Cyberattacks against accounting software firm Wolters Kluwer and the City of Baltimore in May showed how the newest wave of malicious hacking can have significant, often...Technologyread more
The European parliamentary election is the second largest democratic exercise in the world.Europe Newsread more
Biden had criticized Kim Jong Un as a "dictator" and a "tyrant" at a recent rally in Philadelphia. North Korean state media responded by calling Biden a "fool of low IQ" among...Politicsread more
Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
Branson, founder of the Virgin Group and a supporter of Hillary Clinton's failed presidential campaign, alleged that Trump spent the meeting talking about how to destroy people who refused to lend him money when one of his companies went bankrupt.
In a "Squawk Box" interview, Branson provided this account:
"He invited me to lunch or dinner at his house, and he had just been bankrupt," Branson claimed, later clarifying he meant one of Trump's companies had filed for bankruptcy.
"I thought we would have an interesting conversation about a whole range of issues, and he just spent the whole lunch talking about five people he rung up to try to get help from ... and how these people had refused to help him and how his life's mission was to going to be to destroy these people," Branson asserted.
The White House did not immediately respond to CNBC's emailed request for comment on Branson's claims about meeting Trump and what transpired.
Branson did not provide the exact date of the meeting or identify the Trump company that he said went bankrupt.
It's well-documented that in the 1990s Trump's real estate empire was on verge of collapse. During one of the presidential debates last year against Clinton, Trump referred to steps taken during that time to turn around his company.
Trump, on stage with Clinton, said, "On occasion, four times, we used certain [bankruptcy] laws that are there."
Further defending using bankruptcy in business, Trump said at the time, "I take advantage of the laws of the nation because I'm running a company."
During the campaign, Branson was not shy in criticizing Trump, calling the future president "irrational, aggressive" and lacking informed ideas.