Back News Thursday, August 17, 2017
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Cancer centers accused of Medicare fraud, unsafe practices1h 38m Cancer centers accused of Medicare fraud, unsafe practices
USA Today
Florida Cancer Specialists & Research Institute and 21st Century Oncology accused of gender bias, fraudulent Medicare billing and unsafe practices
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2h Key Words: Steve Bannon: ‘We’re at economic war with China,’ there’s no North Korea solution
Market Watch
Steve Bannon, President Donald Trump’s chief strategist, said in a surprisingly candid report Wednesday that the U.S. is at economic war with China, there’s no military solution to North Korea and that infighting is an everyday occurrence in the White House.
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3h Asia shares up as North Korea tensions ease, wary Fed weighs on dollar
Reuters
SINGAPORE (Reuters) - Asian stocks edged higher on Thursday as tensions between the United States and North Korea came off the boil, while the Federal Reserve's concerns about weak U.S. inflation weighed on the dollar.
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3h Asia Markets: Asian stocks broadly bounce higher on tech gains
Market Watch
Equities extended this week’s gains a bit further early Thursday as minutes of the Federal Reserve’s meeting revealed a deeper-than-expected divide on the timing of the next interest rate increase.
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3h Updated This city has the best quality of life in the world (hint: it’s not in the U.S.)
Market Watch
Civil unrest and terrorism over the last year have hurt the score of many cities.
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3h Updated Millennials are financing everything from bed sheets to concert tickets
Market Watch
You can now finance every small item for your home and social life — but should you?
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3h Updated One major way U.S. credit card debt is getting worse
Market Watch
American debt continues to rise, according to the New York Federal Reserve
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3h Raising the minimum wage leads to these workers being replaced by robots
Market Watch
Some workers are more likely to be replaced by robots than others.
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3h Updated After Costco is accused of selling fake Tiffany rings, how to spot a fake diamond
Market Watch
Engagement rings may be a symbol of true love, but that doesn’t mean they’re real.
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3h Ryanair backs two-drink limit at airports: Why unruly passengers are out of control
Market Watch
Several recent incidents reveal the worsening problems of traveling by air.
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3h Here are all the companies stopping white supremacist groups from making money
Market Watch
It’s getting increasingly difficult for hate groups to fundraise
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Trump's fractured ties to businesses could hurt policy-making4h Updated Trump's fractured ties to businesses could hurt policy-making
USA Today
Trump's fractured ties to businesses could hurt policy-making
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Trump economic councils disbanded after Charlottesville response4h Updated Trump economic councils disbanded after Charlottesville response
USA Today
The fallout from President Trump's response to the Charlottesville tragedy escalated Wednesday, resulting in him disbanded his manufacturing and business policy councils.
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4h Updated U.S. talks tough on trade deficit as NAFTA discussions begin
Reuters
WASHINGTON (Reuters) - The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing trade deficits with Mexico and Canada and boosting U.S. content for autos.
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4h Asia shares up on North Korea reprieve, dollar back in doldrums
Reuters
SINGAPORE (Reuters) - Asian stocks edged up on Thursday as tensions between the U.S. and North Korea came off the boil, while worries about President Donald Trump's ability to implement his pro-growth agenda and the Federal Reserve's concerns about low U.S. inflation hit the dollar.
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5h Updated Does the World Really Want Content From Apple?
The Wall Street Journal
Big money can’t guarantee Apple success in Hollywood, especially when competitors are spending more.
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5h Updated Key Words: Cloudflare CEO drops neo-Nazi site, then explains why that was dangerous
Market Watch
Cloudflare Inc., an internet security company, cut ties with the neo-Nazi website The Daily Stormer on Wednesday, even though the company’s chief executive said it was a “dangerous” decision.
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5h MarketWatch First Take: Cisco remains optimistic about repatriation holiday, possibly next year
Market Watch
Cisco Systems Inc. added even more cash to its massive cash pile that is outside the U.S. in its most recent quarter, and despite the current falling out between corporate America and President Trump, the company is still optimistic that a repatriation holiday may occur, possibly next year.
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6h Updated Costco owes Tiffany $19.4 million for fake Tiffany rings: U.S. judge
Reuters
(This Aug. 14 story has been corrected to clarify the judge's decision.)
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6h Updated Market Extra: One of the most successful hedge-fund pros says we’re ‘nowhere near an overheated’ stock market
Market Watch
Billionaire David Tepper thinks comparing this current stock-market environment with the overheated markets of 1999 is ridiculous.
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6h The Margin: Barack Obama’s tweet just became the most ‘liked’ and the 4th most retweeted in Twitter’s history
Market Watch
Former President Barack Obama has made history again, it appears. This time his mark has been made in the Twitter universe, on the back of a message and photo that he posted Sunday in response to the weekend’s violent and racially charged protests in Charlottesville, Va.
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6h Updated Fed, split by inflation, should forge on with rate hikes: Mester
Reuters
NEW YORK (Reuters) - A Federal Reserve policymaker on Wednesday staked out the hawkish argument for carrying on with U.S. interest rate hikes even while weak recent inflation readings have split opinions among her colleagues at the U.S. central bank.
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6h Updated U.S. takes tough lines as NAFTA negotiations begin
Reuters
WASHINGTON (Reuters) - The United States drew a hard line for renegotiating the North American Free Trade Agreement on Wednesday, demanding major concessions aimed at slashing U.S. trade deficits with Mexico and Canada and boosting U.S. content for autos.
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New York Times’ editorial page editor: No apology for Sarah Palin6h New York Times’ editorial page editor: No apology for Sarah Palin
USA Today
Times editorial page editor James Bennet testified Wednesday that the newspaper didn’t apologize to Palin for the error.
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6h Updated In One Chart: This is the ‘wall of worry’ that stocks have climbed to rally 271% since 2009
Market Watch
Even as humanity faced the specter of a nuclear war and violence broke out on the streets of Charlottesville, Va., stocks took the alarming news in stride, continuing to scale the “wall of worry” in defiance of doomsday predictions of an imminent selloff.
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6h Updated Here are all the companies kicking white supremacists off their services
Market Watch
It’s getting increasingly difficult for hate groups to raise money.
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7h NetApp beats on earnings, has high hopes for new hyperconvergence offering
Market Watch
Storage appliance maker NetApp Inc. added to its string of stronger than expected earnings, as it announced its fifth beat in a row, and issued projections for its second quarter.
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7h Union Pacific to layoff 750 U.S. employees amid broader cost-cutting
Reuters
(Reuters) - Union Pacific Corp said on Wednesday it will cut roughly 500 management jobs and 250 railroad workers by mid-September as the No. 1 U.S. railroad continues broader cost-cutting.
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Chick-fil-A, Taco Bell boast new breakfast options7h Updated Chick-fil-A, Taco Bell boast new breakfast options
USA Today
Breakfast remains a growth area for fast-food chains, experts say.
