business news

BlackRock-backed fintech Trustly says IPO still at least one year out even as profits jump 51%

The boss of Swedish financial technology startup Trustly says an initial public offering for the company is still a year…

Ukraine war updates: Italy says no to Ukraine using Western weapons to strike military targets inside Russia

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia’s cross-border offensive into Ukraine’s northeastern Kharkiv region…

South Africa’s ruling ANC set to lose majority in pivotal vote, early results show

South African’s governing African National Congress appears set to lose majority control in the country’s most seismic political transition since…

Stocks making the biggest moves after hours: Salesforce, UiPath, Capri, Pure Storage and more

Check out the companies making headlines in extended trading: Salesforce — Shares plunged more than 14% after first-quarter revenue of…

Supreme Court Justice Alito rejects calls to recuse from Trump, Jan. 6 cases

Supreme Court Justice Samuel Alito on Wednesday rejected Democratic lawmakers’ requests that he recuse himself from key cases related to…

DOJ charges Chinese national with operating ‘world’s largest botnet’ that stole $5.9 billion in Covid relief funds

A global malware network responsible for the theft of $5.9 billion in Covid relief funds and tied to other crimes…

All charges dropped against golf champ Scottie Scheffler in Louisville case

Kentucky prosecutors on Wednesday dropped all criminal charges against golf champ Scottie Scheffler related to his controversial arrest May 17…

This retirement planning gap is ‘hidden in plain sight,’ Harvard professor says

For many people, retirement planning is all about money: how to invest, how much to save, when to claim Social…

Nissan issues ‘do not drive’ alert for nearly 84,000 older models with recalled airbags

Nissan has warned owners of older vehicles to drop driving cars equipped with recalled, unrepaired Takata airbags the National Highway…