Day: May 17, 2024

New York crypto personality used ‘Seinfeld’ joke in fraud, feds reveal
Politics

New York crypto personality used ‘Seinfeld’ joke in fraud, feds reveal

Jason Alexander as George Costanza.   Maria McCarty | NBCU Photo Bank | NBCUniversal | Getty Images Yada, yada, yada, this cryptocurrency crook isn’t laughing now. A New York man swindled more than $1.3 million from friends, neighbors and investors by among other things getting them to invest in bogus real estate projects involving a company […]

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Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and more
Finance

Stocks making the biggest moves midday: GameStop, Reddit, Advanced Micro Devices, Robinhood and more

Check out the companies making headlines in midday trading: GameStop — Shares tumbled 19.7% after the video game retailer said it plans to sell up to 45 million class A common shares in an at-the-market offering. The sale comes after GameStop shares surged earlier this week in a brief revival of the meme-stock trade. The […]

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Mercedes-Benz workers in Alabama vote against UAW union membership
Business

Mercedes-Benz workers in Alabama vote against UAW union membership

United Auto Workers (UAW) members and supporters on a picket line outside the ZF Chassis Systems plant in Tuscaloosa, Alabama, US, on Wednesday, Sept. 20, 2023. Andi Rice | Bloomberg | Getty Images Mercedes-Benz workers in Alabama have voted against union representation by the United Auto Workers, the National Labor Relations Board said Friday. The […]

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Bitcoin breaks six-week losing streak, climbs to ,000: CNBC Crypto World
World

Bitcoin breaks six-week losing streak, climbs to $67,000: CNBC Crypto World

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, JP Richardson, […]

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Some vacationers expect to carry summer travel debt, report finds. Here’s how to avoid that
Travel

Some vacationers expect to carry summer travel debt, report finds. Here’s how to avoid that

Klaus Vedfelt | Digitalvision | Getty Images If you plan to spend money on travel as the days get longer, sunnier and warmer, be careful: It could leave you with high-interest debt you will still be paying off through the fall and winter. Almost half (45%) of Americans plan to take a summer trip requiring […]

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Man convicted of attacking ex-Speaker Nancy Pelosi’s husband with a hammer sentenced to 30 years
Politics

Man convicted of attacking ex-Speaker Nancy Pelosi’s husband with a hammer sentenced to 30 years

David DePape, right, records the nude wedding of Gypsy Taub outside City Hall on Dec. 19, 2013, in San Francisco. DePape is accused of breaking into House Speaker Nancy Pelosi’s California home and severely beating her husband with a hammer. DePape was known in Berkeley, Calif., as a pro-nudity activist who had picketed naked at […]

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OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it
Technology

OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it

OpenAI has disbanded its team focused on the long-term risks of artificial intelligence just one year after the company announced the group, a person familiar with the situation confirmed to CNBC on Friday. The person, who spoke on condition of anonymity, said some of the team members are being reassigned to multiple other teams within […]

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Former Trump lawyer John Eastman pleads not guilty in Arizona election case
Politics

Former Trump lawyer John Eastman pleads not guilty in Arizona election case

Attorney John Eastman, the architect of a legal strategy aimed at keeping former President Donald Trump in power, gets out of an SUV to talk to reporters after a hearing in Los Angeles, Tuesday, June 20, 2023. Jae C. Hong | AP The attorney John Eastman pleaded not guilty Friday in the Arizona case charging […]

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Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis
Business

Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis

Tim Kuniskis, head of Fiat Chrysler’s passenger cars division in North America, reveals the 2021 Dodge Durango SRT Hellcat SUV during an online event on July 2, 2020. Screenshot DETROIT – Stellantis‘ Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker and its predecessors, the company announced […]

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Activist Boaz Weinstein says BlackRock funds are ‘crushing shareholder rights’
Technology

Activist Boaz Weinstein says BlackRock funds are ‘crushing shareholder rights’

Boaz Weinstein, founder and chief investment officer of Saba Capital Management, during the Bloomberg Invest event in New York, US, on Wednesday, June 7, 2023.  Jeenah Moon | Bloomberg | Getty Images Boaz Weinstein, the hedge fund investor on the winning side of JPMorgan Chase’s $6.2 billion, “London Whale” trading loss in 2011, is now […]

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