Iran says it sealed Boeing plane deal at half price
DUBAI Iran said on Sunday it had negotiated to pay only about half the announced price for 80 new Boeing (BA.N) airliners in an order that the American planemaker had said was worth $16.6 billion.Boeing and its European rival Airbus (AIR.PA) have both signed huge contracts this month to supply airliners to Iran, the first such deals since international sanctions were lifted under a deal to curb Tehran's nuclear program.Replacing Iran's antiquated civil aviation fleet is one of the biggest econ..>> view originalEngineer in NYC crash that killed 4 to get lifetime pension
An engineer who fell asleep at the controls of a speeding train in New York City, causing a derailment that killed four people, will receive a lifetime disability pension from the commuter railroad that employed him, a published report saidThe Journal News reported Friday (http://lohud.us/2ieo0xy ) that William Rockefeller will receive $3,200 a month for life from Metro-North Railroad.Rockefeller was at the controls of a Metro-North train that derailed in the Bronx in December 2013, killing fou..>> view originalChristmas 2016 hours: What's open, closed and hours for Wal-Mart, Target, grocery stores
Sunday, Dec. 25 is Christmas Day 2016, but the federal holiday will be observed on Monday, Dec. 26. This year's calendar means a lot of changes from Christmas 2016 hours and what's open and closed on Christmas Day, as well as Monday, the 26th. Walmart will close at 6 p.m. on Christmas Eve, two hours earlier than normal. The store is closed on Christmas Day but will reopen Dec. 26. Check your local store for exact hours. Here are additional hours for other retailers. Shoppers should also veri..>> view originalAmazon takes to the skies, which means faster deliveries Prime members
This year has been all about the air for Amazon. Back in the spring, the online retail giant announced that it had leased a fleet of Boeing jets to help with its delivery fulfillment. Then it surreptitiously debuted an Amazon Prime airplane after a quiet nighttime flight. And not so long ago, the Seattle-based company made its first drone delivery in the U.K. So yes — Amazon is expanding its reach, and now, as per a new Reuters report, it’s flexing its newfound air muscles. At this point, Amazo..>> view originalSnapchat buying Israeli augmented reality start-up Cimagine: report
A portrait of the Snapchat logo in Ventura Thomson Reuters TEL AVIV (Reuters) - Messaging app Snapchat is buying Israeli augmented reality startup Cimagine Media for an estimated $30-$40 million, marking Snapchat's first acquisition in Israel, the Calcalist financial daily reported on Sunday. Cimagine developed True Marketless Augmented Reality – technology that allows users to virtually place furniture and appliances they wish to purchase in the space of their home, on ..>> view originalWhy Marathon Oil's Bull Run Will Continue In 2017
Marathon Oil (NYSE:MRO) is moving aggressively toward achieving profitability. The company's bottom line has been very weak over the last couple of years due to low oil prices, but all that is set to change. Marathon Oil has been focusing on improving its internal rates of returns. It has been doing so by enhancing production from wells with a low cost base, which should allow Marathon to benefit from higher crude oil pricing going forward. In my opinion, a combination of low costs and high oil ..>> view originalStocks Could Suffer As Trump Trade Policy Takes Shape
NEW YORK (Reuters) - The year-end stocks rally on the heels of the election of Donald Trump as U.S. president was built on expectations of reduced regulations, big tax cuts and a large fiscal stimulus. Now signs are emerging from the Trump camp that harsher trade policies that could jeopardize the honeymoon are likely in the offing, and investors would be well advised to give those prospects more weight when gauging how much further an already pricey market has to run. By naming China hawk Pet..>> view originalThe holiday shopping season is losing some of its power
NEW YORK (AP) — The holiday shopping season is losing some of its power in the year's sales. November and December now account for less than 21 percent of annual retail sales at physical stores, down from a peak of over 25 percent, and experts believe it'll keep dropping. Those extra percentage points would have translated into an extra $70 billion more in buying for last year, says Michael Niemira, principal at The Retail Economist. The season had steadily gained in import..>> view original
Thursday, January 5, 2017
Iran says it sealed Boeing plane deal at half price and other top stories.
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