DUBAI, United Arab Emirates — United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan appointed his son as crown prince of Abu Dhabi and elevated his brothers to top positions, in a consolidation of power that broke from the tradition of passing leadership succession to another brother. Sheikh Khaled bin …

An exterior view of a Bed Bath & Beyond store on February 7, 2023 in Clifton, New Jersey.  Kena Betancur | Corbis News | Getty Images Bed Bath & Beyond is warning of a bankruptcy filing — again — if a proposed $300 million stock offering doesn’t pay off. The …

March 30 is ‘Ivy Day,’ when many Ivy League schools release those long-awaited admissions decisions. More than ever, acceptance into the Ivy League is considered highly desirable, however, when it comes to his year’s ultimate dream school, Massachusetts Institute of Technology comes out on top, according to a recent survey …

With one wrong move, a non-fungible token (NFT) collector made a very costly mistake. On March 25, Brandon Riley tweeted that he accidentally destroyed his CryptoPunk #685, an NFT he had purchased weeks earlier for 77 ETH, which was worth about $129,437 at the time, according to Etherscan. Riley was …

Initial filings for unemployment insurance ticked higher last week but remained generally low in a tight labor market. Jobless claims for the week ended March 25 totaled 198,000, up 7,000 from the previous period and a bit higher than the 195,000 estimate, the Labor Department reported Thursday. Though the number …

Thanks to the Federal Reserve, the collapse of Silicon Valley Bank has ended up breaking positive for the stock market, CNBC’s Jim Cramer said Wednesday. Regulators shuttered SVB earlier this month after depositors pulled out billions, practically overnight. Cramer said the Fed had been focused on fighting the “war against …

Tesla vehicles parked outside a home with a Tesla Solar Roof on Weems Street in Boca Chica Village, Texas, U.S., on Monday, June 21, 2021. Veronica G. Cardenas | Bloomberg | Getty Images Tesla has only installed 3,000 of its Solar Roof systems in the U.S. since touting the technology …

Flags of the United States and Taiwan displayed on phone screens are seen in this multiple exposure illustration photo taken in Poland on August 4, 2022. Jakub Porzycki | Nurphoto | Getty Images A meeting between Taiwan’s leader and U.S. House Speaker will provoke a strong reaction from China, said …

China’s regulatory crackdown on its technology firms, which has been taking place since 2020, resulted in a roughly $1 trillion wipeout of stocks of the country’s biggest companies, but Alibaba’s reorganization is seen as a sign of Beijing softening that stance, analysts told CNBC. David Becker | Getty Images News …

OUAGADOUGOU, Burkina Faso – Jan. 20, 2023: A banner of Russian President Vladimir Putin is seen during a protest to support the Burkina Faso President Captain Ibrahim Traore and to demand the departure of France’s ambassador and military forces. OLYMPIA DE MAISMONT/AFP via Getty Images Russia’s sphere of influence is …