Business > Technology

Markets Right Now: Mixed open of stocks on Wall Street

11 days ago   |   By

NEW YORK - The latest on developments in financial markets :
9:35 a.m.
Stocks are little changed in early trading on Wall Street, a day after the market set its latest record high.
Technology companies and banks fell more than the rest of the market early Wednesday.
Apple fell 1.1 per cent in the first few minutes of trading, a day after announcing its latest lineup of iPhones. Northern Trust fell 2.9 per cent.
The Standard & Poor's 500 index fell 2 points, or 0.1 per cent, to 2,494.
The Dow Jones industrial average was little changed at 22,118. The Nasdaq composite fell 13 points, or 0.2...
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Public pressure forces Equifax to drop credit-freeze fees as new lawsuits mount

11 days ago   |   By

NEW YORK - Equifax faces new lawsuits and is trying to make new gestures to customers in the wake of its disclosure last week that it exposed vital data like Social Security numbers of about 143 million Americans.
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Trending at New York Fashion Week: Lots of Pittsburgh connections

11 days ago   |   By

NEW YORK - Beyond the garments and glamour, Pittsburgh connections are trending this season at New York Fashion Week.
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Centene Will Buy Fidelis Care for $3.75 Billion to Enter New York State

11 days ago   |   By

Publicly-traded health insurer Centene announced late Tuesday that it would buy privately-held Fidelis Care for $3.75 billion.
The deal allows Centene to enter New York State, the second largest managed care state in the U.S., and expand its government-sponsored healthcare coverage. Fidelis Care serves more than 1.6 million members and totaled $4.8 billion in revenue for the first six months of 2017. Together, the companies serve almost 14 million people.
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The acquisition also gives Centene a leading position in America's four...
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Comcast to launch new platform in push for business customers

11 days ago   |   By

NEW YORK - 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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General Counsel in Manufacturing Sector Face Rapidly Shifting Role

11 days ago   |   By

NEW YORK -Many of Europe's top manufacturing companies are expanding into new geographical markets in search of fresh business models and revenue streams. Meanwhile, we are all living through the age of disruption, both technological and geopolitical. These global upheavals are having a profound impact on the role [...]
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Centene to buy Fidelis Care for $3.75 billion to enter New York

11 days ago   |   By

Health insurer Centene said it would buy privately held Fidelis Care for $3.75 billion to enter New York, the second largest managed care state by membership in the U.S.
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How Ray Dalio Built the World's Biggest Hedge Fund

How Ray Dalio Built the World's Biggest Hedge Fund

11 days ago   |   By

In 1975, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in New York City. Today, Bridgewater is the world's largest hedge fund, managing some $160 billion for more than 350 institutional clients such as pension funds and university endowments. That growth has been driven by performance: Over the past four decades, the firm has made more money for its investors than any other hedge fund in history-nearly $50 billion through last year, according to Bloomberg. Dalio himself has become one of the 100 richest people in the world.
Bridgewater has also developed a...
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Music Industry Veteran Lou Mann Joins VNUE, Inc. as Executive Vice President

Music Industry Veteran Lou Mann Joins VNUE, Inc. as Executive Vice President

11 days ago   |   By

PRESS RELEASE: NEW YORK--September 13, 2017-
VNUE, Inc., the global leader in recording live events and releasing experiential content to fans, announced today the addition of music industry veteran Lou Mann to its executive team as Executive Vice President. Mann, a former Executive Vice President and General Manager of Capitol Records, as well as president of Media Properties for House of Blues , brings a wealth of knowledge and experience to VNUE.
This Smart News Release features multimedia. View the full release here
Lou Mann, Executive Vice President, VNUE, Inc.
VNUE provides...
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Centene up sharply after $3.75B acquisition of Fidelis in NY

11 days ago   |   By

Shares of Centene are up sharply before the opening bell after the Medicaid coverage provider said it will expand into New York through a $3.75 billion acquisition of Fidelis Care....
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Judge to hear arguments on whether to lock up Pharma Bro

