business news

James Gorman talks Disney succession, proxy fight as he gears up to join board

Morgan Stanley CEO James Gorman said Thursday that he’s gearing up to join a succession planning committee at Disney, which…

Trump immunity claim: DOJ special counsel pushes Supreme Court for quick action on appeal

The federal special counsel prosecuting Donald Trump urged the Supreme Court on Thursday to quickly hear an appeal on whether…

Coinbase secures crypto license in France, pushing deeper in Europe amid rift with the SEC

Cryptocurrency exchange Coinbase secured registration with the French markets regulator, a company spokesperson confirmed Thursday, paving the way for the…

Man pleads guilty in stock fraud case involving $100 million New Jersey deli

A North Carolina ex-convict pleaded guilty to securities fraud in connection with conspiring to manipulate the stock of a company…

UK and Switzerland sign post-Brexit financial services deal

LONDON — The U.K. and Switzerland on Thursday signed a post-Brexit financial services deal designed to bring two of Europe’s…

Ikea says products will be delayed due to Red Sea diversions

Ikea warned of delays on some products due to the mass diversion of shipping containers from the Red Sea over…

Russia vows to retaliate if EU gives frozen assets to Kyiv; Ukraine hit with overnight drone attack

This was CNBC’s live blog tracking developments on the war in Ukraine. Russia on Thursday vowed to retaliate in kind…

Houthi attacks rocking Red Sea trade routes likely won’t end anytime soon. Here’s what could happen next

Drone and missile attacks by Yemen-based Houthi militants have upended shipping through the Red Sea and Suez Canal, a narrow…