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
concerns@ (For a live blog on the U.S. stock market, click or type LIVE/ in a news window.)
* U.S. may delay permitting firms to trade with Huawei
* UK GDP contracts unexpectedly in Q2
* Symantec gains after Broadcom confirms talks
* Uber slides after reporting record loss
* Futures down: Dow 0.50%, S&P 0.60%, Nasdaq 0.80% (Adds comment, details; Updates prices)
Aug 9 (Reuters) - U.S. stocks were set to open lower on Friday, as investors grappled with fresh trade tensions, political turmoil in Italy and a surprise contraction in Britain's economy.
Shares of chipmakers and other tariff-sensitive stocks came under pressure after a report that Washington was delaying a decision about allowing some trade between U.S. companies and China's telecom equipment maker Huawei again.
Micron Technology, Nvidia Corp and Intel Corp fell between 0.7% and 1.7% in premarket trading, while Apple Inc slid 0.8%.
In Europe, Italy's ruling League party Deputy Prime Minister Matteo Salvini called for early elections; while Britain's economy shrank for the first time since 2012, raising concerns as the country gears up to leave the EU in October.
"Political uncertainty in the eurozone is adding an additional variable that the market has to juggle around with. That, coupled with the GDP numbers and the trade war, is giving investors an indigestion," said Andre Bakhos, managing director at New Vines Capital LLC in Bernardsville, New Jersey.
"Until we get some sort of tangible answers to what the (Trump) administration is going to do with China, this is going to be a overhang on the market, creating plenty of sharp swings."
U.S. stocks roared back on Thursday, recording their best one-day percentage surge in two months and helping the S&P 500 hold on to slims gains in what has been a turbulent week for the markets dominated by a symbolic drop in China's currency.
At 8:37 a.m. ET, Dow e-minis were down 132 points, or 0.5%. S&P 500 e-minis were down 17.75 points, or 0.6% and Nasdaq 100 e-minis were down 61.5 points, or 0.8%.
Investors looking for safety in turbulent times helped the defensive sectors this week, with consumer staples, utilities and real estate indexes faring better than most other major S&P 500 sectors.
Following a near 12% jump on Thursday, Symantec Corp gained 1.9% after chipmaker Broadcom Inc confirmed it would buy the antivirus software maker's enterprise security unit for $10.7 billion in cash.
Uber Technologies Inc slipped 8.7% after reporting a record $5.2 billion loss and revenue that fell short of Wall Street targets as growth in its core ride-hailing business slowed.
Nektar Therapeutics shares plunged 36% after the drug developer flagged manufacturing issues with its experimental cancer drug bempeg. (Reporting by Medha Singh in Bengaluru; Editing by Anil D'Silva)