| | | | EVERYTHING YOU NEED TO KNOW, RIGHT NOW. #IBTPulse |
| | | Retail Data Expected To Boost Already Strong Rate-Hike Buzz | October retail sales data to be released Friday morning is expected to show consumer spending strengthened, which would boost speculation the Fed will increase interest rates for the first time in nine years next month. Fed officials have already been saying as much, especially since last Friday’s better-than-expected jobs report. The latest was New York Fed President William Dudley, who on Thursday said conditions for a hike “could soon be satisfied." |
| Hulu May Get Big New Backer | The video-streaming company is reportedly in talks with Time Warner Inc. to pump in money and content that will help in the fight against Netflix and Amazon. The deal would value Hulu at $5 billion, an amount expected to grow as more people switch from cable TV to the Internet. |
| General Motors Goes Made-In-China | GM plans to beef up its U.S. SUV choices with a Buick it builds in China just as U.S. demand is picking up. It may be the first made-in-China Buick to be sold in the U.S., but not the first from Asia. |
| Beirut Bombings Raise Specter Of Wider ISIS War | Two suicide bombings left dozens dead and many more injured in Beirut, with the Islamic State group claiming responsibility and raising concerns the group known as ISIS is bringing its battles in Syria to Lebanon. |
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| | | | HERE'S WHAT YOU MISSED LAST NIGHT. |
| | | Modi's UK Visit Bags Nuclear Research Deal, Among Others | The first day of Indian Prime Minister Narendra Modi's visit to the U.K. came with the signing of a civil nuclear research agreement, 20 business deals worth a reported 9 billion pounds ($13.7 billion) and a speech in parliament. On Friday, he will have lunch with the Queen and then meet an estimated 70,000 Indians at Wembley Stadium. |
| Volkswagen Asks Employees To Come Forward | The German carmaker takes a step that may aid a now almost 2-month investigation into its engine emissions scandal, offering amnesty to employees who reveal information that may be self-incriminating. |
| Suu Kyi Wins Majority In Myanmar | Aung San Suu Kyi's National League for Democracy had a big lead from when the first ballots were counted, and by Friday had won a majority of seats in both houses of parliament. U.S. President Barack Obama called to congratulate his fellow Nobel laureate Wednesday, after military-backed leaders conceded defeat. |
| South China Sea Fly-By | Less than two weeks after the U.S. tested China’s claims in the South China Sea by sending the USS Lassen into disputed waters, it said it flew B-52s close to a disputed territory last weekend. Meanwhile, Presidents Barack Obama and Xi Jinping will see each other at the G-20 and APEC summits next week. |
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