Slack pursued an unusual direct listing, meaning it did not have banks underwrite the offering.CNBC Disruptor 50read more
President Trump says Iran may not have intentionally downed an unmanned U.S. surveillance drone.Politicsread more
Slack's CEO said that the company didn't want to go public via an IPO so that it could be as transparent and accessible as possible.Deals and IPOsread more
Oil jumped as much as 6% on Thursday after Iran shot down a U.S. military drone, prompting President Trump to blast Tehran on Twitter.Energy Commoditiesread more
For doubters thinking the rally is just a last gasp of the decade-long bull market, chart analysts are here to prove them wrong.Marketsread more
Notorious "pharma bro" Martin Shkreli has reached a settlement with his former biopharmaceutical company Retrophin just weeks ago after he sued two company directors and its...Biotech and Pharmaceuticalsread more
"The slowdown in the global economy is reaching this shore," veteran trader Art Cashin says.Economyread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
JetBlue is ordering the longest-range Airbus jets to expand service to more European cities.Airlinesread more
Apple announced on Thursday that it will recall some 15-inch MacBook Pro laptops because they have batteries that may "overheat and pose a fire safety risk."Technologyread more
Health-care stocks have caught a cold this year, but one technical analyst sees the beginnings of a recovery.Trading Nationread more
As U.K. Prime Minister Theresa May's proposed Brexit deal continues to face a pummeling in Parliament, the only option is to return the matter to the British public for a second referendum, according to Drew Hendry, a U.K. member of parliament from Scotland.
Hendry on Wednesday joined the chorus of parliamentarians calling for more time before Britain's looming departure from the European Union.
"There needs to be a situation now where there's an extension to Article 50 to allow this to go back to the people," Hendry told CNBC's "Squawk Box" Wednesday. Article 50 refers to the formal two-year process governing the U.K.'s departure from the European Union.
"The reason for that is very clear: There is a constitutional crisis now in the U.K. Theresa May's government is now feral," added Hendry, a Scottish National Party politician.
U.K. lawmakers rejected on Wednesday the prospect of leaving the EU without a deal. On Thursday, they will vote on whether to seek an extension to Article 50, which could prolong its exit deadline. Such an extension would need to be granted by all 27 other member states of the EU.
If the extension goes ahead, that could open up the possibility of a second Brexit referendum, a prospect that worries Brexit supporters.
However, Hendry said it was necessary to guarantee the best outcome — especially for Scots, who he said would be "disproportionately affected" by Brexit. Scotland voted to remain in the EU by a majority of 62 percent.
"All of the versions of Brexit bring deep economic harm in their wake to our people, and that disproportionately affects Scotland," said Hendry.
"The only outcome that makes any sense now is to go back to the European Union ... and say that we need a delay now so that we can take this back to the public, they can vote on whether or not to remain or accept this shoddy deal that doesn't work."
That second referendum should include a "remain" option, Hendry added.
The Scottish National Party's continued rejection of May's Brexit proposals also calls into question the prospect of a second referendum on Scottish independence.
The SNP has long campaigned for Scotland to become a sovereign state independent from the U.K. However, when Scots went to the polls in 2014, they voted to remain by a majority of 55 percent.
May has repeatedly stated that she will not allow a second referendum on Scottish independence while Brexit is ongoing. SNP leader Nicola Sturgeon, for her part, said this week she would not go ahead with a vote without the U.K. government's approval.
Still, Hendry said he is in "no doubt" that Scotland would side in favor of independence in a future vote — particularly if it meant it could gain EU membership after a Brexit.
"The mood has changed dramatically in Scotland over a future Scottish independence referendum," said Hendry.
"People are now looking towards Scotland being an independent nation taking its place at the top table within the EU as its own member state," he added.
Despite that assertion, an aggregation of 13 opinion polls found that 55 percent of Scots would vote to remain part of the U.K. in a second independence referendum.