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IF IT'S NEWS, IT'S HERE!
Never Again Miss A News
I created this website for those who love news, enjoy news and love to stay ahead. Alex Katiraie
(CreativityMotivation.COM, UXDesignSEO.COM)

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World - Health - Sports - Science & Technology - Travel - Entertainment - Food

Books - Music - Arts - Business & Money - Fashion & Style - Movies

IF IT'S NEWS, IT'S HERE!
Never Again Miss A News
I created this website for those who love news, enjoy news and love to stay ahead. Alex Katiraie
(CreativityMotivation.COM, UXDesignSEO.COM)


Europe’s Central Bank, Lagging Behind Counterparts, Faces Eventful 2018
Date: Thu, 14 Dec 2017 19:35:33 GMT
From https:
With the central banks of the United States and Britain raising rates, the E.C.B. turns its attention to the year ahead and how fast it should roll back stimulus.


AT&T Agrees to Contract, and Union Backs Time Warner Deal
Date: Thu, 14 Dec 2017 15:26:58 GMT
From https:
Under the accord, if ratified, 20,000 wireless employees would get better pay and job protection, and the company would bring work back from overseas.


Republican Tax Bill in Final Sprint Across Finish Line
Date: Thu, 14 Dec 2017 17:29:31 GMT
From https:
House and Senate negotiators reached an agreement on a final bill, and are on track to send it to President Trump by Christmas.


Fed Predicts Modest Economic Growth From Tax Cut
Date: Thu, 14 Dec 2017 02:23:17 GMT
From https:
The Federal Reserve continued to slowly increase interest rates, and it said the tax bill was unlikely to increase its pace of doing so.


RushCard is distancing itself from founder Russell Simmons following sexual misconduct allegations
Date: Thu, 14 Dec 2017 15:40:00 PST
From latimes.com
Green Dot Corp, a Pasadena debit card company that owns RushCard, has removed photos of Simmons from the brand's website following new sexual misconduct allegations this week


Shervin Pishevar resigns from Sherpa Capital amid reports of sexual misconduct
Date: Thu, 14 Dec 2017 15:05:00 PST
From latimes.com

Shervin Pishevar, the embattled venture capitalist accused of sexual misconduct, said Thursday that he would step down from the Silicon Valley investment firm he co-founded.

The announcement comes weeks after he declared he would take a leave of absence from Sherpa Capital to shield the firm from...



FCC votes to repeal net neutrality rules, a milestone for Republican deregulation push
Date: Thu, 14 Dec 2017 14:45:00 PST
From latimes.com

Federal regulators voted on Thursday to repeal Obama-era net neutrality rules for internet traffic a a major victory for telecommunications companies and another milestone for the Republican deregulation push under President Trump.

The 3-2 party-line vote by the Federal Communications Commission...



Healthcare and bank stocks pull indexes down
Date: Thu, 14 Dec 2017 14:40:00 PST
From latimes.com

Healthcare companies and banks drove U.S. stocks lower Thursday, pulling major indexes below their recent highs.

The slide, which erased gains from earlier in the day, came on news that some Republican senators' support for the GOP's proposed tax overhaul bill was faltering.

Small-company stocks,...



Teva, the world's largest generic drugmaker, is cutting 14,000 workers
Date: Thu, 14 Dec 2017 14:35:00 PST
From latimes.com

Teva Pharmaceutical Industries Ltd., the world's largest generic drugmaker, said Thursday that it would lay off over a quarter of its workforce as part of a global restructuring meant to salvage its ailing business.

The company said 14,000 workers would be let go. The cuts will be scattered across...



With majority stake in Hulu, Disney could take a run at Netflix
Date: Thu, 14 Dec 2017 13:10:00 PST
From latimes.com

Netflix is the undisputed champion of streaming TV. Subscribers spend more than 140 million hours a day on the platform, which boasts wildly successful shows, including aStranger Thingsa and aHouse of Cards.a

But that dominance now faces a credible threat from the Walt Disney Co., which will gain...



California sues Trump administration over Corinthian students' unresolved debt relief claims
Date: Thu, 14 Dec 2017 13:05:00 PST
From latimes.com

The federal Department of Education is refusing to process debt relief claims from tens of thousands of students who had federal loans to attend Corinthian Colleges schools, Californiaas attorney general said Thursday in the latest lawsuit against the Trump administration.

More than 50,000 relief...



After 25 years, New York Times publisher Sulzberger will pass job to his son
Date: Thu, 14 Dec 2017 12:35:00 PST
From latimes.com

New York Times publisher Arthur O. Sulzberger Jr., who oversaw the newspaper through triumph and controversy for the past 25 years, will step down at the end of the year and hand the job to his son, Arthur Gregg Sulzberger, the company said Thursday.

The transition was expected at the Times, which...



Why Wall Street gets a cut of your power bill
Date: Thu, 14 Dec 2017 12:20:00 PST
From latimes.com

Eric Hildebrandt first raised the red flag in an annual report written in 2015 for his bosses overseeing Californiaas electricity market.

He raised the same issue in a 2016 report. And he is raising it again in a recently released 2017 report.

The warning to the California Independent System Operator:...



Murdoch family becomes second largest Disney shareholder with Fox deal
Date: Thu, 14 Dec 2017 10:15:00 PST
From latimes.com

Once 21st Century Fox shareholders swap their holdings for Walt Disney Co. stock, Rupert Murdoch and his family will become the Burbank entertainment giant's second largest shareholders, behind only mutual fund giant Vanguard.

The Murdochsa roughly 4.4% stake would represent the largest position...



Health risks to farmworkers increase as workforce ages
Date: Thu, 14 Dec 2017 07:00:00 PST
From latimes.com

That bag of frozen cauliflower sitting inside your freezer likely sprang to life in a vast field north of Salinas, Calif. A crew of men and women here use a machine to drop seedlings into the black soil. Another group follows behind, stooped over, tapping each new plant.

It is backbreaking, repetitive...



Here's what Disney is acquiring in its blockbuster deal with 21st Century Fox
Date: Thu, 14 Dec 2017 04:30:00 PST
From latimes.com
Walt Disney Co. plans to buy much of the media assets of Rupert Murdoch's 21st Century Fox. If approved by regulators, the deal would create an entertainment powerhouse and transform the Hollywood landscape. Here is a breakdown of what Disney would acquire.


Disney Makes $52.4 Billion Deal for 21st Century Fox in Big Bet on Streaming
Date: Thu, 14 Dec 2017 15:19:03 GMT
From https:
The acquisition of most of Rupert Murdoch's entertainment empire makes Disney a true competitor to services like Netflix and Amazon.


Teva Pharmaceuticals to Cut 25% of Jobs in Huge Reshaping
Date: Thu, 14 Dec 2017 19:18:07 GMT
From https:
The world's biggest maker of generic drugs has been squeezed by increased competition and lower prices and is saddled with a large amount of debt.


Rupert Murdoch Is Having His King Lear Moment
Date: Thu, 14 Dec 2017 15:09:35 GMT
From https:
As he prepares to sell off much of 21st Century Fox, the 86-year-old magnate is testing the ties that bind the family-run fief.


What Disney Is Getting From Fox
Date: Thu, 14 Dec 2017 12:45:40 GMT
From https:
Benefits include overseas assets, a television hit factory, popular film franchises, regional sports networks and a more diverse pool of executives.


AT&T Agrees to Contract, and Union Backs Time Warner Deal
Date: Thu, 14 Dec 2017 15:26:58 GMT
From https:
Under the accord, if ratified, 20,000 wireless employees would get better pay and job protection, and the company would bring work back from overseas.


Europe’s Central Bank, Lagging Behind Counterparts, Faces Eventful 2018
Date: Thu, 14 Dec 2017 19:27:59 GMT
From https:
With the central banks of the United States and Britain raising rates, the E.C.B. turns its attention to the year ahead and how fast it should roll back stimulus.


Tech We’re Using: Busting the Myths About A.I. Invading Our Lives
Date: Thu, 14 Dec 2017 00:32:57 GMT
From https:
Cade Metz, a technology reporter for The Times, assesses the pitfalls of A.I. and the possibilities that Skynet will rule us.


Uber Under Criminal Investigation, Justice Dept. Confirms in Letter to Court
Date: Thu, 14 Dec 2017 01:07:20 GMT
From https:
A document made public in court on Wednesday is a first acknowledgment by federal authorities of a criminal investigation into the ride-hailing company.


Walmart Will Let Its 1.4 Million Workers Take Their Pay Before Payday
Date: Thu, 14 Dec 2017 17:58:30 GMT
From https:
The retailer is giving its employees early access to part of their paychecks, but some critics of the company say it points to a need to raise wages.


Fed Predicts Modest Economic Growth From Tax Cut
Date: Thu, 14 Dec 2017 02:23:17 GMT
From https:
The Federal Reserve continued to slowly increase interest rates, and it said the tax bill was unlikely to increase its pace of doing so.


Republican Tax Bill in Final Sprint Across Finish Line
Date: Thu, 14 Dec 2017 17:29:31 GMT
From https:
House and Senate negotiators reached an agreement on a final bill, and are on track to send it to President Trump by Christmas.


S&P, Dow Flat as Healthcare Losses Offset by Tech, Media Gains
Date: Thu, 14 Dec 2017 18:24:30 GMT
From https:
The S&P 500 and the Dow were trading flat in early afternoon on Thursday as losses in healthcare stocks such as Johnson & Johnson were offset by gains in shares of technology and consumer discretionary companies.

‘Are You Normal?’ Putin Asks U.S. Congress in Annual News Gathering
Date: Thu, 14 Dec 2017 18:56:28 GMT
From https:
As much circus as news conference, the event provided the Russian president with a platform to bolster his campaign and to attack the United States.


Wheels: Lamborghini’s Urus Is the Luxury S.U.V. Party’s Most Flamboyant Guest
Date: Thu, 14 Dec 2017 18:15:00 GMT
From https:
The Italian sports car company's previous S.U.V. predated Porsche's Cayenne. Its second follows in the Porsche's footsteps as a beefed-up sports car.


Morgan Spurlock: ‘I Am Part of the Problem’
Date: Thu, 14 Dec 2017 18:36:48 GMT
From https:
The filmmaker wrote that he had engaged in sexual misconduct over the years, dating back to his college days.


A.G. Sulzberger, 37, to Take Over as New York Times Publisher
Date: Thu, 14 Dec 2017 17:53:08 GMT
From https:
In a move that goes into effect Jan. 1, he will follow in the footsteps of his father, Arthur Sulzberger Jr., who served as publisher for 25 years.


The Other Fox Deal That Could Hinge on Disney’s Bid: DealBook Briefing
Date: Thu, 14 Dec 2017 19:17:08 GMT
From https:
Fox is still trying to buy full control of Sky, the big British satellite broadcaster, and it's unclear whether having Disney be the ultimate owner helps.


Tavis Smiley Responds to PBS Suspension of Talk Show After Misconduct Allegations
Date: Thu, 14 Dec 2017 05:38:07 GMT
From https:
The network said it had indefinitely suspended distribution of Mr. Smiley's nightly program after an investigation found "credible allegations" of inappropriate behavior against him.


