Here’s how the market responds when the US goes to war
By Mark Armbruster, CFA Institute From Business Insider The stock market hates uncertainty, and there is plenty of uncertainty with respect to the tensions over the latest round of North Korean missile tests. This post, originally published 13 September 2013, focused…
Florida Gov. Scott warns: Irma is ‘Bigger than Andrew’
By Sandy Fitzgerald From Newsmax Florida Gov. Rick Scott Wednesday urged residents of his state to “be as aggressive as we are” in planning for the approach of monster storm Hurricane Irma. “We’re going to have wind, rain, and storm surge,”…
Star Trek’s Shatner Space Message: ‘You Are Not Alone’
By Cathy Burke From Newsmax Legendary Star Trek adventurer William Shatner sent a special message to NASA’s Voyager 1 space probe Tuesday, declaring: “You are not alone.” During a news conference from the Smithsonian Air and Space Museum in Washington,…
Mercedes teases hybrid supercar with Formula 1 tech
By Jon Fingas From engadget You’ve seen hybrid supercars before, but likely nothing quite so exotic as this. Mercedes-Benz is teasing the debut of the Mercedes-AMG Project One, a hybrid “supersports showcar,” at the Frankfurt International Motor Show beginning September…
Trump’s Caribbean mansion, South Florida properties in Irma’s path
Nicholas Nehamas The Miami Herald From Chicago Tribune President Donald Trump doesn’t just have to worry about safeguarding the nation ahead of Hurricane Irma. Trump owns a multi-million dollar mansion on the Caribbean island of St. Martin — and Category…
ANTIGUA – Island spared the worst by Hurricane Irma
From Caribbean News Service Residents are waking up to the news that Antigua has been spared the worst by Hurricane Irma. Although higher wind speeds were recorded on Barbuda there have been no reports of deaths. But the situation on…
Honda sets aside $605 million to settle Takata airbag claims
By Mariella Moon, From engadget The Japanese automaker was Takata’s biggest customer. The Takata airbag scandal affected several companies, but Honda felt its impact the most. Now, the Japanese automaker has agreed to a $605 million settlement to pay for…
This chart shows the 17 US companies with the biggest piles of cash
By Anaele Pelisson and Graham Rapier From Business Insider American companies are hoarding cash like crazy. In the second quarter of 2017, twenty-four of the largest American companies are holding on to a whopping $1.01 trillion in cash reserves, up…
The reborn Lily drone isn’t what you were expecting
By Jon Fingas From engadget The revived drone share the looks and not much else. To say that Lily drone backers were disappointed would be an understatement. They were promised a cutting-edge machine only to watch the $34 million crowdfunding…
Powerful hurricane Irma bears down on Caribbean
From Newsmax Hurricane Irma, a record Category 5 storm, churned across the Atlantic on Tuesday on a collision course with Puerto Rico and the Virgin Islands, threatening to lash the northern Caribbean with a potentially devastating mix of fierce winds,…