business news

White House unveils plan to eliminate threat of fentanyl laced with xylazine

The Biden administration unveiled a plan Tuesday to eliminate the growing threat of fentanyl laced with xylazine, an illegal street…

NATO says Ukraine can join when conditions are met; Zelenskyy slams ‘absurd’ lack of timeline

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] Ukrainian President…

India’s IDFC First Bank says merger will boost credit growth

India’s IDFC First Bank expects to see robust credit growth following its recent merger, according to managing director and CEO…

Trump opposes quick trial date in classified documents case

Former President Donald Trump on Monday night asked a federal court to hold off on setting a date for the…

China has a new foreign relations law. Here’s what it means for business

BEIJING — For foreign businesses in China, geopolitics hold more sway than new Chinese laws, according to analysts. National security…

Trump ally Steve Bannon ordered to pay $480,000 for unpaid legal bills

A judge ordered former Trump White House aide Steve Bannon to pay a New York law firm $480,487 in unpaid…

Schumer urges FDA to probe Prime energy drink backed by YouTube stars Logan Paul and KSI

WASHINGTON — Senate Majority Leader Chuck Schumer is calling on the Food and Drug Administration to look into a sports…

Stocks making the biggest moves midday: Carvana, Icahn Enterprises, Novavax, Fisker and more

Check out the companies making headlines in midday trading. Carvana — Shares soared 10% in midday trading. The company said…

Lithuania says on eve of NATO summit that providing Ukraine with a pathway to membership is an ‘achievable goal’

Lithuania’s president said Monday that establishing a pathway for Ukraine’s NATO membership is an “achievable goal,” even as lesser security…