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Updated: 37 min 26 sec ago

Stocks hit record highs as tech rallies

Wed, 07/19/2017 - 4:15pm
The tech sector beat its all-time high set during the dot-com boom.
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American companies don't want a trade war with China, says Bob Hormats

Wed, 07/19/2017 - 4:15pm
Former Assistant Secretary of State Bob Hormats on Wednesday explained why American companies don’t want the United States to become involved in a trade war with China.
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Microsoft's Surface Hub production moving to China: report

Wed, 07/19/2017 - 3:44pm
Microsoft indicated that 124 jobs in a Portland-area factory are moving to China, according to a local report.
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RadioShack brand to survive under new owner: sources

Wed, 07/19/2017 - 3:44pm
The RadioShack brand will live on after a family office already owed $23 million by the bankrupt U.S. electronics chain agreed to assume ownership of it, as no other buyers submitted better bids this week, people familiar with the matter said.
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World's plastic waste could bury Manhattan 2 miles deep

Wed, 07/19/2017 - 2:20pm
Industry has made more than 9.1 billion tons of plastic since 1950 and there's enough left over to bury Manhattan under more than two miles of trash, according to a new cradle-to-grave global study.
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Valeant Just Showed Why Its Share Price Has Deservedly Fallen by 93% Since August 2015

Wed, 07/19/2017 - 2:03pm
Valeant just sold a non-core asset at a steep discount.
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Here's Why AVEO Oncology Rose as Much as 15% Today

Wed, 07/19/2017 - 2:01pm
The momo trading continues for AVEO Oncology stock -- this time with news from investment funds.
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IBM Hands Investors Another Mixed Bag

Wed, 07/19/2017 - 2:00pm
Revenue was down and profit was up, with many caveats.
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Rey finally gets place in Star Wars Monopoly sets sold in US

Wed, 07/19/2017 - 1:58pm
Hasbro is now offering a "Star Wars" Monopoly set for sale in the U.S. that includes the character Rey, after an uproar that started 18 months ago with an online plea by an 8-year-old girl to include her.
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Made-in-USA goods can be pricey and elusive. Just ask Trump

Wed, 07/19/2017 - 1:48pm
President Donald Trump's push this week to get Americans to buy goods "made in America" is harder than it might seem.
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Panel approves bill to boost testing of self-driving cars

Wed, 07/19/2017 - 1:20pm
A House subcommittee has approved legislation designed to allow automakers to increase the testing of self-driving cars on U.S. roads.
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3 Reasons Why Nike Inc. Shareholders Have Nothing to Worry About

Wed, 07/19/2017 - 1:08pm
See the factors that point to improving operating trends ahead.
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Why Vertex Pharmaceuticals Incorporated Stock Is Soaring Today

Wed, 07/19/2017 - 1:02pm
Vertex's cystic fibrosis franchise keeps rolling with yet another string of positive clinical data readouts.
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Utilities ETFs Can Turn Lights on Again

Wed, 07/19/2017 - 12:57pm
Perhaps it was a case of responding to higher interest rates or investors looking for sectors with more attractive valuations, but the Utilities Select Sector SPDR (NYSEArca:XLU), the largest utilities sector exchange traded fund, fell almost 4% over the past month. Some market observers believe the sector, prized for its high dividend yield and defensive…
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Nuns with chapel on land as pipeline protest sue regulators

Wed, 07/19/2017 - 12:56pm
Nuns who allowed activists opposing a natural gas pipeline to build a chapel on their property in protest of a planned easement have now sued the federal agency that approved the pipeline.
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Senate leader opposes later last call for casinos

Wed, 07/19/2017 - 12:47pm
Massachusetts Senate President Stan Rosenberg, a chief architect of the state law that legalized casino gambling, said Wednesday he was strongly opposed to a new law that could allow casinos to serve alcohol until 4 a.m.
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How Netflix Accounts for All of Its Content Spending

Wed, 07/19/2017 - 12:47pm
The company is spending billions on content every year, but it doesn't all show up on the income statement at once.
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UK bans credit card surcharges for consumers

Wed, 07/19/2017 - 12:22pm
Retailers in the United Kingdom will soon be banned from charging customers an additional fee for using credit cards on purchases, British government officials said Wednesday.
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The Latest: British American Tobacco buying Reynolds OKd

Wed, 07/19/2017 - 12:20pm
The Latest on London-based British American Tobacco's purchase of Reynolds American Inc., the second-largest U.S. cigarette company (all times local): 12:10 p.m. Shareholders of British American Tobacco and Reynolds American Inc. support merging into the world's largest publicly traded tobacco company.
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US Justice Department expected to drop $3M Harley-Davidson emissions penalty: Sources

Wed, 07/19/2017 - 12:17pm
The U.S. Justice Department is expected to announce this week it is dropping a requirement that Harley-Davidson Inc spend $3 million to reduce air pollution as part of a settlement the Obama administration announced in August, sources briefed on the matter said.
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