business news

Japanese trading houses rise as Warren Buffett raises stakes and says he may buy more

Shares of Japanese trading houses rose on Tuesday after Warren Buffett, chairman and CEO of Berkshire Hathaway, raised his stakes in…

Senate Democrats urge Supreme Court chief justice to investigate Clarence Thomas luxury trips

The Senate Judiciary Committee’s Democratic majority on Monday called for an investigation into Supreme Court Justice Clarence Thomas’ behavior after…

Trump appeals order for Pence to testify in special counsel Jan. 6 probe

Attorneys for former President Donald Trump are trying to block ex-Vice President Mike Pence from testifying in a special counsel…

Warren Buffett-backed BYD announces new shock absorption tech for premium EVs

SHENZHEN, China — Electric vehicle giant BYD is banking on new driver-assist technology to smooth out car rides. BYD, backed…

Stocks making the biggest moves midday: Micron, Pioneer Natural Resources, Block, AMC and more

Check out the companies making headlines in midday trading Monday. Block — Shares of the payments stock lost 2.58% on…

Warren, AOC press top Silicon Valley Bank depositors about any cushy treatment they received

WASHINGTON — Two top progressive lawmakers questioned whether Silicon Valley Bank offered its largest depositors unusually cushy treatment, one month…

That $7,500 electric vehicle tax credit may soon be harder to get. Here are 2 workarounds

It may soon be tougher for consumers to get a $7,500 federal tax credit when buying a new electric vehicle,…

Outlook for credit access hits record low while inflation expectations jump, NY Fed survey shows

Consumers are getting more pessimistic about inflation and their access to credit, according to the results of a monthly survey…

Stocks making the biggest moves premarket: Micron, Pioneer Natural Resources, Tesla and more

Check out the companies making headlines in premarket trading. Micron Technology – Shares jumped more than 6% following news that…

State Department designates Evan Gershkovich wrongfully detained by Russia; U.S. grapples with fallout from intelligence leak

This has been CNBC’s live blog covering updates on the war in Ukraine. [Follow the latest updates here.] The U.S. Defense…