U.S. Secretary of State Mike Pompeo says Huawei CFO Meng Wanzhou, who is under house arrest in Canada and facing extradition to America, is not a bargaining chip in the trade...Technologyread more
Arturo Estrella has a message for recession naysayers: It could hit sooner than you think.Marketsread more
Local governments commonly share single service providers, making many vulnerable at once. On top of this, ransomware has often been used to mask more targeted, malicious...Technologyread more
Fed Chairman Jerome Powell faces the tough challenge of presenting a unified voice on Fed policy from the most divided Fed in years.Market Insiderread more
Meanwhile, investors look ahead to Fed Chair Jerome Powell's speech at a yearly central banking symposium in Jackson Hole, Wyoming.Asia Marketsread more
The office has long been a breeding ground for budding romances. But actively going into business with your other half is another thing entirely.Successread more
Salesforce released its first earnings report since its $15.3 billion acquisition of Tableau Software, the company's largest deal ever.Technologyread more
Kudlow also confirmed to CNBC that he supported a tax cut proposal floated earlier Thursday by Sen. Rick Scott, R-Fla.Politicsread more
VMware is following through on its proposal to buy Pivotal, a fellow Dell subsidiary, and expanding into cybersecurity with the acquisition of Carbon Black.Technologyread more
Google says it shut down hundreds of YouTube channels tied to misinformation around the Hong Kong protests.Technologyread more
It is a rare scenario where long-term interest rates suddenly fall below short-term interest rates.Real Estateread more
Check out the companies making headlines before the bell:
CarMax – The auto retailer reported quarterly profit of $1.09 per share, 9 cents a share above estimates. Revenue was short of forecasts, however, as same-store sales declined by 1.2 percent.
Nike – Nike reported quarterly profit of 52 cents per share, 6 cents a share above estimates. The athletic apparel and footwear maker's revenue also beating Wall Street forecasts amid strong worldwide demand. CEO Mark Parker told CNBC the ongoing trade dispute with China has not impacted its business in that country.
Hewlett Packard Enterprise, IBM – The two companies had their computer networks breached by China-backed hackers, according to a Reuters report. The hackers reportedly then went on to gain access to the networks of HPE and IBM clients.
Campbell Soup – Campbell named former Pinnacle Foods CEO Mark Clouse as its new chief executive officer. According to sources quoted by Reuters, Clouse has the support of major Campbell shareholder Third Point, which has been pushing for change and a possible sale of the company.
Credit Suisse, Deutsche Bank, UBS, Barclays – The four European banks were warned by the Federal Reserve and FDIC of flaws in their "living wills," which plan for a winding down in the event of a financial crisis.
Goldman Sachs — Singapore has expanded its criminal probe over Malaysian investment fund 1MDB to include Goldman, according to Bloomberg. And Malaysia wants Goldman to pay $7.5 billion over its involvement in 1MDB, according to a story in today's Financial Times.
Cintas – Cintas reported adjusted quarterly profit of $1.76 per share, 6 cents a share above estimates. The provider of uniforms and business supplies also raised its fiscal 2019 guidance.
Zynga – Zynga is buying a majority stake in Finland's Small Giant Games for about $700 million, in a move to bolster its mobile game lineup. The acquisition is Zynga's largest ever.
Raytheon – The defense contractor won a $568 million Pentagon contract for modifications to a Patriot missile defense system it is building as part of a foreign military sale.
Lockheed Martin – Lockheed was awarded a $997 million Air Force contract for F-16 aircraft upgrades.