The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
White House economic adviser Gary Cohn said in a private meeting with lawmakers that he supports a policy that could revamp Wall Street's biggest firms by separating their consumer-lending businesses from their investment banks, Bloomberg reported, citing sources.
The National Economic Council director, also a former Goldman Sachs president, said he favors a system of banking where firms like Goldman Sachs focus on trading and underwriting securities, while companies like Citigroup primarily issues loans, Bloomberg said.
The White House was not immediately available for comment.
In the meeting which was arranged by Senate Banking Committee Chairman Mike Crapo, Cohn had discussions on topics including financial regulations and overhauling the tax code. The meeting included lawmakers from both political parties and their staffs, Bloomberg reported.
Last month White House spokesman Sean Spicer said during a briefing with reporters that Trump still backs his campaign pledge to restore the Glass-Steagall Act. The law, which separated commercial and investment banking activities, was repealed in 1999 and, if reinstated, would mainly apply to larger banks.