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
Amazon's new policy for account suspensions doesn't go far enough to protect sellers from potentially unfair and wrongful suspensions, merchants say.Technologyread more
There is no end in sight to the Boeing 737 Max grounding after two fatal crashes, prompting airlines to rethink their growth plans.Airlinesread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Weather & Natural Disastersread more
On Saturday, Disney's Marvel Studios announced its upcoming slate of superhero films during a panel at San Diego Comic-Con.Entertainmentread more
Moving lots of data to a public cloud over the internet can take months or years. CNBC got an inside look at how AWS transfers data to the cloud for its clients.Technologyread more
A quarter of the S&P 500 companies report earnings next week, and that could buffet the market as investors await the July Fed meeting.Market Insiderread more
Iran's Revolutionary Guard claims a British tanker it still holds, Stena Impero, failed to follow international maritime rules.World Newsread more
"It troubles me that the most important political office in the world is becoming the face of racism and exclusion," Kaeser said in a Twitter post.Politicsread more
Silver's rally could be losing its shine after the precious metal reached its year-to-date high, futures experts warn.Futures Nowread more
Some 40% of Americans would struggle to come up with even $400 to pay for an emergency expense. Just how are so many Americans so short on cash? Blame debt.Personal Financeread more
Check out the companies making headlines in midday trading:
Chip stocks— Shares of chipmaker stocks rose broadly after President Donald Trump and Chinese President Xi Jinping agreed not to impose new tariffs on U.S. and Chinese goods and Trump said China will ease its ban on American companies selling products to Huawei. Skyworks rose 6%, Western Digital up 4%, Micron up 3%, Qualcomm rose 1%, Broadcom up 4% and AMD rose 2% and Nvidia rose 1%.
Coty— Shares of cosmetic distributor Coty fell 13% after the company unveiled its turnaround plan which includes spending $600 million over the next four years to "rediscover growth" and improve margins, the company said in a release. Coty, which distributes cosmetic brands like Opi, Covergirl and Sally Hansen, was the best performing stock in the S&P 500 for the first half of 2019, gaining more than 100%.
Wynn Resorts, Las Vegas Sands— Shares of Casino stocks Wynn Resorts and Las Vegas Sands rose 5% and 4% respectively after Macau gaming authority said gambling revenues were better-than-expected in June. Gross gaming revenue in Macau rose 5.9% last month, while StreetAccount estimated of a rise of 2.5%.
MSG Networks - The cable network company's stock dropped 1.9% after it failed to sign NBA Kevin Durant and other superstar free agents. The company, which broadcasts the New York Knicks, will miss out on higher viewership and increased revenues. At the stock's low of the day, down 8.1%, MSG Networks had lost $126 million in market value, more than half of the $164 million that ESPN reported the Brooklyn Nets will pay to sign Durant to a four-year contract.
Biogen— Biogen shares rose 0.7% after the biotechnology company reported positive results for its spinal muscular atrophy drug Spinraza. The company cited "unprecedented" results, including that 88% of pre-symptomatic infants treated with the drug were able to walk independently.
United Therapeutics— United Therapeutics shares rose 5% after a Credit Suisse upgraded the biotechnology company to outperform from neutral and raised his price target on the stock to $101 from $98 per share. Credit Suisse said the company's valuation is attractive at current levels.
Evo Payments—Shares of Evo Payments dropped 6% after BTIG downgraded the payments company to neutral from buy. BTIG cited a full valuation after the stock's 27% surge this year.
—CNBC's Marc Rod, Mallika Mitra and Elizabeth Myong contributed to this report.