Business news

• 'Shark stepping on a Lego' photo goes viral; here's the real story

  03-10-2016 23:46 via cnet.com
  
  A toothy tweet takes a bite out of social media, but did you known the photo was taken by a shark-attack survivor?
  
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• Bill Belichick spikes Microsoft Surface, Patriots still lose

  03-10-2016 23:43 via cnet.com
  
  Technically Incorrect: In a fit of rage, the Patriots head coach smashes his Surface. It's unlikely to be available for next week's game.
  
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• The inevitable and inescapable rise of robocalls

  03-10-2016 23:39 via techrepublic.com
  
  Though federal regulation tried to dial back automated phone marketing, during the 2016 campaign American voters have been battered by literally billions of unsolicited calls.
  
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• JPMorgan aims global bond index at yield-hungry investors

  03-10-2016 23:36 via news.yahoo.com
  
  The index is called the JPM GBI aggregate diversified fund and is made up of both investment grade and high yield bonds, with an allocation of 80 percent developed market and 20 percent emerging market bonds. Global bond indexes typically only comprise about 2 to 4 percent emerging market bonds because certain countries are excluded based on credit ratings. JPMorgan said the new index is 94 percent comprised of investment grade credits with an average index rating of Aa3/AA-/AA- by Moody’s
  
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• Facebook might open new data center in Denmark

  03-10-2016 23:27 via cnet.com
  
  This could be the social media giant's third server facility in Europe.
  
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• Microsoft Band out of fitness race this year, may not return

  03-10-2016 23:26 via cnet.com
  
  The company says there are no plans to introduce a new Microsoft Band fitness device this year.
  
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• Amazon anuncia los cinco latinos finalistas de su concurso de libros 2016

  03-10-2016 23:26 via cnet.com
  
  Los finalistas en la tercera edición del Concurso Literario de Autores 'Indie' en español provienen de México, España y Argentina. El ganador recibe US$5,000, la publicación de su libro en múltiple formatos y su traducción al inglés.
  
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• Canadian vehicle sales down 0.5% in September, but up for year to date

  03-10-2016 23:16 via cbc.ca
  
  DesRosiers Automotive Consultants says sales of light trucks were up 3.5 per cent in September from last year, while sales of cars were down more than seven per cent.
  
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• Ford Canada gains, Fiat Chrysler drops on pickup sales

  03-10-2016 23:15 via news.yahoo.com
  
  TORONTO (Reuters) - Ford Motor Co and General Motors Co reported higher September vehicle sales in Canada on Monday, boosted by strong pickup sales, as Fiat Chrysler sales plunged 18 percent, hurt in part by a sharp drop in Ram pickup deliveries. Fiat Chrysler's Ram pickup sales dropped 23 percent to 6,655 trucks, and Dodge brand sales were down 9 percent. Overall, Fiat Chrysler sales dropped to 19,639 vehicles from 23,979. Meanwhile, Ford's Canadian sales rose 6.9 percent to 30,170 vehicles eve
  
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• Crazy parent helmet puts kids in control of piggyback rides

  03-10-2016 23:14 via cnet.com
  
  Piggyback rides get a tech twist with some oddball headgear equipped with handlebars, turn signals and a horn.
  
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• Apple Maps now shows Amtrak train routes across the country

  03-10-2016 23:13 via cnet.com
  
  Amtrak rail schedules are now included as an option (along with subways, buses and ferries) if your Apple Maps itinerary is in the path of a relevant train.
  
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• Successful Blue Origin rocket test might include an explosion

  03-10-2016 22:53 via cnet.com
  
  Jeff Bezos' rocket company will test a system that would keep crew safe in the event of a bad rocket booster. By design, the booster isn't likely to survive. You can watch it live Wednesday.
  
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• Storage management software: The smart person's guide

  03-10-2016 22:43 via techrepublic.com
  
  Storage management software is complicated. Read this guide in which we attempt to explain it simply.
  
