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August 17, 2017 8:31 PM Wal-Mart Stores, L Brands and Cisco Systems skid

The equipment rental company said it will buy Neff Corp. for about $596 million. The retailer had a solid second quarter, but couldn't sustain a monthlong rally in its stock price. The parent of Victoria's Secret lowered its annual profit forecast as sales kept weakening. The technology company said revenue from switching products dropped in the last quarter 23

August 15, 2017 9:19 PM What will the weather be for solar eclipse?

'Eclipse chasers' travel globe to see sun go dark For complete coverage of the Eclipse of the Century go to Watch live, in virtual reality, as the eclipse moves coast to coast on August 21st. (CNN)It's probably the most anticipated weather forecast in recent memory. Millions of people across the United States are eagerly tuning in to their 40

August 14, 2017 9:07 AM Euro zone June industry output drops by more than expected

BRUSSELS (Reuters) - Industrial output in the 19 countries sharing the euro currency fell by more than expected in June, as the production of capital and durable goods fell following sharp increases in the previous month, European statistics office Eurostat said on Monday. Factory output fell most in Ireland and Malta, while the euro zone's two largest 21

August 13, 2017 4:54 PM What’s Really Behind the Eurozone’s Economic Turnaround

Many economists may have underestimated the role of improvements to the supply side of the eurozone economy It is now four years since the start of the remarkable Spanish economic recovery. Yet at the time, few saw it coming. Back in July 2013, the International Monetary Fund forecast that it would take until 2018 for Spanish economic growth to barely 11

August 10, 2017 12:19 PM Hurricane Franklin makes landfall on Mexico's coast

Hurricane Franklin roared ashore on a thinly populated part of Mexico's central Gulf coast early Thursday and began weakening as it pounded a mountainous region prone to flash floods and mudslides with rains and heavy winds. Franklin became the first hurricane of the Atlantic season on Wednesday and hit north of Veracruz city as a Category 1 storm early 58

August 10, 2017 11:50 AM The pursuit of the Grand Slam begins for Jordan Spieth

Jordan Spieth begins his pursuit of the final leg of the career Grand Slam under a surprisingly blue sky at the PGA Championship. Scattered storms are in the forecast all week at Quail Hollow Club, which is likely to make the 7,600-yard course feel even longer. Spieth, needing only the PGA Championship to have all four majors, at least begins his round 20

August 7, 2017 3:01 AM Tropical Storm Franklin Forms in the Caribbean; Tropical Storm Warnings Issued for Mexico

August is historically the beginning of the annual ramp up of hurricane season in the Atlantic, and right on cue, Tropical Storm Franklin has formed in the western Caribbean. Franklin is expected to be a rainmaker, but it has the potential to quickly be a wind producer too. A second area of lower pressures is being watched in the central Atlantic 24

August 4, 2017 7:41 PM Puerto Rico to furlough workers, proposes pension plan reform

(Reuters) - Puerto Rico's federally appointed financial oversight board said on Friday it will institute a two-day per month work furlough for government employees, excluding frontline law enforcement personnel, in an effort to achieve $218 million in savings. The plan, which originally envisioned a four-day per month furlough, is set to begin on Sept. 1 and last throughout 26

August 4, 2017 4:44 PM Strong U.S. jobs report bolsters case for further Fed tightening

WASHINGTON (Reuters) - U.S. employers hired more workers than expected in July and raised their wages, signs of labor market tightness that likely clears the way for the Federal Reserve to announce a plan to start shrinking its massive bond portfolio. The Labor Department said that nonfarm payrolls increased by 209,000 jobs last month amid broad-based 27

August 3, 2017 10:43 PM Activision Blizzard’s Revenue and Profit Forecasts Surge Due to ‘Overwatch’

Activision Blizzard raised its full-year adjusted revenue and profit forecasts for the second time on Thursday, as the video game publisher benefits from higher digital sales and the popularity of its multi-player futuristic game Overwatch. The company raised its full-year adjusted profit to $2 per share from $1.88 per share and its adjusted revenue 26