A surface-to-air missile shot down a U.S. military drone over the Strait of Hormuz, a U.S. official said Thursday.World Politicsread more
President Donald Trump has publicly blamed the Federal Reserve's interest rates hikes for holding back U.S. economic growth.The Fedread more
Slack's public market debut on Thursday will generate billions for venture firm Accel and healthy returns for Andreessen Horowitz and Social CapitalTechnologyread more
China's President Xi Jinping arrived in Pyongyang on Thursday morning for a state visit to North Korea — the first by a Chinese state leader in 14 years. Experts say the move...Asia Politicsread more
Gold prices spiked in the afternoon of Asian trading hours on Thursday after a dovish U.S Federal Reserve opened the door to further rate cuts, and the 10-year Treasury yield...Metalsread more
The Fed came very close to promising a rate cut Wednesday, and now markets are focused on a possible July rate cut.Market Insiderread more
Ireland has become the main regulator enforcing rules on how big tech companies collect and process user data under Europe's privacy law called GDPR.Technologyread more
Waymo has signed a deal with Renault and Nissan to develop self-driving cars and trucks for use in France, Japan and possibly other countries in Asia, including China, the...Autosread more
It's crucial to note that the culprit behind attacks on two commercial tankers last week has not been conclusively proven.World Politicsread more
"No U.S. drone was operating in Iranian airspace today," a U.S. Central Command spokesman said, according to NBC News.World Politicsread more
The Fed left interest rates unchanged at its monetary policy meeting. The U.S. central bank did, however, drop the word "patient " from its statement and said it would "act as...Asia Marketsread more
Check out the companies making headlines midday Tuesday:
Caterpillar, Deere, Boeing — These global trade bellwethers rose at least 1.6 percent as Wall Street bet on the increased likelihood of a U.S.-China trade deal. Both sides expressed hopes the new round of negotiations, which began in Beijing on Monday, would bring them closer to a comprehensive trade agreement.
Under Armour — Shares of Under Armour rose more than 6 percent after the company reported strong earnings. The athletic apparel maker reported an adjusted profit of 9 cents per share for the fourth quarter, beating the consensus estimate of 4 cents. Revenue also beat forecasts, with results being helped by higher sales and fewer discounts.
Coty — Coty stock surged more than 12 percent after private equity firm JAB announced a tender offer to increase its stake in the cosmetics company by 150 million shares. The offer price is $11.65 per share, and a successful offer would bring its total holdings to just under 451 million shares, or about 60 percent of the company's common stock.
Brighthouse Financial — Shares of Brighthouse Financial jumped nearly 14 percent after the insurer released stronger-than-expected earnings. The fourth-quarter earnings per share came in at $1.68, beating Wall Street consensus of $1.54, according to FactSet.
Cisco Systems — Shares of the tech company fell early Tuesday after Morgan Stanley downgraded the stock to equal weight from overweight, citing a slowdown in Cisco's network security business. Cisco shares recovered later in the day and closed 0.65 percent higher.
Molson Coors Brewing — Shares of the international brewer fell more than 9 percent Tuesday after the company said in its fourth-quarter earnings report that revenue fell 6 percent from the prior quarter. The company cited the year's rising costs in transportation and aluminum for weaker earnings.
Shopify — Shares of the Canadian e-commerce company fell as much as 7.2 percent after issuing adjusted operating guidance well below for both the first-quarter and the year 2019. This comes despite the company reporting better-than-expected earnings and revenue for the fourth quarter.
—CNBC's Nadine El-Bawab, Yun Li, Kate Rooney and Tom Franck contributed to this report.