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 This year's holiday season could be tighter for many Americans if the U.S. government imposes tariffs on another $300 billion worth of Chinese imports - because that will include tech products, game consoles, toys, cribs, ornaments and Santa hats.
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NBC News and the Associated Press are all over it.
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 Gold held steady in early Asian trade on
Tuesday as investors awaited the start of a two-day monetary
policy meeting of the U.S. Federal Reserve for clues on interest
rates.
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More than 300 people plan to testify in Washington about the impact on companies, workers and the American consumer.
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Companies say more tariffs would hurt businesses and consumers, but many have become resigned to the idea that president will do what he wants.
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Patrick Drahi's acquisition of the auction house, which has recently struggled to turn a profit, will return it to private ownership after 31 years of being publicly traded.
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French billionaire Patrick Drahi is buying Sotheby's for $2.7 billion, ending the storied auction house's 31-year run as a public company as it seeks to expand its digital business.
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The US military is building a case against Iran with clearer images from the latest tanker attacks Business InsiderPentagon approves sending 1,000 more troops to Mideast as US releases new photos of tanker attack linked to... Fox NewsU.S. will release photos to persuade skeptical allies Iran is behind oil tanker attack CBS This MorningTrump Might Not Want War With Iran. Without Diplomacy He Will Get One. The New York TimesPentagon claims new photos show Iran responsible for tanker attacks POLITICOView full coverage on Google News
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 Amazon committed to pay a $15 minimum wage to all of its employees, starting in 2018.
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Consumer inertia is the tendency of some customers to buy a product, even when superior options exist. Alexander J. MacKay discusses how that habit affects competitive strategy and even regulatory oversight.
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The technical problems at Target stores over the weekend illustrate the challenge of unifying a large retailer's technology infrastructure with its bricks-and-mortar presence and underscore the importance of having trusted vendors and backup plans.
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Franco-Israeli cable magnate Patrick Drahi made a surprise move into the art world by snapping up Sotheby's in a deal worth $3.7 billion, marking the art auction house's return to private ownership after 31 years.
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 Adaptive Biotechnologies Corp. set terms for its initial public offering Monday, in which the developer of immune-system derived disease treatments is expected to raise up to $212.5 million and be valued at about $2.01 billion. The Seattle-based company is offering 12.5 million shares in the IPO, which is expected to price between $15 and $17 a share. If the underwriters, led by Goldman Sachs, J.P. Morgan and BofA Merrill Lynch, exercise all options to buy 1.875 million additional shares, the company could raise up to $244.4 million and be valued at up to $2.05 billion. The stock is expected to list on the Nasdaq under the ticker symbol "ADPT." The underwriters are led by Goldman Sachs, Citigroup and Wells Fargo Securities. After the IPO, the company will have about 118.5 million shares outstanding. The company recorded a net loss of $46.3 million on revenue of $55.7 million in 2018, after a loss of $42.5 million on $38.4 million in revenue in 2017. The company is looking to go public at a time that the iShares Nasdaq Biotechnology ETF has gained 10% year to date and the S&P 500 has advanced 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.
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Patrick Drahi, the billionaire behind telecoms and media group Altice, agreed on Monday to buy Sotheby's in a deal worth $3.7 billion, marking the storied art auction house's return to private ownership after 31 years.
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The deal would bring together a booming aerospace company with a giant government defense contractor.
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J.J. Abrams' Bad Robot may sign an exclusive deal with AT&T for $500 million The VergeJ.J. Abrams Bidding War Won by WarnerMedia as Bad Robot Nears $500M Partnership Hollywood ReporterJ.J. Abrams' Production Company Is In Negotiations With WarnerMedia Wochit BusinessWarnerMedia Closing In On JJ Abrams Megadeal DeadlineApple loses bidding war for J. J. Abrams' production studio EngadgetView full coverage on Google News
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Eleven banks that lend to shipping lines on Monday said climate impact will be integrated into the criteria that determines how much they can borrow.
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Chipping away at investor indifference, one report at a time
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These are the most common bank fees that many banks charge to cover the costs of maintaining their bank accounts.
