Author: franperez66q@protonmail.com
The eight broadcast TV stations owned by ABC filed applications for early license renewals under protest yesterday, accusing the Federal Communications Commission of trying to suppress speech as part of “an unprecedented attack on a single company’s entire portfolio of broadcast licenses.” FCC Chairman Brendan Carr has repeatedly threatened to revoke broadcast licenses from President Trump’s least favorite networks. He recently ordered the Disney-owned ABC to file early license renewal applications for all of its TV stations over allegations that its diversity, equity, and inclusion (DEI) practices violate anti-discrimination rules. “The only plausible reason to issue the Order is to…
Netherlands’ Deputy Prime Minister VVD party leader Dilan Yesilgoz-Zegerius speaks during a weekly press conference following the Council of Ministers in The Hague on April 10, 2026. (Photo by Robin Utrecht / ANP / AFP via Getty Images) / Netherlands OUTRobin Utrecht | Afp | Getty ImagesThe U.S.’ call for allies to step up defense spending is legitimate, according to Dutch deputy prime minster Dilan Yesilgoz-Zegerius.Speaking to CNBC’s Sri Jegarajah on the sidelines of the IISS Shangri-La Dialogue, Yesilgoz said that before the Ukraine war broke out, the Netherlands had relied a lot on allies. “So I think this is…
Solstock | E+ | Getty ImagesFor lower- and moderate-income workers who contribute to retirement savings, the new federal Saver’s Match — scheduled to start with the 2027 tax year — could be a much-welcomed addition to their nest egg. Yet many current savers may first need a different account to get the money.Authorized by the 2022 Secure 2.0 retirement legislation, the Saver’s Match program will provide income-eligible retirement savers with a matching annual contribution worth up to $1,000 for single tax filers and $2,000 for joint filers. They can receive that benefit whether they save through a workplace plan like…
Air taxi makers have hyped science fiction-like flying cars for years. But as that dream inches closer to reality, legal squabbles are clouding that momentum.Last year, Joby Aviation sued Archer, accusing the rival air taxi maker of “corporate espionage” and using stolen information to interfere with a real estate developer deal.Weeks later, Archer clapped back, alleging that Joby hid ties to China and embarked on a “calculated, years-long scheme” to defraud the U.S. government. The plan, Archer claimed, included classifying China aircraft parts as consumer goods such as “hair clips” and “socks.”Simultaneously, another battle was brewing.Archer hit Vertical Aerospace with…
Tesla CEO Elon Musk holds a mobile phone as he arrives to attend a state banquet with U.S. President Donald Trump and Chinese President Xi Jinping at the Great Hall of the People in Beijing, China, May 14, 2026. Evan Vucci | ReutersTraders are confident Elon Musk will reach trillionaire status before 2027 after buzz that SpaceX is set to have a record-shattering initial public offering.Chances of Musk becoming the world’s first trillionaire were timid when the markets first opened on Kalshi. But those chances started trickling upwards last fall, when Musk surpassed the $500 billion in net worth mark in…
New Jersey state police assert control outside migrant detention center Source link
Some viewers were disappointed that the second season of House of the Dragon ended not with a bang, but a whimper. But the big battle sequence that season 2 set up will open season 3 with a bang, judging by the latest trailer, which has all the dragons, fire, and blood Westeros is known for. (Spoilers for first two seasons below.) As previously reported, the series is set nearly 200 years before the events of Game of Thrones, when dragons were still a fixture of Westeros, and chronicles the beginning of the end of House Targaryen’s reign. The primary source material…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks lost a bit of steam in afternoon trading on Friday. The S & P 500 and the Nasdaq Composite are hovering near the flatline despite falling oil prices. It’s a subtle session to cap off a strong May, with the S & P 500 up 5% and the Nasdaq adding over 8%, fueled by the remarkable rally in artificial intelligence stocks. With both indexes coming into the day at record…
BMO hires UBS banker to lead US M&A team, memo shows Source link
This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Happy Friday. I’m CJ, filling in for Alex this morning. You might know me from my coverage of technology stocks on and off since 2024. My co-workers know me as the news associate that can fold a serious origami crane. Speaking of things that fly, wait until you hear where shares of Dell Technologies are headed this morning after an AI-fueled earnings beat.Stock futures are higher before the bell. All three major averages are coming off a winning session and on pace for a positive week.Here are five…