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MarketWatch MarketPulseJul 21, 2017
Trump reshuffles legal team, Kasowitz out: reports
President Donald Trump reshuffled his legal team Thursday amid a swarm of potentially damaging news. CNN reported Thursday night that Marc Kasowitz, Trump's longtime personal attorney, would be taking a reduced role related to the investigation led by special counsel Robert Mueller into Russian election meddling and possible collusion with Trump's staff. CBS News went further, reporting that Kasowitz was 'out as @POTUS attorney.' CNN reported that attorney Ty Cobb would take over the lead White House role on the Russia probe, and attorneys John Dowd and Jay Sekolow would be Trump's primary personal outside lawyers. In a related development, Mark Corallo, the spokesman for Trump's legal team, resigned Thursday, according to multiple reports. The shakeup comes as the Washington Post reported Thursday that Trump's legal team was talking to the president about his pardon powers, and was said to be working to undermine Mueller's investigation. In a separate report, the Wall Street Journal reported former Trump campaign manager Paul Manafort was being investigated for possible money laundering related to the Russia probe. Thursday's developments came a day after a revealing interview with the New York Times, in which Trump admitted he had regrets about hiring Attorney General Jeff Sessions and that Sessions' recusal from the Russia probe was 'unfair' to him, accused former FBI Director James Comey of lying, and threatened Mueller not to look into his personal finances.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
Trump, lawyers discussing pardons, ways to undermine Russia probe: report (MarketWatch MarketPulse)
WaPo report: Trump said to ask about pardon power for aides, family, himself - ForexLive (Google Business News)

MarketWatch MarketPulseJul 21, 2017
U.S. stocks open lower, on track for modest weekly gains
U.S. stock-market indexes opened lower on Friday but looked set to book modest weekly gains. Investors focused on earnings results from heavyweights such as General Electric Co. and Honeywell International Inc. The S&P 500 was down by 5 points, or 0.2%, to 2,468. The Dow Jones Industrial Average was off by 50 points, or 0.2%, to 21,558. The Nasdaq Composite index ticked 10 points, or 0.1%, lower to 6,380. Among early movers, GE shares dropped sharply as Chief Executive Jeff Immelt hosted his last post-results conference call, before handing the reins to incoming CEO John Flannery, and gave a downbeat outlook.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
General Electric Stock Dives On Earnings Outlook - Investor's Business Daily (Google Business News)

Google Business NewsJul 21, 2017
GE Tumbles as CFO Sees Earnings Trending to Low End of Forecast - Bloomberg

Bloomberg


General Electric Co. said it's trending toward the bottom end of its profit forecast this year as the manufacturer faces ongoing challenges in the oil and gas market. Shares plunged in premarket trading after the company said it's facing hurdles in the
GE stock skids after earnings report shows 12% drop in yearly revenueCNBC
GE profit falls 59 percent; cash flow up in quarterReuters
General Electric profit falls less than expectedMarketWatch
Investorplace.com -Wall Street Journal (subscription) -Investor's Business Daily -


MarketWatch MarketPulseJul 21, 2017
Newspaper publisher McClatchy Co. reports Q2 loss, but growth in digital business
Newspaper publisher McClatchy Co. reported second-quarter earnings before the market opened on Friday and said digital-only subscribers grew nearly 14% from the previous year's first quarter. The company reported a net loss of $37.4 million, or $4.91 per share for the second quarter, compared with a loss of $14.7 million, or $1.89 per share during the same quarter a year ago. The adjusted loss per share was 79 cents. McClatchy's revenue hit $225.1 million in the quarter, down 7% compared with the prior year. Total advertising revenue revenues were down 11% compared with the same quarter last year, while digital-only advertising revenue grew by 10%. The company said that the rate of decline in total advertising slowed in the quarter. 'As I have mentioned before, achieving a normalized operating environment takes some time in digital transitions,' McClatchy Chief Executive Craig Forman said in a statement. 'While we continue to see strong headwinds in print advertising, we also are seeing our digital efforts in all aspects of the business moderate those headwinds.' McClatchy's average total unique visitors to the company's online products grew close to 15% to 66 million in the quarter. Shares of McClatchy were inactive in morning trade on Friday, but have declined more than 34% in the year to date, while the S&P 500 index have gained more than 10%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatchJul 21, 2017
Europe Markets: European stocks struggle to break grip of stronger euro
European stocks searched for firm direction Friday, with the euro trading at a two-year high against the dollar while corporate earnings results weighed on a string of companies including Philips Lighting NV.

