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Google Market News
Aug 14, 2018

China could reportedly use its 'unwritten' tech rules as an 'invisible tool' against US firms - CNBC

CNBC


With Sino-American trade tensions escalating, China's cybersecurity standards could be used as an "invisible tool" of retaliation against Washington's tariffs, according to one expert. Those so-called standards are government-issued guidelines about
From labo

Google Market News
Aug 14, 2018

Sears CEO's hedge fund offers to buy its appliance brand for $400 million - Reuters

USA TODAY


(Reuters) - A hedge fund owned by the chief executive of Sears Holdings Corp (SHLD.O), Edward Lampert, has offered to buy Sears' Kenmore appliances brand for $400 million in cash, according to a filing with the U.S. Securities and Exchange Commission ...


Google Market News
Aug 14, 2018

MoviePass parent company reports large losses, stock continues plunge - MarketWatch

CelebrityAccess ENCORE


Helios and Matheson Analytics Inc. HMNY, 0.00% the parent company of MoviePass, lost millions of dollars in the second quarter as the subscription-movie offering sought to change its rules. In a Tuesday afternoon filing with the Securities and
Moviepass losse

Google Market News
Aug 14, 2018

Stock market recovers most of Monday-Tuesday losses - The Boston Globe

Los Angeles Times


Stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as US and Turkish officials said the countries are in talks to ease
US retailers small companies rally as Tur

Google Market News
Aug 14, 2018

How to Solve a Problem Like Elon? - Wall Street Journal

Wall Street Journal


So, like the nuns of Nonnberg Abbey, if you're the Securities and Exchange Commission, what are you going to do? Elon Musk is extraordinarily popular with the public, with shareholders, with politicians. His company is worth $60 billion in the marketplace.
Is Tesla a cash cow, or simply a handful of beans?

Google Market News
Aug 14, 2018

Cramer's charts suggest it's still worth investing in bonds - CNBC

CNBC


U.S. Treasury bond yields have been on a tear this year, and with the Federal Reserve on track to continue raising short-term interest rates, it looks like the trend will continue. But when bond yields rise, prices fall, which has investors worried.
Worried About the Right Thing?: Cramer's 'Mad Money' Recap (Tuesday 8/

Google Market News
Aug 14, 2018

Sears CEO Eddie Lampert offers 'critical' deal to buy Kenmore brand for $400 million - USA TODAY

USA TODAY


The CEO, chairman and largest shareholder of Sears Holdings on Tuesday offered to buy one of the financially strapped department chain's last remaining valuable product brands, describing a speedy deal as "critical." Through his hedge fund ESL ...



Google Market News
Aug 14, 2018

Turks Scramble as Lira Falls and Prices Soar - New York Times

New York Times


ISTANBUL — Prices have soared on imported goods, scaring buyers and sellers. Sales are off as Turks delay purchases or cut back. Everyone is quoting the exchange rate, feverishly calculating what to do with their savings, large and small, and watching
Five Things You Need to Know to Start Your DayBloomberg

Google Market News
Aug 14, 2018

Sears CEO's fund submits proposal to buy Kenmore, home improvement division - Chicago Tribune

Chicago Tribune


The hedge fund run by Sears CEO Edward Lampert has sent the ailing retailer a proposal to buy its popular Kenmore appliance brand and a piece of its home services division. Hoffman Estates-based Sears Holdings Corp. began formally exploring the sale ...
Sears CE

Google Market News
Aug 14, 2018

Verizon offers free Apple TVs and YouTube subscriptions to new 5G customers in four cities - CNBC

CNBC


Verizon will offer customers who sign up for its new 5G internet service a free Apple TV box and a subscription to Google's YouTube streaming television service, the company announced Tuesday. Apple's TV device sells for $179 while YouTube's TV service ...
Apple TV 4K included in Verizon's upcomin

Google Market News
Aug 14, 2018

US stocks rally as fears about Turkey ease - Los Angeles Times

Los Angeles Times


U.S. stocks rallied Tuesday as banks, retailers and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as officials from Turkey and the United States said the countries are
Stock market recovers most of Monday-Tuesday losses

Google Market News
Aug 14, 2018

Buffett's Berkshire Keeps Buying More of Apple - Wall Street Journal

Wall Street Journal


Warren Buffett's Berkshire Hathaway Inc. BRK.B 0.32% continued to load up on technology giant Apple Inc. AAPL 0.42% in the second quarter. Berkshire increased its holdings of Apple stock by 12.4 million shares in the quarter, taking its stake to $46.6
Warren Buffett's Berkshire Hathaway reloads on Apple

Google Market News
Aug 14, 2018

Verizon Is Close to Apple, Google Deals for 5G TV - Bloomberg

Bloomberg


Verizon Communications Inc. announced deals making Apple Inc. and Google its first video providers for a superfast 5G wireless service the company plans to launch in four cities later this year. The home broadband service will debut in Los Angeles, ...
Verizon offers free Apple TV

