Money

Amazon and Whole Foods earnings; Fed decision; Trump economy reading

Trump Jr. defends Russia meeting in interview 1. Earnings deluge continues. Get ready for an earnings-paloooza. Big names from tech, food, retail and energy will redeliver their quarterly financial reports next week. Investors will be keen to see how Whole Foods and Amazon fair following their big merger announcement — especially how Amazon will impact Blue Apron and other retail stocks. Chipotle will release its earnings on Tuesday following a new round of bad press: Mice in Dallas and more sick customers in Virginia. Also up: Alphabet, Facebook, Verizon, GM ...

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European officials probe claims of huge German car cartel

When will hybrids and electric cars really take over? Storm clouds are gathering again over Germany’s biggest industry. Antitrust officials confirmed Saturday that they are investigating claims that the country’s major carmakers may have been operating a cartel since the 1990s, colluding on everything from vehicle development and engines, to suppliers and diesel emissions systems. “The European Commission and the Bundeskartellamt [German cartel office] have received information on this matter, which is currently being assessed by the commission,” the European Commission said in a statement. “It is premature at this ...

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'Wonder Woman' sequel is a go

Movie Pass: Gal Gadot is ‘Wonder Woman’ Wonder Woman will be back for another solo adventure. Warner Bros. Pictures and DC Comics announced a sequel to the Gal Gadot-led superhero film during a panel at San Diego Comic-Con. The studio also said its intends to do a standalone film starring Batgirl and a sequel to “Suicide Squad.” Gadot made an appearance at the news-packed panel, along with other members of the “Justice League” cast. Ben Affleck (Batman), Ezra Miller (The Flash), Ray Fisher (Cyborg) and Jason Mamoa (Aquaman) were also ...

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In search of donations: NASA's famed Apollo Mission Control Center

A nonprofit says it needs $ 5 million to polish up this National Historic Landmark. Houston, we have a problem. The historic Apollo Mission Control Center at the Johnson Space Center in Houston — where NASA helped put a man on the moon 50 years ago — is in desperate need of repair after years of wear-and-tear, a nonprofit group said. The group, Space Center Houston, operates a large space education center nearby and conducts tours of the Johnson Space Center — a sprawling and active NASA campus — and ...

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Kushner and Ivanka Trump detail big tech stake, art and up to $762 million in assets

Jared Kushner revises financial disclosures Jared Kushner and Ivanka Trump filed disclosure documents on Friday that reveal new information about their extensive business holdings and investments that could be worth more than $ 762 million. Kushner’s document updates one released four months ago and includes some previously undisclosed holdings that comprise some of the couple’s most valuable investments. His interest in Cadre, a tech company that helps investors crowdfund real estate projects, is worth as much as$ 25 million. Kushner’s prior disclosure form listed Cadre’s parent company and its value, ...

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Pro-Trump media celebrates Spicer's departure, Scaramucci's appointment

Scaramucci once called Trump a ‘hack politician’ President Donald Trump’s most fervent online supporters don’t seem to care about some of the liberal views held by new White House Communications Director Anthony Scaramucci. They want a fighter loyal to the president and his cause, and they believe they got that with Scaramucci’s appointment and Sean Spicer’s resignation. Scaramucci has previously tweeted in favor of gun control and said he thinks it’s “disheartening” some people view climate change as a hoax — views which would normally earn one scorn from the ...

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JetBlue considers new JFK terminal

This flying hotel can be yours for $ 74,000 an hour JetBlue Airways might build a new terminal at New York City’s much malignedJohn F. Kennedy airport. The New-York based airline said a new terminal could boost capacity, improve flyers’ experience and let it partner with additional airlines. The process is still in the very early stages, with JetBlue asking for proposals for a new structure at the site of Terminal 6, which was JetBlue’s original home at the airport. That building was torn down after JetBlue moved its operations ...

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This credit card offers great rewards … if you spend $7,500

5 stunning stats about credit cards What would you buy with $ 7,500? A first class ticket and a week long stay in Fiji? A new pair of shoes … or several? A bunch of high-end massages? That’s how much you’ll need to spend in the first three months to earn the sign-up rewards on the revamped Citi Prestige card announced this week. Charging $ 7,500 in three months will get you 75,000 sign-up points and a doubling in redemption value of points to cash. And according to the offering, ...

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Sean Hannity will no longer receive Buckley Award after controversy

Bernstein: ‘We are in a cold civil war’ Fox News Channel star anchor Sean Hannity will no longer receive the conservative Media Research Center’s William F. Buckley Award for Media Excellence at its September 21 gala, sources familiar with the situation tell CNN. Buckley, the founder of the National Review, who died in 2008, was hailed in his day as “arguably the most important public intellectual in the United States.” Giving an award in his name to Hannity — a pugnacious talk radio host who has shared conspiracy theories on ...

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China wants to build a $150 billion AI industry

Using artificial intelligence to solve the world’s problems In China, cutting-edge innovation often comes with orderly, numbers-heavy government mandates. Artificial intelligence is no exception. Beijing laid out a timeline on Friday for when it expects the country to become a global leader in the frontier technology. By 2020, China’s AI technologies and research facilities will match other leading countries, said Li Meng, the vice minister of science and technology. Five years later, he expects “a big breakthrough,” and then China should finally become the global “innovation center for AI” by ...

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