A still from Warner Bros. Discovery Blade Runner 2049 trailer. Source: Warner Bros. Pictures Elon Musk, his car company Tesla and Warner Brothers Discovery were sued Monday over their alleged artificial intelligence-fueled copyright infringement of images from the film “Blade Runner 2049” to promote Tesla’s robotaxi concept. The lawsuit by the movie’s producer, Alcon Entertainment, … Read more
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The United Nation’s Refugee Agency (UNHCR) has said it is “deeply concerned” by news that four refugees were returned to Turkey from Kenya. The refugees were repatriated at the request of the Turkish government, Kenya’s foreign ministry says. The statement comes after reports of several people being abducted in the capital city, Nairobi, on Friday. … Read more
Former President Donald Trump‘s tax reform ideas could offer total or partial income tax exemptions to roughly 93.2 million Americans, or just under half of the U.S. electorate, according to CNBC’s analysis of several estimates. As part of his economic pitch to voters, Trump has floated a sweeping tax overhaul, including a slate of income … Read more
Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capital Corp IV in New York City, New York, July 26, 2021. Andrew Kelly | Reuters DETROIT — Investors misinterpreted a public offering last week by … Read more
White House National Security Council spokesman John Kirby told reporters on Monday that the United States is monitoring reports that North Korean soldiers are “deploying to Russia” to fight in Ukraine. “We’re obviously continuing to look into those reports,” Kirby said. “We’re talking to our allies and partners about what they’re saying on this as … Read more
Former President Donald Trump‘s campaign plans would significantly accelerate the already-fast-approaching date when Social Security is projected to run out of money, a nonpartisan budget group said Monday. Trump’s agenda would make the popular government program, relied upon by millions of American seniors, insolvent in six years — shrinking the current timeline by a third, … Read more
The precious metals complex has seen strong performance this year, with gold returning 32% year-to-date and silver returning nearly 40%. Long-term bullish trends are intact for each commodity, but silver looks more actionable in the near term from a technical perspective. While silver has produced strong returns this year, it does not appear overextended when … Read more
The University of Chicago Booth School of Business. Courtesy: The University of Chicago Booth School of Business. A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Top universities are tapping into the … Read more
Check out the companies making headlines in midday trading: Boeing — The stock climbed 3%. The aircraft maker reached a new contract proposal with its machinists’ union, which could end a strike that has been going on for more than a month. The ratification vote is set for Wednesday. Warby Parker — The eyeglass maker … Read more