Reuters - Business Today

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Wednesday, September 13, 2017

Futures dip with Apple

(Reuters) - U.S. stock index futures dipped on Wednesday as Apple fell on concerns about the price and shipping date of the new iPhone X and as North Korea showed a trademark defiance over new U.N. sanctions.

Target increases holiday season hiring to 100,000 workers

(Reuters) - Target Corp said on Wednesday it would hire about 100,000 workers for the holiday season, a 43 percent increase from last year, after keeping seasonal hiring flat for the last four years.

Surging gasoline prices lift U.S. producer inflation in August

WASHINGTON (Reuters) - U.S. producer prices rebounded in August, driven by a surge in the cost of gasoline, and there were also signs of a pickup in underlying producer inflation.

WhatsApp co-founder Brian Acton to leave company

(Reuters) - Brian Acton, co-founder of WhatsApp, now owned by Facebook Inc , will leave the messaging service company to start a new foundation, he said in a Facebook post on Tuesday.

Apple launches $999 iPhone X in bid to regain innovation lead

CUPERTINO, Calif. (Reuters) - Apple Inc on Tuesday rolled out its much-anticipated iPhone X, a glass and stainless steel device with an edge-to-edge display that Chief Executive Tim Cook called "the biggest leap forward since the original iPhone."

JPMorgan's Dimon says bitcoin 'is a fraud'

NEW YORK (Reuters) - Bitcoin "is a fraud" and will blow up, Jamie Dimon, chief executive of JPMorgan Chase & Co , said on Tuesday.

Northern Ireland leaders appeal to VP Pence on Bombardier challenge

BELFAST (Reuters) - A dispute between Boeing Co and Canadian rival Bombardier that risks thousands of jobs in Northern Ireland could impact peace in the region, the leaders of its two main parties warned U.S. Vice President Mike Pence.

HSBC's incoming chairman set to face CEO succession questions

LONDON (Reuters) - Mark Tucker, the incoming chairman of HSBC , will likely face questions over who will take over as CEO when he meets investors in Europe's biggest bank ahead of taking up his post at the lender in October.

Europe needs to raise its game in car batteries: VW brand chief

FRANKFURT (Reuters) - Volkswagen wants German and European industry to come together to help create a regional supplier of electric car batteries to provide competition to Asian manufacturers, the head of its core autos division told Reuters.

Viacom's MTV sees first summer ratings growth in six years

(Reuters) - Viacom Inc's MTV network had its first summer of ratings growth in six years, the network told Reuters this week, a sign that the company is seeing progress wooing back coveted younger viewers who watch shows online.