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Attorney: Bus driver did not stop on tracks

WTAE - Pittsburgh Videos

An attorney representing the man who was driving a transit vehicle that collided with a train April 26 speaks out in defense of his client

  • Want to Retire Early? Try These 4 Tips
    Business
    Motley Fool

    Want to Retire Early? Try These 4 Tips

    Here are some steps you can start taking today to secure that coveted early retirement. Whether that means a raise, a promotion, a side gig, or an entirely new job, finding a way to generate more income -- and then dedicating the extra income to retirement savings -- is perhaps the single most important thing you can do to bring your retirement date forward. When it comes to high-level retirement saving, a 401(k) is particularly helpful.

  • GE Badly Misses Q3 Earnings, Lowers View & Defers Dividend
    Business
    Zacks

    GE Badly Misses Q3 Earnings, Lowers View & Defers Dividend

    Industrial goods manufacturer General Electric Company GE reported relatively lackluster third-quarter 2017 results and badly missed earnings estimate despite top-line growth. GAAP net earnings from continuing operations for the reported quarter were

  • The Top 10 Cities for Amazon's Second Headquarters
    Business
    The Street

    The Top 10 Cities for Amazon's Second Headquarters

    As the race heats up and cities state their cases to house Amazon.com's (AMZN) second headquarters, Moody's Analytics has some suggestions for the e-commerce giant. The firm presented Amazon with 10 cities where the new headquarters, which has the potential for 50,000 well-paying jobs and a $5 billion investment, should be located. The results were based on five "broad" categories; business environment, human capital, cost, quality of life, and transportation. A sixth criterion, geography, was also considered to "rank cities based on regional and geographic factors that Amazon might be taking into account," Moody's Analytics noted. The bidding for Amazon's second headquarters closed on Thursday,

  • Singapore Airlines to finalize $13.8 billion Boeing order next week
    Business
    Reuters

    Singapore Airlines to finalize $13.8 billion Boeing order next week

    By Jamie Freed SINGAPORE (Reuters) - Singapore Airlines Ltd said on Friday it will finalize an order for 39 Boeing Co aircraft worth $13.8 billion at list prices when Singaporean Prime Minister Lee Hsien Loong visits Washington D.C. next week. The airline said in February it would order 20 777-9 and 19 787-10 widebodies as part of plans to modernize its fleet over the next decade, but the deal is yet to be finalised and placed in Boeing's order book as a Singapore Airlines order. The deal was viewed as a major blow to Airbus SE as it battles against Boeing in the widebody market.

  • This High-Yield Oil Giant Could Offer Retirees Sustainable Income
    Business
    Motley Fool

    This High-Yield Oil Giant Could Offer Retirees Sustainable Income

    Integrated oil and natural gas giant Royal Dutch Shell plc (NYSE: RDS-B) is making impressive progress as it comes back from the worst of the oil downturn that started in mid-2014. One of the big problems for Shell today is debt. At the end of 2014, long-term debt stood at roughly $38 billion. First, Shell tends to hold much more cash than Exxon.

  • This isn't a middle-class tax cut, it's a lie: David Stockman
    Politics
    Fox Business Videos

    This isn't a middle-class tax cut, it's a lie: David Stockman

    Former Reagan Budget Director David Stockman on the push for tax reform.

  • What's in Store for Advanced Micro (AMD) in Q3 Earnings?
    Business
    Zacks

    What's in Store for Advanced Micro (AMD) in Q3 Earnings?

    Advanced Micro Devices Inc. AMD is set to report third-quarter 2017 results on Oct 24. Notably, the company has a positive record of earnings surprises in the trailing four quarters, with an average surprise of 35%.In the last quarter, the company reported

  • A Michigan University Is Offering the First-Ever Degree in Marijuana Studies
    News
    Time

    A Michigan University Is Offering the First-Ever Degree in Marijuana Studies

    Students at a Michigan university might have to do a double-take when they look over the school’s degree options. After all, what college lets someone major in marijuana studies? But that’s exactly what Northern Michigan University is offering as part

  • Catch This Falling Knife — Go Long Celgene Corporation
    Business
    InvestorPlace

    Catch This Falling Knife — Go Long Celgene Corporation

    Last night, Celgene Corporation (NASDAQ:CELG) released a headline that they canceled phase three for their potential solution to Crohn’s disease. The stock is now trading down 10%. This means that it would now be down 16% since early October. Source:

  • How Something as Simple as Pizza Will Save Chipotle Mexican Grill, Inc.
    Business
    InvestorPlace

    How Something as Simple as Pizza Will Save Chipotle Mexican Grill, Inc.