Barron's This Week MagazineJul 21, 2017
Sears' Amazon-Inspired Rally Doesn't Wash
Though Sears surged on news that it would sell Kenmore appliances on Amazon, its stock could still tumble.

MarketWatchJul 21, 2017
Market Snapshot: Stock market's record run set to cool as GE, Colgate-Palmolive report results
A record run for tech stocks is in jeopardy as U.S. stock futures struggle for traction with results rolling in from General Electric Co., and Honeywell International Inc.

RELATED ARTICLES
London Markets: FTSE 100 wobbles, but keeps weekly win in sight (MarketWatch)
General Electric profit falls less than expected - MarketWatch (Google Business News)

MarketWatch MarketPulseJul 21, 2017
Colgate-Palmolive's stock drops after sales miss offsets in-line profit
Shares of Colgate-Palmolive Co. tumbled 3.6% in premarket trade Friday, after the personal care products company matched second-quarter profit expectations but missed on sales. Net profit fell to $524 million, or 59 cents a share, from $600 million, or 67 cents a share, in the same period a year ago. Excluding non-recurring items, earnings per share came to 72 cents, in line with the FactSet consensus of 72 cents. Revenue fell to $3.83 billion from $3.85 billion, below the FactSet consensus of $3.90 billion. Oral, personal and home care revenue slipped to $3.25 billion from $3.27 billion, missing the FactSet consensus of $3.32 billion, while pet nutrition revenue was flat at $572 million and missed expectations of $577 million. 'As we look ahead, uncertainty in global markets and slowing category growth worldwide remain challenging,' said Chief Executive Ian Cook. 'Based on current spot rates, we continue to expect a low-single-digit net sales increase for 2017, and given our slower than expected first half, we are now planning for low-single-digit organic sales growth for 2017.' The stock has gained 10.2% year to date through Thursday, while the SPDR Consumer Staples Select Sector ETF has tacked on 6.3% and the S&P 500 has advanced 10.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



SEC.gov Updates: News DigestJul 21, 2017
24F-2NT - FT 5504 (0001635026) (Filer)


RELATED ARTICLES
24F-2NT - FT 5500 (0001634527) (Filer) (SEC.gov Updates: News Digest)
24F-2NT - FT 5496 (0001634530) (Filer) (SEC.gov Updates: News Digest)

Google Business NewsJul 21, 2017
Exclusive: Baidu, JD.com to join others investing $12 billion in China Unicom - sources - Reuters

Reuters


HONG KONG (Reuters) - Baidu Inc (BIDU.O) and JD.com (JD.O) will join other big Chinese technology firms, including Tencent Holdings (0700.HK), to jointly invest about $12 billion into state-owned mobile carrier China Unicom, two people with direct ...
China announces goal of leadership in artificial intelligence by 2030CBS News
China Is Set on Becoming the World's Leader in AIeMarketer
World dominance in three steps: China sets out road map to lead in artificial intelligence by 2030South China Morning Post
New York Times -WTOP -Bloomberg -


RELATED ARTICLES
China announces goal of leadership in artificial intelligence by 2030 - CBS News (Google Business News)

Reuters Company NewsJul 21, 2017
UPDATE 1-European shares flat as earnings fail to shake euro gloom
* Paysafe surges on 2.86 billion pound bid (Updates with price moves)

RELATED ARTICLES
European shares edge down as euro continues to weigh, earnings in focus (Reuters Company News)
Euro at two-year high, Asian shares barely budge - Reuters (Google Market News)

NYTimes BusinessJul 21, 2017
Wall St. Opens Lower as GE's Weak Earnings Weigh
U.S. stock indexes opened lower on Friday, as industrial heavyweight General Electric's tepid results weighed on investor sentiment.

