European Central Bank President Mario Draghi defended the tools that the organization has available.Europe Newsread more
According to China's top economic planning body, some local companies are cutting back on their efforts to hire new university graduates.China Economyread more
German Chancellor Angela Merkel has presided over a tumultuous recent period, which for many, has left Europe on the brink.Commentaryread more
Tensions between China and the U.S. are threatening to slow global trade further, threatening some Asian economies.Asia Economyread more
U.S. President Donald Trump's former campaign chairman Paul Manafort was transferred to a detention facility in Manhattan on Monday ahead of an expected arraignment on state...White Houseread more
Airbus recorded orders and options for 123 planes, according to the aviation consulting firm IBA.iQ.Paris Air Showread more
Markets in Asia were mostly higher on Tuesday as investors awaited the start of a closely-watched meeting by the U.S. Federal Reserve, set to kick off later stateside.Asia Marketsread more
Wall Street analysts think Facebook's cryptocurrency payments project will give the company a big boost.Marketsread more
Chinese President Xi Jinping will travel to North Korea this week for a two-day visit, ahead of a possible meeting between Xi and President Donald Trump at next week's G-20...Politicsread more
The Pentagon said that the crew of one of the tankers, the Japanese Kokuka Courageous, found an unexploded limpet mine on its hull following an initial explosion.Politicsread more
China's Alibaba Group on Tuesday said its chief financial officer, Maggie Wu, will oversee the firm's strategic acquisitions and investments unit, as part of a business and...Technologyread more
Check out the companies making headlines before the bell:
Facebook — Facebook announced the departure of Chief Product Officer Chris Cox and WhatsApp division head Chris Daniels. Cox said a shift in Facebook's focus would benefit from new leadership, although he did not explicitly mention CEO Mark Zuckerberg's move to emphasize private messaging.
Oracle — Oracle reported adjusted quarterly profit of 87 cents per share, 3 cents a share above estimates. Revenue also beat Wall Street forecasts and the business software company forecast current-quarter revenue below estimates, citing the strengthening dollar.
Adobe Systems — Adobe beat estimates by 9 cents a share, with adjusted quarterly earnings of $1.71 per share. The software provider's revenue also topped the Street, however Adobe issued lower-than-expected current-quarter guidance.
Volkswagen — The automaker and former CEO Martin Winterkorn have been charged and sued by the Securities and Exchange Commission, accused of perpetrating a "massive fraud" in connection with its diesel emissions scandal. The SEC said the automaker issued more than $13 billion in debt in U.S. markets when executives already knew about software that allowed diesel cars to exceed legal emissions limits.
Newell Brands — CEO Michael Polk will retire at the end of the second quarter after serving in that role since 2011. During Polk's tenure, the household goods company had been accused by activist investors Starboard Value and Carl Icahn of missteps, and eventually agreeing to give them board seats and accelerate a turnaround plan.
Jabil — Jabil came in 3 cents a share above estimates, with adjusted quarterly profit of 64 cents per share. The electronics manufacturer's revenue was essentially in line with expectations.
Ulta Beauty — Ulta reported quarterly profit of $3.61 per share, 5 cents a share above estimates. The cosmetics retailer's revenue was slightly above analysts' forecasts. Comparable sales jumped 9.4 percent on an increase in customer traffic.
Broadcom — Broadcom exceeded analysts' forecasts by 32 cents a share, with adjusted quarterly profit of $5.55 per share. The chipmaker's revenue came in below estimates, however, amid a slowdown in its China business.
Apple — Apple responded to Spotify Technology's European Union complaint that it unfairly limits rivals to its own streaming music service, Apple Music. Apple said it had approved nearly 200 updates to Spotify's app, and only requested changes when Spotify tried to sidestep platform rules.
MGM — The company's MGM China unit was granted a casino license extension in Macau until 2022, putting its expiration in line with rivals.
Rent-A-Center — Rent-A-Center was within its rights to abandon a merger deal with private-equity firm Vintage Capital in 2018, according to a ruling by a Delaware state court. The rent-to-own company also says Vintage owes it a $126.5 million termination fee, but that issue has not been decided yet by the court.
Zumiez —The action sports retailer earned $1.18 per share for its latest quarter, 7 cents a share above estimates. Revenue came in below analysts' forecasts and Zumiez forecast a current-quarter loss of 7 to 13 cents per share, compared with a consensus estimate of a 7 cents a share loss.