Business

Business

US-China trade talks break up without breakthrough

US-China-Trade Tension

WASHINGTON (AP) — U.S. and Chinese officials on Wednesday wrapped up high-level talks without announcing any breakthroughs on the contentious economic issues that divide them. The daylong talks at the Treasury Department began with prickly comments from both sides. Chinese Vice Premier Wang Yang...


Business

The TV network mashup that could bring you 'Flipper or Flop'

(c) 2017, The Washington Post. Discovery Communications and Scripps Networks shares were climbing Wednesday on reports that the companies are considering a merger as they grapple with a rapidly changing media landscape in the Internet era. Shares of Silver Spring, Maryland-based Discovery were up 3....


Business

Apple wants to change the way doctors and patients talk to each other - by giving

(c) 2017, The Washington Post. LOS ANGELES - Awad Lsallum has been waiting for a heart for 40 days at Cedars-Sinai Medical Center in Los Angeles. One of the worst parts of a long hospital stay, he said, can be not having a clear picture of what your situation is, or even who is taking care of you...


Business

The subtle war that's dividing Netflix, Amazon

(c) 2017, The Washington Post. To outsiders, both Amazon and Netflix are major streaming players armed with massive budgets and high ambitions to make their mark in Hollywood. But their battle for power and prestige in the movie business highlights clashing approaches to delivering films to...


Business

AP-NORC poll: Negotiate on 'Obamacare,' don't just kill it

Health Overhaul Poll

WASHINGTON (AP) — Americans overwhelmingly want lawmakers of both parties to work out health care changes, with only 13 percent supporting Republican moves to repeal “Obamacare” absent a replacement, according to a new poll. Although a deep partisan divide endures over the 2010 Affordable Care Act,...


Business

Congressional Budget Office: GOP repeal of Obama health law without replacement means 32

WASHINGTON (AP) — Congressional Budget Office: GOP repeal of Obama health law without replacement means 32 million more uninsured by 2026.


Business

Financial Markets Glance

Dow Jones Industrials High: 21,640.75 Low: 21,565.84 Close: 21,640.75 Change: +66.02 Other Indexes Standard&Poors 500 Index: 2473.83 +13.22 NYSE Index: 11,941.35 +63.94 Nasdaq Composite Index: 6385.04 +40.73 NYSE MKT Composite: 2578.57 +38.85 Russell 2000 Index: 1441.77 +14.16 Wilshire 5000...


Business

Stocks rise as S&P 500, Nasdaq top records again

(c) 2017, Bloomberg News. Stocks surged Wednesday on earnings strength, with the S&P 500 index and Nasdaq Composite index hitting records for a second straight day. The euro retraced some recent gains as European policy makers gathered in Frankfurt before Thursday’s decision on interest rates. Oil...


Business

IBM's sales have been sliding for 5 years. It's optimistic anyway.

(c) 2017, The Washington Post. IBM announced its financial results for the second quarter on Wednesday, and it’s safe to say the company has had happier statements. Year-over-year sales declined for the 21st consecutive quarter, off by more than 4 percent from analysts’ forecasts. For the three-...


Business

Stock-broker industry enters the twilight years: Barry Ritholtz

(c) 2017, Bloomberg View. I begin today’s column with a mea culpa: I have been expecting the imminent death of the brokerage industry for about 20 years. This is something I have been dead wrong about. Since the mid-1990s, I have been astonished by the idea that anyone would ever buy stocks over...


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