Facebook will also create a new subsidiary, Calibra, to build a digital wallet for people to store and exchange the currency using apps.Technologyread more
Experts expect Facebook's cryptocurrency venture to alleviate some security issues, while introducing new ones.Cybersecurityread more
European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
Trump's disruptive trade confrontations have sent shockwaves through the business world, while, insiders say, companies may wonder whether associating with the president could...Politicsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
The chipmaker crush could persist and investors should be selective, but Nvidia looks like a clear buy, one market watcher says.Trading Nationread more
Wall Street has IPO fever, and Renaissance Capital principal Kathleen Smith says healthy demand for these upstarts should keep the market red-hot this year.ETF Edgeread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Wynn Resorts (WYNN) matched estimates on earnings, as Macau operations plunged 38 percent. Chairman Steve Wynn called the short-term environment there "bewildering." (AP)
Daily fantasy sports should be considered gambling, Nevada regulators ruled, ordering websites like DraftKings and FanDuel to stop operating immediately in the state until they get gaming licenses. (NY Times)
Diagnostics startup Theranos has cut back use of its key finger-prick technology to just one lab test after pressure from regulators, according to a Wall Street Journal report on Friday.
Theranos CEO Elizabeth Holmes told CNBC she was shocked by a Thursday WSJ story alleging the proprietary testing of her company, valued at as much as $9 billion, may be inaccurate. (CNBC)
Democratic presidential contender Hillary Clinton is raising and spending more than any other White House rival. No other candidate, Democrat or Republican, has stockpiled as much money. (USA Today)
Vice President Joe Biden is nearing a final decision on a possible White House run, according to a message to his political network from one of his closest advisors. (LA Times)
GOP presidential candidate Mike Huckabee called Washington and Wall Street a strip club. "You got people tossing dollars, and people doing the dance," he told CNBC.
America has lost its crown as the country with the most billionaires, according to a new wealth report. After a surge over the past year, China has 596 billionaires compared to 537 in the U.S. (CNBC)
Excessive drinking cost the American economy $249 billion in 2010, or $2.05 per drink, according to a new CDC study, in reduced workplace productivity, crime, accidents, and health problems. (CNBC)
Fed policymakers are not as divided as it may appear on interest rates, said one regional Fed president, while another said the differences of opinion reflect the cross currents of the economic data.
The final trading day of the week brings several economic reports, with September industrial production and factory capacity use at 9:15 a.m. ET; the University of Michigan's preliminary October consumer sentiment index at 10 a.m. ET; and the latest JOLTS, job opportunities and labor turnover survey, also at 10 a.m. ET. Meanwhile, oil services giant Baker Hughes releases its North American rig count report at 1 p.m. ET.
Supermarket chain Albertsons plans to postpone its initial public offering, originally expected to be priced Wednesday night but delayed due to market volatility, to sometime before Thanksgiving.
T-Mobile US (TMUS) will be transferring its stock listing from the NYSE to the Nasdaq, effective Oct. 26 after market close. T-Mobile shares are expected to begin trading as a Nasdaq-listed stock on Oct. 27.
Mattel (MAT) missed estimates by 9 cents with adjusted quarterly profit of 71 cents, with the toy maker's revenue missing as well. Mattel's results were impacted by weaker-than-expected sales of its Barbie doll line.
Advanced Micro Devices (AMD) lost 17 cents per share for its latest quarter, 5 cents wider than anticipated, but revenue was above estimates. The chipmaker also announced a joint venture with China's Nantong.
Chinese e-commerce giant Alibaba (BABA) is offering $26.60 per share in cash to acquire the portion of Beijing-based digital entertainment provider Youku Tudou (YOKU) that it does not already own. Alibaba currently holds a 18.3 percent stake.
Jarden (JAH) priced a secondary offering at $49 per share, compared to Thursday's closing price of $49.85. The maker of consumer brands such as First Alert and Mr. Coffee will receive gross proceeds of $490 million from the sale.
Occidental Petroleum (OXY) is selling its assets in North Dakota's Bakken region for about $500 million, according to Reuters, far less than the roughly $3 billion analysts had expected those assets to fetch last year.
AstraZeneca (AZN) saw a setback for its diabetes drug combination after the Food and Drug Administration declined to approve it. The FDA said more clinical data was needed before the treatment could be approved.
The Mets and the Chicago Cubs will meet in the NLCS, after New York topped the Dodgers 3-2 in a make-or-break Game 5 in Los Angeles last night in the divisional series. (NBC Sports)