Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Markets in Australia and Japan looked set to open slightly lower as investors worried over trade tensions between the U.S. and China.Asia Marketsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
Stocks fell sharply on Thursday as investors started to fear the U.S.-China trade war is slowing the economy.Marketsread more
"The last thing I want is to put a date out there for lifting the grounding," said Dan Elwell, acting administrator for the FAA.Transportationread more
The charges allege he published secret documents obtained by former Army intelligence analyst Chelsea Manning, some of which included the disclosure of foreigners who were...Politicsread more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
See which stocks are posting big moves after the bell on Thursday, May 23.Market Insiderread more
Sentiment is "not negative enough to trigger a huge rally ... unless we get some kind of real breakthrough with China," Jim Cramer says.Mad Money with Jim Cramerread more
Oracle co-founder Larry Ellison disclosed a $1 billion stake in Tesla in late December. It's now worth about $580 million.Technologyread more
Google CEO Sundar Pichai sent an internal email on Tuesday condoning an employee protest planned for Thursday in the wake of a bombshell New York Times' report about sexual misconduct at the company, a source tells CNBC.
Pichai's note, previously obtained by Axios, follows a memo he sent staff last week saying the company had made changes in recent years to take "an increasingly hard line" on inappropriate conduct at work and had fired 48 people, including 13 senior managers, in the last two years, without exit packages.
In his latest memo, Pichai clarifies that the company also had not provided exit packages to employees who resigned while the company was investigating claims of sexual harassment.
The original Times report alleged that Google gave former Android leader Andy Rubin a $90 million exit package despite finding sexual misconduct claims against him credible (Rubin denied misconduct through a spokesperson and on Twitter).
Richard DeVaul, another one of the employees named by the Times' as having exhibited inappropriate behavior, resigned earlier on Tuesday. DeVaul did not deny the Times' allegations, but instead apologized for an "error of judgement."
In light of the Times' reporting on how Google shielded some of its executives, some employees are organizing a walkout for Thursday. Pichai said in his latest note that Google's head of people operations, Eileen Naughton, would make sure that managers "were aware of the activities planned for Thursday" and that employees would have the "support" they needed.
Pichai also said in his memo that he'd heard from many employees, some of whom raised "constructive ideas" to improve Google's processes and policies around sexual misconduct, and that the company would take action on some of them. He also said it was clear that the apology from a previous all-hands meeting wasn't enough, and he reiterated that he was "deeply sorry" that past actions had "caused pain."
Google confirmed the legitimacy of the email.