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TSMC's U.S. investment is about politics, not business: Analyst
Kirk Yang, founder and chairman of Kirkland Capital, discusses TSMC's $265 billion investment into the United States.
TSMC's U.S. investment is about politics, not business: Analyst
Kirk Yang, founder and chairman of Kirkland Capital, discusses TSMC's $265 billion investment into the United States.
Spain keep their cool, as Argentina's disgraceful tactics tarnish legacy
Young Ohioans struggle to access mental health care, study finds
COLUMBUS, Ohio (WCMH) — According to a new study from the Health Policy Institute of Ohio, some young Ohioans find it difficult to access mental health care. Policy analyst Becky Ca…
After Alan Rangel stumbles, how much longer can Phillies wait on No. 5 spot?
Alan Rangel’s rough outing was another reminder that the Phillies’ No. 5 starter spot is a black hole and remains a glaring deadline issue.
Second person dies of Legionnaires’ disease as New York City cases decline sharply
Upper East Side buildings, including the Met and Guggenheim museums, have cleaned and disinfected their cooling towers, which are believed to be the source of the outbreak.
Telemundo adds UEFA Champions League rights in multiyear deal
With a record-breaking World Cup drawing to a close on Sunday, Telemundo is announcing its next step in soccer broadcasting. The NBCUniversal-owned network announced on Sunday that it has secured exclusive U.S. Spanish-language broadcast rights for all UEFA men’s club competitions, including Champions League, for three years beginning with the 2027-28 season. Currently, U.S. Spanish-language…
At a Florida fundraiser, Pete Buttigieg stresses the need to ‘restore democracy’
Buttigieg’s message ahead of a potential presidential run has focused on how the nation’s most important institutions need a major course correction to survive.
The market for psychedelic drugs to treat mental health conditions gets a big buy signal
Eli Lilly's acquisition of psychedelic drug maker AtaiBeckley extends Big Pharma's embrace of a stigmatized class of medications for treating mental health.
In Graham Platner’s home county and across Maine, Troy Jackson gains early edge in Senate fight
Delegates supporting Jackson, a former state legislator with labor backing, won most of the spots up for grabs on Saturday for the upcoming Democratic nominating convention.
AI may make you 'boring' at work, Columbia Business School professor says: How it can hurt your career
Using AI at work in the wrong ways could lead to "gradually falling behind and becoming complacent," said Sandra Matz, a professor at Columbia Business School.
Housing costs is the top political issue for young voters, CNBC survey finds
The cost of housing is the top priority for voters ages 18 to 34, besting food and healthcare cost concerns, the CNBC All-America Economic Survey found.
5 Lifestyle Changes I Made After Learning I Have a High Alzheimer’s Risk
A mom of three, Elena Castellanos recently learned just how much power over her health she really has.
Rock star dies just days after aggressive brain cancer news, leaving fans devastated
The 59-year-old star revealed her diagnosis earlier in the week.
Makai Lemon says he'll be 100 percent for training camp after missing some offseason work
Water main break cleanup continues as West Hollywood businesses count losses
Officials have replaced the ruptured pipe but still need to test it to ensure it is functioning properly.
Bernie Sanders and AOC bring anti-establishment fight to Michigan
The progressive duo rallied Saturday for Abdul El-Sayed, whose Democratic Senate primary clash with Rep. Haley Stevens represents the latest battle over the party’s future.
Rep. Ralph Norman launches campaign to replace Lindsey Graham in Senate race
President Donald Trump endorsed the late Sen. Lindsey Graham’s sister, Sen. Darline Graham, to run for the Republican nomination in the special primary election.
Health experts say to mask up amid wildfire smoke
Health experts say to mask up amid wildfire smoke
Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won't enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
Fanatics CEO Michael Rubin on two sports businesses his multi-billion-dollar conglomerate won't enter
Fanatics has become one of the most influential companies in sports, building out a massive merchandise, collectibles and sports gambling platform.
German conservative politician resigns after pressure over surrogate baby
“I have come to realise that my personal happiness — starting a family with my husband and becoming a father — is incompatible with my political office,” Jens Spahn wrote.