Google Market News
Aug 14, 2018

Elon Musk Tweets Another Surprise, Saying Goldman and Silver Lake Are Tesla Advisers - Wall Street Journal

Wall Street Journal


Elon Musk again caught the financial world by surprise with an announcement on Twitter about his desire to take Tesla Inc. TSLA -2.46% private, this time revealing a list of advisers before arrangements with all of them were completed. The electric


Google Market News
Aug 14, 2018

First Ford Mustang owner's car is now worth at least $350000 - CBS News

CBS News


Gail Wise, the 76-year-old owner of the first Ford Mustang, kept the car she purchased in her garage for 27 years. Now experts value of the sky blue convertible between $350,000 and $450,000, the Detroit Free Press reports. Wise was only 22 years old
The first Ford Mustang owner kept the car. It's now worth $35

Google Market News
Aug 14, 2018

US retailers small companies rally as Turkey fears ease - ABC News

Reuters


U.S. stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as officials from Turkey and the U.S. said the countries are in talks
Do

Google Market News
Aug 14, 2018

Kroger enters China grocery market with Alibaba partnership - Reuters

Reuters


(Reuters) - Kroger Co (KR.N) has partnered with Alibaba Group Holding Ltd (BABA.N) to sell its private label products in China, venturing outside the United States for the first time in what is fast becoming a fierce global battle to dominate online


Google Market News
Aug 14, 2018

Warren Buffett's Berkshire Hathaway reloads on Apple, Goldman Sachs and airlines - CNBC

CNBC


Warren Buffett's Berkshire Hathaway increased its stake in Apple by 5 percent, according to a regulatory filing Tuesday that discloses positions through the end of the second quarter. Berkshire also upped its holdings of Goldman Sachs by 21 percent
Warren Buff

Google Market News
Aug 14, 2018

Contagion from Turkish currency collapse to European banks is 'overblown,' says analyst - MarketWatch

Firstpost


Amid fears that the Turkish lira's swoon will result in further pain outside the country's borders, one analyst says investors can take the European banking sector off the list of hotzones at risk of contagion from the emerging-markets crisis. Despite


Google Market News
Aug 14, 2018

Dow jumps more than 100 points, snaps 4-day slide as Turkish lira rebounds from record low - CNBC

CNBC


The Dow and S&P 500 snap four-day losing streaks as the Turkish lira rebounded 8 percent against the dollar. "Turkey is not a member of the European Union or the euro zone, so it has less hooks into the European banks, which means less trouble for us," ...
US retailers small companies rally

Google Market News
Aug 14, 2018

Southwest latest airline to restrict service, emotional support animals - USA TODAY

USA TODAY


Southwest Airlines has become the latest big airline to tighten its policies on service and emotional support animals. The carrier said its "update" would take effect Sept. 17 and would "provide clearer guidelines" to customers hoping to bring such


Google Market News
Aug 14, 2018

NIO's IPO Filing Shows A Company With Funding Secured To Compete With Tesla - Forbes

Forbes


In a bit of fortunate timing NIO filed its IPO documents last night in New York. The size listed in the F-1--for purposes of the registration fee--was $1.8 billion, and while that is not a definitive figure, it jibes with the valuation the Asian press
China'

Google Market News
Aug 14, 2018

Tinder Founders Sue Match, IAC For $2B Over Alleged Value Manipulation - Forbes

Forbes


A group of current and former Tinder executives is suing the dating app's parent companies for allegedly bullying and misleading plaintiffs out of billions in stock value, among other complaints. Today, plaintiffs filed a lawsuit in New York Supreme


Google Market News
Aug 14, 2018

New Southwest Airlines emotional support animal policy allows only dogs and cats on leashes or in carriers - Los Angeles Times

Los Angeles Times


Joining several other carriers that have adopted tough new rules on pets, Southwest Airlines is adopting a new policy for emotional support animals in the cabin, allowing only dogs and cats that are restrained by a leash or kept in a carrier. The new


Google Market News
Aug 14, 2018

Tesla forms three-member panel to decide on any Musk proposal - Reuters

Reuters


(Reuters) - Tesla Inc's board named a special committee of three directors on Tuesday to evaluate possibly taking the electric carmaker private, although it said it had yet to see a firm offer from the company's chief executive, Elon Musk. FILE PHOTO
Stocks Post Solid Gains as Turkey C

Google Market News
Aug 14, 2018

Why Turkey's crisis doesn't spell doom for all emerging-market currencies - MarketWatch

CNN


Turkey's currency crisis sent ripples through global financial markets, but analysts say it isn't necessarily a death sentence for all emerging-market currencies. Indeed, "the factors that are driving the lira down appear mostly country-specific and so
Turkey's Banks Bear Weight of Currency Crisis

