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
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread 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
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC 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
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
Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recession.US Marketsread more
Check out which companies are making headlines before the bell:
AOL–The company reported adjusted quarterly profit of 34 cents per share, two cents above estimates, while revenue was well above forecasts. AOL's results were driven by strength in video, mobile, and programmatic advertising.
Whirlpool–RBC initiated coverage of the appliance maker with an "outperform" rating, calling Whirlpool an exceptionally well-managed company that will benefit from a favorable competitive environment in North America.
CBS–CBS reported quarterly profit of 78 cents per share, three cents above estimates, with revenue slightly higher than forecasts. CBS benefited from higher revenue from affiliates and subscription fees.
Monster Beverage–Monster Beverage reported adjusted quarterly profit of 62 cents per share, six cents below estimates, and the energy drink maker's revenue was shy of forecasts as well. The company suffered from the end of various third-party distribution partnerships.
Nvidia–Nvidia fell two cents short of estimates with quarterly profit of 24 cents per share, though the chipmaker's revenue was in line. Slower personal computer sales hurt demand for Nvidia's graphics cards, and the company was also impacted by the stronger dollar.
Sprouts Farmers Markets–Sprouts came in one cent short of estimates with adjusted quarterly profit of 25 cents per share, while revenue also missed analyst forecasts. The organic grocer's same store sales growth of 4.8 percent also fell shy of projections, with the company citing bad weather and the West Coast port strike.
Biogen–Biogen announced a new stock buyback program of up to $5 billion.
Nokia–Nokia reportedly received an offer of as much as $3 billion from car service operator Uber for its "Here" mapping service. Nokia had said last month that it was considering a sale of that unit.
Toyota-The automaker is predicting a third straight year of record profits, thanks to stronger U.S. sales that are offsetting weakness in Asia.
Salesforce.com–Salesforce stock is on watch again today, with Reuters reporting that Microsoft is not considering a bid for the business software maker. Reports earlier this week said Microsoft was considering an offer for Salesforce.
SandRidge Energy–SandRidge is being investigated for possible violations of federal antitrust law, according to an SEC filing. SandRidge said the inquiry is related to the leasing of its oil and gas properties and that it is cooperating.
Bojangles–Bojangles priced its initial public offering at $19 per share, above the expected range, giving the company a $680 million value. The restaurant chain will begin trading today on Nasdaq.
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