27-year-old locksmith spent $7,000 on tools, works around the clock in NYC: 'I'd never held a screwdriver in my life' before starting
Yona Sahar, founder of Locksmith Girl of NYC, spent two years learning the trade. Now, she runs her own business while working around the clock.
Entertainment Guilds Blast Emmy Category Changes
The Directors Guild of America, SAG-AFTRA and the Writers Guild of America Friday criticized a Television Academy decision to remove five Emmy Award categories from the prime-time broadcast. The criticism came a day after the Television Academy’s Board of Governors approved moving five award categories from the Sept. 14 prime-time telecast on NBC to ceremonies […]
Joanna Stern: An open letter to OpenAI’s secret gadget
The ChatGPT maker is working on its own physical device, which is shrouded in mystery — and controversy.
First death reported from Legionnaires' outbreak on Upper East Side, Health Dept. says
Health officials have reported the first death in connection with the outbreak of Legionnaires’ disease in a Manhattan neighborhood.
Canada wildfire smoke map: Health risks as poor air quality hits the Midwest and northern states
More than 100 million people nationwide are under air quality alerts due to wildfire smoke.
Trump speech ripple effects: From the Politics Desk
Plus, a big campaign shake-up in Wisconsin.
Fanatics’ Michael Rubin on taking the sports platform to the next level
Michael Rubin has built one of the most influential platforms in sports, evolving Fanatics from a merchandise leader to a multi-pronged, billion-dollar platform. Rubin spoke with CNBC’s Andrew Ross Sorkin at the CNBC Sport x Boardroom Game Plan Summit about the opportunities he sees for Fanatics.
How health officials are racing to track foods behind cyclosporiasis outbreak in over 27 states
Shredded lettuce is one possible culprit, although it’s highly likely there are other sources of the foodborne illnesses making people sick across the U.S.
From The Sports Desk: A blockbuster World Cup Final
NBC News previews Spain vs. Argentina: who will win the World Cup final?
Thousands in copper wiring stolen from Pasadena business rooftop AC unit
The technician estimated that about $4,000 worth of copper wiring was stolen.
Wisconsin Lt. Gov. Sara Rodriguez drops out of the governor’s race
Rodriguez’s exit, which comes in the wake of campaign finance issues, shakes up an already wide open Democratic primary in the battleground state.
Pa. Rep. Jordan Harris, Sen. Joe Picozzi talk Pa. state budget
Pennsylvania State Representative Jordan Harris and Senator Joe Picozzi discuss the 2026-2027 Pennsylvania state budget.
Adam Silver says WNBA star Caitlin Clark is a ‘political football’ amid Alyssa Thomas foul debate
Silver said the debate around Clark is “incredibly unfair to her” since she is such a great player who does not want attention like this.
The Best Test to Know If Your Gut Is Healthy, According to a GI Doctor
In TODAY.com’s Expert Tip of the Day, a gastroenterologist reveals her answer to the common question, “What’s the best test to know if my gut is healthy?”
How do the Eagles keep winning year after year despite losing star players?
Every year, the Eagles lose star players. Yet, every year, they just keep winning. How does Howie Roseman do it?
Letters – Texas business ranking, Dallas City Council, Lindsey Graham
Readers discuss CNBC’s ranking of Texas, don’t like the Dallas furloughs, remember Sen. Lindsey Graham and question what ICE is doing.
Does stopping GLP-1s make you gain the weight back? What the science says
A trio of recent studies suggest that some people can keep the weight off.
Eight Patriots facing the most pressure ahead of training camp
Last year, expectations for the Patriots were bare-bones. But heavy lies the crown for the reigning AFC champs.
Trump is expected to make election conspiracies a focus of his national address
President Trump is set to address the nation on topics he says will include elections and voting machines.
What does medical science say about testosterone deficiency?
Defense Secretary Pete Hegseth says the military will now annually screen the testosterone levels of active service members over 30. NBC News' Dr. Akshay Syal explains the impacts of low testosterone, possible causes, treatments and the risks.
Iceberg lettuce investigated as possible source of cyclosporiasis outbreak
Nearly 7,000 cases nationwide are confirmed or under investigation, according to the CDC. Michigan has accounted for the bulk of cases so far.
