09/19/2018 03:57 PM
Amazon considering opening up to 3,000 cashierless stores by 2021: Bbg

Shares of U.S. supermarket chains Kroger Co (KR.N) and Target Corp (TGT.N) fell between 1 and 2 percent following the news. Amazon shares were down about 1 percent. The company currently has three Amazon Go stores in Seattle, and plans to expand in Chicago, San Francisco and New York.

09/19/2018 03:24 PM
Steel workers gear up for strike, potentially derailing Trump's steel resurgence

It would follows another strike by 16,000 U.S. Steel workers that was approved earlier this month, and together, they could hinder what President Trump calls a "thriving" industry in the U.S.

09/19/2018 09:26 AM
A notorious short seller says huge gains in Canadian cannabis producer Tilray are 'beyond comprehension' (TLRY)

The Canadian cannabis producer Tilray has surged more than 800% since its initial public offering in July. Just this week, Coca-Cola was reportedly in talks with rival Aurora Cannabis to develop beverages infused with the nonpsychoactive compound CBD.

09/18/2018 03:06 PM
Liberty Braves: Looking Even Better Thanks to a Strong 2018 Campaign

The Atlanta Braves look to be playoff-bound in 2018, while demand for space in The Battery Atlanta has been strong. Both factors should unlock more upside for Liberty Braves stock.

09/18/2018 12:18 PM
Social Security checks could rise by most since 2012

Benefits may finally get a long overdue boost.

09/18/2018 12:19 PM
Senate Democrats Call Kavanaugh Hearing Plan Unacceptable

Top Senate Democrats criticized as unacceptable Republicans’ plan to hold a public hearing in which only Supreme Court nominee Brett Kavanaugh and the woman who accuses him of sexual assault will be called as witnesses. "Compare that to the 22 witnesses at the 1991 Anita Hill hearing and it’s impossible to take this process seriously," top Judiciary Committee Democrat Dianne Feinstein said in a statement Tuesday. Senate Judiciary Chairman Chuck Grassley scheduled the hearing for Sept. 24 to hear California college professor Christine Blasey Ford’s accusation that Kavanaugh assaulted her at a party 36 years ago.

09/18/2018 03:10 PM
Polish president: No one questions that Trump knows how t...

In a joint press conference at the White House, President Donald Trump and Poland President Andrzej Duda answer questions about U.S.-EU relations.

09/18/2018 11:50 AM
A former Googler and Facebook exec shares the best way to show your boss you deserve a promotion

Libby Leffler, a former Facebook executive and Google employee, is now the vice president of membership at SoFi. Recently, a woman came to Libby Leffler asking for career advice. Leffler told Business Insider that, once you've begun tackling the responsibilities you'd earn if you were promoted, you can come to your manager and say, "Here are all the things that I've taken on additionally in the last [however many] days, and the ways I've been contributing to the team.

09/18/2018 12:00 PM
SpaceX’s First Tourists Will Fly Around the Moon for Free Thanks to Japanese Billionaire

See who's the first space tourist to ride SpaceX's BFR.

09/18/2018 07:38 PM
Brazil diesel subsidy program threatens Petrobras, market -FCStone

Brazil could face a diesel shortage at the end of 2018 as a result of the government's mispriced subsidy program which has discouraged suppliers, and the state-controlled oil company Petroleo Brasileiro SA may be forced to sell diesel at a loss, broker INTL FCStone said on Tuesday. Brazil's oil industry regulator ANP said it approved the payment of 871.5 million reais to Petrobras on Tuesday to compensate for the diesel subsidy.

09/18/2018 12:48 PM
After 12,000 test runs, United takes on gate overcrowding with new boarding process

United Airlines launches new boarding process with two lanes instead of five

09/18/2018 03:57 AM
Nokia cuts hundreds of jobs in the U.S. - report

Telecom network equipment maker Nokia (NOKIA.HE) has cut 250 jobs at its site in Naperville, United States, and expects to lose a further 250 positions, a report by Crain's Chicago Business said late on Monday. A Nokia spokesman confirmed that jobs had been cut as part of the Finnish company's global cost-savings plan, but declined to disclose numbers. Nokia is looking to save 1.2 billion euros (£1.06 billion) annually by the end of this year following the 2016 acquisition of its former Franco-American rival Alcatel-Lucent.

09/19/2018 02:31 PM
Alibaba is reportedly setting up its own company to make a customized artificial-intelligence chip (BABA)

Alibaba is setting up its own company to make a customized artificial intelligence chip, Reuters reported. The chip, which is expected to be launched in the second half of 2019, could help Alibaba's fast-growing cloud and Internet of Things (IoT) businesses. Alibaba's Tmall Genie, an AI-powered voice assistant, has been integrated with the company's interactive local services, such as Hema supermarket.

