Tag: business news
India wants to be a global chip powerhouse in 5 years
India wants to be among the top five semiconductors producers in the world, said the country's minister of electronics, IT, railways and communications.
The rise of Pinduoduo and Temu: profits and secrets | FT Film
Chinese e-commerce app Pinduoduo is one of the biggest and most profitable retailers in the world. It is spending a huge amount of money on international exp...
Charlie Munger in final CNBC interview: You've got to learn how to recognize rare opportunities
CNBC's Becky Quick joins 'Closing Bell Overtime' to discuss her recent interview with Charlie Munger ahead of what would have been his 100 birthday. Long-time business partner of Warren Buffett, Munger died at the age of 99.
Magic Johnson Is Officially a Billionaire — Here's How the Lakers Legend Made His Money
NBA legend and businessman Earvin "Magic" Johnson is a billionaire, according to a new report by Forbes. He's the fourth-ever athlete to accomplish the feat.
Why Japanese Denim Is So Expensive
A pair of typical blue jeans might not cost you much, but it could set you back a few hundred dollars if it's the renowned Japanese selvage variety. Japanese denim from a brand like Momotaro in Kojima, Japan, can cost over $2,000. Today, Japanese denim is...
The 'Henderson test' could weaken Big Tech's favorite law and change free speech on the internet
The so-called Henderson test would significantly weaken the power of Section 230, several experts said, including some who work for Google-backed groups.
Amazon tells employees to be in the office at least three days a week
Amazon will require corporate staffers to be in the office "a majority of the time," or at least three days per week, according to a memo from CEO Andy Jassy.
CNBC Daily Open: U.S. stocks shrug off hot inflation numbers
A hotter-than-expected CPI reading for January caused U.S. Treasury yields to increase. But stocks were remarkably resilient.
How the Supreme Court could soon change free speech on the internet
In 2023, the U.S. justice system, including the Supreme Court, will take on cases that will help determine the bounds of free expression on the internet.
Elon Musk says Twitter is ‘trending to breakeven’ after near bankruptcy
Elon Musk tweeted Sunday that the last few months have been "extremely tough," but said that Twitter is "now trending to break even."
Toyota CEO and President Akio Toyoda to step down
Toyoda, 66, is the grandson of the carmaker's founder and has served as chief executive since June 2009.
Why Americans Feel So Poor | CNBC Marathon
CNBC Marathon explores why American workers’ budgets feel so stretched.The middle class was once a symbol of the American dream. It meant financial security ...
European markets cautious as investors weigh economic outlook
European markets started the new trading week on an uncertain note Monday with investors gauging the economic outlook.
Asia-Pacific shares higher, many markets closed for Lunar New Year
Most markets were closed for the Lunar New Year holiday, with markets in Shanghai shut for the whole week.
Elon Musk defends his old tweets in securities fraud trial in San Francisco
Tesla CEO Elon Musk was in court on Friday defending past tweets about a deal that never materialized to take the company private.
