Business News - The Last 24 Hours

Analysis: Vote yes, hope no for Senate GOP on health care
Indiatimes - 1 min 19 sec ago
WASHINGTON (AP) — Vote yes, hope no. Senate Republicans want to back a still-being-written bill to erase some of Democrat Barack Obama's health care law, but they don't want the House to quickly approve it, send it to President Donald Trump and have him sign it into law.
RELATED:
Indiatimes - Report: Interior chief warns Alaska senators on health care - 3 hours 31 min ago
Bloomberg - With or Without Obamacare, Health-Care Costs Are Battering the Middle Class - 5 hours 56 min ago
CNBC - Senate health care debate adds stress for the chronically ill patients watching closely - 7 hours 16 min ago
Euronews - Senate to consider "skinny" repeal of health bill - 20 hours 56 min ago
COMMENTARY:
LA Times - Trump tweets push for Senate Republicans to pass healthcare bill - 37 min 26 sec ago
BusinessInsider - GOP senators hold press conference to demand assurances that GOP health plan does not become law - 48 min 58 sec ago
Zero Hedge - Paulson Shutters Long-Short Equity Fund Amid Massive Healthcare Losses - 5 hours 16 min ago
Fox Business - The Latest: Health plan group opposes fresh GOP effort - 6 hours 12 min ago
Zacks - The Zacks Analyst Blog Highlights: Applied Optoelectronics, The Brink's Company, Facebook, Healthcare Services Group and LPL Financial - 8 hours 54 min ago
SCMP - Li & Fung backed IDS Medical eyes role among giants in Asia’s health care market - 11 hours 33 min ago
Naked Capitalism - Healthcare Hypocrisy: How Politicians Hide Behind the 1986 EMTALA Law To Avoid Healthcare Reform - 11 hours 41 min ago
NY Post - A health care plan for America that could actually work - 19 hours 33 min ago
VIDEO:
CNBC Video - New Orleans Mayor Landrieu: Senate 'torturing' itself into a pretzel trying to take health care away - 9 hours 46 min ago



Focus on Amazon's revenue growth more than earnings miss, strategists say
CNBC - 23 min 26 sec ago
Amazon's earnings fell far short of expectations, but strategists say Amazon is more interested in growth than profit.
RELATED:
BBC - Amazon profits are sharply lower as it invests overseas - 1 hour 25 min ago
Indiatimes - Amazon's Jeff Bezos becomes world's richest person briefly - 1 hour 31 min ago
CNN - Amazon stock falls as profit declines 77% - 1 hour 59 min ago
Reuters - Amazon profit slumps 77 percent as costs surge, shares fall - 2 hours 6 min ago
CNBC - Amazon set to report second quarter earnings after the bell - 3 hours 10 min ago
Euronews - Amazon's Bezos world's richest man - 6 hours 41 min ago
AP - Amazon reaches for millions in Southeast Asia's cyberspace - 14 hours 1 min ago
COMMENTARY:
Zacks - Less-Profitable Web Services Contributes to Amazon's Q2 Earnings Miss - 56 min 26 sec ago
TechCrunch - It looks like Amazon would be losing a lot of money if not for AWS - 1 hour 4 min ago
BusinessInsider - Amazon has launched a new social commerce tool to attract millennials and Gen Z (AMZN) - 1 hour 14 min ago
24/7 Wall St. - Amazon Makes Huge Whiff on the Bottom Line - 1 hour 57 min ago
LA Times - Woody Allen's 'Wonder Wheel' to complete Amazon's turn to full-service distribution - 2 hours 14 min ago
Fox Business - Amazon profit slumps 77 percent as costs surge - 2 hours 18 min ago
The Guardian - Amazon founder Jeff Bezos becomes world's richest man - 6 hours 10 min ago
Morningstar - What Impact Does Amazon Have on Your Fund? - 10 hours 31 min ago
VIDEO:
CNBC Video - Amazon earnings report bullish for long term: Gullane Capital's Trip Miller - 2 hours 4 min ago
WSJ Video - Amazon Borrows a Page From Instagram - 11 hours 31 min ago
Reuters Video - Amazon takes on Alibaba in Southeast Asia - 14 hours 53 min ago



