In a room full of avowed capitalists, policies that sound to some like socialism are bound not to go over well.Delivering Alpharead more
At least in terms of monetary policy, Pence says should be taking after other regions who keep their benchmark interest rates near zero.Delivering Alpharead more
AT&T isn't focused on selling or divesting DirecTV, despite pressure from stakeholder Elliott Management, sources tell CNBC.Technologyread more
Amazon's purchase comes as part of its plan to convert its delivery fleet to 100% renewable energy by 2030. The e-commerce retailer already runs 40% of its fleet on renewable...Autosread more
As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread more
Apple's iOS 13.1 will be released on Sept. 24, six days earlier than previously announced.Technologyread more
The plan will allow Medicare to negotiate lower prices on as many as 250 drugs and apply those discounts to private health plans.Health and Scienceread more
Hedge fund titan Leon Cooperman said he's concerned about a shift to the left in the political landscape, which could harm the economy and the stock market.Delivering Alpharead more
The move could bring a welcome salve to farmers caught in the crosshairs of the trade war if it results in a reopening of the market.Politicsread more
The pilot program will deliver food and beverage, over-the-counter medications and other items within minutes, the company said. Prescription deliveries will not be available.Health and Scienceread more
Check out the companies making headlines in midday trading:Market Insiderread more
Hurricane Maria, a category 3, thrashed parts of the Dominican Republic with heavy rain and high winds as it passed off its east coast this morning after making a direct hit on Puerto Rico that caused severe flooding and cut power to almost all the island. (Reuters)
The wiggling fingers of a young girl trapped in the quake rubble of her collapsed school in Mexico City raised hopes and prodded rescuers to work furiously hour after hour early this morning. At least 245 people have been killed after a powerful temblor struck the capital. (AP)
Senate Republicans announced plans to vote next week on their latest bid to scuttle Obamacare even as a popular comedian who has become part of the U.S. healthcare debate denounced the bill. Former President Obama warned of "real human suffering." (Reuters & CNBC)
*Sen. Graham overheard on phone call imploring colleague to vote for GOP health bill (AP)
*Trump endorses GOP senators' last-ditch Obamacare repeal plan (CNBC)
President Trump was met with silence when he congratulated the leaders of African countries on the continent's economic progress, telling them, "I've so many friends going to your countries, trying to get rich. I congratulate you. They're spending a lot of money." (CNBC)
S&P Global Ratings downgraded China's long-term sovereign credit rating by one notch to A+ from AA-, citing increasing risks from the country's rapid build-up of credit. S&P's downgrade follows a similar demotion by Moody's Investors Service in May. (Reuters)
Hackers roamed Equifax's computer network for more than four months before the company's security team uncovered the data breach, the Wall Street Journal has learned. Equifax sent the information in a note to some of its customers.
*Equifax tweets sent breach victims to phishing site (CNBC)
*Why the United States was wide open to a disaster like Equifax (CNBC)
The Securities and Exchange Commission disclosed that hackers penetrated its electronic system for storing public-company filings in 2016 and could have traded on the information. In a statement, SEC Chair Jay Clayton didn't provide much detail about the intrusion. (WSJ)
Twitter will meet with the Senate Select Committee on Intelligence staff next week in relation to inquiries into the 2016 U.S. election. The committee, along with other congressional committees and special counsel Robert Mueller, is investigating possible links between Trump's campaign and Russia. (Reuters)
Albertsons, one of the largest U.S. grocers, is acquiring meal kit service Plated, the company's first high-profile move since Amazon bought Whole Foods Market. The deal distinguishes Plated from the meal kit industry's largest competitor, Blue Apron (APRN), which was higher in the premarket.
Google announced that it signed a $1.1 billion cooperation agreement with Taiwanese smartphone maker HTC to bolster its smartphone and emerging hardware business. Under the agreement, Google will acquire a team of HTC employees. HTC will receive $1.1 billion in cash.
Apple (AAPL) admitted that its new Series 3 smartwatch with built-cellular capabilities is having some technical issues when making calls. The company says it is working to fix the problem.
Tesla (TSLA) is teaming up with AMD to develop an artificial intelligence chip for its self-driving cars, a source told CNBC. The carmaker has more than 50 employees involved in the project, including chip star Jim Keller.
Anadarko Petroleum (APC) says that its board had authorized a $2.5 billion share repurchase program through 2018. Anadarko also reaffirmed its 2017 production forecast for its Gulf of Mexico and Delaware Basin assets.