Greg Gianforte beats Rob Quist in Montana special election House race
Republican Greg Gianforte muscled his way to victory in Montana, overcoming a challenge from Democrat Rob Quist and an election-eve scuffle with a reporter that led to a criminal charge being filed against him.Mr. Gianforte defeated Mr. Quist less than 24 hours after he allegedly body-slammed a reporter from Britain’s Guardian newspaper and police charged him with misdemeanor assault.The Associated Press called the race for the Republican more than 2½ hours after polls closed at 8 p.m. MDT...>> view originalChina's reforms not enough to arrest mounting debt: Moody's
By Yawen Chen and Ryan Woo | BEIJING BEIJING China's structural reforms will slow the pace of its debt build-up but will not be enough to arrest it, and another credit rating cut for the country is possible down the road unless it gets its ballooning credit in check, officials at Moody's said.The comments came two days after Moody's downgraded China's sovereign ratings by one notch to A1, saying it expects the financial strength of the world's second-largest economy to erode in coming years ..>> view originalMark Zuckerberg Tells Harvard Graduates To Embrace Globalism, 'A Sense Of Purpose'
VIDEO Harvard University via YouTube Harvard dropout Mark Zuckerberg returned to the university Thursday to give graduates a commencement address, filled with calls for building a connected world "where every single person has a sense of purpose." In a wide-ranging speech that touched on climate change, charity, volunteering, education and universal basic income, the billionaire CEO of Facebook championed globalism and called fighting authoritarianism and nationalism "the struggle of ou..>> view originalGM Accused in Lawsuit of Deceit on Diesel Truck Emissions
The suit accuses the company of using software that helps the diesel versions of Chevrolet Silverado 2500HD and GMC Sierra 2500HD heavy-duty pickup trucks with Duramax engines meet emissions requirements. The software was used in about 705,000 trucks sold from 2011 to 2016, the suit says. It argues G.M. deceived customers by marketing the vehicles as “clean” diesel trucks and seeks to force the company to buy the vehicles back and compensate owners for economic losses.According to the suit, the..>> view originalBitcoin Boom - Regulators at the gate
This week, I attended one of the most important events in the blockchain world – Consensus 2017.Consensus is an annual blockchain technology summit in New York where industry leaders discuss all things bitcoin and blockchain, and where new blockchain companies come to pitch their ideas.Regular readers are familiar with bitcoin and blockchain. Bitcoin is digital money that is created and held electronically. At the core of bitcoin technology is a super database called the “blockchain.” The block..>> view originalStan the robotic parking valet gets to work at Paris airport
Hate giving your keys to a parking valet? Move to France. That’s where a new robotic parking system is being tested. Its name is Stan. Related Image Expand / Collapse That’s short for Stanley Robotics, the Parisian startup that developed the technology and installed it at Paris-Charles de Gaulle airport for its first public trial. Here’s how it works: First you pull your car into a drop-off area, enter your payment and return flight information into a kiosk, and lock the vehicle. Rel..>> view originalUS court fines UPS $247 million over illegal cigarette shipments
A federal judge ordered United Parcel Service Inc to pay nearly $247 million in damages and penalties for "illegally shipping" large volumes of untaxed cigarettes in New York state and City, a court filing showed on Thursday.UPS said it was extremely disappointed with the court's ruling and would appeal the decision."The court's monetary award is excessive and far out of the bounds of constitutional limits, particularly given that the shipments at issue generated around $1 million in revenue,"..>> view originalS&P and Nasdaq close at record highs as big tech stocks rise
According to the minutes from its May 3 meeting, which were released Wednesday, the Fed sees a system where it will announce cap limits on how much it will allow to roll off each month without reinvesting. "The markets are taking the Fed's comments on how they plan to unwind the balance sheet as a positive," said Robert Pavlik, chief market strategist at Boston Private Wealth. Pavlik also noted that the S&P closed decisively above 2,400 on Wednesday, a key technical level, that could prompt mor..>> view originalLyft launches a new way to roll up to the party like a rock star
Getty Images Entertainment Uber started with a black car service to move "ballers" around town. Lyft, its friendlier pink-mustached foe, didn't have the same objective of being a cab company for the rich. Yet in the last few years, Lyft has expanded its ride options from just a ride in a back of a Prius to higher-end "Premier" cars. Its push into luxury isn't over yet. On Thursday, the company is unveiling its latest fancy way to take a ride: Lyft Lux. The ..>> view originalGoldman Warns OPEC Faces Test as Spectre of U.S. Shale Looms
As the oil market responds skeptically to OPEC’s output-cut deal, Goldman Sachs Group Inc. says the group has some challenges to tackle. The most important business stories of the day. Get Bloomberg's daily newsletter. The organization will face the test of defending market share and generating revenue growth as it transitions from the curbs, the bank said in a May 25 report. Additionally, ba..>> view original
Friday, June 23, 2017
Greg Gianforte beats Rob Quist in Montana special election House race and other top stories.
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