business news

FTX lobbyist tried to buy Pacific island of Nauru to create a new superspecies, lawsuit says

Sam Bankman-Fried’s younger brother, who was a top lobbyist for failed crypto exchange FTX, considered purchasing the island nation of…

DeSantis orders probe into Bud Light’s deal with transgender influencer Dylan Mulvaney

Florida Gov. Ron DeSantis has told his government to investigate whether Bud Light’s parent company breached its duties to shareholders…

Former Trump lawyer Michael Cohen settles legal fees suit with Trump Organization

Michael Cohen, the former personal lawyer for ex-President Donald Trump, has settled his lawsuit against the Trump Organization seeking $1.3…

‘Crypto Couple’ appear set to plead guilty in bitcoin hack money laundering case

The New York couple charged with trying to launder $4.5 billion in bitcoin stolen in a 2016 hack of Bitfinex…

Stocks making the biggest moves midday: Scholastic, AutoNation, Herc, American Express and more

Check out the companies making headlines in midday trading. Scholastic — The publisher jumped about 11.5% after announcing it would…

Cathie Wood says her flagship innovation fund has completely exited China

Ark Invest’s Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market…

Judge sets Trump classified documents trial for May 2024, months before election

Former President Donald Trump’s trial on charges of mishandling classified documents will begin on May 20, 2024, a federal judge…

Stocks making the biggest moves premarket: American Express, AutoNation, CSX and more

Check out the companies making headlines before the bell. American Express — American Express slid 3% after posting smaller-than-expected revenue…

Here’s how making poor investment choices is like watching classic thriller ‘Jaws’

Investors can get swept away by the fear or euphoria of the recent past, and it often costs them financially.…

Ukraine war live updates: Zelenskyy sacks UK ambassador after media comments; U.S. says Ukraine now using cluster bombs

This is CNBC’s live blog tracking developments on the war in Ukraine. See below for the latest updates.  Ukrainian President…