| | | | EVERYTHING YOU NEED TO KNOW, RIGHT NOW. #IBTPulse |
| | | Cisco's Earnings To Put Spotlight On New CEO, Ericsson Deal | Cisco reports earnings for the first time under its new boss Chuck Robbins, who took over in July from 20-year veteran John Chambers. Profit and sales growth are expected to be weak, putting pressure on initiatives like a just-announced partnership with Ericsson to boost earnings in the future. |
| Apple Out To Take Another Bite Of Your Wallet | Apple isn't satisfied with taking over credit card payments with Apple Pay. It's now reportedly developing an app that will allow you to pay your babysitter, or reimburse your friend for your share of the restaurant bill. That puts it in competition with PayPal's Venmo, Square and the so-called person-to-person payment feature on Facebook Messenger. |
| An Earful From The Fed | Janet Yellen leads a half-dozen Fed officials speaking at various venues Thursday, after recent economic data, including last week's better-than-expected jobs report, prompted hints and speculation that the central bank may raise interest rates in December, for the first time in nine years. Data on weekly jobless claims on Thursday and October retail sales data on Friday will also give Fed watchers more to consider. |
| Flight MH370 Disappearance Yields Satellite-Tracking Agreement | The U.N.'s International Telecommunications Union has assigned frequencies that will allow satellites to pick up signals from planes, meaning they will be visible at all times, even when over big bodies of water or sparsely inhabited lands. That will make it easier to spot planes that go off-course, as Malaysia Airlines' Flight MH370 did last year. |
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| | | | HERE'S WHAT YOU MISSED LAST NIGHT. |
| | | Greece Goes On Strike, With Prime Minister's Backing | Two big workers' unions in Greece were expected to go on strike Thursday, protesting against austerity measures prescribed by its lenders. Prime Minister Alexis Tsipras, who fought the measures before agreeing to a harsher version to save the country from default, is now backing the strike as the EU and IMF begin a scheduled review of Greece's economic health. |
| Volkswagen Is Not Alone | Germany's motor vehicle regulator has widened its probe to investigate 23 more car brands for high nitrogen oxide emissions, after it found emissions test-cheating software in Volkswagen cars. The brands under investigation include ones from BMW, Mercedes and Opel. |
| Microsoft Goes Local For EU Customers | Microsoft's European customers can soon store their Office365, Azure and other cloud data in Germany instead of the U.S., a venture that could calm customers' fears about U.S. government access to their data. The move follows the European Court of Justice's decision to strike down the 'safe harbor' pact, which had allowed for a free flow of data between the U.S. and EU. |
| Alibaba Rakes It In On Singles' Day | Alibaba, China's biggest e-commerce retailer, said it sold goods worth more than $14.3 billion during the Nov. 11 Singles' Day shopping gala while rival JD.com, which did not give sales figures, said its orders had almost tripled from the previous year, backing claims that China's retail sector remains a bright spots in its economy. |
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