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Siemens beefs up industrial software with CD-adapco
MUNICH, Germany (Reuters) - Germany's Siemens has agreed to buy U.S. engineering software firm CD-adapco for $970 million, it confirmed on Monday, beefing up its core industrial business with the...
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The Federal Reserve and Congress are playing 'a very dangerous game'
The Federal Reserve's first rate hike in nearly a decade came in December with a sigh of relief, or at least exhaustion, after months of speculation over the move.Since then the economy has not been...
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Saudi Arabia presents plan to move beyond oil
By Andrew Torchia and Katie PaulRIYADH (Reuters) - Saudi Arabia outlined ambitious plans on Monday to move into industries ranging from information technology to health care and tourism, as it sought...
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China just published a nasty warning to traders around the world
Don't be stupid.That's the message to yuan traders around the world the Chinese government just published in state media outlet, Xinhua.Stupid, to the Chinese government in this context, simply means...
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2 passengers and 3 flight attendants injured after American Airlines flight...
An American Airlines flight from Miami to Milan was diverted to Newfoundland Sunday evening after several aboard were injured when the flight encountered severe turbulence, the Associated Press...
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This past weekend's historic blizzard is probably going to be terrible for...
This past weekend's blizzard was pretty intense.Over 50 million people across 20 states were impacted, 12,000+ flights were canceled, coastal areas were flooded, 15 states saw over 10 inches of snow,...
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HERE COMES THE BIG ONE: Apple reports its most important earnings in a long...
This is the big one, folks.Apple will report its holiday quarter earnings after the market closes on Tuesday afternoon.This will be the most important Apple earnings report in as long as we can...
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Airlines will barely feel a pinch from the weekend’s huge blizzard
Winter storm Jonas all but shut down air travel for much of the eastern United States over the weekend.The blizzard, which left much of the region paralyzed under as much as 30 inches of snow, has...
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Short-seller Carson Block launches hedge fund
By Jennifer AblanNEW YORK (Reuters) - Short-seller Carson Block, founder of research firm Muddy Waters LLC who exposed accounting problems and wrongdoing at a slew of Chinese companies, has launched a...
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OPEC, Russia talk of oil teamwork, but Saudi talks of investment
LONDON (Reuters) - Senior OPEC and Russian oil industry officials stepped up vague talk on Monday of possible joint action to remedy one of the worst supply gluts in decades, while Saudi Arabia...
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These are the best states for retirement
FA Insights is a daily newsletter from Business Insider that delivers the top news and commentary for financial advisors. The best and worst states for retirement (WalletHub)WalletHub compared all 50...
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China's economy has been slowing down for years — but it's still growing like...
China started 2016 with mini stock crashes and a currency devaluation.Ever since, people have been extra-worried about the slowdown of the Chinese economy.Or, more accurately, people have been worried...
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A major negative trend is happening with Millennial teens and cars
Millennial teens are significantly less interested in cars than previous generations, a market research firm has found.The study, conducted by the Keller Fay Group, found that teenagers aged 13-17...
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The bond market is going to get ugly if there isn't a rebound soon
The high-yield market needs to see a broad-based, solid rebound soon, or things are going to get a lot worse.One measure of just how extreme panic among junk-bond investors has gotten is the difference...
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STOCKS FALL, OIL TUMBLES: Here's what you need to know (DIA, SPX, SPY, QQQ,...
Stocks fell and oil collapsed to start the week, which is an opening sentence to this post it feels like we've written a dozen times in 2016 alone. First, the scoreboard:Dow: 15,885.2, -208.3,...
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One of the greatest American muscle cars can now be yours
One of the greatest American muscle cars in history will cross the block at a Mecum's Kansas City auction in March: a 1968 Shelby GT-500KR Fastback.Yup, the one with the 428 "Cobra Jet" engine.That's...
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We shouldn't be surprised that Apple may be hitting a road block with its car...
Reports are surfacing that Apple isn't happy with the progress being made on the secretive Apple Car— code-named "Project Titan" — and that the executive in charge of the effort has left the tech...
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FYI: Oil crashed (SPY, DJI, IXIC, MCD, HAL, WTI, OIL, VDE, BNO)
Crude oil somersaulted — again — on Monday.After a spectacular 25% rally late last week, West Texas Intermediate crude futures in New York slumped back below $30 per barrel. Futures fell as much as 10%...
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Sprint slashes 2,500 jobs to cut costs
By Malathi Nayak and Abhirup Roy(Reuters) - Sprint Corp has axed at least 2,500 jobs across six customer care centers and its Kansas headquarters as part of its plan to cut $2.5 billion in costs, a...
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Business Insider is hiring video interns to join the INSIDER team
Business Insider is hiring video interns for INSIDER, a new publication that delivers stories to readers across digital platforms.The role involves editing short videos that fall within our motto:...
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