Massachusetts Sen. Elizabeth Warren, a popular figure among the far-left, has thrown her support behind Hillary Clinton for president, following President Barack Obama's official endorsement the presumptive Democratic nominee. (CNBC)
Less than an hour after Obama's endorsement, the White House press secretary described the Clinton email scandal as a "criminal investigation." Meanwhile, details were emerging of a series of emails dealing with planned drone strikes. (Daily Mail & WSJ)
The federal regulators are examining suspension issues related to the Tesla (TSLA) Model S sedan. For its part, the electric automaker said NHTSA had not opened any investigation, and there are no safety defects in either the Model S or Model X sport utility vehicle. (CNBC)
Twitter (TWTR) is attracting fewer social media ad campaigns than Facebook's (FB) Instagram service, according to a new survey done by Comcast (CMCSA) unit Strata. That's the first time Instagram has pulled ahead of Twitter in that category. (Reuters)
Yahoo (YHOO) is set to put together a shortlist of bidders for its core internet assets, following second-round bids from Verizon (VZ), AT&T (T), and others. Verizon's $3.5 billion-plus bid was topped by a number of other offers. (Reuters)
Wendy's (WEN) discovered a second case of malware at its payment terminals. The restaurant chain said the number of locations affected is now "significantly higher" than the 300 previously reported. The malicious software resulted in some fraudulent charges. (WSJ)
Sumner Redstone's National Amusements, which holds 80 percent of Viacom (VIAB) voting shares, has started looking for potential board members for Viacom. This follows the ouster of Viacom chief Philippe Dauman and a board member from the National Amusements board. (WSJ)
Tom Perkins, who nurtured Silicon Valley's venture capital industry into a force that helped foster the growth of companies like Alphabet's (GOOGL) Google unit and Amazon (AMZN), died Tuesday night at his California home. He was 84. (NY Times)
A public memorial service will be held today for boxing great Muhammad Ali, with former president Bill Clinton and comedian Billy Crystal delivering eulogies. Movie star Will Smith, who played Ali, will be a pallbearer. A Muslim service for Ali was held Thursday. (AP & ESPN)
BY THE NUMBERS
The week ends with a few key numbers, including the University of Michigan's mid-June consumer sentiment index at 10 a.m. ET; the weekly oil rig count for North America from Baker Hughes at 1 p.m. ET; and the Treasury's May budget statement at 2 p.m. ET.
STOCKS TO WATCH
H&R Block (HRB) reported an adjusted quarterly profit of $3.16 per share, a penny above estimates. Revenue was also slightly above estimates. The tax preparation firm also announced a 10 percent dividend increase.
Mattress Firm (MFRM) lost an adjusted 10 cents per share, 6 cents wider than estimates. Revenue was also short. The mattress seller also warned on its current quarter and full-year.
Urban Outfitters (URBN) said current quarter same-store sales are falling by a "mid single-digit" percentage. That projection, in an SEC filing, compares to consensus forecasts for an increase of 1.1 percent.
Medtronic (MDT) won a $1.4 billion tax dispute, prevailing against the IRS in a battle over how much the medical device maker's profits should be taxed by Puerto Rico and normal U.S. corporate tax rates.
WATERCOOLER
Jennifer Lawrence will play Elizabeth Holmes, founder of Theranos, in an upcoming movie about the blood-testing startup that's fallen to pieces over its allegedly questionable proprietary technology. (Deadline)
Pharma bad boy Martin Shkreli, who is facing serious federal securities fraud charges, is blocking reporters who followed him on Twitter in recent days on the heels of his most recent court hearing. (CNBC)
Soccer's European Championship, known as Euro 2016, kicks off in host nation France today. France faces Romania in the opening match. Meanwhile, Copa America 2016 continues in the United States, with Chile and Argentina in action tonight. (USA Today)