China could reportedly use its 'unwritten' tech rules as an 'invisible tool' against US firms
CNBC, 15 August at 03:43
With Sino-American trade tensions escalating, China's cybersecurity standards could be used as an "invisible tool" of retaliation against Washington's tariffs, according to one expert. Those so-called standards are government-issued guidelines about
Stock market recovers most of Monday-Tuesday losses
The Boston Globe, 15 August at 02:06
Stocks rallied Tuesday as banks, retailers, and smaller companies jumped. That helped the market recover most of its losses from the previous two days. The Turkish lira steadied as US and Turkish officials said the countries are in talks to ease
How to Solve a Problem Like Elon?
Wall Street Journal, 15 August at 02:05
So, like the nuns of Nonnberg Abbey, if you're the Securities and Exchange Commission, what are you going to do? Elon Musk is extraordinarily popular with the public, with shareholders, with politicians. His company is worth $60 billion in the marketplace.
Cramer Remix: Why this stock could be red hot
CNBC, 15 August at 02:01
While the failed merger between Walgreens and Rite Aid has led to the pharmacy chains struggling to find their footing, their rival CVS has had the chance to shine, CNBC's Jim Cramer said. "When the FTC blocked the Walgreens-Rite Aid merger, they ...
US Dollar Declines as Emerging Markets Revive
Wall Street Journal, 15 August at 01:49
The U.S. dollar fell modestly Tuesday as emerging-markets currencies stabilized, taking a pause from the persistent anxieties about Turkey which have spread into other nations' currencies. The WSJ Dollar Index, which tracks the U.S. currency against a ...
Cramer's charts suggest it's still worth investing in bonds
CNBC, 15 August at 01:46
U.S. Treasury bond yields have been on a tear this year, and with the Federal Reserve on track to continue raising short-term interest rates, it looks like the trend will continue. But when bond yields rise, prices fall, which has investors worried.
Sears CEO Eddie Lampert offers 'critical' deal to buy Kenmore brand for $400 million
USA TODAY, 15 August at 01:43
The CEO, chairman and largest shareholder of Sears Holdings on Tuesday offered to buy one of the financially strapped department chain's last remaining valuable product brands, describing a speedy deal as "critical." Through his hedge fund ESL ...
Turks Scramble as Lira Falls and Prices Soar
New York Times, 15 August at 01:30
ISTANBUL — Prices have soared on imported goods, scaring buyers and sellers. Sales are off as Turks delay purchases or cut back. Everyone is quoting the exchange rate, feverishly calculating what to do with their savings, large and small, and watching
Sears CEO's fund submits proposal to buy Kenmore, home improvement division
Chicago Tribune, 15 August at 01:25
The hedge fund run by Sears CEO Edward Lampert has sent the ailing retailer a proposal to buy its popular Kenmore appliance brand and a piece of its home services division. Hoffman Estates-based Sears Holdings Corp. began formally exploring the sale ...
Verizon offers free Apple TVs and YouTube subscriptions to new 5G customers in four cities
CNBC, 15 August at 01:23
Verizon will offer customers who sign up for its new 5G internet service a free Apple TV box and a subscription to Google's YouTube streaming television service, the company announced Tuesday. Apple's TV device sells for $179 while YouTube's TV service ...
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