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The Latest Breaking News from CNBC

Former Trump advisor Bannon to face fraud charges in New York

New York (AFP) - Donald Trump's former advisor Steve Bannon is due to appear in court Thursday to be charged with fraud in a case of alleged misappropriation of funds for the construction of a wall between the United States and Mexico, US media reported.

AFP

Stock Splits Led To Big Gains In Tesla And Apple, But Amazon Stock Has Underperformed: Will The E-Commerce Giant Try A Spinoff Next?

Stock splits have become increasingly popular among mega-cap companies with lofty share prices as splits often lead to increased attention and an appreciation in underlying stock prices, but Amazon.com Inc (NASDAQ: AMZN) has not seen said benefits since announcing a split in March.

Benzinga

Apple Is Running 'The Greatest Business In The History Of Planet Earth,' But Is Its Stock Overvalued?

Apple Inc (NASDAQ: AAPL) shares have held up well relative to the overall market in 2022.

Benzinga

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Lindsey Graham defends predicting riots over Trump: “What I tried to do was state the obvious”

“If it’s just about mishandling classified information, we’ve had a standard set when it came to Hillary Clinton.”

Axios

Top Financial Stories Friday, September 2: GM's Cruise Recalls Some Robotaxis Over Software Glitch, Chinese Tech Giant Suffers $43M Impairment Loss On Bitcoin and Ethereum Holdings And More..

Wall Street Journal

Benzinga

Fulton prosecutors to seek testimony of libel lawyer Lin Wood

ATLANTA — Fulton County prosecutors are planning to seek the testimony of conservative Atlanta attorney L. Lin Wood as a special grand jury continues its examination of whether former President Donald Trump and his allies broke any laws as they sought to overturn Georgia's 2020 elections.

Tribune News Service

Could The Rise Of Natural Gas Demand Lead To A Cease-Fire In Ukraine? Former Saudi Aramco Vice President Thinks So

Dr. Sadad Al Husseini, the former executive vice president of Saudi Aramco and founder of Husseini Energy, a Saudi Arabian energy company, was on CNBC Monday commenting about natural gas supply and demand and the effect of sanctions on Russia and the global economy.

Benzinga

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Benzinga Before The Bell: Meta Loses Key Metaverse Official, US Government To Cancel Free At-Home COVID Tests, Singapore Mulls Rules To Regulate Cryptocurrency Trading And Other Top Financial Stories Monday, August 29

CNBC No More Free COVID-19 At-Home Tests, Federal Government Says

Benzinga

Roman ruins reappear from river in drought-stricken Europe almost 2,000 years later

Dropping water levels revealed a massive complex of Roman ruins in Spain as Europe continues to struggle under a record-breaking drought.

Tribune News Service

Electronic Arts shares rise amid reports of Amazon buyout

Shares of video game publisher Electronic Arts Inc. jumped 8% in premarket trading on Friday after a report said Amazon.com Inc. will announce an offer for the “FIFA” and “Apex Legends” owner

The Hindu

Amazon Not Expected to Bid for Electronic Arts, Says CNBC

Amazon.com Inc is not expected to bid for Electronic Arts Inc, CNBC said on Friday, citing sources, quashing an earlier report that the online giant would make an offer today for the videogame publisher. EA shares jumped 15% in premarket trading after the report from USA Today on Amazon's takeover…

Asharq Al-Awsat

Benzinga Before The Bell: Elon Musk's Demand For Broad Twitter Data Dismissed, Xiaomi Wants To Join EV Race, Bed Bath & Beyond Plans To Share Turnaround Strategy Next Week And Other Top Financial Stories Friday, August 26

CNBC The Aviation Sector Is Slammed By Sky-High Rents

Benzinga

Billionaire Ron Baron Is 'Incredibly Bullish' On Tesla, SpaceX And This Apparel Company He Calls 'The Lululemon Of Healthcare'

There aren't many investors with a 20-year time horizon at the age of 79, but that's exactly how far billionaire investor Ron Baron is looking ahead, and it's safe to say he's optimistic about what's to come.

Benzinga

We Are Not In A Recession And Inflation Is The Reason Why, Says Nobel Prize-Winning Economist

Richard Thaler is the 2017 recipient of the Nobel Memorial Prize in Economic Sciences for his contributions to behavioral economics. Thaler researches decision-making psychology, which bridges the gap between economics and psychology, as well as behavioral finance and economics.

Benzinga

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Benzinga

Lending Stocks Continue Rally On Student Loan Relief Plan: SoFi CEO Highlights Opportunity Ahead

Lending stocks are getting a boost Thursday after President Joe Biden on Wednesday outlined plans to forgive a portion of federal student debt for qualified borrowers and announced the freeze on repayment will be extended one final time to the end of the year.

Mic

Marjorie Taylor Greene keeps getting swatted . . . sort of

She seems to think police politely knocking on her door is the same as the violent S.W.A.T. raids typically associated with the term.

InsideEVs

New Filings Reveal SEC Asked Twitter About Spam Accounts

It turns out Tesla's Elon Musk wasn't alone in wondering what was going on with Twitter's spam accounts, though the SEC filing doesn't mention a dispute.

Benzinga

Benzinga Before The Bell: Top Amazon Seller Succumbs To Economic Meltdown, Twitter To Tackle Toxic Content, Spam Bots, Bed Bath & Beyond Secures Loan Deal As It Tries To Stay Afloat And Other Top Financial Stories Wednesday, August 24

CNBC Top Amazon Seller Succumbs To Economic Meltdown

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news in one place.

100’s of premium titles.
One news app.

Benzinga

Former Trump Allies Are Now Backing Liz Cheney As She Eyes 2024 Run, Including Billionaire Charles Koch

Rep. Liz Cheney is quickly rising as former President Donald Trump’s biggest critic within the Republican Party.

Benzinga

Jim Chanos Is Up Big On His Coinbase Short, But He's Not Cashing Out: How Much The Short Seller Expects The Cryptocurrency Play To Be Worth By Year End

Kynikos Associates founder and legendary short seller Jim Chanos announced a short position in Coinbase Global Inc (NASDAQ: COIN) in March with the stock trading

Benzinga

Julian Robertson, Billionaire Hedge Fund Manager And Mentor, Has Died At 90

Influential billionaire investor Julian Robertson, who founded Tiger Management and mentored generations of hedge fund managers known as "Tiger Cubs," has died. He was 90.

InsideEVs

Videos Of Tesla Owners Using Children To Test FSD Removed From YouTube

The videos were uploaded by known Tesla fans and investors who wanted to see if their cars would detect kids and stop with Full Self-Driving engaged.

The Street

Canaccord Genuity’s Tony Dwyer 2022 Stock Market Prediction

So far in 2022, Tony Dwyer has accurately predicted: The early S&P downward price action AND the summer rally... What does he see next?

Benzinga

Thursday Night Football Has A New Home On Prime Video: Amazon, The NFL Ink $1B Deal

It’s almost time for the NFL’s regular season to start, which will bring back one of the nation’s favorite pastimes. The football season is broken up into 18 weeks that run from Thursday-Monday, and it all culminates in the largest event of the year, the Super Bowl.

Axios

Walmart is expanding abortion coverage for its employees in some cases

The move comes months after companies like Disney and Patagonia announced plans to boost support for abortion access.

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Marjorie Taylor Greene

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