News

Geely-backed car tech company takes aim at Nvidia's growing auto business

The electric car rush is creating demand for in-vehicle tech that companies from Nvidia to Huawei are chasing.

Paramount falls short of revenue expectations but posts surprise profit, strong streaming results

Paramount+ reached 67.5 million subscribers during the period, a net increase of 4.1 million, and recorded 69% revenue growth year over year.

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

The New York-based online brokerage will combine with SK Growth Opportunities Corporation in the second half of the year.

In wake of AT&T outage, consumer advocates say you should always ask for money back if there’s a blackout

AT&T says it's issuing account credits automatically due to a service blackout. It generally behooves consumers to ask for such reimbursements proactively.

China doubles down on national security, expanding its state secrets law

Chinese President Xi Jinping on Tuesday signed an order to formally adopt revisions to a law on "Guarding State Secrets," according to state media.

Baylor University outperformed the Ivy League to top university endowment performance rankings. Here’s how

Baylor University’s Chief Investment Officer David Morehead takes an active approach to managing the school’s endowment.

JPMorgan CEO Jamie Dimon says AI is not just hype — 'This is real'

The Wall Street executive told CNBC's Leslie Picker on Monday that artificial intelligence is not just a passing fad and will "be used in almost every job."

Jamie Dimon on Capital One's $35.3 billion Discover acquisition: 'Let them compete’

Dimon acknowledged that if regulators approve the Capital One-Discover deal, his bank will be eclipsed as the nation's biggest credit-card lender.

Major airlines raised fees for checked bags. Here are 7 ways to cut costs

Alaska Airlines, American Airlines, JetBlue Airways and United Airlines increased checked-bag fees in 2024. There are ways for travelers to cut those expenses.

Berkshire shares jump after big profit gain as Buffett’s conglomerate nears $1 trillion valuation

The Omaha-based conglomerate on Saturday posted strong fourth-quarter operating earnings of $8.481 billion, about 28% higher than the $6.625 billion from the year-ago period

After doubts about Alibaba's future, co-founder Joe Tsai says: 'We're back'

Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC's Emily Tan.

Xiaomi bets big on its new electric vehicle — targets 20 million premium users

Xiaomi is putting a premium price on its first electric car because it already has about 20 million users in that segment, Group President Weibing Lu told CNBC.
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