Trump's ratings on trade reportedly don't fare much better in key industrial states — which carried him to victory in 2016 and are crucial for his 2020 reelection bid, but...Politicsread more
Treasury Secretary Steven Mnuchin says he has spoken with a top Walmart executive about how it can keep prices low amid the U.S.-China spat.Marketsread more
When the Fed releases minutes of its last meeting on Wednesday afternoon, it risks sounding a bit hawkish.Market Insiderread more
China is considering cutting natural gas purchases from the U.S. in its tit-for-tat on trade, according to the South China Morning Post.Marketsread more
Tesla's latest version of its Navigate on Autopilot feature could be a potential safety risk for drivers as it requires substantial human intervention, according to findings...Autosread more
Target's CEO thinks the retail industry is shaking out to show clear winners and losers. Those companies that are investing in stores and online are winners, he said.Retailread more
Such a move could provide a buffer against any economic weakness that the U.S.-China trade war could cause.The Fedread more
Morgan Stanley caused a stir with its "bear case" scenario of $10. Now, Citi is getting in on the act.Investingread more
A federal judge grants an injunction ordering Qualcomm to renegotiate its licensing agreements.Technologyread more
Shares of Luckin Coffee fell Wednesday morning, joining the likes of Uber and Lyft by dropping below its initial public offering price days after its debut.Restaurantsread more
Apple's China business accounted for more than 17% of its sales in its fiscal second quarter, coming in at $10.22 billion.Marketsread more
Boeing (BA) signed a tentative agreement, valued at potentially $25 billion, to sell jetliners to Iran, in what would be one of the Islamic republic's biggest deals with a U.S. manufacturer since trade sanctions on Tehran were eased. (WSJ)
Under fire from investors, SoftBank President Nikesh Arora is stepping down, marking an abrupt end to the tenure of founder and Chief Executive Masayoshi Son's handpicked successor. Arora, a former Google executive, was recruited two years ago. (WSJ)
Chinese internet giant Tencent Holdings and its partners are planning to pay more than $8 billion for more than 80-percent of Supercell Oy, the Finnish video game maker of the popular "Clash of Clans" title. SoftBank and Supercell employees are the sellers. (WSJ)
Wal-Mart (WMT) is selling its Chinese online business to that country's No. 2 e-commerce site, JD.com (JD), creating a strategic partnership the U.S. retail giant hopes will bolster its presence in the world's second-largest economy. (AP)
Donald Trump and the Republican National Committee brought in about $18.6 million in May, including another loan from the billionaire candidate. Meanwhile, Hillary Clinton and the Democratic National Committee raised more than double that. (AP)
Clinton opened an 8-point lead over Trump in Florida, the largest of the presidential swing states, and erased a small Trump lead to create a dead heat in Ohio. Pennsylvania remained too close to call, according to the latest Quinnipiac University Swing State Poll.
In an address in Ohio today, Clinton plans to portray Trump as an erratic and unfit steward of the nation's economy, making the case workers would bear the brunt of the businessman's policies. The former secretary of state blasted trump on foreign policy earlier this month. (AP)
Michael Steven Sandford, a 19-year-old British national, arrested over the weekend trying to wrestle a gun from a police officer at a Las Vegas Trump rally told an investigator he wanted to kill the candidate, according to court papers. (Reuters)
The unexpected firing of Trump's campaign manager, Corey Lewandowski, triggered the resignation of New York campaign director Michael Caputo. Caputo stepped down after tweeting "Ding dong the witch is dead, " in reference to Lewandowski's dismissal. (CNBC)
Four gun policy measures failed to pass the 60-vote threshold to move forward in the Senate last night, following impassioned debate from both sides of the political aisle, in the wake of the June 12 Orlando gay nightclub massacre. (NBC News)
The U.S. is on track to spend $2.6 trillion less on health care over a five-year period than was originally projected after the passage of Obamacare, according to a new Urban Institute study. (CNBC)
The Obama administration is on the verge of approving routine commercial use of small drones, after years of struggling to write rules to protect the public and free the benefits of a new technology. The FAA is expected to announce the rules as early as today. (AP)
The public pension fund for Boston municipal employees filed a bondholders proposed class action lawsuit against Volkswagen. The Boston Retirement System claims "artificially inflated" bonds declined after the automaker's diesel emissions scandal was revealed. (Reuters)
Fed Chair Janet Yellen delivers the first part of her semiannual testimony on the economy and monetary policy before the Senate Banking Committee at 10 a.m. ET. Yellen concludes her testimony before the House Financial Services Committee tomorrow.
Earnings after this afternoon's closing bell on Wall Street include FedEx (FDX), Adobe Systems (ADBE), and KB Home (KBH).
Homebuilder Lennar (LEN) this morning reported better-than-expected earnings and revenue. Lennar stock has dropped 4.6 percent so far this year, compared to the S&P 500's nearly 2 percent advance.
Facebook (FB) chief Mark Zuckerberg has decided to keep on the social network's board Peter Thiel, the Silicon Valley billionaire who recently succeeded in his efforts to bankrupt Gawker in the wake of the $140 million judgment in the Hulk Hogan case. (Recode)
Billionaire investor Bill Ackman is stepping up his campaign against Herbalife (HLF), releasing a video that the hedge fund manager said illustrated predatory recruiting practices. Ackman has shorted the nutritional supplement firm. (Reuters)
The Williams Companies (WMB) is asking a judge to force Energy Transfer Equity (ETE) to complete their $20 billion merger. The two sides are sparring over a tax dispute that could sink the deal.
Netflix (NFLX) said service issues that apparently caused a major outage have been resolved. Reports of problems on the U.S. East Coast surged Monday afternoon.
McKesson (MCK) has held talks to merge its IT unit with health care technology firm Change Healthcare, according to Reuters. A deal would create a company worth more than $10 billion.
Chipmaker Marvell Technology (MRVL) named a new CEO. The company's co-founders stepped down a couple months ago, after an investigation raised questions about management's operating style.
Caterpillar (CAT) said its global retail sales declined 12 percent for the three months ended in May. The heavy equipment giant cites a long global slowdown in the construction and mining sectors.
The U.S. soccer team takes on Lionel Messi and Argentina in the semifinals of Copa America tonight. The Americans will do so without the services of three regular starters due to suspension or yellow card accumulation. (USA Today)
The emoji family is getting new additions. Seventy-two new icons are out today, including bacon, pancakes, a bat, a rhino, face plam, and fingers crossed. (USA Today)