Google Market News
Aug 14, 2018

Uber hires former NSA counsel as new security head - Engadget

Engadget


Uber has hired a new chief security officer, the New York Times reports, filling the role that has remained vacant since Joe Sullivan was fired last year. Sullivan was fired for his role in covering up a data breach that exposed the personal info of
Uber Picks NSA Veteran to Fix Troubled Security TeamNew York Times

Google Market News
Aug 14, 2018

Kroger to Sell Groceries on Alibaba Site in China - Wall Street Journal

Wall Street Journal


Kroger Co. will sell its products in China on an e-commerce site owned by Alibaba Group Holding Ltd. BABA -2.88% , the grocer's first foray into foreign sales amid a broader push into online retail. The U.S. supermarket chain on Tuesday said it plans
Kroger to sell products on Chinese e-commerce site Al

Google Market News
Aug 14, 2018

Shipping Surging Despite Trade War - Seeking Alpha

Livemint


The increasing 'Trade War' between the United States and China has led to weakening stock prices for most shipping firms. Ironically, the hardest hit sector has been dry bulk. In reality, demand is strong and rates are surging near 4-year highs. Just
China's Growth Engine Sputters as It Battles US Over Trade

Google Market News
Aug 14, 2018

Alphabet invests $375 million in Oscar Health - TechCrunch

TechCrunch


Google parent Alphabet has invested $375 million in next-gen health insurance company, Oscar Health. Google has been a longtime supporter of the six-year-old New York company, having previously invested in Oscar through its Capital G investment wing ...
Health Care Is Broken. Oscar Health Thinks Tech Can Fix ItWIRED

Google Market News
Aug 14, 2018

The next step for Tesla and Elon Musk is a formal takeover proposal — here's what it could look like - CNBC

CNBC


Now that Tesla CEO Elon Musk has hired advisers for his plan to take the U.S. electric car maker private, and the Tesla board has named a special committee of independent directors to evaluate it — two steps CNBC reported would happen last week— the ...
Goldman Sachs Had No Mandate When Musk

Google Market News
Aug 14, 2018

Small Caps Lead US Stock Indexes; Turkey Fears Fade - Investor's Business Daily

Investor's Business Daily


U.S. stock indexes rose modestly Tuesday afternoon, but Japan's Nikkei 225 leapt 2.3% as fears surrounding Turkey faded. X. Error loading player: No playable sources found. Among U.S. stocks, the small cap Russell 2000 advanced 1.1%, while the S&P ...
Wall St. Gains on Earnings, Recovery in Bank StocksNew Yo

Google Market News
Aug 14, 2018

"Funding Secured," Mr. Musk? Or Is It More Like "Funding Securable"? - Motley Fool

Motley Fool


In this segment from Motley Fool Money, host Chris Hill is joined by analysts Jason Moser, David Kretzmann, and Andy Cross. They attempt to sum up last week's most bizarre business story: Tesla (NASDAQ:TSLA) CEO Elon Musk's explosive and surprising ...
Tesla's Board Moves to Oversee Musk's Efforts to Take Company Privat

Google Market News
Aug 14, 2018

This 6-year-old spent $350 on toys using mom's Amazon account. The photos are legendary - USA TODAY

USA TODAY


Some kids are just born with it. "It" being a knack for getting what they want. Caitlin is one of them. The mischievous Utah 6-year-old was apparently allowed by her mother to hop on Amazon and order a Barbie doll, according to Buzzfeed News and HLN.


Google Market News
Aug 14, 2018

Wall St. gains on earnings, recovery in bank stocks - Reuters

Reuters


(Reuters) - U.S. stocks rose in a broad rally on Tuesday after four straight days of losses on a strong set of earnings from retailers and as bank stocks rebounded after the Turkish lira snapped a three-week slide. Traders work on the floor of the New
Dow

Google Market News
Aug 14, 2018

Tinder's co-founders are suing former parent company IAC for at least $2 billion - Recode

Recode


Tinder co-founder Sean Rad's saga with former parent company IAC has started a new chapter. Rad and some of Tinder's other co-founders and employees filed a lawsuit Tuesday against IAC that claims, among many other things, that Tinder's holding ...
Tinder co-founders sue Match Group for $2 billion

Google Market News
Aug 14, 2018

Alphabet puts another $375 million into Josh Kushner's Oscar Health, just months after previous investment - CNBC

CNBC


Alphabet has invested $375 million in Oscar Health, a 6-year-old health insurance start-up co-founded by Joshua Kushner, the brother of Donald Trump adviser Jared Kushner. The new funding comes only a few months after two other subsidiaries of ...
Health Care Is Broken. Oscar Health Th

Google Market News
Aug 14, 2018

Coca-Cola Invests in BodyArmor as It Chases Gatorade - Wall Street Journal

Wall Street Journal


Coca-Cola Co. KO 0.21% is buying a stake in BodyArmor, the sports drink startup backed by Kobe Bryant and other athletes, marking the latest attempt by the beverage giant to break Gatorade's lock on the sports market. In addition to taking a minority
C

