Business Insider |
Wall Street Week Ahead: Again at highs, stocks to take cues from consumer
Business Insider NEW YORK (Reuters) – A U.S. stock market that rose again to record highs on Friday on the back of a robust employment report will take its cues next week from a facet of the economy that also has shown signs of strength: the consumer. Quarterly … S&P 500 Weekly Update: New Highs,Time To Focus On Growth And EnergySeeking Alpha Investors could see U.S. profit slide continue into third quarterYahoo News S&P 500 May See Declines For 2016ValueWalk Nasdaq –TradingFloor.com –Market Realist all 12 news articles » |
Wall Street Journal |
Nasdaq and S&P 500 Climb to Records
Wall Street Journal Stocks rallied Friday, pushing the tech-heavy Nasdaq Composite Index and the broader S&P 500 to records, as renewed confidence in the U.S. economy and continued help from central banks around the world have sent investors back into riskier assets. S&P 500 Shakes Off Doldrums to End Week at Record on Jobs ReportBloomberg Payrolls power Wall Street to record highReuters S&P 500, Nasdaq rally to record high close on robust jobs dataMarketWatch CNBC –TheStreet.com –USA TODAY –Detroit Free Press all 143 news articles » |
Chicago Tribune |
Giant bus that straddles roads to go over cars takes off in China
Chicago Tribune Every urban commuter laments the twice-a-day headache of traffic congestion and the often disappointing alternatives that mass transit offers. A Chinese company has officially rolled out one potential solution: the TEB-1, or Transit Elevated Bus. The … Will China's 'elevated bus' really work?CNNMoney China Tests Elevated Bus That Glides Over Traffic (PHOTOS) | The Weather ChannelThe Weather Channel Chinese company tests giant bus that drives over cars Times Herald-Record GOOD Magazine –WIRED –CRIENGLISH.com –Popular Mechanics all 60 news articles » |
Reuters |
Strong US employment report brightens economic outlook
Reuters WASHINGTON U.S. employment rose more than expected for the second month in a row in July and wages picked up, bolstering expectations of faster economic growth, and raising the probability of a Federal Reserve interest rate increase this year. Nonfarm … Robust Jobs Report Spurs Fed WatchWall Street Journal 5 Things to Know About the Economy This Week: 8/5/2016U.S. News & World Report As Job Growth Goes, So Goes the Election?New York Times (blog) Politico –New York Post –Houston Chronicle –Bloomberg all 227 news articles » |
Wall Street Journal |
Bristol Myers: Opdivo Failed to Meet Endpoint in Key Lung-Cancer Study
Wall Street Journal A cancer drug's surprise failure in a clinical trial wiped $20 billion off Bristol-Myers Squibb Co. BMY -15.99 % 's market value Friday, and raised questions about one of the industry's hottest research areas: drugs that harness the body's immune … Bristol-Myers Squibb's Bad News Buoys MerckBarron’s Bristol-Myers Squibb's lucrative Opdivo fails lung cancer trailNew York Post Cancer bet bites Bristol-Myers investorsThe Mercury News Reuters –CNBC –The Boston Globe –Bloomberg all 165 news articles » |
Washington Post |
Donald Trump's new team of billionaire advisers could threaten his populist message
Washington Post Republican presidential candidate Donald Trump on Friday announced a new team of ultra-rich financiers and businessmen as his core economic advisers, a move that brings high-profile names to his inner circle but also may step on his populist claims to … Bartiromo: An early look at Trump's economic planUSA TODAY Trump's Economic Team: Bankers and Billionaires (and All Men)New York Times Meet Donald Trump's Economic AdvisorsTIME NPR –Bloomberg –Huffington Post –Wall Street Journal all 61 news articles » |
Business Insider |
PwC must face $1 billion MF Global lawsuit: US judge
Business Insider NEW YORK (Reuters) – A federal judge has rejected PricewaterhouseCoopers' bid to dismiss a $1 billion lawsuit claiming that its bad accounting advice helped cause the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage once run by former … |
USA TODAY |
30000 American Airlines workers to get 22% pay hikes
USA TODAY American Airlines reached an interim contract with 30,000 ground workers in a deal that union officials said would deliver an average pay raise of 22%. The agreement between American Airlines (AAL) and the TWU-IAM Association, announced Friday, … American Airlines hands out double-digit pay raises to 30000 workersDallas Morning News American Airlines mechanics, ground workers get double-digit percentage pay increaseFort Worth Star Telegram (blog) American Airlines Is About to Give 'Significant' Pay Raises to 30000 WorkersFortune Reuters –Forbes –ATWOnline –News On 6 all 47 news articles » |
TheStreet.com |
First Solar cuts profit guidance after charge
MarketWatch A failed bet on a solar panel technology spurred First Solar Inc. on Wednesday to report a sharp drop in second-quarter profit and cut its profit guidance for the year. The company last month said it would stop making solar panels that use crystalline … First Solar (FSLR) Mark R. Widmar on Q2 2016 Results – Earnings Call TranscriptSeeking Alpha First Solar Panel Production Swells 39% Amid Strategic ShiftBloomberg First Solar Rising: Q2 Earnings Crush Estimates; Affirms Year ViewBarron’s (blog) Fortune –Business Wire (press release) –TheStreet.com –Toledo Blade all 36 news articles » |
KRON4.com |
New security flaw in credit card chips revealed
KRON4.com (KRON) — Researchers said there could be a serious security flaw with chip-based credit cards, according to CNN Money. The concern is over the cards' magnetic strip, which is intended to tell a payment machine to use the chip. But researchers said … |