Add Kohl’s to the list of brick-and-mortar retailers signing deals with Amazon. The department store chain unveiled plans on Wednesday to roll out a “smart home experience” in 10 stores, ahead of the holiday shopping season. Beginning in October, shoppers at the designated locations in Los Angeles and Chicago will be able to purchase Amazon […]
Read moreCheck out which companies are making headlines before the bell: Exxon Mobil – UBS upgraded the stock to “neutral” from “sell,” noting the underperformance of the stock this year and an improved macro outlook for the oil industry. Sarepta Therapeutics – The drugmaker announced positive study results for a new treatment for Duchenne Muscular Dystrophy. […]
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Small-cap stocks fell about 1 percent on Tuesday, and Todd Gordon says it’s just the first sign that the small-caps’ recent run is done. “It’s been a little too far in a little too short period of time,” the TradingAnalysis.com founder said Tuesday on CNBC’s “Trading Nation.” “We’ve moved up into technical resistance; I think […]
Read morePresident Donald Trump’s administration is set to unveil revised self-driving vehicle guidelines next week in Michigan, responding to automakers’ calls for elimination of legal barriers to putting autonomous vehicles on the road, sources briefed on the matter said on Tuesday. U.S. Transportation Secretary Elaine Chao was expected to unveil the revised guidelines next Tuesday at […]
Read moreAdvanced hackers have targeted United States and European energy companies in a cyber espionage campaign that has in some cases successfully broken into the core systems that control the companies’ operations, according to researchers at the security firm Symantec. Malicious email campaigns have been used to gain entry into organizations in the United States, Turkey […]
Read moreThe European Union’s top court dismissed complaints on Wednesday by Slovakia and Hungary about EU migration policy, upholding Brussels’ right to force member states to take in asylum seekers. In the latest twist to a divisive dispute that broke out two years ago when over a million migrants poured across the Mediterranean, the European Court […]
Read morePresident Mario Draghi at the European Central Bank (ECB) will once again face a balancing act when he speaks to the media on Thursday afternoon, with a strong euro scuppering any talk of a quick end to the central bank’s asset purchase program. The ECB’s Governing Council is largely expected to upgrade growth forecasts while […]
Read moreWealth manager gives 3 reasons why you should stick with stocks and forget about a market correction
Investors simply need to adjust to the current environment rather than ditch their equity portfolios amid geopolitical concerns and fears of a market correction, a U.S. asset manager told CNBC Wednesday. With the S&P 500 up nearly 10 percent year-to-date at a time when geopolitics is worrying investors, some money managers have begun considering a […]
Read moreRussian President Vladimir Putin urged the international community to hold fresh talks to try to resolve the North Korean crisis on Wednesday, warning that progress would be “impossible” without a commitment to dialogue. “It is clear that it is impossible to resolve the problem of the Korean Peninsula only by sanctions and pressure,” Putin told […]
Read moreCurrency, United States Finance
Swiss confectioners invent a new kind of chocolate for the first time in 80 years
Switzerland, a country famed for its services to chocolate, unveiled a new iteration of the sweet stuff Tuesday called ‘Ruby’. The pink hued chocolate is the fourth type ever to be created and comes 80 years after the launch of White chocolate. Barry Callebaut, the chocolatiers behind the creation, say the new product will satisfy […]
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