Buybacks have gotten a bad rap from both Republicans and Democrats. But stocks would be trading at a massive discount without them.Marketsread more
Fiat Chrysler and France's Renault could soon partner up to take on the sweeping changes to the global auto industry, according to a report in the Financial Times. The...Autosread more
Microsoft shares have gained 133% since November 2015, outperforming a tech "basket of unicorns" over that stretch.Technologyread more
The president's state visit comes amid tensions with carmaker Toyota over potential auto tariffs. Trump has repeatedly threatened Japanese and European carmakers with tariffs.Traderead more
When commercial real estate investor Manny Khoshbin spent $2.2 million on the fastest production car in the world, he had no idea it would very quickly also become the...Autosread more
The IRS is about to release a new draft of Form W-4, which will more closely reflect the changes stemming from the Tax Cuts and Jobs Act. For workers, that means they'll need...Personal Financeread more
The Mega Millions jackpot has spilled over $400 million. It would be the ninth largest winning since the game began in 2002.Personal Financeread more
Trump was speaking at a meeting of Japanese business leaders in Tokyo during his state visit to Japan on Saturday.Marketsread more
The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
The federal minimum wage has remained $7.25 per hour since 2009. But several states, and even some companies, have since taken matters into their own hands to pay employees a...Workread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
Futures were lower this morning. The Dow and S&P 500 did break a three-week losing streak last week. The Nasdaq fell for a third straight week and both the S&P 500 and Nasdaq are on pace to post their largest monthly losses since January 2016. (CNBC)
* China stocks surge more than 4 percent (CNBC)
* Cramer: How investors can use earnings to their advantage in this sell-off (CNBC)
The busy earnings week starts off somewhat slowly with Halliburton (HAL), Hasbro (HAS), and Kimberly-Clark (KMB). Rambus (RMBS), TD Ameritrade (AMTD), Vertex Pharmaceuticals, and Zions Bancorp (ZION) are among the companies releasing their numbers after today's closing bell. (CNBC)
Turkey's President Recep Tayyip Erdogan announced today that he would use a speech to his country's parliament tomorrow to reveal all the "details" in the killing of the Saudi Arabian journalist Jamal Khashoggi. (USA Today)
* US tries to uphold Saudi ties despite lawmakers' pressure (WSJ)
* Trump's magic math on jobs from the Saudi arms deal (Axios)
The New York Times reported the Trump administration is considering defining gender as a biological, immutable condition determined by genitalia at birth, an effort to roll back recognition and protections of transgender people.
President Donald Trump is expected to sign later this week Congress' recently passed opioids legislation, which would ease limits on Medicaid funding for addiction treatment and expand access to medication-assisted treatments. (Axios)
Chinese state media over the weekend slammed Secretary of State Mike Pompeo's comments in South America, where he cautioned against vast China's investments in the region, saying his remarks were "ignorant and malicious." (CNBC)
Trump has turned one familiar feature of mid-term election campaigns inside out: Democrats are now more likely to vote than Republicans. That finding emerges from the new NBC News/Wall Street Journal poll just two weeks before Election Day.
CBS (CBS) interim chairman Richard Parsons has stepped down from that position due to ill health. The former Time Warner CEO will be replaced by Take-Two Interactive (TTWO) CEO Strauss Zlenick, whojoined the CBS board last month. (NY Times)
* CBS should hire a woman as its new CEO (CNBC)
In conversations with current and former Tesla (TSLA) employees, CEO Elon Musk is described as a polarizing figure who inspires but micromanages to an extreme. Musk has been known to approve expensive projects against advice. (CNBC)
Apple (AAPL) CEO Tim Cook is calling for Bloomberg to retract its story about Chinese spy chips embedded in the company's server equipment, telling Buzzfeed News in an interview, "This did not happen. There's no truth to this."
Regeneron Pharmaceuticals (REGN) and Sanofi (SNY) have received FDA approval to use their Dupixent drug to treat asthma. The drug is already approved for the treatment of eczema.
Fiat Chrysler (FCAU) agreed to sell its Magneti Marelli auto parts unit to Japan's Calsonic Kansei for $7.1 billion. Calsonic is owned by U.S. private equity firm KKR (KKR).
Jacobs Engineering (JEC) is selling its energy, chemicals and resources unit to Australian engineering services firm WorleyParsons for $3.3 billion. Jacobs said it is focusing on its higher growth businesses.
General Electric (GE) and Germany's Siemens have both signed agreements to rebuild Iraq's power infrastructure.
Chipotle Mexican Grill (CMG) was upgraded to "outperform" from "sector perform" at RBC Capital, which expects the restaurant chain to benefit from changes in its menu and its digital and delivery systems in 2019.
Caesars Entertainment (CZR) plans to reject a reported takeover offer from Golden Nugget owner Tilman Fertitta, according to the New York Post.
Between the $1.6 billion Mega Millions jackpot and Powerball's $620 million haul, more than $2.2 billion is up for grabs in the next drawings. The chance of winning Mega Millions is 1 in 302.6 million. For Powerball, it's 1 in 292 million. (CNBC)
"Halloween" made a killing in North America this weekend, earning $77.5 million when the slasher film launched in 3,928 locations. The direct sequel to John Carpenter's 1978 classic obliterated the franchise record opening of $26 million. (Reuters)