business news

U.S. and China are working to make the business environment less volatile, Beijing says

BEIJING — China and the U.S. are working toward creating a more stable and predictable environment for businesses, Chinese Commerce…

LVMH shares jump over 12% as earnings point to luxury sector resilience

LVMH shares jumped more than 12% on Friday morning, after the world’s largest luxury group posted higher-than-expected sales for 2023…

Putin says Ukraine likely shot down plane with U.S. or French missiles; Kyiv begins EU accession talks

This was CNBC’s live blog tracking developments on the war in Ukraine. Ukraine formally started the screening process to begin…

JPMorgan Chase shuffles top leaders as race to succeed Jamie Dimon drags on

JPMorgan Chase on Thursday said several executives considered front-runners to one day take over for CEO Jamie Dimon had new…

RNC member scraps resolution to make Trump presumptive GOP nominee

A draft resolution that would have led the Republican National Committee to declare Donald Trump the GOP’s presumptive 2024 presidential…

Former Trump lawyer Rudy Giuliani raises less than $1 million from 13 donors in legal defense fund

Rudy Giuliani was able to raise less than $1 million from just 13 donors, among them his friends and a…

Levi Strauss plans to cut at least 10% of its global corporate workforce in restructuring

Levi Strauss will lay off at least 10% of its global corporate workforce as part of a restructuring, the apparel…

Treasury chief Yellen touts GDP numbers as a boon to the middle class

WASHINGTON — Treasury Secretary Janet Yellen praised the positive economic growth numbers on Thursday as a benefit for the middle…