These are the stocks posting the largest moves before the bell.Market Insiderread more
Jerome Powell will "underwhelm everyone and not overwhelm anyone," one economist saysMarket Insiderread more
Corporate executives and money managers have grown increasingly pessimistic about the economy as growth around the world slows.Trader Talk with Bob Pisaniread more
Facebook unveils the Portal TV, a streaming device that comes with a camera and microphones for making video calls via television.Technologyread more
U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased.Economyread more
Credit card start-up Petal just completed a new financing round.Financeread more
Four Wall Street firms downgraded FedEx after the company's poor earnings report.Marketsread more
U.S. stock futures point to a modestly lower Wednesday morning open on Wall Street ahead of what the markets in the afternoon expect to be the Fed's second interest rate cut...Marketsread more
Mortgage applications to purchase a home increased 6% for the week and were a strong 15% higher annually.Real Estateread more
The House subcommittee that oversees consumer product investigations launched its a probe of Juul in June, holding two days of hearings in July. In a letter to Juul sent...Health and Scienceread more
FedEx says trade around the world is starting to feel the squeeze of increased tariffs.Marketsread more
Boeing previewed its software fix, cockpit alerts and additional pilot training for its 737 Max planes on Wednesday, saying the changes improve the safety of the aircraft which has been involved in two deadly crashes since October.
"We're working with customers and regulators around the world to restore faith in our industry and also to reaffirm our commitment to safety and to earning the trust for the flying public," Mike Sinnett, Boeing vice president, said in previewing the changes to pilots, reporters and regulators at its facilities in Renton, Washington.
The company's shares jumped after releasing the fixes at 2 p.m. ET, rising by more than 1 percent in afternoon trading.
Many of the details behind Boeing's plan to fix the Max have come out over the last two weeks.
Among the notable changes to the MAX flight controls:
"We're working with pilots and industry officials," said Sinnett. "We have 200 of them today in our Renton facility and we'll be spending time with them today to explain the updates we're making to the 737 Max, to get their input and to earn their trust."
By the end of this week, Boeing plans to send the software updates and plan for enhanced pilot training to the Federal Aviation Administration for certification approval. The FAA's approval process has raised questions in the industry and is the subject of a Senate hearing Wednesday afternoon. Industry officials believe it could take the FAA up to two weeks to certify the changes.
After the FAA approves the fix, Boeing said it will send the software update to customers. It takes a few days install and more time for training and testing, the company said.
Still, the FAA and other regulators around the world need to sign off on the safety of the 737 Max before they approve the planes to once again fly and carry passengers. Some analysts believe that will take a minimum of six weeks and up to 12 weeks before the grounded jets are airborne again.
Boeing previously charged customers to add a feature in 737 Max cockpit displays that shows the plane's angle of attack as well as a light when angle of attack indicators disagree but said Wednesday it would make those displays complimentary. Customers who have already received 737 Max planes can retrofit the planes with that feature for free.
"Not all customers wish to include this feature on their primary flight display, so it is offered as a customer-selected option," Boeing said in a statement.
Southwest Airlines, which has 34 of the Boeing 737 Max planes in its fleet, more than any other U.S. airline, said it was "encouraged" by Boeing's proposal on Wednesday.
"Boeing's software update appears to add yet another layer of safety to the operation of the MAX aircraft," said Bob Waltz, Southwest's chief pilot. "We look forward to the FAA's final guidance and will fully comply with any modifications and additional training requirements to strengthen the reliability of the 737 Max."
— CNBC's Leslie Josephs contributed to this report.