Joey Cipres

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In Inaugural Address, Trump Decries 'Carnage' And Promises 'America First'

A newly inaugurated Donald J. Trump delivered a fiercely populist and often dark address, promising to transfer power in Washington from political elites to the people and vowing to put "America first."<p>Surrounded by members of Congress and the Supreme Court, the nation's 45th president repeated …

AT&T to pay $85 billion for Time Warner, create telecom-media giant

NEW YORK (Reuters) - AT&T Inc (T.N) said on Saturday it agreed to buy Time Warner Inc TWX.N for $85.4 billion, the boldest move yet by a telecommunications company to acquire content to stream over its network to attract a growing number of online viewers.<p>The Time Warner building is pictured in New …

IT

Tesla Model 3 Unveiling Will Include a "Part 3"

Elon Musk unveils Model 3. Image source: Tesla Motors.<p>When electric-car maker <b>Tesla Motors</b> (NASDAQ: TSLA) took the wraps off of its $35,000 Model 3 earlier this year, CEO Elon Musk said the unveiling event was just part one. The part two news related to Model 3 was Tesla's Wednesday announcement …

Why Walmart's CEO Is Taking His Billion Dollar Risks

Our unplanned theme this week is leaders taking risks.<p>Tuesday it was Caterpillar CEO Doug Oberhelman’s high-stakes (but unsuccessful) bet on …

Microsoft’s cloud business continues to shine as earnings again top estimates

The company said its purchase of LinkedIn should close in the current quarter.<p>With its cloud business continuing to grow, Microsoft on Thursday turned in financial results ahead of what many analysts were expecting.<p>The company reported $4.7 billion in net income, or 60 cents per share, on $20.5 …

Wall Street

AT&T may be trying to buy Time Warner

After gobbling up a major satellite TV company last year, AT&T may have its sights set on buying another media powerhouse: Time Warner.<p>Executives from AT&T and Time Warner have had “informal” discussions about a possible deal, according to Bloomberg News.<p>Time Warner — not to be confused with Time …

BHP Billiton employees face criminal charges on Brazil dam disaster

Mining company denies prosecutor claims that executives knew the Samarco dam could fail but allegedly prioritised profits over safety<p>Eight employees of BHP Billiton face criminal charges over the Samarco dam collapse a year ago that left 19 people dead and hundreds homeless, amid accusations that …

Greece's economic boost from refugee aid

The challenge of dealing with tens of thousands of refugees could have a silver lining for Greece.<p>The emergency aid money given to the Athens government is boosting the country’s economy.<p>There are an estimated 60,000 refugees in Greece, and so far 500 million euros in economic assistance has come …

European Union

No contract talks underway in 2nd day of faculty strikes

Pennsylvania's higher education system said it had no official contract talks with its union Thursday, but said negotiators still were looking for a …

Higher Education

Honda Recalls 350,000 New Civics For Faulty Parking Brake

Honda is voluntarily recalling about 350,000 2016 model-year Civic coupes and sedans over a software glitch that is affecting the electric parking …

Ford luxury brand Lincoln considers China production as sales surge

DETROIT/BEIJING (Reuters) - Ford Motor Co’s (F.N) luxury unit Lincoln is studying whether to produce cars locally in China, the brand’s China chief said on Monday, as its sales surge in the world’s largest auto market.<p>Visitors walk past a logo of Lincoln at Auto China 2014 in Beijing in this April …

Luxury Lifestyle

Analysis: Clinton, Trump tax plans are mirror images

SANTA FE, N.M. (AP) — Hillary Clinton and Donald Trump's tax plans are "mirror images" of one another, with the Democrat proposing steep tax hikes on …

Finance

Tesla Is On a Hiring Spree

Tesla is planning to hiring thousands of new employees in the coming years, with a particular focus on its race to build an autonomous car.<p>The …

The hottest stock of 2015: Netflix

Hope you didn’t sleep on Netflix this year.<p>During a year in which the S&P 500 index is barely managing to to eke out a yearly gain, the streaming company’s stock has more than doubled, up 142% (it was as much as much as 168% earlier this year, when it hit a record high). The index’s runner-up was …

Entertainment

Spotify sued for $150m by musicians over alleged unpaid royalties

Cracker frontman David Lowery leads class action suit against streaming site, claiming it knowingly distributed band’s work without permission<p>Spotify is being sued for at least $150m by a collective of musicians who allege that the streaming site has knowingly and willingly reproduced and …

Comcast Is the Most Hated Internet Provider in America

By far.<p>This won’t come as a surprise to a whole bunch of its customers but Comcast, America’s biggest cable and internet service provider, is the …

DuPont to cut 10 percent of global workforce ahead of Dow merger

DuPont will cut 1,700 jobs in its home state of Delaware and thousands more globally as it prepares for its merger with Dow Chemical.<p>Dow and DuPont announced earlier this month that they would join to create a giant chemical producer that will eventually be split into three independent companies.<p>At …

The Philippines gets a $500 million World Bank credit line to reduce disaster risk

The Southeast Asian country can get access to the credit line if its president declares a state of calamity, the bank said in a statement.<p>It is the second such financing option the bank has provided the Philippines, which is the first country in the Asia-Pacific region to use such a credit line.<p>"If …

World Bank

Potential Tesla competitor Faraday Future is strange and confusing

Tesla would be <i>delighted</i> if another new carmaker could make a go of it, especially an all-electric carmaker. For Tesla, it isn't encouraging if Elon Musk and his team are operating in a market of one.<p>We reached out to Faraday immediately after we first heard about the company, but we didn't learn …

Electric Vehicles

This smartphone packs a 10-day battery

Forget picking up a gigantic USB battery, or shoving your phone into an equally bulky battery case -- if Oukitel has its way, your phone will have the juice you need for days on end. Its upcoming K10000 smartphone has a whopping 10,000mAh battery that, under "normal" use, reportedly lasts for 10 to …

Volkswagen scandal might force it to sell luxury brands

The Volkswagen saga continues, as the company deals with the aftermath of its emissions scandal. According to <i>Reuters</i>, the German automaker has secured a loan of roughly 20 billion euros in order to pay for resulting lawsuits and to compensate consumers whose cars are now worth less following the …

Pfizer to buy Allergan in $160 billion deal

NEW YORK (Reuters) - Pfizer Inc on Monday said it would buy Botox maker Allergan Plc in a deal worth $160 billion to slash its U.S. tax bill, rekindling a fierce political debate over the financial maneuver.<p>The acquisition, which would create the world’s largest drugmaker and shift Pfizer’s …

Pfizer