Year: 2025
Judge unseals Ghislaine Maxwell grand jury materials, citing Epstein files act
Jeffrey Epstein and Ghislaine Maxwell attend the Batman Forever/R. McDonald Event in New York City on June 13, 1995. Patrick McMullan | Getty Images A New York federal judge on Tuesday ordered the unsealing of grand jury materials related to the prosecution of Ghislaine Maxwell, the British socialite convicted of acting as the notorious sex […]
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Fifth Third signs deal making fintech firm Brex the provider of its commercial cards
Key Points Fifth Third struck a deal with Brex to make the fintech firm the provider of its commercial cards and expense management tools for business clients. The program will run on Brex’s embedded payments platform and backed by AI tools. Fifth Third is in the process of acquiring Comerica, a deal expected to […]
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Take a look inside Target’s new fashion-focused store in New York’s SoHo neighborhood
Target has turned its store in New York City’s SoHo neighborhood into a unique concept store. Inside of an area that resembles the company’s Bullseye logo, the company has “The Drop,” a rotating display of seasonal styles and curated items. Courtesy of Target In one of New York City’s most fashion-forward neighborhoods, Target is unveiling […]
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SF mayor’s downtown revival project has reeled in $60 million from Google, OpenAI and others
San Francisco Mayor Daniel Lurie speaks during a press conference at San Francisco City Hall on Oct. 23, 2025 in San Francisco, California. Justin Sullivan | Getty Images San Francisco’s Downtown Development Corporation, launched in April by Mayor Daniel Lurie, said on Tuesday that it’s received over $60 million in early commitments from donors including […]
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Bill Gates on why AI will become ‘hyper competitive’
Bill Gates talks to CNBC at Abu Dhabi Finance Week. CNBC Bill Gates has warned that some AI companies with high valuations will lose out in the “hyper competitive” AI industry, as the investors weigh up whether a bubble is about to burst. “AI is the most important thing going on,” the Microsoft founder and […]
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Paramount’s hostile Warner Bros. bid, Meta’s AI course correction, McDonald’s value crackdown and more in Morning Squawk
David Ellison, chairman and chief executive officer of Paramount Skydance Corp., center, outside the New York Stock Exchange (NYSE) in New York, US, on Monday, Dec. 8, 2025. Michael Nagle | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need […]
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Nvidia can sell the more advanced H200 AI chip to China — but will Beijing want them?
Look at what Nvidia CEO Jensen Huang has said this year, and what Chinese tech giants and Beijing have done, and you’ll see potential hints as to how this lifting of the ban will play out. Why China might push back against the H200 The H200 is one of Nvidia’s most advanced chips for training […]
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Stocks making the biggest moves premarket: Home Depot, Ares, Viking, CVS, Nvidia & more
Check out the companies making the biggest moves in premarket trading: Nvidia — President Donald Trump said the U.S. will allow the tech giant to ship its H200 artificial intelligence chips to China and elsewhere. The U.S. will get a 25% cut for the sales, which are only allowed for approved customers. Shares gained 1%. […]
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From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg was so optimistic last year about his company’s Llama family of artificial intelligence models that he predicted they would become the […]
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AI’s potential excites executives and investors, but general public remains skeptical, survey says
Several AI applications can be seen on a smartphone screen, including ChatGPT, Claude, Gemini, Perplexity, Microsoft Copilot, Meta AI, Grok and DeepSeek. Philip Dulian | Picture Alliance | Getty Images Corporate leaders and investors are brimming with optimism about the potential of artificial intelligence to boost worker productivity, profitability and shareholder returns. The general public […]
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