Back News Wednesday, September 20, 2017
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Retailers could have a Merry Xmas after a rough year1h 44m Retailers could have a Merry Xmas after a rough year
USA Today
Consultancy Deloitte is forecasting that retail sales — not counting cars and gasoline — will increase 4% to 4.5% from November to January.
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1h 44m More than 1 in 10 college students is a single mom
Market Watch
The share of single moms in college has been growing.
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1h 47m Toshiba selects Bain group as buyer of its memory chip business: sources
Reuters
TOKYO (Reuters) - Japan's Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday, the latest dramatic twist to a highly contentious auction.
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1h 51m Key Words: ABC’s Jimmy Kimmel calls senator a liar, pleads for health care
Market Watch
Late-night host Jimmy Kimmel called out Sen. Bill Cassidy as a liar on Tuesday night, assailing the Republicans’ latest attempt to repeal Obamacare and pleading with Congress to protect Americans’ health insurance.
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1h 56m Airbus opens China A330 plant amid market push
Reuters
TIANJIN (Reuters) - Airbus SE on Wednesday opened its Chinese completion plant for A330 jets, with hopes that an increased presence in the world's fastest growing aviation market would help boost demand for the firm's profitable but ageing wide-body jets.
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2h Updated Uber reviews Asia business over bribery allegations in U.S.: Bloomberg
Reuters
(Reuters) - Uber Technologies Inc [UBER.UL], which is the subject of a federal probe into whether it broke bribery laws, has started a review of its Asia operations and notified U.S. officials about payments made by staff in Indonesia, Bloomberg reported, citing people with knowledge of the matter.
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2h Updated ‘Fear the Walking Dead’ season 3, episode 11: A recap of ‘La Serpiente’
Market Watch
Water and guns emerge as the currencies of a collapsing society.
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2h Exclusive: Toshiba selects Bain group as buyer of its memory chip business - sources
Reuters
TOKYO (Reuters) - Japan's embattled Toshiba Corp has selected a group led by U.S. private equity firm Bain Capital to buy its prized memory chip unit, three people with knowledge of the talks said on Wednesday.
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2h Updated ‘Outlander’ season 3, episode 2: How Claire and Jamie use casual sex to move forward
Market Watch
Still separated by 200 years, the Frasers each attempt intimacy -- with different partners and varying results.
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2h Asia steady after Wall St sets record highs, dollar treads water
Reuters
TOKYO (Reuters) - Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day.
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2h Updated Asia steady after Wall St. notches record highs, dollar holds firm
Reuters
TOKYO (Reuters) - Asian stocks were mostly steady on Wednesday after Wall Street again rose to record highs, although movements were limited as a wait-and-see mood prevailed before the Federal Reserve reveals its monetary policy stance later in the day.
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2h Asia Markets: Asian markets press pause ahead of Fed announcement
Market Watch
Equity trading across Asia was muted early Wednesday on caution before the U.S. Federal Reserve’s policy announcement.
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Southwest Florida's tourism industry still hurting from Irma2h Southwest Florida's tourism industry still hurting from Irma
USA Today
Most tourism-related enterprises hope to be back in business by Oct. 1, if not sooner, in Collier County.
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N.J. firm fined for allegedly scamming NFL vets, 9/11 first responders3h Updated N.J. firm fined for allegedly scamming NFL vets, 9/11 first responders
USA Today
Top Notch Funding and its officials misled borrowers about the cost of loans and how quickly the funds would be available, consumer watchdog alleged
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3h The Wall Street Journal: Nintendo stock scores 9-year-high after Tencent deal
Market Watch
For all its global popularity, Nintendo Co. has had relatively limited business in China. Now, a deal with Tencent Holdings Ltd. has investors excited at the prospect of the Japanese company’s Switch console and smartphone games taking off in one of the world’s biggest game markets.
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3h The Margin: Oops! Amazon glitch sends gift alerts for non-existent babies
Market Watch
Amazon.com Inc. knows a lot about its customers. But it still doesn’t know that you’re pregnant before even you find out.
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Toys R Us store closings expected after the holiday season4h Toys R Us store closings expected after the holiday season
USA Today
The company said it was forced to file for bankruptcy 14 weeks before Christmas because toy vendors had begun to demand cash payments.
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4h Updated T-Mobile US explores takeover of Sprint: source
Reuters
(Reuters) - U.S. wireless carrier T-Mobile US Inc is exploring taking over rival Sprint Corp in an all-stock deal, after SoftBank Group Corp offered to give up its majority ownership of Sprint, a person familiar with the matter said.
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4h The Wall Street Journal: Powerful 7.1-magnitude earthquake strikes Mexico City, killing more than 100
Market Watch
Mexico is rocked by a strong 7.1-magnitude earthquake, the second temblor this month to strike the country.
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5h The New York Post: Trump using campaign funds to pay for legal defense in Russia investigation
Market Watch
President Donald Trump is spending cash donated to his reelection campaign and the Republican National Committee to pay for his lawyers in the criminal probe of Russian interference in the election, a new report said Tuesday.
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Toys R Us bankruptcy may actually reassure toymakers5h Updated Toys R Us bankruptcy may actually reassure toymakers
USA Today
Toys R Us bankruptcy may reassure toymakers
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5h Key Words: $999 iPhone X is ‘a value price,’ Apple’s Tim Cook says, and revenue is not the point
Market Watch
Is the $999 iPhone X too expensive? Apple Chief Executive Tim Cook sure doesn’t think so.
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Fox News seeks dismissal of suit with contributor claims of fake news in Seth Rich case5h Updated Fox News seeks dismissal of suit with contributor claims of fake news in Seth Rich case
USA Today
Fox News is seeking dismissal of a suit by a longtime commentator who alleged the network involving Wikileaks and the death of DNC staffer Seth Rich.
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Why state AGs are targeting drug companies over opioids6h Why state AGs are targeting drug companies over opioids
USA Today
Attorneys general across the country are demanding information from pharmaceutical companies in an ongoing investigation into prescription drug abuse.
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6h Fitbit stock falls after reviews for Ionic smartwatch
Market Watch
Shares of Fitbit Inc. closed down nearly 5% Tuesday after a swath of reviews of its new Ionic smartwatch, many of which said it likely could not compete with the likes of Apple Inc.’s new watch announced this month.
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Grandparents, beware this despicable scam6h Updated Grandparents, beware this despicable scam
USA Today
Don't let your loved ones fall for this scam targeted at the elderly.
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7h Updated Ford to cut production at five North American vehicle plants
Reuters
DETROIT (Reuters) - Ford Motor Co said on Tuesday it plans to idle five North American vehicle assembly plants for a total of 10 weeks to reduce inventories of slow-selling models.
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International Energy Agency: Oil price spike coming in 20207h International Energy Agency: Oil price spike coming in 2020
USA Today
The world could be heading for an oil supply crunch in a few years due to the sharp fall in industry spending.
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Apple iPhone consumers are waiting for iPhone X7h Apple iPhone consumers are waiting for iPhone X
USA Today
Pre-sales of iPhone 8 not as robust as years past
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7h WHO warns the world is running out of antibiotics
Market Watch
Not enough new antibiotics are being developed, which will challenge our ability to treat infections.
