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The Latest Breaking News from CNBC

How Elon Musk lost a friend over AI: Google co-founder Larry Page just 'refused to hang out' after the Tesla CEO stole his top worker

After Musk tried to sabotage Google’s acquisition of DeepMind, he poached one of Page’s most valuable scientists to OpenAI with a $1.9 million salary.

Fortune

Jim Cramer says this tech stock’s sell-off is an 'overreaction'

Cramer sees a buying opportunity in this business software firm after a mixed earnings report

The Street

‘We're in the first inning of the commercial real estate correction,’ billionaire real estate investor Jeff Greene says

Real estate tycoon Jeff Greene, who bet against the mid-2000s housing bubble and netted about $800 million, says the CRE correction has only just begun.

Fortune

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Apple needs to bring the iPhone buzz back

Apple is expected to unveil several models of the iPhone 15, including two high-end iPhone Pros.

Fortune

Sitting on cash? High interest rates could make this a solid investing strategy

'It's not all bad to be sitting on some cash,' investment expert Heather Ettinger says of the current market.

The Street

Here’s How Much Money People Need Just To ‘Get By’ In Each US State Via Salary

The salary required to "get by" is vastly different depending on which state the people live in.

Zenger

Gen Z is dragging their feet going back to offices they've barely known, but (retired) Boomers can't wait

Fidelity & Guaranty looked into retirees’ mindset and found a whopping 44% of them want to go back to work.

Fortune

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Trump overstated net worth by up to $3.6bn, says New York attorney general

Ex-president’s net worth was exaggerated by between $1.9bn and $3.6bn between 2011 and 2021, court filing says

The Guardian - US

Retail theft has gotten so bad Walmart will build a police station inside an Atlanta store

Crime is a $100 billion annual problem for retailers, with companies like Walmart warning it could lead to store closures if nothing is done.

Fortune

Disney boss Bob Iger refused to relinquish his office to successor as it had shower, claims report

Bob Iger told Bob Chapek that he lived for ‘two-shower days’

The Independent UK

UAW President Slams Ford, GM, Stellantis For Delay Tactics In Contract Talks, Raises Political Implications: ‘Our Members Are Fired Up’

The United Auto Workers (UAW) is currently engaged in high-stakes contract negotiations with Detroit’s major automakers, Ford Motor Co (NYSE:F) and Stellantis (NYSE:STLA)

Zenger

Tom Brady has some more advice for Shedeur Sanders

Brady texted the team's star quarterback after the Buffaloes upset TCU in the teams' season opener.

The Street

Polestar Is Making a Phone To Prove Its EVs Are Computers Too

The Swedish EV company will partner with the Chinese phone maker, Meizu, to release a smartphone alongside its Polestar 4 electric SUV in December.

Inverse

Biden economic adviser says Bidenomics is working (but here's what isn't)

"It's not working — your message," CNBC host Joe Kernen said on Tuesday morning.

The Street

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The Street

Tesla rival Mercedes reveals bold long-range electric vehicle challenge

The European carmaker revealed a look at a close-to-production EV model family.

Fortune

Jeff Bezos’s rivalry with Elon Musk has landed him with a lawsuit

The filing alleges Amazon's leadership “excluded the most obvious and affordable launch provider, SpaceX, from its procurement process because of Bezos’ personal rivalry with Musk."

The Guardian - US

‘I wouldn’t give him a nickel’: one-time Giuliani donors rule out legal aid

Billionaire Leon Cooperman, who backed Giuliani’s 2008 White House bid, says he won’t help with legal fees – and he’s not alone

Fortune

New CNN CEO Mark Thompson once rescued the New York Times from the end of newspapers. Can he do the same with CNN as cable TV dies?

After a tumultuous past few years, CNN has tapped Thompson's proven ability to turn around news organizations.

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news in one place.

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The Street

Salesforce earnings will miss big AI bump, but there will be other things to love

Salesforce is scheduled to report earnings after the closing bell Wednesday.

TechRadar

Amazon raises free shipping minimum in boost for ecommerce firms

Some non-Prime customers are having to buy $10 more items in order to get free Amazon delivery.

Fortune

Microsoft president warns A.I. could be weaponized unless there’s human intervention

Microsoft is a heavy investor in A.I., having poured $10 billion into OpenAI earlier this year.

Fortune

ETF that followed Jim Cramer's investment advice is liquidating

With Cramer and CNBC refusing to dialogue with the fund's creators, "there is no reason" to keep it going, creator Matthew Tuttle said. But you can still bet against Cramer's picks with a different fund.

The Street

One state is battling massive retail threat the right way, while another fails

Matt Shay of the National Retail Federation called out to municipalities for the work they are doing to mitigate an issue that's hurting retailers' bottom lines.

Multichannel News

Rugby World Cup on Peacock, CNBC, NBC Starting in September

Action starts September 8 with host France against New Zealand’s mighty All Blacks

Fortune

Malaysia was so eager to get Musk to invest, it waived its decades-old policies for Tesla

Tesla is allowed to sell cars in Malaysia without needing to comply with local rules on Malay ownership.

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