LONDON — Kate, Britain’s Princess of Wales, on Friday revealed she has been diagnosed with cancer and is undergoing chemotherapy. In a video statement released Friday, she said that she had undergone major abdominal surgery in London in January, saying that it was initially thought her condition was noncancerous. “The surgery was successful. However, tests after … Read more
Brand new Dodge Charger cars are displayed on the sales lot at Hilltop Chrysler Jeep Dodge Ram on August 17, 2022 in Richmond, California. Justin Sullivan | Getty Images The parent company of Chrysler and Dodge is recalling a total of 318,000 vehicles over airbag parts that can potentially shatter and cause injury. The parent, … Read more
Apple CEO, Tim Cook, testifies before the Senate Homeland Security and Governmental Affairs Committee’s Investigati Getty Images The U.S. Department of Justice sued Apple on Thursday, accusing it of using the iPhone’s market power to cut off rivals, kicking off a multiyear process involving hundreds of lawyers and threatening Apple’s “walled garden” business model. If … Read more
French planemaker Airbus is “not happy” about the multitude of problems facing its U.S. rival Boeing, according to its chief financial officer. “We’re not happy with the issues that our competitor’s having. I think it’s not helpful for the industry, and if it’s not helpful for the industry, it’s not helpful for Airbus,” Thomas Toepfer … Read more
Vodafone announced plans to cut 11,000 jobs as part of a turnaround plan from the company’s newly-appointed CEO Margherita Della Valle. Paul Hanna | Bloomberg | Getty Images The U.K.’s Competition and Markets Authority on Friday said Vodafone’s proposed merger with rival CK Hutchison will face an in-depth probe, unless the two mobile operators provide … Read more
Shoppers enticed by Costco’s $1.50 hot dog and soda combo, which has stayed the same price since 1985, but not by the wholesale store’s $60 annual membership fees may be out of luck — the company is making its food court “members only.” And there are reports that Costco is already taking steps to enforce … Read more
Reddit power users who participated in the company’s IPO made millions of dollars as a group in profits after the stock’s big jump in its first day on the market. While Redditors interviewed by CNBC ahead of the offering said they were skipping out on the IPO due to concerns about the business and the … Read more
Heli-skiing on virgin snow in Antarctica for a cool $2.2 million. A polar bear safari in an “off-limits” area of Norway’s Svalbard for $300,000. How about tracking snow leopards in the Himalayas with renowned explorers for $100,000? Big-ticket travel experiences like those are indicative of the “quiet luxury” trend which began in the world of … Read more
Sen. Elizabeth Warren, D-Mass., once again urged the U.S. Securities and Exchange Commission to investigate Tesla, CEO Elon Musk and the company’s board of directors over what she called, “possible misappropriation of Tesla resources and conflicts of interest arising from Mr. Musk’s dual role at Tesla and X— renamed from Twitter.” Warren, who sits on both … Read more
Reddit mascot Snoo is seen on the floor of the New York Stock Exchange (NYSE) as Reddit begins trading in New York on March 21, 2024. Timothy A. Clary | AFP | Getty Images OpenAI CEO Sam Altman says he has no equity in the $80 billion artificial intelligence startup he co-founded in 2015. His … Read more