MarketWatch MarketPulseJul 21, 2017
ECB building in Frankfurt evacuated, affecting 'limited' staff: spokeswoman
A European Central Bank building in Frankfurt was evacuated Friday as a precautionary measure directed by local authorities, a spokeswoman at the central bank said Friday. The directive was made under precaution related to a construction site near the ECB's Japan Center building, the spokeswoman said. A 'limited' number of staff were affected. She was unable to say if the matter was terrorism related.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



RELATED ARTICLES
ECB rate setters see decision on stimulus in October: sources - Reuters (Google Business News)

MarketWatch Breaking NewsJul 21, 2017
GE's stock turns sharply lower after CEO Immelt gives downbeat outlook
GE's stock turns sharply lower after CEO Immelt gives downbeat outlook

FT.com - Financial MarketsJul 21, 2017
European stocks extend losses as euro hits new highs


WSJ MoneyBeatJul 21, 2017
Exxon Fined Over Russia Sanctions Violation—Energy Journal
The U.S. Treasury Department slapped Exxon Mobil Corp. with a $2 million fine for allegedly expanding its business ties with the Kremlin in violation of U.S. sanctions on Russia.

Reuters BusinessJul 21, 2017
Bank of America picks Dublin as EU base after Brexit
LONDON/DUBLIN (Reuters) - Bank of America on Friday became the first Wall Street lender to pick Dublin as its new base for its European Union operations as Britain prepares to leave the bloc.

RELATED ARTICLES
UPDATE 1-Bank of America picks Dublin as EU base after Brexit (Reuters Company News)

MarketWatchJul 21, 2017
Currencies: Euro sits at 2-year high as hawkish view on ECB dominates
The euro strengthened further on Friday, hovering at a two-year high against the dollar even as European Central Bank President Mario Draghi struck a dovish tone about monetary policy during the previous session.

MarketWatchJul 21, 2017
The Wall Street Journal: Exxon sues U.S. over $2 million Russian sanctions fine
Exxon Mobil has filed a complaint in a Texas court, seeking to toss the fine imposed for what the U.S. Treasury Department called a 'reckless disregard' of U.S. sanctions on Russia while Secretary of State Rex Tillerson was CEO.

Google Business NewsJul 21, 2017
Euro surge to two-year high prompts stocks pause - Reuters

Reuters


LONDON (Reuters) - The euro's surge to an almost two-year high dominated financial markets on Friday, with most major stock exchanges consolidating after a second strong week of gains while those in mainland Europe dipped. Investors seem largely to ...
Euro could hit $1.20 by year end as Draghi spurs rally: analysts sayCNBC
Euro sits at 2-year high as hawkish view on ECB dominatesMarketWatch
Euro Rally Shows Few Signs of Stopping as Draghi Appears UnfazedBloomberg
Business Insider -Nasdaq -DailyFX -


Reuters BusinessJul 21, 2017
GE profit falls 59 percent; cash flow up in quarter
(Reuters) - General Electric Co's profit fell nearly 60 percent in the second quarter, largely due to the sale of its appliances business, but cash flow rose, sales topped expectations and its shares were slightly lower.

Reuters BusinessJul 21, 2017
UK sidelined as Europe looks beyond Brexit in aerospace
PARIS (Reuters) - Britain risks losing clout in the aerospace industry, one of its largest skilled employers, due to concerns over its departure from the European Union, a corporate overhaul at Airbus and a new Franco-German push on defense, industry insiders say.

Inc.comJul 21, 2017
Why Elon Musk Spends 80 Percent of His Time on This 1 Activity
Elon Musk doesn't see himself as a business person and instead spends 80% of his time on engineering and design developing next generation products.

NPR Topics: BusinessJul 21, 2017
News Brief: GOP Presses On With Health Bill, NAACP Gathers For Convention
We examine what options Senate Republicans have left if they want to repeal and replace the Affordable Care Act. The country's oldest civil rights organization, the NAACP, is looking for a new leader.

NYTimes BusinessJul 21, 2017
Exxon Mobil Fined for Violating Sanctions on Russia
While Rex W. Tillerson, now the secretary of state, led the energy giant, 'Exxon Mobil demonstrated reckless disregard for U.S. sanctions requirements,' the Treasury Department said.

NYTimes BusinessJul 21, 2017
Siemens Stops Turbine Sales to Russia in Sanctions Dispute
The German company has accused a Russian customer of moving power generation machinery to the disputed territory of Crimea against its wishes.

