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No, the economy wouldn't be better off if everyone moved to New York and San Francisco
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No, the economy wouldn't be better off if everyone moved to New York and San Francisco
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No, the economy wouldn't be better off if everyone moved to New York and San Francisco
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A step-by-step guide.
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NEW YORK (Reuters) - Comcast Corp, the largest U.S. cable provider, on Wednesday launched a new business application and platform with faster connections in its push to boost sales to commercial customers as more consumers drop traditional cable services. Comcast, like other pay-TV providers, is under pressure as viewing habits change and wants to leverage its infrastructure to grow in other ways.
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It's still too early to calculate agricultural losses after Hurricane Irma, but consumers will probably feel effects at the supermarket.
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The enterprise storage leader fell in spite of a strong quarterly earnings announcement. Here's what investors need to know.
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No, the economy wouldn't be better off if everyone moved to New York and San Francisco
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Target is hiring more than 100,000 temporary workers for the holidays -- a sharp increase over last year.
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Governments around the world have continued to cut their tax rates on company profits, lowering them further below that of the U.S. as the Organization for Economic Cooperation and Development warned the competition to aid businesses may be going too far.
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The athletic footwear and apparel giant dropped on the pain of two closely related businesses. Here's what investors need to know.
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Ms. Gibbs, the first woman to lead the magazine, said she would stay at Time Inc. through the end of the year to help with the transition.
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2017-09-13 0001683168-17-002356 1 MB
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* Futures lower: Dow 14 pts, S&P 3.75 pts, Nasdaq 12 pts
(Adds details, comment, updates prices)
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It's a beast, and it'll do great things for the new iPhones.
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Wall Street stocks are poised to slip back from all-time highs Wednesday, as investors cast about for catalysts that could breathe new life into the recent rally.
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Mortgage applications jumped last week, as most interest rates continued to decline. The composite index increased by 9.9%. The purchase index rose by 10.9% while the refinance index moved 8.9% higher.
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Apple's new lineup of products is exciting -- but it is not what we want from Apple. It is time for Tim Cook to shake things up.
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Good morning from the WSJ City desks in London. Be the first with high-value stories. Download WSJ City for on your mobile and let us keep you in the loop from 6am. The WSJ City app. Upwardly mobile. iPhone and Android. Your friends and colleagues can sign up to this newsletter here. MUST READS FROM WSJ CITY Apple introduced a trio of new […]
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Global hiring intentions remain positive for the fourth quarter. Employers in 42 of 43 surveyed countries intend to add to their payrolls in the fourth quarter. The seasonally adjusted net employment outlook in the U.S. remains positive, at 17. The British outlook stayed positive and improved in quarter-ago and year-ago terms. All eight Asia-Pacific countries surveyed expect to increase hiring, with Japan, Taiwan, and India having the most upbeat net employment outlooks. Overall, in quarter-ago terms, hiring intentions strengthened in 23 of 43 countries, while in year-ago terms, hiring intentions increased in 25, weakened in 15, and were unchanged in three.
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2017-09-13 0001193125-17-283341 41 KB
Item 7.01: Regulation FD Disclosure
Item 9.01: Financial Statements and Exhibits
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For a $2,999 price point, you might wonder -- is the Microsoft Surface Studio desktop really worth it? I tested one recently and found myself being drawn to a few important features that made it worth the high price even compared to similar models from Dell and even Apple.
1. Incredibly high resolution
This was one of the surprises for me, because I sometimes don't like extremely high-res displays. They might be clear, but the color quality sometimes suffers. And, in some cases, the extra resolution doesn't really help with detail work in Photoshop and other apps because you don't really notice the difference. The Studio uses a resolution of 4500 x 3000 pixels, and believe me, you notice. For photos, I was able to zoom in and make fine adjustments to pixels in ways I couldn't do on any laptop or on my normal 2K resolution display. Even normal Word documents looked better on the Studio's display without any jagged text.
To read this article in full or to leave a comment, please click here
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No, the economy wouldn't be better off if everyone moved to New York and San Francisco
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(Reuters) - Wall Street was set to open slightly lower on Wednesday, after a two-day rally, weighed down by a drop in Apple and as North Korea showed a trademark defiance over new U.N. sanctions.
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These market highs are making a few out there just a bit dizzy. While those records may struggle to hold on today, a resilient market has some thinking it may be time to take money off the table and cash in a few gains. Here's what not to do.
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Bloomberg
Rising U.S. wholesale prices in August reflect the biggest jump in energy costs since January, while underlying inflation remained contained, a Labor Department report showed Wednesday in Washington. Higher gas prices boost wholesale inflationMarketWatch US producer prices rose in August as energy costs shot upCharlotte Observer US Producer Price Indexes - August 2017Forex Factory
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Block by block and city by city, utilities face one of the largest power-restoration challenges in U.S. history as they bring back electricity to more than 15 million people left in the dark after Hurricane Irma.
