Breaking News: Business
OpenAI’s Sora 2 must stop allowing copyright infringement, Motion Picture Association says
Cfoto | Future Publishing | Getty Images The Motion Picture Association on Monday urged OpenAI to “take immediate and decisive action” against its new video creation model Sora 2, which is being used to produce content that it says is infringing on copyrighted media. Following the Sora app’s rollout last week, users have been swarming […]
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September, typical boom month for shipping, looks more like freight recession this year
Lorado | E+ | Getty Images September, a key month for shipping ahead of the holiday season, is usually a boom one inside the freight business and supply chain, with products moving from warehouses to stores or consumers. Not this year. The latest Logistics Managers’ Index, which tracks inventory levels, warehouse costs, transportation capacity, and […]
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Ray Dalio says today is like the early 1970s and investors should hold more gold than usual
Key Points Ray Dalio, founder of one of the world’s largest hedge funds, believes investors should allocate as much as 15% of their portfolios to gold. The precious metal surged to an all-time high above $4,000 an ounce on Tuesday. Dalio said gold stands apart as a hedge in times of monetary debasement and geopolitical […]
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Gold prices keep rising, and jewelry companies are sounding the alarm
Gold prices held steady on Thursday, hovering near the record high hit the day before, helped by expectations of further U.S. rate cuts and political uncertainty. David Gray | Afp | Getty Images Amid global economic turbulence, the prices of precious metals have been climbing higher and higher. The price of gold in particular has […]
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Investors are making up the highest share of homebuyers in 5 years
A sold sign is posted in front of a home for sale on Aug. 27, 2025 in San Francisco, California. Justin Sullivan | Getty Images A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals […]
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Inside Rivian’s design factory and the story behind those distinct headlights
Rivian made a name for itself when it unveiled one of the first electric pickup trucks, the R1T, in 2018. It followed that up with an SUV built off the same platform, the R1S, and has since built a passionate fan base around a brand that celebrates adventure and the outdoors. Now it’s preparing for […]
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Constellation Brands reiterates lower full-year guidance
Modelo beer is displayed on a shelf at a Safeway store on Oct. 6, 2025 in San Anselmo, California. Justin Sullivan | Getty Images Modelo owner Constellation Brands beat on the top and bottom lines in its fiscal second-quarter earnings report on Monday and reiterated its lowered full-year guidance due to macroeconomic headwinds. Shares of […]
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The 2025 box office is headed for its best post-Covid haul as winter releases heat up
“Zootopia 2”, “Wicked: For Good”, and “Avatar: Fire and Ash.” Courtesy: Disney Enterprises, Inc. | Universal Pictures The box office is about to heat up. After a sizzling summer of action-packed blockbuster fare, theatrical momentum stalled in the fall. But, the winter slate is poised to deliver a consistent spark of ticket sales, pushing the […]
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Firefly Aerospace surges 7% after buying defense tech firm for $855 million
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company’s initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty Images Firefly Aerospace stock climbed 7% Monday, after the space company said it’s buying defense technology contractor SciTec for $855 million […]
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Paramount Skydance to acquire Bari Weiss-founded Free Press
CBS News studio at Times Square in Manhattan, New York, United States of America, on July 6th, 2024. Beata Zawrzel | Nurphoto | Getty Images Paramount Skydance said Monday it has agreed to acquire online publication The Free Press, naming its co-founder and CEO, Bari Weiss, as CBS News’ editor-in-chief. The digital upstart publication, which […]
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