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Yahoo Finance

07/20/2018 08:45 AM
Trump threatens tariffs on all Chinese imports

Trump threatens tariffs on all Chinese importsYahoo Finance's LIVE market coverage and analysis of what you need to watch in the stock market begins each day at 9:25 a.m. ET.


07/20/2018 08:39 AM
Schlumberger and Baker Hughes Cruise Oil Exploration ‘Upcycle’

Schlumberger and Baker Hughes Cruise Oil Exploration ‘Upcycle’Schlumberger Ltd., the world’s biggest oilfield services company, and No. 3 Baker Hughes have their sights set in different directions as they move into the second-half of 2018. Schlumberger is accelerating sales in North America faster than any other region as it battles fracking king Halliburton Co. for market share. As for Baker Hughes, the words “Permian Basin” -- the premier U.S. oilfield -- never appeared in a Friday announcement that focused on plans to expand abroad.


07/20/2018 06:06 AM
Nearly 1.7 Million Older Americans Will Never Receive a Social Security Benefit -- Here's Why

Nearly 1.7 Million Older Americans Will Never Receive a Social Security Benefit -- Here's WhyThere are four categories of aged Americans who miss out on America's most important social program.


07/20/2018 09:39 AM
Divers hunt for 4 after Missouri duck boat sinks, killing 13

Divers hunt for 4 after Missouri duck boat sinks, killing 13Divers are searching Friday for four people still missing after a duck boat packed with tourists capsized in high winds on a southwest Missouri lake, killing at least 13 people. Missouri State Highway Patrol Sgt. Jason Pace said 14 people survived, including seven who were injured when the Ride the Ducks boat sank on Table Rock Lake in Branson Thursday evening. Stone County Sheriff Doug Rader said late Thursday that stormy weather likely made the boat capsize.


07/19/2018 12:17 PM
People of all ages define the American Dream the same way — but millennials take it one step further

People of all ages define the American Dream the same way — but millennials take it one step furtherMost millennials, Gen Xers, and baby boomers believe the American Dream is still attainable, according to the Bank of the West's 2018 Millennial Study. All three generations define the American Dream the same way: owning a home, being debt-free, and retiring comfortably. Nearly 60% of respondents surveyed in Bank of the West's 2018 Millennial Study believe they have attained the American Dream or believe that it's still attainable today.


07/19/2018 11:42 AM
Apple fans are returning their new MacBook Pros that cost a minimum of $2,800 because they can't reach the advertised speeds (AAPL)

Apple fans are returning their new MacBook Pros that cost a minimum of $2,800 because they can't reach the advertised speeds (AAPL)Apple recently released new MacBook Pro models, which can be configured with Intel's Core i9 processor. You'll have to put the brand-spanking-new 2018 MacBook Pro with Intel's Core i9 processor in a freezer to get the advertised 2.9 GHz speeds. At least, that's what Dave Lee from the Dave2D YouTube channel did to get the most out of his.


07/19/2018 02:33 PM
Boeing wins air show as Airbus gets boost from AirAsia

Boeing wins air show as Airbus gets boost from AirAsiaBoeing (BA.N) claimed victory on Thursday after outselling rival Airbus (AIR.PA) at this week's Farnborough Airshow, where the world's largest planemakers repeated last year's comparable haul of around 900 orders with the help of leasing industry demand. The world's largest planemaker said it had won 528 orders and commitments at the event in southern England, while Airbus reported 431 new deals, or 371 excluding the recently acquired Bombardier CSeries, now rebranded A220. Airbus blamed the incognito wave on trade tensions that had made some firms nervous about appearing to side with the United States or other economic powers amid heated trade rhetoric.


07/19/2018 04:22 PM
Microsoft caps off a fine fiscal year seemingly without any major missteps in its last quarter

Microsoft caps off a fine fiscal year seemingly without any major missteps in its last quarterMicrosoft is capping off a rather impressive year without any major missteps


07/18/2018 10:23 PM
Jeff Bezos' Blue Origin launches spacecraft higher than ever

Jeff Bezos' Blue Origin launches spacecraft higher than everCAPE CANAVERAL, Fla. (AP) — Jeff Bezos' Blue Origin rocket company shot a capsule higher into space Wednesday than it's ever done before.


