The U.K. has new powers vs. tech giants. It’s probing Apple and Google.
The U.K. competition regulator on Thursday said it’s using new powers to investigate Apple and Google’s mobile ecosystems.
Jamie Dimon on Trump’s tariffs: ‘Get over it’
JPMorgan Chase CEO Jamie Dimon said Wednesday that the looming tariffs that President Donald Trump is expected to slap on U.S. trading partners could be viewed positively. Despite fears that the duties could spark a global trade war and reignite inflation domestically, the head of the largest U.S. bank by assets said they could protect […]
Elon Musk has his doubts about Stargate. Here’s why he may be right.
Elon Musk is skeptical about Stargate, the AI joint venture that includes OpenAI, and in a rare occurrence, he may be right.
CNN to lay off hundreds of employees post-inauguration, sources say
The stage is set for the first 2024 presidential debate between U.S. President Joe Biden and former U.S. President Donald Trump, in Atlanta on June 26, 2024. John Nowak | CNN | Via Reuters Warner Bros. Discovery’s CNN plans to lay off hundreds of employees Thursday as it refocuses the business around a global digital […]
Netflix keeps defying the doubters. One now thinks the stock could soar 56%.
How long can Netflix’s stock stay hot? With sports and advertising both cooking, one formerly neutral analyst now sees recent business momentum continuing for years.
Eric Schmidt’s family office invests AI startups
A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Eric Schmidt, the billionaire former CEO of Google , has become known as “the AI whisperer” for his widespread predictions and […]
Family offices assistants earn as much as $190,000 a year
Martin-dm | E+ | Getty Images Good help is hard to find. Family offices, the private investment firms of the ultra-wealthy, are increasingly willing to pay extra for it. The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff. While compensation […]
When the ‘smartest’ minds on Wall Street pick their top investments, run the other way
Our author’s annual “Pariah Capital” picks beat the world’s top money managers (again).
Stellantis chairman details U.S. investments for Jeep, Ram to Trump
Stellantis Chairman John Elkann speaks during the presentation of the new Fiat Panda as Fiat celebrates the 125th anniversary of its brand in Turin, Italy, July 11, 2024. Massimo Pinca | Reuters DETROIT — Stellantis Chairman John Elkann detailed several upcoming plans the Transatlantic automaker has for U.S. investments when meeting with President Donald Trump […]
Is this marriage for love — or money? ‘I always recommend a prenup.’
Should you remarry despite red flags? Don’t expect your financial adviser to stop you.
