U.S. stocks opened flat as the Dow Jones Industrial Average tries to make it 6 up days in a row. Soon, Starbucks (SBUX), KFC (YUM), and Chili’s will accept Apple Pay (AAPL). It’s rolling out the electronic payment service to many of those stores by the end of this year. Wider acceptance should give Apple Pay a much needed boost. Lack of stores that accept it has been one reason it has been slow to take hold. U.S. import prices barely moved in September. There was a slight decline. Oil prices rebounded and the weak global economy appeared to moderate. Federal Reserve Chief Janet Yellen has argued that import prices have been a major factor keeping inflation well below the Fed’s 2% target rate. Brewer SABMiller has announced a drastically accelerated cost-cutting plan following a $100 billion takeover approach by rival Anheueser Busch Inbev.
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