Takeshi Ebisawa, a leader of the Japanese organized crime syndicate yakuza, in an undated photo. Ebisawa pleaded guilty on Jan. 8, 2025, in New York federal court to charges of trafficking nuclear materials and conspiracy to traffic narcotics and heavy weapons. NBC News A leader of the Japanese organized crime syndicate yakuza pleaded guilty in…
A view of Damac logo in Dubai city center. February 10, 2018, Dubai, United Arab Emirates. Artur Widak | NurPhoto via Getty Images DUBAI, United Arab Emirates — The sky’s the limit when it comes to Dubai property giant Damac’s investment in the United States, the company’s chairman told CNBC on Thursday. Two days prior,…
A machete and three knives that U.S. Capitol Police say were confiscated from a man who was arrested at a Capitol screening checkpoint as former President Jimmy Carter lay in state in the Capitol Rotunda, Jan. 8, 2025. Source: The United States Capitol Police Police arrested a man trying to enter the U.S. Capitol with…
CNBC’s Jim Cramer on Wednesday gave investors his read on the future of TikTok, saying the popular app faces a contentious battle even up against a conservative-leaning Supreme Court. “Here we are almost nine months later, and it seems like the only real way to stop the TikTok ban is if they win this case…
Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed to CNBC on Wednesday. “At Microsoft we focus on high-performance…
In an aerial view, container ships sit docked at the Port of Oakland on December 09, 2024 in Oakland, California. Justin Sullivan | Getty Images After a contentious negotiation, the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX) on Wednesday announced a tentative deal on a new six-year master contract. The deadline to…
Smoke billows as fire burns while powerful winds fueling devastating wildfires in the Los Angeles area force people to evacuate, at the Eaton Fire in Altadena, California, U.S. January 8, 2025. David Swanson | Reuters Fear and uncertainty surrounding the wildfires in California appear to be weighing on shares of Edison International, whose Southern California…
A sign is posted in front of the eBay headquarters in San Jose, California. Justin Sullivan | Getty Images Shares of eBay closed up 9% on Wednesday as Meta said it will allow some listings to show up on Facebook Marketplace, its popular platform connecting consumers for local item pickups and more. EBay stock reached…
The 10-year Treasury yield on Wednesday rose to its highest since April after the latest Federal Reserve meeting minutes indicated greater concern over inflation. Investors also digested this week’s strong economic data. The yield on the benchmark 10-year Treasury was last higher by 2 basis points, topping 4.7%, and reaching its highest level since late…
Nvidia CEO Jensen Huang speaks during the launch of the supercomputer Gefion at Vilhelm Lauritzen Terminal in Kastrup, Denmark, Oct. 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Quantum computing stocks dropped Wednesday after Nvidia CEO Jensen Huang declared that useful quantum computers are many years away. “If you said 15 years…