Trump’s E.P.A. Chemical Safety Nominee Withdraws
Date: Thu, 14 Dec 2017 02:12:15 GMT
From https:
The nominee, Michael L. Dourson, had faced criticism on several fronts for his ties to the chemical industry.


Netflix Executive Loses Job After Comment on Danny Masterson Rape Allegations
Date: Thu, 14 Dec 2017 00:39:25 GMT
From https:
The executive, Andy Yeatman, unwittingly told a woman who had accused the actor of rape that the company didn't believe the accusers.


Joe Biden Comforts Meghan McCain in Heartfelt Exchange on ‘The View’
Date: Thu, 14 Dec 2017 00:24:04 GMT
From https:
"One of the things that gave Beau courage, my word, was John," Mr. Biden told a tearful Ms. McCain. Her father, John McCain, has the same form of cancer that killed his son Beau.


Anthony Scaduto, an Early Biographer of Dylan, Dies at 85
Date: Thu, 14 Dec 2017 00:17:14 GMT
From https:
Mr. Scaduto, a journalist with a long tenure at The New York Post, also wrote a book challenging the verdict in the kidnapping of the Lindbergh baby.


Is Christmas a Religious Holiday? A Growing Number of Americans Say No
Date: Thu, 14 Dec 2017 09:50:51 GMT
From https:
The Pew Research Center said that while most Americans still celebrate Christmas, few of them care that religious elements seem to receive less attention than in the past.


How the Fed Rate Increase Affects Your Mortgage, Car Loan and Credit Card Bill
Date: Thu, 14 Dec 2017 01:46:46 GMT
From https:
The fifth increase in the Federal Reserve benchmark interest rate since the financial crisis will have a ripple effect on all types of consumer borrowing.


Arrests of Reuters Reporters in Myanmar Add to Fears About Press Freedom
Date: Thu, 14 Dec 2017 04:27:15 GMT
From https:
The two journalists, accused of trying to obtain official documents illegally, could face up to 14 years in prison.


The Wall Street Journal: Russiaas Putin praises Trump in wide-ranging year-end press conference
Date: Thu, 14 Dec 2017 23:29:53 GMT
From marketwatch.com
Putin recently declared his candidacy for a fourth and final presidential term, which lent this annual ritual the air of a stump speech.


The Wall Street Journal: Business Insider drops abusinessa from company name
Date: Thu, 14 Dec 2017 23:20:18 GMT
From marketwatch.com
Businessinsider.com, the website dedicated to business, financial, tech and media news, among other topics, will not change its name in the rebrand, according to Chief Executive Henry Blodget.


Earnings Results: Oracle shares drop as cloud growth, outlook miss Street view
Date: Thu, 14 Dec 2017 22:56:14 GMT
From marketwatch.com
Oracle Corp. shares drop in the extended session Thursday as the enterprise software company misses Wall Street growth targets in its cloud-computing business that many analysts had warned were too optimistic, and fell even further following a disappointing forecast.


Key Words: Connecticutas Democratic senators and White Houseas Sanders offer remarks on Newtown anniversary
Date: Thu, 14 Dec 2017 22:50:26 GMT
From marketwatch.com
Massacre at Sandy Hook Elementary School in Connecticut on Dec. 14, 2012, left 20 six- and seven-year-olds and six school employees dead.


Market Extra: Permabear Albert Edwards warns stocks are as bloated as bitcoin
Date: Thu, 14 Dec 2017 22:21:16 GMT
From marketwatch.com
Albert Edwards, global strategist at SociA(c)tA(c) GA(c)nA(c)rale, thinks the S&P 500 and bitcoin are both bubbles.


CryptoWatch: Bitcoin futures slip below $17,000
Date: Thu, 14 Dec 2017 22:18:42 GMT
From marketwatch.com
U.S. bitcoin futures on Thursday close below $17,000 on a fourth full day of trading, while the spot price for the cryptocurrency moves higher.


Bond Report: Yield curve flattens further on growing expectation for Fed to raise rates
Date: Thu, 14 Dec 2017 22:08:55 GMT
From marketwatch.com
Long-dated yields fell, while short-dated yields rose, on Thursday after strong economic data but weak expectations for future inflation strengthened the outlook for an aggressive Federal Reserve


Market Extra: J.P. Morgan expects U.S. stocks to extend rally to test 3,000 in 2018
Date: Thu, 14 Dec 2017 22:05:09 GMT
From marketwatch.com
Tax reforms, a Goldilock economy, and strong fundamentals combined will again fuel double digit gains in the S&P 500, propelling the large cap index to 3000 by the end of 2018, according to J.P. Morgan.


Oracle forecasts Q3 cloud sales growth of 21%-25%, Street expected 42%
Date: Thu, 14 Dec 2017 22:27:55 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Oracle sees Q3 adjusted EPS of 68c-70c vs Street view of 72c
Date: Thu, 14 Dec 2017 22:23:26 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Oracle shares slide further, down 7% on outlook
Date: Thu, 14 Dec 2017 22:22:26 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Costco Q1 comparable sales rise 10.5%; e-commerce sales 43.5%
Date: Thu, 14 Dec 2017 21:19:09 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Costco fiscal Q1 sales $31.12 billion, total Q1 rev. $31.81 billion
Date: Thu, 14 Dec 2017 21:16:41 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Costco fiscal Q1 EPS $1.45 vs. expectations $1.33
Date: Thu, 14 Dec 2017 21:17:27 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Oracle shares slump 3% as cloud revenue misses Street view
Date: Thu, 14 Dec 2017 21:11:30 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Oracle Q2 total cloud revenue rises 44% to $1.52 bln
Date: Thu, 14 Dec 2017 21:05:00 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Oracle Q2 SaaS revenue rises 55% to $1.12 bln
Date: Thu, 14 Dec 2017 21:04:20 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Oracle adjusted Q2 EPS 70c vs 68c Street view
Date: Thu, 14 Dec 2017 21:02:49 GMT
From feeds.marketwatch
This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news.


Airbus CEO to exit in 2019: report
Date: Thu, 14 Dec 2017 23:54:22 GMT
From feeds.marketwatch

Airbus SE Chief Executive Tom Enders has told the board he will depart in 2019, The Wall Street Journal reported late Thursday. Airbus declined to comment on the changes, the Journal said. Fabrice BrA(c)gierand, the company's Chief Operating Officer will leave next year. Airbus faces turnover among senior executives as it is facing corruption allegations and other regulatory scrutiny in multiple countries including the U.S., France, U.K. and Germany, the Journal reported.

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.



Waste Management hikes dividend, OKs $1.25 billion in buybacks
Date: Thu, 14 Dec 2017 23:39:56 GMT
From feeds.marketwatch

Waste Management Inc. shares ticked higher in the extended session Thursday after the trash disposal and recycling company's board hiked the quarterly dividend 9.4% and approved share buybacks. Waste management shares rose 1% to $85.47 after hours. The company raised its quarterly dividend to 46.5 cents a share from 42.5 cents a share. Also, Waste Management said it plans to buy back up to $1.25 billion in shares with the plan to go into effect immediately.

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.



Jabil shares gain 4% after company reports better-than-expected earnings, sales
Date: Thu, 14 Dec 2017 21:44:10 GMT
From feeds.marketwatch

Shares of Jabil Inc. rose more than 4% late Thursday after the St. Peterburg, Fla., company reported fiscal 2018 first-quarter earnings and sales above Wall Street forecasts. Jabil said it earned $64 million, or 35 cents a share, in the quarter, compared with $87 million, or 47 cents a share, in the year-ago period. Adjusted for one-time items, the company earned 80 cents a share, compared with 69 cents a share a year ago. Revenue rose to $5.6 billion in the quarter, from $5.1 billion a year ago. Analysts polled by FactSet had expected adjusted earnings of 79 cents a share on sales of $5.5 billion. For the second quarter, Jabil said it expects revenue between $4.75 billion and $5.05 billion, and adjusted earnings of 50 cents to 74 cents a share. Jabil shares ended the regular trading session Thursday down 3.8%.

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.



Costco shares rise after retailer's Q1 earnings beat
Date: Thu, 14 Dec 2017 21:28:23 GMT
From feeds.marketwatch

Shares of Costco Wholesale Corp. rose 1.1% late Thursday after the retailer reported fiscal first-quarter per-share earnings and revenue above Wall Street estimates. Costco said it earned $640 million, o $1.45 a share, in the quarter, compared with $545 million, or $1.24 a share, in the year-ago period. Revenue rose to $31.81 billion, compared with $28.1 billion a year ago. Analysts polled by FactSet had expected earnings of $1.33 a share on revenue of $31.13 billion. Comparable-store sales rose 10.5%, and e-commerce sales rose 43.5%, Costco said. The stock ended the regular Thursday session down 0.9%.

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.



Oracle shares slump as earnings beat, but cloud growth misses Street view
Date: Thu, 14 Dec 2017 21:21:32 GMT
From feeds.marketwatch

Oracle Corp. shares declined in the extended session Thursday after the enterprise software company topped broader Wall Street estimates but fell short of the mark on cloud revenue estimates. Oracle shares fell 4% to $48.20 after hours. The company reported fiscal second-quarter net income of $2.23 billion, or 52 cents a share, compared with $2.03 billion, or 48 cents a share, in the year-ago period. Adjusted earnings were 70 cents a share. Revenue rose to $9.62 billion from $9.04 billion in the year-ago period, or to $9.63 billion from $9.07 billion adjusted. Analysts surveyed by FactSet had estimated earnings of 68 cents a share on revenue of $9.57 billion. Total cloud revenue rose 44% to $1.52 billion while software-as-a-service revenue grew 55% to $1.12 billion. Analysts had forecast total cloud revenue of $1.56 billion, and forecast SaaS revenue of $1.14 billion.

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.



Adobe shares rise after fourth-quarter earnings beat
Date: Thu, 14 Dec 2017 21:16:48 GMT
From feeds.marketwatch

Adobe Systems Inc. shares rose in the extended session Thursday after the software maker beat Wall Street sales and earnings expectations. Adobe stock rose 3.5% to $181.23 after hours. The company reported fiscal fourth-quarter net income of $501.6 million, or $1 a share, compared with $399.6 million, or 80 cents a share, in the year-ago period. Adjusted earnings were $1.26 a share. Revenue rose to $2.01 billion from $1.61 billion in the year-ago period. Analysts surveyed by FactSet had estimated adjusted earnings of $1.16 a share on revenue of $1.95 billion. For the first fiscal quarter of 2018, analysts model adjusted earnings of $1.25 a share on revenue of $2.04 billion. Adobe stock has gained 71% this year, with the S&P 500 index rising 19%.

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.



