• Markets Right Now: Indexes end mostly higher on Wall Street

    4 monthes ago - By Chron

    NEW YORK - The latest on developments in financial markets :
    4 p.m.
    Stocks are ending mostly higher after several big U.S. companies turned in strong quarterly results.
    Google's parent company Alphabet climbed 3.9 percent and Harley-Davidson jumped 7.7 percent. Drugmaker Biogen rose 4.1 percent.
    Appliance maker Whirlpool plunged 14.5 percent after its results came in well under analysts' forecasts. The company said tariffs on imported steel and aluminum were hurting its profits.
    Small-company stocks, which have been beating the rest of the market this year, turned lower.
    The S&P 500 index...
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  • AT&T subscriber growth beats estimates

    4 monthes ago - By Reuters

    AT&T Inc added a net 46,000 postpaid mobile phone subscribers in the second quarter, beating Wall Street estimates as the No. 2 U.S. wireless carrier ground out some growth in a saturated market.
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  • Sorting Out Imported Cars From Domestic Ones: It Can Be Complicated

    4 monthes ago - By Forbes

    The Commerce Department is investigating whether to slap a 25-percent tariff on imported autos and auto parts, ostensibly to protect U.S. national security. But fewer cars and trucks are purely import or domestic nowadays.
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  • Citron's Left reiterates belief AbbVie shares will fall sharply

    4 monthes ago - By Reuters

    Short-seller Andrew Left's Citron Research expanded on his prediction that U.S. drugmaker AbbVie Inc's stock would fall to $60 a share, arguing that new regulations to speed biosimilar drugs to the market and reform rebates will hurt revenue from the company's top-selling drug, Humira.
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  • U.S. Retail Pricing Power Weak but Improving

    4 monthes ago - By Economy

    The recovery has been widespread across segments.
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  • US House Panel Approves Bill to Streamline Fed Insurance Oversight

    4 monthes ago - By A.M. Best

    A U.S. House committee approved a bill to require the Federal Reserve Board of Governors to tailor its supervision of insurance companies that own depository institutions to take into account how ...
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  • U.S. safety board to hold hearing on fatal Southwest engine failure

    4 monthes ago - By Reuters

    The National Transportation Safety Board said on Tuesday it will hold an investigative hearing in November about a midair incident in April in which an engine on a Southwest Airlines Boeing 737 exploded over Pennsylvania, killing one passenger.
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  • August could be wild month for oil market with mounting worries Iran may restart nuclear program

    4 monthes ago - By CNBC

    Rhetoric between the U.S. and Iran could ramp up even more in early August as a first round of sanctions on Iran is set to kick in - and that could create even more oil price volatility.
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  • 3M's second quarter beats expectation

    3M's second quarter beats expectation

    4 monthes ago - By Stl Today

    3M Company, the Maplewood, Minn.-based giant best known for making Scotch tape and Post-It Notes, beat expectations for its second quarter with strong growth across all five businesses, most notably Safety/Graphics and Industrial, officials announced Tuesday. For the quarter ended...
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  • Trump hasn't made the U.S. economy better, but Brexit has made the U.K. economy worse

    4 monthes ago - By Washington Post


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  • Illinois worker in Supreme Court union case joins think tank

    4 monthes ago - By Stl Today

    CHICAGO - The Illinois worker behind the lawsuit that led to the U.S. Supreme Court decision that eliminated fees paid by nonmembers of public employee unions is joining the group that oversaw his case.
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  • As Cord-Cutters Jump More Than 30% In 2018, Pay TV Sees Mass Exodus

    4 monthes ago - By Forbes

    According to eMarketer's latest forecast on U.S. pay TV versus OTT, the number of those cutting the cord will climb 32.8% this year to 33 million, higher than the 22% growth rate that was originally projected July 2017.
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  • Two private equity firms just created the largest private provider of public safety services in the U.S

    Two private equity firms just created the largest private provider of public safety services in the U.S

    4 monthes ago - By Tech Crunch

    Bain Capital and Vista Equity Partners, two multi-billion-dollar private equity firms, have just created a company providing software and services for public safety and government management whose technology touches roughly three-fourths of the U.S. population.
    By merging TriTech Software Services , a technology provider to first responders across the country; Superion , which sells emergency management and back office software for government operations ; and the public sector and healthcare businesses of Aptean, Bain and Vista have created a juggernaut that dominates public sector...
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  • U.S. to narrow opioid bribe case against Insys founder, others

    4 monthes ago - By Reuters

    U.S. prosecutors on Tuesday said they will narrow a case against several former Insys Therapeutics Inc executives accused of bribing doctors to prescribe a potent opioid after a federal judge questioned the scope of the indictment charging them.
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  • Women of color are less likely to get patents for their work

    4 monthes ago - By Fast Company

    Same old, same old.
    In today's installment of unsurprising-yet-still-depressing news: Women of color, particularly black and Hispanic women, are less likely to obtain U.S. patent rights than white women and men.
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  • Almost all shoes sold in the U.S. are imported. Now the industry is terrified of tariffs

    4 monthes ago - By Washington Post

    The footwear industry, which imports heavily from China, already pays tariffs as high as 69%.
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  • Factbox: Strong U.S. dollar hurts U.S. firms across multiple industries

    4 monthes ago - By Reuters

    A rapid rise in the dollar has hurt second-quarter financial results and some U.S. companies are warning that the pressure could persist in future quarters.
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