The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
China said Friday it will be resuming 25% duties on U.S. autos, and a further 5% on auto parts and components.Asia Marketsread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
Stocks in Asia fell Monday afternoon following an escalation in the U.S.-China trade war late last week.Asia Marketsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
At a time where numerous media companies are trying to get into the streaming business and ramp up their original direct-to-consumer content, CBS' disclosure shows it has already been able to gain some traction. The company said it hit the landmark two years ahead of schedule. The subscriber number accounts for consumers of both CBS All Access and Showtime.
CBS said its next goal is to reach 25 million domestic subscribers from these streaming services by 2022. That's up from its previous goal of 16 million domestic subscribers in the same time frame.
Despite passing its subscriber goal early, CBS was down about 3 percent after hours after its results fell short of analyst expectations. The company reported earnings per share of $1.50 per share ex-items compared to $1.52 per share analysts were expecting. CBS reported revenue of $4.02 billion compared to $4.13 billion expected.
Networks have been making big plays to get into the streaming space to rival tech giants like Netflix and Amazon. Comcast's NBCUniversal announced in January it plans to roll out a free, ad-supported service in the first quarter of 2020. And Disney, which owns ABC, is planning to launch its own streaming service in late 2019. Even Apple is setting its sights on a streaming launch as early as April that will include original content for free on Apple devices, CNBC reported earlier this week.
Disclosure: NBCUniversal is the parent company of CNBC.