MONEY (MSM)
Windows 10, launched in July, is part of Microsoft’s push to win a bigger share of the market for tablets and smartphones, now dominated by Apple Inc and South Korea’s Samsung Electronics Co Ltd. Microsoft unveiled two phones, the Lumia 950 and 950XL, with prices starting at $549 and $649 respectively staring in November. The Lumia 950 includes a 5.2-inch display and a hexacore processor, while the larger Lumia 950
Freeport-McMoRan said Tuesday that it is considering spinning off its oil and gas business and other strategic alternative to focus on its copper mining business. The Phoenix company produces oil and natural …
All the upwards activity has brought out a few market bulls, most notably Citigroup analysts led by Robert Buckland who are now urging investors to screw their courage to the sticking place and stick some money into stocks.
After a five-day winning streak, stocks have put some distance between the S&P 500 and its August low, while finally lowering the pitch of investor fear, if not dispelling confusion.
South Carolina’s losses from the floods will easily top $1 billion, but the issue for the government is that most of it will be uninsured.
The U.S. trade deficit jumped sharply in August as exports fell to the lowest level in nearly three years while imports increased, led by a surge in shipments of cellphones from China. The deficit increased …
Oil markets are beginning to recover but the scale of global oversupply means prices may rise only slowly, the chief executive of Royal Dutch Shell Plc (RDSa.L) said on Tuesday. “I see the first mixed signs for recovery of oil prices,” Ben van Beurden told an oil industry conference in London. “But with U.S. shale oil being more resilient than we originally thought and a lot of oil still in
LONDON—The Organization of the Petroleum Exporting Countries is worried about its public image. Over the past year, OPEC officials have fretted over legal attacks on the group, wondered whether they should engage in social media and pushed for better relations with Asian consumers, according to internal reports viewed by The Wall Street Journal. OPEC doesn’t have a Twitter or Facebook account that it regularly uses to distribute information.
World stocks jumped on Monday on expectations that U.S. interest rates aren’t likely to rise soon, while oil prices surged after Russia said it was ready to meet with other producers to discuss the market. Oil prices jumped along with copper and gold, lifting U.S. materials and energy shares. It was last up 0.1 percent at 95.89, with gains limited as traders bet the Federal Reserve may delay raising interest
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