The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
Powell will have the opportunity if not to walk back the "mid-cycle" assessment then to at least provide some further explanation about what it means.Economyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Twitter said Monday it suspended hundreds of accounts that are believed to be tied to a "significant state-backed information campaign" originating from inside China.Technologyread more
The leaked documents give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
Sequoia's Michael Moritz says that direct listings worked for Spotify and Slack and will become more common for companies with "courage and intelligence."Technologyread more
Shares of embattled utility PG&E plummeted after a judge ruled that a jury can decided whether it should pay up to $18 billion in damages.Marketsread more
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
Since its IPO 15 years ago, Google has become more and more powerful. Today, that power is being highly scrutinized.Technologyread more
In a statement Monday, Barr named Kathleen Hawk Sawyer the new director of the Federal Bureau of Prisons.Politicsread more
Check out the companies making headlines after the bell Wednesday:
Micron - The chipmaker of 81 cents per share on revenue of $4.17 billion, topping expectations on both the top and bottom lines. The stock popped more than 4 percent after the announcement, before turning lower on disappointing revenue guidance.
Tesla - The electric carmaker posted an April Fool's prank on its website announcing the Model W, which turned out to be a fictitious watch. Still, shares jumped after some media outlets published the joke as news.
Kraft and Mondelez shares inched lower after the CFTC said it would charge the two sister companies with manipulation of wheat futures and cash wheat prices. Kraft expects no material impact from the complaint, according to Reuters.
Morgan Stanley - The wealth management firm's shares were slightly higher in extended trading after it said CEO James Gorman's compensation rose 25 percent from a year ago.
GoDaddy - Shares of the Internet services provider fell in extended trading after rallying about 31 percent in its first day of trading on the NYSE.