The leaders of Japan and China got off to a tense start but have made significant progress in turning around their relations in recent years.Asia Politicsread more
Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
Stocks in Asia slipped in Tuesday afternoon trade, while investors looked toward a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to happen...Asia Marketsread more
A week of dovish fireworks out of the central banking community has just gone by with most of the world's leading central banks now guiding towards easing in light of downside...Commentaryread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Chinese Vice Premier Liu He held a phone conversation with U.S. Trade Representative Robert Lighthizer and U.S. Treasury Secretary Steven Mnuchin, China's Ministry of Commerce...World Economyread more
Sen. Bernie Sanders announced a plan Monday to forgive the country's $1.6 trillion outstanding student loan tab, intensifying the higher education policy debate in the 2020...Personal Financeread more
While earnings usually come in substantially ahead of expectations — as much as 4 or 5 percentage points is not unusual — the downward direction in the outlook doesn't speak...Earningsread more
U.S. President Donald Trump's senior adviser Kellyanne Conway will not testify before the House of Representatives Oversight Committee this week on her alleged violations of...Politicsread more
"We missed being the dominant mobile operating system by a very tiny amount. We were distracted during our antitrust trial. We didn't assign the best people to do the work,"...Technologyread more
PatientsLikeMe was bought by UnitedHealth following a review by Trump's Treasury Department, which scrutinized the start-up because it's backed by Chinese cash.Technologyread more
The CEO of major health insurer Aetna on Wednesday blasted President Donald Trump for his controversial comments on a white supremacist protest in Charlottesville, Va.
"I am ashamed of our President's behavior and comments," wrote Aetna chief Mark Bertolini in a 'Dear Colleagues" internal memo to employees, which was obtained by CNBC.
The memo came to light hours after Trump announced he was disbanding two White House business advisory councils on the heels of an exodus of CEOs from those councils because of the president's comments.
Bertolini was not a member of either of those councils.
But like a number of other business leaders, he felt compelled to speak out after Trump on Tuesday again blamed "both sides" for the violence last weekend in Charlottesville, where neo-Nazis, members of the Ku Klux Klan and other bigots faced off against opponents.
Joseph Swedish, the CEO of another leading health insurer, Anthem, wrote employees a memo on Wednesday that condemned "the bigotry, hatred and racism on display in Charlottesville last weekend."
Bertolini's memo begins with a quote by slain civil rights leader Martin Luther King Jr. "Darkness cannot drive out darkness; only light can do that. Hate cannot drive out hate; only love can do that."
Bertolini then wrote: "I can't help but comment on the current national dialogue surrounding the deplorable violence in Charlottesville."
"I strongly agree with the remarks of former Presidents George H. W. Bush and George W. Bush who stated: 'America must always reject racial bigotry, anti-Semitism, and hatred of all forms," the CEO wrote.
"I am pleased that many other political leaders from both parties have expressed similarly strong statements – and I am ashamed of our President's behavior and comments."
Bertolini continued: "We all breathe the same air, we all want the same thing for our children's future, and we all aspire for the pursuit of happiness and good health for our families and friends. We are not a country of hate, and we are all judged by our own god based on the compassion and humanity we show others."
"I hope that each of us takes time to discuss with our family and friends the responsibility we all share, every day, to live up to the values that have made our nation so great – those of tolerance and respect for others. We are a great nation because of our diversity which fosters sharing of ideas and experiences. Our country is not perfect, but it is more tolerant than any other nation I know. We can only remain great if we remain intolerant of hate."
An Aetna spokesman declined to comment on the memo beyond confirming its authenticity. The spokesman said Bertolini would not be speaking to the media about the memo.
In his own memo, Anthem's CEO Swedish wrote, "Intolerance and discrimination run counter to everything we value as Americans, and as Anthem associates."
"The violence and radical ideology at the center of the protests were no less than an assault on human dignity and our societal foundation. There is no place for these actions or sentiments in our country," Swedish wrote.
Swedish said that Anthem's "commitment to diversity and inclusion is one that is very personal to me. As some of you may know, my parents immigrated to the United States in the early 1950s."
"As the child of immigrants, I witnessed discrimination against my parents and experienced it against us, as a family. That is why, throughout my career, I have worked so hard to prioritize a commitment to diversity and inclusion in my prior roles leading health care institutions and at Anthem."
Swedish also quoted King: "The time is always right to do what is right."