Author: Editor-In-Chief
This week in Sudan’s al-Afad camp, where hundreds of families have arrived after fleeing the fall of El Fasher, I sat with a mother who has traveled thousands of kilometers with her five-year-old daughter and her elderly mother. Her young daughter had undergone brain surgery at a military hospital before being evacuated. Now she is sitting quietly next to her mother. He is quiet, isolated, and no longer plays like a child should. The mother told of the beatings, of the bodies left on the road, and of the people who were too weak to proceed and had to crawl…
U.S. President Donald Trump signs a funding bill to end the U.S. government shutdown at the White House in Washington, DC, on November 12, 2025. Kevin Lamarque | ReutersThis is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox.Here are five important things investors need to know to start their trading day.1. Opening hoursPresident Donald Trump last night ended the longest government shutdown in U.S. history and signed into law a short-term funding bill that would fund the government through January, passing the House of Representatives early in the evening.Here’s what you need to know:The deal…
England captain Ben Stokes announced he is ready for the Ashes after picking up six wickets on the first day of indoor warm-up against Andrew Flintoff’s Lions in Perth.Stokes has not played since July, when he suffered a shoulder strain against India, but he led the Lilac Hill attack and proved he is firmly on track for the opening Test. He took two wickets in each of Thursday’s three sessions to help the second string reach 382-10 at Stamps, taking 6-52 from 16 overs.Stokes has faced intense criticism from the local media since arriving in Perth, with Tom Haynes, Jacob…
Microsoft is literally taking a page out of the OpenAI playbook. Bloomberg first reported that the tech giant plans to leverage its partners’ custom chip development to shore up its own struggling semiconductor business, a move that looks increasingly likely given Microsoft’s lackluster performance compared to rivals like Google and Amazon. The arrangement is simple. OpenAI is working with Broadcom to design the AI chip, and Microsoft has full access to its innovations. “They innovate at the system level as well, so we have access to all of that,” CEO Satya Nadella explained in a newly published interview with podcaster…
Wednesday, November 12, 2025, at Toyota’s battery manufacturing plant in Liberty, North Carolina, USA. Alison Joyce | Bloomberg | Getty Imagestoyota motors announced Wednesday that it has started production at a new $13.9 billion battery factory in North Carolina, confirming plans to invest up to $10 billion more in the U.S. over the next five years than previously expected.According to the release, the Japanese automaker did not provide details about the investment increase other than that Tetsuo Ogawa, CEO of Toyota Motor Corporation North America, called it a “pivotal moment” in the company’s history along with the new battery factory.This…
Four-time F1 world champion Sebastian Vettel has warned that Christian Horner’s departure from Red Bull could have a negative impact on the team in the future.Horner was sacked by Red Bull in July after 20 years at the helm, despite the team winning the drivers’ championship in each of the four seasons up to 2025. Vettel, who will retire from driving in 2022, won all four drivers’ titles during his six years with Red Bull from 2009 to 2014.Asked by Sky Sports F1 ahead of the Sao Paulo Grand Prix what he thought about Horner’s departure, Vettel said: “I was…
Federal student loan borrowers can have their remaining debt forgiven after making payments for 20 or 25 years under an income-driven repayment plan. But as of Jan. 1, 2026, advocates warn that debt forgiveness could come with a huge tax liability, potentially eroding many of the benefits the forgiveness would bring to millions of borrowers.Since the passage of the American Rescue Plan in 2021, student debt forgiveness has been exempt from federal income taxes. However, this provision expires at the end of 2025, meaning that absent regulatory changes, borrowers who receive loan forgiveness through the IDR program will be liable…
Michael Smith’s remarkable comeback continues. He made an almighty comeback and survived 11 mismatched darts from Chris Dobie to win 10-9 and book a place in the quarter-finals against world number one Luke Humphries.Smith has struggled with injuries and arthritis, but he looks set to finally pay off in 2022 at the tournament that started it all for him. In the first five legs there was nothing separating the two sides and all legs progressed slowly as ‘Hollywood’ led 3-2.Dobie then saw the light of day with a crucial slow break, but ‘Bully Boy’ didn’t back down and scored an…
Check out the companies making the biggest moves at noon: Alkermes — The biotech company fell 9% as traders weighed Phase 2 trial results for the company’s ALKS 2680 drug, aimed at treating narcolepsy. The company plans to advance the drug into Phase 3 trials, but higher dose ranges or split dosing regimens may be needed to achieve efficacy in some patients. Bank stocks — Bank stocks rose broadly as Treasury yields fell, pushing the Dow Jones Industrial Average to an all-time high. Goldman Sachs and JPMorgan Chase rose 3.8% and 1%, respectively. Financial Select Sector SPDR Fund (XLF) rose…
Tencent on Thursday posted a 15% year-on-year revenue increase as AI boosted the Chinese tech giant’s performance in ad targeting and gaming.According to the financial results released on Thursday, Tencent’s results for the third quarter of 2025 are as follows: Sales: Sales were CNY 192.9 billion ($27.12 billion), higher than analysts’ expectations of CNY 189.2 billion, according to data compiled by LSEG. Operating profit: 63.6 billion yuan, compared to the expected 58.01 billion yuan. Gaming, marketing and social media services, which make up Tencent’s core business, collected 95.9 billion Chinese yuan, a 16% year-on-year growth.Domestic gaming venues grew 15% over…