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Uber Hints at Detour With Volvo Deal: For all its technical complexity, Uber is a relatively easy-to-understand business. The company doesn't own physical assets or employ drivers. Patricia
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Google Business NewsNov 22, 2017
AT&T-Time Warner antitrust suit leaves tech firms wary - Washington Post

Washington Post


The nation's technology industry at first glance looked like a winner in the Justice Department's move this week to block AT&T's acquisition of Time Warner. A merged company probably would be a stronger company, allowing it to control, for example
The Justice Department's AT&T-Time Warner merger lawsuit, explainedThe Verge
AT&T Merger Challenge Lands With Judge Who Approved Comcast-NBCBloomberg
Prospect of tougher antitrust regulation worries deal investorsReuters
NBCNews.com -Seeking Alpha -


Google Market NewsNov 22, 2017
Uber Discloses Data Breach, Kept Secret for a Year, Affecting 57 Million Accounts - New York Times

New York Times


SAN FRANCISCO — Uber disclosed Tuesday that hackers had stolen 57 million driver and rider accounts and that the company had kept the data breach secret for more than a year after paying a $100,000 ransom. The deal was arranged by the company's ...
New York Attorney General launches investigation of Uber's $100000 hack cover-upTechCrunch
Uber Paid Hackers to Delete Stolen Data on 57 Million PeopleBloomberg
Uber: We Paid Hackers $100K To Delete Info On 57 Million Users Last YearForbes
Los Angeles Times -Washington Post -The Verge -


NYTimes BusinessNov 22, 2017
Meg Whitman to Step Down as Hewlett Packard Enterprise C.E.O.
After building eBay into an internet giant, Ms. Whitman took over Hewlett-Packard and split the Silicon Valley icon in two, with mixed results.

RELATED ARTICLES
HPE CEO Meg Whitman Reveals Why She's Stepping Down - Fortune (Google Market News)

Google Business NewsNov 22, 2017
MEMO: Meg Whitman tells employees that news of her departure should have come 'as no surprise' - Business Insider

Business Insider


After announcing her decision to resign as Hewlett Packard Enterprise's CEO on February 1, Meg Whitman sent an email to company employees about her departure. In the email, she gave her unequivocal support to Antonio Neri, the 22-year company ...
HPE CEO Meg Whitman Reveals Why She's Stepping DownFortune
Meg Whitman to Step Down as Hewlett Packard Enterprise CEONew York Times
HPE CEO Meg Whitman to step down in 2018 [Updated]Ars Technica
CNBC -NBCNews.com -TheStreet.com 


MSNBC.com: BusinessNov 22, 2017
Meg Whitman stepping down as Hewlett Packard Enterprise CEO
Whitman, one of the highest-profile women in U.S. business and Silicon Valley, said in September that she was committed to the company for the long term.

NYTimes BusinessNov 22, 2017
Will Justice Department's Lawsuit Derail Deal-Making Boom?
Investment bankers are nervous that the effort to block AT&T''s takeover of Time Warner will cool a hot market for mergers and acquisitions.

NYTimes BusinessNov 22, 2017
With Net Neutrality and Antitrust Moves, a Mixed Message from Washington
Loosening rules on internet providers would let big companies charge more for their services. But a suit to block a merger signals a tougher stance against big business.

RELATED ARTICLES
F.C.C. Plans Net Neutrality Repeal in a Victory for Telecoms (NYTimes Business)
FCC Plans Net Neutrality Repeal in a Victory for Telecoms - New York Times (Google Business News)

FT.com - Financial MarketsNov 22, 2017
Yellen describes low US inflation in 2017 as a ‘mystery’
Outgoing Fed chair reaffirms uncertainty over whether bank clearly understands causes

RELATED ARTICLES
Yellen Says It's Dangerous to Allow Inflation to Drift Lower - Bloomberg (Google Business News)

NYTimes BusinessNov 21, 2017
DealBook Briefing: Trump Is Still Not a Fan of AT&T-Time Warner
The business community is buzzing about the F.C.C.''s plan to dismantle net neutrality regulations and the Justice Department''s lawsuit to block AT&T''s bid for Time Warner.

