CNBC News

World-renowned singer, songwriter and performer Neil Diamond has announced his retirement from touring after being diagnosed with Parkinson’s disease. Acting on medical advice, Diamond cancelled the upcoming Australia and New Zealand legs of his 50th Anniversary tour, which were set to commence in March. Parkinson’s disease is a long-term degenerative […]

The Bank of Japan announced Tuesday it was keeping its monetary policy steady, a move that was in line with market expectations. In a statement released following the conclusion of its two-day meeting, the BOJ said it would keep the short-term policy rate unchanged at negative 0.1 percent and the […]

The governor of Puerto Rico announced Monday his intentions to privatize the island’s beleaguered power utility. The announcement comes just two days before the bankrupt Puerto Rico Electric Power Authority, or “PREPA,” is due to submit a revised fiscal plan following the destruction of Hurricane Maria. The nearly category 5 […]

South Korea will ban the use of anonymous bank accounts in cryptocurrency trading from Jan. 30, the nation’s financial regulator said on Tuesday. Local cryptocurrency traders will not be allowed to make deposits into their virtual coin exchange wallets unless the name on their bank account matches the account name […]

President Donald Trump has signed into law a bill that ends the government shutdown, and provides congressional negotiators with additional time to hammer out an immigration reform package capable of passing both the House and Senate. Hundreds of thousands of federal employees are expected to return to work on Tuesday […]

Facebook’s virtual reality division has come up with a new unit of time — called Flicks — to measure the speed of digital audio and video. In an online forum used by developers of open source software, the company described Flicks as “a unit of time, slightly larger than a […]

Samsung Electronics said on Tuesday a U.S. government decision to impose tariffs on washing machines was a great loss for American consumers and workers. “Everyone will pay more with fewer choices,” the South Korean company said in a statement. U.S. President Donald Trump has approved recommendations to impose safeguard tariffs […]

Netflix CEO Reed Hastings is playing it cool about pending competition from Disney‘s upcoming over-the-top video service. Hastings said that he plans to subscribe to Disney’s upcoming service, which would not only compete with Netflix, but could include a lot of content that Disney says it will pull from Netflix. […]

President Donald Trump started fresh immigration talks with senators on Monday as bipartisan lawmakers struck a deal to end the U.S. government shutdown that hinged largely on their ability to reach an immigration compromise. Trump “continued conversations on the next steps on responsible immigration reform” during a lunch with Republican […]

Republican Sen. Bill Cassidy told CNBC on Monday he believes an immigration deal will happen before the next government shutdown deadline in three weeks. The Senate passed a short-term compromise deal Monday to end the current shutdown, keeping the government funded through Feb. 8. Next, the measure will go to […]