In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Apple's iOS 13.1 will be released on Sept. 24, six days earlier than previously announced.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The move could bring a welcome salve to farmers caught in the crosshairs of the trade war if it results in a reopening of the market.Politicsread more
The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, the company said. Prescription deliveries will not be available.Health and Scienceread more
French planemaker Airbus has confirmed its intention of cutting the assembly rate of its A380 superjumbo aircrafts to one per month from 2018.
Demand for the A380 has dwindled and in July this year, company CEO Fabric Bregier said the market for A380-sized plans "is very thin" and that finding new buyers is taking longer than expected.
The head of the program, Alain Flourens confirmed the production cut Tuesday and said the move will help "smooth our deliveries pending new orders".
Airbus currently assembles 2.5 A380 aircraft each month, but has seen the likes of Qantas and Air France cancel previously booked orders.
While the A380 has proved popular with travelers, most carriers prefer smaller twin-jet models that are more fuel efficient and can access more airports.
Airbus shares slumped Tuesday after three brokerages issued a forecast that earnings in the third quarter would fall by a minimum 12 percent.
Deutsche Bank, Natixis and JPMorgan all cited higher operational costs as well as a looming slowdown for the airlines sector.