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The Dow Jones industrial average and Standard & Poor’s 500 indexes again set records Wednesday in a quiet day of pre-holiday trading.
Industrial companies like Caterpillar and United Technologies did well. Banks also rose as bond yields climbed. Companies that make hardware and network devices…
An experimental treatment for Alzheimer’s failed again in a widely anticipated study, disappointing many who had hoped drugmaker Eli Lilly had finally found a way to slow the progression of the mind-robbing disease.
The drug did not work better than a placebo treatment in a study of more than…
By Dustin Volz and Mark Hosenball WASHINGTON (Reuters) – President-elect Donald Trump’s transition team has not announced a point person dedicated to cyber security policy or staffing in his administration, an omission that could make the United States more vulnerable to threats and worsen a government cyber talent shortfall, current and former national security officials said. The apparent lack of expertise or prioritization coincides with U.S. intelligence agencies, including the CIA, having pivoted to digital warfare to address the growing national security and economic threats that nation-states and extremist groups pose in cyberspace.
Economy News Headlines – Yahoo! News
Shifting demand from cars to trucks and SUVs is forcing General Motors to lay off more than 2,000 workers indefinitely at two assembly plants in Ohio and Michigan starting in January.
The company said Wednesday that it will suspend the third shifts at factories in Lordstown, Ohio, and in Lansing,…
Boeing also said it would deliver more commercial planes than originally planned for the year and that cash flow will keep rising through the end of the decade. Boeing held off cutting production of its profitable 777 jets to account for slowing sales and the transition to the successor 777X, as some analysts expected. Boeing already plans to cut 777 production to 7 a month next year from 8.3 currently.
California’s proposed rules for self-driving vehicles got another road test Wednesday, as vehicle makers and industry groups expressed concern at a public workshop that the Department of Motor Vehicles’ regulations could slow development of the technology and conflict with more flexible federal…
By Ayesha Rascoe WASHINGTON (Reuters) – President Barack Obama welcomed Italian Prime Minister Matteo Renzi to the White House on Tuesday, using the pomp of the formal state visit to highlight the link between the sluggish European economy and populist discontent in the continent. The spotlight comes at an opportune time for Renzi, who seeks a boost ahead of a constitutional referendum on Dec. 4 that could determine his political future. "I have a feeling, and I think that rightly so, our American friends are a little more interested in November 8 than in the Italian vote on constitutional reform, and so are we, might I add," Renzi said, drawing laughter from the Rose Garden press conference.
Wonder if you might be working too fast in the office? Here are four signs to let you know if you’re crossing out those to-do tasks way too quickly.
Forbes Real Time
Prices for a wide variety of consumer goods held steady in July, pushing down the annual inflation rate in a report that could add to economic concerns of Federal Reserve officials.
The rise in the consumer price index during the previous four months was halted by a 4.7% drop in gasoline prices…
Regulators won’t look to slow the introduction of self-driving technology in the wake of a fatality connected to Tesla’s Autopilot technology, the head of the National Highway Traffic Safety Administration indicated.
WSJ.com: US Business