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7h Ryanair backs two-drink limit at airports to rein in unruly passengers
Market Watch
Several recent incidents reveal the worsening problems of traveling by air.
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7h Updated Raising the minimum wage spurs these companies to replace workers with automation
Market Watch
Some workers are more likely to be replaced by robots than others.
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Judge OKs Takata request to halt some lawsuits over air bags8h Judge OKs Takata request to halt some lawsuits over air bags
USA Today
A Delaware judge on Wednesday temporarily halted the prosecution of lawsuits filed by Hawaii, New Mexico and the U.S. Virgin Islands against Takata.
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8h After-hours buzz: LB, CSCO, SNPS & more
CNBC
Check out which companies are making headlines after the bell on Wednesday: LB, CSCO, SNPS & more
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8h Capitol Report: Trump’s pro-business agenda at risk after corporate America abandons president
Market Watch
Business leaders on Wednesday fled en masse from a pair of President Trump’s advisory boards, a big setback for a pro-business president who based his campaign on boosting the economy.
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8h Updated The Number One: This is the ‘smiliest’ company in America
Market Watch
Disneyland is, indeed, “the Happiest Place on Earth,” at least if the grins plastered across its workforce are any indication.
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8h Seven charged in U.S. insider trading ring
Reuters
NEW YORK (Reuters) - U.S. authorities on Wednesday announced insider trading charges accusing seven people of generating more than $5 million of profit based on tips from a Bank of America Corp employee about dozens of pending corporate transactions.
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8h Capitol Report: SEC, DOJ charge seven with insider trading off stolen bank data
Market Watch
SEC trade surveillance caught activity even though traders allegedly attempted to evade detection by using shell companies, code words, and an encrypted, self-destructing messaging application.
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NAFTA talks kick off with U.S. demanding big changes — or else8h NAFTA talks kick off with U.S. demanding big changes — or else
USA Today
The U.S. won’t settle for cosmetic changes to the North American Free Trade Agreement.
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8h Updated Wall Street ends up but off highs after Trump announcement, Fed minutes
Reuters
NEW YORK (Reuters) - U.S. stocks ended slightly firmer on Wednesday but off the day's highs as worries mounted over President Donald Trump's agenda and minutes from the latest Federal Reserve meeting suggested policymakers are worried about weak inflation.
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8h Updated Fed policymakers grow more worried about weak inflation
Reuters
WASHINGTON (Reuters) - Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for halting interest rate hikes until it was clear the trend was transitory, according to the minutes of the U.S. central bank's last policy meeting.
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8h The Wall Street Journal: August payments to health insurers will be made, White House says
Market Watch
The Trump administration said Wednesday the federal government would make a set of payments to insurers for August, despite threats from the president that the funding would be halted following the failure of Senate Republicans to repeal most of the Affordable Care Act.
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8h Updated The Margin: Barack Obama’s tweet just became the most ‘liked’ in Twitter’s history
Market Watch
Former President Barack Obama has made history again, it appears. This time his mark has been made in the Twitter universe, on the back of a message and photo that he posted Sunday in response to the weekend’s violent and racially charged protests in Charlottesville, Va.
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9h The Wall Street Journal: Trump administration plans to allow more employers an out from offering birth control coverage
Market Watch
Under the Obama-era requirement, which has been in place for six years, very few women have to pay out of pocket for contraception.
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9h NewsWatch: A quarter of people hurt themselves while grooming their pubic hair
Market Watch
In a small percentage of cases, some injuries require medical attention.
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9h Updated The Moneyologist: This man fathered a child after four dates — and wants to forget it ever happened
Market Watch
His aunt wonders if this child will have any claim on her nephew’s estate.
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9h NAFTA renegotiation could affect supply chains, raise costs—or end the deal entirely
CNBC
NAFTA negotiations around "rules of origin" could affect supply chains and raise costs.
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9h ETF Focus: Snap and Blue Apron aside, IPO-themed ETF strategies are winning in 2017
Market Watch
Two high-profile initial public offerings this year may have resulted in disappointment for market participants, but the general strategy of putting money into Wall Street’s newest names has performed well in 2017, with a pair of exchange-traded funds dedicated to the idea outperforming the broader market.
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3 rookie investing mistakes to avoid9h Updated 3 rookie investing mistakes to avoid
USA Today
In the world of investing, even a simple mistake can cost you a fortune.
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8 smart purchases to make in your 20s9h Updated 8 smart purchases to make in your 20s
USA Today
You might feel strapped for cash in your 20s, but smart buyers will make purchases that will last them into their 30s and beyond.
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9h Updated Stop spending thousands of dollars on back pain surgery and treatments that don’t work
Market Watch
A $100 billion industry has little evidence supporting its effectiveness, says investigative journalist Cathryn Jakobson Ramin.
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9h Updated New CEO, no problems: UnitedHealth leadership transition praised by Wall Street analysts
Market Watch
“The guardians of the UnitedHealth galaxy are firmly in place,” one analyst concluded.
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9h Updated A quarter of people hurt themselves while grooming their pubic hair
Market Watch
In a small percentage of cases, some injuries require medical attention.
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Trump can't blame Amazon.com for woes of American retailers9h Updated Trump can't blame Amazon.com for woes of American retailers
USA Today
The e-commerce giant is hardly killing the retail sector all by itself -- or at all, for that matter.
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9h Market Snapshot: Dow extends win streak to reclaim 22,000-mark on Fed minutes
Market Watch
U.S. stocks close moderately higher on Wednesday, with the Dow rising for a fourth day, after Federal Reserve minutes suggested that the central bank is wrestling with sluggish inflation but eager to commence an unwind of its $4.5 trillion asset portfolio.
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9h Market Extra: Here’s what Snap’s ‘bullish engulfing’ chart pattern means to a candlestick guru
Market Watch
There are a number of signs in Snap’s stock chart that suggest a bottom has been seen, but candlestick chart guru Steve Nison recommends waiting until resistance gives was before buying.
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Student loan borrowers owe more, need longer to repay in full9h Updated Student loan borrowers owe more, need longer to repay in full
USA Today
Fewer student loan borrowers are paying down their debt in five years, federal consumer report finds
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Emma Stone lands on Forbes highest paid list9h Emma Stone lands on Forbes highest paid list
USA Today
Fresh off winning her first Oscar, actress Emma Stone ousted Jennifer Lawrence on Wednesday to claim the top spot on Forbes' 2017 list of the world's highest-paid actresses.
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Trump disbands economic councils over Charlottesville tragedy pushback9h Trump disbands economic councils over Charlottesville tragedy pushback
USA Today
The fallout from President Trump's response to the Charlottesville tragedy escalated Wednesday, resulting in him disbanded his manufacturing and business policy councils.