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A Texas woman is putting her knack for finding deals with coupons to good use by helping Hurricane Harvey victims in need of food and basic necessities.
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Baring Private Equity Asia has restarted a process to sell the assurance unit of Australian standards and risk management company SAI Global.
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Bloomberg
Bitcoin is a risky fraud, according to Jamie Dimon, yet fund managers say it's the most crowded trade out there. It's not the only one: cannabis investments have boomed alongside crypto-currency, despite the obvious risks. The fear of regulatory Dimon calls bitcoin 'a fraud' and may have delivered the biggest blow to the digital currencyMarketWatch Bankers' mistrust of bitcoin is still the greatest argument for itTechCrunch Bitcoin and the Jamie Dimon Bear: Cryptocurrency Prices Approach 20% SlumpTheStreet.com PYMNTS.com -newsBTC -Benzinga -
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Brazilian authorities arrested the head of JBS SA, the world's largest meatpacker, for allegedly using insider trading to profit from a massive plea deal signed earlier this year amid a corruption probe.
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So far we don't know who did it, why they did it but we have some clues into how.
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U.S. officials said Tesla's Autopilot feature contributed to a fatal crash last year, faulting the company's semiautonomous technology.
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Target says it plans to hire 100,000 seasonal employees for holidays
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Quartz
If it was possible, companies would charge every person the maximum they would pay for their product. In this world of maximum pricing, Apple could charge the super-rich the tens of thousands of dollars they would probably be willing to pay for iPhones Tesla Remotely Expanded Car Batteries Near Irma's Path, And Questions LingerNPR Tesla helped Florida residents escape hurricane Irma, here's howFinancial Express Tesla extends Model S, Model X range near Hurricane IrmaCNET The Week Magazine -SFist -
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Resilience doesn't help you avoid life's hardships; it's a technique for profiting from them.
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YouTube has caused an outcry by shutting down North Korean propaganda channels that were used by researchers to better understand the secretive nation.
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The company has shown some very encouraging results.
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Georgia Power, a subsidiary of Southern Co. , said Wednesday that 95% of its customers who were impacted by Hurricane Irma should have power restored by Sunday night. By Tuesday night, 60% of the customers impacted, or about 590,000 customers, had service restored. The Atlanta-based utility said about 360,000 of its customers are currently without power. The company said there have been more than 12,000 cases of individual damage or trouble, which includes broken poles and lines. Southern's stock, which was inactive in premarket trade, has gained 2.7% so far this month, while the SPDR Utilities Select Sector ETF has lost 0.1% and the S&P 500 has tacked on 1.0%.
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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Shares of Cracker Barrel Old Country Stores Inc. was indicated up over 2% in premarket trade Wednesday, after the restaurant and country store chain beat fiscal fourth-quarter profit expectations, offsetting a sales miss. Net income for the quarter to July 28 rose to $53.9 million, or $2.23 a share, from $51.0 million, or $2.12 a share, in the same period a year ago. The FactSet consensus for earnings per share was $2.17. Revenue fell 0.3% to $743.2 million, missing the FactSet consensus of $746.7 million. Same-store sales declined 1.7%, compared with the FactSet consensus of a 0.6% decline, while the average check increased 0.9%. Looking ahead, the company expects fiscal first-quarter EPS of $1.85 to $1.95 and fiscal 2018 EPS of $8.85 to $9.00, compared with the FactSet consensus for first-quarter EPS of $2.10 and for 2018 EPS of $8.89. "As we enter the new fiscal year, we anticipate the environment to remain challenged, yet are confident in our plans to invest in the long-term growth of the company," said Chief Executive Sandra Cochran. The stock has lost 9.4% over the past three months through Tuesday, while the S&P 500 has gained 2.3%.
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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Brent-WTI spread widens, German holdings of foreign assets and the bitcoin bubble
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Twelve months of fantastic market momentum hit a brick wall when the circuit board maker finally posted a timid quarterly report.
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CNNMoney
1. Nordstrom sale: Shares in Nordstrom (JWN) were surging by about 10% premarket following reports that the company could soon be taken private. CNBC, citing unnamed sources, said that private equity firm Leonard Green & Partners could partner with ... Nordstrom (JWN) Stock Gains 10%: Will it Go Private Soon?Zacks.com Nordstrom's plan to attract shoppers: Wine, manicures — but no merchandiseWashington Post Nordstrom's tiny new stores basically won't have any stuff in themFast Company Benzinga -PYMNTS.com -CNBC -
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Apple introduced a trio of new iPhones Tuesday, making a bet that some customers will be willing to part with upward of $1,000 for the premium iPhone X while others will also pay up to upgrade regular models.
