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Stocks Hit Session Lows as Trump Delivers First Speech as U.S. President

Fri, 20 Jan 2017 17:47:00 GMT

Stocks hit session lows as Donald Trump delivers first speech as US presidentA street sign for Wall Street hangs in front of the New York Stock Exchange May 8, 2013. REUTERS/Lucas Jackson


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After Obama's Auto Industry Turnaround, How Will Trump Fare?

Fri, 20 Jan 2017 20:03:00 GMT

Auto industry leaders will be watching to see how Trump compares to the eight years when Obama was in the driver's seat.U.S. President Barack Obama delivers remarks on the U.S. auto industry at the UAW-GM Center for Human Resources in Detroit, Michigan January 20, 2016. REUTERS/Jonathan Ernst


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Feds Say Student Loan Collector Navient Bilked Borrowers Out of $4B

Thu, 19 Jan 2017 20:43:00 GMT

Navient, the nation's largest student loan servicer, was just hit with a federal lawsuit that alleges the company deceived borrowers to the tune of $4 billion.Prospective students tour Georgetown University's campus in Washington, Wednesday, July 10, 2013.


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Trump's Threats Weakened the Peso: Now Mexico Is an Even Better Investment

Thu, 19 Jan 2017 17:47:00 GMT

Trump has repeatedly warned automakers they could be hit with a 35 percent tariff on imports.People stand outside an exchange house advertising the sale of U.S. dollars at the rate of 19.90 Mexican pesos per dollar in Mexico City, Monday, Sept. 19, 2016.Donald Trump campaigned on promises to build a wall across the border and slap a tariff on imports from Mexico. REUTERS/Jonathan Ernst


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Inside Trump's Holdings: A Web of Potential Conflicts

Thu, 19 Jan 2017 16:34:00 GMT

When he takes office Friday, Donald Trump will carry with him a web of potential conflicts of interest not seen in modern U.S. history.Donald Trump poses for a photo after an interview in his office in Trump Tower on May 17, 2016.


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Is Your Car Included in this Massive New Airbag Recall?

Thu, 19 Jan 2017 14:51:00 GMT

Thirteen automakers are recalling more than 652,000 vehicles in the U.S. in the latest round of dangerous Takata air bag inflator recalls.A billboard advertisement of Takata Corp. is pictured in Tokyo in this September 17, 2014. Japan's three biggest car-makers are expanding a huge global recall triggered by potentially fatal air bags made by Takata Corp, saying on May 13, 2015 they will take back millions of vehicles worldwide for investigation.


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Shades of 'Titanic' — Why Do Airlines Think We Want to Travel Third Class?

Wed, 18 Jan 2017 20:13:00 GMT

Want to save money flying one of the 'big three' U.S. airlines? Pack light and don't complain about that middle seat.That's the takeaway as AmeriAn airplane starts into the sunset from the airport in Frankfurt/Main, Germany, 23 August 2013.


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The New Ford Mustang Just Got a Pretty Nifty Update

Wed, 18 Jan 2017 14:04:00 GMT

Less than three years after the all-new, 50th anniversary Ford Mustang rolled into showrooms, the pony car is set to get some major updates.The 2018 Ford Mustang adopts a lower, reshaped hood and grille, and repositioned air vents. All 2018 Mustangs get LED signature lighting, low-beams and turn signals, with projector high-beams and available fog lamps.


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After the 'Sophie the Giraffe' Panic, What to Do About Mold in Your Kids' Toys

Wed, 18 Jan 2017 12:32:00 GMT

Some parents discovered gnarly mold inside 'Sophie the Giraffe,' a popular teething toy. But how dangerous is mold? Is your child at risk?"Beware!! If you have a drooly baby, moisture will get in the hole and you'll end up with mold! We've had ours for two years and the entire inside is coated with black mold!" wrote Stephanie Oprea in an Amazon review that included this photo of Sophie the Giraffe.


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For Driverless Cars, a Moral Dilemma: Who Lives and Who Dies?

