Hillary Clinton's next move CNBC's John Harwood reports the latest details on Hillary Clinton's campaign and her strategy for the 2016 presidential race.
Creator of Silk Road website faces sentencing for drug scheme NEW YORK, May 29- The accused mastermind behind the underground website Silk Road will be sentenced on Friday for orchestrating a scheme that enabled more than $200 million of anonymous online drug sales using the digital currency bitcoin. District Judge Katherine Forrest must impose on Ulbricht, who admitted to creating Silk Road but denied wrongdoing.
| By: Nate Raymond
Visa's tough stance on FIFA augurs more sponsor demands -experts NEW YORK, May 28- Visa Inc's public warning to FIFA that it may end its sponsorship if world soccer's governing body does not quickly clean up its act will likely prompt other sponsors to take a tough stance as a major corruption scandal involving FIFA unfolds, brand experts said. After U.S. prosecutors indicted nine FIFA officials and five sports media and...
| By: Anjali Athavaley
Next billion dollar drug? Billion dollar opportunity for BioMarin? CNBC's Meg Terrell takes a look at the company's focus on achondroplasia.
Apple v. the world Is Apple's dominance in jeopardy? Colin Gillis, BGC Partners, weighs in.
UPDATE 1-Ex-Madoff auditor, employee avoid prison after cooperating NEW YORK, May 28- A former outside auditor and a former human resources employee of Bernard Madoff's firm avoided prison on Thursday, after cooperating with authorities investigating the now-imprisoned swindler's multibillion-dollar Ponzi scheme. District Judge Laura Taylor Swain in New York to a year of home confinement, and to pay his share of a symbolic...
| By: Nate Raymond and Joseph Ax
COLUMN-A self-driven road to capital destruction: James Saft May 28- What happens to an industry which develops a new offering so fantastic that ownership of its product is cut in half? That will lead to a more than doubling in annual mileage per car over the next 25 years but bring vehicles per household down by nearly 50 percent, argues Barclays auto analyst Brian Johnson. To' survive,' General Motors would need to cut North...
| By: James Saft
U.S. charges 6 with text messaging consumer fraud NEW YORK, May 28- Six men have been criminally charged over an alleged "mobile cramming" scheme in which they bilked hundreds of thousands of mobile phone users out of more than $50 million by providing unwanted text messaging services, U.S. authorities said on Thursday. Attorney Preet Bharara in Manhattan announced the charges nearly a year after the defendant...
| By: Jonathan Stempel