China may have to brace for a new wave of bond defaults, S&P says
BEIJING — China’s state-directed economy may be creating the conditions for a new wave of bond defaults that could come…
U.S. prosecutors seek 36-month sentence for ex-Binance CEO Changpeng Zhao
U.S. prosecutors are seeking an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance on charges of…
Ukraine war live updates: Biden signs Ukraine military aid package into law; Russian official arrested on bribery charges
This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates. U.S. President…
China’s Xiaomi is selling more EVs than expected, raising hopes it can break even sooner
BEIJING — Chinese smartphone company Xiaomi‘s new electric vehicle is selling better than expected, putting it closer to break-even despite…
FTC votes to ban noncompete clauses that bar employees from working for competitors
The Federal Trade Commission on Tuesday voted 3-2 for a nationwide ban against noncompete agreements, which companies use to prevent…
DJT stock plunges 8% as Trump qualifies for 36 million bonus shares
Trump Media shares fell 8% Tuesday as former President Donald Trump qualified for an expected earnout bonus. DJT closed at…
Senate passes long-awaited aid for Israel, Ukraine, Taiwan, and TikTok bill
The Senate on Tuesday passed a package to provide billions in aid to Israel, Ukraine and Taiwan, sending the legislation…
ByteDance, TikTok shelled out $7 million on lobbying and ads to combat potential U.S. ban
TikTok and its China-based parent company ByteDance combined to spend over $7 million so far this year to try and…
