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..>> view originalIreland 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 ..>> view originalObama 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..>> view originalLowest 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..>> view originalDelta'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..>> view originalIs 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..>> view originalHanjin 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..>> view original
Saturday, October 22, 2016
Sorry, Folks, But Wall Street Won't Predict the Next President and other top stories.
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