A farmers holds cocoa beans while he is drying them at a village in Sinfra, Ivory Coast, on April 29, 2023. Luc Gnago | Reuters Consumers could start to see the effect of surging cocoa prices as the world faces the worst supply deficit in decades, with farmers in West […]
CNBC News
SEC settles insider trading charges against Andy Bechtolsheim, co-founder of Arista, Sun Microsystems
Andreas “Andy” Von Bechtolsheim, co-founder of Arista Networks Inc., speaks during a Bloomberg West television interview in San Francisco, California, U.S., on Thursday, May 2, 2013. David Paul Morris | Bloomberg | Getty Images Andy Bechtolsheim, the co-founder of Sun Microsystems and Arista Networks, has reached a settlement with the […]
Logistics companies scramble after bridge collapse closes Port of Baltimore until further notice
The steel frame of the Francis Scott Key Bridge sits on top of the container ship Dali after the bridge collapsed, Baltimore, Maryland, on March 26, 2024. Roberto Schmidt | Afp | Getty Images Logistics companies up and down the East Coast were urgently relaying messages back and forth to […]
Apple announces its big annual conference, where it could reveal its AI strategy
The Worldwide Developers Conference stage. CNBC/Kif Leswing Apple on Tuesday announced that its annual developers conference, WWDC, will take place June 10 through June 14. The conference will be livestreamed on Apple’s website, although the company is inviting some software makers to its campus on the first day to “celebrate […]
Hyundai’s Genesis reveals all-electric SUV concept, the Neolun
Genesis Neolun Concept Genesis NEW YORK – Hyundai’s Genesis is previewing the future of the growingly prominent luxury brand with a new large all-electric concept vehicle called the Neolun. The full-size SUV features a sleek exterior design illuminated by long horizontal headlights and taillights reminiscent of the brand’s current EVs, […]
Major Baltimore bridge collapses after container ship collision, 6 people missing
A major Baltimore bridge collapsed early Tuesday after it was hit by a large container ship. Six people were missing after the collision at the Francis Scott Key Bridge, according to Paul Wiedefeld, Maryland’s transportation secretary. Two people were rescued, with one transported to a trauma center in serious condition. […]
Canada Goose to cut 17% of its corporate workforce, following string of retail layoffs
Canada Goose parkas hang on display at a store in Richmond Hill, Ontario. Chris So | Toronto Star | Getty Images Canada Goose said Tuesday that it will cut about 17% of its corporate workforce, following a string of other retailers that have laid off employees this year as consumers […]
Trump Media stock jumps as much as 50% after DJT ticker debut
In this photo illustration a smartphone screen displays the logo of Donald Trump’s Truth Social app March 25 2024 in Bath, England. Anna Barclay | Getty Images The share price of Donald Trump‘s social media company jumped by more than 50% minutes after it began public trading under the ticker […]
Major bridge in Baltimore collapses after being struck by ship, 6 people unaccounted for
Baltimore’s Francis Scott Key Bridge collapsed after a container ship hit it early Tuesday. Six people who may have fallen into the water after the crash are missing, according to Paul Wiedefeld, Maryland’s transportation secretary. Two people were rescued, with one transported to a trauma center in serious condition. The […]
‘We need someone to fix Boeing.’ Here’s who could replace Calhoun as the troubled plane maker’s CEO
An aerial photo shows Boeing 737 Max airplanes parked on the tarmac at the Boeing Factory in Renton, Washington, on March 21, 2019. Lindsey Wasson | Reuters Help wanted at Boeing. CEO Dave Calhoun on Monday announced he is stepping down from the aerospace giant’s top post at year’s end […]