How major US stock market indexes fared on Thursday
AP - 31 min 18 sec ago
NEW YORK (AP) -- U.S. stock indexes pulled back from their record highs Thursday after an afternoon swoon for technology companies helped overshadow another big day for telecoms....
RELATED:
CNN - Is this a sign that stocks are too hot? - 12 hours 8 min ago
COMMENTARY:
Zero Hedge - 2016's Worst-Performing Stock Market Is Exploding Higher - 1 hour 41 min ago
BusinessInsider - Legendary investor Byron Wien says the stock market is entering uncharted territory - 8 hours 26 min ago
SCMP - MPF hits record high returns due to stock market rallies - 9 hours 22 min ago



Facebook and Verizon advance while AstraZeneca dives
AP - 31 min 18 sec ago
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Thursday:...
RELATED:
Reuters - Verizon in talks to buy WideOpenWest's Chicago network: sources - 1 hour 11 min ago
CNBC - Verizon meets earnings per share, narrowly beats revenue expectations - 11 hours 33 min ago
COMMENTARY:
24/7 Wall St. - Verizon, Boeing Bolster DJIA Thursday - 2 hours 29 min ago
Zacks - Verizon (VZ) Q2 Earnings In Line, Revenues Beat Estimates - 7 hours 1 min ago
BusinessInsider - Verizon is rallying after saying it added a bunch of new subscribers (VZ) - 7 hours 50 min ago
Washington Post - Verizon is back: Unlimited data is boosting subscriptions - 8 hours 30 min ago
TechCrunch - Verizon Q2 meets on $0.96 EPS, sales down 2% YOY, plans $1B in ‘synergies’ in Oath - 11 hours 10 min ago
Fox Business - Verizon's revenue rises for first time in 5 quarters - 11 hours 41 min ago
VIDEO:
Reuters Video - Verizon's "unlimited" lures customers - 7 hours 55 min ago
CNBC Video - Cramer's Mad Dash: Verizon climbs on revenue beat - 9 hours 3 min ago



Three GOP senators shred 'skinny' Obamacare repeal — but leave the door open to voting for it
CNBC - 32 min 26 sec ago
Lindsey Graham, John McCain and Ron Johnson laid out their terms for supporting "skinny" Obamacare repeal.
RELATED:
Bloomberg - What a ‘Skinny’ Obamacare Repeal Looks Like in Real Life - 59 min 32 sec ago
CNBC - Insurance lobbying group urges Senate leaders to ditch 'skinny' Obamacare repeal - 5 hours 51 min ago
Indiatimes - US Senate rejects full Obamacare repeal without replacement - 19 hours 1 min ago
COMMENTARY:
LA Times - GOP Obamacare overhaul stumbles toward Senate vote - 2 hours 31 min ago
Zero Hedge - 15 Million Americans Would Opt-Out Of Obamacare.. If They Could - 2 hours 56 min ago
BusinessInsider - Republican governors slam the Senate's last-ditch effort to repeal Obamacare - 20 hours 15 min ago
Politico - 'Skinny' repeal could have big ramifications for Obamacare markets - 23 hours 22 min ago
VIDEO:
CNBC Video - Trump administration warns of Alaska backlash after Murkowski's Obamacare vote, report says - 7 hours 29 min ago



