Republican strategist ‘optimistically cautious’ tax reform will get done in September

Despite the divisions within the Republican Party, GOP strategist Ron Christie told CNBC on Thursday he is “somewhat confident” that Congress will find a way to compromise on tax reform legislation. “We have the largest governing majority right now...

Refineries ‘scrambling’ to prepare for sudden arrival of Hurricane Harvey

Hurricane Harvey poses a unique danger to Gulf Coast refineries because the quickly developing storm has left them with less time than usual to prepare for its anticipated landfall, analysts say.Harvey is currently barreling toward the nation’s refining hub and...

Twitter shares fall after Jefferies downgrades, calling Facebook ‘clear winner’ in social

Jefferies downgraded Twitter shares to hold from buy Thursday based on the view that there are “better social plays elsewhere.” “TWTR’s global platform has broad user engagement, but monetization is slipping,” Brent Thill and a team of...

The ‘worst solution’ to high drug prices is political interference, says former pharma CEO

Self-management and self-discipline are the keys to controlling exorbitant drug-pricing practices, veteran pharmaceutical executive Fred Hassan told CNBC on Thursday. That, along with leadership like Allergan CEO Brent Saunders starting his social contract with...