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 engineer named Morgan Beller.Technologyread more
After a year of flooding, Midwest farmers face a stifling heat wave that's spreading across the U.S.Agricultureread 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
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
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
The president also said he "offered to personally vouch" for Rocky's bail. Sweden, however, does not have a bail system.Politicsread more
CoinShares Chief Strategy Officer Meltem Demirors discusses Facebook's Libra project and its impact on the cryptocurrency market after testifying to the House Financial...Fast Moneyread 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
Amazon hires Trump-allied lobbyist Jeff Miller as battle for Pentagon contract heats up.Politicsread more
In a series of tweets, the president addressed an unusual controversy stemming from a speech delivered Thursday by New York Fed President John Williams.Marketsread more
Check out the companies making headlines in the premarket Wednesday:
Tesla — Tesla shares surged more than 7% in the premarket after the company reported record delivery and production numbers. The auto maker said it delivered 95,200 vehicles in the second quarter and produced just over 87,000.
Merck — An analyst at Mizuho Securities initiated Merck with a "buy" rating and a price target of $97 per share, implying an upside of 13.4%. The analyst highlighted how the drug Keytruda is driving Merck's "dominance in immuno-oncology."
USANA Health Sciences — The company lowered its full-year earnings outlook and now sees its annual profit ranging between $3.70 per share and $4.10 a share. USANA Health had previously forecast annual earnings between $5 per share and $5.35 a share.
AT&T — The telecom giant is looking to sell its regional sports networks as part of a debt-reduction plan, according to Bloomberg citing sources.
Dell, Microsoft, HP Inc — Nikkei reported that Dell, Microsoft, and HP were among a number of U.S. tech companies looking to shift "substantial" production operations out of China. HP and Dell, specifically plan to relocate as much as 30% of their production capacity out of China, the report said, citing sources.
Canopy Growth — Shares of the Canadian cannabis company fell 7% after co-CEO Bruce Linton said he was fired from his post. "The Board decided today, and I agreed, my turn is over," Linton said in a statement.
Starbucks — Stifel raised its price target on Starbucks to $86 per share from $65 a share, noting it expects the company's second-quarter same-store sales to come in above Wall Street expectations.