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UBS predicts a 'V-shaped' year where stocks drop, then recover back to where they are now

UBS raised its 2020 target on the S&P 500 to 3,250 from 3,000, a level not too far from where the benchmark is currently.

5 years ago

Stripteasing Musk launches Tesla SUV program In China

Elon Musk raised an online storm by dancing on stage at the launch of Tesla's Model Y electric sports utility vehicle program on Tuesday in its new Shanghai factory, where the company delivered its first cars built outside the United States to the public.



5 years ago

Democratic candidate Michael Bennet proposes 44% tax rate for wealthiest Americans

Democratic presidential contender Michael Bennet wants to increase the top income-tax rate paid by the wealthiest Americans to 44%, which experts say exceeds that of other presidential hopefuls to date.

5 years ago

S&P 500, Dow dip as Middle East concerns persist; chips rally

Oil stocks shed the most on the S&P 500 on Tuesday, taking the benchmark index further away from record highs, as investors nervously awaited the latest in the U.S.-Iran standoff.



5 years ago

U.S., European regulators to meet with Boeing this week on 737 MAX software audit

U.S. and European aviation safety regulators will meet with Boeing this week in an effort to complete a 737 MAX software documentation audit - a key step toward the grounded plane's eventual return to service.



5 years ago

Boeing recommending simulator training for pilots before resuming 737 MAX flights

Boeing Co is recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, which has been grounded since March after two fatal crashes killed 346 people, a federal agency said on Tuesday.



5 years ago

U.S. trade deficit at three-year low as imports tumble

The U.S. trade deficit fell to a more than three-year low in November as imports declined further, weighed down by the Trump administration's trade war with China, and exports rebounded, suggesting solid economic growth in the fourth quarter.



5 years ago

The retirement savings blind spot you don't realize you have

If you're like many Americans, you probably plan to push retirement off for as long as you can. But many workers are forced to quit early, often because of job loss or health issues. Here's why you need to factor in an earlier retirement date into your savings plan.

5 years ago

The Psychological Price of Entrepreneurship

Inc. | By Jessica Bruder | Jan 7, 2020 No one said building a company is easy. But it's time to be honest about how brutal it really is -- and the price so many founders secretly pay. Editor's Note: This article won an award in the Magazine Personal Service category in the 2014 Annual

5 years ago

Bankruptcy would be an easier option for consumers under Elizabeth Warren's plan

Democratic presidential hopeful Elizabeth Warren released a proposal on Tuesday that would remove some of the stricter rules for bankruptcy filings that were implemented in a 2005 law. Consumers also could discharge student loan debt in bankruptcy, which currently is difficult to do.

5 years ago

Latin America's Avianca reduces Airbus order by 20 planes

Latin American airline Avianca has reached an agreement with airplane manufacturer Airbus to reduce the number of planes it was set to buy by 20, the company said on Tuesday.



5 years ago

In U-turn, Boeing recommends 737 MAX simulator training for pilots

Boeing Co said on Tuesday it was recommending that airline pilots undergo simulator training before they resume flying the 737 MAX, a shift from its previous position that pilots only needed computer-based training on new software following two fatal crashes.



5 years ago

Citigroup names David Chubak, 39 year old ex-McKinsey partner, as head of US retail banking

The move comes at a critical time for Citigroup and CEO Michael Corbat.

5 years ago

Exclusive: Impossible Foods abandons pursuit of McDonald's burger deal

Impossible Foods is no longer trying to win a coveted deal to supply McDonald's Corp with plant-based burgers, telling Reuters it cannot produce enough of its imitation meat to partner with the world's No.1 fast-food chain.



5 years ago