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BridgeBio Pharma Inc. disclosed Monday that it set terms for its initial public offering, in which the drug discovery company to treat genetic diseases is expected to raise up to $240 million and be valued at about $1.84 billion. The Palo Alto, Calif.-based company is offering 15 million shares in the IPO, which is expected to price between $14 and $16 a share. If the underwriters, led by J.P. Morgan, Goldman Sachs, Jefferies, SVB Leerink and KKR, exercise all options to buy additional shares, BridgeBio could raise up to $276.0 million and be valued at up to $1.88 billion. The stock is expected to list on the Nasdaq under the ticker symbol "BBIO." After the IPO, the company will have about 115 million shares outstanding. The company recorded a net loss of $144.0 million in 2018, after a loss of $36.2 million in 2017. The company is looking to go public at a time that the Renaissance IPO ETF has gained 35.6% year to date and the S&P 500 has advanced 15.5%.
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.
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With graduations fast approaching, a new crop of technology job candidates is preparing to enter the market. Their prospects look good.
Tech-related employment grew in the Chicago area by almost 6,000 jobs last year.
And if employment postings are any indication, there is also optimism around future...
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Boeing Co raised its rolling 20-year industry forecast for passenger aircraft by 3% on Monday, fueled by strong air traffic predictions, though global geopolitical and economic risks could upset the rosy outlook.
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Boeing's CFO said the company would rebrand the notorious 737 MAX aircraft if means getting it back in the air, a tactic promoted by Pres. Trump. Then the company backed off the idea.
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US-Iran move closer to a flashpoint as tensions spike Fox NewsIran Threatens to Exceed Some Limits of Nuclear Deal, and Trump Orders Deployment of 1,000 More Troops The New York TimesUS sending 1,000 additional troops to Middle East amid Iran tensions CNNTrump is seen as all bluff and no policy on Iran The Washington PostIran, Europe and Trump The Wall Street JournalView full coverage on Google News
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 All three broadcast networks that have unveiled their fall premiere dates so far have chosen to premiere almost all of their shows in a one-week period rather than staggering those rollouts throughout September, October and November. That includes The CW, which locked in its fall debuts this afternoon. That network will premiere every one of...
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Boeing records zero new plane orders as Paris Air Show starts slow CNBCBoeing's 737 Max Could Take To The Skies Again | TIME TIMEAirbus Wins Major 100-Plane Order Over Boeing BloombergHandling of 737 Max Warning Light Was a ‘Mistake,' Boeing C.E.O. Says The New York TimesAirbus unveils new jet at Paris airshow and $15bn worth of orders The GuardianView full coverage on Google News
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 Treasury yields are mixed on Monday ahead of meetings this week for the Federal Reserve, the European Central Bank and the Bank of Japan
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 CBS won't be the only broadcaster this fall to roll out almost its entire schedule during the first week of the 2019-20 season. NBC today unveiled its fall premiere dates, and much like CBS, which announced its fall debuts last week, almost all of its shows will air the week of Sept. 23, as the...
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A gauge of global stock markets edged higher on Monday to build on monthly gains and benchmark government bond yields hovered near multi-year lows as investors girded for developments later in the week from central banks in the United States and elsewhere.
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 Deaths among pedestrians and bicyclists increased after declines in 2017, according to NHTSA. The agency has been investigating the role of distracted drivers in overall U.S. traffic death figures but has found challenges in getting an accurate picture of all distracted crashes because of the unwillingness of individuals to acknowledge they were distracted.
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What is it that makes spending hours surfing social media a behavior to be corrected, while spending hours streaming movies is a behavior to be encouraged and something that has risen to pop culture phenomenon?
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US sending 1,000 additional troops to Middle East amid Iran tensions CNNIran Threatens to Exceed Some Limits of Nuclear Deal, and Trump Orders Deployment of 1,000 More Troops The New York TimesIran threatens to violate nuclear deal Fox NewsTrump is seen as all bluff and no policy on Iran The Washington PostIran, Europe and Trump The Wall Street JournalView full coverage on Google News
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More info out over deaths in Dominican Republic, like man foaming at mouth New York Post Another American tourist died in her hotel room in the Dominican Republic, resort says CNNNew Jersey man becomes latest American tourist to die at a Dominican Republic resort NBC NewsSenior trip to Dominican Republic descends into disaster after group falls ill New York Post Dozens of 'Parrotheads' reportedly sickened during trip to Dominican Republic Fox NewsView full coverage on Google News
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U.S. regional bank Prosperity Bancshares
Inc said on Monday it would buy Plano, Texas-based peer
LegacyTexas Financial Group Inc for $2.1 billion,
creating the second-biggest bank by deposits in the state.
