Business news
- Southwest CEO says airline 'actively pursuing' network of airport lounges - Southwest's CEO said the carrier is weighing a network of airport lounges
- Rivian turns to AI, autonomy to woo investors as EV sales stall - Rivian is under pressure to deliver future growth potential for investors and expand its customer base amid slowing sales of electric vehicles.
- ‘Greetings, earthlings’: Nvidia-backed Starcloud trains first AI model in space as orbital data center race heats up - The company's Starcloud-1 satellite is running Gemma, an open model from Google, marking the first time in history that an LLM has been trained in outer space.
- Trump to start final Fed chair interviews beginning with Kevin Warsh - President Donald Trump will begin the final interviews of candidates for the Federal Reserve chair this week, putting back on track the formal selection process that began this summer.
- Refinance demand for FHA loans jumps 24%, as homeowners seek the most savings they can - Current homeowners are turning to government FHA loans, which offer lower interest rates, to find savings, as conventional rates turn higher.
- Australia just pulled the trigger on a teen social media ban. Governments worldwide are watching - Australia has enacted the world's first ban on social media usage for users under the age of 16, in a move expected to be monitored by global lawmakers.
- Trump slams European leaders as 'weak' — just as they're trying to impress him - Trump's criticism of Europe is jarring after the bloc stepped up efforts to support Ukraine in peace negotiations in a bid to show him that it means business.
- Delivery Hero stock jumps 6% as food delivery giant mulls strategy; European shares mixed - European stocks were mixed on Wednesday as global investors gear up for the U.S. Federal Reserve's interest rate decision.
- CEO of South Korean online retail giant Coupang resigns over data breach - Coupang said Wednesday that CEO Park Dae-jun resigned due to the data breach incident, which was revealed on Nov. 18
- CNBC's The China Connection newsletter: U.S.-China AI talent race heats up - The author of "Chip War" is worried about the U.S. losing its advantage over China in artificial intelligence talent.