Top Business News provided by CBS Marketwatch©
- : A Tesla streaming-music service? Here’s what it might sound likeA new report said Elon Musk’s electric car company had contacted the major music labels about licensing a music service
- Economic Preview: American workers have done all they can do to grow the economy — now it’s the turn of businessOrdinary Americans have done about all they can do to help the nation’s economy and forestall the next downturn. Now they need help.
- The Tell: Is this the simple reason stock picking on Wall Street is dying?Much has been made about the death of stock picking, in the advent of exchange-traded funds and passive funds that track popular equity benchmarks.
- Project Syndicate: Who will fill America’s shoes?As Trump’s America pulls back from global leadership, Richard Haass wonders who will fill the void.
- The Wall Street Journal: After Grenfell: Every U.K. tower block inspected fails fire-safety testsU. K. authorities raised to 60 the number of residential towers in England that have failed fire-safety checks triggered by the lethal blaze in a London high-rise earlier this month, as concerns grew over the safety of residents in social housing
- This is why millennials can’t have nice things (or save any money)Avocado toast is the least of young Americans’ worries.
- Market Snapshot: Want to know where the stock market’s headed over the next 6 months? Don’t ask OPEC The vagaries of crude-oil and its gyrations appeared to weigh heavily on stocks in the past week, but as the landscape of rest of 2017 looks set to unfurl, it’s hard to make a case that a downturn in oil will be the dagger that takes out a bull market headed into its ninth year.
- Asia Markets: Asian markets gain, thanks to tech stocks and commodities Tech stocks and stabilizing commodity prices helped stocks in Asia start the week on an up note amid a lack of major data releases or other market catalysts.
- Paint your bathroom this color and boost your home’s selling price by $5,400Forget about leaving those walls white.
- This 23-year-old is using his phone to cross the country — but wants you to put yours down Ari Gootnick is testing the science between ‘four degrees of separation.’
A new report said Elon Musk’s electric car company had contacted the major music labels about licensing a music service
Ordinary Americans have done about all they can do to help the nation’s economy and forestall the next downturn. Now they need help.
Much has been made about the death of stock picking, in the advent of exchange-traded funds and passive funds that track popular equity benchmarks.
As Trump’s America pulls back from global leadership, Richard Haass wonders who will fill the void.
U. K. authorities raised to 60 the number of residential towers in England that have failed fire-safety checks triggered by the lethal blaze in a London high-rise earlier this month, as concerns grew over the safety of residents in social housing
Avocado toast is the least of young Americans’ worries.
The vagaries of crude-oil and its gyrations appeared to weigh heavily on stocks in the past week, but as the landscape of rest of 2017 looks set to unfurl, it’s hard to make a case that a downturn in oil will be the dagger that takes out a bull market headed into its ninth year.
Tech stocks and stabilizing commodity prices helped stocks in Asia start the week on an up note amid a lack of major data releases or other market catalysts.
Forget about leaving those walls white.
Ari Gootnick is testing the science between ‘four degrees of separation.’
Reuters©
- Japanese airbag maker Takata files for bankruptcy, gets U.S. sponsorTOKYO (Reuters) - Japan's Takata Corp , the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based Key Safety Systems.
- Asia stocks edge up on optimism over global growth, dollar softTOKYO (Reuters) - Asian shares edged up on Monday on optimism about global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.
- Loeb's Third Point targets 'staid' Nestle for change(Reuters) - Activist investor Daniel Loeb's Third Point LLC on Sunday unveiled a stake of more than 1 percent in Switzerland's Nestle SA and urged the world's largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses.
- Facebook in talks to produce original TV-quality shows: WSJ(Reuters) - Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday.
- Investing with 'green' ratings? It's a gray areaBOSTON/NEW YORK (Reuters) - Investors betting trillions on ethically-appealing stocks may not be getting all they expect.
- Oil's drop could leave a stain on earningsNEW YORK (Reuters) - Heading into second-quarter earnings season, investors are looking for a continuation of strong U.S. company results to justify high stock valuations, now trading near their loftiest levels since 2004.
- Pandora Media's CEO Tim Westergren to step down: Recode(Reuters) - Music streaming service Pandora Media Inc's founder and chief executive, Tim Westergren, plans to step down, Recode reported citing people familiar with the company's plans.
- China court hands jail terms to Australians in Crown Resorts trialSHANGHAI (Reuters) - A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos.
- RBS to cut 443 jobs in UK, move many of them to India(Reuters) - British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.
- Italy winds up Veneto banks at cost of up to 17 billion eurosMILAN/ROME (Reuters) - Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros ($19 billion) and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo.
TOKYO (Reuters) - Japan's Takata Corp , the firm at the centre of the auto industry's biggest ever product recall, filed for bankruptcy protection in the United States and Japan, and said it would be bought for $1.6 billion by U.S.-based Key Safety Systems.
TOKYO (Reuters) - Asian shares edged up on Monday on optimism about global growth, while the dollar was on the defensive as a subdued U.S. inflation outlook capped U.S. bond yields and raised questions about the Federal Reserve's plans to tighten policy.
(Reuters) - Activist investor Daniel Loeb's Third Point LLC on Sunday unveiled a stake of more than 1 percent in Switzerland's Nestle SA and urged the world's largest packaged foods maker to improve its margins, buy back stock and shed non-core businesses.
(Reuters) - Facebook Inc is in talks with Hollywood studios about producing scripted, TV-quality shows, with an aim of launching original programming by late summer, the Wall Street Journal reported on Sunday.
BOSTON/NEW YORK (Reuters) - Investors betting trillions on ethically-appealing stocks may not be getting all they expect.
NEW YORK (Reuters) - Heading into second-quarter earnings season, investors are looking for a continuation of strong U.S. company results to justify high stock valuations, now trading near their loftiest levels since 2004.
(Reuters) - Music streaming service Pandora Media Inc's founder and chief executive, Tim Westergren, plans to step down, Recode reported citing people familiar with the company's plans.
SHANGHAI (Reuters) - A Chinese court handed short jail terms to three Australian employees of Crown Resorts Ltd in a quick-fire trial following a lengthy probe into how the firm lured Chinese high-rollers to its casinos.
(Reuters) - British lender Royal Bank of Scotland is planning to cut 443 jobs dealing with business loans and many of them will move to India, the bank said.
MILAN/ROME (Reuters) - Italy began winding up two failed regional banks on Sunday in a deal that could cost the state up to 17 billion euros ($19 billion) and will leave the lenders' good assets in the hands of the nation's biggest retail bank, Intesa Sanpaolo.