07/18/2018 09:39 PM
People are really upset over Mark Zuckerberg's refusal to ban Holocaust deniers from Facebook (FB)

People are really upset over Mark Zuckerberg's refusal to ban Holocaust deniers from Facebook (FB)Facebook CEO Mark Zuckerberg took harsh criticism on Wednesday after saying that the social network won't ban Holocaust deniers from Facebook. The Anti-Defamation League tweeted that Facebook has a moral and ethical obligation not to allow Holocaust deniers to spread their ideas on the platform.


07/19/2018 02:05 PM
Putin Tells Diplomats He Made Trump a New Offer on Ukraine at Their Summit

Putin Tells Diplomats He Made Trump a New Offer on Ukraine at Their SummitVladimir Putin told Russian diplomats that he made a proposal to Donald Trump at their summit this week to hold a referendum to help resolve the conflict in eastern Ukraine, but agreed not to disclose the plan publicly so the U.S. president could consider it, according to two people who attended Putin’s closed-door speech on Thursday. Details of what the two leaders discussed in their summit in Helsinki, Finland, remain scarce, with much of the description so far coming from Russia. While Putin portrayed the Ukraine offer as a sign he’s seeking to bring the four-year-old crisis to an end, a referendum is likely to be a hard sell with Ukraine and its backers in Europe, who remain committed to an 2015 European-brokered truce deal for the Donbas region, parts of which are controlled by Russian-backed separatists.


07/19/2018 02:27 PM
Trump’s comments on Federal Reserve a ‘big danger sign’: Ex-Fed governor

Trump’s comments on Federal Reserve a ‘big danger sign’: Ex-Fed governor“This is not a good policy from the administration,” says Frederic Mishkin, former Federal Reserve governor.


07/18/2018 09:10 PM
Why Is Walmart Abandoning the World’s Third Largest Economy?

Why Is Walmart Abandoning the World’s Third Largest Economy?The retailer plans to exit Japan after 16 tough years.


07/19/2018 06:59 AM
Family of KFC’s Colonel Sanders defends him amid Papa John’s racial slur scandal

Family of KFC’s Colonel Sanders defends him amid Papa John’s racial slur scandalThe family of KFC’s Colonel Harland Sanders has come to his defense after Papa John’s founder John Schnatter suggested the colonel had used the N-word but hadn’t faced criticism for doing so.


07/20/2018 06:51 AM
Markets drop after Trump said he's 'ready to go' on tariffs for $500 billion of Chinese goods

Markets drop after Trump said he's 'ready to go' on tariffs for $500 billion of Chinese goodsTrump said he is willing to escalate the current tariffs on China from $34 billion to $500 billion. You can follow global market developments at Markets Insider. LONDON — Global markets are falling late on Friday morning after US President Donald Trump threatened to levy new tariffs on more than $500 billion of goods from China.


07/19/2018 12:30 PM
The Samsung Galaxy S9 Is a Flop

The Samsung Galaxy S9 Is a FlopSamsung's latest flagship smartphone seems to be underwhelming.


07/18/2018 01:45 PM
Kudlow: Tax Cuts 2.0, 3.0 and 4.0 May Be Coming

Kudlow: Tax Cuts 2.0, 3.0 and 4.0 May Be ComingLarry Kudlow, director of President Trump’s National Economic Council, sat down for a wide-ranging interview with CNBC’s Jim Cramer Wednesday morning in New York. Kudlow again downplayed the danger of rising deficits Wednesday, and he also touched on the strength of the economy — there is "no recession in sight right now," he said — and the prospect of additional tax cuts. … When I was a young economist at the Fed and Wall Street, it was usually labeled by economists of all stripes 2 percent growth was a growth recession.


07/18/2018 03:33 PM
Trump is making the Clintons look clean

Trump is making the Clintons look cleanTrump has Clintonized the White House, and gone much further.


07/19/2018 11:55 AM
Can Trump Give Barron the Soccer Ball He Got From Putin? It’s Complicated

Can Trump Give Barron the Soccer Ball He Got From Putin? It’s ComplicatedU.S. President Donald Trump made a snap decision about the Adidas AG soccer ball that Russian President Vladimir Putin gave him in Helsinki this week. “That will go to my son, Barron. Seven years ago, another world leader gave then-President Barack Obama’s children Adidas soccer balls.


