Huawei CEO Ren Zhengfei said in an interview with CNBC the company's business is still strong in China.Technologyread more
Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
Zuckerberg fell out of Glassdoor's top 20 CEO ranking for the first time, although his employee approval rate remains high.Technologyread more
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.Traderead more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
China is reducing support for its electric carmakers a move experts and industry insiders warn could lead to consolidation and waning investor appetite. But some of the...Technologyread more
Is your CEO on the list? Glassdoor has the results.Power Playersread more
Joseph Gaspar, the chief financial officer at Elbit Systems, said M&A among firms in the sector began to pick up pace in the 1980s and looks set to continue.Paris Air Showread more
The U.S. Department of Defense has hit back at Russian officials who have criticized a U.S. plan to deploy more troops to the Middle East.World Politicsread more
Commerce Secretary Wilbur Ross told CNBC on Thursday the future of commercial space projects depends on colonizing the moon.
"I think a lot depends upon how successful we are in turning the moon into a kind of gas station for outer space," Ross told "Squawk Box. " "The plan is to break down the ice [there] into hydrogen and oxygen, use those as the fuel propellant."
Rockets would not need as much thrust leaving Earth if they only had to get to the moon, he said. "Then at the moon, you have very low gravity so you don't need so much thrust to go from the moon to Mars, for example, or another asteroid."
Ross, a former private-equity investor with more than 55 years experience, has emerged as the point man for promoting commercial space projects. President Donald Trump has previously emphasized federal efforts to spur private space projects.
The Trump administration is also pushing to get Americans back to the moon. Additionally, the administration announced plans earlier this month to have private entities take over operations in low Earth orbit from the International Space Station.
On Thursday, Ross said the Trump administration would try to deregulate space quickly, adding "the pace of regulatory change has to match the pace of technological change."
Ross also spoke on space pioneer and billionaire Elon Musk. The SpaceX and Tesla chief recently launched a cherry red Tesla Roadster into space on SpaceX's Falcon Heavy rocket.
"It was really quite an amazing thing," Ross recalled. "At the end of it, you have that little red Tesla hurdling off to an orbit around the sun and the moon."
There will be "rules to the road" in Space, Ross argued. "There needs to be. There need to be means for policing, if you will, the debris in space. That's one of the big problems. And as more and more launches occur, more and more satellites reach the end of their life, that's going to be a problem we have to deal with."
— CNBC's Michael Sheetz contributed to this report.