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CNBC: US News

Alphabet stops its project to create a glucose-measuring contact lens for diabetes patients

Verily, Alphabet's life sciences unit, found it more challenging than expected to measure glucose levels in tears. Especially once it started testing its device outside of the lab.

Democrat Katie Porter is the apparent winner in tight California House race against GOP Rep. Walters

Porter, a consumer advocate lawyer and law professor, will represent California's 45th Congressional District, which has one of the highest median household income levels nationally – more than

Supreme Court says it will hear 2020 census case, setting up showdown over citizenship question

The Supreme Court on Friday said it would hear a case concerning whether Commerce Secretary Wilbur Ross can be questioned about his reasons for adding a citizenship question to the 2020 census.

What will cause the next recession? Gary Shilling explains why it could be the Fed

Gary Shilling has made a career out of predicting bubbles. So what are the big risks he sees out in the global economy now?

Pfizer to raise prices on 41 prescription drugs next year despite pressure from Trump

Pfizer deferred planned drug price increases this summer after President Donald Trump criticized the drug giant on Twitter.

Cancer drug company Tesaro shares rise 39% following report that it will explore sale

Tesaro shares soared 39 percent Friday upon a Bloomberg report that the pharmaceutical company will explore the opportunity of a sale.

GE was once America's most valuable company. Today it is fighting junk-bond status.

GE's stock is a sliver of its former self, and its bonds are now trading as if they are already junk-rated, putting pressure on new CEO Larry Culp to quickly raise cash and cut debt.

Senators question Facebook on a report it hired a PR firm to retaliate against critics

The New York Times reported earlier this week that Facebook hired Definers Public Affairs to downplay public statements and deflect public scrutiny onto rival tech companies.

Here's how gamers make money

Esports competitions and livestreaming have turned full-time gaming into a lucrative career path.

Trump to nominate acting EPA Administrator Andrew Wheeler as agency's permanent chief

Wheeler, 53, has served as the acting head of the EPA since his predecessor, former Oklahoma Attorney General Scott Pruitt, resigned under a cloud of ethics investigations in July.

Why JP Morgan's top internet analyst expects breakout growth for Facebook and Amazon shares in 2019

Technology stocks were hurt by a "challenging earnings season" last month but that's created a window of opportunity, J. P. Morgan internet analyst Doug Anmuth tells CNBC.

Watch: Trump awards posthumous Medal of Freedom to baseball legend Babe Ruth

Ruth, who died in 1948 at age 53, became one of the most baseball players of all time as an outfielder for the New York Yankees.

Sen. Chuck Grassley opts for finance chair, sets up Sen. Lindsey Graham to lead Judiciary Committee

Sen. Orrin Hatch, who currently leads the Finance Committee, says that the Senate Finance Committee "will be in good hands with Senator Grassley at the helm."

Lockheed Martin starts production of its experimental supersonic plane

Earlier this year, NASA awarded Lockheed a contract worth nearly $250 million to develop an aircraft capable of reaching supersonic speed without creating the deafening sonic boom that comes with

Google Cloud CEO Diane Greene is out, to be replaced by former Oracle exec Thomas Kurian

Google is replacing its head of cloud computing, Diane Greene, with Thomas Kurian, who was previously president at Oracle. Greene joined Google cloud three years ago.

Trump says China wants to make trade deal, but White House officials warn no sign of pact soon

President Donald Trump said Friday he was hopeful the U.S. and China will strike a deal on trade but added it has to be reciprocal.

Top VC deals: SAP snaps up Qualtrics; an Amazon Go competitor raises a round; Bain closes $1 billion

A weekly recap of the most interesting venture capital deals, funds and start-ups.

Airbnb booked more than $1 billion in third quarter revenue

Airbnb is expected to hold its initial public offering as early as next year. A source told CNBC the company is on track to be profitable for the second straight year, as measured by earnings before

Nordstrom shares skid 13%, on track for worst week since 2008

Nordstrom's full-price business showed signs of cooling off during the third quarter.

Judge orders Trump administration to restore CNN reporter Jim Acosta's White House press pass

CNN's lawsuit underscored Trump's increasingly hostile relationship with many mainstream media outlets, which he regularly decries as "fake news" and "the enemy of the people."