Some industrial and consumer stocks are among the biggest winners the week after the U.S. reports a solid monthly jobs report, history shows. Friday’s employment report showed the U.S. economy added 209,000 jobs in July, beating expectations of 183,000 and marking a second straight month of plus-200,000 job creation. When the monthly jobs report comes […]
Read moreApple News is getting new changes in iOS 11, due out for iPads and iPhones this fall, which more custom content. Start using it now, though, I think you’ll agree it’s one of the best places to find the biggest and most compelling news stories without having to dig. It’s free, so you have nothing […]
Read moreBillboard is bringing a music documentary series to Snapchat. “Artist Pass” is Snapchat’s first original music programming, featuring a behind-the-scenes look at artists as they prepare for performances. The episodes, which are sponsored by Honda and are four to five minutes in length, will air biweekly starting Sunday and be available on Discover for 48 […]
Read moreDiscount supermarket chain Aldi is withdrawing all eggs from sale at its more than 4,000 stores in Germany as a precaution, it said on Friday, as a scare over the possible contamination of eggs with insecticide spreads. Traces of insecticide fipronil were found in eggs in Belgium and the Netherlands last month, which has led […]
Read moreCurrency, United States Finance
Ireland floats special EU-UK customs union as way to break Brexit logjam
Irish Prime Minister Leo Varadkar called on Friday for the European Union and Britain to find “unique solutions” to their Brexit logjam, including a bespoke customs union. That would solve the problem of a hard border in Ireland once Britain has left the EU, something that is of great concern to Dublin. Varadkar, a new […]
Read moreGetting patients to the doctor’s office is a big cost for many insurers. That presents an attractive opportunity for Lyft and Uber, which to date have focused on consumers. Non-emergency medical transportation is a $6 billion market, with most of that money going to cover the poor and elderly, who often don’t have cars or […]
Read moreWhatsApp has a long history of keeping advertising away from its users, and the co-founders of the messaging app once wrote a blog post that called ads disruptive and even insulting. Facebook, which bought WhatsApp for $19 billion in 2014, has a long history of placing ads on its most popular products and services, including […]
Read moreAmazon had a massive jobs fair on Wednesday to fill 50,000 positions across its warehouse facilities. Those jobs account for the vast majority of Amazon’s 380,000 employees. But the fastest-growing part of Amazon’s workforce has nothing to do with stocking and packing products. Sales jobs at the company’s cloud and advertising businesses are growing at […]
Read moreFederal Reserve policy and mechanism has kept up with the pace of technological change while markets are stuck in the past, according to an economist. “First of all, we markets are married to 1987 models of the Phillips Curve, the relationship between employment and wages, and we’ve spent all our time wondering why it’s not […]
Read moreCall it the Oprah Winfrey effect. Shares of Weight Watchers were climbing more than 15 percent in premarket trading Friday, after the New York-based company reported earnings that topped Wall Street expectations and raised its outlook for the full year. Ever since Winfrey associated herself with the brand back in 2015, Weight Watchers has been […]
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