business news

Amazon spends $2.75 billion on AI startup Anthropic in its largest venture investment yet

Amazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the…

Disney agrees to settle Florida lawsuit with special district backed by DeSantis

Disney agreed Wednesday to end litigation in state court involving a Florida special tourism district that the entertainment giant effectively…

SEC scores big win in lawsuit against crypto exchange Coinbase

Watch Daily: Monday – Friday, 3 PM ET The Securities and Exchange Commission scored a major win in its lawsuit…

Qatari royal reportedly invested $50 million in pro-Trump news channel Newsmax

Right-wing news outlet Newsmax received an investment of roughly $50 million from a Qatari royal between 2019 and 2020, The…

The UK is regulating memes about crypto and other investments to curb scams from ‘finfluencers’

Britain’s financial services regulator announced guidelines for financial services companies and social media influencers making memes about cryptocurrencies and other…

China’s Xi meets U.S. executives as businesses navigate bilateral tensions

BEIJING — U.S. business leaders met with Chinese President Xi Jinping on Wednesday, the latest of Beijing’s efforts to bolster…

Ukraine war updates: Russia says it’s ‘hard to believe’ Islamic State group behind terror attack; death toll rises to 140

This was CNBC’s live blog tracking developments on the war in Ukraine. Russian officials continue to accuse the West and…

Feds seek seizure of two New York apartments worth $14 million tied to former Mongolia leader in alleged mining scheme

Federal prosecutors on Tuesday sued to seize two New York City apartments worth $14 million that were allegedly bought with…