Cnbc - 26/04/2024 19:46

Starbucks, Workers United made ’significant progress’ in this week’s contract talks

Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract.

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Cnbc - World

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86...

11/05/2024

Starbucks and the union plan to meet again in late May to keep working on the framework that will inform every single-store contract. Jim Simons, a legendary mathematician who founded quantitative hedge fund Renaissance Technologies, passed away on Friday. [Read more]

Sam Altman's nuclear energy company Oklo plunges 54% in NYSE debut...

11/05/2024

Sam Altman, best known as the CEO of OpenAI, is also chairman of a nuclear power company called Oklo, which has just gone public through a SPAC. [Read more]

Elon Musk's X loses lawsuit against Bright Data over data scraping...

11/05/2024

A federal judge in California dismissed a lawsuit filed by Elon Musk's X against Israel's Bright Data, and said X "wants it both ways." [Read more]

Biden and Netanyahu's fraught relationship hits new low after U.S. pauses weapons shipment...

11/05/2024

The Pentagon confirmed that the administration paused the delivery to Israel of a shipment of 1,800 2,000-pound bombs and 1,700 500-pound bombs. [Read more]

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Cnbc - Finance

Novavax shares nearly double on Sanofi deal to commercialize Covid vaccine, develop combination shots...

11/05/2024

The deal will allow Novavax to lift its "going concern" warning, which it first issued in 2023 due to having "substantial doubt" about its ability to survive. [Read more]

Goldman Sachs and American Express are among the leading companies for working parents in 2024, new study shows...

11/05/2024

It can be challenging to juggle raising a family while working full time. Just Capital's research points to five leading companies where it might be possible. [Read more]

Rivian, Lucid and other EV startups scramble to shore up cash and reassure Wall Street...

11/05/2024

Rivian, Lucid and Nikola this week each detailed plans to reduce costs while attempting to grow operations and make their first profits. [Read more]

McDonald's is working to introduce a $5 value meal...

11/05/2024

The potential new offering comes at a time when low-income consumers are beginning to pull back on spending, particularly at fast-food brands. [Read more]

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