Back News Saturday, October 21, 2017
Search Sections 21 Oct
Close
Advertisement
56m Updated How winning the race to be Amazon’s second headquarters could turn out to be a curse
Market Watch
The housing market—as it relates to Amazon’s economic reach, its probable boost to demand for diverse housing types and the tension between homeowners sitting on higher home values versus buyers and renters pushed entirely out of the market—must be a major consideration as metro areas march forward in their pursuit to become the e-commerce giant’s second home.
 Like Reply
57m Updated Amazon’s ‘HQ2’ dance-off included a Dear John letter, a huge tax sweetener and a whole lot more
Market Watch
Most of the municipalities meeting Jeff Bezos and company’s stated criteria for the home of a secondary headquarters, and some falling short, have expressed at least provisional interest in attracting the planned 50,000 jobs, their $100,000 typical salary and the $5 billion initial investment proffered. On Thursday, the proposals were due.
 Like Reply
1h 4m Spanish leader plans to sack Catalonia’s leaders, hold early elections
Market Watch
Prime Minister Mariano Rajoy will ask Spain’s Senate to give him the power to remove Catalan leaders, who have been agitating for independence for Catalonia, and to hold new elections in the region.
 Like Reply
1h 4m NewsWatch: Earn passive income: 4 people share their successful strategies
Market Watch
Say hello to passive income—a low-effort cash flow that’s steady, predictable and relatively easy to maintain.
 Like Reply
2h Updated Outside the Box: Why ‘nudging’ works: People need a push when it comes to retirement savings
Market Watch
Richard Thaler knew barriers include lack of access to retirement programs, short term thinking and inertia
 Like Reply
2h Updated Next Avenue: Sex lives collide when millennials move back home
Market Watch
In a multigenerational household, things can get awkward.
 Like Reply
2h Updated The Wall Street Journal: $1 million or $5,000 a month: which would you choose?
Market Watch
The answer will tell you whether you suffer an ‘illusion of poverty’ or an ‘illusion of wealth’
 Like Reply
2h In One Chart: This is why the Midwest will be the hottest retirement destination
Market Watch
A lower cost of living means your retirement dollars to go further
 Like Reply
2h Market Extra: Rebound for U.S. shale oil hasn’t peaked yet — why OPEC should be wary
Market Watch
The sharp rebound in U.S. shale oil production is showing no signs of tapering off and will likely keep a lid on oil prices in coming years even as OPEC continues to cut production, according to a number of industry experts.
 Like Reply
2h Updated Where did baby boomers go wrong? This generation isn’t financially prepared for retirement
Market Watch
65- to 74-year-olds only have an average of $300,000 in their defined contribution plans.
 Like Reply
2h Updated The Wall Street Journal: Don’t let the critics scare you away from passive investing
Market Watch
Passive indexing will not consume all investments, despite its recent growth. If anything, there is still too little of it.
 Like Reply
2h Updated Grow: Earn passive income: 4 people share their successful strategies
Market Watch
Say hello to passive income—a low-effort cash flow that’s steady, predictable and relatively easy to maintain.
 Like Reply
4 types of Medicare Advantage plans to consider during open enrollment2h 4 types of Medicare Advantage plans to consider during open enrollment
USA Today
Before you pick a Medicare Advantage plan, check to see if the plan type is best for you.
 Like Reply
2h Why millennials are ditching religion for witchcraft and astrology
Market Watch
In tumultuous political times, the 18-30 demographic is reaching for the stars.
 Like Reply
2h Updated In One Chart: The No. 1 financial regret of Americans
Market Watch
Regrets? Americans have had more than a few when it comes to managing their money.
 Like Reply
2h Why I wear ‘dead men’s’ shoes (and you should too)
Market Watch
Second-hand footwear is an important reminder that we rent — even when we buy.
 Like Reply
Taking an early retirement may be financially risky3h Taking an early retirement may be financially risky
USA Today
You will need some luck to ensure financial success in early retirement.
 Like Reply
More foreign visitors say 'no thanks' to U.S. as a destination3h More foreign visitors say 'no thanks' to U.S. as a destination
USA Today
Overseas visits to the United States have experienced a sustained downturn.
 Like Reply
3h One major reason why sexual harassers can continue
Market Watch
Harvey Weinstein isn’t the only alleged sexual harasser accused of multiple offenses
 Like Reply
3h Updated : Article 155: Spain looks set to trigger its ‘nuclear option’ in the Catalonia crisis
Market Watch
Spain’s government is about to enter into no-man’s-land with its rebellious Catalan region. A cabinet meeting on Saturday could decide whether the central government takes over the region as punishment for refusing to back down over independence.
 Like Reply
4h A surprisingly easy way to keep people from a gambling addiction
Market Watch
New players can avoid gambling addiction with some learned tricks.
 Like Reply
5h China says will guide private capital into higher growth areas
Reuters
BEIJING (Reuters) - China will introduce measures aimed at guiding private investment into areas that have a higher growth potential, a senior official with the state planning agency said on Saturday.
 Like Reply
11h Updated Recent hurricanes take toll on quarterly earnings
Reuters
SAN FRANCISCO (Reuters) - After raging over the southern United States and Puerto Rico, remnants of hurricanes Harvey, Irma and Maria are now dampening U.S. corporate profits.
 Like Reply
Judge tosses $417M award in claim baby powder caused cancer11h Judge tosses $417M award in claim baby powder caused cancer
USA Today
Eva Echeverria, who used the powder for decades, alleged that the company failed to adequately warn about talcum powder’s potential cancer risks.
 Like Reply
12h U.S. tax plan hopes lift stocks, dollar strengthens
Reuters
NEW YORK (Reuters) - World stocks advanced, bond yields rose and the U.S. dollar strengthened on Friday on increased hopes President Donald Trump could make progress on his fiscal plans after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.
 Like Reply
Amazon Prime is popular, but in three-quarters of all U.S homes? That's open to debate13h Amazon Prime is popular, but in three-quarters of all U.S homes? That's open to debate
USA Today
Estimates for how many U.S. households have Prime memberships vary between 75% and 40%
 Like Reply
13h California judge tosses $417 million talc cancer verdict against Johnson & Johnson
Reuters
(Reuters) - A California judge on Friday threw out a $417 million verdict against Johnson & Johnson in a lawsuit by a woman who claimed she developed ovarian cancer after using its talc-based products like Johnson's Baby Powder for feminine hygiene.
 Like Reply
Google apologizes for Pixel 2 price as pop-up stores charge too much; offers refund14h Google apologizes for Pixel 2 price as pop-up stores charge too much; offers refund
USA Today
A Verizon reseller charged $30 above the regular price for the Pixel 2 and Pixel 2 XL smartphones. Google says it will reimburse customers.
 Like Reply
14h Tesla raises borrowing capacity for car leases to $1.1 billion
Reuters
(Reuters) - Tesla Inc said on Friday it has increased its borrowing capacity for a car lease program to $1.1 billion from $600 million.
 Like Reply
Boo! Taco Bell's scariest product yet is the Kit Kat Chocoladilla14h Updated Boo! Taco Bell's scariest product yet is the Kit Kat Chocoladilla
USA Today
It's basically a melted candy bar in a flour tortilla. Sounds delicious, right?
