Rockwell Automation partners with Accenture to create digital technology offering

Rockwell Automation Inc. has teamed up with Dublin, Ireland-based Accenture plc to develop a digital technology offering that will help clients with supply chain optimization. Rockwell (NYSE: ROK), a provider of industrial automation technology based in Milwaukee, grew its information solutions and digital services business by double digits in fiscal 2019, the company's CEO and chairman Blake Moret said in its fourth-quarter earnings conference call on Nov. 12.

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  Accenture's Sutter Mills Buyout Boosts Interactive Suite

  Zacks
• Rockwell Automation Stock Gets an Upgrade, but Still Falls. Here’s Why.

  Barrons.com

U.S. and China Are Really Testing the Water, Says Port Shelter’s CEO

Richard Harris, chief executive officer at Port Shelter Investment Management, discusses the U.S.-China trade talks and his outlook for the negotiations and the markets. He speaks on “Bloomberg Markets: Asia.

Is Ben & Jerry's misleading consumers? Lawsuit says 'happy cow' representation not quite true

According to the federal complaint, filed Oct. 29, Vermont resident Ehlers alleges that Unilever violated its customers' trust by saying Ben & Jerry's products were made with milk and cream sourced from "happy cows" on Vermont dairy farms that participate in its humane "Caring Dairy" program. Only a minority of the cream and milk used in the ice cream comes from these types of farms, the complaint alleges. Ben & Jerry's: Ice cream flavor 'Justice ReMix'd' backs criminal justice reform "The remaining milk and cream originates from factory-style, mass-production dairy operations, exactly what consumers who choose Ben & Jerry's products would like to avoid," the complaint states.

Luckin Coffee will be larger than Starbucks in China before 2020: CFO

The fast-growing China-based coffee company, founded in October 2017, will have more than 4,500 stores in the country by the end of 2019, Luckin Coffee CFO Reinout Schakel said on Yahoo Finance's The First Trade. Luckin Coffee (LK) ended the third quarter with 3,680 stores, up an astounding 209.5% from a year ago. The company has managed to grow aggressively in China by using technology to plot where to erect stores.

• Luckin Coffee's Impressive Growth And Retail Model Could Dethrone Starbucks In China

  Benzinga
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  Luckin Coffee, IBD Stock Of The Day, Breaks Out On Earnings Buzz, Plans To Overtake Starbucks In China

  Investor's Business Daily

Disadvantages of Roth IRAs Every Investor Should Know

A Roth IRA is a tax-exempt retirement savings account that holds investments that you choose using after-tax money. If you're thinking about opening an account, consider the disadvantages of Roth IRAs first. Roth and traditional IRAs are excellent ways to stash money away for retirement.

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  Can You Open a Roth IRA For Someone Else?

  Investopedia
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  Do Earnings from a Roth IRA Count Towards Income?

  Investopedia

This former top Obama official says one silver bullet would raise $500 billion in personal-income tax

It wouldn't take much to rake in a lot of tax money, according to research published Monday by former Treasury Secretary Lawrence Summers, a high-profile economist who served in two Democratic presidential administrations. The federal government could have $535 billion more in its coffers in the coming decade if the Internal Revenue Serviceaudited returns as often as it did back in 2011 — when audit rates were higher than they are now — and focused those audits on millionaires and billionaires, Summers said. “Under-reporting is more than five times as high for individuals who earn $10 million or more annual than it is for those who make under $200,000 a year,” Summers wrote.

Democrats will avoid the real causes of the student loan crisis at Wednesday’s debate

The real cause of the student loan debt crisis is clear: Liquidity provided by the federal government enables colleges and universities to raise their prices. Ten Democratic presidential competitors are preparing to out-promise one another. As you enjoy some popcorn, keep three things in mind during the Student Loans Round.

9 Stocks Will Drive Dow To 29,000 (And Apple Isn't One Of Them): Analysts

These stocks are seen collectively adding 1,000 points to the Dow over the next 12 months. This is according to an Investor's Business Daily analysis of analysts' price targets tallied by S&P Global Market Intelligence. Turns out, all nine of these Dow stocks are also in the S&P 500.

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  Wall Street Indexes Dip From Record Highs Amid Trade Deal Doubts

  FX Empire
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  4 Ways to Play Dow Jones With ETFs

  Zacks

3 “Strong Buy” Dividend Stocks Yielding 5% — Or More

Buy a stock with a great dividend yield -- significantly higher than what the average S&P stock pays -- and you've gone a long way towards ensuring that your total profits in a given year are at least average, and maybe significantly above average. With this goal in mind, we've employed the Stock Screener at TipRanks to dig up for us a few likely candidates -- stocks paying generous dividend yields of 5% or better, and stocks scoring a "strong buy" rating from Wall Street analysts to boot. First up is oil and natural gas pipeline operator Enterprise Products Partners, and of the three this one offers income investors the biggest dividend yield: 6.8%.

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  Consider This Before Buying Birchcliff Energy Ltd. (TSE:BIR) For The 4.8% Dividend

  Simply Wall St.
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  Three Things You Should Check Before Buying Andrews Sykes Group plc (LON:ASY) For Its Dividend

  Simply Wall St.

