We have red arrows across all the major indices (^DJI, ^GSPC, ^IXIC) after China devalued its currency overnight rattling most major markets around the globe. What might the move mean going froward for stocks, oil and the Fed as it prepares the much expected rate hike?
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Here are some of the other stories that Yahoo Finance is keeping an eye on today.
The Google shuffle
The Silicon Valley giant is making some big changes to its corporate structure, creating a new umbrella company that will own Google (GOOGL) and a series of other firms like nest and the self driving car program. Google gets a new CEO -- Sundar Pichai -- who takes the reigns of the company that created and oversees Gmail, Google apps, Chrome, and Android, among others.
Speaking of reorganization, Symantec (SYMC) has a deal of its own. The Norton anti-virus software maker is selling its Veritas data storage business to a group of investors for $8 billion dollars. According to Symantec's CEO, the sale will allow the company to better focus on its security business.
Uber for healthcare
Rather than "Ubering" to a doctor appointment, you can now have the doctor Uber to you. A host of new startups are promising on demand healthcare for non-emergency issues. A doctor or nurse will show up to your doorstep and provide a range of services from giving flu shots to treating strep throat.
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