 Like Reply
Pay: New service allows U.S. workers to get paid daily instead of weekly14h Updated Pay: New service allows U.S. workers to get paid daily instead of weekly
USA Today
The service lets employees tap half the pay they earn on a given day as soon as their shifts end.
 Like Reply
14h Earnings Outlook: AMD earnings: New products and crypto-related sales are key to quarter
Market Watch
Advanced Micro Devices Inc. investors will be looking for how the chipmaker’s new product rollouts are faring are for more indications of how demand for cryptocurrency mining cards are driving sales.
 Like Reply
Amazon Prime is big, though how big no one knows15h Updated Amazon Prime is big, though how big no one knows
USA Today
Estimates for how many U.S. households have Prime memberships vary between 75% and 40%
 Like Reply
15h Earnings Outlook: Data centers, new iPhones expected to drive chip companies to strong earnings
Market Watch
High-profile smartphone releases and the growth of data centers are expected to drive another strong earnings quarter for chip makers and related companies, which would put a cap on a strong year for semiconductor stocks.
 Like Reply
Google apologizes as pop-up stores charge too much for Pixel 2; plans to pay back buyers15h Updated Google apologizes as pop-up stores charge too much for Pixel 2; plans to pay back buyers
USA Today
A Verizon reseller charged $30 above the regular price for the Pixel 2 and Pixel 2 XL smartphones. Google says it will reimburse customers.
 Like Reply
16h Updated Wall Street hits record highs; tax plan hopes fuel optimism
Reuters
NEW YORK (Reuters) - U.S. stocks hit record closing highs on Friday and the S&P 500 posted a sixth week of gains after the U.S. Senate passed a budget resolution, lifting hopes that President Donald Trump's tax-cut plan may move forward.
 Like Reply
Wall Street rises on tax-cut hopes16h Wall Street rises on tax-cut hopes
USA Today
Investors grew optimistic Friday after the Trump administration cleared a hurdle to cut taxes. As Fred Katayama reports, bank and tech stocks led the rally. Video provided by Reuters
 Like Reply
16h The Wall Street Journal: Merck to lay off about 1,800 U.S. sales reps in cost-cutting move
Market Watch
Merck & Co. said Friday it is laying off about 1,800 U.S. sales representatives, or nearly 7% of the drugmaker’s U.S. workforce, in a reorganization the company says will cut costs and shift focus to products with growth potential.
 Like Reply
16h Tesla raises borrowing capacity under warehouse agreements to $1.1 billion
Reuters
(Reuters) - Tesla Inc said on Friday it has increased its borrowing capacity, related to an agreement, to $1.1 billion as the electric car maker spends heavily to fix production bottlenecks of its new Model 3 sedan.
 Like Reply
16h Updated Five Questions With: PayPal exec Bill Ready sees big opportunity in Pay with Venmo
Market Watch
PayPal rose to record highs Friday, a common occurrence of late as the payments company has found fans on Wall Street ahead of the launch of a new Venmo product.
 Like Reply
Least livable: 50 worst cities to live in16h Updated Least livable: 50 worst cities to live in
USA Today
24/7 Wall St. created an index of over three dozen socioeconomic measures to identify the 50 best American cities to live in.
 Like Reply
16h Snap lays off 18 employees in recruiting division
Reuters
SAN FRANCISCO (Reuters) - Social media company Snap Inc said on Friday it had laid off 18 people in its recruiting division, an unusual move for a young company with ambitious growth plans and a likely reflection of tough competition from Facebook Inc .
 Like Reply
16h FAA releases warning about laptops in checked bags
Market Watch
Travelers may soon have to keep their devices on them.
 Like Reply
16h Earnings Outlook: Amazon earnings: Analysts await news of the Whole Foods impact
Market Watch
Analysts are looking for information about the impact that Whole Foods will have on Amazon’s third-quarter and beyond.
 Like Reply
17h NewsWatch: A bigger blast off? What one strategist sees taking bitcoin ‘into the stratosphere’
Market Watch
The digital currency bitcoin hit its latest in a series of record highs on Friday, as it extended a record that has taken it up more than 500% this year alone. But what would it take for bitcoin to really rise?
 Like Reply
17h Updated Is your hedge-fund manager a psychopath? Why that could be bad for your returns
Market Watch
Researchers’ findings challenge the popular image of cold and calculating Wall Street titans.
 Like Reply
17h Market Extra: S&P 500 matches uncanny stock-market history on Friday—for doing almost nothing
Market Watch
How quiet is this record-setting stock market? By at least one measure, the S&P 500 index registered its lengthiest period of quiescence in more than two decades—and perhaps ever.
 Like Reply
Wells Fargo reportedly fires 4 amid investigations17h Wells Fargo reportedly fires 4 amid investigations
USA Today
Regulators are investigating Wells Fargo's investment-banking business, while the bank also conducts an internal probe.
 Like Reply
If you're serious about cleaning your home, you need a canister vacuum17h If you're serious about cleaning your home, you need a canister vacuum
USA Today
— Our editors review and recommend products to help you buy the stuff you need. If you make a purchase by clicking one of our links, we may earn a small share of the revenue. However, our picks and opinions are independent from USA TODAY’s...
 Like Reply
17h Market Snapshot: Stocks score fresh records as Senate clears tax-cut hurdle
Market Watch
The three major U.S. stock indexes simultaneously close at records on Friday, the 24th time for this year, after the Senate passed a budget blueprint for the next fiscal year.
 Like Reply
17h Market Extra: A bigger blast off? What one strategist sees taking bitcoin ‘into the stratosphere’
Market Watch
The digital currency bitcoin hit its latest in a series of record highs on Friday, as it extended a record that has taken it up more than 500% this year alone. But what would it take for bitcoin to really rise?
 Like Reply
17h Market Extra: Bitcoin breaks above $6,000, and $100 billion in value for the first time in its history
Market Watch
The world’s most prominent digital currency was on track to mark a fresh milestone on Friday, with bitcoin rallying and putting the cyber currency in position to hit a total market value of around $100 billion.
 Like Reply
17h Bond Report: 10-year Treasury yield posts biggest jump in five weeks on hopes for tax overhaul
Market Watch
Treasury prices tumble Friday, pushing yields firmly higher, after the Senate passes a budget resolution that could clear the way for tax cuts.
 Like Reply
General Electric profit falls, missing expectations, will cut $20 billion in businesses17h General Electric profit falls, missing expectations, will cut $20 billion in businesses
USA Today
GE is reducing its financial expectations for the year after a disappointing quarter
 Like Reply
17h Updated Market Extra: 3 things investors need to know about Japan’s snap election this Sunday
Market Watch
Japan is going to the polls to vote in a snap election this weekend. Though the result will likely give more power to the incumbent Prime Minister Shinzo Abe, there is a tail risk that could derail the yen.
 Like Reply
17h Updated Financial ETF jumps to 10-year high as budget bill passage boosts bond yields
Market Watch
Financial stocks surged as the Senate’s passage of a budget bill gave rise to longer-term Treasury yields, which can help boost bank profits.
