The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
European stocks moved higher on Wednesday as investors digested the results in the U.S. midterm elections.
The pan-European Stoxx 600 ended provisionally up by 1.03 percent with every sector in the black. Banks, retail and construction firms were among the top performers.
The FTSE 100 ended provisionally up by 1 percent, Germany's DAX by 0.8 percent, France's CAC by 1.1 percent, and Spain's IBEX by 2.1 percent.
Spanish banking stocks pushed the sector higher after a Supreme Court ruling that banks are not required to pay levies on mortgages, sparing them from potentially having to reimburse billions of euros to borrowers who for years have paid the tax themselves. Banco Sabadell rose 2.4 percent and Caixabank was 4.3 percent higher by the close.
Retail stocks traded higher on the back of earnings news. Delivery Hero rose more than 4 percent on strong third-quarter results. The German sportswear retailer, Adidas fell 3.6 percent, despite raising its profit guidance for the year.
In the U.K., house-builder firm Persimmon announced that its CEO Jeff Fairburn will leave the company at the end of the year. Fairburn said that a scandal related to a $75 million bonus was an ongoing "distraction" that had dented the company's reputation. He will receive the payout.
U.S. stocks rallied on Wednesday after the midterm election results came in about as expected. According to NBC news, the Democrats are set to win control of the House of Representatives. NBC News also projected the GOP would maintain control of the Senate. Investors will be monitoring the midterms' results to understand what the likely implications of the vote for U.S. policy are. Health stocks moved higher after voters in California rejected a proposal to cap profits on dialysis companies. Fresenius Medical rose 8 percent and led the gains in Europe.
In terms of data, euro zone retail sales data showed an improvement in September, indicating strong consumer demand. Eurostat said that sales jumped 0.8 percent year-on-year.