Stocks: 5 things to know before the U.S. open


Here is the latest World News from CNN Money.

Stocks: 5 things to know before the U.S. open
Here’s what you need to know about the markets before you start your business day.

Apple has already sold out of jet black iPhone 7
The new iPhone 7 Plus and jet black iPhone 7 have sold out during the pre-order period and will not be available for walk-in customers when they finally goes on sale on Friday.

U.K. approves controversial nuclear project
Britain’s new prime minister has given the green light to a controversial nuclear power project involving French and Chinese firms.

Dyson’s $399 hairdryer: Just a lot of hot air?
Dyson has launched its high-end Supersonic hairdryer in the U.S. for $399 each. CNNMoney tests out the gadget to see if its worth the money.

Russian hackers release data of 25 Olympians
Russian hackers have released confidential information about dozens more international athletes after earlier leaking data about U.S. Olympic stars including Simone Biles and Venus Williams.

Chinese tycoon’s $1 billion divorce settlement
Zhou Yanhui, the chairman of online gaming firm Beijing Kunlun Tech, has agreed to transfer hundreds of millions of shares in the firm to his wife, Li Qiong.

U.S. opens Wells Fargo probe
The Department of Justice has issued subpoenas to Wells Fargo over the opening of millions of fake accounts, a U.S. official told CNN.

Lucky number 7! Apple’s stock is soaring
Apple’s stock has soared in the past few days thanks to strong pre-orders for its new iPhone 7 and reports of solid demand for Apple chip suppliers. The flaming battery problems that Samsung is facing isn’t hurting Apple either.

Will Warren Buffett break silence on Wells Fargo?
The Oracle of Omaha’s Berkshire Hathaway owns a huge stake in Wells Fargo. But Warren Buffett has yet to utter a peep about the fake-account scandal that’s hurt the bank’s reputation — and its stock.

Can Volkswagen make an unhackable car?
Read full story for latest details.

Where black market iPhones are a hot item
Read full story for latest details.

Europe demands YouTube pay more to artists
Europe has opened a new battlefront in its war against big U.S. tech, announcing draft rules that could force YouTube to pay more money to the music industry.

Former Murdoch execs misled U.K. parliament
Two former senior executives at Rupert Murdoch’s U.K. newspapers have been found guilty of misleading parliament over phone hacking by News of the World journalists.

Confirmed: The biggest takeover of the year
Read full story for latest details.

Stocks: 5 things to know before the U.S. open
Here’s what you need to know about the markets before you start your business day.

What it’s like to ride in a self-driving Uber
Read full story for latest details.

Brexit: EU tells Britain it can’t pick and choose
Britain can forget about having ‘a la carte’ access to Europe’s vast markets, the EU’s top official said Wednesday.

Bank CEO ‘sorry’ for fake account scandal
Wells Fargo CEO John Stumpf said he’s “sorry” for the fake-account scandal at the bank but he has no plans to resign despite the growing firestorm.

Samsung to limit battery charging on Note 7
Samsung says it’s planning to roll out a software fix for Galaxy Note 7 phones in South Korea that will prevent the batteries from charging above 60% of their capacity.

iOS 10 update caused major headaches
Read full story for latest details.

‘The Great British Bake Off’ loses hosts
‘The Great British Bake Off’ isn’t just moving to a new channel; it’s going there without its hosts, Sue Perkins and Mel Giedroyc

Fans stream Nelly to help him pay debt
After reports that the rapper is facing a $2.4 million tax lien, folks are streaming his music and offering tributes to him as part of the effort to #SaveNelly.

Elizabeth Warren to grill Wells Fargo at hearing
Wells Fargo will be questioned by the Senate banking committee on September 20 as Elizabeth Warren and other outraged lawmakers look into the creation of millions of fake accounts at the bank.

iOS 10 is all about fun messaging and photos
Apple’s new iOS 10 software for iPhones and iPads is packed with fun updates for messaging and photos.

JPMorgan nudges Wells Fargo off perch
Embattled Wells Fargo was surpassed by JPMorgan Chase on Tuesday as America’s most valuable bank.

Russian hackers steal Rio athletes’ medical data
A group of Russian cyber criminals known as Fancy Bear has hacked the World Anti-Doping Agency database, stealing medical data of athletes competing at the Rio Olympics, the agency said Tuesday.

Middle class Americans get a big raise … finally!
Median household income rose $56,516 in 2015, up 5.2% from a year earlier, according to new Census Bureau figures.

Want to pre-heat your GE oven? Just ask Alexa
Want to pre-heat your GE oven? Just ask Alexa

Trump: Yellen should be ‘ashamed of herself’
Read full story for latest details.

Samsung: Not last to have exploding batteries
Read full story for latest details.

You can buy a wire for Apple’s wireless AirPods
Apple’s new wireless AirPods are not even on sale yet, but accessory makers are already trying to cash on people who are worried about losing the pricey headphones.