 Like Reply
17h Billionaire CEO of fizzy-water maker LaCroix lashes out over stock in bizarre press release
CNBC
Nick Caporella, the CEO of National Beverage Corp., is complaining about speculators in his stock.
 Like Reply
18h Updated Key Words: Mnuchin has an important warning for stock-market investors
Market Watch
Beware stock market investors. Tax cuts are critical to maintaining their record-setting ascent, according to Steven Mnuchin.
 Like Reply
18h The Ratings Game: Skechers stock rockets 42% to mark its biggest one-day gain since 1999 IPO
Market Watch
Shares of athletic shoe maker Skechers Inc. zoomed more than 37% Friday, after the company blew past earnings estimates for the third quarter, prompting a round of stock price target increases from analysts and at least one upgrade.
 Like Reply
18h Currencies: Dollar strengthens, set to book weekly gain on revived tax-reform hope
Market Watch
The U.S. dollar rises to its highest level in roughly three months against the yen, strengthening against other rivals on Friday.
 Like Reply
18h The Ratings Game: Skechers stock rockets 39% to mark its biggest one-day gain since 1999 IPO
Market Watch
Shares of athletic shoe maker Skechers Inc. zoomed more than 37% Friday, after the company blew past earnings estimates for the third quarter, prompting a round of stock price target increases from analysts and at least one upgrade.
 Like Reply
18h Updated Bitcoin soars to record high above $6,000
Reuters
NEW YORK (Reuters) - Bitcoin surged to a record high of more than $6,000 on Friday, pushing its market capitalization to $100 billion at one point, as investors continued to bet on an asset that has a limited supply and has paved the way for a whole slew of crypto-currencies.
 Like Reply
18h numberFire: Why Marcus Mariota is still underrated
Market Watch
Not often enough does Tennessee Titans quarterback Marcus Mariota get mentioned in the discussion of the NFL’s great next class of quarterbacks.
 Like Reply
GE stock drops on earnings18h GE stock drops on earnings
USA Today
General Electric's third-quarter profit missed Wall Street estimates by a wide margin and the company slashed its earnings forecast, sending its stock down. Fred Katayama reports. Video provided by Reuters
 Like Reply
Stitch Fix files for IPO, testing investor appetite for online retailers18h Updated Stitch Fix files for IPO, testing investor appetite for online retailers
USA Today
The IPO will be the first test of investor reception to the newest breed of online shopping companies.
 Like Reply
18h ETF Focus: Currency-hedged ETFs see heavy outflows in 2017 as dollar slumps
Market Watch
Exchange-traded funds designed to minimize the currency impact of non-U.S. stocks have seen sharp outflows thus far in 2017, as their “hedging” strategies has wound up serving as a headwind in a period of dollar weakness.
 Like Reply
Beware! Consumer Reports says this Tesla and 9 other cars are most unreliable18h Beware! Consumer Reports says this Tesla and 9 other cars are most unreliable
USA Today
It's a mix of vehicles, from the least to most expensive -- and all sizes
 Like Reply
18h Nestle CEO praised by Third Point but hedge fund still wants more
Reuters
LONDON/BOSTON (Reuters) - Nine months into leading the world's biggest packaged food company, Nestle SA Chief Executive Mark Schneider got a tentative thumbs-up from a prominent investor, who praised his early steps on Friday but said there was more work to be done.
 Like Reply
18h Updated Deep Dive: Three money managers who lived through the 1987 stock-market crash warn of danger today
Market Watch
‘I would take some money off now because ... there are clear signs of deranged valuations,’ says Gabelli fund manager Lawrence Haverty.
 Like Reply
Losses from California wildfires top $1B — and is 'just the beginning '18h Losses from California wildfires top $1B — and is 'just the beginning '
USA Today
Losses from the California wildfires exceed $1 billion, the state insurance commissioner said.
 Like Reply
18h Updated Deep Dive: These stocks have popped more than 75% since Trump was elected
Market Watch
The president boasted Monday that U.S. stocks have risen 25% on his watch. By Phil van Doorn.
 Like Reply
18h Market Extra: Has the Canadian dollar topped out?
Market Watch
The Canadian dollar is a top performer among major currencies this year, with speculative bets for further gains hitting a five-year high. But with disappointing data on Friday and less than three months left in the year, the Canadian currency might have topped out.
 Like Reply
18h Updated Market Extra: S&P 500 is set to match uncanny stock-market history on Friday—for doing almost nothing
Market Watch
How quiet is this record-setting stock market? By at least one measure, the S&P 500 index is on pace to register is lengthiest period of quiescence in more than two decades—and perhaps ever.
 Like Reply
California toddler killed after recalled IKEA dresser crushes him18h Updated California toddler killed after recalled IKEA dresser crushes him
USA Today
A California toddler who was killed after an IKEA dresser toppled over and crushed him is the latest in a string of deaths caused by the recalled dresser.
 Like Reply
18h Wells Fargo reportedly fires foreign exchange execs amid investigations
CNBC
The executive firings would add to Wells Fargo's existing struggle with scandal in its consumer banking business.
 Like Reply
19h Updated Economic Report: U.S. ends fiscal 2017 with $666 billion budget deficit
Market Watch
The federal government finished fiscal 2017 with a budget deficit of $666 billion, an increase of $80 billion over the previous year.
 Like Reply
19h Updated Market Extra: Bitcoin breaks above $6,000, nears $100 billion value for the first time in its history
Market Watch
The world’s most prominent digital currency was on track to mark a fresh milestone on Friday, with bitcoin rallying and putting the cyber currency in position to hit a total market value of around $100 billion.
 Like Reply
19h Updated Earnings Outlook: McDonald’s earnings: $1 drinks, premium sandwiches and digital will drive growth
Market Watch
McDonald’s Corp. is expected to announce third-quarter earnings on Oct. 24 before the opening bell.
 Like Reply
19h Updated Under Armour and Gap add to growing list of Stitch Fix-style subscription services
Market Watch
Companies like Stitch Fix, Trunk Show and Le Tote are taking market share from other online apparel retailers, reflecting the popularity of online styling and subscription services
 Like Reply
19h Trump may have narrowed down Fed pick to Powell and Taylor
CNBC
President Donald Trump's options for the future Federal Reserve leadership could include not one but two of the top contenders.
 Like Reply
19h Updated Stitch Fix IPO: 5 things to know about online clothing service
Market Watch
Stitch Fix, a clothing service that uses data, stylists, and clients feedback to handpick items, has filed to go public
 Like Reply
19h The Ratings Game: Skechers stock rockets 39% to mark their biggest one-day gain since 1999 IPO
Market Watch
Shares of athletic shoe maker Skechers Inc. zoomed more than 37% Friday, after the company blew past earnings estimates for the third quarter, prompting a round of stock price target increases from analysts and at least one upgrade.
 Like Reply
19h Market Snapshot: Stock market marches to fresh record as Senate clears tax-reform hurdle
Market Watch
U.S. stocks rise on Friday, with major indexes trading at records after the Senate passed a budget blueprint for the next fiscal year.
 Like Reply
19h Updated The Ratings Game: Celgene dives 10% after ditching key drug
Market Watch
The once high-profile drug was expected to bring in as much as $2.4 billion in peak revenue.
