BEIJING, July 1- China's factory activity contracted for the fourth straight month in June but at a slower pace than in May, offering some signs that the world's second-largest economy may be slowly leveling out but is still in need of more support measures. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index edged up to 49.4 from 49.2 in May, but...» Read More
Miami Heat's LeBron James has reportedly opted out of the final two years of his contract with the team, with CNBC's Dominic Chu.
Boeing Co. machinists soundly rejected a new labor contract on Wednesday that would have let them build the company's newest jetliner in Washington.
Few things strike a nerve with fans and the media as player salaries do. Who are this year's highest-paid players in each US team sport? Click ahead to find out.
Zinio's magazine reading app has been around for a dozen years. But a new version, exclusively for Nokia's Lumia Windows Phone 8, makes the most of the phone's capabilities.
The man at the center of a new financial scandal that could involve some NFL and NBA players came out swinging against a complaint from regulators.
Over the past week, risk appetite has soured following a political stalemate in Rome and anxiety over the upcoming U.S. "sequester" spending cuts, but strategists told CNBC that there is a way to trade this panic.
India's industrial output shrank in November after a spurt the previous month, denting hopes of a recovery in economic growth and strengthening the case for an interest rate cut later this month.
Neil Atkinson, director of energy research and analysis at Datamonitor, tells CNBC he is not surprised that the U.S. federal government has banned BP from winning new federal contracts.
The average U.S. home value is $147,300, but a professional athlete's home is anything but average. Read ahead to see 10 of the coolest athlete homes on the market.
Liberty Media's John Malone is making an effort to take control of Sirius XM Radio, and the company's boss Mel Karmazin is trying to prevent it. CNBC's David Faber reports on the details.
For some, feuds are as integral to spectator sports as the game itself. Read ahead to see which recent sports feuds have been exciting, thrilling and explosive.
Discussing whether Apple could break new highs in 2012, even as it hit $403/share today, with Jeff Fidarco, Susquehanna Financial.
Who are some professional athlete fathers whose sons followed in their footsteps? Find out!
However long they were married, the price of breaking the contract was huge -- sometimes even reached nine figures.
What are some of the most notable multimillion-dollar sports injuries? Check out the list.
CNBC's Sue Herera has the story on a strike issued for three southern California supermarkets: Ralphs, Vons, and Albertons.
Shares of the online movie company dropped after failing to reach a new content deal with Starz. Michael Olson, Piper Jaffray weighs in.
What are some of the sports contracts that had terrible consequences for the teams that wrote them? Click and find out.
Airbus is flying high after scoring a record number of orders at the Paris Air Show, with CNBC's Phil LeBeau.
The chairman of the House Oversight and Government Reform Committee told CNBC that he wants to know whether political considerations drove the government’s decision to steer a potentially multibillion-dollar contract to a company in which financier Ron Perelman's investment firm has a significant stake.