business news

U.S. and China vie for dominance in new ‘a la carte’ world order, survey finds

LONDON — Rare, high-stakes talks between U.S. President Joe Biden and Chinese counterpart Xi Jinping on Wednesday come against the…

Russia says ‘hell’ awaits Ukrainians after confirming they’ve crossed the Dnieper River into occupied territory

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates.  Russian forces…

Israel-Hamas war updates: U.S. reps say hostage deal is ‘very close’; WHO criticizes Israeli raid on Gaza hospital

This was CNBC’s live blog tracking developments on the Israel-Hamas war. See the latest updates here. Israel said its forces…

China’s unfinished property projects are 20 times the size of Country Garden

BEIJING — The size of unfinished, pre-sold homes in China is about 20 times the size of property developer Country…

China retail sales, industrial data grow faster than expected in October

BEIJING — China on Wednesday reported better-than-expected retail sales and industrial data for October, while the real estate drag worsened. …

PGA Tour says it will offer players equity ownership after it seals deal with investors

The PGA Tour said Tuesday it will begin to offer professional players direct equity ownership in the new company that…

House passes bill to avoid government shutdown, Senate to vote next

WASHINGTON — The House approved a bill Tuesday that would avert a government shutdown, sending the measure next to the…

Citadel chief Griffin weighs backing Haley in Republican primary

Billionaire Citadel CEO Ken Griffin is “actively contemplating” financially supporting former U.S. ambassador to the United Nations Nikki Haley in…

GOP Sen. Mullin challenges Teamsters boss to fight at Senate hearing: ‘Stand your butt up’

A Republican senator and the president of the Teamsters union nearly got into a fistfight Tuesday in the middle of…