 Like Reply
19h Updated MarketWatch First Take: Atlassian hits $10 billion market cap, and keeps on going
Market Watch
Nearly two years after its initial public offering, Atlassian Inc. is heading toward a market cap of $10 billion and is unlikely to stop there.
 Like Reply
19h Whole Foods says hacking incident resolved
Reuters
(Reuters) - Amazon.com Inc's Whole Foods Market said on Friday it had replaced affected point-of-sale systems at venues located within some stores where payment card information had been stolen.
 Like Reply
Is P&G's slow and steady improvement enough?19h Is P&G's slow and steady improvement enough?
USA Today
The consumer products giant's first-quarter results were released 10 days after the company narrowly beat back a proxy challenge from Nelson Peltz.
 Like Reply
U.S. home sales ticked up in September as Houston recovers19h U.S. home sales ticked up in September as Houston recovers
USA Today
U.S. home sales rose slightly last month as the Houston housing market quickly recovered from Hurricane Harvey.
 Like Reply
19h Top oilfield services firms signal fourth-quarter uncertainty
Reuters
(Reuters) - The world's top two oilfield service firms on Friday warned slower producer spending and weakness in offshore exploration may weigh on current-quarter earnings, but said activity could improve in the longer term as the global crude market comes into balance.
 Like Reply
KFC follows only 11 people on Twitter and it's genius19h KFC follows only 11 people on Twitter and it's genius
USA Today
KFC is selectively following 11 people on Twitter and one user was able to figure out its genuisness! Buzz60's Djenane Beaulieu (@djenanebeaulieu) has the scoop.
 Like Reply
19h Veteran fund manager Bill Miller is bullish on stocks
CNBC
Veteran investor Bill Miller joined scores of fellow fund managers in declaring his own bullish views on equities.
 Like Reply
19h Airbus sees CSeries jets grabbing major global market share: CEO
Reuters
MONTREAL (Reuters) - Airbus SE expects to sell "thousands" of Bombardier Inc's new CSeries aircraft, capturing half the global market for smaller single-aisle commercial jets, Chief Executive Tom Enders said on Friday.
 Like Reply
20h Futures Movers: Oil’s recovery leaves U.S. prices nearly flat for the week
Market Watch
Oil inches higher Friday, with U.S. prices seesawing in volatile trading ahead of a contract expiration, and now stands little changed for the week.
 Like Reply
20h GE’s profit miss was a shock, but the stock’s fall wasn’t
Market Watch
General Electric’s stock retreated then recovered after the conglomerate’s earnings report shocked investors with the first profit miss in 2 1/2 years but soothed with an intact dividend for now.
 Like Reply
20h Rex Nutting: Trump brags about the economy, but do the numbers back him up?
Market Watch
Nine months into his presidency, Rex Nutting says it’s time to grade the economy and the markets against Trump’s bragging.
 Like Reply
Could this be the first look at Starbucks' holiday cups?20h Could this be the first look at Starbucks' holiday cups?
USA Today
A Starbucks employee posted a photo on Reddit of what appeared to be a stack of holiday cups.
 Like Reply
20h House flipping is making a comeback thanks to rising home prices
CNBC
House flipping requires fast access to money, and developers are willing to pay higher interest rates for it, N.Y. Times reports.
 Like Reply
20h Wells Fargo fires forex bankers, investigates unit: WSJ
Reuters
(Reuters) - Wells Fargo & Co , the third-largest U.S. bank by assets, has fired four foreign-exchange bankers amid an investigation into that business by both the bank and regulators, the Wall Street Journal reported, citing people familiar with the matter and the bank.
 Like Reply
20h The Fed: What a Jerome Powell-Fed may look like
Market Watch
Traders are likely to breathe a sigh of relief if Jerome Powell, the Fed governor under consideration by President Donald Trump to become chairman of the central bank, gets nominated.
 Like Reply
GM settles deadly ignition switch cases for $120 million20h GM settles deadly ignition switch cases for $120 million
USA Today
The switches that killed 124 were the focus of a suit involving 49 states and the District of Columbia
 Like Reply
21h 1 in 5 white women have a tanning salon addiction
Market Watch
The practice increases the risk of melanoma, the deadliest form of skin cancer.
 Like Reply
21h P&G Does Itself No Favors Post-Peltz
The Wall Street Journal
Life isn’t getting easier for Procter & Gamble after its unconfirmed victory in the proxy fight with activist Nelson Peltz.
 Like Reply
21h 5 things to know about subscription-clothing service Stitch Fix’s IPO
Market Watch
Stitch Fix, a clothing subscription service that uses data, stylists, and clients feedback to handpick items, has filed to go public
 Like Reply
These 10 cars are least reliable says Consumer Reports21h These 10 cars are least reliable says Consumer Reports
USA Today
Consumer reports just released the most and least reliable cars on the market. How does yours stack up?
 Like Reply
21h Europe Markets: European stocks nudge higher as Catalan worries keep gains in check
Market Watch
European stocks edged higher Friday, but with traders preferring to err on the side of caution as worries persist about the Spain-Catalonia standoff over independence for the wealthy region.
 Like Reply
21h Merck to cut 1,800 U.S. sales jobs, add 960 in chronic care
Reuters
(Reuters) - Drugmaker Merck & Co Inc , moving to a new sales team structure in the United States, plans to cut 1,800 sales positions, while adding 960 jobs to a new chronic care sales force, the company said on Friday.
 Like Reply
21h Updated The Wall Street Journal: There’s talk of capping 401(k) contributions at $2,400 per year
Market Watch
Lobbyists and others in the retirement and financial services industries who have spoken to congressional staff and committee members say lawmakers are looking at proposals that would allow 401(k) participants to contribute significantly less than what is currently allowed in a traditional tax-deferred 401(k). An often mentioned amount is $2,400 a year.
 Like Reply
21h Gillette weakens P&G report after Peltz row
Reuters
(Reuters) - Procter & Gamble Co disappointed Wall Street with sales on Friday, hurt by continuing weakness in its Gillette business, a week after it claimed to have fought off hedge-fund manager Nelson Peltz's move to muscle onto the board.
 Like Reply
Bitcoin hits record as it surges above $6,00021h Bitcoin hits record as it surges above $6,000
USA Today
Bitcoin notched its record just a day after briefly plunging 8.7% amid fears of greater scrutiny from U.S. regulators.
 Like Reply
21h The Ratings Game: Skechers stock zooms 37% as earnings show company ‘is not the one-trick pony it once was’
Market Watch
Shares of athletic shoe maker Skechers Inc. zoomed more than 37% Friday, after the company blew past earnings estimates for the third quarter, prompting a round of stock price target increases from analysts and at least one upgrade.
 Like Reply
Review: New Subaru Crosstrek comes blizzard ready21h Review: New Subaru Crosstrek comes blizzard ready
USA Today
Subaru's top-selling compact crossover is all new this year
 Like Reply
21h Earnings Outlook: Tech earnings: The new gadgets that will matter this holiday season
Market Watch
Gadget companies and Silicon Valley tech titans alike have unveiled a swath of new toys leading up to the holiday shopping season and as earnings approach, investors can learn a great deal about what’s been successful—if they know what to look for.
