Many investors and analysts have increasingly lowered their expectations for the U.S. and China to find a quick resolution.World Economyread more
Billionaire investor Howard Marks, the co-chairman of Oaktree Capital, predicts there won't be a recession in the U.S. for another two years.US Economyread more
Network officials also said voters should expect more of a Koch focus on grassroots activism throughout the 2020 election cycle.Politicsread more
One person was killed and five others wounded on Thursday in a shooting on the streets of Washington, D.C., not far from the White House, police said.U.S. Newsread more
Stores are extending hours and cities are spending on light shows as China tries to encourage consumers to spend more money at night.China Economyread more
New research suggests fewer girls pursue careers in STEM — science, technology, engineering and math — because they're better than boys at reading.Closing The Gapread more
Stocks in Asia Pacific edged up in Friday afternoon trade as a series of developments overnight on the U.S.-China trade front dampened hopes of a deal being reached between...Asia Marketsread more
GM's usage of temporary workers, potential closure of plants and health care contributions remain major sticking points, according to people familiar with the talks.Autosread more
In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
Trump has criticized Facebook numerous times since becoming president, most recently posting on Twitter that the company's proposed digital currency, libra, will "have little...Technologyread more
Republicans and Democrats have long since separated themselves by ideology, leaving each more uniformly conservative or liberal than ever. And now a new data analysis by the...Politicsread more
Check out which companies are making headlines before the bell:
Best Buy – The electronics retailer came in six cents a share above estimates, with adjusted quarterly profit of 69 cents per share. Revenue also came in above forecasts. Same-store sales were up 5.4 percent, beating the consensus Thomson Reuters estimate of a 2.2 percent gain. Best Buy's results were helped by growing sales of smartphones, connected home devices, and wearable fitness devices.
Merck – A study showed an experimental Merck cholesterol drug cut heart attack and death risk by nine percent. Merck said it had not yet determined whether to seek approval in the U.S. and other markets for the drug.
Finish Line – Finish Line cut its profit forecast for the current fiscal year to 50 to 60 cents per share from the prior $1.21 to $1.23 a share, saying sales and profit margins would continue to be pressured. The sporting goods retailer also adopted a shareholder rights plan that would be triggered if any party takes a 12.5 percent stake. Finish Line's news is also pressuring shares of others in the retail sports space, including Nike, Dick's Sporting Goods, Under Armour, and Foot Locker.
AstraZeneca – The drugmaker will partner with Japan's Takeda to co-develop an early stage Parkinson's disease treatment, and will receive up to $400 million from Takeda as part of the deal.
Praxair – Praxair and Germany's Linde received a second request from the Federal Trade Commission for information on their planned $74 million merger. The industrial gas makers said they were cooperating with the request and still expect the deal to close in the second half of next year.
BHP Billiton – The mining company intends to sell its nickel division at some point, according to a story in today's London Times.
Catalent – Catalent reported adjusted quarterly profit of 65 cents per share, eight cents a share above estimates. The drug delivery technology company's revenue was also well above Street forecasts. The company said it benefited both from growing organic sales, as well as its prior strategic acquisitions.
HD Supply – The industrial-products distributor announced a new $500 million share repurchase program.
Movado Group – The watch designer reported adjusted quarterly profit of 43 cents per share, 20 cents a share above estimates. Revenue surpassed forecasts. The company also announced a new $50 million stock buyback program. Movado said it was pleased with the quarterly in light of a "challenging" retail environment, echoing what's been a popular sentiment among retailers.
J. Jill – The women's apparel retailer posted adjusted quarterly profit of 29 cents per share, one cent a share above estimates. Revenue exceeded forecasts, as well. Comparable-store sales rose 7.8 percent, exceeding the consensus Thomson Reuters forecast of 7.4 percent.