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One of the largest sources of Bitcoin can be found in the grasslands of Inner Mongolia, despite Chinese skepticism over its potential for risk.
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Household income rose by 3.2 percent in 2016 as the recovery delivered growing prosperity. Health coverage broadened and poverty declined.
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The Trump administration threatened to impose further sanctions on China if Beijing doesn't do more to shut down banks and other Chinese firms aiding North Korea.
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Hurricane Irma has weakened to a tropical storm, but left damage to nearly all parts of a tightly connected Florida economy that relies heavily on tourism.
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Time Inc. announced Tuesday that Nancy Gibbs is stepping down as editor-in-chief of Time magazine at the end of the year. A successor is expected to be named soon, Time said. Gibbs has spent 32 years working at Time, including four as the magazine's first female editor-in-chief. Gibbs is credited with revamping Time's digital operations that has doubled the magazine's overall audience under her tenure. "Nancy successfully ushered Time into a new era," the company said in a statement. "She is leaving Time in a strong position, with the biggest audience in its history and more innovations ahead." Gibbs said she's "grateful for every single day I've spent at Time, but it's time for another chapter." Time shares are down 4% in the past three months, and down 25% year to date, compared to the S&P 500's gains of 3% and 12%, respectively.
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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Initial estimates suggest Harvey and Irma's damage will cost between $150 billion to $200 billion.
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The company responded strongly to Bill Ackman's arguments and tactics.
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July's Job Openings and Labor Turnover Survey confirms the steady expansion of the labor market. Employers posted 6.17 million job openings, up from 6.12 million in June; the rate remained at 4%. The number of open positions reached a new high for the series since its early-2000s launch. Likewise, hiring edged higher to 5.5 million from 5.43 million in June; the July number is a cyclical peak. Separations were also little changed at 5.33 million, up from 5.31 million. Net employment increased from 120,000 to 170,000.
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Technology's a great thing when used by society to better itself. Often, when investors think of great technology, companies like Tesla Inc. (TSLA) and Amazon.com, Inc. (AMZN) spring to mind.
However, truth be told, technology is used by all kinds of businesses to make their companies more efficient.
"In ten years, every company will have to be an artificial intelligence company, or they won't be competitive," Loup Ventures Managing Partner Doug Clinton wrote in a July blog. "While traditional tech companies have been very forward about their advancements and investments in AI, there are non-tech companies that are poised to benefit from their efforts in AI."
While many investors are looking for the next big technology stock, a small minority are less concerned about the technology itself, but rather how the technology is used by a non-tech company to create a wider moat.
I've come up with seven non-tech stocks using technology to win.
Prices and data are from the original InvestorPlace story published on September 6, 2017. Click on ticker-symbol links in each slide for current prices and more.
SEE ALSO FROM KIPLINGER: 7 Reliable Dividend Stocks to Buy Now
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Tuesday's report, the first such recommendations for manufacturers released under the Trump administration, trims some of the guidelines set out under Obama. Still, they remain voluntary.
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Chinese authorities are ordering domestic bitcoin exchanges to shut down, delivering a heavy blow to once-thriving trading hubs that helped popularize the virtual currency pushing it to recent record highs.
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Better showing as stock market breaks free of tight correlations of recent years
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A 2014 guidance letter on racial disparities in school discipline has helped create classroom chaos.
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Irma has left up to 15 million people in Florida without electricity. Restoring service could be the most complex operation of its kind in United States history.
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A new three-year contract means Mr. Oliver''s weekly show 'Last Week Tonight' will be on HBO through at least the next presidential election.
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Many are without power or phone service. Their ability to reopen depends on the restoration of electricity, but also on whether employees can get to work through blocked roads and downed power lines.
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Shares of Nordstrom Inc. jumped in the extended session Tuesday following a report that the retailer is taking steps to go private. Nordstrom shares, which jumped more than 10% following the report, were last up 7.7% at $48.52 after hours, following a 0.7% rise in the regular session. Late Tuesday, CNBC reported that Nordstrom family members were close to choosing private-equity firm Leonard Green & Partners to help fund about $1 billion for a buyout. At the close, Nordstrom had a market cap of $7.49 billion. The Nordstrom family is reportedly talking to banks to secure up to $8 billion to finance the deal. Nordstrom family members own just over 30% of outstanding shares, according to FactSet.
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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It looks like John Oliver will keep his viewers entertained until the next presidential election.
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Time editor-in-chief Nancy Gibbs said Tuesday that she is stepping down, ending a 32-year-run at the magazine. She will remain there until the end of the year.
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Its economic strength has helped markets shrug off regional tensions
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Income for the average American household reached a new high last year for the first time this century.
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Irma's damage is hefty, but there's some relief now the storm has weakened.
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While you may never have dealt with Equifax, it still probably has your data. Protect yourself with these tips.
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