 Like Reply
21h BMW raided in cartel investigation as Daimler claims immunity
Reuters
MUNICH/BRUSSELS (Reuters) - BMW's headquarters were raided by European Union officials investigating an alleged cartel among German carmakers, it said on Friday, as rival Daimler claimed whistleblower status in an effort to avoid fines.
 Like Reply
21h Can AMC’s ‘The Walking Dead’ find new life in season 8?
Market Watch
Viewership for ‘The Walking Dead’ has been declining for a couple seasons. Since its fifth and most successful season, the show’s audience has shrunk more than 28%.
 Like Reply
21h London Markets: FTSE 100 wobbles into the close as pound rallies on Brexit progress
Market Watch
U.K. stocks significantly trimmed their gains and closed only marginally higher on Friday, weighed by a rise in the pound after a more positive tone came out of the EU summit in Brussels, seen as moving Brexit talks along.
 Like Reply
21h Updated Hollywood’s box office failures go beyond Rotten Tomatoes ratings
Market Watch
Studios blamed critics and Rotten Tomatoes for box office bombs this summer, but critically-adored films that are struggling show it’s more complicated than that.
 Like Reply
21h Futures Movers: Oil inches up, prompting U.S. prices to trade nearly flat for the week
Market Watch
Oil inches higher Friday, with U.S. prices giving up earlier declines to trade almost unchanged for the week as traders weigh OPEC’s influence on progress toward a more balanced market and fret over the potential for more U.S. shale production.
 Like Reply
22h NewsWatch: Is the next move for highflying Netflix stock off a cliff?
Market Watch
Jeff Reeves examines five reasons to buy Netflix and five more to stay cautious.
 Like Reply
22h The Ratings Game: Skechers stock zooms 37% as earnings show company ‘is not the one trick pony it once was’
Market Watch
Shares of athletic shoe maker Skechers Inc. zoomed more than 37% Friday, after the company blew past earnings estimates for the third quarter, prompting a round of stock price target increases from analysts and at least one upgrade.
 Like Reply
22h The Downside of Big Profits at Google and Facebook
The Wall Street Journal
Google, Facebook and Twitter face serious questions about their outsize influence. Strong earnings reports won’t help that.
 Like Reply
22h Tech, bank stocks lift Wall Street; tax-cut plan back in focus
Reuters
(Reuters) - Technology and bank stocks lifted Wall Street on Friday and investor optimism received a fresh boost from Washington, where the Trump administration inched a step closer to implementing tax-cut plan.
 Like Reply
22h The Fed: Imagining life under a Jerome Powell Fed
Market Watch
Traders are likely to breathe a sigh of relief if Jerome Powell, the Fed governor under consideration by President Donald Trump to become chairman of the central bank, gets nominated.
 Like Reply
22h Regulator blasts Wells Fargo for deceptive auto insurance program
CNBC
Wells Fargo is accused of forcing borrowers to buy unneeded auto insurance when they took out a car loan, N.Y. Times reports.
 Like Reply
'Playboy' features model Ines Rau as first transgender Playmate22h Updated 'Playboy' features model Ines Rau as first transgender Playmate
USA Today
Ines Rau, 26, will be the centerfold in the first issue to publish since 'Playboy's founder Hugh Hefner died in September.
 Like Reply
America's top 5 worst cities to live in. Yours listed?22h Updated America's top 5 worst cities to live in. Yours listed?
USA Today
Prepare yourself! Here are the top 5 worst cities in America to live in. Is your hometown on the list?
 Like Reply
22h Hotels are employing fewer concierges
The Economist
IF BUSINESS travellers need to reserve a table at a restaurant, they may use OpenTable, a website. If they wish to find a nearby museum, a Google search will probably be their first port of call. And if they want transport into town, they can easily hail an Uber. Given that so many services are just one swipe away, is there a need for a hotel concierge anymore? Increasingly hoteliers think that there is not. The share of American hotels with concierges has fallen from 27% in 2010 to 20% last year, according to a report by the , a trade group. Since 2014 the number of luxury hotels that employ a concierge has declined by 20%. Though concierges are not extinct quite yet, those that remain tend to work in upmarket establishments. In America 82% of luxury hotels employ concierges, as do 76% of “upper upscale” hotels, the second most glamourous category. After that concierges are a much rarer sight. Just 16% of “upscale” hotels have them. For...
 Like Reply
22h Bitcoin surges above $6,000 for the first time on heavy trading volume
CNBC
Bitcoin surged 5 percent to a record high above $6,000 on high trading volume Friday.
 Like Reply
22h Bond Report: Treasury yields climb as Senate passes budget bill, juices risk appetite
Market Watch
Treasury prices tumble early Friday, pushing yields firmly higher, as the Senate passed a budget late Thursday that was seen as a key bridge to reforming the U.S. tax code, delivering a further jolt to appetite for assets perceived as risky on Wall Street and away from the safety of government bonds.
 Like Reply
22h Exclusive: PDVSA blocked from using NuStar terminal over unpaid bills
Reuters
HOUSTON (Reuters) - Venezuela's state-run petroleum firm PDVSA has been barred from using a NuStar Energy oil storage terminal in the Caribbean over $26 million in unpaid bills, according to documents reviewed by Reuters, halting delivery of a cargo to an oil trader.
 Like Reply
22h Updated Currencies: Dollar storms higher on revived hopes for tax cuts
Market Watch
The dollar kicked off trading on Friday in positive territory across the board, gaining after the U.S. Senate approved a budget blueprint for the 2018 fiscal year, which is seen as opening the door to tax reform. The pound fell as investors weighed up comments from a Bank of England official.
 Like Reply
22h Wells Fargo scrutinized by regulator for auto insurance program: NYT
Reuters
(Reuters) - Wells Fargo & Co engaged in deceptive auto insurance practices, failed to properly manage risks and hasn't set aside enough funds to pay back affected customers, the New York Times reported, citing a confidential report by federal regulators.
 Like Reply
22h Market Snapshot: Stocks hit records as Senate clears tax-reform hurdle; earnings also support
Market Watch
U.S. stocks rise on Friday, with major indexes trading at records after the Senate passed a budget blueprint for the next fiscal year.
 Like Reply
22h Capitol Report: What’s next for a tax overhaul after the Senate passed its budget
Market Watch
Republicans’ drive to cut taxes took a big step forward with the Senate’s passage of a budget resolution on Thursday night. But there are several critical steps to go before any tax bill can reach President Donald Trump’s desk.
 Like Reply
22h Who needs Wall Street? New robot-powered ETF beating the market so far
CNBC
The AI Powered Equity ETF debuted this week. It's an actively managed fund that seeks to use AI to beat the market.
 Like Reply
IRS will block or suspend your tax return if you don’t do this22h IRS will block or suspend your tax return if you don’t do this
USA Today
The IRS is warning tax professionals that it will block or suspend processing of 2017 income tax returns that do not comply with Obamacare rules.
