The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia edged higher Tuesday morning as investors await the release of minutes from the Reserve Bank of Australia's July meeting. The People's Bank of China is also set...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
"These days, the consumer is addicted to convenience ... If it doesn't have a great digital presence or incredible bargains, take a pass," Jim Cramer says.Mad Money with Jim Cramerread more
Check out the companies making headlines before the bell:
Apple – D.A. Davidson reiterated its "buy" recommendation on Apple, with a price target of $280. The firm points to the stock's pullback, reports of new manufacturing within India, and planned moves to mitigate the effect of tariffs.
Sony – Sony is increasing production of next generation 3D camera sensors in response to interest from Apple and others, according to a Bloomberg report. A Sony executive is quoted as saying the sensor business is turning a profit and will positively impact earnings next fiscal year.
Sinclair Broadcast Group – The New York Yankees are in separate talks with Sinclair and Amazon.com about teaming up to bid for the YES network, according to The Wall Street Journal. YES is among the 21st Century Fox assets that Walt Disney will be required to sell for government approval of its deal for Fox assets. The Journal said the Yankees have also approached cable operator Altice USA.
Amazon.com, Walmart – The retail giants could be impacted by new restrictions on foreign e-commerce companies operating in India. New rules that make inventory management for those companies more difficult will go into effect on February 1.
Spirit Airlines – Spirit was on time more often than any other U.S. airline in October, according to new government data, and its flights have been on time about 81 percent of the time this year. That's in contrast to Spirit's general reputation of drawing more complaints from consumers than any other airline.
Comcast — The Justice Department will not step up its investigation of Comcast's 2011 purchase of CNBC parent NBCUniversal, according to a report in the New York Post.
First Republic Bank – The bank will join the S&P 500 prior to the opening of trading on January 2. First Republic will replace SCANA Corp., which is in the process of being acquired by Dominion Energy.
Dell Technologies – Dell will begin trading today on the New York Stock Exchange, returning the computer maker to the public markets. That follows the buyout of Dell's tracking shares in software maker VMWare. The stock is rated "overweight" in new coverage at JPMorgan Chase with a price target of $60 per share.
Philip Morris – Philip Morris is the subject of positive analyst comments at Piper Jaffray, which said the current price level for the tobacco producer's stock represents a buying opportunity given strong underlying earnings growth.
Wingstop – Wedbush upgraded the restaurant operator's stock to "outperform" from "neutral," pointing to Wingstop's same-store sales growth prospects and profit margin improvement.