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Sun, 22 Jul 2018 08:48:00 -0400
If You're Worried About Social Security, Do These 4 Things Instead

If You're Worried About Social Security, Do These 4 Things InsteadThe future of Social Security looks a little iffy. If you're nearing retirement, here's what you can do to protect yourself.


Sun, 22 Jul 2018 06:07:00 -0400
Applied Materials Bets Big on Cobalt

Applied Materials Bets Big on CobaltBattery makers aren't the only ones interested in this material.


Sun, 22 Jul 2018 03:00:00 -0400
Illness ends career of Sergio Marchionne, the CEO who liked to fix things

Illness ends career of Sergio Marchionne, the CEO who liked to fix thingsMILAN/LONDON, July 21 (Reuters) - Sergio Marchionne bowed out on Saturday as one of the auto industry's most demanding and tenacious chief executives, his health in crisis after a career in which he rescued Fiat and Chrysler, two of its most storied brands. Fourteen years after he first took the wheel of Fiat, the gruff 66-year-old was replaced as boss of the Fiat Chrysler (FCA) group he built. FCA gave no further details.


Sat, 21 Jul 2018 19:01:56 -0400
U.S. courts allies with free trade offers at G20, France resists

U.S. courts allies with free trade offers at G20, France resistsThe United States sought to woo Europe and Japan with free trade deals on Saturday to gain leverage in an escalating tariff war with China but its overtures faced stiff resistance from France at a G20 finance ministers meeting dominated by trade tensions. U.S. Treasury Secretary Steven Mnuchin told reporters at the gathering of the financial leaders of the world's 20 largest economies in Buenos Aires that he was renewing President Donald Trump's proposal that G7 allies drop trade barriers between them.


Sun, 22 Jul 2018 03:00:00 -0400
Meet the campaigners who say they will stop at nothing in their quest to break up Facebook

Meet the campaigners who say they will stop at nothing in their quest to break up FacebookCampaign group Freedom from Facebook protested at a congressional hearing this week by holding up an image of Mark Zuckerberg and Sheryl Sandberg as a two-headed octopus. It was a stunt designed to raise awareness for Freedom from Facebook's mission to break up Facebook and make it more accountable. Organiser Sarah Miller said the group plans to fight Facebook for as long as it takes to bring about change, telling Business Insider that the health of democracy depends on it.


Sat, 21 Jul 2018 03:00:00 -0400
Sky Is Comcast's Final Prize as Disney Battle Approaches Endgame

Sky Is Comcast's Final Prize as Disney Battle Approaches EndgameAfter raising the white flag in the battle with Walt Disney Co. for the bulk of Rupert Murdoch’s media empire, Comcast Corp. Chief Executive Officer Brian Roberts has one last prize to fight for: the British pay-TV company Sky Plc. Comcast currently has the upper hand in the race for Sky, with an offer of 26 billion pounds ($34 billion) that’s 6 percent higher than a rival, Disney-backed bid by Murdoch’s 21st Century Fox Inc., which already owns 39 percent of the company. Buying Sky would give Comcast international scale, a hedge against the erosion of cable-TV viewing in the U.S. and a larger palette to compete with streaming services like Amazon.com Inc. and Netflix Inc. Sky has 22.5 million customers across five European countries -- a continent where pay-TV trends have been more stable -- and is pushing into Spain and Switzerland.


Sat, 21 Jul 2018 08:50:00 -0400
An Airbus A321XLR Could Be a Game Changer for JetBlue

An Airbus A321XLR Could Be a Game Changer for JetBlueAirbus' A321XLR concept could address some of the weaknesses of the A321LR, becoming the linchpin of an international expansion strategy at JetBlue.


Sat, 21 Jul 2018 08:33:00 -0400
Better Buy: Ford Motor Co. vs. Tesla

Better Buy: Ford Motor Co. vs. TeslaTesla is the hottest company in the auto industry, but that doesn't make it the best buy for investors.