Google Market News
Aug 14, 2018

Home Depot Raises the Roof - Wall Street Journal

Wall Street Journal


The housing market isn't doing so well this year, but somebody forgot to tell Home Depot . HD -0.27%. The big home-improvement retailer on Tuesday reported a strong second quarter, with earnings of $3.05 a share versus the $2.84 analysts expected, and ...
A DIY Trade in Home Depot Stock for Easy ProfitsInvestorplace.com


Google Market News
Aug 14, 2018

Alphabet Makes a $375 Million Bet on Obamacare Startup Oscar - Bloomberg

Bloomberg


Alphabet Inc. is putting $375 million into Obamacare startup Oscar Health, the latest health-care investment from Google's parent company. Oscar plans to use the funds to help fuel its entrance into the lucrative market for privately administered ...
Health Care Is Broken. Google Thinks Oscar Health Can Fix It

Google Market News
Aug 14, 2018

Tinder co-founders and 8 others sue dating app's owners, claiming they're owed $2 billion - CNNMoney

CNNMoney


Co-founders of Tinder and eight other former and current executives of the popular dating app are suing the service's current owners, alleging that they manipulated the valuation of the company to deny them of billions of dollars they were owed. The
Tinder founders sue IAC for billions claiming company 'robbed' them of stock opti

Google Market News
Aug 14, 2018

Cramer: 'We'll be on Mars' by the time the SEC penalizes Tesla for Elon Musk tweet - CNBC

CNBC


CNBC's Jim Cramer warned Tesla critics about getting their hopes up that the federal government will penalize Elon Musk for his tweet about taking the electric auto maker private. "If you're waiting for the [Securities and Exchange Commission] to
Tesla forms three-me

Google Market News
Aug 14, 2018

Banks on alert from FBI about potential 'unlimited' ATM heist worth millions - USA TODAY

USA TODAY


The Federal Bureau of Investigation has warned banks in the U.S. of an impending cybercrime, a heist called an "ATM cash-out," in which thieves seek to swipe millions of dollars by using cloned ATM cards for fraudulent withdrawals. This globally


Google Market News
Aug 14, 2018

Banks on alert from FBI about potential 'unlimited" ATM heist worth millions - USA TODAY

USA TODAY


The Federal Bureau of Investigation has warned banks in the U.S. of an impending cybercrime, a heist called an "ATM cash-out," in which thieves seek to swipe millions of dollars by using cloned ATM cards for fraudulent withdrawals. This globally


Google Market News
Aug 14, 2018

Tesla's Board Moves to Oversee Musk's Efforts to Take Company Private - New York Times

New York Times


Tesla announced Tuesday that its board had created a special committee to review a potential proposal by Elon Musk, the company's chief executive, to take the company private. The board, caught by surprise last week after Mr. Musk posted a cryptic
Tesla's board has formed a special committee to consider going private

Google Market News
Aug 14, 2018

Southwest latest airline to restrict emotional service animals - USA TODAY

USA TODAY


Southwest Airlines has become the latest big airline to tighten its policies on emotional-service animals. The carrier said its "update" would take effect Sept. 17 and would "provide clearer guidelines" to customers hoping to bring such animals onto


Google Market News
Aug 14, 2018

FBI warns of potential ATM bank heist that could steal millions globally - The Verge

The Verge


The FBI has warned banks that ATMs will likely face a global attack by criminals in the "coming days." The FBI was tipped off that these cybercriminals would hack payment card processors or banks and use ATMs all over the world to withdraw millions of ...
FBI said to warn of "unlimited" ATM cash-out scheme

Google Market News
Aug 14, 2018

Tampa General ranked top metro area hospital by US News & World Report - Tampa Bay Business Journal

Tampa Bay Business Journal


Tampa General Hospital has been recognized as the top hospital in the Tampa-St. Petersburg-Clearwater metro area by U.S. News & World Report. For the best hospitals in all of Florida, the Mayo Clinic Jacksonville ranked first, followed by UF Shands ...
Cleveland Clinic Remains Top Cardiology/H

Google Market News
Aug 14, 2018

Tinder founders sue IAC for billions claiming company 'robbed' them of stock options - CNBC

CNBC


A group of founders, current executives and early employees of Tinder sued the dating app's owner IAC and its subsidiary Match Group for at least $2 billion, claiming the defendants "robbed Tinder employees" by cooking financial information
Barry Diller's IAC finally lands Angi

Google Market News
Aug 14, 2018

We shopped at Home Depot and Ace Hardware to see which was a better home-improvement store, and the winner ... - Business Insider UK

Business Insider UK


Home Depot and Ace Hardware, two of the biggest home-improvement stores in the United States, offer a similar product selection and help with home-improvement projects. Though the stores sell many of the same products, Home Depot's setup appears to ...
Home Depot Raises the Roof

Google Market News
Aug 14, 2018

Amazon Prime spree: 6-year-old 'scammer in the making' orders herself $350 worth of toys - Fox News

Fox News


Kids these days. Anyone who's ever gone on an Amazon shopping spree understands the allure of the one-click buying option with next-day shipping, and this 6-year-old girl is no exception. Caitlin was recently allowed to order a Barbie from the online ...


