Reuters Dollar despairs on hawkish central banks, Asia stocks join global slumpReutersA man (3rd L) looks at an electronic stock quotation board as passers-by walk past, outside a brokerage in Tokyo, Japan January 20, 2016. REUTERS/Toru Hanai. By Nichola Saminather | SINGAPORE. SINGAPORE The dollar extended its losses on Friday …FOREX-Dollar index trudges near 9-month low […]
Reuters Walgreens scraps Rite Aid merger, will instead buy half its storesReuters(Reuters) – Drugstore chain Walgreens Boots Alliance Inc scrapped its deal to buy Rite Aid Corp after failing to win antitrust approval, but said it would instead buy nearly half of the smaller rival's U.S. stores for $5.18 billion. Rite Aid's shares …Walgreens trims […]
New York Post New York Times employees stage walkout over staff cutsNew York PostAbout 450 workers at the New York Times staged a 20-minute walkout Thursday in protest of pending job cuts to the newspaper's copy desk. “It was a show of real solidarity — not just by editors but also by reporters and non-Guild […]
MarketWatch Micron benefits from high memory prices and new phones in the fallMarketWatchMicron Technology Inc.'s fiscal third quarter and outlook again surpassed Wall Street's estimates, thanks to the continuing healthy demand for memory chips, including upcoming autumn launches of new smartphones. Micron's stock has been on a tear in the …Micron Technology's (MU) CEO Sanjay Mehrotra […]
New York Times MTA Asks Transit Fans, 'Who Wants to Be a Subway-Saving Millionaire?'New York TimesThe Metropolitan Transportation Authority chairman Joseph J. Lhota said “no idea is too crazy” at a sober-minded kickoff on Thursday for a contest to improve New York City's subway system. Credit Victor J. Blue for The New York Times. An […]
Newsweek Move over hoverboards — electric fidget spinners are the latest toy to start explodingSacramento BeeThe fidget spinner craze that has swept through the U.S. in recent months has reached its inevitable conclusion: The tri-pronged little toys have began erupting in flames. According to Gizmodo, there have been two recently documented cases of exploding …Your Fidget […]
CNBC Nike tops Wall Street expectations; confirms deal with AmazonCNBCNike's fourth-quarter earnings and sales came in above Wall Street's expectations, sending the stock higher after hours on Thursday. Nike said its international geographies and its direct-to-consumer businesses fueled sales growth in the latest quarter …Nike: Shareholders Will Not Be Rewarded For Holding This StockSeeking AlphaNike […]
Financial Express On a lighter note….I wonder if there will be official sanctions on "Morning Joe" hosts as well?ForexLiveThe POTUS went on the attack against morning show hosts Joe Scarborough and his fiance Mika Brzenzinski on Twitter today. Apparently they speak badly about the President. The WH response: "I don't think that the president's ever […]
Investor’s Business Daily Amazon Gets Set For Busy Shopping Event On Prime DayInvestor’s Business DailyAmazon (AMZN) has set July 11 as Prime Day, the third year in a row for the e-commerce giant in what has been its busiest shopping day of the year. This year's event is designated to last 30 hours, starting at […]
New York Times Staples to Sell for $6.9 Billion, and Its New Owner Has an Uphill BattleNew York TimesThe retailer Staples is said to have agreed to sell itself to a private equity firm, Sycamore Partners. Credit Lucy Nicholson/Reuters. As online shopping claims ever more casualties, Staples, a mainstay of office supplies, has agreed to […]