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
U.S. stock markets looked set for a flat to slightly lower open on Friday, as investors digested the second read on first quarter growth amid pressure on European shares from continued uncertainty over Greece.
The second read on first-quarter GDP showed a decline of 0.7 percent as the economy struggled under heavy snow storms and the renewed strength in the dollar.
The U.S. government had forecast a drop of 0.8 percent. Economists expected a 1 percent decline in first-quarter GDP, after an original print showed a 0.2 percent gain. That was down from 2.2 percent growth in the fourth quarter.
Futures traded near earlier lows and Treasury yields briefly ticked higher after the report.
European stocks were mostly lower on Friday, with only the FTSE slightly higher as Greece kept investors on edge.
The Greek government has said it hopes to reach a reform-for-rescue deal with its international bailout supervisors by Sunday, according to Reuters. However, European officials have denied a deal is near and Christine Lagarde, the head of the International Monetary Fund, was quoted in a German newspaper as saying that Greece talks could fail, forcing the country to default on its debts.
U.S. Treasury Secretary Jack Lew said at the G-7 finance ministers' meeting that the risk of accident increases the closer a deadline on Greece gets and that leaders need to resolve the crisis "as quickly as possible," Dow Jones reported.
The Chicago Purchasing Managers' Index (PMI) and the final Michigan sentiment report for May are due later in the morning.
Big Lots reported quarterly profit of 60 cents per share, one cent above estimates, with revenue in line with forecasts. However, the discount retailer's current quarter earnings forecast is below estimates, with comparable store sales expected to grow by two to three percent.
GameStop earned 68 cents per share for its latest quarter, seven cents above estimates. Revenue was slightly ahead of forecasts, and the video game retailer also gave an upbeat forecast for the current quarter and full year. The company's results were helped by strong sales of new game software.
Equinix is buying Britain's Telecity Group for $3.6 billion, creating Europe's largest data center company. The acquisition by U.S.-based Equinix also ends Telecity's bid to buy Dutch data center firm Interxion.
No other major earnings are due out on Friday from the U.S. In Canada, Bank of Nova Scotia will report.
—CNBC's Patti Domm and Peter Schacknow contributed to this report.