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business news

Britain’s $4.5 billion digital bank Monzo debuts investments feature

by Claribel Alegria
Britain’s .5 billion digital bank Monzo debuts investments feature

Monzo, the $4.5 billion digital challenger bank, launched a feature that lets users make investments —marking its first foray into the massive financial investment market. The feature, called Investments, will …

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AI play in focus after huge Nvidia rally

by Betti Alver
AI play in focus after huge Nvidia rally

In this photo illustration, Nvidia logo is seen displayed on a smartphone screen in front of ARM logo. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Arm is …

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Elon Musk’s hyperloop tech continues to be built as initial hype fades

by Betti Alver
Elon Musk’s hyperloop tech continues to be built as initial hype fades

The Hyperloop test track tube with its transport cabin is open for viewing before the opening begins. The new Hyperloop test track at the Technical University of Munich (TUM) includes …

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MGM Resorts cybersecurity incident forces system outage

by Claribel Alegria
MGM Resorts cybersecurity incident forces system outage

People walk in front of the MGM Resorts International Bellagio Resort & Casino in Las Vegas, Nevada, on Tuesday, March 17, 2020. Joe Buglewicz | Bloomberg via Getty Images Casino …

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Disney, Charter showdown did not transform TV

by Adam Aitken
Disney, Charter showdown did not transform TV

Devin Singletary #26 of the Buffalo Bills runs the ball against the New York Jets at Highmark Stadium on December 11, 2022 in Orchard Park, New York. Timothy T Ludwig …

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GlobalFoundries Singapore expansion

by Betti Alver
GlobalFoundries Singapore expansion

A robotic arm moves 300 mm silicon semiconductor wafers inside a sorting machine in a cleanroom at a Globalfoundries Inc. semiconductor fabrication plant. Liesa Johannssen | Bloomberg | Getty Images …

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Steve Forbes says the Fed’s not going to cut rates soon

by Betti Alver
Steve Forbes says the Fed’s not going to cut rates soon

Steve Forbes doesn’t expect the Federal Reserve to raise rates in upcoming meetings, but the Forbes Media chairman doesn’t see cuts in the near term either. “I think the Federal …

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Sundar Pichai says Google and Nvidia will still be working together 10 years from now

by Claribel Alegria
Sundar Pichai says Google and Nvidia will still be working together 10 years from now

Sundar Pichai, chief executive officer of Alphabet Inc. Kyle Grillot | Bloomberg | Getty Images Sundar Pichai said Google‘s longstanding relationship with chipmaker Nvidia isn’t going to change any time …

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Instacart clarifies its Snowflake payments in updated IPO prospectus

by Claribel Alegria
Instacart clarifies its Snowflake payments in updated IPO prospectus

Frank Slootman, CEO of Snowflake, on the day of its 2020 IPO, Sept. 16th, 2020. CNBC Instacart filed an updated IPO prospectus Monday and clarified how its contract works with …

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McDonald’s to start focus groups with owners as part of civil rights audit

by Adam Aitken
McDonald’s to start focus groups with owners as part of civil rights audit

A McDonald’s restaurant near Times Square, NYC on July 29th, 2023.  Adam Jeffery | CNBC McDonald’s will begin virtual focus groups with some owners and operators as a part of …

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