Business News
Cruise control: GM's No. 2 exec to run self-driving car unit
Miami Herald - 29 Nov 2018 20:56
General Motors' No. 2 executive is moving from Motor City to Silicon Valley to run the automaker's self-driving car operations as it attempts to cash in on its bet that …
Project Syndicate: This isn't your grandpa's Social Security system
Market Watch - 29 Nov 2018 16:48
There are only two options to avoid a collapse of the Social Security system, writes Martin Feldstein.
Gold prices fall further today but silver rates recover
livemint.com - 29 Nov 2018 13:15
Gold prices today fell to Rs 31,540 per 10 gram, after falling over 300 over two days.
Patagonia Donates $10 Million Tax Break To Green Groups, Says Trump 'Irresponsible'
The Huffington Post - 29 Nov 2018 05:19
"We're giving our $10 million tax cut back to the planet," the company said.
These are the fundamental events plaguing the stock market
New York Post - 29 Nov 2018 05:03
Donald Trump likes to negotiate. And by that I mean that he likes to argue. But you've probably already figured that out during the first two years of his presidency. This is a special week for the president, who is sche...
Volkswagen planning new North America factory for electric vehicles
Reuters - 29 Nov 2018 04:52
Volkswagen is deciding where to locate a new factory in North America to build electric vehicles for the U.S. market, the German automaker's new head for the Americas said on Wednesday.
Microsoft wins $479.2 million contract from U.S. Army
Reuters - 29 Nov 2018 03:25
The U.S. Army said on Wednesday that it has awarded Microsoft Corp a $479.2 million contract to supply prototypes for the Army's augmented reality systems helping soldiers in training and combat missions.
U.S. Stresses Plan to Raise Tariffs on Chinese Cars
The New York Times - 29 Nov 2018 03:01
Trump administration officials are trying to pressure Beijing to ease trade restrictions before the president and his counterpart meet this week.
Jaguar Land Rover to lay off staff temporarily at UK plant
Reuters - 29 Nov 2018 18:13
Britain's biggest carmaker Jaguar Land Rover is to reduce the workforce at its plant in Wolverhampton, central England, by about 500 in a temporary move, it said on Thursday.
Credit.com: Good jobs and affordable homes: millennials should look to these cities
Market Watch - 29 Nov 2018 16:45
These cities have the most favorable conditions, including growing job markets and low median home prices.
Markets Right Now: Banks, technology lead US stocks lower
Miami Herald - 29 Nov 2018 16:42
The latest on developments in financial markets (all times local): 9:35 a.m. Banks and technology companies are leading stock indexes slightly lower in early trading on Wall Street. Bank of …
Wall Street opens lower as investors turn cautious with G20 in focus
Reuters - 29 Nov 2018 16:40
U.S. stocks opened lower on Thursday as investors took a cautious stance in the run up to U.S.-China trade talks at the upcoming G20 Summit after President Donald Trump said there was "a long way to go" on tariffs with B...
Titan Machinery: Fiscal 3Q Earnings Snapshot
Miami Herald - 29 Nov 2018 16:38
Titan Machinery Inc. (TITN) on Thursday reported fiscal third-quarter earnings of $10.8 million. On a per-share basis, the West Fargo, North Dakota-based company said it had profit of 48 cents. …
Falling Oil Prices May Make Trump Happy but They Pose Risks for U.S.
The New York Times - 29 Nov 2018 16:31
While falling prices help consumers, another big decline of the kind the president is seeking could hurt the economy in oil-producing states like Texas.
Deutsche Bank offices raided in money-laundering probe
New York Post - 29 Nov 2018 16:27
Police raided six Deutsche Bank offices in and around Frankfurt on Thursday over money laundering allegations linked to the “Panama Papers,” the public prosecutor’s office in Germany’s financial capital said. Inv...
BMW CEO talks Brexit, future of electric cars
USA Today - 29 Nov 2018 16:25
BMW announced its fully electric, fully autonomous concept car this week at the Los Angeles Auto Show. In an interview with The Associated Press, CEO Harald Krueger discussed Brexit and the future of electric vehicles. (...
Analysts Anticipate 17% Gains Ahead For The Invesco S&P 500 Pure Growth ETF
Forbes - 29 Nov 2018 16:18German pharmaceutical company Bayer cutting 12,000 jobs
Miami Herald - 29 Nov 2018 16:14
German pharmaceutical giant Bayer AG says it's cutting 12,000 jobs worldwide as it seeks to reduce costs. The Leverkusen-based company said Thursday that details of the cuts to its 118,200-stong …
Payless sold its discount shoes for $600 a pair at mock luxury influencer event
USA Today - 29 Nov 2018 16:02
Troubled footwear maker Payless staged a luxury influencer event at "Palessi" where attendees paid hundreds for its "rebranded" discount-priced shoes.
BitTorrent owner Tron will invest $100 million in blockchain games
Venture Beat - 29 Nov 2018 16:00
BitTorrent owner Tron announced it will invest $100 million in blockchain games over the next three years.
Futures dip as investors turn cautious with G20 in focus
Reuters - 29 Nov 2018 15:59
Wall Street was set to dip at the open on Thursday following a rally led by Federal Reserve Chair Jerome Powell's dovish comments, with investors taking a cautious stance in the run up to the U.S.-China trade talk at the...
US consumer spending up strong 0.6 percent in October
ABC News - 29 Nov 2018 15:46
US consumer spending rises strong 0.6 percent in October, while incomes up solid 0.5 percent