Lip-Bu Tan, CEO of Intel, appears at an event organized by the company. Andrej Sokolow | Picture Alliance | Getty Images Intel CEO Lip-Bu Tan addressed “misinformation” about his previous roles after President Donald Trump called for his resignation and raised ethical concerns. ” I want to be absolutely clear: OverRead More →
FILE PHOTO: U.S. President Donald Trump and Russia’s President Vladimir Putin talk during the family photo session at the APEC Summit in Danang, Vietnam November 11, 2017. Jorge Silva | Reuters U.S. President Donald Trump’s deadline for Russia to cease its war in Ukraine expires on Friday, as markets watchRead More →
CHONGQING, CHINA – JULY 17: In this photo illustration, a person holds a physical representation of a Bitcoin (BTC) coin in front of a screen displaying a candlestick chart of Bitcoin’s latest price movements on July 17, 2025 in Chongqing, China. (Photo illustration by Cheng Xin/Getty Images) Cheng Xin |Read More →
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images South Korea has tasked some of its biggest companies and promising startups to build a national foundational AI model usingRead More →
Markets expect Bank of England to hold rates steady General view of the Bank of England and the Bank of England’s Prudential Regulation Authority (PRA) in March 2025. Sopa Images | Lightrocket | Getty Images Markets are now pricing in a more-than 90% probability the Bank of England keeps ratesRead More →
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato | Reuters Shares of SoftBank Group surged 13% Friday to hit a fresh record, following the company’s higher-than-expected fiscal first-quarter profit. This marks the Japanese investment firm’s fourth straight session of gains,Read More →
Tesla’s vice president of hardware design engineering, Pete Bannon, is leaving the company after first joining in 2016 from Apple, CNBC has confirmed. Bannon was leading the development of Tesla’s Dojo supercomputer and reported directly to Musk. Bloomberg first reported on Bannon’s departure, and added that Musk ordered his teamRead More →
Bill Ready, CEO of Pinterest, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California, on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Pinterest shares were down more than 10% on Thursday after the company reported second-quarter earnings thatRead More →
Bank of America is sticking by Emerson Electric after a postearnings sell-off, as the company could benefit from manufacturing shifting back to the U.S. Emerson Electric’s fiscal third-quarter results were mixed, hurt by weaker-than-expected sales. The company, which makes autonomous technology and industrial goods, lowered its full-year outlook and nowRead More →
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 6, 2025. Jeenah Moon | Reuters Stocks gave back gains on Thursday as investors attempted to move past concerns over President Donald Trump’s tariffs. The S&P 500 traded 0.3% lower, while theRead More →
