Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female engineer named Morgan Beller.Technologyread more
CoinShares Chief Strategy Officer Meltem Demirors discusses Facebook's Libra project and its impact on the cryptocurrency market after testifying to the House Financial...Fast Moneyread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
"You need to understand that we're about to embark on the busiest week of the year for industrial earnings," CNBC's Jim Cramer says.Mad Money with Jim Cramerread more
Uber trimmed its losses 14 percent in the second quarter from a year ago, as the ride-hailing giant grew bookings, trips and revenue.
The company posted a net loss of $645 million on revenue of $1.75 billion. Revenue this time last year was $800 million.
Global trips popped 150 percent from a year ago, while gross bookings hit $8.7 billion, up 17 percent sequentially and double the bookings in the year-ago period.
Uber's cash position remains strong. The company had $6.6 billion on hand at the end of the quarter, down from $7.1 billion at the end of the first quarter.
The $70 billion start-up has careened over the course of the year, as a workplace culture investigation and infighting among investors have dominated headlines. The privately held company is without a CEO, chief financial officer, president and chief operating officer, as board members and major investors fight over the company's next move.
Competition across the globe to keep both drivers and customers happy has created steep expenses for Uber. For instance, the company is mulling , amid costs that were thousands of dollars higher than expected for each vehicle.
The figures include Uber's Russian business. Uber in July.
The data was released by Uber on Wednesday.