The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Hasan Minhaj took to Twitter to make a satirical response to Netflix's decision to pull an episode of his show "Patriot Act" in Saudi Arabia.
"Clearly, the best way to stop people from watching something is to ban it, make it trend online, and then leave it up on YouTube," the U.S. comedian said in a Twitter post Wednesday.
An episode of the show blasting Saudi Arabia over the killing of Washington Post journalist Jamal Khashoggi and the country's role in the Yemen civil war was taken down by Netflix last week.
The U.S. streaming giant removed it after the Saudi government made a legal request, alleging the content violated anti-cybercrime rules. Article 6 of Saudi Arabia's anti-cybercrime law prohibits the "production, preparation, transmission, or storage of material impinging on public order, religious values, public morals, and privacy" on the internet.
Netflix maintains the decision was taken following a "valid legal request" from the Kingdom to remove the episode. It stressed that its position was consistent with how other U.S.-based firms operate. The episode can still be viewed in Saudi Arabia via YouTube.
The decision drew outrage from Karen Attiah, Khashoggi's former editor at the Post, and Sarah Leah Whitson, executive director of Human Rights Watch. Attiah slammed the move as "quite outrageous," while Whitson said "Netflix's claim to support artistic freedom means nothing if it bows to demands of government officials who believe in no freedom for their citizens."
In the episode, entitled "Saudi Arabia," Minhaj took aim at Crown Prince Mohammad Bin Salman, who many have hailed as a reformer due to his plan to steer Saudi Arabia away from oil dependency and diversify its economy.
"It blows my mind that it took the killing of a Washington Post journalist for everyone to go, 'Oh, I guess he's really not a reformer'," Minhaj said.
Minhaj, known for his role as senior correspondent for "The Daily Show," took up his new gig with Netflix last year. "Patriot Act with Hasan Minhaj" is a cultural and political satire that has covered everything from Silicon Valley and freedom of speech to immigration in America and affirmative action.
Saudi Arabia was enveloped in controversy late last year following the death of Khashoggi. The Kingdom initially denied involvement in his murder, only to later admit it was "premeditated" and carried out by rogue agents.
The country denies a CIA assessment that the Saudi crown prince had ordered Khashoggi's death. It has charged 11 people with the murder.
Saudi Arabia is ranked 169th out of a list of 180 countries in Reporters Without Borders' world press freedom index. The organization says on its website: "The level of self-censorship is extremely high and the Internet is the only space where freely-reported information and views may be able to circulate, albeit at great risk to the citizen-journalists who post online."