T. rex fossil sells for record $50.1 million at Sotheby’s
The specimen known as Gus exceeded its presale estimate and surpassed the 2024 auction record set by a Stegosaurus skeleton.
By Sarah Jenkins 1 month agoSection
Markets
Palihapitiya warns AI usage costs could pressure corporate earnings
The Social Capital founder told CNBC that executives may be underestimating employee AI consumption as token-based bills rise.
By Amanda Ross 1 month ago
Buffett speeds Berkshire share gifts with 2034 target
Warren Buffett is donating nearly $6 billion of Berkshire shares to four family foundations and plans to give away the rest by Dec...
By Sarah Jenkins 1 month ago
Cramer rejects Apple downgrade and favors Intel after Arm selloff
CNBC’s Jim Cramer said KeyBanc’s Apple concerns were speculative and pointed to Intel as Arm shares fell on a downgrade tied to fo...
By Marcus V. Thorne 1 month ago
TerraFirma raises $115mn for remote-operated construction equipment
The SpaceX alumni-led startup plans to add 300 staff and build a Texas factory as it develops construction systems for Earth and,...
By Amanda Ross 1 month ago
Barrett cites elevated risks to judges in Supreme Court budget hearing
Justice Amy Coney Barrett told House appropriators that threats against federal judges are high as the Supreme Court seeks 2027 bu...
By Amanda Ross 1 month ago
Scott seeks Fed testimony on AI data centers and utility costs
Senate Banking Chair Tim Scott said he wants Kevin Warsh to address AI data centers when the Fed chair appears before his panel We...
By Amanda Ross 1 month ago
Frontier to add Starlink Wi-Fi as budget carriers upgrade cabins
Frontier says its first Starlink-equipped Airbus jet will enter service in early 2027, joining four other low-cost airlines in a w...
By Marcus V. Thorne 1 month ago
United to sell extra-legroom rows with blocked middle seats
United says the paid option will debut on Airbus A321XLR aircraft, adding another cabin upsell as airlines split fares into narrow...
By Sarah Jenkins 1 month ago
DeepMind chief urges U.S.-led body to test advanced AI models
Demis Hassabis proposed a federally overseen public-private AI standards body as Washington weighs security risks and competition...
By Marcus V. Thorne 1 month ago
TikTok defends teen safeguards as EU weighs social media age limits
TikTok says it has more than 50 default protections for users under 16 as Brussels considers tighter rules on children’s access to...
By Sarah Jenkins 1 month ago
Warsh tells Congress Fed will press inflation fight as AI spending rises
The Fed chair said monetary policy must restore price stability while data-center and AI investment support a resilient U.S. expan...
By Sarah Jenkins 1 month ago