CNBC

The airport in the Saudi capital has been attacked again, officials say

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One official said air traffic to the Riyadh airport had stopped. The officials spoke on condition of anonymity because they weren't authorized to speak to the ...



India unveils tough curbs on dollar demand to defend rupee - CNBC

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... on condition of anonymity as they are not authorized to speak to the media. The central bank has mandated that forex dealers maintain a 20% "foreign ...



NBA Commissioner Adam Silver says EuroLeague deal still on table

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The two teams would play a preseason game or two, similar to how the NBA does it now, according to a person familiar with the matter. "We are interested in ...



Nvidia, Oracle, other AI stocks sink on OpenAI revenue report - CNBC

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A person familiar with the matter said the $68 billion figure included gross revenue from OpenAI's partners, which helps investors make a more direct ...



Amazon makes fresh job cuts, mainly in retail division - CNBC

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Amazon let go fewer than 1,000 white-collar workers, a person familiar with the matter said. Business Insider earlier reported the layoffs. "We've adjusted ...



Rahm's lawyer tells court Spaniard is done with LIV Golf ... - CNBC

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According to sources with knowledge of league operations, conversations with players regarding their participation in LIV Golf 2.0 remain on track, and ...



SpaceX in talks with Apollo, banks to back $40B Nvidia chip buy

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... a person familiar with the talks who asked not to be named to discuss the matter. The deal will primarily rely on the investment-grade debt market, which ...



SpaceX in talks with Apollo, banks to back $40B Nvidia chip ... - CNBC

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graphics processing units, according to a person familiar with the talks who asked not to be named to discuss the matter. The deal will primarily rely on ...



Supertanker from U.S. to China chartered for $76 million - CNBC

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19, the source said. A normal rate for the route based on pre-war levels would be $7 million to $10 million. The cost of the journey would come to $38 per ...



CNBC Daily Open: 'Red' diesel to hit U.S. highways

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"We encourage Russian authorities to share accurate information quickly and openly," a State Department spokesperson who did not wish to be identified told CNBC ...



Trump offers U.S. help to Russia after plague death - CNBC

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We encourage Russian authorities to share accurate information quickly and openly," a state department spokesperson who did not wish to be identified told CNBC.



DeepSeek latest funding round could reach $15 billion - CNBC

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... people familiar with the matter told CNBC. The AI startup has fielded strong interest from state-backed funds, investment arms of listed Chinese companies ...



Oil slips as Middle East crude exports rise, G7 to release stocks

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... sources close to the matter. In Europe, Ukraine will double down on attacking Russian oil refineries, Ukrainian President Volodymyr Zelenskyy told Reuters ...



CBS Sports head David Berson takes over Skydance global ... - CNBC

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Silberwasser informed his team of the news Monday in an e-mailed note, said the people, who asked not to be named because the communication was private.



U.S. bombers leave UK air base on concerns of suspected terror plots

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... on condition of anonymity. Aviation watchers such as the Military Air Tracking Alliance and others have observed dozens of B-52 and B-1 bombers operating ...



U.S. to lend $4.2 billion to Vistra to boost nuclear power output - CNBC

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The U.S. will lend Vistra about $4.2 billion to boost its nuclear power generation, a person familiar with the ⁠matter said on Saturday. U.S. Energy ...



YouTube sports strategy targets more live rights - CNBC

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... asked not to be named because the company's plans are private. YouTube's strategy is distinct from Netflix's — an interesting contrast between the two ...



Mattel shares rise after reports of Authentic Brands takeover interest

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... people familiar with the matter. Mattel traded just above $15 per share on Thursday afternoon. Continue Reading. A person familiar with the talks confirmed ...



Oil prices rise on stalled US-Iran talks and tight fuel markets - CNBC

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... with knowledge of the matter told Reuters. "Recovering crude flows should temper supply-driven ‌price pressures, ⁠although persistent product shortages and ...



Disney lays off around 300 employees in latest cuts under Josh D ...

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... according to a person familiar with the matter. The majority of the cuts were to human resources and technology roles, said the person, who spoke on the ...



Clients said to stay with Morgan Stanley even after leaked pipeline

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The leak may not necessarily translate into many lost mandates for Morgan Stanley, according to people familiar with the matter. In this article. MS.



OpenAI sparked Hugging Face bids with early investment ... - CNBC

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... sources with knowledge of the matter. Deal discussions between OpenAI began after a high-profile hack of Hugging Face in July, when AI agents from the ...



Zuckerberg, Amodei among tech executives set to meet Trump ...

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OpenAI President Greg Brockman will be in attendance as well, Reuters reported, citing a person familiar with the matter. Continue Reading. Trump, Vice ...



CNBC Daily Open: The art of the deal-ish

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... people familiar with the matter. China's Ministry of Industry and Information Technology has asked the companies to report their purchase plans for the ...



Trump unveils $15 billion Mesabi Metallics Iowa steel plant plans

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The steel plant is planned to be built in Iowa and aims to begin production in 2030, a White House official told CNBC on condition of anonymity ahead of the ...



