President Trump speaks to CEOs and executives at business roundtable. Source link
Author: usaeverydaylife
U.S. President Donald Trump delivers remarks during a Business Roundtable event in Washington, D.C., U.S., March 11, 2025. Kevin Lamarque | ReutersCNBC will be hosting “CONVERGE LIVE,” an inaugural thought leadership event on March 12-13, 2025, in Singapore, where global business leaders, entrepreneurs, investors and key decision-makers will discuss what it means to innovate and grow by collaborating and sharing ideas across industries.Viewers can watch the live stream of the event and hear from speakers including Singapore’s Deputy Prime Minister Kim Yong Gan, Alibaba Group Chairman Joe Tsai, Bridgewater Associates Founder Ray Dalio, and Salesforce CEO, chair, and co-founder Marc Benioff…
Gan Kim Yong, Singapore’s deputy prime minister, during a panel session, at the World Economic Forum (WEF) in Davos, Switzerland, on Tuesday, Jan. 21, 2025. Stefan Wermuth | Bloomberg | Getty ImagesAsia will remain a “beacon of growth opportunities” despite escalating global trade tensions, according to Singapore’s Deputy Prime Minister Gan Kim Yong.”Even if some of us in Asia may not be directly affected, the impact of rising tariffs and trade wars could cause major disruptions to supply chains, slow down trade and investment flows and significantly set back the growth of global economy,” Gan said at CNBC’s CONVERGE LIVE in…
CNBC’s Emily Wilkins with breaking news on government funding bill. Source link
Ray Dalio, founder of Bridgewater Associates LP, speaks during the Greenwich Economic Forum in Greenwich, Connecticut, US, on Tuesday, Oct. 3, 2023.Bloomberg | Bloomberg | Getty ImagesBridgewater founder Ray Dalio on Wednesday warned that a “very severe” U.S. supply-demand problem could lead to “shocking developments.””The first thing is the debt issue, we have a very severe supply-demand problem,” Dalio told CNBC’s Sara Eisen at CONVERGE LIVE in Singapore.Dalio said this will require the White House to sell a quantity of debt the world is just not going to want to buy.”That’s a set of circumstances that is imminent, OK? That…
Ukraine said it would support a Trump administration proposal for a 30-day cease-fire with Russia, an announcement that followed hours of meetings on Tuesday in Saudi Arabia, where the United States agreed to immediately lift a pause on intelligence sharing with Kyiv and resume military assistance.The talks in the coastal city of Jeddah, Saudi Arabia, brought new momentum to cease-fire negotiations that had faltered after a public confrontation at the White House between the Ukrainian and U.S. presidents.The Trump administration had suspended all military aid and intelligence sharing in the aftermath of that combative meeting in Washington.The announcements on Tuesday,…
BEIJING — DeepSeek’s artificial intelligence breakthrough is stirring up China’s venture capital world after three straight years of decline.As DeepSeek released its OpenAI rival in late January, AI drug discovery company Insilico Medicine was finalizing a $110 million series E financing round led by Hong Kong-based Value Partners, the startup’s CEO and founder Alex Zhavoronkov told CNBC in an exclusive interview. The deal closed last month.But so many Chinese funds wanted to participate at the last minute — “like an avalanche” — that Insilico is planning a series “E2” raise, Zhavoronkov said. “We have never seen this level of interest…
Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024.Dimas Ardian | Bloomberg | Getty ImagesHOUSTON — Microsoft is open to deploying natural gas with carbon capture technology to power artificial intelligence data centers, the technology company’s vice president of energy told CNBC.”That absolutely would not be off the table,” Bobby Hollis said. But the executive said Microsoft would consider natural gas with carbon capture only if the project is “commercially viable and cost competitive.”Oil and gas companies have been developing carbon capture technology for years, but the industry has struggled…
CNBC’s Eamon Javers joins ‘Fast Money’ with breaking news out of the FTC. Source link
The U.S. flag and Department of Education flags whip in the wind outside the department’s headquarters on March 6, 2025 in Washington, DC.Chip Somodevilla | Getty ImagesThe Education Department announced a drastic reduction in its workforce Tuesday, saying it’s preparing to cut about half of its staff.About 1,300 career employees will receive termination notices and will be given an opportunity to return to office to turn in government property and clean out desks Wednesday, two officials said.Education Secretary Linda McMahon said in a statement that the layoffs reflect the department’s “commitment to efficiency, accountability, and ensuring that resources are directed where they…
