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Mitch McConnell blasts Trump's Syria withdrawal as 'a strategic nightmare'


Created: Fri, 18 Oct 2019 21:27 GMT

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The White House said Turkey would move into northern Syria, where U.S.-backed Kurdish forces had been fighting ISIS, and ordered U.S. troops to pull out.

Read more: Mitch McConnell blasts Trump's Syria withdrawal as 'a strategic nightmare'


Mark Zuckerberg says Facebook's top priority is setting up FTC-mandated privacy program


Created: Fri, 18 Oct 2019 21:20 GMT

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Mark Zuckerberg said Facebook plans to implement a new privacy program that was mandated after the company's $5 billion settlement with the FTC in July.

Read more: Mark Zuckerberg says Facebook's top priority is setting up FTC-mandated privacy program


Trump nominates Rick Perry deputy and former lobbyist Dan Brouillette to be Energy secretary


Created: Fri, 18 Oct 2019 19:53 GMT

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Departing Energy Secretary Rick Perry will step down at the end of the year, Trump said at a rally in Dallas on Thursday night.

Read more: Trump nominates Rick Perry deputy and former lobbyist Dan Brouillette to be Energy secretary


Tech leaders pay tribute to Oracle's Mark Hurd, who died on Friday


Created: Fri, 18 Oct 2019 19:25 GMT

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Hurd became one of the top executives in the technology industry when he was chosen to lead HP, and he went on to become one of Oracle's top two leaders.

Read more: Tech leaders pay tribute to Oracle's Mark Hurd, who died on Friday


One-time bond king Bill Gross is back, and now he's picking stocks


Created: Fri, 18 Oct 2019 19:20 GMT

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Gross offered a buffet of investing choices: Annaly Capital, Invesco and Allergan to name three.

Read more: One-time bond king Bill Gross is back, and now he's picking stocks


Supreme Court will hear challenge to Consumer Financial Protection Bureau


Created: Fri, 18 Oct 2019 18:58 GMT

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A decision in the case is likely by the end of June, meaning that the fate of the regulator will be announced in the middle of the 2020 presidential campaign.

Read more: Supreme Court will hear challenge to Consumer Financial Protection Bureau


Civil rights groups slam RNC for 'fraudulent' census mailers to Montana residents


Created: Fri, 18 Oct 2019 17:57 GMT

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The RNC sent the forms to addresses in Bozeman, Montana, and informed recipients that "Your Participation is Urgently Needed," with instructions such as "Do Not Destroy Official Document," and "return your Census Document," NBC News reports.

Read more: Civil rights groups slam RNC for 'fraudulent' census mailers to Montana residents


Dems call Trump's Doral G-7 pick 'outrageous' — GOP senator says it shows 'tremendous integrity'


Created: Fri, 18 Oct 2019 16:55 GMT

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White House acting chief of staff Mick Mulvaney on Thursday revealed that the Trump National Doral Miami would be the site of next June's G-7 summit. Mulvaney said the resort was clearly the best choice.

Read more: Dems call Trump's Doral G-7 pick 'outrageous' — GOP senator says it shows 'tremendous integrity'


Chick-fil-A's first UK location will close after pressure from LGBTQ rights group


Created: Fri, 18 Oct 2019 16:55 GMT

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The British shopping center leasing Chick-fil-A's first U.K. location has already said it will not extend the restaurant's six-month lease, BBC reported Friday.

Read more: Chick-fil-A's first UK location will close after pressure from LGBTQ rights group


Five states, including some crucial to Trump, just hit all-time low unemployment rates


Created: Fri, 18 Oct 2019 16:52 GMT

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Alabama, California, Illinois, New Jersey and South Carolina set news bottoms according to data that goes back to 1976.

Read more: Five states, including some crucial to Trump, just hit all-time low unemployment rates


Boeing pilot warned of 737 Max software tied to crashes, told regulators to delete it from manuals


Created: Fri, 18 Oct 2019 16:23 GMT

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Boeing shares fell nearly 7% after the news broke, dragging down the Dow Jones Industrial Average.

Read more: Boeing pilot warned of 737 Max software tied to crashes, told regulators to delete it from manuals


Stocks making the biggest moves midday: Johnson & Johnson, Coca-Cola, L Brands & more


Created: Fri, 18 Oct 2019 16:05 GMT

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Check out the companies making headlines in midday trading.

Read more: Stocks making the biggest moves midday: Johnson & Johnson, Coca-Cola, L Brands & more


Mark Hurd, co-CEO of Oracle, dies at 62


Created: Fri, 18 Oct 2019 15:58 GMT

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Hurd had taken a leave of absence from Oracle last month because of unspecified health reasons.

Read more: Mark Hurd, co-CEO of Oracle, dies at 62


Clarida reiterates that the Fed is not locked into a set interest rate path


Created: Fri, 18 Oct 2019 15:30 GMT

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"Looking ahead, monetary policy is not on a preset course, and the Committee will proceed on a meeting-by-meeting basis," he said.

Read more: Clarida reiterates that the Fed is not locked into a set interest rate path


Coca-Cola CEO: UK consumer sentiment will lift if Brexit deal passes


Created: Fri, 18 Oct 2019 14:45 GMT

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Coca-Cola CEO James Quincey said that if U.K. lawmakers passes a Brexit deal, consumer sentiment will improve.

