The Wall Street Journal: Facebook’s top attorney stepping down as company faces multiple probes

The Wall Street Journal: Facebook’s top attorney stepping down as company faces multiple probes
Facebook Inc.’s top lawyer, who led the company’s investigation into Russian election interference, is leaving the company at the end of the year. Colin Stretch, who has worked at the company since 2010, announced his departure in a Facebook post Tuesday afternoon. He leaves while Facebook FB, +1.78%   is the subject of multiple probes by federal agencies regarding the company’s... Read More

The Wall Street Journal: White House to stop releasing public summaries of Trump’s calls with foreign leaders

The Wall Street Journal: White House to stop releasing public summaries of Trump’s calls with foreign leaders
The White House will stop routinely releasing summaries of calls President Donald Trump has with foreign leaders, according to person familiar with the plan, ending a longstanding practice. The White House will continue to distribute readouts to advisers in various government agencies, but will offer the press selective details of Trump’s calls only upon request, that person said. Press secretary Sarah... Read More

The Wall Street Journal: Trump-backed Brian Kemp wins Georgia GOP runoff for governor

The Wall Street Journal: Trump-backed Brian Kemp wins Georgia GOP runoff for governor
Republican voters chose Trump favorite Brian Kemp over Lt. Gov. Casey Cagle in the Georgia gubernatorial primary runoff Tuesday, picking a social conservative over a favorite of the GOP establishment. Kemp was declared the winner by the Associated Press. Kemp, a 55-year-old businessman and Georgia’s secretary of state, ran as a “politically incorrect conservative.” He appeared in ads with a... Read More

Earnings Outlook: Concerns out of Asia have this tech sector in rare focus this earnings season

Earnings Outlook: Concerns out of Asia have this tech sector in rare focus this earnings season
Chip-equipment companies have benefited from the continuing memory boom, but recent developments in Asia have investors questioning the near-term outlook for companies like Lam Research Corp., KLA-Tencor Corp., and Applied Materials Inc. Shares of Lam LRCX, -0.83%  and its peers in the typically sleepy sector got slammed in early June on word of production delays at Samsung Electronics Co. Ltd.... Read More

Earnings Outlook: Concerns out of Asia has this tech sector in rare focus this earnings season

Earnings Outlook: Concerns out of Asia has this tech sector in rare focus this earnings season
Chip-equipment companies have benefited from the continuing memory boom, but recent developments in Asia have investors questioning the near-term outlook for companies like Lam Research Corp., KLA-Tencor Corp., and Applied Materials Inc. Shares of Lam LRCX, -0.83%  and its peers in the typically sleepy sector got slammed in early June on word of production delays at Samsung Electronics Co. Ltd.... Read More

Earnings Outlook: Cybersecurity earnings: With midterms ahead, demand — and stock prices — are high

Earnings Outlook: Cybersecurity earnings: With midterms ahead, demand — and stock prices — are high
Cybersecurity companies appear to be benefiting from fat IT spending budgets fueled by tax cuts and fears of hackers, but a healthy run on stock prices in the sector sets a high bar this earnings season. The ETFMG Prime Cyber Security ETF HACK, -1.53% weighted heavily with stocks like Cisco Systems Inc. CSCO, +0.78% Palo Alto Networks Inc. PANW, -1.36%... Read More

Key Words: Top Republicans rip Trump’s farm-aid plan as ‘welfare,’ ‘Soviet type of economy’

Key Words: Top Republicans rip Trump’s farm-aid plan as ‘welfare,’ ‘Soviet type of economy’
Republican senators from agricultural states were quick to condemn President Donald Trump’s plan to offer farmers $12 billion in emergency aid to offset the impact of the administration’s escalating trade war with China. A number of top lawmakers said the plan does little to solve the overall problem — the Trump administration’s own trade policies — and goes against free-market... Read More