business news

Recalled baby products sold on Facebook draw the ire of powerful committee in Congress

WASHINGTON — House lawmakers cited the continuing sale of recalled baby products linked to infant deaths on Meta‘s Facebook in…

Stocks making the biggest moves midday: Dick’s Sporting Goods, Macy’s, Charles Schwab and more

Check out the companies making headlines in midday trading. Dick’s Sporting Goods — The retail stock tumbled 24.1% after Dick’s…

Pro-Trump lawyer John Eastman, key figure in Georgia election case, surrenders at jail

John Eastman, the attorney facing criminal charges for his efforts to overturn former President Donald Trump’s 2020 election loss, surrendered…

First defendant in Trump Georgia election case surrenders at county jail

The first of the 19 co-defendants in the Georgia election interference case against former President Donald Trump surrendered for booking…

Stocks making the biggest moves premarket: Dick’s Sporting Goods, Fabrinet, Macy’s, AppLovin and more

Check out the companies making headlines before the bell: Fabrinet — Fabrinet surged 21% after its fiscal fourth-quarter results late…

U.S. Commerce secretary set to visit China next week as high-level talks continue

BEIJING — U.S. Secretary of Commerce Gina Raimondo is set to visit China from Aug. 27 to 30, both countries…

China’s Baidu reports 15% revenue growth, beating expectations

BEIJING — Chinese tech company Baidu on Tuesday reported better-than-expected revenue, up by 15% year-on-year in the second quarter and…

Wagner Group’s Prigozhin appears in first video since mutiny; Ukraine reportedly destroys supersonic Russian bomber

This was CNBC’s live blog tracking developments on the war in Ukraine on Aug. 22, 2023. [Follow the latest updates…

Trump’s request for 2026 trial in election case based on ‘faulty’ logic, special counsel says

Special counsel Jack Smith argued Monday that there was no good reason why Donald Trump’s federal election interference trial should…