Business News

Terror Attacks Drive Markets

World stock markets are mixed in the aftermath of Friday night's terrorist attacks in Paris. U.S. and European stock markets were generally higher, while Asia was led lower by Japan equities. Oil prices are higher this morning amid uncertainty over Paris, after last week's sharp declines. Meanwhile, Gold is higher on safe haven buying. The euro was under pressure, falling to a 6-and-1/2 month low. (CNBC)
This falls under the category of good advice. Billionaire Warren Buffett said Monday the terrorist attacks in Paris won't change his investment decisions. "I'm not selling any securities because of the attacks in Paris, not at all," he said in a phone interview with CNBC.
Marriott is buying Starwood Hotels in a $12.2 billion deal that will make it the largest hotel chain in the world. The new company will manage more than 5,500 hotels with 1.1 million rooms worldwide. Starwood has 11 brands, including W Hotels, St. Regis, Westin, and Aloft. (USA Today)
Microsoft confirmed this weekend that it has delayed or killed a tool that would make it easy for Android apps to run on Windows 10 phones and tablets. Astoria was the effort unveiled in April as part of a to get developers who write for Android, iOS or the Web to bring their programs to Windows. (Recode)

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