U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Boris Johnson will be meeting President Donald Trump to discuss a potential post-Brexit trade deal just as he tries to court EU leaders for a new withdrawal agreement.World Politicsread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Accountants in Hong Kong took to the streets on Friday to call for the government to accept five demands of the people, including the complete withdrawal of a now-suspended...China Politicsread more
Recent trade friction between the two Asian powerhouses has morphed into a dispute with political implications that go far beyond the region.Asia Politicsread 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
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
The unlikely alliance would in theory enjoy a relatively comfortable majority in the parliament's lower house but would rely on a handful of sympathetic but unaligned...Europe Politicsread more
Bank Indonesia on Thursday cut its key policy rate by 25 basis points to 5.5% to support growth amid an increasingly fragile global economy.Central Banksread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The U.S Energy Information Administration (EIA) says Australia is on track to consistently export more LNG than Qatar.Oil and Gasread more
Check out which companies are making headlines before the bell:
JPMorgan Chase — The bank beat street estimates by 9 cents with quarterly profit of $1.35 per share, while revenue also beat forecasts. CEO Jamie Dimon said the bank's consumer businesses are growing "impressively," among the positive factors helping results. The numbers are also helping lift shares of other banks like Bank of America and Citigroup.
CSX — The railroad operator matched forecasts with quarterly profit of 37 cents per share. However, revenue was below estimates as coal shipments fell 31 percent compared to a year earlier. CSX had said last month that earnings would fall significantly as shipment volumes declined.
Chipotle Mexican Grill — CLSA began coverage on the restaurant chain with an "underperform" rating. The firm thinks comparable sales numbers will bottom out this summer, it will take longer for profit margins to bounce back.
Wynn Resorts — The casino operator's shares were cut to "hold" from "buy" at Deutsche Bank, after a 40-percent year-to-date increase and a stock price near the firm's target. It said the current valuation leaves "little margin for error" and notes continuing weakness in Macau.
JetBlue — The airline reported a 12.1-percent March increase in revenue passenger miles versus a year earlier, though its load factor declined 0.4 percentage points to 86.8 percent.
Harley-Davidson — UBS is predicting the motorcycle maker will report a nearly 10 percent increase in March retail sales, significantly better than consensus expectations.
Valeant Pharmaceuticals — The drug maker repeated that it was on track to file its annual report by April 29, after major bondholder Centerbridge Partners called a default because of the drug maker's failure to file by the original deadline.
McCormick & Co. — McCormick dropped its takeover bid for British food company Premier Foods. The spice maker had bid $2.1 billion for Premier, but said it was not willing to raise that offer.
Wal-Mart — The retail giant expanded its free curbside grocery pickup service to eight new cities this month, bringing the total to 30 cities and about 200 stores.
Verizon — Verizon landline workers went on strike this morning, after saying there has not been much progress in negotiations for a new contract. The old contract expired almost eight months ago.
PulteGroup — PulteGroup board member James Grosfeld has resigned effective immediately, after joining the home builder's founder Bill Pulte in calling for Chairman and Chief Executive Richard Dugas to step down.
Integrated Device Technology — The company issued a statement following an SEC filing by a group of investors offering to buy the company for $32 per share. The chipmaker said it has not had any communication whatsoever with the investors and is unaware of any information that would support the idea that the offer is bona fide.
Restoration Hardware — The home products retailer is buying luxury bath and kitchen seller Waterworks for $117 million.
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