Regulators in Japan, Europe and India want the Basel Committee on Banking Supervision to ease proposals for how financial institutions calculate capital requirements for financing trading and lending. US regulators support tougher capital requirements.
Researchers investigating pricing models in baseball ticketing found that dynamic pricing is important for flexibility and responsiveness, but also that setting one price, smartly, is effective. The research into dynamic pricing is in its infancy, Peter Fader says.
Many experts are advocating for US school districts to replace standardized tests with presentations, projects and portfolios -- particularly for struggling students. The experts say this approach more accurately reflects what students have learned, but critics worry that replacing exams could weaken education standards.
The Federal Reserve held interest rates steady Wednesday, as expected, but it offered an optimistic outlook on the economy and a diminished risk profile. Improvements in the labor market and the economy likely merit "gradual increases in the federal funds rate," the Fed said.
Whole Foods Market has filed an application to trademark the slogan "world's healthiest grocery store." The retailer trademarked the slogan "America's healthiest grocery store" in 2012, but Whole Foods is looking to update the slogan as the company plans to further its presence in Canada and the UK.
Researchers found that up to 1.65 million women of childbearing age in Central and Latin America could be at risk of being infected by the Zika virus in the first phase of the epidemic, and may put tens of thousands of infants at risk of developing Zika-related birth defects. The findings in Nature Microbiology, based on an enhanced Zika outbreak model, also predicted that Brazil may have a threefold higher infection total, compared with other affected countries.
Mobile ad spend accounted for 84% of Facebook's Q2 revenue, compared to 76% this time last year. The number of daily active users on the platform averaged 1.13 billion last month, up 17% from a year prior.
Under Armour will take over the former FAO Schwarz Fifth Avenue flagship in New York to open its own 53,000-square-foot flagship there in about two years, CEO Kevin Plank said. The athletic wear retailer will also start selling its wares at Kohl's stores next year, after Sports Authority's bankruptcy caused Under Armour to lower its revenue forecast.
Bellabeat has unveiled its next-generation, leaf-shaped health tracker and mobile app aimed at helping women monitor sleep, activity, stress and more. Dubbed the "Leaf Urban," the gadget is designed to be aesthetically pleasing and can be worn as a bracelet or a brooch or strung as a pendant on a necklace.
Janssen's Darzalex, or daratumumab, has been granted breakthrough therapy designation by the FDA for use in combination with Revlimid, or lenalidomide, and dexamethasone, and Velcade, or bortezomib, and dexamethasone for the treatment of multiple myeloma patients who have received at least one previous therapy. The designation was based on data from two late-stage studies.
T-Mobile US powered its way to its 13th consecutive quarter of netting at least 1 million new customers by adding 1.9 million subscribers in the latest period, of which 646,000 were postpaid, the company reported Wednesday. Revenues climbed 13% from the period a year ago, the higher earnings exceeded analysts' estimates, and the carrier raised its outlook for the rest of the year.
Environmental activists denouncing fracking at the Democratic National Convention are in denial, North Texans for Natural Gas spokesman Steve Everley writes. The Environmental Protection Agency notes fracking's contributions to clean energy and pollution reduction and that methane emissions actually dropped between 2005 and 2014 despite rising output, Everley writes.
JetBlue Airways generated net income of $180 million in the second quarter, an 18.5% increase over 2015. Revenues jumped to $1.6 billion for the period, a 2% increase. JetBlue CEO Robin Hayes said the carrier will build off yet another great quarter by continuing to grow its transcontinental market with the Mint premium service. "Mint has surpassed our expectations on every customer and financial measure," Hayes said.
San Francisco has lots of attractions for parents, children and toddlers to explore. The Exploratorium has fun-filled exhibits for little ones, Musée Mécanique offers vintage arcade games for kids and AT&T Park is perfect for adults to enjoy a Giants baseball game.