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Intel is seeking an investor for a stake in its Altera chip unit, CNBC reports
The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.
Huileng Tan
Netflix closes at all-time highs after reporting solid earnings beat and strong guidance
Investors piled into Netflix shares on Friday, sending the stock to fresh records after the streami…
Kelly Cloonan
The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says
The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report …
Jennifer Sor
Wipro likely to cut hundreds of jobs to improve margins
Software major Wipro is likely to cut hundreds of mid-level jobs, as the company looks to improve i…
AI skills could help professionals seize more job opportunities, accelerate Gen Z careers: Microsoft-LinkedIn report
Although AI taking over jobs seems far off, the real and present danger is humans leveraging AI aga…
OpenAI execs were reportedly worried the company could collapse when Ilya Sutskever left — and tried to woo him back
A WSJ report sheds light on Mira Murati's concern over OpenAI's rushed product launches and how exe…
Ana Altchek
Paramount's last-minute bidder wants to partner with a streaming service, report says
Edgar Bronfman Jr. wants to partner Paramount with a tech giant like Apple to boost its streaming b…
Lian Kit Wee
Stock market today: Stocks notch worst weekly decline since March 2023 after August jobs report
The labor market is cooling down, with the three-month average of monthly job gains decelerating to…
Matthew Fox
A controversial tech tycoon is missing after a superyacht sank off the coast of Sicily: reports
British tech tycoon Mike Lynch is among six people thought to be missing after the Bayesian superya…
Mikhaila Friel
A Hollywood megamerger for Paramount is going through: reports
The deal is valued at $8 billion but has yet to be signed by Shari Redstone, who owns a controlling…
Geoff Weiss
CrowdStrike extends post-outage losses to 34% on report Delta has hired a lawyer to seek compensation
No suit has been filed, but Delta plans to seek compensation from CrowdStrike, a CNBC report said.
Kelly Cloonan
Donald Trump reportedly wants to raise tariffs to pay for tax cuts
Critics of Trump's tariff proposals say that they would raise costs for Americans and stoke further…
Filip De Mott
Elon Musk will likely appoint himself temporary Twitter CEO, CNBC reports
Sources told CNBC's David Faber the appointment would last "a few months" following the close of th…
Dominick Reuter
Disney Chairman Bob Iger says he became 'dismissive' of others in a revealing interview on why he stepped down as CEO
With just over a week left of his tenure at Disney, the former CEO is speaking up about why he's pa…
Emily Walsh
Palm Beach housekeepers are raking in $150,000 salaries as the rich flock to Florida, report says
Demand for such positions has surged in areas like Palm Beach as the rich continue to flock to Flor…
Rebecca Rommen
Elon Musk reportedly asks Tesla managers who don't execute orders to 'resign immediately,' according to leaked emails
In emails obtained by CNBC, Tesla CEO Elon Musk tells Tesla factory employees they can listen to mu…
Emily Walsh
Cheddar News was created as a digital disruptor to rival Bloomberg and CNBC. Now its parent, Altice USA, is reportedly considering a sale here's how the network was pushed to the brink.
The New York Times' DealBook reported that telecom firm Altice USA hired Goldman Sachs to "explore …
Reed Alexander
Jill Biden quietly fed lines into Joe Biden's ear, reminding him of a megadonor's name and saying to thank them, report says
Jill Biden had to whisper a donor's name in Joe Biden's ear during a recent White House event, a so…
Thibault Spirlet
Trump advisers are mulling penalties for any countries that stop using the dollar, report says
Economic advisors to the former president are discussing ways to punish countries that move away fr…
Filip De Mott
David Solomon defends his leadership of Goldman Sachs on CNBC. 'I don't recognize the caricature that is painted of me.'
"I'm focused on Goldman Sachs," Solomon said when CNBC's David Faber asked about his side gig as a …