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Weak British retail sales flash ‘warning sign’ for crucial shopping season

British consumers have pulled back on splashing out for big ticket items and clothing. That’s a ‘warning’’ for a retail industry that has already entered a key trading period for the year.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BC1B12ED2-C3CF-11E7-90EA-C4904B2C78F3%7D&siteid=rss&rss=1

London Markets: Tumble for retailers helps send FTSE 100 to lower close

U.K. blue-chip stocks close lower Tuesday, pulling back from a record made in the prior session, as shares in retailers decline following downbeat industry sales figures.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B42869EA2-C38F-11E7-90EA-C4904B2C78F3%7D&siteid=rss&rss=1

After International Red Cross admits $6 million in Ebola aid stolen: How to vet charities

Be cautious about where to donate in wake of a tragedy.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BDE2197A2-8F48-11E7-870C-6A0275252EA1%7D&siteid=rss&rss=1

Tim Mullaney: The five or six dumbest things about Trump’s tax bill

There are a lot of dumb things about the Republican tax plan, but Tim Mullaney says he’s found the dumbest one of all: millions of working people will pay more in taxes.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B291736BC-C3CA-11E7-A6A6-8C61E102EC56%7D&siteid=rss&rss=1

Capitol Report: Here’s what could derail the global economic rebound, according to UBS

As 2018 forecast season revs up, the economists at UBS are out with a pretty gloomy assessment considering the booming growth the world has seen this year.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B1C155386-C3CF-11E7-82FA-46AD101A9B0D%7D&siteid=rss&rss=1

NBA doubles down on virtual reality in broadcasting partnership with Intel

The league, along with Time Warner Inc.’s Turner Sports, announced a multiyear partnership with Intel Corp. on Tuesday in which the two will broadcast live games in virtual reality.

Source: http://www.marketwatch.com/news/story.asp?guid=%7B5104F5BE-C32B-11E7-90EA-C4904B2C78F3%7D&siteid=rss&rss=1

Disney-LA Times dispute escalates as critics ban Disney films from awards consideration

Critics say ‘Disney’s response should gravely concern those who believe in importance of a free press’

Source: http://www.marketwatch.com/news/story.asp?guid=%7B6ABF7630-C3D2-11E7-90EA-C4904B2C78F3%7D&siteid=rss&rss=1

Teva’s stock and bonds walloped after Fitch downgrade to junk

Teva Pharmaceutical Industries’s stock slid 6% and its bonds dropped several points Tuesday, after Fitch Ratings downgraded the credit to junk, following disappointing earnings last week.

Source: http://www.marketwatch.com/news/story.asp?guid=%7BC9269E30-C3D0-11E7-90EA-C4904B2C78F3%7D&siteid=rss&rss=1

Market Snapshot: Stocks hit records, but pare gains as investors await clarity on tax policy

U.S. stocks trade flat, but near all-time highs on Tuesday, as the latest round of corporate earnings failed to push major indexes further into record territory.