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RUF CTR3

RUF CTR3

Based on a Porsche Cayman chassis and body, the CTR3 is enhanced by RUF with a twin-turbo 3.8-liter flat six, which pumps out 700 hp. Carbon fiber and aluminum components help bring down the weight to about 3040 lbs, and the lightweight, mid-engine supercar is capable of reaching a top speed of 233 mph.

  • The Trump tax cuts will benefit investors, not workers, this CEO says
    Business
    Yahoo Finance

    The Trump tax cuts will benefit investors, not workers, this CEO says

    Dozens of companies have given employees one-time bonuses on account of the tax cuts President Trump signed into law last year. In fact, ADP’s CEO recently told employees that investors, not workers, will see most of the benefits of tax cuts. At an internal town hall meeting on March 15, ADP CEO Carlos Rodriguez fielded an employee question on what the company planned to do with the savings from corporate tax cuts.

  • Kushner Cos. subpoenaed by feds after AP report
    Business
    Associated Press

    Kushner Cos. subpoenaed by feds after AP report

    The Kushner Cos. has been subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. The statement Thursday acknowledged that the federal subpoena arrived last month, a day after the AP reported the Kushner Cos. routinely filed false paperwork with the city stating it had zero rent-regulated tenants in buildings across the city when, in fact, it had hundreds. The AP report covered a three-year period when the real estate company was run by Jared Kushner, President Donald Trump's son-in-law who is now a senior adviser.

  • A 36-year-old who learned to invest like Warren Buffett explains Buffett's No. 1 rule
    Business
    CNBC

    A 36-year-old who learned to invest like Warren Buffett explains Buffett's No. 1 rule

    When Danielle Town found herself burnt out and even starting to get sick from her work as a corporate attorney, she knew she didn't want to keep working at the same breakneck pace for much longer. So she started brainstorming ways to retire faster. "I

  • Colorado Was the First State to Legalize Marijuana. Now Its Governor Won't Rule Out Recriminalizing It
    Politics
    Fortune

    Colorado Was the First State to Legalize Marijuana. Now Its Governor Won't Rule Out Recriminalizing It

    As cannabis enthusiasts celebrate 4/20, the unofficial stoner holiday, the state that has led the nation in legalization says it may not always be so open to the drug. Colorado Governor John Hickenlooper tells CNN he is not ruling out making marijuana illegal again, as the state’s crime rate has been rising since recreational use of the drug was made legal in 2014. As of yet, there’s no research that ties the increased crime rate to the Colorado’s recreational pot law.

  • Smallville Actress Arrested for Role in Alleged Sex Cult that Branded and Enslaved Women
    News
    Time

    Smallville Actress Arrested for Role in Alleged Sex Cult that Branded and Enslaved Women

    Allison Mack was accused in an indictment unsealed Friday in federal court in Brooklyn. Mack, 35, starred in The CW network’s “Smallville,” ending in 2015, but has played only minor roles since then. Prosecutors said she helped recruit women for leader Keith Raniere and his cult-like organization called NXIVM.

  • President Trump to Skip Barbara Bush's Funeral for Mar a Lago, 'Out of Respect for the Bush Family' Says White House
    Politics
    Time

    President Trump to Skip Barbara Bush's Funeral for Mar a Lago, 'Out of Respect for the Bush Family' Says White House

    President Donald Trump won’t be joining his wife in attending the memorial service of former first lady Barbara Bush, matriarch of a political dynasty that Trump often clashed with during his 2016 campaign. The White House said Thursday that Trump would not attend “to avoid disruptions due to added security, and out of respect for the Bush Family and friends attending the service.” Trump is expected to be at his Florida estate this weekend during Saturday’s funeral in Houston for the wife and mother of presidents. Flags have flown at half-staff over the White House and at Trump’s Mar-a-Lago estate in Florida since Bush’s death at the age of 92, and Trump added his voice to the tributes that have poured in for the wife of President George H.W. Bush and mother of President George W. Bush.

  • Boeing delivers its first converted 737-800 cargo jet to West Atlantic Group (Photos)
    Business
    Puget Sound Business Journal

    Boeing delivers its first converted 737-800 cargo jet to West Atlantic Group (Photos)

    Boeing has converted its first 737-800 Next Generation passenger jet into a cargo aircraft and delivered it to Swedish air freight company West Atlantic Group. The conversion was done by Boeing Shanghai for the owner of the aircraft, GE Capital Aviation Services (GECAS), which is the airplane leasing and financing arm of the General Electric conglomerate. The converted freighter was flight tested and painted in Victorville, California. It will be used by West Atlantic to carry express cargo on domestic and short haul routes, Boeing said in a news release. The jet provides improved reliability, lower aircraft operating costs "and a better environmental footprint,” West Atlantic CEO Fredrik Groth

  • Mueller team skeptical of Giuliani claims probe will end in weeks: Gasparino
    Business
    Fox Business Videos

    Mueller team skeptical of Giuliani claims probe will end in weeks: Gasparino

    FBN's Charlie Gasparino on reports Deputy Attorney General Rod Rosenstein told President Trump he was not a target of the Mueller investigation and Rudy Giuliani's claims the probe will end in a matter of weeks.

