Here’s a look at some of the companies the Yahoo Finance team will be watching for you today.
IBM’s (IBM) latest project has it teaming up with some big names. Companies like JPMorgan, Barclays and Samsung will all work together with IBM to uncover practical uses for quantum computing. Researchers say this method crunches data faster and will surpass conventional computers in speed and power.
Ford (F) is denying a Reuters report this morning that the auto giant will build and import Fusion sedans from China to the United States. Ford currently assembles the Fusion in Mexico and said back in June it would transfer some production to China.
Wells Fargo (WFC) is handing out some pink slips. The Wall Street Journal reports the bank laid off around 60 workers from its mortgage division. Wells Fargo is currently under regulatory investigation after officials found it was improperly charging customers in many departments, including formortgages.
Walmart (WMT) is now paying workers earlier. Instead of waiting two weeks between paychecks, employees can now use an app to access a portion of wages for hours they have already worked. While the move is intended to reduce stress, labor groups say it doesn’t address the bigger problem —that Walmart doesn’t pay its workers enough.