Russell 2000 closes down 1.1% on tax uncertainty
Date: Thu, 14 Dec 2017 21:07:15 GMT
From feeds.marketwatch

The Russell 2000 index of small capitalization shares fell sharply on Thursday, seeing a steeper drop than the overall market. The index fell 1.1%, its biggest one-day percentage decline since Nov. 7. The decline accelerated after a report that Senator Marco Rubio would vote against the Republican tax bill unless it includes a larger expansion of the child tax credit, which added to the uncertainty over the bill's prospects for passing. The Russell is seen as having a higher correlation with the prospects of tax reform, as small companies tend to pay higher rates than their larger, multinational peers. The S&P 500 closed down by 0.4% on Thursday while the Dow Jones Industrial Average ended off 0.3%. The Nasdaq Composite Index dipped 0.3%. Thus far this year, the Russell is up 11%, compared with the 18.5% gain of the S&P, and less than half the Dow's 24% advance.

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.



Dow snaps five-day winning streak as market takes a breather
Date: Thu, 14 Dec 2017 21:02:20 GMT
From feeds.marketwatch

The Dow Jones Industrial Average snapped a five-day winning streak Thursday with the market taking a breather after several record-breaking sessions. Materials and health care sectors topped the losses while consumer discretionary shares were the sole gainers. The Dow fell 67 points, or 0.3%, to close at 24,517. The S&P 500 dropped 10 points, or 0.4%, to end at 2,652 while the Nasdaq Composite Index shed 19 points, or 0.3%, to close at 6,856.

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 charges therapist with insider trading on confidential patient disclosures
Date: Thu, 14 Dec 2017 20:58:43 GMT
From feeds.marketwatch

The Securities and Exchange Commission filed charges in federal court in San Francisco on Thursday for insider trading against a licensed therapist, Kenneth Peer. Peer is charged with trading in the shares of Zulily, Inc. based on nonpublic information disclosed in confidence by his patient, a Zulily employee. During a session with the therapist, the patient revealed that Zulily would be acquired by Liberty Interactive Corp.. Peer used this material information to place illegal trades in Zulily securities before the acquisition was announced to the public. Zulily announced before the market opened on August 17, 2015 that it had agreed to be acquired by Liberty Interactive for $18.75 per share in a tender offer. Zulily stock rose by 49% from the previous day's close on the day of the announcement. Peer sold the Zulily securities that he had purchased before the announcement and reaped illegal profits of $10,228.11. Licensed counselors in the state of Washington are also bound by state laws, Washington Department of Health rules, and codes of ethics of their professional organizations to keep information shared by patients confidential.

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.



Health-care stock decline knocks Dow industrials lower
Date: Thu, 14 Dec 2017 19:47:49 GMT
From feeds.marketwatch

The Dow Jones Industrial Average was trading lower Thursday afternoon as health-care stocks pressured the main benchmarks. The Dow was down 54 points, or 0.2%, at 24,530, with shares of UnitedHealth Group Inc. and Johnson & Johnson, trading firmly in negative territory. The pair were among the worst performers of the Dow's 30 components. The S&P 500 index was off 9 points, or 0.4%, at 2,653, as the health-care sector also weighed on the overall index. A popular health-care exchange-traded fund, the Health Care Select Sector SPDR ETF , was down 1%. Bank stocks and materials contributed to the decline. Meanwhile, the Nasdaq Composite Index was off 0.3% at 6,857.

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.



Amazon again selling Apple TV and Google Chromecast
Date: Thu, 14 Dec 2017 19:36:28 GMT
From feeds.marketwatch

Amazon.com Inc. said Thursday that it is again selling streaming devices made by Apple Inc. and Alphabet Inc. . Amazon stock is up nearly 1% to $1,173.68 in afternoon trading. Amazon ceased selling the devices two years ago but last week announced that it would be offering its streaming video service on Apple TV. Last week Alphabet-owned Google pulled YouTube from several of Amazon's devices. "Given this lack of reciprocity, we are no longer supporting YouTube on Echo Show and Fire TV," a Google spokeswoman said last week. The company did not immediately return a request for comment about Amazon's decision. Amazon stock is up 56% this year, as the S&P 500 index has gained 19%.

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.



Mexico's peso strengthens as central bank raises interest rates
Date: Thu, 14 Dec 2017 19:13:56 GMT
From feeds.marketwatch

The Mexican peso rose against the U.S. dollar on Thursday, after Mexico's central bank, known as Banxico, lifted its overnight interest rate to 7.25% from 7% before, as expected. Mexico's high interest rate make it an attractive destination for investors looking for emerging-market exposure, while also being tied to the U.S. economy as its main trading partner. The peso began to rally halfway through the U.S. trading day, in anticipation of the rate hike, paring its losses and finally rising against the buck. One dollar last bought 18.9922 pesos, down about 0.1% from 18.9926 pesos late Wednesday.

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.



Rubio a 'no' on tax bill without larger expansion of child tax credit: report
Date: Thu, 14 Dec 2017 19:01:07 GMT
From feeds.marketwatch

Sen. Marco Rubio has told Senate leaders he'll vote against the Republican tax bill unless it includes a larger expansion of the child tax credit, according to the Washington Post. Rubio and fellow Republican Sen. Mike Lee have pushed a change to the credit that would allow millions more low-income families to take advantage of it.

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.



FCC votes to roll back Obama-era 'net neutrality' regulations
Date: Thu, 14 Dec 2017 18:15:59 GMT
From feeds.marketwatch

The Federal Communications Commission voted on Thursday to roll back internet rules known as net neutrality. The commission's three Republicans voted to end the rules, while its two Democrats voted against it. FCC Chairman Ajit Pai charges that the Obama-era regulations -- designed to prevent internet service providers from favoring certain sites or services - are "heavy handed." FCC Commissioner Mignon Clyburn, a Democrat, said the move was a "consumer-harming, corporate-enabling, destroying-internet-freedom order." Opponents of the reversal say it will allow providers to give preferential treatment to certain sites at a price. Legal challenges are expected.

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.



Texas Republican Blake Farenthold to retire from House amid sex-harassment allegations
Date: Thu, 14 Dec 2017 18:12:18 GMT
From feeds.marketwatch

WASHINGTON (MarketWatch) -- Congressman Blake Farenthold of Texas became the latest politician to leave office amid allegations of sexual harassment. The four-term Republican on Thursday released a short video in which he apologized and announced his decision not to seek re-election. At least four U.S. lawmakers from both parties have either announced their resignations or retirements after being accused recently of inappropriate behavior.

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FCC resumes considering net neutrality repeal after security orders break
Date: Thu, 14 Dec 2017 18:07:49 GMT
From feeds.marketwatch

The Federal Communications Commission resumed debating a repeal of "net neutrality" rules Thursday after security ordered a brief recess. Reports said there was a bomb threat but Chairman Ajit Pai did not announce a reason for the break when re-opening the meeting.

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Twitter surges toward 14-month high
Date: Thu, 14 Dec 2017 17:47:02 GMT
From feeds.marketwatch

Twitter shares jumped 4.7% in active midday trading toward a 14-month closing high, to outpace gains in its social media rivals and the broader technology sector. Volume topped 22.9 million shares, already well above the 30-day average of about 16.4 million shares, according to FactSet. The stock has now run up 32% since Twitter reported blowout third-quarter results in late October. Twitter is on pace to close at its highest level since Oct. 5, 2016. Among shares of other social media companies, Facebook Inc. gained 0.8%, Snap Inc. rose 1.5% and the technology-heavy Nasdaq 100 gained 0.3%. The S&P 500 was little changed.

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Snap launches new lens tool to boost engagement, entice advertisers
Date: Thu, 14 Dec 2017 16:28:35 GMT
From feeds.marketwatch

Snap Inc. announced a new app called Lens Studio on Thursday morning. Shares of the company rose 0.2% in morning trading. Lens Studio will give ordinary users and outside developers a chance to create augmented-reality lenses for the Snapchat app, a move that could increase engagement on the platform and generate more advertiser interest. The new Lens Studio app will give users templates and guides for making lenses, the Verge reported, though regular users will be limited to simply making lenses for the rear-facing camera. Snap is under pressure from investors to fend off competition from Facebook Inc. and better monetize its loyal base of users. Snap shares have fallen 5.9% from their March IPO price of $17. The S&P 500 has gained 12% in that time.

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Vantiv stock rises after Jefferies upgrades to buy
Date: Thu, 14 Dec 2017 16:03:18 GMT
From feeds.marketwatch

Shares of Vantiv Inc. rose 1.6% in Thursday morning trading after analysts at Jefferies upgraded the stock to buy from hold. The analysts, led by Ramsey El-Assal, are optimistic about the company's acquisition of Worldpay and its potential to improve Vantiv's business mix. "We believe that the most important investment consideration for acquirers is exposure to higher-growth digital and integrated distribution channels," they wrote, adding that Worldpay helps boost Vantiv's volume from these areas. The analysts also like that the deal reduces Vantiv's reliance on some more troubled segments, such as big-box retailers and department stores. They think the company is a potential beneficiary of tax reform as well. The firm's new price target of $94 is the second highest among 30 analysts covering the stock, according to FactSet. Vantiv shares are up 25% this year, compared with a 19% gain for the S&P 500 Index .

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S&P places Disney's A-plus rating on review for possible downgrade
Date: Thu, 14 Dec 2017 15:43:57 GMT
From feeds.marketwatch

S&P Global Ratings placed Walt Disney's Co.'s A-plus rating on CreditWatch negative Thursday, meaning it could downgrade the issuer in the near term. The move came after Disney said it was acquiring assets from 21st Century Fox Inc. for about $66 billion. The deal is expected to boost Disney's business and help it achieve strategic goals of improving its direct to consumer offerings and beefing up an already robust set of franchises, with additions such as X-Men, Fantastic Four and Avatar, as well as TV shows and sports programming, said S&P. "However, the acquisition will also likely increase adjusted leverage to the mid- to high-2x area depending on the final set of assets acquired, which will be well above our current 2x downside threshold for the rating," said S&P. "The CreditWatch placement reflects the uncertainty regarding the final terms and structure associated with Disney's acquisition of a portion of Fox's assets and the potential for some regulatory concessions that may be required to complete the deal." Disney's 2.950% notes that mature in June of 2027 were last trading at 99.385 cents on the dollar to yield 3.0255, or at a yield spread of 66 basis points over Treasurys, according to MarketAxess. The bonds were trading at 100.074 cents on the dollar on December 2, when the first reports that Disney and Fox were in talks emerged. The stock was down 0.1%, and has gained 20% in 2017, while the S&P 500 has gained 18% and the Dow Jones Industrial Average has gained 24%.

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EIA reports a slightly bigger-than-expected weekly decline in U.S. natural-gas supply
Date: Thu, 14 Dec 2017 15:37:15 GMT
From feeds.marketwatch

The U.S. Energy Information Administration reported Thursday that domestic supplies of natural gas fell by 69 billion cubic feet for the week ended Dec. 8. Analysts surveyed by S&P Global Platts forecast a decrease of 63 billion, while the five-year average withdrawal is 78 billion. Total stocks now stand at 3.626 trillion cubic feet, down 201 billion cubic feet from a year ago, and 27 billion cubic feet below the five-year average, the government said. January natural gas fell 3.5 cents, or 1.3%, to $2.68 per million British thermal units, little changed from before the data.