07/18/2018 07:48 PM
U.S. agency votes to refer Sinclair Tribune merger to administrative judge

U.S. agency votes to refer Sinclair Tribune merger to administrative judgeThe U.S. Federal Communications Commission said late on Wednesday it had voted unanimously to refer Sinclair Broadcast Group Inc's (SBGI.O) $3.9 billion acquisition of Tribune Media Co (TRCO.N) to an administrative law judge, a blow to the firms' chances of winning approval. The decision came despite the company's announcement it would not divest three television stations currently owned by Tribune in hopes of winning approval after FCC Chairman Ajit Pai raised "serious concerns" on Monday. Two FCC officials who did not wish to be identified said Wednesday they believe the merger will not be able to proceed.


07/18/2018 03:20 PM
$600,000 Knicks Seats Among Perks That Triggered Fine for BGC

$600,000 Knicks Seats Among Perks That Triggered Fine for BGCBGC Partners Inc.’s Richard Anthony is a diehard Knicks fan who has long had courtside seats for a basketball team that’s known for annoying New Yorkers with its struggles. A BGC brokerage unit was fined $1.25 million by the Securities and Exchange Commission Tuesday over allegations that included failing to appropriately report sports tickets and travel expenses as compensation. The perks included one broker receiving $600,000 a year in free athletic tickets and $100,000 for an international birthday celebration, according to the SEC.


07/19/2018 02:43 PM
Internal documents show how Amazon scrambled to fix Prime Day glitches

Internal documents show how Amazon scrambled to fix Prime Day glitchesAmazon failed to secure enough servers to handle the traffic surge on Prime Day, causing it to launch a scaled-down backup website and temporarily kill off all international traffic within 15 minutes of the event, according to internal documents obtained by CNBC.


07/19/2018 04:05 PM
Trump slams EU over $5 billion fine on Google

Trump slams EU over $5 billion fine on GoogleU.S. President Donald Trump on Thursday criticized the European Union over a record $5 billion fine EU antitrust regulators imposed on Google, saying the bloc was taking advantage of the United States. EU officials on Wednesday also ordered Google to stop using its popular Android mobile operating system to block its rivals, adding to trade tensions between Washington and Brussels. Trump took to Twitter over the decision: "I told you so! The European Union just slapped a Five Billion Dollar fine on one of our great companies, Google.


07/18/2018 12:15 PM
How a temporary tariff can turn into a permanent price hike

How a temporary tariff can turn into a permanent price hikeTariffs that affect many consumer goods could make prices stay high even after tariffs are vacated.


07/19/2018 07:43 AM
The EU is already preparing for trade talks with Trump to fail — and is readying a major retaliation

The EU is already preparing for trade talks with Trump to fail — and is readying a major retaliationThe European Union is set for crunch talks with the Trump administration over possible US tariffs on automobiles made in Europe. Officials are preparing for the worst and readying a list of retaliatory tariffs should they fail to reach an agreement with President Donald Trump. "If the US would impose these car tariffs, that would be very unfortunate, but we are preparing together with our member states a list of rebalancing measures as well," the EU's trade chief said on Thursday.


07/19/2018 11:24 AM
McConnell Orders Russia-Meddling Hearings Amid Uproar Over Trump

McConnell Orders Russia-Meddling Hearings Amid Uproar Over TrumpSenate Majority Leader Mitch McConnell ordered committee hearings on legislation to deter Russia from meddling in this year’s election, marking lawmakers’ first concrete response to the uproar over President Donald Trump’s shifting posture on Russia following his summit with President Vladimir Putin. A U.S. intelligence assessment on the 2016 election "makes clear that President Vladimir Putin ordered an influence campaign aimed at undermining public faith in our democratic process," McConnell said in a statement Thursday.


07/19/2018 05:22 PM
Merck lowers prices of some drugs after Trump calls out industry

Merck lowers prices of some drugs after Trump calls out industryMerck & Co on Thursday announced price cuts to some of its medicines, including a 60 percent reduction to a little-used hepatitis C treatment, after U.S. President Donald Trump criticized drugmakers for failing to help reduce healthcare costs for consumers. Amid heightened public and political scrutiny over the high cost of prescription medicines and promises by Trump that drug price reductions were coming, New Jersey-based Merck became the first major drugmaker to announce voluntary price decreases. In addition to slashing the price of Zepatier for hepatitis C, Merck said it would lower the list price of six other older drugs by 10 percent.


