Markets
United Airlines CEO resigns following federal investigation
- September 10, 2015
The Port Authority oversees Newark airport where United has a big hub. And the investigation is still ongoing - both an internal investigation, keep in mind, and the investigation by the federal authorities. "We were the biggest excuse machine east of the Mississippi", said one current CSX manager who declined to be quoted by name. In addition, Smisek also signed a two-year noncompete, as well as a confidentiality agreement. (more...)
- September 10, 2015
The Port Authority oversees Newark airport where United has a big hub. And the investigation is still ongoing - both an internal investigation, keep in mind, and the investigation by the federal authorities. "We were the biggest excuse machine east of the Mississippi", said one current CSX manager who declined to be quoted by name. In addition, Smisek also signed a two-year noncompete, as well as a confidentiality agreement. (more...)
Fiat Chrysler to move Jeep Cherokee production out of Ohio: Automotive News
- September 10, 2015
Through July, sales there gained 7 percent, according to LMC Automotive , a data firm. McElroy says we probably won't have to wait long to find out about the potential move. Owners of the 1993-1998 Jeep Grand Cherokee and 2002-2007 Jeep Liberty who hadn't taken their SUVs in for recall repairs for a faulty gas tank by July 24 are eligible for a $1,000 credit that can be applied toward the purchase of a new Fiat Chrysler auto or truck at a dealership. (more...)
- September 10, 2015
Through July, sales there gained 7 percent, according to LMC Automotive , a data firm. McElroy says we probably won't have to wait long to find out about the potential move. Owners of the 1993-1998 Jeep Grand Cherokee and 2002-2007 Jeep Liberty who hadn't taken their SUVs in for recall repairs for a faulty gas tank by July 24 are eligible for a $1,000 credit that can be applied toward the purchase of a new Fiat Chrysler auto or truck at a dealership. (more...)
Interest rate hike is still uncertain because of USA jobs data
- September 10, 2015
Even though hiring in August was the slowest in five months , the government revised its estimates for job growth for June and July which is being seen as a big positive by the analysts on the street. Mining and logging employment fell by 10,000 jobs last month. The economy added 173,000 jobs, below the expectation for 217,000, although August payrolls are usually revised higher . (more...)
- September 10, 2015
Even though hiring in August was the slowest in five months , the government revised its estimates for job growth for June and July which is being seen as a big positive by the analysts on the street. Mining and logging employment fell by 10,000 jobs last month. The economy added 173,000 jobs, below the expectation for 217,000, although August payrolls are usually revised higher . (more...)
LG's Double-Sided 4K OLED TV
- September 09, 2015
OLED doesn't require a backlight because the pixels on the screen can be individually switched on or off, resulting in nearly infinite contrast levels and high light output. However, both of them are still in their prototype stages, but it pretty much shows what LG is capable of introducing to the market. LG has been scheduled to launch TVs with quantum dot displays this month, with the quantum dots coming from US company Dow Chemical. (more...)
- September 09, 2015
OLED doesn't require a backlight because the pixels on the screen can be individually switched on or off, resulting in nearly infinite contrast levels and high light output. However, both of them are still in their prototype stages, but it pretty much shows what LG is capable of introducing to the market. LG has been scheduled to launch TVs with quantum dot displays this month, with the quantum dots coming from US company Dow Chemical. (more...)
When might the Fed raise interest rates? New York Times answers
- September 08, 2015
The U.S. economy likely added jobs at a steady pace in August and the unemployment rate probably fell to a near 7-1/2-year low of 5.2 percent , which could allow a cautious Federal Reserve to consider a September interest rate hike . (more...)
- September 08, 2015
The U.S. economy likely added jobs at a steady pace in August and the unemployment rate probably fell to a near 7-1/2-year low of 5.2 percent , which could allow a cautious Federal Reserve to consider a September interest rate hike . (more...)
Labor Day Trivia Facts 2015: 10 Fun Things For Kids To Know
- September 08, 2015
Labor issues such as shorter hours and better working conditions were being supported with parades and picnics. With respect to unionization, the law still gives many workers no choice at all. Twenty-nine states have done so. Governor Wolf supports the increase and so does over 70 percent of Pennsylvanians. My father, who was a member of the Transit Workers Union, taught me the importance of remembering history and recognizing those whose work created the opportunities we enjoy today. (more...)
- September 08, 2015
Labor issues such as shorter hours and better working conditions were being supported with parades and picnics. With respect to unionization, the law still gives many workers no choice at all. Twenty-nine states have done so. Governor Wolf supports the increase and so does over 70 percent of Pennsylvanians. My father, who was a member of the Transit Workers Union, taught me the importance of remembering history and recognizing those whose work created the opportunities we enjoy today. (more...)