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Fitbit needs more product refreshes to drive growth: analyst
Date: Thu, 14 Dec 2017 15:21:28 GMT
From feeds.marketwatch

Shares of Fitbit Inc. fell 0.1% in Thursday morning trading, following a cautious report from analysts at Morgan Stanley. The analysts, led by Yuuji Anderson, found "continued inventory build" for the new Ionic smartwatch during their channel checks, causing the firm to take a "cautious" stance looking ahead to the first quarter. Though Fitbit launched the Ionic this fall, Morgan Stanley thinks that the company's older watch, the Blaze, might end up selling better during the holiday season. "We saw notably low inventory levels for the Blaze (almost two years old), and should that represent the next refresh opportunity, its success will depend on Fitbit's ability to continue expanding its sensor and software ecosystem," Anderson wrote. He added that Fitbit "will need more product refreshes to return to consistent growth in FY18." Fitbit shares have fallen 3.6% in 2017, compared with a 19% gain for the S&P 500 Index .

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Flash manufacturing PMI at 11-month high, while services PMI slips to 15-month low
Date: Thu, 14 Dec 2017 14:52:41 GMT
From feeds.marketwatch

So-called flash readings of manufacturing and services activity went in different directions in December. The flash U.S. manufacturing PMI rose to 55 from 53.9 in November, while the flash U.S. services activity index fell to 52.4 from 54.5. Any reading above 50 indicates improving conditions. A flash reading is based on 85%-90% of total PMI survey responses each month. Chris Williamson, chief business economist at IHS Markit, said the surveys point to an economy growing at annual rate of just over 2% in the fourth quarter.

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Casa Systems sets IPO terms, to sell 6 million shares at $13 a pop
Date: Thu, 14 Dec 2017 14:45:19 GMT
From feeds.marketwatch

Casa Systems Inc., a maker of broadband connectivity software and data services, set terms for its initial public offering on Thursday, saying in a regulatory filing that it plans to offer 6 million shares at $13 a pop. The company will use the $68.9 million in proceeds (after expenses) for working capital or general corporate purposes, including possible acquisitions. Shares will start trading later Thursday on Nasdaq, under the ticker symbol "CASA". Morgan Stanley, Barclays, Raymond James and Stifel were lead underwriters on the deal, with Macquarie Capital, Northland Capital Markets and William Blair acting as co-managers.

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Harry Potter publisher Scholastic profit, sales fall from a year ago
Date: Thu, 14 Dec 2017 14:42:25 GMT
From feeds.marketwatch

Scholastic Corp. , which publishes the "Harry Potter" series of books, reported fiscal second-quarter net income that fell to $57.1 million, or $1.60 a share, from $67.9 million, or $1.92 a share, in the same period a year ago. Excluding non-recurring items, adjusted earnings per share came to $1.92, which compares with the estimate of one analyst surveyed by FactSet of $1.75 a share. Revenue declined to $598.3 million from $623.1 million, below the analyst's estimate of $601.4 million. Children's book and publishing and distribution revenue fell to $411.8 million from $432.5 million, which was expected given the release of "Harry Potter and the Cursed Child, Parts One and Two" and "Fantastic Beasts and Where to Find ThemaC/: The Original Screenplay" a year ago, which was partially offset by the release of "Harry Potter and the Prisoner of Azkaban: The Illustrated Edition" this year. The company affirmed its fiscal 2018 revenue outlook of $1.65 billion to $1.70 billion and ongoing EPS outlook of $1.20 to $1.30. The stock, which rose 0.6% in morning trade, has lost 10.6% year to date, while the S&P 500 has gained 19.1%. (This replaces a previous item that incorrectly reported the 2018 revenue outlook.)

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Disney-21st Century Fox deal to form box-office powerhouse that's 'hounded' by regulators: analyst
Date: Thu, 14 Dec 2017 14:38:46 GMT
From feeds.marketwatch

Walt Disney Co.'s deal to buy 21st Century Fox Inc. could create box-office powerhouse, said analyst Rich Tullo of Midtown Partners & Co., and also helps add content to Disney's over-the-top (OTT) initiative. Tullo said that, although he doesn't cover either company on a research basis, from the perspective of 2017 box office to date, a combined Disney and Fox looks like "an NBA superteam" on paper. He said nine out of the top 20 box-office hits so far this year were produced by either Fox or Disney, and once Disney's "Star Wars: The Last Jedi" is released, it will likely be 10 out of 20. "Merging the media assets of 21st Century Fox and Disney is a lot like the story of the fox and the hound," Tullo wrote in a note to clients. "[T]he combined assets will be better able to schedule blockbusters, have much greater pricing power with SVOD services, MVPDS and in negotiating media ad buys." The bad news, Tullo said, is that "we think a combined company could be hounded by regulatory, union and consumer pushback." 21st Century Fox's stock rose 0.5% in morning trades as Disney shares climbed 0.8%. In comparison, the Dow Jones Industrial Average was up 0.3%.

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U.S. stocks open higher as market eyes Disney-Fox megadeal
Date: Thu, 14 Dec 2017 14:32:43 GMT
From feeds.marketwatch

U.S. equities opened higher Thursday as investors digested the news of a Walt Disney Co. purchase of parts of 21st Century Fox for $52.4 billion in stock. The megadeal includes Twentieth Century Fox's film and television studio and its cable TV businesses. The S&P 500 rose 2 points, or 0.1%, to 2,665, while the Dow Jones Industrial Average climbed 54 points, or 0.2%, to 24,640. The Nasdaq Composite Index added 11 points, or 0.2%, to 6,887.

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.



PayPal stock rises as analyst cheers Venmo opportunities
Date: Thu, 14 Dec 2017 14:24:47 GMT
From feeds.marketwatch

Shares of PayPal Holdings Inc. gained 0.5% in premarket trading Thursday after an analyst at KeyBanc Capital Markets named the payment-processor a "key idea" for 2018. KeyBanc's Josh Beck is upbeat on the company's efforts to monetize its Venmo peer-to-peer payment platform by letting users pay for e-commerce items using the Venmo app. " The Pay with Venmo opportunity brings in incremental customers with higher profit margins and is well positioned to scale," he wrote in a note to clients Wednesday. Beck has a $90 price target on PayPal shares. His other "key idea" in payments is Vantiv Inc. , as he sees opportunities for the company to drive better-than-expected synergies from its Worldpay deal. PayPal shares have gained 88% so far in 2017, while Vantiv's stock is up 23%. The S&P 500 also rose 23% in that time.

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Nucor's stock drops after downbeat profit outlook
Date: Thu, 14 Dec 2017 14:12:01 GMT
From feeds.marketwatch

Shares of Nucor Corp. dropped 2.4% in premarket trade Thursday, after the steelmaker provided a downbeat profit outlook for the fourth quarter, citing the continued negative impacts of imports. The company said it expects earnings per share of 50 cents to 55 cents, excluding impacts of federal tax legislation. The FactSet EPS consensus was 76 cents, up from 34 cents a year ago. Nucor said through the first 10 months of 2017, total steel imports have increased 19.4% from the same period last year, and accounted for a 28% share of the U.S. market. The company said it was encouraged by the progress made in the prosecution of trade cases, but said the process was still slower than what it feels is appropriate. The stock has tacked on 3.9% year to date through Wednesday, while the SPDR Materials Select Sector ETF has climbed 20% and the S&P 500 has gained 19%.

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.



Micron stock rises after MKM says 'favorable supply/demand environment' to continue
Date: Thu, 14 Dec 2017 14:00:34 GMT
From feeds.marketwatch

Shares of Micron Technology Inc. rose 0.9% in premarket trading Thursday after an analyst at MKM Partners raised his price target to $54 from $52, citing "largely favorable" memory trends. MKM's Ruben Roy also raised his 2018 earnings estimates given strong server demand and a better mobile landscape. He thinks average selling prices for DRAM will rise 5% in the November quarter and 3% in the January quarter. "We believe that the continued favorable supply/demand environment will extend into 2018 and this, coupled with continued cost reduction catalysts specific to Micron, should ultimately yield multiple expansion," he wrote. Micron reports results for its November quarter on Tuesday, Dec. 19, after the market close. Micron shares have gained 92% so far in 2017, while the Philadelphia Semiconductor Index is up 36% and the S&P 500 Index is up 19%.

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.



The Wall Street Journal: Russiaas Putin praises Trump in wide-ranging year-end press conference
Date: Thu, 14 Dec 2017 23:29:53 GMT
From feeds.marketwatch
Putin recently declared his candidacy for a fourth and final presidential term, which lent this annual ritual the air of a stump speech.


Earnings Results: Oracle shares drop as cloud growth, outlook miss Street view
Date: Thu, 14 Dec 2017 22:56:14 GMT
From feeds.marketwatch
Oracle Corp. shares drop in the extended session Thursday as the enterprise software company misses Wall Street growth targets in its cloud-computing business that many analysts had warned were too optimistic, and fell even further following a disappointing forecast.


The Wall Street Journal: Facebook changes video ads amid publisher concerns
Date: Thu, 14 Dec 2017 20:19:00 GMT
From feeds.marketwatch
Facebook is revamping its video-ad strategy as publishers express frustration over their inability to earn significant money from videos on the social network.


Whatas at stake for consumers with the end of anet neutralitya
Date: Thu, 14 Dec 2017 19:15:35 GMT
From feeds.marketwatch
What does the aopen interneta mean? Hereas why you should care.


aWeare a queer aGame of Thrones!aa How aTransparenta became Amazonas longest-running series
Date: Thu, 14 Dec 2017 19:07:25 GMT
From feeds.marketwatch
Genre-bending show is resolutely anti-Trump and pro-gender fluidity


Costco offering members MoviePass and streaming Fandor service for $89.99 a year
Date: Thu, 14 Dec 2017 18:56:05 GMT
From feeds.marketwatch
Cinema subscription service MoviePass and streaming service Fandor are teaming up with Costco Wholesale Corp. to offer its members a special one-year plan priced at $89.99 that will give subscribers access to Fandoras library and MoviePassas cinema plan.


Most of the top audiobooks of 2017 are decades old
Date: Thu, 14 Dec 2017 18:43:57 GMT
From feeds.marketwatch
Audible released the top 20 listens of the year.


The Wall Street Journal: Russiaas Putin praises Trump in wide-ranging year-end press conference
Date: Thu, 14 Dec 2017 23:29:53 GMT
From feeds.marketwatch
Putin recently declared his candidacy for a fourth and final presidential term, which lent this annual ritual the air of a stump speech.


Earnings Results: Oracle shares drop as cloud growth, outlook miss Street view
Date: Thu, 14 Dec 2017 22:56:14 GMT
From feeds.marketwatch
Oracle Corp. shares drop in the extended session Thursday as the enterprise software company misses Wall Street growth targets in its cloud-computing business that many analysts had warned were too optimistic, and fell even further following a disappointing forecast.


