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Microsoft unveils Display Dock, a Lumia accessory that turns your Windows 10 phone into a PC

At its Windows 10 hardware event today in New York City, Microsoft unveiled the Display Dock. This accessory extends your Windows 10 phone into a PC-like experience, though Microsoft did not share a price. The feature that makes this possible is called Continuum. In short, if you connect an external display, mouse, and keyboard to […]

'Marco Rubio is Insisting That His Massive Tax Cuts Will Pay for Themselves'

Ezra Klein: Why Marco Rubio is insisting that his massive tax cuts will pay for themselves, explained: On Tuesday, Marco Rubio told CNBC's John Harwood that his massive tax cuts — which estimates have found would blow a roughly $4.....

How The UAW Can Avoid Another Defeat At Fiat Chrysler

United Auto Workers union leaders are back at the bargaining table with Fiat Chrysler Automotive, after the embarrassment of seeing their first try at a pattern contract go down to defeat. The fault lay not in the contract itself, as I reported last week, but in the miscommunication between the union [...]

Twitter’s Dorsey faces three big hurdles

If Jack Dorsey can extend Twitter’s appeal, he’ll almost certainly lodge his name among Silicon Valley’s legends. ||| San Francisco - Twitter’s appointment of Jack Dorsey as its chief executive officer on October 5 was brimming with strained optimism. Show More Summary

Bernanke says ‘not obvious' economy can handle interest rates at 1%

``Former Fed Chairman Ben Bernanke said Monday that he was not sure the economy could handle four quarter-point rate hikes... That argument assumes the Fed can raise rates 100 basis points and it wouldn't hurt anything, Bernanke said. Show More Summary

Bumping Into Resistance

Friday’s weaker than expected jobs report appears to be providing investors with a sigh of relief, as the prospect of higher rates momentarily dims. The shift has resulted in a weaker dollar and higher commodity prices, which are...

Air France In Tatters: Labor Strife Complicates Much-Needed Restructuring

The once proud French flag carrier Air France is in dire difficulties as it seeks to cut costs and connections after the pivotal pilots union again rejected management's restructuring plans. The French government would rather not have...Show More Summary

Actually, wages are going up (DIA, SPX, SPY, QQQ, TLT, IWM)

The September jobs report was a big disappointment. Behind the weaker-than-expected payroll gains (+142,000 vs. expectations for +201,000) was something even more discouraging: a lack of wage growth. But in a note to clients on Tuesday, Drew Matus at UBS writes that when you adjust wages for inflation, Americans actually are getting paid more. Show More Summary

'The Flash,' The Most Challenging DC Film, Gets First-Time Director With History Of Writing Flops

Image from 'The Flash,' courtesy of Warner Bros. It is not Seth Grahame-Smith's fault that he has been hired by Warner Bros. /Time Warner to write and direct The Flash even though he has zero theatrical directorial experience and next-to-no proven filmmaking experience. We all know how this song goes, with a young relatively inexperienced [...]

The Effect Of State Taxes On The Geographical Location Of Top Earners: Evidence From Star Scientists

Enrico Moretti (UC-Berkeley) & Daniel Wilson (Federal Reserve Bank of San Francisco), The Effect of State Taxes on the Geographical Location of Top Earners: Evidence from Star Scientists: Using data on the universe of U.S. patents filed between 1976 and 2010, we quantify how sensitive is migration by star scientist...

Company Run By 30-Year-Old Former Hedge Fund Manager Starts Study To Get Its Alzheimer's Drug Approved

Axovant Sciences, the Alzheimer's startup founded by former hedge fund manager Vivek Ramaswamy, announced this morning that it has begun a 1,150-patient study aimed at getting RVT-101, the Alzheimer's drug that the company purchased from GlaxoSmithKline, approved by the Food and Drug Administration. In another positive step for the company, Axovant [...]

Gold price lifts slightly despite weak physical demand

Investors remain focused on Federal Reserve, while Chinese holiday weighs on demand.

More Legacy Making: The NYT Really Really Likes the TPP

Why does the NYT find it so hard to separate its news reporting from opinion when it comes to trade deals? Yet again, we are told that the Trans-Pacific Partnership (TPP) can be "legacy making" for President Obama. After all it is: "drawing...Show More Summary

How a secret Chinese military drug based on an ancient herb won the Nobel Prize

Nearly 50 years ago, Tu Youyou began working on a classified Communist military project using clues from ancient Chinese medicine in search of new cures for malaria. Today, Tu shared the Nobel Prize for Medicine in recognition of her work, which has led to one of the world’s final and most potent defenses against a […]

Allergy risk: Cheerios cereal recalled

General Mills offers replacements or refunds after recalling 1.8 million boxes of Cheerios and Honey Nut Cheerios in the US. ||| New York - General Mills is recalling 1.8 million boxes of Cheerios and Honey Nut Cheerios produced at a plant in Lodi, California, saying the cereal is labelled gluten-free but actually contains wheat. Show More Summary

Lending Startup Bond Street Offers Cheaper Loans to WeWork Members

The small business lending firm, which recently raised $110 million in a June funding round, now offers discounted loans to members of WeWork, a national co-working landlord.

Jennifer Aniston mocks American airlines and brags about the luxury of Emirates

Jennifer Aniston, American sweetheart, is starring in a new television ad for Emirates airlines. A celebrity promoting luxury airline service may make you say "So what?" but this is a more controversial advertisement than is immediately apparent. Show More Summary

An activist is telling GE to do something it's already working on (GE, MDLZ)

This could be Nelson Peltz's easiest campaign ever.General Electric shares gained 4% today after news that the activist investor is taking a stake in the company. In this case though, Peltz may not have much of a fight on his hands and it seems even he knows it. Show More Summary

FanDuel And DraftKings Have Some Explaining To Do

Earlier today, FanDuel and DraftKings, staunch rivals in the realm of daily fantasy sports, published separate reports on their respective websites that join the two together in apology explanation.  FanDuel's statement begins by noting that "there has been recent attention on industry employees playing on FanDuel and DraftKings."  Thereafter, each company [...]

‘Steve Jobs’ review: Finally, a great film about Apple’s fiery genius

REVIEW: It’s not easy to make a good movie about Steve Jobs (Sorry, Ashton Kutcher. You tried.) But, finally, director Danny Boyle and screenwriter Aaron Sorkin have given us Steve Jobs, a movie that distills Steve’s huge, complicated persona into a tightly-wound backstage thriller. It’s understandable if you feel repelled by the idea of another Jobs […]

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