Articles

: Costco to offer members medical-care access. Here are the retailers moving into healthcare.

Costco is giving members access to Sesame, which includes $29 virtual primary care visits, $72 in-person check-ups, and $79 therapy visits.

: Xerox to buy back stock owned by Carl Icahn for $542 million

Xerox's stock turned lower, after the copier maker said it will buy back all of its shares owned by activist investor Carl Icahn.

: As Target, Best Buy and Walmart sales loom, foot traffic data indicates pent-up demand

Retail giants Target, Best Buy and Walmart will be holding sales events in October

Economic Report: Jobless claims stay extremely low at 204,000. No sign of rising U.S. unemployment.

The number of Americans who applied for unemployment benefits rose slightly to 204,000, but layoffs remained low and there was no sign of rising unemployment.

Economic Report: U.S. economy grew 2.1% in second quarter, GDP shows. Third quarter may be even stronger.

The U.S. economy grew at a solid 2.1% annual pace in the second quarter, revised figures show, but consumer spending turned out to be weaker than originally reported.

: U.S. new-car sales seen rising more than 13% in September

U.S. sales of new vehicles are expected to jump 13.8% in September, which would be the second straight month of double-digit sales as a strike hampers production at the Big Three carmakers.

The Margin: Powerball jackpot climbs to $925 million

No one claimed the top prize in Wednesday night's drawing.

Banking: Citigroup in talks to sell China retail-wealth unit to HSBC: Reports

Citi moves to sell unit to HSBC two years after revealing plans to focus on commercial banking.

: Ryan Cohen becomes GameStop CEO and social media reacts: ‘Changing the paradigm on Wall Street’

GameStop shares surged in pre-market trades Thursday after activist investor Ryan Cohen was named CEO

: Chico’s FAS to be taken private by Sycamore Partners in $1 billion deal, sending stock up 61%

Clothing retailer's board has approved the deal which will take the company private.

Europe Markets: Ams-OSRAM loses a quarter of market value as traders balk at $2.1 billion fundraising

Ams-OSRAM lost more than a quarter of its market value on Thursday after the heavily-indebted electronics groups set out plans to raise more than €2 billion ($2.1 billion) as it strives to bolster its balance sheet.

Banking: JPMorgan Chase to offer 6% interest rate for minimum of $5 million in high-end CD product: WSJ

Six-month certificate of deposit (CD) with 6% interest rate is being offered for a limited time to fresh money coming into the bank.
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