How you can profit from Appleas move into lasers
Date: Thu, 14 Dec 2017 20:44:41 GMT
From feeds.marketwatch
Finisar and Lumentum, whose stocks are volatile, nevertheless have a bright future, says Nigam Arora.


The Wall Street Journal: Facebook changes video ads amid publisher concerns
Date: Thu, 14 Dec 2017 20:19:00 GMT
From feeds.marketwatch
Facebook is revamping its video-ad strategy as publishers express frustration over their inability to earn significant money from videos on the social network.


Deep Dive: These 3 stock screens can help find value amid a boom in U.S. housing shares
Date: Thu, 14 Dec 2017 19:25:33 GMT
From feeds.marketwatch
Shares of home builders have run ahead of a strong stock market, but a housing shortage could mean thereas more to come.


Elliott Management seeks ouster of Hess CEO
Date: Thu, 14 Dec 2017 22:22:41 GMT
From feeds.marketwatch
Elliott Management Corp. is readying for a potential new fight with Hess Corp., hoping to either remove John B. Hess, its billionaire second-generation chief executive, or push him to consider selling all or part of the energy company.


Market Extra: Permabear Albert Edwards warns stocks are as bloated as bitcoin
Date: Thu, 14 Dec 2017 22:21:16 GMT
From feeds.marketwatch
Albert Edwards, global strategist at SociA(c)tA(c) GA(c)nA(c)rale, thinks the S&P 500 and bitcoin are both bubbles.


CryptoWatch: Bitcoin futures slip below $17,000
Date: Thu, 14 Dec 2017 22:18:42 GMT
From feeds.marketwatch
U.S. bitcoin futures on Thursday close below $17,000 on a fourth full day of trading, while the spot price for the cryptocurrency moves higher.


Bond Report: Yield curve flattens further on growing expectation for Fed to raise rates
Date: Thu, 14 Dec 2017 22:08:55 GMT
From feeds.marketwatch
Long-dated yields fell, while short-dated yields rose, on Thursday after strong economic data but weak expectations for future inflation strengthened the outlook for an aggressive Federal Reserve


Currencies: Dollar index clings to gains, while post-ECB euro sells off
Date: Thu, 14 Dec 2017 22:04:03 GMT
From feeds.marketwatch
The U.S. dollar strengthened into the end of the session on Thursday, propped up by better-than-expected economic data and helped by an ailing euro that sold off after the European Central Bankas inflation forecast for 2020 failed to meet some analystsa expectations.


In One Chart: The last time stocks were this quiet was the year the Beatles went on Ed Sullivan
Date: Thu, 14 Dec 2017 20:47:43 GMT
From feeds.marketwatch
For a U.S. stock-market investor, the most remarkable thing that happened in 2017 may have been the fact that so little happened, at least from the point of what used to be normal day-to-day fluctuations.


Market Extra: Bitcoin investors expect even better returns next year
Date: Thu, 14 Dec 2017 20:39:32 GMT
From feeds.marketwatch
Current bitcoin investors, armed with gigantic gains, expect even better returns next year, according to a survey by LendEDU, a marketplace for private loans


Capitol Report: Banks are still not passing on higher Fed rates to savers
Date: Thu, 14 Dec 2017 20:05:08 GMT
From feeds.marketwatch
A number of major banks, including Citi, J.P. Morgan Chase and PNC, announced right after the Federal Reserve made their fifth rate hike of the cycle that they would be increasing their prime lending rates. None of them said they lifting the interest rates theyare paying to depositors.


Shortage of drivers puts brakes on OcadoA
Date: Thu, 14 Dec 2017 21:51:40 +0000
From www.dailymail.co
Ocado said a lack of drivers in the South East had hit sales growth in the 14 weeks to December 3. However, it added that the issue was now mostly rectified. Half of Ocadoas 12,000 staff are drivers.


ALEX BRUMMER: Rupert Murdoch hogs centre stage
Date: Thu, 14 Dec 2017 21:51:19 +0000
From www.dailymail.co
Sounding as enthusiastic as ever about continued ownership of Fox News and its sports rights, the 86-year-old curmudgeon made it clear he would be continuing to run New Fox.


Sky to fall into US hands as Disney bids APS39bn for Fox
Date: Thu, 14 Dec 2017 21:51:15 +0000
From www.dailymail.co
In the biggest tie-up in Tinseltown for almost a century, Disney will take control of all of Foxas film franchises from Avatar to the X-Men, as well as TV networks.


Four Seasons strikes deal to defer APS26m interest payment
Date: Thu, 14 Dec 2017 21:51:11 +0000
From www.dailymail.co
The chain, which is home to 17,000 vulnerable and elderly residents and employs 25,000 people, struck a deal with US hedge fund H/2 Capital Partners yesterday after weeks of bitter talks.


Owner of cracked North Sea pipeline invokes get-out clause
Date: Thu, 14 Dec 2017 21:51:07 +0000
From www.dailymail.co
On Monday, Ineos closed its Forties Pipeline System, which transports 40 per cent of oil and gas from the North Sea to the UK mainland, after finding a fracture in a pipe south of Aberdeen.


Watchdog's secret bid to sell off HBOS
Date: Thu, 14 Dec 2017 21:51:03 +0000
From www.dailymail.co
Lloyds bought the tainted lender in a 2008 mega-deal but HBOS was so toxic it almost destroyed both banks, which forced the Government to step in with a APS20.5bn bailout.


CITY DIARY: Ex-General Electric boss has spare private jet
Date: Thu, 14 Dec 2017 21:50:59 +0000
From www.dailymail.co
The saga is providing plenty of laughs on Wall Street, if not with shareholders, though is sadly indicative of the once-mighty firm's rapid decline.


Tiny Rowland's scandal hit miner sold for APS285mA
Date: Thu, 14 Dec 2017 21:50:55 +0000
From www.dailymail.co
Lonmin, the world's third-biggest platinum producer, led for years by controversial businessman Rowland, has seen shares plunge more than 90 per cent over the past five years.


Laundry firms fined by Competition and Markets Authority
Date: Thu, 14 Dec 2017 21:50:51 +0000
From www.dailymail.co
Under their agreement, Micronclean would serve customers north of a line drawn between London and Anglesey, while Berendsen Cleanroom Services sought clients to the south of it.


DAILY BRIEFING: Gupta teams up with Atlantis Resources
Date: Thu, 14 Dec 2017 21:50:46 +0000
From www.dailymail.co
Atlantis Resources is buying the Uskmouth power station in Wales from Guptaas Simec Energy, which will get a 49.99 per cent share in Atlantis in return.


MARKET REPORT: Capita is hammered by public sector squeeze
Date: Thu, 14 Dec 2017 21:50:07 +0000
From www.dailymail.co
Capita said the market for major business contracts had been struggling throughout 2017 and profits would rise only moderately in the second half of the year.


Cars, aircraft and drugs lead British manufacturing
Date: Thu, 14 Dec 2017 17:34:52 +0000
From www.dailymail.co
Soaring sales of motor vehicles drove the British manufacturing sector in 2016 as sales of UK products rose 1.8 per cent, official data revealed today.


Watchdog: 'You can share online banking passwords safely'
Date: Thu, 14 Dec 2017 17:24:17 +0000
From www.dailymail.co
Your bank cannot hold you responsible for unauthorised transactions just because you have shared your credentialsA with regulated providers under open banking.


Nicola Sturgeon imposes a 'tartan tax'
Date: Thu, 14 Dec 2017 17:22:48 +0000
From www.dailymail.co
The plans create a new tax band of 21p on earnings between APS24,000 and APS44,273, and increase the higher and top rate of income tax to 40p and 46p respectively.


Taxman goes for a curry to snare tax-evading restaurant
Date: Thu, 14 Dec 2017 17:04:45 +0000
From www.dailymail.co
Monir Miah was jailed for two years after admitting to lying about his takings from The Crown of India, in Stone, Staffordshire, and falsifying VAT repayment claims.


Bank of England leaves interest rates unchanged at 0.5%
Date: Thu, 14 Dec 2017 14:07:07 +0000
From www.dailymail.co
All nine Bank of England policymakers voted to leave interest rates unchanged today as they said inflation should start easing back next year.


Winter driving essentials you need to carry in your car
Date: Thu, 14 Dec 2017 12:44:34 +0000
From www.dailymail.co
From warm clothing, spare boots, a road atlas and snacks - these are the things you need to keep in the boot or the back seat of your vehicle to make sure you're ready for a snowed-in situation.


Ashley boasts 'spectacular' growth but profits down 67%
Date: Thu, 14 Dec 2017 12:43:57 +0000
From www.dailymail.co
Ashley claimed a aspectacular trading performancea, but the sports retailer saw profits plunge by 67 per cent to APS45.8million in the 26 weeks to October 29.


Rics says house prices flat for first time in five years
Date: Thu, 14 Dec 2017 12:41:49 +0000
From www.dailymail.co
House prices were flat for the first time in nearly five years during the last three months, according to the latest influential monthly Royal Institution of Chartered Surveyors survey.


Rics says house prices flat for first time in five years
Date: Thu, 14 Dec 2017 12:41:49 +0000
From www.dailymail.co
House prices were flat for the first time in nearly five years during the last three months, according to the latest influential monthly Royal Institution of Chartered Surveyors survey.


Millennials spend APS1m on renting during their lifetime
Date: Thu, 14 Dec 2017 12:40:18 +0000
From www.dailymail.co
A new generation of lifetime renters is emerging, and they are expected to spend APS1,1million on rental payments if they fail to get onto the property ladder.


The easy route to passive investing and some funds to pick
Date: Thu, 14 Dec 2017 12:16:15 +0000
From www.dailymail.co
A lot has been written about passive investing, its simplicity and its merits but just how simple can you make it?


Capita shares down 14% as group warns of fewer contracts
Date: Thu, 14 Dec 2017 12:01:35 +0000
From www.dailymail.co
Capita warned of a subdued outsourcing market but still expects underlying profits to rise in the second half of the year.


Homes that an average UK first-time buyer could afford
Date: Thu, 14 Dec 2017 11:22:57 +0000
From www.dailymail.co
We pick 10 properties around the country that the average first-time buyer with a budget of APS165,000 budget can afford to buy.


Carphone boss: Customers won't pay APS1,000 for iPhone X
Date: Thu, 14 Dec 2017 10:47:33 +0000
From www.dailymail.co
Carphone Warehouse, which is owned by the group, has over 700 shops on the UK high street and is considered to be Britain's biggest mobile phone retailer.


Ocado blames 'driver shortage' for sales slowdown
Date: Thu, 14 Dec 2017 09:57:58 +0000
From www.dailymail.co
Ocado's driver shortage news followed reports that lorry drivers have seen pay rise by 20 per cent, as a growing shortage hits companies battling to keep shelves stocked.


How long will your Christmas gift cards last?
Date: Thu, 14 Dec 2017 09:45:55 +0000
From www.dailymail.co
Research shows retailers pocket up to APS300 million a year from cards that customers fail to spend before they become worthless, as expiry dates kick in. We reveal how long they last.