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How to stop being the family ATM and learn to say 'no'10h How to stop being the family ATM and learn to say 'no'
USA Today
If you want someone to stop asking you for money, the worst thing you can do is say no and then give in after persistent pleading.
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10h Updated Apple issues Canadian-dollar bond for first time — and sets a record
Market Watch
The iPhone maker sold C$2.5 billion of maple bonds to raise funds to pay dividends and buy back shares.
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10h Bond Report: 10-year Treasury yield falls the most in 3 weeks amid Fed minutes, political drama
Market Watch
Treasury prices rise, and yields fall, in Wednesday trade after dovish minutes from the Federal Reserve, President Trump’s announcement that he was disbanding key business advisory councils, and a tepid reading for housing starts all helped to lift demand for U.S. government paper.
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10h Outside the Box: This technology shift opens up new possibilities for iPhones, Androids and virtual reality
Market Watch
Advances in depth sensing by Qualcomm and Apple will give consumers more better security features
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Trump disbands economic councils as Charlottesville fallout continues10h Updated Trump disbands economic councils as Charlottesville fallout continues
USA Today
Trump disbands economic councils as Charlottesville fallout continues
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10h Updated Earnings Outlook: Cisco earnings: Did Trump slump continue?
Market Watch
Cisco Systems Inc. stock plunged after last quarter’s results, when the company blamed uncertainty during the federal government’s transition to President Donald Trump for a weak forecast. On Wednesday, Cisco will show if it was right.
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Judge: Costco must pay Tiffany $19.4 million for advertising knock-off rings10h Updated Judge: Costco must pay Tiffany $19.4 million for advertising knock-off rings
USA Today
Judge's ruling says Costco must pay Tiffany for trademark infringement of the luxury jewelry company's world famous name to sell non-Tiffany rings
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10h Futures Movers: Oil prices settle lower as U.S. output hits a 2-year high
Market Watch
Oil prices settle lower Wednesday after the Energy Information Administration report revealed a weekly climb in domestic production to their highest level in over two years.
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10h Currencies: Dollar weakens after Fed minutes, Trump’s business councils disband
Market Watch
The U.S. dollar weakens against its main rivals on Wednesday afternoon, erasing earlier gains, as traders reacted to a one-two punch of the dissolution of a pair of business advisory groups to the White House, and a dovish read of minute from the Federal Reserve’s July meeting.
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10h Amazon obsession: E-commerce invader fretted about on 15% of S&P 500 earnings calls
CNBC
The e-commerce giant was mentioned by mall operators, a satellite TV provider, consumer products makers, an auto parts retailer and pharmacy and drug companies.
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Fed officials split in July over inflation worries10h Fed officials split in July over inflation worries
USA Today
One group of Federal Reserve policymakers felt inflation was falling too low and argued for caution in raising interest rates.
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10h The Margin: Latest ‘Game of Thrones’ episode accidentally leaked by HBO Spain — vergüenza!
Market Watch
“Game of Thrones,” Season 7, Episode 6, may have been making its way around the internet on Wednesday, after HBO Spain accidentally pushed the button on the wrong episode.
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10h Updated Black banker sues Goldman Sachs for racial discrimination
Reuters
(Reuters) - A black banker in Goldman Sachs Group Inc's personal wealth management unit filed a lawsuit on Wednesday accusing the firm of steering top clients to her white colleagues and denying her promotions because of her race.
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10h Wall Street near flat; Trump disbands two advisory councils
Reuters
(Reuters) - U.S. stocks were near flat on Wednesday as President Donald Trump's move to disband his manufacturing council as well as the strategy and policy forum added to worries about the future of the White House's agenda.
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10h Carmakers win brief reprieve from lawsuits over faulty Takata air bags
Reuters
(Reuters) - Automakers on Wednesday won a temporary reprieve from lawsuits filed by victims of defective air bags made by bankrupt Takata Corp that led to the largest-ever auto safety recall and at least 18 deaths.
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11h Market Snapshot: Stock market struggles to hold gains after Fed minutes, White House political turmoil
Market Watch
U.S. stocks face up-and-down trade on Wednesday after Federal Reserve minutes suggest that the central bank is wrestling with sluggish inflation but eager to commence an unwind of its $4.5 trillion asset portfolio.
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11h The Ratings Game: Agilent shares jump 4% after earnings blow past estimates
Market Watch
The maker of scientific and medical equipment blew past estimates for its fiscal third quarter and raised guidance for the year.
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Trump criticizes Amazon, alleging 'great damage' to retailers11h Trump criticizes Amazon, alleging 'great damage' to retailers
USA Today
Trump criticizes Amazon after the Washington Post, owned by Amazon chairman Jeff Bezos, runs an editorial critical of Trump's Charlottesville response.
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11h Metals Stocks: Gold ends higher as Trump disbands 2 White House advisory groups
Market Watch
Gold prices turn higher ahead of the settlement Wednesday to finish with their first gain in three sessions, with news that two White House business advisory groups have disbanded fueling haven demand for the yellow metal.
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11h Updated Would you pay $9,433 to see Disney’s ‘Frozen’ on Broadway?
Market Watch
The resale market for tickets to the Disney musical adaptation is already overheated
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11h Capitol Report: Trump business councils disband amid wave of CEO exits
Market Watch
President Donald Trump said Wednesday he was ending a pair of business advisory councils, appearing to attempt to get ahead of the imminent disbanding of one and acting after the departure of several executives from the other.
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11h The Margin: Obama’s tweet just became the most ‘liked’ in Twitter’s history
Market Watch
Former President Barack Obama has made history again, it appears. This time his mark has been made in the Twitter universe, on the back of a message and photo that he posted Sunday in response to the weekend’s violent and racially charged protests in Charlottesville, Va.
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11h Capitol Report: Here’s the full text on the decision to dissolve Trump’s strategic and policy forum
Market Watch
Full text on the disbanding of the White House’s strategic and policy forum, as released by the members.
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11h Analyst initiates three social media stocks, and guess which one is a sell?
Market Watch
SunTrust Robinson Humphrey initiated three big social media platforms, taking a bearish stance on one platform, which it says has “farther to fall.”
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11h Ackman says owned stake in Hilton, a previously unnamed bet
Reuters
BOSTON (Reuters) - Investor William Ackman said on Wednesday his hedge fund had bought and sold a stake in Hilton Worldwide Holdings, identifying the portfolio company that recently earned him a double digit return.
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11h Fed policymakers grow more worried about weak inflation: minutes
Reuters
WASHINGTON (Reuters) - Federal Reserve policymakers appeared increasingly wary about recent weak inflation and some called for a halt to further interest rate hikes until it was clear the trend was transitory, according to the minutes of the central bank's last policy meeting.
