business news
Elon Musk’s xAI faces threat of NAACP lawsuit over air pollution from Mississippi data center
Nikolas Kokovlis | Nurphoto | Getty Images Elon Musk’s xAI, which merged with SpaceX last week, is facing increased pressure from environmental and civil rights groups over pollution concerns, this time at the company’s facility in Southaven, Mississippi. On Friday, the Southern Environmental Law Center and Earthjustice, on behalf of the NAACP, sent a notice […]
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Anthropic got an 11% user boost from its OpenAI-bashing Super Bowl ad, data shows
The Seahawks may have won the Super Bowl, but Anthropic also walked away with bragging rights, according to data analyzed by BNP Paribas. The maker of the Claude chatbot saw visits to its site jump 6.5% following its Super Bowl advertisement that took a swing at rival OpenAI’s decision to bring ads to ChatGPT. The […]
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Trump says he will issue executive order to get voter ID requirements before midterms
US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Friday, Feb. 13, 2026. Samuel Corum | Sipa | Bloomberg | Getty Images President Donald Trump on Friday said he will “shortly” issue an executive order laying out […]
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Investor Matt Shumer says viral essay wasn’t meant to scare people
Investor Matt Shumer ignited a firestorm on social media this week with an essay that warned about the disruptive potential of AI. More than 80 million views later, he said it “wasn’t meant to scare people.” “I want to be very clear about this, the article wasn’t meant to scare people in this way,” Shumer […]
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Trump takes a beating from his own party amid Epstein files release and tariffs rebuke
US President Donald Trump speaks to the media as he walks to board Marine One prior to departure from the South Lawn of the White House in Washington, DC, on Feb. 13, 2026. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump’s iron grip on the Republican Party might be starting to loosen, just […]
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Josh Brown buys CBRE after AI disruption fears drive steep sell-off
Josh Brown, CEO of Ritholtz Wealth Management, told CNBC’s ” Halftime Report ” on Friday that he added to his CBRE position after the stock plunged on investor fears that artificial intelligence could weigh on office real estate demand. CBRE and a slate of office real estate stocks dropped this week after Elon Musk said […]
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Venezuela oil sales top $1 billion, funds won’t go to Qatar account anymore, Energy secretary says
Venezuela’s interim President Delcy Rodríguez and U.S. Energy Secretary Chris Wright speak with the media after attending a meeting, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades, as Washington conducts its first on-the-ground assessment of the oil industry it aims to help rebuild, in Caracas, Venezuela, […]
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Why Canada hopes China will boost its auto manufacturing industry
Canada’s decision to reduce barriers for Chinese electric vehicles is one piece of a larger pivot away from a reliance on the United States. The Canadian government is aiming to develop joint ventures with Chinese and Korean firms and trying to revive its manufacturing base with tax breaks as it faces a strained relationship with […]
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AI disruption could spark a ‘shock to the system’ in credit markets, UBS analyst says
Mesh Cube | Istock | Getty Images The stock market has been quick to punish software firms and other perceived losers from the artificial intelligence boom in recent weeks, but credit markets are likely to be the next place where AI disruption risk shows up, according to UBS analyst Matthew Mish. Tens of billions of […]
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We’re looking for things to buy, and may ‘nibble’ on this beaten down stock
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. Stocks are trying to stabilize on Friday after a brutal sell-off in the prior session that spared few corners of the market. Banks, office real estate, transportation and logistics […]
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