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  • 09/21/2017 23:06:18

    U.S. stock futures ease back after North Korea H-bomb threat

    U.S. stock futures pointed to opening losses for Wall Street on Friday, after North Korea reportedly threatened to test a hydrogen bomb over the Pacific Ocean. Speaking in New York at a United Nations meeting, North Korea's foreign minister Ri Yong Ho said late Thursday his country might consider a nuclear test of "unprecedented scale" in the Pacific. Dow Jones Industrial Average futures slid 61 points, or 0.3%, to 22,271, while S&P 500 futures lost 7.1 points, or 0.3%, to 2,493.75. Nasdaq 100 futures fell 27 points, or 0.5%, to 5,918.50. The losses were in line with weaker Asian markets, where the South Korean Kospi index fell 0.7%. Gold , an asset that grows attractive in times of geopolitical tension, pushed back above the $1,300-an-ounce level, gaining $6.80, while the Japanese yen, another haven asset, surged against the dollar to ¥111.76 from ¥112.47 in late North American trade on Thursday. U.S. stocks retreated from record levels on Thursday as the Dow industrials snapped a nine-day winning streak. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/21/2017 22:55:38

    PRESS DIGEST- New York Times business news - Sept 22

    Sept 22 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 09/20/2017 23:47:04

    PRESS DIGEST- New York Times business news - September 21

    Sept 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 09/18/2017 23:01:19

    PRESS DIGEST- New York Times business news - September 19

    Sept 19 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 09/18/2017 18:41:31

    Donald Trump Jr. gives up Secret Service protection: report

    Donald Trump Jr., the president's son, has decided to give up his Secret Service protection, according to a New York Times report late Monday. Trump Jr., who lives in New York, reportedly is seeking more privacy, away from the large security detail. It was not immediately clear if he was lifting security for his wife and five children as well. The move should help the Secret Service, which has been hard-pressed to provide security to the President Donald Trump's large family and their extensive travels. Last month, the agency said more than 1,000 agents had already hit their yearly caps for salary and overtime.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/18/2017 17:33:13

    FBI was wiretapping ex-Trump campaign chairman Manafort as late as this year: report

    Former Trump campaign chairman Paul Manafort was secretly wiretapped by the FBI before and after the presidential election, CNN reported late Monday. The report said the surveillance continued until early this year, a time period when Manafort and President Donald Trump were still communicating, though it was not immediately clear if his conversations with Trump had been captured. CNN said special counsel Robert Mueller's investigative team has been given details of Manafort's intercepted communications. While sources told CNN the evidence may not be not conclusive, FBI investigators were reportedly concerned that Manafort was encouraging Russian meddling in the election. The secret surveillance order was first approved by the Foreign Intelligence Surveillance Act court in 2014, and renewed at some point last year. Earlier this summer, Manafort's home was raided by the FBI and his spokesman subpoenaed by the Mueller investigation. In late August, it was reported that Mueller was working with New York Attorney General Eric Schneiderman in his Manafort investigation to share potential evidence of financial crimes. In a separate report Monday, the New York Times said Mueller's investigators told Manafort during the raid on his house that they planned to indict him.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/17/2017 23:26:04

    PRESS DIGEST- New York Times business news - September 18

    Sept 18 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 09/17/2017 18:22:10

    After 50 years, Rolling Stone is up for sale: report

    Rolling Stone, the iconic music magazine, is being put up for sale, according to a New York Times report Sunday. Founder Jann Wenner is ready to give up control of the independent magazine, the Times reported, putting Wenner Media, which owns a majority stake in Rolling Stone, on the market. The move comes in response to financial difficulties, largely related to the decline in print advertising in recent years. Last year, Wenner Media sold a 48% stake to Singapore's BandLab Technologies Ltd. Wenner has hired bankers to explore a sale, the Times reported, but no potential buyers have emerged yet. Wenner started the magazine in 1967 in San Francisco with music critic Ralph Gleason, and it made its mark in the 1970s with rollicking articles by the likes of Hunter S. Thompson, P.J. O'Rourke and Cameron Crowe. "I've enjoyed it for a long time," Wenner told the Times, but selling is "just the smart thing to do."Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/14/2017 22:33:41

