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17

Ashley Biden, in unsealed letter to judge, detailed ‘pain’ from diary theft

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Ashley Biden, the daughter of President Joe Biden, asked a judge to sentence the woman who stole her diary to prison, an unsealed letter shows.

Alphabet soars 10% on strong earnings, first-ever dividend, $70 billion buyback

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Alphabet shares shot up Friday after the company posted better-than-expected first-quarter results and greenlit its first-ever dividend along with a buyback.

Activist Ancora endorsed by second Norfolk Southern union in proxy contest

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The BLET Teamsters said they would back activist Ancora's efforts to oust Norfolk Southern CEO Alan Shaw in favor of new management.

This is the salary it takes to be considered rich in every state

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In 11 U.S. states and Washington DC, it takes a salary of $500,000 a year or more to be part of the top 5% of earners.

16

Trump trial: Defense continues cross-examination of National Enquirer publisher David Pecker: Live updates

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Attorneys for Trump began a line of questions on Thursday designed to poke holes in Pecker's credibility.

Miami is 'ground zero' for climate risk. People are moving to the area and building there anyway

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Miami is undergoing a boom despite a high vulnerability to sea level rise, floods and more intense storms. Residents may face financial hardship.

Climate change could cost Americans born in 2024 nearly $500,000 in their lifetime

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In a new series by the CNBC personal finance team, we're delving into how climate change will impact your money.

Airbus CFO says A350 plane production increase not tied to Boeing troubles

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Airbus is ramping up production of its A350 aircraft because of consumer demand and not the ongoing crisis at U.S. rival Boeing.

Jim Cramer's top 10 things to watch in the stock market Friday

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Wall Street holds onto gains as rising bond yields take a breather Friday.

FDA approves Pfizer’s first gene therapy for rare inherited bleeding disorder

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The agency greenlighted the drug, which will be marketed as Beqvez, for adults with moderate to severe hemophilia B.

30-year-old supercommutes over 500 miles to work in New York: ‘I'm the happiest I've ever been’

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Hairstylist Kaitlin Jorgenson commutes four-plus hours by plane twice a month from Charlotte, North Carolina to work in New York.

15

Elliott takes $1 billion stake in Anglo American as miner faces takeover interest

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Elliott Management has built a roughly $1 billion stake in miner Anglo American in recent months, a person familiar with the matter told CNBC.

Exxon stock falls as earnings miss on lower natural gas prices and squeezed refining margins

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Exxon Mobil's first-quarter earnings missed expectations as the industry came under pressure from eroding refining margins and collapsing natural gas prices.

Key Fed inflation measure rose 2.8% in March from a year ago, more than expected

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The core personal consumption expenditures price index was expected to increase 2.7% from a year ago in March, according to the Dow Jones consensus estimate.

Why Americans worry changes to the U.S. retirement system could upend their plans

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When it comes to retirement, Americans worry about uncertainties they cannot control, like a higher cost of living or changes to the retirement system.

13

U.S., China to hold first AI talks within 'weeks' amid ongoing TikTok stalemate

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The U.S. and China will hold their first high-level talks on artificial intelligence within the "coming weeks," U.S. Secretary of State Anthony Blinken said.

Long-awaited $2 billion CVC debut shows the IPO market is back on track, Euronext boss says

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"It is a very strong signal of the comeback of IPOs in Europe, in particular in continental Europe," Euronext's Stéphane Boujnah said.

Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says

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Trump's political operatives are putting together a plan that would give him unprecedented influence over the Fed, the report states.

Chevron beats earnings estimates but profit falls on lower refining margins and natural gas prices

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Chevron produced 1.57 million barrels of oil equivalent daily in the U.S. for the quarter, an increase of 35% over the same period last year.

12

Chinese EV start-ups Nio and Xpeng turn to the mass market for growth

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Chinese electric car start-ups Nio and Xpeng are turning to a lower-priced segment of the market with plans to release newly-branded cars this year.

Anglo American rejects BHP's $39 billion takeover bid to form mining juggernaut

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Mining giant Anglo American on Friday rejected a takeover bid from rival BHP Group, saying the offer "significantly undervalues" the company and its prospects.

UK tech darling Darktrace rallies 17% after agreeing $5.32 billion private equity sale to Thoma Bravo

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The move will be seen as a major blow to the London Stock Exchange.

China's Xi says the U.S. needs to accept Beijing's rise for bilateral relations to improve

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U.S. Secretary of State Antony Blinken met with Chinese President Xi Jinping in Beijing on Friday.

08

Meet the Dubai artist whose work has sold for millions — and turns down 99% of prospective buyers

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One of Sacha Jafri's paintings sold for $62 million at a charity auction, making him one of the world's most expensive artists.

Ukraine can keep on fighting Russia — but the 'victory' it wants might be out of reach

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With future military aid looking uncertain, uncomfortable questions are being asked as to what "victory" Ukraine could realistically achieve against Russia.

07

India’s farmers are up in arms again. Will it hurt Modi’s reelection campaign?

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While the protestors are beginning to up the ante by blocking railway tracks, the agitation this time seems a pale shadow of their movement in 2020.

Bank of Japan keeps monetary policy unchanged, sees slightly higher inflation in fiscal 2024

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The BOJ did not comment specifically on the yen, which has steadily weakened since the last BOJ meeting

06

Asia was most impacted by extreme weather and climate in 2023, UN report shows

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Asia was the world's most disaster-hit region from extreme weather and climate in 2023, exacerbated by climate change, according to a new UN report.

05

Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says

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Drew Baglino, who announced he'd be leaving Tesla on April 15, is selling 1.14 million shares of the electric car company, according to a filing on April 25.

03

India 'confident' new EV policy measures will allow more foreign players to enter market

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Last month, the government rolled out key initiatives, aimed at boosting the country's position in EV manufacturing.