London tries to save its black cabs from Uber
London’s iconic black cabs are getting a boost from the mayor, who has swooped in with plans to help their business while holding back competitors like Uber.

iPhone 7 pre-sales are through the roof
T-Mobile and Sprint announced on Tuesday pre-orders for the iPhone 7 are up nearly four times from the previous two models.

Market volatility is back from summer break
Read full story for latest details.

Snowden: Why Obama should pardon me
The whistle-blower is making his case for a presidential pardon, saying his decision to leak highly classified documents helped bring about much needed change.

Zuckerberg bets millions on an Indian teacher
Zuckerberg and Priscilla Chan’s philanthropic foundation just helped fund an Indian teacher’s self-learning app, BYJU’s.

How to become a fitness guru to the stars
Tracy Anderson runs a fitness empire, with devotees including Jennifer Lopez, Gwyneth Paltrow and Kim Kardashian.

Time Inc. replaces CEO in surprise move
Rich Battista, the head of Time Inc.’s U.S. titles, is taking over for Joe Ripp, “effective immediately,” according to a statement from the company.

Facebook faces revenge porn lawsuit from teen
Facebook has lost its bid to block a lawsuit by a 14-year old girl whose naked photo appeared on the platform.

Global glut forecast puts pressure on oil prices
Oil prices fell after the International Energy Agency said the global glut will last well into next year.

The $54 million hospital without any beds
Mercy Hospital’s Virtual Care Center is home to a variety of ‘telemedicine’ programs that allow patients to be remotely monitored round-the-clock.

Stocks: 5 things to know before the U.S. open
Read full story for latest details.

China: the first trillion dollar aviation market?
Read full story for latest details.

Artist stuck on ‘ghost ship’ after bankruptcy
British filmmaker Rebecca Moss is stuck aboard a container ship stranded off the coast of Japan. Its operator, Hanjin Shipping, recently filed for bankruptcy protection.

BBC loses ‘The Great British Bake Off’
The BBC is about to be home to a lot fewer “soggy bottom” jokes — “The Great British Bake Off” is leaving for another network.

Fake Wells Fargo accounts leader gets payday
Wells Fargo exec Carrie Tolstedt, head of the division that regulators say created millions of fake accounts, stands to walk away with a $124 million payday when she retires at the end of the year.

George Carlin’s pre-9/11 routine now out on CD
On September 9 and 10, 2001, George Carlin performed in Las Vegas, working out material for a planned live HBO special that was to derive its title from his closing routine: “I Kinda Like It When a Lotta People Die.”

IMF’s Christine Lagarde faces trial in fraud case
Christine Lagarde, the head of the International Monetary Fund, will stand trial in a fraud case, a French court ruled Monday.

Wells Fargo scandal: Elizabeth Warren wants answers
Elizabeth Warren and four other Senate Democrats called on Wells Fargo CEO John Stumpf to testify on the fake account scandal rocking the big bank.

Is the September stock swoon already over?
Stocks tanked on Friday as investors started to worry about the Federal Reserve raising interest rates. But all was calm on Monday. Are investors over their rate hike fears or will the bears return?

Charlie Hebdo sued over quake cartoons
Italian town Amatrice has asked prosecutors to take action against magazine Charlie Hebdo for depicting earthquake victims as pasta dishes.

Mass transit starts to embrace electric buses
Some transit agencies are starting to transition to electric buses.

Man United sets $761 million revenue record
Manchester United reported $761 million in revenue — a new record for any soccer league.

Saudi Arabia and Iran hike oil production
Read full story for latest details.

How this billionaire is transforming a U.K. city

Stocks: 6 things to know before the U.S. open
Read full story for latest details.

EU to probe ethics of top Goldman Sachs hire
Did former EU boss Jose Manuel Barroso violate ethics rules by taking a job at Goldman Sachs?

Samsung shares plummet on Note 7 warnings
Samsung shares plunged 7% after the company told owners of its high-end Galaxy Note 7 phone to stop using the devices.

Bank customers livid over phantom accounts
Wells Fargo customers express outrage over unauthorized accounts opened in their names.

Clinton’s stumble shows transparency problems
Read full story for latest details.

Clinton not feeling well, leaves 9/11 event early

Vietnam photo reignites Facebook debate
For news organizations that would normally never show nudity of any kind, printing the photo of a naked Vietnamese girl screaming in pain and terror after a napalm attack was a no-brainer. In fact, they knew, it belonged on the front page. Facebook treated it like child porn.

Larry King: Trump interview wasn’t for podcast
Read full story for latest details.

Remembering what it was like to anchor on 9/11
Fifteen years later, Aaron Brown still hears from viewers thanking him for his coverage of the 9/11 attacks. In a rare interview, he reflects on the experience.

Elon Musk to reveal autopilot improvements for Tesla on Sunday
Elon Musk will be revealing autopilot improvements for Tesla cars and holding a Q&A with the media on Sunday.

