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5 Things You Must Know Before the Market Opens Monday

Updated from 5:55 a.m. EDT

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Here are five things you must know for Monday, Aug. 15:

1. -- Alphabet (GOOGL) , the parent of Google, is rethinking its high-speed Internet business after initial rollouts proved more expensive and time consuming than anticipated, The Wall Street Journal reported.

Google Fiber has spent hundreds of millions dollars laying fiber-optic cables in a handful of cities to offer Web connections roughly 30 times faster than the U.S. average. The business launched six years ago.

Now the company is hoping to use...


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