  • 'I Wrapped My Arm Around Her.' Southwest Passenger Describes Helping Victim After Engine Explosion
    News
    Time

    'I Wrapped My Arm Around Her.' Southwest Passenger Describes Helping Victim After Engine Explosion

    Just as Hollie Mackey was about to get up from her seat to go to the bathroom during Tuesday morning’s Southwest Airlines flight from New York to Dallas, flight attendants asked passengers to stay seated due to continual turbulence. Mackey put her seatbelt back on, shared a glance of disappointment about the bumpy ride ahead with the woman seated at the window to her left and settled back in. Mackey, 42, was seated in the aisle seat on the same row as Jennifer Riordan, a mother of two and bank executive from Albuquerque, New Mexico, who was killed when Flight 1380’s left side engine exploded just 20 minutes into their trip.

  • AT&T Accused of Stealing Streaming-News Technology System
    Finance
    Bloomberg

    AT&T Accused of Stealing Streaming-News Technology System

    AT&T Corp. was sued by a tech firm that accuses the largest U.S. provider of pay TV of stealing the startup’s technology for providing online streaming news and interfering with its launch. Dallas-based AT&T reneged on an agreement to invest $100 million in My24hournews.com, which invented a system to deliver streaming news to computers, smartphones and tablets, after making off with its technology, the tech firm said in a lawsuit. AT&T violated agreements with My24hournews.com by “refusing to fund My24’s launch’’ and “holding My24’s Broadcast Platform hostage,’’ according to the complaint filed in federal court in Atlanta this week.

  • Advanced Micro (AMD) Q1 Earnings: Is a Beat in the Cards?
    Finance
    Zacks

    Advanced Micro (AMD) Q1 Earnings: Is a Beat in the Cards?

    Advanced Micro Devices, Inc. AMD is scheduled to report first-quarter 2018 earnings on Apr 25.Notably, the stock has delivered an average four-quarter positive earnings surprise of 35%. In the last reported quarter, the company came up with a positive

  • Transocean (RIG) Wins Multiple Contracts as Oil Prices Rise
    Finance
    Zacks

    Transocean (RIG) Wins Multiple Contracts as Oil Prices Rise

    The first contract secured by Transocean is for its semi-submersible rig, GSF Development Driller I in Australia. The contract is an extension of the rig’s current work, which is scheduled to terminate in September 2018. Quadrant Energy intends to extend the contract, which will now deploy the rig for two more months — November and December.

  • Arista Networks runs fast — but keeps its employees’ lives balanced
    News
    San Francisco Business Times

    Arista Networks runs fast — but keeps its employees’ lives balanced

    Arista Networks Size category: Large (250-999 employees) Rank: 9 CEO: Jayshree Ullal HQ: Santa Clara Bay Area employees: 840 What it does: Software-driven cloud networking solutions for large data center storage and computing Score: 89.38 Silicon Valley, renowned as a center for innovation and fresh ideas, is also notorious for creating and promoting environments where employees feel pressured to work long hours to help those ideas come to fruition. At Santa Clara-based Arista Networks, however, employees can look forward to a reasonable approach to work-life balance. “Employees have the right to balance work and other things they need to do with their life,” said Isabelle Bertin-Bailly, vice

  • Oil recovers after sliding on Trump tweet criticising OPEC
    Business
    Reuters

    Oil recovers after sliding on Trump tweet criticising OPEC

    Oil prices edged up on Friday, stabilizing after an earlier slide driven by U.S. President Donald Trump's criticism of OPEC's role in pushing up global oil prices. Brent crude oil futures (LCOc1) gained 28 cents, or 0.4 percent, to settle at $74.06 per barrel. "Looks like OPEC is at it again," Trump tweeted.

  • Boeing, Brazil's Embraer close to tie-up: report
    Business
    Reuters

    Boeing, Brazil's Embraer close to tie-up: report

    Talks aimed at a tie-up between planemakers Boeing Co and Embraer SA that also involve Brazil's government are at an advanced stage, O Estado de S. Paulo newspaper reported on Friday, citing unnamed sources. The Boeing and Embraer partnership would create a new company in which the U.S. planemaker would have an 80.01 percent stake and the Brazilian firm 19.99 percent, the paper said, adding this was a model supported by the Brazilian government. Boeing, Embraer and Brazil's Defense Ministry did not have an immediate comment on the report.

  • What It's Like to Study at the Strictest School in Britain
    News
    Time

    What It's Like to Study at the Strictest School in Britain

    In silence, the children sitting either side of me pass their plates to the end. On surrounding tables, other adult visitors scramble to finish their meals in the face of outstretched hands trying to take their plates, as teachers time the students’ progress. This is just one element of life at Michaela Community School.

