Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
Companies aren't waiting for the U.S.-China trade war to be resolved, says the head of the world's biggest money manager.Investingread more
Iran's Revolutionary Guard says it seized a British tanker in the Strait of Hormuz, claiming it failed to follow international marine regulations.World Newsread more
More than a quarter of the S&P 500 companies report earnings in the week ahead, and that could buffet the market as investors await the Fed's meeting at the end of the month.Market Insiderread more
Executives from United Airlines and American Airlines were "shocked" that state-owned airline Qatar Airways CEO Akbar Al Baker was also invited to the meeting, according to a...Airlinesread more
Walmart is making further organizational changes as it continues to integrate its store and digital operations and leadership, according to a memo obtained by CNBC that was...Retailread more
George Nader helped arrange a January 2017 meeting in the Seychelles between Erik Prince and the head of Russia's sovereign wealth fund, who reported directly to Vladimir...Politicsread more
These are the stocks posting the largest moves midday.Market Insiderread more
"I'm not hearing people blame the Fed as much as they're blaming tariffs," says CNBC's Jim Cramer.US Economyread more
Earlier, Williams said in a speech that "it's better to take preventative measures than to wait for disaster to unfold."The Fedread more
Check out the companies making headlines before the bell:
PepsiCo – The beverage and snack giant reported adjusted quarterly profit of $1.49 per share, matching Street forecasts, while revenue beat estimates. However, PepsiCo also forecast an unexpected drop in full-year profit, due to a stronger dollar and increased investments.
Deere – The heavy equipment maker earned $1.54 per share for its first quarter, below the consensus estimate of $1.76. Deere's revenue did beat Street forecasts, but the bottom line was hurt by higher costs for raw materials and logistics.
Newell Brands – The consumer products maker beat estimates by four cents with adjusted quarterly profit of 71 cents per share, but sales were weaker than expected. Newell's baby product sales were hurt by the bankruptcy of Babies 'R' Us. Newell also gave a weaker than expected forecast.
CBS – CBS reported adjusted quarterly profit of $1.50 per share, two cents below forecasts, while revenue was also short of estimates. CBS points to a drop in sales and licensing fees for its programs from other distributors. It did say it expects subscribership to its CBS All-Access streaming service to more than triple over the next three years.
Nvidia – Nvidia beat Wall Street forecasts by five cents with adjusted quarterly profit of 80 cents per share, while the graphics chipmaker's revenue came in slightly above estimates. It also forecast better than expected sales for 2019.
Blackstone – Blackstone and fellow U.S. private equity firm Hellman & Friedman have offered to buy Germany's Scout24 for $6.4 billion including debt. If accepted, the buyout of the online classified ad provider would be the largest-ever buyout of a German company by private equity.
Applied Materials – Applied Materials reported adjusted quarterly profit of 81 cents per share, beating estimates by two cents. The semiconductor manufacturing equipment maker saw revenue come in above forecasts as well. However, it issued weaker than expected profit and revenue guidance for the current quarter.
XPO Logistics – XPO came in eight cents shy of estimates with adjusted quarterly profit of 72 cents per share, with the transportation company's revenue also falling short. XPO also warned that its 2019 outlook would be negatively impacted by a drop in business from an unidentified major customer.
Caesars Entertainment – Caesars will be pushed by investor Carl Icahn to consider selling itself, according to the Wall Street Journal. The paper said the move comes after the casino operator received at least two takeover approaches.
Chemours – Chemours reported adjusted quarterly profit of $1.05 per share, beating estimates by six cents. But the chemical maker saw revenue come up shy of Wall Street forecasts. It also issued a weaker than expected 2019 earnings outlook.
TrueCar – TrueCar fell two cents short of estimates with adjusted quarterly profit of three cents per share, with the car-buying service's revenue also falling short of analyst estimates. TrueCar also announced a 20 percent stake in Accu-Trade a provider of vehicle appraisal technology.