Gotham's Greenblatt Says Market Has Factored In Solution to Trade War

Joel Greenblatt, Gotham Asset Management co-chief investment officer and managing principal, discusses the impact of U.S.-China trade relations on the stock market with Bloomberg's Vonnie Quinn and Guy Johnson on "Bloomberg Markets."

India's state-run banks report fraud of more than $13 billion in 6 months

India's state-run banks reported fraud worth 958 billion rupees ($13.3 billion) from April to end-September of this year, the country's finance minister said on Tuesday, as the government struggles to help banks recoup losses. State banks reported 5,743 cases of fraud in the period, most of which had taken place over the last several years, although 1,000 cases worth 25 billion rupees had just taken place, Nirmala Sitharaman told the upper house of parliament. Measures included the freezing of 338,000 bank accounts of inoperative companies in the last two financial years and the enactment of a law with a provision to confiscate the property of those found to have committed fraud and who have fled the country.

When ‘idjits’ mock Warren Buffett, the stock market could be in trouble

With the bull market going strong and Berkshire (BRK)shares underperforming, analysts and investors alike questioned Buffett's lack of putting that money to work. In fact, earlier this year, one longtime shareholder decided to dump his entire Berkshire position because, as he put it, “thumb-sucking hasn't cut the Heinz (KHC)mustard during the Great Bull Market. CNBC summed up the head-scratching with this tweet on Sunday: But Gary Evans of the Global Macro Monitor blog says the fact that Buffett is getting criticized for his cautious footing should raise yellow flags.

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  Warren Buffett Likes These Stocks Even Better Than Apple

  Investor's Business Daily
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  Warren Buffett increases Apple stake despite selling some stock

  MarketWatch

Toyota worker’s suicide ruled work-related after harassment

An engineer at Toyota killed himself after being constantly ridiculed by his boss, authorities have ruled. Toyota Motor Corp. acknowledged the case after reports of the ruling emerged Tuesday. A regional labor bureau ruled in September that the 2017 suicide entitled the victim's family to compensation under a law regarding job-related deaths.

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  Toyota says labor officials found it responsible for worker suicide

  Reuters
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  Toyota engineer's suicide ruled work-related due to bullying

  Autoblog

This home mortgage disaster is ready to punish housing markets

According to Freddie Mac's quarterly refinance report, borrowers pulled out just under $1 trillion from their homes between 2004 and 2007. This total includes only prime first-lien conventional mortgages, and excludes subprime, other non-prime, and second mortgages. The peak of the cash-out refi madness came in 2005 and 2006, as the desire to turn equity into real cash spread to millions of U.S. homeowners.

Cisco Sues Ex-Employees Over Alleged Trade Secrets Theft

Shortly after resigning their jobs at Cisco this year, the three men joined an unidentified company that competes “in the IP telephony, headset, video, and collaboration space,” according to the complaint. Cisco claims that Wilson Chung, who was one of its principal engineers, downloaded more than 3,000 internal documents containing trade secrets, including information about the company's contributions to 5G technology and its design specification for a video-conferencing prototype, before he left in February. Chung is accused of recruiting another Cisco engineer, James He, to join the competitor.

The Fed is buying billions of mortgage bonds — here’s why it matters

The Federal Reserve has dramatically picked up the pace of its mortgage bond purchases in recent months as it seeks to keep the housing finance market on an even keel as borrowers race to refinance. Here are five things to know about the near $30 billion of mortgage bonds that the Fed has set out to buy since late May. This chart from the St. Louis Fed shows the declining value of the central bank's long-term mortgage bondholdings to $1.36 trillion as of Nov. 13, from a peak of more about $1.8 trillion in aftermath of the global financial crisis.

If you have these personality traits, you could be at higher risk of going broke in retirement

Do you have the personality to retire rich — and stay that way? Your personality and other personal traits may have more of an impact on how fast you spend your retirement savings than factors such as your age, marital status, desire to leave an inheritance, and whether you continue to work during retirement, according to a study published Monday in the journal Psychology and Aging. Two traits — conscientiousness (for example, you are organized, thorough, hardworking and cautious) and financial self-efficacy (which is a sense of resilience and control over financial situations) — had the strongest direct relationship with the rate in which people withdrew from their retirement savings accounts.

FedEx to increase 401(k) employee match in 2021

In a competitive labor market, FedEx plans to increase its 401(k) match for employees as a way to attract and retain talent. Patrick Fitzgerald, senior vice president of integrated marketing and communications for FedEx, detailed the plans to the Memphis Business Journal during a phone interview Monday, Nov. 18. Effective Jan. 1, 2021, FedEx Corp. will implement a new 401(k) plan for its U.S.-based employees that will have an up to 8% employer match across all of its operating companies.

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  It's Crucial to Enroll in Your Company's 401(k). Here's Why — and How to Do It

  Money
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  Is a 401(k) or 403(b) Better for a Teacher? What is the Difference?

  Investopedia