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Airbus notches win over rival Boeing with Bombardier deal

Airbus scored a point in its high-stakes rivalry with Boeing by striking a deal just across the U.S. border. The European plane maker reached an unusual, no-cost deal with Canada's Bombardier that sent Airbus shares up Tuesday, boosts both companies' prospects in Asia and should save thousands...

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  • Effect of Trump's Obamacare subsidy cuts is blunted in California — for now

    Effect of Trump's Obamacare subsidy cuts is blunted in California — for now

    Unable to get Congress to “repeal and replace” the Affordable Care Act, President Trump this week took matters into his own hands. Late Thursday evening, the White House announced it would stop paying key subsidies, known as “cost-sharing reductions,” that compensate insurers for providing discounts...

  • Gains for tech help U.S. stocks higher, but insurers skid

    Gains for tech help U.S. stocks higher, but insurers skid

    U.S. stocks finished mostly higher Friday to wrap up a subdued week, and technology companies did most of the heavy lifting. Investors were also pleased to see that shoppers spent more money in September. Printer and PC maker HP sent technology companies higher after releasing a strong profit forecast...

  • Social Security benefits to rise by 2% in 2018

    Social Security benefits to rise by 2% in 2018

    Millions of Social Security recipients and other retirees will get a 2% increase in benefits next year. It's the largest increase since 2012 but amounts to a bump of only $25 a month for the average beneficiary. The Social Security Administration announced the cost-of-living adjustment, or COLA,...

  • Wells Fargo profit falls 18% in third quarter due to legal costs

    Wells Fargo profit falls 18% in third quarter due to legal costs

    Wells Fargo's third-quarter profit dropped 18%, caused by a significant increase in the bank's legal expenses tied to its mortgage practices before the financial crisis. The increase in legal expenses comes as the San Francisco-based bank tries to move beyond its recent scandals involving unauthorized...

  • Surge in energy costs sends U.S. consumer prices up 0.5%

    Surge in energy costs sends U.S. consumer prices up 0.5%

    U.S. consumer prices rose 0.5% in September, the largest increase in eight months. The result reflects another big jump in energy prices in the aftermath of Hurricane Harvey, which shut Gulf Coast refineries and caused gasoline prices to jump across the country. The September increase in the closely...

  • 2018 Mercedes-Benz E400 Coupe

    2018 Mercedes-Benz E400 Coupe

    Mercedes-Benz makes so many different cars that I pity the buyer who has decided on the brand but not on the model. The German car company currently offers 27 different vehicles through its U.S. dealerships. That’s not counting the different trim lines, the high-performance AMG and Maybach variations,...

  • Key Samsung executive announces his resignation

    Key Samsung executive announces his resignation

    The chairman of Samsung Electronics Co.'s board of directors, who has been the public face of the company since its de facto chief was jailed on corruption charges, said Friday he will resign next year to make way for a new leader. “As we are confronted with unprecedented crisis inside out, I believe...

  • With Rose McGowan's suspension, Twitter again concedes it stumbled

    With Rose McGowan's suspension, Twitter again concedes it stumbled

    Twitter’s moderation team has been tested in recent weeks by three high-profile cases. An actress-turned-activist suspended for tweeting a private phone number.A politician whose anti-abortion campaign ad Twitter censored, and then released in full.A president whose account Twitter declined to...

  • Waymo is the first company to give a detailed self-driving safety report to federal officials

    Waymo is the first company to give a detailed self-driving safety report to federal officials

    To help keep tabs on the safety of driverless cars rolling around U.S. cities, the federal government last year, and again last month, suggested that tech firms and car companies submit safety checklists. None of the companies have done it. Until now. Waymo, a self-driving car project spun off...

  • Layoffs begin at Disney's ABC amid pressures in TV market

    Layoffs begin at Disney's ABC amid pressures in TV market

    Walt Disney Co. started laying off employees across its ABC Television Group on Thursday. Of the division’s 9,000 employees, 100 to 200 are expected to be cut, according to an executive familiar with plan who was not authorized to discuss it publicly. A representative for the Burbank-based company...

  • Retail and media stocks pull indexes down from highs

    Retail and media stocks pull indexes down from highs

    U.S. stock indexes retreated from their record highs Thursday as retailers and media companies declined and investors shrugged at quarterly reports from a few big banks. Clothing companies and other retailers fell after women's clothing company J. Jill slashed its third-quarter forecast. The company's...

  • Equifax says code on its website 'was serving malicious content'

    Equifax says code on its website 'was serving malicious content'

    Equifax Inc. took part of its website offline Thursday after code on the site redirected users to a malicious URL urging them to download malware. Also Thursday, a top Republican congressman introduced a bill that would stop credit reporting companies such as Equifax from using Social Security...

  • Vineyards may have kept wine country fire from getting worse

    Vineyards may have kept wine country fire from getting worse

    Christian Palmaz used hoes, shovels and rakes to keep flames from his family’s 19th-century vineyard estate home on the flanks of Mt. St. George in eastern Napa County. But he didn’t have to worry about his vines. They’re green, very much alive, and a stark contrast to more than 500 acres of oak,...

  • Tesla recalls 11,000 Model X SUVs because seats could move forward in a crash

    Tesla recalls 11,000 Model X SUVs because seats could move forward in a crash

    Tesla Inc. is recalling 11,000 Model X SUVs worldwide because their rear seats might not lock into place. The recall involves vehicles with fold-flat second-row seats made between Oct. 28, 2016, and Aug. 16, 2017. Tesla said it believes that only about 3% of the recalled vehicles have the issue....

  • Snap's stock rises further the day after its biggest jump since IPO

    Snap's stock rises further the day after its biggest jump since IPO

    Snap Inc.’s stock rose again Thursday after shares of the Snapchat maker enjoyed their best daily gain since the day of the company’s stock market debut in March. The stock was up 51 cents, or 3%, to $16.49 a share in midday trading after surging 11.4% on Wednesday following a positive report from...

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  • Think outside the bank: How to get a business loan online

    Think outside the bank: How to get a business loan online

    In business, dreams are easy. Finding the money to make them happen, however, can be difficult. Even established, successful businesses can get turned away for loans at banks. This was the case for Sole Bicycles, a popular maker of stylish and high-performance bikes based in Venice Beach, California....

  • 5 big changes for today's small businesses

    5 big changes for today's small businesses

    A generation ago, the notion of a small business owner meant something very different. You pictured a person who owned their own storefront, often named after themselves, and every day they were the first to arrive and the last to leave. They worked tirelessly for their customers, and their reward...

  • 5 steps to creating happiness in your workplace

    5 steps to creating happiness in your workplace

    Each workday, the average American spends 8.8 hours at work or on work-related activities, according to the Bureau of Labor Statistics. That’s even more time than people spend sleeping. And because we spend so much time at work, it's in your and your employer’s best interest to make workplaces...

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