    PRESS DIGEST- New York Times business news - Sept 15

    Sept 15 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 09/08/2017 15:23:04

    New Uber CEO steps down from New York Times board

    Uber Technologies Inc. Chief Executive Dara Khosrowshahi stepped down from the New York Times Company's board of directors Friday, according to an Securities and Exchange Commission filing. The filing cited "increased responsibilities" as Uber's top boss as the reason for the resignation and that it was not because of a disagreement with the New York Times about the company's "operations, policies or practices." The Times has aggressively covered Uber, publishing several damaging stories about the company in recent months, including one about secret software code named "Greyball." The company used the software to evade law enforcement sting operations in several cities. The Times story prompted a criminal probe into the matter by the Justice Department. Khosrowshahi previously served as CEO of Expedia Inc. until he resigned in August to take over the CEO job at Uber. Khosrowshahi had $184 million of unvested stock options in Expedia that Uber will likely have to replace.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/05/2017 22:43:06

    PRESS DIGEST- New York Times business news - Sept 6

    The following are the top stories on the New York Times business pages. - The renegotiation of the North American Free Trade Agreement sputtered forward on Tuesday as officials from the United States, Canada and Mexico concluded their second round of talks with plenty of pleasantries but little major progress to announce. http://nyti.ms/2wF7AG5.

  • 09/04/2017 22:38:20

    PRESS DIGEST- New York Times business news - Sept 5

    The following are the top stories on the New York Times business pages. - Tronc Inc (TRNC) the publisher of The Los Angeles Times and The Chicago Tribune, announced on Monday that it had acquired The Daily News, the nearly 100-year-old tabloid that for decades set the city's agenda with its gossip, sports and city coverage. http://nyti.ms/2xKHyRY.

  • 09/01/2017 10:53:23

    Mueller has draft of Comey's firing letter from Trump, report says

    Special counsel Robert Mueller has a draft of the letter that President Donald Trump and an aide drafted before firing FBI Director James Comey, The New York Times reported. The letter is different than the one written by Rod Rosenstein, the deputy attorney general, the report says. The draft letter was blocked by White House counsel Donald McGahn, the report says. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 09/01/2017 09:40:44

    Russian hacking of back-end voting systems more extensive than previously disclosed: report

    Russian hacking of the vast "back-end" of U.S. election apparatus was more extensive than previously disclosed, according to a report in the New York Times on Friday. Hackers breached three providers of critical elections services well ahead of voting, the report said, which was based on two dozen interviews. Local, state and federal agencies have conducted few of the rigorous investigations required to assess the impact, if any, on voting in at least 21 states whose election systems were targeted by Russian hackers.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/31/2017 22:52:38

    PRESS DIGEST- New York Times business news - Sept 1

    The following are the top stories on the New York Times business pages. - Nearly a year after Wells Fargo & Co's (WFC) fraudulent account scandal burst into public view, the bank said it had turned up more than a million additional accounts that customers may not have authorized. http://nyti.ms/2wrkiIt.

  • 08/27/2017 22:52:30

    PRESS DIGEST- New York Times business news - Aug 28

    The following are the top stories on the New York Times business pages. - Uber Technologies Inc chose Dara Khosrowshahi, who leads online travel company Expedia Inc (EXPE), to be its chief executive on Sunday, two people with knowledge of the decision said.

