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CNBC Daily Open: Trump’s ‘big, beautiful’ tax bill might only be a short-term boost to the U.S. economy
Rep. Robert Scott (D-VA) (R) speaks during a mark up meeting with the House Budget Committee on Capitol Hill on May 16, 2025 in Washington, DC, U.S.. Anna Moneymaker | Getty Images News | Getty Images U.S President Donald Trump’s “big, beautiful” tax bill was passed by the House of Representatives Thursday and is headed to […]
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Amazon shareholders reject proposal to split CEO and chair roles
Amazon CEO Andy Jassy speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon shareholders rejected a proposal to adopt a policy that would require the company’s CEO and board chair roles to remain separate. Vote totals disclosed in a filing Thursday show about 82% […]
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Anthropic launches Claude 4, its most powerful AI model yet
In this photo illustration, Claude AI logo is seen on a smartphone and Anthropic logo on a pc screen. (Photo Illustration by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Anthropic, the Amazon-backed OpenAI rival, on Thursday launched its most powerful group of artificial intelligence models yet: Claude 4. The […]
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Founders of Amazon’s PillPack launch health-care marketplace startup General Medicine
General Medicine founders TJ Parker, Ashwin Muralidharan and Elliot Cohen. General Medicine After selling online pharmacy PillPack to Amazon seven years ago, the founding team is launching a new company that aims to make the experience of getting medical care “as easy as shopping online.” PillPack founders TJ Parker and Elliot Cohen on Thursday launched a […]
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Nike to resume selling directly on Amazon for first time since 2019
Nike shoes are seen in the King of Prussia Mall, as global markets brace for a hit to trade and growth caused by U.S. President Donald Trump’s decision to impose import tariffs on dozens of countries, in King of Prussia, Pennsylvania, U.S., April 3, 2025. Rachel Wisniewski | Reuters Nike will resume selling its products […]
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Amazon CEO Andy Jassy says tariffs haven’t dented consumer spending
Andy Jassy, CEO of Amazon, speaks during an unveiling event in New York on Feb. 26, 2025. Michael Nagle | Bloomberg | Getty Images Amazon CEO Andy Jassy said Wednesday that the company hasn’t seen any signs of consumers tightening their wallets in the face of President Donald Trump’s sweeping tariffs. Jassy’s comments came during […]
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OpenAI is buying iPhone designer Jony Ive’s AI devices startup for $6.4 billion
OpenAI Chief Executive Officer Sam Altman appears on screen during a talk with Microsoft Chairman and Chief Executive Officer Satya Nadella at the Microsoft Build 2025, conference in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images OpenAI said on Wednesday that it’s buying Jony Ive’s AI devices startup io for […]
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Armenian organized crime rings charged with stealing $83 million in Amazon cargo
The Amazon Prime logo is displayed on Amazon delivery trucks in Richmond, California, June 21, 2023. Justin Sullivan | Getty Images Department of Justice officials on Tuesday charged members or associates of an Armenian organized crime ring with stealing more than $83 million worth of cargo from Amazon by posing as legitimate truck drivers and […]
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Fortnite approved by Apple, returns to U.S. App Store 5 years after removal
Thomas Fuller | SOPA Images | Lightrocket | Getty Images Apple approved the Epic Games title Fortnite on Tuesday, returning the first-person shooter game to the App Store in the U.S., five years after its removal. Fortnite was kicked off the App Store in 2020 after Epic updated its game over the web to take […]
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Judge calls out ‘Apple official who is personally responsible’ in Fortnite app order
This illustration picture shows a person waiting for an update of Epic Games’ Fortnite on their smartphone in Los Angeles on August 14, 2020. Chris Delmas | AFP | Getty Images Apple must work out its latest issues with Epic Games, or head back to court to prove it has a legal basis for delaying […]
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