business news

Disney sues Florida Gov. Ron DeSantis, alleges political effort to hurt its business

Walt Disney Co. sued Florida Gov. Ron DeSantis on Wednesday, alleging the Republican has waged a “relentless campaign to weaponize…

‘I’m here because Trump raped me’: E. Jean Carroll begins trial testimony

E. Jean Carroll, the writer who accuses former President Donald Trump of raping her in a New York department store…

Chamber of Commerce gets nearly half its funding from those who give at least $1 million

The U.S. Chamber of Commerce pitches itself as representing the interests of millions of businesses of all shapes and sizes.…

Peter Thiel, Republican megadonor, won’t fund candidates in 2024, sources say

Tech billionaire and Republican megadonor Peter Thiel, an early backer of former President Donald Trump who later broke with him,…

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…