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Sears shares tumble on bankruptcy fears
– http://www.cnn.com/
CNN’s Paul R. La Monica explains why Sears shares plunged on bankruptcy rumors and what the future could hold for the struggling retailer.
Howard: Populism is long-term risk for stocks
– http://www.cnn.com/
Senior multi-asset specialist at BNP Paribas Mark Howard explains why investors are reacting to populism and political turmoil around the globe.
SoftBank upping bet on WeWork
– reuters.com
Japan’s SoftBank is in discussions to buy a majority stake in U.S. shared office space provider WeWork, a source said. Fred Katayama reports.
Vuitton propels LVMH growth in boost for luxury sector
– reuters.com
A standout performance by LVMH’s fashion and handbags business boosted third-quarter sales growth at the luxury goods company, providing an encouraging sign for an industry gripped by fears of a slowdown in China. Julian Satterthwaite reports.
The CEO of Gerber Kawasaki tells Reuters’ Fred Katayama Wall Street’s sell-off presents buying opportunities in shares of Walt Disney and Tesla.
Breakingviews TV: Amazon fail
– reuters.com
The $900 bln e-commerce giant scrapped a recruitment computer program that sidelined women candidates. Antony Currie and Jennifer Saba explain that algorithms are only as good, or as flawed, as their programmers. It takes people, not tech, to change that.
