Apple’s India-made top-end iPhones to hit stores next month: source
Apple Inc’s top-end iPhones, assembled in India by Foxconn’s local unit, are likely to hit Indian stores next month, a source said, potentially helping the tech giant drop prices in the world’s second-biggest smartphone market.
Exclusive: Verizon sought buyers for Yahoo Finance – sources
Verizon Communications Inc earlier this year looked for buyers for Yahoo Finance, one of the most popular internet destinations for financial news and portfolio management tools, three people familiar with the matter told Reuters this week.
U.S. underlying inflation stirring; labor market tightening
U.S. underlying consumer prices increased by the most in nearly 1-1/2 years in June amid solid gains in a range of goods and services, but that did not change expectations the Federal Reserve would cut interest rates this month.
Dow tops 27,000, healthcare in spotlight after Trump’s decision on rebate
U.S. stocks edged higher on Thursday on improved bets of an interest rate cut following Fed chief Jerome Powell’s dovish remarks, while healthcare stocks were mixed after the Trump administration withdrew a rule that would kill rebates.
FCA plans electric Fiat 500 for 2020 as moves on from Renault
Fiat Chrysler (FCA) plans to spend 700 million euros ($788 million) to take the Fiat 500 electric as the carmaker moves on from its failed $35 billion bid to merge with France’s Renault , a pioneer in electric vehicles.
Wall Street watchdog to boost transparency about using ‘cooperation’ for penalty reductions
Wall Street’s industry-funded watchdog on Thursday said it plans to be more transparent about its process for determining when a securities brokerage qualifies for a reduced penalty in exchange for so-called “extraordinary cooperation.”
Oil steadies on dim OPEC demand forecast after early jump on Gulf of Mexico storm
Oil prices eased off early gains on Thursday as OPEC forecast slower demand for its crude next year, but crude futures hovered at near the highest in more than a month as oil rigs in the Gulf of Mexico were evacuated ahead of a storm.
Stocks rise on firm rate-cut expectations though trade worries loom
A broad index of stocks around the world edged higher on Thursday as comments from Federal Reserve Chairman Jerome Powell bolstered expectations for an interest-rate cut, though concerns about global trade tensions capped gains.
T-Mobile-Sprint talks slow over Dish ownership: Wall Street Journal
Negotiations to complete the merger of T-Mobile US Inc and Sprint Corp are dragging on, as the parties haggle over ownership restrictions and other conditions for Dish Network Corp once it gets assets from the wireless companies, the Wall Street Jou…
Brazil cotton farmers sue Bayer over patent on GMO seed
Brazilian cotton producers in the state of Mato Grosso on Thursday sued Bayer AG , seeking to cancel the chemical company’s patent protection for its Bollgard II RR Flex genetically modified cotton seed, according to a statement sent to Reuters.