Google Business NewsNov 21, 2017
Trump Barbs on AT&T-Time Warner Deal Could Fuel Company Defense - Bloomberg

Bloomberg


Bloomberg Intelligence's Jennifer Rie discusses the DOJ lawsuit to stop the AT&T-Time Warner deal. President Donald Trump said AT&T Inc.'s merger with Time Warner Inc. would be 'not good for the country' on Tuesday, a statement that could raise further ...
Trump's right to oppose the AT&T Time Warner merger. But it's for the wrong reasons.Washington Post
AT&T, Department of Justice on Course for 'Unprecedented' Legal BattleU.S. News & World Report
Nice Merger You Got There. Shame if Something Happened to It.Slate Magazine
Business Insider -Chicago Tribune -


Google Business NewsNov 21, 2017
Uber covered up a cyberattack last year that exposed data of 57 million riders and drivers - The Verge

The Verge


Uber suffered a large-scale cyberattack in October of 2016 that exposed the confidential data of 57 million customers and drivers, the company disclosed today in a statement following a damning Bloomberg report. Among Uber's faults include not only
Uber CEO says company failed to disclose massive breach in 2016Reuters
Uber concealed cyberattack that exposed 57 million people's dataSFGate
Uber hid a 2016 data breach that affected 57 million peopleRecode
Business Insider -USA TODAY -


RELATED ARTICLES
Uber paid to keep data breach secret after exposing info on 57 million users and drivers: report (MarketWatch MarketPulse)

Forbes HeadlinesNov 21, 2017
Best 'Black Friday' Samsung TV Deals
Highlights include a 75-inch 4K TV for $1899 and a 65-inch 4K TV for $750

USA Today MoneyNov 21, 2017
Tech stocks lift Wall Street to record
Tech stocks lifted the major indexes to record highs Tuesday. As Fred Katayama reports, the S&P 500 bolted past the 2600 mark intraday but closed just below it. Video provided by Reuters        

RELATED ARTICLES
US STOCKS-Tech gains help propel Wall Street to record highs (Reuters Company News)

NYTimes BusinessNov 21, 2017
Tech Gains Help Propel Wall Street to Record Highs
U.S. stocks jumped on Tuesday, pushing all three major indexes to record closing highs, led by gains in this year's top-performing technology sector.

MarketWatch MarketPulseNov 21, 2017
Guess shares tank on lower-than-expected quarterly sales
Shares of Guess Inc. fell 12% late Tuesday after the retailer reported third-quarter sales that missed Wall Street expectations. Guess said it lost $2.9 million, or 4 cents a share, versus earnings of $9.1 million, or 11 cents a share, in the year-ago period. Adjusted for one-time items, Guess earned $10.4 million, or 12 cents a share, compared with $9.6 million, or 11 cents a share a year ago. Sales rose 3.3% to $554 million, compared with $536 million a year ago. Analysts surveyed by FactSet had expected adjusted earnings of 12 cents a share on sales of $564 million. Retail revenue in the Americas fell 11%, offset by increases in Europe and Asia, the company said.

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
Salesforce shares wobbly after earnings beat, mixed outlook (MarketWatch MarketPulse)

MarketWatch MarketPulseNov 21, 2017
U.S. stock indexes all close at records led by technology shares
U.S. stocks closed higher Tuesday after a round of solid corporate earnings. All three benchmark equity indexes hit fresh records. The tech-heavy Nasdaq Composite Index showed the biggest gains, rising 72 points, or 1%, to 6862. The Technology Select Sector SPDR ETF climbed 1%, while Apple shares were up around 1.9%. The Dow Jones Industrial Average rose 161 points to 23591. The S&P 500 was up by 17 points, or 0.7%, to 2599.

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.



