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DuPont names turnaround expert Edward Breen permanent CEO

Breen, who was also appointed chairman, took over as interim CEO on Oct. 16 after veteran Ellen Kullman suddenly stepped down - a move seen as an attempt to pacify activist investor and DuPont's biggest shareholder, Nelson Peltz. Unlike Kullman, who was with DuPont for nearly three decades and was CEO since 2009, Breen is a newcomer.
Nov 9, 2015 |
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Wall St. lower on fresh signs of global weakness

(Reuters) - U.S. stocks were lower on Monday morning after weak Chinese trade data and an OECD report warning of a global slowdown spurred concerns about weakening demand.
Nov 9, 2015 |
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Dish misses revenue estimates as more subscribers ditch pay-TV

Dish Network Corp reported quarterly revenue that fell short of market estimates as more subscribers dropped its pay-TV service and growth in its online streaming service Sling TV showed signs of faltering. The company said on Monday it had lost about 23,000 pay-TV subscribers on a net basis in the quarter ended Sept. 30, compared with a loss of...
Nov 9, 2015 |
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Asia dips, dollar at seven-month high as U.S. jobs data bolsters case for December Fed hike

By Shinichi Saoshiro TOKYO (Reuters) - Asian stocks slipped and the dollar stood at a 7-month high against its peers early on Monday after robust U.S. jobs data bolstered expectations of a Federal Reserve interest rate hike in December. The unemployment rate fell to 5.0 percent, the lowest since April 2008. Prospects of the Fed hiking rates for the...
Nov 9, 2015 |
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Weyerhaeuser to buy Plum Creek, creating $23 billion timber company

By Edward Krudy NEW YORK (Reuters) - Weyerhaeuser Co will purchase Plum Creek Timber Co Inc in a deal announced on Sunday that the two companies said would create a $23 billion timber, land and forest products company, the largest in the United States. The new company, which will keep the Weyerhaeuser name, will manage more than 13 million acres of...
Nov 9, 2015 |
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General Motors' stock has 40 percent return potential: Barron's

Shares in General Motors Co could return as much a 40 percent, including a 5 percent dividend yield, a year from now when investors start to focus on 2017 per share earnings of $6, according to financial weekly Barron's on Sunday. Barron's says GM's stock should be up "far more" year-to-date than the 2 percent it has...
Nov 9, 2015 |
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Dubai Airshow opens amid drop in new jetliner orders

After three years of record jetliner orders, planemakers are bracing for a slowdown in new commitments at the Dubai Airshow which opens on Sunday under the shadow of recently falling oil prices and conflicts in the Middle East. Barring traditional show surprises, delegates attending the biennial Nov 8-12 event predicted a drop in major commercial...
Nov 8, 2015 |
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Strike to affect three Lufthansa airports for almost all of Monday

Lufthansa's cabin crew union said that resuming its strike on Monday after a one-day pause would ground flights at three of the German airline's major airports for almost the entire day. The UFO union said in a statement on Sunday that the strike on Monday -- part of a week-long walk-out to push demands in a dispute over retirement...
Nov 8, 2015 |
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Fed rate hike 'makes sense', says U.S. central banker

Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the "next step" should be to start gradually increasing rates, a top U.S. central banker said on Saturday. "I do think it makes sense to gradually remove the policy of accommodation that helped get the economy to where we...
Nov 8, 2015 |
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VW engineers admitted rigging CO2 emissions: Bild

Several Volkswagen engineers have admitted manipulating carbon dioxide emissions data because goals set by former Chief Executive Martin Winterkorn were difficult to achieve, Bild am Sonntag reported. The paper said VW engineers tampered with tire pressure and mixed diesel with their motor oil to make them use less fuel, a deception that began in...
Nov 8, 2015 |
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Activist stampede pushes board directors into shareholders' arms

By Michael Flaherty NEW YORK (Reuters) - A few days after joining the board of Atlantic Power, private equity veteran Gilbert Palter said he got a flurry of calls from the energy company's top shareholders, who wanted more than just to wish him well. The rising power of activist shareholders has added a new responsibility to the role of board...
Nov 8, 2015 |
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Volkswagen managers afraid to travel to the U.S.: paper

Volkswagen managers are worried about traveling to the United States, a German newspaper reported on Saturday, saying U.S. investigators have confiscated the passport of an employee who is there on a visit. Citing company sources, the Suddeutsche Zeitung said Volkswagen believes the investigators want to prevent the manager from evading questioning...
Nov 8, 2015 |
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Third Point's Loeb trades digs for diplomacy in Japan

Activist investor Daniel Loeb, famously branded a carpet-bagger by actor George Clooney, has turned from bruiser to charmer in Japan, where he has added diversified retailer Seven & I Holdings to his portfolio. Sources familiar with the situation say Loeb, 53, wants a management overhaul at Seven & I, which owns Sogo department stores and...
Nov 8, 2015 |
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Boeing eyes new partnerships

Boeing expects to announce new industrial partnerships with an emphasis on defense at the Dubai Airshow, expanding on tie-ups in commercial aerospace, executives said on Saturday. Gulf-based sources have told Reuters they expect Boeing to expand its ties with both companies at the Nov 8-12 air show. "There will be a couple of announcements at...
Nov 8, 2015 |
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Fed rate hike 'makes sense,' says U.S. reserve bank president

Now that the United States is closing in on full employment and inflation is likely to rise to target levels, the "next step" should be to start gradually increasing rates, a top U.S. central banker said on Saturday. "My forecast is that we’ll reach our maximum employment mandate in the near future and I’m increasingly confident that...
Nov 8, 2015 |
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Boeing upbeat over possible Kuwait jet sale, oil price hits some deals