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• Wall Street dips in slow start to fourth quarter

  03-10-2016 22:36 via news.yahoo.com
  
  Major indexes have bounced between gains and losses in the past few days, with investors nervous about the outcome of a tight race for the White House ahead of the Nov. 8 election. Big banks extended recent declines as investors worried about the stability of Deutsche Bank and also Wells Fargo & Co’s handling of sales abuses. “The feeling is there will be a negotiation lowering that penalty but it’s certainly a bit of an overhang on the overall market,” said Tim Ghris
  
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• How to add users to shares with the TurnKey Linux FileServer appliance

  03-10-2016 22:32 via techrepublic.com
  
  For a quick, easy, and free file-sharing appliance, look no further than TurnKey Linux. Learn how to set up users and add them to shares.
  
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• Bass Pro Shops hooks Cabela's in $5.5 bln deal

  03-10-2016 22:31 via news.yahoo.com
  
  Bass Pro Shops said on Monday it will acquire Cabela's Inc for $5.5 billion, combining two meccas for outdoor enthusiasts, even as the deal may face antitrust scrutiny given that the hunting and fishing retailers overlap in several U.S. states. The deal, first reported by Reuters, will combine Cabela's 85 stores, which have a stronger U.S. Northwest presence, with Bass Pro's roughly 100 stores that are concentrated in the U.S. Southeast. "Both Cabela's and Bass Pro Shops used promotions to drive
  
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• Trump: Cybersecurity should be a top priority

  03-10-2016 22:14 via cnet.com
  
  The Republican presidential candidate says his administration would strengthen the US's defenses against hacking attacks.
  
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• Ben Affleck unveils unimaginative title for his Batman movie

  03-10-2016 22:05 via cnet.com
  
  Big-screen superhero actor Ben Affleck reveals the name for his labor-of-love standalone Batman movie, and it definitely keeps things simple.
  
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• Who needs Facebook friends when there's Kirobo?

  03-10-2016 21:56 via cnet.com
  
  Facebook continues its quest to become a community classifieds section with the mobile Marketplace. But nothing you'll find for sale will ever be as cool as Toyota's Kirobo Mini.
  
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• September U.S. auto sales down 0.5 percent even as discounts rise

  03-10-2016 21:44 via news.yahoo.com
  
  Major automakers posted September U.S. sales on Monday that were slightly lower than a year ago, despite big consumer discounts, as pickup truck volumes fell for both General Motors Co and Ford Motor Co . Research firm Autodata Corp showed total industry sales at 1.44 million vehicles, down 0.5 percent for a seasonally adjusted annualized rate of 17.76 million from 18.05 million in September 2015. GM, the top-seller in the United States, posted a 0.6 percent decline.
  
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• Clinton promises to hold Wells Fargo accountable

  03-10-2016 21:38 via news.yahoo.com
  
  Democratic U.S. presidential candidate Hillary Clinton on Monday vowed to hold Wells Fargo accountable for "egregious corporate behavior" in a scandal over employees' opening millions of accounts without customers' knowledge. One of the nations' biggest banks bullying thousands of employees into committing fraud against unsuspecting customers," Clinton told a crowd in Ohio, a crucial battleground in the Nov. 8 presidential election against Republican Donald Trump. In Toledo, an area that has los
  
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• Don't delay U.S. rate hike, says Fed's Mester: Bloomberg

  03-10-2016 21:31 via news.yahoo.com
  
  "We have to be a little pre-emptive in making sure that we're moving the interest rate up so that we can keep the expansion sustained," said Mester, one of three Fed policymakers to dissent against last month's decision to stand pat on rates. Speaking on Bloomberg Radio, she added that the case would "remain compelling" to back a rate hike at the next policy meeting, on Nov. 1-2, were the economic data to come in largely as she expects.
  
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• Facebook to open new data center in Denmark

  03-10-2016 21:09 via cnet.com
  
  This will be the social media giant's third server facility in Europe.
  
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• John Oliver calls for increased use of police bodycams

  03-10-2016 21:04 via cnet.com
  
  Technically Incorrect: The HBO comedian looks at the notion that police officers are rarely convicted for alleged brutality or manslaughter.
  
