Sam Bankman-Fried will learn his sentence Thursday, four months after he was found guilty of orchestrating the multibillion-dollar fraud that prompted the collapse of the FTX cryptocurrency exchange. A federal jury in New York City…
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Business
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Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup…
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Business
Customers from the East Coast to the Midwest could see costly impact from Baltimore bridge collapse
Customers from the East Coast to the Midwest who were expecting goods shipped in via the Port of Baltimore could see significant cost increases as a result of Tuesday’s collapse of the Francis Scott Key…
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Donald Trump on Tuesday started promoting a line of pricey Bibles in a partnership with country music star Lee Greenwood, whose song “God Bless the U.S.A.” is omnipresent at the former president’s political rallies. “All Americans…
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Chick-fil-A says it will no longer adhere to its pledge of serving antibiotic-free chicken. In a statement released Monday, the fast-food company said that starting this spring it would serve chicken that was free only…
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Business
Home price growth is back at pre-pandemic levels. Here’s what that means for buyers and sellers.
The rate at which home prices grow is slowing down. U.S. home prices increased 0.6% from a month before in February, in line with the 0.6% average monthly gain in the roughly eight years leading up to the Covid-19…
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Three senior Boeing executives including its CEO are stepping down, the company said Monday, as the company continues to deal with an ongoing scandal and federal investigation into the safety of its passenger jets. CEO…
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The parent company of Chrysler and Dodge is recalling a total of 318,000 vehicles over air bag parts that can potentially shatter and cause injury. The parent, Stellantis, said in documents posted on the National…
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The process of buying a home has seemingly never been simpler: Find a property on a listings website like Zillow, Redfin or Trulia; reach out to the listing agent; tour the property; and make an…
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Business
Former Disney CEO Bob Chapek breaks silence, says there’s no strategic need for ESPN partners
In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN to add minority partners. “Strategically, I don’t really see a benefit in…