Cnbc - 05/05/2024 18:00

AI could drive a natural gas boom as power companies face surging electricity demand

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers.

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Cnbc - World

Chinese EV maker Xpeng aims to deliver its first flying car in 2026...

18/05/2024

Natural gas producers are bullish on demand as they see significant upside from the immense energy needs of artificial intelligence and data centers. Xpeng AeroHT, introduced the Land Aircraft Carrier, a large truck with a detachable flying two-seater passenger electric drone inside. [Read more]

Here's what has driven the Dow rally to 40,000, and why it could keep going...

18/05/2024

The Dow Jones Industrial Average passing the 40,000 barrier makes for a nice headline, but market experts do not take much else from the move. [Read more]

GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped...

18/05/2024

GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales. [Read more]

OpenAI dissolves team focused on long-term AI risks, less than one year after announcing it...

18/05/2024

OpenAI has dissolved its Superalignment team amid the high-profile departures of both team leaders, Ilya Sutskever and Jan Leike. [Read more]

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Cnbc - Finance

Boeing shareholders re-elect departing CEO Calhoun to board...

18/05/2024

New board chair Steve Mollenkopf said he has sought feedback on Calhoun's successor from investors and Boeing customers. [Read more]

Dodge and Ram boss Tim Kuniskis, father of the Hellcat, to retire from Stellantis...

18/05/2024

Stellantis' Dodge and Ram brands CEO Tim Kuniskis is retiring after a nearly 32-year career with the automaker, the company announced Friday. [Read more]

Frontier Airlines does away with change fees in budget airline pricing overhaul ...

18/05/2024

The budget airline's changes come amid the Biden administration's crackdown on so-called "junk fees." [Read more]

Mercedes-Benz workers in Alabama vote against UAW union membership...

18/05/2024

The results are a blow to the UAW's organizing efforts a month after the Detroit union won an organizing drive of Volkswagen plant workers in Tennessee. [Read more]

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