FT.com - USJul 21, 2017
Goldman Sachs and Morgan Stanley divide Wall Street
Investors have to choose which bank has bet best on future of FICC trading

Google Business NewsJul 21, 2017
Siemens retreats from Russian energy after Crimean scandal - Reuters

Reuters


FRANKFURT/MOSCOW (Reuters) - Germany's Siemens (SIEGn.DE) tried to distance itself from a Crimean sanctions scandal on Friday, halting deliveries of power equipment to Russian state-controlled customers and reviewing supply deals. The industrial ...
Russia to Press Ahead With Crimea Power Plants Despite Siemens Row: RIANew York Times
Siemens to exit Russian power joint ventureBBC News
Siemens halts deliveries to Russian firms over Crimea caseWashington Post
The National -City A.M. -TheStreet.com -


Google Business NewsJul 21, 2017
Stock Futures Under Pressure Even as GE and Microsoft Top Earnings Estimates - TheStreet.com

TheStreet.com


Stock futures were signaling that Wall Street would open lower on Friday, July 21, even as earnings reports continued to surprise to the upside. S&P 500 futures were flat, Dow Jones Industrial Average futures were down 0.1%, and Nasdaq futures fell 0.13%.
Microsoft stock gyrates after earnings beatCNBC
Microsoft Forges Ahead In Cloud -- WSJFox Business
Microsoft Regains Turnaround Momentum on Strong Cloud GrowthBloomberg
Reuters -VentureBeat -Forbes -


MarketWatch MarketPulseJul 21, 2017
Schlumberger earnings top estimates, sees robust North American market in second half
Schlumberger Ltd. shares rose 0.7% premarket Friday, after the energy giant posted second-quarter numbers that beat estimates. The Paris-based company said it had a net loss of $74 million, or 5 cents a share, in the quarter, narrower than the loss of $2.16 billion, or $1.56 a share, posted in the year-earlier period. Adjusted per-share earnings came to 35 cents, ahead of the FactSet consensus of 30 cents. Revenue rose to $7.46 billion from $7.16 billion, also ahead of the FactSet consensus of $7.24 billion. 'Beyond seasonal effects, revenue grew in all of our Groups and Areas,' Chief Executive Paul Kibsgaard said in a statement. The CEO said the outlook for the second half in North America 'remains robust,' but that the company is also seeing positive signs in international market with activity and projects picking up in several markets. Shares are down 21.2% in 2017, while the S&P 500 has gained 10.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Google Market NewsJul 21, 2017
Strong Euro Is Still Spooking European Stock Traders - Bloomberg

Bloomberg


A strong euro still spooks European stock traders, even when Mario Draghi starts talking up the region's economy. That's been the takeaway this week, with the Euro Stoxx 50 Index sliding 0.9 percent as the currency soared to near its highest level
Euro could hit $1.20 by year end as Draghi spurs rally: analysts sayCNBC
Euro at two-year high, Asian shares barely budgeReuters
Stocks waver as earnings and central-bank news dominate attentionLos Angeles Times
Forbes -Nasdaq -Business Insider&nbs


Google Business NewsJul 21, 2017
Microsoft profit beats expectations on strong cloud demand - Reuters

Reuters


SAN FRANCISCO (Reuters) - Microsoft on Thursday reported strong fourth-quarter earnings on the back of its fast-growing cloud computing business, stoking optimism that the once-stagnant company has found a new groove. The results were the clearest ...
Microsoft's cloud business continues to offset weaker operationsVentureBeat
Microsoft beats earnings expectations with $24.7B in revenue as stock reaches all-time highGeekWire
Microsoft's sales of Office 365 beat out traditional Office for first timeSeattle Times
SuperSite for Windows -MarketWatch -


MarketWatchJul 21, 2017
Need to Know: Avoid health-care stocks as D.C. spins its wheels? No, here's a case for buying them
The S&P is staying on track for its third up week in a row, largely shrugging off Russia-related shuffles in Washington and the big strikeout on health care. Today''s call says buy health-care stocks despite the uncertainty.

Entrepreneur.comJul 21, 2017
These 6 Efficiency Tips Will Help You Decide Which Problems to Tackle
Learn to delegate more efficiently and think more clearly about what to do next.

