According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher in Tuesday trade as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and...Technologyread more
Despite the popularity of companies like Beyond Meat and Impossible Foods, meat consumption around the world continues to rise.Food & Beverageread more
Snap CEO Evan Spiegel said on Tuesday during an earnings call that Snapchat plans to redesign its application to create the next version of the social media feed.
There's no timing on the Snapchat redesign, Spiegel added. He hinted it would be the evolution of the social media feed, focused on friends and what people are watching currently. Twitter and Facebook were cited as inspirations. Spiegel said there will be ways to monetize the new feed, but did not provide any additional details.
The company is tweaking its app to attract new users who find it difficult to use. That likely includes older people who find the interface baffling — which might be one reason why Snapchat reported lower-than-expected daily active users (DAUs) of 178 million people in its third-quarter earnings report. Wall Street was expecting 181.2 million.
"One thing that we have heard over the years is that Snapchat is difficult to understand or hard to use, and our team has been working on responding to this feedback. As a result, we are currently redesigning our application to make it easier to use," Snap CEO Evan Spiegel said in a prepared earnings statement Tuesday.
Shares of Snapchat plunged after hours after its earnings missed on the top and bottom.
Disclosure: CNBC parent NBCUniversal is an investor in Snap.