US Stock Markets Tumble By Nearly 3 Percent As China Worries Renew
- September 08, 2015
The Chinese government said yesterday an index of manufacturing fell to a three-year low.On Tuesday , data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting in United States stocks closing down almost 3 %. (more...)
- September 08, 2015
The Chinese government said yesterday an index of manufacturing fell to a three-year low.On Tuesday , data suggesting China's manufacturing sector was shrinking at its fastest pace in three years ignited a global market sell-off, resulting in United States stocks closing down almost 3 %. (more...)
Emera to purchase TECO Energy, energy company, for $10.4B US
- September 08, 2015
The surge in the stock was on the back of report that Teco Energy would be acquired by Emera Inc .which is being seen as a huge positive by the investor and analyst's community on the street. The acquisition of TECO Energy is an ideal strategic fit for Emera due to its business and generation mix and expanded US presence in constructive regulatory jurisdictions. (more...)
- September 08, 2015
The surge in the stock was on the back of report that Teco Energy would be acquired by Emera Inc .which is being seen as a huge positive by the investor and analyst's community on the street. The acquisition of TECO Energy is an ideal strategic fit for Emera due to its business and generation mix and expanded US presence in constructive regulatory jurisdictions. (more...)
Union: Fiat says Jeep Wrangler staying in Ohio, not Cherokee
- September 07, 2015
If his plan ever comes to fruition it will undoubtedly mean job cuts and plant closures around the world, but it appears that little would change in Canada as the country's shrinking auto sector continues to be buffeted by headwinds largely outside its control. (more...)
- September 07, 2015
If his plan ever comes to fruition it will undoubtedly mean job cuts and plant closures around the world, but it appears that little would change in Canada as the country's shrinking auto sector continues to be buffeted by headwinds largely outside its control. (more...)
Is a New Jeep Wrangler Pickup Truck Finally Being Made?
- September 07, 2015
No matter how the logistical needs are sorted, FCA has a vested interest in keeping the size of the Wrangler pickup close to that of the Wrangler Unlimited. In Canada, the two companies employ about 20,000 people and operate six plants in southern Ontario, and Faria said this is unlike to change - at least not as a direct result of a merger. (more...)
- September 07, 2015
No matter how the logistical needs are sorted, FCA has a vested interest in keeping the size of the Wrangler pickup close to that of the Wrangler Unlimited. In Canada, the two companies employ about 20,000 people and operate six plants in southern Ontario, and Faria said this is unlike to change - at least not as a direct result of a merger. (more...)
Fiat Chrysler to move Jeep Cherokee production out of Ohio
- September 07, 2015
However, the move Marchionne is doing portrays a very bold attempt in reversing the natural order by pushing the takeover. "Not hostile ", he told Vellequette. "It doesn't take a rocket scientist to know that the only way I can move around the Wrangler is to move it into the other Toledo plant". Over the years, the company has found a way to make more Wranglers by making improvements to the plant and because its workers have been willing to work overtime. (more...)
- September 07, 2015
However, the move Marchionne is doing portrays a very bold attempt in reversing the natural order by pushing the takeover. "Not hostile ", he told Vellequette. "It doesn't take a rocket scientist to know that the only way I can move around the Wrangler is to move it into the other Toledo plant". Over the years, the company has found a way to make more Wranglers by making improvements to the plant and because its workers have been willing to work overtime. (more...)
Latest On Keep Jeep News from The Scott Show
- September 07, 2015
GM, the largest automaker in the United States, is not interested in a merger with FCA, Automotive News said, citing executives at the corporation. Both the 200 and Dart sedans are actually constructed using versions of the platform used to also underpin the Cherokee. (more...)
- September 07, 2015
GM, the largest automaker in the United States, is not interested in a merger with FCA, Automotive News said, citing executives at the corporation. Both the 200 and Dart sedans are actually constructed using versions of the platform used to also underpin the Cherokee. (more...)
Eurostar trains stopped for possible migrant activity
- September 06, 2015
The most frustrating part of the experience, according to the abandoned passengers, was when they had to wait in the cold for a replacement train. Police patrols Eurostar said not more than 750 passengers - the maximum capacity of its 18-car trains - were stranded in the station. (more...)
- September 06, 2015
The most frustrating part of the experience, according to the abandoned passengers, was when they had to wait in the cold for a replacement train. Police patrols Eurostar said not more than 750 passengers - the maximum capacity of its 18-car trains - were stranded in the station. (more...)
Uber Facing Class Action Lawsuit From Drivers
- September 06, 2015
In his 68-page ruling , Judge Chen said that granting class-action status does not reflect the eventual merit of the drivers' claims, but added that he "is not now convinced the plaintiffs have established adequacy with respect to their expense reimbursement claim". (more...)
