business news

SEC says PIMCO to pay $9 million to settle alleged disclosure and procedure violations

The U.S. Securities and Exchange Commission said investment adviser Pacific Investment Management Company will pay $9 million to settle two…

Trump lawyer who quit classified documents case withdraws from $475 million CNN defamation suit

An attorney who quit the team defending Donald Trump in the criminal classified documents case said Friday he would no…

Grizzlies star Ja Morant suspended for 25 games after latest gun video

The National Basketball Association suspended Ja Morant for 25 games after the Memphis Grizzlies star brandished a gun on a…

Binance to exit the Netherlands after failing to obtain regulatory approval

Cryptocurrency exchange Binance said it will leave the Netherlands after the company’s application to register under the Dutch crypto authorization…

Stocks making the biggest premarket moves: Virgin Galactic, Adobe, SoFi, Cava and more

Check out the companies making the biggest moves in premarket trading: Virgin Galactic — Shares soared nearly 45% in premarket…

Russian forces ‘highly likely’ behind attack on Ukrainian dam, international law investigation says

WASHINGTON — An international team of investigators said in a new report Thursday that it is “highly likely Russian forces deliberately destroyed”…

Putin says nuclear weapons transferred to Belarus; Ukraine ‘will be equal to NATO allies’

This was CNBC’s live blog tracking developments on the war in Ukraine on June 16, 2023. See here for the…

SoftBank-backed digital bank Zopa beefs up executive team with IPO-experienced CTO

LONDON — British digital bank Zopa is beefing up its management team with a couple of senior hires, as the…

Blinken lands in Beijing for high-stakes diplomacy after spy balloon saga

BEIJING — U.S. Secretary of State Antony Blinken landed in Beijing Sunday on his first trip to China under the…

China’s VCs look to the Middle East for a U.S. dollar lifeline

BEIJING — Venture capitalists in China that once relied on U.S. investors are now holding court with Middle Eastern money.…