White House touts plan to provide $1K investment accounts for newborns
White House to host event with CEOs to promote "Trump Accounts" policy giving newborn U.S. citizens $1,000 investment funds for education, housing and business expenses.
Target offers same-day delivery; are allowances becoming a thing of the past?
Morning Business Outlook: Target now offering same-day delivery on thousands of items for $.99 per order; new poll finds only 40 percent of parents give their children an allowance.
US stocks rise, oil surges on tanker attacks
All three major averages are on pace for their second straight week of gains.
Amazon to end its restaurant delivery service; sales of Boeings top selling plane nosedive
Fox Business Briefs: Amazon is pulling the plug on its food devilery service due to stiff competition from companies like Grub Hub and Uber Eats. Boeing says delivers of its top selling plane have fallen 56 percent.
Harvard offers $12K class for wealthy millennials to learn to invest for good
The program targets young people who are coming into family wealth.
The case for why Beyond Meat is not a bubble
Beyond Meat bubble?
John Legend joins forces with Pampers; Kroger hops on the CBD bandwagon
Morning Business Outlook: Pampers teams up with John Legend for a campaign to install 5,000 baby changing tables in men's restrooms across the U.S.; Kroger will begin to sell CBD products.
Stocks lower on trade worries, interest rate concerns
In economic news, the consumer price index edged up 0.1 percent in May, the cost of food was offset by cheaper gasoline, the government said.
Activist investor Bill Ackman opposes Raytheon-United Technologies merger
Ackman cited the volatility of the Pentagon's annual budget as a top concern over the tie-up.
Uber's plan for aerial ridesharing takes flight
Fox Business Briefs: Uber is developing shared air transportation between suburbs and cities -- and ultimately within cities. It wants to launch the service in 2023, starting in Dallas and Los Angeles.
Amazon expands credit card services; Kraft wants kids to eat their veggies
Amazon announces credit card designed specifically for customers who have bad or no credit; Kraft's new product disguises ranch dressing in a frosting container to help kids to eat their veggies.
Dow snaps six-day winning streak
Crude oil prices and the yield on the 10-Treasury closed relatively unchanged: $53.28 per barrel and 2.15 percent, respectively.
Intel's battle over retirement funds headed to Supreme Court
The plaintiff argued the company made investment decisions that cost beneficiaries hundreds of millions of dollars.
Major merger in the aerospace defense industry; Krispy Kreme plans flagship store in NYC
Fox Business Briefs: United Technologies makes an all-stock offer to merge with Raytheon; Krispy Kreme plans to open a flagship store in Times Square in early 2020.
Lana Jewelry’s success and the founder's search for the perfect gold hoop earrings
In just the past two years, Lana Jewelry's business has doubled to the double-digit millions.
American Airlines extends Boeing 737 Max cancellations; the secret life of pet parents
American Airlines is extending cancellations of Boeing 737 Max flights; new survey shows more than half of pet owners admit lying to their employers about taking their animals to the vet.
US stocks up as Trump withdraws threat of Mexico tariffs
The Dow Jones Industrial Average has now been up six days, it's longest winning streak in 13 months.
The two stocks on investors should put on their radar
Two stocks to watch
IBM announces layoffs; Walmart will deliver groceries straight into your fridge
Fox Business Briefs: Tech giant IBM announces over 1,000 employees will be losing their jobs; Walmart will begin delivering groceries straight into your refrigerator when you aren't home.
War against robocalls wages on; swap your smartphone for a flip phone and earn $1,000
Morning Business Outlook: FCC passes a ruling that will allow phone companies to block spam calls by default; one company wants to pay you $1,000 to swap your smartphone for a flip phone.
Dow tops 26,000 on Chinese tariff delay, rate cut hopes
After six down weeks for the Dow, and four in a row for the S&P 500 and Nasdaq, the major averages were finally on pace for some solid gains this week.