07/20/2018 06:22 AM
Trump-Putin II: Planning fall event in aftermath of Helsinki

Trump-Putin II: Planning fall event in aftermath of HelsinkiWASHINGTON (AP) — Unbowed by swirling criticism of his summit encounter with Vladimir Putin, President Donald Trump swiftly invited the Russian leader to the White House this fall for a second get-together. Putin's ambassador to the U.S. said Moscow is open to discussing such a meeting, even as confusion abounds over exactly what they discussed the first time.


07/20/2018 07:32 AM
Putin Hedges Trump Bet by Dumping Treasuries to Safeguard Assets

Putin Hedges Trump Bet by Dumping Treasuries to Safeguard AssetsRussian officials are hoping Vladimir Putin’s rapport with Donald Trump will lead to rapprochement with the U.S. But they’re not taking any chances. A U.S. Treasury report this week appears to show Russia liquidating dollar assets at a record pace, selling four-fifths of its cache of U.S. government debt, $81 billion worth, over a two-month period. It started in April, when the U.S. imposed the most onerous sanctions yet on allies of Putin.


07/18/2018 12:43 PM
A Russian Warship Was Discovered with an Estimated $130 Billion in Gold on Board

A Russian Warship Was Discovered with an Estimated $130 Billion in Gold on BoardHalf the gold will be returned to the Russian government.


07/18/2018 03:17 PM
Once More Unto The Bleach: Goldman Sachs Downgrades Clorox

Once More Unto The Bleach: Goldman Sachs Downgrades CloroxDecreased volume and competitive headwinds are likely to interfere with growth for The Clorox Co.  (NYSE: CLX ), according to Goldman Sachs.  The Analyst Analyst Jason English downgraded  Clorox from Neutral ...


07/18/2018 03:10 PM
Amazon Prime Day: 3 Winners, 1 Loser

Amazon Prime Day: 3 Winners, 1 LoserAmazon’s (NASDAQ:AMZN) annual Prime Day has become an icon in the retail world.


07/18/2018 07:49 PM
Brazil's Petrobras to start up four new platforms in Q4 -director

Brazil's Petrobras to start up four new platforms in Q4 -directorBrazil's state-controlled oil company Petrobras will start pumping pre-salt oil from four new platforms between October and December, the company's director for production and technology development Hugo Repsold said on Wednesday. Speaking to reporters at an oil industry event, he said Petrobras could study building its own platforms after 2022 and predicted the company would head towards sustainable growth of oil production in the next few years. Repsold said Petrobras was well on the road to recovery and was starting up platforms that had been delayed in recent years and which will now ensure continued growth in output.


07/19/2018 07:59 AM
EU regulators charge Qualcomm with additional violation in pricing case

EU regulators charge Qualcomm with additional violation in pricing caseEU antitrust regulators on Thursday charged Qualcomm (QCOM.O) with a new violation in a case where the U.S. chipmaker has been accused of selling chipsets below cost to drive out Nvidia Corp (NVDA.O) unit and British phone software maker Icera. "The supplementary statement of objections sent today focuses on certain elements of the "price-cost" test applied by the Commission to assess the extent to which UMTS baseband chipsets were sold by Qualcomm at prices below cost," the European Commission said. The EU enforcer had in 2015 accused the world's No. 1 chipmaker of abusing its market power to thwart Icera between 2009 and 2011, following a complaint from Icera.


07/19/2018 01:11 PM
Comcast concedes to Disney in bidding war for Fox assets

Comcast concedes to Disney in bidding war for Fox assetsComcast's withdrawal is a concession to Walt Disney Co (DIS.N), which last month sweetened its offer for the Fox assets to $71.3 billion, in a bid to unite two storied Hollywood studios and several television networks under one corporate umbrella. Comcast's move de-escalates one of the media industry's most high-profile confrontations, which pitted Comcast Chief Executive Brian Roberts against Fox Executive Chairman Rupert Murdoch and Disney CEO Bob Iger.


07/20/2018 06:18 AM
Trump threatens tariffs on all $505 billion of Chinese goods coming to America

Trump threatens tariffs on all $505 billion of Chinese goods coming to AmericaPresident Donald Trump has threatened tariffs on all Chinese goods imported by the US. "I'm ready to go to 500," Trump said in an interview with CNBC's Joe Kernen that aired Friday morning. The US imported $505 billion worth of goods from China in 2017, according to Census Bureau data.


