Bloomberg | Bloomberg | Getty Images Amazon and the Federal Trade Commission are squaring off in a long-awaited trial over whether the company duped users into paying for Prime memberships. The lawsuit, filed by the FTC in June 2023 under the Biden administration, alleges that Amazon deceived tens of millions of customers into signing up…
Tom Brady. Mike Ehrmann | Getty Images Sport | Getty Images Tom Brady struck a partnership with robotic massage device maker Aescape to provide the company with exclusive rights to his recovery and longevity protocols, Aescape announced on Tuesday. As part of the deal Brady has been given the title of chief innovation officer for…
Edward Woodford, founder and CEO of crypto infrastructure firm zerohash. Courtesy: zerohash Crypto infrastructure startup Zerohash has raised $104 million in funding with backing from financial firms including Morgan Stanley and SoFi, CNBC has learned. The Series D round was led by Interactive Brokers, the global automated trading firm, and includes strategic investors who are…
U.S. President Donald Trump’s plans to place $100,000 fees on H-1B visa applications will disproportionately harm America’s startup space, founders and venture capitalists told CNBC this week. H-1B visas — which allow companies to temporarily hire foreign workers in skilled occupations such as IT, healthcare and engineering — were already difficult to secure for U.S. startups,…
Container backlog occurs at Longtan Port Container Terminal in Nanjing, Jiangsu Province, China, on September 21, 2025. (Photo by Costfoto/NurPhoto via Getty Images) Costfoto| Nurphoto | Getty Images The Organisation for Economic Co-operation and Development upgraded its global economic growth forecast on Tuesday, with many economies appearing more resilient than expected so far this year….
Burbo Bank, Liverpool Bay, England, viewed from the sea turbines on Burbo wind farm off the U.K. coast. Ucg | Universal Images Group | Getty Images Shares of Danish renewables giant Orsted jumped on Tuesday, after a U.S. judge ruled the embattled firm can resume construction of an offshore wind farm that was halted by…
Stocks listed in Europe looked set to open broadly higher on Tuesday, following a Wall Street rally that propelled all three major U.S. indexes to record highs. Futures tied to the Euro Stoxx 50 were last seen trading 0.1% higher. Those linked to the French CAC 40 and Germany’s DAX index were last up by…
U.S. Ambassador to China David Perdue speaks to reporters in Beijing on Sept. 23, 2025. CNBC | Evelyn Cheng BEIJING — A highly anticipated meeting between the U.S. and Chinese presidents is more likely to take place next year than this fall, U.S. Ambassador to China David Perdue said Tuesday. “We’re looking forward to getting…
U.S. Senate Minority Leader Charles Schumer (D-NY) and House Minority Leader Hakeem Jeffries (D-NY) speaks with the press on Capitol Hill on Thursday Sept. 11, 2025. Demetrius Freeman | The Washington Post | Getty Images President Donald Trump will meet with the two top Democrats in Congress sometime this week as the federal government heads…
The Supreme Court on Monday allowed President Donald Trump to remove Rebecca Slaughter as a member of the Federal Trade Commission, for now. Slaughter’s ouster will take effect while the justices consider whether to overturn decades-old court precedent that protects federal agency members from being fired by the president without sufficient cause. The court’s three…
