U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Futures were lower this morning after President Donald Trump proposed a higher 25 percent tariff on $200 billion in Chinese goods. The Dow is set for a triple-digit loss at the open after falling for three of the past four trading days. (CNBC)
* China urges the US to return to reason on trade and reiterates efforts at 'blackmail' will fail (Reuters)
The Labor Department will release its weekly look at initial jobless claims at 8:30 a.m. ET, with economists expecting 220,000 new claims for the week ending July 28. At 10 a.m. ET, the government issues June factory orders, expected to be up 0.7 percent. (CNBC)
Corporate earnings out this morning include the latest numbers from Dow component DowDupont (DWDP), Aetna (AET) and Blue Apron (APRN). Earnings out after today's closing bell include AIG (AIG), CBS (CBS), GoDaddy (GDDY) and GoPro (GPRO). (CNBC)
Tesla's (TSLA) stock was 7 percent higher in premarket after the automaker's revenue beat estimates, and said it expects profitability on a GAAP basis during the second half of the year. It did lose $3.06 per share for its latest quarter, more than the loss of $2.92 per share that analysts had projected. (CNBC)
* Elon Musk says Tesla A.I. chip project is 'finally coming to fruition' (CNBC)
President Trump said today he looked forward to meeting Kim Jong Un soon and thanked the North Korean leader for sending the suspected remains of U.S. soldiers killed in the 1950-1953 Korean War back to the United States. (Reuters)
Trump suggested in a tweet that his former campaign chairman Paul Manafort — on trial on federal bank fraud and tax charges — is being treated "worse" than than "legendary mob boss, killer and 'Public Enemy Number One' " Al Capone. (CNBC)
* Manafort's lavish spending is cited by prosecution (NY Times)
* Manafort trial enters day two with major purchases in the spotlight (Axios)
Senate GOP voted to block a Democratic push that would have provided $250 million to beef up election security. The votes fell almost entirely on party lines as only one Republican — Sen. Bob Corker — voted for the grant. (USA Today)
The Trump administration will move today to revoke California's authority to set its own strict tailpipe emissions rules and mandate the sale of electric vehicles. The proposal is in line with Trump's decision to abandon the 2015 Paris climate deal. (Reuters)
California Gov. Jerry Brown called the wildfire situation in the state part of "the new normal." He said California has the money to fight fires today, but cautioned things could get tighter in coming years due to a likely downturn. (CNBC)
Starbucks (SBUX) struck a partnership deal with China e-commerce giant Alibaba (BABA) to deliver its coffee in Chinese cities. It will also partner with Ele.me, a food delivery platform, to open 150 stores in Shanghai and Beijing. (CNBC)
CBS (CBS) has retained two law firms to investigate allegations of improper behavior against Chairman and Chief Executive Officer Leslie Moonves. Claims of sexual misconduct against Moonves were detailed in a New Yorker article last week. (CNBC)
Consumer tech giant Apple (AAPL) has a new share price threshold to hit $1 trillion in market value. The company revealed an adjusted outstanding share count of 4,829,926,000 alongside the company's third-quarter results. (CNBC)
Sonos (SONO) priced its initial public offering at $15 per share, below the target range of $17-$19. The wireless speaker-maker raised $38.3 million in the offering, and the shares will begin trading today on the Nasdaq.
Wynn Resorts (WYNN) reported adjusted quarterly profit of $1.53 per share, short of the consensus $1.96 estimate. The hotel and casino operator's revenue also missed forecasts, although it did see stronger results from its Wynn Palace property in Macau.
T-Mobile (TMUS) beat estimates by five cents with quarterly profit of 92 cents per share, although the wireless carrier's revenue fell short of forecast. T-Mobile also added 686,000 new wireless subscribers during the quarter, more than Wall Street was anticipating.
TripAdvisor (TRIP) came in two cents above estimates with adjusted quarterly profit of 41 cents per share, though the travel website operator's revenue came up short of Street forecasts. Traffic on TripAdvisor-branded websites and apps was up 10 percent from a year earlier.
Square (SQ) reported adjusted quarterly profit of 13 cents per share for the second quarter, two cents above estimates, while the mobile payments company's revenue also beat estimates. However, Square did issue weaker than expected current quarter guidance.
A furry friend from the '80s could be making a comeback. Warner Bros. Television is in the early stages of developing a reboot of the classic sitcom "ALF," according to Variety. There are no writers attached to the project yet, Variety said.