Thalmic Labs CEO hints at what the start-up is building with money from Amazon's Alexa fund
CNBC - 34 min 26 sec ago
Thalmic's CEO says his team is developing a completely new interface that will continue the trend towards wearables replacing phones.
RELATED:
CNN - Period underwear brand Thinx names new CEO after HR issues - 1 hour 36 min ago
Reuters - Trump's 'America First' push not protectionist: UPS CEO - 3 hours 7 min ago
CNBC - Nike's CEO just took a 71 percent pay cut. Here are 5 other execs who've had their incomes slashed - 4 hours 12 min ago
COMMENTARY:
Fox Business - Brazil police arrest former Petrobras CEO in graft probe - 3 hours 14 min ago
TechCrunch - Kickstarter co-founder and CEO Yancey Strickler will step down this year - 5 hours 52 min ago
BusinessInsider - Kickstarter cofounder and CEO Yancey Strickler is stepping down - 6 hours 7 min ago
LA Times - What millennials want from their CEOs: Activism - 9 hours 31 min ago
Zero Hedge - Birkenstock CEO Accuses Amazon Of "Modern Day Piracy" - 21 hours 56 min ago
Washington Post - Tech CEOs are sounding off about Trump's call to ban transgender service members - 22 hours 30 min ago
VIDEO:
CNBC Video - Dunkin' CEO Nigel Travis: We're giving the consumer everything they're looking for - 3 hours 16 min ago
CNN Video - LGBT Laws: Tech CEOs speak out again - 21 hours 23 min ago



Sessions says he's not stepping down despite Trump's criticisms
CNBC - 45 min 26 sec ago
Attorney General Sessions he will stay in the job for as long as President Donald Trump allows.
RELATED:
Bloomberg - Sessions Says He Will Continue to Serve as Long as Trump Wants Him To - 3 hours 44 min ago
COMMENTARY:
BusinessInsider - Jeff Sessions: Trump's criticism 'hurtful' but 'he wants all of us to do our job' - 28 min 12 sec ago
Zero Hedge - Graham Dares Trump: "Holy Hell To Pay if You Fire Sessions" - 6 hours 11 min ago



Wisconsin governor defends $3 billion deal for Foxconn plant
Reuters - 47 min 41 sec ago
WASHINGTON (Reuters) - Wisconsin Governor Scott Walker on Thursday defended his plan to give a $3 billion tax break over 15 years to convince Taiwanese electronics manufacturer Foxconn to build a $10 billion LCD flat screen factory.
RELATED:
CNBC - Op-Ed: Here's what's worrisome about Foxconn's plan to build a plant in the US - 5 hours 51 min ago
CNN - Foxconn invests in Wisconsin: Workers 'should be wary' - 10 hours 36 min ago
AP - Foxconn: World's No. 1 contract electronics maker - 14 hours 1 min ago
Indiatimes - Donald Trump announces $10 billion Foxconn plant in Wisconsin - 19 hours 1 min ago
New York Times - Foxconn Says It Plans to Build Factory in Wisconsin, Adding 3,000 Jobs - 20 hours 47 min ago
Bloomberg - Trump Announces Foxconn's Plan to Open U.S. Factory - 22 hours 58 min ago
COMMENTARY:
Washington Post - Foxconn deal would cost Wisconsin $230,700 per worker - 3 hours 30 min ago
Fox Business - The Latest: Walker says Foxconn incentives tied to new jobs - 8 hours 28 min ago
SCMP - Foxconn bets big on US expansion, Trump, and unfettered demand for hi-tech devices - 9 hours 50 min ago
VIDEO:
CNBC Video - Foxconn is investing $10 billion in the US - 3 hours 30 min ago
CNN Video - Foxconn promises jobs in Wisconsin: A reality check - 10 hours 13 min ago
Reuters Video - Foxconn announces U.S. manufacturing plant in Wisconsin - 15 hours 14 min ago



Shkreli's lawyer uses potato chips, Borscht Belt jokes and jibes of 'rich people B.S.' in summation
CNBC - 52 min 26 sec ago
Jurors could begin deliberating Shkreli's fate on Friday.
RELATED:
CNN - Martin Shkreli's fraud trial is coming to a close - 2 hours 1 min ago
CNBC - Prosecution says 'all the information' Martin Shkreli's investors got 'was false' - 2 hours 38 min ago
COMMENTARY:
NY Post - Shkreli lied about his entire life to lure investors: prosecutors - 4 hours 29 min ago
Washington Post - Martin Shkreli told 'lies upon lies,' prosecutors tell Brooklyn jury in closing statements in securities fraud trial - 6 hours 30 min ago
LA Times - Martin Shkreli repeatedly lied to investors, prosecutor says in closing arguments - 6 hours 36 min ago
Zero Hedge - Jury Could Have Martin Shkreli Verdict As Soon As Friday - 7 hours 6 min ago
VIDEO:
CNBC Video - Closing arguments underway in 'Pharma Bro' Martin Shkreli trial - 5 hours 47 min ago



