business news

Moscow ‘welcomes’ China contacting Ukraine; Kyiv says Russia ‘won’t get away with’ Mykolaiv strikes

This was CNBC’s live blog tracking developments on the war in Ukraine on April 27, 2023. See here for the latest…

Fintech giants Klarna and Block slam ‘outdated’ UK buy now, pay later regulation proposals

The U.K.’s plan to regulate the buy now, pay later industry is “outdated” and will lead to worse consumer outcomes,…

Barclays posts 27% rise in net profit for the first quarter, beats expectations

LONDON — Barclays on Thursday reported net profit of £1.78 billion ($2.2 billion) for the first quarter, beating expectations and…

Deutsche Bank logs 11th straight quarterly profit, reveals job cuts

Deutsche Bank on Thursday reported a net profit of 1.158 billion euros ($1.28 billion) for the first quarter, emerging from…

House passes GOP debt limit bill, as McCarthy tries to draw Biden into negotiations

WASHINGTON — A Republican bill to raise the debt limit and slash government funding passed the House on Wednesday, after…

Stocks making the biggest moves after hours: Meta, Roku, Ebay and more

Check out the companies making headlines in extended trading. Meta Platforms — The Facebook parent popped 9% after announcing better-than-expected…

Bipartisan Senate bill would push ticket sellers to disclose fees upfront

WASHINGTON — Swifties, the BeyHive and Cure fans may have a reason to rejoice: Senators on Wednesday are set to…

Hunter Biden lawyers meet with DOJ prosecutors about pending criminal probe

Attorneys for Hunter Biden met with Department of Justice prosecutors Wednesday to discuss criminal charges that might be filed against…

We Build The Wall founder sentenced to 4 years in prison

The co-founder of a fundraising group linked to Steve Bannon that promised to help Donald Trump construct a wall along…

Stocks making the biggest moves midday: Microsoft, Chipotle, Boeing, First Republic Bank and more

Check out the companies making the biggest moves midday: Microsoft — Shares of tech giant Microsoft gained 7.24% Wednesday after…