The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Investors could see a 40 percent return on Ford stock as the automaker restructures its business and boosts its bottom line, according to Goldman Sachs analysts.
Goldman upgraded the company to buy from neutral and raised its 12-month price target to $12 from $9, sending shares up 3.3 percent in premarket trading Monday. The move implies a 33.6 percent upgrade from Friday's close. Combined with a 6.7 percent dividend yield, which Goldman called "sustainable," that puts the expected gain just over 40 percent.
"While we still expect a downward earnings trajectory into 2019 (North America profit under-pressure), we believe next year will represent trough earnings and the combination of a refreshed product cadence globally as well as cost improvements from strategic initiatives will begin to take hold," analyst David Tamberrino said in a note.
Cadence refers to the pace at which a company releases product, which Tamberrino said has lagged to six years in North America and China. The company is expected to up the pace starting in 2019.
Ford's announcement of $7 billion in restructuring of its cash spending over the next five years will help "improve its plant footprint and cost structure," Tamberrino added.
Ford shares are off 28 percent year to date. The company reported a $991 million profit for the most recent reporting period.
—CNBC's Michael Bloom contributed to this report.