CNBC

Elon Musk is on track to become the world’s first trillionaire by 2027, according to a report from Informa Connect Academy.
Wealth
CNBC

Billionaire wealth surges to ‘unimaginable’ levels

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, according to Oxfam’s latest annual inequality report.

Updated
Read more (3 min) →
BP’s workforce currently stands at around 87,800.
CNBC
CNBC

Oil major BP to cut thousands of jobs in cost-saving drive

British oil major BP on Thursday said it is planning to cut thousands of jobs as part of a major cost-reduction exercise.

Updated
Read more (2 min) →
TikTok is staring at a potential ban in the US if the Supreme Court decides to uphold a national security law in which service providers such as Apple and Google would be penalised for hosting the app after the Sunday deadline. 
Business
CNBC

A $US50b deal needed to save TikTok in the US

Business moguls such as Elon Musk should be prepared to spend tens of billions of dollars for TikTok’s US operations should parent company ByteDance decide to sell. 

Updated
Read more (3 min) →

Sign up to The Nightly's newsletters.

Get the first look at the digital newspaper, curated daily stories and breaking headlines delivered to your inbox.

Email Us
By continuing you agree to our Terms and Privacy Policy.
The SEC alleges Elon Musk committed securities fraud in 2022.
Business
CNBC

SEC sues Elon Musk for not properly disclosing Twitter stake

The SEC is suing Elon Musk, alleging he committed securities fraud by failing to disclose he had amassed an active stake in Twitter, a move that allowed him to buy shares at ‘artificially low prices’.

Updated
Read more (4 min) →
Video
eju Air Flight 7C2216 crashed at Muan International Airport in South Korea after skidding off the runway and colliding with a wall.
World
CNBC

Black box data missing from last 4 minutes before Jeju crash

The two black boxes on the Boeing jet involved in the worst aviation disaster on South Korean soil stopped recording about four minutes before the accident.

Updated
Read more (2 min) →
Tesla founder Elon Musk has angered European leaders by buddying up to Germany’s far right. (AP PHOTO)
World
CNBC

Musk courts far right in Europe, leaders unable to stop him

Elon Musk’s plan to host a chat with the leader of a far right party on his X social media platform has angered European politicians — but they’ll struggle to stop him.

Updated
Read more (4 min) →
The gap between the strongest and weakest passports on the list is the largest in the index’s 19-year history.
Travel
CNBC

The world’s most powerful passport has a clear winner

In 2024 it was a six-way tie, but in 2025 one country has broken ahead of the rest.

Updated
Read more (3 min) →
The aviation industry is bracing for another year of difficulties.
Travel
CNBC

How slew of aviation industry challenges will impact travel

The aviation industry is bracing for another year of difficulties, as delivery delays at Boeing and supply chain problems are set to continue into 2025, say aviation consultants.

Updated
Read more (4 min) →
Shoji Morimoto reserving a spot for his client in a park.
Lifestyle
CNBC

This Japanese man earned $80,000 a year from ‘doing nothing’

When Shoji Morimoto was fired in 2018, his superior criticised him for lacking initiative and ‘not doing anything’ of value. Joke’s on him, because Morimoto has spun a lucrative career out of ‘doing nothing’.

Updated
Read more (4 min) →
Traders work on the floor at the New York Stock Exchange in New York, Thursday, June 16, 2022. Markets worldwide are back to tumbling on Thursday as worries about a fragile economy roar back to the fore. The S&P 500 was 3.9% lower in afternoon trading, more than reversing its blip of a 1.5% rally from a day before. (AP Photo/Seth Wenig)
CNBC
CNBC

Veteran US investor sees cautionary signs of a bubble

An investor who foresaw the dot-com bubble sees a handful of red flags in market valuations.

Updated
Read more (3 min) →
OpenAI CEO Sam Altman says his sister’s claims of sexual abuse are ‘deeply hurtful and entirely untrue’.
USA
CNBC

OpenAI boss Sam Altman denies sister’s sexual abuse claims

Sam Altman’s sister has filed a lawsuit alleging that her brother sexually abused her regularly for years, a claim he says is ‘deeply hurtful and entirely untrue’.

Updated
Read more (3 min) →
There are red flags that could indicate your online date isn’t trustworthy. 
Wellbeing
CNBC

The three things singles are looking for when dating in 2025

And the red flags to watch out for when dating online

Updated
Read more (3 min) →
Boeing’s stock price is down more than 30 per cent over the past 12 months, while the S&P 500 is up nearly 27 per cent.
CNBC
CNBC

Aircraft giant Boeing faces a steep road to recovery

The new year marks another of rebuilding for the embattled US company, as it tries to overcome safety issues and return to profitability under a new chief executive.

Updated
Read more (4 min) →
A hybrid work model and generation of young employees who started their careers remotely has meant that office ‘norms’ are hard to identify let alone follow. Here are 10 etiquette tips to get you started.
CNBC
CNBC

10 tips to make you the most likeable person in the office

A hybrid work model and generation of young employees who started their careers remotely has meant that office ‘norms’ are hard to identify let alone follow. Here are 10 etiquette tips to get you started.

Updated
Read more (4 min) →
The wreckage of a Jeju Air aircraft that crashed at Muan International Airport killing 179 people.
World
CNBC

Aviation experts question concrete wall at end of runway

Aviation experts are questioning the role of a mound of dirt and a concrete wall past the end of a runway, which Jeju Air Flight 7C2216 slammed into, killing all but two people on board.

Updated
Read more (2 min) →