The EU’s Biggest ‘Takers’ and ‘Givers’

The EU’s Biggest ‘Takers’ and ‘Givers’

The question of which countries are paying more in EU contributions than they are getting out is a contentious issue for some and was also one major factor in the Brexit vote in the UK. In the 2017 budget, there...
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Boeing Q2 Revenue Plunges, Missing By $5 Billion

Boeing Q2 Revenue Plunges, Missing By $5 Billion

With the storm clouds over the grounded 737 MAX gathering patiently for the past 5 months, it was only a matter of time before the torrential downpour arrived, which it did just before 730am, when Boeing reported shocking numbers, with...
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Harley-Davidson second-quarter profit falls 20%

Harley-Davidson second-quarter profit falls 20%

H-D’s motorcycle revenue missed estimates $1.43 billion, versus $1.44 billion expected by analysts. The company reports $195.6 million in net income during the second quarter, versus $242.3 million a year earlier, a nearly 20% drop. H-D’s second-quarte...
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Boeing 737 Max Grounding Charges to Reach $8 Billion

Boeing 737 Max Grounding Charges to Reach $8 Billion

The financial fallout from the troubled 737 Max jetliner continues to swell for Boeing, which on Thursday announced $7.3 billion in costs that will hit its bottom line. The price tag could still climb. The Max has been grounded for...
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Chevrolet Corvette C8 Stingray – No Manual Transmission

Chevrolet Corvette C8 Stingray – No Manual Transmission

Chevrolet has launched the mid-engine 2020 Corvette C8 Stingray. There were a lot of leaks prior to the launch, but that did not deter the aura of the whole event. The C8 Stingray debuted in California at a standalone event,...
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USS Boxer probably shot down their own UAS by mistake

USS Boxer probably shot down their own UAS by mistake

US May Have Downed Its Own UAS By Mistake Iran: “We’ve Not Lost Any Drones” Iran has issued a surprise astounding contradiction of the US account related to Thursday’s drone downing. President Trump had announced that the amphibious ass...
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Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss

Alexandria Ocasio-Cortez’s exchange with Facebook’s crypto boss about who actually controls the Libra currency. Rep. Alexandria Ocasio-Cortez and the Facebook exec David Marcus had an enlightening exchange on Wednesday during a hearing with lawmake...
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Now Even Junk Bonds Have Negative Yields

Now Even Junk Bonds Have Negative Yields

75 years ago this month, a group of 744 delegates from around the world gathered at the very posh Mount Washington Hotel in New Hampshire to build a brand new global financial system. The year was 1944. World War II...
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Boeing and Ryanair quietly rebranded 737 MAX

Boeing and Ryanair quietly rebranded 737 MAX

The Boeing 737 MAX has been grounded for months, with no end in sight to the grounding, given that they keep finding problems with the plane. Even once the plane is fixed and certified by the FAA, there will be...
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Discrepancy in growth between incomes, rents, and house prices

Discrepancy in growth between incomes, rents, and house prices

How out-of-whack is the discrepancy in growth between incomes, rents, and house prices? The “San Francisco Housing Crisis,” as it’s called on a daily basis, is an extreme. But housing costs in major urban areas in the US have been...
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DHL: Significant Downturn in World Trade

DHL: Significant Downturn in World Trade

A new quarterly report from logistics company DHL, measured global air and sea cargo trade volumes between March and June, found trade data continues to deteriorate in the US and China as there is still no resolution to end the trade war, reported...
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Norwegian Air CEO steps down

Norwegian Air CEO steps down

Norwegian Air’s Bjoern Kjos stepped down on Thursday as chief executive of the budget airline he co-founded. Kjos, 72, a former fighter pilot, helped to build a tiny Norwegian airline housed in pre-fabricated barracks on the edge of Oslo airport...
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Italian court jails 24 over South American Operation Condor

Italian court jails 24 over South American Operation Condor

An Italian court has handed life sentences to 24 ex-officials from South America over their role in Operation Condor. It’s estimated that thousands of people were murdered under the secret US-backed campaign. Judges in Rome’s Court of Appeal on Mon...
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University of Chicago created part-matter, part-light new ‘hybrid particles’

University of Chicago created part-matter, part-light new ‘hybrid particles’

Part-matter, part-light: Newly discovered ‘hybrid particles’ open doors to exciting new tech. Scientists have managed to create ‘hybrid’ particles from photons and atoms, crafting light that behaves like matter. The breakthrough could lead to revolutio...
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Scientists: Bladder cancer destroyed by the common cold virus

Scientists: Bladder cancer destroyed by the common cold virus

A strain of the common cold has successfully targeted and destroyed bladder cancer cells, an exciting study has revealed. The surprising results suggest the simple cold could revolutionize future cancer treatment. Scientists from the University of Surrey and R...
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