The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
"There is nothing that we will be pushing on more strongly for congress to act on," Microsoft president and chief legal officer Brad Smith said in an interview with NPR. "We put a stake in the ground. We care about a tax reform bill," Smith said, noting that the entire business community cares about one but that this needs to be settled first.
Smith added that it won't be easy for the government to deport Microsoft employees who are DREAMers: "[The government's] going to have to go through us to get that person," Smith said.
Microsoft is the latest tech company to speak out against the move. Smith made similar comments in a public letter.
Smith and Microsoft call on Congress to "reprioritize the fall legislative calendar and move quickly with the new legislation to protect these 800,000 Dreamers." Congress, which just returned to session on Tuesday after the Labor Day weekend, has a lot to tackle, including tax reform.
"As an employer, we appreciate that Dreamers add to the competitiveness and economic success of our company and the entire nation's business community," Microsoft said. "In short, urgent DACA legislation is both an economic imperative and a humanitarian necessity."
Microsoft said it has 39 DACA recipients among its employees and that it will "exercise its legal rights properly to help protect our employees," even if Congress doesn't come to a decision on new legislation to replace or rescind DACA within six months.
"In short, if Dreamers who are our employees are in court, we will be by their side," Microsoft said.