The nation’s colleges and universities hiked tuition and other prices yet again this year, continuing a decades long practice of raising them above the rate of inflation as higher education becomes less and less affordable.
Microsoft launches a new desktop computer, redesigned laptop, and a free update to its Windows operating system. Jeanne Yurman reports.
Selfie sticks were banned from Wimbledon tennis championships and now it seems they've lost their cool, with sales and searches plummeting.
Reuters reports that Nasdaq and the London Stock Exchange plan to use AI to monitor trading in the next few months, and that Wall Street regulator FINRA will test AI surveillance software next year. Reuters says the smart software could scan chat-room messages to detect bragging or back slapping around the time of a big trade.
Stocks were unable to hold onto early gains as investors reacted to lackluster earnings news and a pullback in consumer sentiment measured by the Conference Board. Jeanne Yurman reports.
Leaked emails let the world know of Salesforce potential M&A plans. Now CEO Marc Benioff is offering his take on it all.
Facebook cofounder Mark Zuckerberg made $1.6 billion dollars in one week and his net worth has jumped to an all-time high. Josh King has the story (@abridgetoland).
Oct. 24 -- In today's "The Numbers Don't Lie," Bloomberg's Scarlet Fu previews Apple's fourth-quarter earnings. She speaks on "What'd You Miss?"
Oct. 24 -- Tim Hockey, TD Ameritrade Holding president and chief executive officer, explains why TD Ameritrade and its largest stakeholder, Toronto-Dominion Bank, agreed to buy Scottrade Financial Services for $4 billion. He speaks with Bloomberg's Amanda Lang, Oliver Renick and Scarlet Fu on "What'd You Miss?"
The $85 billion merger between AT&T and Time Warner could kick off a wave of consolidation in the media industry. Fred Katayama reports.
Oct. 24 -- AT&T has agreed to acquire Time Warner in a deal worth $85.4 billion. Bloomberg's Alex Sherman examines what the deal means to both companies and the regulatory hurdles the agreement may face. He speaks on "Bloomberg Surveillance."
Oct. 21 -- McDonald's Corp. topped analysts' revenue estimates for the third quarter on gains in international markets and a boost from their all-day breakfast menu. Bloomberg Intelligence's Michael Halen reports on "Bloomberg Daybreak: Americas."
U.S. equities tacked on gains for the week despite mixed earnings news, a sour outlook from GE and cyber attacks. Jeanne Yurman reports.
Facebook CEO Mark Zuckeberg is defending one of his financial backers who backs Donald Trump. Zuckerberg wrote a letter to his staff in support of Peter Thiel, an early Facebook backer and board member who this week pledged $1.25 million dollars to Trump. Zuckerberg said Facebook must welcome diversity.
Nestle has become the latest company to be hit by the global slowdown affecting food manufacturers after posting its weakest underlying sales growth in more than a decade. As Hayley Platt reports, the Swiss food giant has cut its outlook for the year.
A new feature to Facebook allows users to Browse to buy, sell stuff, and search local surroundings. Alyse Barker (@IamAlyseBarker) has the story.
A report from CreditCards.com shows store cards charge an average interest rate of 24% percent! That's nearly 10 points more than the national average for cards of 15%. Big Lots led the list of major retailers named in the report, charging nearly 30%.
U.S. stocks ended a choppy session on Thursday with a slight decline as investors digested the latest round of earnings. Jeanne Yurman reports.
Oct. 19 -- In today's "The Numbers Don't Lie," Bloomberg's Scarlet Fu previews Microsoft's first-quarter earnings. She speaks on "What'd You Miss?"
Oct. 18 -- Goldman Sachs Group reported third-quarter earnings that jumped 47 percent as bond-trading revenue topped analysts' expectations. Bloomberg's Michael Moore breaks down the numbers on "Bloomberg Daybreak: Americas."
Oct. 19 -- Mark Tinker, head of Framlington equities for Asia at AXA Investment Managers, discusses China's 3Q GDP figures and the outlook for the economy. He speaks to Bloomberg's Angie Lau and David Ingles on "Bloomberg Markets."
Online abusers, harassers, bullies and creeps are a huge problem for Twitter and these so-called Trolls may help explain why Salesforce.com walked away from placing a bid for Twitter. CNBC's Jim Cramer cited a recent conversation with Salesforce CEO Mark Benioff in making that case.
Snoop Dogg, Courtney Love and Joseph Gordon Levitt have teamed up with Seth Rogen to raise money for young people with Alzheimer's.
Netflix reports third quarter earnings today and investors will be focused on the company’s subscriber growth inside and outside the US. Those numbers fell short of expectations in the second quarter, hurting the stock.
Netflix’s highly anticipated third-quarter earnings report smoked expectations, causing the stock to shoot up 20% in after-hours trading.
Oct. 17 -- While Gillette still dominates the $3 billion U.S. shaving industry, new companies offering lower prices online have been gaining an increasing share of sales. One of these startups is Harry's, which has raised over $250 million in equity funding in just three years. Co-founder and Co-CEO Jeff Raider explains how Harry's is charting a course from small to big.
The US Department of Transport has banned all Samsung Galaxy Note 7 phones from flights to or from the US. Reporting by Daniel O'Donnell.
Oct. 14 -- Citigroup's third-quarter profit topped analysts' estimates on a 35 percent surge in bond-trading revenue. Wells Fargo saw profit fall 2.6 percent in the third-quarter on increased expenses. Bloomberg's Christine Harper and Bloomberg Intelligence's Alison Williams break down both banks' results on "Bloomberg Daybreak: Americas."