SoftBank wants to push Neumann out of the CEO role ahead of the IPO.Technologyread more
The next three weeks are among the rockiest, on a historical basis, of the entire calendar.Trading Nationread more
Microsoft is looking for a new way to grab business from retailers as they fend off Amazon.Technologyread more
The UK's Civil Aviation Authority said Thomas Cook had now ceased trading and the regulator would work with the government to bring the more than 150,000 British customers...Europe Marketsread more
The holidays are a critical time for many brands, as sales during this time of year can make up 30% of a retailers annual sales. Heading into the gift-giving season, shoppers...Retailread more
An annual survey by Piper Jaffray found iPhone users willing to upgrade to newly released models declined compared to last year.Technologyread more
Banks have historically used armies of mortgage brokers to gather income and asset documents from prospective borrowers.Financeread more
Guggenheim reiterates its buy rating on Boston Beer's stock and raises its price target to $462 from $449 per share.Investingread more
On-demand delivery company Postmates is partnering with Phantom Auto, an autonomous vehicle teleoperator, to coordinate driverless deliveries.Autosread more
Oprah Winfrey is bringing her famed book club to Apple's new streaming subscription service.Technologyread more
Bruce Broussard, CEO of health insurance company Humana, sits down with CNBC's Bertha Coombs to discuss the state of the industry, integrating digital health technology,...Squawk Boxread more
ExxonMobil, the world's largest publicly traded oil company, on Friday reported a 3 percent increase in profit on improved results in its refining and chemicals businesses.
After the earnings announcement, the company's shares rose in premarket trading. (Get the latest quote here.)
The company posted third-quarter earnings of $1.89 per share, up from $1.79 a share in the year-earlier period.
Revenue decreased to $107.49 billion from $112.37 billion a year ago.
Read MoreChevron earnings top expectations
Wall Street had forecast Exxon would report earnings per share of $1.71 on $105.51 billion in revenue, according to a consensus estimate from Thomson Reuters.
The company said it expects $3 billion in fourth-quarter share purchases to reduce the number of shares outstanding.
"Exxon Mobil's quarterly results demonstrate the strength of our integrated business model," Chief Executive Officer Rex Tillerson said in a statement.
Integration across the company's exploration and production, refining and chemicals businesses provides a competitive advantage regardless of market fluctuations, said Tillerson.
Oil and gas production fell 4.7 percent, the Irving, Texas company said. Exxon said it remained on track for full-year output of 4 million barrels oil equivalent per day (boed).
Profit in its refining business soared to $1.024 billion from $592 million a year earlier. Exxon's chemicals unit had a profit of $1.2 billion, up 17 percent from a year earlier.
Earnings in Exxon's exploration and production business fell 4.4 percent to $6.4 billion as lower crude oil prices took a toll.
Year to date, Exxon shares have dropped 7 percent amid a sharp decline in oil prices. Prices have dropped considerably because oil supplies have soared.
—Reuters contributed to this report.