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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   


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2 mins read

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   


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1 min read

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   


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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…

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3 mins read

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…

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3 mins read

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   


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2 mins read

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   


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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   


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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   


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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   


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1 min read

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   


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2 mins read

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   


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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   


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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   


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1 min read

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   


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1 min read

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   


Reed Alexander   


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2 mins read

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   


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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   


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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 …

Kaja Whitehouse