U.S. stocks were higher Wednesday morning, despite a deadly terror attack in New York City, as investors focused on the continued stream of strong earnings and the upcoming tax reform legislation. Continue Reading Below Tuesday afternoon, Sayfullo Saipov’s , a 29 year old Uzbek immigrant allegedly drove a rental truck […]
FOX News
Bank of England: 10,000 financial job losses on Brexit Day 1
LONDON – Britain’s finance industry could lose 10,000 jobs on the first day after the country leaves the European Union, the Bank of England warned Wednesday, as it urged the government to swiftly reach a transitional deal to smooth out the process. Continue Reading Below Sam Woods, the central bank’s […]
Molson Coors meets 3Q profit forecasts
DENVER – Molson Coors Brewing Co. (TAP) on Wednesday reported third-quarter earnings of $280 million. Continue Reading Below On a per-share basis, the Denver-based company said it had net income of $1.29. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were $1.34 per share. More on this… […]
Allergan reports 3Q loss
DUBLIN – Allergan PLC (AGN) on Wednesday reported a third-quarter loss of $4.03 billion, after reporting a profit in the same period a year earlier. Continue Reading Below On a per-share basis, the Dublin-based company said it had a loss of $12.07. Earnings, adjusted for one-time gains and costs, came […]
Obamacare Open Enrollment Starts Today: Here’s Your Guide to Shopping for a Policy
Individual insurers sell Obamacare-compliant policies as well, but you cannot obtain subsidies unless you buy on the exchanges. If you’re not eligible for subsidies, you can sign up directly with an insurer to get covered, and the policy still must provide 10 essential benefits Obamacare requires. If you live in one […]
Springer Nature blocks access to articles in China
BEIJING – Academic publisher Springer Nature said Wednesday it has blocked access to articles within China to comply with demands from the Chinese government, amid a push by Beijing to tighten controls on information from outside the country. Continue Reading Below The company said in a statement that less than […]
Netflix’s ‘House of Cards’ halt a ‘non-event for subscriber growth,’ analyst says
Netflix’s (NFLX) ability to attract new subscribers through its original content should remain strong despite the looming cancellation of its flagship series “House of Cards” amid a sexual assault allegation against star Kevin Spacey, a Wall Street analyst told FOX Business. Continue Reading Below Once the centerpiece of Netflix’s original […]
Starbucks releases a color-it-in-yourself holiday cup
NEW YORK – It’ll be a (mostly) white Christmas cup for Starbucks this year. The coffee chain’s latest holiday design lets customers color it in themselves. Continue Reading Below The company says the cups — which are typically red-themed — will be in stores Wednesday. A cup sleeve to go […]
Postal Service eyes next-day Sunday delivery for holidays
WASHINGTON – As consumers demand ever-quicker and convenient package delivery, the U.S. Postal Service wants to boost its business this holiday season by offering what few e-commerce retailers can provide: cheap next-day service with packages delivered Sundays to your home. Continue Reading Below Retail giant Walmart says it is considering […]
Russia probe snags GOP, Democratic interests
WASHINGTON – The indictment that alleges covert foreign lobbying by two former Trump campaign officials is casting shadows on three powerful Washington lobbying and legal firms, with Democratic as well as Republican ties, broadening the stakes of the Russia investigation and drawing in the brother of Hillary Clinton’s campaign chairman. […]