    The phrase “nothing lasts forever” aptly describes the rise and fall of Chipotle Mexican Grill, Inc. (NYSE:CMG). Then several food safety issues (including three E. Coli outbreaks) put the brakes on. Now, this is not to understate the seriousness of food safety, but CMG management has been razor-focused on this issue for years now.

  • Hollywood won’t solve its sexual abuse problem until it has more women bosses
    Business
    Quartz

    Hollywood won’t solve its sexual abuse problem until it has more women bosses

    The only good to come out of the extensive sexual abuse allegations against Hollywood executive Harvey Weinstein, which have now spread to other powerful men across the industry, is that they’ve started a dialogue about how to prevent more Harvey Weinsteins. “Hollywood” doesn’t meet in a room every month and decide on rules that affect everyone working in the film industry.

  • Business
    MarketWatch

    GE's stock tumbles toward biggest post-earnings fall in over 8 years

    Shares of General Electric Co. GE, +1.99% have extended their slide following a rare profit miss, and were now down 6.0% in very active premarket trade, putting them in danger of their worst one-day post-earnings performance in over eight years. Volume topped 1.4 million shares two hours before the open, making the stock the most actively traded in the premarket. This would mark the eighth-straight quarter that GE's stock has fallen the day it reported results. But the last time the stock dropped this much was July 17, 2009, when it fell 6.1% after Q2 2009 results. GE's stock is on track to open at the lowest price seen during regular session hours since Aug. 24, 2015, but also puts it in danger

  • Fmr. GE CEO Jeff Immelt used empty second jet to fly
    Business
    Fox Business Videos

    Fmr. GE CEO Jeff Immelt used empty second jet to fly

    Jeff Immelt used an empty second private jet to fly while he was CEO of GE. FBN's Liz MacDonald with more.

  • Business
    Fortune

    HPE Is Exiting the Cloud Server Business

    Hewlett-Packard Enterprise is getting out of the cloud server business. The target customer is companies like Microsoft , Web Services, or , each of which can (and do) negotiate huge discounts. On Wednesday, HPE president Antonio Neri said the company will stop selling custom-designed commodity servers such customers, which HPE calls Tier 1 service providers.

  • Strategist Jeff Saut: The 8-year-old bull market still has up to nine more years left
    Finance
    CNBC

    Strategist Jeff Saut: The 8-year-old bull market still has up to nine more years left

    It's not even close to being too late to buy into the second-longest bull market in Wall Street history, veteran strategist Jeff Saut told CNBC on the 30th anniversary of the Black Monday Crash of '87. With the Dow Jones industrials (Dow Jones Global Indexes: .DJI) on Wednesday closing above 23,000 for the first time, many investors who are not in the market may be concerned that they've missed out on the eight-year run that has propelled the blue-chip average up more than 250 percent. Saut said don't be.The chief investment strategist at Raymond James believes there may be nearly a decade left in this secular bull market, which is defined as a market that's driven by forces that could be in place for years.

  • You Should Buy Rite Aid Corporation Stock Only If This Happens
    Business
    InvestorPlace

    You Should Buy Rite Aid Corporation Stock Only If This Happens

    Rite Aid Corporation (NYSE:RAD) investors certainly haven’t been faced with a shortage of things to chew on of late. The failure of Walgreen’s initial plan to outright acquire all shares of RAD stock in 2015 followed by the no-go on 2016’s revised plan to only buy 2,186 Rite Aid units — WBA is now only acquiring 1,932 of Rite Aid’s 4,560 stores — spurred mounds of investor concern, as a large cash infusion was seen as the only way to save the struggling Rite Aid Corporation. Here’s the thing: Rite Aid was in trouble, maybe even doomed, well before Walgreen’s was interested.

  • The Latest: Putin: Trump's foes have blocked his agenda
    World
    Associated Press

    The Latest: Putin: Trump's foes have blocked his agenda

    Russian President Vladimir Putin says U.S. President Donald Trump's political foes have prevented him from fulfilling his election promises. Russia has rejoiced at Trump's victory in the U.S. election, but its hopes for rebuilding ties with Washington have been shattered by congressional and FBI investigations into Trump campaign ties with Russia.

