U.S. stocks opened slightly higher on Tuesday, with the Dow hitting another record, ahead of the two-day Federal Reserve meeting.Read More »
Think bitcoin is in bubble territory? Bitcoin, the No. 1 cryptocurrency, has drawn outsize attention over its parabolic rise—and the recent, brutal plunge it has been enduring in recent trade. A single bitcoin was worth about $3,900 in recent trade on Monday, off lows of the past few days, according to data site Coindesk.com, amid regulatory headwinds in China and critical comments from Wall Street pros like J.P. Morgan Chase & Co.’s CEO Jamie Dimon.
Equifax said on Tuesday that the massive breach of sensitive data might affect about 100,000 Canadians. "The information that may have been breached includes name, address, Social Insurance Number and, in limited cases, credit card numbers," Equifax said in a statement. Equifax's share price has fallen by about one-third since it disclosed the data breach, among the largest ever recorded, which included sensitive data like Social Security numbers, on Sept. 7.
T-Mobile (TMUS) and Sprint (NYSE:S) are in active talks about a merger, according to people close to the situation. Both companies and their parents, Deutsche Telekom and Softbank, have been in frequent conversations about a stock-for-stock merger in which T-Mobile parent Deutsche Telekom would emerge as the majority owner. People close to the situation stress that negotiators are still weeks away from finalizing a deal and believe the chances of reaching an agreement are not assured.