12 days ago   |   By

NEW YORK - A judge is set to hear arguments about whether the provocative online antics of former pharmaceuticals company CEO Martin Shkreli are bad enough to put him behind bars. The hearing before U.S. District Judge Kiyo Matsumoto on a government demand to revoke the convicted Shkreli's bail was scheduled for Wednesday in federal court in Brooklyn.
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Bruce Springsteen, Amy Schumer, SpongeBob are Broadway fall stars

12 days ago   |   By

A vibrant and star-studded lineup of shows accompany New York's fall colors.
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How Ray Dalio Built the World's Biggest Hedge Fund

How Ray Dalio Built the World's Biggest Hedge Fund

12 days ago   |   By

In 1975, Ray Dalio founded Bridgewater Associates out of his two-bedroom apartment in New York City. Today, Bridgewater is the world's largest hedge fund, managing some $160 billion for more than 350 institutional clients such as pension funds and university endowments. That growth has been driven by performance: Over the past four decades, the firm has made more money for its investors than any other hedge fund in history-nearly $50 billion through last year, according to Bloomberg. Dalio himself has become one of the 100 richest people in the world.
Bridgewater has also developed a...
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New York Today: New York Today: Tips to Take Away From Fashion Week

12 days ago   |   By

Wednesday: Style advice from designers, the Brooklyn Book Festival and “One Film, One New York.”
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Kushner reportedly used a private email address to communicate with top...

Kushner reportedly used a private email address to communicate with top White House officials

Jared Kushner, President Donald Trump's senior adviser and son-in-law, set up a private email address last December and has been using it to discuss official government... Read more ...

‘Foreseeable result': German poll outcome & rise of AfD were predictable...

‘Foreseeable result': German poll outcome & rise of AfD were predictable, say Russian MPs

The victory of the ruling CDU/CSU bloc in Germany's parliamentary polls and the strong performance of the AfD can be explained by the economic and migrant crisis in Europe... Read more ...

The euro dips after far-right exceed expectations in the German elections

The euro dips after far-right exceed expectations in the German elections

LONDON - The value of the euro dipped slightly on Monday morning following the surprise results of Sunday's elections in Germany. Chancellor Angela Merkel secured a fourth... Read more ...

Sadiq Khan says Donald Trump's language on Muslims is similar to ISIS

Sadiq Khan says Donald Trump's language on Muslims is similar to ISIS

LONDON - Sadiq Khan has accused Donald Trump of aping ISIS with his divisive anti-Muslim rhetoric. The Mayor of London said the US president is "playing their game" by using a... Read more ...

SAP to buy customer identity software company Gigya

SAP to buy customer identity software company Gigya

SAP, Europe's biggest technology company, has agreed to buy U.S.-Israeli customer identity software company Gigya to strengthen its position in the booming market for online... Read more ...

RBS is so worried about UK consumer debt that it is delaying launching a new...

RBS is so worried about UK consumer debt that it is delaying launching a new low-interest credit card

LONDON - Royal Bank of Scotland has delayed the launch of a new low-interest rate credit card, citing worries about ballooning consumer debts in the UK. RBS, which is almost... Read more ...

Jared Kushner used private email account for some White House business

Jared Kushner used private email account for some White House business

President Donald Trump's son-in-law and senior adviser Jared Kushner has used a private email account to conduct and discuss official White House business dozens of times, his... Read more ...

Hooksett family creates bank account to help Dominica

Hooksett family creates bank account to help Dominica

A Hooksett family is raising money to help the people of Dominica, the small Caribbean island also by Hurricane Maria. Read more ...

Dragon Front VR card game gets Facebook Gameroom 2D support

Dragon Front VR card game gets Facebook Gameroom 2D support

Collectible card game Dragon Front from High Voltage Software was one of the first games to offer VR cross-play support from Gear VR headsets to the Oculus Rift, so that... Read more ...

Facebook reportedly discovered it had been infiltrated by Russian government...

Facebook reportedly discovered it had been infiltrated by Russian government hackers months before the election

Members of a hacking group connected to Russia's military intelligence unit, the GRU, began creating fake Facebook accounts to amplify stolen emails as early as June 2016... Read more ...