Pros on CNBC discussed UnitedHealth after the company reported quarterly results Friday.
Rep. Jim Jordan nominated for House speaker, but falls short of total votes needed
Rep. Steve Scalise withdrew his nomination for House speaker after it became he would not have the 217 GOP votes need to secure the gavel.
Why Meta, X and TikTok face more pressure from Europe than the U.S. on Israel-Hamas war disinformation
The European Union enacted the Digital Services Act, which requires very large online platforms to mitigate the risk of disinformation.
Best Buy will stop selling Blu-rays, DVDs in 2024: ‘The way we watch movies and TV shows is much different today’
The change will take effect after the holiday shopping season.
‘There is nowhere to hide from the bombs’: Civilians trapped in Gaza can’t escape Israel’s siege
In the Gaza Strip survival is increasingly a game of chance.
Will Temu kill Amazon? How the Chinese shopping app’s rapid growth could crack Amazon’s dominance
Temu appears unstoppable. Since the Chinese shopping app launched in the U.S. a year ago, it has become the number one e-commerce app in the country, with downloads skyrocketing 50x from 600,000 to 30 million in just one quarter, according to Bernstein analysts. In contrast, Amazon’s downloads have dropped off a cliff, falling 40% in a year. Known for wild discounts and dirt-cheap prices that severely undercut Amazon’s, Temu has ratcheted up its ad spend to infiltrate the American consumer, set to spend an estimate $2 billion in marketing in 2023. This week on Tech Check, we dive how Temu has hit Amazon’s weak spots to take the country by storm.
What to make of the UAW’s shifting strike tactics after the latest escalation
The union initiated a surprise strike of 8,700 workers at Ford Motor’s Kentucky Truck Plant, the most crucial plant affected by the disruptions so far.
What to make of the UAW’s shifting strike tactics after the latest escalation
The union initiated a surprise strike of 8,700 workers at Ford Motor’s Kentucky Truck Plant, the most crucial plant affected by the disruptions so far.
Pharmacy staff from Walgreens, other chains could stage nationwide walkout and rallies in coming weeks
The plans come after separate walkouts staged by pharmacy staff from CVS stores in the Kansas City area and Walgreens locations around the country.
Crypto’s role in the Israel-Hamas war comes under scrutiny: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. James Koutoulas, CEO of Typhon Capital Management, weighs in on reports that Hamas militants behind the surprise attacks in Israel raised millions in crypto. He discusses how blockchain technology can help track this kind of illicit activity.
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