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CNBC: US News: news on page 2

Huawei president promises not to spy on US as Trump considers banning the company's equipment

Ren, whose daughter is being held by Canada, denies U.S. allegations that the company aids Chinese intelligence by building a backdoor in its devices.

Elon Musk tweeted, then revised, Tesla financial guidance. He probably shouldn't have.

The incident raises questions about the effectiveness of an SEC fraud settlement and attempts to rein in Musk's online antics.

A tiny start-up based in Brooklyn has a 3D-printed rocket engine it says is the largest in the world

A small start-up based in the Brooklyn Navy Yard is staking its claim among the next generation of rocket companies.

Morgan Stanley: Push to electric vans and trucks will be led by Amazon and other 'megafleets'

Morgan Stanley thinks the e-commerce giant's goal of carbon neutrality will take EVs "to the next level."

Tesla replaces general counsel Dane Butswinkas after two months

Tesla's current vice president of legal will take over Butswinka's position, effective Wednesday.

Putin confirms development of Russia's hypersonic cruise missile called Tsirkon

The Russian leader added the missile could be launched from a ship or submarine and costs would be kept low by its compatibility with the existing Kalibr missile system.

Massive winter storm expected to dump rain, ice, snow on much of US

New Jersey has preemptively declared a state of emergency, NBC News reports.

Garmin forecasts higher full-year revenue, shares rise

Garmin reported quarterly results that beat Wall Street estimates on Wednesday on the back of higher demand for its smartwatches and navigation systems and forecast full-year revenue above

Deutsche Bank reportedly considered restructuring Trump's loans on worries he might default

The Trump Organization had about $340 million in outstanding loans that were to come due in 2023 and 2024, or potentially in the president's second term.

UBS downgrades Charles Schwab to sell, says buybacks can't cushion blow from rising costs

UBS lowers its rating of Charles Schwab stock to sell from neutral, saying the financial services company is facing barriers to growth and revenue.

Goldman Sachs downgrades Southwest Airlines because new Hawaii route could be too costly

Southwest's service to Hawaii may be profitable eventually, but the offering will hurt profit in the near term, according to Goldman Sachs.

NASA to test urban drone traffic management in Texas and Nevada

The last few years have seen drones become an increasingly common sight in our skies.

CVS shares tumble 8% as forecast takes a hit from investments in Aetna

CVS Health shares crater after the company disappointed investors with a lower-than-expected earnings forecast for the year as it integrates Aetna.

Trump wants California to pay back billions for bullet train

The Trump administration said Tuesday that it plans to cancel $929 million awarded to California's high-speed rail project and wants the state to return an additional $2.5 billion that it has already

Stocks seesaw after Federal Reserve notes increasing risks to the economy

Stocks gyrated on Wednesday as Wall Street tried to interpret a release from the Federal Reserve which summarized its crucial meeting last month where the central bank indicated it would be patient on

Federal ethics agency refuses to certify financial disclosure from Commerce Secretary Wilbur Ross

The Office of Government Ethics says it wouldn't certify the 2018 filing because Ross didn't divest stock in BankUnited despite stating otherwise.

Amazon changed how it reports its retail footprint — and now it's not as clear

Amazon changed the way it accounts for its physical store footprint, causing its total square footage to decline despite rapid expansion.

Fed's Williams says new economic outlook necessary for rate hikes

New York Fed President John Williams on Tuesday said he was comfortable with the level U.S. interest rates are at now, and sees no need to raise them again unless growth or inflation shift to an

House Democrats investigate White House plan to transfer nuclear technology to Saudis

The report singled out ex-advisor Michael Flynn and Trump's longtime friend Tom Barrack, as key players in efforts to ram through the plan.