The U.S. trade deficit surged to its highest level in nearly 6-1/2 years in March as imports rebounded strongly after being held down by a labor dispute at key West Coast ports, suggesting growth contracted in the first quarter.
In recent years, Israel and Russia have engaged in a complex dance, with Israel selling drones to Russia while remaining conspicuously neutral toward Ukraine and hoping to stave off Iranian military development. The dance may not be over.
The CEO of electric car maker Tesla Motors hopes to park hundreds of millions of large, solar panel-connected batteries in homes and businesses so the world can disconnect from power plants
In its usual grand fashion, Tesla (TSLA) is hosting a big media announcement tonight that is expected to focus on home and industrial storage batteries.
Chinese demand for a wide range of commodities has been surprisingly strong this year despite worsening economic data, raising questions over how long the demand recovery can last.
Steve has been away from the US too long on running a business. He needs to make a donation to the Jinping Foundation. He needs to make a donation like the companies do here in the US and get the government in his camp. Come on Steve and get with the program.
The Bernanke hedge.
The real problem was the sun spots that we had. Anyway no need to worry QE4 is coming.
Starwood Hotels & Resorts Worldwide says its board of directors will explore "a full range" of strategic and financial options for the hotel company.