CNBC World News

York Space Systems is selling a majority stake in the company to private equity firm AE Industrial Partners at an enterprise valuation of $1.125 billion.

Peter Coker Sr., one of the defendants in the case of the $100 million New Jersey deli, hired a lawyer who previously represented "pharma bro" Martin Shkreli.

Tech companies have announced layoffs, hiring freezes and cost cutting efforts amid fears of an economic downturn.

The S&P 500 is on track to hit a winning streak not seen in at least two decades.

Twitter shares surged Tuesday after Bloomberg first reported that Elon Musk plans to go through with his acquisition at $54.20 a share.

"All regions will be affected, but alarm bells are ringing most for developing countries, many of which are edging closer to debt default," the UNCTAD warned.

S. Daniel Leon, co-founder and strategy chief of bankrupt crypto lending platform Celsius, has stepped down, according to an internal email.

It's easy to say streaming will morph into cable-like bundles, but business realities are working against the concept.

"I think it is legitimate for U.S. leadership and for leadership of other countries to avoid starting World War III," Petraeus told CNBC.

Available positions totaled 10.05 million for the month, a 10% drop from the 11.17 million reported in July.

U.S. Senator Chris Murphy on Tuesday criticized Europe's overreliance on Russian energy and urged the region to start investing in alternate energy sources.

European Parliament approved a rule which, if passed, would mean all electronic devices sold in the EU must be equipped with USB Type-C charging capabilities.

Rivian built over 7,000 electric vehicles in the third quarter, its best quarterly total yet, as it remains on track to make 25,000 in 2022.

The companies said the deal will deepen Naver's reach in online retail, while allowing Poshmark to expand into international markets.

Foxconn reported record revenue for September on the back of strong demand for Apple's iPhone 14, but said it is "cautiously positive" for the fourth quarter.

"A scenario whereby house prices crash ... is looking increasingly likely," U.K. economist Andrew Goodwin warned.

Samsung said it will start making chips with a 2 nanometer process in 2025 and 1.4 nanometer process in 2027, in a bid to catch up with market leader TSMC.

Shares of South Korean and Japanese defense firms rose sharply in Asia's session after the North launched a ballistic missile that flew over Japanese territory.

Another big European energy firm, Germany's RWE, is making similar moves.

Comparisons between the ideology of Liz Truss, who became U.K. prime minister earlier this month, and Ronald Reagan have come thick and fast.