Boeing’s new outsider CEO Ortberg takes the helm, this time from the factory floor
Robert “Kelly” Ortberg, an aerospace veteran who previously headed major supplier Rockwell Collins, takes over from Dave Calhoun on Thursday.
Amazon’s $4 billion investment in AI firm Anthropic faces UK merger investigation
Amazon’s multibillion-dollar investment into U.S. artificial intelligence frim Anthropic is formally being investigated by U.K. competition regulators.
Deliveroo shares jump 10% after posting first-ever profit on ‘inflection’ in consumer demand
Deliveroo made a net profit of £1.3 million ($1.7 million) in the six months through June, bouncing from a loss last year.
As disinformation spreads during UK riots, regulators are currently powerless to take action
Online disinformation has led to real-world violence in the U.K., but a key regulator finds itself unable to take effective enforcement actions.
A powerful earthquake hits off southern Japan; a tsunami advisory issued
A powerful earthquake struck off Japan’s southern coast on Thursday, triggering a tsunami advisory.
Siemens earnings beat estimates on strong demand for electrification, software
German industrial technology giant Siemens on Thursday posted better-than-expected quarterly operating profit and confirmed its full-year outlook.
3,000 evacuated, state of emergency declared after Ukraine’s raid into Russia
A state of emergency has been declared in Kursk following a Ukrainian incursion into the Russian border region.
CNBC Daily Open: Wall Street rebound fizzles out
Wall Street’s comeback attempt fizzles out. JPMorgan’s Dimon sees recession ahead. Warner Bros. sinks on $9.1 billion write-down.
Italy looks like fertile ground for a mega merger deal in banking
Years after a debt crisis in the region and a government rescue for Banca Monte dei Paschi, analysts are looking at Italy’s banking sector with fresh eyes.
S&P 500 notches its best day since 2022 as Wall Street claws its way back from Monday’s rout: Live updates
Stocks climbed Thursday after new labor market data boosted investors’ confidence in the U.S. economy following a sharp market sell-off earlier in the week.