Wed, 18 Jan 2017 11:57:00 GMT

Researchers are asking people worldwide how they think a robot car should handle life-or-death decisions. Should the car sacrifice one passenger if it can save a crowd of pedestrians?In this Tuesday, Jan. 10, 2017, photo, an autonomous vehicle is driven by an engineer on a street through an industrial park, in Boston. Researchers at Massachusetts Institute of Technology are asking human drivers how they'd handle life-or-death decisions in hopes of creating better algorithms to guide autonomous vehicles. (AP Photo/Steven Senne)In this Tuesday, Jan. 10, 2017, photo, an autonomous vehicle is driven by an engineer on a street through an industrial park, in Boston.


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McKesson to Pay $150 Million in Painkiller Reporting Case

Wed, 18 Jan 2017 03:02:00 GMT

The Justice Department said the company failed to put in a system to detect suspicious orders of painkillers which are frequently misused.A woman walks into McKesson Corporation's headquarters in San Francisco on Jan. 31, 2008.


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Trump Denies NBC Report, Says Jobs Returning 'Because of Me!'

Tue, 17 Jan 2017 20:01:00 GMT

Companies eager to avoid becoming the target of a Trump Twitter attack by are preemptively — or retroactively — announcing U.S. job creation plans.FILE PHOTO: U.S. Republican presidential nominee Donald Trump appears at a campaign roundtable event in Manchester, New Hampshire, U.S., October 28, 2016. REUTERS/Carlo Allegri/File PhotoTrump has used Twitter to threaten U.S. companies who manufacture in foreign countries with import tariffs.In December, Trump blindsided aircraft manufacturer Lockheed-Martin over the cost of its fighter jet program contracted by the U.S. Air Force.PEOTUS Trump tweets in response to NBC News' coverage of this story.


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Some Hotel Guests Are Refusing Rooms with a Trump View

Tue, 17 Jan 2017 18:48:00 GMT

In places where hotels overlook buildings emblazoned with Trump's name, some guests now prefer a room without a view.Some guests are requesting rooms without this particular view.Some guests are requesting rooms without this particular view.Donald trump's skyscraper in Chicago.The Trump Hotel is the tallest occupied building in Las Vegas.


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Despite Rising Optimism, American Shoppers Are Still Feeling the Pinch

Tue, 17 Jan 2017 17:07:00 GMT

Despite general optimism at the prospect of pro-growth Trump administration policies, Americans are still wary of rising medical and housing costs.Shoppers walk through the Rideau Centre, in Ottawa on Boxing Day on Dec. 26, 2016.


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Would You Pay $1,000 to Spend the Night on Half a Sofa?

Tue, 17 Jan 2017 15:07:00 GMT

Headed to the inauguration? Whether your budget includes a $75,000 suite with 24/7 champagne or a night on a shared sofa, there are many choices.Mandatory Credit: Photo by MICHAEL REYNOLDS/EPA/REX/Shutterstock (7869732g) A general view of the West Front of the US Capitol during a dress rehearsal for the 58th Presidential Inauguration, in Washington, DC, USA, 15 January 2017. Donald Trump will be sworn-in as the 45th President of the United States during an Inauguration ceremony on the West Front of the US Capitol, 20 January 2017. Dress rehearsal for the 58th Presidential Inauguration, Washington, USA - 15 Jan 2017The $45,000 Inauguration Celebration package at the Mayflower Hotel includes a four-night stay in the presidential suite, two tickets to the presidential inauguration, and a host of extra perks.


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How Working Longer Benefits Health and Finances

Tue, 17 Jan 2017 13:26:00 GMT




GM's $1B Plan Has Nothing to Do With Trump

Tue, 17 Jan 2017 12:50:00 GMT

General Motors announced a $1B U.S. investment, but the company stresses that this move was not influenced by the president-elect.The General Motors headquarters in the Renaissance Center is viewed in this January 14, 2014 file photo in Detroit, Michigan.


