Business news

• Ford affirms 2017 to be less profitable than 2016

  10-01-2017 22:56 via news.yahoo.com
  
  DETROIT (Reuters) - Ford Motor Co on Tuesday confirmed that it would be less profitable in 2017 than last year, even as cross town rival General Motors Co on the same day gave a much more upbeat forecast that surpassed Wall Street expectations. Ford affirmed that it was on track to deliver about $10.2 billion in adjusted pretax profit in 2017, matching a forecast it gave three months ago. Ford shares rose 0.5 percent in extended trading after closing at $12.85. (Reporting by Bernie Woodall)
  
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• S&P ends flat as healthcare advance offset by lower oil

  10-01-2017 22:44 via news.yahoo.com
  
  The S&P 500 ended the day unchanged on Tuesday as lower oil prices hurt energy stocks, offsetting advances in healthcare and financial sectors, while the Nasdaq ended at another record high. The Dow's 20,000 milestone remained elusive as it was weighed down by declines in IBM , Merck & Co , Exxon Mobil and Procter & Gamble . Traders were holding fire ahead of the upcoming corporate earnings season and the Jan. 20 inauguration after which they expect a better sense as to whether Presi
  
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• Volkswagen confirms $4.3 billion U.S. settlement over diesel emissions

  10-01-2017 22:26 via news.yahoo.com
  
  By David Shepardson and Andreas Cremer DETROIT/BERLIN (Reuters) - Volkswagen AG confirmed on Tuesday it has negotiated a $4.3 billion draft settlement with U.S. regulators to resolve its diesel emissions troubles and plans to plead guilty to criminal misconduct. Volkswagen said with the addition of the fine, its diesel costs will exceed the nearly 18.2 billion euros ($19.2 billion) it has set aside to handle the problem. VW also said it will face oversight by an independent monitor over the next
  
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• Exclusive: Regulators criticize banks over Uber loan - sources

  10-01-2017 21:50 via news.yahoo.com
  
  Federal regulators criticized several Wall Street banks over the handling of a $1.15 billion loan they helped arrange for Uber Technologies Inc [UBER.UL] this past summer, according to people with knowledge of the matter. Led by Morgan Stanley , the banks helped the ride-sharing network tap the leveraged loan market in July for the first time, persuading institutional investors to focus on its lofty valuation and established markets rather than its losses in countries such as China and India. Th
  
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• Backpage Claims Censorship, Closes Adult Ads Over Pressure From Government Alleging Child Sex Trafficking

  10-01-2017 21:25 via ibtimes.com
  
  Classifieds website Backpage.com hasremoved adult advertisement pages, citing pressure from the government over the content of the ads.
  
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• American Apparel's 'made in U.S.' heritage uncertain after deal

  10-01-2017 21:23 via news.yahoo.com
  
  MONTREAL/NEW YORK (Reuters) - American Apparel LLC's made-in-the U.S. heritage is uncertain, after Canadian apparel maker Gildan Activewear Inc won a bankruptcy auction to acquire the edgy fashion retailer for about $88 million in cash. Gildan said on Tuesday it will buy manufacturing equipment and intellectual property rights related to American Apparel, but the Canadian company did not assume the leases of its California manufacturing plants, fueling questions over where the clothing will be p
  
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• Automakers tout new diesels despite Volkswagen's troubles

  10-01-2017 21:13 via news.yahoo.com
  
  Automakers unveiled several new diesel models at the Detroit auto show this week, hoping to dispel the doubts created by Volkswagen's diesel emissions scandal and revive interest in a technology that offers benefits under fuel economy regulations. Ford Motor Co said it would offer a diesel version of its best-selling F-150 pickup truck for the first time in 40 years, while General Motors Co said Sunday it will offer a diesel version of its compact GMC Terrain SUV. Last year, GM announced it will
  
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• What Did Charles Manson Do? Family Murders, Helter Skelter And Race War Make Up Beverly Hills Mystery

  10-01-2017 21:12 via ibtimes.com
  
  Charles Manson is one of the most famous criminals in American history, but what did he do? It was Aug. 9, 1969 when five people were murdered in film director and producer Roman Polanski's rented home in Beverly Hills: actress and Romanski’s wife Sharon Tate, coffee bean heiress Abigail Folger, writer Wojciech Frykowski, celebrity hairstylist Jay Sebring and house-caretaker Steven Parent. The next night, two more were killed: supermarket executive Leno LaBianca and his wife 
  
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• U.S. companies have new business risk - being labeled 'anti-American' by Trump

