SpaceX's Starlink awarded Pentagon contract for supplying satellites to Ukraine
The Pentagon awarded SpaceX's Starlink a contract that will allow it to buy satellites for Ukraine, which has used Starlink since Russia's invasion to maintain lines of communication.
Banking crisis caused US bank deposits to fall even as insured deposits rose: FDIC
The FDIC's quarterly banking report found that total deposits in U.S. banks declined as uninsured deposits were withdrawn even as insured deposits rose amid the banking crisis.
Amazon agrees to settle Alexa and Ring privacy violation lawsuits for $30 million
Amazon agreed to settle two lawsuits with the Federal Trade Commission on Wednesday for about $30 million, regarding privacy issues with Alexa assistant and Ring doorbell.
Number of billionaires worldwide falls, collective wealth dips
The global billionaire population declined last year according to the latest Billionaire Census, but the United States still holds far more than any other country.
Mooney unveils bill to block central bank digital currency pilot program
Rep. Alex Mooney introduced the Digital Dollar Pilot Prevention Act on Thursday in the latest effort to block a central bank digital currency from being issued in the U.S.
Consumer demand for new cars and homes is why a modest recession is possible: Fannie Mae
Fannie Mae has forecasted a recession in 2023 since last April and said the tightening in credit lending would likely lead to slower future business investment this year.
Arby's employee found dead in freezer had 'beat her hands bloody' trying to escape, lawsuit says
The family of an Arby's employee who was found dead inside a walk-in freezer at a Louisiana restaurant is suing the owners for wrongful death and gross negligence.
Biden admin reviewing whether to lift tariffs on imports from China
The Biden administration is in the middle of a review of tariffs on a variety of imported goods from China. A decision could be made before the end of the year.
Debt ceiling vote, Nvidia’s new AI chips, jobs report top week ahead
Debt ceiling vote, jobs and housing data and Elizabeth Holmes expected to report to jail to serve her 11-year sentence for fraud.
US 'won't tolerate' China's ban on chipmaker Micron
Commerce Secretary Gina Raimondo said the U.S. "won't tolerate" China's move to ban Micron's chips from critical infrastructure in China over vague national security concerns.
Apple and Fintiv to negotiate potential settlement of patent infringement claims for Apple Pay, Apple Wallet
Apple and Fintiv will participate in a court-ordered settlement conference in early June in an effort to settle Fintiv's patent infringement claims against Apple.
Lululemon employees fired after chasing robbers out of store: report
Two Georgia Lululemon employees, including an assistant manager, were fired after taking video and calling 911 on suspected robbers at their metro Atlanta area location.
JPMorgan, US Virgin Islands trade allegations over enabling Jeffrey Epstein's sex trafficking of girls
JPMorgan Chase and the U.S. Virgin Islands are battling in court over allegations of condoning Jeffrey Epstein's sex trafficking of young girls.
Congress must fight for train safety and not get railroaded by unions
Congress must fight for train safety and not get railroaded by unions. Democrats are battling for more jobs, not to improve train safety for riders and communities.
US Navy victim of Chinese state-sponsored hackers, secretary says
The U.S. Navy was impacted by the Chinese state-sponsored hacking campaign detected by Microsoft on Wednesday, Navy Secretary Del Toro revealed on CNBC.
Michelin sells Russian division, exits country amid war
French tire manufacturer Michelin has sold off its assets and business operations in Russia to Power International Tires, officially exiting the market.
US consumer spending jumped in April and inflation accelerated
Inflation remains stubborn despite the Fed's 10 rate hikes creating more uncertainty about the whether policymakers will pause at their June meeting.
Terrifying video shows South Korea plane door open during flight; man in custody
A passenger on Asiana Airlines Airbus A321 in South Korea opened the emergency exit doors, initiating a blast of powerful winds that affected others.
Costco CFO says company has been 'fortunate' to avoid theft
Costco CFO Richard Galanti said Thursday during the company's third-quarter earnings call the company has been "fortunate" regarding theft.
Biden administration holds first onshore oil and gas lease sale in 11 months after repeated delays
The Department of the Interior held its first oil and gas lease sale in 11 months despite a federal statute requiring the agency to hold more regular auctions.



















