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
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
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
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended numerous accounts that are believed to be tied to a state-backed information campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread 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
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
Friday has been a good day for Jeff Bezos.
Amazon's CEO, who owned 83,933,463 company shares as of Feb. 19, is on track to having a $5 billion day. The company's stock surged more than $59, or nearly 15 percent, to about $449 a share, according to FactSet. (Tweet This).
To put this into perspective, Bezos' one-day paper gain would be larger than the individual market caps of 17 S&P 500 companies.
The company's stock surge came one day after it reported that Amazon Web Services, which includes its cloud business, generated $1.57 billion in revenue during the first quarter, leading Wall Street to nudge off its earnings per share miss.
Bezos, however, was not the only one having a good day. Steve Ballmer, Microsoft's former chief executive and current owner of the Los Angeles Clippers, is on track to making a little over $1 billion Friday, which amounts to about half of what he paid for the NBA franchise.
Microsoft shares rose nearly 8 percent Friday to about $46 a share in late-morning trading, as Wall Street cheered the company's latest quarterly results.
Ballmer owned 333,255,000 Microsoft shares as of Feb. 19, according to FactSet, which gives him a gain of approximately $1.07 billion.
--CNBC's Robert Hum and Ellen Egeth contributed to this report.