 Like Reply
Microsoft-Harmon answer to Amazon Echo is promising, pricey, and plays catch-up22h Updated Microsoft-Harmon answer to Amazon Echo is promising, pricey, and plays catch-up
USA Today
Sound off. Can a speaker with Microsoft Cortana compete against Amazon Echo with Alexa and Google Home with the Google Assistant?
 Like Reply
23h D-Day: GE CEO says decision on dividend to be made at November investor day
CNBC
Concerns around GE's 4.07 percent dividend yield arose after the company reported disappointing quarterly earnings.
 Like Reply
23h Updated Retailers should get ready for another stressful year in 2018
Market Watch
The stress in the retail sector that has triggered a string of bankruptcies this year is unlikely to get much better in 2018, according to Fitch Ratings.
 Like Reply
Losses from California wildfires top $1B; 'These numbers are just the beginning of the story'23h Losses from California wildfires top $1B; 'These numbers are just the beginning of the story'
USA Today
Losses from the California wildfires exceed $1 billion, the state insurance commissioner said.
 Like Reply
GE misses on earnings, plans to shed $20 billion worth of businesses23h GE misses on earnings, plans to shed $20 billion worth of businesses
USA Today
GE is reducing its financial expectations for the year after a disappointing quarter
 Like Reply
23h Updated Here’s how much more money you can put in your 401(k) in 2018
Market Watch
Individual retirement account limitations remain unchanged.
 Like Reply
23h Updated Exclusive: Iberdrola demands change at Siemens Gamesa as problems mount
Reuters
MADRID (Reuters) - Spanish utility Iberdrola is becoming increasingly concerned about the way German group Siemens is managing the Spanish-based wind power joint venture Siemens Gamesa , two people with knowledge of the matter said.
 Like Reply
23h Kelly Macdonald stars in film adaptations of children books, but that doesn’t mean the books are a hit in her house
Market Watch
The ‘Goodbye Christopher Robin’ actress plays nanny to the young boy who inspired A.A. Milne’s “Winnie-the-Pooh” series.
 Like Reply
23h Schlumberger, Baker Hughes warn of weak fourth quarter
Reuters
(Reuters) - The world's top two oilfield services firms warned on Friday of a challenging fourth quarter for the industry, as investment slows due to soft oil prices and energy firms reducing activity on offshore rigs.
 Like Reply
Does P&G's $2.9B profit signal faster turnaround?23h Does P&G's $2.9B profit signal faster turnaround?
USA Today
The consumer products giant's first-quarter results were released 10 days after the company narrowly beat back a proxy challenge from Nelson Peltz.
 Like Reply
Wall Street expects Powell but still wants Yellen as next Fed chair23h Wall Street expects Powell but still wants Yellen as next Fed chair
USA Today
Wall Street overwhelmingly believes President Trump will pick Federal Reserve Governor Jay Powell to be the next Fed chair.
 Like Reply
23h Metals Stocks: Gold prices decline as dollar gains strength on tax reform hopes
Market Watch
The gold selloff resumes Friday, with the metal set to suffer its worst weekly performance in a month as the dollar rallied on news that the Republican-controlled Senate passed a budget blueprint.
 Like Reply
23h Bank, tech stocks lift Wall Street
Reuters
(Reuters) - U.S. stocks inched higher on Friday as bank stocks rose and tech stocks recovered, with investor optimism back as Trump administration cleared a hurdle to lower taxes.
 Like Reply
23h How behavioral economics is being used against you
Market Watch
Nobel Prize winning economist Richard Thaler tells people to “nudge for good” — not everyone follows his advice.
 Like Reply
Insurance cost of 2017 hurricanes and earthquakes approaching $100 billion23h Updated Insurance cost of 2017 hurricanes and earthquakes approaching $100 billion
USA Today
Hurricanes Harvey, Irma, and Maria and two earthquakes in Mexico are racking up losses for insurers.
 Like Reply
23h U.S. existing home sales unexpectedly rebound in September
Reuters
WASHINGTON (Reuters) - U.S. home resales unexpectedly increased in September as the effects of Hurricanes Harvey and Irma began to dissipate, but a persistent dearth of properties for sale continued to weigh on overall activity.
 Like Reply
23h Updated Next Avenue: More people are taking part in drug trials. Should you?
Market Watch
The number of clinical drug trials has increased recently and researchers are looking for participants.
 Like Reply
24h Updated NerdWallet: You won’t believe what it takes to sort out a pro athlete’s tax bill
Market Watch
Three tax experts who specialize in pro sports reveal a few surprises that routinely blindside new players.
 Like Reply
24h The Wall Street Journal: EU to lay ground for next round of Brexit talks, but says progress is too slow
Market Watch
As the two-day summit ends, EU leaders say talks are bogged down, even amid continued efforts by British Prime Minister Theresa May to move the discussions forward
 Like Reply
24h You’ll never live to be 150 and other things to know about aging in America
Market Watch
Exercise really does help and Social Security might still be around when millennials retire.
 Like Reply
24h Updated What Jack Bogle and Richard Thaler know about smart investing
Market Watch
A nudge is great, but sometimes, the best advice is to do nothing.
 Like Reply
24h Updated Schlumberger, Baker Hughes warn of North America slowdown
Reuters
(Reuters) - Schlumberger Ltd and Baker Hughes , the world's top two oilfield services firms, warned on Friday of a slowdown in North America and a challenging year ahead as crude oil prices stay volatile.
 Like Reply
24h Market Snapshot: Dow, S&P 500 hit records as Senate clears tax-reform hurdle
Market Watch
U.S. stocks rise on Friday, with major indexes trading at or near records after the Senate passed a budget blueprint for the next fiscal year.
 Like Reply
24h Updated Visitors are still flocking to Mexico despite U.S. warnings
Market Watch
Big tourist hubs were affected by the latest travel advisory.
 Like Reply
24h S&P, Dow open at record highs on tax-cut optimism
Reuters
(Reuters) - Wall Street opened higher on Friday, with the S&P and the Dow recording new highs, on growth optimism as the Trump administration inched a step closer to implementing its tax-cut plan.
 Like Reply
24h Updated Key Words: What’s an ICO? (Or: Why Dilbert’s boss should read MarketWatch)
Market Watch
In a cartoon published this week, Dilbert proposes an ICO, leaving the Pointy-haired Boss character perplexed. If only MarketWatch’s Shawn Langlois had joined Dilbert in Frame 3.
 Like Reply
24h BMW confirms inspection by EU antitrust officials
Reuters
MUNICH (Reuters) - German carmaker BMW on Friday confirmed that EU antitrust staff were in Munich this week to search its offices.
 Like Reply
GE misses on earnings24h Updated GE misses on earnings
USA Today
GE is reducing its financial expectations for the year after a disappointing quarter
 Like Reply
24h Updated Need to Know: Who’s the next Fed boss? Brace for a ‘Trumpian surprise’
Market Watch
The Dow is cruising toward another weekly win, as traders seem to lap up another serving of tax-reform hope. But politics are messy, so some say don’t buy the hype. Picking a Fed boss is also tricky, but today’s call offers an idea.
 Like Reply
24h Updated Catastrophes Everywhere, but Big Insurers May Do Alright
The Wall Street Journal
Much uncertainty remains around the costs from recent storms and earthquakes that will fall on investors. But for the big traditional groups like Swiss Re and XL, the storm damage may not be that bad.