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7h The Wall Street Journal: Russia dismisses war-games airstrike near civilians as ‘provocation or personal stupidity’
Market Watch
Russia’s large-scale war games have been lighting up the internet, after video footage emerged that appeared to show a helicopter inadvertently launching rockets toward vehicles parked at a military training range in western Russia.
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7h Updated Cyber attack, hurricane weigh on FedEx quarterly profit
Reuters
(Reuters) - Package delivery company FedEx Corp said on Tuesday a June cyber attack on its Dutch unit slashed $300 million from its quarterly profit, and the company lowered its full-year earnings forecast.
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8h Updated Wall Street edges higher; U.S. Fed meeting in focus
Reuters
(Reuters) - The three major U.S. stock indexes edged higher on Tuesday, logging closing records, with financial stocks providing the biggest boost a day ahead of the Federal Reserve's concluding statement from its two-day policy meeting.
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Walgreens to revise Rite Aid deal8h Updated Walgreens to revise Rite Aid deal
USA Today
Walgreens Boots Alliance is set to revise its agreement to buy some Rite Aid stores to resolve outstanding antitrust concerns, according to Bloomberg. Roselle Chen reports. Video provided by Reuters
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8h The Wall Street Journal: Powerful 7.1-magnitude earthquake strikes Mexico City, killing dozens
Market Watch
Mexico is rocked by a strong 7.1-magnitude earthquake, the second temblor this month to strike the country.
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8h The Wall Street Journal: Ford to cut production at 5 plants as demand slips
Market Watch
Ford Motor Co. said Tuesday it will temporarily idle production lines at five North American plants, including three in the U.S., the latest in a series of moves by U.S. auto makers to cope with slowing vehicle sales and rising industry capacity.
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8h After-hours buzz: BBBY, FDX, & more
CNBC
See which stocks are posting big moves after the bell.
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Best Buy shares down as it offers muted profit goals8h Best Buy shares down as it offers muted profit goals
USA Today
Best Buy also reiterated that it wasn’t slashing costs as much as it did in past years.
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Bed Bath and Beyond shares tumble after worse-than-expected sales8h Bed Bath and Beyond shares tumble after worse-than-expected sales
USA Today
Bed Bath and Beyond reported a same-store sales decrease of 2.6%. Analysts had expected a decrease of 0.7%.
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8h Updated The Tell: ‘Bitcoin is a bubble,’ says the head of the world’s largest hedge fund
Market Watch
The founder of the world’s largest hedge fund says bitcoin and other cryptocurrencies clearly meet the criteria for a market bubble.
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8h Updated The Federal Reserve is peddling ‘Tinker Bell economics’
Market Watch
The Fed is waiting for wages to push up prices, but that’s not about to happen, writes Caroline Baum.
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8h Your Digital Self: These are the horrifying things a nuclear war would do to the planet
Market Watch
The bomb blasts themselves would be devastating, but firestorms and radioactivity would do even more damage, says Jurica Dujmovic.
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8h Updated Your five-point investing guide for this aging bull market
Market Watch
Bull markets take on new personalities as they age, and this one is pushing nine years.
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8h Updated Your state’s finances might look like Puerto Rico’s 10 years from now
Market Watch
Hurricane-struck areas will fare the worst, while underfunded pensions all over the U.S. endanger local governments. By John Mauldin.
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8h NewsWatch: Women’s wages are catching up with those of men in these states…
Market Watch
Some states are doing more than others to equalize the wages men and women earn.
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8h The Ratings Game: Nike downgraded on underperformance in the basketball category
Market Watch
Nike was downgraded on declines in the basketball category, an a slowdown at athletic retailers could continue to be a hurdle.
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8h Veon must face lawsuit over bribery disclosures: U.S. judge
Reuters
NEW YORK (Reuters) - A U.S. judge said Veon Ltd shareholders may pursue much of a lawsuit accusing the multinational phone company once known as VimpelCom of inflating its share price by concealing a bribery scheme in Uzbekistan and overstating its financial controls.
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9h Updated The Fed: Why the bond market isn’t freaking out from the Fed’s shift to quantitative tightening
Market Watch
The bond market has shrugged off signals the Fed is about to start letting securities roll off its massive $4.5 trillion balance sheet but economists say its too soon to say there will not
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9h Updated Massachusetts sues Equifax as hack concerns spread to Canada
Reuters
(Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of up to 143 million people, including 3 million in the state.
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9h The Fed: Hey, Fed boss Janet Yellen, inflation is still low and stocks are soaring — what say you?
Market Watch
Federal Reserve Chairwoman Janet Yellen has some explaining to do: Inflation is still quite tame despite very low unemployment and stocks keep hitting fresh records even though the U.S. economy has shown little improvement.
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9h The Ratings Game: iPhone 8 reviews: Good, but nothing to get too excited about
Market Watch
Apple Inc. recently kicked off pre-orders for its iPhone 8 and iPhone 8 Plus with shipping to start on Friday, but reviews for the smartphone are tepid given that the slight upgrade is getting eclipsed by features touted on the more advanced, and more expensive, iPhone X.
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Toys R Us' post-bankruptcy plan is to make stores 'interactive' play spaces9h Toys R Us' post-bankruptcy plan is to make stores 'interactive' play spaces
USA Today
Toys R Us plans to close some stores and remake others into "interactive spaces," remaking its image after filing for bankruptcy protection.
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9h Market Snapshot: Stock market edges to new round of records as investors await Fed
Market Watch
All three main U.S. stock indexes end at all-time highs on Tuesday, as the Federal Reserve began its two-day policy meeting where they are expected to finalize the details on the unwinding of its $4.5 trillion balance sheet.
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9h Key Words: One crypto bear explains why bitcoin is nothing more than a ‘trading sardine’
Market Watch
Financial Times editor Robin Wigglesworth says he was recently accused of being a “Luddite” reporter who couldn’t possibly understand the “digital magic” of bitcoin because he “shunned hard sciences for the girls at journalism school.”
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9h Updated All the money milestones to hit in every decade of your life
Market Watch
Experts say this is the ideal retirement savings timeline.
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9h FedEx quarterly profit falls
Reuters
(Reuters) - Package delivery company FedEx Corp on Tuesday reported a lower quarterly net profit due to service disruptions following June's Petya cyber attack on its Dutch delivery unit TNT Express and the impact of Hurricane Harvey.
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9h Market Extra: Dollar traders set to search for clues on economy, inflation at Fed meeting
Market Watch
Currency traders, focusing on the U.S. dollar pairs, will likely key in on the Federal Reserve’s comments on U.S. economic growth and inflation, when the central bank concludes its policy gathering Wednesday.
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Target’s brand new home collection launches this week—and we are OBSESSED9h Updated Target’s brand new home collection launches this week—and we are OBSESSED
USA Today
A first look at stylish modernist furnishings that are easy on the wallet.
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9h Bond Report: Treasury yields steady as traders brace for Fed meeting decision
Market Watch
Treasurys were mostly unchanged on Tuesday as traders waited for an important policy-setting gathering of the Federal Reserve which could determine the outlook for government paper for 2018.
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9h Updated What this 1800s film about Sitting Bull says about terrorism in 2017 and the Dakota Access Pipeline
Market Watch
In ‘Woman Walks Ahead,’ Jessica Chastain plays real-life figure Catherine Weldon, who befriended the Native American chief.