MarketWatch MarketPulseJul 21, 2017
EBay's stock tumbles after results, but analyst says 'buy the pullback'
Shares of EBay Inc. tumbled 5.1% in premarket trade Friday, after the e-commerce company's second-quarter results disappointed investors who were looking for a lot more than just matching analyst estimates. The stock had shot up 9.3% in two weeks to a record close ahead of the results, which were released after Thursday's close. Analyst Shyam Patil at Susquehanna recommended investors 'buy the pullback' as the results show the turnaround is on track and given expectations of an expected growth acceleration in the second half of the year. Patil raised the stock price target to $41 from $40. J.P. Morgan nalyst Doug Anmuth said the results reflect 'improving fundamentals,' and therefore raised his stock price target to $38 from $34, but acknowledged that 'expectations were elevated' given the recent rally. 'Overall, we do not think the bull or bear thesis changes much with this print,' Anmuth wrote in a note to clients. The stock has run up 25.2% year to date through Thursday, while the SPDR Technology Select Sector ETF has climbed 19.0% and the S&P 500 has gained 10.5%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch Breaking NewsJul 21, 2017
Honeywell tops sales and profit estimates, raises full-year sales outlook
Honeywell tops sales and profit estimates, raises full-year sales outlook

FT.com - Financial MarketsJul 21, 2017
Daily briefing: ExxonMobil sues US Treasury, Australia’s upmarket wine, Lucy’s top 10
Bid to stop fine for allegations it behaved with ‘reckless disregard’ for violating Russian sanctions while Rex Tillerson, now US secretary of state, was chief in 2014

The Motley FoolJul 21, 2017
Snap Investors Are Angry. Does CEO Evan Spiegel Care?
Probably not beyond how Snap share prices affect his personal net worth.

RELATED ARTICLES
GE profit slumps; shares in 'limbo' as investors await new CEO's targets (Yahoo Business)

The Motley FoolJul 21, 2017
Better Buy: The Walt Disney Company vs. Mattel
Both companies have been feeling pressure resulting from changing consumer habits. One looks like a compelling opportunity, while the other could be more like the proverbial falling knife.

WSJ US NewsJul 21, 2017
Scaramucci Likely to Be White House Communications Chief
The financier is expected to take the job, which has been vacant since May. Separately, Donald Trump''s personal attorney is likely to take a lesser role on the president''s outside legal team, which is crafting a strategy to deal with Special Counsel Robert Mueller''s probe.

Inc.comJul 21, 2017
Craft a Stronger Elevator Pitch By Asking These 3 Questions
Want to craft a more impressive and memorable elevator pitch? Start by asking yourself these three questions.

RELATED ARTICLES
Want to Be Happier? Answer These 34 Essential Life Audit Questions (Inc.com)

Inc.comJul 21, 2017
What's Better Than Working from Home? Doing It with Unlimited Vacation Time. Here Are the Companies Offering Both
Remote.co, the leading resource for remote work, lists hundreds of remote companies offering work from home jobs with unlimited vacation time.

NYTimes BusinessJul 21, 2017
Trump May Turn to TV Defender for White House Communications Post
Anthony Scaramucci, who successfully rebutted a CNN story about the Trump campaign''s ties to Russia, may lead the White House''s communications strategy.

NYTimes BusinessJul 21, 2017
Audi to Modify Up to 850,000 Diesel Vehicles as Carmakers Face Backlash
The German automaker, along with its rivals Daimler and BMW, is trying to fend off inquiries related to the emissions scandal.

RELATED ARTICLES
German automakers may have colluded over diesel emissions treatment systems: Spiegel - Reuters (Google Business News)

Google Business NewsJul 21, 2017
Legendary Wildcatter Boone Pickens Takes a Texas-Sized Fall - New York Times

Sacramento Bee


T. Boone Pickens, who is suffering from a series of strokes, took a "Texas-sized fall" that put him in the hospital last week. In a posting to LinkedIn, the corporate raider and legendary oilfield wildcatter said that he is still mentally strong but
T. Boone Pickens: 'My health is in decline'ABC10
Energy titan T Boone Pickens says his health is declining, still 'mentally strong'CNBC
The private world of T. Boone Pickens: Get an exclusive look at oil magnate's massive Panhandle ranchDallas News
Tulsa World -MarketWatch -