Read more: Coca-Cola CEO: UK consumer sentiment will lift if Brexit deal passes


Barneys could launch more stores inside Saks in Authentic Brands deal


Created: Fri, 18 Oct 2019 14:36 GMT

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Authentic Brands, the licensing company that owns Aeropostale and Juicy Couture, has bid $271 million to buy Barneys out of bankruptcy.

Read more: Barneys could launch more stores inside Saks in Authentic Brands deal


Rick Perry says he's not sure he'll comply with subpoena in impeachment inquiry


Created: Fri, 18 Oct 2019 14:35 GMT

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Perry faces a Friday deadline to hand over a slew of Ukraine-related documents to the House Intelligence, Oversight and Foreign Affairs committees.

Read more: Rick Perry says he's not sure he'll comply with subpoena in impeachment inquiry


Warren slams Zuckerberg's speech, saying Facebook's political ad policy could help Trump win again


Created: Fri, 18 Oct 2019 12:52 GMT

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The attack follows a speech the Facebook CEO gave at Georgetown University explaining his philosophy on free speech on the platform.

Read more: Warren slams Zuckerberg's speech, saying Facebook's political ad policy could help Trump win again


Samsung admits to major security flaw in its phones that lets anyone bypass fingerprint sensors


Created: Fri, 18 Oct 2019 12:33 GMT

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Samsung warns Galaxy S10 and Galaxy Note 10 users about a security flaw and says a fix is coming soon.

Read more: Samsung admits to major security flaw in its phones that lets anyone bypass fingerprint sensors


Bud Light brewer Anheuser-Busch accuses MillerCoors of stealing its beer recipes


Created: Fri, 18 Oct 2019 12:29 GMT

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Anheuser-Busch is accusing its rival of stealing secret recipes for its beers, including Michelob Ultra and Bud Light.

Read more: Bud Light brewer Anheuser-Busch accuses MillerCoors of stealing its beer recipes


Stocks making the biggest moves premarket: American Express, Coca-Cola, E*Trade & more


Created: Fri, 18 Oct 2019 11:52 GMT

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Names on the move ahead of the open.

Read more: Stocks making the biggest moves premarket: American Express, Coca-Cola, E*Trade & more


Coca-Cola says strong sales of Coke Zero Sugar are driving revenue growth


Created: Fri, 18 Oct 2019 10:42 GMT

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Coca-Cola's quarterly revenues top analysts' expectations, earnings are in line with projections.

Read more: Coca-Cola says strong sales of Coke Zero Sugar are driving revenue growth


Treasury yields slip as investors digest China data, Brexit developments


Created: Fri, 18 Oct 2019 07:41 GMT

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U.S. government debt yields held steady Friday as investors digested Chinese data and new Brexit developments.

Read more: Treasury yields slip as investors digest China data, Brexit developments


Dow drops more than 250 points to end the week as Boeing and J&J plunge


Created: Fri, 18 Oct 2019 06:30 GMT

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The broader market was also pressured by a decline in Netflix shares that led other Big Tech stocks lower.

Read more: Dow drops more than 250 points to end the week as Boeing and J&J plunge


Key House committee passes Speaker Nancy Pelosi's sweeping drug pricing bill


Created: Fri, 18 Oct 2019 00:00 GMT

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Republican members on the committee expressed concerns with the legislation, particularly that it would discourage innovation for new medicines in the pharmaceutical industry.

Read more: Key House committee passes Speaker Nancy Pelosi's sweeping drug pricing bill


Aerial video shows SpaceX beginning construction of another Starship rocket in Florida


Created: Thu, 17 Oct 2019 23:13 GMT

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SpaceX now has three of its next-generation Starship rockets under construction, CNBC has learned.

Read more: Aerial video shows SpaceX beginning construction of another Starship rocket in Florida


Apple CEO Tim Cook calls on the Senate to pass immigration reform


Created: Thu, 17 Oct 2019 23:03 GMT

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Immigrants make this country stronger and our economy more dynamic. As a first step toward needed comprehensive reform, I urge the Senate to move quickly to pass the Fairness for High-Skilled Immigrants Act," Cook tweeted. "

Read more: Apple CEO Tim Cook calls on the Senate to pass immigration reform


GM workers will remain on strike while voting on UAW's four-year contract proposal


Created: Thu, 17 Oct 2019 21:04 GMT

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The decision about the monthlong strike was announced as local union leaders approved the tentative deal between the union and GM that was announced Wednesday.

Read more: GM workers will remain on strike while voting on UAW's four-year contract proposal


Prosecutors say probe is 'ongoing' after co-defendants of Giuliani associates plead not guilty


Created: Thu, 17 Oct 2019 20:53 GMT

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Federal prosecutors reportedly are eyeing Rudy Giuliani's relationship with the two defendants in the case — his clients and associates Igor Fruman and Lev Parnas. Giuliani is President Donald Trump's personal lawyer.

Read more: Prosecutors say probe is 'ongoing' after co-defendants of Giuliani associates plead not guilty


Trump says Energy Secretary Rick Perry will step down at the end of the year


Created: Thu, 17 Oct 2019 20:29 GMT

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Energy Secretary Rick Perry told President Donald Trump on Thursday that he intends to leave his post.

Read more: Trump says Energy Secretary Rick Perry will step down at the end of the year

 
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