Stocks rose sharply on Monday as Treasury yields rebounded, quelling fears of a possible recessionUS Marketsread more
These are the stocks posting the largest moves midday.Market Insiderread more
The president said the Fed has been hampered by a "horrendous lack of vision" and said it should institute 100 basis points worth of reductions in its benchmark rate.Marketsread more
Investors should be careful not to buy or sell stocks based on last week's brief inversion of the yield curve in the bond market, CNBC's Jim Cramer warns.Investingread more
The service will be available on popular platforms such as Apple TV, Google Chromecast and Roku, but not Amazon's Fire TV.Technologyread more
"If he had brought all of his data to the SEC first, he would reap potentially, up to 30% of the potential recovery," says former SEC Chairman Harvey Pitt.Investingread more
J.P. Morgan says investors should remain guarded for the rest of August and wait until next month before buying stocks again.Marketsread more
Aug 13 (Reuters) - U.S. Federal Aviation Administration (FAA) has banned certain models of Apple Inc's MacBook Pro laptops on flights, after the company recalled select units which had batteries posing fire risks.
"The FAA is aware of the recalled batteries that are used in some Apple MacBook Pro laptops," the agency's spokesman said in an emailed statement on Monday, adding that the agency has "alerted airlines about the recall."
Apple said in June it would recall a limited number of 15-inch MacBook Pro units as their batteries were susceptible to overheating. The units were sold between September 2015 and February 2017.
Apple did not immediately respond to a Reuters' request for comment. (Reporting by Debroop Roy in Bengaluru and David Shepardson in Washington; Editing by Rashmi Aich)