Author: Editor-In-Chief

U.S. Rep. Ro Khanna visits Ultium Cells, an electric vehicle battery manufacturing plant in Warren, Ohio.Garrett Downs | CNBCPENNSYLVANIA, OHIO and MICHIGAN — U.S. Rep. Ro Khanna was riding shotgun in a black Chevrolet Suburban hurtling down an Ohio highway. His mind was on the economy. “I do think I have the right economic vision for this country,” Khanna, D-Calif., told CNBC, taking a break from answering one of the hundreds of text messages he receives each day. “The question is just whether I will get behind someone who can help adopt it, or whether I’ll do it myself.”The Silicon Valley…

boeing Chief Executive Officer Kelly Ortberg said Wednesday that the company has met a requirement set by the Federal Aviation Administration to increase production of 737 Max aircraft to 47 aircraft per month.Ortberg said at the Bernstein conference that the company is currently deploying aircraft at a rate of 42 aircraft per month. “We passed the 47 rate cap review, so we’re now operating the line at a 47 rate per month,” Ortberg said. “It will probably take a few months to stabilize. … My guess is that interest rates will continue to rise. It may take a little longer,…

summary Five men searching for gold in a cave in Laos have been found alive after being trapped in a flooded tunnel for more than a week. A multinational team of cave divers is currently working to rescue the men, some of whom took part in the rescue of the Thai soccer team in 2018. Rescuers are faced with narrow passageways, toxic fumes from bat droppings and flooded tunnels. AI-generated summaries were reviewed by CNN editors. Hope has returned to five people trapped deep inside a flooded cave in Laos. For more than a week, they huddled in a dark,…

Abercrombie & Fitch The company said its first-quarter results on Wednesday were mixed and were lower than expected as the Middle East conflict “directly impacted” sales. Despite the challenges, the company’s stock rose about 12% in afternoon trading as it handily beat Wall Street’s earnings expectations.Abercrombie’s sales in Europe, the Middle East and Africa region fell 10% in the quarter, due to a slowdown in demand for the brand’s Hollister flag as the conflict escalated, Finance Director Robert Ball said on a conference call with analysts. Overall, company-wide net sales growth in the first quarter was down more than 0.5…

French startup Mistral AI is considering designing its own chip and may eventually develop one, CEO Arthur Mensch told CNBC.This is Mensch’s first comment on Mistral’s semiconductor ambitions, and highlights how the company is seeking to control its infrastructure as it competes with U.S. powerhouses OpenAI and Anthropic.”Of course it’s interesting,” Mensch said of the possibility of Mistral developing its own chip, adding that the company wouldn’t rule out that possibility.Mensch said custom chips allow companies to “significantly reduce the cost of introducing tokens.” A token is a unit of data processed by an AI model. “Maybe one day we…

How many P’s does Google have? According to Google, there are two. According to Google’s AI Overview, “The word ‘poop’ has exactly one ‘r’ in it,” and the word ‘journalism’ has two ‘d’s, but is spelled ‘journadism.’ Google identified at least one P in the U.S. president’s last name, spelled trpum. You don’t need to be a prophet to predict that Google’s AI-powered search overhaul won’t work. I’ve done this before. When Google first added AI Overview to search, the feature ended up citing satirical posts from The Onion and Reddit that advised people to eat rocks and put glue…

It’s common career advice to send a thank you note after a job interview.After her final interview for a senior program manager position at design software company Figma in 2021, Jean Kang did all that and more. In his thank you email, Kang said he also included a PDF of what he called a 90-day onboarding plan, which laid out what he would accomplish in the first 30, 60, and 90 days if he got the role.“No one was expecting me or asking me to put it together,” says the 33-year-old San Francisco resident. It was a positive way to…

explainerAmid rising tensions in the Strait of Hormuz, the US launches an attack near Bandar Abbas. Iran has not reported any casualties or damage.Published May 28, 2026May 28, 2026The US has reportedly carried out a new attack near Iran’s Bandar Abbas port, targeting what it calls a military threat to Iranian forces and maritime traffic in the Strait of Hormuz. Iranian media said there were no casualties or property damage from the explosion.The latest developments come amid heightened tensions around the Strait of Hormuz, the world’s vital shipping lane, which has become a major flashpoint for negotiations and confrontations involving…

A new Iranian agency to force shippers to comply with regulations around the Strait of Hormuz has been added to the U.S. Treasury’s sanctions list. The Persian Gulf Straits Authority is on the Treasury Department’s list of Specially Designated Nationals, and Americans are generally prohibited from doing business with the authority. The Treasury Department said in a statement on Wednesday that the creation of the authority is another attempt by Iran’s Islamic Revolutionary Guards Corps (IRGC) to “monetize state-sponsored terrorist activities by extorting ships transiting the Strait of Hormuz.” After the US-Israel-Iran war began on February 28, Iran has been…

Premium smartphone brand Vertu on Thursday unveiled a foldable smartphone equipped with an AI agent that connects with enterprise software to adjust workflows. The company is targeting executives who manage business operations and communications while on the move. The foldable smartphone, called Alphafold, starts at $6,880 for the calfskin version. Top models feature bespoke finishes and customized details such as alligator leather, 18K gold, and natural diamond accents. This continues Vertu’s long-standing strategy of positioning its phones as luxury status symbols for wealthy buyers. The company told TechCrunch that the top-of-the-line standard model currently costs $46,800, with further customization options…