timef 07/17/2025
- Swiss pharma giant Novartis bets on a breast cancer blockbuster as sales rise cnbc.com2025-07-17 21:10:05
Sales of breast cancer drug Kisqali grew 100% in the U.S. in the three months to June.
- Crypto theft is booming as criminals increasingly turn to physical attacks cnbc.com2025-07-17 20:22:16
It comes as there have been multiple headlines this year about crypto entrepreneurs and their relatives being targeted with physical violence.
- CNBC's Inside India newsletter: Musk’s India relationship moves beyond talk — but will it blossom? cnbc.com2025-07-17 15:29:21
Musk has talked about India for years. This time, the groundwork is finally being laid. The next few months will show if this is the start of something lasting.
- Sweden's Volvo Cars switches gears in the U.S. as tariffs bite cnbc.com2025-07-17 14:57:08
Volvo Cars is widely considered to be one of the most exposed European carmakers to U.S. tariffs.
- CNBC Daily Open: A flat PPI doesn't mean the U.S. is unscathed from tariffs cnbc.com2025-07-17 14:30:01
Still, we might not know the full effect of the tariffs until after Aug. 1, when the updated ones kick in.
- China's premier urges tighter price oversight as deflation pressures squeeze economy cnbc.com2025-07-17 14:08:33
Chinese Premier Li Qiang has called for tighter pricing regulation in the electric car sector as Beijing sought to rein in the cut-throat industrial price wars.
- TSMC's second-quarter profit soars nearly 61%, beating estimates as AI chip demand stays strong cnbc.com2025-07-17 13:53:19
Taiwan Semiconductor Manufacturing Company reported a near 61% year-on-year rise in second-quarter profit on strong AI chips demand.
- AI-generated music is going viral. Should the music industry be worried? cnbc.com2025-07-17 13:27:19
Experts say that as generative AI becomes more sophisticated, it's becoming harder and harder for the average listener to distinguish between human and machine.
- Construction begins on Las Vegas Sands' $8 billion 'ultra luxurious' resort in Singapore cnbc.com2025-07-17 12:59:57
The all-suite resort will have gaming facilities, a "'Skyloop" rooftop and a 15,000-seater arena to attract business travelers and global musical acts.
- CNBC Daily Open: U.S. producer prices are flat — but they don't factor in imports cnbc.com2025-07-17 09:15:05
Still, we might not know the full effect of the tariffs until after Aug. 1 when the updated tariffs kick in.
- Japan’s exports fall for second straight month with no U.S. trade deal in sight, raising recession fears cnbc.com2025-07-17 08:11:07
The decrease in exports was a reversal of the 0.5% rise expected by economists polled by Reuters, and comes amid a lack of a breakthrough in trade talks with the U.S.
- Trading in Japan's Seven & i halted after Couche-Tard withdraws $47 billion bid to acquire the retailer cnbc.com2025-07-17 08:10:46
Canadian retailer Alimentation Couche-Tard announced on Wednesday that it is pulling its $47 billion takeover offer for Japan's Seven & i Holdings.
- What happens if Trump fires Fed Chair Powell: 'This would be a mess,' analysts warn cnbc.com2025-07-17 06:20:21
Former deputy Treasury Secretary Roger Altman said he did not think Jerome Powell would agree to leave if the president asked him to.
- United Airlines issues new 2025 forecast as CEO says 'world is less uncertain' cnbc.com2025-07-17 05:15:47
United Airlines is the second of the major U.S. carriers to report results.
- Crypto regulation stumbles in Congress for a second day cnbc.com2025-07-17 05:15:33
The second attempt to advance a pair of crypto bills came after President Donald Trump intervened on Tuesday evening to get the hold-outs on board.
- OpenAI says it will use Google's cloud for ChatGPT cnbc.com2025-07-17 03:42:29
Having faced supply shortages, OpenAI will now be drawing on computing resources from CoreWeave, Google, Microsoft and Oracle.
- Expect tariff 'cascade' effect across slowing global economy, top UN official warns cnbc.com2025-07-17 02:46:47
President Trump's tariffs will affect jobs and economic stability in many countries, and result in lower global growth, according to a top UN trade official.
- Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang cnbc.com2025-07-17 01:16:04
Scale AI said it's cutting 14% of its staff weeks after Meta invested $14.3 billion in the startup and hired a number of top staffers.