09/19/2018 09:16 AM
Morgan Stanley: DEA Likely To Reclassify GW Pharma's Cannabinoid Therapy For US Launch

Morgan Stanley expects the DEA to drop Epidiolex from Schedule I — the same level as cocaine, heroin and other illegal substances — to Schedule IV, where Xanax, Ambien and Tramadol rank. At worst, it would fall to Schedule III alongside moderately to lowly addictive drugs like codeine and anabolic steroids, Lebowitz said.

09/18/2018 06:40 PM
Nike’s Stock Surges Along With Support for Kaepernick Ad

The youth is standing behind Nike and its decision to place Colin Kaepernick as the face of their "Just Do It" campaign. And that support is translating to dollars. Not only has the company's sales increased, but also, its stock has closed at an all-time high.

09/18/2018 02:44 AM
China's Grip on Rare Earths May Have Proven Too Strong for Trump

The U.S. appears to have shelved its plan to levy tariffs on a critical collection of minerals used in everything from hybrid vehicles to electronic gadgets and military hardware. Rare earths including scandium and yttrium are absent from the latest list of about $200 billion of Chinese goods on which the Trump administration plans to impost duties from next week. China produced more than 80 percent of the world’s rare-earth metals and compounds in 2017, according to the U.S. Geological Survey.

09/19/2018 01:43 PM
Apple is officially wading into 'phablet' territory with the iPhone XS Max — here it is compared to an iPad Mini (AAPL)

Apple unveiled three new iPhones this month, including its largest iPhone yet, the iPhone XS Max. With its 6.5-inch OLED display, the iPhone XS Max is officially wading into "phablet" territory. Back in 2012, the largest iPhone you could get — the iPhone 5 — had a screen that measured just four inches diagonally.

09/19/2018 08:38 AM
Parts Supplier to Challenge VW, Ford With $14 Billion Push Into Self-Driving Cars

Volkswagen AG and Ford Motor Co. are set for more competition in the race to role out self-driving vehicles as parts supplier ZF Friedrichshafen AG develops its own offering in the latest sign of how technology shifts are upending traditional roles in the auto industry. ZF plans to invest 12 billion euros ($14 billion) over the next five years on electric and autonomous vehicle technology. The spending of about 2.4 billion euros annually outpaces the 2.2 billion euros ZF spent in overall research and development last year.

09/18/2018 04:00 AM
Qualcomm’s Mollenkopf Sees Chance of Apple Settlement This Year

Qualcomm Inc. Chief Executive Officer Steve Mollenkopf said a bitter standoff between the chip maker and Apple Inc. is entering a period when both sides have an increasing incentive to settle. In coming months, the companies will be forced to make their case in front of jurors and judges in the U.S., China, Germany and other jurisdictions. “The environment is such that a deal could get done,” said Mollenkopf in an interview on Bloomberg TV’s “Studio 1.0,” which airs Sept. 26.

09/19/2018 01:43 PM
2 Women Drown While Chained in Flooded Police Van During Hurricane Florence

2 Women Drown While Chained in Flooded Police Van During Hurricane Florence

09/19/2018 02:55 PM
‘Avengers: Infinity War’ Surpasses ‘Titanic’ on List of Highest-Grossing US Films Ever

"Avengers: Infinity War" has dethroned "Titanic" as the fourth-highest grossing movie in U.S. box office history. But despite the film's massive performance, "Titanic" still ranks as the No. 2 top-grossing movie of all time in the worldwide box office.

09/19/2018 12:52 PM
The Pot Rally Just Minted Three New Billionaires

The first private equity firm focused exclusively on the cannabis industry has spawned three billionaires.

09/18/2018 09:00 AM
2 Marijuana Stocks to Buy and Hold Forever

MariMed and OrganiGram are two under-the-radar cannabis plays that could be worth owning for the long haul.

09/18/2018 10:42 AM
Eldorado Gold seeks $877 million compensation from Greece for permit delays

The differences between Eldorado and the government over the miner's plans to produce gold and other metals in the northern Greek region of Halkidiki have dragged on for years, mainly over environmental regulations. "We hope that this matter can be resolved in an amicable manner without needing to go down the route of arbitration," said Chief Executive George Burns in a statement. Eldorado has blamed Greece for long delays in issuing necessary permits, while Athens says the company has submitted a deficient plan to build a metallurgical plant that will process ores mined in Skouries and Olympias.

