DETROIT — Ford Motor CEO Jim Farley said Tuesday he believes politicians should take lessons learned from Europe when deciding whether to allow Chinese automakers into the U.S., cautioning that it’s “too late” for that region but not for the American market. “I think it’s just important for us to take our time to be
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A Chinese flag flutters atop a China customs building, at a terminal of the Yantian port in Shenzhen, Guangdong province, China, Oct. 30, 2025. Tingshu Wang | Reuters BEIJING — China’s commerce ministry has sent a strong warning to the European Union ahead of expected high-level talks in Beijing next week. China will “respond firmly”
A water tower stands at Walt Disney Studios on June 3, 2025 in Burbank, California. Mario Tama | Getty Images Disney is laying off around 300 employees in its latest round of job cuts since CEO Josh D’Amaro took the helm earlier this year, according to a person familiar with the matter. The majority of
President Donald Trump steps off Air Force One at Morristown Municipal Airport, in Morristown, New Jersey, Sept. 4, 2026. Jim Watson | AFP | Getty Images President Donald Trump is a creditor to hundreds of cities, hospitals, schools, utilities and other public institutions across the country — many of which are directly affected by decisions
The head of the Federal Aviation Administration said a software problem will delay its certification of the Boeing 737 Max 10 as the agency assesses whether it poses a safety issue, a potential setback for the manufacturer as it seeks to complete government approval of its best-selling family of aircraft. Boeing had expected to receive
Humanoid robots box during the 5th Global Digital Trade Expo on September 25, 2026 in Hangzhou, Zhejiang Province of China. Vcg | Visual China Group | Getty Images BEIJING — China’s securities regulator is raising the bar for public listings of humanoid robot startups, according to three sources familiar with the CSRC’s thinking. It’s a
Former Disney CEO Bob Chapek said Monday he voiced concerns about then-Executive Chairman Bob Iger to the company’s board “weekly” during his brief tenure as head of the House of Mouse. Chapek has remained tight-lipped about his firing from the media giant nearly four years ago, but opened up about his experience in a new
Rancher Curtis Schroder, 57, and his son Derek lead heifers toward a transport truck on the Schroder family ranch in Walsh, Colorado on May 9, 2026. Mark Makela | Getty Images News | Getty Images BEIJING — The U.S. and China are planning to reduce tariffs on $30 billion worth of goods from each country,
Lowe’s is launching a drone delivery service in partnership with DoorDash and Alphabet‘s Wing, CNBC has learned exclusively. The company said the new drone delivery service — a first in the home improvement retail space — will give customers access to over 100 products in a delivery window as fast as 20 minutes. A pilot
U.S. President Donald Trump welcomes Chinese President Xi Jinping to speak during a state dinner in the East Room of the White House on September 24, 2026 in Washington, DC. Kevin Dietsch | Getty Images News | Getty Images BEIJING — In a summit dominated by spectacle, the U.S. and China have essentially agreed to
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters Every time Novo urges investors to look ahead, Eli Lilly gives them another reason to look back at its widening lead over the Danish drugmaker. Novo this week laid out an ambitious strategy to reignite growth beyond its top-selling Wegovy and
The 6th U.S. Circuit Court of Appeals ruled on Friday that states have a right to regulate sports-related event contracts on prediction market platforms, marking a second major legal defeat for the industry as a fight at the U.S. Supreme Court looms. In a unanimous decision, the three judge panel said that Ohio and Tennessee
This view shows bottles of regular Coca-Cola soda displayed for sale on shelves at a Walmart store in Mexico City on October 27, 2025. Yuri Cortez | Afp | Getty Images Rob Gehring, the head of Monster Energy‘s Americas business, will leave to run Coca-Cola‘s North America unit, the companies said Friday. He will take
Investors were rattled this week as the benchmark 10-year Treasury yield soared to its highest level since 2007, but sticky inflation is just one of the factors behind this latest surge. The key 10-year Treasury yield, which influences mortgages, leapt to 5.23% on Friday for its highest level since 2007. It was the latest leg
U.S. airlines waived change fees for flights Friday through Sunday ahead of a nor’easter that federal forecasters warn will bring high winds and rainfall with the potential for dangerous flooding. As of Saturday morning, around 250 Boston flights were canceled, about a quarter of the day’s schedule, according to FlightAware. On Friday, more than 600
Investors looking to boost their exposure to artificial intelligence should target China, according to Matthews Asia portfolio manager Andrew Mattock. He said investors will need a more deliberate approach because broad emerging market strategies won’t be that effective. “Investors need to be aware when they buy an emerging market fund or when they buy a
David Ellison, CEO of Paramount Skydance, speaks during the Paramount Pictures presentation at CinemaCon, the official convention of Cinema United, in Las Vegas, Nevada, April 16, 2026. Caroline Brehman | Reuters A new movie every 11 days? That’s what Paramount’s David Ellison is promising after clearing a path this week for his company’s acquisition of
Austria, Vienna, Statue of Thucydides the Greek philosopher in front of Parliament building. Eye Ubiquitous | Universal Images Group | Getty Images BEIJING — China is embracing the idea of competition without confrontation, by invoking an academic concept. “The Thucydides Trap can be overcome,” Chinese President Xi Jinping said on arriving at the White House
Westend61 | Westend61 | Getty Images A version of this article appeared in CNBC’s Inside Wealth newsletter, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. Trusts are designed to keep wealth out the public eye, and inheritance battles usually happen behind closed doors. But a first-of-its-kind
Chinese President Xi Jinping (L) and U.S. President Donald Trump arrive for a state dinner in the East Room of the White House on September 24, 2026 in Washington, DC. Kevin Dietsch | Getty Images U.S. government officials, business leaders and their spouses dominated a list of more than 100 people who will attend a
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