The Business Roundtable, a group of CEOs of nearly 200 major U.S. corporations, gave a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."Technologyread more
Shares of embattled utility PG&E plummeted after a judge ruled that a jury can decided whether it should pay up to $18 billion in damages.Marketsread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
The New York City police officer who used a chokehold on Eric Garner in an encounter that ended with Garner's death has been fired, New York City Police Commissioner James...Politicsread more
These are the stocks posting the largest moves midday.Market Insiderread more
The president said the Fed has been hampered by a "horrendous lack of vision" and said it should institute 100 basis points worth of reductions in its benchmark rate.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
Taiwan should abandon its "hallucinations" about pushing for independence, as any moves towards it would be a "poison", Chinese state-run media said after a landslide victory for the island's independence-leaning opposition.
Tsai Ing-wen and her Democratic Progressive Party (DPP) won a convincing victory in both presidential and parliamentary elections on Saturday, in what could usher in a new round of instability with China, which claims self-ruled Taiwan as its own.
Tsai pledged to maintain peace with its giant neighbour China, while China's Taiwan Affairs Office warned it would oppose any move towards independence and that Beijing was determined to defend the country's sovereignty.
Reacting to Tsai's victory, China's government-controlled media used noticeably less shrill language than that levelled at Chen Shui-bian, the DPP's last president, and noted her pledges for peace and to maintain the "status quo" with China.
But the official Xinhua news agency also warned any moves towards independence were like a "poison" that would cause Taiwan to perish.
"If there is no peace and stability in the Taiwan Strait, Taiwan's new authority will find the sufferings of the people it wishes to resolve on the economy, livelihood and its youth will be as useless as looking for fish in a tree," it said.
China called Chen, who led Taiwan from 2000-2008, a troublemaker and a saboteur of cross-strait ties, even as he tried to maintain stable relations with Beijing.
The Global Times, an influential tabloid published by the ruling Communist Party's official People's Daily newspaper, said in an editorial that if Tsai's administration sought to "cross the red line" like Chen, Taiwan would "meet a dead end".
"We hope Tsai can lead the DPP out of the hallucinations of Taiwan independence, and contribute to the peaceful and common development between Taiwan and the mainland," it added.
In Taiwan, the China-friendly China Times called on Tsai to be a "dove for cross strait peace".
"Peace across the Taiwan Strait is the most important external factor for Taiwan's stable development," it said in an editorial.
Tsai won 56 percent of the vote to sweep aside rival Eric Chu of the China-friendly Nationalist Party that had ruled Taiwan under incumbent president Ma Ying-jeou since 2008.
Tsai's DPP also made huge gains in the parliamentary polls to gain an absolute majority with 68 seats in the 113-seat legislature, giving her administration a far stronger policy-making lever over the next four years, and potentially more leverage over Beijing on cross-strait deals and affairs.
China's Foreign Ministry, in its reaction to her victory, said Taiwan was an internal matter for China, there is only one China in the world and the island's election neither changes this reality nor international acceptance of it.
"There is only one China in the world, the mainland and Taiwan both belong to one China and China's sovereignty and territorial integrity will not brook being broken up," the ministry added.
"The results of the Taiwan region election does not change this basic fact and the consensus of the international community."
Tsai has been thrust into one of Asia's toughest and most dangerous jobs, with China pointing hundreds of missiles at the island it claims, decades after the losing Nationalists fled from Mao Zedong's Communists to Taiwan in the Chinese civil war in 1949.
The White House said on Saturday it congratulated Tsai and said the United States maintained a "profound interest" in peace between Taiwan and China.
Follow CNBC International on and Facebook.