3 big Senate fundraising takeaways: From the Politics Desk
Plus, previewing Trump’s speech tonight.
Chloe Fineman leaving 'SNL' after seven seasons
Chloe Fineman announced her departure from 'Saturday Night Live' after seven seasons on the NBC sketch comedy show.
Early date with Ducks, Black Friday home game and more on Flyers' 2026-27 schedule
Here’s a complete breakdown of the Flyers’ 2026-27 schedule.
From The Sports Desk: Lionel Messi leads another late comeback win for Argentina
Messi and Argentina will now face Spain in the World Cup final on Sunday, hoping to become the first team since Brazil in 1962 to win back-to-back World Cup titles.
Dermatologist Reveals No. 1 Skin Symptom That Can Be a Sign of Heart Issues
In TODAY.com’s Expert Tip of the Day, a dermatologist explains the links between skin health and heart health.
Best business insurance for online startups and e-commerce stores
Get the business insurance your e-commerce store needs, including cyber liability and general liability coverage.
Health workers go on strike as Congo Ebola cases rise
Health workers go on strike as Congo Ebola cases rise
State Department hosting international officials to talk left-wing terrorism
Counterterrorism experts say the Trump administration’s focus on the far left lacks context about the full range of threats from extremists across the political spectrum.
Maine Senate candidates sprint to build early edge in delegate race
Democratic candidates are pushing grassroots networks to attend county party events this weekend, hoping their supporters become delegates at the July 25 nominating convention.
CNBC rated Ohio 'Top State for Business.' Here's what that means — and what it doesn't.
Ohio Republicans are touting a CNBC business rating, but one of its authors says it doesn't mean that life is great for average Ohioans.
The science behind Massachusetts' wildfire smoke-darkened skies
You’ve seen the smoky skies and hazy sunsets in Mass. caused by wildfires in Canada. Here’s the science behind it, and how it can affect your health.
Californian pair indicted for operating darknet drug trafficking business in U.S. and South Florida
Two suspects from California accused of running a darknet drug trafficking business throughout the U.S. and in Miami-Dade and Broward counties were indicted on Wednesday, authorities said.
Trump rule that would politicize grants faces fight from scientists and many others
A Trump administration proposal would give political appointees power to screen and terminate federal grants. Scientists, local governments and a Republican senator are resisting.
Thune says he defers to McConnell and team on health updates
Senate Majority Leader John Thune said there have been absences from members of Congress for extended periods of time on both sides of the aisle when asked by NBC News' Ryan Nobles if there needs to be more transparency.
Democrats’ deepening Israel divisions: From the Politics Desk
Plus, a critical period for Ukraine.
The States Try to Topple WarnerMount…Thus Begins the Local Antitrust Era
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Well, it looks like it’s time for another strategy column. Can I finally avoid writing about M&A? No, it seems I cannot. Admittedly, I’m a week early with this column, since I usually put it out every other week. But this news couldn’t wait. This will make three “Most Important Stories” in a row with a merger or acquisition as its centerpiece. First, Roku-Fox (an acquisition), then Comcast-NBCUniversal (a divestment!), and now the State AGs and the WGA’s lawsuits against Paramount’s pursuit of Warner Bros. Discovery (antitrust). M&A is usually the “most important” topic any given week, simply because a giant company merging or breaking up (or preventing those outcomes) can have the biggest impact on the streaming board. If you think about these companies as players in a game, changing the number of players is one of the biggest changes you can make. I shouldn’t really complain, either, since this lawsuit is very good news for customers and suppliers (econ speak for talent, workers and indie studios in Hollywood). So let me answer some questions about this potential trial, along with (shudder) making some heavily caveated predictions. I’ll also look at whether Hollywood must consolidate, whether or not the states can win, trouble at X-Box, Netflix’s YouTube binge, and more. Plus, I have five images that visualize this merger and the harm, including three brand new data looks you’ve never seen before. Subscribe Most Important Story of the Week - Can The States and the WGA Stop Hollywood’s Consolidation (Crisis)? If every other newsletter and news outlet is writing about the same story, I try to avoid writing about it as well, but I can’t ignore a story this consequential. The story of the last year was