Business News

  • Judge orders search of new Clinton emails for release by September 13

    (Reuters) - A U.S. judge ordered the State Department on Thursday to release by Sept. 13 any emails it finds between Hillary Clinton and the White House from the week of the 2012 attack in Benghazi, Libya, among the thousands of additional emails uncovered by federal investigators. The order came…

  • Uber lost at least $1.27 billion in first half of 2016: Bloomberg

    (Reuters) - Ride-hailing giant Uber Technologies Inc [UBER.UL] lost at least $1.27 billion before interest, taxes, depreciation and amortization in the first six months of 2016, Bloomberg reported on Thursday, citing people familiar with the matter. The subsidies Uber grants its drivers was the…

  • Sears' second quarter was absolutely disturbing

    Sears just delivered another horrific quarter.

    The Street
  • 5 Stocks With Rising Dividends for 50 Years in a Row

    These five dividend stocks have delivered at least 50 consecutive years of dividend hikes.
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    Natural gas inventories up 11 billion cubic feet

    CNBC's Jackie DeAngelis reports the latest on the Department of Energy and natural gas inventories.

    CNBC Videos
  • August U.S. auto sales seen down 5.2 percent; 2015 was peak: forecasters

    August U.S. auto sales will be 5.2 percent below a year ago, adding to evidence that the peak of industry sales was in 2015, consultancies J.D. Power and LMC Automotive said on Thursday. "With mixed economic signals, it certainly looks like U.S. auto sales may have peaked in 2015," said Jeff…

  • Shares of Teva Pharmaceuticals fall after US Patent Office invalidates two patents

    Shares of Teva Pharmaceuticals fell as much as 6 percent on Wednesday after the U.S. Patent Office invalidated two of the company's patents.
  • 5 Dividend Stocks to Consider Selling Now

    Thinkstock With interest rates in the basement and likely to stay there for some time, investors have, for good reason, flocked to dividend-paying stocks. But demand has pushed up the prices of many popular ...

  • Aceto posts 4Q profit

    The Port Washington, New York-based company said it had net income of 23 cents per share. Earnings, adjusted for one-time gains and costs, were 35 cents per share. The chemical company posted revenue of ...

    Associated Press
  • Judge rejects doctors' lawsuit against Quackwatch website

    NEW YORK (AP) — A lawsuit brought by two pioneers in the anti-aging movement who said an online article about them suggests they're quacks has been tossed out by a judge.

    Associated Press
  • More than 20 global fintech hubs to form federation in innovation push

    By Jemima Kelly LONDON (Reuters) - Financial technology groups from more than 20 cities across the world plan to form a federation of 'fintech' hubs this year in what would be the first attempt to coordinate and globalise web-based innovation transforming the financial industry. Fintech is under…

  • GM cleared in second U.S. verdict over crash blamed on ignition switch

    A Texas jury said on Thursday a General Motors Co ignition switch, linked to nearly 400 injuries and deaths, was not to blame for a fatal 2011 crash, according to a company statement. The verdict in Harris County, Texas, was the second in favor of GM this year in lawsuits over the now recalled…

  • Regulators to dig deeper into worries over money-laundering checks

    Global regulators will try to get more insight into why major banks are withdrawing from handling cross-border payments, making it harder for people to send money to relatives and loved-ones abroad. Banks say it has become more costly to comply with tougher customer checks against money-laundering…

  • Vivendi keeps negotiating with Mediaset despite public spat: sources

    PARIS/MILAN (Reuters) - French media giant Vivendi and Italian broadcaster Mediaset are negotiating behind closed doors to forge an alternative partnership despite an ongoing war of words over a disputed pay-tv deal, three sources close to the matter told Reuters. Vivendi, led by billionaire…

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    Oil falls on API inventory build

    CNBC's Jackie DeAngelis is at the NYMEX reporting the latest in crude oil prices, and what can impact gas inventories.

    CNBC Videos
  • HP Inc beats estimates, weak printer demand weighs on forecast

    By Aishwarya Venugopal (Reuters) - HP Inc, the hardware business of the former Hewlett-Packard Co, reported higher-than-expected quarterly revenue and profit as demand recovered for its notebooks. However, ...

  • Playtech to seek more deals; makes special payout

    The company said it would pay 46 euro cents per share as special dividend on Dec. 6, which would come from its cash pile that stood at 777.6 million euros as of June 30. Playtech, which provides software for sports betting and online casino and poker games, bought rival operator Best Gaming…

  • GameStop beats 2Q profit forecasts

    On a per-share basis, the Grapevine, Texas-based company said it had net income of 27 cents. The results exceeded Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment ...

    Associated Press