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
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
Consumer IPOs from Snap to Uber have been disappointing and serve as a reminder that private investors are making all the money.Technologyread more
The 2019 PGA Championship wraps up on Sunday, May 19. Here's how much money the champion will earn.Earnread 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 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.Business Newsread more
While the prolonged fight has been devastating to an already-struggling agriculture industry, there's little indication Trump is paying a political price.Traderead 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 company's comments Friday come after the White House said U.S.Trade Representative Robert Lighthizer will "address the threatened impairment" of national security from...Autosread more
Check out the companies making headlines before the bell:
Snap – CEO Evan Spiegel told employees the company is focused on achieving profitability in 2019, according to a memo sent to employees seen by CNBC. The memo also outlined other problems with the company's app and apologized for its redesign, which Spiegel said was "rushed."
Tesla – CEO Elon Musk mocked the Securities and Exchange Commission (SEC) in a tweet, calling the agency the "Shortseller Enrichment Commission." Musk reached an agreement with the SEC on Saturday to settle fraud charges. That agreement is pending approval from a federal judge.
Facebook – The tech giant said it "made mistakes" after top executive Joel Kaplan was seen attending Judge Brett Kavanaugh's congressional hearing. Facebook employees saw it as a sign Kaplan was supporting Judge Kavanaugh and raised concerns with CEO Mark Zuckerberg last Friday.
Unilever – The consumer goods company withdrew support for a move to Netherlands, facing growing opposition from U.K. shareholders. The move would have seen Unilever kicked off the benchmark FTSE 100 index.
Volvo – The Swedish autos giant installed 15,000 solar panels at a factory in Belgium. Volvo aims to make its global manufacturing operations to be carbon neutral by 2025.
Costco – Costco reported fourth-quarter earnings of $2.36 a share, in line with Wall Street expectations, but said it expects to report "material weakness in internal control." That weakness will be turned around before the end of fiscal year 2019, the company said.
HP Inc. – J.P. Morgan downgraded shares of the software company to "neutral" from "overweight." The firm said HP is facing "component cost shortages and possible tariff headwinds."
Nike, Electronic Arts – Both companies, sponsors of soccer superstar Cristiano Ronaldo, stated concern about rape allegations against the athlete. Ronaldo on Tuesday denied the allegations from a woman who sued him in a Nevada court.