Reuters Company NewsJul 21, 2017
UPDATE 4-GE profit slumps; shares in 'limbo' as investors await new CEO's targets
* Shares down 4.6 pct in early trading (Adds detail about forecast, bullet points, and updates share price)

Reuters Company NewsJul 21, 2017
UPDATE 1-Arista loses bid to lift import ban in Cisco battle
July 20 (Reuters) - The U.S. government on Thursday dealt Arista Networks Inc a loss in its technology dispute with Cisco Systems Inc and refused to set aside an order blocking importation of some of Arista's network switches.

Dismal.com: AnalysisJul 21, 2017
Economic Briefing: Dollarydoo Down on RBA Jawboning
Spanish exporters are getting a boost from stronger euro zone demand.

Google Business NewsJul 20, 2017
Sears to sell its Kenmore appliances on Amazon - Los Angeles Times

USA TODAY


In the century before there was Amazon.com, it was Sears that was the everything store. With its vast inventory of tools, toys and even firearms, it upended local retailers. With its catalog model and nationwide delivery system, it promised to bring
Amazon's latest assault wipes $12.5 billion off Home Depot, other appliance-seller stocksCNBC
Sears is giving shoppers even fewer reasons to go to its storesWashington Post
Wall Street is questioning if Home Depot is Amazon-proofBusiness Insider
Fortune -The Boston Globe -Chicago Tribune -


Dismal.com: IndicatorsJul 20, 2017
United States: St. Louis Fed Financial Stress Index
The St. Louis Federal Reserve Financial Stress Index decreased last week to -1.51. The S&P 500 increased 1.4%, closing the week at a record high despite uncertainty over the Senate healthcare bill. Meanwhile, the VIX moved sharply lower. The yield on the 10-year Treasury fell 5 basis points.

RELATED ARTICLES
United States: Philadelphia Fed Survey (Dismal.com: Indicators)

Reuters BusinessJul 20, 2017
UAW talking to GM about impact of car sales slump on U.S. jobs
(Reuters) - The president of the United Auto Workers union said on Thursday the union is talking with General Motors Co about the potential threat to plants and jobs from slumping U.S. car sales.

RELATED ARTICLES
UPDATE 1-UAW talking to GM about impact of car sales slump on U.S. jobs (Reuters Company News)

Google Business NewsJul 20, 2017
Exxon Mobil must pay $2 million fine - Press Herald

Press Herald


WASHINGTON — Exxon Mobil Corp. must pay a $2 million fine for showing 'reckless disregard' for U.S. sanctions on Russia while Secretary of State Rex Tillerson was the oil giant's CEO, the Treasury Department said Thursday. Exxon sued the U.S. ...
ENFORCEMENT INFORMATION FOR JULY 20, 2017 Information concerning the civil penalties process ... - Treasury.govTreasury.gov
Treasury Department - Houston ChronicleHouston Chronicle
Rex Tillerson - Houston ChronicleHouston Chronicle



WSJ US NewsJul 20, 2017
GOP Floats Proposal to Ease Medicaid Cuts
Senate Republicans, scrambling to win support for their health-care bill, pushed a measure Thursday that they said could ease the impact of the bill''s Medicaid cuts on low-income people.

Reuters MoneyJul 20, 2017
U.S. taxable bond funds gather most cash since March: Lipper
NEW YORK (Reuters) - U.S. fund investors shifted $7.6 billion to the safe harbor of taxable bonds during the most recent week, Lipper data showed on Thursday, as Republicans efforts to pass major...

