Corning Incorporated (NYSE: GLW) announced third-quarter 2017 results on Oct. 24, detailing an impressive period led by the continued outperformance of the glass technologist’s optical and specialty materials segments. In addition, Corning remains on track to meet financial targets laid out under its $22.5 billion strategic capital-allocation framework and offered an encouraging […]
FOX News
More people think renting is a better deal than buying
A growing percentage of renters believe it is cheaper to rent than to buy a home, which helps explain why the homeownership rate remains persistently low nearly a decade after the housing crash. Continue Reading Below A boom in apartment construction in the past few years has caused rent increases […]
Toyota confirms it will scale back Mexico plant
A 2015 Toyota Camry (L) is seen at the press day for the Washington Auto Show in Washington January 22, 2015. (Reuters) Toyota Motor Corp (TM) on Tuesday confirmed reports it will scale back a planned plant in Guanajuato, Mexico by 30 percent to $700 million and will cut planned […]
Lumber Liquidators settles class-actions related to China-made products
Lumber Liquidators Holdings Inc (LL) said it would settle all pending litigations related to the China-made flooring products sold by the hardwood flooring retailer for an aggregate settlement amount of $36 million. Continue Reading Below The company said on Tuesday it signed agreement with complainants in two cases in the […]
US considers higher entry fees at 17 popular national parks
FLAGSTAFF, Ariz. – The National Park Service is considering a steep increase in entrance fees at 17 of its most popular parks, mostly in the U.S. West, to address a backlog of maintenance and infrastructure projects. Continue Reading Below Visitors to the Grand Canyon, Yosemite, Yellowstone, Zion and other national […]
Democrat urges probe of power contract to Zinke neighbor
WASHINGTON – A Democratic congressman is calling for an investigation into a $300 million contract awarded to a small company based in Interior Secretary Ryan Zinke’s hometown of Whitefish, Montana. Continue Reading Below The Puerto Rico Electric Power Authority awarded the contract to Whitefish Energy Holdings to help crews restore […]
Minnesota governor now supports PolyMet copper-nickel mine
ST. PAUL, Minn. – Minnesota Gov. Mark Dayton says he’s moved from being “genuinely undecided” on the proposed PolyMet copper-nickel mine to being a genuine supporter of the project. Continue Reading Below PolyMet has many backers because it promises 360 permanent jobs in the Hoyt Lakes-Babbitt area of northeastern Minnesota’s […]
Flint council approves short-term deal for drinking water
FLINT, Mich. – The Flint City Council has voted to extend a water contract for two more years, despite a judge’s order that it come up with a long-term solution to get residents past a lead contamination crisis. Continue Reading Below The council voted Monday for a two-year contract with […]
Amazon will control nearly half of US e-commerce sales this year
Amazon (AMZN) has tightened its stranglehold on the e-commerce business. Continue Reading Below New research shows that Amazon will control 44% of all online sales in the U.S. this year, according to eMarketer data cited by Recode. That’s an increase from Amazon’s market share of 38% in 2016. Amazon’s online […]
How major US stock indexes fared on Tuesday
Construction and mining equipment maker Caterpillar and Post-it note maker 3M led a rally in industrial companies Tuesday after they made strong third-quarter reports. Other U.S. stocks finished the day with smaller gains. Continue Reading Below On Tuesday: The Standard & Poor’s 500 index rose 4.15 points, or 0.2 percent, […]