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11h The Fed: Some Fed members say bank can be ‘patient’ on interest rates due to low inflation
Market Watch
Senior Federal Reserve officials engaged in deep debate in July about the path of U.S. inflation after a spate of surprisingly low readings, with some suggesting the central bank “could afford to be patient” in deciding when to raise interest rates again.
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11h Fed members say they are not worried about stock market surge
CNBC
At their meeting in July, central bank officials discussed whether the rise in equity prices was posing broader financial dangers.
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Who may lose amid the CEO backlash and Trump? Americans.11h Updated Who may lose amid the CEO backlash and Trump? Americans.
USA Today
CEOs distance themselves from President Trump over his initial response to Charlottesville violence, creating fresh headwind for Trump's agenda.
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This USB-C charging cable is the last one you'll ever need—and it's only $10 right now11h This USB-C charging cable is the last one you'll ever need—and it's only $10 right now
USA Today
This Anker USB-C to USB braided cable is highly durable and strong, and it's at the lowest prices we've ever seen.
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12h Fed minutes: Central bank split over path of rate hikes
CNBC
A fissure appears to be developing at the Federal Reserve over when to raise interest rates.
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12h Beat the System: How you can make easy money from the bitcoin bubble
Market Watch
Just steel your nerves, jump in — oh, and remember to get out before the whole thing comes crashing down.
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12h Deep Dive: Fear Trump, North Korea or an expensive stock market? This fund plays defense
Market Watch
The Permanent Portfolio might serve as a good hedge for a portion of your investments.
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12h This fund manager finds contrarian bargains among ‘smidcaps’
Market Watch
Matt Lockridge favors consumer-oriented names, energy, and the basics like industrials and materials.
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Amazon loses $6 billion after a Trump tweet12h Amazon loses $6 billion after a Trump tweet
USA Today
President Trump’s twitter finger’s just lost retailer, Amazon 6 billion dollars. Veuer's Natasha Abellard (@Natasha Abellard) has the story
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12h Ireland says EU demand that Apple pay it 13 billion euros in back taxes unjustified
Reuters
BERLIN (Reuters) - Ireland's finance minister said the European Commission's demand that Dublin collect up to 13 billion euros ($13.8 bln) in back taxes from Apple was unjustified, in an interview with Germany's Frankfurter Allgemeine (FAZ) newspaper.
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12h Wall Street pares gains after Trump disbands two advisory councils
Reuters
(Reuters) - U.S. stocks pared gains on Wednesday afternoon after President Donald Trump said he is disbanding his manufacturing council as well as the strategy and policy forum.
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12h Samsung, Foxconn to back cable-free phone tech
Reuters
(Reuters) - A startup backed by Tony Fadell, one of the fathers of the Apple iPod, plans to announce Wednesday it is working with Samsung Electronics Co Ltd , Foxconn parent Hon Hai Precision Industry Co Ltd and others on a new way for mobile phones to transfer large amounts of data without using wires or WiFi connections.
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12h Market Snapshot: Dow on track for 4-day win streak as Fed minutes due
Market Watch
U.S. stocks trade higher on Wednesday, putting the Dow on track for its fourth straight daily rise, though traders are taking a cautious approach ahead of the latest Federal Reserve minutes.
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12h Netflix wants exclusive rights to films, TV shows and the talent creating them
Market Watch
Netflix has had success producing original content, now it’s tearing a page out of Disney’s book, by signing some of the industry’s best writers, producers and creative talent to deals to create work solely for the platform.
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12h Ryanair backs two-drink limit at airports to rein in unruly passenger behavior
Market Watch
Several recent incidents reveal the worsening problems of traveling by air.
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13h Updated Sale of Air Berlin slots offers rare German entry ticket
Reuters
BERLIN/FRANKFURT (Reuters) - Air Berlin's administrators will focus on selling its attractive take-off and landing slots in Germany, a source familiar with the process said, potentially opening up the market to new players.
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13h Chinese automakers kick tires at FCA, but any deal faces obstacles
Reuters
HONG KONG (Reuters) - Geely Automobile Holdings Ltd said on Wednesday it was not planning a bid for Fiat Chrysler Automobiles NV , and while other potential Chinese suitors remain any tie-up could face significant U.S. regulatory obstacles.
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13h Updated In One Chart: The two ‘most important charts in the world’ point to more fun for stock-market bulls
Market Watch
The S&P 500 generally steals the most ink when it comes to the performance of the stock market. But, in the current climate, there’s a pair of indexes that perhaps deserve more attention, writes J.C. Parets of the All Star Charts blog.
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13h Metals Stocks: Gold futures poised for third straight losing session
Market Watch
Gold prices look set to extend their declines to a third session Wednesday as a trio of a strengthening dollar, rising stocks and subsiding tensions around the globe weigh on so-called haven assets.
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13h London Markets: U.K. stocks score 3rd straight gain after June jobs data
Market Watch
U.K. stocks are rising Wednesday, with gains for BHP Billiton and other miners helping to guide the market to a third consecutive advance, while an update from the British labor market came in better than had been anticipated.
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Who's on and off Trump's manufacturing council? Here's the list.13h Updated Who's on and off Trump's manufacturing council? Here's the list.
USA Today
More members of Trump's Manufacturing Council have quit. Here's who left and who staying.
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13h This is the most livable city in the world (and it’s a long way from the U.S.)
Market Watch
Civil unrest and terrorism over the last year have hurt the score of many cities.
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13h The top 10 states to raise a baby
CNBC
Raising a baby doesn't come cheap. Which states are best.
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13h The Fed: Fed’s Fischer calls Trump-led rollback of Wall Street regulations ‘mind-boggling’
Market Watch
The Federal Reserve’s second in command warns the Trump administration’s rollback of bank regulations may be “very dangerous” and another senior Fed official suggests the White House’s goal of 3% annual economic growth is unrealistic.
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Trump criticizes Amazon for 'great damage' to retailers13h Updated Trump criticizes Amazon for 'great damage' to retailers
USA Today
Trump criticizes Amazon after the Washington Post, owned by Amazon chairman Jeff Bezos, runs an editorial critical of Trump's Charlottesville response.
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13h The Wall Street Journal: Hope Hicks named Trump’s interim communications director
Market Watch
President Donald Trump named longtime aide Hope Hicks as interim communications director on Wednesday, giving one of the White House’s key behind-the-scenes staffers more responsibility in a corner of the West Wing that has seen heavy turnover and instability.
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13h Key Words: Presidents George H.W. Bush and George W. Bush make joint statement against hate and racism
Market Watch
Statement quotes Thomas Jefferson as most prominent citizen of racial flash point Charlottesville, Va.
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Wells Fargo board shakeup marks latest response to unauthorized accounts scandal13h Updated Wells Fargo board shakeup marks latest response to unauthorized accounts scandal
USA Today
Wells Fargo names former Fed governor Elizabeth Duke as chair, making her the first woman to lead one of the nation's largest banks.
