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
BlackRock's global fixed income chief says the European Central Bank just turned up the pressure on the Federal Reserve to more toward easier policy.Market Insiderread more
Global watchdogs and top U.S. Congress members are calling for oversight of a digital asset being launched by Facebook and roughly two dozen other stakeholders.Marketsread 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
Mortgage applications were down 3.4% from the previous week, but still up 31.6% from a year earlier, according to the Mortgage Bankers Association.Real Estateread 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
Zuckerberg fell out of Glassdoor's top 20 CEO ranking for the first time, although his employee approval rate remains high.Technologyread more
Ford announced that the 2020 Mustang Shelby GT500 has 760 horsepower and 625 lb.-ft of torque, which it says makes this the most powerful street-legal Ford. The car is not yet...Autosread more
Check out which companies are making headlines before the bell:
Sempra Energy – Sempra for $9.45 billion in cash. Under terms of the deal, Sempra will own about 60 percent or Oncor's holding company, Energy Future Holdings. Sempra beat out Warren Buffett's Berkshire Hathaway, which had a $9 billion bid in place.
ADP – The payroll processing company's board unanimously voted not to nominate any of Pershing Square's three director candidates, following interviews with each. It said none of the candidates bring any additional skills or experience to the board. Pershing Square owns 8.3 percent of ADP and has called on CEO Carlos Rodriguez to be replaced.
Fiat Chrysler – The automaker denied a Reuters report that it is drawing buyout interest from China's Great Wall Motor, according to an unnamed company. Automotive News had reported last week that an unidentified "well-known Chinese automaker" had made an offer earlier this month. Fiat Chrysler said it had not been approached by Great Wall and that it is fully committed to its 2014-2018 business plan.
The Container Store – The maker of home and office storage products cut its full-year earnings outlook to 27 cents to 40 cents a share from the prior guidance of 37 cents to 49 cents a share, compared to the consensus estimate of 37 cents. The cut follows the announcement of an amendment to the company's senior secured debt, which will increase its interest costs.
Novartis – The drugmaker has begun clinical trials of an experimental drug that could be the first new malaria drug in many years.
Goldman Sachs – Goldman received approval for a license to trade equities in Saudi Arabia. The Saudi government had eased restrictions last year on foreign ownership in its stock market.
Electronic Arts – The video game maker is partnering with the National Football League to create an annual video game tournament.
Starbucks – Starbucks got a positive mention in this weekend's Barron's, which noted that the coffee chain's mobile order-and-pay feature has become extremely popular with customers and that the stock is at one of its cheapest valuations in years. The paper said the stock could rise 20 percent or more over the next 12 months.
Nike – Nike was downgraded to "hold" from "buy" at Jefferies, which also cut its price target on the stock to $60 from $75. Nike fell more than four percent Friday after athletic apparel and footwear retailer Foot Locker posted top-and-bottom line miss. Jefferies said Nike will face growing margin and growth pressure, putting its premium valuation in question.
Wal-Mart – The retail giant for a flying warehouse and a team of drones, as it seeks to improve delivery times and effectively compete with Amazon.com, which last year filed a patent for an "airborne fulfillment center."
Westlake Chemical – The chemical maker increased its quarterly dividend by nearly 10 percent to 21 cents per share.