Airlines called off more than 800 Texas flights on Tuesday as a winter storm hit the eastern part of the state, where its largest airports are located. More than 600 flights in or out of Houston’s George Bush Intercontinental Airport, a United Airlines hub, were canceled Tuesday, according to flight-tracking […]
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Disrupting the internal combustion engine — from within
As automakers and enthusiasts from across the globe meet in Detroit this week for the North American International Auto Show, battery electric vehicles (BEVs) will be in the spotlight. In an era of climate change concerns, BEVs have become a symbol of innovation, promising to disrupt the automotive industry. Yet […]
Why Saudi Aramco, the world’s largest oil company, is trying to make vehicle engines more efficient
Electric vehicle purchases are expected to surge in the coming years, but making conventional, gas-powered cars and trucks more efficient will be the most effective way of driving down emissions in the near term, Saudi Aramco’s chief technology officer said. Aramco, the world’s largest energy company, is investing in technologies […]
Here are the best (and worst) states to retire
As they say in real estate, “location, location, location.” The same could be true for retirement. With more and more retirees responsible for their own financial security, choosing the right destination once you’ve stopped working can make or break any lazy-day fantasies. To that end, WalletHub compared the retirement-friendliness of […]
Number of Americans without health insurance spiked by more than 3 million under Trump
The number of Americans without health insurance increased by about 3.2 million in the first year of Donald Trump‘s presidency, which featured a series of efforts to undercut the Obamacare law, a new survey finds. A total of 12.2 percent of all adults now lack health insurance, an increase of […]
Cramer warns that a trade war with China represents the top three risks to the market
A possible trade war between China and the U.S. represents the biggest risk to the stock market’s record rally, CNBC’s Jim Cramer said Tuesday. Cramer was commenting on a Wall Street Journal report published Tuesday that looked at the potential consequences of a U.S.-China trade war. The report also said […]
Qualcomm’s fear of a takeover will force management to boost the stock, says Nomura
Qualcomm is likely to make aggressive moves to keep shareholders happy in the next two quarters while the company faces a possible hostile takeover attempt from Broadcom, research firm Nomura said Tuesday. The firm upgraded Qualcomm to a buy rating and rose its target price to $75 from $58. “We […]
Stock market peak still at least a year away, fund managers say in Bank of America survey
Professional investors are going all-in on the raging bull market, reducing cash allocations to the lowest level in five years and putting the most money in stocks in two years. As the market looks to continue its best-ever start to a year, respondents to the January Bank of America Merrill […]
Stocks making the biggest moves premarket: GE, UNH, PG, AN, DIS, WMT & more
Check out which companies are making headlines before the bell: General Electric – GE is taking a $6.2 billion charge following a comprehensive review of its legacy reinsurance business. About $15 billion will be contributed to reserves over the next seven years, funded by GE Capital. As a results, GE […]
Contraceptive app hit with complaints after being blamed for 37 unwanted pregnancies
Natural Cycles, a contraceptive app that became certified in the EU as a form of birth control, has been hit with a complaint after being blamed for causing 37 unwanted pregnancies, reports Swedish publication SVT. Södersjukhuset hospital in Stockholm reported the app to Swedish regulator MPA (the Medical Product Agency), […]