Asian markets mostly rise after central bank decisions

Asian markets mostly rose on Thursday after the Federal Reserve cut rates, while Japan’s central bank kept monetary policy unchanged. Japan’s Nikkei 225 rose 0.6%. South Korea’s Kospi gained 0.3%. China’s Shanghai Composite Index moved up by less than 0.1%. Overnight, the Federal Reserve cut interest rates by a quarter percentage point for the second…MORE

AT&T is reportedly exploring a sale of DirecTV

AT&T is considering selling DirecTV, according to the Wall Street Journal. The satellite TV business has been losing subscribers amid a worldwide shift to streaming modes of media. An activist investor has recently pressed AT&T, which owns CNN’s parent company WarnerMedia, to evaluate a sale of DirecTV. On Wednesday AT&T declined to comment on whether…MORE

Streaming wars scorecard: What to watch and how much it will cost

Big Media and Big Tech are waging an all out streaming war to fight for your attention, not to mention your subscription dollars. In the coming months, Disney, WarnerMedia and Comcast are all launching their own streaming platforms to compete with the likes of Netflix and Amazon — two powerful tech companies that got a…MORE

How the GM strike could start a Midwest recession

The nearly 50,000 striking General Motors workers are just the beginning. Soon hundreds of thousands of people could be off the job because of the walkout. The strike by the United Auto Workers union could even tip large swaths of the Midwest into recession. The union and management were back at the negotiating table on…MORE

UPS uniforms are getting a redesign

UPS’ familiar brown uniforms are getting their first major redesign since 1925. The company’s 125,000 global delivery workers will soon have new clothing options in performance fabrics, adorned with an enlarged UPS logo. The fashion update will involve only new styles–there will be no change to the uniform’s ubiquitous brown color. Referring to its drivers…MORE

Lay’s potato chip bag is getting its first new look in 12 years

Lay’s potato chips are about to get a packaging revamp. The redesigned potato chip bag and new logo give Lay’s its first new look in 12 years. Unlike previous redesigns, Lay’s isn’t undergoing a radical transformation. Instead, the refreshed logo and packaging are meant to make the brand feel more modern and contemporary, said Jon…MORE

The Fed cut rates for the second time this year

The Federal Reserve on Wednesday cut interest rates by a quarter percentage point for the second time since July, as concerns grow about a potential global slowdown. Officials also left the door open for another rate cut this year, reinforcing the message by Fed Chairman Jerome Powell that policymakers will do whatever is necessary to…MORE

How Hasbro managed a stunning comeback in a post-Toys-‘R’-Us world

Christmas is still more than three months away. But it feels like the holidays are already here for Hasbro shareholders. The stock is up more than 45% this year and CEO Brian Goldner is feeling pretty bullish. Goldner touted the strength of key brands such as Nerf, Play-Doh, Transformers and My Little Pony at a…MORE

Investors turn up the heat on companies over climate change

Investors managing assets worth $35 trillion are sending a message to governments and companies: Do more to fight climate change. A group of 515 investors on Wednesday urged policymakers to act with the “utmost urgency” to comply with the goals of the 2015 Paris climate agreement, which seeks to limit global warming. “Much more needs…MORE


Local Weather