Adobe Systems Inc (ADBE) warned on Monday that hackers are exploiting vulnerabilities in its Flash multimedia software platform in web browsers, and the company urged users to quickly patch their systems to prevent such attacks. Continue Reading Below The warning came after cyber security firm Kaspersky Lab Inc said a […]
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Bombardier Inc. to partner with Airbus on C Series program
TORONTO – Canadian plane maker Bombardier has a sold a majority stake in its C Series passenger jet business to European aerospace giant Airbus. Continue Reading Below The move comes after the U.S. Commerce Department imposed harsh duties on Bombardier, charging the Canadian company is selling the C Series planes […]
Box Office Top 20: ‘Happy Death Day’ parties at No. 1
LOS ANGELES – Driven by younger audiences, the small-budget horror thriller “Happy Death Day” opened this weekend in the top spot at the box office with $26 million, while “Blade Runner 2049” slid into second place in its second weekend in theaters with $15.5 million. Continue Reading Below Jackie Chan’s […]
Spain lowers 2018 growth forecast from 2.6 to 2.3 percent amid political uncertainty in Catalonia
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Rates on US Treasury bills climb at weekly auction
WASHINGTON – Interest rates on short-term Treasury bills rose in Monday’s auction with rates on six-month bills climbing to their highest level in nine years. Continue Reading Below The Treasury Department auctioned $42 billion in three-month bills at a discount rate of 1.090 percent, up from 1.085 percent last week. […]
GM workers in Canada end strike at Equinox factory
Workers at a General Motors (GM) factory in Canada approved a new labor contract Monday, ending a four-week strike that stalled production of the Chevrolet Equinox. Continue Reading Below GM’s CAMI assembly plant in Ingersoll, Ontario, is the main source of Equinox crossovers. The facility had been idle since Sept. […]
Source: Trump to meet with Yellen to discuss Fed job
WASHINGTON – Federal Reserve Chair Janet Yellen will meet with President Donald Trump on Thursday to discuss the possibility of a second term as head of the central bank, a source familiar with the administration’s Fed search said Monday. Continue Reading Below Trump has said Yellen is one of several […]
Exelixis and Ruby Tuesday rise while Nordstrom and Tesla dip
NEW YORK – Stocks that moved substantially or traded heavily Monday: Continue Reading Below Aramark, up 20 cents to $42.53 The food, facilities and uniform company agreed to make two acquisitions for $2.35 billion. Tesla Inc., down $4.97 to $350.60 The electric car maker fired several hundred workers. Exelixis Inc., […]
Wall St. inches up with financials; earnings in focus
All three major U.S. stock index rose to record closing highs on Monday, with the Dow Jones Industrial Average less than 50 points below 23,000, ahead of a long list of earnings this week and as financial shares recovered from last week’s losses. Continue Reading Below JPMorgan Chase <JPM.N> and […]
Which generation will retire the richest?
According to a new study published earlier this month by NerdWallet, millennial parents (ages 18-34) are set to out-save other generations. Continue Reading Below The study found that millennial parents are contributing a median 10% of their annual income to their retirement savings. Generation X parents (ages 35-54) are contributing […]