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Tillerson concedes Russia ties are sour, but holds out hope

Carlos Barria | Reuters President Donald Trump meets with Russian President Vladimir Putin during their bilateral meeting at the G20 summit in Hamburg, Germany July 7, 2017. Secretary of State Rex Tillerson says neither he nor President Donald Trump is “very happy” about new sanctions on Russia that Congress has …

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As Paris and LA are awarded the Olympics, these are the priciest Games on record

Jamie Squire | Getty Images Fireworks ignite over the Olympic Stadium during the Opening Ceremony for the London 2012 Olympic Games on July 27, 2012 at Olympic Park in London, England. At an estimated $14.9 billion, London’s 2012 Olympic Games emerged as the most expensive of all time. Though shy …

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New York Times stock up 70 percent since election, just hit nine-year high

After posting strong earnings Thursday, The New York Times Company shares have surged to a nine-year high. The company has seen a sharp increase in digital subscriptions, largely attributed to the “Trump effect,” since last November’s election. In part thanks to the digital subscriptions, the company reported profit as $27.7 …

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Millennials expected to push sales to record highs

Sometimes, bigger isn’t always better. The recreational vehicle industry has figured that out and it has led to record-breaking growth. This year, RV shipments are expected to hit their highest level ever, according to the Recreation Vehicle Industry Association, marking the industry’s eighth consecutive year of gains. Those shipments are …

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Millennials expected to push sales to record highs

Sometimes, bigger isn’t always better. The recreational vehicle industry has figured that out and it has led to record-breaking growth. This year, RV shipments are expected to hit its highest level ever, according to the Recreation Vehicle Industry Association, marking the industry’s eighth consecutive year of gains. Those shipments are …

Read More »

New York Times stock up 70 percent since election, just hit nine-year high

After posting strong earnings Thursday, The New York Times Company shares have surged to a nine-year high. The company has seen a sharp increase in digital subscriptions, largely attributed to the “Trump effect,” since last November’s election. In part thanks to the digital subscriptions, the company reported profit as $27.7 …

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Hyundai Motor Q2 net profit halves as China, US sales sag

SeongJoon Cho | Bloomberg | Getty Images An employee inspects a Hyundai Motor Genesis sedan on the production line at the company’s plant in Ulsan, South Korea, on Monday, April 24, 2017. Hyundai Motor’s bleak results stretched into a 14th straight quarter as political headwinds continued to drag down sales …

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United Tech quarterly revenue rises 2.7 percent

Chris Ratcliffe | Bloomberg | Getty Images A visitor looks at a PurePower PW1500 aircraft engine manufactured by Pratt & Whitney, a unit of United Technologies Corp., at the Paris Air Show. United Technologies, the maker of Otis Elevators, Pratt & Whitney engines, and Carrier air conditioners, reported a 2.7 …

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Honeywell’s profit rises 5.5 percent

SeongJoon Cho | Bloomberg | Getty Images A model of a Honeywell Aerospace engine at a Seoul International Aerospace & Defense Exhibition in South Korea. Honeywell reported a better-than-expected quarterly profit, as sales in its aerospace, and performance materials and technologies businesses were higher than its forecast. The U.S. technology …

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Target is ending Cartwheel Perks rewards, promising something better

Target is ending its Cartwheel Perks loyalty program. The retailer sent the following e-mail to users in the five Perks test markets on Wednesday: “Creating simple, convenient and fun digital tools for Target guests means listening carefully to guest feedback and regularly making adjustments based on what we hear,” Target …

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