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Don't hold your breath for a bigger raise next year: survey9h Updated Don't hold your breath for a bigger raise next year: survey
USA Today
Despite a tight labor market, raises are expected to average 3% next year, up slightly from 2.9% this year, a new survey says
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9h Updated Market Snapshot: How much longer this stock-market bull lasts may depend on Fed’s next move
Market Watch
Wall Street investors have shrugged off recent worries to carve out fresh all-time highs, but the Federal Reserve’s policy meeting this week may provide investors the clearest sign yet about the health of the U.S. economy and how the central bank is construing stubbornly low inflation.
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9h Amazon isn’t the only reason Toys ‘R’ Us filed for bankruptcy
Market Watch
Analysts say that Toys ‘R’ Us may have filed for bankruptcy because the company could see a tough holiday season ahead.
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9h Wall St edges up on financials as Fed eyed
Reuters
NEW YORK (Reuters) - U.S. stocks closed slightly higher on Tuesday but trading was in a narrow range with financial stocks providing the biggest boost ahead of the conclusion of the Federal Reserve's two-day policy meeting.
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9h Capitol Report: Key Republican governors express opposition to Senate healthcare bill
Market Watch
A bipartisan group of governors on Tuesday expressed opposition to a last-ditch Republican effort to repeal and replace most of Obamacare.
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Health benefit offers from small businesses keep vanishing, report says9h Health benefit offers from small businesses keep vanishing, report says
USA Today
Only half of America's smallest businesses now offer health coverage to their workers because many say steady cost hikes have made it too expensive.
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9h Trump Today: Trump Today: President takes ‘America first’ policy to United Nations
Market Watch
President Donald Trump spent a second day in New York at the United Nations, where he said “I will always put America first,” and threatened to “totally destroy” North Korea if it attacks the U.S. or its allies. He also hammered the regimes in Iran and Venezuela.
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Walgreens is taking over some of your Rite Aid locations9h Updated Walgreens is taking over some of your Rite Aid locations
USA Today
Walgreens Boots Alliance agreed to buy about 250 fewer stores from Rite Aid than it had previously planned.
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9h Market Extra: Bitcoin bulls regroup after last week’s selloff
Market Watch
Bitcoin tilts lower on Tuesday, but the No. 1 digital currency was holding well above last week’s nadir, as the asset attempts to claw out of a hole that saw it shed more than a third of its value.
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10h Metals Stocks: Gold slips for third straight session as traders await Fed outcome
Market Watch
Gold prices fall slightly to log third consecutive daily loss as bulls attempt to hold ground a day ahead of the conclusion of the Federal Reserve’s two-day policy meeting.
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10h Millennials lack confidence to invest, Wells Fargo executive says
CNBC
Kristi Mitchem says when it comes to money, millennials are less than confident about the markets.
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10h The Wall Street Journal: Powerful 7.1-magnitude earthquake strikes Mexico City
Market Watch
Mexico is rocked by a strong 7.1-magnitude earthquake, the second temblor this month to strike the country.
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A Foolish Take: What's the matter with inflation?10h A Foolish Take: What's the matter with inflation?
USA Today
Given the current unemployment rate of 4.4%, inflation should be much higher. Why isn't it?
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10h Updated Deep Dive: More than half of these high-yield dividend stocks are on sale
Market Watch
These consistent dividend payers have yields ranging from 5% to 12.5%. By Phil van Doorn.
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10h Updated Deep Dive: Why it pays to take a second look at this year’s worst-performing Dividend Aristocrat stocks
Market Watch
These companies’ shares may have fallen this year, but many are able to keep raising their payouts, says Phil van Doorn.
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10h Updated Deep Dive: These 20 value stocks are disguised as bargain growth stocks
Market Watch
Some companies in the ‘value’ camp are increasing sales rapidly while becoming more profitable, says Phil van Doorn.
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10h Updated Deep Dive: These four fund managers’ secret to success: Don’t go with your gut on stocks
Market Watch
What investors need is ‘second-level thinking’ to avoid making mistakes, writes Phil van Doorn.
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10h Futures Movers: Oil ends lower, pulling back from 7-week high
Market Watch
Oil prices end lower Tuesday, a day after U.S. prices settled at a seven-week high, as traders weigh prospects for an extension to the OPEC-led production cut agreement through next year.
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Laura Ingraham joins Fox News evening lineup10h Laura Ingraham joins Fox News evening lineup
USA Today
Conservative commentator Laura Ingraham is joining Fox News Channel's prime-time lineup with a program that pushes Sean Hannity into a direct competition with MSNBC's Rachel Maddow.
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This smart scale will help you lose weight—and it's on sale for an unreal price10h This smart scale will help you lose weight—and it's on sale for an unreal price
USA Today
This smart scale from Eufy syncs with your phone and health apps, and it can manage a whole family. And right now it's 20% off on Amazon.
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Retail chains filing for bankruptcy protection in 201710h Retail chains filing for bankruptcy protection in 2017
USA Today
Toys R Us has filed for Chapter 11 bankruptcy protection, joining a growing list of companies struggling to navigate a retail landscape.
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10h Wall St. edges up as U.S. Fed meeting is in focus
Reuters
(Reuters) - U.S. stocks were slightly higher on Tuesday, helped by gains in financial, technology and telecom stocks, but indexes traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.
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10h Updated Massachusetts says Equifax hack exposed more than half the state to risk of fraud
CNBC
The state attorney general says Equifax relied on code it should have known was vulnerable.
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10h Updated U.S. watchdog settled for small fine over Wells Fargo phony accounts: report
Reuters
WASHINGTON (Reuters) - A consumer watchdog agency could have levied $10 billion in penalties against Wells Fargo & Co last year for opening unauthorized customer accounts, but settled for a fraction of that to resolve the matter quickly, according to regulatory documents released on Tuesday.
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10h Updated T-Mobile, Sprint in merger talks: CNBC
Reuters
(Reuters) - U.S. wireless carriers T-Mobile US Inc and Sprint Corp are said to be in active merger talks, CNBC reported on Tuesday, citing sources.
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Asking price for Packers' party house? $1 million10h Asking price for Packers' party house? $1 million
USA Today
Fans of the Green Bay Packers are snapping up properties with a view of Lambeau Field for more than double their value.
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Here is how to enable HDR gaming on your Xbox One or PS410h Here is how to enable HDR gaming on your Xbox One or PS4
USA Today
Whether it's the Xbox One or the PlayStation 4, here's how to enable HDR gaming
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10h Mexico stocks fall and then are halted after earthquake shakes buildings in Mexico City
CNBC
Mexican stocks fell Tuesday after reports of a strong earthquake.
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11h The Wall Street Journal: Fiat Chrysler recalls nearly a half-million trucks on fire risk
Market Watch
Fiat Chrysler recalls nearly a half-million Ram pickup and work trucks to fix overheating pumps that could lead to engine fires.
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11h Key Words: Why Berlin and Brussels may not be inclined to make Brexit easier for U.K.
Market Watch
In a column for the Financial Times, Philip Stephens, the Richard von Weizsäcker fellow at the Robert Bosch Academy in Berlin, extends the conventional wisdom about German intellectual rigidity to Article 50 of the Treaty on European Union.
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11h In One Chart: America’s $20 trillion in debt doesn’t seem so alarming after looking at this map
Market Watch
The U.S. officially topped $20 trillion in national debt less week, and, as you might expect, it triggered the kind of finger-pointing you’ve probably grown accustomed to in this divided political environment. But how about some perspective?