Will paying extra 1% into pension improve my retirement?
Date: Thu, 14 Dec 2017 09:05:49 +0000
From www.dailymail.co
Would it actually make any difference to my retirement if I upped my pension contributions? William Burrows of Better Retirement, pictured, explains how much it would add to your pot.


McLaren's APS750k Senna hypercar is tribute to F1 legend
Date: Thu, 14 Dec 2017 08:45:08 +0000
From www.dailymail.co
The McLaren Senna has been named after the late three-time Formula One champion with some of the proceeds of its APS750,000 price tag going to his charity to support underprivileged children.


Millions of Britons suffer 'mid-life savings crisis'
Date: Thu, 14 Dec 2017 07:48:28 +0000
From www.dailymail.co
Eighteen per cent of workers in their 50s and 60s are unable to save anything for their retirement, as the cost of living continues to rise and wage growth stumbles.


Disney to Acquire Fox Assets in Big Bet on Video Streaming
Date: Thu, 14 Dec 2017 17:13:35 EST
From https:
Walt Disney agreed to buy select assets of 21st Century Fox for $52.4 billion in stock as it moves to bolster its streaming and television businesses in a changing media landscape.

Oracle Shares Fall on Cloud Forecast
Date: Thu, 14 Dec 2017 18:41:14 EST
From https:
Oracle Corp.'s stock sank after hours following news that the growth of its cloud-computing business in the current quarter would fall below expectations.

Facebook Overhauls Video-Ad Strategy
Date: Thu, 14 Dec 2017 19:24:01 EST
From https:
The social-media company is changing its video-ad strategy again, potentially amplifying tensions with many publishers who were already frustrated with their inability to earn significant money from videos posted on the platform.

FCC Approves Rollback of Net Neutrality
Date: Thu, 14 Dec 2017 18:20:50 EST
From https:
The Federal Communications Commission on Thursday rolled back far-reaching rules governing how internet-service providers treat traffic on their networks, a move that is likely to empower cable and wireless providers and transform consumers' online experience.

Teva Pharma to Cut 14,000 Jobs as Generic-Drug Business Suffers
Date: Thu, 14 Dec 2017 15:35:10 EST
From https:
Teva Pharmaceutical is cutting more than 25% of its workforce and suspending its dividend as it works to cut costs and pay down debt.

Americans Are Spending More Than Expected as Holiday Season Heats Up
Date: Thu, 14 Dec 2017 19:49:49 EST
From https:
Americans are spending more this holiday season than analysts expected, fueled by income gains, confidence in the economic outlook, buoyant financial markets and modest inflation.

As Fed Tightens, Europe Hangs Loose
Date: Thu, 14 Dec 2017 14:47:03 EST
From https:
Central banks in Europe showed continued caution about the region's economic recovery, signaling that they are in no rush to follow the Federal Reserve in steadily raising interest rates.

The Fed Isn't the Tax Cut's Enemy
Date: Thu, 14 Dec 2017 14:41:33 EST
From https:
Comments by Federal Reserve officials suggest they aren't standing in the way of any boost that the Republicans' $1.4 trillion tax cut delivers.

Several GOP Senators Press for Late Changes in Tax Bill
Date: Thu, 14 Dec 2017 19:12:40 EST
From https:
Several Republican senators, including Marco Rubio, expressed last-minute doubts about the tax plan in Congress, possibly an attempt to strengthen their negotiating positions before final votes planned for next week.

A Christmastime Tax Cut for Some, a Lump of Coal for Others
Date: Thu, 14 Dec 2017 15:33:27 EST
From https:
Republicans plan to turn their tax overhaul into law next week, giving many businesses a cut while removing some benefits for others and adding to the nation's budget deficit.

Next Up for Westfield's Lowy Family: Blurring Retail Lines
Date: Thu, 14 Dec 2017 19:33:09 EST
From https:
Fresh off the announced sale of its shopping-mall empire in the U.S., the Lowy family is making a new bet on the future of retail: that the distinction between online and bricks-and-mortar shopping will disappear.

Business Insider Inc. Drops 'Business' From Its Name
Date: Thu, 14 Dec 2017 09:49:30 EST
From https:
In January, the company will begin doing business as Insider Inc., doubling down on its plan to create new coverage verticals on social media and elsewhere.

Canada's CEOs Warn Government on Trade Policy
Date: Thu, 14 Dec 2017 17:37:06 EST
From https:
Canada's most prominent business leaders are 'deeply concerned' by setbacks to diversify trade in Asia in the face of uncertainty over Nafta, according to a letter their lobbyist sent to Finance Minister Bill Morneau.

Fed Raises Rates, Sticks to Forecast for 2018 Increases
Date: Thu, 14 Dec 2017 12:05:24 EST
From https:
The Federal Reserve said it would raise short-term interest rates for the third time this year and remained on track to chart a similar path next year, signaling continuity as the central bank enters a leadership reshuffle.

Fed Should Improve Orientation for New Governors, Report Finds
Date: Thu, 14 Dec 2017 13:00:00 EST
From https:
The Federal Reserve could do a better job at showing the ropes to new members of its board of governors, the central bank's Office of Inspector General said.

From German Faucets to Italian Chocolate, Trade Barriers Are Rising Again in Europe
Date: Thu, 14 Dec 2017 10:12:37 EST
From https:
The rise of economic nationalism is clashing with the open-market ideals of the EU's original founders. Member states, including France and some in the east, are introducing new rules to favor domestic production and labor.

Your Passion for Fancy Vanilla Ice Cream Is Creating World-Wide Havoc
Date: Thu, 14 Dec 2017 16:40:49 EST
From https:
With the price skyrocketing, farmers in Madagascar, the industry's epicenter, are sleeping in their fields, hiring guards; 'there are many vanilla thieves here'

China's Tech Startup Funding: The Wild West in the Far East
Date: Thu, 14 Dec 2017 06:52:02 EST
From https:
David Su's Matrix Partners China has nurtured 20 unicorns--startups valued at $1 billion or more. But he's anxious that there's now too much capital chasing too few worthy ideas.

Sinclair-Tribune Deal Likely to Get Justice Department's Approval
Date: Thu, 14 Dec 2017 18:55:55 EST
From https:
The Justice Department has signaled it is willing to grant approval to Sinclair Broadcast Group Inc.'s planned takeover of Tribune Media Co., but it wants the companies to sell off roughly a dozen television stations.

No Sequel to 'Massacre at the Shopping Mall'
Date: Thu, 14 Dec 2017 13:26:49 EST
From https:
Amazon didn't stop retailers' Christmas from coming. Somehow or other, it came just the same.

Fox Gives Disney Muscle for Next Net Fight
Date: Thu, 14 Dec 2017 13:18:33 EST
From https:
Getting bigger as Disney is doing gives it improved leverage to negotiate favorable distribution terms with cable and wireless companies, which stand to gain by the rollback of net neutrality.

How to Tell If Disney Is Getting Fox for a Good Price
Date: Thu, 14 Dec 2017 12:19:09 EST
From https:
Rupert Murdoch is selling out to Disney and getting a fairy-tale ending. Disney shareholders shouldn't be too worried about overpaying though.

China Still Fears the Fed
Date: Thu, 14 Dec 2017 03:23:48 EST
From https:
Markets had largely stopped worrying about capital outflows from China. The People's Bank of China's rate increase shows that may be a mistake.

Stop Worrying About the Flattening Yield Curve
Date: Thu, 14 Dec 2017 10:55:28 EST
From https:
Economists are generally hopeless at forecasting recessions. By contrast, the U.S. yield curve has a formidable record, so the narrowing gap between two- and 10-year yields grabs attention. It isn't the only number that matters, though.

Steinhoff's Sleepy Board Needs Clearing Out
Date: Thu, 14 Dec 2017 05:50:22 EST
From https:
More heads need to roll if Steinhoff International is to regain credibility after its accounting scandal. The situation can't be resolved by the regime that failed to spot it.

Disney's Fox Deal Is Bet on the World
Date: Thu, 14 Dec 2017 08:09:38 EST
From https:
Despite a global brand and some glitzy theme parks in Europe and Asia, Disney remains a quintessentially American company. After its deal with 21st Century Fox, Disney will be much more a citizen of the world.

Why Apple Is Chipping In on Finisar
Date: Thu, 14 Dec 2017 01:01:29 EST
From https:
Apple is awarding $390 million to Finisar, which makes the key components in the types of 3-D sensing arrays that Apple uses in its iPhone X to scan the user's face.

FCC Approves Rollback of Net Neutrality
Date: Thu, 14 Dec 2017 18:20:50 EST
From https:
The Federal Communications Commission on Thursday rolled back far-reaching rules governing how internet-service providers treat traffic on their networks, a move that is likely to empower cable and wireless providers and transform consumers' online experience.

Oracle Shares Fall on Cloud Forecast
Date: Thu, 14 Dec 2017 18:41:14 EST
From https:
Oracle Corp.'s stock sank after hours following news that the growth of its cloud-computing business in the current quarter would fall below expectations.

Facebook Overhauls Video-Ad Strategy
Date: Thu, 14 Dec 2017 19:24:01 EST
From https:
The social-media company is changing its video-ad strategy again, potentially amplifying tensions with many publishers who were already frustrated with their inability to earn significant money from videos posted on the platform.

China's Tech Startup Funding: The Wild West in the Far East
Date: Thu, 14 Dec 2017 06:52:02 EST
From https:
David Su's Matrix Partners China has nurtured 20 unicorns--startups valued at $1 billion or more. But he's anxious that there's now too much capital chasing too few worthy ideas.

Parents Beware: That Videogame Under the Tree Wants More Money
Date: Thu, 14 Dec 2017 19:04:06 EST
From https:
This holiday season, children firing up new videogames will encounter one of the industry's most contentious moneymaking tactics in years: the "loot box," an in-game reward that is also for sale.

Pandora to Offer Free, On-Demand Music With Ads
Date: Thu, 14 Dec 2017 12:32:00 EST
From https:
Pandora Media is taking another step in the direction of rival Spotify as it grapples with declining usage and advertising revenue.

How Language in Job Listings Could Widen Silicon Valley's Gender Divide
Date: Thu, 14 Dec 2017 12:06:17 EST
From https:
Use of certain phrases like "whatever it takes" or "tackle" in job postings could affect who applies for tech jobs, possibly contributing to the lopsided gender makeup of the industry, new research suggests.

T-Mobile to Launch Pay-TV Service
Date: Thu, 14 Dec 2017 06:56:28 EST
From https:
T-Mobile US Inc. is launching a paid television service after it acquired a startup aimed at the high-end video market.

Two Former FCC Commissioners Debate Net Neutrality
Date: Thu, 14 Dec 2017 08:58:15 EST
From https:
Michael Copps, who served on the commission as a Democrat, bemoans the demise of net neutrality rules, while Republican Robert McDowell says their end will benefit internet users.

Initial Coin Offerings Surge Past $4 Billion---and Regulators Are Worried
Date: Thu, 14 Dec 2017 15:08:52 EST
From https:
Money raised from initial coin offerings has surged past $4 billion for the first time, even as regulators world-wide have escalated warnings about the new form of corporate funding.

