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UN human-rights experts urge Starbucks and US to address union-busting claims Source link
The vehicle seats just two occupants and their luggage, but it takes up a surprising amount of room on the road—it’s actually an inch and a half wider than the gargantuan Hummer EV, if you can believe it, a vehicle so wide it scarcely fits in parking spaces or EV charging bays. Visits to those charging bays are meant to be rare; the EV aims to deliver a range of 400 miles (644 km) from a 44 kWh battery pack—10 miles/kWh (6.2 kWh/100 km) is the claim for the $40,000 launch edition. (Should Aptera succeed, it plans a much cheaper…
The Reform UK leader, who is facing a Commons standards probe, said he “cannot be bought by anybody”. Source link
In this photo illustration Hantavirus samples are seen in Ankara, Turkiye on May 6, 2026. Arman Onal | Anadolu | Getty ImagesThe U.S. Centers for Disease Control and Prevention said there are no hantavirus cases in the country as of Thursday, as it monitors 41 people for the virus.The agency said the risk to the public remains low in the aftermath of an outbreak on a cruise ship. The World Health Organization has reported 11 total cases of hantavirus linked to the outbreak, including three deaths. This is breaking news. Please refresh for updates.Choose CNBC as your preferred source on…
Cisco, Qualcomm among market cap stock movers on Thursday Source link
Cerebras Systems soared in its Nasdaq debut on Thursday, opening at $350 after selling shares at $185, well above the company’s expected range. That values the chipmaker at over $100 billion. The company sold 30 million shares in its offering late Wednesday, raising $5.55 billion, the largest IPO for a U.S. tech company since Uber’s debut in 2019. If underwriters exercise their option to buy 4.5 million additional shares, total proceeds could reach $6.38 billion. Cerebras, based in Silicon Valley, is benefiting from the artificial intelligence boom, which has lifted wide swaths of the semiconductor space in recent months, with…
U.S. Border Patrol Chief Mike Banks at a roundtable discussion with local ranchers and employees from U.S. Customs and Border Protection led by U.S. Secretary of Homeland Security Kristi Noem on January 7, 2026 in Brownsville, Texas. Michael Gonzalez | Getty ImagesU.S. Border Patrol Chief Mike Banks resigned on Thursday. “We thank U.S. Border Patrol Chief Michael Banks for his decades of service to this country and congratulate him on his second retirement after returning to serve during one of the most challenging periods for border security,” said U.S. Customs & Border Protection Commissioner Rodney Scott in a statement.”During his time…
Stocks are rallying so fast it’s creating a volatility dynamic that’s only been seen four times in history — and equity prices kept climbing following each instance.Implied volatility in the S&P 500 and Nasdaq-100 has held firm despite record after record, with the VIX little changed since slipping below 18 in mid-April despite the S&P 500 up 7% since. It’s a byproduct of both aggressive call-buying in high-flying stocks and broad-market hedging by traders who see the VIX as a relative value to the implied volatility of popular sectors like tech and industry groups like semiconductors.This dynamic has gotten so…
A Biogen facility in Cambridge, Massachusetts.Brian Snyder | ReutersBiogen plans to advance an experimental drug for Alzheimer’s disease to late-stage testing despite disappointing mid-stage trial data, the company said Thursday.Biogen said its experimental drug that targets tau, a protein associated with the memory-robbing disease, failed to show better responses at higher doses.Nonetheless, Biogen plans to move the drug diranersen into Phase 3 testing because of signals suggesting the treatment decreases levels of tau and slows cognitive decline, particularly at the lowest dose.Dr. Priya Singhal, Biogen’s head of development, said the results are compelling.”We’re really excited that we’ve been able to…
US jury awards family of Boeing 737 MAX crash victim $49.5 million Source link