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Retail industry has had a miserable 201711h Updated Retail industry has had a miserable 2017
USA Today
A multitude of retailers have filed for bankruptcy this year as the industry continues to struggle. Here are some of the big names.
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The Toys R Us bankruptcy means great holiday deals for toy buyers11h The Toys R Us bankruptcy means great holiday deals for toy buyers
USA Today
As Toys R Us files for bankruptcy, shoppers should prepare for holiday deals
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Toys R Us outlines survival strategy after bankruptcy: stores to get overhaul11h Updated Toys R Us outlines survival strategy after bankruptcy: stores to get overhaul
USA Today
Toys R Us plans to close some stores and remake others into "interactive spaces," remaking its image after filing for bankruptcy protection.
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Toys ‘R’ Us files for bankruptcy but isn't going away11h Toys ‘R’ Us files for bankruptcy but isn't going away
USA Today
Big-box toy store Toys ‘R’ Us says it plans to keep its 1,600 stores and online shop well-stocked despite filing for bankruptcy protection.
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More Hudson Valley homebuyers making all-cash offers11h Updated More Hudson Valley homebuyers making all-cash offers
USA Today
All-cash sales are not a new phenomenon, but lately real estate agents in New York are seeing more of them.
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11h Updated In One Chart: Apple may not be the unstoppable force behind stock-market records it once was
Market Watch
A few weeks ago, CNBC declared last month to be “The August of Apple,” pointing out how the stock had been leading all Dow components as the blue-chip index continued its assault on record highs. What a difference a month makes.
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11h Exclusive: Toshiba flips back towards Western Digital group for chip unit sale - sources
Reuters
TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , people familiar with the deal said.
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11h Private equity, Apple apps and Amazon share blame for Toys ‘R’ Us bankruptcy
Market Watch
Analysts say that Toys ‘R’ Us may have filed for bankruptcy because the company could see a tough holiday season ahead.
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11h Updated Tesla shares fall from record high after warning from analyst
Reuters
SAN FRANCISCO (Reuters) - Shares of Tesla fell from record highs on Tuesday after an analyst warned that the electric car maker may take longer than expected to become profitable.
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12h The Wall Street Journal: Senate intelligence panel postpones meeting with Trump lawyer Cohen
Market Watch
Michael Cohen, a longtime attorney for the Trump Organization, forcefully denied unverified allegations contained in a dossier compiled by a former British intelligence officer about President Donald Trump’s activities and connections in Russia.
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12h Exclusive: Toshiba flips back to favoring Western Digital group for chip unit sale - sources
Reuters
TOKYO (Reuters) - Toshiba Corp is shifting back toward selling its prized semiconductor unit to a group backed by joint venture partner Western Digital Corp , just days after saying it was leaning toward a rival bid including a South Korean chipmaker, people familiar with the deal said in the latest in a series of twists for the critical deal.
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Fox News commentator Hughes alleges network retaliated after her rape accusation12h Updated Fox News commentator Hughes alleges network retaliated after her rape accusation
USA Today
A former Fox News guest analyst has sued Fox and, in the suit, accused Fox Business host Charles Payne of rape.
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12h Updated Market Extra: Bitcoin needs to be worth $1,000,000 to be a legitimate currency
Market Watch
Think bitcoin has been in bubble territory? You ain’t seen nothing yet, as the cryptocurrency needs to surge about 300 times it value over the next several years to be considered a legitimate currency or risk retreating into obscurity and obsolescence, says one industry expert.
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12h Updated Market Extra: Here’s one way to value bitcoin
Market Watch
Friday’s prices action in bitcoin, which jumped about 10% after the digital currency lost a third of its value so far this month, suggests that enough people though it was a good value after the recent correction
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12h The Tell: Euro hits highest level against Swiss franc since Jan. 2015
Market Watch
The euro reached the highest level against the Swiss franc during Tuesday’s session since the Swiss National Bank removed the fixed floor for the currency pair, and it is approaching the 1.20-mark for the first time in more than 2.5 years.
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Nerf guns can cause potentially serious eye injury, doctors warn12h Updated Nerf guns can cause potentially serious eye injury, doctors warn
USA Today
Got a Nerf gun? These doctors say you should consider wearing protective eyewear.
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At 35, a young dad strives to save $4,000 a month12h Updated At 35, a young dad strives to save $4,000 a month
USA Today
Adam Ligman, who works in sales, says the 'extras' can wait, but savings won't.
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Kohl's and Amazon partnership deepens with new returns plan12h Updated Kohl's and Amazon partnership deepens with new returns plan
USA Today
Kohl's will start accepting returns for Amazon at some of its stores in Los Angeles and Chicago starting next month.
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12h Updated Unfinished Business: Why Oil Output May Surprise
The Wall Street Journal
There are signs that the surge in drilling by shale-oil producers has ended, reducing estimates of U.S. oil output and pushing up prices.
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12h The timing may be right for Facebook to enter China next year, analyst predicts
CNBC
Conditions may soon be right for Facebook to break into China, and it is taking strategic steps to do so, Mizuho said.
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12h The Tell: September slump on Wall Street? At least not yet
Market Watch
So much for seasonal weakness. September is shaping up to be a better year for stock benchmarks than usual.
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12h Wall St. edges up on telecom gains; Fed meet in focus
Reuters
(Reuters) - U.S. stocks edged up in early afternoon trading on Tuesday, helped largely by gains in telecom stocks, but traded in a narrow range as investors stayed away from making major bets ahead of the Federal Reserve's policy meeting.
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12h Fiat Chrysler recalls 494,000 pickup trucks for fire risk
Reuters
WASHINGTON (Reuters) - Fiat Chrysler Automobiles NV said Tuesday it will recall 494,000 medium and heavy-duty Ram pickup trucks worldwide because of a water pump that could overheat and potentially cause a fire.
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12h The Tell: Why stock market investors shouldn’t sweat a shrinking Fed balance sheet
Market Watch
Investors worried about the fate of the stock market rally shouldn’t sweat the Fed’s coming unwind of its balance sheet, says Charles Schwab’s top global strategist.
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12h Updated Cancer vaccines, long considered failures, are hot again
Market Watch
Successful sister fields of cancer research have spurred scientists and investors to give cancer vaccines another look.
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5 things every service member needs to consider before buying a house12h 5 things every service member needs to consider before buying a house
USA Today
When buying a home, there are pros and cons. When you’re in the military, there is an extra degree of difficulty: you don’t always have a lot of time to make that choice.
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12h Outside the Box: How to reinvent yourself — and stay happy — as you get older
Market Watch
We have a love-hate relationship with aging, says 88-year-old author.
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Stop sleeping on your gross, old pillow—this memory foam pillow is on sale right now12h Stop sleeping on your gross, old pillow—this memory foam pillow is on sale right now
USA Today
This memory foam pillow features warm and cool sides, and it's less than $30 on Amazon right now.
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Bob Evans Farms sold to Post Holdings for $1.5 billion12h Updated Bob Evans Farms sold to Post Holdings for $1.5 billion
USA Today
Post Holdings has agreed to buy restaurant operator Bob Evans Farms for about $1.5 billion to grow in the packaged food business.
