Tensions stemming from the U.S.-China trade war escalated sharply over the last few days, with much happening as Asian markets were shut down for the weekend.China Economyread more
The latest round of tariff announcements in the last few days means that by the end of the year, essentially all Chinese goods exported to the U.S. will be subject to duties.China Economyread more
Futures fell after Trump said the U.S. will raise tariffs on more than $500 billion worth of Chinese imports, increasing trade tensions.Marketsread more
Clouding the G-7 gathering, which represents the world's major industrial economies, are the tit-for-tat tariffs between Washington and Beijing.Politicsread more
Education Minister Ong Ye Kung says the Singapore government has been preparing for the challenge of an aging workforce "for the past 20 years."Employmentread more
World leaders, environmental groups and celebrities have publicly decried the vast swaths of forest being destroyed by the fires.World Newsread more
Carl Medlock used to work at Tesla. Now he's one of the few people in the U.S. that can fix the company's original Roadster electric vehicles.Technologyread more
Hours after President Trump said Sunday he had "second thoughts" about escalating the trade war with China, the White House sought to explain his remark because it was...Politicsread more
President Donald Trump said that he would have a major trade deal with U.K. after it leaves the European Union.Politicsread more
Despite Kudlow's expectations, China said on Saturday that it strongly opposes Trump's decision to levy additional tariffs on $550 billion worth of Chinese goods, and warned...Politicsread more
President Donald Trump said Sunday he was not happy after North Korea launched short-range ballistic missiles over the weekend.Politicsread more
Check out the companies making headlines after the bell Wednesday:
Netflix shares jumped as much as 11 percent after the video streaming provider posted earnings of 6 cents a share, topping estimates of 4 cents a share. Revenue trailed expectations. The company reported 3.28 million net new additions, beating forecasts of 2.46 million, according to FactSet.
Chipmaker Intel beat on the top and bottom lines with earnings of 55 cents a share on revenue of $13.2 billion. Analysts were looking for profit of 50 cents a share on $13.04 billion. Shares were up about 5 percent after hours. The stock gave up some gains to trade about 2 percent higher after Intel said it expects the PC market to be weaker than it previously expected this year.
Kinder Morgan shares rose about 1 percent after the oil and gas pipeline operator reported quarterly earnings and increased its dividend by 14 percent. The company reported second-quarter profit of 15 cents a share, missing projections by 4 cents, on revenue of $3.46 billion, which was well below expectations of $3.96 billion.
Corning, which manufactures specialty glass and ceramics, announced a $2 billion stock repurchase program and set a quarterly dividend of 12 cents a share. The stock rose about 1 percent in extended trading.
Umpqua Holdings rose as much as 1 percent after the bank operator said earnings rose to 25 cents a share from 9 cents a share in the year-earlier period. The stock was last flat.