Talk about 5G is everywhere right now, from the trade war with China to the ban on Huawei. Here's what 5G is and why it matters.Technologyread more
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Shares of L Brands, the owner of Victoria's Secret and Bath & Body Works, rose nearly 11% in aftermarket trading Wednesday after the company reported it beat revenue and...Retailread 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
Officials remained firmly committed to a "patient" policy stance at their meeting earlier this month.The Fedread more
A slew of retail earnings the past two weeks makes it clear that while Americans continue to shop, they aren't ringing registers at department stores.Retailread more
Stocks that would benefit from a federal infrastructure spending program fell after President Trump ended a meeting on infrastructure spending with Democratic leaders.Market Insiderread more
Controversial lawyer Michael Avenatti was indicted on charges of trying to extort athletic shoe giant Nike out of tens of millions of dollars by threatening to go public with...Politicsread more
Despite the president's claim that "you can't investigate and legislate simultaneously," certain must-pass pieces of legislation, including a debt ceiling hike, will...Politicsread more
Moody's said it's downgrading the outlook for Equifax from stable to negative, citing ongoing fallout from the company's 2018 data breach.Technologyread more
Amazon shareholders demanded the company to take action on a number of different issues during its annual shareholder meeting on Wednesday.Technologyread more
Check out which companies are making headlines before the bell:
Baidu — The Chinese internet search provider was under pressure after slashing revenue projections for its fiscal second quarter. The firm now sees second-quarter sales to come in between $2.81 billion and $2.82 billion, compared to a previous guidance of between $3.12 billion and $3.19 billion.
Microsoft — The tech giant unveiled a new Xbox console that will support virtual reality and ultra-high resolution at E3, a video game conference. "Project Scorpio" will be available in 2017, Microsoft said.
Zimmer Biomet —The medical device maker said its secondary offering of 11.1 million shares priced in at $115.85. The stock was down about 2.4 percent in premarket trading.
Staples — Staples launched a same-day delivery service in eight major cities, including New York, Boston, and Dallas. The office supplies retailer said orders placed by 3 p.m. local time would be delivered by 7 p.m., "initially for a fee of $14.99 per delivery."
Viacom — Manuela Herzer, Chairman Sumner Redstone's ex-girlfriend, asked for a new trial in Redstone's competency case, according to the Los Angeles Times. Herzer's last trial against Redstone was dismissed after a judge determined Redstone was competent.
Nissan — The Japanese automaker said it was developing fuel cell vehicle technology using ethanol as a hydrogen source in what would be an industry first.
Alibaba — Alibaba said it expects to nearly double its volume transaction by 2020, adding that is sees revenue rising by about 50 percent by fiscal year 2017.
GlaxoSmithKline — The drugmaker's chairman of vaccines, Moncef Slaoui, will be retiring by June 2017.
— Reuters contributed to this report.