The company's S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, second only to Uber's IPO in May. It's also...Technologyread more
Fraud investigator Harry Markopolos' accusations extended beyond GE's management to actuaries, auditors and analysts who he claims overlooked billions in liabilities.Marketsread more
Trump's tweet comes a day after Apple put out a press release describing the money it spends on U.S.-based suppliers and vendors.Technologyread more
CNBC combed through Wall Street research to see which stocks are still a buy after their earnings reports.Marketsread more
President Donald Trump held a call on Wednesday with the CEOs of three major U.S. banks, according to people with knowledge of the situation.Marketsread more
Despite aggressive strides, Waymo needs one thing before their self-driving cars become a seriously useful transportation system: people. We talked to the ones closest to it.Technologyread more
Scientists say the smoke plumes, filled with megatons of tiny, harmful particles, could travel to other areas of the world and cause serious respiratory problems for people.Weather & Natural Disastersread more
Some Weight Watchers loyalists applaud Kurbo by WW. But nutritionists worry Kurbo promotes an unhealthy relationship with food during an especially impressionable time.Health and Scienceread more
Benefits from what President Trump called "the biggest reform of all time" to the tax code have dwindled to a faint breeze just 20 months after its enactment, writes John...Politicsread more
Epstein, 66, was found in his cell in Manhattan federal lockup Saturday morning and transferred to a nearby hospital, where he was subsequently pronounced dead.Politicsread more
Air travelers faced delays at U.S. airports on Friday afternoon after a computer issue snarled processing of international arrivals.Airlinesread more
Futures were mixed this morning. The S&P 500 on Tuesday set its first record close since September, while the Nasdaq posted its first record close since August. Roughly half of S&P stocks are still below where they were the last time the S&P set a record close. Ahead of Wednesday trading, the Dow was less than 1% away from its all-time high close from October. (CNBC)
* The Fed's key interest rate keeps climbing higher, and that could become a problem (CNBC)
Occidental Petroleum (OXY) bid $76 per share for Anadarko Petroleum(APC) today, higher than a previous offer for the company by Chevron (CVX), according to a copy of a news release viewed by CNBC.
Dow components Boeing (BA) and Caterpillar (CAT) lead this morning's parade of corporate earnings, along with AT&T (T) and Biogen (BIIB). Facebook (FB), Microsoft (MSFT), Visa (V), and Tesla (TSLA) highlight today's after-the-bell earnings. (CNBC)
* AT&T posts a surprise gain in quarterly wireless phone subscribers (Reuters)
Snap (SNAP) shares were 5% higher in premarket trading after it posted a loss of 10 cents per share for its latest quarter, smaller than the 12 cent loss expected by Wall Street analysts. The Snapchat parent's revenue also came in above estimates. (CNBC)
iRobot (IRBT) shares were falling about 14% in the premarket after the Roomba vacuum maker saw revenue fall short of forecasts. However, the company did beat on quarterly earnings and did raise its full year profit forecast. (CNBC)
There is no government economic data on today's schedule, but the Mortgage Bankers Association issues its weekly look at mortgage applications at 7 a.m. ET. The Energy Department is out with its usual Wednesday look at oil and gasoline inventories at 10:30 a.m. ET. (CNBC)
* Mortgage applications fall as the highest rates in a month are spooking spring buyers (CNBC)
The U.S. will send a high-level delegation to Beijing next week as trade negotiations with China continue, White House Press Secretary Sarah Huckabee Sanders said. Both sides have met several times in a bid to hammer out a deal to end their trade war. (CNBC)
* UK will reportedly allow Huawei to build out parts of its 5G networks (CNBC)
* Here's why China and India will remain on Iranian oil imports (CNBC)
President Donald Trump met with Twitter (TWTR) CEO Jack Dorsey at the White House. A Twitter spokesperson said topics included "protecting the health of the public conversation" and responding to the opioid epidemic. (CNBC)
House Speaker Nancy Pelosi will meet with Trump next week to talk about infrastructure. Pelosi has tried to keep the focus of her comments on issues rather than increasing calls for Trump's impeachment within the Democratic caucus. (CNBC)
* Mueller report splits 2020 Democrats and House leaders on impeachment (CNBC)
The Treasury Department declined to turn over Trump's tax returns by a Tuesday deadline set by a key House Democrat. The decision could escalate a battle over the documents and even prompt a court fight. (WSJ)
Kraft Heinz (KHC) is weighing the sale of its Ore-Ida frozen potato brand, maker of Tater Tots, according to people familiar with the situation who spoke to CNBC. Kraft Heinz has hired Evercore Partners to assist in the possible sale.
Kohl's (KSS) announced it will start accepting returns for items purchased on Amazon (AMZN) at all of its stores across the country, starting in July. This option is available at just 100 Kohl's stores today. (CNBC)
Rite Aid (RAD) announced plans to increase its minimum age for buying tobacco products to 21 from 18, matching a move made by rival Walgreens (WBA). CVS Health (CVS) stopped selling tobacco products in 2014. (CNBC)
* Tobacco company starts life insurance firm with discounts to smokers who quit (CNBC)
Tesla (TSLA) CEO Elon Musk sent a two-line email telling employees how great the automaker's self-driving showcase event Monday went, but the plan had a lot of holes. So-called Autonomy Day served to distract from Tesla's recent operational challenges. (CNBC)
* Tesla upgrades Model S and Model X cars, brings back cheaper variants (Reuters)
CBS (CBS) suspended its search for a new Chief Executive Officer, instead extending the term of acting CEO Joe Ianniello through the end of the year. The move has reignited speculation that CBS and Viacom (VIAB) may once again explore a potential merger.
Texas Instruments (TXN) reported quarterly profit of $1.26 per share, 13 cents above estimates, with the chipmaker's revenue also coming in above Wall Street forecasts. However, the company did warn that a slowdown in microchip demand may last for a few more quarters.
STMicroelectronics (STM) cut its full year spending target, as demand for smartphone and other semiconductors shrinks.
EBay (EBAY) came in 4 cents above estimates with adjusted quarterly profit of 67 cents per share, with the online marketplace's revenue also above forecasts. EBay also raised its profit and revenue outlook for the full year, amid a rise in active buyers.
SAP (SAP) posted on operating loss for its latest quarter, largely from a restructuring charge. The German business software provider did set a goal of expanding operating margins by five percentage points by 2023.
PG&E (PCG) received court approval to pay workers up to $350 million in bonuses as incentives to help the California utility meet its safety goals.
Lululemon (LULU) CEO Calvin McDonald told the Wall Street Journal that the apparel maker has no plans to cut prices, despite the proliferation of copycat products hitting the marketplace.
Best Buy (BBY) was upgraded to "buy" from "hold" at Jefferies, which points to optimism regarding the electronics retailer's expansion of services.
Disney's (DIS) "Avengers: Endgame" will play in more than 4,600 theaters in the U.S. and Canada on Thursday night, according to Comscore. The opening is prompting theaters to plan 24-hour screenings and doubling the popcorn. (WSJ)