An electric car at a charging station in the Norwegian capital of Oslo on Sept. 25, 2024. Jonathan Nackstrand | Afp | Getty Images OSLO, Norway — Tesla continues to find solace in Norway, defying a sustained European slump amid a backlash over CEO Elon Musk‘s incendiary political rhetoric. The U.S. electric vehicle maker recorded…
Shelf of pharmaceutical products. D3sign | Moment | Getty Images The pharmaceutical industry is scrambling with scenario planning as U.S. President Donald Trump’s 200% tariff proposal threatens to drive up drug prices and rip out corporate profit margins. The president once again warned on Tuesday that long-awaited industry-wide tariffs would be announced “very soon” after…
The Hofburg palace receives attendees to the July 9-10 OPEC Seminar conference in Vienna. Ruxandra Iordache | CNBC For centuries, Vienna’s romantic Hofburg palace served as a winter residence of the imperial Habsburg dynasty — this week, though, it welcomed Saudi royalty, energy ministers, top CEOs and a slew of analysts traders and more. Here are some highlights: The…
Tough talk on tariffs, reports of border detentions and unfavorable exchange rates are putting some travelers, especially Canadians, off trips to the United States this year. But those in Asia say they’re avoiding trips to the U.S. for different reasons. Nearly 80% of Southeast Asian travelers said the United States is losing appeal as a…
U.S. President Donald Trump and Canada’s Prime Minister Mark Carney talk during a family photo at the G7 Summit in Kananaskis, Alberta, Canada, June 16, 2025. Amber Bracken | Reuters U.S. President Donald Trump on Thursday announced a 35% tariff on Canadian imports, starting Aug. 1, citing that Ottawa had retaliated with tariffs against Washington….
United States President Donald Trump speaks to the Press before departs at the White House to Alligator Alcatraz, Florida on July 1, 2025, in Washington DC. Celal Gunes | Anadolu | Getty Images President Donald Trump‘s politically charged new tariff threat — a blanket 50% duty on imports from Brazil — stretches an interpretation of…
In a Thursday interview with CNBC’s Jim Cramer, Levi Strauss CEO Michelle Gass reviewed the apparel maker’s most recent quarter and explained that strong business abroad helps shield the company from the effects of new U.S. tariffs. “We are competitively positioned better than most as it relates to tariffs,” Gass said. “Number one, 60% of…
X Corp’s CEO Linda Yaccarino looks on during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Ex-X CEO Linda Yaccarino is still @lindayaX on the social media site, but she lost the blue checkmark next to her account name….
Statue of George Mason on campus of George Mason University, Fairfax, Virginia. Robert Knopes | UCG | Universal Images Group | Getty Images The Department of Education said Thursday that it has opened an investigation into George Mason University’s hiring and promotion practices, the second federal probe of the Fairfax, Virginia, school launched in the…
CNBC spotted a Tesla robotaxi in Austin, Texas, on June 24, 2025 Katie Tarasov Elon Musk’s Tesla has applied to test and eventually deploy its Robotaxi vehicles in Phoenix, Arizona, following in the footsteps of market leader Waymo. Tesla has applied to conduct autonomous vehicle testing and operations, with and without human safety drivers on…