Trump and Congress offer vague tax guidelines
Indiatimes - 1 hour 31 min ago
WASHINGTON (AP) — After roughly three months of closed-door talks, the Trump administration and Republican congressional leaders appear to have made little concrete progress on a plan to overhaul the tax code and lower business and personal rates.
RELATED:
Indiatimes - Steve Bannon wants 44% tax rate on income above $5 million - 2 hours 31 min ago
CNN - The most controversial tax reform proposal is officially dead - 2 hours 40 min ago
CNBC - Retailers cheer the death of the border adjustment tax - 3 hours 15 min ago
Bloomberg - Border Adjustment Tax Out of Tax Reform Plan - 3 hours 58 min ago
New York Times - Trump and Congress Reach Deal on Principles of Tax Overhaul - 4 hours 7 min ago
Euronews - View: Why tax cuts for the rich solve nothing - 10 hours 20 min ago
COMMENTARY:
LA Times - California's tax board members aren't happy about how new disclosure rules are being applied - 46 min 26 sec ago
Washington Post - Paul Ryan admits defeat, giving up on border adjustment tax - 3 hours 30 min ago
BusinessInsider - One of the most controversial parts of the Republican tax plan is dead - 3 hours 57 min ago
Fox Business - GOP ready to begin producing tax reform, border-adjustment tax is dead - 3 hours 59 min ago
Zero Hedge - BAT Is Dead: Republicans Kill Border Adjustment Tax - 4 hours 11 min ago
The Guardian - Donald Trump's tax cuts for the rich won't make America great again | Joseph Stiglitz - 11 hours 48 min ago
VIDEO:
CNBC Video - Border adjustment tax was holding things up: Larry Kudlow - 2 hours 51 min ago



Booming stocks and credit, falling U.S. dollar seen giving Fed cover to hike
Reuters - 2 hours 4 min ago
NEW YORK (Reuters) - Despite analysts' chatter that sluggish inflation may prevent the Federal Reserve from raising interest rates further soon, the rosy scene in financial markets might allow U.S. policy-makers to squeeze in another rate hike this year after all.
RELATED:
AP - Trump choice for Fed board says he likes rule change ideas - 3 hours 1 min ago
CNBC - Watch: Fed board nominee Randal Quarles faces Senate hearing - 8 hours 18 min ago
Reuters - Wall Street set to rise on strong earnings, dovish Fed - 9 hours 20 min ago
COMMENTARY:
Fox Business - Trump choice for Fed board says he likes rule change ideas - 2 hours 51 min ago
Zero Hedge - The Fed Remains On Course... To Trouble - 4 hours 18 min ago
BusinessInsider - Elizabeth Warren unloads on Trump's pick to lead Fed bank regulation - 6 hours 56 min ago
Economist's View - Fed Watch: FOMC Snoozefest - 7 hours 4 min ago
24/7 Wall St. - Chicago Fed Saw Stronger National Activity in June - 8 hours 27 sec ago
The Guardian - Pound hits 10-month high against dollar after Fed caution – business live - 15 hours 13 min ago
SCMP - Chinese yuan rises to 9-month high after US Fed holds rates steady - 15 hours 18 min ago
VIDEO:
CNBC Video - Fed nominee Quarles: Time to step back from some banking regulations - 6 hours 9 min ago



