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Trump says Saudi nuclear deal contingent on relations with Israel
President Donald Trump said Thursday that Saudi Arabia will not enrich uranium under the landmark nuclear deal signed with the U.S. this week. Trump said the nuclear agreement is subject to Riyadh establishing diplomatic relations with…
Lawmakers grill former JPMorgan executive Jes Staley over Epstein ties
Jes Staley, former CEO of Barclays, arrives at the offices of Boies Schiller Flexner LLP in New York on June 11, 2023.Bloomberg | Bloomberg | Getty ImagesHouse Oversight Committee Chair James Comer said Thursday that former JPMorgan…
Eli Lilly will file for approval of retatrutide obesity drug in 2027
The Eli Lilly logo appears on the company’s office in San Diego, California, Nov. 21, 2025.Mike Blake | ReutersEli Lilly on Thursday said it will file for approval of its next-generation obesity drug in the first quarter of 2027, as the…
Tesla, Alphabet stock falls as AI spending concerns spook investors
Shares of Alphabet and Tesla fell in premarket trading on Thursday after both firms signalled increased AI spending, unnerving investors worried about the mounting costs of the artificial intelligence boom. Alphabet shares were around 5%…
IRS chief Frank Bisignano may have misled Congress, Democrats say
Frank Bisignano, Commissioner of the Social Security Administration and former chairman and CEO of Fiserv, speaks during an interview with CNBC on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 12, 2025.…
Google slapped with $1 billion fine under landmark EU digital law
A Google logo displays on a smartphone screen and the European flag on a computer screen.Nikolas Kokovlis | Nurphoto | Getty ImagesEuropean regulators have fined Google 890 million euros ($1 billion), alleging the company gives…
Russia’s Amazon-style giant is in Ukraine’s crosshairs
This photograph shows smoke rising from a fire at the Russian e-commerce firm Wildberries' logistics complexes in the town of Elektrostal outside Moscow on July 18, 2026.Tatyana Makeyeva | Afp | Getty ImagesUkraine has ratcheted up its…
UniCredit says full Commerzbank acquisition could happen in fourth quarter
UniCredit is aiming to exercise control of Commerzbank in the fourth quarter, the CEO of the Italian bank told CNBC in an exclusive interview.Speaking with CNBC's "Europe Early Edition," UniCredit CEO Andrea Orcel said the bank is happy…
Houthis claim strikes on two Saudi oil tankers in Red Sea
Men give a salute while standing over a depiction of the US flag during a demonstration by university students to show their support for the Houthi movement amid escalating tensions with Saudi Arabia, at the Sanaa University campus in…
WTI, Brent rise as Trump threatens more strikes on Iran
The VLCC Mobassa B (previously named Front Forth), one of the two tankers which the UAE defence ministry said was struck by Iranian cruise missiles while transiting the Strait of Hormuz, in Rotterdam, Netherlands, August 18, 2024, in…