Business News

Time to plan a trip to Europe

Today’s trading marks the last day of trading for the first quarter.  Earnings season is just around the corner.  

The dollar index, a measure against a basket of currencies, is on pace for its third quarterly gain in a row. Against the euro, which was down this morning, the dollar was up about 10.5% in 2015 . (Reuters)

As they work to reinvent themselves IBM is investing $3 billion in a unit centered on the Internet of Things. The unit's first partnership is with the Weather Channel's parent to move its data services into the IBM cloud. (AP)

As if you did not have enough drink choices. Starbucks has a new line of smoothies, priced at $5.95 for a 16-ounce size. This is part of a partnership with the maker of Dannon yogurt. (Reuters)

Could this be the future? McDonald's is introducing table service in Germany, while testing all-day breakfast in San Diego, as the fast-food chain tries to reinvent itself under new leadership. (Reuters & CNBC)

Colorado-based Vail Resorts is buying Perisher Ski Resort, the largest mountain destination in Australia for $136 million, in its first international acquisition. The deal gives Perisher season pass holders access to all of Vail's U.S. resorts. (CNBC)

The S&P 500 is down 13 and the NASDAQ is down 21. The MSCI international index was up 0.06% in yesterday’s trading.

Oil is down $1.11 at $47.57 a barrel. U.S. crude prices have lost more than 8.5% in the first three months of 2015-tracking for a third straight quarterly loss for the first time since 2003. (Reuters)

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