MarketWatch |
Nasdaq tumbles on tech selloff while Dow climbs to record close
MarketWatch The Dow closed at a record on Friday even as the Nasdaq skidded nearly 2% as the technology sector abruptly fell in afternoon trade. The Nasdaq's retreat comes on the heels of an early record and marked the biggest one-day decline for the Nasdaq since … Nasdaq 100 dips, as techs take a hitThe Boston Globe You Never See It Coming: Nasdsaq Drops 1.8% as Dow Hits New HighsBarron’s Dow, Russell 2000 hit new highs; uneven finish for US stocksWashington Post VentureBeat –Investor’s Business Daily –Nasdaq –Fox Business all 71 news articles » |
Washington Post |
A rule meant to protect retirement savers is in effect for now, despite GOP efforts to kill it
Washington Post A rule meant to make it easier for retirement savers to trust their financial advisers began its long-awaited roll out on Friday. But investors may not want to let their guard down just yet. Implementation of the retirement rule, which requires brokers … What Protects Investors More Than The Fiduciary RuleForbes Labor Department falters on fiduciary ruleThe Hill (blog) Field Assistance Bulletin No. 2017-02 | United States Department of LaborUnited States Department of Labor United States Department of Labor –United States Department of Labor –Wall Street Journal –Federal Register all 125 news articles » |
Chain Store Age |
Apparel giant in store closing move amid sales drop
Chain Store Age Ascena Retail Group, operators of such brands as Ann Taylor, Lane Bryant and Dressbarn, is planning to close hundreds of stores. The news came on the heels of a brutal quarter. The company reported a net loss of $1.031 billion, or $5.29 per diluted … |
USA TODAY |
World's largest cruise ship, Symphony of the Seas, takes to water for first time
USA TODAY The construction of Symphony of the Seas, the largest cruise ship ever, hit a major milestone on Friday as the ship took to the water for the first time. The 230,000-ton Royal Caribbean vessel was floated out from a dry dock at the giant STX … World's largest cruise ship gets first taste of waterOrlando Sentinel Royal Caribbean Cruises Ltd. (RCL)Zacks.com |
CNBC |
Apple, Facebook and other big tech stocks tank, weigh on Wall Street
CNBC Facebook, Apple, Amazon.com, Alphabet, Microsoft all fell more than 3 percent Friday as investors rotated out of the stocks. The group has been the market's leaders and is behind about 40 percent of its performance this year. Goldman Sachs analyzed the … Tech stocks are getting slammedBusiness Insider A new bubble bursting? Tech stocks plungeCNNMoney Tech stocks nosedive after Goldman Sachs report releasedNew York Post Nasdaq –Barron’s –Investor’s Business Daily –Institutional Investor all 25 news articles » |
Reuters |
British pound falls after UK election shock, dollar gains
Reuters NEW YORK The British pound fell to a seven-week low on Friday after a shock election result cast doubt on Britain's talks to leave the European Union, but key indices hit fresh record highs before tumbling technology shares drove the Nasdaq and S&P 500 … British pound drops sharply as Conservatives fall short of a majorityCNBC |
Reuters |
EU antitrust regulators to investigate $38 billion Qualcomm, NXP deal
Reuters A Qualcomm sign is pictured at one of its many campus buildings in San Diego, California, U.S. April 18, 2017. REUTERS/Mike Blake. By Foo Yun Chee | BRUSSELS. BRUSSELS EU antitrust authorities opened an investigation on Friday into Qualcomm's … Europe's Anti-Trust Chief Chips Away at Qualcomm's Deal for NXPTheStreet.com Brussels launches probe into Qualcomm-NXP dealFinancial Times EU Opens In-Depth Probe Into Qualcomm-NXP Deal–UpdateFox Business Zacks Investment Research all 107 news articles » |
Washington Post |
The Energy 202: What the Dodd-Frank rollback could mean for energy companies
Washington Post THE LIGHTBULB. House Speaker Paul D. Ryan (R-Wis.) during a press conference where he delivered remarks on the Financial Choice Act. (EPA/SHAWN THEW). While everyone was watching James B. Comey's testimony in the Senate on Thursday, the … Treasury won't push to gut post-crisis bank rules, report will showPolitico Here Are All The Financial Reforms That Will Disappear With Dodd-FrankForbes He fought the bailouts in 2008. Jeb Hensarling's next move: take down Dodd-FrankLos Angeles Times The Hill –National Review –New York Times –Slate Magazine (blog) all 443 news articles » |
In this week’s episode, the GreenBiz 2017 30 Under 30 define the future of sustainability, net-zero buildings set a solid foundation and pallets make change for the long haul.
In response to consumer demand, the world’s largest diamond retailer launched open-sourced supplier protocols to stem the flow of conflict diamonds.