Electric cars will pick up critical momentum in 2017, many in the auto industry believe – just not in North America. Tighter emissions rules in China and Europe leave global carmakers and some consumers with little choice but to embrace plug-in vehicles, fuelling an investment surge, said industry executives gathered in Detroit this past week for the city’s annual auto show.
Month: January 2017
U.K. to Do – Whatever’ Is Needed to Be Competitive, Hammond Says
The U.K. will do “whatever we have to do” to boost its competitiveness if it fails to secure post-Brexit access to the European Union single market, Chancellor of the Exchequer Philip Hammond said in an interview published Sunday in a German newspaper. “If Britain were to leave the European Union without an agreement on market access, then we could suffer from economic damage at least in the short-term,” Hammond said in an interview with Welt am Sonntag.
Amazon Seeks FCC Permission To Run Mystery Wireless Tests In Washington
It is just a guess, but this experimental wireless communications technology that Amazon wants to test likely involves delivery drones. What would be more interesting is if it was actually a wireless service exclusive to their devices.
Trifecta Stocks: Now It Gets Really Interesting
The following commentary is an excerpt from the Weekly Roundup to Trifecta Stocks subscribers originally sent on Jan 13. Click here to learn more about this dynamic portfolio and market information service. As we tread into December-quarter earnings season, we’re seeing more investors start to question the rally over the last several weeks or how much more room there is to run.
Facebook will test ‘fake news’ filtering in Germany
Facebook users will soon be able to flag news stories as fake and the social network may subsequently label the stories as “disputed” in a test of fake news filtering tools starting soon in Germany. The test will send user-flagged stories to Correctiv, a third-party fact checker.
Explosive memos suggest that a Trump-Russia tit-for-tat was at…
An unverified dossier provided to US intelligence officials alleges that President-elect Donald Trump “agreed to sideline” the issue of Russian intervention in Ukraine during his campaign after Russia promised to feed the emails it stole from prominent Democrats’ inboxes to WikiLeaks. The dossier was part of an opposition-research project conducted by a former British spy , Christopher Steele, at the behest of anti-Trump Republicans and, later, Democrats.
‘Comey acted in an outrageous way during the campaign’: Bernie…
Sen. Bernie Sanders suggested FBI Director James Comey should resign over how he conducted the FBI’s investigation of Hillary Clinton’s use of a private email server while serving as secretary of state. e should take a hard look at what he has done.
Mega-mergers poised to get green light under Trump
Donald Trump Dem sen: Lewis’ comments on Trump ‘uncalled for’ Mark Hamill mocks Trump by reading Meryl Streep tweets as the Joker Priebus: John Lewis’s comments ‘irresponsible’ MORE ‘s incoming administration will be more favorable to corporate mergers, experts and business groups believe, marking a sharp shift from the Obama years. Trump’s team is tapping nominees who have offered support for scaling back regulations and oversight as companies in key industries look to consolidate.
China’s Wanda Reports 31 Percent Increase in Film Income in 2016
But the conglomerate’s overall revenue fell for the first time in 11 years, due to a slump in its core real estate business. China’s Dalian Wanda Group, lead by the country’s richest man, Wang Jianlin, reported a 13.9 percent drop in revenue for 2016, due to a slump in the conglomerate’s core commercial property business.
Critics say the episode is indicative of the sexism and harassment common at Chinese tech companies.
Chinese tech and entertainment giant Tencent has found itself at the center of a public relations firestorm after a sexually suggestive video leaked from an official company party. The clip, which has gone viral across Chinese social media, shows female Tencent employees kneeling in front of male colleagues on stage during a year-end event for staff.
Here’s One Thing Macy’s CEO Doesn’t See Changing in Crumbling Retail Sector
Shopping on the internet will probably continue to disrupt legacy bricks-and mortar retailers for the foreseeable future, but one thing is likely to remain constant throughout. That is the need for salespeople in the store to convert what shoppers do show up to actual spenders.
Amazon Could Be on Verge of Disrupting America’s Most Well-Known Clothing Stores
Amazon appears to have ambitions to upend the clothing industry, and retailers from Gap to Lululemon should be frightened. As TheStreet has reported , based on several recent job postings on Amazon’s site it’s planning to develop its own line of workout apparel.