the fate of Warner Bros. Discovery, and this development potentially extends that saga into 2027. As I tried to figure out my angle, I realized, like my last column, I’m again faced with a series of questions. These questions, though, are much more forward-looking. Will the states win? Will the WGA win? If so, what happens to Warner Bros. Discovery? Either way, will this chill the market for future mergers? So you know what that means: predictions. About the future, no less, the hardest thing to predict.1 Just remember: nothing here comes with a guarantee. And the more confident someone is in their predictions, the less you should trust them. This situation is incredibly fluid, nuanced, uncertain and tenuous. So let’s try to explain what may happen. Question: Why File this Lawsuit? I’ll admit, a few months back, I was fairly pessimistic about the fate of this lawsuit. Rumors had started bubbling up that the state Attorneys General (in particular California) wanted to settle with either some minor divestments (usually CNN) or behavioral remedies. And that tracked for me: the states usually settle lawsuits, like the recent John Deere right-to-repair suit. Yet, they plan to fight this. (As they did the LiveNation-Ticketmaster monopolization trial and the Nexstar-Tegna merger.) Honestly, that also makes a ton of sense. Frankly, this move is just good politics for these State AGs. Most are still running for higher and higher office in blue states—some folks have emphasized that only Democratic AGs joined this suit, but given the Ellison/Trump ties, and fears of retribution, that tracks—and a high profile case like this will help them move up the electoral ladder, especially since Paramount and its leadership (the Ellisons, father and heir) have sided with the other side of the political aisle. That makes them unsympathetic to Democratic voters and Hollywood workers in particular. Why did this lawsuit happen? In addition to the very real concerns about industry consolidation, this is why. That said, I don’t think we would have seen this lawsuit for Netflix and Warner Bros., simply because they’re more sympathetic and aligned with Democrats. But those consolidation concerns are real. The “town”—meaning Hollywood and such—really is seeing the damage of mergers on this industry. That’s why the WGA also filed its own lawsuit in defense of workers as well. (Wildcard: What about Europe? Will they try to stop the deal, too? There have been some rumors out of the UK they may try to fight the deal, and UK enforcers just stopped a Getty Images-Shutterstock tie up, so there is precedence. This argument could go either way, though. On one hand, the EU doesn’t need to step in, cause they states are handling it. On the other hand, this could make the EU’s case easier. Just imagine if both sides coordinated. I’ll simply say, “We’ll see!”) Question: Will The State AGs or the WGA Win? Can the state AGs play David to Paramount-Skydance’s Goliath here? That’s really the whole thing, isn’t it? If you know this result, you could make a lot of money. When things are uncertain, it’s tempting to shrug and say, “Eh” meaning it’s a 50/50 proposition. I wouldn’t, though. When in doubt, you should expect that the merging parties succeed. AT&T did successfully buy Warner Bros., after all, and Disney bought Fox without any challenges. Many judges are extremely sympathetic to mergers, and I’d bet the state AGs get a judge who will allow the merger. (Even Obama-appointed judges often allow mergers.) As I understand it, we’ll see two main attacks. First, theatrical films. The AGs are arguing that, when it comes to share of box office and the number of both “wide releases” and blockbuster (or “tentpole”) films, the merging parties will have over 27% market share. Now, the Supreme Court once ruled from on high that any merger that exceeds 30% is presumptively illegal, but that’s guidance, not an ironclad bar. Still, the states will have to argue that this is close to having too much power, and with that power, this will likely further worsen the theater/studio splits in particular. Indeed, as Matthew Stoller pointed out, “just five studios are responsible for 95% of all blockbusters; if this merger goes through, then Paramount and Disney will control 60% of that.” So yes, movie studios will be very concentrated after this merger. Want me to visualize some of that? Well, here’s the share of films that grossed over $200 million at the domestic box office since 2022. (Note: this isn’t all films released in over 3,000 screens, but it is a good look at market power.) First, here are the 43 films by studio: Notice all the blue (Disney), orange (Universal), and purple (Warner Bros)? Yeah, those studios are powerful, and this combines Paramount with one of them. Here’s the look by studio and share of the films