Donald J. Trump
Former cybersecurity agency chief Chris Krebs leaves SentinelOne after Trump targets him in executive order
A week ago, President Donald Trump signed an executive order targeting former Cybersecurity and Infrastructure Security Agency Chief Chris Krebs, and calling on the government to suspend the security clearances of any entities with whom he’s associated. The order specifically named SentinelOne, Krebs’ employer. On Wednesday, Krebs announced his resignation from SentinelOne, a cybersecurity company […]
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Chip stocks fall as Nvidia, AMD warn of higher costs from China export controls
Nvidia CEO Jensen Huang delivers the keynote for the Nvidia GPU Technology Conference at the SAP Center in San Jose, California, on March 18, 2025. Brittany Hosea-small | Reuters Technology stocks declined Wednesday, led by a 8% drop in Nvidia, as the chipmaking sector signaled that President Donald Trump’s sweeping tariff plans could hamper demand […]
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Wall Street trading desks are feasting on the volatility from Trump’s global upheaval
U.S. President Donald Trump meets with El Salvador President Nayib Bukele (not pictured) in the Oval Office at the White House in Washington, D.C., U.S., April 14, 2025. Kevin Lamarque | Reuters Wall Street banks just posted their biggest-ever haul from stock trading as the opening months of President Donald Trump’s tenure led to upheavals […]
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Judge finds probable cause to hold Trump administration in criminal contempt in deportation flights case
U.S. President Donald Trump arrives for a presentation of the Commander-in-Chief trophy to the U.S. Navy Midshipmen football team of the United States Naval Academy, at the White House in Washington, D.C., U.S., April 15, 2025. Evelyn Hockstein | Reuters A federal judge found probable cause to hold the Trump administration in criminal contempt for […]
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Trump fires Democratic board members of credit union watchdog
Todd Harper, chairman of the National Credit Union Administration (NCUA), during a House Financial Services Committee hearing in Washington, DC, on Tuesday, May 16, 2023. Nathan Howard | Bloomberg | Getty Images The White House has fired two Democratic board members of the National Credit Union Administration, the officials said on Wednesday, as President Donald […]
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Medical product manufacturers are divided over Trump’s tariffs
President Donald Trump’s tariffs are creating a divide in the medical community. Medical devices and protective gear made in China, Mexico and Canada were exempt from duties during the first Trump administration, but so far have not gotten a reprieve from his newest round of levies. While device makers who would take a big hit […]
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California suing Trump to stop his ‘unlawful’ tariffs
US President Donald Trump and First Lady Melania Trump are greeted by California Governor Gavin Newson upon arrival at Los Angeles International Airport in Los Angeles, California, on Jan. 24, 2025, to visit the region devastated by the Palisades and Eaton fires. Mandel Ngan | AFP | Getty Images California on Wednesday is set to […]
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European markets set for a negative open as tariff uncertainty weighs on sentiment
Heineken revenue beats estimates but beer sales wane Beers on display at Winn-Dixie grocery store in Miami, Florida. Jeff Greenberg | Universal Images Group | Getty Images Dutch brewing giant Heineken posted a 4.9% year-on-year decline in first-quarter revenue to 7.78 billion euros ($8.85 billion) as beer sales fell 2.1%. Organic net revenue before exceptional items […]
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CNBC’s The China Connection newsletter: The U.S. wants China to call. Why it won’t – for now
Trade tensions between the world’s two largest economies have escalated in the last two weeks. Dilara Irem Sancar | Anadolu | Getty Images This report is from this week’s edition of CNBC’s The China Connection newsletter, which brings you insights and analysis on what’s driving the world’s second-largest economy. Each week, we’ll explore the biggest […]
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Critical chip firm ASML flags tariff uncertainty after net bookings miss
Jaap Arriens | Nurphoto | Getty Images Dutch semiconductor equipment firm ASML on Wednesday missed on net bookings expectations, suggesting a potential slowdown in demand for its critical chipmaking machines. ASML reported net bookings of 3.94 billion euros ($4.47 billion) for the first three months of 2025, versus a Reuters reported forecast of 4.89 billion […]
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