The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Microsoft's shares scaled levels last seen in the dotcom boom on Tuesday following reports that the company plans to unveil an iPad version of its Office software suite, potentially generating billions of dollars in revenue.
Reuters reported on Monday that Microsoft Chief Executive Satya Nadella would unveil the iPad app at an event on March 27 as part of the new CEO's "mobile first cloud first" strategy.
The event will be Nadella's first major public appearance since his appointment last month.
Microsoft shares rose as much as 5 percent to $39.90 on Tuesday, adding $15 billion to the company's market value. At that price, the stock was up about 10 percent since the announcement of Nadella's appointment on Feb. 4. The shares last touched $40 in July 2000.
The stock ended nearly 4 percent higher on Tuesday. (Click here to track Microsoft shares in after-hours trade.)
Microsoft has had iPad and iPhone versions of Office primed for several months now, sources told Reuters, but the company has dallied on their release due to internal divisions, among other things.
Analysts said the lack of an Office version for the iPad may have robbed Microsoft billions of dollars in revenue.
"We estimate that if 10 percent of the iPad install base were to subscribe to Office then this could add 15 million subscribers and generate $1.1 billion to $1.5 billion in consumer Office subscription revenue per year," Bernstein Research analyst Mark Moerdler said in a note on Tuesday.
(Read more: iPad for Office to be unveiled this month)
Investors have urged Microsoft for years to adapt Office, its most profitable product, for iPhones and iPads and devices using Google Android software—rather than shackling it to Windows as PC sales decline.
Microsoft's productivity tools remain the industry standard in offices, but America's employees are increasingly using smartphone and tablets to supplement their work.
Tired of waiting for Office to be optimized for their touchscreen devices, a growing contingent of younger companies are turning to cheaper touch-friendly apps that can perform word processing and other tasks in the cloud.
Barclays analyst Raimo Lenschow said the plan to launch the iPad app would signal that Microsoft is moving towards a more serious cross-platform strategy.
Moerdler said he did not believe that the app would have any significant positive or negative impact on Microsoft's Windows franchise as majority of corporate customers use Windows.
Microsoft already offers Office Online as a free Web-based version, and on its Windows smartphones.
Google has been making inroads into Microsoft's Office software business with its free Google Drive application, which includes spreadsheets and word-processing tools.
(See: Stocks that are moving today)
Last year, Apple offered free upgrades for life on its iWork business software, which includes rival applications to Microsoft's Excel, Word and PowerPoint, for Macbooks, Mac computers and iPad.
Apple also said today it would offer an iPad 4 tablet in place of the mid-range iPad 2 at the same price.
Tablets based on Apple's iOS platform held 36 percent share of the market in 2013, trailing those based on Google's Android software that had 62 percent share, according to research firm Gartner.