Tesla is working on new battery cell designs, and a way to make their own cells, with R&D teams in a lab near its car plant in Fremont, California.Technologyread more
The Federal Reserve and the market are miles apart on interest rate expectations, and the disparity could cost the stock market a 7%-10% drop, economists say.Economyread more
President Trump lambastes Twitter, Google and other technology giants for what he claims as their efforts to stifle him.US Economyread more
Underneath the impressive market rally is a trend that doesn't seem quite right, according to J.P. Morgan.Marketsread more
Mnuchin tells CNBC he's confident President Trump and China's Xi Jinping can make progress in stalled trade talks.World Economyread more
JP Morgan's Jamie Dimon says student lending "is a disgrace and it's hurting America."Economyread more
These are the stocks posting the largest moves midday.Market Insiderread more
The Supreme Court refused to overturn a precedent that strengthened the power of government regulators in a closely watched case that could have had broad ramifications for...Politicsread more
Shares of Paychex dropped on Wednesday after Bank of America downgraded the stock due to its "excessive valuation" and "underwhelming fundamentals."Marketsread more
A full-time worker earning the federal minimum wage of $7.25 per hour cannot rent an affordable two-bedroom apartment anywhere in the country, where affordable is defined as...Spendread more
The president raised $6 million alone at a fundraiser he attended at the Trump International Hotel on Tuesday in Washington.Politicsread more
Qualcomm on Friday said it's working on updates for products that are affected by recently announced chip-level security vulnerabilities.
These vulnerabilities, first disclosed earlier this week by security researchers from Google and other organizations, have already wiped billions in value from Intel, whose chips are among those affected. They have also forced many software and cloud services companies, including Amazon, Apple, IBM and Microsoft, to deploy fixes.
"We are actively incorporating and deploying mitigations against the vulnerabilities for our impacted products, and we continue to work to strengthen them as possible," a spokesperson told CNBC in an email. "We are in the process of deploying these mitigations to our customers and encourage people to update their devices when patches become available."
Researchers have found that one of the vulnerabilities affect processors from AMD, as well as chips that use certain Arm technology. Qualcomm chips do use Arm technology, and so the disclosure from Qualcomm shouldn't be a major surprise.
Still, Qualcomm stock fell about 1 percentage point in after-hours trading on Friday after the company made the disclosure.
The spokesperson didn't identify the affected products, although the upcoming Qualcomm Snapdragon 845 chip is likely included in the bunch. It's expected to contain Arm's Cortex-A75 core, which is affected by the vulnerabilities.