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
The embattled leader is expected to outline a timetable for her successor to be chosen.Europe 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
Assets under management at Swiss private bank Julius Baer rose 12% in the first four months of 2019 to a record 427 billion Swiss francs ($425.34 billion).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 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.