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
Shares of of BG Group rose by as much as 42 percent before closing 27 percent higher and Shell slipped by over 5 percent.
"In the interim, Shell is taking on more risk and in issuing more shares and also in paying out cash to BG shareholders. As a result their balance sheet will become more stretched. And this potentially puts some strain on this dividend as they redirect cashflows to paying down debt ahead of growing the dividend, " Matthew Beesley, head of global equities at Henderson Global Investors, said in a research note.
U.S. stocks gave back early gains to trade near the flat-line on Wednesday, as investors digested energy sector news and awaited the Federal Reserve's meeting minutes.
The Dow and dipped into negative territory following a discouraging oil inventory report that sent oil prices sharply lower.
The key report for the day is the 2 p.m. ET publication of the Federal Open Market Committee minutes of the March meeting, when the Fed dropped "patient" from its statement as an indication it is setting up for normalization of monetary policy.
However, the overall tone of the minutes is expected to remain dovish.
Greek Prime Minister Alexis Tsipras was in Moscow to meet Russian President Vladimir Putin on Wednesday. The meeting comes as both leaders face increasing isolation in Europe – Tsipras for his country's economic crisis and Putin for his country's annexation of Crimea and part in the conflict in east Ukraine.
Speculation has mounted that Russia could offer Greece financial aid but officials in Europe are worried any aid offer could be used to secure a Greek veto against any new European sanctions on Russia.
Putin said on Wednesday that Tsipras had not asked for financial aid, but that Russia could provide credit for joint projects in the future.
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