Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The 2019 PGA Championship wraps up on Sunday, May 19. Here's how much money the champion will earn.Earnread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Business Newsread more
While the prolonged fight has been devastating to an already-struggling agriculture industry, there's little indication Trump is paying a political price.Traderead more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
Formula One — the popular motor racing event — has had a hard time cracking the U.S. market, but it may finally be on the right track, the chief executive of McLaren Racing said.
"Well, they're starting to get it right now. What they got wrong is they didn't have the same venue that they were going to ... it's been in Phoenix, it's been in Detroit, it's been in Dallas, it's been in Indianapolis, I don't think that has helped that lack of consistency," Zak Brown, the CEO of the company, told CNBC's "Capital Connection" on Friday.
"Now, we've solved that with Austin, that was an outstanding race. I think we need another race," he added. Austin has hosted the race since 2012.
Miami was supposed to be added into the Formula One 2019 race calendar, but that plan has been postponed — potentially to 2020.
Attendance at U.S. Grand Prix fell in 2017 by 4.4 percent from a year ago. But Brown said that could be changing soon.
"It is growing in America but from a small base," he said. "I think we need to pick a plan, stay the course. I think it can be very popular in America."
Disclosure: CNBC has a partnership with McLaren.