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Billionaire Wilbur Ross auditions before Congress

9 years 9 months ago

Wilbur Ross is likely to face tough questions during his Senate confirmation hearing about the muscular trade agenda President-elect Donald Trump hopes will resurrect U.S. manufacturing.

Trump adviser sells $12 billion hedge fund biz

CNN Money Markets

9 years 9 months ago

Anthony Scaramucci is cutting ties with hedge fund business SkyBridge Capital and the SALT Conference to join the Trump administration.

Trump trade talk sends dollar lower

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9 years 9 months ago

President-elect Donald Trump criticized the House GOP tax reform plan, which sent the dollar down against many major currencies.

Trump takes credit for saving Monsanto jobs, but ...

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9 years 9 months ago

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Exxon plays catch-up after missing U.S. shale oil boom

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9 years 9 months ago

ExxonMobil announced a $5.6 billion deal on Tuesday to purchase a slew of U.S. oil resources in the shale hotbed of the Permian Basin.

Saudi economy will barely grow this year, IMF says

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9 years 9 months ago

The IMF sharply cuts its forecast for the Saudi economy because of oil production cuts.

Tiffany has blue Christmas due to Trump Tower traffic

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9 years 9 months ago

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The euro cannot survive unless Europe changes

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9 years 9 months ago

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Rolls-Royce will pay over $800 million to settle bribery charges

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9 years 9 months ago

The British engineering giant faces allegations of bribery in the U.S., U.K. and Brazil.

South Korea's long history of light sentences for business leaders

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9 years 9 months ago

Samsung's heir apparent, Lee Jae-yong, is facing corruption charges. His father was convicted twice -- and pardoned twice.

Corona has a Trump-Mexico problem

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9 years 9 months ago

Shares of Corona distributor Constellation Brands have dropped 10% since the election due to concerns about how Trump's tax and immigration policies will impact the beer company.

Premarket: 7 things to know before the bell

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9 years 9 months ago

Here's what you need to know about the markets before you start your business day.

Tobacco giants join forces in $49 billion mega merger

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9 years 9 months ago

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Tech stocks soar as growth trumps Trump fears

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9 years 9 months ago

Tech's FANG stocks -- Facebook, Amazon, Netflix and Google owner Alphabet -- are surging. Investors seem more excited about Donald Trump's stimulus and tax plans than worried about protectionist talk. But are the stocks too hot?

IMF: Trump stimulus set to boost U.S. growth

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9 years 9 months ago

U.S. economic growth is set to get a lift from stimulus measures under Donald Trump's presidency, the International Monetary Fund predicts.

Trump inauguration; Time for Davos; Wilbur Ross confirmation

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9 years 9 months ago

The week ahead in stocks: Trump inauguration; Time for Davos; Wilbur Ross confirmation; Netflix earnings.

Ray-Ban owner makes $50 billion glasses deal

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9 years 9 months ago

It's a visionary deal: The world's biggest eyewear companies -- Luxottica Group and Essilor are coming together in a $50 billion merger.

South Korean prosecutors seek to arrest Samsung heir

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9 years 9 months ago

Samsung Electronics Vice Chairman Lee Jae-yong is the latest high-profile figure to face potential charges in a massive scandal that has rocked South Korea.