China may have signaled it's going more hard-line on trade, but it could be a good thing, former U.S. negotiator Clete Willems told CNBC.World Economyread more
As China's economic growth declines, some analysts say Beijing may have to spend more on infrastructure, adding to concerns about high debts.China Economyread more
After years of speculation, Neuralink, the brain-machine interface start-up co-founded by Elon Musk, started talking directly to the public on Tuesday.Technologyread more
"The charts, as interpreted by Carley Garner, suggest that the upside in the stock market has gotten more limited," Jim Cramer says.Mad Money with Jim Cramerread more
John Paul Stevens, who served on the Supreme Court for nearly 35 years and became its leading liberal, has died.Politicsread more
A key read on the industry, the Architecture Billings Index, fell into negative territory in June, according to the American Institute for Architects. Inquiries for new...Real Estateread more
The largest U.S. banks are scrutinizing members of the Federal Reserve for any insight into how the central bank will tinker interest rates.Banksread more
Mikaila Ulmer may be just 14 years old, but the Me & the Bees Lemonade founder knows a thing or two about business.Young Successread more
U.S. President Donald Trump said Tuesday that Washington and Beijing have a long way to go on trade, adding that America could place tariffs on an additional $325 billion...Asia Marketsread more
The U.S. and China restarted their trade talks, but signs are showing a comprehensive deal could be a long way off, if it happens at all.Marketsread more
The WTO ruling recognized that the United States had proved that China used state-owned enterprises to subsidize and distort its economy. But the U.S. must accept Chinese...World Economyread more
West showed a proposed image of the hydrogen-powered plane to Trump and his son-in-law, Jared Kushner.
As it turns out, West didn't come up with concept or the picture. Rather, it was developed by a freelance transportation and industrial designer named Shabtai Hirshberg, who told CNBC that he worked on the design as a graduate student at the College for Creative Studies in Detroit.
Hirshberg, who completed his graduate work in 2012, posted the design three years ago to Behance, a website used by creative professionals to publish portfolios of their content. He had no idea West was pitching the idea in the White House. He also never suggested that Apple build the plane.
"It all caught me by surprise," Hirshberg said in a phone interview. "It's not every day your designs are presented to the president."
Hirshberg said the project was "an accumulation of a year of my research and design work."
While West suggested that the plane might be fueled by hydrogen, Hirshberg said that wasn't exactly what he had in mind.
"It's definitely an option, but I think hydrogen is a little far out," Hirshberg said. "I was thinking ultra-high bypass turbo fan, which is an extreme version of what we're using today."
Hirshberg said that he's currently working on a smaller version of the plane that would be more feasible to build. Asked whether he'd be willing to talk to West about his work, Hirshberg responded, "I'd be more than happy to."