Boeing on Saturday gave its strongest indication yet about a near-term sale of F/A-18E/F Super Hornets to Kuwait, although the world's second-largest weapons maker said lower oil prices were delaying some arms purchases by Gulf states. "There are things that we're waiting on... those things are going to be cleared and we think...
Nov 7, 2015 |
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Obama rejects Keystone XL pipeline in win for greens

U.S. President Barack Obama on Friday rejected the proposed Keystone XL oil pipeline from Canada in a victory for environmentalists who campaigned against the project for more than seven years. "The pipeline would not make a meaningful long-term contribution to our economy," Obama told a press conference. The denial of TransCanada...
Nov 7, 2015 |
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Berkshire profit doubles to record on Kraft Heinz

By Jonathan Stempel and Jennifer Ablan NEW YORK (Reuters) - Warren Buffett's Berkshire Hathaway Inc said quarterly profit doubled to a record high, reflecting a large gain on its stake in Kraft Heinz Co , while operating profit declined on weaker results from insurance underwriting. Operating profit fell 4 percent to $4.55 billion, or $2,769...
Nov 7, 2015 |
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Surging U.S. job growth lowers bar for Fed rate hike

Employers outside of the farming sector added 271,000 jobs in October, the most in 10 months, and the jobless rate fell to a 7-1/2-year low of 5.0 percent, the Labor Department said on Friday. Policymakers at the U.S. central bank welcomed the data and investors increased bets that the first rate increase in more than nine years will come next...
Nov 7, 2015 |
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Strong payrolls lift retailer hopes further

Against the backdrop of a strengthening labor market, retailers are set to report earnings next week and could help the consumer sector regain the leadership lost to technology in the latest market rally. "The consumer should be feeling pretty good heading into the last couple of the months of the year," said Sean Lynch, co-head of global...
Nov 7, 2015 |
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Zacks Industry Outlook Highlights: Freeport-McMoRan, Newmont Mining, Golden Star Resources, Randgold Resources and Kinross Gold

Zacks Industry Outlook Highlights: Freeport-McMoRan, Newmont Mining, Golden Star Resources, Randgold Resources and Kinross Gold Read More

Gold Mining Stock Outlook - Sept. 2017

Gold Mining Stock Outlook - Sept. 2017 Read More

Why Freeport-McMoran (FCX) Stock Might be a Great Pick

Freeport-McMoran (FCX) is seeing solid earnings estimate revision activity, and is a great company from a Zacks Industry Rank perspective. Read More

Friend of slain Georgia Tech student: 'If Scout was more gender-conforming, would it have been different?'

Scout Schultz, a Georgia Tech student, was shot by campus police on Saturday night, and a protest two days later led to arrests. In the aftermath of those events, Yahoo Lifestyle talked to a friend... Read More

How to Make Healthy Leftover Turkey Tacos

These tacos get a healthy makeover by using turkey as the main lean protein. It all comes together with some beans, avocado, and a little cheese. Watch the video to learn how to make this easy... Read More

Little People, Big World's Audrey Roloff Just Gave Birth to Her First Child

It's a girl! Read More

Mel Brooks: ‘Blazing Saddles’ Would Never Be Made in Today’s ‘Stupidly Politically Correct’ Culture

“Blazing Saddles” may be a groundbreaking comedy, but director Mel Brooks doesn’t think Hollywood would make the iconic Western parody in this current “stupidly politically correct” climate. The... Read More

Box Office: 'Kingsman: The Golden Circle' Unseats 'It' as 'Lego Ninjago' Disappoints

Kingsman: The Golden Circle is the new ruler of the box office. The sequel from Fox is expected to earn $39 million this weekend from 4,003 locations. That’s slightly below where tracking had... Read More

Bradley Cooper-Lady Gaga’s ‘Star Is Born’ Moves to May 2018

Warner Bros.’ “A Star Is Born” remake starring Stefani Germanotta (Lady Gaga) and Bradley Cooper, who is also directing, is moving up its release to May 18, 2018. The pic was originally set to open... Read More

White House officials defend Trump, say athletes 'can do free speech on their own time'

Treasury Secretary Steve Mnuchin defended Trump’s call for NFL players who kneel during the national anthem to be suspended or fired. “It’s not about free speech,” Mnucin said Sunday. “They can do... Read More

In wake of U.N. speech, Kim calls Trump a ‘dotard.’ Trump fires back at ‘madman.’

President Trump and North Korean leader Kim Jong Un have unleashed personal attacks on one another after the U.S. commander in chief’s speech at the United Nations. “Kim Jong Un of North Korea,... Read More

As Russia probe turns to fake Facebook ads, Trump follows with a tweet

President Trump continued his efforts to belittle accusations of Russian meddling in the 2016 election on Friday, turning to the latest set of charges, involving targeted political ads placed on... Read More

Reluctant champion: How Nadia Murad has become the international face of Yazidi suffering – and resilience

Weeks earlier, Nadia Murad had been ripped from her village by Islamic State (ISIS) fighters who murdered her family and took her captive. Along with other young Yazidi women, she was transported... Read More

Readers write: The work of downsizing, evidence of climate change, hopeful coverage on famine

Regarding the Aug. 21 Monitor Daily story “Home prices, and a thought shift, give ‘small living’ a boost”: Interesting concept. My friend has done it, downsizing and living in a tiny apartment.... Read More

Time for the world to step up on Rohingya issue, Aung San Suu Kyi’s astounding hypocrisy, Irma’s destruction in Britain’s Caribbean islands, The US should stop saber rattling, On the Nadal-Federer comeback

“It is high time the world made an all-out effort to stop the ongoing pogrom against Myanmar’s minority Rohingya...,” writes Mohammad Amjad Hossain. “The pogrom resembles those crimes perpetrated... Read More