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Google Might Be Sitting on a $70 Billion Rival to Uber and Tesla - Fortune

Tue, 05/23/2017 - 12:35pm

Fortune

Google Might Be Sitting on a $70 Billion Rival to Uber and Tesla
Fortune
Google's self-driving car unit could be far more valuable than General Motors and Ford, Morgan Stanley analysts said Tuesday. Waymo, the self-driving unit of Google's parent company Alphabet could be worth $70 billion, Morgan Stanley analysts led by ...
Google Should Spin Off Waymo To Beat Tesla, Ford: Morgan StanleyInvestor's Business Daily
Alphabet's self-driving Waymo unit could be worth $70 billion, more than GM, Morgan Stanley saysCNBC
Forget Tesla, Google's self-driving Waymo business is the future of carsTelegraph.co.uk
Investorplace.com -Seeking Alpha -Benzinga
all 127 news articles »Google News

Walmart Announces Guaranteed Pay for Military Workers - FOX40

Tue, 05/23/2017 - 12:16pm

FOX40

Walmart Announces Guaranteed Pay for Military Workers
FOX40
NEW YORK (CNNMoney) — Walmart wants to make sure its employees who take time off to serve in the military never have to take a pay cut. The company on Tuesday announced a new pay policy for all full-time and part-time workers who leave for voluntary ...
Walmart in new pay policy for military workersChain Store Age
Wal-Mart expands military leave-of-absence policyMinneapolis Star Tribune
Walmart pledges to hire veterans, guarantees pay for military workersWJHL

all 8 news articles »

Alphabet's self-driving Waymo unit could be worth $70 billion, more than GM, Morgan Stanley says - CNBC

Tue, 05/23/2017 - 10:55am

CNBC

Alphabet's self-driving Waymo unit could be worth $70 billion, more than GM, Morgan Stanley says
CNBC
Morgan Stanley reiterates its overweight rating on Alphabet, citing the significant potential of its Waymo and 'other bets' businesses. The bank reaffirmed its $1,050 price target for the company, representing 9 percent upside from Monday's close. The ...

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There's a simple reason why Ford's CEO was pushed out — and it has nothing to do with self-driving cars - Business Insider

Tue, 05/23/2017 - 10:27am

Business Insider

There's a simple reason why Ford's CEO was pushed out — and it has nothing to do with self-driving cars
Business Insider
Mark Fields was ousted as CEO of Ford on Monday, not quite three years into his tenure. He was replaced by Jim Hackett, the former CEO of Steelcase who had been running Ford's Smart Mobility initiative and enjoyed a close relationship with Ford's ...
Ford Sees New CEO as Second Coming of Alan MulallyBloomberg
The Scapegoat CEO: Ford's Mark FieldsNew York Daily News
Ford got a new CEO, but it needs a new strategyVox
Nasdaq -Jalopnik -Fortune -Seeking Alpha
all 101 news articles »

New home sales tumble from near 9-1/2-year high - Reuters

Tue, 05/23/2017 - 10:22am

Reuters

New home sales tumble from near 9-1/2-year high
Reuters
A real estate sign advertising a new home for sale is pictured in Vienna, Virginia, U.S. October 20, 2014. REUTERS/Larry Downing/File Photo. By Lucia Mutikani | WASHINGTON. WASHINGTON New U.S. single-family home sales tumbled from near a ...
U.S. New-Home Sales Drop 11.4 Percent in April, Most in 2 YearsU.S. News & World Report
New home sales plunge a lot more than expectedBusiness Insider
New-home sales tumble in April after soaring to 10-year high in MarchMarketWatch
Nasdaq -Fox Business -Construction Dive -Financial Times
all 19 news articles »

Wall St. edges up at open ahead of Trump's budget plan - Reuters

Tue, 05/23/2017 - 10:04am

Reuters

Wall St. edges up at open ahead of Trump's budget plan
Reuters
A trader works inside a booth on the floor of the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2017. REUTERS/Brendan McDermid. By Tanya Agrawal. U.S. stocks were slightly higher on Tuesday ahead of U.S. President Donald Trump's first ...
Wall Street opens higher as oil prices, defense stocks riseSTLtoday.com

all 8 news articles »

Nokia, Apple Exploring Health Tech Partnership Following Patent Fight - PCMag

Tue, 05/23/2017 - 9:56am

Nokia, Apple Exploring Health Tech Partnership Following Patent Fight
PCMag
Nokia and Apple have ended their patent fight and are now talking about expanding their business relationship. In a joint statement Tuesday, the companies announced that they have settled all litigation related to their intellectual property dispute ...

