J.P. Morgan economists say they now see a much slower economy in the second quarter, with growth of just 1%.Market Insiderread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses, writes Nomura.Marketsread more
United Airlines will take its 14 Boeing 737 Max jets off its schedule for another month, through Aug. 3, cancelling another 1,290 flights.Airlinesread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting one in every...Health and Scienceread more
The Pentagon will send additional American troops, drones and fighter jets to the Middle East amid increasing tensions between the United States and Iran.Defenseread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A spokesman for Nadler told CNBC that the chairman is "okay," and that he "seems to have been dehydrated and it was very warm in the room."Politicsread more
The Moelis & Co. founder says the current market volatility from tense U.S.-China relations is impacting large-cap stocks.Investingread more
The meeting is expected to take place on the sidelines of the Shangri-La Dialogue defense summit in Singapore.Defenseread more
Video games publisher Activision saw its stock fall around 7 percent in after-market hours on Thursday after the company announced a split from game studio Bungie, which developed the online only Destiny game franchise.
In Destiny, a first-person shooter online game, players protect the Earth from an alien takeover. Activision has agreed to transfer all publishing rights for Destiny back to Bungie.
Activision is also defending itself this week against accusations of a former employee who says he was bullied and experienced discrimination during his tenure there, Variety reported. And it has shuffled executives, after losing its chief financial officer, Spencer Neumann, to Netflix.
Activision's stock closed at $51.35 on Thursday, but fell below $48 in after-market trading following the announcement about its split with Bungie.
The dip extends a negative trend for Activision from the fourth-quarter of 2018 into the new year. Best-known as the publisher of Call of Duty and World of Warcraft, Activision's shares performed poorly in the last quarter of 2018 as competitors, especially Epic's Fortnite franchise, attracted massive audiences, and the market, overall, grew rocky.