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Monthly Archives: November 2017

Merkel’s fourth term in doubt after German coalition talks collapse

Getty Images German Chancellor Angela Merkel speaks at the annual congress of the Federation of German Industry (BDI) on June 20, 2017 in Berlin, Germany. German Chancellor Angela Merkel’s efforts to form a three-way coalition government that wouldsecure her a fourth term hit a major setback on Sunday after a …

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Argentina says it may have received signals from missing sub

ALEJANDRO MORTIZ/AFP/Getty Images File picture released by Telam showing the ARA San Juan submarine being delivered to the Argentine Navy after being repaired at the Argentine Naval Industrial Complex (CINAR) in Buenos Aires, on May 23, 2014. The Argentine submarine is still missing in Argentine waters on November 17, 2017, …

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China pledges another three years of ‘toilet revolution’ to boost tourism

AFP/AFP/Getty Images A vendor takes a nap beside a public ‘bomb-proof’ toilet in Beijing’s Zhongguancun ‘Silicon Valley’ area, 06 September 2006. It was reported 06 September that the toilet, which has received a fair amount of interest in the Chinese and Hong Kong press, cost over 800,000 yuan (100,000 USD), …

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NASCAR drivers win big prize money, but they say it takes just as much to make the cars run

Getty Images Monster Energy NASCAR Cup Series Can-Am 500 at Phoenix International Raceway on November 12, 2017 in Avondale, Arizona. Harvick, a 42 old NASCAR veteran who’s been racing for nearly 20 years, partially attributed his long-running career to his 2014 champion win. Last year, Jimmy John’s Gourmet Sandwiches extended …

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Tesla is ‘going out of business,’ says former GM exec Bob Lutz

Alexandria Sage | Reuters Tesla CEO Elon Musk shows off the Tesla Semi as he unveils the company’s new electric semi truck during a presentation in Hawthorne, California, U.S., November 16, 2017. Plus, there’s nothing about Tesla that can’t be easily duplicated by other automobile companies, he argued. “There is …

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China says will work with North Korea to boost ties as envoy visits

Tomohiro Ohsumi | Bloomberg | Getty Images A paramilitary police officer stands guard in front of red flags at Tiananmen Square in Beijing, China. Traditional friendship between China and North Korea represents “valuable wealth” for their people, China said after its special envoy met a high-ranking North Korean official, but …

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Thanksgiving week is usually good for stocks

Stocks have a good chance of trading higher in the week ahead, if the typical Thanksgiving holiday week trading patterns take over. The S&P 500 has averaged a gain of 0.6 percent during Thanksgiving week, and has been higher 75 percent of the time since 1945. In the years when …

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‘Justice League’ faces a steep climb to $1 billion

“Justice League” reportedly earned $13 million in Thursday night viewings. That’s a respectable haul, but it comes in below the $14.5 million that Disney’s “Thor: Ragnarok” earned on Thursday night two weeks ago, when it sailed to a $122.7 million three-day opening. It’s also less than half the Thursday-night gross …

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Retail stocks jump, historically outperform ahead of Black Friday

In the week leading up to Black Friday and in the days thereafter, the clear outperformers in the stock market are the retailers participating in the holiday shopping phenomenon themselves. The shares are already on the comeback trail heading into Thanksgiving week 2017, as companies including Nike, L Brands, Wal-Mart, …

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Tesla Semi claims a number of ‘firsts’ for trucking industry

Alexandria Sage | Reuters Tesla’s new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. There are still plenty of questions about Tesla’s new Semi, but there is no doubt it is innovative, and represents a number of firsts for the trucking industry, says …

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