  10-01-2017 21:10 via news.yahoo.com
  
  NEW YORK/WASHINGTON (Reuters) - Some U.S. companies are reviewing potential mergers while others are rethinking job cuts or looking at their manufacturing operations in China for fear of being cast as "anti-American" by President-elect Donald Trump, according to Wall Street bankers, company executives and crisis management consultants. Having seen some of America's largest companies, including General Motors Co , Lockheed Martin Corp and United Technologies Corp , bluntly and publicly rebuked by
  
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• Is The Whole30 Diet Safe? Clean Eating Plan Disliked By Experts

  10-01-2017 21:03 via ibtimes.com
  
  Browse the internet on any given day and netizens can find a proliferation of trendy diets: paleo-based plans, clean eating regimens-- and the latest, the Whole30 diet. The Whole30 plan follows the basic fundamentals of many other clean eating diets, but includes additional restrictions and a laundry list of rules.
  
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• ‘Flip Or Flop’ Cancellation Rumors: What’s Next For Former Couple’s Show After Tarek El Moussa Files For Divorce

  10-01-2017 21:02 via ibtimes.com
  
  There’s a good chance HGTV’s “Flip or Flop” will continue on. Although the show’s main stars Tarek El Moussa and Christina El Moussa are officially divorcing, the former couple reportedly still plan on filming their TV show.
  
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• How Often Should You Exercise? Health Benefits And Death Risk Similar For Infrequent Exercisers, Study Says

  10-01-2017 20:59 via ibtimes.com
  
  People who exercise sporadically might be reaping the same health benefits as those who hit the gym routinely, a new study found. These less frequent bouts of physical activity might allow busier people to remain healthy without significantly changing their lifestyle, effectively changing the way exercise is thought about.
  
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• Volkswagen proposed deal in emissions scandal includes $4.3B US fine

  10-01-2017 20:58 via cbc.ca
  
  Volkswagen said Tuesday that it is in "advanced talks" with United States authorities over a proposed settlement in its diesel emissions scandal under which the company would pay $4.3 billion US in criminal and civil fines.
  
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• 2017 Detroit auto show presents new and electrifying ideas

  10-01-2017 20:38 via cbc.ca
  
  The North American International Auto Show begins with a press preview. Here's a look at new models and concepts at the show in Detroit that opens to the public on Saturday.
  
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• Wal-Mart plans to cut hundreds of jobs this month: WSJ

  10-01-2017 20:36 via news.yahoo.com
  
  The Bentonville, Arkansas-based retailer plans to eliminate jobs at its headquarters and regional personnel that support stores, according to the report. Many of the eliminations will affect Wal-Mart's human resources department, a large team that some senior executives believe should be more efficient or whose duties could be handled by outside consultants, the newspaper reported. "While we continually look at our corporate structure, we have not made any announcements," Wal-Mart spokesman Rand
  
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• Is Kim Kardashian’s Lip Ring Real? Kanye West’s Wife Sports New Jewelry On Sushi Date

  10-01-2017 20:33 via ibtimes.com
  
  “Keeping Up With the Kardashians” star Kim Kardashian sported a new look when she returned to social media in 2017: A lip ring. She continued to wear the piece of metal jewelry during a sushi date with husband Kanye West in Beverly Hills Monday, the Daily Mail reported the next day. She apparently traded in her signature chokers for a piercing. 
  
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• The Undertaker Returns To WWE, Becomes Favorite To Win 2017 Royal Rumble Match

  10-01-2017 20:32 via ibtimes.com
  
  For the first time in eight years, The Undertaker will compete in the Royal Rumble match. Making his first appearance on WWE TV in 2017, the Deadman entered himself into the 30-man battle royal on “Monday Night Raw.”
  
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• Apple And AR: Company Reportedly Teaming Up With Carl Zeiss For Augmented Reality Glasses

  10-01-2017 20:25 via ibtimes.com
  
  Apple is teaming up with German optics company Carl Zeiss to work on a pair of augmented reality smart glasses, according to popularblogger Robert Scoble.
  A Zeiss employee allegedly confirmed the partnership during CES 2017 last week, Scoble said in aFacebook post.
  The AR glasses may be announced as soon as this year, according to Scoble.
  His post says:
  
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• Microsoft Patent: Underwater Servers Could Create Artificial Reefs

  10-01-2017 20:20 via ibtimes.com
  
  Server farms tend to be large, energy-hungry operations, but Microsoft’s latest project takes a notably different approach to this problem.
  The company has applied for a patent to create underwater data centers that could double as artificial reefs, viaPatentYogi. The proposed data centers would be housed in individual units that could be anchored on the ocean floor or right above it.
  
