The trucking industry is worth hundreds of billions of dollars per year. Uber is going after this market with Uber Freight, an online platform that matches truckers with...Technologyread more
Drone strikes attacked an oil processing facility at Abqaiq and the nearby Khurais oil field on Saturday.Marketsread more
Trump said oil would be released if needed to keep the market well supplied and he would expedite the approval of pipelines in Texas and other states.Marketsread more
Saudi Aramco is aiming to restore by Monday about a third of its crude output that was disrupted after drone attacks on two key oil facilities, The Wall Street Journal...Marketsread more
Apple's new iPhones can still send texts, download apps, and make video calls, but the company spends a lot of time and effort marketing its new phones as powerful photography...Technologyread more
Some U.S. manufacturers say tariffs, if targeted, will help address longstanding unfair trade practices like intellectual property theft.Traderead more
Supporters of a $15 minimum wage ballot initiative in Florida argue the state's inflation-tied pay hikes have not gone far enough.2020 Electionsread more
Saudi Arabia shut down half its oil production Saturday after drone strikes hit the world's largest oil processing facility in an attack claimed by Yemen's Houthi rebels.Politicsread more
Trusii's hydrogen water machines were supposed to help users with their health problems, but customers claim the company is involved in a giant scam.Technologyread more
The decoupling of the world's two weightiest economies seems as inescapable as its extent and global impact remains incalculable.Politicsread more
BlackBerry has reinvented itself to become a leader in securing mobile communications and in embedded communications. Next year it plans to roll out new products. CEO John...Evolveread more
Check out which companies are making headlines after the bell on Tuesday:
Shares of Adobe jumped 4 percent after the bell Tuesday. The computer software company reported quarterly earnings of 75 cents per share, beating expectations of 72 cents per share. It's revenue of $1.46 billion narrowly beat estimates of $1.45 billion.
FedEx also released earnings after the bell today and saw its stock bump up 2 percent after beating both the top and the bottom lines. The delivery company reported first quarter earnings of $2.90 per share on revenues of $14.66 billion. Analysts had expected earnings of $2.81 on revenues of $14.61 billion.
FedEx also raised its full-year guidance by a dime on both the upper and lower end of its range. The company now expects earnings of $11.85 a share to $12.35 a share for fiscal year 2017, excluding one-time items tied to its integration of TNT Express.
Microsoft announced it is raising its quarterly dividend by 8 percent to 39 cents per share from the previous quarter's 36 cents per share. The company also approved a new $40 billion share buyback program, reaffirming it's on track to complete its current $40 billion stock repurchase program by December 31. Shares of the platform and productivity company saw modest gains of just over 1 percent in after-hours trading.
KB Home rounded out the earnings reports for the day. The homebuilder reported earnings of 42 cents on the share, beating analyst estimates of 39 cents per share. KB, however, missed on its revenues, reporting $913 million on an expected $945 million. The stock was up 3 percent after the bell.
Nu Skin Enterprises reached a resolution Tuesday with the SEC, ending its probe. The SEC found that the company's books and records and internal controls related to a 2013 charitable contribution in China were insufficient. Both sides agreed to a settlement of $765,688 to the SEC, but by agreeing to the settlement, the company neither admitted nor denied the SEC's findings. Shares of the stock were up 3 percent after the news.