Asia stocks gain as Brexit fears ebb slightly, safe-havens retreat
TOKYO Asian stocks gained across the board on Monday as fears that Britain would vote to leave the European Union abated a little, aiding a recovery in both sterling and investor risk appetite. Safe-haven assets and currencies like gold, government bonds and the yen retreated.Spreadbetters expected equities to remain on the upswing, forecasting a significantly higher open for Britain's FTSE .FTSE, Germany's DAX .GDAXI and France's CAC .FCHI.MSCI's broadest index of Asia-Pacific shares outside ..>> view originalGold'n Plump's parent suspects in-house tampering behind need to recall 27 tons of chicken
In-house tampering is being blamed for GNP Co. of central Minnesota recalling more than 27 tons of chicken over the weekend after contaminants were detected in some of the product that was distributed primarily to food service and institutional outlets. The recall involving the Gold'n Plump and Just Bare brands by the Upper Midwest's leading chicken manufacturer follows the company disclosing the discovery of sand and black soil in the chicken. GNP is the parent of the popular Gold'n Plump bran..>> view originalNew In Small Business Tech This Week: Microsoft Buys LinkedIn And Apple's Going After PayPal
Paul Allen's space company nears debut of world's biggest plane
MOJAVE, Calif. A space launch company bankrolled by Microsoft Corp co-founder Paul Allen intends to compete with space entrepreneurs and industry stalwarts by launching satellites into orbit from the world’s biggest airplane.Stratolaunch Systems, a unit of Allen’s privately owned Vulcan Aerospace, last week gave a small group of reporters a first look at the nearly finished aircraft.With a wingspan of 385 feet (117 m), the six-engine plane will be larger than Howard Hughes’ 1947 H-4 Hercules, ..>> view originalAuto workers stay on the job to meet SUV, truck demand
General Motors is among the makers that is reducing the usual summer shutdown period to boost pickup and SUV production. This is the plant in Wentzville, Mo.(Photo: Melissa Vaeth, General Motors)DETROIT -- Tens of thousands of U.S. autoworkers will be staying on the job next month, instead of having the usual summer shutdown, as demand for pickups, large SUVs and crossovers shows little sign of abating."We are working straight through the month of July and currently we have five Saturdays schedu..>> view originalMarkets fall after Rajan's surprise move to quit in September
NEW DELHI/MUMBAI Rupee fell to a near one-month low and bonds weakened on Monday after central bank governor Raghuram Rajan's surprise announcement he would quit when his term ends in September, though a more crucial test for markets could be seen when his successor is named.While the currency partially recovered losses, investors warn Rajan's replacement, who is yet to be named, will need to be seen as credible and somebody who can defend the central bank's autonomy at a critical juncture in ..>> view originalA Final Checklist for Costco's June 20 Credit Card Switch
In some Costco (NASDAQ:COST) stores across the US there is little indication that on June 20 the company undergoes a major change. Costco is dropping its American Express (NYSE:AXP) loyalty credit card in favor of a new one from Visa (NYSE:V). The only sign of the change in my local Costco is an information kiosk with signage that generically refers to credit cards, otherwise there is very little in-store to indicate that anything is happening. Perhaps that's because in the period leading up th..>> view originalNASA Developing New 'X-57' Electric Plane
NASA Developing New 'X-57' Electric Plane No, you probably won't be able to fly across the country on a giant, jumbo, all-electric jetliner anytime soon. You can buy an electric car. Ideally, we'll soon start seeing the wonderful powers of electricityand all the clean benefits associated with ithitting the trucking industry as well. So why not a plane? As reported by The New York Times, NASA is officially developing an experimental electric a..>> view original
Monday, June 20, 2016
Asia stocks gain as Brexit fears ebb slightly, safe-havens retreat and other top stories.
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