President Joe Biden insisted Friday that his damaging debate performance against former President Donald Trump was just a “bad night,” and not an indication of a more serious health condition. “I was exhausted,” Biden told ABC News’ George Stephanopoulos, in his first face-to-face TV interview since his raspy and disconnected debate last week. “I didn’t listen to my instincts, in terms of preparing, and [had] a bad night,” said Biden, who also referred to his performance as a “bad episode.” Read more: https://cnb.cx/3zHxMo4
CNBC
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Welcome to CNBC's home on LinkedIn! Follow us for regular updates about financial news, top CNBC.com stories, behind-the-scenes moments and more. CNBC, Inc. provides business news in the United States and Canada. It provides real-time financial market coverage and business information. The company, through its Web site, cnbc.com, provides real-time market analysis; video programming daily; industry and topic-specific blogs; cnbc.com live stream, a long-form scheduled programming of events; charts; and investing tools. The company was founded in 1989 and is headquartered in Englewood Cliffs, New Jersey. CNBC, Inc. operates as a subsidiary of NBC Universal, Inc.
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Updates
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Skyline Robotics' window-washing robot, Ozmo, is operational in Tel Aviv and New York.
Window-washing robots are working on Manhattan skyscrapers
cnbc.com
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The S&P 500 rose to a new high on Friday, posting a record close as the latest jobs report reignited hopes for rate cuts from the Federal Reserve. The broad market index advanced 0.54%, closing at 5,567.19, while the Nasdaq Composite gained 0.90% to end at 18,352.76. Both indexes reached all-time highs during the session and ended at records, with the S&P 500 registering its 34th record close in 2024. Find out more: cnb.cx/4cvLM2V
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After a dismal start to 2024, Tesla's stock has rallied sharply of late, including a 27% gain this week, to wipe out its loss for the year.
Tesla shares wipe out loss for the year with 27% rally this week
cnbc.com
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Walmart-owned Sam’s Club is trying to raise the quality of its private brand, Member’s Mark, but can it compete with Costco’s Kirkland Signature? CNBC looks into how the rivalry is fueling a revamp within Sam's Club. Learn more: cnb.cx/4eSlb1B
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GlobalFoundries and other semiconductor companies are looking for workers as demand for chips soars, spurred by CHIPS Act funding and AI.
GlobalFoundries races to find semiconductor talent as demand for chips soars
cnbc.com
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President Joe Biden is scheduled to speak with ABC News anchor George Stephanopoulos during a campaign trip to Madison, Wisconsin.
Biden campaigns ahead of pivotal ABC News interview, as his reelection bid teeters
cnbc.com
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CNBC reposted this
In September 2021, Jessica and Eric Smith moved from Lawrence, Kansas to Logroño, Spain with two dogs, four suitcases and about $45,000 in savings. The move wasn’t the only major change in their lives, though.When they arrived in Spain, Jessica was seven months pregnant with their son, so they were about to become first-time parents in a foreign country without family close by. Here's what the couple said it's been like raising their son there. https://cnb.cx/3XQqqJ0
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President Joe Biden is facing an uprising from some of his own party’s wealthy donors, including an heiress to the Disney family fortune, who say they will no longer fund the Democratic Party until Biden drops out of the presidential race following his disastrous debate performance. Abigail Disney, granddaughter of Roy O. Disney, who co-founded The Walt Disney Co., told CNBC on Thursday that she plans to withhold donations to the party she has funded for years until Biden drops out. The president has said he has no plans to withdraw from the race, despite calls for him to do so. More on who is pausing their funding: cnb.cx/3XRFarb
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The tech industry is seeing a labor shortage as the need for workers in the semiconductor sector continues to rise. More on the shortage: cnb.cx/3RVnLtW