Years of litigation initiated by Boeing against Airbus in 2004 at the World Trade Organization came to a whimpering end Tuesday, with little to show for 17 years of legal pressure.
More worrisome for Boeing, the trade deal the Biden administration announced with the European Union includes an agreement that the two sides will now pivot to ...Read more
It may be the most distinguished Wall Street firm you never heard of: Brown Bros. Harriman & Co. traces its lineage back to 1800, when Alexander Brown moved to Baltimore from Belfast and started a linen trading company.
In 1931, what was then Brown Bros. merged with two relatively new-money firms that had been founded by Averell and Roland ...Read more
WASHINGTON — The Federal Reserve signaled Wednesday that it would likely nudge up interest rates sooner than previously expected in response to sizzling economic growth and a spike in prices that has sparked inflation fears.
Fed officials, after their two-day meeting, left the central bank’s main interest rate near zero. But policymakers ...Read more
Google will open its first retail store in New York City, highlighting the internet giant’s effort to promote its consumer hardware devices.
The store, in Manhattan’s trendy Chelsea neighborhood, will open to the public Thursday, the Mountain View, California-based company said Wednesday in a blog post. The shop, which is a block away from ...Read more
The price tag of $56,000 per year for Biogen's new Alzheimer's treatment could come with a bitter pill for some Medicare beneficiaries: out-of-pocket costs of up to $11,500.
That financial hit is troubling to consumer advocates, because it raises the prospect of an even more divided health system: Many seniors will be unable to afford this drug...Read more
The Achilles heel of community colleges also happens to be their strength. They’re flexible, affordable and supportive of students from all walks of life. But because of that flexibility and chronic underfunding from state and local governments, “they’re often not providing very consistent, structured support,” says Xueli Wang, author of...Read more
Community college seems like an oasis of affordable opportunity: It’s cheap! It’s nearby! And you can just see the number in your bank account ballooning with the salary boost from your new degree or certificate! But proceed with caution. Without a strategy, community college can also be a bonfire of wasted time and funds.
The key, says ...Read more
They are a little bigger than a coin the size of a quarter, but tiny semiconductor chips are bringing production of vehicles across the nation to a halt.
Car dealers have barren parking lots, consumers face limited options on new vehicle purchases and buyers must wait, and wait, for their new ride to be built. Tens of thousands of new vehicles ...Read more
Q: We have 114-megabit cable internet service in a 100-year-old house. When we stream to our TVs, we constantly have problems with buffering (delays while the TV waits for the streaming to catch up).We have the most buffering delays with the second-floor TV (about 10 feet on the other side of a wall from the wireless router) and two TVs on the ...Read more
Q: I hate sticky fingers – especially when my leather covered steering wheel becomes sticky. During the pandemic I discovered that disinfecting wipes did an excellent job of totally removing stickiness with no apparent residue left over. Unfortunately, I have developed an allergic reaction to the wipes – even when cleaning my steering wheel ...Read more
In a reversal, Lordstown Motors' new management said the company isn't so bad off after all and has enough confirmed preorders for its electric pickup to start production this fall with enough money to run through early next year.
The sunnier outlook comes days after the company stated in a government filing that it did not have enough funds to...Read more
In late May, Sarah Lynch pulled the rip cord.
The 31-year-old brand designer had been working at Coursera, the online education company, for five years. During the pandemic, a booming business in virtual learning meant Lynch was busier than ever — and sinking into burnout.
"I love my company, and I love my work, but I couldn't keep pushing ...Read more
General Motors Co. on Tuesday said it is expanding the uses of its Ultium batteries and Hydrotec hydrogen fuel cell systems for locomotives in a partnership with transportation solutions provider Wabtec Corp.
Financial details of the signed nonbinding memorandum were not immediately disclosed. Wabtec, based in Pittsburgh, will ...Read more
The Bronco has finally been released into the wild.
"The Broncos are out of the gates, out of the corral," Erik Williams, Ford plant manager at Michigan Assembly Plant in Wayne, told a handful of reporters on Monday during a tour.
Take a step back in time: This bestselling SUV was last built in 1996, the year that the Fox News Channel debuted,...Read more
An onslaught of economic reports on Tuesday added to evidence of a U.S. recovery in full swing, yet one experiencing growing pains.
While retail sales in May fell more than forecast, Americans may simply be shifting more of their spending to services such as travel and entertainment. The government’s report also showed merchant receipts were ...Read more
It was the peak of the pandemic when Tiffanie Trinh was offered a job as an IT support technician for Taco Bell and told she could work remotely until further notice. Traffic was practically nonexistent at the time, but she dreaded the one-hour slog between her apartment in Long Beach and her new office in Irvine that awaited.
Her previous job ...Read more
The reopening economy — coupled with the reluctance of some older workers to go back to lower-wage positions during a pandemic — has brought a shower of jobs to young people, economists say.
A report by the Bureau of Labor Statistics said that more than 5.4 million U.S. teenagers between 16 and 19 years old had jobs in May, an increase of ...Read more
Meet Loki of Asgard, god of mischief and pitchman of compact SUVs.
As Walt Disney Co.-owned Marvel unveils its latest Disney+ series, "Loki," which premiered last week, the studio's popular superheroes have teamed with automaker Hyundai in an elaborate campaign to promote the new Tucson and the company's all-important streaming service.
The ...Read more
To advance the goal of achieving environmentally sustainable aviation, the jet engine giants of the U.S. and France on Monday unveiled a joint vision that would significantly change both the look of airplane engines and how they work. Their timeline suits Airbus but may be problematic for Boeing.
For the next big advance in future aircraft ...Read more
By Arianne Cohen
Rate.com careers editor
To launch your career into the stratosphere, aim for roles with ample decision-making tasks.
“It’s basically impossible to keep getting pay increases after (age) 35 or 40 if you’re not in a job that requires decision-making,” says David Deming, a professor of public policy at Harvard Kennedy ...Read more
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- Tech Q&A: How to get good Wi-Fi reception in a really old house
- Google to open first retail store steps away from Apple in NYC
- Michael Hiltzik: As Wall Street changed, one historic firm stood fast -- for the better