Proposal funds rural high-speed internet
Phone bills would go up slightly under an Arizona Corporation Commission member’s proposal to help fund high-speed internet for rural schools and libraries in Arizona. The commission approved a sample order that estimates the year-long increase at 15 cents per month, reported the Arizona Capitol Times.
New LG smartwatches may be nearly ready to launch
Last week we reported on an LG smartwatch passing through the USA’s comms regulator – and now two more have followed suit. On Friday, we wrote about a mystery device with the model number W280 becoming certified by the Federal Communications Commission .
German Minister Dobrindt Seeks Recall of Fiat Cars, Bild Reports
German Transport Minister Alexander Dobrindt, escalating a months-long feud with Italy over vehicle emissions, said the European Commission must ensure that Fiat Chrysler cars that break pollution rules are taken off the market, Bild am Sonntag reported. “The Italian authorities have known for several months that Fiat, in the opinion of our experts, uses illegal shut-off devices,” the Sunday newspaper quoted Dobrindt as saying.
‘I want 350 million people to use my site’
If you’re trying to find the right job or you’re a business trying to find the perfect employee it’s a challenge wherever you are in the world. Churchill Nanje learned this the hard way after struggling to find people who were the right fit for his tech company.
How I Successfully Pitched Investors As A 22-Year-Old Startup Founder
My cofounders and I were 21 and 22 when we started Next Big Sound, and by far the biggest challenge we faced was in convincing investors they should trust us with their money. That was in 2009, and around that time Mark Zuckerberg was one of the youngest founders to have ever raised venture capital, at 19 years old.
How I Successfully Pitched Investors As A 22-Year-Old Startup Founder
My cofounders and I were 21 and 22 when we started Next Big Sound, and by far the biggest challenge we faced was in convincing investors they should trust us with their money. That was in 2009, and around that time Mark Zuckerberg was one of the youngest founders to have ever raised venture capital, at 19 years old.
Coal Recovery Too Good to Resist for World’s Biggest Shipper
Indonesia will exceed its coal production target for another year as miners cash in after prices recovered from a five-year collapse. The world’s biggest exporter will produce about 489 million metric tons this year, 18 percent above the government-mandated target, according to energy ministry forecasts.
FCC approves WFFT-TV sale to USA Television
The Federal Communications Commission approved a $4.6 billion Nexstar Broadcasting Group acquisition that will require it to divest WFFT-TV, a Fox affiliate in Fort Wayne.
Proposed Bill aimed to eliminate call completion problems in rural areas
Completed calls is a problem that has been haunting many home and business owners in rural areas for a long time. “We run an operation of 350 trucks and phone calls are very important to us,” said Ryan Viessman, with Cliff Viessman Inc. “It”s a challenge when the phone calls are getting terminated when you have 300 drivers calling in everyday, you got 50 to 100 customers and it causes a lot of frustration and retention in our drivers,” added Viessman.
The 10 Biggest Video Game Hits of 2016
As such, you won’t find Call of Duty: Infinite Warfare on this list of last year’s biggest hits, but you will find a game that first hit shelves more than three years ago. 10 stocks we like better than Electronic Arts When investing geniuses David and Tom Gardner have a stock tip, it can pay to listen.
7 Reasons to Use a Roth IRA to Save for Retirement
The Roth IRA is one of the best, but least understood, ways for Americans to save and invest for their retirement. There are several things most people don’t realize about Roth IRAs — for example, did you know that you can withdraw your Roth contributions whenever you want, without penalty? Here’s what you need to know about the benefits of investing with a Roth IRA.
The actor/director has not been repped by an agency since being dropped by WME in 2010.
The actor-turned-director was famously dropped in 2010 by WME following anti-semitic statements made by Gibson that went public. Gibson has not been represented by an agency since WME parted ways.
Proposal funds rural high-speed internet with phone bill fee
Phone bills would go up slightly under an Arizona Corporation Commission member’s proposal to help fund high-speed internet for rural schools and libraries in Arizona. The commission approved a sample order that estimates the year-long increase at 15 cents per month, reported the Arizona Capitol Times .
