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Uber Plans to Test Flying Cars Within Three Years

Tue, 25 Apr 2017 15:31:48 EDT

Uber detailed ambitious plans to take to the skies with flying cars, as the ride-hailing company is reeling from a series of controversies including a lawsuit that could impede its crucial self-driving vehicle initiative.


Chipotle Posts First Same-Store Sales Increase in a Year

Tue, 25 Apr 2017 18:07:37 EDT

The restaurant chain swung to a first-quarter profit of $46.1 million, or $1.60 a share, compared with a loss of $26.4 million in the year-ago period.


Trump Administration Sets Stage for Nafta Talks

Tue, 25 Apr 2017 19:30:30 EDT

The Trump administrationís tough new approach to Canada on trade is helping crystallize support in the U.S. Congress for renegotiating the North American Free Trade Agreement and setting the groundwork for the increasingly complicated negotiations, current and former officials said.


Fox News Host Joins Racial-Bias Suit

Tue, 25 Apr 2017 22:37:12 EDT

An African-American on-air host for Fox News, Kelly Wright, has joined a group of current and former employees suing the cable channel and some of its senior executives for alleged racial discrimination.


Trump Plans to Seek Tax Rate of 15% on Owner-Operated Firms

Tue, 25 Apr 2017 23:39:16 EDT

President Donald Trump†is planning to unveil a proposal to cut corporate taxes on U.S. companiesí foreign profits and to slash the top tax rate on so-called pass-through businesses, including many owner-operated companies, to 15% from 39.6%, said White House officials.


Arconic CEO Leaves Door Open to Permanent Role

Tue, 25 Apr 2017 20:28:57 EDT

Arconicís interim CEO said he hasnít decided whether he wants to the job permanently, following the abrupt resignation of CEO Klaus Kleinfeld and amid a continuing proxy fight.


Rising Home Prices Raise Concerns of Overheating

Tue, 25 Apr 2017 15:04:24 EDT

The U.S. housing marketís red-hot recovery from the depths of the crash five years ago is fueling concerns among economists and real-estate brokers that home prices are overheating.


Yahoo's Marissa Mayer to Make $187 Million After Verizon Deal

Tue, 25 Apr 2017 19:57:18 EDT

Yahoo Chief Executive Marissa Mayer is set to make some $187 million in the wake of the internet companyís sale of its core business to Verizon Communications, according to securities filings.


Trump's Trade Nominee Clears Senate Committee

Tue, 25 Apr 2017 11:25:19 EDT

President Donald Trumpís nominee for U.S. trade representative cleared a Senate committee†on Tuesday, bringing the administration a step closer toward its plan to overhaul international trade policy.


Are You in a Partnership, S-Corp or LLC? Here's How Trump's Tax Plans Could Affect Your Taxes

Tue, 25 Apr 2017 20:19:54 EDT

Cutting the tax rate to 15% for so-called pass-through businesses, as proposed by President Donald Trump as part of his tax plan, would be a radical change to the tax code.


Where College Seniors Are Falling Short

Tue, 25 Apr 2017 13:46:01 EDT

Even as employers look to hire more graduates from the Class of 2017 than the previous year, the current crop of job-seeking seniors are ill-prepared for the job hunt and many coveted positions, a survey finds.


Express Scripts Faces a Future Without Its Biggest Customer

Tue, 25 Apr 2017 22:21:03 EDT

Express Scripts Holdings, the largest administrator of prescription-drug benefits in the U.S., is facing an identity crisis as it grapples with replacing $17.1 billion in annual revenue following the loss of its biggest customer, health-insurer Anthem.


Threads of Confidence Emerge in a Former Textile Town

Tue, 25 Apr 2017 19:24:49 EDT

People in Richmond County, N.C., have a general sense of cautious optimism about the early days of President Donald Trumpís administration.


Trump Administration Mulls More Trade Actions

Tue, 25 Apr 2017 20:52:51 EDT

The Trump administration is considering launching trade actions to protect certain U.S. industries, while at the same time ramping up free-trade talks with the EU, Japan and the U.K., Commerce Secretary Wilbur Ross said in an interview.


U.S. Tariffs Pose New Reckoning on Canada's Lumber Sector

Tue, 25 Apr 2017 23:19:46 EDT

The Trump administrationís action on softwood lumber this week puts to the test Canadian lumber producersí bid to inoculate themselves from U.S. trade risks by ramping up sales to China and buying sawmills in the southern U.S.


Perrigo Reaches Agreement With Auditor Over Royalty Accounting

Tue, 25 Apr 2017 20:46:08 EDT

Ernst & Young demanded the Dublin drugmaker adjust its accounting for the multiple sclerosis drug Tysabri after Perrigo sold the royalty rights in a deal worth as much as $2.85 billion.





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