Disney CEO Bob Iger saw his potential pay for the year cut by $13.5 million on Monday. Read More...

General Electric Co is setting aside one of the largest amounts ever to cover potential losses on policies that provide long-term care in nursing facilities and patients’ homes.But insurance experts are concerned that may not be enough. Read More...

As the bull market turns 10 this week, the S&P 500 climbed back to the 2,800 threshold for the first time in nearly four months and has gained more than 11% so far this year.The strong rally pushed the index to its best start to a year since 1991 (read: Wall Street's Best Start Since 1987: Top ETFs of Top Sectors). READ MORE...

Tesla’s price cuts have been so significant in some regions that it devaluated some recently purchased vehicles by over 40% and it pushed some owners to literally organize protests. READ MORE...

According to the analysts, fundamental changes have been priced in after Kraft Heinz’s indication last month about potential headwinds to profit. Last month, The food company wrote down the value of its key brands Kraft and Oscar Mayer by around $15.4 billion, missed estimates of adjusted fourth quarter earnings and slashed its dividend to 40 cents per share. Morgan Stanley analyst Dara Mohsenian said, "From a stock perspective, we also see some potential upside optionality (and at least downside support) from potential further 3G involvement (increased stake or take private transaction)".However, he did indicate some caution around Kraft Heinz long-term growth in EBITDA.  Morgan Stanley maintained its price target for Kraft Heinz unchanged at $35 a share.

Durham, NC-based biotech Precision Biosciences has filed a prospectus for a $100 million IPO. Next year, the company should launch a Phase 1/2a clinical trial evaluating a gene-edited allogeneic CAR T candidate targeting CD18 in acute lymphoblastic leukemia (ALL) and non-Hodgkin lymphoma (NHL) patients.The company believes that this is the first allogeneic CAR T for NHL.

Gen Z, which makes up the demographic of ages 13 - 22, is abandoning old media altogether including TV, instead opting for digital content viewing in phones, tablets and laptops.For example, in 2015 Jack Davis along with horror master Eli Roth founded Crypt TV and have developed a slate of monster-centric IP that they distribute on YouTube and Facebook (FB) in the form of a short digital film and television series.

Breaking loose of its reputation of not being able to handle returns and refunds efficiently, the company further confirmed that from now on drivers will be given up to a week to return their newly purchased vehicles if they aren’t happy. Tesla’s CEO explained that there was no other way to reduce operating costs but to shift to e-commerce.The move will reduce the sales force on the retail side and also avoid dealing with local politics that have prevented Tesla from operating its own stores (dealerships) in certain states including Connecticut, New Mexico and others. The company further emphasized that this move could boost sales of Model 3 vehicles, by getting to the long-awaited base model price of $35,000. But that's not all.

Despite the small dip, construction spending for all of 2018 reached record levels, though it was the smallest increase seven years. The December decline followed a 0.8% rise in November, the Commerce Department reported Monday.Nonresidential activity rose 0.4%, while spending on government projects fell 0.6%, with both federal and state and local activity falling.

Newmont Mining Corp. rejected Barrick Gold Corp.’s $17.8 billion unsolicited takeover bid, a deal that would’ve created the world’s largest gold producer.READ MORE...

Medtronic Plc recently announced the receipt of 510 k clearance from the FDA for its Accurian RF ablation platform.This clearance will help the company with its strategy to strengthen position in the huge chronic pain management market. Read more...

They are offering $22.50 per share, a premium of about 69% to Nightstar's value. “Ophthalmology is an emerging growth area for Biogen,” said Michel Vounatsos, Biogen’s chief executive officer.“Nightstar would accelerate our entry into ophthalmology by contributing two mid- to late-stage gene therapy assets.” Biogen said it plans to fund the acquisition through available cash.

WarnerMedia announced a new organizational model and leadership team Monday in hopes of advancing its content development. The Wall Street Journal reported that "significant layoffs" are expected at the company as part of the reorganization, citing sources. The reorganization comes just days after Richard Plepler announced in an internal memo obtained by CNBC that he would step down from his role as HBO CEO.READ MORE...

China and the U.S. are approaching the finish line on trade negotiations that could end later this month, according to three sources. Negotiations are in the "final stages" as the two sides plan a summit for the end of March at Mar-a-Lago, President Donald Trump's Florida resort, sources told CNBC.READ MORE...

For the three months ending January 31, Splunk reported adjusted earnings of 93 cents per share, beating analysts’ estimates of 76 cents per share.It also revised upwards its revenue projection for the fiscal year ending January 2020 to $2.2 billion compared to a previous guidance of $2.15 billion.  Splunk’s stock saw price target raises from several analysts.

Nutanix delivered earnings better than expected for its fiscal second quarter, but indicated weaker guidance for the next quarter compared to analysts’ projections. The cloud services company’s adjusted net loss for the three months ending January 31 came in at -23 cents per share, which is less pronounced than analysts’ Wall Street estimates of a loss of -25 cents per share.However, billings (or signed contracts not yet on paper) for the quarter - at $413.4 million – came in lower than analysts’ estimates of $416.5 million. What could potentially disappoint some investors is Nutanix’s projections for the fiscal third.

Brazilian mining giant Vale SA could face a close to $7 billion fine if it is convicted of colluding with safety auditors to hide dangerous conditions at the mining tailings dam near Brumadinho that later collapsed, killing more than 180 people. Read More...

Shell will be prosecuted for criminal charges relating to a $1.3 billion settlement for an oil exploration licence in Nigeria, and has also been summoned by prosecutors to face charges over chemical emissions and an explosion. Read More...

Tesla CEO Elon Musk has Twitter-teased a potential entrance to the Indian market for the electric vehicle maker in recent years.If the billionaire does ever bring his renewable-energy vision to India, he may want to lead with battery-based energy-storage solutions for the grid rather than electric cars. Read More...

The company reported annual revenue growth of 22% to $19.6 billion (134.8 billion RMB) beating estimates by $210 million, according to its latest Q4 report. Non-GAAP net income of JD for the quarter rose 67% to 749.9 million RMB ($109.1 million), or $0.07 per ADS, which beat the estimates by $0.12.Compared to Q4 2017, the results of Q4 2018 showed deceleration in JD's annual growth in GMV (gross merchandise volume), active customers, and revenue.  But JD expects a revenue rise of 18% to 22% in the first quarter, matching Wall Street expectations.