Lockheed shares sink further on Trump’s F-35 threat

By Google News

An F-35C Lightning II carrier variant joint strike fighter prepares to take off from the aircraft carrier USS Dwight D. Eisenhower in the Atlantic Ocean in this U.S. Navy picture taken October 4, 2015. Picture taken October 4, 2015. Two Lockheed Martin Corp F-35 fighter jets wrapped up a second round of successful test flights off the USS Dwight D. Eisenhower aircraft carrier on Friday, a key milestone toward operational use of the jets by the U.S. Navy in coming years.  REUTERS/U.S. Navy/Mass Communication Specialist 3rd Class Jameson E. Lynch/Handout via Reuters   THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. IT IS DISTRIBUTED, EXACTLY AS RECEIVED BY REUTERS, AS A SERVICE TO CLIENTS. FOR EDITORIAL USE ONLY. NOT FOR SALE FOR MARKETING OR ADVERTISING CAMPAIGNS - RTS3TCI

UPDATE 1-Lockheed shares sink further on Trump’s F-35 threat

Business Insider
Dec 23 (Reuters) – Lockheed Martin Corp led defense stocks lower on Friday after U.S. President-elect Donald Trump’s latest Twitter salvo over the cost of the company’s F-35 fighter jet, in which he said he had asked rival Boeing Co to “price-out” an

CEO’s Winning Gamble May Keep Scrooge From Deutsche Bank Bonuses

Bloomberg
Deutsche Bank AG employees may owe their cash bonuses for 2016, however modest, to a last-minute bargain by Chief Executive Officer John Cryan.

Source of strong sulfur odor in Philly region probed

NJ.com
PHILADELPHIA — Reports of a strong sulfur odor blanketing the Philadelphia region into parts of South Jersey late Friday night was traced to a release from a South Philadelphia gas plant, according to NBC10.

Retailers Chase the Late Shoppers — WSJ

Nasdaq
Traditional retailers are pulling out all the stops to attract last-minute holiday shoppers in the final days before Christmas, even as Amazon.

Wall St Week Ahead-Stocks could suffer as Trump trade policy takes shape

Business Insider
NEW YORK, Dec 23 (Reuters) – The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus.

Weight Watchers Will Shed ‘Oprah Effect’ Gains If It Can’t Deliver Results

TheStreet.com
I just can’t help but believe things are getting a bit out of control within our beloved markets when yesterday’s announcement of a celebrity’s 40-pound weight loss instantly created $36 million in wealth.

Here comes Amazon: Holiday shopping patterns shaking up the shipping industry

Salon
The annual American holiday shopping frenzy is almost over, and early forecasts indicate a record-shattering season for the nation’s top shippers.

Reuse Your Old Amazon Shipping Boxes And Make An Impact This Holiday Season

Forbes
For many of us, Amazon has become a household necessity – whether we’re using Alexa or dash buttons, having our groceries shipped fresh or just shopping for holiday gifts online, it’s become a company that can just about do it all.

Starbucks is giving away free drinks to ring in the new year, but you’ll have to find them

CNBC  
Starting Friday, the company will be giving away free tall espresso beverages at more than 1,000 locations through Jan. 2. Customers won’t need to make a purchase to earn the reward, which includes the coffee chain’s line up of lattes, cappuccinos and …

State alternatives to Obamacare, expanded Medicaid to get tested

USA TODAY
THOMASTON, Ga. – Blocked sweat glands turn into searingly painful growths that send Brittany Young rushing back to the emergency room at Upson Regional Medical Center here.

US Consumer Sentiment Rises to Highest Level Since 2004

Wall Street Journal
Americans are more confident in the economy than at any point in nearly 13 years, according to a closely followed survey that showed high expectations for growth during the new Trump administration.

China’s GM fine may signal growing ‘strain’

The Detroit News
General Motors Co.’s main joint venture has been fined 201 million yuan ($29 million) for violating anti-monopoly rules, adding to a string of penalties imposed on foreign auto brands over the past two years.

Amazon blitzes the skies for speedy holiday deliveries

Mashable
Amazon wants customers to get their holiday gifts on time so much, it’s leased a fleet of 40 jets and packed them with orders to be shipped around the United States, according to Reuters.

World’s first solar road opens in France: It’s ridiculously expensive

Ars Technica
A French man, staring down at a French solar road, in that insouciant way that only the French have mastered. Frederic Stevens/Getty Images.

As it happened: PM Modi in Mumbai warns corrupt people to be afraid: ‘Time is running out’

Firstpost
If the corrupt people aren’t afraid of Modi or the government, that is fine. But be afraid of the 1.25 crore Indians. They will defeat you with their honesty.

Engineer in deadly Metro-North derailment gets lifetime pension

New York Post  
Metro-North Railroad engineer William Rockefeller is wheeled on a stretcher away from where the commuter train he was operating derailed in 2013.

Social Security and You: New reform proposal is one-sided

Arizona Daily Star
Quite a few readers have asked me to comment on a bill sponsored by U.S. Rep. Sam Johnson, R.-Texas, that he calls The Social Security Reform Act of 2016.

Elon Musk plans crazy 2017 for Tesla, but SolarCity may be the biggest headache

MarketWatch
Tesla Motors Inc. will attempt to launch a new car, open a gigantic battery factory and perfect autonomous driving in 2017, but its biggest challenge may have nothing to do with electric vehicles.

White House: Robots may take half of our jobs, and we should embrace it

MarketWatch
A Kiva robot moves a rack of merchandise at an Amazon fulfillment center in Tracy, California. Artificial intelligence is coming, and policymakers need to prepare the economy for it, the White House said in a report released Wednesday.

US Returns Some Okinawa Land to Japan, but Unease Endures

New York Times
Protesters gathered in Nago on Thursday, not far from a ceremony transferring nearly 10,000 acres of land on Okinawa Island to Japanese control.

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