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August 8, 2022

CNBC

Your iPhone may finally show the battery percentage on the home screen again

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by CNBC00
CNBC – For more and to sign up click here Apple’s iOS 16 Beta 5 shows battery percentage Todd Haselton | CNBC The fifth beta version of iOS 16 has a feature many iPhone users have been missing: The battery percentage in the status bar at the top of the......
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Crypto mixing service Tornado Cash blacklisted by Treasury Department for alleged use in laundering

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by CNBC031
CNBC – For more and to sign up click here The Tornado Cash website displayed on a laptop and smartphone screen arranged in London, on Tuesday, March 15, 2022. Luke MacGregor | Bloomberg | Getty Images The U.S. Department of Treasury on Monday sanctioned the popular cryptocurrency mixer Tornado Cash,......
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Biden authorizes largest yet security assistance package for Ukraine, bringing U.S. commitment to $9.8 billion

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by CNBC023
CNBC – For more and to sign up click here Ukraine was already stocking up on U.S.-made Javelins before Russia invaded. Here a group of Ukrainian servicemen take a shipment of Javelins in early February, as Russia positioned troops on Ukraine’s border. Sergei Supinsky | AFP | Getty Images WASHINGTON......
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Boeing Dreamliner deliveries to resume in the ‘coming days,’ FAA says

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by CNBC018
CNBC – For more and to sign up click here An American Airlines Boeing 787-9 Dreamliner approaches for a landing at the Miami International Airport on December 10, 2021 in Miami, Florida. Joe Raedle | Getty Images Boeing is expected to resume deliveries of its 787 Dreamliners in the coming......
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These 30 companies will help employees pay off their student loans

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by CNBC026
CNBC – For more and to sign up click here Federal student loan payments, most of which were paused during the pandemic, are set to resume in September. And yet, 93% borrowers say they are not financially prepared to restart payments, according to a survey by the Student Debt Crisis Center and......
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Stocks making the biggest moves midday: Bed Bath & Beyond, AMC, First Solar, Palantir and more

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by CNBC023
CNBC – For more and to sign up click here An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021. Carlo Allegri | Reuters Check out the companies making headlines in midday trading. Bed Bath......
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Biden says he’s ‘not worried’ about China’s increased aggression toward Taiwan following Pelosi’s visit

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by CNBC021
CNBC – For more and to sign up click here U.S. President Joe Biden talks to reporters while boarding Air Force One on travel to Eastern Kentucky to visit families affected by devastation from recent flooding, as he departs from Delaware Air National Guard Base in New Castle, Delaware, U.S.,......
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Axios to sell itself to Cox Enterprises for a reported $525 million

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by CNBC028
CNBC – For more and to sign up click here Jim VandeHei, Co-Founder and CEO of Axios speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 3, 2022. Mike Blake | Reuters Axios is being acquired by Cox Enterprises for a reported $525 million, the companies......
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Consumers’ expectations of future inflation decreased significantly in win for the Federal Reserve

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by CNBC029
CNBC – For more and to sign up click here Gas prices are displayed at an Exxon gas station on July 29, 2022 in Houston, Texas. Brandon Bell | Getty Images The consumer outlook for inflation decreased significantly in July amid a sharp drop in gas prices and a growing......
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Nvidia warns on second quarter revenue, shares dip

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by CNBC041
CNBC – For more and to sign up click here Nvidia shares dipped 8% on Monday morning after the company released preliminary earnings that show second-quarter revenue of $6.70 billion, well below its initial outlook of $8.10 billion.   The company said the shortfall primarily reflects weaker than forecasted gaming revenue,......
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Bed Bath & Beyond shares jump more than 50% as message board mentions soar on the troubled, heavily shorted stock

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by CNBC044
CNBC – For more and to sign up click here A view of a Bed Bath and Beyond store in Daly City, California. Justin Sullivan | Getty Images Shares of Bed Bath & Beyond jumped nearly 60% on Monday as meme traders seemed to be betting on the stock despite......
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Japanese giant SoftBank dumps its entire stake in Uber as losses mount at its investment unit

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by CNBC036
CNBC – For more and to sign up click here SoftBank on Monday disclosed that it sold its remaining stake in U.S. ride-hailing giant Uber as the Japanese conglomerate looks to raise cash amid mounting losses at its investment unit. The move comes after SoftBank’s Vision Fund, its technology investment......
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Deadlock with Russia over Nord Stream gas turbine is not our fault, Siemens Energy CEO says

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by CNBC021
CNBC – For more and to sign up click here Siemens Energy CEO Christian Bruch said Monday that there is no technical justification for Russia to refuse the delivery of a turbine for the key Nord Stream 1 gas pipeline. His comments come amid a standoff between Germany and Russia......
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Palantir shares fall more than 10% following earnings report

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by CNBC026
CNBC – For more and to sign up click here A banner featuring the logo of Palantir Technologies (PLTR) is seen at the New York Stock Exchange (NYSE) on the day of their initial public offering (IPO) in Manhattan, New York City, U.S., September 30, 2020. Andrew Kelly | Reuters......
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Cash withdrawals in the UK soar as Brits grapple with the rising cost of living

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by CNBC019
CNBC – For more and to sign up click here Post Office has attributed the record amount for personal cash withdrawals at its 11,500 branches to more staycations in the U.K. and people using cash to manage their budgets. Gannet77 | Getty Images Britain’s Post Office, which offers banking services......
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The market’s biggest winners and losers in the Inflation Reduction Act

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by CNBC041
CNBC – For more and to sign up click here U.S. Senate Majority Leader Chuck Schumer (D-NY) walks outside the U.S. Capitol in Washington, U.S. August 2, 2022. Jonathan Ernst | Reuters Want to know what the Inflation Reduction Act means for the market’s biggest companies, as well as for......
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SoftBank posts a $21.6 billion quarterly loss on its Vision Fund, one of the highest in its history

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by CNBC031
CNBC – For more and to sign up click here SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg......
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Hong Kong cuts hotel quarantine for travelers to 3 days, plus 4 days of home medical surveillance

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by CNBC040
CNBC – For more and to sign up click here Hong Kong is reducing the amount of time travelers will need to serve hotel quarantine, from seven days down to three starting Friday. “The seven-day quarantine hotel arrangement will be changed to three days in a quarantine hotel, plus four......
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Baidu’s robotaxis don’t need any human staff in these parts of China

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by CNBC038
CNBC – For more and to sign up click here Chinese tech company Baidu announced Monday it can sell some robotaxi rides without any human staff in the vehicles. Baidu BEIJING — Chinese tech company Baidu said Monday it has become the first robotaxi operator in China to obtain permits......
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Cramer: The Inflation Reduction Act is really a tax on companies and shareholders

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by CNBC033
CNBC – For more and to sign up click here If you hate global warming, you got a big win this weekend with the Inflation Reduction Act. But if you care about the stock market and inflation, then you got a big loss with the Spend Our Way to Oblivion......
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