Shale oil players are cutting spending on drilling, and investors could reward them for it
CNBC - 2 hours 6 min ago
U.S. shale oil drillers are trimming capital spending plans after oil prices languished below $50 throughout much of the second quarter.
RELATED:
Reuters - Europe's oil giants recover from three-year slump - 13 hours 46 min ago
COMMENTARY:
Fox Business - Oil prices hover near 8-week highs - 18 hours 35 min ago
VIDEO:
CNBC Video - Shell CEO gives projections for oil price - 15 hours 23 min ago



Government entities may get cover against cyberattacks
Indiatimes - 2 hours 31 min ago
The govt is looking at a firewall for govt infrastructure, at least initially, since non-state entities, particularly multinationals, may be concerned about being watched.
RELATED:
CNBC - At Black Hat Conference, good guy hackers have a bleak view of US cybersecurity - 7 hours 56 min ago
BBC - TNT cyber-attack crippling small firms, says FSB - 11 hours 48 min ago



A widely followed signal on Wall Street shows tech stocks are rising too fast
CNBC - 2 hours 57 min ago
The RSI of the NASDAQ is the highest its been in years
RELATED:
CNBC - Wall Street veteran Howard Lutnick: Trump agenda will help real estate and 'bump' up financials - 5 hours 13 min ago
COMMENTARY:
BusinessInsider - Amazon misses Wall Street expectations by a mile (AMZN) - 2 hours 31 min ago
Fox Business - Wall Street needs you to borrow against your stock - 13 hours 26 sec ago
VIDEO:
Reuters Video - Tech slides on Wall Street - 2 hours 2 min ago
CNBC Video - Wall Street legend Byron Wien finds something about this market to be 'disturbing' - 4 hours 24 min ago
CNN Video - Earnings fuel Wall Street's record run - 21 hours 22 min ago



Here Are the Places in the U.K. That Will Be Hit Hardest by Brexit
Bloomberg - 3 hours 43 min ago
Brexit will hit Scottish oil capital Aberdeen the hardest of all Britain’s cities, with London also ranking highly and facing a medium-term blow to economic output of as much as 2.6 percent, academics at the London School of Economics said.
RELATED:
Euronews - UK: pre-Brexit consultation on EU migrants - 5 hours 29 min ago
Bloomberg - Boris Johnson Puts on Show: Brexit Paranoia Like Millennium Bug - 8 hours 49 min ago
Indiatimes - Britain says free movement of people with EU will end after Brexit - 14 hours 31 min ago
BBC - Aberdeen 'worst hit by hard Brexit' in UK, experts predict - 22 hours 59 min ago
COMMENTARY:
Zero Hedge - Gold Surges To 6-Week Highs As Stocks Get De-FANGed, Trannies Worst Day Since Brexit - 2 hours 28 min ago
The Guardian - Aberdeen to be worst hit by Brexit but all British cities will suffer – report - 7 hours 33 min ago



Apple discontinues iPod nano and iPod shuffle
CNN - 4 hours 8 min ago
It's been a rough week for nostalgic tech.
RELATED:
CNBC - Apple is discontinuing the iPod Shuffle and Nano - 4 hours 43 min ago
CNN - Samsung's profit may top Apple's for the first time ever - 12 hours 32 min ago
Indiatimes - Samsung Electronics' record earnings see it overtake Apple - 19 hours 1 min ago
COMMENTARY:
Zacks - Here's Why Apple (AAPL) Stock Is Sinking Today - 2 hours 50 min ago
Fox Business - Better Buy: Fitbit Inc. vs. Apple - 3 hours 24 min ago
BusinessInsider - A new leaked photo backs up rumors that Apple's next iPhones will come with wireless charging - 4 hours 52 min ago
LA Times - Apple is ordered to pay $506 million in Wisconsin patent infringement case - 5 hours 31 min ago
TechCrunch - Apple discontinues iPod nano and shuffle and doubles iPod touch capacities to 32GB and 128GB - 5 hours 49 min ago



