Business News - The Last 24 Hours

Here are the winners and losers of the Senate's health-care proposal
CNBC - 51 min 38 sec ago
The Senate bill leaves many of the ACA's provisions in place, but does so with less generous funding.
RELATED:
New York Times - Values Revealed: The Health Debate Shows What Both Parties Care About Most - 17 hours 42 min ago
Indiatimes - Health care poses a test of Trump's work with the Senate - 18 hours 12 min ago
CNN - How the GOP health care bills help the rich - 19 hours 53 min ago
Bloomberg - The State of Play in the Battle Over Health Care - 20 hours 13 min ago
CNBC - Cramer: Soaring hospital stocks tell me the GOP Senate health bill won't pass - 23 hours 2 min ago
COMMENTARY:
BusinessInsider - The 9 GOP senators who will decide the fate of the Republican healthcare bill - 1 hour 9 min ago
LA Times - Essential California: The dream of single-payer healthcare in California dies, for now - 3 hours 12 min ago
Fox Business - 5 GOP senators now oppose health care bill as written - 8 hours 53 min ago
Washington Post - In health-care bill, two prized Republican goals converge - 14 hours 41 min ago
VIDEO:
CNBC Video - The Senate health plan winners and losers - 17 hours 21 min ago
CNN Video - The Senate GOP health care bill explained - 23 hours 8 min ago



How to buy Bitcoin in seconds from your smartphone (if you can stomach the price swings)
CNBC - 1 hour 56 min ago
We'll show you how to buy Bitcoin in this simple step-by-step guide.
RELATED:
CNBC - Bitcoin speculators are the new day-traders - 20 hours 3 min ago
COMMENTARY:
Fox Business - 3 Things Investors Need to Know About Bitcoin - 1 hour 52 min ago
BusinessInsider - A petition on Change.org is calling on Amazon to accept bitcoin 'ASAP' (AMZN) - 23 hours 21 min ago



Bits: Farhad’s and Mike’s Week in Tech: Uber Isn’t Everything
New York Times - 2 hours 42 min ago
Uber dominated tech headlines this week, but a few other things happened in techland, too.
RELATED:
CNBC - Steve Jobs biographer says Travis Kalanick comeback at Uber is possible — 'I've seen this movie before' - 22 hours 20 min ago
COMMENTARY:
BusinessInsider - Uber and Tesla are showing ominous signs that the era of auto disruption may be about to come to an abrupt end (TSLA) - 2 hours 5 min ago
Naked Capitalism - Uber Spinning Out of Control: Employees Eyeing Exits as Press (Finally) Starts to Question Business Model - 9 hours 17 min ago
TechCrunch - Uber has seen a sharp drop in new driver retention this year: Apptopia - 18 hours 18 sec ago
Washington Post - Could Travis Kalanick be like Steve Jobs, and run Uber once again? - 21 hours 41 min ago
Fox Business - Uber's turbulent week: Kalanick out, new twist in Google lawsuit - 22 hours 9 min ago
Zacks - Oil Enters Bear Market, Uber CEO Resigns, Impact of the Amazon-Whole Foods Deal - 22 hours 55 min ago
VIDEO:
WSJ Video - Uber Drivers Optimistic After Kalanick's Resignation - 5 hours 41 min ago



Qatar says Saudi-led demands not 'reasonable'
Indiatimes - 3 hours 12 min ago
The four Arab governments delivered the demands to Qatar through Kuwait, more than two weeks after severing all ties with the emirate and imposing an embargo.
RELATED:
Bloomberg - Saudi-Led Bloc Seeks Diplomatic Resolution to Impasse With Qatar - 3 hours 27 min ago
Indiatimes - UAE: Arab states don't seek 'regime change' in Qatar - 3 hours 42 min ago
CNBC - UAE's Gargash says alternative to Qatar demands is 'not escalation but parting ways' - 5 hours 4 min ago
COMMENTARY:
Washington Post - Why Qatar wants to buy a piece of American Airlines - 17 hours 40 min ago
The Economist - Qatar Airways wants a 10% stake in American Airlines - 22 hours 6 min ago



EZB schickt italienische Krisenbanken in die Pleite
Euronews - 4 hours 10 min ago
Die Europäische Zentralbank (EZB) sieht nach wochenlangen Verhandlungen für zwei italienische Krisenbanken keine Zukunft mehr und schickt sie in die
RELATED:
Reuters - Italy to start winding down Veneto banks Saturday after EU green-light - 18 hours 27 min ago
COMMENTARY:
Zero Hedge - Two Italian Zombie Banks Toppled Friday Night - 1 hour 47 min ago
Naked Capitalism - Wolf Richter: Two Italian Zombie Banks Toppled Friday Night - 9 hours 2 min ago
Fox Business - ECB: 2 troubled Italian banks failing, to face insolvency - 19 hours 5 min ago



