The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle. While there, he's scheduled to meet with Boeing executives and be briefed...Airlinesread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
Investors bought bank stocks because there's a chance the Federal Reserve's interest rate cut may "put an end to this artificially inverted yield curve," Jim Cramer says.Mad Money with Jim Cramerread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Facebook CEO will talk to policymakers "about future internet regulation," according to a spokesperson.Technologyread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
The decision to cut rates followed a monthslong pressure campaign by Trump, who often criticized Chairman Jerome Powell by name as he called for lower interest rates.Politicsread more
Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
Celgene Corporation: "I think right now [is a good time to get back into Celgene]. I mean, I wish I could say, 'Under $100,' but you know what? Let's not be greedy. This one is way too low versus the fundamentals. I'm a buyer of Celgene here."
ON Semiconductor Corp.: "ON is right in that sweet spot of the internet of things. You know I like the semis that are like that, and they're all capable of merging with each other at any given moment."
California Resources Corp.: "No, that is way too risky. That's a spin-off of Occident[al Petroleum]. I really don't want you to be in that one at all. I think it's up a lot and you can take advantage of it and blow out of it."
Southwestern Energy Co.: "Southwestern's just not a high-quality company anymore. They spent too much money. I don't really care for the natural gas companies. I'm going to say no to Southwest. Maybe you get a point, but that's not my style."