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Alarm in Texas as 23 towns hit by 'coordinated' ransomware attack

The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.

Technologyread more

Beijing's Belt and Road plans could boost the Islamic banking...

China's pursuit of the Middle East may spur growth in the Islamic finance sector.

World Economyread more

Facebook, Twitter accuse China of disinformation against Hong...

Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.

Technologyread more

U.S. Steel plans to lay off hundreds of workers in Michigan

United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...

US Marketsread more

White House official denies administration is looking at a...

The report comes as Trump in recent days has lashed out over media reports about growing recession fears.

Politicsread more

China lowers borrowing costs — but UBS says impact is likely to...

Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.

China Economyread more

Stocks rebounding, but new highs may be elusive in trade war

Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.

Market Insiderread more

Asia stocks edge higher as China debuts new loan prime rates

Stocks in Asia mostly traded higher Tuesday morning as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...

Asia Marketsread more

Fed's Powell can make up with markets this week after 'midcycle'...

Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.

Economyread more

Apple is spending $6 billion on original shows, reports FT

Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.

Technologyread more

Major CEOs say shareholder value is no longer their main...

The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."

Marketsread more

A shift in consumer tastes is a boon for these retailers, Jim...

"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.

Mad Money with Jim Cramerread more
Tech

Apple announces 'special event' for Oct. 16

CNBC.com staff@CNBC

Apple will hold a "special event" on Oct. 16 in Cupertino, California, the company announced on Wednesday.

The iPhone maker is expected to unveil the new iPads and the latest updates to its iMac line, the Re/code reported Tuesday, citing sources.

Read MoreAppleWatch? Teens don't care, says survey

The invitation did not offer details about the event, but simply said "It's been way too long."

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Top analyst buys Apple over Samsung
Squawk Alley

The new iPad would be Apple's first tablet since October 2013 when it unveiled the iPad Air and iPad Mini devices.

Read MoreIPhone 6 users are tearing their hair out

Apple shares were trading slightly higher after announcement, but the stock jumped more than 2 percent after activist investor Carl Icahn said he planned to send an open letter to CEO Tim Cook.