Reuters Company NewsNov 21, 2017
UPDATE 2-GameStop posts surprise rise in comparable sales, raises forecast
* Shares rise 7 pct after market (Adds details from conference call, Q3 earnings; Updates shares)

Google Market NewsNov 21, 2017
The Justice Department's AT&T-Time Warner merger lawsuit, explained - The Verge

The Verge


The Justice Department's lawsuit seeking to block the AT&T-Time Warner merger, filed this week, has suddenly scrambled political battle lines and set up a historic legal fight in a quickly unfolding showdown. If approved, the merger would create a new ...
Trump's right to oppose the AT&T Time Warner merger. But it's for the wrong reasons.Washington Post
AT&T Merger Challenge Lands With Judge Who Approved Comcast-NBCBloomberg
Prospect of tougher antitrust regulation worries deal investorsReuters
U.S. News & World Report -Slate Magazine -


MarketWatch MarketPulseNov 21, 2017
NYSE's breadth and volume data suggests investors aren't scrambling to buy stocks
Despite the big, broad rally in the major stock market indexes, breadth readings for the NYSE suggest investors aren't so worried about missing the boat to buy stocks. There are 1,960 stock gaining ground on the NYSE, compared with 925 declining stocks and 146 stock that are unchanged, according to FactSet, which means 64.7% of the stocks traded are rising. But volume of advancing stocks represents just 59.2% of the total volume. That has pushed the NYSE's Arms Index up to 1.434. The Arms Index is a volume-weighted breadth measure, which tends to rise above the equilibrium 1.000 rating when the market falls, as the proportion of volume flowing into declining stocks tends to be higher than the volume flowing into advancing stocks. Basically, Tuesday's Arms reading suggests investors are more worried about missing the opportunity to sell the stocks that are declining than they are about buying stocks that are rising. Meanwhile, the Dow Jones Industrial Average is rallying 165 points, or 0.7% and the S&P 500 is gaining 0.7%, both toward record closes.

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 NewsNov 21, 2017
Signet shares plunge 27 percent after the jewelry retailer slashes its forecast - CNBC

CNBC


Same-store sales, a key metric for retailers, fell 5 percent, compared with an expected drop of 3.3 percent. The jewelry retailer cut its full-year earnings and same-store sales forecasts. Angelica LaVito. Published 1 Hour Ago Updated 47 Mins Ago CNBC.com.
The worst day for mall diamonds in 25 yearsCNNMoney
Signet Jewelers' (SIG) CEO Virginia Drosos on Q3 2018 Results - Earnings Call TranscriptSeeking Alpha
Mid-Afternoon Market Update: Dow Gains 180 Points; DSW Shares Drop On Earnings MissBenzinga
Investor's Business Daily -Crain's Cleveland Business -


Reuters Company NewsNov 21, 2017
EU states resist move on digital tax for tech giants - drafts
BRUSSELS, Nov 21 (Reuters) - Some European Union members are resisting EU plans to raise the tax bill of tech multinationals, EU draft documents seen by Reuters show, in moves that are likely to cause a public outcry after several disclosures of corporate tax avoidance schemes.

MarketWatch MarketPulseNov 21, 2017
UPDATE: Medtronic shares jump 3% premarket after second-quarter profit and sales beats
Medtronic plc said Tuesday it had net income of $2.01 billion, or $1.48 a share, in its fiscal second quarter through Oct. 28, up from $1.12 billion, or 80 cents a share, in the year-earlier period. Adjusted per-share earnings came to $1.07, ahead of the FactSet consensus of 98 cents. Sales fell to $7.05 billion from $7.35 billion, but were also ahead of the FactSet consensus of $6.98 billion. The revenue decline was driven by the company's sale of its Patient care, Deep Vein Thrombosis and Nutritional Insufficiency businesses to Cardinal Health that took place at the beginning of the quarter. Hurricane Maria shaved another $55 million to $65 million off revenue. 'Our second quarter financial results are very encouraging, when considered in the context of a quarter in which we faced three hurricanes and the California wildfires,' chief Executive Omar Ishrak said in a statement. The company reiterated guidance that is based on a comparable, constant currency basis. Shares jumped 3% premarket, and have gained 11% in 2017, while the S&P 500 has gained 15%.

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.