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Two serious obstacles are blocking the GOP path to tax cuts - CNBC

Tue, 05/23/2017 - 8:31am

CNBC

Two serious obstacles are blocking the GOP path to tax cuts
CNBC
Democrats would exact a high price for cooperation on tax cuts — possibly insisting on the release of Trump's own tax returns. John Harwood | @johnjharwood. Tuesday, 23 May 2017 | 8:30 AM ET CNBC.com. SHARES. show chapters. U.S. President Donald ...
My Voice: Majority to benefit from repeal of ACASioux Falls Argus Leader
Tax Overhaul Challenges Unified Republican GovernmentRoll Call
The Trump-GOP Bargain May Be UnravelingYahoo News
Patriot Post -The Fiscal Times -Insurance News Net -STLtoday.com
all 429 news articles »

Stock Futures Point To Positive Start; Settlement Lifts Apple - Investor's Business Daily

Tue, 05/23/2017 - 8:04am

Investor's Business Daily

Stock Futures Point To Positive Start; Settlement Lifts Apple
Investor's Business Daily
Stock futures chalked up uneven gains in Tuesday's premarket session, as earnings reports, oil prices and a suicide attack in the U.K. figured into the early mix. Futures for the Dow Jones industrial average muscled up 0.3% above fair value. S&P 500 ...
Apple and Nokia strike peace accord over patentsCBS News
Nokia, Apple end disputes, enter patent licenseMarketWatch
Nokia settles patent dispute with AppleNasdaq
The Fiscal Times -Proactive Investors UK -Telecompaper (subscription) -AppleInsider (press release) (blog)
all 125 news articles »

Labor Department will avoid further delay of retirement savings rule - Washington Post

Tue, 05/23/2017 - 6:07am

Washington Post

Labor Department will avoid further delay of retirement savings rule
Washington Post
A Labor Department rule that would set higher standards for the advice brokers give to retirement savers will go into effect June 9 without further delay, Labor Secretary Alexander Acosta said Monday. The regulation, which is known as the fiduciary ...
Controversial rule for retirement advisors to take effect — for nowCNBC
US Labor Secretary says fiduciary rule to take effect on June 9Reuters
Fiduciary rule to take effect June 9, Labor secretary saysMarketWatch
Financial Advisor IQ (registration) -InvestmentNews -Barron's -Credit Union Times
all 21 news articles »

The Looming Retail Bailout - Forbes

Tue, 05/23/2017 - 6:02am

Forbes

The Looming Retail Bailout
Forbes
While the economy finally seems to have recovered from the Great Recession, complete with discussion of full employment and rising wages, the memo must have missed the retail industry, where top executives of Macy's, J.C. Penney, Office Depot and the ...
As Store Layoffs Mount, Retail Lags Other Sectors In Retraining WorkersNPR

all 2 news articles »

European stocks rise as eurozone economic activity hovers at 6-year high - MarketWatch

Tue, 05/23/2017 - 5:57am

MarketWatch

European stocks rise as eurozone economic activity hovers at 6-year high
MarketWatch
European stocks rose Tuesday, with French shares among biggest advancers as eurozone economic activity remained at a six-year high. The Stoxx Europe 600 SXXP, +0.23% was up 0.2% at 391.85, led by technology and financial shares, according to ...
European economic rebound showing surprising strengthWashington Post
Euro-Area Growth Faces Upside Risk as Weak Prices Restrain ECBBloomberg
European markets turn higher after strong economic dataCNBC
The Fiscal Times -Wall Street Journal (subscription) -TheStreet.com -Deutsche Welle
all 45 news articles »

The FCC's 'Open Internet Rules' Make the Internet Less Open - National Review

Tue, 05/23/2017 - 4:27am

National Review

The FCC's 'Open Internet Rules' Make the Internet Less Open
National Review
Ignore the howls of rage from 'net neutrality' advocates; news of the FCC's decision to revisit an Obama administration power-grab is welcome. As usual, John Oliver is not helping. Earlier this month, the HBO funnyman revived his crusade for “net ...
Fight for the Future Claims Comcast CensorshipBroadcasting & Cable
Net Neutrality Ideals Are Already DeadBloomberg
Why You Should Care About the FCC's Open Internet ActionsMotley Fool
The Register -TV Technology -XNewsPress -ABC15 Arizona
all 78 news articles »

Wall Street engineers ouster of top Ford executives - World Socialist Web Site

Tue, 05/23/2017 - 1:02am

World Socialist Web Site

Wall Street engineers ouster of top Ford executives
World Socialist Web Site
US-based carmaker Ford announced a sweeping change of top executives Monday morning after relentless pressure from Wall Street to slash jobs and funnel even more money to its most powerful shareholders. The move follows last week's leak that Ford ...

