Pelosi also said it's "irrelevant" whether approving the USMCA trade deal would give President Donald Trump a victory ahead of the 2020 election.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
General Motors stands to lose hundreds of millions of dollars in lost production as a United Auto Workers union strike against the automaker enters its second day, but Wall...Autosread more
Damage to the top OPEC producer's oil facilities ignited fears of supply disruption around the world and has sent crude prices soaring.Energyread more
"It is really a tale of pretty failed governance, almost of the highest order, short of something fraudulent," says the tech investor.Deals and IPOsread more
Private equity firm 3G Capital Partners discloses that it sold 25.1 million shares of Kraft Heinz, bringing its stake down by about 9%.Marketsread more
"That leads the developed world to say to China: 'We've got to rebalance this. It's working for you. It's not working for us,'" says the billionaire Blackstone co-founder.Economyread more
Microsoft founder Bill Gates added $16 billion to his net worth this year, despite giving away over $35 billion to charity, according to Bloomberg.Wealthread more
According to a new report, consumers ages 14 to 24 overwhelmingly prefer physical stores for shopping, largely for mental health reasons.Retailread more
Uber and Lyft drivers are protesting their pay and working conditions. CNBC spoke with the company's drivers about how their financial lives are faring.Personal Financeread more
These are the stocks posting the largest moves in midday trading.Market Insiderread more
Samsung sought to defeat Apple's bid for a permanent sales ban against some Samsung smartphones, arguing in court on Thursday that Apple's request was an attempt to instill fear among telecom carriers and retailers that carry Samsung's products.
At a hearing in federal court in San Jose, California, Samsung attorney Kathleen Sullivan told U.S. District Judge Lucy Koh that the injunction would give the iPhone maker an opening to come back to court quickly and argue that newer Samsung products should also be banned.
"An injunction would create fear and uncertainty for the carriers and retailers with whom Samsung has very important customer relationships," Sullivan said.
(Read more: Trump: Why I sold my Apple)
Apple attorney William Lee said that a jury has already found that nearly two dozen phones infringed Apple patents, and that Apple Inc has lost sales to a direct competitor.
"The natural, inexorable result is an injunction," Lee said.
Apple's request for the permanent injunction stems from the companies' legal fight over various smartphone features patented by Apple, such as the use of fingers to pinch and zoom on the screen and design elements such as the phone's flat, black glass screen. Apple has won U.S. jury verdicts against Samsung Electronics totaling about $930 million.
Koh had previously rejected such a sales ban, but the U.S. Court of Appeals for the Federal Circuit ordered her to reconsider in November.
Even though Samsung no longer sells the older-model phones targeted by the injunction request, Apple has argued in court documents that such an order is important to prevent Samsung from future copying with new products "not more colorably different" than the defunct models.
(Read more: Why Apple could he dead money for the next decade)
Sullivan, the Samsung lawyer, argued that the injunction would allow Apple seek other bans on new products on a much faster timeline than through traditional patent litigation, which can take years.
Koh did not say when she would rule on the request.
The chief executives for Apple and Samsung have agreed to a mediation session, which will take place by February 19. The two companies are scheduled to begin another trial in San Jose in March over a separate batch of patents that involve Apple's Siri search technology.
(Read more: Is Apple falling behind in the smartphone market?)
Samsung's phones use the Android operating system, developed by Google. Samsung and Google announced a global patent licensing deal this week.