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The “Black Monday” market crash 30 years ago today was so bad hospital admissions spiked - Quartz

17 hours 16 min ago

Quartz

The “Black Monday” market crash 30 years ago today was so bad hospital admissions spiked
Quartz
Precisely 30 years ago today, on Oct. 19, 1987, stock markets around the world suffered one of their worst days ever, in what became known as Black Monday. After a long-running rally, the crash began in Asia, picked up steam in London and ultimately ...
30 years since Dow's Black Monday: The lethal cocktail of events that caused the crashMoneycontrol.com
30 years on: The Black Monday crashThe Sydney Morning Herald
30th Anniversary of Black Monday: Is a Resurgence Possible?Wall Street Daily
City A.M. -Hong Kong Standard (press release) -Nasdaq -Marketplace.org
all 31 news articles »

China stocks extend declines as growth slows; Nikkei aims at two-decade high - MarketWatch

19 hours 31 min ago

MarketWatch

China stocks extend declines as growth slows; Nikkei aims at two-decade high
MarketWatch
Chinese equities extended their declines after the nation reported slower growth in the third quarter, with markets there underperforming compared with broad gains across the Asia-Pacific region. Data released Thursday showed China's economic expansion ...
Asian shares trade mixed after China GDP meets expectationsCNBC
Asian Shares Mixed As Chinese Growth SlowsNasdaq
China third quarter growth meets expectations at 6.8%BBC News
Seeking Alpha -Irish Times -Economic Times -ABC Online
all 86 news articles »

Blue Apron Is Laying Off Hundreds of Workers After a Tough Few Months - Fortune

Wed, 10/18/2017 - 18:42

Fortune

Blue Apron Is Laying Off Hundreds of Workers After a Tough Few Months
Fortune
Vegetables from a Blue Apron Holdings Inc. meal-kit delivery are arranged for a photograph in Tiskilwa, Ill. on June 14, 2017. Dan Acker—Bloomberg/Getty Images. It disclosed Wednesday in a regulatory filing that it would layoff 6% of its workforce.
Blue Apron is laying off hundreds of employeesTechCrunch
Blue Apron is laying off hundreds of workersBusiness Insider
Blue Apron Says It Cut 6% of Workforce for 'Future Growth'Bloomberg
GeekWire -CNBC -CNNMoney -Recode
all 38 news articles »

US FDA approves Gilead cancer gene therapy; price set at $373000 - Reuters

Wed, 10/18/2017 - 16:16

Chicago Tribune

US FDA approves Gilead cancer gene therapy; price set at $373000
Reuters
(Reuters) - U.S. regulators approved on Wednesday a new therapy for a type of lymphoma, which was developed by Gilead Science Inc's Kite Pharma, marking the second approval for this potentially revolutionary approach to fighting cancer. FILE PHOTO: ...
FDA Blesses 2nd CAR-T Cell Therapy, NVO One Step Away From Approval, AKTX SlumpsNasdaq
FDA Approval Of Gilead CAR-T Therapy Will Move The NeedleSeeking Alpha
These 5 Top Stocks Are Moving Late On News: S&P 500 FuturesInvestor's Business Daily
Business Insider -Wall Street Journal -Quartz -CNBC
all 39 news articles »

In Amazon Bid, New York Brags About, Well, Everything - New York Times

Wed, 10/18/2017 - 14:36

New York Times

In Amazon Bid, New York Brags About, Well, Everything
New York Times
Manhattan's West Side is one of the neighborhoods that New York City is pushing as a possible location for Amazon's second headquarters. Credit Edward Caruso for The New York Times. The Empire State Building, 4 Times Square, 1 World Trade Center ...
This Is What Really Happens When Amazon Comes to Your TownPolitico
On Amazon and the Tech MonopoliesNational Review
Amazon HQ2: Mayors from 7 major North American cities give us their pitches as RFP deadline loomsGeekWire
Los Angeles Times -Seattle Times -Chicago Tribune -TIME
all 295 news articles »

Former GE CEO Jeff Immelt used to have an empty private jet fly next to his — just in case there were delays - Business Insider

Wed, 10/18/2017 - 13:56

Business Insider

Former GE CEO Jeff Immelt used to have an empty private jet fly next to his — just in case there were delays
Business Insider
The former GE CEO used to have an empty private plane follow his own on trips, the Wall Street Journal's Thomas Gryta and Joann S. Lublin report in a story about the new CEO's cost cutting efforts. The extra jet was meant as a spare in case the primary ...
Former GE CEO Immelt reportedly used two corporate jets on some tripsCNBC
GE's New Chief Makes Cuts, Starting With Old FavoritesWall Street Journal

all 5 news articles »

