The massive market transformation this month that some on Wall Street called a "once in a decade opportunity" might have just been a one-off technical move because of taxes.Marketsread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
CNBC did a deep dive through the most recent Wall Street research to find stocks that analysts say are underappreciated.Marketsread more
Shares of MasterCard are up 46% this year, and 1120% since 2011, getting a boost from the strong U.S. consumer.Investingread more
CNBC sat in on an "empathy training" at Amazon PillPack's Somerville offices, which is part of new hire orientation.Technologyread more
Trade with China is the 'big unknown' for the Federal Reserve as it decides how best to support the U.S. economy, says Council on Foreign Relations Director of International...Futures Nowread more
Lobbying experts said the visit is likely an attempt to be in lawmakers' ears as they consider legislation that would impact Facebook.Technologyread more
Yardeni Research's Edward Yardeni believes the U.S. economy is picking up steam.Trading Nationread more
Iran's audacious drone and cruise missile attack on Saudi Arabia's oil producing facilities has provided a critical test yet for the Trump administration's foreign policy. A...Politicsread more
Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
HTC, once a well-known smartphone maker, is reportedly looking to sell part or all of its business, according to Bloomberg.
HTC made its name building smartphones for carriers before launching HTC-branded devices, such as the popular One M7 that it sold several years ago. As competition from Samsung and Apple ramped up, however, HTC had a hard time maintaining its consumer base and, as a result, its carrier partnerships.
It also lost several key executives over the past couple of years, including CEO Peter Chou, who was replaced by Cher Wang in 2015.
Its latest phone, the HTC U11, is only sold by Sprint in the U.S. Not a single U.S. carrier picked up HTC's prior phone.
HTC is also interested in possibly selling its VR business, according to Bloomberg, which it created with help from Valve. The company's Vive headset competes with Facebook's Oculus VR product. HTC recently dropped the price by $200 to make its product more attractive to consumers.
"HTC doesn't comment on rumors or speculation," a spokesperson told CNBC.
Read the full story at Bloomberg.