Look who's finally leaving the roost. Millennials are starting to move out of their parents' houses, opting to rent in many cases.» Read More
SAN FRANCISCO, Sept 19- Holly Riggle, a 29- year-old white-collar worker from Ohio, is just the kind of everyday customer Apple Inc would love to have for its new iPhone 6, which launches Friday. But Riggle is sticking to her Android smartphone, calling Apple less "original" than it was under former chief executive Steve Jobs.
BOSTON/ CHICAGO, Sept 18- Home Depot Inc Thursday said some 56 million payment cards were likely compromised in a cyberattack at its stores, suggesting the hacking attack at the home improvement chain was larger than last year's unprecedented breach at Target Corp..
DETROIT, Sept 18- The Detroit Institute of Arts is prepared to sue to prevent the sale of its collection if Detroit's plan for exiting bankruptcy is not approved, the museum's chief operating officer told U.S. Bankruptcy Court on Thursday.
CAREER: Started Oracle Corp. with $1,200 of his own money in 1977 and built it into a business software powerhouse. HOMETOWN: Born in New York, grew up in Chicago. WEALTH: Ellison is the world's fifth richest person according to Forbes, with a net worth of $51.3 billion.
Sept 18- Home Depot Inc said on Thursday that data could have been stolen from 56 million payment cards by criminals who used malware from April to September to hack into its systems at stores in the United States and Canada.
NEW YORK/ LONDON, Sept 18- Gold rebounded on Thursday, as investors bought back their bearish bets after speculation over an earlier-than-expected U.S. interest rate hike by the Federal Reserve sent bullion prices to a 8-1/ 2- month low.
Sept 18- Major institutional investors such as BlackRock will likely receive the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.
Sept 18- Big institutional investors like Blackrock will likely get the bulk of roughly $22 billion worth of Alibaba Group Holdings shares being sold in an initial public offering set to price later on Thursday, people familiar with the situation said.
NEW YORK, Sept 18- When Alibaba Group Holding Ltd begins trading on Friday the shares may not be able to avoid the kind of volatility typically seen in trading of eagerly anticipated IPOs, even as the bulk of the shares sold are expected to reside with 25 to 50 behemoth institutions.
ST. LOUIS— Illinois' unemployment fell in August to 6.7 percent, the sixth straight monthly decrease in the state's jobless rate, the Illinois Department of Employment Security said Thursday. Pat Quinn and his Republican challenger, Bruce Rauner.
Alibaba, which handles more transactions than Amazon.com Inc and eBay Inc combined, is expected to price within the $66 to $68 per American depository share range, according to CNBC and an investor source.
*Supply risks rise with Libyan setback, OPEC talk. Brent prices slid sharply around 11:34 a.m. EDT, dropping 60 cents a barrel within 13 minutes, while U.S. crude tumbled 90 cents over the same period. The decline in the global benchmark Brent price was limited by a drop in Libya's output and talk of OPEC production cuts.
Sept 18- Rite Aid Corp cut its full-year profit forecast for the second time in about three months due to lower margins in its pharmacy business, sending its shares down more than 16 percent.
*Supply risks rise with Libyan setback, OPEC talk. NEW YORK, Sept 18- Oil traded lower on Thursday, pressured by ample supply and concern over a weakening of demand growth in major consumer nations, as well as by a rise in the U.S. dollar. The decline in the global benchmark Brent price was limited by a drop in Libya's output and talk of OPEC production cuts.
NEW YORK— UPS will hire up to 95,000. Kohl's plans to take on 67,000 and FedEx 50,000. Wal-Mart will add 60,000.. One after the other, a flurry of major U.S. retail and transportation companies announced sharp increases this week in the number of temporary workers they plan to hire for the holiday season.
CHICAGO— Grain futures were lower Thursday in early trading on the Chicago Board of Trade. Wheat for Dec delivery was unchanged at $4.9925 a bushel; Dec corn was 2.50 cents lower at $3.3925 a bushel; Dec oats were unchanged at $3.4650 a bushel; while Nov soybeans declined 8.75 cents to $9.7375 a bushel.
CHICAGO— Editors and reporters meeting in Chicago raised concerns Wednesday about what they described as a lack of access and transparency undermining journalists' work, several blaming the current White House for setting standards for secrecy that are spreading nationwide.
DALLAS- Federal Reserve Bank of Dallas President Richard Fisher moderates panel, "Perspectives on the Fed's Role in International Crises" before a conference hosted by the Federal Reserve Bank of Dallas- 2100 GMT.
Sept 17- The Michigan Strategic Fund board gave final approval on Wednesday for the sale of up to $450 million of 30- year revenue bonds for a downtown Detroit arena that will be home to the National Hockey League's Detroit Red Wings.
NEW YORK, Sept 17- Stock markets around the world closed with modest gains on Wednesday after the U.S. The dollar hit a 14- month high and the benchmark U.S. 10- year Treasury note yield hit its highest level since July 7 after the Fed's projections suggested that some officials see rates rising more quickly than the U.S. central bank projected three months ago.