Tensions between Japan and South Korea come as the U.S. and its trading partners are embroiled in a global trade war.Technologyread more
The one-to-eight stock split would mean the current number of ordinary shares — which stands at 4 billion — will increase to 32 billion. It comes ahead of a reported Hong Kong...Asia Marketsread more
Minutes from the Reserve Bank of Australia's monetary policy meeting in July showed the central bank was ready to adjust interest rates if required.Asia Marketsread more
Current and former Tesla employees working in the company's open-air "tent" factory say they felt pressure to take shortcuts to hit aggressive Model 3 production goals,...Technologyread more
China's fiscal spending increased 10.7% in the first six months from a year earlier, the finance ministry said on Tuesday, underlining the government's bid to support the...China Economyread more
The findings by McKinsey and Company come amid a year-long tariff fight between the U.S. and China, which has spilled into areas such as technology and security.China Economyread more
Microsoft's considerable reach into the corporate world isn't something Slack CEO Stewart Butterfield is very concerned about.Technologyread more
Von der Leyen, one of the longest serving ministers in Germany, has tried to woo European lawmakers over the last two weeks.Europe Newsread more
A devastating outbreak of African swine fever that has killed millions of pigs in China is changing attitudes in a country where farm hygiene has often been seen as lax by...Livestockread more
In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread more
President Donald Trump and the RNC are picking up key supporters in the business community who did not back him as a candidate in 2016.2020 Electionsread more
Amazon (AMZN) is holding its second annual Prime Day today, promising to serve up 100,000 deals across almost all product categories. During the event last year, users purchased 34.4 million items, more than Black Friday sales. (Washington Post)
Tesla (TSLA) is under investigation by the SEC for failing to immediately report a fatal May crash involving a vehicle operating in autopilot mode, according to the Wall Street Journal. Tesla told CNBC in a statement it had not received any communication from the SEC on the matter.
Facebook (FB) and Microsoft (MSFT) are expected to announce a deal today for Facebook to use Microsoft's Office 365 cloud software. Facebook employees use Facebook at Work internally. But email still has its place, said the social network. (WSJ-subscription)
Niantic Labs, the developer of the sudden smash-hit Pokemon Go, said it never intended for the game based on Nintendo's popular franchise to get full access to the Google accounts of iOS users. Niantic said it's working on a fix. (The Verge)
AMC Entertainment (AMC) is buying London's Odeon & UCI Cinemas Group from private equity firm Terra Firma in a deal valued at about $1.21 billion. AMC also said it remains committed to its deal to acquire U.S.-based Carmike Cinemas. (CNBC)
Starbucks (SBUX) is increasing U.S. prices 10 to 20 cents on select sizes of brewed coffee, and 10 to 30 cents on espresso beverages and tea lattes. The average customer order is expected to be about 1 percent higher. (CNBC)
JPMorgan (JPM) boss Jamie Dimon, in an op-ed today, wrote: "We must find ways to help [Americans] move up the economic ladder, and everyone — business, government and nonprofits — needs to play a role. At JPMorgan Chase, we're starting by giving thousands of employees a raise." (NY Times)
Bank of England Gov. Mark Carney denied allegations today the central bank tried to frighten the British electorate into voting to remain in the European Union by using "phony forecasts and scare stories." (CNBC)
Judges at an international arbitration tribunal today rejected China's claims to economic rights across large swathes of the South China Sea in a ruling seen as a victory by the Philippines. But China has said it will not be bound by any ruling. (CNBC)
President Barack Obama speaks at a prayer service in Dallas today, after a week of unrest across the country that left both civilians and police officers dead. Vice President Joe Biden and former president George W. Bush join Obama. (USA Today)
Attorney General Loretta Lynch is slated to testify before the House Judiciary Committee today, her first appearance on Capitol Hill since she announced Hillary Clinton won't be prosecuted for sending classified information on a private, unsecured email system. (USA Today)
The Republican chairs of two House committees are asking the Justice Department to launch an investigation into whether former Secretary of State Clinton committed perjury during testimony to Congress about her use of a private email server. (Reuters)
Clinton's lead over Republican Donald Trump narrowed to 3 points this week after several days of controversy in the wake of FBI Director James Comey's recommendation that no criminal charges be brought against the candidate in the private email server matter. (NBC News)
Bernie Sanders teams up with Democrat rival Clinton on the presidential campaign trail for the first time today, joining her at a New Hampshire event, where he's expected to announce his endorsement in a belated show of party unity. (Reuters)
Trump campaigns tonight in Indiana with the state's Republican governor Mike Pence, who's been mentioned as a leading candidate to become the billionaire's vice presidential running mate. The Republican convention starts next week. (IndyStar)
In addition to Mester's comments, a trio of central bank officials are set to deliver remarks today. Fed Gov. Daniel Tarullo speaks at 9:15 a.m. ET. St. Louis Fed President James Bullard speaks at 9:35 a.m. ET. Minneapolis Fed President Neel Kashkari speaks at 6:30 p.m. ET.
The Labor Department is out at 10 a.m. ET with its Job Opportunities and Labor Turnover Survey (JOLTS) for May. The Commerce Department issues its May wholesale trade report at the same time.
The National Federation of Independent Business said its small business optimism index rose slightly last month to a 94.5 reading, a better than expected increase. But it remained below the 42-year average of 98.
There are no major profit reports out this morning or after today's closing bell. But late Monday, in what's seen as the unofficial start of earnings season, Alcoa (AA) beat on the top and bottom lines. The aluminum producer expects strong, double-digit growth in 2017.
Sage Therapeutics (SAGE) said its experimental drug to treat severe postpartum depression met the main goal of alleviating symptoms more than a placebo in a mid-stage study. Shares of the Sage were surging about 40 percent in the premarket.\
Dublin-based Shire (SHPG) won U.S. approval for its new dry eye treatment Xiidra, and expects to launch the drug during the current quarter. Last month, Shire completed its $32 billion acquisition of U.S. rare diseases specialist Baxalta.
Seagate Technology (STX) is cutting 6,500 jobs, or about 14 percent, of its global workforce. The disk drive maker's move comes only a few weeks after it announced the reduction of 1,600 jobs. Seagate also boosted its revenue guidance.
United Continental (UAL) reported a 6.5 to 6.75 percent drop in passenger unit revenue in the recently concluded quarter, a smaller than expected drop. United also said fuel prices during the second quarter were slightly higher than it had previously expected.
R.R. Donnelley (RRD), a provider of digital and print technology solutions, is in talks to be acquired by Xerox (XRX), according to a Bloomberg report. The deal could be announced before Xerox executes its previously announced split into two separate companies.
Taylor Swift pulled in $170 million over the past year, giving her the No. 1 spot on the 2016 Forbes Celebrity 100 list. Boy band One Direction was second with $110 million and author James Patterson was third with $95 million.