Automotive News Breaking NewsNov 21, 2017
NADA fights to save floorplan interest deduction in Senate tax bill
NADA hopes to whip up grassroots support to block a provision in the U.S. Senate's tax bill that would limit the ability of dealers to write off interest expense on vehicle inventories.

RELATED ARTICLES
Senate Releases Tax Bill Text in ‘Unusually Fast' March to Vote (Yahoo Business)

NYTimes BusinessNov 21, 2017
John Lasseter, a Pixar Founder, Takes Leave After ‘Missteps'
Mr. Lasseter, who oversees all films made by Pixar and Walt Disney Animation Studios, said he would step away from the company for six months.

RELATED ARTICLES
Lasseter takes leave from Disney after ‘mis-steps’ (FT.com - US)
Pixar, Disney Animation head John Lasseter taking leave of absence after claims of misconduct (MarketWatch MarketPulse)

Reuters BusinessNov 21, 2017
Stocks rally on boost from strong global growth, earnings
SYDNEY (Reuters) - Asian shares scaled a fresh decade peak on Wednesday thanks to surging markets in Europe and America, as strong global growth and rising corporate profits lured hordes of investors into equities.

RELATED ARTICLES
Earnings Results: Salesforce earnings top Street estimates but shares back off record after hours (MarketWatch)

Google Business NewsNov 21, 2017
Seven reasons to be suspicious of the DOJ lawsuit to stop AT&T from buying CNN - Chicago Tribune

Chicago Tribune


The Department of Justice is suing to block the $85 billion merger between A&T and Time Warner. (Justin Lane /EPA-EFE/REX/Shutterstock). James HohmannWashington Post. President Donald Trump and his political appointees at the Justice Department ...
DOJ's lawsuit to sink AT&T-Time Warner deal is shortsighted in age of Amazon, NetflixCNBC
Breakingviews - Trump administration scrambles media signalsReuters
AT&T-Time Warner Suit Could Chill M&ATheStreet.com
Miami Herald -Yahoo Finance -Zacks.com


RELATED ARTICLES
KSS enters definitive agreement to buy troubled Takata's assets in $1.588 billion deal (MarketWatch MarketPulse)

MarketWatchNov 21, 2017
Charlie Rose's sophisticated hunt reveals the often unseen, insidious side of sexual harassment
Sexual harassment could range from a text or a compliment to even a look.

SEC.gov Updates: News DigestNov 21, 2017
4 - TAGLICH MICHAEL N (0001024533) (Reporting)


RELATED ARTICLES
4 - Moyer James C (0001308656) (Reporting) (SEC.gov Updates: News Digest)
4 - Burkland Michael (0001604097) (Reporting) (SEC.gov Updates: News Digest)

Google Business NewsNov 21, 2017
Meg Whitman is stepping down from the CEO job at Hewlett Packard Enterprise - Business Insider

Business Insider


Whitman, who joined HPE predecessor Hewlett-Packard in 2011, was recently publicly identified as being in the running for the Uber CEO job. Meg Whitman, the veteran Silicon Valley executive who steered Hewlett Packard Enterprise through its recent ...
Meg Whitman to leave role as CEO of Hewlett Packard Enterprise, shares tumble 6%CNBC
Meg Whitman to Step Down as HPE CEOBloomberg
HPE chief executive Meg Whitman will step down early next yearZDNet
Fortune -The Mercury News -The


NYTimes BusinessNov 21, 2017
Charlie Rose Ousted by CBS and PBS After Harassment Allegations
David Rhodes, the president of CBS News, notes allegations of 'extremely disturbing and intolerable behavior.' Bloomberg also cuts ties with the host.

