Supreme Court revives lawsuit involving a multi-million-dollar French painting, Nazis and Spanish museum
The U.S. Supreme Court resurrected a lawsuit over the ownership of a French painting that a Jewish woman surrendered to the Nazis.
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Florida taxpayers could face a $1 billion Disney debt bomb if its special district status is revoked
The Florida legislature on Thursday cleared a bill that would dissolve Disney's special improvement district, effective June 2023.
Obama calls for tech regulation to combat disinformation on social media
Former President Barack Obama said on Thursday that tech "platforms seems to be tilting us in the wrong direction."
SpaceX signs first Starlink inflight Wi-Fi deal with charter carrier JSX
SpaceX signed its first deal to add Starlink satellite internet to an air carrier's fleet of planes with semi-private charter company JSX
Snap reports ‘challenging’ quarter that missed sales and profit estimates
Snap reported first-quarter results on Thursday after the bell.
Carl Icahn calls out Wall Street 'hypocrisy' over ESG investing in letter to McDonald's shareholders
Carl Icahn is engaged in animal-welfare battles with McDonald's and Kroger to push them to require U.S. suppliers to move to "crate-free" pork.
Starbucks' union battle is getting aggressive and expensive, and Wall Street is backing away
Starbucks shares have fallen 12% since Howard Schultz took the reins on April 4.
American forecasts second-quarter profit on soaring travel demand, airline stocks rally
American expects to fly as much as 94% of its 2019 second-quarter schedule, more than competitors Delta Air Lines and United Airlines.
Treasury yields jump after Fed's Powell hints a 50-basis-point rate hike for next month
U.S. Treasury yields climbed on Thursday, with Federal Reserve Chairman Jerome Powell due to make speeches later in the day.
White House sees strong GDP growth in 2022 despite inflation risks
The White House sees more risks to U.S. GDP growth in the months ahead due to rising prices, but still expects healthy expansion in 2022.
Apple spent more than it ever has on lobbying as antitrust threats loom
The increased spending reflects, in part, mounting pressure on Apple in Washington and abroad as it faces the prospect of greater regulation.
Amazon launches $1 billion fund to invest in warehouse technologies
The first round of investments is going to companies working on technologies that can speed up deliveries and improve warehouse workers' safety.
Watch Fed Chairman Jerome Powell speak live at IMF debate
Federal Reserve Chairman Jerome Powell speaks Thursday on a panel presented by the International Monetary Fund. CNBC's Sara Eisen will moderate the talk.
Meta COO Sandberg reportedly tried to block news story about Activision CEO Kotick
Facebook is now reviewing whether Sandberg violated its rules, unnamed sources told The Wall Street Journal.
CDC panel skeptical of fourth Covid shots for broader population, says U.S. needs clear vaccine strategy
Several committee members said boosting people every four to six months in an effort to prevent Covid infection is not an achievable public health goal.
Earth-imaging specialist Planet details more powerful line of Pelican satellites
Planet expects to begin launching the Pelican satellites in early 2023, with the constellation consisting of up to 32 spacecraft.
HBO grows to nearly 77 million total subscribers as Netflix reports a decline
Earlier this week, Netflix reported its first subscriber loss in more than a decade.
Weekly jobless claims total 184,000, just above expectations in tight labor market
Initial jobless claims last week were a bit higher than expected but still reflective of a labor market where employers are loathe to fire workers.
Amazon opens up Prime delivery service to other retailers in its latest move to compete with FedEx and UPS
Buy with Prime enables third-party retailers to take advantage of Amazon's vast shipping and fulfillment network for orders placed on their own site.
Why GM is getting into electric boats
Everything is going electric, including boats. GM recently invested $150 million in one start-up and several others are also developing electric watercraft.
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