The global trade system has already started planning for potential Trump win, new China tariffs (www.cnbc.com)
Unity shares sink on weak guidance (www.cnbc.com)
Gilead’s twice-yearly shot to prevent HIV succeeds in late-stage trial, found 100% effective (www.cnbc.com)
International Criminal Court prosecutor seeks arrest warrants for Israel's Netanyahu, Hamas leaders (www.cnbc.com)
Trump Media sued by co-founders ahead of DWAC merger, potential setback for lucrative deal (www.cnbc.com)
Former President Donald Trump was accused in a lawsuit of trying to “drastically dilute” the value of stock shares in his social media company.
Sony to lay off 900 workers from PlayStation division, or 8% of unit's global workforce (www.cnbc.com)
RNC Chair Ronna McDaniel announces her resignation (www.cnbc.com)
Ronna McDaniel said Monday that she will step down next month as chairwoman of the Republican National Committee following former President Donald Trump’s endorsement of a new slate of leaders to direct the party.
China’s biggest chipmaker SMIC warns of ‘fierce’ competition as it misses quarterly profit expectations (www.cnbc.com)
SMIC, China’s biggest contract chip manufacturer, is seen as critical to Beijing’s ambitions of cutting foreign reliance in its domestic semiconductor industry as the U.S. continues to curb China’s tech power. SMIC lags behind Taiwan’s TSMC and South Korea’s Samsung Electronics, according to analysts....
Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025 (www.cnbc.com)
Senior U.S. diplomat links AUKUS submarine pact to Taiwan (www.cnbc.com)
The State Department’s No. 2 diplomat suggested on Wednesday that the AUKUS submarine project between Australia, Britain and the U.S. could help deter any Chinese move against Taiwan....
U.S. eyes change to military command in Japan as China threat looms: Reuters (www.cnbc.com)
U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida will agree next month to tighter military cooperation, including talks on the biggest potential change to Washington’s East Asia command structure in decades, two sources said....
Trump-allied election groups burned through millions with no evidence of widespread fraud (www.cnbc.com)
Another problem that doomed some of the groups was their failure to secure any fundraising help from Trump, the de facto leader of the Republican Party, who remains the chief promoter of false claims of widespread voter fraud in the United States.
Death of shipping CEO Angela Chao under 'criminal investigation,' Texas sheriff says (www.cnbc.com)
McConnell’s sister in law
'It is urgent': European leaders appeal for greater support for Ukraine as Russia makes major gain (www.cnbc.com)
The West is suffering a “colossal failure of imagination” in thinking Russia’s war in Ukraine will not hit them next, defense policymakers heard at Munich Security Conference....
Sony is making a bold bet on an African gaming startup to boost PlayStation’s reach in the continent (www.cnbc.com)
Europe gives TikTok CEO 24 hours to respond about Israel-Hamas war misinformation (www.cnbc.com)
European regulator Thierry Breton shared a stern letter to TikTok CEO Shou Zi Chew on Thursday, claiming his office has “indications” that the platform is being used to distribute disinformation and illegal content around the ongoing Israel-Hamas war....
Worst States To Live & Work In. All 10 Are Republican States (www.cnbc.com)
Twitter traffic is 'tanking' as Meta's Threads hits 100 million users (www.cnbc.com)
Meta’s new text-based social app Threads has quickly gained 100 million users since launching last week, which appears to be negatively impacting traffic on Twitter. According to web analytics, Twitter traffic declined 5-11% over the first two days Threads was available compared to the previous week. Threads was able to grow...