FTX creditor says real recovery could be as low as 9% amid inflated crypto prices
FTX creditors may get only a fraction of their expected payouts once adjusted for Bitcoin, Ether and Solana’s current prices,…
Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion
Berkshire's operating profit generated from the conglomerate's wholly owned businesses including insurance and railroads jumped 34% in the third quarter. ...
Evolve Bank CEO fired after propositioning FBI agent who pretended to be a teen boy
In August, Evolve hired Hartheimer, who brought experience in financial regulatory matters, to help the bank recover from the collapse…
Global week ahead: Is Novo Nordisk past ‘peak uncertainty’?
CNBC's Charlotte Reed will travel to Copenhagen to speak with Novo Nordisk's new CEO after a bumpy few months. ...
Microsoft plans to hire more but with ‘a lot more leverage’ thanks to AI, CEO Satya Nadella says
The company wants to ensure that all of its employees can access its Microsoft 365 and GitHub Copilot artificial intelligence…
While AI spending is top of mind, online ads are driving a lot of Big Tech’s growth
Meta, Amazon, Alphabet and Microsoft reported quarterly earnings that showed rising digital ad sales and increased AI infrastructure spending. ...
Mike Tyson hopes new business venture could help SNAP enrollees during government shutdown
Mike Tyson said his new business venture, ChaChing’s Price Fighter, could support the 42 million Americans whose SNAP benefits will…
LARRY KUDLOW: Impound, don’t go nuclear
President Trump should use his impoundment authority to cut out nonessential government workers ...
Amazon stock hits record, lights up ETFs
Amazon's cloud business knocked it out of the park and CEO Andy Jassy hinted that the unit is gaining momentum…