Tech's hottest IPOs of the year, including Beyond Meat and Zoom, dropped on Monday, falling more than the broader market.Technologyread more
"We do not seek conflict with Iran or any other country," Trump tells reporters in the Oval Office.Politicsread more
Stocks in Asia were tepid in Tuesday morning trade, while investors looked toward to a meeting between U.S. President Donald Trump and Chinese President Xi Jinping set to...Asia Marketsread 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
Some traders think the energy rally is about to wane, despite the sector being one of June's big winners.ETF Edgeread more
Stocks with this one feature are poised to crush the market after a rate cut, according to Goldman Sachs.Marketsread more
executives will now fly using charter services, The Wall Street Journal reported Wednesday.
CEO John Flannery is grounding the fleet of General Electric corporate jets, a person with knowledge of the situation told the Journal.
The industrial conglomerate is seeking ways to cut corporate spending. Beginning Wednesday, Flannery is ending the internal airline for corporate executives.
"As we have said, we are executing on a plan to take out $2 billion in cost by the end of 2018," a GE spokeswoman told CNBC. "As part of that effort, starting today, we are reducing the Corporate Air Transport services and will use charter companies as needed."
For decades the fleet has shuttled executives to operations around the globe, with its pilots clocking hundreds of hours of flight time each year.
GE overseas will continue to utilize its helicopter fleet and some other aircraft, according to the Journal.
Shares of GE rose less than 1 percent in midday trading Wednesday. GE's stock is down 23 percent this year, according to FactSet.
Read the full report at The Wall Street Journal here.