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Nvidia’s Jensen Huang is ‘dead wrong’ about quantum computers, D-Wave CEO says

D-Wave Quantum CEO Alan Baratz said Nvidia’s Jensen Huang is “dead wrong” about quantum computing after comments from the head of the chip giant spooked…
Investing

McDonald’s is the latest company to roll back diversity goals

Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a…
Investing

FTC chair hopes Amazon, Facebook won’t get ‘sweetheart deal’ from Trump in antitrust cases

Federal Trade Commission Chair Lina Khan said Tuesday she hopes the incoming Trump administration will not let Amazon and Facebook parent Meta off the hook from pending…
Investing

Eli Manning says ‘only one team’ he’d take an ownership stake in: The New York Giants

Former New York Giants quarterback Eli Manning would consider becoming a minority owner of his old team if the Mara family is…
Investing

Sierra Space CEO leaves as $5 billion company pushes to launch space plane

Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman Fatih…
Investing

U.S. Steel sues Biden admin, union boss after president blocks acquisition deal

U.S. Steel and the Japanese firm that had sought to acquire it are suing the Biden administration after the president announced he…
Investing

Biden blocks Japan’s Nippon Steel from $15 billion takeover of U.S. Steel

President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S. Steel by the Japanese company…
Investing

Disney to combine its Hulu+ Live TV with streamer Fubo

Disney will combine its Hulu+ Live TV service with Fubo, merging together two internet TV bundles, the companies announced on Monday. Disney will become…
Investing

Vail stock struggles as strike leads to long lines at Park City Mountain

Vail Resorts shares have dropped in recent weeks as a labor dispute roiled one of America’s most prominent skiing destinations. The Park City…
Investing

The fight over credit card swipe fees enters a new year with no end in sight

Many small businesses are breathing a bit easier as inflation has cooled and the race for workers slows. But consumers’ steady embrace…
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