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Nvidia says its AI chips don’t have a ‘kill switch’ after Chinese accusation

Nvidia says its AI chips don’t have a ‘kill switch’ after Chinese accusation

Finance News

Nvidia CEO Jensen Huang speaks to the media at a hotel in Beijing, China July 16, 2025. Alessandro Diviggiano | Reuters Nvidia on Tuesday rejected Chinese accusations that its data center GPUs for artificial intelligence include a hardware function that could remotely deactivate the chips, which is commonly called a “kill switch.” “NVIDIA GPUs do […]

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Trump says pharma tariffs could eventually reach up to 250%

Trump says pharma tariffs could eventually reach up to 250%

Business News

U.S. President Donald Trump talks to members of the press at Lehigh Valley International Airport in Allentown, Pennsylvania, U.S., August 3, 2025. Ken Cedeno | Reuters President Donald Trump told CNBC’s “Squawk Box” on Tuesday that planned tariffs on pharmaceuticals imported into the U.S. could eventually reach up to 250%, the highest rate he has

Trump says pharma tariffs could eventually reach up to 250% Read More »

Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion

Alaska Airlines to launch London, Iceland flights, debut new livery for international expansion

Business News

A sample of Alaska Airlines’ new livery for its Boeing 787-9 Dreamliners. Source: Alaska Airlines: Alaska Airlines is starting flights from Seattle to London and Reykjavik, Iceland, next May, adding to its global expansion following its acquisition of Hawaiian Airlines last year. Alaska plans to fly daily between Seattle and London’s Heathrow Airport on its Boeing 787-9

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Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S.

Business News

Piotr Swat | Lightrocket | Getty Images Yum Brands on Tuesday reported quarterly earnings and revenue that missed analysts’ expectations as Pizza Hut and KFC reported U.S. same-store sales declines. Here’s what the company reported for the period ended June 30 compared with what Wall Street was expecting, based on a survey of analysts by LSEG: Earnings per

Yum Brands earnings miss estimates as Pizza Hut, KFC struggle in the U.S. Read More »

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results

Business News

Exterior view of the Pfizer headquarters building on January 29, 2023 in New York City. View Press | Corbis News | Getty Images Pfizer on Tuesday hiked its full-year adjusted profit guidance on its cost cuts and strong business performance this year. The company also reported second-quarter results that topped Wall Street’s estimates for the

Pfizer hikes 2025 profit outlook on cost cuts, strong quarterly results Read More »

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

Business News

A window display of actress Sydney Sweeney is seen on a window of an American Eagle store on August 01, 2025 in New York City. Michael M. Santiago | Getty Images Shares of American Eagle surged more than 15% on Monday after President Donald Trump complimented the retailer’s marketing campaign with actress Sydney Sweeney. “Sydney

Shares of American Eagle surge after Trump calls Sydney Sweeney campaign ‘hottest ad out there’ Read More »

JFK airport’s .5 billion international terminal is taking shape. See what’s inside

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside

Business News

The future ticket counter at JFK’s new Terminal 1. Leslie Josephs/CNBC It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport in New York City is taking shape. Its first phase is slated to open in mid-2026. It will replace the current terminal, which opened in 1998. The

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside Read More »

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