While the U.S. gave Huawei a 90-day reprieve, allowing American businesses to keep selling specific products to the Chinese firm, it also added more affiliates of the...Technologyread more
The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
China's pursuit of the Middle East may spur growth in the Islamic finance sector.World Economyread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
United States Steel Corp will temporarily lay off hundreds of workers at its Great Lakes facility in Michigan in coming weeks, according to a filing the steelmaker made with...US Marketsread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Beijing will lower borrowing costs for companies, but that may not boost the economy as much as some hope.China Economyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Stocks in Asia mostly traded higher Tuesday morning as minutes from the Reserve Bank of Australia's July meeting were released. The People's Bank of China also published its...Asia Marketsread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.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.