The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Shares in Chinese e-commerce company JD.com spiked in their market debut on Thursday, valuing the company at about $30.43 billion.
The stock opened at $21.75 on the Nasdaq, with heavy demand that may foreshadow investor appetite for larger peer Alibaba. The IPO was 15 times oversubscribed and priced above expectations.
Shares were up nearly 20 percent before easing off their highs. Click here to track JD.com's latest quotes
JD.com's offering of American Depositary Shares raised $1.78 billion after being priced at $19 each, above the expected range of $16 to $18.
"I think investors do realize the strength of JD.com's business model. So [the IPO] has been well received," said CFO Sidney Huang in an interview on CNBC.
While Alibaba looks much like the eBay of China, JD more closely resembles Amazon. JD also has a small but growing online marketplace that matches buyers and sellers, similar to Alibaba's main operations.
According to Sanford C. Bernstein & Co., Alibaba's marketplace division had over $250 billion in gross merchandise value in 2013. JD, meanwhile, says it had $5.3 billion in gross merchandise value from its online marketplace division.
BofA Merrill Lynch was the lead underwriter on the deal,which has a total of nine other advisors, including UBS.
—CNBC.com's John Jannarone contributed to this report