business news

U.S. sanctions 4 of Russia’s financial elite; Russian strike on hotel kills 1

This was CNBC’s live blog tracking developments on the war in Ukraine. A Russian strike on a hotel in the…

Chinese tech giant Huawei reports tepid consumer revenue growth for the first half of 2023

BEIJING — Chinese tech giant Huawei on Friday reported 2.2% year-on-year growth in its consumer business revenue for the first…

UBS ends Credit Suisse’s government and central bank protections

UBS on Friday said that it has ended a 9 billion Swiss franc ($10.27 billion) loss protection agreement and a…

What Biden’s executive order means for U.S. investors in China

BEIJING — The Biden administration’s long-awaited executive order on U.S. investments in Chinese companies leaves open plenty of questions on…

Top regulators defend stricter merger guidelines, call ‘hysteria’ overblown

WASHINGTON — Two of the nation’s top corporate regulators on Thursday defended new guidelines on merger enforcement that have attracted…

Trump’s Truth Social tipped FBI to man killed during arrest attempt for Biden threats

The social media company owned by former President Donald Trump in March tipped off the FBI about threats made by…

Supreme Court blocks Purdue Pharma’s massive opioid settlement, will hear challenge

Read more of CNBC’s politics coverage: The Supreme Court on Thursday blocked, for now, a multi-billion-dollar bankruptcy settlement by Purdue…

Hawaii wildfires: Biden vows immediate aid, deploys military to assist victims

President Joe Biden on Thursday vowed immediate assistance for Maui residents who have lost loved ones and their homes in…

16 Michigan Republicans accused of being fake electors for Trump plead not guilty

All 16 Michigan Republicans accused in a fake elector scheme to keep former President Donald Trump in power are challenging the charges,…