World

Pfizer threatened renegade executives before schism: Starboard’s Smith

Ian Read, former CEO of Pfizer Inc., gestures as he speaks during a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2017. Simon Dawson | Bloomberg | Getty Images Activist Starboard Value accused Pfizer of threatening litigation against the company’s former CEO and chief financial officer in order to get them to break ranks with …

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TD Bank pleads guilty, will pay $3 billion in fines

A TD bank stands in Brooklyn on June 04, 2024 in New York City.  Spencer Platt | Getty Images TD Bank pleaded guilty Thursday to multiple criminal charges and agreed to pay a whopping $3 billion in fines and other penalties to the Department of Justice and financial regulators for failing to monitor money laundering by drug traffickers and other …

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Jurgen Klopp joining Red Bull’s soccer empire: What move means for ex-Liverpool boss, group’s global ambition

Red Bull’s soccer empire has long been considered one of the best examples of soccer player and staff talent development and arguably the leading example of how a multi-club system can actually work and thrive in European soccer and beyond. However, the Austrian energy drink juggernaut’s sporting ventures — which also include Formula 1 racing and extreme sports — have …

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AMD launches MI325X AI chip to rival Nvidia’s Blackwell

AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen by developers and cloud giants as …

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How USMNT coaches have done in their debut: Bruce Arena, Bob Bradley, Gregg Berhalter and more

Mauricio Pochettino will finally coach his first game in charge of the U.S. men’s national team against Panama on Saturday when expectations will be high as a potentially transformative period begins for the 2026 World Cup co-hosts. The Argentine will be tasked not only with rebooting the team after a disappointing group stage exit from the Copa America over the …

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UK workers get slew of new rights in flagship Labour bill

A waiter sets a table in the City of London, UK. Bloomberg | Bloomberg | Getty Images LONDON — British employees are set to gain a slew of employment benefits under flagship legislation put forward by the new Labour government on Thursday, including stronger rights to sick pay and an entitlement to take paternity leave from the first day in …

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CPI inflation September 2024

The pace of price increases over the past year took was higher than forecast in September while jobless claims posted an unexpected jump following Hurricane Helene, the Labor Department reported Thursday. The consumer price index, a broad gauge measuring the costs of goods and services across the U.S. economy, increased a seasonally adjusted 0.2% for the month, putting the annual …

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Delta Air Lines (DAL) 3Q 2024 earnings

A Delta aircraft at the airline’s hangar in Atlanta Leslie Josephs/CNBC Delta Air Lines expects to grow earnings in the fourth quarter, thanks to resilient travel demand and strong bookings for year-end holidays. The Atlanta-based carrier on Thursday forecast fourth-quarter adjusted earnings of $1.60 to $1.85 per share, compared with Wall Street estimates of $1.71, according to LSEG, and above …

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