timef 02/24/2025
- Starbucks to lay off 1,100 corporate workers as sales sag cnbc.com2025-02-24 22:35:45
Starbucks made the layoff announcement after four straight quarters of falling same-store sales.
- Robinhood says SEC dismissed crypto unit investigation in latest sign of easier regulation for industry cnbc.com2025-02-24 21:09:35
The Securities and Exchange Commission is dropping its investigation into Robinhood's crypto arm, the company said Monday.
- 'Uphill battle' ahead: Trump, business leaders and economists react to German election result cnbc.com2025-02-24 20:33:37
As a new chapter in German politics begins on Monday following the federal election at the weekend, there's a distinct feeling of déjà vu in Berlin.
- Apple to open AI server factory in Texas as part of $500 billion U.S. investment cnbc.com2025-02-24 20:28:54
Apple said it will work with partners to open a 250,000-square-foot AI server manufacturing facility in Houston, Texas.
- Voters flock to political extremes in Germany as the centrist parties stumble cnbc.com2025-02-24 19:03:36
Both the far-right Alternative fuer Deutschland and the far-left Die Linke saw significant gains and were the most popular parties among young people.
- Germany's conservatives declare victory in Berlin. Now the hard work begins cnbc.com2025-02-24 16:15:30
A conservative alliance made up of the CDU and CSU is set to lead Germany again, but the new coalition government will have to confront pressing challenges.
- Europe's luxury sector is showing signs of revival — but China weakness and tariff threats loom cnbc.com2025-02-24 15:32:25
The sector had an upbeat earnings season. But continued weakness in China and U.S. tariffs could leave even the most exclusive brands vying for share of pocket.
- CNBC Daily Open: Europe's relationship with the U.S. in focus after German election cnbc.com2025-02-24 15:30:01
"It is clear that this [the U.S.] government does not care much about the fate of Europe," says Friedrich Merz, who is set to be Germany's next chancellor.
- Tech investor Prosus to buy Just Eat Takeaway.com for $4.3 billion cnbc.com2025-02-24 14:25:20
Just Eat Takeaway.com is poised to be acquired by Dutch technology investor Prosus in a deal worth roughly 4.1 billion euros ($4.3 billion).
- DeepSeek has stoked a rotation out of India stocks into Chinese equities — but experts advise caution cnbc.com2025-02-24 13:22:32
Chinese stocks, led by a tech rally, have been on a tear since the release of DeepSeek's R1 model that challenged the U.S.-led AI ecosystem on costs and performance.
- Singapore inflation climbs at the slowest rate since February 2021 cnbc.com2025-02-24 13:19:43
Core inflation in the country rose by 0.8% year on year, down from December's 1.8% rise and below the 1.5% growth expected.
- China's latest action plan shows it's trying to boost foreign investment amid geopolitical tensions cnbc.com2025-02-24 10:06:48
China is trying yet again to boost foreign investment, amid geopolitical tensions and businesses' calls for more concrete actions.
- CNBC Daily Open: Europe-U.S. relationship takes center stage cnbc.com2025-02-24 09:49:57
The relationship between Europe and the U.S. is one of the world's longest alliances, and yet it has never been more closely watched than the past month.
- Startup founders are turning to 'seed-strapping' in a difficult funding environment cnbc.com2025-02-24 07:18:55
Seed-strapping is the "Goldilocks version" of bootstrapping and venture capital, Josh Payne of OpenSky Ventures tells CNBC.
- Germany's conservatives win federal election, exit polls show cnbc.com2025-02-24 01:14:04
The Christian Democratic Union and its allied Christian Social Union secured the largest share of votes in the German federal election, exit polls show.
- Chinese medical devices are in health systems across U.S., and the government and hospitals are worried cnbc.com2025-02-23 23:41:05
Chinese-made medical devices are found in almost every corner of the medical ecosystem, from hospitals to clinics, and the government is getting more concerned.
