In a closed-door meeting at a Manhattan mansion, executives outlined changes to controversial software that was implicated in two crashes.Aerospace & Defenseread 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
Amazon workers in Minnesota and Germany are striking as Prime Day kicks off, in a stand against working conditions and wage practices. The action in Minnesota represents the...Retailread more
Treasury Secretary Steven Mnuchin is raising red flags ahead of Facebook's proposed cryptocurrency launch.Marketsread more
Epstein is accused of sexually exploiting dozens of underage girls from 2002 through 2005 at his New York and Florida residences. He is a former friend of Presidents Donald...Politicsread more
When you think of Prime Day, you might be thinking about deals on Instant Pots and Amazon Echo devices — not half-off dresses and designer heels. But the market for apparel...Retailread more
David Marcus, the head of Facebook's digital currency project, said the company expects Libra will drive more advertising revenue for the company.Technologyread more
Some White House officials expect the Cabinet secretary, who has known the president for years, to depart as soon as this summer.Politicsread more
"The important thing is that you shouldn't try to hit homeruns this week, because you're much more likely to end up striking out," Jim Cramer says.Mad Money with Jim Cramerread more
Reps. Ilhan Omar, Ayanna Pressley, Alexandria Ocasio-Cortez and Rashida Tlaib said Trump challenged them personally because he was not able to defeat them on the policy level.Politicsread more
A financial disclosure made by lawyers for Jeffrey Epstein, a former friend of presidents Donald Trump and Bill Clinton, reveals he has nearly $560 million in assets.Politicsread more
Check out which companies are making headlines after the bell:
United Continental — The airline reported December 2016 revenue passenger miles increased 2.6 percent from the same period the prior year. United also said it now expects fourth quarter consolidated passenger unit revenue to decline 1.25 percent to 1.75 percent, versus the prior forecast of a 3 to 4 percent decline. The company said in a release the improvement " is due to stronger than expected close-in bookings and yields during the month of December."
Shares were more than 1.5 percent higher in extended-hours trade.
Parsley Energy — The firm said it has agreed to acquire oil and gas producing properties in the Permian Basin for $607 million in cash and would finance the purchase with an underwritten public offering of 20 million Class A shares. Parsley also said it forecast production growth of nearly 60 percent in the coming year versus 2016.
Shares fell more than 4 percent in after-hours trade.
Veeco Instruments — The company gave fourth-quarter earnings per share guidance of 4 cents to 10 cents, ex-items, topping the 1 cent estimate from FactSet. Veeco, whose technologies enables the manufacture of LEDs and semiconductors, forecast fourth-quarter revenue in a $91 million to $95 million range, roughly in line with the FactSet estimate of $93.4 million. Separately, the firm announced the public offering of $200 million of convertible senior notes due in 2023.
Shares declined nearly 2 percent in after-hours trade.