Construction workers erect a building in downtown Miami, Florida, on June 14, 2023. Jim Watson | AFP | Getty Images At Ample’s manufacturing facilities in the Bay Area, employees work on the floor alongside robots, making battery packs and other parts for its EV battery swapping technology. The job is […]
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‘Sorry I am dead’: Why a ‘death note’ is as important as having a will, advisor says
Kathrin Ziegler | Digitalvision | Getty Images “Sorry I am dead.” This is how Doug Boneparth, a certified financial planner, starts what he calls a “death note” to his wife, Heather. Such a document, he says, is distinct from other estate planning cornerstones like drafting a will, which lays out […]
Fourth-quarter earnings are shaping up to be the best of 2023, but there’s a catch
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024. Brendan McDermid | Reuters Here’s how big of a surprise corporate profits have been this earnings season: the fourth-quarter is now shaping up to be the best of 2023. Despite […]
NFL reminds teams they can’t bet on sports during Super Bowl week in Las Vegas
Nick Laham | Getty Images The National Football League is holding the Super Bowl in the gambling capital of the U.S. for the first time, but Commissioner Roger Goodell is reminding team personnel they are not allowed to take part in the action. Goodell sent out a memo Thursday ahead […]
Superdry shares soar more than 100% as company considers going private
Tristan Fewings/Getty Images LONDON — Superdry shares soared more than 100% on Friday, as the embattled British fashion retailer confirmed that co-founder and CEO Julian Dunkerton is considering taking it private. The stock peaked at 48.55 pence (62 cents) per share shortly before 11 a.m. London time and was last […]
Apple’s sales plunged in China — these are the iPhone giant’s 5 biggest problems right now
Apple CEO Tim Cook listens during a program at the Asia-Pacific Economic Cooperation Leaders’ Week at Apple Park in San Francisco on Nov. 17, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Apple is facing renewed challenges in China, one of its most critical markets. The iPhone giant’s sales in […]
AI lobbying spikes 185% as calls for regulation surge
Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls […]
Meta shares surge 20% on soaring profit, better-than-expected guidance and first-ever dividend
Meta shares jumped more than 20% on Friday and headed for their third-best day ever after the company reported a tripling in fourth-quarter profit and issued its first-ever dividend. Revenue rose 25% in the fourth quarter for Meta to $40.1 billion from $32.2 billion a year earlier. That’s the fastest […]
Climate activist Greta Thunberg cleared of public order offense during London oil protest
Environmental activist Greta Thunberg leaves Westminster Magistrates’ Court in London, England, on Feb. 1, 2024. Leon Neal | Getty Images News | Getty Images LONDON — Swedish climate activist Greta Thunberg on Friday was cleared of a public order offense over a protest at an oil and gas conference in […]
Apple’s Vision Pro virtual reality headset launches in U.S.
The first customer walks out of the Apple Store with his purchase of the Vision Pro headset in New York on February 2, 2024. Angela Weiss | Afp | Getty Images Apple‘s Vision Pro virtual reality headset officially launched in the U.S. on Friday. Customers who preordered the headset will […]