The biggest U.S. gasoline price surge in years is running out of steam just in time for the start of the summer driving season.Energyread more
Stocks rose on Friday, but notched weekly losses as investors worried the U.S.-China trade war is hurting economic growth.US Marketsread more
The combination of mounting recession fears, bets on a more cautious Fed and a regular uptick in market volatility could spell more losses.Marketsread more
The therapy, Zolgensma, is a one-time treatment for spinal muscular atrophy — a muscle-wasting disease and leading genetic cause of infant mortality, affecting 1 in every...Biotech and Pharmaceuticalsread more
SpaceX has raised just over $1 billion in financing since the beginning of the year.Investing in Spaceread more
An analyst for Ark Invest, which has a major investment in Tesla, says recent drastic price-target cuts by others on Wall Street are missing the big picture.Investingread more
A federal judge in California has blocked President Donald Trump from building sections of his long-sought border wall with money secured under his declaration of a national...Politicsread more
Former Foreign Minister Boris Johnson is seen as the bookmaker's favorite to succeed outgoing Prime Minister Theresa May.Europe Politicsread more
The race is underway to find a vaccine that can control African swine fever, a highly contagious and deadly viral infection ravaging China's hog population. There is currently...Agricultureread more
Apple bought Tueo Health, which was developing tech to help parents monitor asthma symptoms in children, using a mobile app and commercial breathing sensors.Technologyread more
Check out the companies making headlines before the bell:
Goldman Sachs — The investment bank reported quarterly profit of $5.71 per share, beating the consensus estimate of $4.89. Revenue fell short of forecasts, however. Goldman also increased its quarterly dividend to 85 cents per share from 80 cents a share.
Waste Management — Waste Management is buying smaller rival Advanced Disposal Services for $3 billion or $33.15 per share in cash. That represents a 22 percent premium over Advanced Disposal's Friday closing price.
CVS Health — Oppenheimer downgraded CVS to "perform" from "outperform," citing near-term legacy business challenges and its opinion that the execution of the company's strategy is more of a longer term opportunity for investors.
Catalent — Catalent announced a deal to buy closely held Paragon Bioservices for $1.2 billion in cash. The contract drug manufacturer will expand its presence in gene therapy drugs with the acquisition of Paragon.
Best Buy — Best Buy named chief financial officer Corie Barry as its next CEO, effective at the annual meeting on June 11. Current CEO Hubert Joly will move to the newly created role of executive chairman.
Facebook — Former White House chief of staff Erskine Bowles and Netflix CEO Reed Hastings will be leaving the Facebook board later this year. The company announced that neither would stand for re-election later this year after serving on the board since 2011.
Anheuser-Busch InBev — The beer brewer has added Citigroup and Bank of America to its roster of banks working on a $5 billion Asian initial public offering, according to Reuters. Morgan Stanley and JPMorgan Chase area already participants in the deal.
Levi Strauss — The jeans company was rated "overweight" in new coverage at J.P. Morgan Securities and "outperform" at Telsey. J.P. Morgan said the company has a mature brand multiyear growth drivers in place, while Telsey notes a "position of strength" as Levi Strauss returns to the public markets.
Alliance Data — The marketing company's Epsilon unit will be bought by French advertising giant Publicis for $4.4 billion, in a move by Publicis to expand its North American presence.
Walmart, Kroger — Walmart and Kroger were among retail companies sent letters by the Food and Drug Administration asking for a plan of action to prevent the sale of tobacco products to minors. Dollar Tree's Family Dollar unit and retail stores run by Chevron and Exxon Mobil were also among those cited.
Apple — Apple is spending "hundreds of millions" of dollars on new video games for its upcoming Arcade subscription service, according to a report in the Financial Times.
Clovis Oncology — Clovis is discontinuing trials for a drug that targets bladder cancer, after a review of data showed that the drug may not provide a meaningful clinical benefit.
Wells Fargo — Wells Fargo was downgraded to "neutral" from "buy" at Goldman Sachs and removed from the "Conviction Buy" list. Goldman questions the bank's ability to meet near-term and long-term financial targets.
Caesar's Entertainment — Caesar's will name Affinity Gaming Chief Executive Officer Anthony Rodio as its next CEO and will evaluate takeover interest in the casino operator, according to The Wall Street Journal.
CORRECTION: This article has been updated to show that Family Dollar is owned by Dollar Tree, not Dollar General.