that grossed over $200 million: Now, if you look at that and also think, “Huh, should we break up Disney?” I’m with you. I’ve seen some folks poo-poo this idea that this is a real category, but it is! For an upcoming article, I’ve been pulling data on the share of top 100 films at the box office as a share of total box office, and it’s massive. Here’s the chart: (This analysis looks at The-Number’s top 100 films and total domestic box office each year.) To be clear, tentpoles make up 80.7% of the box office each year, so I do think it’s a genuine market. (To be clear, films grossing over $50 million make up 80% of the domestic box office, and films grossing over $100 million make up 64.1%.) I mean, the top 100 films at the box office make up 95% of each year’s grosses. Worse, the combined studios will likely cut output to flex that market power. Everyone can just look at what happened to Disney and Fox to see the precedent. (With fewer films, the remaining theaters have to give more for those few films that remain.) Here’s an image I’ve used a lot, the share of wide-release films from Disney and Fox over time: The AGs will also argue that this consolidation will also impact the cable industry. In this case, the consolidation is actually worse, but that environment is…complicated. Paramount will argue that the cable industry is shrinking. That said, predictions that cable will “go to zero” also don’t look very well supported by the data, as the declines are shrinking, meaning “cable” or “vMVPDs” will likely stabilize at some point. Can the state Attorneys General win on those two main arguments? I honestly don’t know. Again, I’d bet no, since history in general supports that, but it depends on the judge/jury and how they interpret the arguments. Notably, Paramount won’t face accusations about monopoly power in other areas, like streaming, news, sports rights, or vertical integration. I tend to disagree with leaving out sports rights, but I also see the appeal for a simpler case. The states also aren’t really pushing novel theories about labor harm either, which should help. (By the way, Sean McNulty at The Ankler wrote a great run through of potential options, and Capitol Forum also wrote a great paper on theatrical consolidation. Both these pieces predated the lawsuit. Matthew Stoller is also out with his analysis of the pros and cons of the case too.) In some ways, the WGA’s case is even stronger. Quoting Sean McNulty’s summary: “The WGA is citing WARNAMOUNT as crossing a 30% market share in multiple sectors, a number that the Supreme Court has precedent for deeming “presumptively anticompetitive” in a market. According to the WGA numbers, WARNAMOUNT would have represented: - 35% of film writing jobs between 2021 and 2024 - 36% of TV writing projects between 2022 and 2025 - 38% of overall deals between 2021 and 2024” Notably, antitrust enforcers did win recently in the Penguin-Simon & Schuster merger by focusing on labor impact, so don’t count this thinking out. (Wildcard: Will the states try to get a jury trial? Most likely no, they’ll let a judge handle it. If I’m them, though, I’d try to put this in front of a jury. Juries tend to understand monopoly power in a more realistic way than judges faced with legions of economists.) Question: What if They Win? What if They Lose?
Connecticut notches its best ever finish in CNBC state business rankings
Connecticut climbed to 23rd in CNBC's Top States for Business rankings. We asked the man behind the study what the state is doing right—and where it's falling behind.
USA Sports and Bundesliga announce exclusive multi-year U.S. media rights agreement
Matt Hong, President of USA Sports, joins CNBC’s “Halftime Report” to discuss the newly inked media rights deal.
From The Sports Desk: Argentina, England renew bitter rivalry in World Cup semifinals
Argentina is the defending World Cup champion and England is looking for its first title since 1966. The winner will face Spain in the World Cup final on Sunday.
"Hydration breaks" can help the "beautiful game" become a beautiful business
The 2026 World Cup has seen the "hydration break" become a point of contention, with in-stadium fans repeatedly booing (and the FIFA-fearful broadcasters not inclined to mention it) and Fox laughing all the way to the bank.
Trump administration live updates: U.S. launches daylight strikes on Iran
Get live updates and the latest news on the Trump administration as the U.S. strikes Iran, Todd Blanche testifies on his nomination for attorney general and intel chief nominee Jay Clayton appears at his confirmation hearing.
5 Eagles heading into 2026 poised for Pro Bowl jump
Here are five Eagles who might be poised for their Pro Bowl jump entering the 2026 season.
Florida falls slightly in CNBC business rankings
Florida is No. 8 among U.S. states.