Nigeria Sees 2017 Tax Amnesty Adding $1 Billion to Public Funds
Bloomberg - 4 hours 45 min ago
The Nigerian government expects to raise more than $1 billion in a tax amnesty program that encourages individuals and companies to clear unpaid bills by the end of this year.
RELATED:
Bloomberg - GOP Push for 20-Year Tax Cut Grows as Ryan Seeks Permanent Fix - 6 hours 42 min ago
Indiatimes - Tax-savvy American NRIs use family trusts to insulate Indian assets - 19 hours 42 min ago
COMMENTARY:
Seeking Alpha - Healthcare Draft Bill Released - Will The U.S. Congress Take Up Tax Reform Next? - 8 hours 31 min ago
Zero Hedge - "They Can And Should Do More" Australian State Slams Banks With $280 Million Tax - 13 hours 52 min ago
VIDEO:
CNBC Video - If you don't qualify for Medicaid, you get tax credits: Paul Howard - 19 hours 23 min ago



Post-Brexit India-UK trade can be lot better: Indian envoy
Indiatimes - 5 hours 42 min ago
There was consensus among the business and political leaders at the conference, held to coincide with the 1 year mark of the referendum on Britain's membership of the EU.
RELATED:
BBC - Brexit: Tory MP Leadsom says broadcasters should be patriotic - 18 hours 47 min ago
New York Times - E.C.B. Seeks Control Over London Trading After Brexit - 22 hours 25 min ago
Bloomberg - George Mitchell Says Brexit Would Be Disaster for Ireland - 22 hours 38 min ago
Euronews - How break-ups and lost friendships have been Brexit's hidden casualty - 23 hours 13 min ago
COMMENTARY:
LA Times - British proposal on citizens' rights after Brexit fails to impress European Union - 19 hours 42 min ago
Zacks - One Year Since Brexit Referendum: ETFs in Focus - 21 hours 10 min ago
Zero Hedge - Schaeuble: "The Britons Were Endlessly Lied To And Deceived" On Brexit - 21 hours 54 min ago
The Guardian - London could lose out as ECB seeks control of euro clearing after Brexit - 23 hours 2 min ago



UN chief's meetings with India, Pakistan PMs sign of his commitment to Kashmir issue: UN Chief's aide
Indiatimes - 6 hours 12 min ago
Sharif and the UN chief had met on the sidelines of the World Economic Forum at Davos in January and again this month in Astana on the sidelines of the SCO summit.



China is no protectionist: US experts
China Daily - 6 hours 42 min ago
WASHINGTON - In the midst of mounting accusations of China's trade policies by US officials, renowned experts at a leading US think tank said China's trade protection is not significantly above that in large high-income economies like the United States. US Commerce Secretary Wilbur Ross labeled Chin ...



Consumer Issues Stemming From the GOP Health Care Initiative
Bloomberg - 8 hours 51 min ago
Washington (AP) -- Republicans in full control of government are on the brink of history-making changes to the nation's health care system. The impact for consumers would go well beyond "Obamacare."
COMMENTARY:
Fox Business - Consumer issues stemming from the GOP health care initiative - 8 hours 52 min ago
Zero Hedge - Brexit One Year On: Political Chaos, Pounded Currency, & Pressured Consumers - 16 hours 22 min ago
Seeking Alpha - Consumer Cyclical 'Safer' Dividend Dogs Put Apparel, Gambling, Specialty, Department Stores, And Leisure In The Top 10 Gainers For June - 17 hours 56 min ago
BusinessInsider - RETAIL FORECAST: U.S. consumers will spend $632 billion online by 2020 (AMZN, BABA) - 22 hours 36 min ago



Sonic, Forestar post gains; BlackBerry, Regeneron fall
AP - 11 hours 42 min ago
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday:...
RELATED:
CNBC - As stock drops, Blackberry CEO says he has a big 'break out' plan to buy up companies - 23 hours 35 min ago
COMMENTARY:
Seeking Alpha - No, BlackBerry Is Not The Next Nvidia - 10 hours 56 min ago
Fox Business - Sonic, Forestar post gains; BlackBerry, Regeneron fall - 18 hours 28 min ago
Zacks - BlackBerry (BBRY) Stock Plunges After Q1 Sales Disappoint - 22 hours 48 min ago



European Central Bank Moves to Wind Down Two Italian Banks
New York Times - 13 hours 16 min ago
Veneto Banca and Banca Popolare di Vicenza have effectively failed because of a lack of capital. Another bank may buy their healthy parts.
COMMENTARY:
Seeking Alpha - Central Banks - Tiptoeing Toward The Exit - 3 hours 18 min ago
Zero Hedge - Exposing Our Lawless Central Bank - 14 hours 17 min ago



