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Gunman opens fire in Texas high school, killing 10 people

SANTA FE, Texas (AP) — A 17-year-old armed with a shotgun and a pistol opened fire at a Houston-area high school Friday, killing 10 people, most of them students, authorities said. It was the nation’s deadliest such attack since the massacre in Florida that gave rise to a campaign by teens for gun control. …read more […]

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Business News

U.S., China talks focus on cutting trade gap, $200 billion target disputed

WASHINGTON/BEIJING (Reuters) – China is “meeting many” Trump administration demands to cut its trade surplus with the United States, but a definitive deal to resolve deep trade differences could take a while to develop, White House economic adviser Larry Kudlow said on Friday.

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Trading Ideas

An Unconventional Way for Ford Motor Company to Buy Tesla Inc

Last April, I pondered whether Ford Motor Company (NYSE:F) could afford to buy Tesla Inc (NASDAQ:TSLA). For the sake of Ford stock, here’s why I think Ford absolutely should buy Tesla. First, I should probably revisit some of my thoughts regarding the viability of Ford buying Tesla and what’s changed over 13 months. …read more […]

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Conservative revolt over immigration sinks House farm bill

House Republican leaders suffered an embarrassing setback Friday when conservatives scuttled an ambitious farm bill, part of a high-stakes power play as they once again exert their oversized sway in the House. In this case, conservatives in the House Freedom Caucus wanted to slow the momentum of bipartisan immigration legislation to help young “Dreamers.” Republican moderates are gaining ground with their immigration effort and conservatives don’t like the deals taking shape. By withholding their votes on the farm bill, they flexed their political muscle to doom both. …read more […]

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Trump, the stealth tax-raiser

President Trump has been pressuring the postmaster general to double the shipping rates the U.S. Postal Service charges e-commerce giant Amazon, according to a nearly unbelievable account in the Washington Post. Trump, of course, has been attacking Amazon for months, out of personal animosity toward its CEO, Jeff Bezos, who also owns the Washington Post, which routinely publishes unflattering Trump material (like the postal scoop it just got from, well, who knows). It must gall Trump that he can’t. …read more […]