Stock futures fell sharply as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.US Marketsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
Tesla was set for its seventh straight day of losses after more analysts joined the growing list of those concerned with its finances.Investingread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
With Tesla shares skidding, two experts weigh in on what could be next for the automaker and its volatile stock.Trading Nationread more
Papa John's founder John Schnatter has been selling his shares in the company but remains its largest shareholder.Restaurantsread more
First-time claims for state unemployment benefits were expected to total 215,000 for the most recent week, up slightly from the 212,000 claims reported for the previous week.Economyread more
U.S. Secretary of State Mike Pompeo joined CNBC's "Squawk Box" on Thursday.Energyread more
Chipotle Mexican Grill is about to take a hit from rising prices due to African swine fever, according to BMO Capital Markets.Marketsread more
British Prime Minister Theresa May could announce her resignation in the next few days, according to U.K. media reports, as she faces increasing pressure from members of her...Europe Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
A bill has been reintroduced in the California state legislature that would limit the number of guns Californians can purchase to just one per month. A similar measure was vetoed last year by outgoing Gov. Jerry Brown.
It comes as another Democrat, Gavin Newsom, takes the reins Monday as the state's 40th governor. Newsom took a swipe at the gun lobby and Trump administration in his inaugural address.
"Make no mistake, there are powerful forces arrayed against us," Newsom said. "Not just politicians in Washington — but drug companies that gouge Californians with sky-high prices. A gun lobby that's willing to sacrifice the lives of our children to line their pockets."
In the aftermath of the Nov. 7 Borderline Bar & Grill mass shooting in Thousand Oaks, Newsom went on record supporting tougher gun control laws. He wasn't specific on any piece of legislation but indicated there were bills Brown rejected that he favored.
"I've been as transparent on gun issues as any candidate for higher office in decades," Newsom told reporters in November. "I think we can even do more and better."
California Senate Bill 61, introduced by Democratic state Sen. Anthony Portantino, would impose a prohibition on the purchase or transfer of more than one firearm within a 30-day period. California law already prohibits any person from purchasing more than one handgun per month.
Last September, Brown vetoed Senate Bill 1177, a similar bill that would have banned Californians from buying more than one long gun per month. He also rejected another measure doing the same thing in 2016 and called the legislation in his veto message "well intentioned," but added it "would have the effect of burdening lawful citizens who wish to sell certain firearms that they no longer need."
Maryland has a ban on the books barring a person from buying more than one handgun or assault weapon within a 30-day period, while New Jersey bars dealers from transferring more than one handgun to any person within a 30-day period. Virginia passed a one-handgun-a-month law in the early 1990s but repealed it in 2012.
"California already has extensive waiting periods before a law-abiding citizen can exercise a fundamental constitutional right," said Lawrence Keane, senior vice president for government and public affairs for the National Shooting Sports Foundation, a gun rights advocacy group based in Connecticut. "Further burdening and infringing on Californians' constitutional rights by rationing its exercise will not make the community safer. This was something former Gov. Brown understood."