Month: February 2025
From tariffs to DOGE, what companies are saying about the impact of MAGA policies
CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on Jan. 20, 2025. Saul Loeb | Via […]
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India’s NTPC plans to spend $62 billion on 30GW of nuclear power, sources say
Indian state power company NTPC is looking to build 30 gigawatts (GW) of nuclear power capacity over the next two decades, three times more than expected, at a cost of $62 billion, three sources said. The country’s top power producer, which mainly runs coal-fired plants, is seeking land for its ambitious plan in a country […]
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Europe clambers to form Ukraine plan as U.S. forges ahead with Russia on peace talks
France’s President Emmanuel Macron (C) walks with U.S. President-elect Donald Trump (R) and Ukraine’s President Volodymyr Zelenskyy (L) after a meeting at the Elysee Presidential Palace in Paris on Dec. 7, 2024. Julien De Rosa | Afp | Getty Images Europe is vying for a say in fast-advancing Russia-Ukraine peace talks after the U.S. over […]
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European markets edge higher as political tension lingers
Anglo American Platinum announces dividend and demerger plans Anglo American Platinum said Monday that it would pay out an additional cash dividend before a demerger that will see it become a standalone company. The additional dividend will amount to 59 South African rand ($3.21) per share, with the payout totaling 15.7 billion rand. It will […]
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CNBC Daily Open: Elon Musk’s money can’t buy OpenAI
Elon Musk, chief executive officer of Tesla Inc., in the Oval Office of the White House in Washington, DC, US, on Tuesday, Feb. 11, 2025. Aaron Schwartz | Bloomberg | Getty Images In January, U.S. consumers didn’t feel as inclined to open their wallets, causing retail sales for the month to fall more than expected, […]
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‘Game on’: Tech execs say DeepSeek ramps up China-U.S. competition but won’t hurt OpenAI
Tech bosses largely agree the risk DeepSeek poses to OpenAI remains limited for now. Bloomberg | Bloomberg | Getty Images The technological advances that Chinese artificial intelligence lab DeepSeek have displayed show the game is on when it comes to U.S.-Sino competition on AI, top tech executives told CNBC. In a series of interviews at […]
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Gen Z battling with phone anxiety are taking telephobia courses to learn the lost art of a call
Nottingham College in the U.K. is offering a telephobia course to help students with phone call anxiety. Jamie Grill | Photodisc | Getty Images There was once a time when picking up a phone call was the main mode of communication, but now with endless choices available, some tech-savvy Gen Z are consumed with anxiety […]
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Singapore court finds opposition party leader guilty of lying to parliament
Pritam Singh, leader of Singapore’s main opposition Workers’ Party, arrives at its State Courts on Monday, Feb. 17, 2025. Lionel Ng | Bloomberg | Getty Images A court in Singapore on Monday found opposition Workers’ Party leader Pritam Singh guilty of two counts of lying to parliament, a verdict that could see him barred from contesting a general election this year. Singh had pleaded not guilty and his sentencing was due […]
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China’s Xi Jinping speaks to entrepreneurs in a rare high-profile meeting amid economic headwinds
BEIJING, CHINA – FEBRUARY 6: Chinese President Xi Jinping (C) speaks during a bilateral meeting with Brunei Sultan Hassanal Bolkiah (not pictured) at the Great Hall of the People on February 6, 2025 in Beijing, China. Andres Martinez Casares | Getty Images News | Getty Images Chinese President Xi Jinping delivered a speech at a […]
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DOGE-affiliated employee has accessed IRS system with sensitive taxpayer information
The Internal Revenue Service building in Washington, D.C. on Feb. 13, 2025 Kayla Bartkowski | Getty Images News | Getty Images An Internal Revenue Service employee who is affiliated with the Department of Government Efficiency has accessed an IRS system that houses sensitive taxpayer information, according to an administration official. The employee was granted access to the […]
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