Business news

• Hello Kitty wine, for the cutest bender ever

  05-10-2016 23:52 via cnet.com
  
  Meowza! An Italian winery teams with Sanrio to offer adult beverages with the friendly feline's face on the label.
  
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• Customers sue UnitedHealth over prescription drug co-pay costs

  05-10-2016 23:46 via news.yahoo.com
  
  The lawsuit, filed Tuesday in federal court in Minnesota by three UnitedHealth customers, seeks to represent a nationwide class that it says could include "tens of thousands" of people insured by UnitedHealth. The lawsuit said Minnesota-based UnitedHealth and affiliated companies charged customers co-payments for drugs that were significantly higher than prices it negotiated with pharmacies for those drugs. For example, the lawsuit claims, one class member paid a $50 co-payment for Sprintec, a c
  
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• Republic Wireless ofrece soporte para los Google Pixel y Pixel XL

  05-10-2016 23:44 via cnet.com
  
  La telefónica dijo que el nuevo par de teléfonos de Google serán compatibles con su red híbrida de Wi-Fi.
  
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• Donald Trump is a top economist, according to Google

  05-10-2016 23:24 via cnet.com
  
  A query for top economist on the search site includes Donald Trump in the rankings.
  
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• Replacement Samsung Note 7 phone emits smoke on U.S. plane: family

  05-10-2016 23:12 via news.yahoo.com
  
  A replacement model of the troubled Samsung Note 7 smartphone began smoking inside a U.S. plane on Wednesday, the family which owned it said, signaling that Samsung's solution to its recent scandal may not have worked. Indiana passenger Brian Green's phone began emitting smoke inside a Southwest Airlines Co flight to Baltimore from Louisville, Kentucky, his wife, Sarah, told Reuters after speaking with her husband. Samsung said in a statement it was working to recover the device and to understan
  
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• How to enable two-step authentication in Dropbox

  05-10-2016 23:12 via techrepublic.com
  
  Concerned about the security of your Dropbox account? For an added layer of protection, follow this process of setting up two-step authentication in Dropbox.
  
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• Telus says sorry for carbon price tweet as some customers bolt

  05-10-2016 23:11 via cbc.ca
  
  After sending out a tweet in support of the federal government's proposed carbon pricing plan, Telus has issued an apology to angry customers threatening to take their business elsewhere.
  
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• Exclusive: Twitter to conclude sale deliberations this month - sources

  05-10-2016 23:09 via news.yahoo.com
  
  Twitter Inc has told potential acquirers it is seeking to conclude negotiations about selling itself by the time it reports third-quarter earnings on Oct. 27, according to people familiar with the matter. The timeline is hugely ambitious in the context of most mergers and acquisitions, given that Twitter began mulling a sale only last month. It is the clearest sign yet that Chief Executive Jack Dorsey is pushing to provide clarity to shareholders and employees over the company's future as quickl
  
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• Exxon partners with NBA in U.S. and China

  05-10-2016 23:07 via news.yahoo.com
  
  (Reuters) - Exxon Mobil Corp said it has entered a multi-year agreement with the National Basketball Association (NBA) to be its official marketing partner in the United States and China. The partnership, which aims to market Exxon's Mobil 1 motor oil, is one of the first tie-ups between the flagship brand and a major sports other than motor racing. The financial terms of the deal were not disclosed. The oil giant ran television advertisements during the Rio Olympics to showcase its work on clea
  
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• Replacement Galaxy Note 7 ignores Southwest's 'No Smoking' signs

  05-10-2016 23:05 via cnet.com
  
  Apparently Samsung's airplane mode sometimes may involve burning through the plane's carpet.
  
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• Fed's Lacker says central bank governors more exposed to politics

  05-10-2016 23:02 via news.yahoo.com
  
  The Federal Reserve's Washington-based governors are less insulated from politics than in the past, Richmond Fed President Jeffrey Lacker said on Wednesday, arguing that central bankers from outside the capital are important for good policymaking. Within the Fed, governors and regional presidents are sometimes at odds over interest rate policy. Some academics have argued that governors tend to be more tolerant of inflation than regional presidents.
  
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• US vice presidents get octopus headwear in new book

  05-10-2016 22:46 via cnet.com
  
  Kickstarter project pairs up cephalopods and all former vice presidents in an arty and unusual book.
  
