Manufacturing & Engineering News

An artist put a statue of a urinating dog next to 'Fearless Girl' in protest
Tue, 30 May 2017 09:39:00 -0400

An artist put a statue of a urinating dog next to 'Fearless Girl' in protestPeople are still deeply unhappy about "Fearless Girl," the sculpture that was installed near Wall...


Embattled House intelligence chairman: Democrats are using the Russia 'narrative' to justify Clinton's loss
Tue, 30 May 2017 10:55:07 -0400

Embattled House intelligence chairman: Democrats are using the Russia 'narrative' to justify Clinton's lossHouse Intelligence Committee chairman Devin Nunes said congressional investigations into the...


US home prices rising 2 times faster than wages
Tue, 30 May 2017 09:20:50 -0400

US home prices rising 2 times faster than wagesWASHINGTON (AP) — U.S. home prices climbed in March at the strongest rate in nearly three year as a dwindling supply of houses for sale is causing prices to significantly outpace income growth.


Odd Lots: Poker Legend Phil Hellmuth Has Some Advice That Every Trader Should Hear
Tue, 30 May 2017 03:27:23 -0400

Odd Lots: Poker Legend Phil Hellmuth Has Some Advice That Every Trader Should HearHow to avoid going on tilt while trading.


Amazon shares break above $1,000 for the first time ever
Tue, 30 May 2017 10:30:48 -0400

Amazon shares break above $1,000 for the first time everAmazon shares passed $1,000 for the first time ever.


'Wonder Woman' set to break the box office — and could put to rest this myth about superhero movies
Sun, 28 May 2017 16:00:00 -0400

'Wonder Woman' set to break the box office — and could put to rest this myth about superhero movies'Wonder Woman' could finally put to rest what analysts say is a tired story: that audiences won't pay to see female-led superhero movies.


Here’s One Credible Reason to Doubt the Russia-Kushner Story
Sun, 28 May 2017 15:45:00 -0400

Here’s One Credible Reason to Doubt the Russia-Kushner StoryFollowing the Washington Post report on Friday that top White House adviser Jared Kushner had approached the Russian ambassador to the US about opening a secret line of communications between Moscow and the Trump transition team in the months prior to his father-in-law’s inauguration, the White House has been trying to beat down the story. The administration sent out National Security Adviser H.R. McMaster and Secretary of Homeland Security John Kelly, one a current Army general and the other a retired Marine Corps general, to deliver a similar message over the weekend.


Clinton, Obama are still in charge: Varney
Tue, 30 May 2017 10:15:03 -0400

Clinton, Obama are still in charge: VarneyFBN's Stuart Varney says Hillary Clinton, President Obama, Nancy Pelosi and Charles Schumer are leading the resistance movement in the Democrat Party.


Want to Be Rich? Here’s All the Advice You’ll Ever Need, in 10 Simple Sentences
Mon, 29 May 2017 11:00:30 -0400

Want to Be Rich? Here’s All the Advice You’ll Ever Need, in 10 Simple SentencesI’ve been offering financial advice professionally for nearly 40 years. I’m also a millionaire several times over. During my decades in the trenches, I’ve heard every conceivable piece of financial advice, ...


The New Target Retirement Age: 66
Tue, 30 May 2017 09:00:00 -0400

The New Target Retirement Age: 66The ideal retirement age is no longer 65. The Social Security full retirement age is 66 for baby boomers born between 1943 and 1954. This is the age when baby boomers are eligible to collect the full Social Security benefit they have earned.


Trump's 'Big Win' in Europe is the World's Big Loss
Mon, 29 May 2017 09:00:00 -0400

Trump's 'Big Win' in Europe is the World's Big LossThe leader of the country with the largest economy in the Eurozone retreated to a beer hall in Munich on Sunday for a rally where she hefted a massive stein full of lager and assessed, as she sees it, the grim new reality facing Europe. After several days interacting with Donald Trump in the US president’s first overseas trip, her takeaway was ominous: We’re on our own.


The founder of Android just unveiled his new smartphone
Tue, 30 May 2017 07:53:16 -0400

The founder of Android just unveiled his new smartphoneThe founder of Android, Andy Rubin, just unveiled his new "Essential" smartphone which will cost $699.


Texas lawmakers reportedly threaten each other with violence, gunplay after protest over an immigration law
Mon, 29 May 2017 18:59:48 -0400

Texas lawmakers reportedly threaten each other with violence, gunplay after protest over an immigration lawThe Texas Legislature erupted in chaos on Monday, the last day of the legislative session, amid...


