Chinese trade negotiators suddenly canceled a visit to meet U.S. farmers after they wrapped up trade talks in Washington this week.Marketsread more
Blackstone Executive Vice Chairman Tony James says he's less optimistic now than before that the U.S.-China trade war could be resolved, but even a smaller deal could help...World Economyread more
The Pentagon will deploy U.S. forces to the Middle East on the heels of the attack on Saudi Arabian oil facilities, United States Secretary of Defense Mark Esper announced...Defenseread more
President Trump also said he is "not looking for a partial deal" with Beijing, moving away from his suggestion last week that he would consider an "interim deal."Politicsread more
Progress on trade talks will determine how far market will move above new highs.Trader Talk with Bob Pisaniread more
"Sure, the trade war's taking its toll on business ... it's just not taking its toll where it was supposed to," Jim Cramer says.Mad Money with Jim Cramerread more
Joe Biden called on President Donald Trump Friday to release the transcript of a call with a foreign leader that is the subject of a whistleblower complaint. Biden described...Politicsread more
For investors taking a breather from the chaos in August, buckle up as the market is about go crazy again, Goldman Sachs warned.Marketsread more
Palantir Technologies is targeting a valuation of at least $26 billion in a private fundraising round, the first for the Peter Thiel-backed data analytics startup in four...Wall Streetread more
Michael Pack, a conservative filmmaker linked to Steve Bannon, saw at least $1.6 million in donations from his nonprofit sent into the coffers of his independent production...Politicsread more
The New England Patriots released Antonio Brown just 11 days after signing the wide receiver. The NFL Super Bowl champion team initially had kept him in the face of a rape...Sportsread more
Here's a round-up of the most important deals in venture capital this week.
Wal-Mart has acquired a startup called Parcel, Recode reported, to ramp up its same-day delivery services.
Amazon acquired Body Labs, a start-up that offers 3-D body scanning technology, for at least $50 million, TechCrunch reported. The company's technology could be used to help Amazon deliver clothes and shoes that fit perfectly. But Body Labs' tech also helps developers quickly create 3-D characters that could be used in games, films and as avatars online.
Uber agreed to take a big investment from SoftBank. The investor will put $1 billion to $1.25 billion into the ride-hailing company, and seeks to buy a 14 to 17 percent stake of shares from existing shareholders, sources told CNBC.
SoftBank is also reportedly in talks to invest in a $2 billion round for Ola, an Uber competitor in India, Reuters reported. Tencent and other investors are also allegedly lining up to back Ola.
Business software company Docker raised $61.8 million of a targeted $75 million round, according to an SEC filing published on Friday. Docker, whose container technology threatens VMWare's virtualization business, is reportedly valued at $1.3 billion, according to an earlier Bloomberg report. Among Docker's investors are Insight Ventures Partners, Benchmark and Sequoia Capital.
An Oakland, California start-up called Roofstock raised $35 million for its online real estate marketplace. The site features single-family home rental properties for sale that already have tenants in them. Investors included Canvas Ventures, Lightspeed Venture Partners, Bain Capital Ventures, Khosla Ventures and others.
Corporate venture investors piled into a $30 million series b round for FogHorn Systems, a maker of software for the "industrial internet of things." Investors included: Intel Capital, Saudi Aramco Energy, Honeywell Ventures and GE, among others.
Peter Thiel's Founders Fund and the Investment Corp. of Dubai invested $30 million in Nanotronics, a start-up that makes robotic microscopes which are used in factories to evaluate components at a nanoscopic level. They microscopes use computer vision and deep learning software to determine if parts are flawed and potentially unsafe for consumers.
Care.com competitors UrbanSitter raised $17 million to expand their childcare on-demand service across the U.S. As Forbes reported, investors in the babysitter booking start-up included Advance Venture Partners (AVP), Canaan Partners, Aspect Ventures, DBL Investors, Shatter Fund, First Round Capital, Menlo Ventures and others.
A cybersecurity startup called Hypr raised $8 million in a new round of funding from RRE Ventures and its earlier backers RTP Ventures, Boldstart Ventures and Mesh Ventures. Hypr is helping large corporations figure out how to safely use fingerprints, and other biometric data, in lieu of alphanumeric passwords.
The Mayfield Fund led a $4 million investment in a virtual reality startup called Tripp. The is developing interactive VR "experiences" that induce a state of calm in the viewer, CEO Nanea Reeves told CNBC in an e-mail.
Danny Meyer's Union Square Hospitality Group has started a private equity fund to expand and franchise the group's current restaurants while also investing in outside food and food-tech companies. According to Eater, the fund has already raised $200 million and invested in Resy, the restaurant reservations app, and several restaurants and cafes.