While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
While Hong Kong leader Carrie Lam painted a bleak picture of the city's economy, she expressed hope that dialogue with protesters could provide "a way out."China Politicsread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
U.S. President Donald Trump and his former White House communications director Anthony Scaramucci have had a public falling out recently.Politicsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia were mixed on Tuesday, as the People's Bank of China published its new loan prime rates which would result in cheaper borrowing costs for companies.Asia Marketsread more
President Donald Trump said Thursday that he didn't fire former FBI Director James Comey because of Russia — contradicting his own previous statements.
"I never fired James Comey because of Russia," the president said in a tweet.
Trump has offered a variety of reasons for firing the FBI director, which he did by letter on May 9, 2017. Two days after dismissing the embattled law enforcement officer, Trump told NBC's Lester Holt that the FBI's Russia investigation was on his mind during the firing.
"And, in fact, when I decided to just do it, I said to myself, I said: 'You know, this Russia thing with Trump and Russia is a made up story, it's an excuse by the Democrats for having lost an election that they should've won,'" Trump said at the time.
Earlier in May 2018, the president's attorney, Rudy Giuliani, said Trump fired Comey because he would not say that Trump was not a target of the FBI's investigation into Russian interference in the 2016 election.
"He fired Comey because Comey would not — among other things — say that he wasn't a target of the investigation," Giuliani said in an interview with Fox News host Sean Hannity.
In the letter firing Comey, Trump wrote that Comey told him on three occasions that he was not under investigation. Comey confirmed telling Trump he was not under investigation in congressional testimony.
The president's comments come a day after new reports that zero in on the time Comey was fired. Former Deputy FBI Director Andrew McCabe, who was dismissed earlier this year, reportedly had written a memo saying that Deputy Attorney General Rod Rosenstein told him that he was asked to include a reference to the Russia investigation in his own critical memo on Comey.
The final version, which Trump cited when he fired Comey, didn't mention Russia and focused instead on the former FBI director's handling of the Clinton email case.
Robert Mueller, the special counsel, is investigating whether the president obstructed justice by firing Comey, a position on which legal experts are divided. Trump has repeatedly denied that he committed obstruction.
Rosenstein appointed Mueller to the post days after Trump fired Comey.
Since his firing, Comey has published a book about his dealings with Trump, and has been an outspoken critic of the president.
The White House did not immediately respond to a request for comment from CNBC.
Minority Leader Sen. Chuck Schumer, D-N.Y., took to Twitter to troll the president over his remarks.
"Let's go to the videotape," the senator wrote, including a clip of Trump's interview with Holt.
Sen. Mike Lee, R-Utah, told CNN on Thursday morning that he didn't know what Trump had in mind when he fired Comey.
"The fact that he might have had a lot of things on his mind, including the fact that he believed that the Russia thing was made up, still doesn't negate the fact that he had adequate reason to fire him, and that he had adequate authority to fire him."