Health-care companies claim they are not threatened by Amazon's potential foray into the space. A recent lawsuit suggests otherwise.Technologyread more
It wasn't supposed to be this way: The 2017 tax cut and aggressive moves toward deregulation were supposed to pull the U.S. economy out of its glacial move higher.Economyread more
The yield on the benchmark 10-year Treasury note fell below 2% for the first time since November 2016 on Wednesday.Bondsread more
Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.CNBC Disruptor 50read more
President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.Politicsread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social Capital.Technologyread more
The road to the Fed's policy pivot to lower interest rates began in early May, with a tweet from President Trump on trade.Market Insiderread more
See which stocks are posting big moves after the bell on June 20.Market Insiderread more
Chairman Jerry Nadler, D-N.Y., said in a statement that lawyers for the Trump administration blocked Hicks from answering questions 155 times during the Wednesday hearing.Politicsread more
Jim Cramer says "you'll want to keep some powder dry so you can buy into weakness and get some real bargains."Mad Money with Jim Cramerread more
CNBC analysis using Kensho found that Disney, Verizon and Home Depot were some of the best performing Dow stocks in declining-rate environments.Investingread more
Peugeot SA Chief Executive Carlos Tavares said on Wednesday that by 2025 "the PSA Group will be 100 percent electrified," and said the French automaker will use the know-how of former Opel engineers acquired from General Motors to design vehicles for the U.S. market that would compete in GM's home market.
Tavares, speaking to the Automotive News World Congress in Detroit, said 80 percent of the French automaker's vehicles will have the capability to navigate themselves under limited conditions by 2030, and 10 percent will have "level four and level 5" autonomy.
Auto industry executives use the term electrified to describe fully electric vehicles, and vehicles that use hybrid systems that combine battery systems and petroleum-fueled engines.
Peugeot exited the U.S. market more than 20 years ago. Tavares, the former Renault-Nissan executive who took over the company in 2014, has outlined plans to slowly re-enter the U.S. market, starting with ride services.
Last year, Tavares acquired GM's European Opel operation after GM decided to divest the money-losing operation.
Tavares on Wednesday outlined a three-step process for re-establishing Peugeot in the U.S. market, the world's second largest.
Peugeot already is beginning to offer ride services in the United States through its Free2Move brand, using other companies' cars. Next, Tavares said, will come ride services using Peugeot cars. The third step will be to start offering Peugeot vehicles designed with Opel engineers who worked designing vehicles for GM that were sold in the United States.
Opel engineers can "ensure the future products for this market will be fully U.S. compliant" not just from a regulatory standpoint, but also with consumer tastes, Tavares said.