European Commission President Jean-Claude Juncker says Turkey "is not in a position to become a member [of the EU] anytime soon and not even over a longer period." If Turkey reintroduces the death penalty, negotiations regarding membership will end immediately, Juncker says.
Uber and Lyft are providing rentals and leasing deals to would-be drivers who do not have their own cars. The programs help the ride-hailing startups get more vehicles on the road, but critics say the terms are unfavorable for drivers.
Some school districts in Indiana are limiting how teachers and students can communicate with one another, with some prohibiting text messaging or social media contact, officials say. Other districts, however, allow such contact, but they are training teachers to set boundaries with students.
Financial Stability Board Chairman Mark Carney has sent a letter to Group of 20 finance ministers and central bank governors stating that maintaining the resilience of central counterparties is a priority for the remainder of 2016.
Domino's expects to have the best sales of any large US restaurant chain this quarter. Its improved pizza recipe, enhanced marketing campaigns and easier digital ordering have contributed to the chain's success.
A law signed by President Barack Obama last week calls for better tracking of cases of newborns exposed to heroin and opioid drugs and "safe care plans" for the infants and their families. Only nine states had been following a reporting mandate in a 2003 law.
Facebook gets 67.9% of global social ad revenue, compared to nearest rival Twitter's 7.9%, eMarketer reports. The potential for more growth is high, as the platform hasn't even implemented any advertising yet on Messenger or WhatsApp, each of which have more than 1 billion users.
LVMH Moet Hennessy Louis Vuitton will sell fashion brand Donna Karan International to G-III Apparel Group in a $650 million deal, the company announced Monday. The move marks the second fashion brand sale for LVMH, which sold Christian Lacroix in 2005.
Nintendo is claiming that "Pokemon Go" will add little to its earnings, despite the company owning a 32% stake in creator Pokemon Co. and part of partner Niantic. Shares plummeted 18% following Nintendo's statement, but Macquarie Securities Group senior analyst David Gibson says the market "has overreacted."
The FDA awarded breakthrough therapy status to Pfizer and Spark Therapeutics' investigational hemophilia B gene therapy SPK-9001, a bioengineered adeno-associated virus capsid. The drug is being evaluated in a Phase I/II study as a potential one-time, intravenous treatment.
CNN political commentator Donna Brazile has mutually agreed to suspend her contract with the network as she steps into the role of interim chair of the Democratic National Convention, and her contract will be re-evaluated at the end of the convention. This comes after Debbie Wasserman Schultz resigned after emails were leaked showing that the party favored Hillary Clinton over Bernie Sanders.
The Body Shop is using "gorilla" marketing to promote its Bio-Bridges campaign by creating Tinder profiles for Reggie, a red-shanked douc monkey from Vietnam. The company hopes to create wildlife corridors in damaged ecosystems that can help primates and other animals find mates.
Aerospace Industries Association President and CEO David Melcher highlights the industry's work with government to accelerate the foreign military sales process. "I think everybody is cognizant now that American competitiveness rides on our ability to be successful with FMS," he said during an interview at the Farnborough International Airshow, noting "two years, three years will not work" for approval timelines.
JetBlue is now offering unlimited free, brand-name snacks on its flights including Craisins, Cheez-Its and Coca-Cola products. The move was praised by AirlineQualityRating.com, which named the airline, along with others such as Hawaiian and Alaska airlines, among its top five for customer service.