Politics

John Kasich's allies are reaching out to GOP mega donors, seeing if they’d back him in a run against Trump

Republican mega donors have indicated to Kasich's top political lieutenants that they are willing to back him over Trump under certain circumstances, sources told CNBC.

United States

Qualcomm slides after layoffs, regulatory challenges to NXP merger

Sources tell CNBC Qualcomm is "very concerned" with the fate of an NXP Semiconductors deal.

World

Carl Icahn has taken a 'medium'-sized stake in VMware, sources say

Activist investor Carl Icahn has acquired a stake in VMware while Dell is considering a reverse merger with the company.

Shopping

Liquidators to wind down US department store chain Bon-Ton

Bon-Ton Stores will begin a going-out-of-business sale at its U.S. locations in coming days, two sources told Reuters.

World

Cambridge Analytica planned to issue digital currency: Reuters, citing sources

Cambridge Analytica was planning to raise money by issuing a new type of digital currency, sources told Reuters.

Energy

Vistra Energy CEO: Coal is on its way out

Jim Cramer checks in with Vistra Energy CEO Curtis Morgan, who says coal is on its way out as his company looks for other renewable energy sources.

Politics

Trump campaign paid lawyer $93,000 to warn Steve Bannon, Michael Wolff over ‘Fire and Fury’

The payments to Harder's firm were largely in compensation for taking on Bannon and Wolff, sources told CNBC.

Business

Mylan seeks deal for Merck's consumer products unit

Mylan is in advanced discussions to acquire Merck's consumer health business, sources say.

United States

Soros fund reportedly preparing to trade cryptocurrencies

The head of macro investing at billionaire George Soros' fund is planning to trade cryptocurrencies, Bloomberg said Friday, citing sources familiar with the matter.

World

China becomes a 'driving power' for solar energy with $86.5 billion invested last year

The world has invested $2.9 trillion in green energy sources since 2004, according to new research.

United States

House GOP wants to set a vote to make individual tax cuts permanent

The GOP is drafing legislation to make permanent the reductions to individual tax rates, according to two sources.

United States

John Bolton runs into potential ethics issues before he becomes Trump’s national security advisor

White House lawyers and Bolton continue to discuss and review any potential conflicts of interests for the former U.N. ambassador, sources told CNBC.

United States

Pfizer in talks with P&G on sale of its consumer business, though they are far apart on price: Sources

Pfizer has been trying to sell the unit for several months and is still considering other options, sources tell CNBC.

United States

CBS, Viacom merger talks hit roadblock over who will be Moonves' second-in-command: Sources

The battle is between Joe Ianniello, the chief operating officer of CBS, and Bob Bakish, the CEO of Viacom

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