Business Hand

10/06/2024

SpaceX successfully launches its Starship megarocket to orbit, returning it to Earth for the first time

SpaceX's Starship megarocket completed a high-stakes fourth test flight. Both the Starship spacecraft and the rocket’s first-stage, known as Super Heavy, survived the fiery trip back through Earth’s atmosphere.

10/06/2024

Billionaire Frank McCourt's TikTok bid wins key backer as he looks past app’s prized algorithm

As a business executive and philanthropist, McCourt spent years advocating for a new internet in which a user’s data is owed by the user.

16/04/2024

Want to ride the next wave of the AI trade beyond tech? These 2 portfolio stocks fit the bill

16/04/2024

You can scrub your personal information from Google searches. Here’s how to do it

There's a new feature in Google Search that allows you to remove your phone, email and address from the search page.

28/12/2023

Apple can temporarily sell smartwatches after US appeals court win

Apple can for now resume sales of its flagship smartwatches, after a U.S. appeals court on Wednesday paused a government commission's import ban on the devices imposed in a patent dispute over its medical monitoring technology.

13/12/2023

The runway is getting clearer, but the U.S. economy still isn’t assured of a soft landing

There's nothing about a 3.7% unemployment rate and another 199,000 jobs that even whispers "recession," let alone screams it.

13/12/2023

Why automakers are turning to hybrids in the middle of the industry’s EV transition

Automakers are reconsidering the viability of hybrid vehicles to appease consumer demand and avoid costly penalties related to federal fuel economy standards.

07/12/2023

Crypto execs say the bull run is underway and could lead to $100,000 bitcoin in 2024

Excitement around a bitcoin ETF being approved in the U.S. next year as well as the bitcoin halving is fueling a rally in cryptocurrencies.

07/12/2023

Spotify to lay off 17% of employees — read the full memo CEO Daniel Ek sent to staff

Spotify shares climbed roughly 10% Monday after the music streaming service said it would cut 17% of its workforce, or about 1,500 jobs.

22/11/2023

Best Buy cuts sales forecast, as holiday shoppers hunt for deals

Best Buy beat Wall Street's earnings expectations, but cut is full-year sales outlook as it prepares for cost-conscious holiday shoppers.

22/11/2023

Toyota financing arm fined $60 million by consumer watchdog for car loan scam

Toyota's U.S.-based financing arm was found to have violated federal law in its lending practices, according to the CFPB.

15/11/2023

Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation

GoCardless CEO Hiroki Takeuchi said that his firm was "very open minded" about the prospect of mergers and acquisitions.

15/11/2023

Central banks look to have hit peak rates. Here’s how markets think they’ll come down

The world's major central banks paused their interest rate hiking cycles in recent weeks and markets are turning their attention to the first round of cuts.

07/11/2023

Food-delivery startup Wonder Group gets $100 million investment from Nestle

The startup Wonder Group is making a push to sell its proprietary kitchen equipment to other businesses, such as airports and sports arenas.

07/11/2023

Bad news for the economy is good news for the stock market ... as long as it doesn’t get too bad

Bad news is good news, as long as it isn't too bad.

30/10/2023

McDonald’s tried to buy Panera Bread, and 5 other reveals from founder Ron Shaich’s book

Panera Bread founder Ron Shaich's new book reveals new details about his career, including that the chain almost merged with Starbucks.

30/10/2023

Shein deepens its relationship with Forever 21, will begin selling co-branded clothes online

Fast fashion players Shein and Forever 21 are slated to unveil a co-branded clothing line after the two retailers launched a joint venture earlier this year.

23/10/2023

Money masters discuss what it takes to be successful: ‘You have to carry a little bit of defiance’

Watch CNBC Make It's Your Money virtual event for expert tips on overcoming self-doubt to start your own business.