The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Check out the companies making headlines midday Monday:
Citigroup, J.P. Morgan Chase, Bank of America — The big banks all shot up more than 2 percent as interest rates jumped on strong economic data. Manufacturing activity in the U.S. rebounded from its lowest level since 2016, while the manufacturing sector expanded at its fastest pace in eight months. This lifted the benchmark 10-year Treasury yield to 2.47 percent from depressed levels last week.
Wynn Resorts — Shares of Wynn Resorts jumped 8.4 percent, the most among S&P 500 companies, after March gambling revenue from the Chinese territory of Macau was higher than analyst expectations. Revenue fell just 0.4 percent, while analysts had forecast a 6 percent drop. Wynn accrues 69 percent of its revenue from the region, according to Morgan Stanley. Shares of other casino operators like Las Vegas Sands and Caesars Entertainment also traded higher.
Redfin — Shares of the real estate brokerage firm jumped nearly 7 percent after an analyst at Piper Jaffray upgraded the stock to overweight from neutral, citing a better outlook for the housing market as interest rates remain flat.
Amazon —Amazon rose 1.9 percent after Oppenheimer raised its price target one the e-commerce company's stock to $2,085 a share from $1,975. Oppenheimer said it hiked its price target to reflect the company's market lead in artificial intelligence and cloud adoption.
Lyft —Lyft dropped 11.9 percent on its second day of trading in the public market, falling below the stock's IPO price of $72 per share. This comes after Guggenheim initiated Lyft with a neutral, saying there are "too many big assumptions to make a case for the stock."
Comscore — Comscore tumbled 29.7 percent after announcing their CEO and president were both stepping down from their roles. The former CEO cited "irreconcilable differences " with the board over the company's strategy and execution, according to the Wall Street Journal. The company has launched an internal and external search to find a permanent replacement, while Dale Fuller, a current director, will be serving as the company's interim CEO.
Activision Blizzard — The video game maker climbed 3.5 percent after Wedbush Securities named it one of its "best ideas" for 2019, noting: "Activision Blizzard is well positioned to deliver significant outperformance in 2019 and outsized growth in 2020."