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Larry Ellison, the cofounder of Oracle, is praised for looking 30 years younger at age 80. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLarry Ellison is winning praise online for looking far younger than his age. "Ellison, now 80, is doing a good job managing biological aging," Johnson, founder of payments company Braintree, wrote on X.
Persons: Larry Ellison, Antiaging, Bryan Johnson, , Ellison, Johnson Organizations: Oracle, Service, Business Locations: Braintree
Read previewPeter Thiel, the right-wing tech billionaire who's known for his contrarian views, is making another unusual prediction: The 2024 election won't be close. But he also argued that the last two presidential elections may have been historical aberrations in terms of how close they were. You know, most presidential elections aren't," Theil said. He went on to claim that if the election is indeed close, Harris and Democrats will "cheat" via ballot harvesting and election rule changes. When pressed on how he would change US elections, Thiel said he'd prefer to see just one day of voting, "practically no" absentee ballots, and stronger voter ID laws.
Persons: , Peter Thiel, who's, Thiel, Donald Trump, Kamala Harris, Trump, it's, Theil, — JD Vance, Blake Masters, Vance, that's, I've, Harris, he'd Organizations: Service, Business, Trump voters, Trump Locations: Ohio, Arizona
Tensions are high in the South China Sea, as China continues its aggressive tactics against Philippine vessels. JAM STA ROSA/AFP via Getty ImagesClashes between China and the Philippines in the South China Sea have been escalating for months as China unjustly claims sovereignty over a majority of the South China Sea, defying international law while increasing efforts to assert its authority in the area. While traveling to Manila, the Baden-Württemberg and Frankfurt am Main transited the Taiwan Strait, sparking backlash from China. The German warships transited the Taiwan Strait last week for the first time in 20 years. "International waters are international waters," he said .
Persons: , Per Andreas Pfaffernoschke, Pfaffernoschke, Mao Ning, German Defense Ministry Boris Pistorius, Mao Organizations: Service, Business, Baden, Philippine, ROSA, Getty, Ministry of Foreign, German Defense Ministry, Command Locations: Philippines, Taiwan Strait, Germany, China, South China, Berlin, Frankfurt, Manila, AFP, Beijing, Baden, Württemberg, Taiwan, Main
Routh became animated when writing about Trump, and he frequently weighed in on US and global current events on social media. He even commented on the first assassination attempt on Trump, when the former president was wounded by a gunshot during a rally in Pennsylvania in July. According to Cernea, Routh described Russian President Vladimir Putin’s invasion of Ukraine as a “black and white… good versus evil” conflict. Hawaiian business owner Saili Levi told CNN he had paid Routh $3,800 up front to build a trailer for his business. Levi said when he asked Routh to improve the work via email, Routh ranted at him.
Persons: CNN — Ryan Wesley Routh, Donald Trump, Routh, Trump, Ryan Wesley Routh, , , ” Routh, Joe Biden, Kamala Harris, “ Trump, Ryan Routh, , Oleksandr Shaguri, Remus Cernea, it’s, ” Cernea, Cernea, Vladimir Putin’s, “ Putin, ” Oran, Saili Levi, Levi, Routh ranted, you’re, ” Levi Organizations: CNN, US Secret Service, LinkedIn, Honolulu Star, Democratic, Trump, Global Citizen, Independence, Ukraine, Foreigners, Department, Land Forces Command, Legion, Newsweek Romania, AFP, Russia Locations: Ukraine, Taiwan, North Korea, Kyiv, Hawaii, Honolulu, North Carolina, Afghanistan, Iran, Tehran, Moscow, Pennsylvania, Ukrainian, Mariupol, Kyiv’s, United States, Oran, Florida
In July, regulators fined the bank $136 million for failing to fix its data quality issues quickly enough. "Data and technology are intrinsically linked and the maturity and sustainability of our Data Transformation plan require that we leverage technology more," the memo reads. AdvertisementCiti is also appointing a new leader to run its Chief Data Office: Ashutosh Nawani, who previously led enterprise risk management. Nawani will report to Ryan and serve as head of enterprise data office and data transformation. Mehta became chief data officer the following month.
Persons: , Tim Ryan, Anand Selva, Ryan, we've, Selva, We've, Ashutosh Nawani, Nawani, Japan Mehta, Jane Fraser, Kathleen Martin, Martin, Mehta Organizations: Service, Citigroup, Citi, Business, PricewaterhouseCoopers, Revlon, Data, PwC, OCC Locations: London, Japan, India, Asia, Singapore, New York, Selva
Read previewGen Zers may think they are digitally savvy and immune to online scams, but that very thought may leave them vulnerable to being lured into nefarious schemes. AdvertisementScams are always evolving, and the tricks Gen Zers believe they are wise to may be replaced by increasingly technologically advanced schemes they don't see coming. AdvertisementPeople are still processing the years lost to the pandemic, particularly Gen Zers, whose brains were still developing, Neo added. "This can make us more impulsive, less thoughtful of our choices, and can be a risk factor for romance scams," Neo said. Gen Zers understand what it's like to struggle, with many facing economic instability and having difficulty with bills, rent, and finding jobs.
