Australian billionaire and manufacturing CEO Anthony Pratt said Friday on Fox Business that he is investing $2 billion in the United States because he has “confidence” in President Trump.
Citigroup listed seven companies as potential takeover targets for Apple Inc (AAPL), including Netflix (NFLX), Walt Disney (DIS) and Tesla Inc (TSLA), as a way to put its cash hoard of more than $250 billion to work.
The American job creation machine was re-ignited in April after a disappointing March. Payrolls grew by 211,000 jobs in the months and unemployment fell to 4.4 percent, the lowest since May 2007.
Apple CEO Tim Cook said Wednesday his company is putting $1 billion into a fund to invest in advanced manufacturing jobs in the United States.
The price of bitcoin has skyrocketed to an all-time high on Tuesday, boosted by a record increase in global trading activity. The world’s most popular cryptocurrency smashed Monday’s record, jumping above $1,446 at 11:42 GMT.
In an effort to be part of the revolution for sustainable living, Adidas has created a new shoe made out of plastic waste collected from the ocean. According to their official press release, the German sportswear giant has collaborated with environmental advocate group Parley for the Oceans to incorporate recycled plastic in their trademark running shoe designs. According to Adidas, each pair of limited edition Parley shoes uses an average of 11 plastic bottles. Recycled plastic does not comprise the entire design, but it will be used in significant portions, including the laces, heel webbing, heel liner, and sock liner covers.
Researchers ran two separate experiments. In the first, they offered participants cash, and the option to deposit the money into two accounts in whatever manner the participants wished. One account was completely liquid — meaning that participants could withdraw the moola whenever they wished. This was called the Freedom Account.
A vocal coalition of Michiganders is taking to the streets — and their local city council meetings — to oppose the growing intrusion of privacy and personal safety with state utility companies […]
President Donald Trump announced that he wanted a 20 percent tax on softwood lumber coming from Canada, telling conservative media he thought the country was treating Canada “very unfairly.”
The devastation in the US retail sector is accelerating in 2017, and in addition to the surging number of brick and mortar retail bankruptcies, it is perhaps nowhere more obvious than in the soaring number of store closures.
American retailers are closing stores at a record pace this year as they feel the fallout from decades of overbuilding and the rise of online shopping.
More Americans between the ages of 18 and 34 live with their parents than with a spouse, according to a new study.
Subway Restaurants closed hundreds of domestic locations last year, marking the biggest retrenchment in the history of a chain that spent decades saturating America with restaurants.
While extolling the virtues of American consumers and praising the US economy, Warren Buffett has started seeking the help – and funds – of Chinese oligarchs to sell houses from his real estate brokerage HomeServices. According to Bloomberg’s Berkshire’s real estate brokerage, HomeServices – currently the second-largest U.S. residential real estate brokerage – acquired as part of Buffett acquisition of an energy business, “is expanding its global reach with a push to attract wealthy Chinese citizens to purchase homes in the U.S”, in the process diverting “hot” Chinese money to the US (see Vancouver and Toronto for the outcome).
US aircraft manufacturer Boeing has announced new involuntary layoffs to reduce costs, one of the company’s many such arrangements this year to save its faltering profits.
In an email sent to students on Thursday, Vinnie Cazzetta, executive director of the nonprofit Orange County Community College Association, which runs the cafeterias, said the change comes after the college’s food-service operations showed a deficit of more than $150,000 last year, “continuing a trend of significant operations losses that has existed for years.”
Walmart (WMT) is dangling more online-order discounts in front of consumers while cutting corporate head count as it doubles down on efforts to cut costs and better compete with e-commerce behemoth Amazon […]
Toyota Motor said Monday it is planning to invest $1.3 billion in its Camry sedan plant in Kentucky and considering adding more U.S. capacity, moves that could thaw the Japanese auto giant’s relationship with the Trump administration.
The price of crude oil is up after the United States launched dozens of cruise missiles at an airbase in Syria in what traders called a knee-jerk reaction.