The House will start an impeachment inquiry into President Donald Trump as a swell of Democrats denounce the president over alleged abuses of power, House Speaker Nancy Pelosi said Tuesday. Gathering pressure finally broke through the speaker’s reluctance to start impeachment proceedings amid concerns about the president’s efforts to push […]
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Investor and Democratic megadonor Alan Patricof decides to back Joe Biden for president
Joe Biden, former U.S. vice president and Democratic presidential hopeful, smiles while signing autographs at the Polk County Democrats’ Steak Fry in Des Moines, Iowa, September 21, 2019. Elijah Nouvelage | Reuters Democratic megadonor and longtime investor Alan Patricof has decided to back former Vice President Joe Biden’s 2020 campaign […]
Bitcoin crashes 15% to below $8,000 for first time since June
Omar Marques | LightRocket | Getty Images Bitcoin plunged to its lowest level since June on Tuesday. The world’s most popular cryptocurrency fell as much as 15% to a low of $7,944.33, according to industry site CoinDesk. That marks bitcoin‘s lowest level in four months, and first time below $8,000 […]
Film company founded by Trump nominee Michael Pack profited off deal with think tank he ran
Michael Pack Source: US Senate A film company founded by President Donald Trump’s nominee to run a federal media agency signed a commercial fundraising contract with the Claremont Institute, a nonprofit conservative think tank. The catch is that Trump’s choice to be CEO of the agency was Claremont’s president when […]
WeWork’s new co-CEOs have experience at tech giants like Amazon and AOL
Artie Minson, president and chief operating officer of WeWork, speaks during the annual Milken Institute Global Conference in Beverly Hills, May 4, 2016. Patrick T. Fallon | Bloomberg | Getty Images After a brutal six weeks of scrutiny following the release of WeWork’s IPO prospectus, the co-working space provider announced […]
Massachusetts bans sale of vaping products for 4 months as mystery illness spreads
File photo of vaping Kai Pfaffenbach | Reuters Massachusetts on Tuesday imposed a four-month ban on sales of all vaping products, amid what officials called a national public health emergency that so far has been linked to nine deaths. The state will block all sales of e-cigarettes and supplies, both […]
Pelosi says she will make an announcement after Democrats discuss impeachment
House Speaker Nancy Pelosi (D-CA) waits to speak at a labor rally held by the AFL-CIO for government employees outside the U.S. Capitol September 24, 2019 in Washington, DC. Will McNamee | Getty Images House Speaker Nancy Pelosi said that she will make an announcement Tuesday after a leadership meeting, […]
Update your iPhone now to fix all the bugs from last week’s big update
iOS 13 Todd Haselton | CNBC Apple on Tuesday released iOS 13.1, the first update to iOS 13, which was released last week with tons of new features and a few bugs. If you were waiting to update your iPhone to iOS 13, it’s now safe to update. IOS 13.1 […]
When Netflix shares drop by this much, this fast, the next move is usually higher
The only price dropping as fast as new streaming subscription deals from Disney and Apple is the stock price of streaming giant Netflix. But there’s reason to believe the next trading move in Netflix could be a short-term rally, according to a CNBC analysis of hedge fund analytics tool Kensho. […]
Stocks making the biggest moves midday: Tesla, Netflix, BlackBerry and more
Tesla CEO Elon Musk views the new Tesla Model Y at its unveiling in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images Check out the companies making headlines in midday trading: Netflix — Netflix fell more than 3% after two more Wall Street analysts joined […]