Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Kudlow also said that he still expected Chinese negotiators to meet with Trump administration officials in Washington in September to continue trade talks.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Investors are rushing to get a piece of its privately held rival Impossible Foods before it goes public, according to the Wall Street Journal.Food & Beverageread more
Weisler has been CEO at the company since 2015 when it split from HPE.Technologyread more
Apple CEO Tim Cook has found the "recipe" for a positive relationship with the president, management expert Jeffrey Sonnenfeld told CNBC on Thursday.Politicsread more
BlueMountain, Citadel, and Pimco received third-party subpoenas in an investor lawsuit about credit swaps, Dow Jones reported, citing sources.
The lawsuit alleges that banks and industry groups engaged in anticompetitive practices in the credit-derivatives market, the report said, noting that there are no allegations of wrongdoing on the part of those subpoenaed. The wire service also reported, citing its sources, that Depository Trust & Clearing Corporation received a subpoena in the investors' swaps lawsuit.
The lawsuit—which the report said was filed by retirement and pension funds—accuses 12 banks, Markit Group and the International Swaps and Derivatives Association of colluding against competitors, according to Dow Jones.
A Justice Department probe on credit swaps trading and information services remains open, Dow Jones reported, citing a spokesman.
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