In this photo, a smartphone displays the logo of Donald Trump’s Truth Social app on March 25, 2024. Anna Barclay | Getty Images The share price of Trump Media soared by as much as 21% Thursday, before pulling back a bit in volatile trading. It was the second day in […]
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Airport chaos, sleeping in metro stations, no running water: Dubai’s flood mayhem continues
TOPSHOT – Cars are stranded on a flooded street in Dubai following heavy rains on April 18, 2024. Dubai’s giant highways were clogged by flooding and its major airport was in chaos as the Middle East financial centre remained gridlocked on April 18, a day after the heaviest rains on […]
Here’s why so many electric vehicle startups fail
As the electric vehicle industry faces a string of high-profile failures, several startups that have surfaced in recent years have underestimated their capital needs by billions of dollars, industry insiders said. Many of the companies that have tried to bring products to market or go public, especially through Special Purpose […]
Trump trial DA says ex-president violated gag order seven more times: Live updates
Former U.S. President Donald Trump sits in the courtroom during his trial over charges that he falsified business records to conceal money paid to silence porn star Stormy Daniels in 2016, in Manhattan state court in New York City, U.S. April 18, 2024. Brendan McDermid | Reuters This story is […]
March homes sales dropped despite a surge in supply. Here’s why.
Prospective buyers attend an open house at a home for sale in Larchmont, New York, US, on Sunday, Jan. 22, 2023. Tiffany Hagler-Geard | Bloomberg | Getty Images Sales of previously-owned homes dropped 4.3% in March compared with February, to a seasonally adjusted, annualized rate of 4.19 million units, according […]
AI startup Stability lays off 10% of staff after controversial CEO’s exit: Read the full memo
Emad Mostaque, founder and CEO of Stability AI, speaks during the Bloomberg Technology Summit in San Francisco, California, US, on Thursday, June 22, 2023. David Paul Morris | Bloomberg | Getty Images Beleaguered artificial intelligence startup Stability is laying off employees after the exit of its controversial former CEO Emad […]
Trump Media tells shareholders how to block their DJT stock being loaned to short sellers
Jonathan Raa | Nurphoto | Getty Images Trump Media is making a point of telling its shareholders how to prevent their stock from being loaned to short sellers — who bet the price of the shares will drop. The short-selling-prevention tips posted Wednesday on Trump Media’s website come as its […]
Google terminates 28 employees after multicity protests: Read the full memo
Google terminated 28 employees Wednesday, according to an internal memo viewed by CNBC, after a series of protests against labor conditions and the company’s contract to provide the Israeli government and military with cloud computing and artificial intelligence services. The news comes one day after nine Google workers were arrested […]
Skytrax names the best airports of 2024 — and Singapore’s Changi is no longer No. 1
Singapore’s Changi Airport has lost its pole position as the world’s best airport to Doha’s Hamad International Airport, according to air transport rating firm Skytrax. This is the third time Hamad International Airport clinched the top spot, after winning the title in 2021 and 2022. Travelers of more than 100 […]
Trump hush money trial jury selection continues after judge seats seven jurors: Live updates
Former U.S. President Donald Trump arrives at Manhattan criminal court with his legal team ahead of the start of jury selection in New York, NY, U.S on Monday, April 15, 2024. Jabin Botsford | Via Reuters Lawyers in the New York hush money trial of Donald Trump are set to […]