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
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
Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread 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.