07/19/2018 02:27 PM
The Brady Bunch House Is for Sale. See What It Really Looks Like Inside

The Brady Bunch House Is for Sale. See What It Really Looks Like InsideThe asking price is $1.9 million


07/19/2018 11:54 PM
Dollar, Stocks Fall after Trump Says He’s Not Thrilled with Fed Rate Hikes

Dollar, Stocks Fall after Trump Says He’s Not Thrilled with Fed Rate HikesTrump’s comments are facing criticism. However, the criticism doesn’t seem to be centered on what he said, but rather on the fact that he called out the Fed.


07/19/2018 11:52 AM
These MLPs Are on Fire Today

These MLPs Are on Fire TodayIn March, regulators reversed a key tax rule that had made gas pipeline MLPs viable. The final policy announced Wednesday gives those businesses a way to adapt.


07/20/2018 08:53 AM
Baker Hughes reports slight profit miss, delivers upbeat outlook

Baker Hughes reports slight profit miss, delivers upbeat outlookGeneral Electric Co's oilfield services arm Baker Hughes on Friday reported a slight profit miss on weaker sales in its oilfield equipment and turbomachinery businesses, sending the company's shares down ...


07/19/2018 04:10 PM
U.S. trade tariffs set to leave Mnuchin in cold at G20 meeting

U.S. trade tariffs set to leave Mnuchin in cold at G20 meetingWASHINGTON/BUENOS AIRES (Reuters) - The financial leaders of the world's 20 biggest economies meet in Buenos Aires this weekend for the first time since long-simmering trade tensions burst into the open when China and the United States put tariffs on $34 billion of each other's goods. The United States will seek to convince Japan and the European Union to join it in a more aggressive stance against Chinese trade practices at the G20 meeting of finance ministers and central bank presidents, according to a senior U.S. Treasury Department official, who spoke on condition on anonymity.


07/19/2018 08:29 PM
Amazon Isn't Coming After Cisco, After All

Amazon Isn't Coming After Cisco, After All"Phew." -- Cisco, probably


07/18/2018 08:04 PM
3 Growth Stocks That Could Put Shopify's Returns to Shame

3 Growth Stocks That Could Put Shopify's Returns to ShameBeating Shopify's returns since its IPO will be challenging, but we think Baozun, Weibo, and SolarEdge Technologies have a shot.


07/19/2018 04:10 PM
Instagram adds a status indicator dot so people know when you're ignoring them

Instagram adds a status indicator dot so people know when you're ignoring themIn a blog post today, Instagram announced a new feature: a green status dot


07/19/2018 08:00 AM
Almost 70% of millennials regret buying their homes. Here's why.

Almost 70% of millennials regret buying their homes. Here's why.About four in 10 millennials are homeowners, but they're not necessarily happy about it.


07/19/2018 01:15 PM
Trump Blasts Powell’s Rate Hikes, Trespassing on Fed’s Independence

Trump Blasts Powell’s Rate Hikes, Trespassing on Fed’s IndependencePresident Donald Trump criticized the Federal Reserve’s interest-rate increases, breaking with more than two decades of White House tradition of avoiding comments on monetary policy out of respect for the independence of the U.S. central bank. “I’m not thrilled” the Fed is raising borrowing costs and potentially slowing the economy, he said in an interview with CNBC broadcast Thursday. The Fed has raised interest rates five times since Trump took office in January 2017, with two of those coming this year under Chairman Jerome Powell, the president’s pick to replace Janet Yellen.


07/18/2018 03:30 PM
Apple's Preparing a Flurry of New Products for 2018

Apple's Preparing a Flurry of New Products for 2018Apple's cooking up a lot of good stuff for this fall, according to one respected analyst.


07/19/2018 09:44 PM
Microsoft detected Russian phishing attacks on three 2018 campaigns

Microsoft detected Russian phishing attacks on three 2018 campaignsRussia is still launching cyberattacks against the US, a Microsoft exec has


07/18/2018 11:57 AM
Factbox: Airbus and Boeing aircraft deals at Farnborough Airshow

Factbox: Airbus and Boeing aircraft deals at Farnborough AirshowFollowing is a summary of commercial aircraft deals announced by Airbus and Boeing at the Farnborough Airshow in southern England. The two companies have so far signed deals worth more than $100 billion ...


07/18/2018 11:19 AM
Kudlow: I'm not a fan of tariffs, but Trump is right because trade is broken

Kudlow: I'm not a fan of tariffs, but Trump is right because trade is broken'This should have been done years ago.'


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