  • 08/25/2017 14:19:23

    Dow ends slightly higher after Jackson Hole speeches; Nasdaq halts weekly skid

    U.S. stock benchmarks finished with slight gains Friday, halting weekly skids as European Central Bank President Mario Draghi and Federal Reserve boss Janet Yellen delivered speeches at Jackson Hole, Wyo. The Dow Jones Industrial Average rose 30.37 points, or 0.1%, at 21,813.67 Dow components Boeing Co. and Intel Corp. limited gains for blue chips. The S&P 500 index advanced 4.08 points, or 0.2%, at 2,443.05, while the Nasdaq Composite Index finished lower, down 5.68 points, or less than 0.1%, at 6,265.64. Still, the technology laden gauge halted a dubious streak of four consecutive weekly declines, with a roughly 0.8% gain. For the week, the Dow gained 0.6%, while the S&P 500 enjoyed a 0.7% return, with both benchmarks ending two straight weeks of declines. Earlier in the session, Yellen said the economy was stabilizing but made no specific remarks about monetary policy during her speech at the gathering of central bankers in Wyoming. Later Friday, Draghi said recoveries taking place in global economies are firming, though he said it was "at an earlier stage" in Europe and Japan. His remarks were interpreted as hawkish by investors, sending the euro surging against the dollar up at $1.1925, compared to $1.18 late Thursday in New York. U.S. equity markets, meanwhile, were given an early boost on the back of the possibility of tax reform following remarks made by Gary Cohn, the president's economic adviser. During a interview with the Financial Times he said the president was focused on getting tax reform done by the end of 2017. Tax cuts and other fiscal stimulus measures had been part of catalyst for stocks's rise to records after Trump's election victory in November. In that interview, Cohn also said he seriously considered resigning in response to Trump's reaction to a Charlottesville, Va., white-supremacist rally, however, the adviser and former Goldman Sachs executive decided against leaving. In other news, investors watched developments in the Gulf Coast after Hurricane Harvey was upgraded to a Category 3 storm. In corporate news, Ulta Beauty Inc. shares dropped 9% after the retailer's results late Thursday showed second-quarter sales growth slowed. Check out a live blog of the Jackson Hole symposium here.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/25/2017 14:10:51

    Dow ends with slight gain after Jackson Hole speeches; Nasdaq halts weekly losing streak

    U.S. stock benchmarks ended with slight gains Friday, halting weekly skids as European Central Bank President Mario Draghi and Federal Reserve boss Janet Yellen delivered speeches at Jackson Hole, Wyo. The Dow Jones Industrial Average rose 30 points, or 0.1%, at 21,813. Dow components Boeing Co. and Intel Corp. limited gains for blue chips. The S&P 500 index climbed 4 points, or 0.2%, at 2,443, while the Nasdaq Composite Index finished lower, down 5 points, or less than 0.1%, at 6,265. Still, the technology laden gauge halted a dubious streak of four consecutive weekly declines, with a roughly 0.8% gain. Earlier in the session, Federal Reserve Chairwoman Yellen said the economy was stabilizing but made no specific remarks about monetary policy during her speech at the gathering of central bankers in Wyoming. Later in the session, Draghi said recoveries taking place in global economies are firming, though he said it was "at an earlier stage" in Europe and Japan. The statement was enough to send the euro surging against the dollar up at $1.1925, compared to $1.18 late Thursday in New York. U.S. equity markets, meanwhile, were given an early boost on the back of the possibility of tax reform following remarks made by Gary Cohn, the president's economic adviser. During a interview with the Financial Times he said the president was focused on getting tax reform done by the end of 2017. Tax cuts and other fiscal stimulus measures had been part of catalyst for stocks's rise to records after Trump's election victory in November. In that interview, Cohn also said he seriously considered resigning in response to Trump's reaction to a Charlottesville, Va., white-supremacist rally, however, the adviser and former Goldman Sachs executive decided against leaving. In other news, investors watched developments in the Gulf Coast after Hurricane Harvey was upgraded to a Category 3 storm. In corporate news, Ulta Beauty Inc. shares dropped 9% after the retailer's results late Thursday showed second-quarter sales growth slowed. Check out a live blog of the Jackson Hole symposium here.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/24/2017 23:05:37

