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| March 21, 2019

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First It Was the 737 Max. Now Another ‘Big Deal’ for Boeing

March 15, 2019 |

On the heels of the grounding of its 737 Max planes , Boeing now has a new problem: a “severe situation” tied to its KC-46 Pegasus air refueling tanker aircraft. That’s how Will Roper, the Air Force’s acquisitions chief, describes the garbage and loose industrial tools found during inspection of multiple…

Santa Anita Makes Changes After Another Horse Dies

March 15, 2019 |

A horse died during a workout Thursday at Santa Anita Park, the 22nd death in less than three months at the track outside Los Angeles. The 3-year-old filly, Princess Lili B, was euthanized after breaking both front legs, NBC4 reports. The Arcadia track had just reopened Monday for training; it…

Another Possible R. Kelly Tape Emerges in a Weird Way

March 10, 2019 |

A man who said he was cleaning out an old videotape collection found what he thought was a recording of R&B singer R. Kelly in concert, but instead turned out to show a man who appeared to be Kelly sexually abusing girls, he and his attorney said Sunday. The man…

Hipster Scolded Mag for Using His Pic. It Was Another Hipster

March 7, 2019 |

A February article in the MIT Technology Review spotlighted recent research by Brandeis University mathematician Jonathan Touboul on “the hipster effect,” specifically how “the population of hipsters initially act randomly but then undergo a phase transition into a synchronized state.” That’s a fancy way of saying that hipsters, despite their…

Another Big Name Won’t Be Running in 2020

March 5, 2019 |

Michael Bloomberg is not running for president. The 77-year-old former New York City mayor, one of the richest men in the world, announced his decision not to join the crowded Democratic field in a Bloomberg News editorial on Tuesday, the AP reports. “I know we can do better as a…

Grocers Brace for Another Blow From Amazon

March 4, 2019 |

Competition from has pushed grocers to focus on home delivery and lower prices. Now it is taking aim at supermarkets’ high-profit products: those found in the beauty aisle. US Business

Stocks rise, capping another up week. Gap soars, and Tesla sinks

March 2, 2019 |

Healthcare and technology companies helped lift U.S. stocks Friday, breaking a three-day losing streak for the Standard & Poor’s 500 and giving the benchmark index its fifth weekly gain in a row.

Renewed optimism for a potential resolution to the U.S.-China trade conflict helped put investors in…

L.A. Times – Business

GE Sells Off Another Big Piece of Itself

February 25, 2019 |

General Electric is selling its biopharma business to Danaher Corp. for $ 21.4 billion as it continues to sell off chunks of a once sprawling conglomerate, per the AP . The biopharma unit, part of GE Life Sciences, generated revenue of about $ 3 billion last year. In fact, the Wall Street…

Mom’s 94; one son handles her money, another wants more access to it

February 24, 2019 |

Dear Liz: I have two younger brothers, and the youngest was chosen as the executor of our widowed mother’s estate. The problem is that he doesn’t understand financials. Mom is 94. Her entire estate is invested in blue-chip stocks. The portfolio was carefully planned by our uncle and closely tracks…

L.A. Times – Business

Senegal voters choose whether to give president another term

February 24, 2019 |

Senegalese voters are choosing whether to give President Macky Sall a second term in office as he faces four challengers.
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