With Traffic Flowing, Netflix Steps Back from Fight Over Internet Rules
Date: Thu, 14 Dec 2017 00:57:00 EST
From https:
Netflix helped spark the debate over net neutrality three years ago by raising concerns about how its internet traffic was being handled. But as the U.S. government prepares to repeal the rules on Thursday, the video giant has been less vocal on a key issue.

A Surprising Art-Driven Tour in the Deep South
Date: Thu, 14 Dec 2017 12:18:34 EST
From https:
Rural Georgia produced a bumper crop of eccentric Outsider artists. See their work in the wild on trippy day trips from Atlanta.

'In the Beginning: Minor White's Oregon Photographs' Review: Committing Himself to Portland
Date: Thu, 14 Dec 2017 18:59:57 EST
From https:
A turning point in the artist's career, as he synthesized his admiration for a few early modernist masters into a style of his own.

Is the Sky Falling in Pro Cycling?
Date: Thu, 14 Dec 2017 17:20:35 EST
From https:
An abnormal drug test for cyclist Chris Froome deals a blow to a sport that doesn't need another.

Wrigley's Mansions Across America
Date: Thu, 14 Dec 2017 16:26:42 EST
From https:
The chewing-gum tycoon's portfolio included grand estates, ranches and a string of summer cottages--properties that today would be worth tens of millions of dollars.

The Wealthiest Corner of the Netherlands
Date: Thu, 14 Dec 2017 11:06:19 EST
From https:
Bloemendaal, situated between the North Sea and Amsterdam, offers a variety of lifestyles, thatched-roof mansions and bike rides to the beach.

Spanking for Misbehavior? It Causes More
Date: Thu, 14 Dec 2017 12:17:00 EST
From https:
A big new study finds a clear negative effect

'L'Accident' Review: Road to Ruin
Date: Thu, 14 Dec 2017 16:06:14 EST
From https:
Acorn TV's six-part thriller looks at a down-on-its-luck town and the mystery surrounding a deadly car crash.

'The Children' Review: Living in the Shadow of the Meltdown
Date: Thu, 14 Dec 2017 16:50:27 EST
From https:
Lucy Kirkwood's play, set in England following a nuclear disaster, is gently probing and eccentrically unsettling.

Get $4,900 Worth of Chanel Cachet for $625
Date: Thu, 14 Dec 2017 18:26:28 EST
From https:
Not flush enough to invest in a designer bag? Snag your favorite label's signature look with thriftier (and sparklier) costume-jewelry pieces.

Oceanfront Pebble Beach Home Asks $29.75 Million
Date: Thu, 14 Dec 2017 09:42:07 EST
From https:
Located near both the Lodge at Pebble Beach and the 18th fairway of the Pebble Beach Golf Links, the property is one of the priciest in the area.

Glass Floors: A Thrilling---But Pricey---Way to Let in the Light
Date: Thu, 14 Dec 2017 11:44:40 EST
From https:
They're expensive, slippery and vulnerable to scratches. Still, glass floors can be an exciting way to open sight lines and brighten up a home.

Exclusive: Guggenheim Partners working to quell investor concern about management
Date: Thu, 14 Dec 2017 14:03:52 -0500
From feeds.reuters
NEW YORK (Reuters) - Top executives at asset manager and investment bank Guggenheim Partners LLC are working to quell clients' concerns about the fate of their chief executive officer and about an...


Do not expect postcard-sized tax return from Republican plan: experts
Date: Thu, 14 Dec 2017 08:23:19 -0500
From feeds.reuters
WASHINGTON (Reuters) - Since mid-2016, U.S. House Speaker Paul Ryan has carried around a "postcard" that he has said shows how easy it will be for Americans to file their taxes once Republicans are...


Column: New U.S. state retirement plans are welcome, but why so expensive?
Date: Thu, 14 Dec 2017 09:31:45 -0500
From feeds.reuters
CHICAGO (Reuters) - Next month, Oregon will become the first U.S. state to start automatically signing up workers to save for retirement if they do not already have a workplace 401(k).


Vivienne Tam scales fashion peaks with China Chic
Date: Thu, 14 Dec 2017 01:04:59 -0500
From feeds.reuters
NEW YORK (Reuters) - Some of us are fortunate to find a calling in life early on, and for Vivienne Tam it was literally by design.


Deckers wins proxy contest against hedge fund Marcato
Date: Thu, 14 Dec 2017 18:15:35 -0500
From feeds.reuters
BOSTON (Reuters) - Deckers Outdoor Corp beat back a challenge from activist hedge fund Marcato Capital Management, but shares of the maker of UGG boots fell more than 4 percent on news that all its...


Investors pull most money in 2017 from U.S. stock funds: Lipper
Date: Thu, 14 Dec 2017 19:07:40 -0500
From feeds.reuters
NEW YORK (Reuters) - Investors pulled $16.2 billion from U.S.-based equity funds during the latest week, according to Lipper on Thursday, marking the largest withdrawals since December 2016.


Disney buying Fox film, TV units for $52 billion in digital push
Date: Thu, 14 Dec 2017 18:28:39 -0500
From feeds.reuters
(Reuters) - Walt Disney Co has struck a deal to buy film, television and international businesses from Rupert Murdoch's Twenty-First Century Fox Inc for $52.4 billion in stock, giving the world's largest entertainment company an arsenal of shows and movies to combat growing digital rivals Netflix Inc and Amazon.com Inc.


Wall Street falls as investors fret about tax bill passage
Date: Thu, 14 Dec 2017 18:05:57 -0500
From feeds.reuters
NEW YORK (Reuters) - Major U.S. stock indexes fell on Thursday, with the S&P 500 down the most in a month, as investor worries over potential roadblocks to the Republicans' tax overhaul more than offset optimism over strong retail sales data.


Uber investor departs venture firm amid harassment claims
Date: Thu, 14 Dec 2017 17:35:29 -0500
From feeds.reuters
SAN FRANCISCO (Reuters) - Silicon Valley investor Shervin Pishevar, known for his early bet on Uber Technologies Inc, said on Thursday that he would sever ties with his venture capital company, Sherpa Capital, after being accused of sexual misconduct.


Airbus planemaking chief Bregier to leave in February: sources
Date: Thu, 14 Dec 2017 18:50:15 -0500
From feeds.reuters
PARIS (Reuters) - Airbus planemaking chief Fabrice Bregier plans to leave the aerospace group after the board intervened to resolve tensions over the future succession to Chief Executive Tom Enders, sources familiar with the matter said on Thursday.


More efficient SUVs a factor in product strategy: Ford CEO
Date: Thu, 14 Dec 2017 18:54:22 -0500
From feeds.reuters
DETROIT (Reuters) - Ford Chief Executive Jim Hackett said on Thursday the automaker is reviewing its product portfolio as consumers show a preference for sport utility vehicles that have fuel efficiencies closer to sedans.


Murdoch bets live sports and news will boost new, smaller Fox
Date: Thu, 14 Dec 2017 18:28:37 -0500
From feeds.reuters
NEW YORK (Reuters) - Rupert Murdoch is banking on Americans' love of live sports and breaking news for a new, slimmed down version of his Fox TV business after selling the company's film studios and international operations to Walt Disney Co .


Exclusive: Chevron nears Schlumberger deal to drill wells in Brazil: sources
Date: Thu, 14 Dec 2017 16:31:09 -0500
From feeds.reuters
RIO DE JANEIRO (Reuters) - Chevron Corp has reached preliminary agreement with oil services firm Schlumberger NV to drill six wells in a Brazilian offshore field, two sources said this week, in a bid to lift its output in the South American country after a 2011 oil spill there cut production.


Wiese resigns as Steinhoff chairman in wake of accounting scandal
Date: Thu, 14 Dec 2017 16:24:50 -0500
From feeds.reuters
BERLIN/JOHANNESBURG (Reuters) - South African tycoon Christo Wiese resigned on Thursday as chairman of Steinhoff , the latest setback for the retail group in the throes of an accounting scandal.


Hackers halt plant operations in watershed cyber attack
Date: Thu, 14 Dec 2017 13:15:31 -0500
From feeds.reuters
(Reuters) - Hackers likely working for a nation-state recently invaded the safety system of a critical infrastructure facility in a watershed attack that halted plant operations, according to cyber investigators and the firm whose software was targeted.


Teva Pharm to lay off a quarter of workforce, suspends dividend
Date: Thu, 14 Dec 2017 14:30:14 -0500
From feeds.reuters
TEL AVIV (Reuters) - Teva Pharmaceutical Industries is to cut its workforce by more than a quarter, give up many of its manufacturing plants and suspend its dividend on ordinary shares in a much-anticipated overhaul to help pay off its debts.


Hereas What George Clooney Owed in Taxes After He Gave His Friends $14 Million in Cash
Date: Thu, 14 Dec 2017 23:22:32 +0000
From time.com
Yikes.


'Sunday Night Football' takes a big hit as NFL ratings still struggle
Date: Thu, 14 Dec 2017 17:57:55 EST
From rss.cnn
The NFL's premiere game of the week took a big hit in TV ratings on Sunday night, despite it being a close game.


Murdoch: 'Nonsense' that sexual harassment claims hurt Fox's bottom line
Date: Thu, 14 Dec 2017 17:50:31 EST
From rss.cnn
21st Century Fox executive co-chairman Rupert Murdoch brushed off the sexual harassment scandals that have roiled Fox News over the past few years, saying they have not been harmful for the Fox News' bottom line.


Net neutrality repeal: Facebook, Amazon, Netflix and internet providers react
Date: Thu, 14 Dec 2017 18:18:11 EST
From rss.cnn
Read full story for latest details.


Disney doubles down on sports, despite ESPN woes
Date: Thu, 14 Dec 2017 16:40:03 EST
From rss.cnn
Read full story for latest details.


Trump's antitrust team will be working overtime on Disney-Fox deal
Date: Thu, 14 Dec 2017 16:07:07 EST
From rss.cnn
Read full story for latest details.


Cruise control designs could solve traffic jams, study suggests
Date: Thu, 14 Dec 2017 15:45:41 EST
From rss.cnn
Phantom traffic jams, in which cars suddenly screech to a dead stop on highways for no apparent reason, have long annoyed drivers.


Another battle of giants: Amazon and Google
Date: Thu, 14 Dec 2017 15:18:58 EST
From rss.cnn
Amazon and Google are fighting an increasingly ugly battle that could drag their customers and their future business plans down with them.


Walmart is letting workers get paid whenever they want
Date: Thu, 14 Dec 2017 17:20:26 EST
From rss.cnn
Walmart is teaming up with Silicon Valley to make payday come early for its employees.


Disney is buying itself a messy TV deal in Europe
Date: Thu, 14 Dec 2017 15:08:35 EST
From rss.cnn
Disney has just bought itself a very messy deal in Europe.


Refinery29 laying off 34 employees, citing a 'turbulent moment'
Date: Thu, 14 Dec 2017 14:55:36 EST
From rss.cnn
Read full story for latest details.