Even with Whole Foods, Amazon would need many more warehouses to reshape grocery delivery
Reuters - 15 hours 54 min ago
(Reuters) - If Amazon.com Inc hopes to revolutionize grocery delivery, then its bid to buy Whole Foods Market Inc for $13.7 billion will be just the start of a long and costly process.
RELATED:
CNBC - Foodservice distributors including Sysco, US Foods fall on report Amazon wants to enter space - 21 hours 38 min ago
COMMENTARY:
BusinessInsider - Buying Whole Foods isn't enough for Amazon to transform grocery delivery, say industry experts (AMZN, WFM, WMT, UNFI) - 57 min 38 sec ago
Seeking Alpha - How The Election And Amazon Upheld My Conviction In Active Management - 58 min 18 sec ago
The Guardian - Clash of the retail titans: Amazon goes head to head with Walmart - 6 hours 42 min ago
Fox Business - The Washington Post's Turnaround Shows Amazon's Success Is No Accident - 16 hours 1 min ago
TechCrunch - 42 percent of Amazon Echo owners have bought a second device (or more) - 21 hours 15 min ago
Washington Post - Grocery stocks sink on news that Amazon is buying Whole Foods - 22 hours 40 min ago



Google Will No Longer Scan Gmail for Ad Targeting
New York Times - 15 hours 59 min ago
After years of complaints by privacy advocates, the company said it will stop the practice on its free email service to eliminate confusion around its advertising policies.
RELATED:
CNN - Google will no longer read your emails to tailor ads - 19 hours 25 min ago
COMMENTARY:
BusinessInsider - Google is closer than ever to a quantum computing breakthrough - 11 hours 18 min ago
TechCrunch - Crunch Report | Google To Stop Scanning Inboxes - 15 hours 41 min ago
LA Times - Google takes 2 steps to protect user privacy - 17 hours 42 min ago



The Latest: Trump questions Obama's handling of Russia intel
Indiatimes - 16 hours 12 min ago
6:40 p.m. President Donald Trump is faulting his predecessor's handling of Russia's meddling in the 2016 election.
RELATED:
Indiatimes - Gowdy: Oversight won't investigate Russian interference - 16 hours 42 min ago
COMMENTARY:
Zero Hedge - CNN Deletes 'Fake News' Story About Russian Investment Ties To Trump - 2 hours 22 min ago
BusinessInsider - Trump appears to admit Russia meddled in the US election in a tweet criticizing Obama - 13 hours 21 min ago
LA Times - In tweet, Trump appears to acknowledge Russian election meddling – and blames Obama - 13 hours 41 min ago



Entergy CEO says Trump leaving Paris accord does not change much
CNBC - 16 hours 45 min ago
Jim Cramer sat down with Entergy Chairman and CEO Leo Denault to get his take on the president's climate policy.
RELATED:
AP - Ex-CEO of South Texas power project gets 2 years for fraud - 23 hours 42 min ago
COMMENTARY:
BusinessInsider - WHOLE FOODS CEO: We focused on employees at the 'expense of our customers' (WFM) - 1 hour 42 min ago
LA Times - Travis Kalanick is no longer Uber’s CEO, but drivers still want him on the hook in lawsuit - 19 hours 2 min ago
Seeking Alpha - The Finish Line's (FINL) CEO Sam Sato on Q1 2018 Results - Earnings Call Transcript - 20 hours 27 min ago
Fox Business - American Airlines CEO fired up about Qatar interest - 21 hours 43 min ago
VIDEO:
CNBC Video - Entergy CEO: Leaving Paris accord doesn't change much - 16 hours 26 min ago



Wal-Mart not considering Whole Foods bid: Reuters
CNBC - 19 hours 15 min ago
Wal-Mart is not actively considering making an offer for Whole Foods Market, Reuters reported.
RELATED:
Reuters - Exclusive: Wal-Mart not considering a bid for Whole Foods - source - 19 hours 41 min ago
COMMENTARY:
Fox Business - Walmart not a potential bidder for Whole Foods - 16 hours 11 min ago
TechCrunch - Walmart reportedly won’t bid for Whole Foods after Amazon’s huge offer - 18 hours 3 min ago



Takata reportedly planning to file for bankruptcy
CNBC - 19 hours 16 min ago
Takata's board is convening to review bankruptcy plans over the weekend, The Wall Street Journal reported, citing sources.
RELATED:
AP - Honda denies covering up dangers of Takata air bags - 20 hours 42 min ago
Reuters - Honda engineer debunks own claim about cause of Takata air bag failures - 20 hours 55 min ago
COMMENTARY:
Fox Business - Honda denies covering up dangers of Takata air bags - 21 hours 27 min ago



