Richard Yu, CEO of Huawei's consumer business, said Huawei's own operating system for smartphones and laptops could be ready for use in China by fall this year.Technologyread more
After holding parliamentary elections over seven phases, India started counting the votes on Thursday — and Prime Minister Narendra Modi's Bharatiya Janata Party-led coalition...Electionsread more
Among the many ways Trump has shattered White House norms, his impulsive public communications rank among the most consequential. By inspiring investors or spooking them, his...Politicsread more
A federal judge in New York City on Wednesday said Deutsche Bank and Capital One can turn over financial documents related to President Donald Trump and his businesses in...Politicsread more
China accounted for 40% to 60% of the global increase in trichlorofluoromethane, or CFC-11, emissions between 2014 and 2017, a study found.Scienceread more
CNEX, backed by Microsoft and Dell, filed new allegations in a Texas suit accusing China's Huawei and an executive of trade secrets theft.Technologyread more
With Amazon and Walmart facing regulatory hurdles in India, Reliance's Mukesh Ambani isTechnologyread more
Tech usage and addiction inspires a billion-dollar mindfulness industry. CNBC's Uptin Saiidi attempts three days without any digital gadgets.Technologyread more
Japan's Panasonic said on Thursday it has stopped shipments of certain components to Huawei Technologies to comply with U.S. restrictions on the Chinese company.Technologyread more
Treasury Secretary Steven Mnuchin told CNBC on Wednesday that a trip to Beijing to resume trade negotiations has not been scheduled yet, reducing hopes of a speedy resolution...Asia Marketsread more
Research analyst Adam Jonas, a long-time Tesla bull, said it's extremely unlikely that big tech firms like Apple or Amazon would buy it.Technologyread more
U.S. stock index futures pointed to a higher open Tuesday, tracking gains in Europe and Asia where upbeat comments by U.S. Federal Reserve Chair Janet Yellen on the U.S. economy gave markets a lift.
U.S. stocks closed higher Monday, with energy leading as oil rose, after the comments from Yellen. She omitted specific reference to the timing of a rate hike in her midday remarks at the World Affairs Council of Philadelphia but said the Fed funds rate probably needs to rise gradually over time.
Revised U.S. productivity showed a decline of 0.6 percent in the first quarter, while unit labor costs rose 4.5 percent.
Consumer credit data is released at 3 p.m.
In stocks news, embattled drugmaker Valeant reported first-quarter earnings and the stock fell more than 10 percent in the premarket.
Yahoo shares were down 1 percent in premarket trade after the Wall Street Journal, citing a person familiar with the matter, reported Verizon Communications planned to submit a second-round bid of $3 billion for Yahoo's core internet business.
Sarepta shares were up 30 percent in pre-market trade after the group said the U.S. Food and Drug Administration had requested more data from a study for its muscle-wasting treatment. Investors hoped the agency would approve the drug.
Also in focus after raising its quarterly dividend by 60 percent to 40 cents per share was Fedex, while United Natural Foods raised its full-year outlook.