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Pentagon cites ‘hostile behaviour by Iranian forces' as it deploys additional troops to region
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 Cannes Lions International Festival of Creativity is advertising's flagship event, with the official attendee numbers suggesting that 16,000 of the great and the good from the industry make the annual pilgrimage to the chic resort. Per travel data firm Adara, U.S. travelers from New York and San Francisco will be some of the most well-represented...
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Senior trip to Dominican Republic descends into disaster after group falls ill New York Post The recent Deer Creek High School graduates flew on June 8 to the embattled Hard Rock Hotel & Casino in Punta Cana, where at least two Americans have ...
View full coverage on Google News
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Wall Street edged higher on Monday, supported by Facebook, Amazon and Apple, as investors awaited a key Federal Reserve meeting that is expected to lay the groundwork for an interest rate cut later this year.
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American Airlines Group Inc
is edging toward a deal with Airbus to buy up
to 50 newly launched A321XLR extended-range narrow-body
aircraft, including some converted from existing orders of other
models, people familiar with the matter said.
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For most Americans, robocalls are a nuisance. For hospitals, spam calls can be a life-or-death threat in a setting where every second counts.
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The big drugmaker is spending more than $11 billion for the cancer-drug specialist.
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Blockchain company Ripple announced an investment in and partnership with MoneyGram International Inc. Monday afternoon, sending MoneyGram shares soaring more than 100%. Ripple, which is known for its XRP cryptocurrency and blockchain technology, agreed to purchase $30 million worth of freshly created MoneyGram shares at $4.10 apiece, and can purchase another $20 million more at its discretion at a minimum of $4.10. MoneyGram shares closed Monday at $1.45, but exploded higher after the announcement, recently topping $3 in after-hours trading. The cost of an XRP coin jumped more than 5% immediately after the announcement. MoneyGram will use Ripple's XRP technology to handle cross-border transfers of digital funds for at least two years under the deal. "Through this strategic partnership, MoneyGram will be able to settle key currencies and match the timing of funding with its settlement requirements, reducing operating costs, working capital needs and improving earnings and free cash flow," MoneyGram said in the announcement.
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.
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U.S. stocks eked out modest to slight gains on Monday, powered by a climb in shares of technology-related and communication services shares. The Dow Jones Industrial Average closed up 0.1% at 26,112, picking up 23 points, the S&P 500 index rose 0.1% to 2,890, while the Nasdaq Composite Index advanced 0.6% to 7,845. The gains came as a gauge of manufacturing activity in the New York area, the Empire State manufacturing index, plummeted 26.4 points to negative 8.6 in June, a record decline. Economists had expected a reading of positive 10, according to a survey by Econoday. The weak survey data come as the Federal Reserve commences its two-day policy meeting Tuesday, where the central bank may indicate its willigness to reduce benchmark borrowing costs amid fears of the fallout from global trade tensions and a slowdown in the economy. In corporate news, shares of Facebook Inc. gained as interest grew around its reported cryptocurrency offering, Libra coin, set to debut on Tuesday.
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.
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 CANNES, France--It was widely considered a front-runner heading into the Cannes Lions, and Nike's "Dream Crazy" campaign featuring Colin Kaepernick did not take long to prove those predictions right. In the first batch of honors announced at Cannes, Nike and Wieden Kennedy won the Outdoor Grand Prix. Calling the ad "one of the most...
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* Sotheby's was founded in London in 1744
(Recasts story, adds background)
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Karuna Therapeutics Inc. set terms Monday for its initial public offering, in which the biopharmaceutical company developing treatments for neuropsychiatric conditions is expected to raise up to $74.4 million and be valued at about $363.3 million. The company is offering 4.375 million shares in the IPO, which is expected to price between $15 and $17 a share. The stock is expected to list on the Nasdaq under the ticker symbol "KRTX." The company said some existing shareholders and directors have expressed interest in buying up to a combined $30 million of shares at the IPO price. The underwriters are led by Goldman Sachs, Citigroup and Wells Fargo Securities. After the IPO, the company will have about 21.4 million shares outstanding. The company recorded a net loss of $17.5 million on no revenue in 2018, after a loss of $6.0 million on no revenue a year ago. The company is looking to go public at a time that the iShares Nasdaq Biotechnology ETF has lost 7.2% over the past three months, while the Renaissance IPO ETF has gained 3.2% and the S&P 500 has gained 2.5%.
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.
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Names on the move ahead of the open.
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Pfizer Inc on Monday said it would buy Array Biopharma Inc for $10.64 billion in cash, a deal it hopes will help make it a leader in colon cancer and build up its pipeline of oncology drugs.
