Vodafone traded near the top of the European market Tuesday as the world's second-largest mobile phone company said it would slash costs and reorganize the ownership of its communications towers after disappointing investors with a move to freeze the company's dividend growth in order to focus on debt reduction following its $22 billion purchase of Liberty Global assets earlier this year.

Here's what you need to know for Wednesday, August 8.

U.S. stock futures point lower as investors await the next round of trade talks between the U.S. and China; Home Depot reports earnings; 'head tax' opposed by Amazon is passed in Seattle.

The Dow jumps over 180 points on Wednesday.

Vodafone, the world's second-largest mobile phone group, has agreed a $22 billion deal for Liberty Global's European assets that will see it challenge Deutsche Telekom for Continental market dominance.

Oil pulled back from three-and-a-half year highs in overnight trading as markets await President Donald Trump's decision on renewed Iran sanctions that could pull a further 500,000 barrels of oil from the market each day.

In the wake of Disney's megadeal with Fox, Lions Gate could attract suitors from Amazon to Verizon.

Disney's decision to launch an ESPN direct-to-consumer service begs the question of when it might leave the pay-TV bundle.

The entertainment giant insists it's not playing defense with its new streaming plans, but it certainly looks that way

U.S. inflation slowed notably last month, data from the Bureau of Labor Statistics indicated Wednesday, setting the possibility of a pause in Fed rate hikes.

The theme park giant has been trying to make changes and that has caused some issues for its guests.

The pizza giant goes someplace pizza fans may not want to follow but Domino's, Pizza Hit, and Little Caesars don't sell this.