Wednesday, April 18, 2018
Amazon and Best Buy partner to sell smart TVs
Best Buy is thriving thanks to strong sales of TVs, smartphones and other gadgets. A new deal with Amazon to sell 4K and HD sets with Amazon's Fire TV built in could be another boost. But Amazon faces tough competition in streaming.
Amazon and Best Buy partner to sell smart TVs
Brick-and-mortar retail is dead? Don't tell that to Best Buy. Or Amazon for that matter. The two companies announced a partnership Wednesday to sell smart televisions in Best Buy stores that run on Amazon's Fire TV operating system.
Netflix plans $1 billion European investment drive - FT
April 18 (Reuters) - Netflix Inc will raise its investment in content across Europe and plans to spend about $1 billion on original productions this year, the Financial Times reported on Wednesday, citing people briefed on the plans.
TABLE-Easing trade fears spur demand for U.S. stock funds
By Trevor Hunnicutt NEW YORK, April 18 (Reuters) - Waning trade-war fears drove fast-money investors back into the market, helping U.S.-based stock funds net cash for the first time in four weeks, Investment Company Institute (ICI) data showed on Wednesday. U.S.-based equity funds collected $5.2 billion in new cash during the seven days ended April 11, according to the trade group, following three weeks of punishing withdrawals of tens of billions of dollars. More than $6.2 billi
Southwest not inspecting all CFM engines, source says
NEW YORK, April 18 (Reuters) - Southwest Airlines Co is not inspecting all of its CFM56 engines, the model involved in Tuesday's mid-flight engine explosion, instead focusing on older models, according to a person with knowledge of the situation.
BRIEF-Netflix Plans To Spend About $1 Billion On Original Productions In 2018 in Europe - FT
* NETFLIX TO INCREASE ITS CONTENT INVESTMENT ACROSS EUROPE WITH PLANS TO SPEND ABOUT $1 BILLION ON ORIGINAL PRODUCTIONS IN 2018 - FT, CITING SOURCES Source text - https://on.ft.com/2HCz9b0 Further company coverage:
Starbucks' Howard Schultz: 'Ashamed' by arrests at Philadelphia store
"Many people in America are not prepared to talk about race," Starbucks founder Howard Schultz said.
Starbucks' Howard Schultz: 'Ashamed' by arrests at Philadelphia store
Starbucks founder Howard Schultz says he was "ashamed" and "embarrassed" by the arrests of two black men at one of the coffee chain's stores.
Former Obama economist Austan Goolsbee joins Quest on 'Markets Now'
Read full story for latest details.
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Premarket: 6 things to know before the bell
Here's what you need to know about the markets before you start your business day.
Trump bashes TPP; Tesla's Model 3 ambitions; Starbucks shutdown
1. Trump bashes TPP: President Donald Trump has renewed his attack on a huge Pacific trade pact just days after raising the possibility of the United States rejoining it.
Trump renews attack on TPP: 'I don't like the deal'
President Donald Trump has renewed his attack on a huge Pacific trade pact just days after raising the possibility of the United States rejoining it.
China Conducts War Games, and Taiwan Is the Target
Chinese state media released this photo from the country’s largest naval exercises in decades, carried out last week off Hainan Island. An analyst compared those exercises to a military parade, but she said China’s live-fire drills Wednesday in the Taiwan Strait were “a warning.” 
Trump Requests Extension to File 2017 Taxes
The White House said Mr. Trump filed an extension for his 2017 tax return and that he will submit his complete return by mid-October. 
No Disclosure? No Problem. Sean Hannity Gets a Pass at Fox News.
The prime-time host, who is the top ratings draw in cable news, has a longer leash than others at the network. 
A Southwest Airlines Engine Explodes, Killing a Passenger
A Southwest Airlines plane at Philadelphia International Airport after it made an emergency landing there on Tuesday. One person was killed after an engine exploded in midair. 
UPDATE 1-German prosecutors investigate Porsche board member over emissions
* Stuttgart prosecutors probe Porsche over emissions manipulation
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