Google Market News
Aug 14, 2018

Home Depot Raises Its Outlook After Sales Spring Back - Motley Fool

Motley Fool


Home Depot (NYSE:HD) executives set high expectations for the retailer's second quarter. Back in May, CEO Craig Menear and his team predicted that just about all the sales that hadn't happened in the first quarter -- due to an unseasonably cold April ...
As homeowners catch up o

Google Market News
Aug 14, 2018

The FBI Is Warning Banks About an Imminent Global Heist - Inc.com

Inc.com


Cybercriminals are getting ready for a big payday. Last week, the Federal Bureau of Investigation (FBI) warned banks that criminals are gearing up to execute a global bank heist in the coming days, according to security blog Krebs on Security. The
FBI warns banks about potential ATM hacking schemeCNNM

Google Market News
Aug 14, 2018

Uber Picks NSA Veteran to Fix Troubled Security Team - New York Times

New York Times


Last November, Uber's new chief executive, Dara Khosrowshahi, penned an apologetic note to riders and drivers explaining that hackers had obtained 57 million personal records from the ride-hailing company — and rather than disclosing the breach ...
Uber hires former NSA counsel as new security headEngadget

Google Market News
Aug 14, 2018

Sinking Turkish Lira, Indian Rupee Fuel Fears of Contagion - Wall Street Journal

Wall Street Journal


While some emerging markets crises spread, others remain contained. It is still unclear which type Turkey's is. People walking next to a currency exchange office in Istanbul, Turkey, on Monday. A plunge in the Turkish lira, Indian rupee and other
Euro slips on Turke

Google Market News
Aug 14, 2018

Moment cheeky little girl, 6, is caught after secretly ordering £250 of toys on Amazon using her parents' iPad - The Sun

Hit 107


A SAVVY six-year-old managed to order £250 worth of toys on Amazon using her parents' iPad - and got it all shipped overnight before they had a chance to clock on. This image of a grinning Caitlin went viral, as the cheeky youngster welcomed home her ...


Google Market News
Aug 14, 2018

Coca-Cola bets on Kobe sports drink in fight with Gatorade - Reuters

Reuters


(Reuters) - Coca-Cola Co (KO.N) is buying a minority stake in a sports drink brand backed by basketball star Kobe Bryant, it said on Tuesday, seeking to mount a stronger challenge to PepsiCo's (PEP.O) Gatorade. A truck transports bottles from the Coca


Google Market News
Aug 14, 2018

US Stocks Rise, Dollar Ebbs Amid Turkey Tumult: Markets Wrap - Bloomberg

Bloomberg


U.S. stocks halted the longest slide since March and the dollar weakened from a 14-month high as global markets steadied in the wake of Monday's Turkey-induced turmoil. Crude rose. All major U.S. benchmarks were higher and the S&P 500 Index advanced ...
Turkey's Erdogan Fought a Coup With His iPh

Google Market News
Aug 14, 2018

Consumers spent big at Home Depot - CNNMoney

CNNMoney


The company posted $30.5 billion worth of sales last quarter, up 8.4% from a year ago. That's stunning growth -- particularly for a retailer as gigantic as Home Depot. Content by MyFinance. This Incredible Card Offers 0% APR Until Nearly 2020.
Home Depot Proves It's No Fixer-Upper

Google Market News
Aug 14, 2018

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Google Market News
Aug 14, 2018

Dow, S&P 500 bounce back as investors shake off Turkish tantrum - MarketWatch

Reuters


U.S. stocks were on track to halt a multiday tumble Tuesday, with the three main equity benchmarks advancing as Turkey's currency slide abated, allowing investors to focus instead on a healthy domestic economy and strong corporate results. The session ...


Google Market News
Aug 14, 2018

Turkey to Boycott US Electronics in Retaliation Against Sanctions - Wall Street Journal

Wall Street Journal


"We are going to enforce a boycott on U.S. electronic goods," Turkey's President Recep Tayyip Erdogan said Tuesday. "If they have iPhones, there is also Samsung." Photo: PRESS POOL. 108 Comments. By. David Gauthier-Villars. David Gauthier-Villars.
Euro s

Google Market News
Aug 14, 2018

Activist Investor Abandons Effort To Block $67 Billion Cigna-Express Scripts Deal - Hartford Courant

Hartford Courant


Shares of Cigna Corp. and Express Scripts Holding Co. moved higher Tuesday morning after activist investor Carl Icahn announced he is abandoning his effort to block Cigna's $67 billion acquisition of the pharmacy benefit manager. Express Scripts was up ...
Icahn ends Cigna-Express Scripts campaign, shares bounce