'Trump gridlock' has benefits for the stock market, expert says
CNBC - 19 hours 26 min ago
The lack of policy coming from Washington means investors can go back to focusing on fundamentals, Peter Anderson said.
COMMENTARY:
24/7 Wall St. - 7 Speculative Analyst Stock Picks Called to Rise 100% to 400% - 2 hours 17 min ago
BusinessInsider - There’s a surprising new champion of the stock market - 6 hours 38 min ago
Fox Business - What Happened in the Stock Market Today - 18 hours 36 min ago



Six books Wall Street is reading this summer
CNBC - 19 hours 30 min ago
Here's what Wall Street is reading at the beach this summer — from books about legendary traders and scandals to the subtle art of not giving a f***, writes Turney Duff.
RELATED:
CNBC - Josh Brown: Here's the reason Wall Street hates the bull market in stocks so much - 21 hours 59 min ago
COMMENTARY:
BusinessInsider - This complex color-coded chart spells bad news for a lot of Wall Streeters - 23 min 38 sec ago
Fox Business - Wall Street week ahead: Oil's drop could leave a stain on earnings - 14 hours 38 sec ago
VIDEO:
CNBC Video - What history tells us about Wall Street forecasts - 18 hours 11 min ago



DR Horton to rally nearly 15% due to booming housing market, Credit Suisse says
CNBC - 19 hours 36 min ago
Credit Suisse starts its price target for D.R. Horton shares at $38, representing 14 percent upside from Thursday's close.
COMMENTARY:
24/7 Wall St. - America’s 25 Least Affordable Housing Markets - 5 hours 41 min ago
VIDEO:
CNBC Video - The Week Ahead: Housing market in the spotlight - 19 hours 40 min ago



A fifth Republican senator says he will not support Senate Obamacare replacement in current form
CNBC - 20 hours 12 min ago
Sen. Dean Heller, R-Nev., said Friday he will not support the Senate's Obamacare replacement bill in its current form.
RELATED:
CNBC - Op-Ed: Obamacare's failure is on the Democrats - 22 hours 6 min ago
COMMENTARY:
LA Times - U.S. healthcare will get worse without Obamacare. California needs to chart its own course. - 3 hours 47 min ago
Zero Hedge - The Real Healthcare Crisis: Retiring Seniors Need $500k To Cover Premiums Even With Obamacare - 15 hours 32 min ago
VIDEO:
CNBC Video - A fifth Republican senator says he will not support Senate Obamacare replacement - 19 hours 1 min ago



GM says settles many lawsuits over ignition switches
Reuters - 21 hours 16 min ago
NEW YORK (Reuters) - General Motors Co has reached a settlement to resolve lawsuits by 203 plaintiffs over defective ignition switches in many of its vehicles, lawyers for the automaker said in a court filing on Friday.



These banks could be the big winners from this year's stress tests
CNBC - 21 hours 25 min ago
Analysts roundly expect a substantial increase in cash payouts this year compared with 2016.
RELATED:
Indiatimes - America’s biggest banks clear first hurdle in Fed’s stress tests - 21 hours 42 min ago
COMMENTARY:
Zacks - Federal Reserve Releases Results Of Stress Test - 23 hours 47 min ago



Inside Facebook: What it's like to be an intern for Mark Zuckerberg and company
CNBC - 21 hours 44 min ago
Free food and hearing "Zuck" speak are pretty awesome, interns say. But the work can be intense.
RELATED:
CNBC - At VidCon, Facebook and Snap are trying to echo YouTube's success with online creators - 23 hours 43 min ago
COMMENTARY:
24/7 Wall St. - Google Continues to Be Largest US Website, Facebook Close Behind - 3 hours 36 min ago



Sears just opened a store that only sells mattresses and appliances
CNBC - 22 hours 6 min ago
Sears plans to open additional stores dedicated to mattresses and appliances — "two of its strongest" categories.
COMMENTARY:
24/7 Wall St. - Sears Still Has Over 1,200 Stores - 2 hours 57 min ago
Washington Post - Sears says it will close 20 more stores - 16 hours 41 min ago
Fox Business - Sears to close more stores amid retail industry tumult - 22 hours 37 min ago
LA Times - Sears to close 20 more stores - 23 hours 47 min ago



UBS reports millennials could be worth up to $24 trillion by 2020
CNBC - 22 hours 9 min ago
A report from UBS says millennials will be worth $24 trillion by 2020.
COMMENTARY:
Seeking Alpha - Giant Manufacturing (GTMUF) Presents At UBS Taiwan Conference 2017 - Slideshow - 20 hours 33 min ago



Europe and Japan Near Trade Deal as U.S. Takes Protectionist Path
New York Times - 22 hours 11 min ago
The European Union and Japan are close to an agreement that would bring together two giants encompassing a quarter of the world’s economy.



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