CNBC | World Business News Leader
- Vince McMahon retires as WWE chief amid probes into alleged misconducton 22/07/2022 at 8:08 pm
Vince McMahon reportedly paid more than $12 million to four women affiliated with WWE to settle misconduct and infidelity claims.
- Markets face what could be the most important week of summer with Fed, earnings and economic dataon 22/07/2022 at 7:03 pm
There's a head-spinning amount of news for markets to navigate in the week ahead, the biggest of which will be the Federal Reserve's midweek meeting.
- Apple among the names reporting next week that typically beat on earnings, boosting shareson 22/07/2022 at 5:33 pm
The busiest week of the earnings season is around the corner, and there are some companies that tend to outperform expectations and see their stocks pop.
- Stocks making the biggest moves midday: Snap, American Express, Verizon, Seagate and moreon 22/07/2022 at 5:09 pm
These are the stocks posting the largest moves in midday trading.
- Trump aides at heart of explosive Jan. 6 claims have hired private lawyers, committee member sayson 22/07/2022 at 4:57 pm
The officials were cited in former White House official Cassidy Hutchinson's testimony before the select committee last month about Trump action's on Jan. 6.
- Apple's new car software could be a trojan horse into the automotive industryon 22/07/2022 at 4:37 pm
Apple is diving deeper into its automotive ambitions, opening up the possibility to enter into a multibillion segment of the auto industry.
- Former Trump aide Steve Bannon guilty in Jan. 6 contempt of Congress caseon 22/07/2022 at 4:33 pm
A prosecutor told jurors in closing arguments that former White House aide Steve Bannon "chose allegiance to Donald Trump over compliance with the law."
- Volkswagen CEO Diess to depart; Porsche boss Blume will lead the German auto gianton 22/07/2022 at 4:31 pm
Volkswagen CEO Herbert Diess will leave the company at the end of August. Oliver Blume, currently Porsche's CEO, will replace him.
- Shippers are avoiding the Port of Oakland as trucker protests over gig worker law stop flow of tradeon 22/07/2022 at 4:26 pm
Shippers are avoiding the Port of Oakland as trucker protests over California's gig worker law AB5 slow operations at the busy and already congested trade hub.
- Amazon's PR and policy chief Jay Carney leaves to join Airbnbon 22/07/2022 at 4:25 pm
Carney joined Amazon in 2015 after serving as White House press secretary under President Barack Obama and quickly rose to become a top executive.
- Playing the consumer trade down: Stock winners and losers as people pinch pennies to fight inflationon 22/07/2022 at 3:19 pm
Economic data and commentary from CEOs shows that inflation is starting to hurt the U.S. consumer, especially those with lower incomes.
- Russia and Ukraine sign UN-backed deal to resume grain exports via the Black Seaon 22/07/2022 at 2:22 pm
The deal is significant for global food supplies, but also as it's the first major agreement between the two sides since Moscow launched it's unprovoked onslaught on Feb. 24.
- Hyundai subsidiary has used child labor at Alabama factoryon 22/07/2022 at 2:22 pm
- Snap shares dive 39% following poor earnings reporton 22/07/2022 at 1:42 pm
Shares of Snap fell 39% on Friday, a day after the company reported disappointing second-quarter results.
- European Central Bank action faces stiff early test as economy teeters on the brink of recessionon 22/07/2022 at 1:41 pm
The European Central Bank toughened its anti-inflationary stance with a 50 basis point hike to interest rates on Thursday and announced a new anti-fragmentation tool.
- Here's what Cadillac's new $300,000 electric sedan will look likeon 22/07/2022 at 1:00 pm
The Celestiq marks a pivot for Cadillac into hand-built vehicles, which are typically reserved for high-end sports cars and uber-luxury models.
- Verizon shares fall after company cuts full-year forecaston 22/07/2022 at 12:44 pm
Verizon shares fell nearly 5% after the company released its second-quarter earnings report.
- Twitter misses earnings expectations, partially blames revenue drop on Elon Musk takeover bidon 22/07/2022 at 12:20 pm
Twitter blamed the revenue miss on ad industry headwinds and "uncertainty" tied to the pending acquisition of the company by Elon Musk.
- Russia slashes key interest rate by 150 basis points in shock moveon 22/07/2022 at 12:12 pm
The cut takes Russia's key interest rate to 8%. Analysts had expected a rate reduction of 50 basis points, according to a Reuters poll.
- CEOs say they are raising prices, cutting costs as inflation dominates post-earnings conversationson 22/07/2022 at 10:57 am
Most company leaders say they've managed to navigate difficult times spurred by inflationary pressures at their highest level in more than 40 years.