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As Toys R Us files for bankruptcy, shoppers should prepare for holiday deals12h As Toys R Us files for bankruptcy, shoppers should prepare for holiday deals
USA Today
As Toys R Us files for bankruptcy, shoppers should prepare for holiday deals
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13h These exotic flavors could steal pumpkin spice’s spotlight this year...
Market Watch
There’s been a bump in demand for chiles, curries and a slew of international flavors.
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13h Updated Jack Bogle’s advice on stocks proven right again — this time, by science
Market Watch
A new study of our innate human biases reinforces the value of diversification when it comes to stock investing.
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13h US business schools are struggling to recruit international candidates
CNBC
It's getting harder for U.S. business schools to attract international candidates.
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13h The Technical Indicator: Bull trend confirmed, S&P 500 reaches uncharted territory ahead of the Fed
Market Watch
The S&P 500 has reached uncharted territory atop the 2,500 mark, confirming its primary uptrend, writes Michael Ashbaugh..
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13h Updated Europe Markets: European stocks waver as traders brace for Fed policy update
Market Watch
European stocks swung between small gains and losses on Tuesday, with investors staying cautious ahead of this week’s Federal Reserve meeting that will be scrutinized for hints on future U.S. monetary policy.
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13h Updated The Moneyologist: My sister stole my late mother’s clothes — can I get them back?
Market Watch
She believes that any clothes she gave her mother belong to her again.
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13h Updated More bad news for American workers: Pay raises will be dismal next year
Market Watch
Employers are keeping a tight rein on base pay and incentives, despite an improving economy.
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13h Updated London Markets: FTSE 100 gets a lift from supermarket stocks, softer pound
Market Watch
U.K. stocks rose Tuesday, aided by gains for supermarket shares and a pullback from around 15-month highs in the pound against the U.S. dollar.
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13h NewsWatch: Trump threatens to ‘totally destroy’ North Korea, slaps ‘rogue’ Iran in fiery speech to United Nations
Market Watch
Read a recap of President Donald Trump's first address to the United Nations General Assembly, in which he threatened to "totally destroy" North Korea if it threatens the U.S. or its allies. MarketWatch's Robert Schroeder provided live updates.
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13h Massachusetts sues Equifax for not protecting state residents
Reuters
(Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax Inc following a breach that exposed the personal data of as many as 143 million people, including 3 million in the state.
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13h Encore: How does raising children affect retirement risk?
Market Watch
Kids moderately increase the risk of falling short for households in their 50s.
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13h Retailers boost holiday hires in stores to help tackle online sales
Reuters
(Reuters) - Major retailers are looking to stimulate anemic sales by hiring thousands of more workers this holiday season to improve customer service on their sales floors and handle the fast-growing use of their stores to fulfill online orders.
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T-Mobile and Sprint are in active talks about a merger13h T-Mobile and Sprint are in active talks about a merger
USA Today
T-Mobile and Sprint are in active talks about a merger, according to people close to the situation.
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14h Updated Key Words: Bill O’Reilly isn’t exactly contrite in this testy exchange with NBC’s Matt Lauer
Market Watch
The former Fox News host describes his getting bounced from the network to NBC’s Matt Lauer Tuesday morning on “The Today Show” as a “political hit job.”
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14h Why breast cancer patients are in ‘financial crisis’
Market Watch
Many people experience ‘financial toxicity’ during and after treatment.
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14h Updated Bayer says needs more time for Monsanto deal approval
Reuters
MONHEIM, Germany (Reuters) - German drugs and pesticides group Bayer said on Tuesday it was now likely to be early next year before it can complete its $66 billion deal to acquire U.S. group Monsanto , later than previously expected.
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14h The Hidden Obamacare Detail That Could Cost Hospitals Billions
The Wall Street Journal
A seemingly arcane detail of Obamacare could put significant cost pressure on hospital companies and eventually drug and medical device makers.
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14h Wall St. little changed as investors focus on Fed meeting
Reuters
(Reuters) - U.S. stocks were little changed on Tuesday as investors held back from making major bets ahead of the Federal Reserve's policy meeting that is expected to roll out a plan to pare the central bank's debt holdings.
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14h Walgreens gets regulatory nod for slimmed-down Rite Aid deal
Reuters
(Reuters) - U.S. antitrust regulators have allowed a slimmed-down deal for drugstore chain Walgreens Boots Alliance Inc to buy about 42 percent of Rite Aid Corp's U.S. stores for $4.38 billion, Walgreens said on Tuesday.
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U.K. fishermen see Brexit boom, but there's a catch14h U.K. fishermen see Brexit boom, but there's a catch
USA Today
Britain's vote to leave the EU has cast a shadow over the future of Europe's fishermen who fear that the British government could take control of the fish-rich waters around the British Isles.
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14h Massachusetts sues Equifax for failing to protect state residents
Reuters
WASHINGTON (Reuters) - Massachusetts Attorney General Maura Healey filed a lawsuit on Tuesday against credit reporting firm Equifax following a breach that exposed personal data about up to 143 million people, 3 million in Massachusetts.
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14h Updated The harsh truth about economic inequality, based on thousands of years of evidence
Market Watch
Walter Scheidel, a professor of Roman History at Stanford University, in his new book, “The Great Leveler,” says only the so-called “four horsemen” of war, disease, state collapse and revolution have succeeded in leveling income. And as soon as the devastation is over, income inequality builds again.
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14h This airline was ranked No. 1 for elite fliers
Market Watch
A new analysis finds one airline offers flyers $160 more than domestic rivals.
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14h Updated Hurricane Maria upgraded to Category 5 as it smashes into Caribbean
Market Watch
Hurricane Maria barreled toward areas of the Caribbean that were already devastated by Hurricane Irma on Monday, while Hurricane Jose continued to churn northward and was expected to bring heavy rains, strong winds and surf swells to the Northeast.
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14h Futures Movers: Oil struggles for direction after notching multiweek highs
Market Watch
Oil prices struggle for direction Tuesday, a day after U.S. prices settled at a seven-week high, as traders weigh prospects for an extension to the OPEC-led production cut agreement through next year.
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14h Pirelli IPO: Are Expensive Tires Worth It?
The Wall Street Journal
Car tires can be surprisingly glamorous. But investors may be better off waiting before buying into Italian tire-maker Pirelli.
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Norway's massive wealth fund hits $1 trillion in value14h Updated Norway's massive wealth fund hits $1 trillion in value
USA Today
Norway's sovereign wealth fund, the world's largest of its kind, has hit a milestone value of $1 trillion, beating all expectations since its creation.
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14h Market Snapshot: Dow aims for 6th straight record as Fed comes into focus
Market Watch
U.S. stocks rise on Tuesday, with the Dow hitting its latest in a string of records as investors await the start of a two-day meeting of Federal Reserve policy makers.
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14h Key Words: ‘Rocket Man’: Trump introduces UN General Assembly to his Twitter nickname for North Korean leader
Market Watch
President Donald Trump’s United Nations speech will probably be remembered for the line in reference to North Korean leader Kim Jong-un.
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Need an easy, cheap DIY Halloween costume? We've got you covered14h Need an easy, cheap DIY Halloween costume? We've got you covered
USA Today
Halloween costume prices got you spooked? Here are some easy, DIY costume ideas you can create at home.
