Wall Street ends higher, dollar down after Fed minutes – Reuters

NEW YORK (Reuters) – Wall Street stocks rose on Wednesday as the minutes from the Federal Reserve’s September policy meeting merely confirmed expectations that interest rates would rise, while the euro gained on the dollar after Catalonia held off on moving to independence. Currency investors pushed the dollar to a two-week low against a basket […]






Delta Vows Not to Pay US Duties on Bombardier’s C Series – Bloomberg

Delta Vows Not to Pay US Duties on Bombardier’s C Series – Bloomberg

Delta Air Lines Inc. pledged not to pay import duties on Bombardier Inc.’s marquee jetliner, which was socked in the last two weeks with 300 percent tariffs by the U.S. Commerce Department. It’s possible Delta will delay deliveries of the C Series planes, which are scheduled to begin next year, Chief Executive Officer Ed Bastian […]






Asian shares hit decade highs, Catalan fears ease – Reuters

SYDNEY (Reuters) – Asian shares jumped to the highest in a decade on Wednesday as Wall Street scaled all-time highs, while the dollar loitered around two-week lows on worries President Donald Trump’s tax plan could stall. The euro traded around a 10-day peak after Catalonia’s leader suspended plans to leave Spain, easing near-term concerns about […]






Why Chicago’s soda tax fizzled after two months — and what it means for the anti-soda movement – Washington Post

A sign sponsored by opponents of the new Cook County tax on sweetened beverages is posted in the soda aisle of Tischler Finer Foods in Brookfield, Ill. (Sara Burnett/AP) About two months after the country’s largest soda tax went into effect, embattled lawmakers in Cook County, Ill. — the home of Chicago — have decided to repeal […]






Asian shares shrug off Wall Street gloom, dollar steadies – Reuters

TOKYO (Reuters) – Asian shares rose on Tuesday, shrugging off modest losses on Wall Street, while expectations of another U.S. interest rate increase this year continued to underpin the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 percent. Japan’s Nikkei stock index reversed early losses and gained 0.4 percent, as markets […]






China shares hit 21-month high; Turkish lira takes a dive – Reuters

SYDNEY (Reuters) – Chinese shares climbed on Monday after a week-long break as a disappointing survey on the country’s service sector did little to dent optimism on global growth, while political uncertainty caused turbulence for the Turkish and British currencies. Liquidity was lacking with Japan and South Korea on holiday and a partial holiday in […]






Tesla is struggling to build the Model 3 — here’s why – Business Insider

Tesla is struggling to build the Model 3 — here’s why – Business Insider

The Tesla Model 3.Timothy Artman/Tesla Tesla’s third-quarter delivery numbers were both impressive — and depressing. The carmaker is on pace to sell 100,000 vehicles in a year for the first time in its 14-year history. But it’s also far, far behind with the production of its new Model 3 sedan, the vehicle that’s supposed to […]






Retail marijuana is spreading to California, Massachusetts and Maine – CNNMoney

Retail marijuana is spreading to California, Massachusetts and Maine – CNNMoney

The mainstreaming of marijuana is about to get huge boost. Recreational marijuana sales will launch in three states next year, including the biggest one of all: California. It’s already for sale in five states, but the addition of a legal retail marijuana market in California, with its massive economy and population, will dramatically change the […]






Truth is catching up to Tesla – WSJ – Seeking Alpha

There is a fine line between setting goals and misleading investors, writes Charley Grant in the WSJ, and Tesla (NASDAQ:TSLA) is inching closer to that line. Tesla last week announced more than an 80% shortfall to Q3 Model 3 production guidance of 1.5K cars, and yesterday disclosed a delay in its Semi reveal in order […]