Peter Thiel-backed psychedelics start-up plans to raise $100 million in IPO
Berlin start-up ATAI Life Sciences announced that it is planning to raise $100 million in an initial public offering.
CNBC US News
Biden, Harris praise guilty verdict in Derek Chauvin murder trial, but say more must be done to fight systemic racism
Chauvin was convicted on charges of second-degree murder, third-degree murder and second-degree manslaughter.
Netflix reports dramatic slowdown in subscribers
Netflix reported earnings for the first quarter of 2021 after the bell on Tuesday.
Watch live: Jury finds Derek Chauvin guilty on all counts in George Floyd murder trial
Chauvin was accused of killing George Floyd, an unarmed Black man, by kneeling on his neck for more than nine minutes.
Netflix's correction quarter: Streaming giant stumbles after benefiting from early pandemic surge
Netflix prepares for post-pandemic life with conservative second-quarter guidance of just 1 million adds, but longer-term trends remain bullish.
FTC commissioners agree they should act to protect consumer privacy if Congress doesn't
A Senate Commerce Committee hearing Tuesday revealed several areas of common ground amongst the group of four sitting Federal Trade Commissioners.
Apple will start enforcing the iPhone privacy change that Facebook is worried about next week
Apple said Tuesday it will roll out iOS 14.5 for the iPhone next week, including App Tracking Transparency, the privacy feature Facebook is worried about.
American Airlines to resume hiring pilots this fall as travel demand recovers
American said it will join United Airlines in resuming pilot hiring this year.
UiPath pursues one of the biggest software IPOs ever as investors rotate out of cloud stocks
At the top end of its range, UiPath would be valued at $28 billion, which is below the company's $35 billion valuation in a February financing round.
Boeing raises retirement age for CEO Calhoun by 5 years, CFO to retire
The announcement comes as the company continues to struggle from the coronavirus pandemic and production issues.
United Airlines tumbles 8% as business and international travel recovery still far off
United expects to return to profitability even if long-haul international and business travel demand recover to levels 35% below 2019.
Virgin Galactic shares drop after Cathie Wood's new space ETF dumps nearly half its holding
Virgin Galactic shares fell in trading Tuesday after Ark Invest's space exploration ETF sold nearly half its stake in the space tourism company.
1 Dead, 2 Hurt in NY Stop & Shop Shooting; Suspect in Custody After 4-Hour Manhunt
The late-morning shooting at a West Hempstead Stop & Shop left one dead and two injured; police identified 30-year-old Gabriel DeWitt Wilson as a "person of interest" they believe to be the shooter.
Senate leader Schumer calls for marijuana to be decriminalized by next year's 4/20
Senate Majority Leader Chuck Schumer on Tuesday reiterated his call to legalize marijuana at the federal level.
Biden administration backs D.C. statehood, urges 'swift' action as House prepares to vote on bill
The White House's full-throated support for statehood came days before the House is set to vote on a bill that would do just that.
Congressional investigation launched into Emergent BioSolutions' federal vaccine contracts
Congressional investigators have requested top executives from Emergent BioSolutions testify before the Select Subcommittee.
Biden treads lightly in comments on Derek Chauvin trial as jury deliberates
President Joe Biden waded carefully into a discussion about the murder trial of former Minneapolis police officer Derek Chauvin on Tuesday.
Biden's recovery plan for families set to cost more than $1 trillion, extend enhanced child tax credit
Biden aims to approve the second phase of his infrastructure package based around child care and paid leave after passage of the first piece.
Treasury yields fall slightly as investors monitor corporate earnings
U.S. Treasury yields rose on Tuesday morning, as investors eye on the latest corporate earnings.
Johnson & Johnson reports $100 million in quarterly sales from Covid vaccine
J&J's financial results come as the company's Covid-19 vaccine has been put on pause in the United States.
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