business news

Chinese tech giant Baidu’s shares rise 2% after revenue beat

BEIJING — Chinese tech giant Baidu reported Tuesday third-quarter revenue that beat expectations, although growth was slower than during the…

Israel-Hamas war live updates: Israel and Hamas agree to 4-day cease-fire in Gaza; 50 hostages from Israel to be released

This was CNBC’s live blog tracking developments on the Israel-Hamas war. Click here for the latest updates. Israel and Hamas have agreed…

Russia says co-existence not possible with Ukraine’s current ‘regime’; Kyiv marks uprising anniversary

This was CNBC’s live blog tracking developments on the war in Ukraine. See here for the latest updates. Russia cannot…

Plaid taps Adyen executive to lead its European operations

U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company…

China’s property sector needs more government support as crisis deepens

BEIJING — China’s property market, which makes up a substantial chunk of the country’s economy, needs more government support to…

Senate committee subpoenas Live Nation, Ticketmaster after months-long probe

A Senate investigative subcommittee on Monday said it has issued a subpoena to Live Nation Entertainment and its Ticketmaster subsidiary…

White House slams Musk ‘antisemitic rhetoric,’ says ‘foolish’ to drop SpaceX contracts

The White House is not moving away from Elon Musk’s SpaceX or Starlink technology despite condemning Musk for pushing antisemitic…

Toyota financing arm fined $60 million by consumer watchdog for car loan scam

WASHINGTON — The U.S. financing arm for Toyota was fined $60 million Monday by a federal consumer regulator for preventing car buyers…

‘They will pay’: Trump shares social media threat as his lawyer argues gag order is unfair

Former President Donald Trump on Monday shared a threat made in a social media post by a former top official…