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
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread 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
Senate Democrats on Wednesday unveiled a sweeping bill to protect and expand voting access, limit big money's influence in elections and boost public officials' ethics requirements, following the passage of near-identical legislation in the House.
But even Democrats doubt that the ambitious bill stands much of a chance of making it through the Republican-held Senate led by Majority Leader Mitch McConnell, R-Ky.
The "For The People Act, " introduced by Senate Minority Leader Chuck Schumer, D-N.Y., Sen. Tom Udall, D-N.M., and Sen. Jeff Merkley, D-Ore., offers a laundry list of reforms that its Democratic sponsors claim will "put power back in the hands of the American people."
The broad legislation would require states to support voter registration expansions such as same-day registration, and would crack down on illicit campaign spending by strengthening a ban on foreign money in elections and requiring political groups to disclose the names of donors who contribute more than $10,000.
It also pushes for giving Washington, D.C., "full congressional voting rights and self-government, which only statehood can provide." And in a clear shot at President Donald Trump — who broke with longstanding precedent by refusing to release his tax returns — the proposal would require that presidential and vice presidential candidates' returns be publicly disclosed by the Federal Election Commission.
Schumer, at a news event Wednesday morning, challenged the Republican majority in the Senate: "Where do they stand on dark money cascading into our system? Where do they stand on making it easier, not harder, for people to exercise their right to vote? Where do they stand on cleaning up the swamp?"
The Senate bill was introduced less than three weeks after its so-called companion legislation in the House, H.R. 1, cleared that Democrat-led chamber on a 234-193 party-line vote.
McConnell's stance on H.R. 1 suggests he will refuse to allow a vote on the Senate Democrats' bill. In a January op-ed for The Washington Post, McConnell slammed what he dubbed the "Democrat Politician Protection Act," claiming it was a "power grab" filled with "far-left proposals" and intended as "simply a naked attempt to change the rules of American politics to benefit one party."
The White House said in a statement in early March that "if H.R. 1 were presented to the President, his advisors would recommend he veto the bill."
Neither the White House nor McConnell's office immediately responded to a request for comment on the legislation.
Democrats recognize that their bill faces long odds of passage in the Senate, let alone making it past Trump's desk.
"Sen. McConnell has already indicated that he doesn't intend to bring it up," a Democratic aide familiar with the legislation told CNBC. "But we're certainly not giving up."
The aide said there was "no question" that special interest groups were "counting on McConnell to do their bidding," and admitted that "he probably will in this case again."
But, the aide added, "we're going to make him as uncomfortable as possible."