The tail wing of an American Airlines plane pulls into its gate after arriving at the Miami International Airport. Joe Raedle | Getty Images Government investigators have received details of a 2016 internal Boeing report that reportedly shows that about one-third of employees who responded felt “potential undue pressure” from management regarding safety approvals by
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Brian Niccol, CEO of Chipotle Mexican Grill Adam Jeffery | CNBC Here are the biggest calls on Wall Street on Friday: Morgan Stanley downgraded Caterpillar to ‘equal weight’ from ‘overweight’ Morgan Stanley said it sees a “balanced” risk/reward. “We see increasing downside risks to CAT‘s Construction and Energy & Transportation segments. Resources segment and share
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Mint Images | Mint Images RF | Getty Images People in Gen X, the forgotten generation, require a great deal of financial strength and resolve to handle being “sandwiched” between several generations. Gen Xers, rightfully, suffer from middle child syndrome. The two older living generational cohorts, baby boomers and the Silent Generation, generally are lauded
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Income investors have been crushed this year. Bond yields are down and stocks pay less and less “dividend per dollar” with each rally. But there’s still one little-known corner of the investing world we can look to for safe yields up to 11.8%. Business development companies (BDC) provide debt and equity financing for small and
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Wells Fargo Securities’ Michael Schumacher sees year-end bond market volume dropping off earlier than usual. According to the firm’s global head of rate strategy, the slide will likely occur around Thanksgiving instead of mid-December. Not only is Wall Street still thinking about last year’s painful historic stock market drop, Schumacher blames the geopolitical backdrop. He
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null Getty “If you don’t know where you’re going, any road will get you there.” So goes the familiar adage that usually starts every company planning session you’ve ever attended. Face it. This is a planning session. The good news, however, is that it’s not about some bland organization. It’s about something you’ll find much
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The Norman Lykes House sits on the edge of the Phoenix Mountains Preserve. Heritage Auctions, HA.com Frank Lloyd Wright’s final residential masterpiece, the Norman Lykes House, sold for  $1,677,500, at a public auction October 16 in Phoenix. Nicknamed the Circular Sun House, the iconic contemporary home was auctioned off by Heritage Auctions with no minimum
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Sunrun installer putting up solar electric panels on a residential rooftop in California. Source: Sunrun Hedge fund Tiger Global Management is making a big bet on continued expansion at San-Francisco-based Sunrun, which has grown into the nation’s largest residential solar company. The fund, headed by Julian Robertson protégé Chase Coleman, has been steadily increasing its
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Stephanie McKire, 60, knows how expensive cancer can be. When she was diagnosed with breast cancer in February 2012, McKire, now retired and living in Detroit, was a quality engineer with employer-sponsored health insurance. She soon found that, even with insurance, the copays and costs of medication and therapies added up to thousands of dollars.
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