Columbus, OH

Nvidia said Wednesday that its board of directors has approved a $50 billion stock buyback. The computer chip giant announced the share repurchase as part of its fiscal second-quarter earnings, in which it reported earnings and guidance that surpassed Wall Street expectations. In May, Apple announced a $110 billion stock...

Nvidia announces $50 billion stock buyback

MarketRealist

For about three days, he became the world's richest person, outranking the Microsoft founder

Meet the man who was once richer than Bill Gates. Then, he lost $70 billion in one go

This story is part of CNBC Make It's The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what drove them to make the leap into the unknown. Emery Wells put himself on the path to a dream career...

42-year-old sold his startup for $1.3 billion—he started by buying a $17,500 camera he couldn't afford

TheDailyBeast

A sour mood took hold among investors as the U.S. stock market cratered Monday morning, with all three major indexes sliding dramatically amid new data reflecting a slumping economy at home, frustrations with the Federal Reserve’s handling of inflation, and fears of further market volatility abroad.After an unexpectedly weak jobs report dropped on Friday, showing the unemployment rate having risen to 4.3 percent—the highest level since Oct. 2021—Wall Street began grumbling that the Fed has waited too long to address rate cuts. Concerns that the central banking system will have to move quickly to play catch-up and prevent a hard...

Musk, Bezos and Zuckerberg Lose Almost $30 Billion in a Day as Markets Plunge

After losing Steve Jobs in the 80s, Apple faced a slow decline until his return in 1997 saved the company from bankruptcy. Microsoft's $150 million investment in Apple was more about saving itself from monopoly accusations than saving Apple. Lawsuits surrounding copyright infringement and monopolistic practices were settled between Apple...

27 years ago, Microsoft bought $150 million worth of Apple stock after the company almost went bankrupt

In its near 20-year existence, Roblox has grown into an immersive online platform that allows its millions of users to create avatars, explore virtual worlds and play games created by other users and Roblox Studios. Anyone from the average user to big-name brands like the NFL and Gucci can create...

Roblox went public 3 years ago—here's how much a $1,000 investment would be worth now

Business Insider

Damola Adamolekun, former P.F. Chang's CEO, is set to lead Red Lobster as it emerges from bankruptcy.

Meet the 35-year-old CEO who wants to turn around bankrupt Red Lobster

USA TODAY

Jeff Bezos, Elon Musk and Bernard Arnault (LVMH) have all traded the crown in recent years. Here's who is the richest person in the world today.

Who is the richest person in the world? See net worths of Elon Musk, Jeff Bezos, more

Editor's Note: APYs listed in this article are up-to-date as of the time of publication. They may fluctuate (up or down) as the Fed rate changes. CNBC Select will update as changes are made public. If you're looking for a safe place to park significant savings, a jumbo CD can...

Best jumbo CD rates for September 2024

Robb Report















	Jeff Bezos is perhaps the most well-known member of his family, but his parents occasionally make waves as well.Bernard Arnault's Fortune Plummeted by $20 Billion This Year




	Case in point: Mike and Jackie Bezos donated $185.7 million to the Aspen Institute this week, Bloomberg reported on Wednesday. The money will be used to create the Center for Rising Generations, which will work toward civic engagement and leadership development for young people. The donation is the largest ever given to the Aspen Institute and the biggest endowment from the Bezos Family Foundation yet.




	“My wife Jackie and I are continually inspired by the...

Jeff Bezos’s Parents Just Gave $186 Million to the Aspen Institute

Texas State

An uptick in sausage demand can offer the latest sign of consumers tightening their belts as they continue grappling with high prices. There has been "modest growth" in the dinner sausage category for one producer, according to the Dallas Federal Reserve's Texas Manufacturing Outlook Survey released Monday. This underscores the trends of shoppers opting for cheaper products and pulling back spending all together as cumulative inflation bites into purchasing power.

Increased sausage demand could be worrying signal on the economy

Lowe's will no longer participate in surveys for Human Rights Campaign, an advocacy group supporting transgender rights, and is also combining its various business resource groups that represent diverse employees into one umbrella organization, an internal memo obtained by Reuters on Monday showed. The company will not be sponsoring or...

Home improvement retailer Lowe's latest U.S. firm to end some diversity policies

The Motley Fool

Bitcoin could soar in price over the next decade. But that's not the only reason billionaires are buying Bitcoin.

Billionaires Are Buying This Cryptocurrency That Could Soar 20,000%, According to MicroStrategy Executive Chairman Michael Saylor

Buying a house in today's housing market isn't easy as asking prices are only getting higher, and mortgage rates continue to fluctuate. But despite those factors, some metro areas across the United States are actually friendly to those looking to buy this year. This month, Realtor.com released its report on the easiest and hardest housing markets for homebuyers right now.

10 U.S. housing markets where buyers have the most power right now: They're 'in a good position to negotiate,' expert says

Prices of the red metal have been climbing steadily in recent weeks, paring losses after falling to a four-month low in early August. Saxo Bank's Ole Hansen said copper's recent rally had been bolstered by renewed demand from hedge funds which had previously cut their exposure "during the recent and deep 24% correction."

Copper prices near six-week high as one strategist says the 'worst of the correction is over'

CNBC brings you fast, accurate, and actionable business news and market updates.

News Update – Market Close

Did Lowe's CEO Marvin Ellison tell conservatives who "do not like our values" that they "should take their money to Home Depot"? No, that's not true: The company said the quote is false. Ellison's words from an interview with CNBC were digitally replaced in a post on X. The claim...

Fact Check: Lowe's CEO Marvin Ellison Did NOT Say Conservatives 'Should Take Their Money To Home Depot'

New Jersey State

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contributor

San Antonio, TX

Morristown Minute

NEW JERSEY - A San Antonio, Texas woman, Janet Bernal, also known by several aliases including “Rocky G” and “RockyG-Kruella,” has been arrested and charged with wire fraud for allegedly selling over $18 million worth of counterfeit coupons to be used at retail stores across the United States.

Coupon Queen's $18M Fraud: Woman Arrested in Nationwide Scheme

Elliott Investment Management is one of the largest activist funds in the world, building its reputation on aggressive and public tactics aimed at transforming firms. The West Palm Beach, Florida-based hedge fund manages roughly $69.7 billion in assets and employs about 570 people as of June 30. The firm makes headlines for its sometimes brash approach and lofty ambitions to boost major companies whose stock and business performance have proven to be lackluster.

How activist investor Elliot became the shark that transforms giants like Starbucks and Southwest

Gerald Storch, Storch Advisors CEO, Fmr. Toys “R” Us CEO, Former Target Vice Chair, joins 'Fast Money' to talk what's ahead for the consumer based on recent retail earnings and data.

Latest retail earnings show even more consumers flocking to value, says Fmr. Toys "R" Us CEO

NewsBreak

OpenAI in talks to raise funding that would value it at more than $100 billion

OpenAI is in talks to raise a funding round that would value the artificial intelligence startup at more than $100 billion, CNBC has learned. Thrive Capital...

OpenAI in talks to raise funding that would value it at more than $100 billion

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