IN THE NEWS TODAY
President Trump said he is "open" to banning all guns for some people, while also showing support for arming teachers to prevent school shootings. That came after he spoke with students, parents and family members affected by last week's Florida high school massacre. (CNBC)
* Shooting town hall: Rubio on the defensive on gun control (AP)
Former Trump campaign officials Paul Manafort and Rick Gates are facing new charges in special counsel Robert Mueller's case, according to multiple outlets. Manafort and Gates pleaded not guilty to charges of money laundering, lying to federal investigators and acting as unregistered foreign agents.
* Bernie blames Hillary for allowing Russian interference (Politico)
* Mueller investigating whether Manafort offered banker a job in Trump White House in exchange for loans (CNBC)
Pushing back against criticism, the Trump administration is considering new sanctions against Russia in response to election meddling and a cyberattack last year. Both Republicans and Democrats have criticized Trump for not pushing Moscow. (Reuters)
Commerce Secretary Wilbur Ross, a former private-equity investor, has emerged as the point man for promoting commercial space projects amid rising pressure. Ross told the Wall Street Journal that "we need an adaptive and relatively permissive" environment.
Ford Motor (F) North American President Raj Nair has left the automaker, following an investigation into his behavior. The automaker said the behavior was "inconsistent with the company's code of conduct" but did not give any further details.
New Jersey-based retailer Toys R Us is at risk of breaching the covenant on one of its loans, sources tell CNBC. The toy retailer secured a $3.1 billion loan from a group of lenders led by J.P. Morgan Chase prior to filing for bankruptcy protection.
Walmart (WMT) announced the launch of a new online home shopping experience, that will tailor what the user sees to their style preferences. It's part of an overall redesign of Walmart.com that will be unveiled later this year. (CNBC)
STOCKS TO WATCH
General Electric (GE) is the subject of two negative stories this morning, one by the Wall Street Journal, the other by Reuters. The WSJ story said former CEO Jeff Immelt's disdain for bad news led to over optimistic forecasts and botched strategies, while Reuters details how GE's gamble on fossil fuel power was a losing bet.
Sinclair Broadcast Group (SBGI) agreed to sell Chicago and New York television stations owned by Tribune Media (TRCO) in order to win approval for its $3.8 billion deal to acquire Tribune. That news comes from a joint filing by the two companies with the FCC.
Cheesecake Factory (CAKE) matched analyst estimates with adjusted quarterly profit of 53 cents per share, but the restaurant chain's revenue missed forecasts and its comparable restaurant sales fell 0.9 percent.
Wendy's (WEN) reported adjusted quarterly profit of 11 cents per share, matching Street forecasts, but its revenue fell short of estimates. Wendy's did see same-restaurant sales in North America rise 1.3 percent, but that was smaller than expected, and fewer customers visited Wendy's amid rising competition.