CNBC News

Pennsylvania’s top court on Monday unveiled a new map carving out the state’s U.S. congressional voting districts, imposing a plan it said was based on “traditional criteria” after rejecting a proposal drawn up by Republican lawmakers as unconstitutional. The state Supreme Court had ruled that the Republican plan effectively marginalized […]

Facebook‘s efforts to prevent foreign entities from influencing U.S. elections are a “step in the right direction,” the social network co-founder, Chris Hughes, told CNBC on Tuesday. The social network announced over the weekend that it would send postcards to potential buyers of political ads to confirm they reside in […]

Amazon has narrowed the potential host cities for its second headquarters, known as HQ2, down to 20 metro areas that match many of its stated requirements. But there’s another way to look at the finalists: More than half of the 20 cities are in states that lack nondiscrimination laws. Eleven […]

Small-business confidence is surging in 2018 as optimism rises among small-business owners about the newly enacted tax-reform package, according to the latest CNBC/SurveyMonkey Small Business Survey, released Tuesday. The CNBC/SurveyMonkey Q1 Small Business Confidence Index saw an increase of five points, from 57 to 62, a record high and the […]

Home Depot on Tuesday reported fourth-quarter earnings and sales that topped Wall Street’s expectations, as more shoppers flocked to its stores and rung up bigger tickets. Here’s what the company reported compared with what analysts were expecting, based on a Thomson Reuters survey: Earnings per share: $1.69, adjusted, compared with […]

Walmart on Tuesday reported earnings that missed analysts’ expectations for the holiday period, though revenue and same-store sales came in better than expected. Shares of the big-box retailer fell more than 3 percent in premarket trading following the announcement. Here’s how Walmart did compared with what Wall Street was expecting, […]

Venezuela launches a new oil-backed digital currency Tuesday, in a move the government hopes will help pull the country out of a deepening economic crisis. The launch of the bitcoin-esque cryptocurrency, called the petro, is viewed by many onlookers as a somewhat desperate attempt to secure cash amid an unprecedented […]

Sony announced partnerships with several taxi firms to start a ride-hailing service in Japan on Tuesday. Hours later, Uber’s CEO Dara Khosrowshahi signaled his company’s intention to expand further into the country. Sony’s ride-hailing service will be based on its artificial intelligence (AI) technology, the company said in a press […]

Amazon is offering Prime members who use its Visa rewards card 5 percent cash back when they shop at Whole Foods, the company said Tuesday. The U.S. e-commerce giant launched the the Amazon Rewards Visa Card last year. Prime members in the U.S., who pay $99 a year for a […]

Heavy tariffs and quotas on steel will hurt China, but other countries may well bear the brunt of such measures. “The fact is that China does export a lot of steel and aluminum to the United States, but frankly, Canada, Brazil, Mexico, other countries import more steel than does China,” […]