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14h Key Words: ‘Rocket Man’ — Trump takes nickname for North Korean leader to the United Nations
Market Watch
President Donald Trump’s United Nations speech will probably be remembered for the line in reference to North Korean leader Kim Jong-un.
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15h Alibaba-backed Best Inc cuts expected price range for U.S. IPO
Reuters
(Reuters) - Alibaba Group-backed Chinese logistics firm Best Inc on Tuesday slashed the expected price range of its U.S. initial public offering, one day before its market debut, suggesting tepid investor enthusiasm.
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The 25 highest-paying jobs in America15h The 25 highest-paying jobs in America
USA Today
Students looking to bring home the best pay throughout their careers may want to consider careers in law, medicine or engineering.
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Toys R Us bankruptcy: Should I use my gift card and other questions, answered15h Toys R Us bankruptcy: Should I use my gift card and other questions, answered
USA Today
Will stores be closing? Will my gift card still be accepted? We have the answers.
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15h Metals Stocks: Gold edges up as traders await Fed meeting
Market Watch
Gold prices see modest gains Tuesday after settling at their lowest level in just over three weeks, with stocks sticking to record territory.
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15h Saudi Aramco could disclose accounts early 2018: sources
Reuters
LONDON/DUBAI (Reuters) - Saudi Aramco will be able to release its audited financial accounts in early 2018 if the government decides on a venue for listing the oil giant's IPO and finalizes several reforms this year, three sources said.
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15h Updated Grow: How you can have $1 million by the time you’re 40
Market Watch
These four millionaires all hit the major money milestone before turning the big 4-0. This is how they did it.
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15h The Wall Street Journal: Want to work past retirement age? Here’s the problem with that plan
Market Watch
If working to age 70 or beyond is your strategy for beefing up an undersized nest egg, you could be in for a nasty surprise.
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15h Next Avenue: 3 hard decisions about aging you must make before someone does it for you
Market Watch
As you grow older, if you want to make your own decisions about how to live, you need to be proactive.
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15h Teva shares rise on debt covenant amendments
Market Watch
The generic drugmaker said the changes will give it “greater flexibility.”
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15h Updated NerdWallet: How to protect your intellectual property
Market Watch
If you’re an entrepreneur looking to profit from your invention or artistic work, you should learn to protect it.
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15h Updated NerdWallet: Should you buy out your car lease?
Market Watch
Sometimes buying the car can save you money. Here are 5 times when you might want to stay with old faithful.
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15h Market Extra: Why Nobel-winning economist Robert Shiller isn’t fretting about a market selloff
Market Watch
If you ask a market bear why they’re feeling pessimistic about U.S. stocks, one of the first things they’re likely to mention is the CAPE, a measure of valuation devised by economist Robert Shiller, which is historically elevated levels. But as Shiller himself notes, the measure isn’t great for timing the market.
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15h Updated Need to Know: The overlooked asset class that looks set to dominate over the next 5 years
Market Watch
U.S. investors traditionally have stuck to the home playing field, but some fresh research shows how over the next five years the best bet may not be in U.S. stocks.
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15h Currencies: Dollar weakens as Fed’s rate decision draws closer
Market Watch
The dollar retreated on Tuesday, with traders erring on the side of caution ahead of the Federal Reserve rate decision that could offer clues on future policy and steer direction for the greenback.
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Low returns? 4 ways to earn more interest on your money15h Low returns? 4 ways to earn more interest on your money
USA Today
With a little searching you can earn a much more competitive rate of return. Here’s how.
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Your next worry after the Equifax breach: Fake tax returns15h Your next worry after the Equifax breach: Fake tax returns
USA Today
Tax-related identity theft is one of the IRS "Dirty Dozen" top tax scams. Getting organized now can help you file your return earlier next year.
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15h George Soros hatred is a global sickness
CNBC
For a new generation of nationalists, investor George Soros has become the perfect villain, Financial Times reports.
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15h Market Snapshot: Dow tries for eighth straight daily gain as Fed comes into focus
Market Watch
U.S. stocks rise on Tuesday, with the Dow hitting its latest in a string of records as investors await the start of a two-day meeting of Federal Reserve policy makers.
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15h Your first trade for Tuesday, September 19
CNBC
The "Fast Money" traders share their first moves as the market opens.
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16h Retailers have robust seasonal hiring plans for the holidays despite store closures
Market Watch
Early seasonal hiring announcements indicate that the retail sector’s holiday job market will be stronger than last year, according to Challenger Gray & Christmas, specialists in outplacement and career transitions.
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16h Bond Report: Treasury yields slip as traders brace for Fed meeting
Market Watch
U.S. Treasury yields ticked slightly lower on Tuesday as ahead of the policy-setting gather of the Federal Reserve that is expected to kick off later in the morning, determining the outlook for government paper for the rest of 2018.
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iPhone 8 review: An excellent phone forced to the shadows by iPhone X16h Updated iPhone 8 review: An excellent phone forced to the shadows by iPhone X
USA Today
The iPhone 8 and iPhone 8 Plus are excellent phones. They're just not X.
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16h ‘Kingsman: The Golden Circle’ is a flashy example of the future of Hollywood marketing
Market Watch
The Statesman of Matthew Vaughn’s film, “Kingsman: The Golden Circle,” was created at a cocktail party in London, attended by filmmakers and the family of one of the oldest distilleries in America.
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16h Updated Market Extra: Fed’s balance-sheet unwind will be moment of truth for financial markets
Market Watch
The Federal Reserve is slated to start reducing its $4.5 trillion of government securities when its two-day meeting finishes on Wednesday. It will be the first central bank to attempt to pull away from a legacy of monetary accommodation, ending an era of easy policy that has helped prolong the U.S. economy’s expansion into the third longest in history.
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16h Wall St. opens slightly higher ahead of Fed meet
Reuters
(Reuters) - U.S. stocks opened slightly higher on Tuesday, with the Dow hitting another record, ahead of the two-day Federal Reserve meeting that is expected to roll out a plan to pare the central bank's bond holdings.
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16h How colleges aggressively use big data to target potential students
Market Watch
Inside the sophisticated strategies colleges use to lure applicants.
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16h The Wall Street Journal: Nintendo Switch deal with Tencent paves the way for a China push
Market Watch
For all its global popularity, Nintendo Co. has had relatively limited business in China. Now a deal with Tencent Holdings Ltd. has investors excited at the prospect that Nintendo’s Switch console and smartphone games could take off in one of the world’s biggest game markets.
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16h Economic Report: Cost of imported goods surge in August as fuel costs climb
Market Watch
The cost of imported goods surged in August, but it marked only the second increase in the past six months and half of the gain stemmed from higher oil prices. The import price index jumped 0.6% last month.
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U.S. housing starts fall 0.8%, a second straight monthly drop16h U.S. housing starts fall 0.8%, a second straight monthly drop
USA Today
Homebuilders slowed their pace of construction by a sharp 0.8% in August, the second straight monthly decline.
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16h Updated Market Snapshot: Stock market on track for fresh records as Fed meeting steals focus
Market Watch
U.S. stocks are set to push further into record territory on Tuesday, with futures moving cautiously higher as investors eagerly wait for the Federal Reserve meeting to kick off.
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16h NewsWatch: Here’s strong evidence that stock prices haven’t yet peaked
Market Watch
U.S. market sectors’ recent performance favors the bulls, writes Mark Hulbert.
