The combined business would be owned 50/50 between shareholders of FCA and Groupe Renault.Autosread more
Pro-EU parties are set to hold onto two-thirds of the seats at the EU Parliament.Europe Politicsread more
The U.S. is showing signs of targeting China's domestic surveillance and the tech supporting it.Technologyread more
Smartphone users in Singapore, the U.K. and China told CNBC's "Beyond The Valley" that foldable smartphones are "very strange," "super bulky," and expensive compared to the...Technologyread more
The result comes shortly after Conservative Party leader Theresa May announced her resignation as prime minister on Friday morning.Europe Politicsread more
Investors are largely focused on results of the EU parliamentary elections. Euroskeptic parties in Britain and France made solid gains.Europe Marketsread more
Former Apple CEO John Sculley says this skill is vital to all great business leadership.Successread more
A Beijing decision to rapidly and sharply cut its excessive and unsustainable trade surplus with the U.S. would change for the better the bilateral relationship, writes...World Economyread more
Prime Minister Narendra Modi has to make sure that India becomes a highly competitive manufacturing hub where global investors will look to invest, the chairman of India...Asia Economyread more
U.S. President Donald Trump said Monday he expects to get the trade gap with Japan "straightened out rapidly," adding that announcements on that could come as soon as August.World Economyread more
Bitcoin surged more than 9% from the day before to hit its highest level in more than a year.Technologyread more
Check out the companies making headlines midday Thursday:
H&R Block – Shares rose 2.7 percent after the firm reported third-quarter revenue slightly above analyst estimates, according to FactSet, and gave a 2019 outlook that was inline with expectations.
Anheuser-Busch – The beverage maker's stock fell 1 percent in trading after RBC Capital Markets lowered its rating on AB InBev to sector perform. RBC said the company has "little prospect of margin growth" and is no longer "convinced that positive rating is still justified" after the stock's recent rally.
Guidewire Software – The stock jumped 4.4 percent after the software publisher beat Wall Street estimates for second-quarter earnings by 15 cents, according to FactSet. Goldman Sachs raised its price target on Guidewire's stock, citing the company's increased confidence in more software deals in 2019.
Kroger — Shares of Kroger dropped 10 percent after it reported disappointing fourth-quarter earnings that showed a drop in profits as the company continues to compete against retail giants like Walmart and Amazon. The company missed the estimates for earnings per share by 4 cents and revenue by $289 million. Kroger also adjusted its forecasts for the 2019 fiscal year to be worse than previously expected.
Barnes and Noble – Shares fell 12.7percent after the bookseller reported flat sales for the holiday season and adjusted its forecasts for the year to be lower than previous estimates. The company's third-quarter results reported that its same-store sales were up 1.1 percent, more than double estimates, and its earnings were 11 cents higher than expected. The company missed revenue estimates by $3 million.
Burlington Stores – The stock dropped 11.9 percent after the company reported mixed fourth-quarter earnings. The retailer's comparable sales were up 1.3 percent, falling short of Refinitiv's expected 3.1 percent growth. Burlington Stores' revenue missed estimates by $40 million while earnings per share were $2.83, or 6 cents higher than expected.