RELATED ARTICLES
UPDATE 7-U.S. TV networks fire Charlie Rose after sex harassment allegations (Reuters Company News)

Google Business NewsNov 21, 2017
Yellen speaks at NYU in one of last appearances as Fed chair - CNBC

CBS News


[The stream is slated to start at 6 p.m. ET. Please refresh the page if you do not see a player above at that time.] Janet Yellen, the Federal Reserve chair, will speak Tuesday evening at New York University's Stern School in one of the last
The Economic Yield Curve Is the One to WatchBloomberg
Yellen earns 'I' for 'incomplete' on final Fed report cardThe Hill
Yellen Will Leave Federal Reserve Next YearNew York Times
Politico -Forbes -Business Insider -


MarketWatchNov 21, 2017
The Wall Street Journal: North Korea crossed border to chase, shoot at defector, U.S. says
North Korea violated the armistice that ended the Korean War when its border guards, while pursuing a soldier who was defecting to the South last week, crossed the line separating the two Koreas and fired across the frontier, a U.S.-led investigation found.

MarketWatchNov 21, 2017
Market Extra: History suggests the stock market is poised for a big turkey bump
Perhaps investors are feeling too complacent to hit the sell button around the holidays but November, and in particular the Thanksgiving week, have been traditionally good to investors.

RELATED ARTICLES
GLOBAL MARKETS-Stocks rally on boost from strong global growth, earnings (Reuters Company News)

MarketWatchNov 21, 2017
Encore: Yellen says inflation below 2% goal poses one of Fed's ‘biggest challenges'
As Federal Reserve Chairwoman Janet Yellen's tenure nears its end, she said one of the biggest challenges to the central bank remained inflation staying below 2%

FT.com - USNov 21, 2017
Charlie Rose fired on sexual harassment claims
CBS News acts over allegations against 75-year-old broadcast journalist 

RELATED ARTICLES
CBS News fires journalist Charlie Rose following sexual harassment accusations (MarketWatch MarketPulse)

MarketWatchNov 21, 2017
Market Extra: Goldman: ‘Rational exuberance' to drive stock market in 2018
The meteoric rise of stock prices in the late 1990s is now widely considered to be the result of irrational exuberance among investors, but the current stock market rally is nothing like that, according to Goldman Sachs analysts

MarketWatchNov 21, 2017
Currencies: Dollar weakness sticks, as trading thins ahead of Thanksgiving
The U.S. dollar held its losses against major rivals on Tuesday, as themes in G-10 currencies were hard to come by ahead of Thursday's Thanksgiving holiday.

RELATED ARTICLES
10 tech gadgets that will make Thanksgiving travel easier (USA Today Money)
Thanksgiving travel AAA: U.S. weekend to be busiest since 2005, report forecasts (USA Today Money)

Reuters Company NewsNov 21, 2017
RPT-COLUMN-Euro political risk creeps back on markets' radar as German talks fail: McGeever
LONDON, Nov 20 (Reuters) - In an ironic twist for world markets, the collapse of German government coalition talks has suddenly revived the spectre of European political risk that appeared to have been laid to rest with the election of France's Emmanuel Macron in May.

NYTimes BusinessNov 21, 2017
Breakingviews: Trump Administration Scrambles Its Media Signals
Moves by the Justice Department to block AT&T''s merger with Time Warner and by the F.C.C. to dismantle net neutrality rules make for a blurry regulatory picture.

Forbes HeadlinesNov 21, 2017
Amazon 'Cyber Monday' 2017 Deals Preview: Best Sales To Expect On Echo, Fire, Kindle, HDTVs
Amazon Black Friday deals may be surpassed by Amazon Cyber Monday. Here are the biggest Echo, Echo Dot, Kindle and Fire sales...

RELATED ARTICLES
Apple Vs Samsung 'Black Friday' 2017: iPad, iPhone, Galaxy S8, Galaxy Note 8, HDTV Deals (Forbes Headlines)

Forbes HeadlinesNov 21, 2017
Disney, John Lasseter, "Coco," And The Art Of The Artful Cover-Up
On the eve of the studio's release of its new animated tent-pole ‘Coco,' Disney does its best to spin animation chief Lasseter's resignation over "unwanted contact" with employees.

Washington Post BusinessNov 21, 2017
Disney animation guru John Lasseter takes leave after sexual misconduct allegations
The creative giant behind 'Toy Story' and 'Finding Nemo,' who is taking a six-month sabbatical after 'missteps,' said in a staff memo that he had made some employees 'feel disrespected or uncomfortable.'

