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 of LendingClub, the world's largest online marketplace that connects borrowers and investors, rose as much as 67 percent in their debut, valuing the company at more than $9 billion.
The initial public offering of 58 million shares raised $870 million after being priced at $15 per share, well above the expected range of $12-$14.
San Francisco-based LendingClub sold 50.3 million shares, while selling stockholders offered the rest.
LendingClub's shares opened at $24.75 on the New York Stock Exchange and touched a high of $25.44.
The spike means an even bigger payday for early investors. Some of the biggest shareholders' stakes are now worth as much as $1.2 billion (Norwest Venture Partners), $1.15 billion (Canaan Partners) and $925.5 million (Foundation Capital).
Former Treasury Secretary Larry Summers, who is a board member, also owns a stake now worth $23.5 million.
The company's low-cost peer-to-peer platform allows investors to lend directly to individuals and businesses, cutting out banks.
Morgan Stanley, Goldman Sachs and Citigroup were the underwriters to the IPO.
CNBC's Ari Levy contributed to this report.