CNBC World News

PacWest shares are down about 72% this year as regional banks come under more strain.

Speculation is mounting that Russia staged a drone attack on the Kremlin that it blamed on Ukraine Wednesday.

Novo Nordisk said Thursday that it was cutting the supply of some doses of its popular obesity drug in the U.S. as it struggles to keep up with surging demand.

British oil giant Shell on Thursday posted stronger-than-anticipated first-quarter profit, extending a record run of bumper results.

Volkswagen said operating profit fell 31% to 5.7 billion euros ($6.3 billion) through the first three months of 2023.

The new version of Bing has yet to gain search advertising market share, but Microsoft has limited its availability. Now that's changing.

Olive oil prices have hit record levels, thanks to a prolonged drought in top producer Spain — and the elevated prices are expected to stay for some time.

The new economic figures both strengthen the case for the ECB to only hike rates by a smaller amount at is policy meeting.

Companies like Audi, Volvo Cars and Stellantis are looking to establish a foothold in a market already home to some big India-based players.

"Every single month doesn't look the same because you're often in different areas, with different currencies, and there are different expenses," said Daniella Pashuk.

South Korea's finance minister says the nation sees a "turning point" in economic relations with Japan.

Jeffrey Epstein, a sex offender who had been friends with former presidents Donald Trump and Bill Clinton, was a customer of JPMorgan Chase for years.

Lawmakers asked retailers Temu, Shein, Nike and Adidas about the use of materials and labor sourced from the Xinjiang Uyghur Autonomous region of China.

Qualcomm reported second-quarter earnings on Wednesday that saw sales from handset chips, a core business for the company, decline.

Jeffrey Epstein used his private retreat in the U.S. Virgin Islands to sexually abuse multiple women. A billionaire plans a new luxury resort there.

Chegg CEO Dan Rosensweig told CNBC late Tuesday that the stock's 48% plunge during regular trading hours was "extraordinarily overblown."

Regardless of its quarterly results, Apple will remind investors of how much cash it generates and its extreme profitability.

The Federal Reserve on Wednesday released its decision on interest rates following a two-day meeting.

Donanemab, a monthly antibody infusion made by pharmaceutical company Eli Lilly, also significantly reduced brain plaque associated with Alzheimer's disease.

Where the intrigue comes in is how the central bank proceeds from here.