Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
The e-mail's optimistic tone helped Tesla shares turn positive for the first time in seven days.Technologyread more
In a four-page letter sent Thursday morning, Warren and Ocasio-Cortez asked Mnuchin a series of questions about his advisory role in former Sears CEO Eddie Lampert's...Politicsread more
The Trump administration announced a $16 billion aid program for American farmers that includes a three-pronged package of aid for American farmers who have been hurt by the...Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
Prosecutors allege Stephen Calk, former president of Chicago-based Federal Savings Bank, loaned former Trump campaign chair Paul Manafort as much as $16 million in exchange...Politicsread more
A majority of American adults say they are living comfortably, according to an annual Federal Reserve study on financial well-being of households. But nearly a third still...Invest in You: Ready. Set. Grow.read more
At McDonald's annual shareholder meeting Thursday, executives said that the company is still monitoring plant-based meat substitutes.Restaurantsread more
The FAA's acting chief says airlines don't need to make more changes to their schedules after they removed the Boeing 737 Max from service through August. The FAA will review...Airlinesread more
Hundreds of thousands of drone operators could now face hefty fines, or even jail, for failing to register their aircraft with the government.
As of Saturday, owners flying an unregistered UAS could now face a civil penalty of $27,500, a criminal fine of $250,000 and/or three years in prison.
Users have registered nearly 370,000 drones with the Federal Aviation Administration since its registration system opened in December. Still, hundreds of thousands of UAS owners may remain unregistered and subject to penalties despite the FAA's efforts to educate owners about the process.
The agency requires consumers to register drones that weigh 0.55 to 55 pounds. The rules aim to keep track of the booming technology and prevent potentially dangerous flights around planes, airports and public events.
"Simply put, registration is all about safety," FAA Administrator Michael Huerta said in January at the Consumer Electronics Show in Las Vegas. "It provides us with a key opportunity to educate the new generation of airspace users that as soon as they start flying outside, they're pilots."
As authorities start to enforce penalties, hundreds of thousands of users may face punishment. The Consumer Technology Association estimated 700,000 drones would ship last year, a 63 percent increase from 2014.
That total does not include drone purchases before 2015. So even after the nearly 370,000 sign-ups, a huge chunk of consumer drones likely remain off the books.
The FAA has taken steps to educate users about registration, including through social media and device packaging. Still, multiple factors may continue to deter sign-ups.
For one, users need to pay $5 to log their devices after a free registration period ended. Some industry advocates have cast it as a "drone tax," while the FAA has said it helps to maintain the system and is required by law.
"Even a small fee — essentially a drone tax — could undermine the FAA's objective of widespread compliance," the Consumer Technology Association said in a statement last year.
The FAA did not immediately respond to CNBC's request for comment.