These are the stocks posting the largest moves before the bell.Market Insiderread more
More and more American firms are calling for the Trump administration to resolve its conflict with China.World Economyread 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
Target CEO Brian Cornell apologized to customers for a disappointing weekend after the company experienced outages that shut down its cash registers and credit-card processors...Retailread 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
American Airlines is ordering Airbus' new A321XLR, according to a source familiar with details of the agreement.Paris Air Showread more
Huawei CEO Ren Zhengfei tells CNBC the company's business is still strong in China.Technologyread 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
But BlackRock's global fixed income chief also says he doesn't think the Fed will announce a rate cut until July.Market Insiderread more
Panera Bread has been testing a menu specifically for dinner and plans to expand the pilot to a new market next month.Restaurantsread more
American Airlines pilots plan to tell lawmakers they are still concerned about fixes to grounded Boeing 737 Max planes.Airlinesread more
On Wednesday morning, Uber investor Shervin Pishevar published a letter ahead of a hearing in the lawsuit fellow Uber investors Benchmark filed against former CEO Travis Kalanick. Pishevar is on Kalanick's side.
That hearing is already done, and the judge sent the case to arbitration, as Kalanick had pressed for.
But the is still getting some for its florid language, including passages like, "We write with the souls of thousands of lives saved, the lives of millions of jobs created liberating multitudes of drivers from the shackles of servitude to iniquitous taxi cartels of corrupt cabals that choked cities with their pollution of air and morals."
CNBC's Jon Fortt interviewed Pishevar on Wednesday for his Fortt Knox series, and got the investor to read the letter in his own voice.
To recap, quickly: Benchmark sued Kalanick to try and get him to step down from Uber's board, claiming that he misled the firm about what was happening at the company and illegally created three new board seats. Kalanick argued the case was bogus and should be sent to arbitration, and Pishevar intervened on Kalanick's side.
Meanwhile, Uber's board on Sunday overcame its divisions to name former Expedia CEO Dara Khosrowshahi to the CEO spot vacated by Kalanick. Khosrowshahi on Wednesday afternoon, and starts work next Tuesday.
Here's Pishevar's appearance on CNBC from earlier in the day, where he called Khosrowshahi a perfect choice for Uber's CEO: