The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
Leaked documents from Google give fresh ammo to conservative lawmakers who have already accused Google and other tech companies of political bias.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
Stasior left Apple earlier this year. Prior to his time in charge of Siri, he was a top executive at Amazon.Technologyread more
Check out which companies are making headlines before the bell:
Home Depot — Nomura upgraded the home improvement retailer's stock to "buy" from "neutral," saying the company is gaining market share and competitive advantages, as well as benefiting from an improving overall market.
BlackBerry — BlackBerry posted a breakeven quarter, compared to consensus estimates of an eight cents per share loss, but revenue was well below forecasts. The company did give a full-year forecast that calls for a loss of 15 cents per share, smaller than consensus, and said it is on track for 30 percent growth in software and services.
Accenture — The consulting firm matched estimates with earnings of $1.41 per share for its third quarter, with revenue exceeding Street forecasts. It also raised its full-year earnings forecast, as margins expand and new bookings grow.
Valeant Pharmaceuticals — The drugmaker's stock was cut to "neutral" from "overweight" at JPMorgan Chase, which cites ongoing core product challenges.
Boeing — Morgan Stanley began coverage on Boeing with an "overweight" rating, citing significant margin expansion opportunity, as well as the stock's recent underperformance. Separately, CEO Dennis Muilenburg said demand for passenger jets is getting stronger, telling French newspaper Le Figaro that there will be demand for 38,000 new jets over the next 20 years.
Bed Bath & Beyond — The retailer reported quarterly profit of 80 cents per share, six cents a share below estimates. Revenue also missed the mark as comparable store sales fell by 0.5 percent during the quarter. However, the company did affirm its prior profit outlook for the full year.
Intuit — Goldman Sachs added the financial software maker to its "Conviction Buy" list, saying Intuit is doing a better job of retaining customers and due to increased confidence in subscriber growth for the company's QuickBooks Online service.
Twilio — Twilio will begin trading today on the New York Stock Exchange after pricing its initial public offering at $15 per share, above the expected range of $12 to $13 per share. The company is a provider of tools for app developers.
Red Hat — Red Hat earned an adjusted 50 cents per share for its latest quarter, matching Street estimates, with revenue also above forecasts. However, the distributor of Linux software gave a weaker-than-expected current-quarter outlook due to costs related to its newly announced acquisition of software provider 3scale. Red Hat also announced a $1 billion share repurchase program.
Barnes & Noble — Barnes & Noble said sales at existing stores should be flat to up one percent for the current fiscal year, as the bookstore operator moves to increase customer traffic. That's a better outlook than some analysts had been expecting.
Bank of America — The bank is near a settlement with the Securities and Exchange Commission in a case involving the safeguarding of client accounts, according to The Wall Street Journal. The paper said the settlement is expected to be in the range of $400 million to $450 million.
Royal Bank of Scotland — RBS has gotten a number of bids for its Greek shipping finance business, according to Reuters, in a possible sale that could be worth up to $3 billion.
Viacom — Ousted directors can remain on the board for now, according to a Delaware court judge's decision, until a final determination is made on controlling shareholder Sumner Redstone's mental competence. Redstone moved to replace five directors last week and his National Amusements petitioned the court to affirm the move, but those directors filed suit to invalidate the dismissals.
General Electric – GE reached an agreement to sell its French consumer credit unit, GE Money Bank, to private-equity firm Cerberus, pending approval by regulators.
Amazon.com — Amazon was fined $130,000 by the Federal Aviation Administration for allegedly mishandling shipments of dangerous chemicals.