CNBC News

Department store chain Sears Holding Corp and Delta Air Lines Inc said on Wednesday some of their customer payment information may have been exposed in a cybersecurity breach at software service provider [ 24]7.ai. Sears said it was notified of the incident in mid-March and the incident led to unauthorized […]

U.S. President Donald Trump’s tariffs on China could backfire and hurt U.S. consumers and companies instead, with over 2.5 million U.S. jobs relying on trade between the world’s top two economies, the chairman of the American Chamber of Commerce in China said. Furthermore, trade with China brought $600 billion to […]

Google said Thursday that it would boost security in YouTube offices globally following the shooting at the video platform’s headquarters earlier this week. On Tuesday, Nasim Najafi Aghdam shot at least three people before dying from a self-inflicted gun shot wound. Google, which owns YouTube, put out a statement on […]

Australia’s Privacy Commissioner said on Thursday she had opened a formal investigation into social media giant Facebook after the company confirmed data from 300,000 Australian users may have been used without authorization. The investigation will consider whether Facebook has breached Australia’s privacy laws, Privacy Commissioner Angelene Falk said in a […]

Japanese Prime Minister Shinzo Abe’s government faced criticism on Thursday, after his defense minister said the army last year found activity logs from a controversial 2004 to 2006 deployment to Iraq, but had failed to report them to his predecessor. The affair comes amid signs that declines in support for […]

Republicans are drafting legislation to make permanent the reductions to individual tax rates and a provision that allows businesses to fully deduct expenses immediately, according to two people briefed on the discussions. The goal would be for the House of Representatives to vote on the bill April 17, the deadline […]

Fears of an expanded trade war with China are spreading across the farm economy after Beijing announced Wednesday it might slap a 25 percent tariff on everything from American soybeans and corn to beef. Affected agricultural products also include U.S. cotton, tobacco, sorghum and orange juice, among others. However, China’s […]

Asia Pacific markets gained on Thursday, following Wall Street’s rebound after U.S. stocks initially dropped on additional tariffs unveiled by China. Japan’s Nikkei 225 advanced 0.73 percent and the Topix gained 0.41 percent, with banks notching gains and technology mixed. Meanwhile, the Kospi tacked on 0.54 percent as the tech […]

Beijing’s decision to target U.S. soybeans in its new tariffs is a political maneuver designed to hit President Donald Trump’s support base, according to Jim Sutter, CEO of the U.S. Soybean Export Council. The world’s second-largest economy, announced on Wednesday a 25 percent levy on $50 billion in U.S. imports, […]

Futures tipped a higher open for Asia Pacific markets on Thursday following Wall Street’s rebound after initially dropping on additional tariffs announced by China. The Dow Jones industrial average rose 0.96 percent, or 230.94 points, to close at 24,264.30 — a bounce of more than 700 points from its session […]