Michelle Mack is taken into custody, Dec. 6, 2023. CNBC The ringleader of a nationwide organized retail crime operation that targeted Ulta Beauty and other major retailers is facing more than five years in a California state prison. Michelle Mack, of Bonsall, California, received a delayed sentence of five years and four months, which be … Read more
An Internet user checks ChatGPT on his mobile phone, Suqian, Jiangsu province, China, April 26, 2023. Future Publishing | Future Publishing | Getty Images LONDON — Britain is set to introduce its first-ever law for artificial intelligence — but Prime Minister Keir Starmer’s new Labour government faces a delicate balancing act of forming rules that … Read more
Traders work on the floor of the New York Stock Exchange on April 26, 2023 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
Jaylen Brown, #7 of the Boston Celtics, shoots a three-point basket against the Dallas Mavericks during Game 5 of the 2024 NBA Finals at TD Garden in Boston on June 17, 2024. Nathaniel S. Butler | National Basketball Association | Getty Images With National Basketball Association media rights approaching final form, Warner Bros. Discovery is … Read more
An Amazon contract worker pulls a cart of packages for delivery in New York, US, on Monday, April 22, 2024. Angus Mordant | Bloomberg | Getty Images Online spending in the U.S. surged 11% year over year to $14.2 billion during Amazon‘s 48-hour Prime Day event, topping estimates and setting a new record, according to … Read more
The front desk of the Amazon office is pictured in New York, May 1, 2019. Carlo Allegri | Reuters The Federal Trade Commission has launched an informal inquiry into Amazon‘s recently announced deal with AI startup Adept, CNBC has confirmed. The FTC is seeking more information about the agreement announced last month, which involved Amazon … Read more
An Amazon workers pull a cart of packages for delivery on E 14th Street on July 12, 2022 in New York City. Michael M. Santiago | Getty Images Amazon Prime Day, the 48-hour discount blitz that kicks off Tuesday, is a “major” cause of worker injuries, according to the preliminary results of a Senate probe. … Read more
The key to success is to never stop trying to learn new things, according to Amazon CEO Andy Jassy. “You have to be ravenous and hungry to find ways to learn,” Jassy said last week in a video posted by Amazon about the company’s famous list of 16 leadership principles, originally penned by founder Jeff … Read more
Amazon is a buy ahead of its annual Prime Day starting Tuesday — even as the stock has rallied hard this year. That’s because the high-quality stock is still cheap, said Jim Cramer on CNBC Monday. Consider: Shares of the e-commerce giant are up nearly 29% in 2024 compared to the S & P 500 … Read more
An Amazon driver delivers packages in Washington, D.C., on Aug. 27, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images When Brandon Fishman ran a discount on his vitamin-infused coffee for Target‘s weeklong deals event, he wasn’t worried about how it would affect his business on Amazon. He certainly didn’t expect his sales there … Read more