Persons: , Zers, Bryn Thompson, Gen Xers, Lauren Hendry Parsons, Hendry Parsons, Kevin Lee, Gen Z, Lee, scammers, It's, it's, zoomers, They're, Gen Organizations: Service, Business, National Cybersecurity Alliance Locations: Canada
Now, he places personal and executive assistants with CEOs, billionaires, and celebrities. Here are five things to know about billionaires, according to a billionaire whisperer. Brian Daniel worked as a personal assistant for ultra-high-net-worth clients — including members of the royal family of Saudi Arabia. "A lot of billionaires like bragging rights, where they want access to things that other people can't get access to." Advertisement"They can afford to pay the bill to have the celebrities come to their parties and be on their yachts," Daniel said.
Persons: , They're, Brian Daniel, he's, Warren Buffett, there's, Daniel, Damien Hirst, Jeff Bezos —, they're, doesn't, they've, I've, didn't Organizations: Service, Business Locations: Hollywood, Saudi Arabia, Europe
Larry Ellison said he and Elon Musk begged Nvidia's Jensen Huang for more GPUs at a dinner. Ellison also discussed Oracle's AI ambitions, including building a supercomputer with Nvidia GPUs. AdvertisementLarry Ellison really, really wants to get his hands on more Nvidia GPUs. The Oracle cofounder and chairman said he had dinner with Elon Musk and Nvidia chief Jensen Huang at Nobu in Palo Alto, where the longtime friends were "begging" Huang for GPUs. On Oracle's earnings call last week, Ellison said: "I would describe the dinner as me and Elon begging Jensen for GPUs."
Persons: Larry Ellison, Elon Musk, Nvidia's Jensen Huang, Ellison, , Jensen Huang, Huang, Elon, Jensen Organizations: Nvidia, Service, Oracle, Business Locations: Nobu, Palo Alto
The Houthis fired what they claimed was a "new hypersonic ballistic missile" at Israel on Sunday. The Israeli military said the missile, despite its speed, was not actually a hypersonic missile. AdvertisementThe Houthi rebels painted the word "hypersonic" in English on the missile they launched at Israel over the weekend, emphasizing a new capability. The Israeli military, however, is pouring cold water on the Houthis' claim that the missile is a hypersonic weapon. The Houthis published footage on Monday purportedly showing the launch of their new missile at Israel on Sunday.
Persons: Organizations: Sunday, Service, Business Locations: Israel, Palestine
News of an apparent assassination attempt on former U.S. president Donald Trump has taken China's heavily censored social media by storm, prompting conspiracy theories and a mockery of the U.S. political landscape. As the news spread to China on Monday, discussions concerning the incident were trending on the popular Chinese social media platform Weibo, with netizens pointing out how Trump had just recently escaped an attempt on his life at a campaign rally on July 13. Other outlandish conspiracy theories proliferated on the platform, mentioning religious groups. Separate from the conspiracy theories, many netizens theorized that Trump stood to benefit from the incident. In a fundraising email shortly after the incident, Trump said he was safe and in good spirits.
Persons: Donald Trump's, Donald Trump, Trump, Shooter, Ric Bradshaw, Weibo, Shen Yi, Harris, Ryan Wesley Routh, Routh, Zenith Wong, Anniek Bao Organizations: Republican, Donald Trump's Trump, Federal Bureau of Investigation, Weibo, Trump, Fudan University's Department of International, Democrats, NBC News Locations: West Palm Beach , Florida, U.S, Trump's Florida, China, Trump, Beach, American
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Home Depot , our newest Club holding, stands out as the "single best" play for this rate cut environment, Jim Cramer said Monday. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.
Persons: Jim Cramer, Stocks, Jim, Eaton, Ming Chi, Kuo, Jim Cramer's Organizations: CNBC, Nasdaq, Dow Jones, Depot, Club, Home Depot, Citi, Apple, Apple Intelligence, Colgate, Palmolive, Coca, Simon Property Group
The experience of shame is so intense and visceral that I can't always pinpoint exactly what is going on. "Sweetie, what you're going through is not your fault. It's taken me years to learn, but I know when I'm going through a hard time, I need to be compassionate with myself. Shame feeds off secrecy, and talking to others helps me release itBestselling author Brené Brown maintains what most of us intuitively know: shame is universal. I know I'm not the only person on the planet who experiences it, but when shame consumes me, I feel uniquely worthless.
