Eli Lilly Biotechnology Center is shown in San Diego, California, March 1, 2023. Mike Blake | Reuters Eli Lilly on Tuesday said it will spend $5 billion to build a manufacturing facility in Goochland County, Virginia, to boost production capacity for targeted cancer drugs and other treatments — the first in a string of new…
The framework agreement for the social media platform TikTok will include new investors as well as existing investors in the platform’s Chinese parent company ByteDance, sources told CNBC’s David Faber. The deal is expected to close in the next 30 to 45 days, according to the sources, who asked not to be named because the…
U.S. President Donald Trump passes a document to Federal Reserve Chair Jerome Powell to fact-check the numbers during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. Kent Nishimura | Reuters President Donald Trump’s actions relative to the Federal Reserve amount to an effort…
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta spent billions of dollars unsuccessfully trying to make virtual reality catch on with consumers. As it shifts its metaverse bet toward…
General view of the Google headquarters in King’s Cross as the tech giant faces a 5 billion pound lawsuit in the UK for allegedly abusing its online search dominance. Sopa Images | Lightrocket | Getty Images Google owner Alphabet on Tuesday announced a £5 billion ($6.8 billion) investment in the U.K.’s artificial intelligence development, just…
Jakub Porzycki | Nurphoto | Getty Images OpenAI has hired Mike Liberatore, former finance chief at Elon Musk’s xAI, to be the artificial intelligence startup’s business finance officer, responsible for overseeing its massive infrastructure spending. Liberatore, who left xAI in July after just three months on the job, begins Tuesday, a company spokesperson told CNBC….
U.S. Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng pose during U.S.-China trade and economic talks at Santa Cruz Palace, Spain’s main foreign ministry office, in Madrid, Spain, September 14, 2025. United States Treasury | Via Reuters LONDON — European stocks moved lower at the open on Tuesday, as investors assessed developments in…
A protest banner depicting U.S. President Donald Trump at Incheon International Airport in South Korea, on September 12, 2025, after the touchdown of a plane holding hundreds of South Korean workers who were detained as part of a U.S. immigration raid at a Hyundai-LG plant in Georgia. Anthony Wallace | Afp | Getty Images U.S….
U.S. and U.K. banners are installed by engineers from The Flag Consultancy in the street outside Windsor Castle on September 12, 2025 in Windsor, England. U.S. President Donald Trump is making an official state visit to the UK from 17 to 19 September. Leon Neal | Getty Images News | Getty Images The pomp and…
U.S. President Donald Trump speaks during an event to sign a memorandum to send federal resources to Memphis, Tennessee, for a surge against local crime, in the Oval Office at the White House in Washington, D.C., U.S., Sept. 15, 2025. Jonathan Ernst | Reuters U.S. President Donald Trump on Monday said he would file a…
