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Today News

09

Amid skepticism, Saudi official provides another version of Khashoggi death

CNBC / World

As Saudi Arabia faced intensifying international scepticism over its story about the death of journalist Jamal Khashoggi, a senior government official laid out a new version of the death inside the Saudi consulate in Istanbul.

08

Saudi Arabia reportedly deployed Twitter army against Khashoggi and other critics

CNBC / World

Saudi Arabia deployed an online army to harass dissident journalist Jamal Khashoggi and other critics of the kingdom on Twitter, the New York Times reported on Saturday.

06

Trump, European leaders call Saudi account of Khashoggi death incomplete

CNBC / World

U.S. President Donald Trump joined European leaders on Saturday in pushing Saudi Arabia for more answers about Jamal Khashoggi after Riyadh changed its story and acknowledged that the journalist died over two weeks ago at its consulate in…

New Zealand will not attend Saudi investment summit over Khashoggi death

CNBC / World

New Zealand condemns the killing of journalist Jamal Khashoggi by Saudi operatives and will not be attending an investment summit in Saudi Arabia, the government said in a statement on Sunday.

Saturday, Oct 20

00

From Ford to Volkswagen, rivals become frenemies to share the cost of building self-driving cars

CNBC / World

The sheer cost and technological burden of developing self-driving cars, electric vehicles and other advancements has companies that have historically been fierce competitors becoming, at the very least, frenemies.

23

Trump threatens to pull US out of weapons pact with Russia, saying Moscow is violating the terms

CNBC / World

President Donald Trump says he will pull the United States from the Intermediate-Range Nuclear Forces Treaty with Russia.

20

Trump blasts Democrats for weak border security as migrant crisis mounts on the US border

CNBC / World

President Trump launches another salvo in the immigration debate as Mexico tried to prevent a thousands-strong migrant caravan from flooding its border.

Zero-waste stores pop up in the US, targeting shoppers tired of all the waste

CNBC / World

Back in 2012, the first zero-waste supermarket — no disposable packaging at all — opened in Austin, Texas. It's closed, but that hasn't stopped grocery entrepreneurs from trying to sell shoppers on the concept as packaging waste piles onto…

19

Uber has only a handful of woman drivers in Saudi Arabia, while local rival Careem claims 2,000

CNBC / World

Four months after Saudi Arabia lifted a ban on women driving, Careem has registered 2,000 female drivers, while Uber has only a "handful," spokespeople from the companies CNBC. Here's why.

18

Tech investor Joe Horowitz raises money to stay relevant in a world of megafunds and huge valuations

CNBC / U.S.

Icon Ventures plans to announce the expansion of its most recent fund by an additional $110 million.

Why one investor thinks the market need a 15 percent correction as a 'gut check' for the rally

CNBC / Investing

The S&P 500 is having its worst month in nearly three years. But the worst has yet to come for the stock market, according to Jim Paulsen, chief investment strategist at Leuthold Group.

An exhibit dedicated to the Boeing Dreamliner 787 is bringing Japan a little taste of Seattle

CNBC / World

Nagoya's Chubu Centrair International Airport in Japan built a multi-story "Flight of Dreams" aviation attraction and commercial complex around it.

16

Mega Millions jackpot is now $1.6 billion — here's who won the 5 biggest US lottery prizes ever

CNBC / Small Business

The drawing for the 10th largest prize ever is Friday at 11 p.m. EST. Do you have a ticket?

08

UBS said to warn staff over China travel after banker held in Beijing

CNBC / World

Swiss bank UBS Group has asked its China wealth management staff to reconsider their travel plans to the country after authorities there asked one of its bankers to delay her departure from Beijing to meet with local officials, a source…

07

US reportedly considers new warship passage through Taiwan Strait

CNBC / World

The United States is considering a new operation to send warships through the Taiwan Strait, U.S. officials tell Reuters, a mission aimed at ensuring free passage through the strategic waterway but which risks heightening tensions with…

06

How Turkey gains from the grisly drama over the killing of journalist Jamal Khashoggi

CNBC / World

One of the least appreciated aspects of this drama is the influence of Turkish President Erdogan, who has shown the ability, through the well-timed release of crucial details, to fuel the global outrage against Saudi Arabia or tamp it down

04

Trump calls Khashoggi arrests 'good first step,' adds that he doesn't want to put arms deals at risk

CNBC / World

Trump added that he'll work with Congress on what the U.S. response should be, but that he would prefer not to hurt American companies and jobs by cutting billions of dollars in arms sales to the kingdom.

01

Saudi Arabia claims Khashoggi was killed in a fight, contrary to other accounts

CNBC / World

The government said that Khashoggi got into a fight with the people he met at the consulate in Istanbul, Turkey. The kingdom alleged that Khashoggi died in that clash.

Friday, Oct 19

00

Elon Musk's extreme micromanagement has wasted time and money at Tesla, insiders say

CNBC / U.S.

Conversations with 35 current and former Tesla employees describe Elon Musk as a polarizing figure whose extreme micromanagement contributed to production delays and waste at the electric vehicle maker.

23

Trump's tone shifts on Khashoggi, raising the prospect of US sanctions on Saudi Arabia

CNBC

Trump took a visibly tougher line with Saudi Arabia, and appeared to dismiss the blanket denials coming from Riyadh, where officials insist they know nothing about Khashoggi's disappearance.

Top VC deals: Instacart hits a $7 billion valuation, Bill Gates raises an EU energy fund

CNBC / U.S.

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

Cloud software company Qualtrics plans to follow rival SurveyMonkey to the public markets

CNBC / U.S.

Qualtrics has filed to go public, just weeks after competitor SurveyMonkey debuted on the Nasdaq. Qualtrics is bigger and growing faster than its rival.

21

JP Morgan's Jamie Dimon makes his biggest bet on Silicon Valley with new 'fintech campus'

CNBC / U.S.

J.P. Morgan CEO Jamie Dimon has long touted his bank's need to embrace Silicon Valley through investments in technology. He's now opening up an office for more than 1,000 people in one of the nation's most expensive real estate markets.

20

Bank of England's Carney says system ready for 'cliff-edge' Brexit, though it's unlikely to happen

CNBC / Economy

The U.K.'s banking system is prepared to handle a much worse outcome from Brexit than is likely to happen, Bank of England Governor Mark Carney says.

18

Europe's first mission to Mercury is set for lift-off

CNBC / Technology

A British-built spacecraft will travel over 5 billion miles to transport two satellites into Mercury's orbit.

Home equity has come 'roaring back' from the recession — and owners are poised to tap it

CNBC / Economy

With home equity at an all-time high, homeowners could start turning more often to this source of lower-cost debt.

17

Instagram could be a crucial stock-picking tool when investing in luxury firms

CNBC / World

"We believe Instagram data can no longer be ignored as a data point for luxury investors, to help them pick the winning brands," said a report from UBS. The number of Instagram followers a luxury brand has is likely to correlate to sales.

Twitter bans bots that spread pro-Saudi messages about missing journalist

CNBC / U.S.

The suspension comes in the wake of Saudi journalist Jamal Khashoggi's suspected killing at the Saudi consulate in Turkey.

16

A ratings downgrade for Italy is now forecast to happen within days

CNBC / World

A single move lower would take Italy's credit status to one notch above a "junk" rating.

Dow snaps 3-week losing streak, Procter & Gamble surges

CNBC / U.S.

The Dow Jones Industrial Average rose on Friday on the back of strong earnings from Procter & Gamble as Wall Street tried to regain its footing after a sharp sell-off in the prior session.