David Karp stands to make more than $200 million on the sale of his Tumblr blogging site to Yahoo. But his father tells CNBC that money doesn’t motivate the young entrepreneur.
Rival online takeout services Seamless North America and GrubHub will combine and create a company covering more than 20,000 restaurants in 500 U.S. cities.
Dallas Fed President Richard Fisher and former Sen. Judd Gregg rail on CNBC against keeping taxpayers on the hook for the banks, but disagree on how to end the problem.
The energy boom in the U.S. is providing a shock absorber of sorts for major oil companies, helping to hedge a strong dollar amid an the increase in domestic production.
With the $1.1 billion acquisition of Tumblr, Yahoo is putting a serious claim in for the future of social and mobile technology. The deal will be a test for Marissa Mayer.
Prices are just stabilizing in South Carolina, but in Long Island's Hamptons, home prices are roaring back and rentals are fully booked for the season.
In his daily CNBC.com-only video clip, Art Cashin of UBS talks with Bob Pisani about the stock market's continued rally and Fed Chairman Ben Bernanke's upcoming testimony to Congress. (2:11)
With news that authorities seized assets of the world's largest bitcoin exchange, traders and other people interested in the digital currency are looking nervously at the future.
As Western economies come to terms with low growth and an inability to afford their social commitments, nationalist and isolationist movements will come to the forefront, HSBC's Stephen King told CNBC.
The landing gear on a UTair 737 airplane caught fire as it landed at Moscow's Vnkukovo Airport. About 140 passengers were on board, but no one was hurt in the incident. (0:36)
Whatever course it chooses, the Fed will have to grapple with the reality that while its policies have helped stocks, they've been less effective at growing the economy.
A bank and savings institution in the Czech Republic was closed and all deposits frozen pending a fraud investigation by the Czech central bank and ministry of finance.
Millions of Americans have walked away from GM, Ford and Chrysler because of quality, reliability and service problems. But times are changing in Detroit.