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How You Could Get $500 for That Robocall Six Years Ago

Tue, 17 Jan 2017 12:26:00 GMT

Did you get a telemarketing robocall five or six years ago offering a "free cruise" in return for taking a short survey? You could get $500.The Federal Trade Commission is cracking down on robocalls.


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GM to Invest $1 Billion, Create 1,000 Jobs in U.S., Sources Say

Tue, 17 Jan 2017 03:33:00 GMT

The investment and new jobs have been in the works for some time, a GM spokesperson tells NBC News.An auto worker inspects finished SUVs coming off the assembly line at the General Motors auto plant in Arlington, Texas on May 13, 2014.


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Trump to Germany: You Bring Your Cars Here, You Pay 35 Percent Tax

Mon, 16 Jan 2017 22:15:00 GMT

Already taking aim at Mexico, President-elect Donald Trump is now warning he might enact a 35 percent tax on Canadian and German cars.Workers assemble Volkswagen Passat sedans at the German automaker's plant in Chattanooga, Tenn. on June 12, 2013Mercedes-Benzes are produced at Mercedes' U.S. plant in Tuscaloosa, Alabama, in 2014.


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Prosecutors Seek Arrest of Samsung Chief Accused of Bribery

Mon, 16 Jan 2017 05:30:00 GMT

Lee Jae-yong is accused of bribery related to the massive influence-peddling scandal that led to the impeachment of South Korea's president.Lee Jae-yong, center, vice chairman of Samsung Electronics, speaks as he arrives Thursday, Jan. 12, 2017, to be questioned as a suspect in a bribery case relating to the massive South Korean influence-peddling scandal that led to the president's impeachment.


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How Automation May Challenge Trump's Promises on Jobs

Sun, 15 Jan 2017 09:16:00 GMT

A consulting company says the U.S. is on the verge of a robotics revolution — 10 percent of manufacturing tasks handled by robots today in a decade will become 25 percent.



Gas Price Hike, Specter of Trump Have Mexico 'Simmering'

Sat, 14 Jan 2017 09:29:00 GMT

Huge and sometimes violent protests against a sharp rise in gas prices have swept Mexico — but they are about much more than gasoline.A man urges fellow demonstrators to calm down as they vandalise the Government Palace during a protest against the rising prices of gasoline enforced by the Mexican government, at the Macroplaza in Monterrey, Mexico, Jan. 5, 2017.Police forcibly remove protesters from a rally against the price of gas in Mexico City on Jan. 4.Donald Trump and Mexico's President Enrique Pena Nieto walk out after finishing a press conference at the Los Pinos residence in Mexico City, Mexico, on Aug. 31.President Enrique Peña Nieto, right, listens as Luis Videgaray, left, takes the oath of office as Mexico's new Foreign Relations Secretary, at the Los Pinos presidential residence in Mexico City on Jan. 4.A man urges fellow demonstrators to calm down as they vandalize the Government Palace during a protest against the rising prices of gasoline at the Macroplaza in Monterrey on Jan. 5.


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Takata to Pay $1B for Causing Airbag Deaths; Top Execs Indicted

Fri, 13 Jan 2017 15:53:00 GMT

Automotive supplier Takata agreed Friday to pay $1 billion and plead guilty to charges of criminal wrongdoing to settle a DOJ probe into its airbags.Deputy Danny Beckworth displays part of a defective airbag believed to have killed 17-year-old Huma Hanif, who died in April 2016 when an exploding Takata air bag sent a shard of metal into her neck.


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Scrubbing NAFTA Could Cost the U.S. More Than 30,000 Auto Jobs: Study

Fri, 13 Jan 2017 12:42:00 GMT

The withdrawal from NAFTA or punitive tariffs could result in the loss of 31,000 U.S. jobs, according to one prominent research firm.Republican presidential nominee Donald Trump speaks during a campaign rally in Leesburg, Virginia, Nov. 7, 2016.General Motors Chief Executive Mary Barra at the auto show in Detroit.


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