Stocks dropped after Donald Trump ordered that U.S. companies find alternatives to their operations in China.US Marketsread more
Trump said he was ordering "our great American companies" to "immediately start looking for an alternative to China, including bringing your companies HOME and making your...Politicsread more
President Trump again rips into Federal Reserve Chairman Jerome Powell, comparing him to Chinese President Xi Jinping.Politicsread more
Powell repeats his pledge to keep the economic expansion going while acknowledging that tariffs and other factors are causing growth to slow.The Fedread more
China says the new tariffs will begin Sept. 1 and Dec. 15. That's when President Trump's latest tariffs on Chinese goods are to take effect.Marketsread more
The Koch brothers financed one of the most influential political networks in the modern era. The sprawling political empire includes conservative and libertarian nonprofits...Politicsread more
On Tuesday, Walmart filed suit against Tesla alleging its solar panels had caused fires in seven of its stores.Technologyread more
Amazon shows numerous listings for toys and medications that lack the proper health risks to children, as well as sleeping mats previously banned by the FDA, according to a...Technologyread more
The recession obsession has captivated Wall Street, and experts are seeking stocks that can shield investors from the potential pain.Trading Nationread more
Google on Friday released a new set of community guidelines that are meant to crack down on what employees can say inside the company.Technologyread more
The idea came up as the White House brainstorms on ways to avoid a preelection economic slowdown, The Washington Post reports.US Economyread more
Check out the companies making headlines before the bell:
UnitedHealth — The health insurer reported adjusted quarterly profit of $3.73 per share, beating the consensus estimate of $3.60. Revenue beat forecasts, and the company also raised its full year forecast amid strength in its Optum health information technology unit as well as increases in health plan memberships.
Johnson & Johnson — Johnson & Johnson beat estimates by seven cents with adjusted quarterly profit of $2.10 per share, with revenue also beating forecasts. Results were helped by strong sales of treatments for psoriasis, Crohn's disease, and cancer, and J&J has now raised its full-year sales forecast.
Bank of America — The bank earned 70 cents per share for the first quarter, 4 cents a share above estimates. Revenue came in slightly below forecasts, amid what CEO Brian Moynihan called a "challenging" capital markets environment.
BlackRock — The asset management firm beat earned $6.61 per share for the first quarter, compared to a consensus estimate of $6.13 a share. Revenue was in line with Wall Street forecasts, and BlackRock also announced a 5% dividend increase.
AT&T — AT&T sold its ownership stake in Hulu to the video streaming service for $1.43 billion, a sale that values Hulu at $15 billion. That leaves Walt Disney and NBCUniversal and CNBC parent Comcast as Hulu's owners, with Disney owning 60%.
J.B. Hunt Transportation Services — J.B. Hunt reported quarterly profit of $1.09 per share, missing the $1.26 a share consensus estimate. The trucking and logistics company's revenue was short of forecasts as well, as its volumes were hurt by severe weather conditions in the Midwest.
Chevron — Chevron won a court victory in a case involving Ecuador's attempt to collect a $9.5 billion judgment against the energy giant over pollution. The Supreme Court of the Netherlands ruled against Ecuador's attempt to overturn an international tribunal ruling in Chevron's favor.
Goldman Sachs — Goldman will lay off 98 employees in New York, according to a filing with New York State. The filing said the workers are being dismissed for economic reasons, but did not specify where the layoffs would occur within the bank.
Amgen — Amgen set a list price of $1,825 per month for its Evenity osteoporosis drug. The Food and Drug Administration approved the drug last week, but mandated a so-called "black box" warning about an increased risk of heart attack and stroke.
Walmart — Walmart announced a partnership with children's styling service Kidbox, and will offer fashion boxes for kids containing five items for $48. That represents a 50 percent discount off suggested retail prices for the items.
DowDupont — DowDupont was downgraded to "sector perform" from "top pick" at RBC Capital Markets, which points to macroeconomic concerns for the chemical maker.
Western Digital — Western Digital was upgraded to "buy" 'from "hold" at Deutsche Bank, which cites favorable data points in both hard disk drives and NAND flash memory.