More health workers go on strike as confirmed Ebola cases in Congo top 2,000, including 754 deaths
Health workers at the Bunia General Hospital went on strike on Wednesday, the latest group to have walked off their job at the epicenter over payment issues.
Strait of Hormuz remains 'de facto closed', no matter what the US says: Expert
Lars Jensen, CEO of Vespucci Maritime, says the economics and legalities of President Trump's proposed toll on the Strait of Hormuz made his U-turn on this inevitable. He also explains why he believes the Strait remains de fact closed despite U.S. assertions on the contrary, noting that freight rates and insurance premiums have surged on Trump's latest comments.
ICE and the Senate react to the latest shootings: From the Politics Desk
Plus, the Supreme Court goes to CongressPlus, the Supreme Court goes to Congress
2026 FIFA World Cup Schedule: Bracket, matches, dates, locations, group tables, results, how to watch
The full schedule with dates, times and stadiums for all 104 games at the 2026 World Cup.
Sean Hannity: This is a political movement that has ‘lost their minds’
Fox News host Sean Hannity discusses former MSNBC host Joy Reid's criticism of the late Sen. Lindsey Graham and the 'radical' agenda pushed by far-left Democrats on 'Hannity.'
Paramount-WBD merger could impact entertainment options
California Attorney General Rob Bonta joins "Here's the Scoop" to discuss how the merger between Paramount Skydance and Warner Bros. Discovery could impact the entertainment industry.
Magnolia Bakery in Chicago shut down over cockroach infestation, health violations
Magnolia Bakery's Chicago location was shut down after a failed inspection on Monday found several violations, including live cockroaches.
Apple looks to shrink AI models for iPhones
Apple is reportedly in very early discussions with PrismML, a Silicon Valley startup spun out of the California Institute of Technology and backed by Khosla Ventures, about technology that could dramatically reduce the size of powerful AI models so they can run directly on iPhones, CNBC reports. PrismML recently announced that it compressed Alibaba’s open-source […]
Majority of Fort Worth Council supports data center pause. Will it happen?
The majority of Fort Worth City Council wants a temporary moratorium on data centers. A supermajority is needed. This comes after the Fort Worth Zoning Commission voted not to recommend new rules for data centers within the city. Lone Star Politics speaks with Councilwoman Elizabeth Beck, one of the leaders of the effort.
Lone Star Politics: July 12, 2026
This week on Lone Star Politics, Fort Worth City Council is taking the next steps after the zoning commission voted not to recommend new rules for data centers within the city. Plus, a lawsuit at Texas Tech is looking to clarify the line between censorship and academic freedom.
Apple in talks with startup that shrinks AI models to run on an iPhone
PrismML says its compressed version of Alibaba’s Qwen model uses up to 15 times less memory, potentially advancing Apple’s AI push.
Here's where Wisconsin ranks among best states for business
USA TODAY NETWORK Wisconsin is the 22nd best state for business, according to a new analysis by CNBC. The America’s Top States for Business
Fun Science Projects: Elephant Toothpaste, Unpoppable Bubbles
Emily Calandrelli, science advocate and bestselling author, joins TODAY’s Jenna Bush Hager and Sheinelle Jones to share some easy experiments from her upcoming book “Stay Curious and Start Exploring.”
From The Sports Desk: Spain, France meet in star-studded World Cup semifinal
Spain’s teenage phenom Lamine Yamal has only scored once during this tournament. Will he rise to the occasion today against Kylian Mbappé and France?
IBM plunges on preliminary Q2 miss, cites weakness in software, infrastructure businesses
CNBC’s Carl Quintanilla, Jim Cramer and David Faber discuss the news of the day.
SC isn't the best, or the worst, state for business in the US
South Carolina isn't the best, but not the worst, for business, according to CNBC's 2026 rankings.
‘Lettuce or salad greens' could be potential source of cyclosporiasis outbreak, health officials say
Thousands of cases of the parasite, which can cause "explosive" diarrhea, have been recorded in the Midwest.
NBC host gives health update after previously revealing cancer diagnosis on air
She shared the news on her Instagram page on Sunday.
Indiana is a top business state but fails residents, reports say
CNBC named Indiana a top state for business, but the state earned an F grade for quality of life and childcare.