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14h Updated Market Extra: Euro slides after ECB hints at no hawkish shift at Jackson Hole
Market Watch
In a Reuters report on Wednesday, ECB sources pour cold water on any hopes for a hawkish shift from Draghi at Fed’s symposium next week.
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14h Updated Market Extra: The pound is ‘extremely undervalued’ right now, according to UBS
Market Watch
With the pound falling to a seven-year low against the euro this week, sterling’s “journey south against the euro is probably closer to the end than the beginning,” UBS says.
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Buying a smart bulb? Here's what you should know first14h Buying a smart bulb? Here's what you should know first
USA Today
If you want to dip your toe into the world of smart home tech, the easiest place to start is with smart light bulbs.
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14h Updated NewsWatch: Dow heads for 4-day win streak ahead of Fed minutes
Market Watch
U.S. stocks trade tepidly higher on Wednesday, putting the Dow on track for its fourth straight daily rise, though traders are taking a cautious approach ahead of the latest Federal Reserve minutes.
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14h Key Words: McConnell says there are ‘no good neo-Nazis’ after Trump’s ‘very fine people’ comment
Market Watch
Senate Majority Leader Mitch McConnell said Wednesday that the messages of white supremacist and other groups planning a rally in his home state are not welcome, and implicitly criticized comments made a day earlier by President Donald Trump.
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14h Bond Report: Treasury yields slip after housing starts as investors brace for Fed minutes
Market Watch
Treasurys rallied, and yields fell, in early Wednesday trade after a tepid reading for housing starts cast a shadow on the pace of economic growth and the picture for higher inflation, lifting demand for U.S. government paper.
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14h U.S. judge in Takata bankruptcy halts lawsuits vs automakers
Reuters
(Reuters) - A U.S. judge overseeing the bankruptcy of Japanese auto supplier Takata Corp's U.S. business has halted for 90 days the lawsuits brought by victims of its faulty air bag inflators against automakers, a ruling that temporarily smooths its efforts to exit bankruptcy.
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14h Updated Europe Markets: European stocks log 3rd straight rise as euro weakens
Market Watch
European stocks push higher Wednesday, with stocks continuing to recover after the flare-up in tensions between the U.S. and North Korea and big exporters getting a boost from a weaker euro.
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14h Chinese takeovers of US companies plummet this year amid tough Trump talk
CNBC
Chinese investments into the U.S. have more than halved this year, according to Dealogic.
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14h Updated The Margin: Barack Obama tweet’s just became the most ‘liked’ in Twitter’s history
Market Watch
Former President Barack Obama has made history again, it appears. This time his mark has been made in the Twitter universe, on the back of a message and photo that he posted Sunday in response to the weekend’s violent and racially charged protests in Charlottesville, Va.
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14h Futures Movers: Oil moves lower as U.S. supplies drop a seventh week, but output hits 2-year high
Market Watch
Oil prices head lower Wednesday after the Energy Information Administration report reveals a seventh-straight weekly decline in U.S. crude supplies, along with a climb in domestic production to their highest weekly level in over two years.
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14h Updated Why Amazon’s seven-part bond deal is a bargain
Market Watch
Amazon sold $16 billion of bonds Tuesday to finance its planned $13.7 billion acquisition of Whole Foods, and CreditSights analysts said the deal is a buy.
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14h Updated Michael Moore predicts Trump-driven economic crash and advises not to invest in stock market
Market Watch
Left-wing polemicist forecasts economic apocalypse at the opening of his Broadway show.
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14h Updated ‘Game of Thrones’ analysis: Is Jorah’s greyscale still infectious?
Market Watch
Daenerys could still fall ill to the dreaded disease.
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14h Updated How Shonda Rhimes signaled she would move away from network TV
Market Watch
Shonda Rhimes’s exit from ABC was a long time coming.
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14h Wall Street rises as consumer stocks gain; Fed minutes eyed
Reuters
(Reuters) - The S&P and the Dow rose higher in late morning trading on Wednesday on gains from consumer discretionary stocks, with investors awaiting the minutes on the latest Federal Reserve meeting.
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14h U.S. regulators charge bank employee, six others with insider trading
Reuters
NEW YORK (Reuters) - U.S. securities regulators on Wednesday accused an employee of a large multinational bank and six other people of taking part in an insider trading scheme that reaped more than $5 million in profits.
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14h U.S. judge in Takata bankruptcy halts lawsuits vs. automakers
Reuters
CHICAGO (Reuters) - A U.S. judge overseeing the bankruptcy of Takata Corp's U.S. business on Wednesday halted lawsuits for 90 days against automakers brought by victims of its faulty air bag inflators.
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14h U.S. talks tough as NAFTA negotiations get under way
Reuters
WASHINGTON (Reuters) - The United States on Wednesday laid down a tough line for modernizing the North American Free Trade Agreement, demanding major changes to the pact that would reduce U.S. trade deficits with Mexico and Canada and increase U.S. content for autos.
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14h The Ratings Game: Urban Outfitters shares spike 22% after earnings, but analysts say there’s little to cheer about
Market Watch
Urban Outfitters shares jump, but some analysts say there was a low bar set for quarterly earnings.
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15h Updated Market Extra: Bitcoin rises, so people Google ‘bitcoin,’ so then bitcoin rises, so then people Google...
Market Watch
If you’ve heard about the massive gains being enjoyed by bitcoin recently, then googled the digital currency to see what all the fuss is about, some of the cryptocurrency’s investors may want to thank you.
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15h The most livable city in the world is a long way from the U.S.
Market Watch
Civil unrest and terrorism over the last year have hurt the score of many cities.
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15h Updated Wall Street opens higher; investors eye Fed minutes
Reuters
(Reuters) - U.S. stocks opened higher on Wednesday morning ahead of the latest Federal Reserve's minutes, which will offer investors clues on future interest rake hikes this year.
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Target gets boost from more customers, exclusive brands15h Updated Target gets boost from more customers, exclusive brands
USA Today
Big-box retailer Target plans to accelerate store remodeling plans and continue testing new online order services to maintain its renewed momentum.
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15h Bond Report: Treasury yields steady ahead of Fed minutes
Market Watch
Treasury yields are little changed as investors await the Federal Reserve’s minutes from the July policy meeting, which is widely expected to involve some discussion of the balance sheet wind-down, a form of monetary tightening that could drive yields higher.
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15h Updated Need to Know: ‘Just say no’ to the S&P 500 and buy these stocks instead, say GMO’s strategists
Market Watch
The Dow seems to be whispering, “Let’s make it four up days in a row,” while the world appears fixated on the double-downer-in-chief. Today’s call comes from GMO strategists, whose view on the S&P 500 is “just say no.”
