Month: January 2026
Workday CEO calls narrative that AI is killing software ‘overblown’
Workday CEO Carl Eschenbach on Thursday tried to ease worries that artificial intelligence is destroying software business models. “It’s an overblown narrative, and it’s not true,” he told CNBC’s “Squawk Box” from the World Economic Forum in Davos, Switzerland, calling AI a tailwind and “absolutely not a headwind” for the company. Software stocks have sold […]
Read More
Waymo launches robotaxi service in Miami, extending U.S. lead
A Waymo vehicle exits a charging lot on Jan. 15, 2026 in Austin, Texas. Brandon Bell | Getty Images Alphabet‘s Waymo said Thursday that its robotaxi service is now open to paying riders in Miami, kicking off a 2026 market expansion. Miami is the sixth market where Waymo offers driverless ride-hailing service, extending its lead […]
Read More
Newsom shows off knee pads for CEOs ‘selling out’ to the Trump administration
Gavin Newsom, governor of California, holding a knee pad during the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 22, 2026. Bloomberg | Getty Images California Gov. Gavin Newsom on Thursday showed off knee pads that he suggested were for leaders “selling out” to the Trump administration. Speaking at the World Economic Forum […]
Read More
OpenAI chair Bret Taylor says AI is ‘probably’ a bubble, expects correction in coming years
Bret Taylor, co-founder of the artificial intelligence startup Sierra, said Thursday that AI “probably” is a bubble that is causing both “smart money” and “dumb money” to fund competitors at every layer of the tech stack. Taylor, who also serves as the chairman of OpenAI’s board, said the free market will ultimately determine where the […]
Read More
Trump signed his Gaza ‘Board of Peace’ into being. Here’s who’s on it — and who isn’t
DAVOS, SWITZERLAND – JANUARY 21: U.S. President Donald Trump speaks onstage with President and CEO of the World Economic Forum Børge Brende at the World Economic Forum (WEF) on January 21, 2026 in Davos, Switzerland. The annual meeting of political and business leaders comes amid rising tensions between the United States and Europe over a […]
Read More
Spirit Airlines is in deal talks with investment firm Castlelake as struggling carrier seeks path forward
A Spirit Airlines Airbus A320 taxis at Los Angeles International Airport after arriving from Boston on September 1, 2024 in Los Angeles, California. Kevin Carter | Getty Images News | Getty Images Spirit Airlines is in talks with alternative investment firm Castlelake for a potential takeover as the discount airline looks for a path out […]
Read More
EU needs ‘greater clarity’ on Trump’s Greenland intentions after he backs down on tariffs, senior lawmaker tells CNBC
The EU needs “clarity” on Donald Trump’s intentions after he cancelled his planned levies against eight countries over their stance on Greenland, a senior lawmaker has told CNBC. EU lawmakers have removed the threat of tariff countermeasures against the U.S. after the U.S. president backed down. Bernd Lange, a member of the European Parliament and […]
Read More
Trump’s Greenland ‘framework,’ Dimon’s credit card cap rebuke, YouTube’s AI slop plan and more in Morning Squawk
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. With each passing day of the World Economic Forum, my envy grows for those spending the week in Switzerland. Stock futures are higher this morning. The three major averages are coming off a positive session. Here are five key things […]
Read More
Top business leaders issue an expletive-laced message on the green backlash
The USA House is prepared ahead of the World Economic Forum on January 18, 2026 in Davos, Switzerland. The annual WEF meeting brings together leaders from government, business and civil society to discuss major global issues. This year’s edition is taking place from January 19 to 23. Elena Romanova | Getty Images News | Getty […]
Read More
Procter & Gamble earnings top estimates, but shrinking demand weighs on sales
In this photo illustration, the Procter and Gamble logo is seen on a package of Pepto Bismol on June 05, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Procter & Gamble on Thursday reported mixed quarterly results as demand for its Gillette razors and Pampers diapers fell. The company also tweaked its earnings […]
Read More