MONEY (MSM)
World Wrestling Entertainment Inc. has severed ties with Hulk Hogan. The company deleted most references to Hogan on its website and issued a statement Friday saying it had terminated its contract with …
Yahoo Finance’s Midday Movers is live each weekday at 12pm ET, covering all the latest news on the markets, the economy and the biggest stories of the day.
Amazon blows away second-quarter estimates with sales that jumped 20 percent and earnings in the black.
Democratic presidential candidate Hillary Clinton will propose nearly doubling the U.S. capital gains tax rate on short-term investments to 39.6 percent, the Wall Street Journal reported Friday. A Clinton campaign official said the plan would affect investments held between one and two years, which are currently taxed at a 20 percent capital gains rate, the newspaper reported. Clinton, the front-runner for the Democratic Party’s nomination in the November 2016 election,
GENEVA/WASHINGTON (Reuters) – World Trade Organization (WTO) members met in Geneva on Friday trying to finalise a deal to cut tariffs on $1 trillion (£645 billion) of information technology products from video games to medical equipment. The United States said a deal had been struck, but WTO Director General Roberto Azevedo postponed a press conference at which he and the talks’ chairman, European Union Ambassador Angelos Pangratis, had been due
A federal appeals court has upheld the dismissal of litigation by Facebook Inc shareholders who accused Chief Executive Mark Zuckerberg and other officials of deceiving them about the social media company’s …
The deal — the biggest ever in the health insurance industry — comes three weeks after Aetna Inc agreed to buy Humana Inc for $37 billion and is part of an industry-wide consolidation following the roll-out of President Barack Obama’s healthcare law. Anthem and Cigna are two of just four major insurers that administer self-insured plans for major companies. The other two are UnitedHealth Group Inc and Aetna.
Japanese media reported Friday that automaker Mitsubishi Motors has decided to end production in the U.S. to focus on Asian markets. The company said that no decision has been made. Japan’s leading business …
China’s manufacturing slumped to a 15-month low in July in a fresh sign of deterioration in the world’s second biggest economy, a survey showed Friday. The manufacturing index based on a survey of factory …
The FIFA corruption crisis is hurting its search for new World Cup sponsors. Targeting almost $6 billion in revenue from the 2018 tournament, FIFA has not signed any new sponsors since last year’s World …