Month: July 2022
SEC letter to Musk questions tweet about Twitter acquisition
The official profile of Elon Musk on the social network Twitter. Rafael Henrique | Lightrocket | Getty Images The Securities and Exchange Commission asked billionaire Elon Musk for more information on a tweet related to his $44 billion acquisition of Twitter that he’s recently tried to call off, a new regulatory filing Thursday shows. The […]
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Emirates Airline slams Heathrow Airport’s ‘unacceptable’ demand to cut flights, refuses to comply
The airline industry has been hamstrung by a perfect storm of challenges over recent weeks, from labor shortages and supply disruptions to rising fuel prices. Sopa Images | Lightrocket | Getty Images DUBAI, United Arab Emirates — Emirates Airline has harsh words for London’s Heathrow Airport, the U.K.’s largest aviation hub currently beset by travel […]
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Jan. 6 panel’s next hearing will focus on Trump’s hourslong failure to stop the Capitol riot
The House select committee investigating the Jan. 6 Capitol riot said its next hearing will focus on how former President Donald Trump’s failure to quell the violent mob for several hours showed a “supreme dereliction of duty.” The committee’s eighth public hearing, expected to air in prime time July 21, marks its last scheduled presentation of evidence […]
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Molson Coors to return to the Super Bowl for the first time in more than 30 years
Molson Golden and Coors Light beer bottles are pictured at the Asylum bar in New York. Andrew Harrer | Bloomberg | Getty Images Molson Coors Beverage will return to the Super Bowl next year, making its first appearance during the big game in more than 30 years. The move comes after archrival Anheuser-Busch InBev announced […]
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How two college friends launched a company that has helped save 32 terawatt hours of energy and more than $3 billion in energy bills
The founders of Opower, Daniel Yates and Alex Laskey. Brooks Kraft | Corbis News | Getty Images In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later. Before Alex Laskey launched an energy efficiency company in 2007, he was primarily working on political campaigns, “almost […]
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Chipmaker Intel starts informing customers of price-hike plan
Pat Gelsinger, CEO, of Intel Corporation, holds a semiconductor chip while testifying during the Senate Commerce, Science, and Transportation hearing titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel Corp said on Thursday it has started informing customers […]
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Facebook-owner Meta releases first human rights report
Expectations were already low going into Meta’s latest quarterly results, which were a mixed back. Sopa Images | Lightrocket | Getty Images Facebook-owner Meta released its first annual human rights report on Thursday, following years of accusations that it turned a blind eye to online abuses that fueled real-world violence in places like India and Myanmar. […]
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5 things to know before the stock market opens Thursday
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Another weak morning for stocks Just days ago, investors toasted a winning week in the […]
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Apple’s new MacBook Air is a near-perfect update, but don’t rule out the older model
A new MacBook Air running M2 chip is seen displayed during Apple’s annual Worldwide Developers Conference in San Jose, California, June 6, 2022. Peter Dasilva | Reuters Apple’s new $1,199 MacBook Air, with its latest processor, the M2, launches in stores Friday. I’ve been testing it for a week, and I think it’s the MacBook […]
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Twitter is down
The logo and trading symbol for Twitter is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, July 11, 2022. Brendan McDermid | Reuters Twitter is down Thursday morning. While the website loads for people, users are unable to see timelines. It’s not clear how widespread […]
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