Trump vows to protect Harley-Davidson after earnings beat expectations

Harley-Davidson Inc surged past expectations for first-quarter profit on Tuesday and drew a change of tack from U.S. President Donald Trump, who vowed to protect the motorcycle maker from European tariffs, driving its shares up 3 percent. Trump had previously criticized Harley for its plans to shift some U.S. production overseas to avoid European Union duties imposed in retaliation for […]

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U.S. auto regulators investigating air bag malfunctions in 12.3 million cars

DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash. The problem could be responsible for as many as eight deaths. Vehicles made by ToyotaTM, +0.29% , HondaHMC, +0.12% , KiaKIMTF, +8.21% , HyundaiHYMTF, +1.52% , MitsubishiMSBHY, +0.65%  and Fiat ChryslerFCAU, -0.45%  from the […]

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Accenture execs explain why a company's true investment isn't AI — it's in retraining its current workforce

Paul Nunes, Omar Abbosh, and Larry Downes are the authors of “Pivot to the Future: Discovering Value and Creating Growth in a Disrupted World.” A survey conducted by consultancy firm Accenture found that the vast majority of senior executives plan to useintelligent technologies like AI over the next three years to automate tasks, differentiate their offerings and enhance human capabilities […]

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Home sales fall 4.9% in slow start to spring buying season

Is home ownership still part of the American dream? National Association of Home Builders CEO Jerry Howard on the state of the housing market. Sales of existing U.S. homes fell in March after a huge gain the previous month, held back partly by a sharp slowdown among the most expensive properties. Continue Reading Below The National Association of Realtors said […]

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Richard Branson on the 8 rules he swears by to have a successful career and enjoyable life

Multibillionaire Richard Branson launched his first business as a teenager, and has since founded a slew of companies and conglomerates, including Virgin Records, Virgin Airlines, Virgin Express, Virgin Mobile, Virgin Hotels, Virgin Cruises and Virgin Galactic. He also seems perpetually set to “happy” mode, and is known to truly enjoy the life he has created — which is far more […]

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Canopy Growth agrees to buy Acreage Holdings in $3.4B deal

Canopy Growth has agreed to roll up one of the biggest US marijuana growers in a $3.4 billion deal. However, the companies said Thursday that Canopy’s acquisition of NY-based Acreage Holdings is contingent upon cannabis production and sales becoming legal at a federal level. Canopy hopes to navigate regulatory pitfalls with the influential people Acreage has on its board, including […]

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Wells Fargo accused of misleading homeowners in mortgage crisis aftermath

Wells Fargo is being accused of misleading homeowners who were seeking to lower their home payments in the aftermath of the mortgage crisis. A class-action lawsuit filed in White Plains federal bankruptcy court says the scandal-ridden bank mishandled loan modification trials it was required by law to entertain following the 2008 mortgage meltdown. According to the suit, the bank told […]

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Sears accuses Eddie Lampert of looting the company

Sears Holdings sued longtime Chairman Eddie Lampert, his hedge fund ESL Investments, and former directors including Treasury Secretary Steven Mnuchin, accusing them of allowing the retailer to be looted of billions of dollars before its October 2018 bankruptcy. The lawsuit, made public on Thursday, was filed by the restructuring team winding down what remains of the pre-bankruptcy Sears following Lampert’s […]

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