The fallout from the U.S. crackdown on Huawei intensified this week, as trade negotiations between Washington and Beijing reportedly hit a roadblock.Asia Marketsread more
The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.The Fedread more
Google has decided to stop licensing its Android operating system to Huawei, in order to comply with a U.S. trade blacklist.Technologyread more
Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.Marketsread more
Mall owners are increasingly building out food halls with local chef-driven eateries, sushi bars and premium coffee shops.Retailread more
While Trump's lawyers had argued that the committee's subpoena did not have a legitimate legislative purpose — and was therefore invalid — Mehta took a broader view.Politicsread more
See which stocks are posting big moves after the bell on Monday, May 20.Market Insiderread more
Silicon Valley argues that Wall Street focuses too much on near-term profits — but investors have embraced money-losing biotech IPOs.Marketsread more
Iran has quadrupled its output of nuclear material amid rising tension with the U.S. and dangerous escalations in the Middle East.Energyread more
The announcement comes amid a wave of store closures across the country this year.Retailread more
"Unlike Bernie Sanders or Elizabeth Warren or Kamala Harris, Biden's against 'Medicare for All,'" the "Mad Money" host says.Mad Money with Jim Cramerread more
Check out the companies making headlines midday Monday:
Kimberly-Clark — Kimberly-Clark rose 5.4% after the company reported strong first-quarter earnings. The parent company of Kleenex, Huggies and Kotex reported $1.66 per share versus the expected $1.54 per share, according to Refinitiv.
Tesla — Shares of the automaker fell 3.9% following an apparent explosion of one of its vehicles in Shanghai. It wasn't immediately clear which Tesla model was affected, and the company sent a team to China to investigate.
Boeing — Shares of the airline manufacturer dropped 1.3% following The New York Times' report that Boeing ignored workers' concerns over its production quality of 787 Dreamliner jets. Complaints come after two fatal crashes since October of its 737 Max.
CannTrust Holdings — Shares of CannTrust Holdings dropped 3.4% after the Canadian producer of medical and recreational cannabis announced it will issue $200 million worth of additional shares.
Bed Bath & Beyond — Bed, Bath & Beyond fell 4% after the housewares retailer announced it will be reconstructing its board. Five independent directors, the company's founders and the co-chairman will all leave their positions on the board. Lead independent director Patrick Gaston has been named as the new chairman of the board.
Chevron, Exxon Mobil — Shares of the major energy companies rose 1.7% and 2.2%, respectively, after the U.S. announced it will halt sanction waivers to countries importing oil from Iran. The broader energy sector also outperformed on Monday, with the Energy Select Sector SPDR Fund surging 2.1%.
Rent-A-Center — Rent-A-Center shares jumped 7.2% after the company settled a lawsuit related to the termination of its merger with Vintage Capital Management. The company received more than $92 million from the deal.
W.W. Grainger – Shares of the industrial product distributor fell more than 5% after reporting revenue that missed Wall Street forecasts. The company's CEO said sales were "softer than expected." Earnings, however, did beat expectations, and W.W. Grainger reiterated its outlook for the remainder of the year. The stock is on pace for its worst day of trading since early December.