As part of the plan, Amazon has agreed to purchase 100,000 electric delivery vans from vehicle manufacturer Rivian.Technologyread 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
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
Apple's big iOS 13 update for iPhones is out now and includes lots of new features. Here's how to install it on your phone and what devices are supported.Technologyread 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
The FDA's Office of Criminal Investigations opened a probe "shortly after" people started falling ill, Mitch Zeller, director of the FDA's Center for Tobacco Products, told...Health and Scienceread more
Investor Jim Chanos is betting against GrubHub, and said the food delivery company makes almost nothing per order.Delivering Alpharead more
Billionaire investor Leon Cooperman on Thursday said he believes that the Federal Reserve is "screwing the savers."Delivering Alpharead more
How the mighty have fallen.
After leading the stock market to fresh records on a seemingly daily basis, technology stocks tanked on Monday.
The five giants -- Apple, Alphabet, Microsoft, Facebook and Amazon -- each sank at least 2.5 percent. Shares of many companies valued at $100 billion or more changed hands at more than 200 percent the usual volume.
The S&P 500 Information Technology Index dropped 4 percent, almost matching the decline in the overall S&P 500. The Dow Jones Industrial Average plummeted over 1,000 points, closing down 4.6 percent. Among technology companies in the Dow, Cisco was the worst performer, dropping 5.3 percent.
The result was $194 billion slashed from the market capitalization of top tech stocks, according to data collected by FactSet and analyzed by CNBC. About $90 billion of that was in just four stocks: Facebook, Amazon, Alphabet and Netflix.