May had failed to win a parliamentary majority on Britain's withdrawal from the European Union.Europe Politicsread more
Investors are rushing into the relative safe haven of the bond market, causing the yield on the U.S. 10-year Treasury to plummet.Real Estateread more
President Donald Trump on Thursday directed the U.S. intelligence community to "quickly and fully cooperate" with Attorney General William Barr's investigation into the...Politicsread more
Despite a decline in global commercial real estate markets, Asia-Pacific continues to enjoy a record-breaking growth — thanks to China, according to the Global Capital Flows...Real Estateread more
The Wall Street Journal and The New York Times, citing people familiar with the deal, reported that $30 million would go to plaintiffs and $14 million would be used to pay...Entertainmentread more
Danish shipping group A.P. Moller-Maersk on Friday posted first-quarter profit close to expectations and warned that trade tensions and slowing economic growth constitute...Earningsread more
Wall Street is becoming convinced that both the White House and Beijing are willing to engage in a protracted trade war that could begin to hit consumers and slow global...Market Insiderread more
The U.S. Commerce Department said its proposed rule would amend the normal countervailing duty process to include new criteria for currency undervaluation.World Economyread more
SpaceX sent 60 satellites into space in a key first mission toward the company's own high-speed internet network.Internetread more
Zilingo founder Ankiti Bose says working as an investment analyst helped her build her near-$1 billion fashion start-up.Ditching the Corporate Liferead more
TransferWise, the money transfer start-up, was valued at $3.5 billion after investors bought $292 million of shares in a secondary sale.Technologyread more
Check out the companies making headlines midday Friday:
Celgene — Shares of Celgene rose 7.8 percent after proxy advisors Institutional Shareholder Services and Glass Lewis recommended that Bristol-Myers Squibb shareholders vote in favor of its bid to buy Celgene. The recommendations come weeks before shareholders vote on the $74 billion buyout of the biotechnology company.
CarMax — CarMax jumped 9.6 percent after it reported better than expected fourth-quarter earnings. CarMax reported earnings of $1.13 per share, 9 cents higher than expected.
BlackBerry — Shares of BlackBerry surged 13.6 percent after the company reported fourth-quarter results that beat analyst expectations. BlackBerry reported earnings of 11 cents per share, 5 cents higher than a Refenitiv estimate, and revenue of $255 million, $13.2 million higher than estimates.
RH —Shares of the luxury home goods retailer plummeted 21.9 percent after the company issued full-year earnings guidance that widely missed expectations. RH said it expects adjusted earnings per share to range between $8.41 and $9.08, well below a FactSet consensus of $10.11.
Wells Fargo — The bank's stock dipped 1.5 percent after CEO Tim Sloan announced on Wednesday he would retire from his post. Sloan took over as chief executive in 2016 after news that employees created millions of fake accounts to inflate sales numbers.
Comcast — Comcast shares slipped 1 percent after RBC downgraded them to sector perform from outperform, citing worries over households dropping cable in favor of streaming services and slower household growth.
DowDuPont — The Dow component rose 1.1 percent after falling more than 2.8 percent earlier in the session following its cut to its first-quarter sales forecast. DowDuPont noted its agricultural business took a hit from floods in the Midwest.
Progress Software — Shares of the software company surged 15.7 percent after it posted better-than-forecast earnings. Progress reported earnings of 50 cents per share, while analysts polled by Refinitiv expected a profit of 47 cents a share.
—CNBC's Nadine El-Bawab contributed to this report.