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Job training: 7 pieces of tough (but loving) career advice16h Job training: 7 pieces of tough (but loving) career advice
USA Today
There’s an awful lot of career advice out there. Some of it is great; some of it is not so great.
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16h The Wall Street Journal: Senate Republicans considering budget allowing for up to $1.5 trillion in tax cuts
Market Watch
Senate Republicans are considering writing a budget that would allow for up to $1.5 trillion in tax cuts over the next decade, said two people familiar with the discussions. Budget talks are continuing and no final decision has been reached yet.
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16h The Fed: What to expect from the Fed’s new dot plot
Market Watch
The Federal Reserve’s dot plot will continue to project the next interest-rate hike will happen in December, economists say.
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16h Sterling jumps to $1.35 after report suggests British Foreign Secretary Boris Johnson may resign
CNBC
The British pound leaped half a cent to $1.35 on a report that British Foreign Secretary Boris Johnson "will resign before the weekend" if Prime Minister Theresa May opposes his demands on Brexit.
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16h Volvo Cars plans U.S. plant expansion, doubling investment: source
Reuters
STOCKHOLM (Reuters) - Volvo Cars is doubling investment in its first U.S. plant under construction to add a second production line at a total cost of $1 billion, a source with knowledge of the plans said, as the carmaker heads for a fourth straight year of record sales.
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16h Updated Activist lifts Clariant stake, aiming to scuttle Huntsman deal
Reuters
ZURICH (Reuters) - The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemicals maker, making it the company's biggest shareholder.
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16h Updated ‘Kingsman’ director Matthew Vaughn helped create a new whiskey with the maker of Jack Daniel’s
Market Watch
The Statesman of Matthew Vaughn’s film, “Kingsman: The Golden Circle,” was created at a cocktail party in London, attended by filmmakers and the family of one of the oldest distilleries in America.
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Toys 'R' Us outlines survival strategy after bankruptcy: stores to get overhaul16h Toys 'R' Us outlines survival strategy after bankruptcy: stores to get overhaul
USA Today
Toys 'R' Us plans to close some stores and remake others into "interactive spaces," remaking its image after filing for bankruptcy protection.
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Toys 'R' Us bankruptcy: What it means for shoppers16h Toys 'R' Us bankruptcy: What it means for shoppers
USA Today
Will stores be closing? Will my gift card still be accepted? We have the answers.
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Toys R Us files for bankruptcy16h Updated Toys R Us files for bankruptcy
USA Today
The move comes on the cusp of the all-important holiday season, a period in which many retailers earn nearly half of their annual revenue.
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How I added four hours of battery life to my smartphone every day for free17h How I added four hours of battery life to my smartphone every day for free
USA Today
If your iPhone or Android can't make it through a day, here's how to test what's constantly draining it.
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17h Capitol Report: House passage of Obamacare repeal wouldn’t be slam dunk | Clinton urges government workers not to quit
Market Watch
Passage of Graham-Cassidy in the House isn’t a slam dunk even if the Senate OKs it; Hillary Clinton urges government workers not to quit; two tax breaks Republicans are eyeing to pay for an overhaul; and more.
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17h Economic Report: Cost of imported goods surge in August led by fuel
Market Watch
The cost of imported goods surged in August, but it marked only the second increase in the past six months and half of the gain stemmed from higher oil prices. The import price index jumped 0.6% last month.
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17h Economic Report: Housing starts dip in August, but permits surge in sign of optimism
Market Watch
Construction on new houses in August fell slightly, but rising permits point to more building in the months ahead, especially for single-family homes. So-called housing starts slipped 0.8% to an annual rate of 1.18 million, but permits jumped 5.7% to 1.3 million.
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17h Updated How Amazon’s stock could rise to $3,000 — or fall to $400
Market Watch
Artificial intelligence will be a big catalyst, though the company’s fast growth will eventually come to an end, says Nigam Arora.
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Pros and cons of the new iPhone 817h Pros and cons of the new iPhone 8
USA Today
AP Deputy Technology Editor Nick Jesdanun describes the pros and cons of the new iPhone 8 that goes on sale this week. (Sept. 19)
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Italy's coffee rivals square off as Starbucks moves in17h Italy's coffee rivals square off as Starbucks moves in
USA Today
Two of Italy's biggest coffee houses are reinforcing their brands with flagship cafes in Milan near the spot where U.S. rival Starbucks is set to begin an invasion next year. Saskia O'Donoghue reports. Video provided by Reuters
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Here's why you should never buy expensive HDMI cables17h Here's why you should never buy expensive HDMI cables
USA Today
We tested HDMI cables from $1 to $100 to see which ones are worth it.
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Insect robot that brings robotics to the amateur17h Insect robot that brings robotics to the amateur
USA Today
Six-legged robot HEXA isn't simply a slightly creepy, over-sized insect that will scare your children. It's a highly adaptable robot open to developers, allowing them to practice programming and coding skills, using simple commands.
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Toys ‘R’ Us files for bankruptcy17h Toys ‘R’ Us files for bankruptcy
USA Today
Toys 'R' Us may file for bankruptcy as early as this week. The toy retailer which has multiple stores around the country has struggled to continue growing its business.
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17h Updated BookWatch: The amazing, untold story of Wall Street’s other trailblazing Hamilton
Market Watch
At a time when most of his fellow black New Yorkers were treated as second-class citizens, or worse, Jeremiah Hamilton made a fortune on Wall Street, through canny knowledge—and skillful, perhaps illegal, manipulation—of the insurance and real-estate markets, as well as through services that are the forerunners to modern-day asset management and hedge funds.
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IEA: Oil price spike coming In 202017h IEA: Oil price spike coming In 2020
USA Today
The world could be heading for an oil supply crunch in a few years due to the sharp fall in industry spending.
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17h Metals Stocks: Gold stalls at three-week low as Fed’s signals on late-year policy awaited
Market Watch
Gold prices teetered in firmer territory early Tuesday after settling at their lowest level in just over three weeks, with stocks sticking to record territory.
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17h Higher prices will actually boost iPhone demand, not hurt it, Morgan Stanley predicts
CNBC
Higher prices for Apple's iPhones won't deter Apple's loyal customers, and likely means bigger earnings.
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17h Futures Movers: Oil resumes climb on talk of extended production cut
Market Watch
Crude-oil futures climb Tuesday morning, buoyed by signals from Iraq’s oil minister that the country could be open to extending OPEC’s production-cut agreement through 2018.
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17h The Ryanair cancellations
The Economist
SOME strategies are too successful. When Ryanair convinced many of its pilots to take less vacation during peak-travel season, it probably thought it was being clever. However, pilots who ferry tourists to holiday destinations need vacations too. Poor planning and a bit of bad luck have left Ryanair with a shortage of working pilots for the autumn. This shortfall has forced the low-cost airline to cancel around 2,100 flights beginning on September 16th and continuing through October. The abrupt cancellation of last weekend’s flights and the short notice provided to customers has left many angry. Ryanair’s woes were caused in part by a change in the way the airline determines employee leave. Previously, Ryanair staff took their vacations over an operational year from April to March. In 2016, under pressure from the Irish Aviation Authority, Ryanair adopted the calendar year instead. As part of the transition, it needed to allow its employees to take the entirety of their vacation time between April and December of this year. That...
