The Goldman Sachs technology M&A team, led by Sam Britton, has cashed in on its software focus and decades of experience to dominate 2019's biggest deals.Technologyread more
American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The summit comes amid fears over a global economic slowdown, and U.S. tensions over trade allies, Iran and Russia.Politicsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Trump does have some powerful tools that would not require approval from U.S. Congress.Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
Visa will continue to facilitate gun purchases as long as it is legal for people to buy firearms, the chief executive of the credit card giant told CNBC on Wednesday.
"We are guided by the federal laws in a country, and our job is to create and to facilitate fair and secure commerce," said Visa Chairman and CEO Alfred Kelly, the latest corporate leader to address the issue of gun control after the deadly weekend mass shootings in Texas and Ohio.
Kelly said it is the legislators who "need to do their job," and Visa's stance as a payment processor for gun purchases hasn't changed over the past year.
"The reality is that it's very hard for us to do it. ... If we start to get in the mode of being legislators it's a very slippery slope," Kelly said. "We shouldn't be determining what's right or wrong in terms of people's purchases."
The company will continue to "follow the laws of the land," he added.
"We shouldn't tell people they can't purchase a 32-ounce soda. We shouldn't tell people they can't buy reproductive drugs," Kelly said.
Kelly is not the only credit card company CEO to voice the challenges of regulating gun purchases.
Ajay Banga, CEO of Mastercard, said it is not his company's place to dictate what consumers can and cannot buy, according to a Bloomberg article. Banga does not think personal beliefs should guide how he operates his company's networks.
Meanwhile, Alan Patricof, founder of venture capital firm Greycroft, spoke out earlier this week in favor of tighter gun control laws. He told CNBC that more company leaders need to "come out and massively say, 'We've got to do something about this.'"
While Visa will continue to allow its customers to buy and sell guns, Kelly called out policymakers.
"They ought to get busy on some common sense changes to deal with the horrific problems that we've seen in the United States, not just this weekend but for years and years," he said. "It's time to start looking at mental health, the size of these magazines, the type of weapons. They've got to do something."