Google Market News
Aug 14, 2018

Sinking Turkish Lira, Indian Rupee Raise Specter of Contagion - Wall Street Journal

Wall Street Journal


Sharp declines in the Turkish lira, Indian rupee and other currencies have raised the prospect of a self-reinforcing flight from riskier emerging markets. While the lira recovered slightly on Tuesday, and so did many peers, India's currency tumbled


Google Market News
Aug 14, 2018

Tesla's board has formed a special committee to consider going private - Business Insider

Business Insider


Tesla's board of directors has formed a special committee to examine CEO Elon Musk's preference to take the company private, according to a statement on Tesla's website. Three independent board members — Brad Buss, Robyn Denholm, and Linda ...
Tesla: Not clear yet whether Elon M

Google Market News
Aug 14, 2018

Erdogan Escalates Row With US, Calls for Boycott of iPhones - Bloomberg

Bloomberg


President Recep Tayyip Erdogan vowed to boycott iPhones in a demonstration of defiance as the U.S. held firm to its demand that Turkey release an evangelical pastor and Turkish executives called for action to bolster the lira. Erdogan said the nation


Google Market News
Aug 14, 2018

Home Depot's second-quarter sales top estimates, shares rise early - Reuters

Reuters


(Reuters) - Home Depot Inc (HD.N) on Tuesday reported second-quarter sales that beat Wall Street estimates and revised its earnings forecast for the year, boosted by a rebound in demand for seasonal merchandise and as more shoppers made purchases.
Home Depot Proves It's No Fixer-Upper

Google Market News
Aug 14, 2018

The first Ford Mustang owner kept the car. It's now worth $350000 - Detroit Free Press

Detroit Free Press


Tom and Gail Wise disagreed about whether a broken-down car should be stored in a family garage for 27 years or sold for junk. He insisted they keep it because, he promised, one day he would find the time to fix the vehicle himself. It was her skylight



Google Market News
Aug 14, 2018

Penn, CHOP, Wills Eye make US News' best hospitals lists - 6abc.com

6abc.com


U.S. News & World Report has unveiled its best hospital rankings for the year and a number of local hospitals have made the list. Hospitals of the University of Pennsylvania- Penn Presbyterian is ranked number 14 on the Best Hospitals Honor Roll. U.S
21 Michigan hospitals rank on US News and World Report best

Google Market News
Aug 14, 2018

Home Depot Bounces Back From Slowdown With Strong Quarter - Bloomberg

Bloomberg


Home Depot Inc. offered more evidence that the U.S. housing market is still humming along, reporting second-quarter sales that sent shares higher. The home-improvement chain said same-store sales increased 8 percent in the three months ended July 29, ...
Home Depot Raises Guidance as Profit

Google Market News
Aug 14, 2018

BMW recall: South Korea bans vehicles because of fire risk - CBS News

CBS News


South Korea will ban driving recalled BMWs that haven't received safety checks following dozens of fires the German automaker has blamed on a faulty exhaust gas component. South Korea's Ministry of Land, Infrastructure and Transport said Tuesday the ...
South Korea Tells Some BMW Owners to Park Cars on Fire Risk

Google Market News
Aug 14, 2018

Coca Cola is fighting Gatorade by investing in BodyArmor - CNNMoney

CNNMoney


Coke said it will take a big stake in red-hot sports drink maker BodyArmor, becoming the company's second-largest shareholder. Body Armor is an attractive competitor to both Gatorade and Coke's own Powerade, the biggest players in the sports drink sector.
Coca-Cola Declares War on Pepsi's Gatorade With New BodyArmor Stake

Google Market News
Aug 14, 2018

UPDATE 1-India not worried about weak rupee if other currencies depreciate - finmin official - Reuters

The Indian Express


... * Rupee fall due to global factors, says finmin official. * Rupee has depreciated over 8 pct so far this year. * Opposition parties blame govt policies for rupee fall (Recasts with details, reaction). By Manoj Kumar. NEW DELHI, Aug 14 (Reuters


Google Market News
Aug 14, 2018

Chinese Tesla rival Nio files to raise $1.8 billion in US IPO - TechCrunch

TechCrunch


Tesla may be looking to go private, but Chinese rival Nio is going the other way after it filed to raise $1.8 billion in an IPO on the New York Stock Exchange. Nio was started in 2014, initially as NextCar, by Bin Li, an entrepreneur who founded online
NIO seeks to raise $1.8 billion in biggest US listing by China automaker

Google Market News
Aug 14, 2018

The FBI Says There's Going to be a Huge Bank Heist in the Coming Days - Fortune

Fortune


The FBI just warned banks that their customers' accounts could be targeted by a worldwide ATM hacking scheme. The attack, known as an "ATM cash-out" or "unlimited operation," is expected in the coming days, and will likely take place on a weekend or
FBI warns banks about potential ATM hacking schemeCNNMoney


