Salesforce CEO Marc Benioff apologized on Friday for making comments in support of President Donald Trump potentially sending federal troops to San Francisco, where his company is based. “Having listened closely to my fellow San Franciscans and our local officials, and after the largest and safest Dreamforce in our history, I do not believe the…
The U.S. Army Corps of Engineers will immediately pause, and consider canceling, over $11 billion in projects due to the government shutdown, Trump administration budget chief Russell Vought said Friday. “The Democrat shutdown has drained the Army Corps of Engineers’ ability to manage billions of dollars in projects,” Vought, the director of the White House…
Zoom In IconArrows pointing outwards Kremlin envoy proposes ‘Putin-Trump tunnel’ to link Russia and U.S. Reuters President Donald Trump said Friday that a Russian proposal for Elon Musk and his tunneling business, the Boring Company, to build an undersea rail tunnel through the Bering Strait was “interesting” and he’d have to think about it. “That’s…
A sign is posted in front of a Genentech office on June 12, 2025 in South San Francisco, California. Justin Sullivan | Getty Images Roche‘s Genentech on Thursday said it will sell its flu pill, Xofluza, directly to certain patients at a discount in a bid to expand access, becoming the latest company to wade…
Americans’ views on the economy turned more negative in the third quarter with deepening concerns about jobs, inflation and the outlook, according to the CNBC All-America Economic Survey. Together with blame for the shutdown aimed at the president and congressional Republicans, those views dragged down President Donald Trump‘s net approval rating on the economy to…
Treasury Secretary Scott Bessent will speak by phone on Friday with Chinese Vice Premier He Lifeng to discuss the ongoing trade negotiations between the United States and China, a senior Trump administration official told CNBC’s Eamon Javers. Additional details about the call, including the specific time it would take place or the next steps to…
President Donald Trump listens during a Cabinet meeting at the White House on April 30, 2025 in Washington, DC. Andrew Harnik | Getty Images Viresh Varma can’t sleep. The CEO of AV Universal Corp., a small footwear company that sells through retailers like Macy’s, Nordstrom and DSW, said he needed to take out a $250,000…
Russian President Vladimir Putin and U.S. President Donald Trump. Mikhail Metzel | Evelyn Hockstein | Via Reuters President Donald Trump said that he and Russian President Vladimir Putin agreed during a lengthy phone call on Thursday to meet in Budapest, Hungary, to discuss how to end Russia’s war in Ukraine. Trump also said that Secretary…
Russian President Vladimir Putin watches with binoculars the Tsentr-2019 military exercise at the Donguz range near Orenburg city on September 20, 2019. Alexey Nikolsky | Afp | Getty Images Russia was an indirect beneficiary of the war in Gaza in that it distracted the U.S. and other Western countries from its ongoing war in Ukraine….
European markets traded firmly in the red on Friday morning as concerns over the banking sector reached the region. The Pan-European Stoxx 600 was 1.5% lower at 8:26 a.m. in London (3:26 a.m. ET), with all major indexes and sectors in negative territory. The U.K.’s FTSE index was 1.5% lower, France’s CAC 40 was down…