Persons: , I'm, Barry, should've, Brené Brown, I've Organizations: Service, Business, TED Locations: Mexico, Guanajuato
In recent months, Saudi Arabia has hosted a flurry of high-profile events, leaders, and dealmaking from the AI world. This year's showcase featured speakers from top AI companies in the West, such as Nvidia, Qualcomm, Google, Microsoft, and OpenAI rival Cohere. Saudi Aramco is working with AI startup Groq to build a new data center in Saudi Arabia. For Saudi Arabia, AI doesn't just present the chance to bet big on tech's latest hype train. Saudi Arabia generated a similar amount of hype around its AI ambitions in March when it held its LEAP conference.
Persons: , Mohammed bin Salman, Cohere, Saudi Aramco —, Hamad, Mohammed Groq, Groq, Jonathan Ross, doesn't, Adam Selipsky, Arvind Krishna, Abdullah Alswaha, PIF, A16z, Marc Andreessen, Ben Horowitz Organizations: Service, Saudi Arabia's, Business, Global AI, Nvidia, Qualcomm, Google, Microsoft, BlackRock, Cisco, Public Investment Fund, Amazon Web, IBM, Saudi, New York Times, Silicon Locations: Saudi Arabia, Saudi Aramco, Bay
Read previewIt's shaping up to be a bustling period for new hedge funds. Startup funds have allies in investment bank prime brokerage units, a crucial lifeline to hedge funds and a growing business on Wall Street. AdvertisementMorgan Stanley has long been home to one of the top prime brokerages, and serving hedge funds is key to the bank's equities ambitions. These are 3 of the top stumbling blocks for startup fund managers and how to handle them, according to Novick and Shaw. AdvertisementBut beyond that, continuing to engage with prospects is simply a sound business strategy.
Persons: , Jon Caplis, Morgan Stanley, Ted Pick, Penny Novick, Kim Shaw, Shaw, Morgan Stanley's, Novick, they're, allocators, Hone, haven't Organizations: Service, Business, Viking
Mark Cuban says he would take over Fox News and X, formerly Twitter, if he could. Fox News is too expensive and Elon Musk is unlikely to sell X, Cuban told Wired's Lauren Goode. Advertisement"Shark Tank" star Mark Cuban says he would buy Fox News and X if he could. "If I had enough money to do it, which I don't, I'd buy it in a heartbeat," Cuban said of purchasing Fox News. Buying Fox News, Cuban said earlier in his interview, would serve as an antidote to a demographic he calls the "Fox News generation."
Persons: Mark Cuban, Elon Musk, Cuban, Wired's Lauren Goode, Organizations: Fox News, Elon, Service, Wired, Buying Fox News, Business
CNN —The National Oceanic and Atmospheric Administration confirmed on Monday it is investigating Robert F. Kennedy Jr. for allegedly decapitating a dead whale carcass and transporting it home two decades ago. A spokesperson for NOAA confirmed to CNN on Monday that Kennedy is under investigation for the incident. “It is long standing NOAA practice not to comment on open investigations,” the spokesperson said. In the interview, Kennedy’s daughter recalls her father using a chainsaw to cut off the head of a dead whale carcass on the beach near their Cape Cod family home and driving the whale’s head back to New York. Following the story gaining attention on social media, the Center for Biological Diversity Action Fund called for NOAA to investigate Kennedy over the incident, arguing his actions could have jeopardized scientific research.
Persons: Robert F, Kennedy Jr, Kennedy, Kennedy’s, Kathleen “, ” Kennedy, Organizations: CNN, Atmospheric Administration, National Marine Fisheries Services, NOAA, Country Magazine, Center for Biological Diversity Locations: Arizona, Cod, New York, East Coast
Dave Bautista says he lost about 75 pounds from "training hard" and eating 2,500 calories a day. While weight loss happens during a calorie deficit, calorie counting may not be for everyone. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDave Bautista, 55, says his 75-pound weight-loss journey comes from "training hard" and restricting his calorie intake.
Persons: Dave Bautista, , Chris Van Vliet, Bautista Organizations: Service, WWE, Business
Washington CNN —It’s a pivotal week for the US economy, with the Federal Reserve expected to cut interest rates for the first time since 2020. Fed officials and investors have long anticipated that borrowing costs would come down in 2024 — at some point — according to their economic forecasts. But nine months in, rate cuts still haven’t happened, drenching Wall Street’s parade and leaving US consumers squeezed by elevated interest rates. Here’s why the Fed didn’t cut soonerIt’s simple: The Fed didn’t cut interest rates sooner because it could have reignited inflation or left it stuck above the central bank’s target. Bond yields, which move in anticipation of the Fed’ decisions on rates, have come down over the past several weeks based on signs encouraging the Fed to cut rates, such as weaker-than-expected employment data and cooling inflation.
