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Elon Musk's high-profile lawsuit against OpenAI, the company's CEO Sam Altman and its President Greg Brockman kicks off with jury selection in federal court in California on April 27th. Musk, who co-founded OpenAI in 2015 alongside Altman and Brockman, alleges he was deceived into donating roughly $38 million to the startup under the promise that it would remain a nonprofit.

The United States Army paired a new bunker buster warhead created with 3-D printed components with a small Unmanned Aircraft System, allowing the service to deliver ground-penetrating explosive power from a suicide drone for the first time.

US Representative French Hill, chair of the House Financial Services Committee, discusses the recent decision by the Department of Justice to drop the criminal investigation into the Federal Reserve's building costs. Speaking on Bloomberg Television, Rep.

JPMorgan promoted 135 executives in global banking and markets to the rank of managing director. Two of the bankers previously made Business Insider's Rising Stars of Wall Street list.

The Justice Department is ending a controversial investigation into building-renovation cost overruns by the Federal Reserve, potentially clearing a path to confirmation for Kevin Warsh, President Donald Trump's pick to be the next Fed leader. US Attorney Jeanine Pirro said in a social media post Friday that the Fed Inspector General had been asked to scrutinize the cost overruns.

Ghana's union of mineworkers has warned it would continue to oppose a government policy that requires international companies to hire local firms as mining contractors, even though many large miners have already complied with the regulation introduced last year.

Bitwise, Roundhill and GraniteShares have filed applications with the SEC to offer event contracts as exchange-traded funds.

Move will remove obstacle for confirmation of Kevin Warsh, Trump's pick to replace Powell as Federal Reserve chair

Dozens of the chain's locations across nine states are set to shut down after a franchisee filed for Chapter 7 bankruptcy.

Dan Niles, founder and protfolio manager at Niles Investment Management, joins 'Squawk on the Street' to discuss Intel's latest earnings report, the impacts of agentic artificial intelligence, and more.

The Department of Justice abandoned its investigation into Federal Reserve Chairman Jerome Powell on Friday, clearing the way for Kevin Warsh to assume the chairmanship in May. Powell, who saw the probe as an effort to interfere with the central bank's independence, had vowed to stay on at the Fed until the case was completely put to rest.

In the first quarter, there seemed to be one thing after another to create further uncertainty for markets. With the Iran conflict driving a selloff in stocks and increasing volatility, it's weighed on the Nasdaq IPO Pulse, which fell to a nine-month low in March. Similar to its U.S. counterpart, the Nasdaq Stockholm IPO Pulse fell in March, dropping to a seven-month low. Since the dips in the IPO Pulses fall well short of signaling a downturn in IPO activity and U.S. and European equities have rebounded in April, it's entirely possible that the first quarter's softer activity will prove to be a blip.

Sawiris is a descendant of Egypt's wealthiest family (his two brothers, Naquib and Samih, are also billionaires) with a net worth of roughly $9.3 billion, ranking him among the 375 richest people in the world. He has a 5% stake in New York-listed firm Madison Square Garden Sports, owner of the NBA Knicks and the NHL Rangers teams, and bought Aston Villa in partnership with Fortress Investment Group's Wes Edens.

This is a developing story.

CNBC's Eamon Javers reports the latest news on the DOJ's investigation in Fed Chair Jay Powell.

Charter Communications shares plummeted more than 20% in early trading Friday after the company delivered first-quarter results that disappointed Wall Street. Earnings per share of $9.17 on a diluted basis fell well short of analysts' consensus estimate of $10.63. Total revenue dipped 1% to $13.6 billion, hitting the Street's target.

Strength from FedEx, J.B. Hunt, and CSX can be seen as a positive economic indicator.

Anxiety about the war in Iran has left Americans in the grimmest economic mood on record, according to the University of Michigan's survey.

President Donald Trump's Department of Justice on Friday said that it's backing down in a standoff over the leadership of the Federal Reserve, and that announcement is expected to pave the way for Trump's nominee for Fed chair, Kevin Warsh, to take over for current Fed chief Jerome Powell as Powell's term for that role ends May 15.

I believe the market is underestimating the Fed's room to cut, as core inflation looks contained despite the oil shock, and labor data suggest a no-hire, no-fire market. To be clear, I don't expect the first cut to occur until the June FOMC meeting, at the earliest.