Navy parachutist dies during demonstration over Hudson River
Mon, 29 May 2017 09:43:04 -0400

Navy parachutist dies during demonstration over Hudson RiverIn the shadow of the Statue of Liberty, a Navy Seal team member fell to his death Sunday after his parachute failed to open during a Fleet Week demonstration over the Hudson River. The accident occurred ...


Ties With Iran Spark Dispute in Gulf
Tue, 30 May 2017 00:57:30 -0400

Ties With Iran Spark Dispute in GulfMay.30 -- A United Arab Emirates minister said Gulf Arab monarchies are going through a “severe” crisis, an apparent reference to a spat between a Saudi-led alliance and Qatar over ties with Iran. Bloomberg's Riad Hamade reports on "Bloomberg Markets: Middle East."


Defense Secretary James Mattis on what keeps him up at night: 'Nothing. I keep other people awake'
Mon, 29 May 2017 14:18:25 -0400

Defense Secretary James Mattis on what keeps him up at night: 'Nothing. I keep other people awake'Defense Secretary James Mattis pulled out a casual punchline Sunday when an interviewer asked...


Venezuelan opposition threatens country won't pay Goldman Sachs' $2.8 billion bond deal
Mon, 29 May 2017 23:04:50 -0400

Venezuelan opposition threatens country won't pay Goldman Sachs' $2.8 billion bond dealVenezuela's National Assembly leader has threatened a later government may refuse to pay $2.8 billion in bonds that Goldman Sachs recently purchased.


Oversold: Oil traders punish OPEC for promising too much
Mon, 29 May 2017 02:04:24 -0400

Oversold: Oil traders punish OPEC for promising too muchAs OPEC's latest meeting wrapped up in Vienna on Thursday night, ministers congratulated each other on its rare spirit of amity and consensus. While OPEC has worked hard in recent years on improving communication to ensure the right message is delivered to financial markets, Thursday's experience showed the 14-member group and its non-OPEC allies still have a long way to go. OPEC agreed on Thursday to extend its existing production cuts by nine months - more than the initially suggested six months - in tandem with non-OPEC producers, including Russia.


AP FACT CHECK: A rash of Trump statements under scrutiny
Mon, 29 May 2017 03:15:39 -0400

AP FACT CHECK: A rash of Trump statements under scrutinyWASHINGTON (AP) — President Donald Trump has reopened his Twitter spigot now that his foreign trip is over, so brace yourself. The intensifying investigations into Russian interference in the election and the potential involvement of associates have reached his son-in-law, Jared Kushner, and appear to have caught the president in a bare-knuckled mood.


U.S. companies no longer know rules of game under Trump, Hasbro director says
Mon, 29 May 2017 12:29:27 -0400

U.S. companies no longer know rules of game under Trump, Hasbro director saysConfusion surrounding the trade policies of U.S. President Donald Trump's administration means U.S. companies no longer know the rules of the game, a board member and former CEO of toymaker Hasbro told an international conference on Monday. Alan G. Hassenfeld, whose family founded America's second largest toymaker in the 1920s, said: "We thought, you know, if you run a business today you would like to know what the rules of the game are," Hassenfeld at told the Horasis conference, attended by business leaders, politicians and academics to discuss globalization and other challenges for corporations.


Tesla’s former Autopilot head is launching a self-driving-car company — and it could have a big advantage
Mon, 29 May 2017 10:37:00 -0400

Tesla’s former Autopilot head is launching a self-driving-car company — and it could have a big advantageIt's not particularly shocking to see a new startup pop up at this point in the lucrative race to...


City clash fuels fear of IS foothold in southern Philippines
Tue, 30 May 2017 00:31:23 -0400

City clash fuels fear of IS foothold in southern PhilippinesMilitants who have laid siege to a southern Philippines city had been planning a spate of attacks during the holy month of Ramadan to earn recognition as a regional branch of the Islamic State group, the ...


I retired early, in spite of these 4 big investing mistakes
Mon, 29 May 2017 12:11:11 -0400

I retired early, in spite of these 4 big investing mistakesDarrow Kirkpatrick says his experience proves you don’t have to be a perfect investor to succeed in the end.


Snap CEO Evan Spiegel and supermodel Miranda Kerr got married in an 'intimate affair' on Saturday
Sun, 28 May 2017 13:15:48 -0400

Snap CEO Evan Spiegel and supermodel Miranda Kerr got married in an 'intimate affair' on SaturdaySnap CEO Evan Spiegel and supermodel Miranda Kerr have officially tied the knot. The pair got...