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• #ThatMexicanThing still big a day after vice presidential debate

  05-10-2016 22:41 via cnet.com
  
  The internet was quick to christen new hashtags during the Vice Presidential debate Tuesday night, but one quoting Republican VP candidate Mike Pence took on a life of its own.
  
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• Boot Camp vs. VM when running Windows on a Mac: How to select the best option

  05-10-2016 22:40 via techrepublic.com
  
  Running Windows on a Mac is no longer daunting, though choosing between Boot Camp or a VM still requires careful consideration. Here are tips for selecting the best method.
  
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• NSA contractor charged with stealing top secret docs

  05-10-2016 22:31 via cnet.com
  
  Harold Thomas Martin III worked for the same consulting firm as Edward Snowden and faces up to 11 years in prison.
  
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• Energy, bank stocks lead Wall Street higher

  05-10-2016 22:24 via news.yahoo.com
  
  Stocks on Wall Street rose Wednesday led by the energy sector as oil prices rallied and as financials gained on the increasing likelihood of an interest rate hike after strong economic data. Activity in the U.S. services sector hit an 11-month high in September, an encouraging sign for economic growth that may nudge the Federal Reserve toward an interest rate increase before the year ends. "We’re taking a little victory lap today after the surprisingly good economic data,” said Kim F
  
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• Republic Wireless hops on to support Google Pixel and Pixel XL

  05-10-2016 22:20 via cnet.com
  
  The carrier says Google's new pair of handsets will be compatible with its Wi-Fi hybrid network.
  
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• IMF says global debt tops $152 trillion, urges some to spend more

  05-10-2016 22:20 via news.yahoo.com
  
  By David Lawder WASHINGTON (Reuters) - The world is swimming in a record $152 trillion in debt, the IMF said on Wednesday, even as the institution encourages some countries to spend more to boost flagging growth if they can afford it. Global debt, both public and private, reached 225 percent of global economic output last year, up from about 200 percent in 2002, the IMF said in its new Fiscal Monitor report. The IMF said about two thirds of the 2015 total, or about $100 billion, is owed by priva
  
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• Win a trip to Mars, courtesy of T-Mobile's CEO

  05-10-2016 22:19 via cnet.com
  
  T-Mobile CEO John Legere wants to send someone to Mars -- but only if he gets 1 million retweets.
  
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• Got a stack of tickets in your glovebox? You may find a Barnacle stuck to your car

  05-10-2016 22:12 via cnet.com
  
  This boot replacement attaches to the windshield with industrial-spec suction cups and can be removed immediately after payment.
  
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• Why the Google Pixel phone won't steal the enterprise crown from the iPhone anytime soon

  05-10-2016 21:57 via techrepublic.com
  
  Google's brand new flagship Pixel phone is trying to nudge Apple's iPhone 7 off its pedestal. Nevermind the consumer realm: Is Apple's mobile enterprise supremacy really at risk?
  
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• Oil up two percent to June highs after another U.S. crude draw

  05-10-2016 21:55 via news.yahoo.com
  
  By Barani Krishnan NEW YORK (Reuters) - Oil prices settled up about 2 percent on Wednesday, hitting their highest since June, after the fifth unexpected weekly drawdown in U.S. crude inventories added to support on hopes that major producers will agree to cut output next month. The U.S. Energy Information Administration (EIA) said crude stockpiles fell 3 million barrels last week, opposite of forecasts of analysts polled by Reuters for a build of 2.6 million barrels. Since the beginning of Septe
  
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• Galaxy Note 7 replacement ignores 'No Smoking' signs on plane

  05-10-2016 21:43 via cnet.com
  
  Apparently Samsung's airplane mode sometimes may involve burning through the plane's carpet.
  
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• Remember the color-changing dress? Now meet the purse

  05-10-2016 21:20 via cnet.com
  
  When the hue of a Kate Spade handbag confuses some on social media, its owner redirects attention from the fuss toward a good cause.
  