Google Market News
Aug 14, 2018

Home Depot Raises Guidance as Profit Soars - Wall Street Journal

Wall Street Journal


Home Depot Inc. raised its earnings and sales targets for the year as it continued to benefit from robust home-improvement activity and a strong U.S. economy in the latest quarter. The Atlanta company on Tuesday said it is targeting sales growth of
Home Depot roars back in the second quarterABC Ne

Google Market News
Aug 14, 2018

Musk's Tweets on Tesla Buyout Face Scrutiny After Saudi Disclosure - Wall Street Journal

Wall Street Journal


Tesla Inc. Chief Executive Elon Musk's revelations that he has talked to Saudi Arabia's sovereign-wealth fund to provide the cash to take the company private gives regulators more ammunition to fault how he first disclosed it, securities law experts said.
DealBook Briefing: Elon

Google Market News
Aug 14, 2018

Advance Auto Parts' stock surges after earnings and sales rise above expectations - MarketWatch

The Auto Channel


Advance Auto Parts Inc.'s stock AAP, -1.03% shot up 4.4% toward a 15-month high in premarket trade Tuesday, after the auto parts retailer beat second-quarter earnings and revenue expectations and announced a new stock repurchase program. Net income ...


Google Market News
Aug 14, 2018

Turkey's Banks Bear Weight of Currency Crisis - Wall Street Journal

Wall Street Journal


After Turkey's historic currency plunge, a major question is how the country's banks withstand the pain? Turkey's banking system is chocked full of foreign currency debt to companies and to a lesser extent consumers. Borrowers who took out loans in U.S
Erdogan to Boycott IPhones as Turkey's Row With

Google Market News
Aug 14, 2018

China's 'Tesla-fighter' plans to go public in New York - CNNMoney

CNNMoney


As Elon Musk seeks to take Tesla private, a Chinese rival is getting ready to go public in the United States. Electric car startup Nio wants to raise $1.8 billion by listing its shares on the New York Stock Exchange, according to documents it filed
NIO seeks to raise $1.8 billion in biggest US listing by China automaker

Google Market News
Aug 14, 2018

DealBook Briefing: Elon Musk Has Answers. We Still Have Questions. - New York Times

New York Times


Good Tuesday. Want this in your inbox every morning? Sign up here. Yep, Elon Musk was winging it. Almost a week after the Tesla C.E.O. tweeted that he might take the company private, with "funding secured," he has shown his hand. In it: several past ...
Tesla CEO Elon Musk Is Embarrassing the Short-Sellers

Google Market News
Aug 14, 2018

Home prices: Even midsize cities are getting pricey, leading some buyers to smaller markets - USA TODAY

USA TODAY


A couple of years ago, freshly-minted college graduates John and Samantha Reidy crisscrossed North Carolina in search of a place to settle and buy a house. After hitting seven cities - including bustling millennial enclaves such as Charlotte, Durham


Google Market News
Aug 14, 2018

Billionaire Carl Icahn has changed his mind on Cigna's $52 billion purchase of Express Scripts - Business Insider

Business Insider


Carl Icahn has dropped his fight to stop health insurer Cigna's purchase of Express Scripts, a pharmaceutical company. Last week, Icahn said he would try and solicit proxy votes to block the $52 billion deal. Icahn told CNBC that blocking the deal
Icahn ends Cigna-Express Scripts campaign

Google Market News
Aug 14, 2018

Cryptocurrency Market Plumbs New Depths in 2018 - Wall Street Journal

Wall Street Journal


The cryptocurrency market just hit another new low in 2018. A broad selloff in digital currencies has pushed the value of the entire market below $200 billion for the first time this year, according to research site CoinMarketCap, erasing more than 70
Bitcoin Dips Below $6000 as Almost Every

Google Market News
Aug 14, 2018

Home Depot crushes Wall Street expectations, raises full-year outlook - CNBC

CNBC


Home Depot is believed by industry analysts to have benefited this quarter from warmer weather from May through this month. Lauren Thomas | @laurenthomasx3. Published 37 Mins Ago Updated 1 Min Ago CNBC.com. Household appliances are offered for ...
10 Stocks To Watch For August 14, 2018Benzinga


Google Market News
Aug 14, 2018

South Korea is banning thousands of BMWs after engine fires - CNNMoney

CNNMoney


The South Korean government says thousands of BMWs will be banned from the country's roads after some vehicles caught fire. The German automaker is facing a public relations crisis in South Korea over the fires, which it has blamed on a problem with
South Korea Bans Driving BMWs Under Recall Due to Fires

Google Market News
Aug 14, 2018

Larger Tesla Stake by Giant Saudi Fund Faces Hurdles - Wall Street Journal

Wall Street Journal


For Saudi Arabia's sovereign-wealth fund, financing a takeover of Tesla Inc. TSLA 0.26% may be harder than it sounds. The common perception is that Saudi Arabia's oil wealth gives the fund unlimited resources, but in reality the kingdom's finances are
My 5-Step Plan For Tesla

