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CNBC's Mike Santoli breaks down the aggressive buying of "sure things" and shunning of cyclical and policy risk.Trading Nationread more
The Iranian Intelligence Ministry held a briefing on Monday where they announced the alleged spies were Iranian citizens but trained by the CIA.World Newsread more
Equifax will pay at least $575 million, and potentially as much as $700 million, to settle allegations over its massive over 2017 data breach, U.S. regulators said in a...Technologyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
Two traders say Boeing's on the path to recovery.Trading Nationread more
Bridgewater Associates's flagship fund reportedly posted one of its worst first-half performances in two decades.Hedge Fundsread more
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These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Shares of Micron rose on Monday following an upgrade to buy from neutral from Goldman Sachs, citing a faster-than-expected deceleration in memory chip production.Investingread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
The company said Jennifer Newstead, the legal adviser to the U.S. State Department, is joining the company as its general counsel, replacing Colin Stretch, who said last year that he would be departing. Facebook also named John Pinette as vice president of global communications, succeeding Caryn Marooney, who announced her plans to leave in February.
Newstead, who was confirmed by the Senate in December 2017, is a government veteran, having previously worked at the Office of Management and Budget, the Department of Justice and as an associate White House counsel. Secretary of State Mike Pompeo thanked Newstead for her service in a statement, without addressing where she was going.
"Jennifer Newstead is an exceptional lawyer who has served the American people, our State Department team, and the Trump Administration faithfully as our Legal Adviser," Pompeo wrote. "Her expertise and sharp judgment on an array of critical foreign policy issues will be greatly missed."
Newstead brings some controversy with her. As part of the George W. Bush administration in the aftermath of the Sept. 11 terrorist attacks, Newstead helped draft the Patriot Act, which granted law enforcement agencies greater surveillance power over ordinary Americans.
Pinette most recently worked as vice president of marketing and communications at Vulcan, the business and philanthropic group started by Microsoft co-founder Paul Allen. Before that, he led communications for Bill Gates' private office and also worked at Google.
Facebook has seen an exodus of top talent since the company became embroiled in controversy following the 2016 presidential election, when the platform was manipulated by foreign actors and flooded with fake news. The company is now trying to regain the trust of users, lawmakers and even advertisers, and CEO Mark Zuckerberg has laid out his plans for a "privacy-focused" future.