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Re-doing Northrop bomber contract would take 'money and time': U.S.
WASHINGTON (Reuters) - The U.S. Air Force on Monday said it would take "money and time" to cancel and restructure a development contract chosen for Northrop Grumman Corp's work on the new B-21...
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Canada says Toyota recalls 400,124 vehicles due to airbag issue
TORONTO (Reuters) - The Canadian government said on Monday that Toyota Motor Corp <7203.T> was recalling 400,124 vehicles because of an issue with frontal airbags.Toyota said on Wednesday it was...
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The future of the bank branch is in trouble — here's why
Millennials are increasingly turning to digital banking channels to perform their banking activities, and they're visiting their banks' branches less often than ever before. The behaviors and...
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Here's what inflation looks like across the global economy
Global inflation overall is still pretty low, particularly in developed markets, including the US.In a recent note to clients, HSBC economist James Pomeroy wrote that in the US "there are early signs...
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This is what it's like to drive a new Mazda Miata in the middle of winter —...
The Mazda MX-5 Miata is the most successful sports car of all time. It was introduced in 1989 with the explicit mission of reviving the classic British roadster experience for a new generation of...
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The top 5 fintech predictions for 2016
Technology is upending established workflows and processes in the financial services industry. Tasks once handled with paper money, bulky computers, and human interaction now are being completed...
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North Korea's weak auto industry just received another blow
A new round of sanctions recently passed by Congress could deal another blow to North Korean carmakers.The sanctions target industries and individuals outside of North Korea engaging in business there,...
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The US housing market has a major supply problem
The US housing market has a major supply problem.This chart, which comes to us from Bank of America Merrill Lynch's Michelle Meyer, shows the increase in housing demand beginning to really accelerate...
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Justice Department asks for higher judge to hear New York iPhone case
WASHINGTON (Reuters) - The U.S. Justice Department on Monday resubmitted its case for Apple to unlock an encrypted iPhone belonging to a drug offender to a judge in the Eastern District of New York.A...
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Jury awards $55 million to Erin Andrews in lawsuit over nude video taken at...
A jury awarded $55 million to sportscaster Erin Andrews on Monday after she sued management and owners of a Nashville Marriott hotel over a 2008 nude video of her that was taken by a stalker in an...
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STRATFOR founder George Friedman: 'Be ready for war'
Interstate warfare is a thankfully unusual occurrence in the present day.State-assisted nonstate groups frequently fight governments, a scenario currently unfolding in Syria, Eastern Ukraine, and a...
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U.S. Air Force says Pratt to build engines for new bomber
By Andrea ShalalWASHINGTON (Reuters) - The U.S. Air Force on Monday named Pratt & Whitney as the engine maker for the new Northrop Grumman Corp long-range strike bomber, and defended the plane's...
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This glass slide will wrap around the top of a skyscraper 1,000 feet above...
Downtown Los Angeles is about to get way sleeker with a slide made entirely of glass suspended 1,000 feet above ground at the top of the U.S. Bank Tower. The attraction is part of Skyspace LA, the...
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Asia shares firm as oil, commodities regain momentum
By Hideyuki SanoTOKYO (Reuters) - Asian shares inched higher on Tuesday after global oil prices soared to three-month highs on growing hopes of more coordinated measures from oil-producing countries to...
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Brent holds above $40 as investors call bottom on commodity rout
By Henning GloysteinSINGAPORE (Reuters) - Brent crude oil prices remained over $40 a barrel in early trade on Tuesday, after jumping to a 2016-high the previous session as more producers announced...
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NYT: 'The best things aren't free'
The BI Intelligence Content Marketing Team covers news & research we think you would find valuable. This is a roundup of today's hottest and most important stories. BI INTELLIGENCE DAILY RUNDOWN -...
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The Bank of Japan probably won't do anything until July (USD, USDJPY, JPY)
On January 28, the Bank of Japan shocked the global markets by introducing negative interest rates. In a 5-to-4 vote, BOJ members agreed to charge financial institutions an interest rate of -0.1% for...
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An activist short-seller slammed Planet Fitness and the stock is tanking (PLNT)
Activist short-seller Ben Axler, the founder of long-short equity hedge fund Spruce Point Capital Management, is short Planet Fitness.The fitness club chain's stock fell more than 10% in the...
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Investors want to take flight on the backs of drones, but so far their wings...
The BI Intelligence Content Marketing Team covers news and research we think you would find valuable. This is a roundup of today's hottest and most important stories. BI INTELLIGENCE DAILY RUNDOWN -...
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Wall Street bids Happy Birthday to bull market for stocks
By Chuck MikolajczakNEW YORK (Reuters) - Wednesday marks the seven-year anniversary of the start of the current bull market for U.S. stocks, one that has shaped up to be more notable for its duration...
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