As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Vice President Pence's sit-down with CNBC's Joe Kernen comes as President Donald Trump's White House navigates a forest of thorny political issues.Delivering Alpharead more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
President Donald Trump on Thursday filed a lawsuit against Manhattan District Attorney Cyrus Vance Jr. and his longtime accounting firm Mazars.Politicsread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead 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
Jim Chanos, founder of Kynikos Associates, revealed Thursday a stock he has been shorting for years: kidney dialysis company DaVita.Delivering Alpharead 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
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
The Federal Reserve has calmed the overnight funding market and brought its fed funds rate back in line with its target.Market Insiderread more
Forecasters say Hurricane Jerry could pass just north of the Leeward Islands on Friday, then move between Puerto Rico and the Bahamas on Saturday and Sunday.Weather & Natural Disastersread more
Shares of Bank of America rose 0.3 percent in Tuesday midday trading after the bank announced it would be buying back an additional $5 billion worth of shares.
The board of directors approved the additional repurchase, which will occur through June 2018. The company had previously announced plans to repurchase $12 billion in common stock earlier this year.
In a statement from Bank of America, the repurchase program "will be subject to various factors, including the company's capital position, liquidity, financial performance and alternative uses of capital, stock trading price, and general market conditions, and may be suspended at any time."
Bank of America shares are 31 percent higher this year, with a 4 percent jump in the last one month alone, as investors bet that banks will be one of the top beneficiaries of tax reform.
CEO Brian Moynihan is speaking at the Goldman Sachs financial services conference Tuesday morning and will also be appearing from there in an interview on CNBC.