Presidential candidate Elizabeth Warren isn’t backing down from her fight against billionaires — in fact, the Democratic senator from Massachusetts is now selling $25 “billionaire tears” mugs on her campaign website.
The S&P 500 and Dow receded slightly after posting fresh record closing highs Wednesday.The Dow receded slightly after posting a fresh record closing high Wednesday, as declines in shares of Cisco outweighed gains in Walmart’s stock post-earnings results. The S&P 500 also was off slightly from its record
German automaker Daimler says it plans to slash costs 1.4 billion euros ($1.54 billion) by cutting every tenth managerial position and other austerity measures. CEO Ola Kallenius told reporters in London on Thursday that the EU’s stricter specifications on carbon dioxide emissions and the transition
The utility that serves more than 5 million electrical customers in one of the world’s most technologically advanced areas is now faced again and again with a no-win decision: risk starting catastrophic deadly wildfires, or turn off the lights and immiserate millions of paying customers. Pacific Gas
The union president of Southwest Airlines pilots worries that Boeing may be rushing the 737 Max back into service, and he says Southwest should consider buying planes from another company. The union president, Jon Weaks, adds that Boeing has exhibited arrogance and greed that will haunt the company
U.S. producer prices rose 0.4% in October, the biggest jump in six months, reflecting a surge in energy costs. The Labor Department said Thursday that the October increase in its producer price index, which measures price pressures before they reach consumers, followed a 0.3% decrease in September.
Ferrari has unveiled a new sports coupe aimed at enticing new buyers and competing with the Porsche 911, part of an overhaul of its model lineup by 2022. The new Ferrari Roma presented Thursday is the fifth new car launched by the luxury sportscar maker this year, and one of 15 to be rolled out under
Indian rice export prices extended losses for a second week as the rupee weakened and demand from Africa remained low, while a cyclone damaged paddy fields in neighbouring Bangladesh. "We will get a clear picture of the extent of the damage by next week," said Mizanur Rahman, a senior official
According to a new report from CreditCards.com, red states are far better at managing their money than blue ones.
Venture capitalist Ben Horowitz says CEOs at large tech companies don’t deserve to be villified.
Walmart raised its annual profit expectations after reporting strong third-quarter results helped by its grocery business. The results, announced Thursday, offer encouraging news as it heads into the holiday shopping season and offer the latest evidence that Walmart is closing the gap between itself