Google is quietly buying properties worth $820 million in Silicon Valley as it looks to keep growing
CNBC - 4 hours 11 min ago
Google is reportedly buying up land in Sunnyvale, long-time home of Yahoo, to find room for future employees.
RELATED:
Indiatimes - Google hopes to train 10 million people in Africa in online skills: CEO - 6 hours 1 min ago
COMMENTARY:
BusinessInsider - THE BOTTOM LINE: Google's earnings overreaction and the raging debate over AI - 1 hour 42 min ago
The Intercept - Steve Bannon Wants Facebook and Google Regulated Like Utilities - 5 hours 59 min ago
TechCrunch - YouTube Red and Google Play Music to merge, says report - 8 hours 38 min ago



Average US mortgage rates fall for 2nd straight week
AP - 5 hours 1 min ago
WASHINGTON (AP) -- Long-term U.S. mortgage rates fell this week for the second week in a row, despite the Federal Reserve's efforts to lift borrowing costs....
RELATED:
CNBC - Mortgage industry under fire again ... from younger buyers - 8 hours 50 min ago
COMMENTARY:
BusinessInsider - Citi just drew an 'eerily reminiscent' parallel between student loans and the subprime mortgage crisis - 3 hours 24 min ago
Fox Business - Average US mortgage rates fall for 2nd straight week - 5 hours 15 min ago
Washington Post - Mortgage rates slide lower as Fed considers unwinding its balance sheet - 7 hours 30 min ago
Zacks - Arch Capital (ACGL) Beats on Q2 Earnings, Mortgage Soars - 8 hours 1 min ago



Facebook is now letting businesses set up shopping and payment buttons on Messenger
CNBC - 5 hours 31 min ago
It hopes the push will encourage more businesses to adopt using Facebook Messenger.
RELATED:
CNBC - By one measure, Facebook just made Alphabet CFO Ruth Porat look like a spendthrift - 5 hours 38 min ago
CNN - Facebook and Amazon hit $500 billion milestone - 8 hours 2 min ago
Reuters - Facebook shares surge as results quash fears of slowing growth - 8 hours 24 min ago
Indiatimes - Facebook profit jumps as user ranks grow - 17 hours 1 min ago
New York Times - Facebook’s Profit and Revenue Surge, Despite Company Predictions of a Slowdown - 23 hours 8 min ago
COMMENTARY:
BusinessInsider - Facebook lost billions in value in seconds after its earnings before rebounding dramatically (FB) - 2 hours 58 min ago
TechCrunch - Wit.ai is shutting down Bot Engine as Facebook rolls NLP into its updated Messenger Platform - 3 hours 33 min ago
Fox Business - Facebook's 2017 Profitability Will Be Even Better Than Expected - 8 hours 31 min ago
Zacks - Tech ETFs to Tap on Facebook's Solid Q2 - 8 hours 35 min ago
24/7 Wall St. - Top Analyst Upgrades & Downgrades: AK Steel, Boeing, Facebook, Newmont, Kinder Morgan, PayPal, State Street and More - 9 hours 46 min ago
NY Post - Facebook shows no signs of slowing down - 20 hours 4 min ago
LA Times - Video is Facebook's future. But it's not good for profits yet - 22 hours 36 min ago
The Guardian - Facebook posts $3.89bn quarterly profit, up 71% from last year - 22 hours 45 min ago
VIDEO:
CNBC Video - Facebook reports strong daily active user growth as opposed to Twitter: Canaccord Genuity's Michael Graham - 5 hours 23 min ago
Reuters Video - Facebook adds more friends in ads - 11 hours 15 min ago



