As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and also apply those discounts to private health plans.Health and Scienceread more
The U.S. economy will have a tough time at the start of 2020, says the head of one of the largest bond managers in the world.Delivering Alpharead more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
The Democratic-held House plans to move forward with a bill to fund the government through Nov. 21 and avoid another government shutdown.Politicsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
A new Hollister store is coming later this month to New York, right down the block from Macy's, Target and Victoria's Secret in the busy Herald Square shopping district.Retailread more
Newly public ride-sharing companies Uber and Lyft have tumbled 25% since their initial public offerings, but Light Street's Glen Kacher still believes there's a path for...Delivering Alpharead more
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
The PSA features kids in what initially appears to be a cheerful spot. But it becomes darker as children show how their "back to school" products help in the context of a...Politicsread more
The formats will be available for Facebook's News Feed.Technologyread more
Some of the items in the GOP tax reform discussion are just "buying off" special interests and serve no other purpose, Republican Sen. Bob Corker told CNBC on Thursday.
"Some of the things we're doing, I'm sorry, are ridiculous," Corker told "Squawk Box," though he did not mention any specifics.
"I'm sorry, but we live in a political world," said Corker, a member on the Senate Budget and Banking committees. Those things are "not going to drive 1 ounce of economic growth. But it's what you have to do to pass a tax bill."
Corker described some efforts to pass tax reform as "unfortunate."
"It's buying off of people to pass tax reform," Corker said.
"We could take a lot of this off in the trash can and make it easier and actually do something that grows our economy and increases our wages," he said.
President Donald Trump and the GOP have been pushing for a major overhaul to the U.S. tax code. They believe tax relief would give the current economy a boost.
House Republicans on Thursday narrowly approved a budget deal, a crucial step toward passing tax cuts later this year.
The Tennessee Republican said he wants to "go out with afterburners trying to make things happen."