Business news
- Asia-Pacific markets trade mixed as investors await Bank of Korea decision - Asia-Pacific markets traded mixed as investors awaited a policy decision from the Bank of Korea.
- Vance breaks Senate tie, votes to block Venezuela war powers resolution - Vice President JD Vance's tie-breaking vote on Wednesday blocked a resolution intended to halt President Donald Trump from using the military in Venezuela.
- Elon Musk's xAI probed by California DOJ over Grok's deepfake explicit images - Musk's Grok AI chatbot faces investigations from India, Malaysia, Indonesia, Ireland, Australia, the UK and France as well.
- Trump administration clears way for Nvidia H200 chip sales to China with a 25% surcharge - The H200's performance has been exceeded by two generations of Nvidia chips currently in production, the Blackwell and Rubin.
- Oil falls nearly 2% after Trump signals he could hold off on attacking Iran - Trump told reporters in the Oval Office that "we've been told that the killing in Iran is stopping. It's stopped. It's stopping, and there's no plan for executions."
- Stellantis CEO: 2026 is the ‘year of execution’ as Wall Street awaits turnaround strategy - Stellantis CEO Antonio Filosa views 2026 as an execution year for the embattled automaker following years of sales declines in the U.S.
- Under threat from Trump, Wall Street banks wager they can fend off credit card price controls - Five days after Trump's demand to cap credit card rates, bankers and lobbyists told CNBC they have yet to receive any formal or written guidance on the policy.
- LIVE: Officials from Denmark and Greenland hold news conference after U.S. talks - Officials from Denmark and Greenland held a news conference after meeting with Trump administration officials.
- Google launches Personal Intelligence feature in Gemini app, challenging Apple Intelligence - Google has been bolstering its AI offerings as it takes on OpenAI, and is now going directly at Apple.
- Musk says Tesla is moving Full Self-Driving to a monthly subscription - Tesla is lagging Waymo in autonomous mobility as the Alphabet-owned driverless car service topped 450,000 paid weekly rides in December.