The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Billionaire activist Tom Steyer will push $30 million into an effort to boost millennial voter turnout in this year's midterm elections to help Democrats take over the House.
The former hedge fund manager, who made the announcement Monday, will not run for office in California this year. Rumors had swirled around whether he would challenge Sen. Dianne Feinstein for her seat later this year.
"I'm not going to run for office in 2018. That's not where I can make the biggest difference," Steyer said at a news conference in Washington.
Steyer raised his profile by launching national advertising campaigns in October calling for President Donald Trump's impeachment. He reportedly spent about $20 million on his Need to Impeach campaign and pressured Democrats to remove Trump from office if they win the House majority in the 2018 elections.
His voter turnout campaign, called NextGen Rising, said it will target more than 30 seats. It said it aims to "register more than 250,000 young voters."
"I'm putting $30 million behind NextGen America's youth organizing program to unleash the full political power of young voters ... They are horrified by what's happening in Washington D.C.," Steyer said on Monday.
The campaign will be active in 10 states: Arizona, California, Florida, Iowa, Michigan, Nevada, New Hampshire, Pennsylvania, Virginia and Wisconsin, Steyer said.
In a statement, Republican National Committee spokesman Michael Ahrens said "Tom Steyer can light as much of his money on fire as he wants," but it "doesn't change that Democrats like Nancy Pelosi view him as a distraction."
"If Democrats' message for 2018 is a baseless impeachment threat that the majority of voters disagree with, they're going to lose," he said.
Steyer, who retired from his hedge fund Farallon Capital in 2012, has pushed millions of dollars to Democratic candidates and causes in recent years. He started NextGen America, a political organization that supports liberal positions on climate change, immigration and health care, among other issues.
The activist said he will also "redouble" the effort to push for Trump's impeachment. He called the president a "clear and president danger to the institutions of our democracy."
Efforts to publicize the campaign include delivering a copy of Michael Wolff's explosive new book, "Fire and Fury: Inside the Trump White House," to every congressional office. The book makes numerous claims about Trump's competence and fitness for office that the White House has vehemently fought.
Steyer said he will still support Democrats who do not promise to impeach Trump, saying there will be no "litmus test."
Steyer acknowledged on Monday that the impeachment calls "make some of our friends and allies in this city uncomfortable." For example, Rep. Jim Himes, D-Conn., has said "the impeachment message right now is not helpful" for Democrats' efforts to win a House majority, according to The Wall Street Journal.
Steyer argued that Americans want to see Trump removed from office. He added that he believes fighting Trump's policies and pushing to remove him from office can happen simultaneously.