Saturday, October 22, 2016

Sorry, Folks, But Wall Street Won't Predict the Next President and other top stories.

  • Sorry, Folks, But Wall Street Won't Predict the Next President

    These days, political journalists (including us) are all taking a pickaxe to the same election coverage problem. With polling so obviously in need of an update, where do you turn for a credible assessment of public opinion? People are unearthing new theories all the time, so you end up with a newsfeed awash with articles touting brand new, unconventional sourced data. Trouble is, not every bird in an the election prediction coal mine is a canary. Which brings us to this week’s hot would-be poll..
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  • Ireland to join Apple in fight against EU tax ruling

    Ireland to join Apple in fight against EU tax ruling
    The Independent Alliance, a group of five lawmakers, fell in line after the coalition agreed to conduct a review of what tax multinationals pay and what should they pay. Transport Minister Shane Ross, an Alliance member, defended Apple up to a point. "I think they were acting legally. What they were doing was making use of extraordinary loopholes that existed there," he told reporters. "Multinationals provide absolutely vital jobs to the economy ... (but) multinationals should pay a ..
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  • Obama and Xi Formally Commit US and China to Paris Climate Accord

    Obama and Xi Formally Commit US and China to Paris Climate Accord
    Mr. Obama’s chaotic welcome on the tarmac captured the mood. Chinese security officials kept back reporters trying to cover his arrival, and they did not follow the usual procedure of rolling a large set of stairs to Air Force One’s door, forcing the president to exit by a rarely-used lower door in the belly of the plane. Later, shouting matches broke out between Mr. Obama’s staff and guards over how many people were allowed into the state house where he and Mr. Xi met.Even China’s climate comm..
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  • Lowest Labor Day gas prices in 12 years good for wallet, bad for roads

    Lowest Labor Day gas prices in 12 years good for wallet, bad for roads
    Millions of Southern Californians are expected to take to the road this Labor Day weekend, spurred by record-low gas prices for the summer holiday. According the Automobile Club of Southern California, Labor Day gas prices haven't been this low since 2004, when the TV show "Friends" had just aired its final episode, Britney Spears was marrying for the second time and a little website called Facebook launched — open only to college students. While prices are slightly higher in Los Angeles than l..
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  • Delta's August Passenger Revenue Falls, Hurt by Computer Outage

    Delta's August Passenger Revenue Falls, Hurt by Computer Outage
    Sept. 2, 2016 10:52 a.m. ET Delta Air Lines Inc. DAL 0.95 % said a key metric that measures passenger revenue fell 9.5% in August, hurt in part by the airliner’s computer problems during the month. The No. 2 air carrier by traffic said the computer failure, which resulted in 2,300 canceled flights over three days, hurt its August revenue by about $100 million, representing 2 percentage points of the decline in passenger-unit revenue. Unit revenue is considered an importa..
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  • Is Elon Musk trying to do too much too fast?

    Is Elon Musk trying to do too much too fast?
    If you deal in cars and rockets, you’re going to have crashes and blasts.But how many crashes and blasts before your business takes a fatal hit? That’s one of many questions facing Elon Musk, now engaged in one of the most fascinating stories in the history of business, a story playing out in real time.The spectacular explosion Thursday of a Falcon 9 rocket manufactured by SpaceX, a Musk company, inflames concerns about his management style -- that he’s trying to do too much too fast. “This r..
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  • Hanjin Shipping Bankruptcy Unlikely to Ease Glut of Vessels

    Hanjin Shipping Bankruptcy Unlikely to Ease Glut of Vessels
    Sept. 2, 2016 2:41 p.m. ET The increasingly likely demise of one of the world’s biggest container-shipping companies may offer some short-term relief to a sector battered by a global downturn in trade. It also could hasten further industry consolidation. What the collapse of South Korea’s Hanjin Shipping Co. 117930 -24.16 % won’t likely do is solve the shipping industry’s biggest problem: 30% more space on ships than cargo to fill it amid a world-wide trading slump. As t..
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Louisiana flood: Worst US disaster since Hurricane Sandy, Red Cross says .Three California sea otters shot and killed in Santa Cruz County .
German Official Says US-Europe Trade Talks Have Collapsed, Blames Washington .George Washington University hires a former al-Qaeda recruiter .

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