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
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
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
Daniel Povey, a professor who was fired by Johns Hopkins University, said he will no longer go work at Facebook after the company asked him to work as a contractor while it...Technologyread more
Markets would like Fed Chairman Jerome Powell to clarify whether the Fed sees itself at the beginning of a serious, longer-term rate cutting cycle.Market Insiderread more
In comparative terms, CEOs now make on average 278 times the average worker's salary, according to the Economic Policy Institute.Executive Compensationread more
The former cellmate's lawyer, Bruce Barket, told NBC that officials at the jailhouse said in an email that Tartaglione would face no charges or internal discipline now that...Politicsread more
Roger Stone and the Department of Justice have been sparring for a month over whether jurors can be shown a 4-minute-and-20-second clip from the film.Politicsread more
As part of his new proposal to combat hate and violence, O'Rourke wants to make social media companies liable for users' hateful content.Technologyread more
Check out the companies making headlines midday Thursday:
Tesla — Shares of the electric car company rose over 3.6% following its announcement of plans to raise $2 billion in capital through new equity and convertible notes. Tesla CEO Elon Musk signaled his intent to buy about $10 million of stock, or about 41,896 shares.
Wayfair — Wayfair plunged as much as 11% after the company reported steep gains in revenue, but a greater-than-expected loss for the first quarter of the year. Wayfair's revenue rose 39% to $1.94 billion in the first quarter of the year, compared with the $1.92 billion expected, according to data from Refinitiv. However, the online furniture-retailer posted a loss of $200.4 million, or $2.20 a share, versus a loss of $107.8 million, or $1.22 a share, during the same period a year earlier.
Eventbrite — Shares of Eventbrite continued to crater down 29% based on dismal first-quarter earnings and weak outlook released Wednesday. The stock is trading below $18 per share, its lowest level since its initial public offering in September of 2018. The online ticketing platform reported a loss of 13 cents per share on revenue of $81.3 million. Analysts forecast a loss of 9 cents on revenue of $83.0 million, according to Refinitiv.
Beyond Meat — Beyond Meat, which celebrated its initial public offering Thursday, saw its stock rocket as much as 140% in the hours following its first public trade. Beyond offers meat alternatives ranging from faux ground beef to burger patties and priced its IPO at $25 per share. The stock was last seen at $61.
Under Armour — Under Armour rose 4.32% after the sportswear company reported better-than-expected first-quarter earnings. Under Armour reported earnings of 5 cents per share, while analysts had expected no earnings, and revenues of $1.205 billion, $24 million higher than expected. The company also raised its guidance for the 2019 fiscal year.
AmerisourceBergen — Shares of AmerisourceBergen rose 3.92% after the company reported mixed second-quarter earnings. The wholesale company reported earnings of $2.11 per share, 16 cents higher than expected, and revenues of $43.481 billion, $161 million lower than expected.
Discovery Communications — Discovery Communications fell more than 5% Thursday after reporting disappointing first-quarter revenue before the bell. The media company posted revenue of $2.707 billion, lower than the expected $2.716 billion, according to Refinitiv. Earnings per share were 87 cents, topping the forecast 79 cents.