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
Tesla was set for its seventh straight day of losses after more analysts joined the growing list of those concerned with its finances.Investingread 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
Appaloosa's David Tepper has reportedly discussed returning the hedge fund's capital to investors and converting it to a family office.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
U.S. tariffs on Chinese goods are hurting an unintended target as the country's trade war with China rages on, a study by the International Monetary Fund found.Marketsread more
Papa John's founder John Schnatter has been selling his shares in the company but remains its largest shareholder.Restaurantsread more
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.Economyread more
U.S. Secretary of State Mike Pompeo joined CNBC's "Squawk Box" on Thursday.Energyread more
Christopher A. Wray, President Donald Trump's pick to succeed James Comey as FBI director, led the federal investigation of Enron and represented Gov. Chris Christie in the Bridgegate scandal.
In a tweet Wednesday morning, Trump said Wray had "impeccable credentials."
Wray was nominated by President George W. Bush as assistant attorney general in charge of the Criminal Division, according to the Justice Department. He held that job from 2003 to 2005.
Wray, a Yale Law School graduate, served on the President's Corporate Fraud Task Force and oversaw the Enron Task Force and other major fraud investigations, according to the Washington law firm King & Spaulding, where he is a litigation partner.
Wray specializes in white collar law and internal investigations, according to the Justice Department site. He represented the New Jersey governor in the scandal surrounding the closing of lanes on the George Washington Bridge in 2013 as a way to attack political opponents. Christie was never charged but two of his allies were convicted.
Before Wray became an assistant attorney general at the Justice Department, he was principal associate deputy attorney General.
Trump's announcement came the day before Comey appears before the Senate Intelligence Committee. In the highly anticipated hearing, Comey will almost certainly be asked whether Trump tried to get him to back off a probe into former national security advisor Michael Flynn.
Trump's tweet also came just hours before acting FBI Director Andrew McCabe and other top intelligence officials testify before the committee. Director of National Intelligence Dan Coats will likely be asked about a Washington Post report that he told associates that Trump asked him if he could persuade Comey to ease off Flynn.