Latest in TikTok is still running. Companies helping it could face $850 billion hit.
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Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World
TikTok is challenging a possible ban or forced sale to new owners in the United States, but has for several years been waging other fights in at least 20 countries.The New York Times - Jan. 10 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
Firefighting aircraft hit by drone
A Canadian Super Scooper plane was hit by a drone while flying over the Palisades Fire. The plane is expected to fly again, but as KNBC's David Biggar reports, the FAA is investigating as flying ...NBC News - Jan. 10 -
TikTok could shut down unless Supreme Court blocks or delays U.S. ban
Court to hear arguments Friday on law forcing TikTok sale by Chinese parent company that takes effect in Jan. 19.CBS News - Jan. 9 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
These Newly Identified Cells Could Change the Face of Plastic Surgery
Cartilage cells that contain fat explain why some skeletal tissues are less rigid than others, and could one day be grown in labs to produce better materials for performing reconstructive surgeries ...Wired - Jan. 9 -
How Trump’s Greenland Plan Could Hit Ozempic, Legos and Hearing Aids
Putting tariffs on Denmark unless it cedes the island of Greenland could hurt access to a few key products, including popular medicines.The New York Times - Jan. 9 -
Father and son Ashley and Tyler Young could face each other in the FA Cup
Former England international Ashley Young could face his 18-year-old son Tyler when Everton hosts Peterborough in the third round of the FA CupABC News - Jan. 9 -
Whitehall estimates child sexual abuse compensation could hit £10bn
Starmer has criticised previous Conservative government for not implementing recommendations of 2022 Jay reviewFinancial Times - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Bitcoin Is Luring More Companies and Their Cash
It is a sharp pivot away from the cautious approach of the traditional corporate treasury, normally charged with safeguarding cash rather than chasing higher returns.The New York Times - Jan. 8 -
Bolton: Trump's Greenland gambit could help Xi, Putin
John Bolton, President-elect Trump's former national security adviser, said Trump’s unwillingness to rule out military force on Greenland could bolster the positions of Chinese President Xi Jinping ...The Hill - Jan. 8 -
'Music is back' as vinyl and streaming help sales hit a 20-year high
Albums by Billie Eilish, Taylor Swift and Coldplay pushed sales of recorded music to a record £2.4bn.BBC News - Jan. 8 -
Men on secret 1970s pro-paedophile list could still work with children today
A small number have been identified from a 300-strong group of adults who called for legal sex with children.BBC News - Jan. 8 -
MLB rumors: Yankees target infield help, Cardinals running out of options for Nolan Arenado and more
Here are your hot stove rumors for Tuesday, Jan. 7CBS Sports - Jan. 7 -
Trump announces Dubai company will invest at least $20 billion in U.S. data centers
DAMAC Properties is the latest foreign investor to announce plans for the U.S. since Donald Trump's victory.CBS News - Jan. 7 -
Consumers could face price rises of 20% in 2025, trade experts warn
Global instability and possibility of Trump administration imposing tariffs may disrupt flow of goods . The price of household staples including food and drink could climb by as much as 20% in 2025 ...The Guardian - Jan. 7 -
Democrats still underestimate Trump
Despite his greatest political win, and arguably America’s greatest presidential recovery, Trump’s opponents continue to act as though his success is a fluke.The Hill - Jan. 7 -
When the blizzard hits, why are we still commuting?
As Winter Storm Blair wreaks havoc across the U.S., the lack of leadership in promoting remote work is frustrating and could have saved lives, reduced economic disruption and maintained normalcy.The Hill - Jan. 7 -
Getty’s stock soars 42% after image company agrees to merge with Shutterstock in $3.7 billion deal
The deal is expected to generate annual cost synergies of $150 million to $200 million by year three and to boost earnings and cash flow by year two.MarketWatch - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday.NBC News - Jan. 6 -
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Sierra Space CEO Tom Vice left the company at the end of 2024 after 3½ years in the role.CNBC - Jan. 6 -
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Bank alleges Bill Cosby ‘failed to repay’ loans; he could face foreclosure on two NYC homes
Cosby and his wife are reportedly facing foreclosure on two townhouses, after allegedly failing to keep up with repayments on multimillion-dollar loans.MarketWatch - Jan. 6 -
On the Run, a Hit Man Gives One Last Confession
Edgar Matobato says he killed again and again for former President Rodrigo Duterte of the Philippines. Now he’s trying to stay alive to testify.The New York Times - Jan. 6 -
Face the Nationn: Pelosi, Homan
Missed the second half of the show? The latest on...As Congress readies for the joint session to count the Electoral College votes four years after President-elect Donald Trump's supporters stormed ...CBS News - Jan. 5 -
Chinese Companies Have Sidestepped Trump’s Tariffs. They Could Do It Again.
The companies have found plenty of new channels to the U.S. market — demonstrating the potential limits of the tariffs Donald Trump has promised to impose.The New York Times - Jan. 5 -
Bengals' Joe Burrow sends heartfelt message to Aaron Rodgers ahead of what could be final game: 'Help us out'
Rodgers can help Burrow and the Bengals make the playoffs with a Jets winCBS Sports - Jan. 5 -
Chelsea's winless run hits 4 as Palace score late
Crystal Palace scored a late equaliser to leave Chelsea winless in four Premier League games as Jean-Philippe Mateta struck in the 82nd minute to cancel out Cole Palmer's first-half opener.ESPN - Jan. 5 -
Sunday shows preview: US reels after New Year's attacks; 119th Congress hits ground running
The U.S. is reeling from a pair of New Year’s Day attacks in Nevada and Louisiana that have taken multiple lives and injured dozens. Authorities said the suspect in the New Orleans terror attack, ...The Hill - Jan. 4 -
U.S. Hits Chinese Cybersecurity Company With Sanctions After Breach
The agency imposed penalties on a company it blamed for supporting the Chinese hacking group Flax Typhoon in a 2022-23 infiltration.The New York Times - Jan. 3 -
Why House Speaker Mike Johnson could face a challenge during leadership vote
House Speaker Mike Johnson may not have the votes needed to retain the gavel even with President-elect Donald Trump's endorsement. CBS News' Taurean Small and Libby Cathey report.CBS News - Jan. 3 -
Fee change on investment trusts could badly hit manager revenues
Greencoat UK Wind’s charge shake-up could be copied by other trustsFinancial Times - Jan. 3 -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - Jan. 2 -
China hits dozens of U.S. companies before expected Trump tariffs
China's Ministry of Commerce adds 28 U.S. entities to export control list to "safeguard national security and interests."CBS News - Jan. 2 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2