Deutsche Bank execs give up $45 million in bonuses
CNN - 5 hours 37 min ago
A group of former and serving senior Deutsche Bank executives have agreed to give up nearly $45 million in bonuses.
RELATED:
AP - Deutsche Bank sees profit rebound; CEO not satisfied - 16 hours 1 min ago
CNBC - Deutsche Bank reports surprise surge in profits for second quarter - 16 hours 54 min ago
Reuters - Deutsche Bank posts unexpectedly sharp rise in second-quarter profit - 16 hours 58 min ago
COMMENTARY:
NY Post - Deutsche Bank execs forfeit $45 million in bonuses - 3 hours 9 min ago
Zacks - Deutsche Bank (DB) Posts Impressive Q2 Earnings, Costs Down - 7 hours 48 min ago
24/7 Wall St. - With Earnings Over, Deutsche Bank Says Buy These Top Banks Now - 10 hours 6 min ago
Zero Hedge - Deutsche Bank Tumbles After Abysmal Trading Results - 12 hours 22 min ago
Fox Business - Deutsche Bank sees profit rebound; CEO not satisfied - 16 hours 11 min ago
VIDEO:
CNBC Video - Deutsche Bank CEO: Macro-economic picture 'actually quite positive' - 13 hours 32 min ago



Farmers fear Trump's tough trade rhetoric may color NAFTA talks, push for change
CNBC - 6 hours 25 min ago
With NAFTA talks around the corner, there's a worry earlier rhetoric may work against U.S. agriculture producers.
RELATED:
Reuters - Europe seeks to set global trade rules after Trump steps back - 16 hours 23 min ago
COMMENTARY:
BusinessInsider - Trump’s talk of a trade deal with the UK shows he has no idea how Brexit works - 7 hours 52 min ago



US weekly requests for jobless aid up 10K, to 244,000
AP - 8 hours 1 min ago
WASHINGTON (AP) -- More Americans applied for jobless aid last week, though the number of people seeking benefits remains near historic lows pointing to a healthy job market....
RELATED:
CNBC - Jobless claims rise from three-month low - 9 hours 48 min ago
Reuters - Jobless claims rise from three-month low - 9 hours 52 min ago
COMMENTARY:
Fox Business - US weekly requests for jobless aid up 10K, to 244,000 - 9 hours 53 min ago
VIDEO:
CNBC Video - Initial jobless claims up 10K to 244,000, durable good up 6.5% in June - 10 hours 1 min ago



Citigroup to move part of private banking to Madrid due to Brexit: source
Reuters - 8 hours 28 min ago
MADRID (Reuters) - Citigroup is at an advanced stage in plans to move part of its private banking unit from London to Madrid next year as a result of Britain's decision to leave the European Union, a source familiar with the matter said on Thursday.
VIDEO:
CNBC Video - Citigroup CEO Michael Corbat loves his cubicle - 21 hours 31 min ago



U.S. durable goods, trade data point to pick-up in second-quarter growth
Reuters - 9 hours 7 min ago
WASHINGTON (Reuters) - New orders for key U.S.-made capital goods unexpectedly fell in June, but a fifth straight monthly increase in shipments suggested that business spending on equipment supported economic growth in the second quarter.
RELATED:
CNBC - US durable goods orders climb 6.5 percent in June - 9 hours 11 min ago
AP - US durable goods orders climbed 6.5 percent in June - 9 hours 31 min ago
COMMENTARY:
Zacks - Jobless Claims, Durable Goods, Q2 Earnings: All Favorable (Except Twitter) - 8 hours 22 min ago
Zero Hedge - Core Durable Goods Orders Disappoint But Aircraft Orders Surge 131% - 9 hours 46 min ago
Fox Business - US durable goods orders climbed 6.5 percent in June, most in nearly three years, on surging demand for civilian aircraft - 9 hours 59 min ago



AstraZeneca shares take historic tumble on failed lung cancer study
CNBC - 9 hours 19 min ago
AstraZeneca shares fell 15 percent after disappointing results for a lung cancer treatment.
RELATED:
CNBC - AstraZeneca shares suffer biggest ever daily fall as lung cancer study fails - 10 hours 31 min ago
AP - Shares in AstraZeneca dive as key cancer drug trial fails - 12 hours 1 min ago
New York Times - AstraZeneca’s Cancer Drug Trial Disappoints, Sending Shares Lower - 12 hours 32 min ago
BBC - AstraZeneca drags down FTSE 100 - 15 hours 4 min ago
COMMENTARY:
The Guardian - AstraZeneca boss Pascal Soriot's 'pivotal' year is turning out horribly - 7 hours 12 min ago
BusinessInsider - AstraZeneca plunges 16% after its lung cancer drug failed a key trial (AZN) - 9 hours 30 min ago
Fox Business - AstraZeneca revenue down as key drugs lose patent protection - 14 hours 57 min ago
VIDEO:
CNBC Video - AstraZeneca shares plunge 16 percent as lung cancer study fails - 8 hours 35 min ago



