Tag: business news
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A Chinese start-up’s unfolding dilemma exposes cracks in Beijing’s tech funding machine
While the U.S. channels support to tech winners indirectly via incentives, Chinese governments at every level take direct equity stakes.
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Oil prices fall on hopes of U.S.-Iran deal despite Tehran pushback
Oil prices fell on Friday after U.S. President Donald Trump said Washington had reached a framework agreement with Iran, raising hopes that tensions in the Middle East could ease.
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Honeywell CEO says AI will ‘redefine automation’ as labor shortages mount
Honeywell CEO Vimal Kapur said AI is poised to “redefine automation” by helping companies turn operational data into actionable insights.
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Pirro’s losses in Fed investigation should stay on the books, judge rules
In a scathing ruling, Judge James Boasberg denied U.S. Attorney for the District of Columbia Jeanine Pirro’s request to vacate his earlier orders.
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Warren questions SpaceX IPO oversight in new letter to stock indexes
Sen. Elizabeth Warren seeking answers on changes to index provider waiting periods, protections for retail investors, in a letter obtained first by CNBC.
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Nearly 7 million student loan borrowers remain in defunct Biden-era payment plan: Trump official
Millions of student loan borrowers who’ve lingered in the SAVE plan are at risk of getting billed unaffordable payments and eventually falling into default.
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SpaceX cuts retail IPO allocation to low 20% range, source says
The Elon Musk-led company plans to direct a percentage in the low 20s of the offering to retail buyers, according to a person familiar with the matter.
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Trump picks former SEC Chairman Jay Clayton as national intelligence director
Skip NavigationMarketsBusinessInvestingTechPoliticsVideoWatchlistInvesting ClubPROLivestreamMenu President Donald Trump on Thursday said that he is nominating Jay Clayton to become the next permanent director of national intelligence. Clayton
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CNBC Sport: The plan for this year’s World Cup to revolutionize Major League Soccer
MLS Commissioner Don Garber is banking on this year’s World Cup to change the trajectory of American soccer.
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Pimco is warning about a spike in defaults — How it says income investors should position portfolios
Pimco is warning fixed-income investors to stay away from lower-quality credit, but sees plenty of opportunities in high-quality assets.
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