Category Archives: CNN – Business

A new use for McDonald’s used cooking oil: 3D printing

A new use for McDonald’s used cooking oil: 3D printing

Professor Andre Simpson had a problem. The University of Toronto’s Scarborough campus was paying through the nose for a crucial material for its 3D printer. Few would have guessed McDonald’s would come to the rescue. Simpson is director of the school’s Environmental NMR Center dedicated to environmental research. Central to this research is an analytical…MORE

The economy is roaring. So why are more workers striking?

The economy is roaring. So why are more workers striking?

Labor strikes are back. Forty-six thousand GM employees made headlines last year by halting work to ask for stronger protections and better healthcare. But it wasn’t just the automaker — there has been a strike renaissance over the past two years. The largest job action of 2019 involved 92,700 North Carolina public school teachers who…MORE

The most important interest rate you’ve never heard of is about to change

The most important interest rate you’ve never heard of is about to change

Libor is the world’s most quoted interest rate, governing some $200 trillion of debt and contracts, including mortgages and consumer loans. After years of manipulation scandals the rate is now on its way out. Replacing it will be anything but easy. It also means any regular investor with a floating rate loan will experience some…MORE

GE dodges a bullet in Trump’s battle with China

GE dodges a bullet in Trump’s battle with China

General Electric appears to have a dodged a bullet in President Donald Trump’s fight with China over the theft of American trade secrets. The Trump administration is poised to give a GE joint venture the green light to continue exporting jet engines to China — despite national security concerns raised by some US officials. That…MORE

Solar might be Tesla’s secret weapon

Solar might be Tesla’s secret weapon

Most investors only think about electric cars when they think about Tesla. But the company’s solar power and storage battery business could be a major factor in the performance of Tesla shares, according to a new analyst note. Alex Potter, an analyst with Piper Sandler, raised his price target on Tesla shares to $928, up…MORE

Playlist