business news

Virginia GOP Gov. Glenn Youngkin dodges 2024 questions as he gears up for Asia trip

Gov. Glenn Youngkin will travel to Asia next week to meet with political and business leaders, adding more fuel to…

‘Utterly irresponsible’: SVB failure was caused by a banking — not tech — crisis, top VC says

LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according…

Stocks making the biggest moves premarket: Procter & Gamble, CSX, PPG Industries and more

Check out the companies making headlines before the bell: Procter & Gamble Company – Shares gained about 1.5% in the…

A recession is coming — and stock markets won’t come through it unscathed, strategist says

The latest U.S. economic data suggests a recession is coming, according to the chief executive of financial advisory firm Longview…

Ukraine war live updates: Western allies meet in Germany, Russia accidentally strikes own city

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

Volkswagen takes on China’s EV market with a higher-end car and $1 billion investment

BEIJING — German automaker Volkswagen is investing about $1 billion in China for electric car development, and releasing a vehicle…

U.S. bankruptcy judge halts 40,000 Johnson & Johnson talc and cancer lawsuits

A federal bankruptcy judge on Thursday halted roughly 40,000 lawsuits that allege Johnson & Johnson‘s baby powder and other talc…

Stocks making the biggest moves after hours: CSX, Knight-Swift Transportation and more

Check out the companies making headlines in extended trading. CSX — The transportation company’s shares were up 2.6% after the company’s…

New bipartisan bill would let the U.S. Mint alter the metal content of coins to save money

WASHINGTON — A bipartisan bill to authorize the U.S. Mint to alter the metal content of coins in order to…