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• New England Patriots vs. Houston Texans 2017: Early Prediction, Betting Odds, Preview For NFL Divisional Playoff

  10-01-2017 20:18 via ibtimes.com
  
  The Houston Texans (10-7) will attempt to overcome their own road woes – both this season and historically in the postseason - by holding off the New England Patriots (14-2) on Saturday at Gillette Stadium.
  The Patriots enter the showdown with a 16-1 postseason record at home with Tom Brady under center, including a five-game winning streak. New England has technically lost twice at home during the playoffs over the last 15 years, but then-reserve Matt Cassel, not Brady, was the signal cal
  
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• Who Is Eugenia Monteiro? Massachusetts Man Suspected Of Shooting Ex-Girlfriend, Then Committing Suicide

  10-01-2017 20:13 via ibtimes.com
  
  A 30-year-old Massachusetts woman was shot and killed Monday night in what police described as an act of domestic violence by her ex-boyfriend. Police reportedly found Eugenia Monteiro, a mother of two, dead from several gunshot wounds at her apartment in Brockton, about 40 miles from Boston. Authorities found her body at 6:30 p.m. and pronounced her dead on the scene.
  
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• Cure For Cancer? Joe Biden Vows To End Cancer Within 5 Years, But It Won't Be Easy

  10-01-2017 20:11 via ibtimes.com
  
  With just left weeks left before he steps down as vice president, Joe Biden pledged Monday to find a way to cure cancer. His Cancer Moonshot 2020 global initiative seeks to find a cure within five years. 
  “There’s an urgent need to continue this momentum, that’s why I came to you, I really do mean this. This is too deadly important,” he told the 35th Annual J.P. Morgan Healthcare Conference in San Francisco. 
  
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• Why Are Police Called Pigs? In US Capitol, Controversial Painting Goes Up And Down

  10-01-2017 20:04 via ibtimes.com
  
  Liberal and conservative lawmakers squabbled Tuesday over whether to hang a controversial social-justice themed painting depicting police officers as pigs in the U.S. Capitol Building in Washington.
  
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• The 30-minute meeting: Why shorter meetings can be more productive

  10-01-2017 19:55 via techrepublic.com
  
  Long meetings, and too many meetings, can be a source of employee dissatisfaction. Here's how to get more out of meetings in less time.
  
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• New tool ViewedIt wants to replace your emails with videos

  10-01-2017 19:48 via techrepublic.com
  
  On Tuesday, video platform Vidyard released an enterprise version of its ViewedIt tool, allowing business users to record personal videos instead of sending text emails. Can it change the way offices communicate?
  
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• Flight MH370 Passengers, Crew Pass Background Checks As Search For Missing Plane Wraps Up

  10-01-2017 19:46 via ibtimes.com
  
  When Malaysia Airlines Flight 370 disappeared from radars in March 2014, many people immediately thought the worst. Had terrorists hijacked the plane? Did the pilot crash it on purpose? Could it be a rogue passenger with a vendetta?
  
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• Military Drones: Department Of Defense Releases Footage Of Swarm of Mini-Drones

  10-01-2017 19:41 via ibtimes.com
  
  The skies over the United States were a little more crowded than usual following a test by the Department of Defense that sent more than 100 drones scattering across the sky, according to areport from the BBC.
  A total of 103 of the miniature, unmanned flying vehicles were released from a trio of Three F/A-18 Super Hornets, a popular Navy fighter aircraft. Called Perdix drones, the flyers have a wingspan of just 12 inches and move entirely autonomously—no human control required.
  
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• General Motors boosts outlook for 2017

  10-01-2017 19:38 via cbc.ca
  
  General Motors is raising its earnings outlook for 2017, and says its 2016 earnings will be at the higher end of its forecast.
  
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• Wal-Mart told to pay pharmacist $16.08 million for gender bias, sum may drop

  10-01-2017 19:37 via news.yahoo.com
  
  U.S. District Judge Steven McAuliffe also asked the New Hampshire Supreme Court to advise whether the plaintiff Maureen McPadden was entitled under state law to any of the $15 million of "enhanced" damages that comprised most of the award. Wal-Mart had no immediate comment on Tuesday, but the Bentonville, Arkansas-based retailer has said it does not tolerate discrimination. McPadden accused the world's largest retailer of using her loss of a pharmacy key as a pretext for her November 2012 dismis
  
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• Solange Opens Up About Dad Mathew Knowles In Interview With Beyoncé

  10-01-2017 19:28 via ibtimes.com
  
  Beyoncé’s relationship with her father Matthew Knowles has been well documented throughout her career, but sister Solange doesn’t speak about the relationship as much. 
  
