business news

Stocks making the biggest moves premarket: Activision Blizzard, Chipotle, First Republic Bank & more

Check out the companies making headlines before the bell on Wednesday. Enphase Energy — The solar inverter company slid 16%…

Big money donors rally behind Biden as he launches his reelection bid

Big donors in the business world started rallying around President Joe Biden soon after he announced Tuesday that he’s running…

Britain blocks Microsoft’s $69 billion acquisition of Activision Blizzard

LONDON — Britain’s top competition regulator on Wednesday moved to block Microsoft‘s acquisition of video game publisher Activision Blizzard. The…

Bankers’ pitch to save First Republic: Help us now, or pay more later when it fails

The best hope for avoiding a collapse of ailing lender First Republic hinges on how persuasive one group of bankers…

China will send representatives to Ukraine for talks; Kyiv praises ‘long and meaningful’ call with Xi

This was CNBC’s live blog tracking developments on the war in Ukraine on April 26, 2023. See here for the…

Russia renews threats of abandoning the Black Sea Grain Initiative, the UN-backed deal that helped reopen Ukraine’s ports

UNITED NATIONS – The basic food security of tens of millions across the globe is hanging by a thread as…

Crabcakes, ribs, banana splits for South Korea state dinner at the White House

Crabcakes, beef short ribs and a deconstructed banana split have made the cut for this week’s White House state dinner honoring South…

‘Easy money is behind us, the hard money is now,’ Stifel’s chief strategist warns

Stock pickers may have a clear edge over passive investors. According to Stifel’s Barry Bannister, the market is on a…

Stocks making the biggest moves after hours: Enphase Energy, PacWest Bancorp, Chipotle, Microsoft and more

Check out the companies making headlines in extended trading. Enphase Energy — The solar inverter company saw shares slide about…

GOP debt ceiling bill faces its first test as analysts warn U.S. faces default risk as early as June

WASHINGTON — A House Republican bill to raise the debt limit while dramatically cutting federal spending faces its first test…