Despite a disappointing earnings report, Wall Street analysts are sticking by the stock and looking ahead to the third quarter.Marketsread more
Treasury Secretary Steven Mnuchin says if the call goes well, he would expect in-person meetings to take place.Marketsread more
Netflix shares are cratering after it missed Wall Street's target for international subscriber growth.Investingread more
Billionaire hedge fund manager Ray Dalio just picked gold as a prime long-term opportunity. Here's why one market watcher says he could be wrong.Trading Nationread more
Philip Morris International beat second-quarter earnings and revenue estimates while hiking its full-year forecast as its new tobacco products gain momentum.Health and Scienceread more
Toys R Us is opening two permanent stores in November — at Simon Property Group's Galleria mall in Houston and at Unibail-Rodamco-Westfield's Garden State Plaza mall in...Retailread more
Warren wants to make private equity firms responsible for debts and pension obligations of companies they buy and change executive compensation rules to ensure that bankers...2020 Electionsread more
Netflix blamed its content slate, regional price increases and a 'pull-forward effect' of its strong Q1 growth for the miss.Technologyread more
Revenue of $10.24 billion exceeded the consensus estimate by almost $250 million.Financeread more
The pace of companies moving production out of China is accelerating, according to the Nikkei Asian review.Marketsread more
Sen. Chuck Schumer has asked the FBI and FTC to investigate the popular FaceApp app, which lets people see what they'll look like when they're old. Here's what you need to...Technologyread more
Officials in Paris and Brussels canceled New Year's fireworks displays amid heightened tension following the Nov. 13 attacks in Paris carried out by Islamic militants, some of whom lived in Belgium. Cities around the world have increased security around large public New Year's celebrations. (USAToday)
ConocoPhillips (COP) and NuStar Energy (NS) are preparing to send off the first tanker of freely traded U.S. crude oil following the lifting of a 40-year-old export ban. The shipment may be off by the end of Thursday. (WSJ)
Puerto Rico will default on a portion of the nearly $1 billion in debt obligations due to its bondholders on Jan. 4. Top officials for the commonwealth have confirmed that it will not be able to make two out of the 13 total payments due Monday to bondholders. (CNBC)
The White House is preparing to impose new sanctions on international companies and individuals , the Wall Street Journal reported. U.N. sanctions monitors have said a missile tested by Iran in October is capable of carrying a nuclear warhead, Reuters earlier reported. (WSJ/Reuters)
Microsoft (MSFT) announced it will notify users of its commercial software, including its email service Outlook.com, if and when it suspects they have been hacked by foreign governments. Microsoft earlier this month disclosed a cyber campaign aimed at China's Tibetan leaders and Uighur minorities after being pressed by Reuters. (Reuters)
A federal grand jury on Wednesday indicted a friend of one of the San Bernardino shooters on charges of conspiring to plan terror attacks. Prosecutors say there is no evidence Enrique Marquez Jr., 24, knew about the Dec. 2 attack, but he is accused of buying two guns used by Syed Farook and Tashfeen Malik in the assault. (NBC News)
Bill Cosby has been released on $1 million bail following his arrest on charges of sexual assault dating to an incident 12 years ago. The 78-year-old comedian now faces his first criminal trial related to a series of rape allegations that has destroyed his image. (AP)
Flood warnings have been issued for more than 12 million Americans as surging river levels in the Midwest and other regions have put buildings under water and threatened crops following intense rain storms that have left 24 dead. (Reuters)
Key reports on the U.S. economy this morning begin with the Labor Department's weekly report on initial jobless claims at 8:30 a.m. ET. The Chicago PMI offers the latest read on Midwest manufacturing activity when it is released at 9:45 a.m. ET.
Baker Hughes is out with its weekly U.S. oil and gas rig count at 1 p.m. ET, one day early due to the New Year's Day holiday.
Weight Watchers' (WTW) stock surged on Wednesday after the company launched an advertising campaign starring Oprah Winfrey. The media icon bought a 10 percent stake in the company in October.
Chimerix (CMRX) stock jumped in after-hours trading after Steve Cohen's Point72 disclosed a 5.3-percent stake in the small-cap biotech. Chimerix lost about 80 percent of its value on Monday after its phase three trial of an antiviral drug failed.
AT&T (T) confirmed it will no longer offer two-year contracts or subsidies on handset purchases.
Lockheed Martin (LMT) has been awarded a multi-year contract worth $1.1 billion to provide 32 C-130J transporter planes to the U.S. Air Force.
Among those who passed this year were leaders including three-time New York Gov. Mario Cuomo and Saudi King Abdullah bin Abdulaziz Al Saud, executives like former Coca-Cola president Don Keough and former AIG CEO Robert Benmosche, and cultural icons Leonard Nimoy and Yogi Berra.
It was a year of bold culinary choices at the nation's restaurant chains. Americans sampled such outrageous offerings as Pizza Hut's crust composed of hot dog bites, pepperoni pizza fries at Carl's Jr. and Hardee's, and Taco Bell's biscuit taco.