Boeing will take a nearly $5 billion charge in the second quarter to compensate 737 Max customers as the planes remain grounded.Airlinesread more
Earlier, Williams delivered a speech at the annual meeting of the Central Bank Research Association in which he said, "It's better to take preventative measures than to wait...The Fedread more
Microsoft beat on top and bottom lines, and guidance was just ahead of expectations, but the company's Azure growth is slowing down.Technologyread more
"We've seen Netflix stumble before, especially maybe after a price hike, but not quite like this," Jim Cramer says.Mad Money with Jim Cramerread more
Trump said the USS Boxer destroyed Iran's drone in the Strait of Hormuz on Thursday in a "defensive action."Politicsread more
They also voted to absolve themselves, their party and the voters who elected them – like the ones Trump inspired to chant "send her back" at a rally Wednesday in North...Politicsread more
See which stocks are posting big moves after the bell on July 18.Market Insiderread more
House Democrats contend the $15 per hour minimum wage bill will lift workers who have not seen the benefits of a strong economy.Politicsread more
The Philadelphia Fed saw its primary gauge measuring the sector jump from 0.3 in June to 21.8, far better than Wall Street estimates of 5 and the highest in a year.Economyread more
"It's better to take preventative measures than to wait for disaster to unfold," Williams told the annual meeting of the Central Bank Research Association.The Fedread more
CrowdStrike reports first earnings report since IPO.Technologyread more
Some simple deal math has stumped Elon Musk. Lazard spotted a $400 million error in valuation calculations SolarCity used in its $2.6 billion sale to Tesla. Musk, who is chairman of both companies, orchestrated the merger, one fraught with controversy over governance, finances and industrial logic. These sorts of numbers aren't exactly rocket science.
Chalk up the mistake to a modeling error. Amid the data dump SolarCity sent to its investment bankers was a double-counting of how much debt the company reckoned it might have in the future, according to merger documents submitted to securities regulators on Wednesday. Lazard discovered the problem in mid-August, shortly after the transaction was announced and SolarCity released second-quarter results.