Facebook is popping after crushing earnings

FACEBOOK IS POPPING AFTER CRUSHING EARNINGS

Facebook shares are rising after the social media giant crushed its second quarter earnings, trading up more than 7% ahead of the opening...

Southwest beats Street 2Q forecasts

SOUTHWEST BEATS STREET 2Q FORECASTS

DALLAS - Southwest is reporting second-quarter net income of $746 million.

 
 
 
Why you still can't ditch your cable box

WHY YOU STILL CAN'T DITCH YOUR CABLE BOX

NEW YORK - Not that long ago, the clunky cable box looked like it was on its way out. The federal government was pressuring cable companies...

World shares gain on strong earnings, dovish Fed policy

WORLD SHARES GAIN ON STRONG EARNINGS, DOVISH FED POLICY

TOKYO - Global shares were mostly higher Thursday, supported by strong corporate earnings and the Federal Reserve's decision to pause...

 
 
 
Brolly, an ‘AI-driven' insurance app, raises £1M seed round led by Valar Ventures and Pi Labs

BROLLY, AN ‘AI-DRIVEN' INSURANCE APP, RAISES £1M SEED ROUND LED BY VALAR VENTURES AND PI LABS

Brolly, a U.K. ‘insurtech' startup that offers an app to help you manage and purchase various insurance products, has raised £1 million...

Global markets are too calm for Deutsche Bank

GLOBAL MARKETS ARE TOO CALM FOR DEUTSCHE BANK

LONDON - Calm markets make for stressed investment bankers, particularly at Deutsche Bank. The corporate and investment banking division...

 
 
 
Ford Mustang, slumping in US, is still a global hit

FORD MUSTANG, SLUMPING IN US, IS STILL A GLOBAL HIT

DETROIT - On any given day this summer, you might find 97-year-old Lennart Ribring driving his 2016 Ford Mustang GT on a winding road...

The Latest: FBI: Suspect in custody in cruise ship death

THE LATEST: FBI: SUSPECT IN CUSTODY IN CRUISE SHIP DEATH

ANCHORAGE, Alaska - The Latest on the death of a woman from a domestic dispute aboard a cruise ship :

 
 
 
Spinning Ohio State Fair ride breaks apart; 1 dead, 7 hurt

SPINNING OHIO STATE FAIR RIDE BREAKS APART; 1 DEAD, 7 HURT

COLUMBUS, Ohio - A swinging and spinning amusement park ride called the Fire Ball malfunctioned and broke apart on the opening day...

Slack just got a $5 billion valuation in a mega funding round led by SoftBank and Accel

SLACK JUST GOT A $5 BILLION VALUATION IN A MEGA FUNDING ROUND LED BY SOFTBANK AND ACCEL

Slack is raising $250 million in funding led by Accel and Japanese internet giant SoftBank - the same company that's looking to take...

 
 
 
Trump announces $10 billion Foxconn plant in Wisconsin

TRUMP ANNOUNCES $10 BILLION FOXCONN PLANT IN WISCONSIN

WASHINGTON - President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's...

Samsung Electronics logs record profit on memory chip boom

SAMSUNG ELECTRONICS LOGS RECORD PROFIT ON MEMORY CHIP BOOM

SEOUL, South Korea - Samsung Electronics reported its all-time high quarterly profit on Thursday as its semiconductor profit surged...

 
 
 
Now hiring at Amazon: Thousands of people in 1 day

NOW HIRING AT AMAZON: THOUSANDS OF PEOPLE IN 1 DAY

NEW YORK - Amazon plans to make thousands of job offers in just one day as it holds a giant job fair next week at nearly a dozen warehouses...

One of Warren Buffett's favorite investors listed the ingredients for a bubble - and warned many are present today

ONE OF WARREN BUFFETT'S FAVORITE INVESTORS LISTED THE INGREDIENTS FOR A BUBBLE - AND WARNED MANY ARE PRESENT TODAY

Billionaire Howard Marks has no problem with being cautious. Marks' investment firm, Oaktree Capital , is considered one of the leading...

 
 
 
BILLIONAIRE INVESTOR: Cryptocurrencies ‘aren't real'

BILLIONAIRE INVESTOR: CRYPTOCURRENCIES ‘AREN'T REAL'

Howard Marks, billionaire investor and founder of Oaktree Capital Management is adamant about his stance on cryptocurrencies like bitcoin,...

Buffalo Wild Wings is getting crushed by 'historically high' chicken wing costs

BUFFALO WILD WINGS IS GETTING CRUSHED BY 'HISTORICALLY HIGH' CHICKEN WING COSTS

"Historically high" chicken wing costs was one reason why Buffalo Wild Wings ' second-quarter profits fell. "Our profitability was...

 
 
 
LIVE: Facebook Q2 earnings

LIVE: FACEBOOK Q2 EARNINGS

Facebook is about to report whether the growth of its main revenue driver, News Feed ads, has indeed slowed down meaningfully going...

Whole Foods' key sales dip shows Amazon buying a fixer-upper

WHOLE FOODS' KEY SALES DIP SHOWS AMAZON BUYING A FIXER-UPPER

AUSTIN, Texas - Amazon is set to have a fixer-upper on its hands, with Whole Foods reporting another key sales decline.

 
 
 
The Fed isn't going to raise interest rates again until Christmas - at the earliest

THE FED ISN'T GOING TO RAISE INTEREST RATES AGAIN UNTIL CHRISTMAS - AT THE EARLIEST

Think of it as a really, really gradual pace. Federal Reserve officials appear to be warming up to the notion that a decline in inflation...

The Tesla Model 3 may be more of a luxury car than previously thought

THE TESLA MODEL 3 MAY BE MORE OF A LUXURY CAR THAN PREVIOUSLY THOUGHT

Tesla's mass-market Model 3 is officially launching on Friday, at a handover event in California where the first 30 owners will receive...