- September 06, 2015
In his 68-page ruling , Judge Chen said that granting class-action status does not reflect the eventual merit of the drivers' claims, but added that he "is not now convinced the plaintiffs have established adequacy with respect to their expense reimbursement claim". (more...)
Bill Gross: Fed intent on hiking rates but austerity the real problem
- September 03, 2015
The gloomier outlook suggests that Rosengren will be hesitant to support raising the Fed's target interest rate for the first time in almost a decade when he and other top central bank officials convene for their regular policy meeting in Washington this month. (more...)
- September 03, 2015
The gloomier outlook suggests that Rosengren will be hesitant to support raising the Fed's target interest rate for the first time in almost a decade when he and other top central bank officials convene for their regular policy meeting in Washington this month. (more...)
Carol Burnett, Emily Blunt to appear on 'Late Show with Stephen Colbert'
- September 03, 2015
But Colbert cares a lot about theater, and his team's reached out to all the shows". Colbert's first week of guests were an interesting mix of Hollywood stars, business people, and politicians. Emily Blunt and Justice Stephen Breyer kick off Colbert's second week of shows for the September 14 episode, with a musical performance by The Dead Weather. (more...)
- September 03, 2015
But Colbert cares a lot about theater, and his team's reached out to all the shows". Colbert's first week of guests were an interesting mix of Hollywood stars, business people, and politicians. Emily Blunt and Justice Stephen Breyer kick off Colbert's second week of shows for the September 14 episode, with a musical performance by The Dead Weather. (more...)
How the Dow Jones industrial average fared on Monday
- September 01, 2015
The importance of this latest round of data , Joshua Mahony, IG market analyst said in a note, is that it revealed the nation's slowdown is hitting larger, state-backed companies. The final Caixin/Markit manufacturing purchasing managers' index for August came in at 47.3, the lowest reading since March 2009. Sharing similar optimism, worldwide investor Jim Rogers increased his stakes in Chinese stocks over the last few weeks, amid an epidemic of panic selling. (more...)
- September 01, 2015
The importance of this latest round of data , Joshua Mahony, IG market analyst said in a note, is that it revealed the nation's slowdown is hitting larger, state-backed companies. The final Caixin/Markit manufacturing purchasing managers' index for August came in at 47.3, the lowest reading since March 2009. Sharing similar optimism, worldwide investor Jim Rogers increased his stakes in Chinese stocks over the last few weeks, amid an epidemic of panic selling. (more...)
Is it really that hard to work at Amazon?
- August 24, 2015
Behind their logos you'll find sophisticated supply chain management, tens of thousands of employees working away on assembly lines, in warehouses, under fluorescent lighting. Amazon seems to have created a work environment that leads to backstabbing, grandstanding, and inevitable conflicts between workers fighting to prove they shouldn't be fired in the company's annual culling. (more...)
- August 24, 2015
Behind their logos you'll find sophisticated supply chain management, tens of thousands of employees working away on assembly lines, in warehouses, under fluorescent lighting. Amazon seems to have created a work environment that leads to backstabbing, grandstanding, and inevitable conflicts between workers fighting to prove they shouldn't be fired in the company's annual culling. (more...)
Morgan Stanley analyst bullish on Tesla's future, says stock could rise 91%
- August 23, 2015
He points not only to Tesla's electrification of vehicles and its unique charging network, but to shared mobility and transport coupled with smart technology. It is betting on Tesla Motors to make a mass-market vehicle mobility service a reality. It will have a senosrs and software that Jonas says "could a new industry standard for driver-replacement technologies that could eventually find their way into high-utilization shared mobility models". (more...)
- August 23, 2015
He points not only to Tesla's electrification of vehicles and its unique charging network, but to shared mobility and transport coupled with smart technology. It is betting on Tesla Motors to make a mass-market vehicle mobility service a reality. It will have a senosrs and software that Jonas says "could a new industry standard for driver-replacement technologies that could eventually find their way into high-utilization shared mobility models". (more...)
Audi's Electric Crossover Boasts Range Topping Tesla's Model S
- August 22, 2015
It won't be out until the end of September but the Tesla Model X SUV is already set to get a European rival. Size wise, the Audi e-tron will be positioned between the company's compact Q5 crossover and Q7. Audi might have most of the details sorted out but, as it turns out, it will be a while before the all-electric SUV moves from being merely a concept ride to making its proper debut. (more...)
- August 22, 2015
It won't be out until the end of September but the Tesla Model X SUV is already set to get a European rival. Size wise, the Audi e-tron will be positioned between the company's compact Q5 crossover and Q7. Audi might have most of the details sorted out but, as it turns out, it will be a while before the all-electric SUV moves from being merely a concept ride to making its proper debut. (more...)
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