CNBC US News
FTC orders Illumina to divest $7.1 billion acquisition of cancer test developer Grail
The decision reverses an administrative judge's ruling that dismissed the FTC's initial challenge of Illumina's $7.1 billion Grail deal.
McDonald's closes corporate offices as it lays off hundreds of workers
McDonald's had said in January that it would cut jobs as part of a broader restructuring.
Pro-Ron DeSantis super PAC says it raised $30 million in recent weeks
DeSantis is widely expected to announce his Republican presidential primary plans in the coming months and potentially become Trump's top challenger.
Starbucks union pressures board members with billboards, posters – and a butter sculpture
Starbucks union targeted the CEOs of Nike and Land O'Lakes, and Lego's chairman, all of whom are members of the Starbucks board, with attention-grabbing stunts.
NASA unveils the four astronauts who will fly on the Artemis 2 mission around the moon in 2024
Artemis II will launch on NASA's Space Launch System rocket, with the Orion capsule carrying the astronauts on a 10-day journey to the moon and back.
Home prices suddenly jump after several months of declines
After falling since last summer, home prices suddenly turned higher due to lower mortgage rates.
Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign
Starbucks fired the employee responsible for igniting the Starbucks Workers United union campaign.
Tesla reports 422,875 deliveries for first quarter of 2023
Tesla just posted its first-quarter vehicle production and deliveries report for 2023.
Former Arkansas Gov. Asa Hutchinson announces 2024 presidential bid, says Trump should drop out of race
Former Arkansas Gov. Asa Hutchinson is running for the 2024 Republican presidential nomination.
U.S. cities are filling up with luxury apartments despite 'housing recession'
U.S. real estate developers, facing large costs, regularly target high-income earners despite demand for affordable housing.
San Francisco Fed leader Daly likely not a major player in SVB saga, officials say
San Francisco Fed President Mary Daly's district oversaw the second-largest bank failure in U.S. history.
Here's what went wrong with Virgin Orbit
Virgin Orbit is on the brink of bankruptcy after last-ditch efforts to secure funding failed.
Google founder, former Disney exec to get subpoenas in JPMorgan Epstein lawsuit
The U.S. Virgin Islands is suing JPMorgan Chase over sex trafficking by former customer Jeffrey Epstein, a one-time friend of Donald Trump and Bill Clinton.
Social Security trust funds depletion date moves one year earlier to 2034, Treasury says
New estimates for the depletion dates for Social Security and Medicare benefits released on Friday prompted retirement experts to urge Congress to take action.
Millions will start losing Medicaid coverage as Covid safety net is dismantled
As many as 15 million people stand to lose Medicaid coverage as safety net expansions implemented during the Covid pandemic are dismantled.
Sen. Elizabeth Warren says she wants to make banking boring again
Sen. Elizabeth Warren told CNBC that the problem started under the Trump administration, when bank CEOs lobbied for Congress to weaken regulation.
Biden administration appeals Texas court decision striking down free Obamacare coverage of preventive care
The types of preventive services covered under Obamacare can range from screenings for certain types of cancers to HIV prevention drugs.
Tesla issues recall on Semi over defective brake module, rollaway risk
Tesla has issued a voluntary recall on the Semi, a first since the company began deliveries of the heavy-duty electric trucks to customers in December 2022.
California to require half of all heavy trucks sales to be electric by 2035
The Biden administration's waiver comes after California last year banned the sale of new gasoline-powered vehicles starting in the same target year of 2035.
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