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business news

Walter Isaacson biography of Elon Musk excerpt

by Claribel Alegria
Walter Isaacson biography of Elon Musk excerpt

The following is adapted from Walter Isaacson’s biography “Elon Musk,” publishing Sept. 12. On a Friday in late August of this year, Elon Musk got into his Model S at …

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Meta’s VR technology is helping to train surgeons and treat patients

by Betti Alver
Meta’s VR technology is helping to train surgeons and treat patients

Meta CEO Mark Zuckerberg demonstrates an Oculus Rift virtual reality (VR) headset and Oculus Touch controllers during the Oculus Connect 3 event in San Jose, California, U.S., on Thursday, Oct. …

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Christie lets Fed off the hook for inflation, blames Trump and Biden

by Peter Abrahams
Christie lets Fed off the hook for inflation, blames Trump and Biden

Americans dogged by persistently high prices are finally getting signs of relief as inflation has slowly but steadily cooled over the past year — but that’s no thanks to President …

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BMW to use Amazon cloud to build its driverless features for new EVs

by Francesco Algarotti
BMW to use Amazon cloud to build its driverless features for new EVs

BMW revealed the BMW Vision Neue Klasse, a concept electric vehicle that will underpin its foray into battery-powered cars. Arjun Kharpal | CNBC MUNICH — BMW will build its semi-autonomous …

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G20 welcomes African Union as permanent member at Delhi summit

by Betti Alver
G20 welcomes African Union as permanent member at Delhi summit

India’s Prime Minister Narendra Modi addresses the G20 Leaders’ Summit at the Bharat Mandapam in New Delhi on September 9, 2023. Ludovic Marin | Afp | Getty Images NEW DELHI …

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Trump bid to delay New York fraud trial ‘without merit,’ judge says

by Peter Abrahams
Trump bid to delay New York fraud trial ‘without merit,’ judge says

Former U.S. President and Republican presidential candidate Donald Trump looks on as he attends the ALGOP Summer Meeting in Montgomery, Alabama, Aug. 4, 2023. Cheney Orr | Reuters A New …

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Here’s how a union strike could impact Ford and what Cramer thinks

by Francesco Algarotti
Here’s how a union strike could impact Ford and what Cramer thinks

High-stakes negotiations between the United Auto Workers and Detroit automakers could lead to a strike later this month, putting added pressure on already beaten-down shares of Ford Motor (F). The …

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Asian Development Bank says the world faces ‘immense’ funding challenges

by Betti Alver
Asian Development Bank says the world faces ‘immense’ funding challenges

Asia and the rest of the world face “immense” challenges, and the Asian Development Bank must work with others to address those issues, its director general told CNBC on Friday. …

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TurboTax maker Intuit deceived users with ‘free’ tax offers

by Peter Abrahams
TurboTax maker Intuit deceived users with ‘free’ tax offers

Kimberly White | Getty Images Entertainment | Getty Images WASHINGTON — A Federal Trade Commission judge on Friday issued an initial ruling against Intuit, the maker of the popular tax …

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Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says

by Lotfi Akalay
Germany is the ‘sick man of Europe’ — and it’s causing a shift to the right, top economist says

Germany is once again the “sick man of Europe,” according to Hans-Werner Sinn, president emeritus at the Ifo institute, and the challenges that poses, particularly in terms of the country’s …

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