A few years ago, Sean Bridges lived with his mother, Linda, in Wiley Ford, W.Va. Their only income was her monthly Social Security disability check. He applied for work at Walmart and Burger King, but they were not hiring. Yet while Mr. Bridges had no work history, he had certain skills. He had built and […]
Read moreSamsung is going to re-launch the smartphone that it recalled and ultimately discontinued last year. The new device is called the Galaxy Note 7 FE — the FE stands for Fandom Edition — and will launch on July 7 beginning in South Korea, according to The Wall Street Journal. Samsung had to ultimately discontinue manufacturing […]
Read moreMeal delivery darling Blue Apron is set to price tonight and trade tomorrow at the NYSE. It’s getting a lot of interest from the IPO community for one principal reason: Amazon’s purchase of Whole Foods has changed the dynamics of home delivery, a business a lot of players want to get into. This morning, the […]
Read moreNvidia, the market’s best-performing stock in the past year, received a big price forecast increase from Mizuho Securities Tuesday. Analyst Vijay Rakesh told investors to buy the semiconductor company’s shares, citing the strong business opportunities in the digital currency mining markets this year. “We believe near-term strength in cryptocurrency mining with the run-up in Bitcoin […]
Read moreThis is a breaking news story. Please check back later for more. Follow CNBC International on Twitter and Facebook. Source: cnbc Euro falls to .1290 on reports market misjudged Draghi speech
Read moreThe global ransomware attack that hit major corporations from shipping giant Maersk to the world’s biggest advertiser WPP, has affected over 12,000 machines, with companies and security researchers scrambling to find a fix. Ransomware is a malicious piece of software that locks files on a computer and demands payments to unlock them. The files on […]
Read moreThe energy sector is on pace for its sixth month of losses, which would mark its longest monthly losing streak going back to the creation of the modern sector system in 1999. And some strategists are forecasting further downside ahead for the sector that’s tethered closely to oil prices. Crude has fallen nearly 19 percent […]
Read moreA daily morning look at the financial stories you need to know to start the day. STOCKS/ECONOMY -Stock futures are mixed after Tuesday’s losses and another big drop for tech stocks. -Mortgage applications fell 6.2 percent last week. OIL/ENERGY -U.S. crude prices are down, but holding at the $44 a barrel level after Tuesday’s gains. […]
Read moreDALIAN, China — China should double its military spending in order to shore up both national and regional security, an international relations expert said Wednesday. “They should double it — I think China spends too little right now,” said Yan Xuetong, dean of Tsinghua University’s Institute of International Relations. At the very least, the world’s […]
Read moreCheck out which companies are making headlines before the bell: General Mills – The food maker earned an adjusted 73 cents per share for its latest quarter, two cents a share above estimates. The company beat on the top line as well, benefiting from fewer promotions and expense controls. General Mills also raised its quarterly […]
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