  • FuelCell Energy to Supply 7.4MW Clean Power to U.S. Navy
    Finance
    Zacks

    FuelCell Energy to Supply 7.4MW Clean Power to U.S. Navy

    FuelCell Energy Inc. FCEL announced that it has entered into a power purchase agreement with the Connecticut Municipal Electric Energy Cooperative for the long-term supply of power to the U.S. Navy Submarine Base in Groton, CT.This power project will

  • 3 Stocks to Buy and Forget About
    Business
    Motley Fool

    3 Stocks to Buy and Forget About

    There's plenty that can derail stocks along the way, but our Motley Fool investors believe that Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B), Disney (NYSE: DIS), and Intuitive Surgical (NASDAQ: ISRG) can power portfolios higher for the long haul. Rich Smith (Berkshire Hathaway): Depending on how you count them, Berkshire Hathaway stock encompasses about 63 separate companies, all owned in their entirety by the parent company -- and all headed by master investor Warren Buffett.

  • Wall Street banks are starting to sound the alarm on a stock-market correction
    Business
    Business Insider

    Wall Street banks are starting to sound the alarm on a stock-market correction

    Bank of America Merrill Lynch is the latest Wall Street firm to issue a warning about a stock-market correction. BAML joins Morgan Stanley in the ranks of big firms that have sounded the alarm this week. The most recent firm to sound the alarm is Bank of America Merrill Lynch, which forecasts a pullback of at least 10% — the historical definition of a correction — by Valentine's Day.

  • Corning's (GLW) Q3 Earnings to Gain From Strong Fiber Demand
    Business
    Zacks

    Corning's (GLW) Q3 Earnings to Gain From Strong Fiber Demand

    Corning Inc GLW is set to release third-quarter 2017 results on Oct 24. Notably, the Gorilla Glass maker has a positive record of earnings surprises in each of the trailing four quarters, with an average surprise of 10.15%. In the last quarter, Corning delivered a positive earnings surprise of 5%.

  • General Electric posts huge third-quarter miss, premarket shares drop as much as 8%
    Finance
    CNBC

    General Electric posts huge third-quarter miss, premarket shares drop as much as 8%

    General Electric (GE) third-quarter earnings were a stark reminder of the work that lays ahead as its new CEO embarks on a plan to turn around the company. GE's earnings fell short of Wall Street's expectations on Friday as profits were weighed down by restructuring costs and weak performance at its power and oil and gas businesses. Shares of GE sank as much as 8 percent in premarket trading before recovering ground ahead of the opening bell.

  • Schlumberger, Baker Hughes warn of weak fourth quarter
    Finance
    Reuters

    Schlumberger, Baker Hughes warn of weak fourth quarter

    Shares of Schlumberger NV dropped nearly 5 percent to a 21-month low of $61.41, while Baker Hughes tumbled 5.2 percent to a 16-month low of $31.44. Halliburton Co , scheduled to report on Monday, was little changed. Last year, as oil prices bounced off multi-year lows hit at the start of 2016, optimism began to creep back into the energy industry.

  • Tesla: A $170 Stock?
    Business
    barrons.com

    Tesla: A $170 Stock?

    Tesla (TSLA) is falling Friday, hurt in part by a skeptical Cowen & Co. Analyst Jeffrey Osboure and his team reiterated an Underperform rating and $170 price target on the stock today, writing that even the "true long believers" will lose patience with the bottlenecks in the Model 3 ramp by 2018, which are compounded by the company's capital needs. Indeed, Osbourne thinks that Tesla will run through even more cash as its new Gigafactories are announced in the coming months in Europe and China, exacerbating the issue. Ultimately, he warns that he has "more questions than answers" as the Model 3 rollout continues, and that Tesla's "vagueness," along with a lack of disclosure from management about

  • Amazon HQ2 Will Likely Be One of These Six Cities
    Business
    Fortune

    Amazon HQ2 Will Likely Be One of These Six Cities

    The deadline for cities to apply to become Amazon’s second headquarters (or HQ2) is Thursday. While proposals have come from all over the map, it is unlikely that any metro area with fewer than 4 million people will make the grade, according to Everest Group, a Dallas-based consulting and research firm. Only cities of that size are likely to have the both the basic infrastructure and base of skilled employees to supply Amazon’s needs.