Facebook Privacy Changes Under Fire, Mulally May Leave Ford Soon: Morning Buzzers
U.S. stock futures remain steady this morning as investors wait for the payrolls report from the U.S. Labor Department due out later this morning. Investors will scrutinize the data for clues as to whether the Federal Reserve will begin cutting back on stimulus after the central bank’s meeting on September 17-18.
Futures at 8:30 a.m.: DJIA: +0.26% S&P 500: +0.25% NASDAQ: +0.27%
Here’s your cheat sheet to what’s buzzing this morning:
Apple (NASDAQ:AAPL) may start making iPhones with bigger screen sizes, in particular to take advantage of the growing phablet trend in Asia, the Wall Street Journal reports. The screen sizes could range from 4.8 to 6 inches, sources who spoke to the Journal said. The current iPhone 5 has a 4-inch screen and the new iPhone lineup that the company will debut on Tuesday will also be that size, the sources said. In addition, the company is moving forward with a partnership with Japan’s largest wireless carrier, NTT DoCoMo, which is expected to be announced Tuesday along with the company’s new product lineup.