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• Boeing, new lobby group aim to keep $8.7 billion in state tax breaks

  10-01-2017 19:27 via news.yahoo.com
  
  Boeing Co has joined a new coalition lobbying to preserve $8.7 billion in tax breaks that Washington state gave its aerospace industry in 2013, the group said. The organization, launched on Tuesday, indicates growing opposition to changing the incentives, and aims to counter efforts by some state lawmakers to tie the tax breaks to employment in the state, said Maud Daudon, chief executive officer of the Seattle Metropolitan Chamber of Commerce, which is leading the effort. Several "claw-back" me
  
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• ‘Star’ Season 1 Spoilers: Episode 3 Synopsis Released; What Will Happen In ‘Next Of Kin’?

  10-01-2017 19:24 via ibtimes.com
  
  In the last episode of “Star,” the group almost fell apart due to Alexandra’s big secret and Star’s bad habits but in Season 1, episode 3, “Next of Kin,” the two girls will be faced with the reality that they could lose their youngest member.
  
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• Kerry Washington, Laverne Cox, Heidi Klum, Naomi Campbell And More At The Weinstein Co. And Netflix Golden Globes Party Presented By Moët & Chandon

  10-01-2017 19:13 via ibtimes.com
  
  Following the 2017 Golden Globe Awards, the celebrating continued over at the Weinstein Co. and Netflix Golden Globe party, presented by Moët & Chandon with FIJI Water, Grey Goose Vodka, Lindt Chocolate and Moroccanoil on Jan. 8.
  Nominees and notables celebrated late into the evening at the Beverly Hilton until the Moët Mini vending machine ran dry. The dazzling fashions also continued with nominees changing into their party outfits as well as a w
  
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• ‘The Bachelor’ 2017 Villain Corinne Olympios Fires Back At Her Critics On Instagram

  10-01-2017 19:07 via ibtimes.com
  
  Corinne Olympios is being hailed as the bad girl on this season of ABC’s “The Bachelor,” but she’s not letting her bad reputation get her down.
  
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• Nasdaq hits record, S&P and Dow close in as banks gain

  10-01-2017 19:03 via news.yahoo.com
  
  America Express and Caterpillar , both up more than 2 percent, led the 21 gainers among the 30 Dow components and set the blue-chip index back on course for the elusive 20,000-points mark. Investors are looking to the upcoming corporate earnings season to justify the record levels Wall Street has surged to in a rally since Donald Trump's U.S. presidential election win on Nov. 8. Corporate earnings will be a factor over the next month.
  
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• PS4 Slim White Model Announced By Sony, Here's Where It's Available

  10-01-2017 18:59 via ibtimes.com
  
  The PlayStation 4 Pro might be Sony’s current higher-profile model, but that doesn’t mean the original has been left behind.
  
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• Jimmy Fallon Hosts Golden Globes After Party At Delilah With Leonardo DiCaprio, Tobey Maguire, Naomi Campbell And More

  10-01-2017 18:46 via ibtimes.com
  
  Jimmy Fallon hosted a star-studded party Sunday night at Delilah restaurant, which began around 10:30 p.m. and ended at approximately 2 a.m.
  Celebs in attendance included John Hamm, Sara Paulson, Pierce Brosnan, all of the "Atlanta" cast, Naomi Campbell, Andrew Garfield, Riley Keough, Mark Ronson, Scout and Rumer Willis, Leonardo DiCaprio, Zach Braff, Jonah Hill, Kate Hudson, Sienna Miller and Tobey McGuire.
  
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• ‘Teen Mom 2’ Star Jenelle Evans Hopes To Give Birth Any Day Now, Is ‘Super Excited’ To Meet Baby Ensley

  10-01-2017 18:38 via ibtimes.com
  
  Jenelle Evans and her boyfriend, David Eason, are eager to hold their baby girl Ensley Jolie Eason. While chatting with fans on Twitter, the “Teen Mom 2” star said she hopes to give birth any day now because she’s so excited to see her daughter.
  
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• EU Countries Roll Out Proposals To Curb Targeted Online Ads By Companies Like Google, Facebook

  10-01-2017 18:37 via ibtimes.com
  
  The European Union has laid out new rules that would limit how companies like Facebook and Google track users to deliver targeted ads, it wasannounced Tuesday.
  The rulings could decrease revenue for companies and internet sites’ that make much of their money on online advertising. The EU says the new rules will help users protect their privacy online and provide more transparency from companies.
  The EU would let users have more power over cookies, which track a person’s online activi
  
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• How To Stop Donald Trump's Cabinet Nominations: Breaking Down The Way Senate Confirmation Hearings Work

  10-01-2017 18:31 via ibtimes.com
  
  Tuesday kicked off the first of many Senate confirmation hearings for Donald Trump’s potential future cabinet, starting with controversial Alabama Sen. Jeff Sessions. The president-elect’s pick for attorney general went before a committee amid protests and concerns about his policy stances. The tumultuous hearing was the first of many in the coming days to determine what the administration's cabinet will look like.
  