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IKEA is throwing an all-you-can-eat crayfish party, meatballs included15h IKEA is throwing an all-you-can-eat crayfish party, meatballs included
USA Today
Not sure how to peel a crayfish? IKEA has instructions for that.
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16h Updated Air Berlin CEO blames delays to new airport for insolvency
Reuters
FRANKFURT (Reuters) - Air Berlin's chief executive blamed long delays in the opening of a new Berlin airport for the German airline's insolvency in an interview published by Germany's Die Zeit.
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16h Updated The Margin: Vergüenza! Spain accidentally leaks Game of Thrones, episode 6
Market Watch
Game of Thrones, season 7, episode 6 may have been making its way around the internet on Wednesday, after HBO Spain accidentally pushed the button on the wrong episode.
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16h Updated Market Snapshot: Dow heads for 4-day win streak ahead of Fed minutes
Market Watch
U.S. stocks trade tepidly higher on Wednesday, putting the Dow on track for its fourth straight daily rise, though traders are taking a cautious approach ahead of the latest Federal Reserve minutes.
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16h Updated The Wall Street Journal: The problems with doing your own estate planning
Market Watch
Before crafting a last will on your own, here are some issues to keep in mind
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16h Maersk upbeat on shipping outlook, faces hefty cyber attack bill
Reuters
COPENHAGEN (Reuters) - Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday, lifting its shares by as much as 4.5 percent as investors looked beyond one-off second-quarter charges and a costly cyber attack on its operations.
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Justice Department demand for data on 1.3M anti-Trump protesters sparks debate16h Justice Department demand for data on 1.3M anti-Trump protesters sparks debate
USA Today
Government hunts for 1.3M anti-Trump protesters online, claiming web-hosting service contributed to "violent riot" at presidential inauguration.
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16h The Margin: This Barack Obama tweet just became the most ‘liked’ in Twitter’s history
Market Watch
Former President Barack Obama has made history again, it appears. This time his mark has been made in the Twitter universe, on the back of a message and photo that he posted Sunday in response to the weekend’s violent and racially charged protests in Charlottesville, Va.
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Women coders respond to ex-Googler Damore: Nope.16h Updated Women coders respond to ex-Googler Damore: Nope.
USA Today
Ex-Google engineer James Damore says programs that teach girls coding are “deceitful” because they make it look more people-oriented than it really is.
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16h Your first trade for Wednesday, August 16
CNBC
The "Fast Money" traders share their moves for the first hours of the trading day.
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Union Pacific lays off 500 managers, 250 other rail workers16h Union Pacific lays off 500 managers, 250 other rail workers
USA Today
The cuts will eliminate about 8% of Union Pacific's managers. The railroad told the affected workers that their jobs will be eliminated by mid-September.
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16h Updated Next Avenue: As the boomer generation retires, their companies go up for sale
Market Watch
Boomers own 2.34 million privately held businesses, and investment firms are eager to buy
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16h Updated Deep Dive: Fear North Korea or Trump or an expensive stock market? This fund plays defense
Market Watch
The Permanent Portfolio might serve as a good hedge for a portion of your investments.
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16h Updated Deep Dive: Palo Alto Networks and Twitter show the good and bad of fat stock-based pay for bosses
Market Watch
Dilution from stock-based compensation can be painful for shareholders, writes Phil van Doorn.
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16h NerdWallet: How you can retire by the time you’re 40
Market Watch
Retiring young takes commitment. Here’s how to figure out how much money you need and where to get it.
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16h Earnings Outlook: Target revises reporting after SEC calls out non-GAAP gross margin
Market Watch
Coming around to the regulator’s way of thinking cost the company 4/10 of 1% in gross margin for fiscal 2016 and adjusts its go-forward cost of sales reporting.
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16h Updated Outside the Box: Can your retirement investments handle ‘fire and fury’?
Market Watch
What to do about the market correction you keep hearing about.
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16h Wall Street opens higher; investors await Fed minutes
Reuters
(Reuters) - U.S. stocks opened higher on Wednesday, with investors awaiting the Federal Reserve's latest policy meeting minutes for clues on future interest rake hikes this year.
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Mortgage rates drop to lowest since election, but borrowers barely budge16h Mortgage rates drop to lowest since election, but borrowers barely budge
USA Today
Total mortgage application volume rose just 0.1% last week, according to the Mortgage Bankers Association. Volume is nearly 22% lower than a year ago.
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Taco Bell tests its 'firecracker burrito'16h Updated Taco Bell tests its 'firecracker burrito'
USA Today
The fast-food chain brings the surprising popping noise similar to Pop Rocks candy to a burrito
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U.S. home construction slumped in July16h U.S. home construction slumped in July
USA Today
Homebuilders pulled back sharply on construction of apartment complexes in July, causing housing starts to tumble to a three-month low.
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16h UnitedHealth names Wichmann CEO, Helmsley executive chairman
Reuters
NEW YORK (Reuters) - UnitedHealth Group Inc said on Wednesday president David Wichmann will become the company's chief executive, succeeding Stephen Hemsley, who is moving to the newly created role of executive chairman after more than a decade at the helm of the largest U.S. health insurer.
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16h The Wall Street Journal: Apple is ready to invest $1 billion in its quest for Hollywood programming
Market Watch
Apple has set a budget of roughly $1 billion to procure and produce original content over the next year, according to people familiar with the matter—a sign of how serious the iPhone maker is about making a splash in Hollywood.
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17h U.S. stocks set to open higher ahead of Fed minutes
Reuters
(Reuters) - U.S. stocks were set to open higher on Wednesday, with investors awaiting the Federal Reserve's latest policy meeting minutes for clues on future interest rake hikes this year.
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17h Weaker euro, stronger growth lift Europe shares
Reuters
LONDON (Reuters) - European shares were on track for their best week since late April on Wednesday, gaining almost 1 percent on forecast-beating growth data, rising metals prices and a weakening euro.
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At 19, he bought his first property from his parents' basement. But is real estate enough?17h Updated At 19, he bought his first property from his parents' basement. But is real estate enough?
USA Today
Adam Ailion is a third-generation realtor who needs to put his money to work outside the business.
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17h Merkel vows to pressure auto firms to boost electric cars
Reuters
BERLIN (Reuters) - Germany must exert pressure on auto companies to accelerate the transition to electric cars, Chancellor Angela Merkel said on Wednesday as German firms try to mend their reputation after a diesel emissions scandal.
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Dangerously cheesy? Cheetos pop-up restaurant opens in NYC17h Dangerously cheesy? Cheetos pop-up restaurant opens in NYC
USA Today
A three-day pop-up restaurant devoted to Cheetos, yes Cheetos, opened in Manhattan on Tuesday, with every table already booked with diners.