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• Oil up two percent to June highs on another U.S. crude draw

  05-10-2016 21:19 via news.yahoo.com
  
  Oil prices rose about 2 percent on Wednesday, hitting their highest since June, after the fifth unexpected weekly drawdown in U.S. crude inventories. Brent crude was up $1.06, or 2.1 percent, at $51.92 a barrel by 12:14 p.m. EDT (1614 GMT), peaking at $52.09, its highest since June 10. U.S. West Texas Intermediate (WTI) crude was up $1.11, or 2.3 percent, at $49.80.
  
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• OPEC, non-OPEC producers plan informal meet in Istanbul to discuss Algiers deal: Algeria

  05-10-2016 21:17 via news.yahoo.com
  
  ALGIERS (Reuters) - OPEC and non-OPEC oil producers plan an informal meeting in Istanbul Oct. 8-13 to discuss how to implement a production deal OPEC members reached in Algiers last month, Algerian Energy Minister Nouredine Bouterfa has told local Ennahar TV. In an interview scheduled be broadcast on Thursday, Bouterfa said the Algiers deal to cut output would be in force for up to a year. Oil prices rose about 7 percent in September, ending up a second straight month, after OPEC unveiled plans
  
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• Chinese company says it'll fire anyone who buys iPhone 7

  05-10-2016 21:11 via cnet.com
  
  Technically Incorrect: A Chinese pharmaceutical firm that's against the purchase of foreign products reportedly enacts draconian measures against Apple. This isn't the first time this has happened.
  
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• ExoLens' Zeiss lenses are iPhone 7-ready, too

  05-10-2016 21:10 via cnet.com
  
  Fellowes also rebranded its mobile lens line and announced pricing and availability for the two we expected last summer.
  
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• Berlin pursues discreet talks with U.S. officials on Deutsche Bank

  05-10-2016 20:53 via news.yahoo.com
  
  By Paul Carrel and Noah Barkin BERLIN (Reuters) - The German government is pursuing discreet talks with U.S. authorities to help Deutsche Bank secure a swift settlement over the sale of toxic mortgage bonds, according to sources in Berlin. Until now, German officials have played down their role in the standoff, saying it is up to Deutsche to work out a deal with the U.S. Department of Justice (DOJ), which is demanding up to $14 billion to settle claims the lender mis-sold mortgage-backed securit
  
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• Crocodile 'Cage of Death' sounds like a nice place to vacation

  05-10-2016 20:49 via cnet.com
  
  If your idea of a good time is encasing yourself in a clear tube and getting lowered into a crocodile pond, then the Cage of Death is for you.
  
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• Fed's Lacker says there are signs inflation is heating up

  05-10-2016 20:36 via news.yahoo.com
  
  Inflation appears to be heating up in the United States, part of a strong case for the Federal Reserve to raise interest rates more quickly, Richmond Fed President Jeffrey Lacker said on Wednesday. Consumer price increases have been below the Fed's 2 percent target for more than four years but some policymakers have argued the jobless rate at 4.9 percent is low enough to pressure wages higher, which could in turn lead to faster price gains. Lacker, who does not have a vote on Fed interest rate p
  
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• Henrik Fisker decided to give the whole car-building thing another go

  05-10-2016 20:31 via cnet.com
  
  For those of you just tuning in, his effort prior to this didn't go all that well.
  
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• Netflix, stalking an Oscar, recruits iPic cinemas to screen its movies

  05-10-2016 20:30 via cnet.com
  
  To qualify for an Academy Award, Netflix must show off its films the old-fashioned way, so it's turning to a 15-screen chain of upscale theaters.
  
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• Norway's prime minister caught playing Pokemon Go in parliament

  05-10-2016 20:26 via cnet.com
  
  Gotta catch 'em all, even if you're also busy running a country. And come on, debates can get pretty boring.
  
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• Bees make US endangered-species list for first time

  05-10-2016 20:19 via cnet.com
  
  Here's something to buzz about. For the first time, the US Fish and Wildlife Service protects bees.
  
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• Trade deficit narrowed to $1.9B in August

  05-10-2016 19:58 via cbc.ca
  
  Statistics Canada says the country's trade deficit for August declined unexpectedly to $1.9 billion as exports to countries other than the United States picked up.
  
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• Geely launches mysterious new global brand Lynk and Co

  05-10-2016 19:54 via cnet.com
  
  The automaker claims it'll be different from anything before it...like we haven't heard that before.
  