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Panicked student loan borrower: 'I've changed my life based on their promise' - whnt.com

Mon, 05/22/2017 - 10:18pm

whnt.com

Panicked student loan borrower: 'I've changed my life based on their promise'
whnt.com
NEW YORK (CNNMoney) -- More than 400,000 people have planned their careers and financial futures around the Public Service Loan Forgiveness program. With the promise of debt forgiveness after 10 years of payments, the government program has ...
Budget seeks end to subsidized student loans, forgivenessMiami Herald
Former ITT Tech students got promise of help, then silenceIndianapolis Star
What student loan borrowers can expect in Trump's change to one vendorUSA TODAY
MarketWatch -CNBC -WHIO -ConsumerAffairs
all 24 news articles »

Trump's $4.1T budget relies on deep domestic cuts - Miami Herald

Mon, 05/22/2017 - 9:07pm

Miami Herald

Trump's $4.1T budget relies on deep domestic cuts
Miami Herald
President Donald Trump's proposed $4.1 trillion budget slashes safety net programs for the poor, targeting food stamps and Medicaid, while relying on rosy projections about the nation's economic growth to balance the budget within 10 years. The cuts ...
Trump taxpayer-first budget proposes 3.6 trillion in cutsWashington Times
Everything's Coming Up Rosy in Trump Budget's Economic ScenarioBloomberg
Trump budget promises economic growth by cutting entitlement programsPittsburgh Post-Gazette
Nasdaq -MarketWatch -KITV Honolulu -VICE News
all 269 news articles »

Caltrain electrification project back on track with federal funding - SFGate

Mon, 05/22/2017 - 8:11pm

SFGate

Caltrain electrification project back on track with federal funding
SFGate
In a decision that thrilled Bay Area politicians and tech industry leaders as much as Caltrain commuters, federal transportation officials agreed Monday to approve a $647 million grant to modernize and electrify the 154-year-old commuter railroad that ...
FTA releases $647 million for electrifying California commuter rail lineWashington Post
Feds approve $647 million grant for Caltrain electrification projectThe Mercury News
US Approves $650M for San Francisco Bay Area Train SystemU.S. News & World Report
San Francisco Examiner -Engadget -Silicon Valley Business Journal -Reuters
all 29 news articles »

Euro zone ministers eye Greek debt deal with IMF, new loans decision in June - Reuters

Mon, 05/22/2017 - 7:40pm

Reuters

Euro zone ministers eye Greek debt deal with IMF, new loans decision in June
Reuters
BRUSSELS Euro zone finance ministers failed to agree on debt relief for Greece with the International Monetary Fund on Monday and did not release new loans to Athens, but came close enough in talks to aim for both deals at their next meeting in three ...
The Latest: Eurozone and Greece fail to agree bailout dealWashington Post
Greek Deal on Debt Relief Founders as Talks Stretch to JuneBloomberg
Greece fails to secure fresh bailout fundsBBC News
Lexington Herald Leader -Yahoo News -Greek Reporter -Financial Times
all 86 news articles »

Ryan bucks White House, setting up clash on taxes - Politico

Mon, 05/22/2017 - 6:44pm

Politico

Ryan bucks White House, setting up clash on taxes
Politico
Paul Ryan and the White House are barreling toward a tax reform show-down — a faceoff that's becoming all but inevitable as the speaker continues selling a tax plan rejected by Trump officials. At issue is a controversial pillar of the House GOP tax ...
The Ways and Means Hearing on Tax Reform Is a Missed OpportunityNational Review
With Heavy Retail Opposition, Paul Ryan's Border Adjustment Tax Faces Uphill BattleU.S. News & World Report
Investors -- Prepare Your Portfolios For Potential Tax and Regulatory ReformForbes
Minneapolis Star Tribune -CNBC -Miami Herald -PR Newswire (press release)
all 24 news articles »Google News

US defense stocks jump on Saudi arms deal - CBS News

Mon, 05/22/2017 - 5:57pm

CBS News

US defense stocks jump on Saudi arms deal
CBS News
Investors hailed President Donald Trump's visit to Saudi Arabia by boosting the share prices of major U.S. defense contractors. Their stocks advanced on Monday in the wake of announcements of arms sales to the kingdom that could be worth $109 billion ...
US Energy Sector Secures Billions in Saudi DealsNatural Gas Intelligence
Defense stocks soar to all-time highs on $110 billion US-Saudi Arabia weapons dealCNBC
Defense stocks at record highs on Trump-Saudi dealCNNMoney
TheStreet.com -Washington Post -Investor's Business Daily -The National Interest Online (blog)
all 214 news articles »

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