Macron: French AI boom could help EU close tech innovation gap with U.S. and China
“It’s insane to have a world where the big giants just come from China and the U.S,” French President Emmanuel Macron told CNBC’s Andrew Ross Sorkin.
Auto insurance rates are jumping the most since the 1970s, but there could be relief soon
Soaring auto insurance costs have been a principle driver behind inflation over the past year, but there could be relief on the way.
Warner Bros. Discovery’s NBA rights offer could put it in competition with Amazon, not NBC
Warner Bros. Discovery may be more interested in going after an NBA package earmarked for Amazon than on games slated for NBCUniversal, sources say.
Boeing expects a 2024 cash burn, slow recovery of airplane deliveries amid crisis, CFO says
Boeing’s aircraft deliveries won’t recover in the second quarter from the first, as the manufacturer deals with a host of production challenges, its CFO said.
Supreme Court rules for GOP in South Carolina redistricting case
Civil rights groups argued that Republican Rep. Nancy Mace’s district was redrawn by unlawfully removing thousands of Black voters.
Does college still pay? Workers without a degree are doing better than they have in years, report finds
Just when many young adults are questioning the value of a four-year college, economic outcomes for workers without a degree are improving, a new report finds.
Tornado causes havoc in Texas as record-breaking heatwave looms
The city of Temple, northeast of Austin, declared a state of emergency and opened a shelter for displaced people after a twister caused widespread devastation.
Amazon cloud boss Matt Garman inherits business under pressure to keep pace in AI
Adam Selipsky’s three-year tenure at the helm of Amazon Web Services coincided with slowing growth and an increasingly competitive landscape in AI.
Nvidia shows no signs of AI slowdown after over 400% increase in data center business
Nvidia finance chief Colette Kress told investors on Wednesday that cloud providers were seeing an “immediate and strong return” on investment.
JetBlue, British Airways seek partnership to expand networks
JetBlue, British Airways need DOT approval for the code-sharing agreement, which would allow the airlines to sell seats on each other’s flights.
