Business

Jeff Bezos awards 40 grants worth $123 million to fight homelessness

Bezos recently said he’d give away most of his wealth, but the Amazon founder is more hesitant than other billionaries ...

Elon Musk has himself to blame for Twitter’s advertising woes, civil rights groups say

After Elon Musk tweeted that activist groups “broke a deal” with him by encouraging advertisers to ditch the site, civil ...

Disney’s ‘Avatar: The Way of Water’ gets coveted China release

Disney’s “Avatar: The Way of Water” will be released in China on Dec. 16.

CME Group CEO calls Bankman-Fried ‘an absolute fraud,’ says he saw trouble months before FTX collapse

CME Group chairman and CEO Terry Duffy suspected corruption at crypto exchange the day of his first one-on-one meeting with ...

Sam Bankman-Fried gives most detailed explanation yet about FTX’s collapse in letter to staff while still claiming ignorance of wrongdoing

In a letter to staff, he described a $51 billion crash in “collateral” ahead of FTX’s bankruptcy earlier this month. ...

Bolsonaro’s party challenges election defeat to Lula

Complaint alleges issues in electronic voting machines after narrow defeat for Brazil’s outgoing president

China is showing signs its intense crackdown on the video game sector is easing

New game approvals in China and a report praising the progress of reducing gaming addiction could be positive signs for ...

Jim Cramer says these 10 tech and software stocks can make a comeback

CNBC’s Jim Cramer on Tuesday named hammered tech stocks that he believes can make a comeback after the Federal Reserve ...

Charts suggest the ‘mother of all buying opportunities’ for oil is coming next month, Cramer says

West Texas Intermediate crude futures, the U.S. benchmark for oil, saw wide swings this week.

Bankman-Fried issues mea culpa in letter to former FTX employees

Ex-billionaire writes to his ‘family’ and deeply regrets his ‘oversight failure’

HP Inc. is cutting up to 6,000 employees as it becomes the latest tech company to announce major layoffs

The layoffs come amid weaker sales and a faltering economy, with HP Inc.’s CEO describing it as a “volatile macro-environment.” ...

Glazers weigh up Manchester United sale

US owners confirm looking for outside investors or potential disposal after 17 contentious years

Goldman Sachs to pay $4mn penalty over ESG fund claims

US regulator says bank staff completed company screenings after they were already picked for portfolios

Labour plans to shake up UK by extending devolution

Starmer expected to accept Brown review proposals including banning MPs’ second jobs

CEOs who miss the old ways of work are watching Elon Musk’s ‘hardcore’ tactics with glee

Some CEOs support Musk’s antics at Twitter, while others feel it’s no way to be a leader. Read More

HP laying off 4,000-6,000 employees globally over the next three years

HP shares moved higher after management announced another wave of job cuts, which come as the company faces steeper revenue ...

Barry Silbert seeks to reassure DCG investors

Billionaire writes to crypto group’s shareholders amid fears for broker Genesis amid FTX fallout

Supreme Court clears way for lawmakers to access Trump tax records

Order is the latest in a litany of legal challenges against the former president as he embarks on another White ...

How to get a credit card advance

A cash advance can be useful if you need cash right away but you may face a 25% to 27% ...

The day they cut ties with Cristiano Ronaldo, the Glazers confirm they’re working with advisors on a potential Manchester United sale

“As we seek to continue building on the club’s history of success, the board has authorized a thorough evaluation of ...

Pro Picks: Watch all of Tuesday’s big stock calls on CNBC

A recap of Tuesday’s best stock picks on CNBC.

Thanksgiving airfares aren’t just back to where they were before the pandemic—they’re much higher

Airfares in the week leading up to Thanksgiving are as much as 33% higher than they were in 2019. Read ...

The Supreme Court just allowed Congress to see Donald Trump’s tax returns after a 3-year battle

The court rejected Trump’s plea to prevent the Treasury Department from sending along six years of tax returns. Read More

Company is accused of hiring kids as young as 13 to clean dangerous equipment in slaughterhouses

Investigators said in court documents that some of the teens they found working for PSSI told them that “everyone there ...

The widow of an ex-college football player says her husband suffered head trauma and is asking the NCAA for $55 million in damages

“You cannot bring Matt back but you can say what the NCAA did to him was wrong.” Read More

My personal insight into fireworks back at the Magic Kingdom: The return of Disney’s triumphant General Iger

After 40 years of researching leadership and discussions with Bob Iger and Bob Chapek, Yale’s Jeff Sonnenfeld shares his thoughts ...

Biden extends federal student loan payment and interest pause as White House battles for loan forgiveness in court

“We’re extending the payment pause because it would be deeply unfair to ask borrowers to pay a debt that they ...

Russia’s Gazprom threatens to cut last remaining supply of natural gas to Europe

“This is not the first time that Russia resorts to using gas as a tool of political pressure,” said Olha ...

Immigration overshadows economy worries for CBI delegates

Disappointment at ‘party political’ stances of both Sunak and Starmer over issue