House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
Stocks erased earlier losses, but the rise was kept in check as Wall Street digested a mixed batch of corporate earnings results.US Marketsread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
The fact that interest rates are relatively low makes the idea of a so-called insurance rate cut later this month an attractive option for the Fed.Market Insiderread more
Video of the event does not show the president disagreeing with his supporters. Instead, it shows that Trump paused as the chant began, allowing his supporters to continue...Politicsread more
President Trump said he's looking at the JEDI Contract that will be awarded to Microsoft or Amazon.Technologyread more
Wealthy clients liquidate some investments every year to cover their tax bill, so presumably this was higher than what Morgan Stanley has seen previously.Financeread more
Hacker Square at Facebook's headquarters pays homage to the company's early motto of moving fast and breaking things.Technologyread more
It's tempting to view Netflix as a possible replacement for the entire media ecosystem. But execs on its Q2 earnings call showed lower ambitions: It just wants to create the...Technologyread more
These are the stocks posting the largest moves midday.Market Insiderread more
India's third-largest telecommunications company Idea Cellular is exploring a strategic deal with rival Vodafone India, CNBC-TV18 reported on Wednesday.
Citing sources, CNBC-TV18 said the two are in "exploratory talks" that may result in a merger that would knock Bharti Airtel off the top spot among telecom companies in India. Vodafone India is the country's second-largest telco by subscriber base.
Vodafone India and Idea did not immediately respond to CNBC requests seeking a comment
Idea Cellular told CNBC-TV18 the news was "baseless and absolutely false" as well as "preposterous". Vodafone India declined to comment.
To read the full CNBC-TV18 report, click here.
Follow CNBC International on and Facebook.