Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
Japan's Panasonic said on Thursday it has stopped shipments of certain components to Huawei Technologies to comply with U.S. restrictions on the Chinese company.Technologyread more
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution...Asia Marketsread more
Research analyst Adam Jonas, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or Amazon would buy it.Technologyread more
The disclosures come as a federal judge ruled Wednesday that two other banks — Deutsche Bank and Capital One — can give financial documents to Congress, NBC News reports.Politicsread more
Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread more
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
The president may have more success in the court fights to come, including appeals in the cases decided this week. But the two losses are nonetheless a dramatic setback for...Politicsread more
Amazon CEO Jeff Bezos and Google co-founders Larry Page and Sergey Brin added $8.6 billion to their combined wealth on Thursday, thanks to better-than-expected earnings reports from two of the world's three most valuable internet companies.
Bezos picked up an additional $6.24 billion in value, which likely puts him ahead of Microsoft founder Bill Gates to make him the world's richest person. According to the Bloomberg Billionaires Index, Bezos was worth $83.5 billion earlier on Thursday, about $4.5 billion behind Gates at $88 billion.
Gates still owns 1.3 percent of Microsoft. His wealth also increased Thursday afternoon, by about $340 million, after the software maker's earnings topped analysts' estimates.
Page is $1.2 billion richer and Brin's fortunes increased by $1.15 billion after Alphabet's third-quarter profit blew past expectations. Prior to the results, they were worth $49.3 billion and $48.2 billion, respectively.
Technology leaders are climbing the ranks of the world's wealthiest people this year as their businesses outperform the rest of the market. Six of the top 10 names on the list are founders of U.S. tech companies.