American small and medium-size companies that rely on China are scrambling to adjust their business plans in response to the escalating trade war.Traderead more
Here are the products that stand to be the most affected by China's new tariffs on $75 billion worth of U.S. goods.Marketsread more
The world's second biggest economy is past a point where it cannot ignore its enormous debt anymore, according to an analyst.China Economyread more
The European Union will respond in kind if the U.S. imposes tariffs on France over digital tax plan, EU chief Donald Tusk told G-7.Technologyread more
Trump said he will raise tariffs on $250 billion in Chinese goods to 30% and hike duties on another $300 billion in products to 15%.Politicsread more
As demand for lab monkeys continues to rise, U.S. scientists are reporting delays in research projects because they can't obtain enough animals, according to the National...Politicsread 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
China said on Saturday it strongly opposes Washington's decision to levy additional tariffs on $550 billion worth of Chinese goods and warned the United States of consequences...Politicsread more
Stocks dropped after Donald Trump ordered that U.S. manufacturers find alternatives to their operations in China.US Marketsread more
The final week of August could be highly volatile as markets fret over the economy and the latest developments in trade wars.Market Insiderread more
Federal Reserve Vice Chair Richard Clarida said Friday that the global economy has deteriorated in the past month.Marketsread more
Billionaire buy-and-hold investor because people are still afraid to put money in the market in the wake of the financial crisis. (CNBC)
Valeant (VRX), under scrutiny for business and accounting practices, reported this morning a lower-than-expected quarterly profit, in its long-delayed earnings report. The drugmaker also cut its full-year earnings and revenue forecast. (CNBC)
Seen as the leading contender, Verizon (VZ) planned to submit a second-round auction offer of $3 billion for the core internet business of struggling Yahoo (YHOO), which is expected to hold at least one additional round of bidding. (WSJ)
Apple (AAPL) sold a 30-year U.S. dollar bond in Taiwan at a yield of 4.15 percent, lower than other recent bond issues by multinationals like Intel (INTC) and Anheuser-Busch Inbev (BUD). Apple is looking to raise up to $1.2 billion. (Reuters)
Four Cisco Systems (CSCO) executives, who created some of the networking company's biggest hit products, are resigning, in an apparent disagreement with their roles under a recent reorganization. The Wall Street Journal cites an internal memo.
FedEx (FDX) is raising its quarterly dividend by 60 percent to 40 cents a share. The hike is significantly higher than the delivery company's past two dividend increases. (WSJ-subscription)
The EU risks a legal showdown with farming unions and chemical companies, after leading member states, citing health concerns, refused to extend a license for glyphosate, the world's most common herbicide and a top seller for Monsanto (MON). (FT)
U.S. investigators are reportedly examining whether Goldman Sachs (GS) violated the Bank Secrecy Act when it didn't inform regulators about a potentially suspicious transaction involving Malaysia's embattled state fund 1MDB. (WSJ)
A car bomb ripped through a police bus in central Istanbul during this morning's rush hour, killing 11 people and wounding 36 others near the main tourist district, a major university, and the mayor's office. There was no immediate claim of responsibility. (Reuters)
The government's revised first-quarter productivity and labor costs report is out at 8:30 a.m. ET. The Fed releases at 3 p.m. ET data on April consumer credit, which tracks consumer borrowing habits.
In the fourth annual Disruptor 50 list, CNBC features private companies in 15 industries — from aerospace to financial services to cybersecurity to retail — whose innovations are revolutionizing the business landscape.
Sarepta Therapeutics (SRPT) was soaring in premarket trading, after the FDA asked for more information on the company's experimental treatment for muscular dystrophy.
Alexion Pharmaceuticals (ALXN) were sinking in premarket trading, after saying its drug Soliris missed the primary goal in a late-stage clinical trial for additional treatments.
A U.S. judge has freed Gilead sciences (GILD) from paying any damages for infringing Merck's (MRK) patents on its Hepatitis C drugs. In March, a jury ordered Gilead to pay $200 million. Shares were little changed.
United Natural Foods (UNFI), a major supplier to Whole Foods (WFM), was rising in premarket trading. The company raised its full-year outlook after reporting a smaller-than-expected drop in third-quarter profits.
The Playboy mansion, listed for $200 million earlier this year, is now under contract to next-door neighbor Daren Metropoulos, the 32-year-old billionaire who owns Twinkies maker Hostess Brands. (WSJ)
Billionaire hedge fund manager Steve Cohen has torn down his East Hampton mansion so that he can build a new one in its place. He bought the 7-acre oceanfront spread for $62.5 million in 2013. (CNBC)