Russia squares up to Boeing, Airbus with maiden jet flight
Mon, 29 May 2017 07:22:48 -0400

Russia squares up to Boeing, Airbus with maiden jet flightRussia carried out the maiden flight of its new MS-21 medium-range passenger plane on Sunday, its first post-Soviet foray into production of a mainline commercial aircraft which it hopes will rival those of its Western competitors. In a surprise statement, manufacturer Irkut Corporation and its state-controlled parent company United Aircraft Corporation (UAC) said an MS-21-300 model had successfully completed a 30-minute flight at a height of 1,000 meters and traveling at 300 km an hour. Squeezed by Western sanctions over its role in the Ukraine crisis, Russia is trying to rejuvenate domestic industrial production to make the country less dependant on foreign firms.


Modi's strategy to 'play with everybody'
Mon, 29 May 2017 20:53:00 -0400

Modi's strategy to 'play with everybody'Anil Gupta, professor at the University of Maryland, weighs in on Indian PM Narendra Modi's foreign policy as he visits Europe this week.


8 dead in shooting rampage in Mississippi; suspect arrested
Sun, 28 May 2017 14:22:41 -0400

8 dead in shooting rampage in Mississippi; suspect arrestedA man who got into an argument with his estranged wife over their children was arrested in a house-to-house shooting rampage in rural Mississippi that left eight people dead, including a sheriff's deputy. ...


Dallas Fed chief: Trump's growth hopes aren't happening, and here's why
Tue, 30 May 2017 07:38:18 -0400

Dallas Fed chief: Trump's growth hopes aren't happening, and here's whyRobert Kaplan is president and CEO of the Federal Reserve Bank of Dallas and a voting member of the Fed's policy-setting committee.


Chipotle’s data breach: How to tell if you may have been a victim
Tue, 30 May 2017 02:12:23 -0400

Chipotle’s data breach: How to tell if you may have been a victimChipotle updates on the data breach at some of its restaurants in the spring, giving dates and locations of restaurants affected.


China Steps Up as the U.S. Steps Back
Sun, 28 May 2017 19:12:04 -0400

China Steps Up as the U.S. Steps BackMay.28 -- ANZ Banking Group Chief China Economist Raymond Yeung discusses global trade. He speaks on "Bloomberg Daybreak: Australia."


The Trump administration is skirting the biggest question about Kushner-Russia ties
Sun, 28 May 2017 21:20:00 -0400

The Trump administration is skirting the biggest question about Kushner-Russia tiesOn Friday, The Washington Post broke a bombshell report that President Trump's senior adviser and...


Money milestones: This is how your finances should look in your 60s
Tue, 30 May 2017 10:05:21 -0400

Money milestones: This is how your finances should look in your 60sThe time to decide if you have — or had — enough.


ObamaCare repeal, tax reform this year despite White House drama: Rep. Brady
Sun, 28 May 2017 16:00:00 -0400

ObamaCare repeal, tax reform this year despite White House drama: Rep. BradyPresident Trump has returned to the White House after a successful first trip abroad, signaling a shift back to domestic issues: health care, tax reform, and whether Republicans can work together to deliver legislation amidst ongoing distractions that continue to plague the administration.


Backdoor IRAs: Another way for high earners to save on taxes in retirement
Mon, 29 May 2017 10:00:00 -0400

Backdoor IRAs: Another way for high earners to save on taxes in retirementBy taking advantage of the backdoor IRA strategy, high-income earners can have more tax-free funds available in retirement.


Russian officials reportedly discussed having 'derogatory' information about Trump
Tue, 30 May 2017 07:56:47 -0400

Russian officials reportedly discussed having 'derogatory' information about TrumpUS intelligence officials intercepted conversations between Russian government officials during...


Macron could be Germany's biggest ally in maintaining Rus...
Mon, 29 May 2017 19:30:00 -0400

Macron could be Germany's biggest ally in maintaining Rus...Jacob Kirkegaard of the Peterson Institute for International Economics explains why Macron is expected to be tough on Vladimir Putin and Russia.


Trump's attacks on Germany show he misunderstands a basic fact about Europe
Tue, 30 May 2017 10:48:04 -0400

Trump's attacks on Germany show he misunderstands a basic fact about EuropeWith friends like these, the saying goes, who needs enemies? America's European allies may be...


Get ready for the big jobs report, a potential June market swoon & more
Mon, 29 May 2017 23:17:43 -0400

Get ready for the big jobs report, a potential June market swoon & moreThis week, it's all about the May jobs report on Friday. Plus, the market could change its tune in June and Trump returns. Buckle up!


Bank of Nova Scotia posts 2Q profit
Tue, 30 May 2017 07:04:29 -0400

Bank of Nova Scotia posts 2Q profitThe bank, based in Toronto, said it had earnings of $1.22 per share. Earnings, adjusted for amortization costs, came to $1.23 per share. The results beat Wall Street expectations. The average estimate ...


