Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
The announcement for Target also comes on the heels of a strong quarterly earnings report, where it showed it drove more people to stores and got them to spend more money...Retailread more
The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
But until there's a binding request, his bank won't give anything up, Deutsche Bank CEO John Cryan told CNBC.
The German lender has done business with the current U.S. president for decades, and there have been hundreds of millions of dollars' worth of loans made to Trump businesses through a Deutsche Bank unit, according to multiple reports.
But, speaking on the sidelines of the Singapore Summit, the CEO declined to comment on whether the bank has received a subpoena for the federal investigation into Trump and his campaign.
"I think we've agreed we wouldn't comment on that matter other than to say that if we do receive a request — potentially in the form of a subpoena, but there are other forms of formal request — by which we're bound, then of course we will cooperate fully with any official investigation," Cryan said.
"But we cannot just share with the public information about any client, whoever that client is, because it's ... illegal but it's also incredibly bad practice," he added. "So we will always follow the rules, we will always follow the law, but we can't just compromise our clients' confidential data."
Cryan declined to comment on whether Special Counsel Robert Mueller or anyone from his team had been in touch with the bank.