Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
NBC is taking the office back from Netflix as it seeks to bolster its own streaming service launching in 2020.Technologyread more
Wayfair employees plan to walk out tomorrow, after no action was taken in response to their opposition to the company supplying border detention camps with beds for children.Retailread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Omarosa Manigault Newman, who had been a senior advisor to President Donald Trump before her firing, was sued for allegedly failing to file required financial disclosures.Politicsread more
San Francisco on Tuesday became the first city in the country to ban e-cigarettes after city officials voted in favor of an ordinance that prohibits the sale of any...Health and Scienceread more
See which stocks are posting big moves after the bell on June 25.Market Insiderread more
Legacy tech companies have been scooping up smaller cloud and software providers in massive deals throughout 2018.
The consolidation comes as older enterprise tech companies strive to stay relevant against the juggernaut of Amazon Web Services, as well as Google's well-funded cloud play and a rising crop of nimble venture-backed start-ups.
On Sunday, SAP became the latest to enter the fray, paying $8 billion in cash for survey software company Qualtrics shortly before it planned to go public.
SAP is in good company. Here are some of the other giant deals done by big enterprise players this year:
Red Hat will help boost IBM in the growing market for "hybrid cloud," where companies run critical business software in both their local data centers and in hosted environments from the big cloud providers like Amazon and Microsoft. In particular, Red Hat's version of the open-source Linux operating system runs on many clouds, including those from Google and Microsoft, which will help IBM keep bringing in revenue as companies step into the cloud.
Cisco announced in August that it would buy cybersecurity company Duo Security in a $2.35 billion deal. It was Cisco's second-largest security-related acquisition ever, and will help bolster the company's growing security business.
Chip-maker Broadcom announced it would buy enterprise software company CA Technologies for $18.9 billion in July. The move came after Broadcom's $117 billion bid for rival Qualcomm was blocked by the Trump administration over security concerns in March. The deal just closed last week.
The acquisition will help Microsoft court developers as it moves beyond Windows and consumer products to promote its cloud and online services offerings. Microsoft has seen its once-dominant Windows unit slip in market share in recent years, spurring a cloud-first reorganization and sending Microsoft looking for alternative ways to attract developers.
Salesforce acquired software company Mulesoft in a $6.5 billion cash and stock deal in March. Mulesoft makes software that helps company stitch together a variety of cloud services. Salesforce will use Mulesoft's products to help customers sync data across apps located in different places, including various cloud services and on-premises data centers.
Ari Levy and Jordan Novet contributed to this story.