Timef 05/09/2025
- Chinese chipmaker SMIC shares fall nearly 7% after first-quarter revenue misses estimates cnbc.com2025-05-09 13:13:29
Shares of Semiconductor Manufacturing International Corporation, China's largest contract chip maker, fell nearly 7% after an earnings miss.
- Europe’s Wind Industry Faces Uncertainty Over Trump’s Policies nytimes.com2025-05-09 12:01:10
Not long ago, the U.S. was seen as a promising market for offshore wind. Now industry executives aren’t making any assumptions.
- China’s April exports jump 8.1% to beat estimates despite U.S. tariffs; import decline slows cnbc.com2025-05-09 11:16:49
The prohibitive levels of duties would have halted all trade flows between the world's two largest economies.
- CNBC Daily Open: Wall Street cheered U.S.-UK trade deal — London market, not really cnbc.com2025-05-09 09:18:08
Specifics of the plan were not announced, but it does seem unbalanced, at least based on the fact that a 10% tariff will remain on all U.K. imports.
- Musk-Tied Investor Clashes With One of World’s Biggest Asset Managers nytimes.com2025-05-09 05:52:33
A lawsuit accuses Brookfield Asset Management of fraud, attempted bribery and improperly limiting investments in one of Elon Musk’s companies.
- Mark Zuckerberg Envisions a Future Where Your Friends Are AI Chatbots — But Not Everyone Is Convinced entrepreneur.com2025-05-09 05:37:07
Meta CEO Mark Zuckerberg thinks AI chatbots will help supplement your social life.
- Coinbase shares fall after first-quarter revenue misses Wall Street estimates cnbc.com2025-05-09 05:35:43
Earlier Thursday, Coinbase announced plans to buy Dubai-based Deribit, in an attempt to broaden its international business.
- NBA Hall of Famer Paul Pierce Just Walked 20 Miles to Work — in a Robe. Here's Why. entrepreneur.com2025-05-09 05:20:00
The NBA legend posted his walking journey, which took about 10 hours, on social media.
- Lyft shares rise as company ups buyback to $750 million cnbc.com2025-05-09 04:41:55
Lyft shares jumped 5% after the company lifted its share buyback plan to $750 million in its first quarter earnings report.
- U.S.-U.K. Trade Deal Builds on Close Ties but Leaves Some Tariffs in Place nytimes.com2025-05-09 04:36:22
The agreement President Trump announced Thursday still needs to be finalized, but the administration said the deal with one of America’s closest allies would be the first of many.
- Palantir now among 10 most valuable U.S. tech companies — its earnings multiple is astronomical cnbc.com2025-05-09 04:17:29
After Palantir's stock surge, investors now have to pay over 520 times earnings to buy it.
- 5 Takeaways From the U.S.-U.K. Trade Agreement nytimes.com2025-05-09 04:13:40
The deal still has to be finalized, but it was hailed as a success by both countries for being the first since President Trump announced broad tariffs in April.
- Kenneth Walker, 73, Journalist Who Bared Apartheid’s Brutality nytimes.com2025-05-09 03:42:04
He shared an Emmy for his reporting on “Nightline” about South Africa’s policy of racial segregation. The National Association of Black Journalists named him journalist of the year.
- IBM Replaced Hundreds of HR Workers With AI, According to Its CEO entrepreneur.com2025-05-09 02:52:16
IBM CEO Arvind Krishna said the move led to more hiring in other areas.
- Crypto Bill Stalls in the Senate as Democrats Balk nytimes.com2025-05-09 02:33:46
Democratic supporters of the measure to regulate parts of the industry refused to allow it to move forward amid concerns in their party that President Trump and his family are profiting from cryptocurrency.
- Your Company's AI Strategy Is Probably Backwards. Here's Why — and How to Fix It. entrepreneur.com2025-05-09 02:30:00
Stop chasing AI solutions for problems you don't have.
- Trump says it is 'such an honor' that Vatican elected first U.S. pope cnbc.com2025-05-09 02:29:30
Robert Francis Prevost took the papal name Leo XIV after his election as the first American-born pope in the history of the Roman Catholic Church.
