Tesla Inc. (TSLA) unveiled a prototype of its first ever electric big-rig truck Thursday, which CEO Elon Musk is calling “The Beast.” Continue Reading Below While there is a lot of buzz surrounding the model, truck driver Matthew Garnett said Friday that he doesn’t trust Musk’s motivation for creating an […]
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The Latest: Nevada won’t return execution drug to Pfizer
LINCOLN, Neb. – The Latest on a pharmaceutical company’s demand that states not use drugs it made for lethal injection executions (all times local): Continue Reading Below 5:30 p.m. An official says Nevada doesn’t plan to return one of the drugs obtained for use in an upcoming execution, despite a […]
Correction: Keystone pipeline leaks 210K gallons of oil
AMHERST, S.D. – In a Nov. 16 story about the Keystone pipeline oil spill, The Associated Press incorrectly reported that it was smaller than 17 other leaks of oil or petroleum products in the U.S. since 2010. It was smaller than 16 and the same size as one other. Continue […]
At a Glance: How automakers perform on Takata recalls
Nineteen automakers will have to recall 69 million Takata air bag inflators in 42 million vehicles by 2020. They have replaced only 43 percent of the 43.1 million inflators recalled so far. Here’s the completion rate for each automaker as of Oct. 27: Continue Reading Below Automaker Percent completion rate […]
Top 20 onshore US petroleum spills since 2010
The spill of an estimated 210,000 gallons of crude oil in South Dakota on Thursday from TransCanada’s Keystone Pipeline is one of the 20 largest onshore oil or petroleum product spills since 2010. Here are the top 20 spills during that period as reported to the U.S. Department of Transportation. […]
Why DSW Inc. Stock Popped Today
What happened Continue Reading Below Shares of DSW Inc. (NYSE: DSW) climbed 9.7% on Friday after after a notable analyst upgrade and encouraging results from fellow footwear retailer Foot Locker (NYSE: FL). For perspective on the latter, shares of Foot Locker skyrocketed more than 28% today after the company posted declining revenue […]
Derided by critics, trickle-down economics gets another try
WASHINGTON – Does money roll downhill? Continue Reading Below In their drive to cut taxes, President Donald Trump and congressional Republicans are betting it does. Behind their legislation is a theory long popular among conservatives: Slash taxes for corporations and rich people, who will then hire, invest and profit — […]
Why Cummins, Veritone, and Sears Holdings Slumped Today
Friday was a sluggish end to the week on Wall Street as market participants seemed content to coast into the weekend. Major benchmarks were down small fractions of a percentage point from their Thursday closing levels, but the tug of war continued between optimistic and pessimistic investors. Many believe that […]
Report shows Takata recall still moving slowly
DETROIT – A new report issued Friday says auto companies have replaced only 57 percent of potentially deadly Takata air bag inflators, even though recalls have been under way for more than 15 years. Continue Reading Below The report by an independent monitor appointed to keep tabs on the recalls […]
The Latest: Company: Spill controlled and no public threat
PIERRE, S.D. – The Latest on a pipeline still that leaked 210,000 gallons of oil in rural South Dakota (all times local): Continue Reading Below 1:40 p.m. Operator TransCanada Corp. says the leak of oil from the Keystone pipeline is “controlled” and not a threat to public safety. The company […]