The attacks come after state and local ransomware attacks in New York, Louisiana, Maryland and Florida resulted in the loss of significant sums.Technologyread more
Stocks are bouncing higher but could be trapped in a range longer term, until there's a resolution of the trade wars.Market Insiderread more
Powell will have the opportunity if not to walk back the "midcycle" assessment then to at least provide some further explanation about what it means.Economyread more
The report comes as Trump in recent days has lashed out over media reports about growing recession fears.Politicsread more
Apple has spent more than $6 billion on original TV shows and movies for its forthcoming Apple TV+ service, according to a Financial Times report on Monday.Technologyread more
The Business Roundtable, led by Jamie Dimon, gives a new definition of the "purpose of a corporation."Marketsread more
Tilman Fertitta told CNBC on Monday that he is doing things in a "very conservative way" amid fears of a recession.Marketsread more
Saudi Aramco sent a request for proposal to several banks, people familiar with the matter told CNBC on Monday.Marketsread more
Twitter and Facebook have suspended accounts believed to be tied to a state-backed disinformation campaign originating from inside China.Technologyread more
J.P. Morgan estimates the average annual tariff cost per household will be $1,000 with the new round of Trump's tariffs.Marketsread more
CEOs from major U.S. corporations know they've "got to tell the story differently" about capitalism, said John Engler, the former president of the pro-business coalition.Marketsread more
Check out the companies making headlines before the bell:
Qualcomm — The chip maker awarded its executive team stock bonuses after its multibillion settlement with Apple over long-standing patent disputes. That included a stock bonus worth about $3.5 million for CEO Steve Mollenkopf.
Philip Morris — The tobacco producer has suspended a global social media marketing campaign involving its new heated tobacco device. That came in response to inquiries by Reuters into the campaign's use of youth-oriented online personalities.
Teva Pharmaceuticals — Teva is among 20 drug companies facing a lawsuit by US states accusing them of scheming to inflate drug prices. Novartis unit Sandoz is another large drugmaker named in the lawsuit.
Weatherford International — Weatherford plans to file for Chapter 11 bankruptcy protection. The oilfield services company has lost money steadily following the 2014 oil price collapse and has a substantial debt load.
Charter Communications — The cable operator is offering its subscribers exclusive original shows starting this month, including a reboot of NBC's popular 1990s sitcom "Mad About You."
Nielsen Holdings — Nielsen has lowered its sale price in hopes of keeping private equity firm Advent International at the bargaining table, according to the New York Post. Advent is the only remaining bidder for the company best known for TV ratings.
Merck — The pharmaceutical giant was upgraded to "overweight" from "neutral" at Atlantic Equities, which cited a number of positive factors for the drugmaker including valuation and the ability for its new products to overcome patent headwinds.
Pinterest — Citi rates Pinterest a "buy" in new coverage, saying it has done an effective job of growing its audience and monetizing its platform.
KB Home — Barclays upgraded the home builder's stock to "overweight" from "equal weight," saying housing market fundamentals have improved and stabilized but that KB Home's valuation still reflects a deteriorating market.
CORRECTION: This story has been updated to show that Qualcomm's CEO Steve Mollenkopf received a stock bonus worth about $3.5 million.