Jeff Bezos’ Blue Origin launches satellite internet service to rival SpaceX, Amazon

Jeff Bezos’ Blue Origin launches satellite internet service to rival SpaceX, Amazon

Jeff Bezos holds the aviation glasses that belonged to Amelia Earhart as he speaks during a press conference about his flight on Blue Origin’s New Shepard into space, in Van Horn, Texas, July 20, 2021. Joe Raedle | Getty Images Jeff Bezos’ space venture Blue Origin announced Wednesday it plans to deploy 5,408 satellites into … Read more

Amazon threatens ‘drastic action’ after Saks bankruptcy, says $475M stake is now worthless

Amazon threatens ‘drastic action’ after Saks bankruptcy, says 5M stake is now worthless

Amazon package and Saks Fifth Avenue bag. Getty Images Amazon wants a federal judge to reject Saks Global’s bankruptcy financing plan, writing in court papers the beleaguered department store “burned through hundreds of millions of dollars in less than a year” and failed to hold up their agreement.  When Saks acquired Neiman Marcus for $2.7 … Read more

NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’

NBCUniversal strategically leans into sports as it prepares for ‘Legendary February’

A version of this article first appeared in the CNBC Sport newsletter with Alex Sherman, which brings you the biggest news and exclusive interviews from the worlds of sports business and media. Sign up to receive future editions, straight to your inbox. NBC is about to have itself a “legendary” month. “Legendary February,” a marketing tagline invented … Read more

Amazon’s European sovereign cloud launch is a ‘big bet,’ AWS CEO Garman tells CNBC

Amazon’s European sovereign cloud launch is a ‘big bet,’ AWS CEO Garman tells CNBC

People walk past the logo of Amazon Web Services (AWS) at its exhibitor stall at the India Mobile Congress 2025 at Yashobhoomi, a convention and expo center in New Delhi, India, October 8, 2025. Anushree Fadnavis | Reuters Amazon‘s “sovereign cloud” offering in Europe is a “big bet” for the company, AWS CEO Matt Garman … Read more

Stock futures slip after S&P 500, Dow slide for two straight sessions: Live updates

Stock futures slip after S&P 500, Dow slide for two straight sessions: Live updates

Traders work on the floor of the New York Stock Exchange during morning trading on January 14, 2026 in New York City. Michael M. Santiago | Getty Images Stock futures were near flat Wednesday night as the S&P 500 comes off of two consecutive days of losses. Futures tied to the Dow Jones Industrial Average … Read more

Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection

Saks Global, the longtime leader of luxury department stores, files for bankruptcy protection

Shoppers walk outside the Saks Fifth Avenue flagship store in Manhattan in New York City, U.S., Jan. 6, 2026. Angelina Katsanis | Reuters Saks Global, the parent company behind the 159-year-old department store that’s become both a destination and a symbol for luxury fashion, filed for bankruptcy protection after running out of cash and failing … Read more

Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout

Trump says Microsoft will make changes to ensure consumers don’t pay for power used in AI buildout

US President Donald Trump speaks to members of the media on the South Lawn of the White House before boarding Marine One in Washington, DC, US, on Saturday, Dec. 13, 2025. Trump said there will be “serious retaliation” after two US Army soldiers and an interpreter were killed in Syria on Saturday, and three other … Read more

Allegiant to buy rival budget airline Sun Country in $1.5 billion cash and stock deal

Allegiant to buy rival budget airline Sun Country in .5 billion cash and stock deal

An Allegiant Airlines jet flies out of Las Vegas Airport. Nick Potts | Getty Images Allegiant Travel said Sunday it is acquiring fellow leisure carrier Sun Country in a $1.5 billion cash and stock deal, including debt, a plan that comes as budget airlines in the U.S. have faced a surge in costs following the … Read more

Jim Cramer says don’t trade Apple and Nvidia as money rotates into overlooked stocks ahead of earnings season

Jim Cramer says don’t trade Apple and Nvidia as money rotates into overlooked stocks ahead of earnings season

CNBC’s Jim Cramer said Friday that investors shouldn’t read too much into uneventful unemployment data, arguing that a lack of surprises on the labor front is actually giving the market room to reveal the real story: a broad-based rally spreading well beyond last year’s winners. “When you get an employment report that’s basically uneventful, it … Read more

Oracle announces departure of two oldest directors, narrowing board to 12

Oracle announces departure of two oldest directors, narrowing board to 12

George Conrades, then chairman and CEO of Akamai Technologies, listens during a meeting of the National Infrastructure Advisory Council in Washington on April 13, 2004. Jay Mallin | Bloomberg | Getty Images Oracle said Friday that two longtime directors, both octogenarians, have resigned from the board. George Conrades, former CEO of content network distribution company … Read more