General Motors plans to spend $5.4 billion to improve its U.S. factories during the next three years, creating about 650 new jobs. The company gave details of $783.5 million of the investments on Thursday …
Demand for mega-mansions and penthouses has accelerated as wealthy buyers seek havens for their cash and search for alternative investments such as art and collectible real estate, according to a report Thursday by Christie’s International Real Estate, owned by auction house Christie’s. Five homes sold for more than $100 million last year, with at least 20 more on the market with nine-figure asking prices, the brokerage said. “You’re looking at
The number of Americans filing new claims for jobless benefits tumbled to a 15-year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter. Initial claims for state unemployment benefits fell 34,000 to a seasonally adjusted 262,000 for the week ended April 25, the lowest reading since April 2000, the Labor Department said. The four-week moving average of
Analysis from Carter Worth, head of technical analysis at Cornerstone Macro, suggests the market may be facing serious headwinds, and, looking at a standard chart of the S&P 500, you’d never know it.
Influential investor Dennis Gartman told CNBC Thursday that he’s still optimistic about equities – to some extent.
Warren Buffett has carved out a core stock-picking strategy of investing in companies with strong economic “moats,” businesses that have built, fortified and generated success from well-known brands that make it difficult for them to succumb to competitive forces. Stalwarts like International Business Machines (IBM.N), Coca-Cola Inc (KO.N), Procter & Gamble Co (PG.N) to name a few have showed declining revenue trends in recent years, and face competition that may
A french fry supplier to the McDonald’s restaurant chain in China has been issued Beijing’s biggest-ever pollution fine for releasing dirty wastewater, state media reported. The official Xinhua News Agency …
Star Wars: The Force Awakens actor John Boyega may end up doing the dishes for his family for months. The 23-year-old British star and newcomer to the hit franchise revealed on…
Hillary Clinton’s got some competition! Bernie Sanders has officially confirmed his 2016 presidential run, and per NBC News, the independent Vermont senator will be running as a…
Taylor Schilling is not about that selfie life. In the June 2015 issue of ELLE Canada, the Orange Is the New Black star shares her feelings about the Internet, social media and life…
