business news

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…

White House to support new nuclear power plants in the U.S.

The White House on Wednesday plans to announce new measures to support the development of new U.S. nuclear power plants,…

Jim Chanos calls suit accusing him of embezzling funds ‘baseless and defamatory’

Famed short seller Jim Chanos called a lawsuit accusing him of embezzling funds for personal use, “false, baseless and defamatory.”…

Crypto exchange Gemini returns $2.2 billion to users after pausing withdrawals 18 months ago

Customers with funds locked up in crypto exchange Gemini’s defunct crypto lending program are finally going to start getting their…

Goldman Sachs partner Beth Hammack to succeed Mester as Cleveland Fed leader

A Goldman Sachs executive and finance industry veteran will take over as the new president of the Cleveland Federal Reserve.…

Global debt has grown to $315 trillion this year — here’s how we got here

The world is mired in $315 trillion of debt, according to a report from the Institute of International Finance. This global debt…

Trump trial jury ends first day of deliberations after asking to re-hear testimony, judge’s instructions

The New York jury weighing criminal charges against former President Donald Trump ended its first day of deliberations on Wednesday…

Clean Energy Ventures raises $305 million to back early-stage climate startups

Clean energy stocks may be underperforming in the public market. But there is still a great appetite for companies focused…

Macron says Kyiv should be allowed to use Western weapons on Russian military sites; Blinken travels to Moldova

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine should be allowed to use Western arms…