Facebook’s Newest Billion-Dollar Product
Last August, Instagram introduced a new feature called Stories that directly copied one of the core features of Snapchat. It took just five months for Facebook ‘s Snapchat clone to reach 150 million daily active users.
Can Automatic Savings Plans Solve America’s Retirement Woes?
It’s no secret that Americans’ retirement readiness is abysmal. According to a 2013 study , more than half of American households won’t be able to live as comfortably in retirement as they did while working.
5 Smart IRA Moves You Can Make in 2017
Your IRA shouldn’t just be something you toss a little money into every year or two. According to the 2016 Retirement Confidence Survey published by the Employee Benefit Research Institute, about 29% of workers expect their IRAs to be a major source of income in retirement.
5 Signs Under Armour Inc’s High Growth Days are Over
The stock subsequently tumbled to the low $30s on concerns that its high-growth days were ending. Let’s take a look at five reasons why that bearish outlook might be true.
SpaceX launches first rocket since explosion in Florida
A SpaceX Falcon 9 rocket blasted off from California on Saturday and placed a constellation of satellites in orbit, marking the company’s first launch since a fireball engulfed a similar rocket on a Florida launch pad more than four months ago. The two-stage rocket lifted off from Vandenberg Air Force Base at 9:54 a.m. carrying a payload for Iridium Communications Inc., which is replacing its entire global network with 70 next-generation satellites.
Hidden Fees Cost Consumers Billions: Which Ones Are the Worst?
Fees for common items like mortgages, credit cards, bank accounts and online deliverables, among many others, can really add up, and do hit consumers hard in the pocketbook. That goes double for so-called “hidden fees” – shadowy charges on goods and services that buyers usually don’t know about.
Why Tyson Foods, Inc. Stock Gained 16% in 2016
The meat processor benefited from strong profit growth in the first half of the year, though the stock fell in the closing months as commodity prices dropped and CEO Donnie Smith announced his retirement. Tyson Foods kicked off the year with a blowout earnings report in February as the stock jumped 16% in two days.
Why Taking Social Security Early Takes a Permanent Toll on Your Monthly Check
In this video from the Motley Fool Answers podcast,Alison Southwick and Robert Brokamp welcome Sean Gates to the show as they answer listener questions. This listener wants to know more about the country’s biggest entitlement program and how it works.
Why Investors Should Be Happy With Bank of America’s Q4 Earnings
Bank of America still has a lot of ground to make up, but its latest earnings report confirms it’s on the right track. Image source: iStock/Thinkstock.
When Is It Best to Claim Your Social Security Benefits?
Roughly one-third of Americans rely on Social Security for more than 90% of their retirement income, so choosing when to claim Social Security can be one of the most difficult and most important decisions you face in your 50s and 60s. If you’re struggling to decide when to claim your Social Security benefits, you’re not alone.
What’s Hot and What’s Not From CES 2017
The huge annual tech show in Las Vegas known as CES is now history . . . and it’s time to start breaking down the winners and losers.
What Does 2017 Hold for Obamacare?
The Affordable Care Act became law in 2010, and the law has remained controversial long after its enactment. Until recently, policymakers didn’t expect any major changes to Obamacare during 2017, but they acknowledged that the outcome of the 2016 presidential election would have huge implications for the fate of healthcare reform going forward.
Wells Fargo Reports a Rare Disappointing Quarter
Net income at the nation’s third biggest bank by assets fell in the fourth quarter of last year to $4.9 billion, down from $5.2 billion in the year-ago period. Wells Fargo’s downbeat earnings come amid a swell in profits at other banks.
United Airlines Can’t Get Rid of the Boeing 747 Fast Enough
United Airlines has been flying one version or another of Boeing’s iconic jumbo jet since 1970. However, United’s management recently decided to accelerate the retirement of the carrier’s remaining 747s for the second time in less than a year.
Top Precious Metal Stocks to Buy in 2017
The phrase “precious metals” usually conjures up images of gold and silver, but the category also includes platinum and palladium. These metals are rare, economically valuable, and act as a hedge against inflation and uncertainty, which is why precious metal stocks soared in 2016 — a year fraught with unpredictable events.