Huawei CEO Ren Zhengfei said in an interview with CNBC the company's business is still strong in China.Technologyread more
The Fed is not likely to make a move on interest rates when it meets this week, but it should clear the way for a rate cut later in the summer.Market Insiderread more
U.S. President Donald Trump officially kicked off his reelection campaign Tuesday at a Florida rally where he exhorted thousands of rollicking supporters to keep advancing his...Politicsread more
Trump's remarks came a day before the Fed was set to announce its next decision on interest rates.Politicsread more
Sen. Josh Hawley, a well-known tech critic, introduced legislation on Wednesday that would remove the immunity big technology companies receive for user-posted content under...Technologyread more
Facebook's new cryptocurrency project, titled Libra and backed by the likes of Visa and Booking Holdings, is being widely embraced by market watchers.Trading Nationread more
Zuckerberg fell out of Glassdoor's top 20 CEO ranking for the first time, although his employee approval rate remains high.Technologyread more
The U.S. and China have imposed tariffs on billions of dollars' worth of one another's goods since the start of 2018.Traderead more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread more
Adobe expects fiscal third-quarter earnings and revenue that are below what analysts were looking for.Technologyread more
In a tweet, Trump said that he and Xi "had a very good telephone conversation," and that "our respective teams will begin talks prior to our meeting."Politicsread more
President Trump is warning North Korea about facing "fire and fury" if the isolated nation makes more threats against the United States. Last night, North Korea's state media said the country was considering a strategy to strike the U.S. Pacific territory of Guam. (CNBC & Reuters)
* North Korean nuclear weapons now they fit inside missiles (CNBC)
* Trump sets his own 'red line' and North Korea crossed it (CNBC)
* There are still 'no good options' for U.S. against North Korea (CNBC)
Secretary of State Rex Tillerson said he doesn't believe there is "any imminent threat" from North Korea, including to the U.S. territory of Guam. Americans should "have no concerns about this particular rhetoric of the last few days," he said. (AP)
The Trump administration appears to be granting Chinese banks dealing with North Korea a temporary reprieve from threatened U.S. sanctions to give Beijing time to show it is serious about enforcing new U.N. steps against Pyongyang. (Reuters)
With North Korea tensions mounting, Lockheed Martin (LMT), the Pentagon's No. 1 weapons supplier, said its customers want to defend themselves against possible incoming missile attacks and are increasingly asking about missile defense systems. (Reuters)
A car rammed into a group of soldiers in a Paris suburb today, injuring six before speeding off in what officials are investigating as a suspected terrorist attack. Two of the six soldiers hit were seriously wounded. (Reuters)
Netflix CEO Reed Hastings, who sits on Facebook's (FB) board of directors, wrote an email to fellow board member Peter Thiel, reportedly castigating him for his "catastrophically bad" judgment in supporting Donald Trump for president. (NY Times)
* Former 'Late Show' host David Letterman signs with Netflix (WSJ)
Fired Google engineer James Damore stands his ground on his explosive memo, which questioned the role of women in the tech industry. Damore said, "I have a legal right to express my concerns about the terms and conditions of my working environment." (NY Times)
Golfer Tiger Woods, arrested in May on a charge of driving under the influence after police found him asleep at the wheel of his Mercedes-Benz stopped on a Florida road, is due to be arraigned today. (Reuters)
Oprah Winfrey, whose endorsement and investment has breathed new life into Weight Watchers (WTW), is branching out into food branded under her own name in conjunction with Kraft Heinz (KHC). (USA Today)
Activist investor Morfit Mason and ValueAct sold about 7 million shares of Microsoft's (MSFT) stock over the past week, according to regulatory filings. The shares were sold at prices ranging from $72.50 to $72.61 each, valuing the stake at over $500 million. (CNBC)
Vantiv (VNTV) clinched its deal to buy Britain's Worldpay for $10 billion after a preliminary announcement last month and weeks of talks. The combined payment processing firm will take the Worldpay name. It'll be headquartered in Cincinnati. (CNBC)
There was no big winner in last night's $346 million Mega Millions drawing. The next Mega drawing is Friday. But tonight, $307 million is up for grabs for Powerball players. This is the first time ever the two jackpots topped $300 million at the same time.
Priceline Group (PCLN) earned an adjusted $15.14 per share for its latest quarter, beating estimates. Revenue also exceeded forecasts. However, bookings were slightly short of forecasts as were the travel website operator's current quarter earnings guidance.
TripAdvisor (TRIP) beat estimates by 8 cents with adjusted quarterly profit of 38 cents per share. Revenue also beat forecasts. However, the travel website operator cut its full-year 2017 guidance due in part to a shift to less profitable mobile device booking.
Hertz Global (HTZ) posted an adjusted quarterly loss of 63 cents per share, more than triple the estimate of a 20 cents per share loss. Revenue matched. Hertz said it's made significant progress in its turnaround plan, but cited challenging business environment.
TrueCar (TRUE) earned an adjusted 1 cent per share for its latest quarter, compared to forecasts of a breakeven quarter. The car-buying service's revenue beat forecasts as well. However, TrueCar issued weaker than expected full-year guidance.
Zillow (Z) earned an adjusted 4 cents per share for the second quarter, surprising analysts who had expected a 1 cent per share loss. The real estate website operator's revenue also beat forecasts, but shares were under heavy pressure.
Office Depot (ODP) missed estimates by 2 cents a share, with adjusted quarterly profit of 6cents per share. Revenue also missed forecasts. Office Depot also said it expects 2017 sales to be lower than they were a year ago, due to store closures and challenging market conditions.
Wendy's (WEN) beat estimates by 2 cents a share, with adjusted quarterly profit of 15 cents per share. Revenue also topped forecasts. Wendy's said about one-third of its global restaurants have been "re-imaged" as it continues a planned revamping.
After reliving Groundhog Day hundreds of times in the 1993 film, Bill Murray took in the Broadway musical version for the first time. He received an ovation from the crowd and posed for selfies. (NY Times)
Glen Campbell, the "Rhinestone Cowboy" singer whose sentimental ballads and catchy pop hits soothed America during the tumult of the 1960s and 1970s, has died after suffering with Alzheimer's. He was 81. (NBC News)