    PRESS DIGEST- New York Times business news - Aug 25

    Aug 25 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 08/22/2017 18:55:01

    Apple focusing on self-driving technology, not building cars: report

    Apple Inc. is scaling back its plans to build self-driving cars, focusing instead on the software and technology for autonomous vehicles, according to a New York Times report late Tuesday. In June, Apple Chief Executive Tim Cook told Bloomberg News the company was "focusing on autonomous systems" but didn't go into details. The Times said Apple's pivot after years of work on the so-called Project Titan came after complications caused by the sheer size of the self-driving-car project and lack of a clear vision for the end product. After longtime Apple hardware executive Bob Mansfield took over the Titan project last year, he shifted its focus from building a car to the technology behind it, the Times said. Apple plans to test its technology with a self-driving shuttle van between its Silicon Valley campuses, the Times reported.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/20/2017 23:29:37

    PRESS DIGEST- New York Times business news - Aug 21

    Aug 21 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 08/18/2017 10:59:44

    U.S. stocks rise to session highs after report of likely Bannon ouster

    U.S. stocks rose to session highs Friday following a report that President Donald Trump has told senior aides he has decided to fire strategist Stephen Bannon. The Dow Jones Industrial Average rose 27 points, or 0.1%, to 21,778. The S&P 500 index gained 8 points, or 0.3%, for 2,438. The Nasdaq Composite Index rose 30 points, or 0.5%, to 6,252. The New York Times reported that Trump has discussed how and when to dismiss Bannon, while a person close to Bannon told the Times that he had submitted his resignation on Aug. 7.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/18/2017 10:48:04

    Wall Street recoups losses after report of Bannon's exit

    (Reuters) - Wall Street recouped losses in early afternoon trading on Friday following a New York Times report that President Donald Trump has decided to remove chief strategist Steve Bannon.

  • 08/18/2017 10:47:11

    Stephen Bannon being removed from White House: reports

    President Trump has decided to remove Stephen Bannon, his chief strategist, media reports said Friday. The New York Times said Trump has told senior aides he is removing Bannon, and the Drudge Report said he was "moving on." Earlier Friday, Axios reported a decision on Bannon was imminent and that officials expected him to be fired. The reported decision to remove Bannon comes in the wake of Trump's controversial comments on the violence in Charlottesville. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

  • 08/16/2017 23:18:44

    PRESS DIGEST- New York Times business news - Aug 17

    Aug 17 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 08/16/2017 12:20:37

    In Trump's Government, The 'Regulated Have Become The Regulators'

    Eric Lipton of The New York Times says lobbyists now working for the government are leading a regulatory roll back that is benefiting the industries they used to represent.

  • 08/15/2017 15:17:37

    NY Times must face defamation lawsuit over professor's slavery comments

    Aug 15 (Reuters) - A federal appeals court on Tuesday said the New York Times Co must face a defamation lawsuit by a Louisiana economics professor who said it quoted him out of context by saying he described slavery as "not so bad."

  • 08/14/2017 10:58:47

    C.E.O.s React After Trump Attacks Merck Chief

    The New York Times is following reaction to President Trump’s mocking attack on the chief executive of Merck, who resigned from one of the president’s advisory councils.

  • 08/10/2017 22:38:35

    PRESS DIGEST- New York Times business news - Aug 11

    Aug 11 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

  • 08/09/2017 10:21:49

    Trump's 'fire and fury' comment was improvised and surprised aides: report

    President Donald Trump's threat to bring "fire and fury" down on North Korea was entirely improvised and caught his aides by surprise, the New York Times reported Wednesday, citing several people with direct knowledge of what unfolded. Trump appeared to look at a single page of talking points when he made the threat but the piece of paper was a fact sheet on the opioid crisis, the report said. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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