U.S. stock futures were higher in early trading, after the Dow closed Wednesday at another record. The S&P 500 and the Nasdaq, however, wereunable hold on to their gains, and finished slightly lower. (CNBC) |
The Nasdaq did come within 16 points of hitting 5,000 during Wednesday's session, before pulling back. A drop in Apple (AAPL) hit the Nasdaq and the S&P due to the stock's heavy weighting on both indexes. (CNBC) |
U.S. crude prices were under pressure this morning, after settling up 3.5 percent Wednesday in New York trading and snapping a five-day losing streak on improved views on global oil demand. (Reuters) |
The FCC is set to vote today on net neutrality regulations that would treat the Internet like a utility. The rules would ban providers from charging more for faster speeds, and purposely slowing speeds down. (Reuters) |
Morgan Stanley (MS) has agreed in principle with federal regulators to pay $2.6 billion to settle claims related to the sale of mortgage-backed securities during the financial crisis. (USA Today) |
United Continental (UAL) management sent a dramatic safety warning to its pilots last month, calling for stepped-up compliance with rules and procedures following several serious incidents caused by cockpit errors. (WSJ-subscription) |
Google (GOOG) is considering making what several sources close to the situation describe as a "strategic investment" in Jawbone, the high-profile San Francisco maker of a number of wireless and wearable devices such as the Up fitness tracker. (Re/code) |
China has dropped major global tech brands-including Apple, Cisco(CSCO), and Intel (INTC)-from its approved state purchase lists, whileapproving thousands of local vendors. (Reuters) |
A little-known provision buried deep within President Barack Obama's proposed 2016 budget would allow the long-term unemployed to withdraw funds from their retirement plans penalty free. (CNBC) |
Limited recreational use of marijuana has become legal in Washington, D.C., months after residents voted to legalize pot despite major objections from some House Republicans. (USA Today) |