MarketWatch - Top Stories

MarketWatch, a leading publisher of business and financial news, offers users up-to-the minute news, investment tools, and subscription products.
  1. Rather than paying attention to ESG factors, investment firms should concentrate on the “highest and best use” of their money.
  2. Asian markets trended down in early trading Friday, following a pullback by the Dow Jones Industrial Average and a continued drop in oil prices.
  3. Elon Musk and the Securities and Exchange Commission want more time to work out their dispute over whether the Tesla Inc. chief executive violated a court order restricting his use of social media.
  4. Intel Corp.’s new chief executive officer Bob Swan pulled the band-aid off on some of chip giant’s issues this quarter, hoping to solve them in one swoop, and get on a better path for the rest of the year.
  5. Warren Buffett’s Berkshire Hathaway Inc. bought back about $1.3 billion of its own stock last year, but the billionaire says that figure could wind up totalling as much as $100 billion.
  6. Amazon.com Inc. expects to improve the delivery times for customers who sign up for its Prime subscription program, cutting free deliveries to one day instead of two, an executive said Thursday afternoon.
  7. Amazon.com Inc. doubled its profit in the first three months of 2019, according to a Thursday earnings report, sending shares less than 1% higher in the extended session.
  8. Licensing company Authentic Brands Group LLC has emerged as a leading contender to buy Sports Illustrated from Meredith Corp., according to people familiar with the matter.
  9. Intel Corp. shares dropped in the extended session Thursday after the chip giant’s outlook fell way below Wall Street estimates offsetting an earnings beat.
  10. The Trump administration’s proposal to vastly expand offshore oil and gas drilling has been sidelined indefinitely as the Interior Department grapples with a recent court decision that blocks Arctic drilling, according to Interior Secretary David Bernhardt.