CNBC News

The battle between the governor of Puerto Rico and the federally appointed oversight board over the beleaguered island’s fiscal plan hit a new level on Wednesday evening, as Governor Ricardo Rossello gave an impassioned televised address to publicly deny many of the board’s requirements. “As part of the evaluation process […]

CNBC’s Jim Cramer noticed some countervailing forces in Wednesday’s tape as stocks tapered their technology-led declines. As stocks fell on news that President Donald Trump may go after e-commerce giant Amazon for its tax treatment, Cramer turned to some historically safe sectors to see if they were withstanding the pain. […]

Walmart has recently begun to take a stance in certain social issues such as religious freedom laws, raising the minimum wage, and raising the minimum age for gun purchases which has shifted Democrat’s perception of the retailer from negative to positive. The retailer giant “spent more than $2 million influencing […]

Even UnitedHealth Group’s CEO, David Wichmann, acknowledges that the health-care juggernaut might not always have faster growth than that of the United States’ gross domestic product. “If you look forward to the future, call it seven, eight, nine, 10 years out, I think you’re going to see the real strong […]

Tesla’s bond yields blew out to record highs Wednesday on the electric car maker’s own set of problems, but analysts say it highlights signs of worry that have been creeping across markets. Analysts pointed to the explosion of volatility in stocks, where the Nasdaq has had 2 percent moves in […]

Cryptocurrency startup Ripple donated $29 million of its own digital currency XRP to support U.S. public schools, the company announced Wednesday. The donation, which Ripple said is the largest-ever cryptocurrency gift to a single charity, fulfilled thousands of requests from public school teachers on the crowdfunding site DonorsChoose.org. The money […]

Electronic signature software company DocuSign on Wednesday filed paperwork to go public on the Nasdaq under the symbol DOCU, showing revenue growth of more than 50% from 2016 to 2017 while decreasing losses. DocuSign’s technology is integrated in applications from companies like Google, Oracle, Salesforce and SAP. The company’s primary […]

SoftBank CEO Masayoshi Son’s plan to take over Silicon Valley and the global world of technology is starting to take form. The $100 billion Vision Fund will invest in another 30 companies over the next two years, adding to the 30 it has already invested in over the last year […]

Thanks to skyrocketing costs, student debt is more of a burden for millennials than it was for any previous generation just starting out. Prices for health care, child care and real estate pose more of a problem. And that’s not all: According to a new analysis from Rent Cafe, the […]

The co-founder of Uber’s self-driving truck unit, Lior Ron, is leaving the company, according to personal familiar with the matter. The company last week suspended its autonomous driving tests in all cities after a fatal collision in Arizona. The governor of Arizona Monday blocked Uber’s ability to resume testing in […]