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Priam Properties Inc. set terms Monday for its initial public offering, in which the Nashville-based real estate investment trust expects to raise up to $180 million and be valued at about $233.51 million. The newly formed REIT, which is focused on acquiring and owning multi-tenant office urban properties in the Midwest and Southeast, with a particular focus on millennials, is offering 9 million shares, with the IPO expected to price between $18 and $20 a share. The stock is expected to list on the New York Stock Exchange under the ticker symbol "PRMI." If the underwriters, BofA Merrill Lynch, Baird and RBC Capital Markets, exercise all options to buy up to 1.35 million additional shares, Priam could raise up to $207 million. After the IPO, the company will have 11.68 million shares outstanding. The company is looking to go public at a time that Renaissance IPO ETF has gained 2.3% over the past three months, while the SPDR Real Estate Select Sector ETF has tacked on 6.4% and the S&P 500 has advanced 2.3%.
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.
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Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the U.S. government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.
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Investors are betting that the big, popular store will survive the retail apocalypse. Plus, the market obviously likes MoneyGram's new strategic investor.
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State Department cuts new funds to El Salvador, Guatemala and Honduras, pending immigration fixes Fox NewsThe State Department announced Monday it will cut new foreign aid to the "Northern Triangle" countries -- Guatemala, Honduras, and El Salvador -- unless their ...
View full coverage on Google News
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Since June 14, 2018, the yield has dropped from 2.94% to a recent 2.09%.
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MoneyGram International Inc. is officially getting on the blockchain, and will be rewarded handsomely by a prominent company in the cryptocurrency space.
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American Airlines is edging towards a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft including some converted from existing orders of other models, people familiar with the matter said.
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There have been reports that Apple (NASDAQ:AAPL) could acquire key parts of Intel's German smartphone modem operations, as it looks to build its own 5G chips for the iPhone. Below, Trefis estimates the potential financial upside for Apple from designing its own modems and what it could mean for ...
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American Airlines is edging towards a deal with Airbus to buy up to 50 newly launched A321XLR extended-range narrow-body aircraft including some converted from existing orders of other models, people familiar with the matter said.
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 Target easily could have lost as much as $100 million in sales over the weekend when the retailer's cash registers went down.
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The chief executive paints a dire picture of a future without privacy.
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U.S. stocks head higher Monday, led by gains in social media and entertainment shares such as Facebook Inc. and Netflix Inc.
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Apple Stock Gets Price-Target Cut On Lowered iPhone Sales Estimates Investor's Business DailyApple's China problem isn't going away, JPMorgan and Credit Suisse warn in a pair of cautious reports (AAPL) Business InsiderKuo on 2020 iPhones: 5.4-Inch and 6.7-Inch Models With 5G, 6.1-Inch Model With LTE, All With OLED Displays Mac RumorsComment: Could 2020 see us getting something like an iPhone SE 2 after all? 9to5MacApple will release two iPhones with 5G in 2020, top analyst says CNBCView full coverage on Google News
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Target's nationwide cash register meltdown over the weekend created more than $16 million in buzz on the internet from news reports and other social media mentions, according to Apex Marketing.
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Amazon responded this morning to Democratic Congresswoman Alexandria Ocasio-Cortez's claim that it pays warehouse workers "starvation wages" in a tweet that says it pays workers $15 an hour plus full benefits.
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 Stocks open higher, shrugging off poor reading from the Empire State index
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Boeing Co said
on Monday it would supply parts for A320 jetliners made by its
competitor Airbus to supply British Airways,
the first such agreement by the U.S. planemaker to support an
Airbus aircraft.
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Technical issues over the weekend left shoppers at Target unable to make purchases. On Saturday, the nationwide checkout system was down, and on Sunday, there was an issue processing credit cards.
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Major U.S. chip makers, including Intel Corp. , Qualcomm Inc. and Xilinx Inc. , have quietly lobbied the Trump administration to ease its ban on sales to Chinese tech giant Huawei Technologies Co., Reuters reported Sunday. One source told Reuters that the aim was not to help Huawei, but to prevent harm to U.S. companies. Reuters said Huawei spent about $11 billion buying components from U.S. companies in 2018. The Trump administration announced the ban in May, after trade negotiations between the U.S. and China stalled. Earlier this month, the acting White House budget chief sought to delay implementation of the ban, the Wall Street Journal reported, arguing that the burden would fall on U.S. companies that did business with Huawei.
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.
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