Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan to the forefront of the industry, to see ...
If the Covid era marked a boom time for digital health companies, 2024 was the reckoning. In a year that saw the Nasdaq jump 32%, surpassing 20,000 for the first time this month, health tech providers largely suffered. Of 39 public digital health companies analyzed by CNBC, roughly two-thirds are down for the year. Others are now out of business. ...
Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump’s inaugural committee, as they seek to get on his good side and make inroads before he takes office. Some of the planned donations reportedly include $1 million each from Jeff Bezos’ Amazon, OpenAI CEO Sam Altman and Facebook parent company Meta, led by Mark Zuckerberg. Others include $2 million from Robinhood Markets and $1 ...
The House Democrat who chairs the party’s campaign committee says she wants to ‘build on’ the ‘things we did right’ in the 2024 elections as she works to win back the chamber’s majority in the 2026 midterms. While the party lost control of the White House and Republicans flipped the Senate majority while holding on to their fragile control of ...
As President-elect Trump begins his second term in the White House, his days as a candidate are numbered. But even though he’s term limited and his name will no longer be on the ballot, Republican National Committee chair Michael Whatley says Trump will play a ‘significant’ role in supporting GOP candidates in the 2026 midterm elections. ‘President Trump is going ...
Amid negotiations to forge a hostages-for-cease-fire deal between Israel and Hamas in Gaza, and as the truce with Hezbollah in Lebanon mostly holds, Jerusalem has an opportunity to direct additional military resources to cut Yemen’s Houthi leadership down to size, according to former Israeli officials. ‘Israel has to accelerate and expand attacks [in Yemen], not only on national infrastructure but ...
President Biden on Monday vetoed a bill that would have added 66 federal district judgeships over a span of more than a decade, a once-bipartisan effort designed so that neither political party would have an advantage in molding the federal judiciary. Three presidential administrations, beginning with the incoming Trump administration, and six Congresses would have had the opportunity to appoint ...
Dozens of House lawmakers rally around funding Afghan visa program as Trump vows major spending cuts
A group of 51 bipartisan lawmakers is urging House negotiators to keep up the flow of dollars to a visa program for Afghans fleeing the Taliban takeover of their country. Reps. Jason Crow, D-Colo., and Zach Nunn, R-Iowa, wrote to the House of Representatives’ top appropriators as they continue to negotiate federal funding for the remainder of fiscal year (FY) ...
The FBI is issuing a stark warning to timeshare owners about a widespread telemarketing scam linked to a violent Mexican drug cartel. This scheme targets unsuspecting property owners, leading to significant financial losses. Here’s what you need to know and how to protect yourself. The Dimitruks’ devastating timeshare scam experience In late 2022, Mr. and Mrs. Dimitruk, a retired Canadian ...
We are in the midst of an artificial intelligence (AI)-driven industrial revolution. From self-driving cars to medical diagnostics to next-generation defense and homeland security capabilities, AI is reshaping nearly every industry. As the U.S. races to maintain its global leadership in AI, much of the conversation revolves around natural language processing, the reshoring of the semiconductor supply chain and powering data ...