Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Patrick Shyu, a former tech lead at Google, has posted a series of videos making fun of Facebook, where he worked as a software engineer until last month.Technologyread more
The measure to keep the government running through Nov. 21 now heads to the Senate, where McConnell has signaled he will back a temporary spending plan.Politicsread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
American Airlines struggled with flight delays and cancellations this summer, hamstrung by the grounded Boeing 737 Max and mired in a bitter labor dispute with its mechanics.Airlinesread more
Check out the companies making headlines after the bell on Monday.
Texas Instruments rose more than 5 percent after hours following the companies second-quarter earnings release. The company posted earnings of 76 cents per share on revenue of $3.27 billion, compared to analysts' expectations of 72 cents per share on revenue of $3.20 billion, according to a consensus estimate from Thomson Reuters. The company increased revenue from its "embedded processing" segment by 9 percent from the year-earlier. CEO Rich Templeton said, "[the] demand for [Texas Instruments] products continued to be strong in the automotive market, and grew in the industrial and communications equipment markets," resulting in growth of total revenue growth and increased earnings per share.
Gilead Sciences dropped roughly 4 percent after hours following its second-quarter earnings release. The company posted earnings of $3.08 per share on revenue of $7.78 billion, compared to analysts' expectations of $3.02 per share on revenue of $7.77 billion, according to a consensus estimate from Thomson Reuters. The company said products sales of its hepatitis C drugs fell to $4.0 billion from $4.9 billion in the year-earlier period, "primarily due to a decline in sales of Harvoni."
Las Vegas Sands rose in extended trading after releasing its second-quarter earnings. The company posted earnings of 52 cents per share on revenue of $2.65 billion, compared to analysts' expectations of 56 cents per share on revenue of $2.76 billion, according to a consensus estimate from Thomson Reuters. The company had a 9 percent decrease in revenue from the year earlier period. CEO Sheldon G. Adelson said, "We remain confident that our market-leading Cotai Strip properties, which will be complemented later this year by The Parisian Macao, targeted to open on September 13, 2016, about seven weeks from today, will continue to provide the economic benefits of diversification to Macao."
Sanmina fell roughly 9 percent after hours after the company released its quarterly earnings. Though the electronics manufacturing services provider met analysts' expectations of earnings of 63 cents per share, Sanmina's fourth-quarter guidance for EPS and revenue was slightly below analysts' estimates.