The Great Texas Wind Power Boom
Clinton proposes closing real estate loophole, not Trump
SANTA FE, N.M. — Donald Trump’s wealth has helped define the 2016 presidential race and it is also shaping the campaign’s tax debate. Trump contends he has the expertise to fix the tax code and close loopholes like the ones that may have let him go nearly two decades without paying federal income taxes. Hillary Clinton, he said in the last debate, won’t. “She complains that Donald Trump took advantage of the tax code,” Trump said. “Well, why didn’t she change it?” But Clinton now is proposing c..>> view originalWhat's the upside in Alcoa's upcoming split?
Assessing U.S. market bellweather Alcoa's results may depend on who you ask. The aluminium giant's last quarterly results before its split into two on November 1 disappointed markets, but an analyst said the new structure should bode well for the company that has been hit by the prolonged slump in commodity prices. On Tuesday, New York-based Alcoa reported a third-quarter net profit of $166 million, or 33 cents per share, up from $44 million, or 6 cents a year earlier. Excluding special i..>> view originalEricsson in Profit Warning Due to Weak Broadband Demand
STOCKHOLM รข Mobile networks company Ericsson saw its share price plummet by almost a fifth on Wednesday after saying that its third quarter earnings this year will be "significantly lower" than expectations and it predicts no improvement anytime soon.The Swedish company said its sales fell 14 percent in the period compared to a year earlier due to weaker demand for broadband networks.Ericsson CEO Jan Frykhammar says "current trends are expected to continue short-term." He said that the Stock..>> view originalCourt: Consumer bureau's structure is unconstitutional
The nation’s second most powerful court ruled Tuesday that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, delivering a huge victory to business groups and Republicans in Congress.Tuesday’s ruling, handed down by the U.S. Court of Appeals for the D.C. Circuit, does not halt the agency’s operations but states that Congress erred in creating a far-reaching agency that is led by a single director.The decision, the first major legal challenge to the CFPB’s power..>> view originalToyota and Suzuki Say They Are Considering an Alliance
Photo A Suzuki Ignis at the Paris Motor Show. Suzuki, which specializes in small cars, would benefit from Toyota’s scale and resources. Credit Ian Langsdon/European Pressphoto Agency TOKYO — In a foreshadowing of a possible new alliance in the automobile industry, Toyota and Suzuki said on Wednesday that they were discussing a wide-ranging business partnership.The manufacturers, both Japanese, were vague about what might happen, including whether there could be a capita..>> view originalFuture Cities Could Run On Shared Fleets of Electric Self-Driving Cars
Over the coming decades, a dozen dense and developed cities may aggressively use shared fleets of electric and self-driving cars that could be summoned to pick up passengers and shuttle them to offices and stores. Such cars, which could carry anywhere from two passengers to 20 passengers, could cost less to use and be more convenient than owning a car, according to a new report from the research firm Bloomberg New Energy Finance on Tuesday. Cities with the greatest potential for such futuristic..>> view originalAmazon cooking up a new strategy on groceries
WASHINGTON — Rumors have been brewing for about a year now that e-commerce titan Amazon.com wants to open grocery-centric brick-and-mortar locations. In Seattle and Sunnyvale, Calif., there have been reports that outposts are in the works allowing shoppers to drive up and retrieve grocery orders they place online. On Tuesday, the buzz grew louder when the Wall Street Journal reported many such locations are in the works, and they will not only include curbside pickup, but also walk-in convenien..>> view original
Monday, October 17, 2016
The Great Texas Wind Power Boom and other top stories.
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