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10 things you need to know before the opening bell
Here is what you need to know.Japan's exports crashed. The strong Japanese yen caused exports to crash 14% year-over-year in July, their sharpest drop since 2009. At the same time, Japan's trade...
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Amazon steps up British investment with Tilbury distribution center
LONDON (Reuters) - Online retailer Amazon said it would create 1,500 new jobs in 2017 when it opens a new distribution center in Tilbury, south east England, maintaining its surge of investment in...
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BIOMETRICS IN THE PAYMENTS INDUSTRY: Why biologically based authentication is...
Passwords and PINs are being rendered irrelevant thanks to rising digital fraud, growing concern about data privacy, and difficulty remembering an endless stream of letters and numbers. That’s been...
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Walmart beats on earnings, raises guidance (WMT)
Walmart on Thursday reported second-quarter results that topped expectations, and the company raised its full-year earnings outlook.The world's largest retailer earned $1.07 in adjusted earnings per...
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Wal-Mart's comparable sales beat estimates
(Reuters) - Wal-Mart Stores Inc reported higher-than-expected quarterly comparable sales on Thursday, helped by a rise in online sales and a higher average ticket at Walmart and Sam's Club stores.Net...
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Bitcoin users have been warned about a potential attack by government hackers
Another day, another crazy bitcoin story.This time: Users are being warned that an upcoming release of digital currency could be targeted by "state-sponsored hackers."Popular bitcoin information site...
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Futures flat as minutes show Fed divided over rate
By Yashaswini Swamynathan(Reuters) - U.S. stock index futures were little changed on Thursday, a day after the minutes of the Federal Reserve's July meeting showed policymakers were divided over...
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Lloyd Blankfein has one piece of advice for young people, but it's something...
Goldman Sachs CEO Lloyd Blankfein's best piece of career advice is a bit of a puzzle."I'll give you advice that's impossible to follow," Blankfein told a roomful of Goldman Sachs interns last...
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Say hello to Uber's self-driving car
Say hello to Uber's self-driving car.The transportation startup and Volvo have agreed a $300 million alliance to develop autonomous vehicles — and they will be hitting the streets of Pittsburgh,...
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The Aussie dollar is climbing
The Australian dollar is surging.The currency is up by 0.5% at .7696 per dollar as of 7:24 a.m. ET.Earlier, Australia's latest jobs report showed that the economy added 26,000 jobs in July, above the...
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VW to cut hours at three more plants amid supplier row: source
HAMBURG (Reuters) - Volkswagen will cut working hours in some parts of production at its core factory in Wolfsburg and two other German plants as it grapples with a supplies shortage caused by a parts...
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So you want to be a Wall Street banker? Here's how much you will get paid
If you've ever thought about a career in finance, you may want to know what you could earn down the road.To answer your questions, we reached out to Emolument, a salary benchmarking website.They...
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3 reasons Delta is taking its business to a whole new level (DAL)
Delta Air Lines announced on Tuesday that will launch brand new all-suite business class cabin in 2017. The new private business-class suite will be part of the airline's Delta One premium cabin.It's...
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Sir Philip Green lashes out at Sky News over BHS collapse questions
Billionaire retail tycoon Sir Philip Green clashed with a Sky News crew in Greece when it tried to question him about the demise of BHS and its estimated £275 million ($359 million) pension...
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Philly Fed manufacturing rebounds in August
Manufacturing activity in and near Philadelphia rebounded a bit in August, according to a survey conducted by the regional Federal Reserve.Its monthly index of current activity rose to 2 from -2.9 in...
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The job market just did something it hasn't done in 46 years
Initial jobless claims fell more than expected.Claims came in at 262,000, below economists' expectations of a slight dip to 265,000.Claims have now been below 300,000 for 76 straight weeks — the...
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Jobless claims fall more than expected as labor market firms
WASHINGTON (Reuters) - The number of Americans filing for unemployment benefits fell more than expected last week, reinforcing views of labor market strength that could encourage the Federal Reserve to...
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Valeant amends credit facility for second time in six months
(Reuters) - Valeant Pharmaceuticals International Inc said its lenders had approved an amendment to its credit facility, giving the drugmaker more flexibility to sell assets and repay loans by taking...
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Even fried chicken sales are down because of the oil crash (PLKI, HOG, CAKE)
Popeyes' chicken tenders and biscuits are also on the list of things oil workers are cutting spending on.During the second-quarter earnings season, several companies that aren't in the energy sector...
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The 9 worst cities to live in the world
Some of the world's major cities are becoming tougher places to live due to rising political and social unrest, as well as growing threats of terrorism.The Economist Intelligence Unit report, which...
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