Persons: Washington CNN — It’s, it’s, ” Oscar Muñoz, ” Muñoz, Jerome Powell, Powell, Donald Trump, Joe Biden, “ Jerome Powell’s, ” Philipp Carlsson Organizations: Washington CNN, Federal Reserve, Fed, Wall, TD Securities, CNN, Kansas City, Capitol, White, Boston Consulting Group Locations: , Jackson Hole , Wyoming
CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. CNBC's Sarah Min breaks down how a rate cut could affect the S&P 500 . Welcome to U.S. rate cut week! But given that the rate cut has been so clearly telegraphed by the Fed, it's hard to imagine it not happening. This cut might not be big in terms of basis points, but it will be big in what it signals to markets.
Persons: It's, Sarah Min, Biden, Donald Trump, Rafael Barros, Cat Stevens, Aditya Bhave, CNBC's Pia Singh, Hakyung Kim, Brian Evans Organizations: Eccles Federal Reserve, CNBC, U.S . Federal Reserve, Discount, China's National Bureau, Statistics, Republican, Federal Bureau of Investigation, Secret Service, U.S, Federal, Fed, Bank of America U.S Locations: Washington , DC, Florida, U.S
Netflix renewed "Emily in Paris" for a fifth season just days after fully releasing season four. As a fan of the show, I've visited seven of its iconic locations while in Paris. From Emily's apartment to Gabriel's restaurant, here's how reality stacked up with the show. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy .
Persons: Emily, I've, , Emily Cooper's Organizations: Netflix, Service, Business Locations: Paris, Gabriel's
The startup, Smartcat, just raised $43 million in Series C funding led by New York-based VC firm Left Lane Capital with Lead Edge Capital also participating. Smartcat previously raised a $4.5 million seed round in 2017, a $7 million Series A in 2018, and a $15 million Series B in 2020, according to PitchBook data. VC investment in AI startups is continuing to go gangbusters, topping out at a whopping $24 billion in the second quarter of 2024 — the biggest quarter for AI funding in recent years, according to Crunchbase. AdvertisementWhile some consumer and healthcare AI startups have raised eye-popping rounds, the tech is creating plenty of opportunities in the B2B space. Check out the six-slide presentation Smartcat used to raise $43 million in Series C funding.
Persons: , Smartcat, Ivan Smolnikov, Smolnikov Organizations: Service, Left Lane, Lead Edge Capital, Marbruck Investments, Chrome, Business Locations: New York, Koro, Smartcat
United Airlines will soon offer free WiFi via Elon Musk's Starlink service on all its flights. United is the latest airline to use Starlink, after Hawaiian airlines and regional carrier JSX. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUnited Airlines is turning to Elon Musk's satellite service to offer free WiFi on its flights. The airline announced on Friday it had struck a deal with SpaceX and will soon provide free WiFi on all its aircraft using the company's satellite internet provider, Starlink.
Persons: Elon Musk's, , United Organizations: Airlines, Elon, JSX, Service, SpaceX, Business Locations: Elon
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. I spent the next three years with the company in India, then moved to the company's office in Dubai for two years, and then to Amsterdam. I enjoyed being done with work by 5 or 6 p.m. and having the rest of the day to myself. I'd been watching India's growth since I left and felt like I had missed the boom by leaving in 2014. I also felt like there was no career growth for me in Europe.
Persons: , Sarvesh Rajagopal, it's, I'd, I'm Organizations: Service, United Arab, McKinsey, Business, ING, Indian Institute of Management Locations: United Arab Emirates, Netherlands, Germany, India, Dubai, Amsterdam, Berlin, Europe, Ukraine, Latin America
Growing up, I remember my parents using coupons and rain checks, and comparing supermarket ads to find the cheapest options. This is in stark contrast to the way I parent, where my son is an active learner. Related storiesI'm teaching my kids financial literacyI learned minimally about financial literacy but was determined to teach my kids more; I purchased a worksheet by "Teach Kids Money" to teach my son about delayed gratification. Teaching my kids all of these techniques makes me feel guilty, as if the way I parent is a criticism of how my parents raised me. AdvertisementI'm letting the guilt go by embracing the way my parents raised me and enhancing it by providing my children with what I didn't have.
Persons: , I'm Organizations: Service, Business, Target
The suspect in an apparent Trump assassination attempt has been charged with two federal gun crimes. Officials say his cell phone was in the vicinity of Trump's West Palm Beach golf club for 12 hours. Suspect Ryan Wesley Routh faces a maximum of 20 years in prison. Go to newsletter preferences Thanks for signing up! Details on Ryan Wesley Routh's whereabouts in the half-day before he was apprehended on Sunday were released by federal prosecutors as the 58-year-old man made his first court appearance.
Persons: Trump, Ryan Wesley Routh, , Donald Trump, Ryan Wesley Routh's Organizations: Service, Palm, Secret Service, Business Locations: Palm Beach
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