Business
Visa says new AI shopping tool has helped customers with hundreds of transactions
Mustafa Hatipoglu | Anadolu | Getty Images Visa said on Thursday that it successfully completed hundreds of AI transactions as part of a pilot program that kicked off after the company’s product event in April. The credit card issuer and rivals across the fintech industry are racing to build tools that allow consumers to task […]
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From Starbucks to Burger King: Western food giants are selling large stakes to Chinese private equity funds
Starbucks and Burger King are betting big on a partnership model that’s gaining traction in China: selling majority stakes to local private equity firms as the battle for market share rages on. Foreign food-and-beverage chains once thrived in China without adapting much — premium Western products practically sold themselves. Today, decisions made from distant headquarters […]
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U.S. admits liability in Army helicopter collision with American Airlines jet that killed 67 people
(EDITORS NOTE: Image contains graphic content) In this U.S. Coast Guard handout, the Coast Guard investigates aircraft wreckage on the Potomac River on Jan. 30, 2025 in Washington, DC. Handout | Getty Images News | Getty Images The United States admitted liability in the deadly collision between an Army Black Hawk helicopter and an arriving […]
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As WNBA labor deadline nears, players union is ‘frustrated’ by lack of progress
The WNBA Players Association executive director told CNBC she remains “frustrated” by the lack of progress toward a new collective bargaining agreement as the league’s new deadline to reach a deal approaches. “We’re a little frustrated with where we are right now, but we are holding to our principles,” Terri Jackson, executive director of the […]
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Micron forecasts surging revenue as computer memory demand for AI remains high
The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron Technology reported fiscal first-quarter results on Wednesday that beat Wall Street expectations for sales and earnings per share, and provided a strong forecast for the current quarter. Micron shares rose 5% in […]
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Delta president Glen Hauenstein, who helped turn airline into industry profit leader, to retire in February
Glen Hauenstein, president of Delta Air Lines Inc., left, and Ed Bastian, chief executive officer of Delta Air Lines Inc., right, ring the opening bell on the floor of the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Nov. 12, 2025. Michael Nagle | Bloomberg | Getty Images Delta Air Lines President […]
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FCC chief Brendan Carr tells Senate that his agency is ‘not formally … independent’
Federal Communications Commission Chairman Brendan Carr told a Senate committee on Wednesday that his agency is “not formally … independent.” Shortly after Carr made that statement, the FCC apparently removed the word “independent” in a description of the agency’s work on its website. Carr’s appearance before the Senate Commerce, Science and Transportation Committee was his first […]
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Prediction markets could hit a trillion dollars in trading volume by the end of this decade, new report says
Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025. Kevin Stankiewicz | CNBC Prediction markets could reach a trillion dollars in annual trading volume by the end of this decade, according to a new report from Eilers & Krejcik, a research firm that specializes in sports and interactive gaming sectors. “Numerous factors, […]
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The Oscars are heading to YouTube in 2029
An Oscar statue is pictured at the red carpet of the 97th Annual Academy Awards at the Dolby Theatre in Hollywood, California on February 28, 2025. Angela Weiss | Afp | Getty Images The 101st Academy Awards will be hosted on YouTube. The Academy of Motion Picture Arts and Sciences announced Wednesday it’s signed a […]
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Trump vowed to block tankers carrying Venezuela’s oil — nearly a dozen are at sea right now
A U.S. military helicopter flies near an oil tanker during a raid described by U.S. Attorney General Pam Bondi as its seizure by the United States off the coast of Venezuela, Dec. 10, 2025, in a still image from video. U.S. Attorney General | Via Reuters At least 34 U.S.-sanctioned oil tankers with a history […]
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