(BLOOMBERG) – I am not a fan of bold pronunciations about spending, like: Never buy a boat! Stop drinking lattes! Don’t buy a new car! They seem designed more to attract attention than impart wisdom. I prefer rational guidelines that help consumers make better spending decisions. No, you do not need to be a millionaire or […]

FILE PHOTO: Cans of Coca-Cola sit on a shelf in a store in London, Britain March 16, 2016. REUTERS/Stefan Wermuth(Reuters) – Coca-Cola European Partners CCEPC.L is in advanced talks to acquire Australia’s Coca-Cola Amatil CCL.AX, Bloomberg News reported on Saturday. The details of the deal which has not yet been finalised could be announced within […]

Vogue’s September issue was different this year. Anna Wintour and her staff put it together when more than 15 million people were marching in Black Lives Matter protests nationwide and employees at Vogue’s parent company, Condé Nast, were publicly calling out what they viewed as racism in their own workplace. At 316 pages, the issue, […]

By RNZ Hyundai is recalling its Kona electric cars, including in New Zealand, because of a battery fault that poses a fire risk. The company says it identified a problem in some of the Kona EV batteries produced at its Korea factory between September 29, 2017, and March 20 this year. Automotive industry news website […]

NEW YORK (Reuters) – The S&P 500 and Nasdaq closed modestly higher on Friday in choppy trading, with investors keeping a close eye on negotiations on a U.S. stimulus package that would ease the economic shock caused by the coronavirus pandemic. The Dow ended lower on the day, moving within tight ranges. Uncertainty over the […]

NEW YORK (Reuters) – The U.S. Treasury market still runs the risk of abrupt freezes in liquidity like the one seen in March and April, as the COVID-19 pandemic roiled the financial system, a member of the Federal Reserve Bank of New York’s Market Committee said on Friday.FILE PHOTO: Federal Reserve Board building on Constitution […]

NEW YORK (Reuters) – The Dow traded lower on Friday, while the S&P 500 and Nasdaq were little changed in choppy trading, pressured by a stalemate in negotiations on a new U.S. coronavirus aid bill as investors turned cautious ahead of the Nov. 3 presidential election.FILE PHOTO: A Wall Street sign is pictured outside the […]

After the candidate called for a “transition” away from oil and gas, executives said the country would need fossil fuels for decades to come. By Clifford Krauss HOUSTON — Joseph R. Biden Jr.’s promise that he would “transition” the country away from oil and natural gas might hurt him politically in Texas and Pennsylvania, but […]

In early 2000, Michael and Lynn Terry started a business selling horse trailers that were lighter than their competitors’ and customized to each client’s needs. Nearly two decades later, their company, Cimarron Trailers, with tens of millions of dollars in sales, employed over 130 people in Chickasha, Okla., and their trailers were sold at 30 […]

(Reuters) – Wall Street’s main indexes swung between slight gains and losses on Thursday, as investors held out for more fiscal stimulus against the backdrop of economic data pointing to a slowing labor market recovery.FILE PHOTO: The front facade of the New York Stock Exchange (NYSE) is seen in New York City, New York, U.S., […]