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
Supercar maker McLaren Automotive posted record profits and sales for its fiscal year, showing that the market for six- and seven-figure cars remains strong around the world.
McLaren, the privately held British automaker that's become an industry disruptor, delivered 1,649 cars in 2014—up 18 percent from 2013.
Revenues jumped 67 percent to 475 million pounds, or around $750 million, and operating profit was up 68 percent to 20.8 million pounds, or around $33 million.
CEO Mike Flewitt added that 2015 "looks set to bring another strong result for McLaren."
Read MoreMcLaren's big bet: The 570S coupe
The company has already sold out of two of the four models it introduced this year, and sold 248 of its P1 models, which carry a price tag of more than $1.3 million each.
The automaker also said it's on track to more than double production to around 4,000 cars a year by 2017. That would put it past well Lamborghini's 2014 delivery total of around 2,530.
Much of the increase will come from the company's new "entry-level" sports car, the 570S, which will have a starting price of about $185,000 and undercut the lowest-price models by Lamborghini and Ferrari. McLaren has also launched the even lower-priced 540C, which will sell outside the U.S. for 126,000 pounds ($200,000).
While McLaren's rapid growth and torrent of new models has rattled the industry, it remains to be seen whether the company can maintain its production quality, engineering innovation and allure for rich car buyers as it expands.
In a press release, the company said its target of 4,000 cars, "while deliberately small in industry terms, will allow McLaren to thrive and is in line with the wish of its clients that its products should forever remain a rare sight to protect not just the brand's exclusivity but also the investment of owners."
Growth in 2014 was strongest in Asia, with an 80 percent increase in sales. North America remains the company's largest market, accounting for 30 percent of sales.