Cuomo's tunnel experts spent just an hour evaluating damage – New York Post

Cuomo's tunnel experts spent just an hour evaluating damage – New York Post

The engineering team behind Gov. Andrew Cuomo’s miracle L train cure has little experience working on transit projects and spent a grand total of an hour evaluating the damage, The Post has learned. Mary Boyce, dean of The Fu Foundation School of Engineering and Applied Science at Columbia University, told The Post that the team […]

Apple's stock just plunged, but Wall Street is telling clients to hold on for dear life – Business Insider

Apple's stock just plunged, but Wall Street is telling clients to hold on for dear life – Business Insider

Reuters/Darrin Zammit Lupi While a swath of analysts slashed their price targets on Apple following the company’s revenue warning, the majority are not turning all-out bearish just yet. Of the major Wall Street analysts covering Apple, 23 carry a “buy” rating, 23 carry a “hold” rating, and two carry a “sell” rating. While nearly 30 […]

The woman who nailed 2018 stock-market volatility blowup now warns of ‘bubbliciouness’ in loans – MarketWatch

The woman who nailed 2018 stock-market volatility blowup now warns of ‘bubbliciouness’ in loans – MarketWatch

Nancy Davis, the chief investment officer and founder of advisory firm Quadratic Capital, garnered attention back in October 2017 when she predicted that a preternatural period of placidity in the stock market was about to come to an ugly end. Four months later, it did, in spectacular fashion. Then, amid renewed ebullience over technology and […]

Clouds gathering over global economy – BBC News

Clouds gathering over global economy – BBC News

Image copyright Bill Clark/Getty Images What does 2019 have in store for the global economy? There are certainly clouds on the horizon, but 2018 as a whole was a reasonably strong year. Global growth will probably be about 3.7% when all the numbers are in, according to the International Monetary Fund. The world’s two biggest […]

GM faces EV tax credit expiration – Business Insider

GM faces EV tax credit expiration – Business Insider

General Motors reached 200,000 cumulative US electric vehicles sold late last year, triggering a phase-out of a $7,500 federal tax credit over the next 15 months, a person briefed on the matter said on Wednesday. Read more: Tesla tumbles after missing on vehicle deliveries and cutting prices The largest US automaker hit the figure in […]

Apple Warned iPhones Have A Serious Problem – Forbes

Apple Warned iPhones Have A Serious Problem – Forbes

We know Apple has plans to redesign the iPhone but, with official price cuts deepening, new information has warned the range has serious problems…   In a report to investors obtained by Reuters, US financial services giant Citi Group has delivered a stark warning to Apple that its iPhones in general, and iPhone XS Max in […]

S&P 500 and Stock Markets Worldwide Close Out Worst Year Since 2008 – CCN

S&P 500 and Stock Markets Worldwide Close Out Worst Year Since 2008 – CCN

Stock markets worldwide, including Dow Jones, Nasdaq and the S&P 500, have posted disappointing yearly returns, with many indexes being compared to their performance during the financial crisis. The S&P 500 is down 6.2% for 2018, while the DOW Jones Industrial Average is down 5.6% for 2018. These numbers, compared to the financial crisis, where […]

$70 Oil Could Be Right Around The Corner | OilPrice.com – OilPrice.com

$70 Oil Could Be Right Around The Corner | OilPrice.com – OilPrice.com

Oil markets have always been cyclical, and now even more so with advanced electronic trading, more speculation (which often results in wider oil price swings) and more producers, including the resurgence of U.S. oil production, now reaching over 11 million barrels per day. Added to the cocktail of uncertainty are also a myriad of geopolitical […]

Carlos Ghosn's detention in Japan extended until Jan. 11 – The Japan Times

Carlos Ghosn's detention in Japan extended until Jan. 11 – The Japan Times

The Tokyo District Court on Monday approved another request from prosecutors to keep former Nissan Motor Co. Chairman Carlos Ghosn in detention for alleged financial misconduct. This extension should keep him behind bars until Jan. 11. Ghosn, who was initially charged twice for allegedly underreporting his remuneration, has been detained since November and was served […]

Blasdell man arrested in drive-thru rage incident at Chick-fil-A – Buffalo News

Blasdell man arrested in drive-thru rage incident at Chick-fil-A – Buffalo News

A Blasdell man was arrested Friday night after a confrontation between two customers in the drive-thru lane at the Chick-fil-A restaurant, 1753 Walden Ave., Cheektowaga Police reported. Charged with second-degree menacing was Andrew Beilen, 31. Officers were called to the restaurant about 9 p.m. Police said that when two customers argued over their proper place […]