Fri, 20 Jul 2018 12:19:33 -0400
Canada to Miss Deadline for Quickly Reselling Trans Mountain Pipeline

Canada to Miss Deadline for Quickly Reselling Trans Mountain PipelineAbout a dozen parties are interested in the Trans Mountain oil pipeline, but the Canadian government won’t reach a deal to flip it before a marketing deadline with Kinder Morgan Inc. closes Sunday, according to people familiar with the situation. The government’s C$4.5 billion ($3.4 billion) purchase of the pipeline and expansion project gave it to July 22 to co-market the pipeline with an eye to selling it to a third party. A quick sale would have effectively allowed the government to substitute in another buyer for the current deal to be finalized.


Sat, 21 Jul 2018 09:07:36 -0400
Iran leader backs suggestion to block Gulf oil exports if own sales stopped

Iran leader backs suggestion to block Gulf oil exports if own sales stoppedIran's Supreme Leader Ayatollah Ali Khamenei on Saturday backed President Hassan Rouhani's suggestion that Iran may block Gulf oil exports if its own exports are stopped and said negotiations with the United States would be an "obvious mistake". Rouhani's apparent threat earlier this month to disrupt oil shipments from neighbouring countries came in reaction to looming U.S. sanctions and efforts by Washington to force all countries to stop buying Iranian oil. "(Khamenei) said remarks by the president ... that 'if Iran's oil is not exported, no regional country's oil will be exported,' were important remarks that reflect the policy and the approach of (Iran's) system," Khamenei's official website said.


Fri, 20 Jul 2018 10:59:25 -0400
An ugly economic lesson from the Nixon era proves why Trump's criticisms of the Fed are so worrying

An ugly economic lesson from the Nixon era proves why Trump's criticisms of the Fed are so worryingPresident Donald Trump has criticized the Federal Reserve's current path of interest-rate hikes twice in the past two days. The criticism drew concerns about the Federal Reserve's political independence. Presidents have pressured the Fed before, most notably Richard Nixon.


Sat, 21 Jul 2018 11:55:00 -0400
First Order of Business for Lowe's New CEO: Clean House

First Order of Business for Lowe's New CEO: Clean HouseTime, more than dramatic changes, is what Lowe's needs to reverse course.


Sat, 21 Jul 2018 00:08:28 -0400
Putin idea for Ukraine referendum rejected by White House

Putin idea for Ukraine referendum rejected by White HouseThe White House has rejected a Vladimir Putin-backed effort to hold a referendum in eastern Ukraine on the region's future, distancing itself from the idea in the aftermath of President Donald Trump's controversial summit with the Russian leader. Russia's ambassador to the U.S., Anatoly Antonov, said the two leaders had discussed the possibility of a referendum in separatist-leaning eastern Ukraine during their Helsinki summit.


Fri, 20 Jul 2018 17:45:03 -0400
Duck boats linked to more than 40 deaths since 1999

Duck boats linked to more than 40 deaths since 1999Duck boats like the one that sank in Branson, Missouri, killing 17 people, have a long history of safety problems and have been linked to the deaths of more than 40 people since 1999. The deadly sinking in Missouri brought back painful memories of a similar accident nearly two decades ago in Arkansas. Both duck boats had overhead roofs or canopies that the National Transportation Safety Board warned could greatly increase the risk of passengers becoming trapped in the boat and drowning.


Fri, 20 Jul 2018 14:06:10 -0400
U.S. lawmakers cut anti-ZTE measure from must-pass defense bill

U.S. lawmakers cut anti-ZTE measure from must-pass defense billU.S. lawmakers who reached an agreement on a must-pass defense bill cut from the legislation a measure that would have made it harder for the president to undo sanctions slapped on China's ZTE Corp <0763.HK>, a top Democrat in the Senate said on Friday. Lawmakers from both parties have been at odds with President Donald Trump over his decision to lift a ban on U.S. companies selling to ZTE, allowing China's second-largest telecommunications equipment maker to resume business. Top Senate Democrat Chuck Schumer said in a statement that he opposed stripping the provision out of the defense policy bill.


Fri, 20 Jul 2018 17:31:18 -0400
Thousands of Tesla Model 3 cars are sitting in giant parking lots in California — here's why (TSLA)

Thousands of Tesla Model 3 cars are sitting in giant parking lots in California — here's why (TSLA)Photos of numerous Tesla vehicles at locations in California have shown up on Twitter. Tesla's rapidly expanding production of its Model 3 means that the company is running out of space at its factory in Fremont. Some photos of Tesla vehicles parked at several locations in California recently surfaced on Twitter.