Senate advances college sports bill aimed at regulating NIL deals

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A House source familiar with the matter, who requested anonymity to speak candidly, said the House returning to take up the college sports bill is "highly ...



LeBron James boosts ticket, jersey demand for NBA, Philadelphia ...

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... asked not to be named because the discussions were private. The 76ers described the multiyear agreement as "one of the most comprehensive and impactful ...



OpenAI spark Hugging Face bid war early investment bid ahead of ...

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... asked not to be named because the talks were confidential. Continue Reading. As part of a potential deal between the two companies, Hugging Face would have ...



China may let ByteDance, Alibaba buy new Nvidia chips - CNBC

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... people familiar with the matter. China's Ministry of Industry and Information Technology recently asked companies including ByteDance and Alibaba to report ...



At UN, Russia and Germany's top diplomats hold first talks since 2022

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The German minister also told Lavrov that "a pragmatic solution could pave the way for further concrete steps", the source said. Bilateral ties. In a sign of ...



Stephen Curry agrees to 2-year contract extension worth $116 million

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The person spoke on condition of anonymity because the team had not announced the terms of Curry's contract. Curry was eligible to command up to $136 ...



What did Paramount promise Hollywood to secure WBD? - CNBC

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Several theater executives, who requested anonymity to speak candidly, told CNBC they remain skeptical. Consolidation concerns. Paramount's settlement ...



Oracle sends 'force majeure' notice about data center project - CNBC

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Bloomberg was first to report the news, citing sources familiar with the matter. The company is looking to delay payment on the campus, dubbed Project ...



Oracle shares drop on report it sent 'force majeure' notice about data ...

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Bloomberg reported the news, citing sources familiar with the matter. Continue Reading. This is breaking news. Please refresh for updates. In this article.



Oil prices fall for fifth day after Trump says U.S. met with Iran ... - CNBC

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Saudi Arabia is in the early stages of restarting its critical East-West pipeline, people familiar with the matter told Bloomberg News. In this article. @CL ...



Royal Caribbean nears deal to take 50% equity stake in Sandals

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Royal Caribbean is near a deal to take a 50% equity stake in Sandals, according to a person familiar with the matter. The talks would value Sandals at $6 ...



CNBC's The China Connection newsletter: Watch this at Trump-Xi ...

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U.S. worries about AI have accelerated since early last week and it will be a part of the discussions between Trump and Xi, according to someone familiar with ...



Paramount could settle with states over Warner Bros. this weekend

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... sources familiar with the matter told Reuters on Friday. The sources said a commitment on the number of theatrical releases is also among the terms being ...



Trump says he will appoint a new AI adviser, without providing details

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... a person familiar with the planning said on Saturday. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in ...



Anthropic quietly sets up biology lab as it ramps AI drug program

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... people familiar with the matter said. Anthropic has said it wants to unlock treatments for rare diseases, and its biology work has gone beyond "in silico ...



JPMorgan, Citigroup CEOs Dimon, Fraser at Trump-Xi state dinner

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... sources familiar with the matter told CNBC on Friday. The White House did not immediately respond to CNBC's requests for comment on the information from the ...



Nike parts ways with Kylian Mbappé; soccer superstar signs with On

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... person familiar with the matter told CNBC. Earlier Friday, the Swiss sportswear company On said it reached an agreement with Mbappé, marking the brand's ...



AirAsia's Fernandes refutes financial concerns, cites growth plans

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Reuters reported earlier this week, citing people with knowledge of the matter, that the Malaysian government had asked Malaysia Airlines and Batik Air ...



Anthropic, OpenAI hunt for smaller AI data center deals, sources say

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OpenAI had been exploring opportunities for those smaller capacity deployments in the Nordics, two of the sources said. One source said they were also ...



JPMorgan CEO Jamie Dimon attending Trump-Xi state dinner - CNBC

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The White House did not immediately respond to CNBC's request for comment on the information from the source, who requested anonymity to discuss the guest list ...



Starbucks considers selling majority stake in Japan: Reuters - CNBC

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... with knowledge of the matter said. The Japan operations of the world's largest coffeehouse chain span 1,883 stores and account for nearly 9% of its global ...



OpenAI investors have approached the company about a new ...

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... asked not to be named in order to discuss nonpublic information. OpenAI, which raised $122 billion at a $852 billion valuation in March, is not currently ...



Nvidia CEO Huang attending U.S. state dinner for China's Xi - CNBC

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... a person familiar with the matter told CNBC on Tuesday. The person spoke on condition of anonymity to discuss the private guest list. Huang's planned ...



Oil's safety net is fraying as Saudi Arabia races to restart a key pipeline

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... a person familiar with the matter. Cristobal Olivares | Bloomberg | Getty Images. The global oil market is running out of safety nets. Prices are unlikely to ...



Wall Street weighs prospect of an AI slowdown on data center buildout

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... asked not to be named because the talks are private. Amazon is the latest hyperscaler to go back to the debt market, raising roughly £4.25 billion (nearly ...

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