Economy

Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference in Taipei on June 4, 2024. I-hwa Cheng | AFP | Getty Images Intel shares slid as much as 20% in extended trading on Thursday after the chipmaker said it would lay off over 15% of its […]

Andy Jassy, chief executive officer of Amazon.Com Inc., speaks during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021. David Ryder | Bloomberg | Getty Images Amazon is pointing to an unusually busy news cycle as one of the drivers behind its weak revenue forecast. On a call with reporters following the […]

Silvio Berlusconi gestures before a 2016 soccer match between his AC Milan and SS Lazio in Milan, Italy.Marco Luzzani | Getty ImagesSilvio Berlusconi, the billionaire media mogul who served as Italian prime minister multiple times between 1994 and 2011, has died. He was 86.Berlusconi died at the San Raffaele Hospital in Milan, according to local… […]

JPMorgan Chase is prepared to pay $290 million in a settlement with victims of the late sexual predator Jeffrey Epstein, a person familiar with the matter told CNBC on Monday.The settlement does not include an admission of liability by the bank, the person said.The announcement of the settlement came just hours before a judge ruled… […]

Offices of Illumina, San Diego, California.Mike Blake | ReutersCheck out the companies making headlines in premarket trading.Nasdaq — The exchange operator’s shares dropped 7.7% following the announcement of its deal to buy Adenza, the software firm owned by Thoma Bravo. The deal, valued at about $10.5 billion, would be Nasdaq’s largest acquisition as the company… […]

Former U.S. President and Republican presidential candidate Donald Trump applauds as he attends the North Carolina Republican Party convention in Greensboro, North Carolina, U.S. June 10, 2023. Megan Varner | ReutersAfter a 37-count criminal indictment against Donald Trump was unsealed Friday, Trump’s former Attorney General Bill Barr said there is trouble ahead for the 2024 Republican presidential hopeful.”If even half… […]

US Secretary of State Antony Blinken speaks during a news conference on the annual human rights report, at the US State Department in Washington, DC, on March 20, 2023.Jim Watson | Afp | Getty ImagesSINGAPORE — Singapore renewed calls for China and the U.S. to cool tensions, warning of “great costs and hardship across the… […]

As a doctor and food scientist, I’ve spent 20 years studying how our diets can help us beat diseases and live longer.I’ve always taken a natural food-based approach, and much of my diet is inspired by a unique blend of two of the greatest food cultures in the world: Mediterranean and Asia. I call it… […]

Shipping containers at the Port of Seattle.Patti Domm | CNBCThe labor strife continues on the west coast with the announcement of the Port of Seattle shutting down due to the International Longshore and Warehouse Union (ILWU) refusing to dispatch labor to work at the container terminals. This is according to an announcement by the Pacific… […]

Over the course of his decades-long career, Curtis “50 Cent” Jackson has learned a thing or two about success.He’s a Grammy-winning rapper, successful businessman and a prolific actor who stars and produces in both TV and film. But Jackson didn’t break into showbusiness overnight. In an interview with Vulture, he explained how his previous success… […]