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Microsoft board hikes dividend 11%, OKs $40 billion in buybacks
Microsoft Corp. shares rose in the extended session Wednesday after the tech giant's board approved a dividend hike and billions in new share repurchases....
Sep 18, 2019 20:20 UTC Business Read More

Tesla installs a Supercharger station at Nürburgring
Tesla is continuing to test its new Model S prototypes at Nürburgring race track in Germany, and now the automaker has even installed a Supercharger station at…
Sep 18, 2019 19:01 UTC Business Read More

Honda's first hybrid SUV for the US is the 2020 CR-V
Honda hasn't exactly been quick to electrify (the Honda E won't even reach Europe until mid-2020), but it is making up for lost time in a significant way. The...
Sep 18, 2019 18:16 UTC Business Read More

The Fed Is Poised to Cut Rates Again. Here’s What to Watch.
WASHINGTON — Federal Reserve officials are expected to cut interest rates for a second time on Wednesday, a move that could prove divisive among Fed…
Sep 18, 2019 14:32 UTC Business Read More

Mortgage demand from buyers jumps as interest rates spike
Mortgage applications to purchase a home increased 6% for the week and were a strong 15% higher annually.
Sep 18, 2019 14:18 UTC Business Read More

Amazon launches pay-with-cash service in U.S. at Western Union locations; Western Union's stock surges
Amazon.com Inc. said Wednesday it is launching Amazon PayCode in the U.S., which allows customers to pay for online purchases in cash at Western Union…
Sep 18, 2019 13:26 UTC Business Read More

U.S. housing starts, building permits hit 12-year high
WASHINGTON (Reuters) - U.S. homebuilding surged to more than a 12-year high in August as both single- and multi-family housing construction increased,…
Sep 18, 2019 12:34 UTC Business Read More

Apple’s Irish companies were unimportant, argues Cupertino company’s lawyer
Apple's Irish companies were relatively unimportant, according to the iPhone maker's lawyer. Daniel Beard made the claim in the second and final day of the…
Sep 18, 2019 12:34 UTC Business Read More

Worried about a recession? Here's 5 ways small businesses can weather a downturn
Financial advisers and fund managers are bracing for the "October Effect" of declining stocks. Entrepreneurs should come up with a survival strategy.
Sep 18, 2019 11:59 UTC Business Read More

Cash-starved Air India putting crews on low-fat diet
Cash-starved Air India is putting its crew on a diet, changing their inflight menu to special low-fat meals. Dhananjay Kumar, the state-run airline's spokesman,…
Sep 18, 2019 11:54 UTC Business Read More

Congress threatens to subpoena Juul, saying vaping company isn't cooperating with probe
A House panel is threatening to subpoena Juul, saying the e-cigarette maker is not cooperating with a congressional probe looking at whether the company…
Sep 18, 2019 11:35 UTC Business Read More

Airbus ups 20-year new jet forecast with mega-cities tipped to drive growth
While more new planes are needed, Airbus predicts that overall there will be slightly fewer planes in the sky in 2038 than previously thought.
Sep 18, 2019 10:41 UTC Business Read More

3 Beaten-Down Ultra-High-Yield Dividend Stocks to Buy Now
High-quality dividend stocks are like a fine wine: Over time, they just get better and better. The problem is, finding high-quality dividend stocks isn't easy.
Sep 18, 2019 10:36 UTC Business Read More

Blackstone CEO Steve Schwarzman on Kara Swisher podcast Recode Decode
Much of the world is transitioning to a knowledge economy, but far too few Americans have had enough education to prepare them for that shift, Blackstone CEO…
Sep 18, 2019 10:19 UTC Business Read More

Google, Facebook Cozy Up to Publishers as Regulators Circle
Alphabet Inc. 's Google and Facebook Inc. are making concessions long sought by news publishers whose business has been hurt by the platforms' dominance,…
Sep 18, 2019 09:30 UTC Business Read More

The Internet Cloud Has a Dirty Secret
Data centers consume huge amounts of power, and companies and governments must figure out how sustainable development and technological innovation…
Sep 18, 2019 09:23 UTC Business Read More

Chinese retailers abruptly stop selling Juul e-cigarettes
It appears Juul's fortunes are about to get even worse. Bloomberg reports retailers in China have pulled the company's products just one week after they became…
Sep 18, 2019 05:41 UTC Business Read More

Venmo texting scam: Here’s what you need to know about the new con
A new scam is going around where Venmo users are being asked to send personal financial information over text, officials have warned.
Sep 18, 2019 05:24 UTC Business Read More

Explainer: The Fed has a repo problem. What's that?
(Reuters) - As if the U.S. Federal Reserve didn't already have enough on its plate heading into its meeting on interest rates this week, chaos deep inside the…
Sep 18, 2019 05:06 UTC Business Read More

Huawei says it will invest $1.5 billion in its developer program
Huawei said Wednesday it will invest $1.5 billion in its developer program over the next five years, as it seeks to build a sturdy and open ecosystem as part of its…
Sep 18, 2019 04:56 UTC Business Read More

Gold Prices Show Signs of Topping as All Eyes Turn to FOMC
Gold prices idled in familiar territory for a fifth consecutive day, with traders seemingly unwilling to show conviction one way or the other ahead of the Fed…
Sep 18, 2019 03:56 UTC Business Read More

Europe's banks may be at risk of failing if negative rates continue: EIU
Large banking institutions face the risk of failure if interest rates in Europe continue to stay negative, an economist told CNBC after the European Central Bank…
Sep 18, 2019 02:30 UTC Business Read More

SpaceX wants to buy a Texas hamlet to make way for its Mars rockets
Residents in Boca Chica Village, where SpaceX has built a skunkworks to develop Mars rocket ships, received buyout offers from the company this week.
Sep 18, 2019 01:29 UTC Business Read More

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