business news

Billionaire-backed Koch network halts Nikki Haley campaign funding after South Carolina loss

Americans for Prosperity Action, the network backed by billionaire Charles Koch, is pausing its financial support of Republican presidential candidate Nikki…

China opposes U.S. sanctions on Chinese companies for Russia-related reasons

China firmly opposes the United States imposing sanctions on Chinese enterprises for Russia-related reasons, the Chinese commerce ministry said on Monday. China will take necessary measures to firmly safeguard the legitimate…

Russia is preparing a new summer offensive against Ukraine, Zelenskyy says; China slams sanctions threat

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia is preparing a new offensive against Ukraine…

Online trading platform Webull is set to go public via a $7.3 billion SPAC deal

Webull is planning to go public through merging with a special purpose acquisition company in a deal that values the…

Palestinian Prime Minister Shtayyeh resigns as pressure grows over post-war Gaza plans

Palestinian Prime Minister Mohammad Shtayyeh announced his resignation on Monday, as the Palestinian Authority looks to build support for an…

Trump appeals New York civil fraud verdict

Former President Donald Trump on Monday filed a notice of appeal of the New York civil judgment finding him liable…

Hungary votes to approve Sweden’s NATO membership

Hungary on Monday voted to approve Sweden’s NATO accession bid, ending months of diplomatic negotiations and finalizing Stockholm’s membership almost…

Trump and his favorite fundraising platform both face donor problems

Every so often, Matthew Hurtt receives concerning emails. The subject lines are each slightly different: “Stop charging my account,” “Urgent!”…

Personal pilot for billionaire Joe Lewis pleads guilty to insider trading scheme

A personal pilot for British billionaire investor Joe Lewis pleaded guilty Monday to securities fraud related to the same insider…