SeaWorld Cuts 350 Positions, Plans to Boost Marketing Spending - Bloomberg

Wed, 10/18/2017 - 13:33

Bloomberg

SeaWorld Cuts 350 Positions, Plans to Boost Marketing Spending
Bloomberg
SeaWorld Entertainment Inc. is eliminating 350 jobs and taking a $5.1 million charge as the theme-park operator continues to battle sluggish attendance. The layoffs will be completed by the close of the fourth quarter, the Orlando, Florida-based ...
SeaWorld is laying off 350 workers as attendance wanesCNNMoney
SeaWorld cuts about 350 jobs as it aims to boost attendanceCNBC
Sea World, fallen on hard times since “Blackfish,” will lay off 350 employeesQuartz
Orlando Sentinel -fox5sandiego.com -KTLA
all 9 news articles »

eBay is having a pretty bad day - TechCrunch

Wed, 10/18/2017 - 13:02

TechCrunch

eBay is having a pretty bad day
TechCrunch
eBay is not having a great afternoon after posting a pretty ho-hum third quarter that fit roughly in line with analyst estimates, but perhaps not seeing the kinds of leaps that Wall Street is looking for heading into the fourth quarter. The company ...
EBay Projects Holiday Profit That Falls Short of ExpectationBloomberg
eBay, Inc.'s Light Earnings Guidance Overshadows a Strong QuarterMotley Fool
eBay's Q3 narrowly beats expectationsZDNet
Wall Street Journal -TheStreet.com -Seeking Alpha -Investor's Business Daily
all 37 news articles »

AmEx CEO Chenault to Exit, Succeeded by Vice Chairman Squeri - Bloomberg

Wed, 10/18/2017 - 12:48

Bloomberg

AmEx CEO Chenault to Exit, Succeeded by Vice Chairman Squeri
Bloomberg
American Express Co. Chief Executive Officer Kenneth Chenault is stepping down after 16 years running the credit-card lender and will be replaced by Steve Squeri. Chenault, 66, will stay on until Feb. 1, the New York-based firm said Wednesday in a ...
American Express CEO Kenneth Chenault to Retire Next YearU.S. News & World Report
The Retirement of Amex's Ken Chenault Means Just 3 CEOs on the Fortune 500 Are BlackFortune
American Express CEO Ken Chenault to Step DownNew York Times
CNNMoney -Business Insider -Wall Street Journal -CNBC
all 95 news articles »

Author of Trump's tax plan says math forced him to give big cuts to the rich - ThinkProgress

Wed, 10/18/2017 - 12:15

ThinkProgress

Author of Trump's tax plan says math forced him to give big cuts to the rich
ThinkProgress
Treasury Secretary Steven Mnuchin acknowledged Wednesday that the GOP tax plan will ultimately benefit wealthy people. During an appearance on the Politico Money podcast, Mnuchin said it is difficult not to create a tax plan wherein wealthy individuals ...
Treasury secretary: Pass a tax bill or markets will tankPolitico

all 59 news articles »

SeaWorld cuts 350 jobs in latest round of layoffs - fox5sandiego.com

Wed, 10/18/2017 - 11:53

fox5sandiego.com

SeaWorld cuts 350 jobs in latest round of layoffs
fox5sandiego.com
SeaWorld is building its first park outside the United States. And it won't have any killer whales. The company has struck a deal with Miral Asset Management to develop the park in Abu Dhabi, the capital of the United Arab Emirates. It should open its ...

and more »

Tesla: Supercharger Advantage Is Evaporating. - Seeking Alpha

Wed, 10/18/2017 - 08:57

Seeking Alpha

Tesla: Supercharger Advantage Is Evaporating.
Seeking Alpha
China is at the front of a wave of new EV charging stations coming online by 2020. A new standard charging plug design has forced Tesla to modify new Models S and X vehicles for Chinese export. In recent articles, from both outside and within SA ...
Tesla Model 3 Supercharging Costs — More Info, Low CostsCleanTechnica
Tesla, Inc.'s Model 3 Won't Get Any Free SuperchargingMadison.com
The Embarrassing Problem Holding Back Tesla's Model 3 ProductionOilPrice.com (blog)
CarAdvice (blog)
all 83 news articles »

Chipotle Labor Costs Could Be the Issue That Sinks It, Jim Cramer Says - TheStreet.com

Wed, 10/18/2017 - 08:50

TheStreet.com

Chipotle Labor Costs Could Be the Issue That Sinks It, Jim Cramer Says
TheStreet.com
Bank of America/Merrill Lynch analysts say 2018 earnings could come under pressure thanks to rising labor costs. ByBret Kenwell. Oct 18, 2017 12:48 PM EDT. Take your pick, Wednesday, as there's a whole host of negative headlines and analyst actions to ...

