US News

Elon Musk’s business empire is sprawling. It includes electric vehicle maker Tesla, social media company X, artificial intelligence startup xAI, computer interface company Neuralink, tunneling venture Boring Company and aerospace firm SpaceX.  Some of his ventures already benefit tremendously from federal contracts. SpaceX has received more than $19 billion from contracts with the federal government,

Microsoft’s Recall feature is available for testing for people with Copilot+ PCs containing Qualcomm Snapdragon chips. Jordan Novet | CNBC Microsoft on Friday started letting people test Recall, its so-called photographic memory search feature for the latest Copilot+ PCs. It doesn’t work perfectly, based on an initial evaluation. It’s also a long time coming. Microsoft first

Sopa Images | Lightrocket | Getty Images Business spending on generative AI surged 500% this year, from $2.3 billion in 2023 to $13.8 billion, according to data released by Menlo Ventures on Wednesday. The report also found that OpenAI ceded market share in enterprise AI, declining from 50% to 34%. Anthropic doubled its market share

Scott Bessent, founder and chief executive officer of Key Square Group LP, during an interview in Washington, DC, US, on Friday, June 7, 2024. Stefani Reynolds | Bloomberg | Getty Images President-elect Donald Trump signaled Friday his intention to nominate hedge fund executive Scott Bessent as his Treasury secretary, in a move that puts a

Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant’s total investment to $8 billion, though Amazon will retain its position as a minority investor, according to Anthropic, the San Francisco-based company behind the Claude chatbot

Snowflake shares rocketed 32% Thursday, closing out its best day since the company went public in 2020, after the data analytics software maker reported fiscal third-quarter earnings that beat estimates. Here’s how the company did, compared to LSEG analysts’ expectations: Earnings per share: 20 cents, adjusted vs. 15 cents expected Revenue: $942 million vs. $897

Intuit CEO Sasan Goodarzi speaks at the opening night of the Intuit Dome in Los Angeles on Aug. 15, 2024. Rodin Eckenroth | Filmmagic | Getty Images Intuit shares fell 6% in extended trading Thursday after the finance software maker issued a revenue forecast for the current quarter that trailed analysts’ estimates due to some

Rep. Marjorie Taylor Greene, R-Ga., attends a roundtable discussion with members of the House Freedom Caucus on the COVID-19 pandemic at The Heritage Foundation on Thursday, November 10, 2022.  Tom Williams | Cq-roll Call, Inc. | Getty Images Rep. Marjorie Taylor Greene, R-Ga., has been tapped to lead a new House subcommittee that will work

Gautam Adani, chairman of Adani Group, speaks during the Forbes CEO Summit in Singapore, on Tuesday, Sept. 27, 2022. India needs fossil fuels to serve large populations and getting rid of all fossil fuels instantly would not work for the nation, Adani said. Photographer: Edwin Koo/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images

Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Gujarat, India, on Jan. 10, 2024. Punit Paranjpe | AFP | Getty Images Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted with seven other men in New

Ed Bastian, chief executive officer of Delta Air Lines Inc., during an interview in New York, US, on Monday, Nov. 7, 2022. Jeenah Moon | Bloomberg | Getty Images Delta Air Lines CEO Ed Bastian said the Trump administration’s approach to regulation could be a “breath of fresh air.” Speaking to reporters ahead of Delta’s

Jonathan Gray, president and chief operating officer of Blackstone Inc., from left, Ron O’Hanley, chief executive officer of State Street Corp., Ted Pick, chief executive officer of Morgan Stanley, Marc Rowan, chief executive officer of Apollo Global Management LLC, and David Solomon, chief executive officer of Goldman Sachs Group Inc., during the Global Financial Leaders’

Dr. Mehmet Oz, a former celebrity TV host and Republican U.S. Senate candidate in Pennsylvania, poses for a portrait outside a polling location during the primary election in Rockledge, Pennsylvania, May 17, 2022. Hannah Beier | Reuters President-elect Donald Trump on Tuesday said he would nominate Dr. Mehmet Oz — celebrity TV host and former

Independent presidential candidate Robert F. Kennedy Jr. makes an announcement on the future of his campaign in Phoenix, Arizona, U.S. August 23, 2024.  Thomas Machowicz | Reuters President-elect Donald Trump has tapped Robert F. Kennedy Jr. to lead the Department of Health and Human Services – a selection that is raising fears in the public

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7.  Annabelle Chih | Bloomberg | Getty Images Embattled server maker Super Micro Computer said on Monday that it’s hired BDO as its new auditor and submitted

US President-elect Donald Trump speaks during a meeting with House Republicans at the Hyatt Regency hotel in Washington, DC on November 13, 2024. Allison Robbert | AFP | Getty Images A Georgia appeals court on Monday canceled until further notice oral arguments on an effort by President-elect Donald Trump and other co-defendants to remove Fulton

A view of the NBA on TNT logo on a broadcast camera prior to the start of the third quarter of Game Four of the Western Conference Second Round Playoffs between the Denver Nuggets and Minnesota Timberwolves at Target Center on May 12, 2024 in Minneapolis, Minnesota. David Berding | Getty Images Warner Bros. Discovery

The Disney+ website on a laptop computer in the Brooklyn borough of New York, US, on Monday, July 18, 2022. Gabby Jones | Bloomberg | Getty Images Disney might be proving the world’s most famous investor wrong. Last year, Warren Buffett, “The Oracle of Omaha,” told CNBC’s Becky Quick he had no faith in the