Reuters

Asian shares hit decade highs, dollar struggles at two-week trough
Reuters
SYDNEY (Reuters) – Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered around two-week lows on worries President Donald Trump's tax plan could stall. People walk past an electronic …
Asian Shares Rise After Dow Index in US Hits New Record HighU.S. News & World Report
Stocks in Asia Near Decade Highs; Euro Holds Gains: Markets WrapBloomberg
Asian shares hit decade highs after Wall Street ekes out fresh recordsBusiness Day
THE BUSINESS TIMES –Yahoo Singapore News –Hacked –International Business Times, Singapore Edition
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TechCrunch

Alibaba Group will invest $15B into a new global research and development program
TechCrunch
Alibaba Group announced today that it plans to invest more than $15 billion over the next three years into a global research and development initiative called Alibaba DAMO Academy. The Chinese tech giant said the program, which it is currently
Alibaba launches research arm for AI, quantum computing, and other emerging techVentureBeat
Alibaba's Meek Big SplashBloomberg
Alibaba says it will invest more than $15 billion over three years in global research programCNBC
The Straits Times –ZDNet –South China Morning Post –THE BUSINESS TIMES
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TwinCities.com-Pioneer Press

Honeywell spins off home-products, distribution operations
TwinCities.com-Pioneer Press
Honeywell is spinning off businesses with annualized sales of more than $7 billion, but holding on to its lucrative aerospace division. Becoming two separate and publicly traded companies, Honeywell said Tuesday, are its homes product portfolio and ADI …
Honeywell spinning off homes, distribution operationsMinneapolis Star Tribune
Honeywell Set to Spin Off 2 Units, but Keep Aerospace DivisionNew York Times
Honeywell spins off homes, distribution operationsABC News
Seeking Alpha –TheStreet.com –Barron’s –Financial Times
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CNBC

Cramer Remix : Why I like seeing activist pressure in stocks
CNBC
"Mad Money" host Jim Cramer digs into the recent activist activity at GE, P&G and others, and offers his take on how activist pressure can impact your investments. Cramer also speaks to the co-founder and CEO of Workday, who explains his company's new …
Peltz isn't admitting defeat in P&G board voteNew York Post
Procter & Gamble Just Won the Biggest Proxy Battle in History. What Does It Mean for Marketers?Adweek
Peltz's Activist Campaign Nears A Vote And Looking FavorableYahoo Finance
WCPO –Barron’s –Financial Times –New York Times
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Reuters

New Nobel Prize economist Thaler stumped by record markets
Reuters
BOSTON (Reuters) – University of Chicago professor Richard Thaler may have won the Nobel Economics Prize on Monday for his work on behavioural economics, but the behaviour of investors has him stumped. U.S. economist Richard Thaler, of the …
Your Evening BriefingBloomberg
Nobel Prize winner Richard Thaler says this could be 'the riskiest moment of our lives'MarketWatch
Nobel prize-winning economist's research into how you make choices could make your life betterCNBC
Harvard Business Review –Nasdaq –CBS News –Mic
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Bloomberg

Hyundai Mounts Charm Offensive at US Dealers to Stem Slump
Bloomberg
Hyundai Motor Co., mired in a sales slump, is turning on the charm offensive to combat decades of buyer frustration at America's car dealers. Dealerships in four U.S. cities will implement reforms including posting more transparent price and discount …
Going To A Dealer Sucks So Hyundai Is Trying To Fix ItJalopnik
Hyundai Aims To Make Car-Buying Experience EasierMediaPost Communications
Hyundai fights buyer's remorse with new money-back guarantee, shopper assistance programNew York Daily News
AdAge.com –Engadget –Ward’s Auto –Motor Trend
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Business Insider

Southwest Airlines will sell you select round-trip tickets for less than $100 for the next 72 hours
Business Insider
From Tuesday to Thursday, Southwest Airlines is selling one-way tickets for as low as $49. As a result, travelers could get their hands on round-trip tickets for less than $100 excluding taxes and fees. The $49 tickets are for the airline's shorter
Ready for a deal? Southwest Airlines launches fall & winter fare sale with $49 flightsAZCentral.com
Big bargains coming in for a landing during Southwest's fare saleKTRK-TV
Wanna get away, Michigan? Southwest fares fall below $100 as part of 72-hour saleDetroit Free Press
Dallas News (blog) –AOL –KPRC Houston –The Denver Channel
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Washington Post

Why Chicago's soda tax fizzled after two months — and what it means for the anti-soda movement
Washington Post
About two months after the country's largest soda tax went into effect, embattled lawmakers in Cook County, Ill. — the home of Chicago — have decided to repeal it. The tax has been plagued, in its very short life, by legal challenges, implementation
Taxwinkle's pop tax crushed by taxpayer revoltChicago Tribune
Cook County officials vote 15-1 to repeal sugary drink taxWLS-TV
Pop Tax Rejected By County Board Committee — Final Vote Set For WednesdayDNAinfo
Reason (blog) –Chicago Sun-Times –BevNET.com –Patheos (blog)
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Reuters

World economic growth improving, even as US, UK potential slows: IMF
Reuters
Workers dye fabrics inside a dye factory at an industrial area in Mumbai, India October 6, 2017. REUTERS/Shailesh Andrade. WASHINGTON (Reuters) – The current broad-based global economic upswing will likely be sustained this year and next, the …
IMF: US a Laggard as Global Growth AcceleratesU.S. News & World Report
IMF Warns Against Complacency Even as Global Growth Gains SteamBloomberg
IMF forecasts stronger global growthBBC News
Economic Times –Wall Street Journal –Washington Post –Business Today
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Fortune

Walmart Says Its Online Sales Will Explode Next Year Amid War With Amazon
Fortune
Walmart (WMT, +4.51%) expects little abatement in the pace of its torrid e-commerce growth next year, and the retailer's latest forecast sent shares up 2% on Tuesday. The world's largest retailer, for years slow to respond to Amazon.com (AMZN, -0.38
Walmart (WMT) Vs. Target (TGT): Which Stock Should You Buy?Nasdaq
Wal-Mart Expects Online Sales to Surge 40%Bloomberg
Walmart announces speedy returns programBusiness Insider
Chicago Tribune –Los Angeles Times –CNBC –Wall Street Journal
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