In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
"The important thing is that you shouldn't try to hit homeruns this week, because you're much more likely to end up striking out," Jim Cramer says.Mad Money with Jim Cramerread more
The deadly attacks in Paris could start affecting the world economy if the fallout persists, a leading expert on global political risk said Monday.
"Nine-eleven, when it hit, you couldn't ask for a 'better time.' [George W. Bush] was at the beginning of a very popular presidency. The economy was doing well. We weren't in an electoral season. The allies were strong," Ian Bremmer, founder and president of the consulting firm Eurasia Group, told CNBC's "Squawk Box. "
The current terror concerns sweeping the globe are happening in the midst of the presidential election in the U.S., regional elections in France, the Syrian refugee crisis, and weaker alliances between the U.S. and its European partners, Bremmer said. "The politics being made in the U.S. and more broadly on the back of this ... disaster is worse than I've ever seen following a major disaster in a developed economy," he said.
CEOs are not yet losing faith in the nascent economic recovery in Europe, Bremmer said. "[But] in 2016, you're just not going to have that level of confidence." With French President Francois Hollande calling for a three month state of emergency following the attacks, "the impact that has on the French consumer is real," he said.
Searching for those behind the deadly Nov. 13 attacks in Paris, Belgian authorities arrested 16 people, but not alleged accomplice Salah Abdeslam, the 26-year-old Brussels suspect who's been on the run since he left Paris hours after his brother blew himself up at a cafe there. Belgium's capital city was in its third day on lockdown Monday, with public transportation, schools and many businesses closed, after the prime minister warned of imminent Paris-style attacks.
The economies of Europe are "incredibly vulnerable to large numbers of Muslim citizens that feel disenfranchised within their countries and an extraordinary number of refugees that are just starting to come over," Bremmer said.