U.S. officials, including Secretary of State Mike Pompeo, have accused Iran of orchestrating devastating strikes on Saudi oil installations over the weekend.Politicsread more
"The president is right to make this the center point of the rising and sustained trade conflict," says Sen. Chris Coons.Politicsread more
"We're gonna take this meeting by meeting. We're not on a preset course," Clarida told CNBC's Sara Eisen during an interview Friday on "Squawk on the Street."The Fedread more
More than 400 Chinese products will be temporarily exempted from tariffs that President Donald Trump's administration imposed last year.China Economyread more
Netflix CEO Reed Hastings admitted that it's a "whole new world starting in November," with the launch of Apple TV+, Disney+ and other new streaming services.Technologyread more
President Donald Trump sarcastically tweeted that New York City "is devastated" by Mayor Bill de Blasio's exit from the 2020 presidential race. Two other Democratic mayors,...2020 Electionsread more
The United Auto Workers union and General Motors are making progress on their labor contract talks, however there remain "many" outstanding issues, according to a union leader...Autosread more
Democratic presidential candidate Elizabeth Warren has been given more than one opportunity over the past two weeks to clarify her response to a key question about her...Politicsread more
Apple will get a taste of whether upgraded features on the new iPhone 11 are enough to lure shoppers to retail stores around the world as the new smartphones officially hit...Technologyread more
James Bullard said he dissented on this week's Fed decision to lower rates by a quarter percentage point because he didn't think the cut was big enough.The Fedread more
Joshua Harris, Apollo Global Management's co-founder, has a message for private equity's naysayers in Washington.Delivering Alpharead more
Check out which companies are making headlines after the bell Wednesday:
IBM - The computer hardware and software maker posted earnings of $3.99 a share, excluding one-time items, on revenue of $23.72 billion. Analysts expected the company to post earnings of $3.96 a share on sales of $24.75 billion. In addition, the company said it sees full-year earnings of at least $16.90 a share, slightly above estimates for $16.89 a share. Shares declined in extended-hours trading.
Ebay - The online auction company posted earnings of 64 cents a share, ex-items, on sales of $3.89 billion, versus projections for 63 cents a share on sales of $3.91 billion. In addition, the company handed in current-quarter guidance that missed Wall Street estimates, sending shares lower in extended-hours trading.
American Express - The credit card provider posted earnings of $1.25 a share on revenue of $8.30 billion, exceeding Wall Street expectations for $1.22 a share on sales of $8.19 billion. Shares ticked higher in extended-hours trading.
Select Comfort - The mattress company posted earnings of 36 cents a share on revenue of $264 million, fall short of expectations for 43 cents a share on sales of $277 million. In addition, the company handed in current-quarter guidance that disappointed current Wall Street projections. Shares tumbled sharply after being temporarily halted in extended-hours trading.
Sandisk - The computer storage and software company posted earnings of $1.59 a share, ex-items, on sales of $1.63 billion, easily beating estimates for $1.32 a share on revenue of $1.57 billion. Shares climbed in extended-hours trading.
Xilinx - The tech company posted earnings of 58 cents a share, ex-items, on sales of $599 million, beating estimates for 52 cents a share on sales of $588 million. Shares fell in extended-hours trading.
SLM (Sallie Mae) - The student loan provider posted earnings of 60 cents a share, edging past estimates by a penny a share. In addition, the company handed in full-year earnings guidance that topped current Wall Street expectations. Shares rallied in extended-hours trading.
USG - The building products manufacturer said it expects to post third-quarter earnings of approximately 21 cents a share on sales of $925 million, below current expectations for 28 cents a share on revenue of $939 million. The company is slated to post results on Oct. 24. Shares tumbled in extended-hours trading.