The U.S. will likely emerge the winner in a "cold currency war" that is heating up, an expert said.Currenciesread more
These box office numbers do not include the cost of production or marketing costs. They also don't count the billions in merchandising that Disney has made over the last...Entertainmentread more
Tariffs are the only instrument left for addressing China's systematic and excessive surpluses on its U.S. trades, writes Michael Ivanovitch.US Economyread more
In its latest attempt to build market credibility, China on Monday launched the Science and Technology Innovation Board, or "STAR Market," on which 25 companies were listed.China Economyread more
When Cathy Hsu and Tony Hsieh wanted to build an English language app for Chinese children, they decided to follow Facebook and Google's lead.Start-upsread more
Stocks in Asia traded lower on Monday afternoon, as a Nasdaq-style technology board on the Shanghai Stock Exchange marked its debut.Asia Marketsread more
Instagram began tests that hide "like" counts on posts. That means influencers who market products on Instagram will have to rely on different metrics to show success.Technologyread more
Peter Neupert worked for Microsoft and Amazon-backed Drugstore.com, where he got to know Jeff Bezos. He now advises start-ups.Technologyread more
The firing of the tear gas was the latest confrontation between police and protesters who have taken to the streets for over a month to fight a proposed extradition bill and...China Politicsread more
Last week shows that oil prices are not the indicator for Middle East tensions they once were, and worries about global demand and growing U.S. production has changed that...Market Insiderread more
Facebook Vice President David Marcus is the face of the company's Libra digital currency, but the original driving force was a 26-year-old female corporate-development...Technologyread more
Check out the companies making headlines after the bell:
Shares of Merck & Co dropped as much as 9% in extended trading on Monday, before erasing those losses, after the pharmaceutical company announced that its medication Keytruda failed to meet expectations in phase 3 of the drug's trial. Keytruda, a breast cancer medication, did not show results that met the desired requirements when compared to patients treated with chemotherapy.
Shares of Snap ticked slightly higher after the company announced it has named a new chief financial officer to take over for interim CFO Lara Sweet, effective immediately. The social media company promoted Derek Andersen, Snap's current vice president of finance, to permanently fill the position of chief financial officer. Lara Sweet will be taking over the role of chief people officer.
Shares of General Motors seesawed after news broke that the company will be ending its 'Maven' car-sharing service in eight of the 17 North American cities in which it is currently offered. Maven, launched in 2016, will end the service in the next few months in cities including Chicago and Boston. GM did not disclose the full list of cities where service will be eliminated. Cities the service will continue to operate in include Los Angeles, Washington D.C., Detroit and Toronto.
Shares of Mercury Systems dropped more than 5% after the aerospace and defense company announced it will be issuing 5 million shares of its common stock in an underwritten public offering. The company intends to use the net proceeds from the offering towards refinancing or repayment of debt and future acquisitions, as well as other corporate expenses.