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17h Trump Today: Trump Today: President blames Amazon for ‘great damage’ to retailers
Market Watch
President Donald Trump on Wednesday blamed online retailer Amazon for “great damage” to U.S. retailers, said North Korean leader Kim Jong Un was “wise” to pull back on his plan to launch missiles at Guam and congratulated the top two finishers in Alabama’s Republican Senate primary.
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17h Weaker euro, strong stronger growth lift Europe shares
Reuters
LONDON (Reuters) - European shares were on track for their best week since late April on Wednesday, gaining almost 1 percent on forecast-beating growth data, rising metals prices and a weakening euro.
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Teflon Dow shrugs off Trump woes, North Korea17h Updated Teflon Dow shrugs off Trump woes, North Korea
USA Today
The market has been hit hard by bears warning of overvaluation. But despite repeated blows from negative headlines, the market has not been knocked down.
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17h Economic Report: Housing starts stumble in July as new-home construction churns gradually higher
Market Watch
Builders started fewer new homes in July but such construction is still higher in 2017 than in the same period a year ago.
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UnitedHealth CEO to step down after run of more than decade17h UnitedHealth CEO to step down after run of more than decade
USA Today
UnitedHealth Group will change leaders next month, promoting long-time executive David Wichmann to replace CEO Stephen Hemsley.
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17h The Margin: Is this Barack Obama tweet the most ‘liked’ in Twitter’s history?
Market Watch
Former President Barack Obama is on his way to make history. This time in the Twitter universe, on the back of a message and photo that he posted on Aug. 13 in reaction to last weekend’s violent, racially-charged protests in Charlottesville, Va.
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17h Target second-quarter profit, sales beat view as customer traffic rises
Reuters
(Reuters) - Target Corp on Wednesday reported higher-than-expected quarterly profit and comparable-store sales after four straight quarters of declines as more customers visited its stores and website.
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17h Trump, in tweet, hits Amazon over taxes, jobs
Reuters
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday criticized Amazon.com on Twitter over taxes and jobs and accused the global retailer, without offering evidence, of hurting U.S. localities and causing job losses.
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President Trump goes after Amazon and Jeff Bezos on Twitter17h President Trump goes after Amazon and Jeff Bezos on Twitter
USA Today
President Donald Trump took to Twitter Wednesday once more to go after Amazon and Jeff Bezos. Susana Victoria Perez (@susana_vp) has more.
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Fiat Chrysler joins BMW, Intel self-driving car alliance17h Fiat Chrysler joins BMW, Intel self-driving car alliance
USA Today
Fiat Chrysler joins BMW, Intel self-driving car alliance
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17h Walnut whipped out as Nestle introduces nut-free fondants
Reuters
LONDON (Reuters) - Nestle risked an outbreak of consumer mockery on Wednesday by launching new versions of its popular Walnut Whip candies lacking the nutty ingredient after which they are named.
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17h Updated This is what today’s college students really look like
Market Watch
Nearly 40% of undergraduate students are older than 25.
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17h Atlanta Fed president: Great Recession caused people to distrust long-term investments
CNBC
The recession "scarred people so significantly" that they don't trust long-term investments, Raphael Bostic says.
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18h Updated BookWatch: 6 ways you may be sabotaging your relationship — with your investments
Market Watch
Holding on too long, being stubborn and setting the wrong priorities: Just like in a personal relationship, unlearning behavior you’ve been doing for years, if not decades, takes work.
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Rhonda Abrams - millennials and small business18h Rhonda Abrams - millennials and small business
USA Today
Millennials have good reasons to consider striking out on their own and launching a business.
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18h Russian ex-minister accuses Putin lieutenant of framing him
CNBC
Former Russian Economy Minister Alexei Ulyukayev told his bribery trial on Wednesday that he had been framed by a close lieutenant of President Vladimir Putin into accepting a payment of $2 million.
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18h Updated Beat the System: iPhone 8 buzz has rescued Tim Cook’s $90 million bonus
Market Watch
The size of Tim Cook’s bonus was in peril earlier this year. Then the stock price soared.
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18h Updated Dollar holds firm before Fed minutes, stocks rise
Reuters
LONDON (Reuters) - The dollar held on to big gains on Wednesday before minutes of the U.S. Federal Reserve's latest meeting, while European shares followed Asian stocks higher.
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18h Updated Key Words: Watch New Orleans Mayor Mitch Landrieu defend removal of monuments to heroes of a ‘four-year historical aberration’
Market Watch
The Confederacy was on the wrong side of history and of humanity and does not belong “on a pedestal to be revered.”
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18h Futures higher ahead of Fed minutes
Reuters
(Reuters) - U.S. stock index futures were higher on Wednesday ahead of the minutes on the Federal Reserve's July policy meeting, which will offer clues on the future path of interest rate hikes.
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18h Updated Earnings Outlook: Wal-Mart earnings: Some analysts say traffic has fallen, others say it has grown
Market Watch
Two traffic reports from different sets of analysts come to differing conclusions about Wal-Mart’s second-quarter traffic, once saying it grew, and another saying it slipped.
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18h How Fast Can Europe Really Grow?
The Wall Street Journal
The eurozone is consistently growing faster than estimates of its potential
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18h Updated Trump’s failure to enact policy is having a ‘chilling effect’ on earnings
Market Watch
The double-digit growth in S&P 500 earnings is masking underlying weakness in consumer spending as subdued wage growth and unfilled policy promises have hampered business investment.
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18h Updated Tesla’s ‘cash burn’ likely peaked, one analyst says
Market Watch
Fresh from a successful bond sale, Tesla Inc. may have seen the worst of its cash burn, one analyst says.
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Should credit card perks coax you to go steady with a bank?19h Should credit card perks coax you to go steady with a bank?
USA Today
Banks are increasingly using credit card rewards to woo consumers into long-term relationships.
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Why real estate investment is worth the risk19h Why real estate investment is worth the risk
USA Today
Using real estate to secure your financial future isn't for the faint of heart, but if done right, it has a lot to offer.
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19h Trump, in tweet, again blasts Amazon over taxes, jobs
Reuters
WASHINGTON (Reuters) - U.S. President Donald Trump on Wednesday criticized Amazon.com on Twitter over taxes and jobs and accused the global retailer, without evidence, of hurting U.S. localities and causing job losses.
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19h Target posts higher quarterly comp sales after a year of declines
Reuters
(Reuters) - Target Corp reported a 1.3 percent rise in quarterly comparable sales, after a year of declines, helped by higher customer visits to its stores and website.
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19h London Markets: U.K. stocks on course for 3rd straight gain after June jobs data
Market Watch
U.K. stocks are rising Wednesday, with BHP Billiton gain helping to guide the market toward a third consecutive advance, while an update from the British labor market came in better than had been anticipated.
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19h Currencies: Dollar stronger as economic data beat expectations
Market Watch
July retail sales and Empire State Manufacturing Index beat consensus estimates, propelling greenback higher.
