Chicago Tribune Sears CEO still committed to turnaround, but signs are tough to seeChicago Tribune"Profit Down, Sears May Hold Yard Sale." "Are Sears and Kmart Goners?" "Will Sears go bankrupt?" Those are not the headlines you'd expect a company's chairman and CEO to put on the big screen at an annual shareholder's meeting. Sears Holdings' …Sears […]
NPR After 61 Years, Detroit Gets A Streetcar Once MoreNPRToday marks the launch of something both old and new in Detroit: a streetcar down Woodward Avenue. The streetcar opened to the public on Friday morning, after ten years of planning and political wrangling. The six streetcars make a 6.6 mile loop — 3.3 …All aboard! Detroit's […]
Reuters Wells Fargo bogus accounts balloon to 3.5 million: lawyersReutersA Wells Fargo Bank is shown in Charlotte, North Carolina, U.S., September 26, 2016. REUTERS/Mike Blake. By Jonathan Stempel. Wells Fargo & Co (WFC.N) may have opened as many as 3.5 million unauthorized customer accounts, far more than …Wells Fargo may have created 1.4 million more unauthorized […]
New York Times In Reversal, EPA Eases Path for a Mine Near Alaska's Bristol BayNew York TimesDillingham, Alaska, a fishing community of 2,300, is the largest town in the Bristol Bay region. Credit Bill Roth/Anchorage Daily News, via Getty Images. In another reversal of Obama administration policy, the Environmental Protection Agency announced …EPA allows mine company […]
Benzinga Apple's Billion Dollar Fund Found Its First RecipientBenzingaApple Inc. (NASDAQ: AAPL)'s CEO Tim Cook told CNBC's Jim Cramer in an interview in early May his company created an advanced manufacturing fund with an initial investment of $1 billion. The Billion Dollar Fund. The purpose of the fund is to "ripple the … and more » Subscribe […]
Apple's Sapphire Investment Didn't Work – So, Instead, $200 Million To Corning And Gorilla GlassForbesApple has announced that it is to invest $200 million with Corning for the further development of Gorilla Glass, as used in the iPhone and so on. This is part of their just announced $1 billion fund to invest in American […]
Reuters Fiat Chrysler recalls 1.25 million trucks over software errorReutersWASHINGTON/DETROIT Fiat Chrysler Automobiles NV (FCA) (FCHA.MI) said on Friday it would recall more than 1.25 million pickup trucks worldwide to address a software error linked to reports of one crash death and two injuries. The erroneous code could … and more » Subscribe to the RSS feed
The Verge Elon Musk's new video of his underground tunnel project will make you nauseatedThe VergeElon Musk, a man of means by no means, released a batch of new images and videos from his latest high-concept tunnel venture, The Boring Company. But before you click play, grab your Dramamine because this may make you a […]
Fox Business Boeing Suspends 737 MAX Flights Due to Engine IssueFox BusinessBoeing said on Wednesday it had temporarily halted test flights of its new 737 MAX aircraft due to an issue with the engine, which is jointly made by General Electric and Safran of France. Continue Reading Below. The grounding comes days before Boeing …Boeing halts […]
Washington Post Snapchat's growth stalls in Facebook's shadow in 1Q reportWashington PostNEW YORK — Facebook has been bent on copying Snapchat ever since the social media giant tried unsuccessfully in 2013 to buy what was then an ephemeral photo-messaging app. Now, the company behind Snapchat is hoping to copy some of its larger …Live notes from […]