RELATED ARTICLES
UPDATE 1-U.S. taxable bond funds gather most cash since March -Lipper (Reuters Company News)

WSJ MoneyBeatJul 20, 2017
WSJ City PM: ECB in the Market ‘for a Long Time', Barnier Calls for Brexit Clarity, BP Considers North Sea Assets
Good afternoon from the WSJ City desks in London. WSJ City is the app that delivers fast, smart news on mobile for London. Download for iPhone or Android. Here''s essential reading on today''s developments. MUST READS FROM WSJ CITY ECB President Mario Draghi said the bank has not discussed withdrawing stimulus and will be ‘in the market for a long time.'' […]

Google Business NewsJul 20, 2017
Corning 'immediately' creating 1000 new jobs in US, CEO says - CNBC

CNBC


Corning plans to "immediately" invest $500 million and create 1,000 new jobs in the United States making a new glass for medical products, CEO Wendell Weeks told CNBC. The initiative is a collaboration with Merck and Pfizer and was announced at a ...
Trump unveils companies' $500 million US drug packaging projectReuters
Remarks by President Trump at Pharmaceutical Glass Packaging Initiative AnnouncementThe White House (blog)
Corning to add 1K jobs, invest $500M as part of 'Made in America' weekFox Business
UPI.com -Daily Mail


RELATED ARTICLES
Corning vows new jobs as part of Trump's 'Made in America' week - CNBC (Google Business News)

Google Business NewsJul 20, 2017
Amazon's latest assault wipes $12.5 billion off Home Depot, other appliance-seller stocks - CNBC

CNBC


Stocks of retailers that sell appliances were hit hard Thursday after Amazon said it would sell Sears' Kenmore-brand appliances. Whirlpool, which makes appliances under the Whirlpool and Maytag brands, was also slammed, but the company also makes ...
Sears is giving shoppers even fewer reasons to go to its storesWashington Post
Sears hops on Alexa bandwagon in move to spruce up appliancesCBS News
Why Sears Soared Today and Best Buy, Lowe's, and Home Depot FellMotley Fool
TechCrunch -MarketWatch -


RELATED ARTICLES
Home Depot's biggest stock price plunge in 17 years shaves $7.5 billion off market cap (MarketWatch MarketPulse)

Google Business NewsJul 20, 2017
Draghi Says Officials 'Aren't There Yet' as ECB Keeps Stimulus - Bloomberg

Bloomberg


Mario Draghi said policy makers are still waiting for inflation to catch up with the economy's recovery, as they put off any discussion on winding back stimulus until after the summer. 'We are finally experiencing a robust recovery where we only have
Draghi's opening statement at the ECB in fullMarketWatch
ECB sends a dovish message but markets don't buy itCNBC
ECB sticks to easy money pledge despite better growthReuters
New York Times -USA TODAY -Washington Post


RELATED ARTICLES
UPDATE 1-CEE MARKETS-Forint hits 8-month high as ECB keeps easy money (Reuters Company News)

Reuters Company NewsJul 20, 2017
LG Chem to provide Apple's iPhone batteries next year -Korea Economic Daily
SEOUL, July 21 (Reuters) - South Korea's LG Chem Ltd is slated to exclusively provide batteries for Apple's iPhone 9 which is likely to be launched next year, a Korean newspaper reported on Friday.

FT.com - Financial MarketsJul 20, 2017
US stocks end mixed as Nasdaq matches longest winning streak since 2015


RELATED ARTICLES
Metals Stocks: Gold marks longest win streak in 2 months as U.S. dollar sinks (MarketWatch)

Yahoo BusinessJul 20, 2017
Arista loses bid to lift import ban in Cisco battle
The U.S. International Trade Commission refused to rescind its May 4th ruling that found Arista's switches infringed two Cisco patents and banned Arista from importing the infringing products into the US. After the ITC released that decision a different agency, the U.S. Patent and Trademark Office, said the two Cisco patents are invalid.


MarketWatch MarketPulseJul 20, 2017
Sessions says he'll remain attorney general as long as appropriate
Attorney General Jeff Sessions said Thursday he loves his job and will continue in it as long as 'appropriate,' a day after President Donald Trump made critical comments about him in an interview. Trump told the New York Times that he would not have appointed Sessions if the president had known he would recuse himself from the Russia investigation.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



Yahoo BusinessJul 19, 2017
United Airlines shares tumble on disappointing 3Q outlook
Shares of United Airlines' parent tumbled Wednesday on the company's weak forecast about revenue trends for the rest of the summer. United said that a revenue measure that often mirrors average fares would ...


FT.com - Financial MarketsJul 14, 2017
Daily briefing: UK acknowledges Brexit bill, Trump celebrates Bastille Day, Gordon Ramsay’s second act
Britain for the first time concedes it will have to pay to leave the European Union
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