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18h Futures slightly higher ahead of Federal Reserve meeting
Reuters
(Reuters) - U.S. stock index futures were slightly higher on Tuesday, ahead of the Federal Reserve's two-day policy meeting, which would give investors clues on the timing of the next U.S. interest rate hike.
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18h Major European nation shuts down ‘fake cryptocurrency’ providers in latest clampdown
CNBC
A Swiss financial watchdog has closed down providers of a “fake” cryptocurrency called E-Coin.
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18h Brexit will lead to net loss for public finances, warns UK think tank
CNBC
Britain's decision to leave the Europe Union may lead to a net fiscal loss for the public finances, says think tank.
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18h Billionaire Ratcliffe seeks British backing for Defender-style 4x4
Reuters
LONDON (Reuters) - An off-roader modeled on Land Rover's classic Defender could be rolling off British production lines if the owner of petrochemicals giant Ineos can win government backing for it.
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18h Airbus looks to China for A380 jumbo amid sluggish global sales
Reuters
BEIJING (Reuters) - Chinese airlines could need between 60 and 100 Airbus A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo.
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Fox News commentator alleges network retaliated after her rape accusation18h Updated Fox News commentator alleges network retaliated after her rape accusation
USA Today
A former Fox News guest analyst has sued Fox and, in the suit, accused Fox Business host Charles Payne of rape.
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18h Updated Toys ‘R’ Us files for chapter 11 bankruptcy
Market Watch
In a statement, the retailer said it intends to use bankruptcy proceedings “to restructure its outstanding debt and establish a sustainable capital structure that will enable it to invest in long-term growth.”
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18h Currencies: Dollar drops as Fed’s rate decision draws closer
Market Watch
The dollar retreated on Tuesday, with traders erring on the side of caution ahead of the Federal Reserve rate decision that could offer clues on future policy and steer direction for the greenback.
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18h Asia Markets: Nikkei surges to 2-year high, but other Asian markets sag
Market Watch
Action was mostly muted across Asia on Tuesday ahead of central-bank meetings in the U.S. and Japan — with the notable exception of Japan, where stocks surged after a holiday Monday.
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19h Tax Guy: What the IRS does on its website that’s unfair to taxpayers
Market Watch
You can’t rely on FAQs and other “unofficial” guidance posted on the IRS website.
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19h Updated Shares tap brakes, dollar reverses as Fed nears
Reuters
LONDON (Reuters) - Record-high world stocks paused on Tuesday and the dollar dipped, as investors waited for signals from the Federal Reserve on when it will start shrinking its balance sheet and nudge up U.S. interest rates again.
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19h Updated Market Extra: Don’t call the German election boring — it could mean a huge shift for the eurozone
Market Watch
The race is on to become Merkel’s junior coalition partner and her choice could determine Germany’s political direction for the next four years, including on issues such as the EU, refugees and social inequality.
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19h Airbus eyes China for A380 jumbo amid sluggish global sales
Reuters
BEIJING (Reuters) - Chinese airlines could need between 60 and 100 of Airbus SE's A380 jets over the next five or so years as passenger traffic grows, the plane maker's China head said on Tuesday, amid rising questions over future demand for the super jumbo.
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19h Updated Alibaba-backed logistics firm Best slashes proposed U.S. IPO: IFR
Reuters
HONG KONG (Reuters) - Chinese logistics firm Best Inc, backed by Alibaba Group Holding Ltd , cut the size of a proposed U.S. initial public offering (IPO) after receiving tepid investor response to its preliminary valuation, IFR reported on Tuesday citing people close to the deal.
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20h Market Snapshot: U.S. stocks aim for fresh records as Fed meeting steals focus
Market Watch
U.S. stocks are set to push further into record territory on Tuesday, with futures moving cautiously higher as investors eagerly wait for the Federal Reserve meeting to kick off.
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20h Updated Key Words: Dominica’s prime minister gives harrowing live updates as Hurricane Maria hits
Market Watch
“The winds are merciless! We shall survive by the grace of God!” wrote Roosevelt Skerrit in a series of Facebook posts.
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20h World’s largest sovereign wealth fund hits $1 trillion for first time
CNBC
Dollar weakness and equity strength have helped the vast nest-egg balloon in size.
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20h Mark Hulbert: Here’s strong evidence that stock prices haven’t yet peaked
Market Watch
U.S. market sectors’ recent performance favors the bulls, writes Mark Hulbert.
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20h Your 5-point investing guide for this aging bull market
Market Watch
Bull markets take on new personalities as they age, and this one is pushing 9 years.
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20h Next Avenue: 3 hard decisions you must make before someone does it for you
Market Watch
As you grow older, if you want to make your own decisions about how to live, you need to be proactive.
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20h How to Make Money on the Chinese Internet
The Wall Street Journal
Activist investor Aristeia Capital shows the way for New York-listed Sina to unlock long-trapped value in subsidiary Weibo.
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21h Europe Markets: European stocks slip as traders wait for Fed rate update
Market Watch
European stock markets trade slightly lower on Tuesday, with investors staying cautious ahead of this week’s Federal Reserve meeting that will be scrutinized for hints on future U.S. monetary policy.
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22h Updated Market Extra: ‘We were wrong’ — HSBC reverses bearish pound view after BOE rate hints
Market Watch
HSBC strategists “admit defeat” after pound rallies on comments from the Bank of England that rates may rise in coming months.
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22h With new operating system, Apple revamps its money-making App Store
Reuters
(Reuters) - Apple Inc's newest operating system for iPhones and iPads introduces changes to its marketplace for third-party software to satisfy app developers and add new so-called augmented reality apps.
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23h Asian shares slip as investors await Fed meeting for rate clues
Reuters
TOKYO (Reuters) - Asian shares slipped on Tuesday, hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy, though sentiment was supported by record highs on Wall Street.
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23h Activist builds 15.1 percent Clariant stake, fights Huntsman deal
Reuters
ZURICH (Reuters) - The activist investor fighting Clariant's planned $20 billion merger with Huntsman Corp has built a 15.1 percent stake in the Swiss chemical maker, making it the company's biggest shareholder.
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23h Toyota president says will continue to make variety of vehicle types
Reuters
TOKYO (Reuters) - Toyota Motor Corp President Akio Toyoda on Tuesday said his company would continue to make a variety of vehicle types available to customers, even as tighter global regulations are prompting automakers to develop more electric vehicles.
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23h Austrian minister says Airbus settlement still possible in lawsuit
Reuters
VIENNA (Reuters) - Austria's defense minister said on Tuesday he stands by his legal complaint against Airbus about allegations of fraud over a $2 billion fighter deal but still considers an eventual out-of-court settlement an option.
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Toys R Us' bankruptcy filing was long in the making24h Updated Toys R Us' bankruptcy filing was long in the making
USA Today
The company that billed itself as "the center of the toy universe" finds itself behind the times in the digital age and challenged by a retail world.
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25h Asian shares waver as investors await Fed meeting for rate clues
Reuters
TOKYO (Reuters) - Asian shares slipped on Tuesday, supported by record highs on Wall Street but hobbled by uncertainty as traders awaited a Federal Reserve meeting for clues on U.S. monetary policy.
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25h Here are the biggest mistakes entrepreneurs make when asking VCs for money
CNBC
Three global VCs share where start-ups go wrong when pitching their ideas.
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