The Ferrari LaFerrari is a $1.4 million, 959-horsepower piece of engineering genius. It’s a worthy successor to the Enzo, and one of the most talked about cars of the past few years. But when it’s gone, something will need to step in its place. The Ferrari F80 Raeli concept could be that successor.…Bold Ride
With earnings having just been released for some of the top biotech companies, we saw a flurry of analyst calls by the week's end.24/7 Wall St.
India will monitor thousands of mines with the help of satellites starting this year, a government official said, after a three-month pilot project found rampant illegal extraction of limestone in a big state. Mines Secretary Balvinder Kumar declined to name the state ahead of the completion of…Reuters
The Akron, Ohio-based company said it had a loss of 11 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 21 cents per share. The maker of plastic ...Associated Press
Apple, Twitter and other companies punished shareholders last week, and analysts expect more earnings disappointments going forward.24/7 Wall St.
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CNBC's Hadley Gamble reports on protests outside the offices of the Saudi Binladin Group, which has laid off 50,000 foreign construction workers.CNBC Videos
By Jack Kim and Jonathan Saul SEOUL/LONDON (Reuters) - South Korea has revived a project to build a backup ship navigation system that would be difficult to hack after a recent wave of GPS signal jamming attacks it blamed on North Korea disrupted fishing vessel operations, officials say. Global…Reuters
Shares of U.S. retailer J.C. Penney could double in price over the next three years, Barron's reported over the weekend. At $9.28, the stock price is down from the $43 hit in February 2012. "The turnaround potential is promising," said Chris Terry, portfolio manager at Hodges Capital in Dallas.Reuters
New York Federal Reserve President William Dudley said on Sunday there is more work to be done on safely winding down financial institutions that are systemicaly important. He said that regulators had ...Reuters
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An executive from British consumer goods giant Reckitt Benckiser was slapped during an emotional news conference as he apologized on Monday over deadly lung injuries linked to the use of humidifier sterilizers marketed by the firm. Ata Safdar, head of Reckitt Benckiser Korea and Japan, bowed…Reuters
Berkshire Hathaway's Warren Buffett discusses the 2016 election, and why this election is the greatest protest vote of all time.CNBC Videos
Greek yogurt is known for being rich in flavor and protein. Now some employees at Chobani could become rich themselves.Los Angeles Times
Mitsubishi Motors' (7211.T) mini-vehicle sales slumped in April after the Japanese automaker admitted to overstating the mileage of its pint-sized cars sold at home, while Nissan Motor's sales also tumbled as some of its cars are made by Mitsubishi. Mitsubishi sales of mini vehicles, or "kei"…Reuters
On a per-share basis, the Plymouth, Minnesota-based company said it had net income of 49 cents. Earnings, adjusted for investment gains, came to 38 cents per share. The insurer posted revenue of $293.9 ...Associated Press
Japan's Takata Corp is booking an additional special loss of 16.6 billion yen ($156.07 million) for the year that ended in March due to mounting recall costs for its potentially lethal air bags. The company also said it expects to book a loss of around 3.5 billion yen for the same year to settle…Reuters
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The Memphis, Tennessee-based real estate investment trust said it had funds from operations of $33.9 million, or 54 cents per share, in the period. The average estimate of four analysts surveyed by Zacks ...Associated Press