09/19/2018 01:56 PM
VSMPO-Avisma and Boeing launch new titanium JV in Russia

Russia's VSMPO-Avisma , the world's largest titanium producer, and U.S. planemaker Boeing have launched a new manufacturing unit in Russia's Urals region of Sverdlovsk, a local governor said on social ...

09/18/2018 06:29 AM
PRESS DIGEST- Canada-Sept 18

The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL ** Bombardier Inc has escaped late-delivery ...

09/18/2018 06:18 PM
The Air Force Wants More Planes – and a Lot More Money

The Air Force is 71 years old today, and its birthday wish list is a doozy. Saying that growing threats from China and Russia call for a substantial increase in U.S. air power, Air Force Secretary Heather Wilson said Monday that she would like to see 74 more squadrons deployed by 2030. The current force structure of 312 squadrons is too small to meet even the current mission focused on counterterrorism in the Middle East, Wilson said at the Air Force Association’s Air, Space, Cyber Conference outside Washington.

09/18/2018 01:42 PM
New ‘Call of Duty’ Release Energizes Activision Shares

Activision Blizzard Inc.’s recent stock gains may be a sign that the company’s new Call of Duty: Black Ops 4 is ready to take on Fortnite in the fight for "battle royale" gamers. Blackout, the newest style of play in the billion-dollar Call of Duty franchise, has impressed analysts in beta testing, and the YouTube trailer has more than 4 million views ahead of the game’s Oct. 12 release. The new mode “should be highly engaging and could later be monetized,” according to Goldman Sachs analyst Christopher Merwin.

09/19/2018 03:50 PM
Could Sector Rotation Be The Reason For AMD's Recent Weakness?

Some of the most popular tech stocks in the market have performed relatively poorly so far this week. Without major news driving the tech sector lower, some of the stocks may simply be the victim of sector ...

09/18/2018 04:03 PM
Poll Shows Cruz Ahead After Weeks of Beto Worry

Republican Senator Ted Cruz got some good news today after a week of headlines showcasing his unexpectedly stiff competition in the Texas Senate race. If that wasn’t good enough for Cruz, 93 percent of likely Texas voters say they’ve already made up their mind on who to support. O’Rourke garnered increased attention after some earlier polls in the heavily Republican state showed him narrowing Cruz’s lead to just a few points, spurring Republicans to warn against complacency and President Donald Trump to plan what he promised would be a massive campaign rally in the state in October.

09/19/2018 01:51 PM
Microsoft Increases Its Dividend -- What You Need to Know

Microsoft's latest dividend increase marks an acceleration in the payout's annual growth rate.

09/18/2018 08:31 AM
Startup headed by Intel's ex-president releases first chips

Ampere said the new chips, which cost $550 to $850, have been selected by Lenovo Group Ltd and several other companies that make servers, which power Internet-based services. The server chip market is dominated by Intel, which controls more than 90 percent of the market.

09/18/2018 11:48 AM
Tesla reportedly faces criminal probe over Elon Musk's st...

CNBC's Dominic Chu reports shares of Tesla falling on a Bloomberg story about the automaker potentially facing a criminal probe into CEO Elon Musk's "take private" tweets in August.

09/19/2018 01:55 PM
Neil deGrasse Tyson: Elon Musk is the 'best thing we've had since Thomas Edison'

The astrophysicist tells the Tesla and SpaceX CEO's critics to "leave him alone."

09/18/2018 05:06 AM
Warren Buffett Proves ‘Bad News Is an Investor’s Best Friend’

Buffett’s 2008 financial crisis investing strategy has paid off.

09/18/2018 09:18 AM
China hits back at Trump with tariffs on $60 billion of US goods

China on Tuesday hit back at the US by announcing tariffs on $60 billion worth of US goods. China's Ministry of Commerce said earlier Tuesday that it had "no choice" but to retaliate. On Monday evening, the US announced new tariffs on $200 billion worth of Chinese goods.

09/19/2018 04:35 PM
3 "Internet of Things" Stocks to Buy Right Now

Semiconductor stocks have been struggling to generate positive momentum recently, but niche chipmakers focused on the Internet of Things still have growth potential. With that said, we've found three stocks which have been flagged by the Zacks Rank that could be poised for further IoT growth soon!

09/19/2018 01:52 AM
Former GM exec Bob Lutz predicts conspiracy theorists will soon be asking 'Who killed Tesla?' (TSLA)

Bob Lutz, the former vice chairman of General Motors and prominent Tesla critic, would like you to know that he still believes Tesla's days are numbered. The remarks come at another challenging time for Tesla and its CEO, Elon Musk, as US authorities investigate his claim that he had "funding secured" to take his company private. Tesla is also working overtime to crank out as many of its mass-market Model 3 sedans as it can.

