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A vestige of the high-flying growth of business and urban sprawl in the post-WWII era, helicopter commuting may have been grounded after concerns over safety and noise. With the potential for new electric flying vehicles, aerial commuting may take off once again.
The Trump administration is focused on raising the level of worker protections in Mexico, where they're currently weaker than those in the United States, during NAFTA negotiations. Furthermore, the U.S. government believes that closing the wage gap with Mexico may deter firms from leaving the United States. As a result, the U.S. government sees labor reforms as a priority in moving forward with NAFTA, but Mexico will resist Trump’s efforts to impose wage requirements and make its country a less attractive destination to American businesses.
Soccer powerhouse FC Barcelona is starting a training program in the United States. One reason: Many Americans don’t have a favorite soccer team — yet.
For Tesla's true-believer shareholders, all that stands between CEO Elon Musk realizing his vision and validating their risky bet is adequate liquidity. The bond market, from that perspective, looks like an infinity pool of capital. Even so, it's $1.8 billion debut in the high-yield bond market is surprising for several reasons.
Affluent Americans such as President Trump pay a 3.8 percent tax on their investment income — unless they know how to use an S corporation. In 2017, the S corporation loophole will allow about $16.7 billion in tax avoidance, according to 2016 estimates from the U.S. Department of the Treasury.
Dropbox is making more money and turning a profit. However, the company may not go public at its last private valuation as it invests further in battling Microsoft and Google.
Monsanto has a public image problem: It's the poster child for concerns about GMO crops. Now it faces a threat from research that has prompted the WHO and California to label its blockbuster product Roundup a human carcinogen. The revelation that Monsanto employees were involved in reviewing and editing the “independent” research purporting to show that Roundup is safe does not help the company's case.
Bosch, the German auto parts manufacturer, is investing billions of dollars in R&D as it works to transform itself into a global technology company. In the midst of this endeavor, the company is facing increasing scrutiny for the role it may have played in the diesel emissions scandal that first came to light in VW cars. While Bosch’s role remains unclear, potential damages could be in the billions and the reputation costs could affect the company’s future.
Cloning is a term met with a good deal of skepticism and fear. This is somewhat justified, but can there be uses that would make its techniques valuable and ethical? The performance horse industry believes it can. It has already achieved success and acceptance in several divisions using techniques mastered by Crestview Genetics of Texas. The company hasn't let its success whither. It's now considering limited forays into human cloning to aid areas such as diabetes research. Crestview claims to be worth $75 million.
Many utilities, including those owned by Warren Buffet’s Berkshire Hathaway, are pushing back against the Public Utility Regulatory Policies Act (Purpa). Purpa requires that some utilities buy power from certain providers as long as it is less costly than building a new plant themselves.
Several U.S. refineries have been specifically calibrated to work with Venezuela's sludgy high-density, high-sulphur crude oil. Last year, $10 billion of Venezuelan crude oil was imported and refined, helping keep gas prices low. But with the political and economic turmoil in Venezuela, as well as the possibility of sanctions against Venezuela's government, U.S. consumers and refiners could face adverse consequences.
Companies like Chevron, Citgo, Phillips, and others are facing the prospect of supply disruption for the Venezuelan crude oil that feeds their refineries along the Gulf Coast. How significant is the risk, and what should accounting reports disclose about the pending risk?
Dropbox becomes less complicated. It's moving away from what doesn't bring in paying customers.