Asian shares advance following strong Wall Street finish

Asian shares advance following strong Wall Street finish

Image 1 of 2 ▼ A visitor sits in front of stock trading boards at a private stock market gallery in Kuala Lumpur, Malaysia, Thursday, Dec. 13, 2018. Shares rose in Asia on Thursday after a strong overnight finish on Wall Street. (AP Photo/Yam G-Jun) Shares rose in Asia on Thursday after a strong overnight finish on Wall Street. Traders were encouraged by a Wall Street Journal report saying the Chinese government might make changes…

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Oil pipeline opponents look past Minnesota regulators

Oil pipeline opponents look past Minnesota regulators

article Opponents of Enbridge Energy’s proposed Line 3 crude oil pipeline replacement may turn their attention to fighting the project on other fronts as a Minnesota regulatory panel prepares to take one of its final steps to allow it to proceed. Continue Reading Below The Public Utilities Commission on Thursday was scheduled to discuss petitions by environmental and tribal groups for the panel to reconsider its decision in June to approve a route permit for…

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Analysis: China plays hardball with ex-diplomat’s seizure

Analysis: China plays hardball with ex-diplomat’s seizure

Image 1 of 2 ▼ A policeman stands watch outside the Canadian Embassy in Beijing, Wednesday, Dec. 12, 2018. A Canadian court granted bail on Tuesday to a top Chinese executive arrested at the United States’ request in a case that has set off a diplomatic furor among the three countries and complicated high-stakes U.S.-China trade talks. (AP Photo/Andy Wong) China is playing hardball with the detention of a former Canadian diplomat days after Canada…

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Arrest of Nissan star Ghosn raises speculation over coup

Arrest of Nissan star Ghosn raises speculation over coup

Image 1 of 2 ▼ In this May 12, 2016, photo, then Nissan Motor Co. President and CEO Carlos Ghosn speaks during a joint press conference with Mitsubishi Motors Corp. in Yokohama, near Tokyo. The Tokyo District Court decided Ghosn and another executive Greg Kelly, both arrested Nov. 19 for allegedly falsifying financial reports to underreport Ghosn’s pay, will remain in custody through Dec. 20. (AP Photo/Eugene Hoshiko) The surprise arrest of Nissan’s former chairman…

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The Boeing-Embraer Deal Is Still on Track After a Wild Week

The Boeing-Embraer Deal Is Still on Track After a Wild Week

Around midyear, Boeing (NYSE: BA) and Embraer (NYSE: ERJ) reached a preliminary deal for the U.S. aerospace giant to acquire an 80% stake in Embraer’s commercial aviation business. The deal is strategically important for Boeing, which wants to be able to provide end-to-end solutions for airlines’ fleets. It is even more vital for Embraer, which is struggling to stay relevant in an industry dominated by Boeing and Airbus. However, the two aerospace companies got a…

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Better Buy: Apple vs. Microsoft

Better Buy: Apple vs. Microsoft

Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT) have been battling for supremacy in the personal computer market for a long time, and both rivals can claim victories. Apple has become one of the world’s top brands by locking customers into its ecosystem spanning devices and services. On the other side, Microsoft has been known for its dominance in software with Windows and Office, and the software giant has recently emerged as one of the largest…

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Official: Canadian man missing in China and feared detained is entrepreneur Michael Spavor

Official: Canadian man missing in China and feared detained is entrepreneur Michael Spavor

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Could Apple’s Services Business Hit a Wall Next Year?

Could Apple’s Services Business Hit a Wall Next Year?

Apple (NASDAQ: AAPL) has made incredible progress growing its services business in recent years. For the most part, investors are still overly focused on iPhone unit sales, but the Mac maker has been trying its best to change the narrative. However, the services business could potentially hit a wall next year, with growth slowing as the business gets bigger. It’s always harder to post meaningful growth figures off of a larger base. Here’s the latest…

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Why XPO Logistics Stock Dropped 10%

Why XPO Logistics Stock Dropped 10%

What happened Shares of XPO Logistics (NYSE: XPO) closed with a 9.6% drop on Tuesday, after the trucking and logistics company issued an earnings warning by way of an 8-K filing with the SEC. In this filing, XPO disclosed that while it “remains on track to generate approximately $625 million of free cash flow for 2018, and expects to generate approximately $650 million of free cash flow for 2019” as well, the company anticipates growing…

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The Latest: Virgin Galactic sending rocket to edge of space

The Latest: Virgin Galactic sending rocket to edge of space

article The Latest on scheduled test flight of a Virgin Galactic rocket ship (all times local): Continue Reading Below 4:45 p.m. Virgin Galactic plans to fly a rocket ship Thursday to the edge of space. The company says two test pilots will fly the craft early Thursday above the Mojave Desert at an altitude of more than 50 miles (80.4 kilometers), which it regards as the boundary of space. CEO George Whitesides says that’s the…

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