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German transport minister Alexander Dobrindt is to travel to Washington, D.C., on Monday to discuss the Volkswagen AG emissions scandal with his U.S. counterpart Anthony Foxx, media reports said on Friday. Dobrindt is also set to meet with officials from the Environmental Protection Agency, which is probing the German automaker over alleged manipulation of emissions test for diesel cars. Volkswagen is also subject to a Justice Department investigation in the U.S. into any criminal misconduct. Volkswagen admitted last month to rigging emissions tests on some diesel cars in the U.S. and Europe and is preparing to recall up to 11 million vehicles.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Europe’s biggest bank by assets, HSBC Holdings PLC is considering moving its headquarters to the U.S. in response to recent reforms and regulations in the U.K. banking sector, the Financial Times reported. The U.K.-based bank already floated the idea of shifting its base away from London back in April, with Hong Kong seen as the obvious choice. HSBC was based there for more than 100 years and still makes most of its money in the Asian markets. However, according to the FT, bank executives are growing increasingly concerned about the political risk of ending up under Chinese control, instead turning their attention stateside. Advisers to the bank say the U.S. is one of the only countries that can accommodate a financial institution the size of HSBC, according to the report. Additionally, U.S. regulation is considered more friendly toward large international banks. A representative from HSBC declined to comment on the report. Shares were 1.2% higher in London.

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From:: Stock Market News

Harrowing tales of brave TOH readers who transformed the scariest house on the block into the most charming …read more

From:: DIY this old house

An easy up-cycled DIY piece using hairpin legs …read more

From:: DIY this old house

Microsoft Corp. is laying off about 1,000 employees, said media reports on Thursday citing unnamed sources. The cutbacks are in addition to earlier moves to eliminate about 7,800 jobs as part of an effort to revamp the former Nokia Corp. handset business, a Wall Street Journal report said. The layoffs represent less than 1% of the company’s workforce and affect multiple business units, a New York Times report said. Late Thursday, Microsoft reported better-than-expected profit for the quarter that ended in September.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Best Buy Co. Inc. will offer customers free shipping on all purchases between Oct. 25, 2015 and Jan. 2, 2016. Free shipping is normally available on minimum orders of $35. The company announced the news in a statement that included findings from The Best Buy Top Tech Survey, a poll of 2,000 men and women between the ages of 18 and 65. The top three tech gifts for 2015 are the Apple iPad, Bose QuietComfort 25 Acoustic Noise Cancelling Headphones, and the Apple MacBook, according to the study. Best Buy shares are down 9.8% for the year so far. The S&P is down 0.3% for the same period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Best Buy Co. Inc. will offer customers free shipping on all purchases between Oct. 25, 2015 and Jan. 2, 2016. Free shipping is normally available on minimum orders of $35. The company announced the news in a statement that included findings from The Best Buy Top Tech Survey, a poll of 2,000 men and women between the ages of 18 and 65. The top three tech gifts for 2015 are the Apple iPad, Bose QuietComfort 25 Acoustic Noise Cancelling Headphones, and the Apple MacBook, according to the study. Best Buy shares are down 9.8% for the year so far. The S&P is down 0.3% for the same period.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.

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From:: Stock Market News

Consumer Credit Default Rates Decrease in September 2015, with the composite rate ranking at 0.89 percent, down seven basis points from the previous month, according to data released by S&P Dow Jones Indices and Experian. The bank card default rate was 2.77 percent for September, up six basis points from August. The auto loan default […] …read more

From:: Finance and Economy

Taco Bell, a Yum Brands Inc. fast-food chain, is bringing back the “Steal a Base, Steal a Breakfast” promotion, in partnership with Major League Baseball. If a base is stolen during games one or two of the World Series, customers around the country will get a free A.M. Crunchwrap on Thursday, Nov. 5 between 7am and 11am local time at all participating Taco Bell restaurants. If a base is stolen during the remaining games, the free breakfast meal will be available on Tuesday, Nov. 10 between 7am and 11am. The World Series begins Tues. Oct. 27. Taco Bell began the “Steal a Base, Steal a Taco” promotion in 2007. It returned in 2008 and 2012. Yum Brands shares are down 18.6% over the past three months. The S&P is down 3% for the same period.

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From:: Stock Market News

Pandora Media Inc. shares fell more than 15% after hours Thursday after the company reported a third-quarter net loss of $85.9 million, or $0.40 per share, compared with a $2 million loss, or $0.01 per share, a year earlier. The Internet radio company reported adjusted earnings per share of $0.10, compared with $0.09 last year. FactSet’s consensus estimate was $0.10. Revenue for the quarter grew to $311.5 million from $239.5 million in the year-ago period, missing FactSet’s consensus of $313 million. Total listener hours grew 3% to 5.14 billion in the quarter, compared with 4.99 billion during last year’s same period, the company said, while revenue from advertising was $254.7 million, up 31% year-over-year, and subscription revenue was $56.9, an increase of 26%.

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From:: Stock Market News