- The Top 3 Worst Business Decisions I Ever Made — and How They Turned Into the Biggest Drivers of My Success entrepreneur.com2025-05-09 02:00:00
Sometimes the mistakes we fear the most end up shaping us into who we're meant to become.
- Why The Biggest Opportunity for Young Entrepreneurs to Buy a Business Is Here — And Why You Should Act Now entrepreneur.com2025-05-09 02:00:00
Boomer-owned businesses tend to be in better financial and operational shape than others; the longer it's been in operation, the better its track record.
- Coinbase acquires crypto derivatives exchange Deribit for $2.9 billion cnbc.com2025-05-09 01:42:03
Coinbase agreed to acquire Dubai-based Deribit, a major crypto derivatives exchange, for $2.9 billion, the largest deal in the crypto industry to date.
- 5 Mistakes That Could Destroy Your Business This Year — And How to Avoid Them entrepreneur.com2025-05-09 01:30:00
Great businesses aren't built on good ideas but on great plans.
- Cardinals elect new pope as white smoke seen at Vatican cnbc.com2025-05-09 01:14:12
A huge crowd in St. Peter's Square awaited the announcement of the name of the new Roman Catholic pope.
- How I Built a 7-Figure Business in Less Than 8 Months by Making This Simple But Powerful Shift entrepreneur.com2025-05-09 01:00:00
Free up your time and unlock real growth in your business through strategic outsourcing.
- Bill Gates doubles giving to $200 billion, says philanthropists can't cover government cuts cnbc.com2025-05-09 00:48:45
The Microsoft billionaire criticized Elon Musk for his role in crucial cuts to foreign aid.
- U.S. and Britain Hail Trade Agreement but Leave Details to Be Settled nytimes.com2025-05-09 00:44:50
The agreement appeared to be more of a framework than a settled deal and eased some of President Trump’s tariffs on British goods while opening its markets.
- Here's How Much MrBeast Reportedly Spent to Wish Himself a Happy Birthday entrepreneur.com2025-05-09 00:35:00
Celebrating on X isn't cheap.
- A Kentucky Boy Mistakenly Orders Almost 70,000 Dum-Dums Lollipops nytimes.com2025-05-09 00:28:46
Holly LaFavers said she was eventually refunded $4,200 for her 8-year-old son’s order of Dum-Dums candy.
- Hope and Anxiety Share the Stage as Finance Titans Converge on L.A. nytimes.com2025-05-09 00:15:15
At the Milken Institute conference, a who’s who of finance and corporate America, there was a mix of emotions about financial markets and the economy.
- Trump says he's pulling nomination of Ed Martin for top D.C. federal prosecutor cnbc.com2025-05-09 00:12:39
Martin is the second Trump nominee in as many days to be pulled after it appeared they would not have the Senate votes to be confirmed.
- The Fed Could Be on Hold Until September, Economists Say nytimes.com2025-05-09 00:09:00
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.
- Trump says 10% is floor for tariffs; 'Some will be much higher' cnbc.com2025-05-08 23:57:57
President Trump said the United Kingdom treated the U.S. with "respect," suggesting other nations that didn't will see higher baseline tariffs in trade deals.
- 'An Incredibly Hard Decision': OpenAI Taps Instacart CEO to Oversee ChatGPT entrepreneur.com2025-05-08 23:57:13
Instacart CEO Fidji Simo will soon be in charge of OpenAI's core applications business, including ChatGPT.
- Bitcoin jumps above $100,000 for first time since February cnbc.com2025-05-08 23:56:09
Bitcoin hit its highest level since February after President Donald Trump said the U.S. has reached a trade agreement with the United Kingdom.
- I Run My Business Using Aviation Rules — Here's What Flying Taught Me About Leadership entrepreneur.com2025-05-08 23:30:00
What flying taught me about leadership, decision-making and scaling a business — and why thinking like a pilot can help you navigate uncertainty with precision and calm.
