Business News - Last Generation Network News for Saturday April 29 2017

Business News -  Last Generation Network News for Saturday April 29 2017

Trump Tax Plan Would Shift Trillions From US Coffers to the Richest

New York Times - ‎Apr 27, 2017‎
President Trump and the first lady, Melania, at the White House on Thursday. Mr. Trump could benefit substantially from his tax plan, with provisions such as a repeal of the alternative minimum tax and a proposal to allow owner-operated companies ...

Ted 2017: Elon Musk's vision for underground road system

BBC News - ‎13 hours ago‎
US entrepreneur Elon Musk has outlined his vision for a tunnel network under Los Angeles and shown how it might work. Mr Musk also told the Ted (Technology, Entertainment and Design) conference he planned fully autonomous journeys across the US by ...

GDP Report Shows US Economy Off to Slow Start in 2017

New York Times - ‎3 hours ago‎
Americans say they feel more optimistic about the economy since President Trump was elected. But they certainly are not acting that way, and that is shaping up to be a challenge for his administration.

Trump aims to expand US offshore drilling, despite low industry demand

Reuters - ‎15 hours ago‎
WASHINGTON U.S. President Donald Trump signed an executive order on Friday to extend offshore oil and gas drilling to areas that have been off limits - a move meant to boost domestic production but which could fall flat due to weak industry demand for ...

Quit Hating On United Airlines

Fortune - ‎1 hour ago‎
It has been a rough few weeks for United Airlines, as the company probably wishes nothing more than to erase its recent mishaps, including the latest one involving questions over the death of a giant rabbit aboard one of their flights.

Google's Sundar Pichai is likely the highest-paid CEO

MarketWatch - ‎44 minutes ago‎
Alphabet Inc. awarded Google Chief Executive Sundar Pichai nearly $200 million in total compensation in 2016, more than twice as much as any CEO of a publicly traded company tracked in the last two years.

Gov. Brown Signs Plan That Raises Gas Tax to Fix Roads

U.S. News & World Report - ‎14 hours ago‎
California drivers will see their gas prices rise in November and will pay more to register their vehicles come January. | April 28, 2017, at 7:05 p.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Gov. Brown Signs Plan That Raises Gas Tax to Fix ...

Top Takeaways From Amazon, Microsoft and Intel's Earnings Reports

TheStreet.com - ‎17 hours ago‎
Thursday afternoon provided a slew of important tech company earnings; here's a look at the main earnings and guidance numbers provided by Amazon.

Louisiana bank failure is costliest since financial crisis

Washington Post - ‎12 hours ago‎
Regulators on Friday seized New Orleans-based First NBC Bank in the costliest bank failure since the financial crisis, with cleanup costs estimated at $1 billion .

Why investors are paying a premium for Cloudera over its top rival

CNBC - ‎14 hours ago‎
The company still has a long way to go to match the price Intel paid in 2014. Ari Levy | @levynews. 14 Hours Ago CNBC.com. SHARES.

2nd Company Shuts Oil, Gas Wells After Deadly Home Explosion

CBS Local - ‎9 hours ago‎
DENVER (AP) - A second petroleum company said it would shut down and inspect wells after a fatal house explosion near a gas well in Colorado, although investigators have not said whether the well was the cause.

GoPro Attempts to Stabilize Its Struggling Business

Fortune - ‎Apr 27, 2017‎
The camera maker said Thursday that while its sales grew 19% year-over-year to nearly $219 million in its latest quarter, it lost roughly $110 million, or 3.4% more than during the same period last year.

Ford Motor Co.'s First Quarter: Did Wall Street Get It Right?

Motley Fool - ‎16 hours ago‎
The market wasn't quite sure how to trade Ford on Thursday after its first-quarter report. Here are some key points investors should know.

With Anthem-Cigna All But Dead, M&A Speculation Is Back On

Bloomberg - ‎14 hours ago‎
With the Anthem Inc.-Cigna Corp. merger now all but dead, speculation about the next health-insurance megadeal -- and the Trump administration's tolerance for such transactions -- has begun.

Euro Area's Inflation Surge Won't Help Draghi Hold the ECB Line

Bloomberg - ‎Apr 28, 2017‎
Mario Draghi's job of maintaining a sense of economic caution is already getting a little trickier. Only a day after the European Central Bank president expressed concern that price pressures in the euro area are still too weak to rein in stimulus, a ...

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