Finance

Author: 0 Next-Gen Ram Heavy-Duty Truck Production Moves From Mexico to MI

Fiat Chrysler says because of the President's new tax law, it will invest more than $1 billion in modernizing the Warren Truck Plant and will add 2,500 jobs. On Wednesday, Toyota Motor Corp and Mazda Motor Corp announced they would build a new $1.6 billion joint venture auto assembly plant in Alabama, drawing praise from Trump.

Finance GM plans autonomous auto with no wheels or pedals for 2019
Author: 0 GM plans autonomous auto with no wheels or pedals for 2019

GM reports Friday that it officially filed a safety petition with the Department of Transportation to put the Cruise AV sans steering wheel or pedals on roads by 2019 without a human backup. The automaker is seeking approval from the National Highway and Traffic Safety Administration to operate as many as 2,600 of the vehicles, according to TechCrunch .

Finance Uber used secret tool to thwart law enforcement in foreign countries
Author: 0 Uber used secret tool to thwart law enforcement in foreign countries

Ripley - which was said to be named after Sigourney Weaver's character in the 1979 sci-fi movie " Alien " - could remotely disable, lock or change the password on employees' computers and smartphones. The use of this tool raises questions for Uber because the company has in the past used a phony version of its app to thwart authorities. When a code inspector working for the the city of Portland, Oregon tried to catch Uber in a sting operation, the company "Greyballed" his phone, pretending ...

Finance Confirmed, Alabama picked for new $1.6B Toyota Mazda plant
Author: 0 Confirmed, Alabama picked for new $1.6B Toyota Mazda plant

Alabama offered an incentive package worth more than $379 million to lure the plant. Production is targeted to begin by 2021. The announcement - made by Alabama's governor and leaders of both auto companies in Huntsville, the site of the new plant - was anticlimactic: News of the deal was leaked late Tuesday and spread like wildfire, stunning local and state leaders, some of whom admitted they were caught by surprise.

Finance PSLV heads towards orbit, launch said to be
Author: 0 PSLV heads towards orbit, launch said to be "successful"

This is ISRO's first Polar Satellite Launch Vehicle (PSLV) mission after the unsuccessful launch of the navigation satellite IRNSS-1H previous year. The satellite will be launched shortly. The launch is estimated to take 7 minutes and 15 seconds, and the telecast will be both in Hindi and English.

Finance Malaysia To Resume Search For Flight MH 370
Author: 0 Malaysia To Resume Search For Flight MH 370

Lai said the company has been given a deadline of 90 days to complete the search and will not charge any fee if it is unable to locate the remains of the flight that is believed to have crashed in the Indian Ocean. At least three pieces of aircraft debris collected from sites on Indian Ocean islands and along Africa's east coast have been confirmed as being from the missing plane.

Finance Domino's Pizza (DPZ) Price Target Raised to $250.00 at Maxim Group
Author: 0 Domino's Pizza (DPZ) Price Target Raised to $250.00 at Maxim Group

After the latest session, which saw the stock close at a price of $2.98, ACHN sits below its 52-week high. While in the same Quarter Previous year, the Actual EPS was $1.48. The rating was maintained by Cowen & Co with "Hold" on Wednesday, August 16. The Nevada-based Navellier & Associates Inc has invested 1.8% in the stock.

Finance Ford Warns Against Driving Certain 2006 Ranger Pickups
Author: 0 Ford Warns Against Driving Certain 2006 Ranger Pickups

Parts are available now, and dealers are prepared to get vehicles directly from customers, make permanent repairs that will resolve the safety risk and provide a free interim loaner vehicle, if necessary. Ford said it would pay to have vehicles towed to dealerships or send mobile fix teams to owners' homes and provide free loaners if needed. "It is extremely important that all high-risk air bags are tracked down and replaced immediately", NHTSA spokeswoman Karen Aldana said.

Finance Crude oil prices hold near two-year highs
Author: 0 Crude oil prices hold near two-year highs

U.S. West Texas Intermediate ( WTI ) crude futures rose to $63.67, the highest since December 9, 2014, before settling at $63.60 a barrel. The past six months have seen revival of confidence in the industry with oil futures curve shifting from "contango" to "backwardation" i.e.

Finance Mozilla releases a patch for Meltdown and Spectre
Author: 0 Mozilla releases a patch for Meltdown and Spectre

But the Spectre and Meltdown flaws could let hackers cut through all the layers of software to violate the very heart of a computer, the processor chip that powers its fundamental workings. " All future Arm Cortex processors will be resilient to this style of attack or allow mitigation through kernel patches", the company said in a statement .

Finance Dropbox Is Getting Ready for the Biggest Tech IPO Since Snapchat
Author: 0 Dropbox Is Getting Ready for the Biggest Tech IPO Since Snapchat

Dropbox will begin interviewing investment banks in the coming weeks, the sources said, asking not to be named because the deliberations are private. Dropbox has more than 500 million users in more than 200 countries. If Dropbox - last valued by private-market investors at about $ 10 billion (U.S.) - follows through on an initial public offering, it will become one of the highest-profile technology companies of late to seek a stock market listing.

Finance Ikea ad reveals coupon when pregnant women pee on it
Author: 0 Ikea ad reveals coupon when pregnant women pee on it

The company is offering pregnant women a significant discount on baby cribs , but there is one slight catch - expectant mothers will need to pee on the interactive advert to reveal the code. The ad is now running in the Swedish magazine Amelia , according to Adweek . For reference, the crib in question, the Sundvik, is now available for $119.00 online, pre-discount.

Finance Tax law implementation to cost IRS almost $500 million
Author: 0 Tax law implementation to cost IRS almost $500 million

In a preliminary estimate, the IRS predicted that it would need an additional $495 million in fiscal 2018 and 2019 to implement the tax law. That, in turn, can mean a big refund come tax time. For example, there is a new $10,000 limit on the amount of state and local taxes a household can deduct from federal income. And eligibility for the Child Tax Credit has been expanded.

Finance Circuit City sets return date
Author: 0 Circuit City sets return date

The retailer has marked February 15 as its official return date as its website will be back up that day, Shmoel added. The relaunch will begin February 15, reports consumer electronics magazine Twice , who attended the press briefing at the Consumer Electronics Show.

Finance Ripple, MoneyGram Announce Partnership to 'Modernize' Payments
Author: 0 Ripple, MoneyGram Announce Partnership to 'Modernize' Payments

Payments made by MoneyGram‎' customers on its worldwide platform will ‎ have access to Ripple's new enterprise solution, which enables real-‎time FX settlement through its cryptocurrency, XRP. Alex Holmes, CEO of MoneyGram said: "Every day blockchain technology is changing the norm and encouraging innovation". International Payments is a multi-billion dollar industry and the current way of using a centralized authority who hold enough foreign reserves to be able to facilitate the ...

Finance Walmart raises minimum wage, gives bonuses after tax cut
Author: 0 Walmart raises minimum wage, gives bonuses after tax cut

Walmart is also planning on improving maternity leave benefits as well as offering a one-time cash bonus. The company said the moves that will affect more than a million hourly workers in the US are tied to recently enacted tax legislation that will save it money.

Finance Woman got refund after Christmas tree died, fellow shopper says
Author: 0 Woman got refund after Christmas tree died, fellow shopper says

One man expressed his disbelief on Facebook , which was multiplied when, according to him, she got her money back. Stay on top of breaking news stories with the ABC11 News App " Heartbreaking to think she may have needed that money so much, she lost all self respect and dignity for it".