Month: December 2024
Cryptocurrencies rally, with bitcoin retaking $100,000 following November inflation data
The crypto market jumped Wednesday, following two days of digestion after bitcoin rallied to $100,000 for the first time ever last week. The price of the flagship cryptocurrency was last higher by 4.8% at $101,052.72, according to Coin Metrics. Ether also rose 4% but has not reclaimed its key resistance at $4,000. The CoinDesk 20 […]
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SpaceX valuation surges to $350 billion as company buys back stock
SpaceX’s next-generation Starship spacecraft atop its powerful Super Heavy rocket is launched on its sixth test at the company’s Boca Chica launch pad in Brownsville, Texas, on Nov. 19, 2024. Joe Skipper | Reuters The valuation of Elon Musk’s SpaceX hit $350 billion based on a secondary share sale, CNBC confirmed Wednesday. SpaceX, as well as investors, […]
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NFL approves sale of minority stake in the Philadelphia Eagles at $8.3 billion value
Philadelphia Eagles quarterback Jalen Hurts (1) looks on in the second half during the game between the Carolina Panthers and Philadelphia Eagles on December 08, 2024 at Lincoln Financial Field in Philadelphia, PA. Icon Sportswire | Icon Sportswire | Getty Images The National Football league has approved the sale of a minority stake in the […]
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Morocco, Spain and Portugal confirmed as 2030 World Cup hosts, 2034 edition awarded to Saudi Arabia
Fans celebrate as Saudi Arabia is announced as the host nation for the FIFA World Cup 2034 Host on December 11, 2024 in Riyadh, Saudi Arabia. Francois Nel | Getty Images Sport | Getty Images Saudi Arabia will host the men’s soccer World Cup in 2034 while the 2030 edition will be held in Spain, […]
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Real estate stars Oren, Tal Alexander arrested with brother in Miami after sex assault claims
Tal Alexander (L) and Oren Alexander (R). Getty Images Top real estate agents Tal and Oren Alexander and their brother, Alon, who have been accused of sexual assault in multiple lawsuits, were arrested in Miami on Wednesday. Federal prosecutors in New York, who announced the arrests, did not immediately reveal if they were related to the rape […]
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Google releases the first of its Gemini 2.0 AI models
Jaque Silva | Nurphoto | Getty Images Google released the first version of its Gemini 2.0 family of artificial intelligence models on Wednesday. Gemini 2.0 Flash, as the model is called, is available in a chat version for users globally while an experimental multimodal version of the model, with text-to-speech and image generation features, is […]
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Albertsons sues Kroger after judge rules against grocery merger
Traders work as screens display the trading information for Kroger Co. and Albertsons Companies Inc. on the floor of the New York Stock Exchange, Oct. 14, 2022. Brendan McDermid | Reuters Albertsons on Wednesday formally terminated its proposed $25 billion merger with Kroger and filed a lawsuit against its supermarket competitor, saying Kroger violated its […]
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JetBlue to bring ‘Junior Mint’ first class to domestic flights in 2026
Silhouette of passenger in front of the JetBlue Airbus A321neo aircraft spotted on the apron tarmac docked at the passenger jet bridge from the terminal of Amsterdam Schiphol International Airport AMS EHAM in the Netherlands. Nicholas Economou | Nurphoto | Getty Images JetBlue Airways plans to add domestic first-class seats in 2026 on airplanes that […]
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Annual inflation rate accelerates to 2.7% in November, as expected
Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers. The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday. The annual rate was 0.1 percentage point higher than […]
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Healthy Returns: A huge deal to boost Novo Nordisk’s manufacturing is one step closer to closing
A view of the logo of Novo Nordisk at the company’s office in Bagsvaerd, on the outskirts of Copenhagen, Denmark, March 8, 2024. Tom Little | Reuters A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. […]
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