MarketWatch MarketPulseNov 21, 2017
ViiV Healthcare says FDA has approved its two-drug HIV regimen, in first such instance
ViiV Healthcare, which is majority-owned by GlaxoSmithKline and has Pfizer Inc. and Shionogi as shareholders, said on Tuesday that the Food and Drug Administration has approved its two-drug HIV regimen. The therapy, Juluca, is the first such HIV drug composed of just two drugs -- dolutegravir and rilpivirine, both of which have been previously approved -- while other HIV regimens are typically composed of at least three drugs. This advancement could make the regimen more tolerable for the patient, according to Dr. Debra Birnkrant, director of the Division of Antiviral Products in the FDA's Center for Drug Evaluation and Research. Juluca is approved for individuals with HIV-1 who have been stable on a regimen for at least half a year, have no history of treatment failure and no known resistance to Juluca's individual components, ViiV said. GlaxoSmithKline shares declined 0.8% in Tuesday trade; shares have dropped nearly 10% over the last three months, compared with a 7% rise in the S&P 500 and a nearly 8% rise in the Dow Jones Industrial Average .

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.



CNN/MoneyNov 21, 2017
Trump administration sends mixed messages on big media
Two of President Trump's agencies are sending mixed messages about the regulation of media and telecommunications companies.

RELATED ARTICLES
Has the DOJ Become Trump's Personal Hitman For Media? (Forbes Headlines)

MarketWatchNov 21, 2017
Amazon wants to disrupt the neighborhood pharmacy—but its sketchy health products could get in the way
The online retailer sells supplements making grandiose health claims and at least one medical device without government oversight.

RELATED ARTICLES
Tech, healthcare stocks lift Wall Street to record (Reuters Business)

Google Market NewsNov 21, 2017
Uber Paid Hackers to Delete Stolen Data on 57 Million People - Bloomberg

Bloomberg


Hackers stole the personal data of 57 million customers and drivers from Uber Technologies Inc., a massive breach that the company concealed for more than a year. This week, the ride-hailing company ousted Joe Sullivan, chief security officer, and one
Uber covered up a cyberattack last year that exposed data of 57 million riders and driversThe Verge
Uber hid a 2016 data breach that affected 57 million peopleRecode
Uber paid hackers $100000 to hide year-old breach of 57 million users: reportUSA TODAY
Forbes -Business Insider -


MarketWatch Breaking NewsNov 21, 2017
What you need to know about Thanksgiving market closures and other details
What you need to know about Thanksgiving market closures and other details

CNN/MoneyNov 21, 2017
Uber was hacked in 2016, and data on 57 million people was exposed
Hackers accessed millions of Uber users' personal information last year, and the company did not report it until Tuesday.

Reuters BusinessNov 21, 2017
U.S. FCC chief plans to dump Obama-era 'net neutrality' policy
WASHINGTON (Reuters) - The head of the U.S. Federal Communications Commission unveiled plans on Tuesday to scrap landmark 2015 rules intended to ensure a free and open internet, moving to give broadband service providers sweeping power over what content consumers can access.

RELATED ARTICLES
UPDATE 2-U.S. FCC chief plans to dump Obama-era 'net neutrality' policy (Reuters Company News)

The Motley FoolNov 21, 2017
What Investors Need to Know About High-Yield Stocks
Too many income investors want to focus primarily on dividend yield when it comes to equities. There's a lot more to consider.

Reuters Company NewsNov 21, 2017
RPT-UPDATE 2-U.S. FCC chief plans to ditch U.S. 'net neutrality' rules
* Google and Facebook had urged FCC to keep the rules (Adds Netflix, Comcast New York Attorney General, no immediate White House comment)

FT.com - Financial MarketsNov 20, 2017
Euro volatile after failure of German coalition talks
Bunds little moved while Xetra Dax rallies

RELATED ARTICLES
Merkel Weighs New Vote After Collapse of Coalition Talks (WSJ Europe)
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