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
Check out the companies making headlines midday Monday:
Boeing — Boeing shares dropped more than 4.5% after the editor of Chinese newspaper Global Times said China could single out the aerospace giant as the U.S.-China trade war continues. Earlier in the day, China decided it would hike tariffs on $60 billion worth of U.S. imports starting June 1.
ADT — ADT dropped more than 6% after Morgan Stanley downgraded the stock to equal weight from overweight. The investment bank also lowered its price target for the stock to $7 from $9. The analysts cited results from a survey which found homeowners have the same level of interest in do-it yourself security (DIY) systems as they do in ADT systems. Additionally, more consumers switched to DIY systems than expected.
Deere — Shares of Deere fell 6.3% after Baird downgraded the company to neutral from outperform. Baird said that the manufacturer's fundamentals have "weakened," and that the demand environment seems to be "deteriorating." Baird also gave Deere a new price target of $150.
Bed Bath & Beyond — Shares of Bed Bath & Beyond fell more than 4% after CEO Steven Temares stepped down, effective immediately. This comes amid a push from activist investors for the company to make changes. Newly appointed member of the board Mary Winston will serve as a temporary replacement for Temares until a permanent replacement is found.
Teva Pharmaceutical Industries, Mylan — The drugmakers' shares fell 14.8% and 9.4%, respectively, after 44 states filed a lawsuit alleging that pharmaceutical companies conspired to raise prices for more than 100 generic drugs.
Uber Technologies — Shares of Uber tanked more than 10% following a disappointing debut on the New York Stock Exchange on Friday. Monday's drop pushed the price to below $38 a share, much lower than the initial target range of $44 to $50 per share on the eve of its debut. Investors are wondering if Uber's fate will match that of its ride-hailing competition Lyft, who is down more than 30% since its IPO in March.
Tyson Foods — Shares of the food company fell less than 1%, outperforming the broader market, after an analyst at Stephens named it a "best idea," noting Tyson is "well positioned" while the valuation "remains compelling."