Adobe Systems Inc (ADBE) warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. Continue Reading Below The warning came after cyber security firm Kaspersky Lab Inc said a […]
Reuters Top Video News
Wall St. inches up with financials; earnings in focus
All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week’s losses. Continue Reading Below JPMorgan Chase <JPM.N> and […]
Nordstrom family suspends attempt to take retailer private
Oct 16 (Reuters) – Nordstrom Inc. (JWN) said on Monday its founding family had suspended attempts to take the upscale retailer private for the rest of the year due to difficulties in arranging funds for the deal ahead of the holiday season. Continue Reading Below The company’s shares dropped about 6 […]
Wall St inches higher as bank stocks bounce back
U.S. stocks crept up in late morning trading on Monday as surging Treasury yields led to a rebound in bank stocks after three straight days of losses. Continue Reading Below The benchmark 10-year Treasury yields jumped after Federal Reserve Chair Janet Yellen reaffirmed the central bank’s view on gradual interest […]
Wall St higher as bank stocks rebound, Apple gains
A recovery for U.S. banking stocks allied to a 1.5 percent gain for Apple prodded Wall Street’s main indexes higher in early afternoon trading on Monday. Continue Reading Below JPMorgan and Bank of America shares led the advancers on the S&P financial, both rising 1.5 percent as they tracked a […]
US stock futures inch up as earnings head for higher gear
Oct 16 (Reuters) – U.S. stock index futures pointed to a slightly positive start for Wall Street on Monday as investors pondered a solid initial round of third quarter company earnings and awaited a further flood of results this week. Continue Reading Below * Netflix shares were up more than 1 percent ahead of earnings due after the market closes, having […]
Trump Obamacare move seen harming Americans, bipartisan prospects
U.S. President Donald Trump will hurt low-income Americans by doing away with Obamacare subsidies and make it harder for him to engage in bipartisan talks with Democrats as Congress edges toward a possible government shutdown, lawmakers said on Sunday. Continue Reading Below The White House has announced that the Republican […]
Turner’s walk-off blast lifts Dodgers
The Los Angeles Dodgers are heading to Chicago with a two-games-to-none lead over the defending World Series champs in the National League Championship Series. Continue Reading Below Justin Turner capped his four-RBI day by slamming a three-run homer off John Lackey in the bottom of the ninth to give […]
Fed’s Rosengren sees three to four rate hikes next year
The Federal Reserve will probably need to raise interest rates in December and then three of four times “over the course of next year,” assuming the U.S. unemployment rate continues to fall and inflation rises, Boston Fed President Eric Rosengren said. Continue Reading Below If inflation reaches the Fed’s goal […]
Oil rises as fighting escalates in Iraq’s oil-rich Kirkuk
Oil markets jumped on Monday as Iraqi forced entered the oil city of Kirkuk, taking territory from Kurdish fighters and raising concerns over exports from OPEC’s second-largest producer. Continue Reading Below Iraq launched the operation in the multi-ethnic region on Sunday as the crisis between Baghdad and the Kurdish Regional […]