  • Cryptocurrency Market Surges to $365 Billion, Start of a Bull Rally?
    Business
    CCN

    Cryptocurrency Market Surges to $365 Billion, Start of a Bull Rally?

    Earlier today, on April 20, strong performances of major cryptocurrencies like bitcoin and Ethereum have led the valuation of the cryptocurrency market to surge to $365 billion. With the deepest liquidity and largest volume in the global market, bitcoin was able to sustain some stability while many cryptocurrencies recorded a free fall. Over the past seven days, alternative cryptocurrencies (altcoins) and other major cryptocurrencies have consistently reported gains against the most dominant cryptocurrency in the market.

  • Chinese phone-maker ZTE fires back at US
    0763-OL.HK
    CNBC Videos

    Chinese phone-maker ZTE fires back at US

    CNBC's Eunice Yoon reports that Chinese phone-maker ZTE is firing back at the U.S. after regulators there punished the tech company.

  • Southwest Airlines pilot pushed Navy boundaries for flying
    Finance
    Associated Press

    Southwest Airlines pilot pushed Navy boundaries for flying

    Tammie Jo Shults was determined to "break into the club" of male military aviators. One of the first female fighter pilots in the U.S. Navy, Shults flew training missions as an enemy pilot during Operation Desert Storm, while working with other women to see a rule excluding them from combat flights repealed. Twenty-five years later, Shults was at the controls of the Dallas-bound Southwest Airlines Flight 1380 Tuesday when it made an emergency landing in Philadelphia after one of the engines on the Boeing 737 exploded while the plane was traveling 500 mph (800 kph) at 30,000 feet (9144 m) with 149 people on board.

  • Chuck Schumer to Unveil Bill Decriminalizing Marijuana at the Federal Level
    Politics
    Time

    Chuck Schumer to Unveil Bill Decriminalizing Marijuana at the Federal Level

    Senate Minority Leader Chuck Schumer is planning to introduce a bill on Friday that would decriminalize marijuana at the federal level, he said in a new interview with VICE News. Matt House, Schumer’s communications director, said in a tweet that the Senator will unveil the bill on Friday — 4/20, a day that has become a celebration of marijuana.

  • Harley Wins Biggest-Ever TradeMark Infringement Case
    News
    RideApart

    Harley Wins Biggest-Ever TradeMark Infringement Case

    Harley-Davidson has a well-deserved reputation for, shall we say, aggressively protecting its various trademarks. Case in point is the latest trademark situation with SunFrog.com. Back in 2017, word got back to Milwaukee that Michigan-based SunFrog.com—an online print-on-demand outfit that churns out custom made-to-order shirts, mugs, hoodies, mousepads, etc.—was selling wares featuring assorted images that infringed on Harley’s trademarks.

  • 7 REITs With Big Dividend Raises Coming
    Business
    InvestorPlace

    7 REITs With Big Dividend Raises Coming

    “First-level” investors – those who buy and sell on headlines – mistakenly believe that real estate investment trust (REIT) profits will suffer if rates continue to rise. Overall, rising rates are actually good for the best REITs because it signals a rolling economy. Take the Vanguard REIT ETF (NYSEARCA:VNQ), which is now paying its highest current yield since 2009.

  • Lockheed Martin Is One Step Closer to Building Hypersonic Missiles That Are Faster Than Today's Anti-Aircraft Systems
    Finance
    Fortune

    Lockheed Martin Is One Step Closer to Building Hypersonic Missiles That Are Faster Than Today's Anti-Aircraft Systems

    The Pentagon has given Lockheed Martin lmt a $928 million contract to develop and build hypersonic missiles, which will be able to travel at more than five times the speed of sound. Hypersonic missiles are a priority for the U.S. military because they are so difficult to defend against—they’re just too fast for today’s anti-aircraft and anti-missile defense systems to counter—and because the country’s biggest geopolitical rivals are steaming ahead. China said last year that it was almost ready to demonstrate its own hypersonic weapons, and Russia claims that it too has conducted successful tests of a hypersonic missile that can carry nuclear or conventional warheads.

  • 5 Top Stock Trades for Monday Morning
    Business
    InvestorPlace

    5 Top Stock Trades for Monday Morning

    As earnings season is starting to pick up pace, here’s a look at some the top stock trades in the stock market. With shares of Apple Inc. (NASDAQ:AAPL) down more than 4% Friday, it’s no wonder tech is having a tough day. Many investors are trying to figure out what to make of Apple’s 7% slide over the past three trading sessions.

  • General Electric reports $1.2 bn loss in 1Q; reaffirms outlook
    Business
    AFP

    General Electric reports $1.2 bn loss in 1Q; reaffirms outlook

    General Electric reported a $1.2 billion loss in the first quarter Friday following a large legal charge, but shares surged after operating profits topped analyst expectations. GE, which has been hit by weakness in its power and oil and gas businesses, set aside $1.5 billion in legal reserves connected to lawsuits from its discontinued US mortgage business, WMC. "The first quarter is a step forward in executing on our 2018 plan and we are seeing signs of progress," said chief executive John Flannery.