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.
Stocks up on IPOs, retail sales, gains of industrial firm shares
Trading volumes were near their lowest levels in 2019.
Barnes & Noble offers Mueller report deal; bad news for Samsung's latest smartphone
Morning Business Outlook: Barnes & Noble is offering a free download of the Mueller report; tech reviewers are reporting Samsung's new Galaxy Fold is breaking.
Netflix sees record subscription growth; retail apocalypse continues
Netflix posts record paid subscription growth but investors are concerned about weak second quarter guidance in new subscribers; U.S. retailers announce that nearly 6,000 stores will close this year.
Sprint, T-Mobile merger reportedly put on hold; Microsoft launches new Xbox One S
Morning Business Outlook: Planned mega-merger between major wireless carriers Sprint and T-Mobile is reportedly put on hold; Microsoft is coming out with a cheaper version of the Xbox One S.
Stocks caught between corporate struggles, strong China GDP
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 is a lose, lose, lose
Hiking the tax on carried interest capital gains would discourage entrepreneurs who invest their time, energy and expertise in American businesses.
The potential investments in Trump's Opportunity Zones
Opportunity Zones in focus
Wall Street giant Goldman Sachs seeks to reinvent itself as earnings slow
The traditionally Wall Street-focused investment bank is pivoting to the consumer market.
Bernie Sanders wants to impose a Wall Street speculation tax: What to know
The proposal would fund free higher education at public institutions.
Stocks up despite health care company worries
Also, Federal Reserve officials signaled confidence in the U.S. economy.
Lyft rolls out new safety measures; changes to Starbucks Rewards loyalty program
Morning Business Outlook: Ride-sharing company Lyft says new driver background checks will now be continuous; Starbucks is changing its rewards loyalty program.
Jumia makes history at the New York Stock Exchange
First African tech startup to list on NYSE
More fallout from Boeing 737 Max jet groundings; Disney and Coca-Cola team up for 'Star Wars'
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.
Profits sink at Goldman Sachs in 1Q as trading slows
Trading revenue fell 18 percent to $3.61 billion in the period.
Beginning of the end for 'Game of Thrones' on HBO; Kohl's offers military discount
'Game of Thrones' fans reported glitches in attempting to watch the final season's premiere episode; members of the armed services will now get 15 percent discounts every Monday at Kohl's stores.
Russia’s Rusal makes $200 million Kentucky aluminum investment
The deal is the first U.S. investment for Rusal since the resolution of a sanctions dispute with the White House.
Jumia makes history as first African unicorn to hit Wall Street
Jumia, Africa’s largest e-commerce company, made history on Friday as the first African tech startup to list on the New York Stock Exchange.
Major milestone for Elon Musk's SpaceX; Stop & Shop workers walk out
Fox Business Briefs: Elon Musk's SpaceX marks its first commercial launch with the company's Falcon Heavy rocket; workers at Stop & Shop supermarkets walk off the job over stalled contract talks.
Disney unveils details of its new streaming service; Southwest Airlines grounds Boeing 737 Max jets
Disney unveils details of its new streaming service, Disney+, including launch date and cost; Southwest Airlines says it will be removing its 34 Boeing 737 Max jets from its flying schedule.
Disney to provide post-Fox merger outlook, detail new streaming service
The entertainment giant holds its first major investor meeting after closing the $71.3 billion deal.