Stocks fell sharply on Thursday as U.S.-China trade worries persisted with more companies suspending business with Chinese telecom giant Huawei.Marketsread more
The yield on the 10-year Treasury note fell to its lowest level since 2017 as more traders grew confident in a longer U.S.-China conflict.Bondsread more
A Ministry of Commerce spokesperson does not single out any U.S. action, but it's been a tense couple of weeks for the trade war.World Politicsread more
"For them to say that they don't work with the Chinese government is false," Secretary of State Mike Pompeo tells CNBC.Politicsread more
Facebook has stopped paying commission to staff for selling political advertisements on its platform, The Wall Street Journal reported.Technologyread more
Oil prices dropped on Thursday, extending falls from the previous session amid surging U.S. crude inventories as low refinery runs and ongoing trade tensions weighed on the...Energy Commoditiesread more
U.S. manufacturer growth hit new lows in May, the latest sign that the economic slowdown accelerated amid the ongoing trade war.Economyread more
Wall Street is under pressure, but a handful of stocks are breaking out to new highs. McDonald's, Waste Management, Hershey, Visa and Costco have notched records this month,...Trading Nationread more
No timetable has been set on returning the money to outside investors in Tepper's Appaloosa Management, source says.Hedge Fundsread more
Huawei is winning over more and more Apple fans in China as the escalated trade tensions stoked "nationalist sentiment," according to South China Morning Post.Marketsread more
Celebrity chef Mario Batali is being charged with indecent assault and battery, more than a year after admitting to sexual misconduct.Restaurantsread more
Check out the companies making headlines after the bell:
Shares of Broadcom fell as much as 6 percent in the extended session, after the Wall Street Journal reported the chipmaker was nearing a deal to acquire New York-based software company CA Technologies. The $18 billion deal could help diversify Broadcom, and mark a strategic win for the company following its failed takeover bid for rival Qualcomm.
Shares of the reported acquisition target, CA Technologies, soared as much as 16 percent after the report.
Bank of the Ozarks fell more than 3 percent in after-hours trading. The national bank chain reported second quarter earnings of 89 cents, which fell in-line with Wall Street expectations, but missed on revenue. Bank of the Ozarks reported revenue of $252 million versus the $256 million analysts projected.
Box stock fell 1 percent after the bell, before recovering those losses. The cloud-based file sharing company has had a tremendous 2018, gaining more than 24 percent year-to-date. Box was hovering around $26.30 per share after hours, according to FactSet.