Tuesday, May 10, 2016

Budweiser beer seeks approval to be called 'America' this summer

   Forget asking for a Budweiser in 2016, soon you'll be grabbing an America. American currency has long held claim to being the only thing found in bars that boasts the phrase "E Pluribus Unum." This summer, Budweiser wants to change that by rebranding itself as "America" and peppering its packaging with that very phrase, alongside some others like "Liberty and Justice for All" and "Indivisible Since 1776." That's right. The company...

Sunday, May 8, 2016

Good news for cruisers: Ships' on-board Internet service is improving and prices are falling

      On-board Internet is improving. (Getty Images) Ihad been looking forward to an upcoming cruise for weeks. But timing is everything, and mine wasn't good. I had a deadline looming as I boarded the ship. I knew I needed to get busy right away or I'd never make my deadline.   Then the on-board Internet crashed, and the prognosis wasn’t good. A shipboard tech in the computer room suggested I disembark and use land-based...

A Prius For The 2020s: Tesla's 'Hell Bent' Push To Make The Model 3 Affordable

   Tesla Model 3: 400,000 orders. (Credit: Tesla) Model 3 in, Prius out. That’s my prediction. The most-prominent symbol to date of the green car, the Prius, could be replaced by the Model 3 — if Tesla can make lots of them. Elon Musk wasted no time this past week, during the company’s earnings conference call, in addressing just that: manufacturing and the laser-like focus  – “hell bent” as he put it — the company needs to make...

Saturday, May 7, 2016

OIL JUMPS AS CANADA FIRE, LIBYA VIOLENCE UNLEASH SUPPLY FEARS

NEW YORK: Oil prices jumped about 2 percent on Thursday, resuming their rally from last week, as a raging wildfire cut production from Canada's oil sands region and escalating Libyan violence raised more worries about immediate oil supplies than a longer-term glut. While the oil sands facilities are not in the fire's path, the wildfire that raged unchecked in the city of Fort McMurray in Alberta knocked out as much as a third of the nation's...

Tuesday, May 3, 2016

Mexico City businesses say smog alert cost US$300m

MEXICO CITY: Traffic bans imposed by Mexico City authorities to reverse an upsurge of smog have cost residents and small businesses more than US$300 million (RM1.19 billion) since April, a trade association said Tuesday. For the second time in a month, the government banned 40% of cars in the capital on Tuesday after ozone levels exceeded acceptable limits. The Chamber of Small Services and Tourism Commerce of Mexico City urged the authorities...

Monday, May 2, 2016

Warren Buffett’s Epic Rant Against Wall Street

  Warren Buffett unloaded a 'sermon' about hedge funds and                investment consultants at the Berkshire Hathaway annual meeting    Berkshire Hathaway Chairman Warren Buffett PHOTO: BLOOMBERG NEWS The “Oracle of Omaha” went on an epic rant against Wall Street this weekend. Just before lunch at the Berkshire Hathaway annual meeting on Saturday, Warren Buffett unloaded what he called...

Wednesday, April 27, 2016

Study: Overqualified Millennials Languish in Low-Wage Jobs

New York City millennials' underemployment woes underscore problems plaguing the country's youngest workers.    Young workers earnings have languished in the aftermath of the Great Recession, according to a new            study. Elaine Thompson/AP Young workers in America's largest city make about 20 percent less than the generation before them and may fall forever short of the heights achieved by their...