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Elon Musk awards Kristine Fishell with a US$1 million cheque in Pittsburgh, Pennsylvania. Photo: AFP
US presidential election 2024

Elon Musk sued in Pennsylvania over US$1 million US election giveaways

Civil lawsuit is the first official legal challenge that Trump-backer Musk has faced over his swing state sweepstakes.

Millionaires and billionaires

Mark Cuban wants to take out Chinese knockoffs. Is Kamala Harris on board?

Singapore

‘It’s subjective’: is Singapore really Asia’s happiest country?

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ByteDance

ByteDance investors could win in TikTok sale, says US lawmaker

‘It would be in the financial interest of ByteDance’s investors to effectuate a forced sale,’ said congressman Mike Gallagher.

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US Republican congressman Mike Gallagher. Photo: Bloomberg
Malaysia

‘Got me a lot of publicity’: AirAsia CEO doesn’t regret topless LinkedIn photo

Tony Fernandes said he posted the topless photo on LinkedIn to show his company’s flexible work culture

US-China relations

China’s economic headwinds could hit region, US treasury deputy says

Wally Adeyemo said China’s economy faces ‘significant headwinds … a slowing Chinese economy is going to have an impact, but mostly on their neighbours.’

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Science

Opinion | Don’t ban students from using ChatGPT when they will have to work with AI

A ban won’t stop students from using the likes of ChatGPT, while incorporating AI tools into teaching can motivate learning. Importantly, it prepares them to work with AI when they enter the workforce.

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Youngsters at the University of Hong Kong on December 22. The university has temporarily banned students from using ChatGPT. Photo: Dickson Lee
Macroscope

Macroscope | As prices rise, central bankers can no longer dismiss inflation concerns

China seems alert to the threat but the US Federal Reserve and other major central banks in the West need to show more concern about rising prices. If consumers lose confidence in central banks’ ability to control inflation, they will seek higher wages and push prices even higher.

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US-China trade war

Trump’s trade tariffs to remain on China ‘for the moment’

US Treasury Secretary Janet Yellen told CNBC on Thursday that tariffs on China put in place by the Trump administration will be ‘kept in place for the moment’.

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Coronavirus pandemic

Biden goes to US heartland for support on US$1.9 trillion economic package

Biden will address ordinary voters at a prime time CNN event in Milwaukee – his first official trip away from Washington as president.

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US President Joe Biden will this week will pursue his stimulus bill pitch on the international stage when he addresses the virtual G7 summit and the Munich Security Conference. Photo: AP
Donald Trump

‘Wear a mask!’ Republicans break with Trump as coronavirus cases soar

Former vice-president Dick Cheney’s daughter, lawmaker Liz Cheney, tweeted photo of him wearing a surgical mask with the hashtag #realmenwearmasks.

Two protesters are separated by a police officer at a protest in Austin, Texas, on Sunday against mandates to wear masks. Photo: Reuters
Coronavirus pandemic

US presses on with reopening, but coronavirus first wave lingers

A majority of states do not meet the criteria set by the White House for reopening their economies, but many are moving ahead regardless.

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Coronavirus pandemic

Pompeo begins using ‘Wuhan virus’ name as illness spreads in US

Top US diplomat ignores pleas from Beijing and world health officials over the use of names for the Covid-19 disease that incite racial discrimination. New nomenclature comes as President Donald Trump’s administration faces criticism for its response to community transmission.

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Meghan Markle and Prince Harry

Goldman Sachs ‘lining up Prince Harry for its interview series’

He is likely to want to speak about mental health and needs of military veterans during appearances, which are not paid, US report adds.

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Prince Harry and Meghan Markle announced their decision last month to step back from their royal duties and seek financial independence. Photo: dpa
US-China trade war

US and China to sign phase one trade pact in early January, Mnuchin says

Agreement will not be subject to any renegotiation and is already on paper and translated, US Treasury secretary adds.

US Treasury Secretary Steven Mnuchin speaks to reporters at the White House on Thursday. Photo: AFP
US-China trade war

US critics worry the numbers don’t work in Trump’s trade deal with China

Concerns include a lack of specifics on farm purchase commitments and enforcement mechanisms, a shortage of trust on both sides and the US president’s mercurial negotiating style.

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IPO

Chinese owner of SharkNinja revives Hong Kong IPO amid US tariff risks

Hangzhou-based JS Global, the maker of Ninja, Joyoung kitchen appliances and Shark vacuums, is meeting investors from Monday on its Hong Kong listing plan after delaying its stock offering in late October.

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US-China tech war

US treasury secretary seems to defuse Trump’s threat to Google over China

‘We’re not aware of any areas where Google is working with the Chinese government that in any way raises concerns,’ says Mnuchin.

Treasury Secretary Steve Mnuchin speaks to the media at the White House in Washington on Wednesday. Photo: AP
US-China trade war

US commerce secretary rules out ‘definitive’ deal at Xi-Trump G20 parley

‘The trade deal is going to be thousands of pages,’ he tells a US business news channel. ‘The G20 is not a place where anyone makes a definitive deal.’

US-China trade war

Americans disapprove of Trump’s use of tariffs in trade war, poll finds

Despite a year of escalating trade tensions, a new survey finds that most Americans don’t view China as an economic threat.

US Politics

Commerce secretary doesn’t understand why unpaid workers use food banks

Ross, one of the richest people in US President Donald Trump’s cabinet, is questioning why furloughed federal workers are reluctant to take out loans to get through the government shutdown.

Donald Trump

Xi Jinping and Donald Trump may meet next month at G20 amid rising tensions

The two presidents could meet in Buenos Aires at the end of November as relations between their countries continue to be strained by multiple issues.

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The two presidents could meet in Buenos Aires at the end of November as relations between their countries continue to be strained by multiple issues
Robotics

Giant robots are about to face off, fighting for the US and Japan

WikiLeaks

Wikileaks makes 50,000 per cent return says Julian Assange

Amazon

Amazon isn’t playing in ‘our sandbox,’ says Lululemon CEO

A woman walks into a store of yogawear retailer Lululemon Athletica in downtown Vancouver. Photo: REUTERS/Ben Nelms

British pub named the ‘best restaurant in the world’

The Black Swan, Oldstead, North Yorkshire. Photo: The Black Swan/Facebook
Artificial intelligence

Ex-Barclays CEO: AI innovation unlikely to come from a big bank

Facebook

Facebook and Google may have to pay abuse levy in the UK

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CNBC
A selection of Business, Tech and Asian news hand-picked from CNBC.
Industry
Comms, Publishing & Media
Website
cnbc.com
Headquarters address
900 Sylvan Ave, Englewood Cliffs, NJ 07632, USA
Year founded
1989
last updated:
30 September, 2024
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