Who’s speaking at Davos, from Sam Altman to Macron

Combination showing Sam Altman, CEO of OpenAI (L), Ursula von der Leyen, President of the European Commission (C), and Javier Milei, President of Argentina (R). Reuters The global elite are pulling on their snow boots and firing up their private jets for the World Economic Forum in Davos, Switzerland. The 2024 WEF, titled “Rebuilding Trust,” … Read more

China says the U.S. has ‘weaponized’ chip export controls

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool. ”We are highly concerned about the United … Read more

Sydney community says Classic Bakery in Winston Hills treated ‘unfairly’ after lease renewal was denied

A Sydney community has said a local bakery has been treated “unfairly” after it was denied a lease renewal. Classic Bakery in Winston Hills, in the city’s west, announced through an in-store sign that its lease had not been renewed, and it would cease trading on February 9. “Building management has decided not to renew … Read more

Turkish lira hits fresh record low against the U.S. dollar

Vanishing Turkish Currency: 1 Turkish Lira with the Portrait of Kemal AtatürkTurkish Manuel Augusto Moreno | Moment | Getty Images The Turkish lira hit a fresh record low against the U.S. dollar on Thursday, trading at 30.005 to the greenback just before noon local time. It marks the first time that the lira has broken … Read more

Identity theft victims see ‘unconscionable’ IRS delays: advocate

Erin Collins, national taxpayer advocate at the Taxpayer Advocate Service, speaks at a Senate Appropriations subcommittee hearing in Washington, D.C., on May 19, 2021. Bloomberg | Bloomberg | Getty Images After a few difficult years, the IRS has boosted taxpayer service and technology with an infusion of funding. But there’s still room for improvement — … Read more

The long-awaited bitcoin stamp of approval

Representations of cryptocurrency Bitcoin are placed on a PC motherboard in this illustration taken June 16, 2023.  Dado Ruvic | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what … Read more

Wall Street has not been this cautious on Apple stock in years

Apple received yet another downgrade this week, the latest in a stream of cautious calls for the world’s largest company. It could present an opportunity for new investors. Redburn Atlantic analysts on Wednesday cut Apple shares to hold from buy , citing limited multiple expansion opportunities and narrow upside in iPhone sales. And Redburn is … Read more

Western Sydney musicians ONEFOUR targeted in alleged murder plot

An alleged murder plot targeting the members of a controversial Sydney rap group has been foiled after detectives arrested the accused leader of a criminal cell hired to kidnap and murder other gangs’ rivals. Four members of drill rap group ONEFOUR — Jerome “J Emz” Misa, Pio “YP” Misa, Spencer “Spenny” Magalogo and Dahcell “Celly” … Read more

TV show shows widest UK miscarriage of justice

Former subpostmasters celebrate outside the Royal Courts of Justice in London, on April 23, 2021, following a court ruling clearing subpostmasters of convictions for theft and false accounting. – Dozens of former subpostmasters, who were convicted of theft, fraud and false accounting because of the Post Office’s defective Horizon accounting system, have finally had their … Read more

China will make foreign investment easier, vice premier tells foreign execs

SAN FRANCISCO, CALIFORNIA – NOVEMBER 10: U.S. Secretary of the Treasury Janet Yellen (R) greets People’s Republic of China (PRC) Vice Premier He Lifeng at the start of a bilateral meeting at the Ritz Carlton Hotel on November 10, 2023 in San Francisco, California. Secretary Yellen and Vice Premier Lifeng will hold meetings ahead of … Read more