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The C3.ai logo is seen near a computer motherboard in this illustration taken on Jan. 8, 2024.Dado Ruvic | ReutersShares of the enterprise artificial intelligence company C3 AI fell 14% in extended trading on Wednesday after it announced fiscal first-quarter results and the appointment of Stephen Ehikian as its new CEO.C3 AI reported $70.3 million in revenue for the quarter, down from $87.2 million during the same period last year. The company’s GAAP net loss widened to an 86-cent loss from a 50-cent loss a year ago.Ehikian is a long-time tech executive who built two companies that were both acquired by Salesforce, C3…

Togethxr, a company founded by athletes Alex Morgan, Sue Bird, Simone Manuel and Chloe Kim, has announced a partnership that puts its slogan “Everyone Watches Women’s Sports” on the jerseys of the London City Lionesses.London City are playing this season in the English Women’s Super League. The team’s opening match is set for Saturday at Arsenal.Editor’s Picks1 RelatedMichele Kang, owner of the Washington Spirit in the NWSL and OL Lyonnes in the top French league, bought the Lionesses in 2023. London City are the only WSL team not affiliated with a Premier League club.”London City Lionesses was founded to reimagine…

Cambridge, MA – May 29: Law school graduates raise gavels during Harvard University’s 374th Commencement on May 29, 2025. Craig F. Walker | Boston Globe | Getty ImagesA federal judge on Wednesday ruled that the Trump administration’s freeze of $2.2 billion in grant funds for Harvard University over concerns about antisemitism on campus and other issues was illegal, calling it “a targeted, ideologically-motivated assault on this country’s premier universities.”Judge Allison Burroughs agreed with Harvard’s arguments that the administration imposed the funding freeze in retaliation for the Ivy League university’s refusal to capitulate to demands for reforms that violated First Amendment…

Marc Benioff, co-founder and CEO of Salesforce, sits for an interview in San Francisco on April 25, 2025.David Paul Morris | Bloomberg | Getty ImagesSalesforce issued disappointing guidance on Wednesday, even as earnings and revenue topped estimates for the fiscal second quarter. The stock dropped 4% in extended trading.Here’s how the company did in comparison with LSEG consensus:Earnings per share: $2.91 adjusted vs. $2.78 expectedRevenue: $10.24 billion vs. $10.14 billion expectedRevenue increased 10% from $9.33 billion a year earlier, according to a statement. Net income rose to $1.89 billion, or $1.96 per share, from $1.43 billion, or $1.47 per share,…

Figma shares plunged 14% in extended trading on Wednesday after the design software company reported results for the first time since its initial public offering in July.Here’s how the company did in comparison with LSEG consensus:Earnings per share: BreakevenRevenue: $249.6 million vs. $248.8 million expectedRevenue increased 41% year over year in the second quarter from $177.2 million a year earlier, Figma said in a statement. The company provided a preliminary estimate of $247 million to $250 million in a July regulatory filing. CNBC isn’t including a profit estimate because it’s Figma’s first earnings report.Net income totaled $846,000, compared with a…

American Eagle said Wednesday its partnership with Sydney Sweeney has been its “best” advertising campaign to date as it announced fiscal second-quarter earnings that beat expectations. The company’s splashy, yet controversial, campaign with the “Euphoria” star led to some criticism and blowback but the launch, coupled with a recent partnership with Taylor Swift’s new fiancé Travis Kelce, has led to new customer acquisition and positive traffic across channels. American Eagle stock soared more than 20% in after-hours trading Wednesday.”The fall season is off to a positive start. Fueled by stronger product offerings and the success of recent marketing campaigns with Sydney Sweeney…

With no winner on Monday, Powerball’s jackpot has grown to $1.4 billion — the highest it’s been in more than a year.Ahead of Wednesday evening’s drawing at 10:59 p.m. ET, the prize is now ranked as the fourth largest in the game’s history and the sixth-largest U.S. lottery jackpot ever, according to the Multi-State Lottery Association that runs the lottery.Here’s a look at the 10 biggest Powerball jackpots of all time and where the winning ticket was purchased:$2.04 billion — Nov. 7, 2022 (California)$1.765 billion — Oct. 11, 2023 (California)$1.586 billion — Jan. 13, 2016 (California, Florida, Tennessee)$1.40 billion (estimated)…

Federal Reserve Governor Lisa Cook attends the Federal Reserve Bank of Kansas City’s 2025 Jackson Hole economic symposium, “Labor Markets in Transition: Demographics, Productivity, and Macroeconomic Policy” in Jackson Hole, Wyoming, U.S., August 23, 2025. Jim Urquhart | ReutersTwo Republican senators said Wednesday that they will not consider a possible replacement for Federal Reserve Board Governor Lisa Cook until her lawsuit challenging her firing by President Donald Trump is resolved.”She is still in the position, she has not had due process yet,” Sen. Mike Rounds, R-S.D., told CNBC.Rounds, a member of the Senate Banking, Housing and Urban Affairs committee, refused…

President Donald Trump arrives to speak on his plan to end tax on tips in Las Vegas, Jan. 25, 2025.Mandel Ngan | Afp | Getty ImagesWho qualifies for ‘no tax on tips’ The Treasury’s preliminary list outlined 68 occupations that “customarily and regularly received tips” on or before Dec. 31, 2024, which would qualify for the new deduction.Here are the tipped workers who may qualify for Trump’s “no tax on tips” deduction:Beverage and food serviceBartendersWait staffFood servers, non-restaurantDining room and cafeteria attendants and bartender helpersChefs and cooksFood preparation workersFast food and counter workersDishwashersHost staff, restaurant, lounge and coffee shopBakersEntertainment and eventsGambling…

NEW YORK (AP) — The U.S. Department of Justice has requested access to voting equipment used in the 2020 election in two Missouri counties in what appears to be a wide-ranging effort to more closely monitor election processes around the country.A DOJ official in August contacted the county clerks and asked for access to their Dominion Voting Systems equipment, according to a memo from the Missouri Association of County Clerks and Election Authorities that was shared Wednesday with The Associated Press.Jasper County Clerk Charlie Davis declined, saying he no longer had the equipment. The memo said McDonald County Clerk Jessica…