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See one movie a day in theaters for only $10 a month19h See one movie a day in theaters for only $10 a month
USA Today
Netflix cofounder Mitch Lowe has a radical new business model for his startup MoviePass.
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20h Fog lifting for Maersk as CEO gives upbeat shipping forecast
CNBC
Denmark's A.P. Moller Maersk gave an upbeat outlook for container shipping on Wednesday.
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20h Deutsche Bank to beef up trade finance in emerging markets
Reuters
FRANKFURT (Reuters) - Deutsche Bank plans to beef up its trade finance business in the developing world, creating new jobs and investing in technology, it said on Wednesday.
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20h Asia Markets: Asian markets advance as Korean Peninsula tensions ease
Market Watch
Asian equity markets lacked direction Wednesday following a rebound earlier in the week, tracking a muted performance overnight on Wall Street.
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20h Hedge fund Elliott ups stakes at BHP by crossing threshold
Reuters
MELBOURNE/LONDON (Reuters) - Hedge fund Elliott Management has upped the stakes at BHP , gaining powers to push for change by raising its holding in the miner's London-listed arm to 5 percent.
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20h This is how much you should spend to get a good umbrella
Market Watch
Spending more than a couple of dollars for an umbrella can be worth it.
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20h Fiat Chrysler joins BMW-Intel self-driving car alliance
Reuters
SAN FRANCISCO/FRANKFURT (Reuters) - Fiat Chrysler will join an alliance led by BMW to develop self-driving cars, intensifying a race by carmakers and technology companies to develop "robotaxis" which can be called up via smartphone and paid for by the minute.
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20h Europe Markets: European stocks bounce toward 3rd straight rise
Market Watch
European stocks push higher Wednesday, with stocks continuing to recover after the flare-up in tensions between the U.S. and North Korea.
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20h Beer Goggles: San Francisco beer embraces Silicon Valley-style buyouts
Market Watch
There are plenty of reasons for small brewers to leave the city, and for big ones to enter, writes Jason Notte.
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20h Updated Currencies: Dollar steady ahead of Fed minutes; pound firms after jobless data
Market Watch
Minutes of the Fed’s latest meeting will be a highlight for investors on Wednesday, with the dollar holding steady ahead of that event. Meanwhile, the pound has firmed up after the latest update on employment and wages for the U.K.
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20h Just one change encourages companies to automate jobs
Market Watch
Some workers are more likely to be replaced by robots than others.
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20h The Moneyologist: My late partner left me with survivorship rights – her son refuses to sell
Market Watch
This man fears a costly legal battle to live in the home they once shared.
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21h NerdWallet: Here’s how you can retire by the time you’re 40
Market Watch
Retiring young takes commitment. Here’s how to figure out how much money you need and where to get it.
 Like Reply
21h There’s a new way to mine for lithium and it’s right here in the U.S.
Market Watch
A study by Stanford University researchers say there’s a new way to detect lithium in supervolcanoes.
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21h UK unemployment falls again to lowest since 1975, wage growth still lacklustre
CNBC
Britain's unemployment labor market bucked tepid economic growth in the second quarter as the unemployment rate unexpectedly fell to its lowest since 1975.
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21h London Markets: U.K. stocks on course for 3rd straight gain before June jobs data
Market Watch
U.K. stocks climbed Wednesday, with BHP Billiton’s gain helping to guide the market toward a third consecutive advance, while investors waited for monthly data on British wages and unemployment.
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21h Fiat Chrysler joins autonomous driving team of BMW, Intel, Mobileye
Reuters
SAN FRANCISCO (Reuters) - Fiat Chrysler is joining the self-driving alliance led by BMW Group, Intel Corp and its Mobileye subsidiary, becoming the second automaker in the year-old group to opt to partner in developing an autonomous driving platform.
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22h Hedge fund Elliott raises stake in BHP in push for change
Reuters
MELBOURNE (Reuters) - Hedge fund Elliott Management has raised its stake in BHP Billiton to 5 percent, bolstering its position to agitate for change at the top global miner, but signaled its support for the incoming chairman.
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Pop Rocks in a burrito? Taco Bell creates a 'firecracker'22h Pop Rocks in a burrito? Taco Bell creates a 'firecracker'
USA Today
The Firecracker Burrito, topped with cayenne-flavored Pop Rocks-style candy, is for sale only at four California locations for now.
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Taco Bell tests its 'fireworks burrito'22h Updated Taco Bell tests its 'fireworks burrito'
USA Today
The fast-food chain brings the surprising popping noise of Pop Rocks candy to a burrito
 Like Reply
22h Plans to unwind banking regulation ‘very, very dangerous’, says Fed’s Fischer
CNBC
Leading Federal Reserve policymaker Stanley Fischer has hit out at plans to unwind banking regulation, brandishing it a “terrible mistake.”
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23h Updated The Wall Street Journal: Verizon building first-responder network to compete with AT&T
Market Watch
Verizon says it controls about two-thirds of the market for police, fire and other first responders, and in its announcement signaled that it plans to hold on to them.
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23h Updated Dollar revived by U.S. data tonic, North Korea respite
Reuters
SYDNEY (Reuters) - The dollar hoarded hefty gains on Wednesday after strong U.S. retail sales revived the chance of another Federal Reserve rate hike this year, while Asia stocks inched ahead as tensions in the Korean peninsula went off the boil.
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Southwest elite frequent-fliers hit by computer glitch will get bonus points23h Southwest elite frequent-fliers hit by computer glitch will get bonus points
USA Today
Southwest Airlines' elite frequent fliers are fuming because a computer glitch is taking away a treasured perk: early boarding.
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24h The Wall Street Journal: Report indicates North Korea may not be reliant on foreign rocket engines
Market Watch
A report by the International Institute for Strategic Studies released Monday said the liquid-propellant rocket engines North Korea has used in recent tests resemble those originating from Soviet designs and theorized that North Korea had somehow illicitly purchased engines smuggled out of Russia or Ukraine.
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24h Updated Asia Markets: Asian markets take a breather after early-week rebound
Market Watch
Asian equity markets lacked direction Wednesday following a rebound earlier in the week, tracking a muted performance overnight on Wall Street.
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24h Futures Movers: Oil prices rise on hopes for another big drop in U.S. inventories
Market Watch
The American Petroleum Institute said U.S. inventories fell 9.2 million barrels last week. That’s triple the projected drop anticipated in later Wednesday’s government report.
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Miley Cyrus pays $5.8M for this stunning farmhouse in Tennessee25h Miley Cyrus pays $5.8M for this stunning farmhouse in Tennessee
USA Today
A trust linked to the "Wrecking Ball" singer Miley Cyrus has paid $5.8 million for a 6,869-square-foot home in Williamson County, Tenn.
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