 Like Reply
25h NewsWatch: ‘Trump trade has been reignited’ — analysts on what the Senate budget vote means for investors
Market Watch
Appetite for riskier assets may have gotten a big boost after the Senate passage a budget blueprint, paving the way for tax reform. Here’s what analysts are saying right now.
 Like Reply
25h Updated Market Snapshot: Dow, S&P 500 set to resume record run as Senate clears hurdle to tax reform
Market Watch
U.S. stock-index futures pointed to a higher open that will take Wall Street deeper into record territory after the Senate narrowly passed a budget blueprint for the next fiscal year, a move that is seen as paving the way for the tax reform many investors believe is vital to keeping the bull market alive.
 Like Reply
25h The Fed: Pence reportedly favors Taylor to lead Fed
Market Watch
On the day Federal Reserve Chairwoman Janet Yellen is set to meet President Donald Trump, a published report suggested that Vice President Mike Pence favors Stanford economist John Taylor.
 Like Reply
25h The Ratings Game: Ebay shares sink after weak guidance, but analysts say growth is on the way
Market Watch
Ebay is on the path to growth, optimistic analysts say, but its soft guidance has sent shares down
 Like Reply
25h Updated GE stock drops as profit misses, CEO cuts forecast
Reuters
NEW YORK (Reuters) - General Electric Co's third-quarter profit missed Wall Street estimates by a wide margin on Friday and the industrial conglomerate slashed its earnings forecast, sending the year's worst-performing Dow stock down another 6 percent.
 Like Reply
25h Updated Under Armour, Gap add personal touch with subscription service launches
Market Watch
Companies like Stitch Fix, Trunk Show and Le Tote are taking market share from other online apparel retailers, reflecting the popularity of online styling and subscription services
 Like Reply
25h Capitol Report: Republicans ready to move on tax plan few have seen | Obama implicitly rebukes Trump
Market Watch
Republicans are ready to move on a tax plan that few have seen; former President Barack Obama implicitly rebukes President Donald Trump; Trump to speak to Senate Republicans next week; and more.
 Like Reply
25h Updated Market Extra: ‘Trump trade has been reignited’ — analysts on what the Senate budget vote means for investors
Market Watch
Appetite for riskier assets may have gotten a big boost after the Senate passage a budget blueprint, paving the way for tax reform. Here’s what analysts are saying right now.
 Like Reply
25h SoftBank says it could invest as much as $880 billion in tech
CNBC
Masayoshi Son said SoftBank would likely invest in 1,000 companies over the next decade, Recode reports.
 Like Reply
Target is opening a store in Vermont. Here's why it matters25h Target is opening a store in Vermont. Here's why it matters
USA Today
Vermont is the last state in the U.S. to host a Target store.
 Like Reply
25h FA Center: Here’s why taking care of your financial health can have even bigger benefits
Market Watch
Good financial advice can help people work through — and even solve — the sources of their financial stress.
 Like Reply
25h Updated Key Words: Quentin Tarantino admits he ‘knew enough’ about Harvey Weinstein, should have done something
Market Watch
Filmmaker Quentin Tarantino admitted Thursday that he knew about Harvey Weinstein’s alleged sexual misconduct for decades, and now wishes he had done something about it.
 Like Reply
Playboy features model Ines Rau as first transgender Playmate25h Updated Playboy features model Ines Rau as first transgender Playmate
USA Today
Ines Rau, 26, will be the centerfold in the first issue to publish since Playboy's founder Hugh Hefner died in September.
 Like Reply
25h Updated Key Words: Sean Penn rips Netflix over ‘reckless’ El Chapo documentary
Market Watch
Actor Sean Penn is lashing out at Netflix Inc. for its upcoming documentary series about Mexican drug lord Joaquin “El Chapo” Guzman for implying that he tipped his location to the U.S. Justice Department.
 Like Reply
25h Bond Report: Treasury yields jump as Senate passes budget bill, juices risk appetite
Market Watch
Treasury prices tumble early Friday, pushing yields firmly higher, as the Senate passed a budget late Thursday that was seen as a key bridge to reforming the U.S. tax code, delivering a further jolt to appetite for assets perceived as risky on Wall Street and away from the safety of government bonds.
 Like Reply
25h Updated Tim Mullaney: Does this market have another 10% to run?
Market Watch
It’s not farfetched to think the market could go up another 10% by the end of next year, writes Tim Mullaney.
 Like Reply
25h Updated MarketWatch First Take: Atlassian heads toward $10 billion market cap with a story to tell
Market Watch
Nearly two years after its initial public offering, Atlassian Inc. is heading toward a market cap of $10 billion and is unlikely to stop there.
 Like Reply
26h Trump tax reform hopes boost dollar, stocks, bond yields
Reuters
LONDON (Reuters) - European stocks, the dollar and bond yields climbed on Friday as investors speculated that the "Trumpflation trade" could be back in play, after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.
 Like Reply
26h Updated Key Words: Paul Ryan gets in a few Trump burns at Al Smith charity roast
Market Watch
Targeting Trump and Schumer, House Speaker Paul Ryan let the jabs fly at the 72nd annual Alfred E. Smith memorial charity dinner Thursday night.
 Like Reply
26h Updated Is Amazon getting into the pharmacy business? This is what you need to know
Market Watch
The massive online retailer with a reputation for disruption could be coming for the notoriously complex, opaque drug industry.
 Like Reply
26h 3 reasons Express Scripts could be headed for trouble
Market Watch
Threatened by Amazon and having lost its biggest client, Express Scripts stock has dropped nearly 18% in three months.
 Like Reply
26h Futures up after Senate clears a hurdle to tax cuts
Reuters
(Reuters) - U.S. stock index futures edged higher on Friday after the Senate cleared a budget blueprint, taking the Trump administration a step closer to fulfilling its promise of lowering taxes to stimulate growth.
 Like Reply
26h Schlumberger warns of moderating North American activity
Reuters
(Reuters) - Schlumberger Ltd posted a bigger quarterly profit on Friday as its North American business continues to be helped by strong shale drilling, but the oilfield services giant said that investments in the region was moderating.
 Like Reply
26h Updated London Markets: FTSE 100 gains as U.S. budget vote pushes pound lower
Market Watch
U.K. stocks on Friday marched higher, in part courtesy of a sagging pound against the U.S. dollar, with the moves swinging the benchmark FTSE 100 toward a potential weekly rise
 Like Reply
26h Updated Key Words: George W. Bush decries ‘forces pulling us apart’
Market Watch
Like many others of his political leaning, Senator Jim Dabakis found himself in unfamiliar territory on Thursday morning.
 Like Reply
Why your 2018 Social Security check might not grow as much as you'd like27h Why your 2018 Social Security check might not grow as much as you'd like
USA Today
A hidden cost could eat up much of your cost-of-living adjustment next year.
 Like Reply
How to shop smart for Medicare during annual enrollment27h How to shop smart for Medicare during annual enrollment
USA Today
Every year, as sure as the sun rises in the east with mundane regularity, Medicare’s open enrollment period runs from Oct. 15 to Dec. 7.