Google Market News
Aug 14, 2018

Indian Rupee Drops as Lira Lunacy Sends Investors Rushing for the Exits - Wall Street Journal

Wall Street Journal


The Indian rupee fell to an all-time low against the U.S. dollar on Tuesday as foreign investors kept selling emerging-market currencies, spooked by the collapse of the Turkish lira. The Indian currency fell to an intraday record low of 70.08 in early


Google Market News
Aug 14, 2018

Icahn backs off; Tencent's troubles; More from Musk - CNNMoney

CNNMoney


1. Icahn backs off: Carl Icahn has given up on his attempt to sabotage Cigna's takeover of Express Scripts. The activist investor had called on other Cigna (CI) shareholders to vote against the $67 billion deal. He argued that the health insurer is
Why Carl Icahn Changed His Mind on the Cigna-Express Scripts Deal He Once Called a 'Travesty'

Google Market News
Aug 14, 2018

Global markets rebound after Wall St falls on Turkey jitters - Washington Post

Washington Post


BEIJING — Most global stock markets rebounded Tuesday after Wall Street slid on worries Turkey's currency crisis will hurt other emerging markets. KEEPING SCORE: In early trading, Germany's DAX rose 0.7 percent to 12,441.97 and France's CAC 40 ...


Google Market News
Aug 14, 2018

Turkish crisis: Indian rupee hits record low but lira recovers - business live - The Guardian

The Guardian


These charts show the divide in Britain's labour market, with unemployment at a 43-year low, but wage growth decidedly underwhelming: Britain's jobless rate has dropped to the lowest level since 1975 Photograph: ONS. But average earnings remain weak, ...


Google Market News
Aug 14, 2018

Asia stumbles on soft China data, gold loses its glitter - Yahoo Finance

Yahoo Finance


By Wayne Cole. SYDNEY (Reuters) - Asian share markets fought to regain their footing on Tuesday as tremors from the collapse of the Turkish lira ebbed, though sentiment took a fresh knock when Chinese economic data proved softer than expected.
Column: Gold's tentative positive China, India

Google Market News
Aug 14, 2018

US bans government personnel from using Huawei and ZTE devices - Engadget

Engadget


US government employees, contractors and agencies might have to ditch most of their Huawei and ZTE tech. The President has signed the Defense Authorization Act into law, and part of it is a ban on devices and equipment used to route or view user data ...
New defense bill bans the US government from using Huawei and ZTE tech

Google Market News
Aug 14, 2018

NIO seeks to raise $1.8 billion in biggest US listing by China automaker - Reuters

Reuters


HONG KONG/SHANGHAI (Reuters) - Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. FILE PHOTO: Visitors check NIO ES8 ...


Google Market News
Aug 14, 2018

NIO seeks to raise $1.8 billion in biggest US listing by China automaker - Business Insider

Business Insider


By Julie Zhu and Brenda Goh. HONG KONG/SHANGHAI (Reuters) - Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. The company ...
A unico

Google Market News
Aug 14, 2018

Bitcoin Drops Below $6000 as Almost Every Cryptocurrency Sinks - Bloomberg

Bloomberg


Bitcoin dropped below $6,000 and dozens of smaller digital tokens tumbled as this month's selloff in cryptocurrencies showed few signs of letting up. The largest digital currency fell as much as 6.2 percent to $5,887 as of 3:07 p.m. in Hong Kong, the
Bitcoin dips

Google Market News
Aug 14, 2018

Stocks Rebound as Turkey Calms; Dollar Declines: Markets Wrap - Bloomberg

Bloomberg


European stocks advanced, tracking gains for most Asian equities as global markets steadied in the wake of Monday's Turkey-induced turmoil. The dollar slipped from its highest in 14 months and Treasuries edged lower. The Stoxx Europe 600 Index rallied ...


Google Market News
Aug 14, 2018

My 5-Step Plan For Tesla, Public Or Private, To Fulfill Its Promise - Forbes

Forbes


Let's set aside for a moment all the truly bizarre things that have happened that have led Tesla to the point where it may go private using funds from the Saudi Sovereign wealth fund. The real issue here is, what does Tesla do after. Whether it is
Saudi oil m

Google Market News
Aug 14, 2018

Carl Icahn Backs Off Cigna-Express Scripts Deal - Forbes

Forbes


Billionaire investor Carl Icahn now says he will support Cigna's proposed purchase of Express Scripts, citing recommendations of two influential proxy advisors who came out in favor of the merger. "In light of the ISS (Institutional Shareholder
Carl Icahn abandons effort to kill Cigna's Express Scripts deal

Google Market News
Aug 14, 2018

Turkish Lira Plummets Again 'Casting Pall' Over European Stocks, Dampens US Markets - Forbes

Forbes


It is certainly no Turkish delight or a bed of roses with the Turkish Lira, tanking in recent days and falling now by over 4o% against the U.S dollar this year so far. There is talk too of a contagion affecting markets in Europe, a credit crisis and


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