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Carbon emission cost for automakers 'far from fully appreciated,' says Morgan Stanley's Adam Jonas

"Billions of tons of CO2 and hundreds of trillions of dollars of economic value hang in the balance," Morgan Stanley auto analyst Adam Jonas.

5 years ago

Lufthansa ready for arbitration as cabin crew strike begins

Lufthansa is ready to go into arbitration to resolve a long-running staff dispute, the CEO of Germany's largest airline said on Thursday, as a walkout by flight attendants disrupted travel plans of tens of thousands of passengers.



5 years ago

Lufthansa to cut more costs, as cabin crew strike over pay

German airline Lufthansa announced plans on Thursday to cut costs at its Austrian Airlines, Brussels Airlines and Lufthansa Cargo businesses to revive profits but faces a fresh challenge to its efforts with a cabin crew strike this week.



5 years ago

Facing shorter holiday season, U.S. retailers rev up faster delivery, early deals

U.S. retailers are rushing in with faster-than-ever delivery deals and earlier Christmas promotions in hopes of easing the impact of this year's shorter holiday selling season, a period that can be make-or-break for retailers.



5 years ago

Russia-China fund seeks Chinese investors for Saudi Aramco IPO

The Russia-China Investment Fund is working to attract Chinese investors for Saudi Aramco's planned initial public offering, the head of Russia's RDIF sovereign wealth fund said on Thursday.



5 years ago

Dish beats profit estimates on higher pay-TV subscriber addition

Dish Network Corp posted a better-than-expected quarterly profit on Thursday, as the U.S. satellite TV service provider surprised Wall Street by adding more payTV subscribers.



5 years ago

Here's everything you need to know about your 2020 taxes

The IRS has just released its planning figures for the 2020 tax year. Here's how to find out what tax bracket you'll be in next year.

5 years ago
5 years ago

Ralph Lauren tops profit estimates on cost control, Chinese demand

Ralph Lauren Corp beat quarterly profit estimates on Thursday, driven by tighter control on expenses and strong demand for its Polo shirts and tweed jackets in China and Europe, sending its shares up 9% in premarket trading .



5 years ago

Teva Pharm nudges up earnings forecast, names new CFO

Teva Pharmaceutical Industries nudged up its full-year earnings guidance on Thursday, after reporting a drop in third-quarter profit that broadly met expectations.



5 years ago

Drake signs up for Toronto marijuana venture

The biggest of Canada's new brand of marijuana producers will join forces with Toronto-born rap star Drake to launch a fully-licenced joint venture in the city to produce and distribute cannabis, the two sides said on Thursday.



5 years ago

Doing this can help military veterans transition easier into civilian life

Military members face a host of new challenges when they leave the service. Focusing on their credit score before exiting can help smooth the way, says expert Jim Lebenthal.

5 years ago

Exclusive: KKR targets record $15 billion for new Asia-focused fund - sources

Global private equity group KKR & Co Inc is targeting a record $15 billion for its new Asia-focused buyout fund, three sources with knowledge of the fundraising plan told Reuters.



5 years ago

Here are the hidden benefits of a Roth IRA conversion

While the main draw of a Roth IRA for many investors is the tax-free income it will deliver in their golden years, there are some instances when the benefits are greater.

5 years ago

Eu's Vestager says has received many concerns regarding Apple Pay

Europe's antitrust chief Margrethe Vestager said on Thursday that she has received many expressions of concerns regarding iPhone maker Apple's mobile payment service.



5 years ago