 Like Reply
27h Market Extra: ‘The Trump trade has been reignited’ — analysts on what the Senate budget vote means for investors
Market Watch
Appetite for riskier assets may have gotten a big boost after the Senate passage a budget blueprint, paving the way for tax reform. Here’s what analysts are saying right now.
 Like Reply
27h Updated Amazon’s second headquarters could be curative or curse for winning city’s real-estate market
Market Watch
The housing market—as it relates to Amazon’s economic reach, its probable boost to demand for diverse housing types and the tension between homeowners sitting on higher home values versus buyers and renters pushed entirely out of the market—must be a major consideration as metro areas march forward in their pursuit to become the e-commerce giant’s second home.
 Like Reply
27h Low pay, no bonus: U.S. retailers struggle with hiring
Reuters
(Reuters) - U.S. retailers are finding it increasingly difficult to hire employees for stores and for middle and higher management as low pay and a feeling of uncertainty clouds the industry following a spate of bankruptcies and store closures.
 Like Reply
27h Futures Movers: Oil selloff continues as traders question OPEC strategy
Market Watch
Oil prices move sharply lower for a second straight day on Friday, as traders worry that the current OPEC-led production cuts won’t be enough to reduce the global supply glut that’s keeping a lid on prices.
 Like Reply
27h Asia Markets: Japan’s Nikkei stretches winning streak; Hong Kong stocks in recovery mode
Market Watch
Early weakness in Japan and New Zealand stocks faded Friday, allowing benchmarks in those countries to narrowly continue their run of wins.
 Like Reply
27h Market Snapshot: Dow, S&P rev up for more records after Senate clears hurdle to tax reform
Market Watch
U.S. stocks were poised to open higher on Friday after news that the Senate has passed a budget for the next fiscal year, which will help pave the way for tax reforms seen as vital to keeping the stock market rally going.
 Like Reply
27h Updated Kobe Steel crisis deepens as plant inspected for breach of industrial law
Reuters
TOKYO (Reuters) - One of Kobe Steel Ltd's copper plants was being inspected for a possible breach of industrial standards, the government said on Friday, while the company said it was investigating reports it continued shipping products after discovering widespread tampering of product data.
 Like Reply
28h Europe Markets: European stocks nudge higher as Volvo rallies
Market Watch
European stocks edged higher Friday, with shares of Swedish truck maker Volvo leaping the most in six months after a bullish earnings report, but Spanish stocks were held back by tensions surrounding the Catalonia region.
 Like Reply
28h Volvo shares hit record as earnings top forecasts on surging truck demand
CNBC
Sweden's AB Volvo reported a bigger-than-expected rise in quarterly core earnings on Friday as stronger demand for heavy trucks more than offset costs stemming from strains on its supply chain.
 Like Reply
28h Mark Hulbert: This tech giant is the No. 1 stock for top newsletter advisers
Market Watch
IBM’s shares are outperforming Apple’s and getting investors’ attention, writes Mark Hulbert.
 Like Reply
28h Metals Stocks: Gold drops to 2-week low, as dollar gains strength on tax reform hopes
Market Watch
The gold selloff resumed on Friday, with the metal falling to a two-week low as the dollar rallied on news that the Republican-controlled Senate passed a budget blueprint.
 Like Reply
29h The Wall Street Journal: Will these new retirement funds catch on?
Market Watch
The latest target-date funds focus on the task of managing a nest egg once retirement has started, including RMDs.
 Like Reply
29h U.S. tax reform move boosts dollar, stocks, bond yields
Reuters
LONDON (Reuters) - European stocks, the dollar and bond yields climbed on Friday as investors speculated on the return of the "Trumpflation trade", after the U.S. Senate approved a budget blueprint that paves the way for tax cuts.
 Like Reply
29h Why you shouldn’t trust the recent gains in oil prices
Market Watch
While a warming of relations between Saudi Arabia and Russia is a positive for crude prices in the long term, but serious risks remain in the short term.
 Like Reply
29h UK business minister travels to Canada for talks on Bombardier deal
Reuters
LONDON (Reuters) - British Business Secretary Greg Clark will hold talks in Canada on Friday to discuss Airbus SE's plans to buy a majority stake in Bombardier's C-Series jetliner program aimed at helping it avoid high U.S. import tariffs.
 Like Reply
End of an era as Hong Kong stock trading floor set to close29h End of an era as Hong Kong stock trading floor set to close
USA Today
The bourse's operator says it will close the trading hall by the end of the month.
 Like Reply
29h Updated Tax Guy: 6 taxes only rich people have to pay
Market Watch
The wealthy pay their fair share — and then some.
 Like Reply
30h The Wall Street Journal: Senate Republicans push through budget proposal, clearing path to tax overhaul
Market Watch
Senate Republicans adopted a budget for the next fiscal year, clearing a critical hurdle in the GOP push to overhaul the tax code
 Like Reply
30h Updated Market Extra: OPEC beware: The rebound in U.S. shale oil production hasn’t peaked yet
Market Watch
The sharp rebound in U.S. shale oil production is showing no signs of tapering off and will likely keep a lid on oil prices in coming years even as OPEC continues to cut production, according to a number of industry experts.
 Like Reply
30h Market Snapshot: Dow, S&P shape up for more records after Senate clears big hurdle to tax reform
Market Watch
U.S. stocks were poised to open higher on Friday after news that the Senate has passed a budget for the next fiscal year, which will help pave the way for tax reforms seen as vital to keeping the stock market rally going.
 Like Reply
30h Updated Singapore Airlines to finalize $13.8 billion Boeing order next week
Reuters
SINGAPORE (Reuters) - Singapore Airlines Ltd said on Friday it will finalize an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week.
 Like Reply
31h Australian car manufacturing ends as GM Holden closes plant
Reuters
SYDNEY (Reuters) - Australia's near 100-year automotive industry ended on Friday as GM Holden Ltd, a unit of U.S. carmaker General Motors Co , closed its plant in South Australia to move manufacturing to cheaper locations.
 Like Reply
31h Asian shares, dollar gain after U.S. Senate passes budget plan
Reuters
TOKYO (Reuters) - Asian shares and the dollar gained on Friday after the U.S. Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support.
 Like Reply
32h Updated Kobe Steel data fabrication continued after misconduct discovered: Nikkei
Reuters
TOKYO (Reuters) - Data fabrication at Kobe Steel Ltd continued at its aluminum and steel unit after an internal investigation discovered the misconduct, the Nikkei newspaper reported on Friday.
 Like Reply
32h Smart devices everywhere could start doing all the shopping and bill paying, firm says
CNBC
The expansion of the Internet of Things means smart devices could start doing the shopping and paying the bills.
 Like Reply
32h There’s a big change coming in Brussels — and it could be crucial for the euro zone
CNBC
The jobs of both the president of the Eurogroup and Euro Working Group will soon be up for grabs as incumbents step down at the end of the year.
 Like Reply
On the top

Date settings

Today is Saturday, October 21, 2017

+ 1 -
+ 1 -
+ 2016 -

Close

By using our website, you agree to the use of cookies as described in our cookie policy.

Accept