Secretary of State Rex Tillerson called on Russia today to realign with the U.S. and break ties with Syrian President Bashar Assad. Tillerson attended the G-7 meeting in Italy before flying to Moscow. (CNBC)
In an escalation of defiance over its missile program, North Korea is vowing respond to any military moves that might follow the U.S. decision to send an aircraft carrier battle group to waters off the Korean Peninsula. (AP)
President Donald Trump's economic advisory council, led by Blackstone's Stephen Schwarzman, is back to the White House today, with top executives from Wal-Mart (WMT), General Motors (GM), and Tesla (TSLA) expected to attend.
Tesla shares were higher in premarket trading after briefly passing GM as the largest U.S. automaker by market value. Tesla stock also hit an all-time high in Monday's session following an analyst upgrade. (CNBC)
Another Apple supplier is seeing its stock tank amid fears of losing a key contract. Anglo-German manufacturer Dialog Semiconductor fell 20 percent this morning after a financial analyst warned Apple may be working on its own battery-saving chip for the iPhone. (CNBC)
Less than three months after being sued by Apple (AAPL) for $1 billion, chipmaker Qualcomm (QCOM) is countersuing the iPhone maker in a dispute over licensing fees for mobile technology. (CNBC)
Shares of RetailMeNot were soaring nearly 50 percent in premarket trading after the online coupon firm agreed to be purchased by Harland Clarke for $555 million. RetailMeNot will become a privately held company. (PR Newswire)
Azul (AZUL) debuts today, after Brazil's third-largest airline raised $645 million in a dual IPO in Sao Paulo and New York. Azul was started in 2008 by JetBlue founder David Neeleman. (Reuters)
The report from Wells Fargo's board and executive compensation clawbacks are not the end of changes following the sales scandal, CEO Tim Sloan told CNBC. "We have much more work to do in terms of rebuilding trust," he said.
Alabama Gov. Robert Bentley has resigned in the wake of a sex scandal that staggered the state, brought him to the brink of impeachment, and prompted a series of criminal investigations. (NY Times)