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Monthly Archives: March 2018

Boeing and these other stocks may be able to survive a trade war

Luke Sharrett | Bloomberg | Getty Images A maintenance technician inspects a U.S Air Force Boeing C-17 Globemaster III airplane at the Boeing Global Services and Support facility in San Antonio, Texas. Investors worried about a potential trade war should look at buying shares of Boeing and Raytheon, among other …

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Canada’s Trudeau says US tariffs on steel would be ‘unacceptable’

Jonathan Ernst | Reuters President Donald Trump welcomes Canada’s Prime Minister Justin Trudeau on the South Lawn before their meeting about the NAFTA trade agreement at the White House in Washington, U.S. October 11, 2017. Canada’s Prime Minister Justin Trudeau said on Friday any U.S. tariffs on steel and aluminum …

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‘Good chance’ this leads to NAFTA withdrawal

President Donald Trump’s decision to impose tariffs on foreign steel and aluminum likely precedes an exit from NAFTA, according to Goldman Sachs. The bank’s chief economist noted that while a formal decision has yet to be announced, a 25 percent tax on steel and a 10 percent tax on aluminum …

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People keep mistaking the National Restaurant Association for the NRA

Tom Williams | CQ Roll Call | Getty Images Sen. Tammy Duckworth, D-Ill. Planning to support or take a stand against the NRA? Better make sure you’ve got the right organization. While a number of people have made their opinions of the National Rifle Association known in the wake of …

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Trump’s tariffs are a ‘huge, huge mistake’

Getty Images President Donald Trump speaks during a meeting with congressional members in the Cabinet Room of the White House February 13, 2018 in Washington, DC. Trump said Thursday that the U.S. will impose tariffs of 25 percent for steel and 10 percent for aluminum as early as next week. …

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Wilbur Ross on potential Trump tariff price hikes: ‘No big deal’

Mary Turner | Reuters U.S. Commerce Secretary Wilbur Ross, speaks at the Conferation of British Industry’s annual conference in London, Britain, November 6, 2017. Commerce Secretary Wilbur Ross told CNBC on Friday that President Donald Trump’s tariffs are “no big deal.” During an appearance on “Squawk on the Street,” Ross …

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Dow drops more than 350 points at the open on trade-war worries

Jin Lee | Bloomberg | Getty Images A trader works on the floor of the New York Stock Exchange in New York, U.S., on Tuesday, Feb. 22, 2011. Shares of steel and aluminum users like General Motors and Boeing fell 1.1 percent and 3.3 percent, respectively. On Thursday, they fell …

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Snap Spectacles reportedly seeing new generations after initial flop

Brendan McDermid | Reuters A woman wears Snapchat’s Spectacles on the floor of the New York Stock Exchange during the company’s initial public offering in New York, March 2, 2017. Snap is working on two new versions of its Spectacles camera-enabled glasses, according to a Friday report from business news …

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Aly Raisman is suing USOC, USA Gymnastics over sexual abuse

Brendan McDermid | Reuters Victim and Olympic gold medalist Aly Raisman speaks at the sentencing hearing for Larry Nassar, (R) a former team USA Gymnastics doctor who pleaded guilty in November 2017 to sexual assault charges, in Lansing, Michigan, January 19, 2018. Olympic gold medalist Aly Raisman is suing the …

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Toyota venture to spend $2.8 billion to develop self-driving technology

Rick Wilking | Reuters Akio Toyoda, president of Toyota Motor Corporation, announces the “e-Pallete”, a new fully self-driving electric concept vehicle designed to be used for ride hailing, parcel delivery services and other uses at CES in Las Vegas, January 8, 2018. Toyota said a new venture would be investing …

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