The fallout from two fatal crashes of Boeing 737 Max planes has ensnared the manufacturer's most-loyal customer: Southwest Airlines. The carrier has canceled thousands of...Airlinesread more
The Fed is expected to cut rates Wednesday, but it is unlikely to tell markets what they want to hear on future rate cuts.Market Insiderread more
Pelosi said Trump should not have tried to address China's trade practices in a way that opened Americans up to financial pain.Politicsread more
Brent crude oil jumped the most in history in the previous session after attacks on Saudi's oil industry disrupted the kingdom's production.Marketsread more
In the survey, conducted after the third in the Democratic Party's series of debate, the former vice president draws 31% compared to 25% for the Massachusetts senator. At 14%,...2020 Electionsread more
Stocks rose slightly on Tuesday, but gains were capped as the Federal Reserve kicked off a two-day monetary policy meeting.US Marketsread more
The U.S. Air Force's top general says he hasn't received direction to send additional bombers to the Middle East after what is believed to be Iranian attacks on Saudi Arabian...Defenseread more
Facebook has partnered with Ray-Ban maker Luxottica to develop augmented-reality glasses code-named 'Orion', people familiar with the matter told CNBC.Technologyread more
"I believe the path to 'health care for all' is a path following the lead of the Affordable Care Act," House Speaker Nancy Pelosi tells Jim Cramer.Health and Scienceread more
The pet food and product retailer posted net sales of $1.15 billion, topping estimates of $1.13 billion, according to a survey of analysts by Refinitiv.Retailread more
E-cigarette maker Juul Labs Inc.'s sales have been halted on two websites in China, just days after it launched in the world's biggest tobacco market.Biotech and Pharmaceuticalsread more
Sweden's Prime Minister Stefan Lofven has been ousted from the government after losing a vote of confidence in parliament Tuesday.
The vote essentially throws the country's political establishment into tumult and could lead to a center-right coalition taking control of government, propped up by the far-right Sweden Democrats.
Swedish lawmakers held a mandatory vote on Tuesday on whether parliament continued to support Prime Minister Lofven following an election on September 9 which resulted in a hung parliament.
Among Sweden's 349 members of parliament, 204 lawmakers voted "no" to Lofven remaining in his position, Reuters reported Tuesday morning. No one abstained, 142 voted in favour of Lofven remaining in the job and three members of parliament were absent.
The vote comes two weeks after an inconclusive election whose result rocked the country's political establishment.
Neither of the two main political coalitions in Sweden – that of Lofven's center-left grouping or the center-right Alliance -- gained a majority. Making matters worse for Sweden's more liberal politicians, the election saw the far-right Sweden Democrats party increase its share of the vote, becoming something of a "kingmaker" in the formation of a new coalition government.
Lofven, leader of the Social Democrats and the country's prime minister since October 2014, was leading a caretaker government whilst negotiations took place between the parties to form a new coalition government.
He refused to work with the Sweden Democrats, who in turn backed the center-right Alliance coalition in a confidence motion against the prime minister.
Following the vote of confidence result, Lofven warned that an Alliance-led government would be dependent on the Sweden Democrats for support.
The Alliance were defiant ahead of the confidence vote, however.
"Today, after the election, we're doing what we promised before the election," the Moderates' Ulf Kristersson, leader of the largest party in the centre-right Alliance opposition, told parliament ahead of the vote, Swedish English news outlet, The Local, reported Tuesday.
"To the Alliance it is obvious that Sweden needs a new government," Kristersson added.
The Social Democrats (Lofven's party), Greens and Left voted for Löfven, unsurprisingly, while the Alliance which is made up of four center-right parties - the Moderates, the Centre party, the Liberal People's Party and Christian Democrats -- voted against him, along with the Sweden Democrats, The Local reported.