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• Credit Suisse admits wrongdoing in asset measure, to pay $90 million

  05-10-2016 19:53 via news.yahoo.com
  
  By Sarah N. Lynch WASHINGTON (Reuters) - Credit Suisse AG will pay a $90 million penalty and admit wrongdoing after an investigation by U.S. regulators found the bank misrepresented how it determined a performance metric in its wealth management business to investors. The Securities and Exchange Commission said former Credit Suisse executive Rolf Bogli, 52, also agreed to settle and pay $80,000 for his role in the violations. The SEC said its probe found the bank did not follow the methodology i
  
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• Republicans asked U.S. administration not to finalize inversion rules

  05-10-2016 19:51 via news.yahoo.com
  
  By David Morgan WASHINGTON (Reuters) - Two-dozen Republicans from the U.S. House of Representatives asked the White House and the Treasury on Wednesday not to finalize proposed regulations meant to crack down on companies that try to reduce their U.S. taxes by rebasing abroad, fearing it will harm business and the economy. In an Oct. 5 letter, Republican members of the tax-writing House Ways and Means Committee warned administration officials that regulations now under final review at the White
  
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• Galaxy Note 7 ignores 'No Smoking' signs on plane

  05-10-2016 19:40 via cnet.com
  
  Apparently Samsung's airplane mode involves burning through the plane's carpet.
  
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• Battered Blue Origin rocket survives test without exploding

  05-10-2016 19:39 via cnet.com
  
  Jeff Bezos' rocket company conducts the first successful in-flight escape test since the Apollo era and lands its rocket booster safely in Texas on Wednesday.
  
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• Ford chairman met with Trump over Mexico comments

  05-10-2016 19:29 via news.yahoo.com
  
  Ford Motor Co executive chairman Bill Ford Jr. said on Wednesday he has met with Donald Trump to talk about the Republican presidential candidate's extensive criticism of the automaker's investments in Mexico. Ford told the Economic Club of Washington that he thought Trump's criticism of the No. 2 automaker's foreign investments were "infuriating and "frustrating" because of its extensive investments and employment in the United States. Trump has threatened if elected to impose hefty tariffs on
  
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• Google Pixel cautiously rolls dice with Verizon exclusivity

  05-10-2016 19:16 via cnet.com
  
  The deal is a throwback to the original partnership around the Motorola Droid. That doesn't mean success is guaranteed this time around.
  
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• Steve Jobs remembered: Apple co-founder, typeface fanatic

  05-10-2016 19:14 via cnet.com
  
  Former Apple execs reflect on the leadership skills and attention to detail of Jobs, who died five years ago.
  
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• BlackRock cuts ETF fees ahead of new financial advice rule

  05-10-2016 19:13 via news.yahoo.com
  
  The world's largest asset manager lowered fees on 15 funds in its "Core" U.S. ETF lineup, touting the move as a boon for financial advisers and brokers who will soon be governed by regulations seen favoring inexpensive investments. The change, which affects 23 percent of iShares $937 billion in U.S. assets, brings some fees down by 2 to 5 basis points and may help the company better compete with low-cost rivals who are growing in its market, analysts said.
  
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• Google Home vs. Amazon Echo: The battle begins

  05-10-2016 19:06 via cnet.com
  
  To reign supreme in the smart home, Google Home has some big shoes to fill.
  
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• Google Pixel offers cold comfort to silent partner

  05-10-2016 19:05 via cnet.com
  
  HTC actually made the Pixel phone, not that you could tell from Tuesday's Google event.
  
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• How to use BestCrypt to encrypt files and folders

  05-10-2016 18:59 via techrepublic.com
  
  Jack Wallen walks you through the steps of creating and moving a container to illustrate how amazingly easy BestCrypt Container Encryption is.
  
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• Wall St. advances as energy, bank stocks rally

  05-10-2016 18:57 via news.yahoo.com
  
  (Reuters) - Wall Street rose after two days of losses on Wednesday after strong economic data boosted financial stocks and a surge in oil prices helped the energy sector.
  
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• Hurricane Matthew weather maps reveal sinister skull

  05-10-2016 18:50 via cnet.com
  
  A creepy satellite photo of deadly storm Hurricane Matthew displays what many are interpreting as a devilish sight.
  
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