President Donald Trump has narrowed down his list of potential candidates to lead the Federal Reserve to four people.

Two television networks with “NBC” in their names — MSNBC and CNBC — will no longer have any corporate connection to NBC News once a spinoff formally takes effect in about a year.

Comcast is spinning off into a new company many of its cable television networks that were once at the heart of the entertainment giant, as consumers increasingly swap out their cable TV subscriptions for streaming platforms.

Formula One fanatics will get more behind-the-scenes access to the global motorsports series through a new CNBC documentary that explores the business aspects of the highest form of racing in the world.

Texas is no longer among one of the top five states for business in the U.S. in 2023, according to CNBC’s annual Top State for Business study.

CNBC says it is pulling the plug on Shepard Smith's weeknight general interest news program, saying it wants to focus on the network's core strength of business news.

CNN White House correspondent John Harwood says he’s exiting the news channel.

The new CEO of Hertz says the company is fixing problems that led to false car-theft charges against some customers.

Business-software company Salesforce says it will help employees leave Texas if they are worried about a new law that severely restricts abortion in the state.

Tesla CEO Elon Musk is looking to strengthen his grip on Texas with another major move. Only this time, it involves the state’s power grid.

Several news organizations, including The Associated Press, USA Today, CNBC and The Washington Post, had reported the original press release as real news, some after being assured specifically that it was no joke. It was a similar story at USA Today, where a reporter specifically asked if it was a joke and was told “no,” said the newspaper's spokeswoman, Chrissy Terrell. “We are disheartened that the company would choose this type of disingenuous marketing.”The USA Today reporter who was initially lied to was more blunt. “About that plan to change Volkswagen of America's name.” wrote USA Today's Mike Snider. AdGlover said the company landed millions of dollars in publicity from a press release.

That is down dramatically from 14.8% last April, just after the virus erupted in the United States. AdAlso hiring last month were retailers, which added 41,000 jobs, health care companies, with 46,000, and manufacturers, with 21,000. But state and local governments have slashed 1.4 million jobs since the pandemic erupted, including 86,000 last month, and most have instituted hiring freezes. The Congressional Budget Office projects the nation will add a substantial 6.2 million jobs this year. Sounding an optimistic note, he said: “There’s good reason to expect job creation to pick up in the coming months."

We still don’t have an agreement," Mnuchin said after meeting with Pelosi and briefing top Senate Republican Mitch McConnell. At the very least, the positive tone set by Pelosi and Mnuchin represented an improvement over earlier statements. That's well above what many Senate Republicans want but would probably be acceptable to GOP pragmatists and senators in difficult races. The “top line" limit upon which Pelosi, the Trump administration and Senate Republicans might be able to agree has been a subject of considerable speculation. Pelosi and Mnuchin have ramped up talks in recent days but remain far apart.

The 56-year-old newsman, a Fox News original who joined that network at its start in 1996, says he's relishing the fresh start. Smith left more questions than answers upon his Fox exit, leaving others to speculate about why. His 3 p.m. newscast stood out at a network where opinion is king, and sometimes he challenged statements made by the network's prime-time hosts. Asked about it, Smith said that “I had felt like it was time for a new challenge for a long time. With CNN, MSNBC and the broadcast networks courting Smith, CNBC was considered an underdog, at best.

NEW YORK – CNBC's Jim Cramer apologized Tuesday for calling House Speaker Nancy Pelosi “crazy Nancy” during an interview, saying he was trying to make a point about Washington intolerance that fell flat. The fast-talking former hedge fund trader, one of CNBC's leading personalities for two decades, was interviewing Pelosi on negotiations on a relief bill for those hurt financially by the pandemic. “What deal can we have, crazy Nancy?” he said during the interview. He immediately indicated that he was channeling President Donald Trump, who has repeatedly used that derisive nickname for Pelosi. “It's time that CNBC takes steps to remove toxic misogyny from its airwaves, and that starts by firing Jim Cramer,” Thomas said.

SAN ANTONIO A report tracking spikes in COVID-19 cases in major cities lays out startling results for San Antonio and New Braunfels. According to a tweet from CNBC reporter Meg Tirrell, San Antonio and New Braunfels ranked third among cities with the fastest growth in coronavirus cases. The report, sourced by Evercore ISI, states that the San Antonio metro area has recorded 7,936 cases, and the doubling time is now 11 days. San Antonio hit a grim milestone Tuesday, when Mayor Ron Nirenberg reported 100 deaths due to COVID-19. He reported 7,467 total COVID-19 cases, a rise in 311 new cases from Monday.

SAN ANTONIO A recent report from CNBC has named the San Antonio metropolitan area as one of the top five U.S. hotspots for COVID-19 cases as numbers and hospitalizations rose exponentially in the area over the past week. According to a tweet from CNBC reporter Meg Tirrell, the San Antonio metro area had some of the fastest COVID-19 case growth in the nation last week. Austin, Texas, also made the list and was ranked as the fifth hotspot for COVID-19 cases. Metro areas w fastest case growth in last week:1. San Antonio city leaders reported 5,962 total COVID-19 cases and 96 total deaths in Bexar County, as of Friday, an increase of 412 new cases from Thursday.

Something to look forward to: Amazon is planning a summer fashion sale event, called the Big Style Sale, on June 22. After a notice was sent to sellers on Tuesday, an Amazon spokesperson confirmed to CNBC that the event is happening. "The Big Style Sale is slated to take place later this month and will include seasonally relevant deals from both established and smaller fashion brands," the spokeswoman said. As we wait for more details on the Big Style Sale to be revealed, take a look at some of our favorite Amazon Fashion brands:Daily Ritual: Soft and cozy basics -- from joggers to jumpsuits -- created with lounging in mind. RELATED CONTENT:Buy More, Save More at Forever 21Take 20% Off Everything at Ray-BanRevolve Sale: Scratch and Save Up to 20% Off