09/19/2018 04:16 AM
The $100,000 stocks that Kanye West bought Kim Kardashian for Christmas are up by 40% (DE000A1EWW, US02313510)

Kim Kardashian West might have a future on Wall Street. The reality TV star was gifted shares in five major companies for Christmas last year by her husband Kanye West. The stocks have since soared 40% on average, according to data from Markets Insider.

09/18/2018 12:27 PM
Why Cronos Group Inc. Soared Today

Good news for its rivals appears to be lifting this Canadian marijuana stock.

09/18/2018 12:23 PM
Red Hat Shares Have Even Upside-Downside Profile, JPMorgan Says In Downgrade

Dual headwinds — namely middleware deceleration and a softer renewal pattern that impacted Red Hat's first-quarter results — are likely to linger for a few quarters, Murphy said in the downgrade note. The deduction is based on the findings of JP Morgan's Q2 Red Hat partner survey, which painted a mixed picture, with a couple of metrics improving and others deteriorating. If the decelerating trend results in a CY19 EV/FCF range of 20-30 times for Red Hat, the analyst expects the shares to trade in the $120-$180 range for now, equating to an even upside/downside profile.

09/19/2018 10:54 AM
Trump: As long as Manafort tells the truth, it's 100 perc...

President Trump speaks on Brett Kavanaugh's confirmation hearing, Attorney General Jeff Sessions, North and South Korea's amends ahead of his departure to North Carolina to see the damage from Hurricane Florence.

09/18/2018 07:05 AM
Elon Musk’s brother says the Tesla CEO is doing a 'great job'

Kimbal Musk said in an interview with CNBC that his brother Elon is doing a "great job" as CEO of Tesla. Elon Musk's brother Kimbal told interviewers on CNBC's "Closing Bell" that his brother is doing a "great job" at Tesla, despite a recent spate of bad press.

09/19/2018 04:24 PM
Why Warren Buffett Keeps Buying Apple and Bank Stocks

The legendary investor has continued to be a net buyer of stocks and has made a point to add to some of his favorite positions lately.

09/19/2018 09:44 AM
Morgan Stanley Says Intel 'Oversold' Its Technology, Raises AMD Price Target 150%

Morgan Stanley's Joseph Moore maintained an Underweight rating on AMD with a price target lifted from $11 to $28. Intel argued over the past few years that its process leadership would translate into a sustainable performance advantage across multiple markets, Moore said in a Tuesday note. Intel's ongoing delays in its 10 nm processors are now looking more disruptive for the company than previously assumed, as it is impacting existing roadmaps, Moore said.

09/19/2018 03:43 PM
Surface Oncology Offers 'Robust Pipeline,' Baird Says In Bullish Initiation

In the next few years, Ulz said he anticipates "meaningful upside" stemming from early clinical data on antibodies that inhibit CD47, such as SRF231. The drug has broad utility and a differentiated safety profile, Ulz said. A Novartis AG (NYSE: NVS) partnership should target the adenosine pathway, leading to immunosuppression, Ulz said.

09/18/2018 12:29 PM
Apple's new iOS 12 software fixes the most annoying part of the iPhone X (AAPL)

Apple's new iOS 12 software fixes the most annoying thing about the iPhone X — the fact that its design encourages you to take random screenshots of the lock screen. If the phone is locked and the screen is off, the iPhone X will no longer take a screenshot. Generally speaking, I like — not love — my iPhone X.

09/18/2018 09:25 AM
Trump vows 'great and fast' economic retaliation on China if it goes after American farmers

President Donald Trump said China is "actively" trying to change the U.S. election by attacking American farmers, ranchers and industrial workers "because of their loyalty to me."

09/19/2018 12:34 PM
JPMorgan (JPM) Cheers Shareholders With 43% Dividend Hike

JPMorgan (JPM) hikes quarterly dividend by nearly 43% as part of its 2018 capital plan.

09/18/2018 03:26 PM
Apple's Tim Cook Explains How The iPhone Escaped The Trade War So Far

Apple Inc. (NASDAQ: AAPL) CEO Tim Cook appeared on Good Morning America on Tuesday, days after announcing the latest iPhone releases. Cook discussed how the iPhone was able to skirt the trade war, and said Apple products were not included in the new U.S. tariffs on $200 billion in Chinese goods. “The iPhone is assembled in China, but the parts come from everywhere, including the United States.