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The Latest Breaking News from CNBC

Ryan Reynolds says ‘emotional investment’ is the key to his business success

The actor recently revealed he had invested in Canadian fintech firm Nuvei.

Fortune

China's reopening sees Gen Z ready to splurge after lying flat: 'They don’t see life as a matter of ruthless survival'

A shift in attitudes towards work and personal comfort in China's younger generation may end up helping the country’s economy.

Fortune

Rockets owner Tilman Fertitta not advancing bid for NFL’s Commanders

Other bidders are reportedly offering near $6 billion for the NFL’s Washington Commanders, but #Rockets owner Tilman Fertitta says he isn’t willing to go to that number.

USA Today Sports Media Group

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Bitcoin Price Surges Above $30,500; But Warren Buffett Still Thinks It's A Gamble

Bitcoin surged Thursday to peak at $30,600 as it continues its massive 85% rally to start the year. But Warren Buffett still thinks it's a gamble.

Investors Business Daily

Warren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’

Buffett blamed failed-bank executives for causing instability in the financial sector Wednesday, but said with regulators’ backing, “banks can go bust” and “depositors aren’t going to be hurt.”

Fortune

Billionaire investor Barry Sternlicht says inflation is going to ‘drop hard’—just look at rents

Starwood Capital CEO Barry Sternlicht says that rents tell us inflation is about to plummet.

Fortune

Paris-Roubaix live stream 2023: how to watch the cycling race for free

2023 Paris-Roubaix live stream: how to watch the biggest one-day race of the season for free on TV and online, no matter where you are in the world.

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Friday’s Jobs Data Likely To Shift Market Odds For Fed’s Next Interest Rate Decision

Key jobs data is due Friday and recent numbers suggest the labor market may be starting to roll over

Zenger

Here’s Why Endeavour Silver (EXK) Has Been a Top Performer in the Past Month

A strong earnings performance and a classic silver shortage provide a compelling boost for Endeavour Silver and EXK stock.

Barchart

Laid off on leave: Yes, it's legal and it's hitting some workers hard

The wave of layoffs in tech, media and elsewhere is affecting a sizable number of people who are out on medical or parental leave. While legal, it can make a bad situation even worse.

WEKU

Google is slashing its employee benefits - even laptops and staplers

Instead of layoffs, Google is trying to save money elsewhere, but at the risk of worker satisfaction.

TechRadar

Starbucks fires worker who sparked union

The firing came just days after former CEO Howard Schultz appeared before a Senate committee to face questioning

Salon

Google’s belt-tightening is thinning out the company’s lavish perks

Google is tapping its hybrid work structure to cut expenses on employee services as it gears up for a larger efficiency push.

Fortune

OPEC+ pricing power is ‘higher than it’s ever been’ after oil cuts, Goldman Sachs says

Oil-producing allies approved another oil production cut that could deal damage to the West.

Fortune

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Sports Illustrated

Vince McMahon Has a Wild New Look, and People Have Thoughts

Fans react to his new jet-black hair and mustache.

WEKU

UFC and WWE will team up to form a $21.4 billion sports entertainment company

The new business will focus on growing media rights and sponsorship revenue, and will be lead by Endeavor CEO Ari Emanuel. Vince McMahon, executive chairman at WWE, will serve in the same role.

Fortune

Harvard economist Jason Furman says the Fed shouldn’t flinch in its inflation fight—unless the ‘turmoil spreads within the financial system’

We haven’t learned anything “particularly reassuring in the last three and a half weeks” about inflation even amid the banking crisis, Furman told CNBC.

The Independent UK

Marjorie Taylor Greene claims ‘Democrats want civil war’ as she attacks Stormy Daniels after Trump indictment

Georgia Republican claims Democrats ‘want to push us into reacting so they can use their weaponized government to lock us all up’

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Tribune News Service

Virgin Orbit ceases operations after failing to find funding

Virgin Orbit Holdings Inc., the satellite-launch company tied to British billionaire Richard Branson, is ceasing operations indefinitely, succumbing to growing cash-crunch pressures that have paralyzed startups in many emerging technologies.

Space

Virgin Orbit ceasing operations 'for the foreseeable future:' report

Virgin Orbit is ceasing operations "for the foreseeable future" and laying off about 90% of its workforce, according to CNBC.

Fortune

Stocks could surge 14% by the end of the year—oddly, with help from the bank crisis

The economy and inflation could slow without the need for many more interest rate hikes—and it would be good news for stocks.

Android Central

The moon may get its own 4G network later this year, thanks to Nokia

As cool as it sounds, we might see a stable 4G connection on the moon later this year.

TechRadar

The Moon is getting a 4G network, thanks to Nokia

Future astronauts will get to remotely play with rovers, in real-time, and beam the data back to Earth.

Tribune News Service

McCarthy to Biden on debt limit: ‘You are on the clock’

WASHINGTON — Speaker Kevin McCarthy on Tuesday wrote to President Joe Biden asking him to set a date for their next negotiating meeting on the debt limit by the end of the week.

Space

Virgin Orbit extends employee furlough after finance deal falls through: report

Talks with two separate buyers collapsed over the weekend as Virgin Orbit seeks more cash to continue launch operations, a media report suggests.

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Marjorie Taylor Greene

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