Toshiba’s Chaotic Earnings Raises Doubts Over Grip on Business

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Toshiba’s Chaotic Earnings Raises Doubts Over Grip on Business

Bloomberg
Toshiba Corp. had promised Tuesday would be the day it explained the depth of trouble in its nuclear business. Instead, the company provided hours of chaos that shook investor confidence and raised new questions about the company’s future.
CNBC
Aetna and rival Humana are terminating their merger, after their $34 billion deal was blocked by a federal court on antitrust grounds.

Credit Suisse Needs More Trump Bumps

Bloomberg
Once at risk of becoming the next dead man walking of European banking, Credit Suisse Group AG CEO Tidjane Thiam has won himself some time.

Janet L. Yellen will go to Congress today. This is what she’ll face.

Washington Post
Federal Reserve Chair Janet L. Yellen will head to Capitol Hill today to deliver the Fed’s semiannual monetary policy report to Congress.

Mexico ready to retaliate by hurting American corn farmers

CNNMoney
Mexico is one of the top buyers of American corn in the world today. And Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, says he will introduce a bill this week where Mexico will buy corn from Brazil and …

The woman behind the boycott that is pressuring retailers to dump the Trumps

Washington Post
Back in October, Shannon Coulter was doing some late-night browsing on the Nordstrom website. Before long, the small-business owner had a nagging feeling about the department store’s line-up of Ivanka Trump apparel and shoes – a brand she couldn’t …

Really Cook-ing: Apple Stock Hits Record High

The Fiscal Times
Shares of Apple’s stock closed at an all-time high Monday, riding a post-earnings rally and a more favorable outlook on Wall Street.

Rolls-Royce Mulls Future of Weaker Operations as Profit Down 49%

Bloomberg
Rolls-Royce Holdings Plc Chief Executive Officer Warren East said the struggling aircraft-engine manufacturer will deepen costs cuts and restructure or sell the weakest parts of its business after profit dropped by almost half in 2016.

Bill Gates explains his optimism: ‘things are tending to improve’

USA TODAY
SUNNYVALE, Calif. – Speaking with Bill Gates is like reading multiple Wikipedia entries. Ask a question, and you typically get a slight pause before he delivers a thoughtful paragraph or three of an answer that, in the age of Twitter haikus, is

Huge salaries led staffers to quit Alphabet’s car project, report says

CNBC
The car project at Google-parent Alphabet paid some workers so much that they built a nest egg and ditched the company, according to a Bloomberg report.

US STOCKS-S&P 500 tops $20 trillion as Wall St trades on Trump

Business Insider
Feb 13 (Reuters) – U.S. equity indexes hit record highs on Monday, with the benchmark S&P 500’s market value topping $20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.

Dubai To Put Autonomous Taxi Drones In The Skies ‘This Summer’

Forbes
When the ruling family decrees that a quarter of all journeys in a city state will be autonomous by 2030, someone somewhere is obliged to make that start happening as soon as possible.

More retailers dropping Ivanka Trump products

wwlp.com
(CNN) – More trouble for the Trump brand. Sears and Kmart are just the latest major U.S. retailers to announce they are dropping some Trump brand products.

Isles of Love: The 8 Most Romantic Islands Available by Cruise

TravelPulse
The Pitons, St. Lucia’s twin peaks, jut above the surface of the sea creating one of the most beautiful islands on the Caribbean.

Peugeot Owner PSA Explores Acquisition of GM’s European Division

Bloomberg
PSA Group, the maker of Peugeot and Citroen cars, is exploring an acquisition of General Motors Co.’s European business in a deal that would transform the region’s automotive landscape.

UK Inflation Rate Rises Less Than Expected, Stays Below 2%

Bloomberg
U.K. inflation picked up less than economists forecast in January as clothing-store discounts kept the rate from reaching the Bank of England’s target.

OPEC January Production Data

Seeking Alpha
The new January OPEC Monthly Oil Market Report is out with crude only production numbers for January 2017. All charts are in thousand barrels per day.

Construction on the Dakota Access Pipeline Continues, for Now

The Atlantic
Like The Atlantic? Subscribe to The Atlantic Daily, our free weekday email newsletter. WASHINGTON, D.C.—A district court judge denied a request to halt the drilling of the Dakota Access pipeline on Monday.

Get ready for higher Disney ticket prices

Fox News
Over the weekend, it got a little bit prcier to visit the happiest place(s) on Earth. Starting Sunday, Disney announced a new pricing structure as several of its U.S.

Why it’s a good idea to file your taxes early

WLBZ2.com
Preparing a tax return is not most people’s idea of a good time. As a result, we tend to procrastinate and wait until the last minute to file our returns.

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