Lockheed Martin Wins $20M Navy Deal for Work on F-35 Lot 15
Tue, 30 May 2017 07:33:11 -0400

Lockheed Martin Wins $20M Navy Deal for Work on F-35 Lot 15Lockheed Martin Corp.'s (LMT) business unit, Aeronautics, has won a modification contract from the U.S. Navy to procure work on the aircraft memory system and panoramic cockpit display.


This stock market is priced to sell
Tue, 30 May 2017 08:43:27 -0400

This stock market is priced to sellFear of missing out on the rally could cost you plenty, writes Vitaliy N. Katsenelson.


'We are not amused': Belgian monarchy angered by Burger King
Mon, 29 May 2017 13:29:19 -0400

'We are not amused': Belgian monarchy angered by Burger KingBurger King is in trouble with Belgium's monarchy over an advertising campaign asking Belgians to vote online to "crown" the global fast-food giant the true ruler of the country where the U.S. brand will launch next month. Representatives of Belgium's King Philippe on Monday asked the local unit of Burger King, owned by Restaurant Brands International , to explain itself. Shana Van den Broeck, a spokeswoman for Burger Brands Belgium, said that the company is considering whether to make changes to the advertising.


With Gianforte's win, two of Montana's three congressional reps have ties to Oracle
Tue, 30 May 2017 07:21:07 -0400

With Gianforte's win, two of Montana's three congressional reps have ties to OracleMontana's newest members of Congress — Greg Gianforte in the House and Sen. Steve Daines — come from a tech company that sold to Oracle for $1.5 billion.


Nike and Under Armour both win with Cavs-Warriors NBA Finals rematch
Tue, 30 May 2017 07:22:16 -0400

Nike and Under Armour both win with Cavs-Warriors NBA Finals rematchCleveland and Golden State will face off in the NBA Finals for the third year in a row, the first time that's ever happened. The grudge match is good business for all involved, especially Nike and Under Armour.


Investigators search Ukrainian offices of Russia's Yandex
Mon, 29 May 2017 14:20:33 -0400

Investigators search Ukrainian offices of Russia's YandexKIEV/MOSCOW May 29 (Reuters) - Ukraine's State Security Service (SBU) raided the Kiev and Odessa offices of Russia's top search site Yandex on Monday, accusing the company of illegally collecting Ukrainian users' data and sending it to Russian security agencies. Ukraine imposed sanctions on Yandex and several other Russian Internet firms this month and blocked access to their websites, saying it wanted to guard against cyber threats. "There are representatives of Ukraine's Security Service in our offices in Kiev and Odessa," Yandex said in a statement, saying its lawyers were willing to help with any investigation.


Greece denies report it may opt out of receiving more bailout money
Tue, 30 May 2017 10:17:31 -0400

Greece denies report it may opt out of receiving more bailout moneyGreece on Tuesday denied a German newspaper report it could refuse receipt of bailout loans needed to make a July debt repayment if its lenders fail to offer clear debt relief terms, despite it having passed more reforms. Tuesday's report in mass-selling Bild that Athens could go without new loans of about 7 billion euros (£6 billion) if it does not get comprehensive debt relief, and it was itself putting billions of euros aside preparing for this scenario, rattled the euro in early trade. Greek Finance Minister Euclid Tsakalotos dismissed the report saying it distorted what he said during a news briefing a day earlier.


French president flexes diplomatic muscles in Putin meeting
Mon, 29 May 2017 20:12:49 -0400

French president flexes diplomatic muscles in Putin meetingFlexing his diplomatic muscles, French President Emmanuel Macron said he had "extremely frank" and "direct" talks with Russian President Vladimir Putin on Monday and launched an extraordinary ...


2,000 Wall Streeters just had a meeting in Las Vegas, and they all kept making the same awkward noise
Mon, 29 May 2017 11:51:00 -0400

2,000 Wall Streeters just had a meeting in Las Vegas, and they all kept making the same awkward noiseOne distinct noise dominated the biggest Wall Street conference of 2017. It wasn't the "Wolf of...


CNN anchor presses Rahm Emanuel to say whether he wants Hillary Clinton to run in 2020
Sun, 28 May 2017 16:39:00 -0400

CNN anchor presses Rahm Emanuel to say whether he wants Hillary Clinton to run in 2020CNN's Dana Bash pushed Chicago Mayor Rahm Emanuel on Sunday to answer whether he wanted...


Is PepsiCo (PEP) Mulling Over Buyout of Vita Coco Owner?
Mon, 29 May 2017 08:08:12 -0400

Is PepsiCo (PEP) Mulling Over Buyout of Vita Coco Owner?In a bid to diversify its offerings amid soft sales, beverage giant PepsiCo Inc. (PEP) is in talks to buy All Market Inc, the owner of coconut water brand, Vita Coco, as per media reports.