Confused about the Samsung Galaxy Note 7 recall? Here’s what to do
Samsung is advising customers to voluntarily replace their Samsung Galaxy Note 7s in select countries.

Samsung to Galaxy Note 7 users: Power down
The U.S. Consumer Product Safety Commission says it is working with Samsung to formalize an official recall on the Galaxy Note 7.

MasterCard slapped with $18.6B lawsuit
MasterCard is facing a gargantuan lawsuit over claims it ripped off U.K. consumers between 1992 and 2008.

Volkswagen engineer pleads guilty to charges
Volkswagen engineer pleads guilty to criminal charges in diesel cheating case, faces five years in prison.

TGIF? Not this one. Dow plunges 300 points
Stocks sank as investors started to worry that interest rates are finally going to start creeping higher again. It’s not really a cause for panic, but it is a sign that investors got too used to rates being near zero for this long.

Do more heads need to roll at Wells Fargo?
Read full story for latest details.

Uber’s major license problem in Lagos
Read full story for latest details.

How to enforce FAA’s Galaxy Note 7 warning
Read full story for latest details.

Will religious tourism help Saudi Arabia’s budget?
Saudi Arabia is hoping religious tourists, including millions of Hajj pilgrims, could help plug a big hole in its budget.

Shipping delays plague iPhone 7 preorders
Shipping delays are plaguing the new Apple iPhone 7, angering fans.

U.S. tipoff led to Apple’s $14B EU tax bill
The U.S. Senate tipped off European authorities that Apple might be receiving illegal state aid from Ireland.

Stocks: 5 things to know before the U.S. open
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The Pokemon Go ‘watch’ has arrived
Nintendo and the Pokemon Company are releasing Pokemon Go Plus, a wearable gadget for the wildly popular smartphone game.

Facebook censors iconic Vietnam War photo
Mark Zuckerberg is coming under criticism for Facebook’s decision to delete one of the most famous war photographs in history.

Musk: SpaceX explosion is ‘most difficult’ failure
Elon Musk is still trying to pinpoint the source of a huge chain of explosions that destroyed SpaceX’s Falcon 9 rocket last week at Cape Canaveral.

This foldable bike helmet is made from paper
Read full story for latest details.

Only 1.9% of people in this city are unemployed
Read full story for latest details.

Apple’s ‘courage’ to eliminate headphone jack
Read full story for latest details.

Air China magazine article causes racism furor
Read full story for latest details.

Oil! Massive shale discovery in Texas
Apache discovered a new shale oil play in West Texas believed to contain billions of barrels of oil as well as lots of natural gas.

Mercedes-Benz van will carry fleet of robots
A robot company teams with Mercedes-Benz to make a van that serves as a ‘mothership’ for the robots.

It will now cost just $29 to fix a cracked iPhone
Apple dropped the price to repair a cracked iPhone screen to $29 as a part of its AppleCare+ warranty program.

Barnes & Noble reels as Amazon eats its lunch
Struggling book retailer Barnes & Noble hasn’t turned things around. The company — and its separate Barnes & Noble Education chain of college bookstores — reported more losses and weak sales. Can it ever compete with Amazon?

The iPhone 7 will cost Brits more. Blame Brexit
The iPhone 7 will cost Brits much more than the previous version. Blame Brexit.

Formula 1 has a new billionaire owner
Read full story for latest details.

Airbnb is cracking down on discrimination
Airbnb released a 32-page report detailing on how it will better foster an inclusive community and fight racism on its platform.

Will Twitter decide it’s finally time to sell?
Twitter’s board is meeting at a time where there is a lot of takeover speculation. Twitter CEO Jack Dorsey may get more time to right the ship. But Wall Street continues to bet Twitter’s days as an independent company are numbered.

Our verdict on the new iPhone 7
We tested the new iPhone 7, Apple Watch, and those adorable little AirPods first hand.

How central banks flood the world with money
The world’s four most powerful central banks have pumped more than $9 trillion into the global economy since the financial crisis.

What to know about Apple’s headphone jack
After months of rumors, Apple announced that it will eliminate the headphone jack from the iPhone 7 and iPhone 7 Plus. Here’s what you need to know.

A peak at the next great bikeshare system
Here are six new features expected to making bikesharing even more popular.

Google will call out sites for not being secure
Google wants to make the Internet safer, and it won’t be shy about pointing fingers at sites that don’t meet its standards.

Bank staff fired over 2 million phony accounts
Wells Fargo said on Thursday it fired 5,300 employees for creating ghost accounts over the past five years without the knowledge of customers. Regulators allege millions of these bank and credit card accounts were opened.

Oil soars as glut shrinks by most since ’99
A new report released on Thursday shows that U.S. stockpiles of crude oil fell dramatically last week, driven by problems caused by Hurricane Hermine in the Gulf Coast.

Air passengers warned not to use Galaxy Note 7
Air travelers are being warned not to use their Samsung Galaxy Note 7 smartphones on planes after the company recalled the devices over complaints the batteries can catch fire.

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