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• Wall Street falls as investors fret about big banks

  03-10-2016 21:00 via news.yahoo.com
  
  (Reuters) - The fourth quarter got off to a weak start for U.S. stock investors on Monday, with banks and utilities pulling the S&P 500 lower.
  
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• Bell goes to court to stop VMedia from broadcasting their channels over the internet

  03-10-2016 21:00 via cbc.ca
  
  Bell Media has sent a cease and desist letter threatening legal action if VMedia, a small Canadian internet and IPTV provider does not remove Bell's signals from a VMedia service that streams live TV over the internet.
  
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• Why the university of the future will have no classrooms, no lectures, and lots of tech

  03-10-2016 20:48 via techrepublic.com
  
  Former MIT dean Christine Ortiz is building a radical nonprofit research institution focused on the intersection of technology and humanity, to increase college access for underprivileged students.
  
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• New 'Pirates of the Caribbean' teaser launches hunt for Jack Sparrow

  03-10-2016 20:43 via cnet.com
  
  What's a Johnny Depp movie trailer without Johnny Depp? Pretty moody and cool, actually.
  
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• Chevrolet's Colorado ZH2 concept is a badass Army R&D machine

  03-10-2016 20:42 via cnet.com
  
  If only every Chevrolet Colorado looked this buff.
  
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• Tim Cook calls encryption 'inherently great' at Utah event

  03-10-2016 20:38 via cnet.com
  
  Apple CEO doubles down on his defense of the technology that scrambles up data and communications, keeping criminals -- and the government -- from seeing what's inside.
  
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• 3 survival skills for reluctant IT managers

  03-10-2016 20:32 via techrepublic.com
  
  Textbook management practices don't always work in IT disciplines. Here are some strategies for tech professionals who find themselves in a management role.
  
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• Morgan Stanley charged with running unethical sales contests: regulator

  03-10-2016 20:16 via news.yahoo.com
  
  Morgan Stanley was charged with "dishonest and unethical conduct" by Massachusetts' top securities regular on Monday for having pushed its brokers to sell loans to their clients. The contests, designed to boost business, were officially prohibited by Morgan Stanley but turned out to be lucrative for the bank with the pace of loan origination tripling and adding $24 million in new loan balances, Galvin said.
  
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• GM, Ford Canada auto sales rise in September

  03-10-2016 20:15 via news.yahoo.com
  
  TORONTO (Reuters) - General Motors Co and Ford Motor Co reported higher September vehicle sales in Canada on Monday, boosted by strong demand for pickup trucks. Ford's sales rose 6.9 percent to 30,170 vehicles even as car sales dropped 25 percent. Sales of F-Series pickup trucks rose 21 percent to 15,659 vehicles. "Our investment in building the toughest, smartest, most capable trucks is paying off," said Ford of Canada Chief Executive Dianne Craig in a statement. ...
  
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• September U.S. auto sales slide even as discounts rise

  03-10-2016 20:07 via news.yahoo.com
  
  Major automakers reported lower September U.S. sales on Monday despite high consumer discounts, as pickup truck volumes fell for both General Motors Co and Ford Motor Co . With the top six U.S. market leaders reporting, deliveries were down 0.6 percent from a year earlier. GM, the top-seller in the United States, showed sales down 0.6 percent.
  
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• BMW to offer all-electric variants of X3, Mini vehicles

  03-10-2016 20:00 via cnet.com
  
  The electric Mini should drop in about three years' time, with the X3 arriving the following year.
  
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• What to expect from Google's big tech event

  03-10-2016 19:48 via cbc.ca
  
  Google will most likely unveil its latest slate of gadgets on Tuesday, and already there are rumblings of what to expect from the tech giant. New phones are likely on the table, as well as devices that make use of 4K, virtual reality and voice recognition technology.
  
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• Skylanders Imaginators will let you 3D print your characters

  03-10-2016 19:47 via cnet.com
  
  Fans of the popular game series can pay $50 to have a 3D printout made of their own custom-designed characters.
  
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• How to install openDCIM on Ubuntu to simplify data center management

  03-10-2016 19:29 via techrepublic.com
  
  Managing your data center infrastructure can be a nightmare unless you have the right tools. Here's how to install one such free tool called openDCIM.
  
