MarketWatch.com - Top Stories

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MarketWatch.com - Top Stories


The New York Post: Joel Osteen criticized for closing his Houston megachurch amid flooding
Televangelist Joel Osteen cancelled services at his Houston megachurch Sunday and has yet to reopen its doors — despite the fact that thousands of flooded-out residents are desperately seeking shelter.

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The Wall Street Journal: U.S. delays penalties on Canadian lumber imports for two months
The Trump administration said Monday it would delay for two months the imposition of penalties on imports of Canadian lumber, citing continuing bilateral negotiations over the nettlesome trade dispute.
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Beat the System: The crazy math of government flood insurance
10 things politicians won’t tell you about FEMA’s flood insurance.
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Uber will have to pay up to get Dara Khosrowshahi as CEO
Uber Technologies Inc. has offered its open CEO seat to Expedia Inc.’s top boss, Dara Khosrowshahi, and if he accepts it could cost Uber around $200 million. That’s because Khosrowshahi is currently sitting on about $184 million in unvested (TICKER:EXPE) stock options as of Monday’s close, according to FactSet
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The Wall Street Journal: Trump Organization attorney admits pursuing Moscow tower deal during campaign
Michael Cohen, an attorney for the Trump Organization, discussed a prospective real-estate deal in Moscow with Donald Trump on three occasions during the presidential campaign, Cohen said in an interview with The Wall Street Journal.
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Trump Today: Trump Today: President promises ‘rapid action’ for Harvey aid
President Donald Trump on Monday promised quick action by the government to aid states impacted by Hurricane Harvey, defended his pardon of ex-Sheriff Joe Arpaio and met with the president of Finland at the White House.
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Project Syndicate: 3 risks for Americans from President Trump’s latest trade fight with China
There may well be merit to the allegations, but punitive action would have serious consequences for U.S. businesses and consumers, warns Stephen S. Roach.
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These shoppers aren’t convinced Whole Foods will stop being ‘Whole Paycheck’
The merger with Amazon brings lower prices, but some customers say they aren’t low enough.
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Market Extra: What will it take to derail euro rally?
The euro appears on its way to topping the psychologically important $1.20 barrier against the U.S. dollar for the first time since January 2015, potentially cementing what some see as a newfound role as a haven currency.
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The Wall Street Journal: Trump lifts ban on surplus military gear, such as grenade launchers, for police
President Donald Trump on Monday reinstated the ability of local police agencies to receive surplus military equipment, including grenade launchers and large-caliber weapons, reversing a ban that the Obama administration had implemented following protests over police tactics in Ferguson, Mo.
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