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• Windows 10: Microsoft stops short of letting all users defer buggy updates

  10-01-2017 18:22 via techrepublic.com
  
  A forthcoming feature that lets users pause updates to Windows 10 for up to 35 days won't be universally available.
  
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• Seattle Seahawks vs. Atlanta Falcons 2017: Prediction, Betting Odds, Preview For NFL Divisional Playoffs

  10-01-2017 18:21 via ibtimes.com
  
  As a staple in the playoffs over the last five years, the Seattle Seahawks look to continue their postseason success when they visit the Atlanta Falcons Saturday afternoon. The divisional playoff game will be Atlanta’s first postseason appearance since 2013, but the Falcons have the edge over the more experienced opponent.
  
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• VW board to meet Wednesday to approve U.S. diesel accord: sources

  10-01-2017 18:20 via news.yahoo.com
  
  Volkswagen's supervisory board will meet on Wednesday to approve a civil and criminal settlement with the U.S. Justice Department over the carmaker's diesel emissions scandal that will include a penalty of about $4 billion, sources briefed on the matter said. The deal, which is expected to include a guilty plea by the German company or one of its corporate entities for its conduct in misleading regulators about diesel emissions, comes as the automaker seeks to move past its "dieselgate" scandal.
  
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• Trump And Robert F. Kennedy Jr. Vaccine Meeting: Both Think Vaccines Cause Autism

  10-01-2017 18:08 via ibtimes.com
  
  Update: President-elect Donald Trump asked Robert F. Kennedy Jr. to chair a commission on vaccine safety, according to Reuter’s Ginger Gibson. Kennedy allegedly agreed.
  Original Post: President-elect Donald Trump will meet with Robert F. Kennedy Jr. tospeak about vaccines, a spokesperson told CNN’s Dan Merica Tuesday.
  
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• Can North Korea Bomb America? Nuclear Attack Difficult To Stop, Pentagon Report Says Amid Tensions Over ICBM Program

  10-01-2017 18:08 via ibtimes.com
  
  Amid continued threats from North Korean leader Kim Jong Un, the United States' expensive, ground-based interceptors "can't yet be counted on to shoot down a nuclear-armed missile," the Pentagon's weapons testing office has concluded in its annual report. That means that should North Korea launch an attack, the defense system has just a "limited capability to defend the U.S.
  
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• Russian DNC Hacking: New Hampshire May Ban Russian Vodka In Response To 2016 Presidential Election

  10-01-2017 18:03 via ibtimes.com
  
  Stolichnaya and Smirnoff vodkas may be pulled from liquor store shelves and bars in New Hampshire if a state lawmaker has it his way. Sen. Jeff Woodburn, D-N.H., introduced a bill Monday that responded to Russia’s reported interference in the 2016 presidential election by banning certain business ties to the country, including banning the sale of Russian vodkas, according to reports.
  
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• Pace of Canadian housing starts rises in December: CMHC

  10-01-2017 18:03 via cbc.ca
  
  The seasonally adjusted annual rate of housing starts across the country rose to 207,041 units in December, up from 187,273 units in November, Canada Mortgage and Housing Corp. reported Tuesday.
  
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• Who Is Nana Akufo-Addo? Ghana President's Plagiarism Scandal, Explained

  10-01-2017 18:01 via ibtimes.com
  
  Nana Akufo-Addo, the recently elected president of Ghana, got caught up this week in his inaugural scandal — which, incidentally, occurred during his inauguration. Akufo-Addo came under fire Sunday after he plagiarized quotes from American ex-presidents George W. Bush and Bill Clinton in his first formal speech to the nation.
  If you're just now hearing about the controversy, read on.
  
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• Trump administration could be boost for bank's U.S. operations, RBC CEO says

  10-01-2017 18:01 via cbc.ca
  
  RBC CEO Dave McKay says he expects stronger economic growth south of the border as the new Donald Trump administration takes over — something that would benefit the bank's U.S. franchise.
  
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• CEOs of Canada's big banks expect Trump will be boost for U.S. operations

  10-01-2017 18:01 via cbc.ca
  
  The CEOs of some of Canada's biggest banks say they're expecting to see their U.S. businesses get a boost from stronger economic growth south of the border as the new Donald Trump administration takes over.
  
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