Fox Business Briefs: German automaker BMW expands a recall issued in 2017 due to the possibility of an engine fire in some of its vehicles; New York state is set to allow food stamp recipients to purchase goods online.
Morning Business Outlook: Facebook now says millions of Instagram users' passwords were accidentally stored in a readable format on its servers, not tens of thousands as it previously thought; Amazon launches a free, ad-supported music streaming service available to Alexa users.
Rosecliff Capital founder Mike Murphy on the Zoom and Pinterest IPOs and the market impact from the Mueller report.
Fox Business Briefs: Some Chipotle app users are saying their accounts were hacked, claiming fraudulent orders totally hundreds of dollars while the company says they don't see any signs of a breach; Apple's recycling robot 'Daisy' will now disassemble used iPhones returned to Best Buy.
Trading volumes were near their lowest levels in 2019.
Morning Business Outlook: Barnes & Noble is offering a free download of the Mueller report by ordering it on a Nook tablet or through the Nook reading app; tech reviewers who have received the Galaxy Fold are reporting Samsung's new $2,000 smartphones are breaking.
Fox Business Briefs: Netflix posts record paid subscription growth but investors are concerned about weak guidance in both profit and new subscribers; U.S. economy may be firing on all cylinders but retailers announce that nearly 6,000 stores will close this year.
Morning Business Outlook: Planned mega-merger between major wireless carriers Sprint and T-Mobile put on hold as the U.S. Department of Justice is reportedly unlikely to allow the companies' proposed $26 billion deal to go forward as it's currently structured; Microsoft is coming out with a cheaper version of the Xbox One S, but removes the Blu-ray disc drive.
The Dow Jones Industrial Average slipped on falling shares of UnitedHealth and IBM, which missed its revenue target in the recently completed quarter.
Hiking the tax on carried interest capital gains would discourage entrepreneurs who invest their time, energy and expertise in American businesses.
Belpointe Chief Strategist David Nelson on how Americans could potentially benefit from President Trump's Opportunity Zones.
The traditionally Wall Street-focused investment bank is pivoting to the consumer market.
“I think he has room for improvement,” Buffett said. “And he would say the same thing.”
The proposal would fund free higher education at public institutions.
Also, Federal Reserve officials signaled confidence in the U.S. economy.
Morning Business Outlook: Ride-sharing company Lyft says new driver background checks will now be continuous; Starbucks is changing its rewards loyalty program, allowing members to earn rewards points sooner and use those points to get more free items in return.
Jumia Co-CEO Sacha Poignonnec tells FOX Business’ Gerri Willis that investors see the potential of the ecommerce startup’s business model and business in the continent of Africa.
Fox Business Briefs: American Airlines extending cancellations of Boeing 737 Max flights through August 19; Coca-Cola producing bottles shaped like droids exclusively for 'Star Wars: Galaxy's Edge' attractions at Disney Parks.
Trading revenue fell 18 percent to $3.61 billion in the period.
Morning Business Outlook: 'Game of Thrones' fans reported glitches in attempting to watch the final season's premiere episode on streaming services HBO Go and HBO Now; members of the armed services will now get 15 percent discounts every Monday at Kohl's stores.