business news

India’s Modi to meet with Trump, Musk on Thursday as trade tensions mount
World

India’s Modi to meet with Trump, Musk on Thursday as trade tensions mount

India’s Prime Minister Narendra Modi on Sept. 4, 2024. Dean Kassim | Afp | Getty Images Indian Prime Minister Narendra Modi is headed to Washington, D.C., for meetings with President Donald Trump and members of his administration, including Elon Musk, to discuss topics such as efforts to avoid a trade war and artificial intelligence policy, […]

Read More
CFPB’s new leadership begins staff purge with dozens of employees terminated
Finance

CFPB’s new leadership begins staff purge with dozens of employees terminated

Key Points The Consumer Financial Protection Bureau sent termination notices to several dozen employees, according to people with knowledge of the situation. The affected staff were mostly those with probationary status, said the people, who asked for anonymity to speak candidly after orders to stop all agency work, including speaking with reporters. Several of those […]

Read More
Trump reciprocal tariffs could come by Thursday, White House says
World

Trump reciprocal tariffs could come by Thursday, White House says

U.S. President Donald Trump looks on, as he signs executive orders in the Oval Office of the White House in Washington, U.S., Feb. 10, 2025.  Kevin Lamarque | Reuters President Donald Trump could announce his reciprocal tariff plan before he meets with Indian Prime Minister Narendra Modi on Thursday, the White House said Wednesday. “I […]

Read More
Apple brings its TV streaming service to rival Android platform
Technology

Apple brings its TV streaming service to rival Android platform

Britt Lower and Adam Scott in “Severance,” now streaming on Apple TV+. Source:  Apple TV+ Apple TV+ is now available on Android devices as the iPhone maker on Wednesday released its video streaming service for Google’s mobile computing platform.  It’s unusual for Apple to release Android apps. The company typically focuses on software for its own […]

Read More
ESPN host Stephen A. Smith says he would be U.S. president as long as he doesn’t have to campaign
Business

ESPN host Stephen A. Smith says he would be U.S. president as long as he doesn’t have to campaign

Outspoken ESPN personality Stephen A. Smith is not ruling out a presidential run in his future. In an interview with CNBC Sport, Smith said, “I wouldn’t mind being in office.” Yet, the popular television host said it is the campaigning and being a politician that turns him off. “I’m not one of those dudes that’s […]

Read More
Trump froze a bribery law that previously hit suppliers for Elon Musk’s Tesla
Politics

Trump froze a bribery law that previously hit suppliers for Elon Musk’s Tesla

Elon Musk listens to U.S. President Donald Trump speak in the Oval Office of the White House in Washington, D.C., U.S., Feb. 11, 2025.  Kevin Lamarque | Reuters The anti-bribery law whose enforcement President Donald Trump has suspended was previously used by the Department of Justice and financial regulators to win settlements totaling more than […]

Read More
Comcast and NBCUniversal receive FCC inquiry on DEI initiatives
Business

Comcast and NBCUniversal receive FCC inquiry on DEI initiatives

U.S. President-elect Donald Trump speaks to Brendan Carr, his intended pick for Chairman of the Federal Communications Commission, as he attends a viewing of the launch of the sixth test flight of the SpaceX Starship rocket on November 19, 2024 in Brownsville, Texas.  Brandon Bell | Getty Images The Federal Communications Commission has alerted Comcast […]

Read More
Healthy Returns: What to know about Trump’s NIH funding cuts
Health

Healthy Returns: What to know about Trump’s NIH funding cuts

Biotech researchers. Janiecbros | E+ | Getty Images A version of this article first appeared in CNBC’s Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions. The Trump administration is trying to implement major funding cuts to the National Institutes of Health that would cap […]

Read More
CVS CEO defends pharmacy middlemen, accuses drugmakers of ‘monopolistic’ practices
Health

CVS CEO defends pharmacy middlemen, accuses drugmakers of ‘monopolistic’ practices

David Joyner, a longtime CVS executive, speaks during a Senate Health, Education, Labor and Pensions Committee hearing in Washington, D.C., on May 10, 2023. Al Drago | Bloomberg | Getty Images CVS Health CEO David Joyner on Wednesday defended controversial pharmacy middlemen like his company’s Caremark unit, which are widely accused of inflating prescription medication […]

Read More
The New York Stock Exchange is launching an exchange in Texas
Finance

The New York Stock Exchange is launching an exchange in Texas

Key Points NYSE Chicago, previously the Chicago Stock Exchange, will soon become NYSE Texas. Last month, TXSE Group announced that it had filed for registration of the Texas Stock Exchange with the Securities and Exchange Commission. Texas has also emerged as a competitor to Delaware as the legal home of major companies. Source

Read More