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• Bana Alabed, 7 years old, tweets horrors of Syria's airstrikes

  03-10-2016 19:24 via cnet.com
  
  Every night, she tweets about bombings in Syria keeping her awake, and every morning, the terrible aftermath.
  
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• Wall Street slips as financial, tech stocks weigh

  03-10-2016 19:17 via news.yahoo.com
  
  The markets have become skittish, with the S&P 500 swinging between gains and losses in the past few days as investors await the upcoming corporate earnings season and the outcome of a tight race to the White House. Concerns over U.S. authorities demanding $14 billion from Deutsche Bank and Britain's March deadline to start its separation from the European Union are also weighing on investor sentiment. The S&P 500 financial index declined 0.6 percent as Wells Fargo fell to a near three-y
  
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• Amazon Echo, other smart speakers to rake in $2B by 2020

  03-10-2016 19:08 via cnet.com
  
  The market for speakers with virtual assistants will top $2 billion by 2020, a nearly 500 percent increase over 2015, says research firm Gartner.
  
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• Volkswagen to compensate dealers to the tune of $1.2 billion

  03-10-2016 19:00 via cnet.com
  
  Each dealer should receive nearly $2 million over a period of time.
  
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• Chevron supports director Stumpf despite Wells Fargo morass

  03-10-2016 18:58 via news.yahoo.com
  
  Chevron Corp on Monday said it stands behind John Stumpf, a member of its board and the chief executive of bank Wells Fargo & Co , despite growing concerns about his leadership during a customer service scandal. Pressure has mounted on Stumpf in recent days to resign as CEO of Wells Fargo, the largest U.S. bank by deposits, after revelations the bank for years opened checking, savings and credit card accounts without customer approval to satisfy managers' demands for new business. Lawmakers
  
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• Fed would have less policy leeway in face of recession: Dudley

  03-10-2016 18:54 via news.yahoo.com
  
  The Federal Reserve would probably not be able to cut interest rates as aggressively as the last time around if it were faced with a U.S. recession in the next few years, New York Fed President William Dudley said on Monday. With rates having since remained near zero, Dudley said the Fed now has less policy room to respond and thus may be cautious about raising rates. "If another recession were to happen in the next few years, it is likely that the FOMC would be unable to respond with a cut of s
  
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• Big data, business analytics to hit $203 billion by 2020, says IDC report

  03-10-2016 18:41 via techrepublic.com
  
  A spending guide by IDC forecasts that the big data market will grow at a compound annual growth rate of 11.7% though 2020, led by five distinct industries.
  
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• Is Google's Pixel the 'one phone to rule them all'? (The 3:59, EP. 116)

  03-10-2016 18:39 via cnet.com
  
  We talk about Google's big event Tuesday as well as Facebook's new Marketplace and Messenger Lite.
  
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• Ben Affleck unveils unimaginative title for his solo Batman movie

  03-10-2016 18:33 via cnet.com
  
  Big-screen superhero actor Ben Affleck reveals the name for his labor-of-love standalone Batman movie, and it definitely keeps things simple.
  
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• Hulu drops price to $6 per month

  03-10-2016 18:25 via cnet.com
  
  The promotional offer is good only for new subscribers and increases to the standard $8 monthly price after a year.
  
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• New 'Pirates of the Caribbean' teaser launches the hunt for Jack Sparrow

  03-10-2016 18:24 via cnet.com
  
  What's a Johnny Depp movie trailer without Johnny Depp? Pretty moody and cool, actually.
  
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• EU resumes investigation into DuPont Dow merger deal

  03-10-2016 18:24 via news.yahoo.com
  
  EU antitrust regulators have resumed their investigation into the $130 billion merger of U.S. chemicals giants Dow Chemical and DuPont after the companies provided data they had been asked for. The European Commission, which halted its scrutiny in early September, will now decide by Feb. 6 whether to approve the deal. Commission spokesman Ricardo Cardoso confirmed in an email that the companies had submitted important information requested by the EU competition enforcer.
  
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