Here's why some Americans are risking their life savings on a Bitcoin IRA
CNBC - 9 hours 59 min ago
Despite Bitcoin's volatile nature, some mom-and-pop investors are choosing to pack their retirement savings into it.
RELATED:
CNBC - Here's why a BitcoinIRA is enticing some to risk their savings - 10 hours 2 min ago
New York Times - Bitcoin Exchange Was a Nexus of Crime, Indictment Says - 18 hours 28 min ago
COMMENTARY:
The Economist - Making Bitcoin work better - 7 hours 43 min ago
24/7 Wall St. - The Wild Ride That Is Bitcoin Is Gaining in Popularity: Here’s a Primer on What It Is - 7 hours 46 min ago
Zero Hedge - Greece Arrests Russian "Mastermind" Behind $4 Billion Bitcoin Laundering Scheme - 8 hours 5 min ago
BusinessInsider - US indicts alleged Russian money-laundering 'mastermind' behind $4 billion bitcoin exchange - 11 hours 50 min ago
VIDEO:
CNBC Video - The man who predicted the dotcom bubble calls bitcoin a 'pyramid scheme' - 6 hours 16 min ago
Reuters Video - U.S. indicts alleged bitcoin laundering 'mastermind' - 15 hours 36 min ago



Volkswagen to offer to refit 4 million diesel cars: CEO
Indiatimes - 12 hours 1 min ago
Carmakers in Germany are pressed by regulators and politicians to clean up their diesel engines.
RELATED:
BBC - Volkswagen shrugs off cartel allegations - 13 hours 58 min ago
Indiatimes - Volkswagen profit jumps as core brand pushes cost cuts, models - 14 hours 31 min ago
COMMENTARY:
Fox Business - Volkswagen earnings rise in stronger European economy - 15 hours 2 min ago



Royal Dutch Shell's earnings more than triple in 2Q
AP - 15 hours 31 min ago
LONDON (AP) -- Royal Dutch Shell says second-quarter earnings more than tripled as it benefited from a cost-cutting drive and recovering oil prices....
RELATED:
CNBC - Shell profits triple but low oil prices mean it's remaining 'very disciplined' - 15 hours 44 min ago
COMMENTARY:
Zacks - Shell's (RDS.A) Q2 Earnings Soar as Cost Cuts Pay Off - 9 hours 5 min ago
Fox Business - Shell profits triples on stronger refining, oil prices - 15 hours 32 min ago



Samsung Electronics Expects Continued Chip Boom
New York Times - 21 hours 9 min ago
Samsung just reported a record operating profit for the three months through June.
RELATED:
Reuters - Samsung Electronics expects continued chip boom after record second-quarter profit - 22 hours 11 min ago
Bloomberg - Summer of Samsung: A Corruption Scandal, a Political Firestorm—and a Record Profit - 22 hours 22 min ago
CNBC - Samsung Electronics tops its own guidance on operating profit and revenue - 22 hours 37 min ago
COMMENTARY:
BusinessInsider - Samsung is smashing it with record profits, despite a corruption scandal - 13 hours 10 min ago
TechCrunch - Samsung posts record quarterly profit despite scandals - 14 hours 7 min ago
Fox Business - Samsung expects continued chip boom after record 2Q profit - 18 hours 3 min ago
VIDEO:
Reuters Video - Samsung posts record profit amid chip boom - 8 hours 37 min ago
CNBC Video - Buy Samsung on the dips? - 19 hours 49 min ago



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