News flash! U.S. economy already looks strong
Date: Thu, 14 Dec 2017 14:33:06 EST
From rss.cnn
Does America really need another tax cut to boost the economy? President Trump and many Republicans in Congress think so. But if you look at the latest economic data, it looks like consumers are doing just fine.


Will 'Star Wars: The Last Jedi' beat 'The Force Awakens' at the box office?
Date: Thu, 14 Dec 2017 14:17:10 EST
From rss.cnn
"Star Wars: The Last Jedi" lands in theaters Thursday night and its biggest competition at the box office this weekend is not another big opening, but rather, a previous "Star Wars" film.


Apple's wildly pricey iMac Pro is here
Date: Thu, 14 Dec 2017 13:12:26 EST
From rss.cnn
Apple has released its most expensive computer: iMac Pro.


For many, the rent is still too damn high
Date: Thu, 14 Dec 2017 12:04:55 EST
From rss.cnn
Millions of Americans can't afford their rent.


In rural America, building the Internet for everyone has stalled
Date: Thu, 14 Dec 2017 11:54:24 EST
From rss.cnn
Read full story for latest details.


New York Times names A.G. Sulzberger as new publisher
Date: Thu, 14 Dec 2017 12:49:08 EST
From rss.cnn
Arthur Sulzberger Jr. is handing the reins of The New York Times Company to his son Arthur Gregg Sulzberger -- a long-expected moment of generational change for the family-controlled newspaper.


Bob Iger is the undisputed king of Hollywood
Date: Thu, 14 Dec 2017 12:12:36 EST
From rss.cnn
Bob Iger could wind up being the CEO of the 21st century after sealing a deal to scoop up a big chunk of the entertainment assets of 21st Century Fox for more than $50 billion.


What the Disney-Fox deal means for Marvel, 'Avatar,' and streaming
Date: Thu, 14 Dec 2017 13:51:21 EST
From rss.cnn
Imagine finding Luke Skywalker, Captain America, Moana, the X-Men and the Na'vi of Pandora all housed in one streaming service. That's what a Disney streaming service could look like now that the company is buying up most of 21st Century Fox in a $52.4 billion deal.


Discount drugmaker Teva is cutting 14,000 jobs
Date: Thu, 14 Dec 2017 11:06:21 EST
From rss.cnn
Teva Pharmaceutical is slashing 14,000 jobs around the world in an attempt to stabilize the company.


Rupert Murdoch's media legacy takes a U-turn
Date: Thu, 14 Dec 2017 11:05:33 EST
From rss.cnn
When Peter Chernin was running Twentieth Century Fox, he was asked at an industry conference how he saw the company's future. "A lot of Murdochs," he quipped.


Walt Disney buys Murdoch's Fox for $52bn
Date: Thu, 14 Dec 2017 19:55:01 GMT
From bbc.co
The deal ends Rupert Murdoch's more than half century of media empire building.

Four Seasons Health Care gains breathing space
Date: Thu, 14 Dec 2017 15:29:02 GMT
From bbc.co
Four Seasons Health Care, which looks after 17,000 elderly residents, has secured its future for now.

Bank sees boost from Brexit progress
Date: Thu, 14 Dec 2017 13:34:50 GMT
From bbc.co
The Bank of England says progress in Brexit talks is likely to boost household and business confidence.

The pig farmer taking on Tesco
Date: Thu, 14 Dec 2017 12:08:42 GMT
From bbc.co
Richard Baugh addresses concerns about supermarkets using "fake farm" brands

Teva Pharmaceuticals: Israeli drugmaker to cut 14,000 jobs
Date: Thu, 14 Dec 2017 14:49:21 GMT
From bbc.co
The Israeli drugmaker is struggling with $35bn debt from an acquisition and rising competition.

Scottish income tax changes unveiled
Date: Thu, 14 Dec 2017 21:45:59 GMT
From bbc.co
Higher and middle earners will pay more than elsewhere in the UK, but lower earners will pay less.

NatWest bank spat prompts web security changes
Date: Thu, 14 Dec 2017 15:27:26 GMT
From bbc.co
The bank told a security expert "sorry you feel this way" when a potential vulnerability was found.

Eurozone economy to grow at faster rate, says central bank
Date: Thu, 14 Dec 2017 15:16:11 GMT
From bbc.co
The European Central Bank expects GDP to rise further but inflation will stay below target.

Black Friday lifts UK retail sales in November
Date: Thu, 14 Dec 2017 11:06:38 GMT
From bbc.co
Deals on electrical household appliances boosted sales in November, official figures suggest.

Niki Austrian airline failure strands many passengers
Date: Thu, 14 Dec 2017 20:38:04 GMT
From bbc.co
About 5,000 passengers are stuck abroad after the Austrian airline opens insolvency proceedings.

Stamp duty tax debate 'welcome'
Date: Thu, 14 Dec 2017 10:35:45 GMT
From bbc.co
Surveyors say changes to stamp duty levied on first-time buyers should spark a wider debate.

China's central bank raises interest rates after Fed rise
Date: Thu, 14 Dec 2017 06:00:24 GMT
From bbc.co
Beijing is trying to stop money from moving out of the country in search of stronger returns.

Disney-Fox: Five things it could mean
Date: Thu, 14 Dec 2017 19:28:20 GMT
From bbc.co
The BBC's Andrew Neil has five things the $52.4bn (APS39bn) tie-up could mean.

Travelling homes
Date: Thu, 14 Dec 2017 00:19:50 GMT
From bbc.co
In the UK sales of caravan are on the rise. 22,000 were sold in the year to June, a 7% rise on the previous 12 months.

Speak up
Date: Thu, 14 Dec 2017 00:22:11 GMT
From bbc.co
Despite the popular belief that women talk more than men, studies consistently suggest it is men who hog most of the airtime.

Harvard Endowment Chief Pushed for Steeper Devaluation of Assets
Date: Thu, 14 Dec 2017 19:33:05 EST
From feeds.wsjonline
Harvardas endowment posted the worst returns in the Ivy League last yearaand its new chief pushed for moves that would have made the results even worse.


The FBI's Trump 'Insurance'
Date: Thu, 14 Dec 2017 16:04:04 EST
From https:
More troubling evidence of election meddling at the bureau.

Alabama Sends a Message
Date: Thu, 14 Dec 2017 16:03:01 EST
From https:
Roy Moore's defeat shows that Steve Bannon is for losers.

Cryptocurrency Can Promote National Security
Date: Thu, 14 Dec 2017 14:46:44 EST
From https:
Why we left government to join the Bittrex exchange.

Food Fight
Date: Thu, 14 Dec 2017 16:38:53 EST
From https:
Do Trump Administration officials who bake pies deserve to be believed?

Oracle shares down 7%, extending losses on outlook
Date: Thu, 14 Dec 2017 22:24:23 GMT
From feeds.marketwatch
Oracle shares down 7%, extending losses on outlook

Oracle shares fall as cloud revenue misses estimates
Date: Thu, 14 Dec 2017 21:04:34 GMT
From feeds.marketwatch
Oracle shares fall as cloud revenue misses estimates

Dow snaps 5-session winning streak
Date: Thu, 14 Dec 2017 21:00:54 GMT
From feeds.marketwatch
Dow snaps 5-session winning streak

Thirty-point decline puts Dow industrials' five-session win streak at risk
Date: Thu, 14 Dec 2017 19:22:57 GMT
From feeds.marketwatch
Thirty-point decline puts Dow industrials' five-session win streak at risk

Marco Rubio a 'no' on tax overhaul without expansion of child tax credit: report
Date: Thu, 14 Dec 2017 19:03:07 GMT
From feeds.marketwatch
Marco Rubio a 'no' on tax overhaul without expansion of child tax credit: report

Texas Republican Farenthold to retire from House amid sex-harrasment allegations
Date: Thu, 14 Dec 2017 18:15:22 GMT
From feeds.marketwatch
Texas Republican Farenthold to retire from House amid sex-harrasment allegations

FCC votes to repeal net-neutrality rules
Date: Thu, 14 Dec 2017 18:14:26 GMT
From feeds.marketwatch
FCC votes to repeal net-neutrality rules

Teva Pharmaceutical Industries cutting 14,000 jobs a and that may not be enough
Date: Thu, 14 Dec 2017 16:06:38 GMT
From feeds.marketwatch
Teva Pharmaceutical Industries cutting 14,000 jobs a and that may not be enough

Early stock gains put Dow on track for sixth consecutive advance
Date: Thu, 14 Dec 2017 15:16:14 GMT
From feeds.marketwatch
Early stock gains put Dow on track for sixth consecutive advance

U.S. retail sales rise 0.8% in November, even stronger without autos
Date: Thu, 14 Dec 2017 13:38:01 GMT
From feeds.marketwatch
U.S. retail sales rise 0.8% in November, even stronger without autos

Mutual Funds Weekly: ETF now stands for aeveryoneas top funda
Date: Thu, 14 Dec 2017 19:46:18 -0500
From feeds.marketwatch
2017 was the year of the exchange-traded fund.


Personal Finance Daily: Learning from Omarosaas departure and what the end of anet neutralitya means
Date: Thu, 14 Dec 2017 15:58:33 -0500
From feeds.marketwatch
Thursdayas top personal finance stories


What you can learn from Omarosaas dramatic departure from the White House
Date: Thu, 14 Dec 2017 15:10:35 -0500
From feeds.marketwatch
How employees a even those who arenat famous a can exit their jobs gracefully.


Even the produce aisle isnat safe from aStar Warsa branding
Date: Thu, 14 Dec 2017 14:59:41 -0500
From feeds.marketwatch
aStar Warsa lettuce is now available in your local supermarket.


Deep Dive: These 3 stock screens can help find value amid a boom in U.S. housing shares
Date: Thu, 14 Dec 2017 14:25:33 -0500
From feeds.marketwatch
Shares of home builders have run ahead of a strong stock market, but a housing shortage could mean thereas more to come.


Whatas at stake for consumers with the end of anet neutralitya
Date: Thu, 14 Dec 2017 14:15:35 -0500
From feeds.marketwatch
What does the aopen interneta mean? Hereas why you should care.


Most of the top audiobooks of 2017 are decades old
Date: Thu, 14 Dec 2017 13:43:57 -0500
From feeds.marketwatch
Audible released the top 20 listens of the year.


Outside the Box: These surprising jobs can lead to student loan forgiveness
Date: Thu, 14 Dec 2017 13:02:04 -0500
From feeds.marketwatch
Five unusual career paths to public service loan forgiveness


Credit.com: Renters: donat expose yourself to these 5 big risks
Date: Thu, 14 Dec 2017 12:56:41 -0500
From feeds.marketwatch
If youare skipping renters insurance, youare taking more chances than you may think.


The Moneyist: My mother lives in poverty and spends everything I give her a should I stop paying her debts?
Date: Thu, 14 Dec 2017 12:55:28 -0500
From feeds.marketwatch
After years of helping, this daughter has redrawn the boundaries.