and more »

Dow rises 160 points to close above 23000 for the first time as IBM posts best day since 2009 - CNBC

Wed, 10/18/2017 - 08:37

CNBC

Dow rises 160 points to close above 23000 for the first time as IBM posts best day since 2009
CNBC
The Dow also closed above 23,000 for the first time on Wednesday. The index first broke above 23,000 on Tuesday, but closed just below the mark. Fred Imbert | @foimbert. Published 10 Hours Ago Updated 3 Hours Ago CNBC.com. SHARES. show chapters.
Dow closes above 23000 as stock indexes set new highsLos Angeles Times
Record Highs for Major US Stock Indexes; Dow Passes 23000U.S. News & World Report
Dow ends at 23000 for the first time, as all stock benchmarks log fresh recordsMarketWatch
Barron's -Nasdaq -BBC News -Minneapolis Star Tribune
all 342 news articles »

Ford to recall 1.34 million trucks in North America for door latch fix - Reuters

Wed, 10/18/2017 - 07:56

Reuters

Ford to recall 1.34 million trucks in North America for door latch fix
Reuters
WASHINGTON (Reuters) - Ford Motor Co said on Wednesday it would recall 1.34 million 2015-17 Ford F-150 and 2017 Ford Super Duty trucks in North America to add water shields to side door latches at a cost of $267 million. FILE PHOTO: An airplane flies ...
Ford recalling 1.3 million F-series pickupsCNNMoney
Ford to Recall About 1.3 Million Trucks in North America for Door Latch FixU.S. News & World Report
Ford to Take $267 Million Hit From Recall of F-Series TrucksBloomberg
Detroit Free Press -Sacramento Bee -Forbes -WSBT-TV
all 90 news articles »

2 Senators Strike Deal on Health Subsidies That Trump Cut Off - New York Times

Tue, 10/17/2017 - 15:21

New York Times

2 Senators Strike Deal on Health Subsidies That Trump Cut Off
New York Times
Senators Patty Murray and Lamar Alexander during a hearing of the Senate Committee on Health, Education, Labor and Pensions in Washington last month. Credit Pete Marovich for The New York Times. WASHINGTON — Two leading senators, hoping to ...

and more »

Faber says US wouldn't have made as much 'progress' if colonized by blacks - MarketWatch

Tue, 10/17/2017 - 10:31

MarketWatch

Faber says US wouldn't have made as much 'progress' if colonized by blacks
MarketWatch
Swiss investor Marc Faber has doubled down on racially charged remarks he made in an October newsletter, suggesting that the U.S. would be in a qualitatively different state if it had been colonized by black people instead of whites. “I am not saying ...
Investor Marc Faber stands by racist remarks as corporate boards cut tiesThe Globe and Mail
Wall Street investor: 'Thank God' white people populated AmericaThe Grio
'Thank God white people populated America': Investor Marc Faber faces backlash over race commentsThe Sydney Morning Herald
CNBC
all 92 news articles »

UK Inflation Climbs to 5 1/2-Year High on Food, Transport - Bloomberg

Tue, 10/17/2017 - 00:56

Bloomberg

UK Inflation Climbs to 5 1/2-Year High on Food, Transport
Bloomberg
U.K. inflation climbed to its highest rate in more than five years in September, boosted by the cost of food and transport. Consumer prices rose 3 percent from a year earlier, the fastest pace since April 2012 and up from 2.9 percent in August, the ...
Inflation hits 3% for the first time in 5 years as Brexit continues to biteBusiness Insider
Bank of England's Ramsden says sees little inflation risk from payReuters
European Stocks Edge Lower as Rising UK Inflation Raises Prospects of Rate Hike in BritainNasdaq
BBC News -Fox Business -Independent.ie -The Guardian
all 103 news articles »

Airbus Tie-Up With Bombardier Is Test for China's Ambitions - Bloomberg

Tue, 10/17/2017 - 00:35

Bloomberg

Airbus Tie-Up With Bombardier Is Test for China's Ambitions
Bloomberg
Airbus SE's agreement to buy a majority stake in Bombardier Inc.'s C Series passenger jet program not only injects critical financial support and expertise into the project, but also puts China's aircraft-selling ambitions to the test. Potential buyers ...
Airbus takes control of Bombardier jet Boeing tried to killCNNMoney
Bombardier Inc. to partner with Airbus on C Series programWashington Post
Airbus Takes Majority Stake in Bombardier's C-Series Jet ProgramTheStreet.com
New York Daily News -Yahoo Finance -Standard-Examiner -Financial Times
all 178 news articles »