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A box of Ozempic and contents sit on a table in Dudley, North Tyneside, Britain, October 31, 2023. Lee Smith | ReutersThe Federal Trade Commission on Tuesday said it is challenging hundreds of alleged "junk" patents held by pharmaceutical companies for 20 brand-name drugs, including Novo Nordisk's blockbuster drugs ...

A home in Cupertino, Calif., that measures less than 400 square feet was listed for more than $1.7 million. It sits on 7,900 square feet of land. A home in Cupertino, Calif., that measures less than 400 square feet is making headlines across the U.S. for its surprising asking price: more than $1.7 million.Some are c...

Tesla will ask shareholders to reapprove CEO Elon Musk's $56 billion pay package, months after a Delaware court found it deeply flawed and voided it.The company is also seeking to reincorporate in Texas as a direct result of the court decision.Musk has publicly and bitterly decried both the decision and continued in...

Top venture capitalist Vinod Khosla and Palantir advisor Jacob Helberg penned an open letter to the U.S. Senate calling on it to pass the so-called TikTok ban bill.Helberg and Khosla have regularly voiced their views on the dangers TikTok poses to the U.S., describing it as a "weapon of war."In an interview with CNB...

Federal and local law enforcement officials have descended on a nondescript warehouse in the San Fernando Valley, where one of the biggest heists in Los Angeles history occurred Easter Sunday.Officials and crime experts said the operation appears to have been highly sophisticated, with the burglars making off with w...

With social media, location services, tracking cookies, and all kinds of personal identifiers on the internet these days, it can be hard to protect your privacy. But you’d think a national security professional would know better. As it turns out, one of Israel’s top spy chiefs does not. Yossi Sariel has accidentally...

Job creation in March easily topped expectations in a sign of continued acceleration for what has been a bustling and resilient labor market.Nonfarm payrolls increased 303,000 for the month, well above the Dow Jones estimate for a rise of 200,000 and higher than the downwardly revised 270,000 gain in February, the L...

Jakub Porzycki | Nurphoto | Getty ImagesAmazon is making its largest outside investment in its three-decade history as it looks to gain an edge in the artificial intelligence race. The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a front...

The Biden administration announced it would forgive $5.8 billion in student debt for 77,700 borrowers through the Public Service Loan Forgiveness program.It also said President Joe Biden would email another 380,000 public service workers, notifying them that they're on track to have their debt canceled within two ye...

People shop in a supermarket in the Manhattan borough of New York city on January 27, 2024.Charly Triballeau | AFP | Getty ImagesThe prices consumers pay in the marketplace rose at an even slower pace than originally reported, according to closely watched revisions the government released Friday.Updates to the consu...

Adam Neumann wants to buy real estate company WeWork, the company he co-founded in 2010 that ousted him nine years later, out of bankruptcy citing the support of "well-known capital sources" including Dan Loeb's Third Point. But the hedge fund told CNBC that it had not committed any financing and that discussions wi...

Jeff Lawson, founder, CEO and chairman of Twilio, speaks at a press conference during the Mobile World Congress on March 1, 2017 in Barcelona, SpainJoan Cros Garcia/Corbis | Corbis News | Getty ImagesTwilio co-founder Jeff Lawson on Monday said he is stepping down as CEO of the enterprise communications software com...

December's jobs report showed employers added 216,000 jobs for the month while the unemployment rate held at 3.7%. That compared with respective estimates of 170,000 and 3.8%.The hiring boost came from a gain of 52,000 in government jobs and another 38,000 in health care-related fields such as ambulatory health-care...