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United States

China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit

by Anas Siddiqui
China’s EV sector a live wire for US, with war of words over excess capacity casting shadow over Janet Yellen visit

United States Treasury Secretary Janet Yellen is expected to consult American companies on China’s industrial overcapacity, particularly in solar power and electric vehicles (EVs), at a planned meeting during her …

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Walgreens (WBA) earnings Q2 2024

by Anas Siddiqui
Walgreens (WBA) earnings Q2 2024

A person rides past a Walgreens truck, owned by the Walgreens Boots Alliance, Inc., in Manhattan, New York City, U.S., November 26, 2021.  Andrew Kelly | Reuters Walgreens on Thursday …

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TikTok makes ad buy as Senate reviews bill that could ban app

by Vera Ward
TikTok makes ad buy as Senate reviews bill that could ban app

C Michael M. Santiago | Getty Images TikTok has launched a $2.1 million advertising campaign with a clear message for senators in tough reelection fights this year: Block the House …

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US urges allies to ban companies from servicing key chip-making tools for China

by Walter Watson
US urges allies to ban companies from servicing key chip-making tools for China

The United States is asking allies to stop domestic companies from servicing certain chip-making tools for Chinese customers, a US commerce department official said on Wednesday, as it ramps up …

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A key inflation gauge in focus

by Walter Watson
A key inflation gauge in focus

Prices are displayed in a grocery store on February 01, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images This report is from today’s CNBC Daily …

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Ex-US Senator Joe Lieberman, Democrats’ pick for vice-president in 2000, dies at 82

by Walter Watson
Ex-US Senator Joe Lieberman, Democrats’ pick for vice-president in 2000, dies at 82

Joe Lieberman, who made history as the first Jewish vice-presidential candidate for a major US party and lately returned to the spotlight as a leader of a push for a …

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In Baltimore bridge collapse, shippers left on hook for cargo pickup

by Ron Morgan
In Baltimore bridge collapse, shippers left on hook for cargo pickup

Ocean carriers are declaring “force majeure” due to the Baltimore port bridge crisis, telling logistics companies and U.S. shippers including retailers that once cargo is dropped off at alternate ports, …

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China’s solar, EV surplus could be dumped on global markets

by Horatio Thompson
China’s solar, EV surplus could be dumped on global markets

U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill …

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stocks, news, data and earnings

by Walter Watson
stocks, news, data and earnings

S4 Capital shares fall 8% on revenue warning Shares of digital marketing agency S4 Capital slipped 15% before paring losses slightly after warning of a further fall in revenues this …

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Feds sue to seize New York apartments in alleged Mongolia scheme

by Vera Ward
Feds sue to seize New York apartments in alleged Mongolia scheme

Batbold Sukhbaatar of Mongolia addresses the Millennium Development Goals Summit at the United Nations headquarters in New York, September 22, 2010. Emmanuel Dunand | AFP | Getty Images Federal prosecutors …

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