SoftBank founder Masayoshi Son speaks in futuristic terms about his company, but the success of his late-stage VC fund is still unknown.Technologyread more
Trump's threat, posted on Twitter, comes amid rising international tensions in the Middle East as the U.S. has dispatched a carrier strike group and bomber task force to the...Politicsread more
Reports of Tesla vehicles spontaneously catching fire could make customers wary of EVs just as the industry ramps up production plans.Autosread more
Amazon's large and flashy investments stand out from those of its tech peers over the past year.Technologyread more
Huawei Technologies will immediately lose access to updates to the Android operating system, a source close the matter told Reuters.Technologyread more
Robert Smith announced that he and his family would set up a grant to pay off the nearly 400 graduating seniors' student loans. The total gift is estimated at $40 million.Educationread more
Trump's relationships with Deutsche Bank have drawn scrutiny in Congress and elsewhere. Trump sued the bank last month to prevent it from complying with Congressional...Financeread more
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
China's currency has been an important barometer for progress in U.S.-Chinese trade talks, and right now it's signaling things aren't going well.Market Insiderread more
The outrage has even inspired a Change.org petition called "Remake Game of Thrones Season 8 with competent writers," with over half-a-million signatories and climbing.Entertainmentread more
The move comes after star runner Alysia Montaño's May 12 op-ed in the New York Times in which she detailed her experiences with Nike.Retailread more
Check out the companies making headlines after the bell:
Oracle shares fell more than 3 percent in after-hours trading after the release of its first quarter earnings report. The company reported their earnings per share as 71 cents, beating analysts' estimates of 69 cents a share. However, it missed estimates for revenue, reporting $9.2 billion while it was expected to report $9.28 billion.
FedEx shares decreased more than 2.5 percent in after-hours trading when it released its first quarter earnings report. Its earnings per share were $3.46, missing analysts' estimate of $3.81. The company beat estimates on revenue of $16.88 billion, reporting $17.05 billion.
Univar Inc. shares increased up to 1.2 percent after the chemical distributor announced it would acquire Nexeo Solutions for $2 billion. The deal is expected to close in the first half of 2019. Univar CEO David Jukes said it expects the merger "to generate $100 million of annual run rate cost savings by the third year following close and reduce annual capital expenditures by $15 million immediately."
Nexeo Solutions shares soared 16 percent in post-market trading after being halted. Nexeo was acquired by a company owned by Wilbur Ross in 2016. He has since become the U.S. Commerce Secretary.