Daily Intel

McCormick and Crocs are big market movers
The auto maker plans to make $5.5 billion in cost cuts over the next three years to help finance a push into autonomous cars and car- and ride-sharing services. The maker of farm and construction equipment reached a tentative contract agreement...
Oct 2, 2015 | 7:02 AM
Bristol-Myers' gets early approval of combo cancer treatment
TRENTON, N.J. (AP) — The first combination of breakthrough drugs that boost the immune system to fight cancer has been approved, giving maker Bristol-Myers Squibb Co. an early lead over competitors testing other combos in a pharmaceutical gold rush...
Oct 2, 2015 | 7:02 AM
Amazon to ban sale of rival video streaming devices
Along with Amazon's Fire TV, the site will still sell other companies' video-streaming devices that are compatible with Prime Video, including Roku, Xbox and PlayStation. Seattle-based Amazon has been rapidly expanding its Prime Video Service,...
Oct 2, 2015 | 7:02 AM
Apart from low unemployment, just how healthy is job market?
WASHINGTON (AP) — The U.S. unemployment rate — now just 5.1 percent — grabs a lot of the attention each month when the government issues its jobs data. The September jobs report coming out Friday will provide clues to the job market's health that...
Oct 2, 2015 | 7:02 AM
GM warns the Valley: Prepare to compete over driverless cars
GM already has millions of cars on the road that are connected to the Internet, and it has young engineers who are helping to develop new technology that will lead to autonomous driving, said Mark Reuss, GM's product development chief. [...] GM...
Oct 2, 2015 | 6:02 AM
Clarification: Volkswagen-Chattanooga story
CHATTANOOGA, Tenn. (AP) — In a story Sept. 30, The Associated Press reported that production of diesel-engine Passat sedans had been halted at Volkswagen's lone U.S. plant in light of the emissions scandal facing the world's largest automaker. The...
Oct 2, 2015 | 2:02 AM
Feds raid digital currency firm accused of bilking investors
(AP) — Federal investigators have seized computers and boxes of evidence from Gemcoin, a digital currency firm based in Southern California that's accused of bilking tens of millions of dollars from Chinese and U.S. investors. The agency accuses...
Oct 2, 2015 | 1:02 AM
What is 4chan? Website under scrutiny after shootings
Anonymous message board briefly took the spotlight during the Roseburg shootings.
Oct 2, 2015 | 12:02 AM
Chinese developer sees Tacoma tract’s upside
Tacoma has a preliminary deal with a Chinese firm to develop the largest city-owned parcel downtown. Also, Red Lion Hotels executives are given an advance payment on their 2015 annual bonus, which a compensation expert calls “unheard of and...
Oct 1, 2015 | 11:01 PM
Auto lender fined $48 million for deceiving customers
WASHINGTON (AP) — Los Angeles-based auto lender Westlake Services faces $48.35 million in cash relief and penalties for deceiving customers and falsely threatening criminal prosecution, the Consumer Financial Protection Bureau says. The companies...
Oct 1, 2015 | 11:01 PM

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