George Lucas Chooses Los Angeles As Home For His Art Museum – NPR

George Lucas Chooses Los Angeles As Home For His Art Museum – NPR

George Lucas, pictured here in 2014, has announced that his museum will be built in Los Angeles. San Francisco had also been in the running. Wong Maye-E/AP hide caption toggle caption Wong Maye-E/AP George Lucas, pictured here in 2014, has announced that his museum will be built in Los Angeles. San Francisco had also been […]

China’s factory activity expands at slower rate – MarketWatch

BEIJING — A key gauge of factory output edged down last month, pointing to slowing momentum in China’s economy, though leaving it on target to hit the government’s growth target of at least 6.5% for 2016. China’s official manufacturing purchasing managers index fell to 51.4 in December from 51.7 the previous month, according to […]

Code associated with Russia hacking found on Vermont utility computer – Yahoo News

WASHINGTON (Reuters) – A code associated with a broad Russian hacking campaign dubbed Grizzly Steppe by the Obama administration has been detected on a laptop associated with a Vermont electric utility but not connected to the grid, the utility said on Friday. “We took immediate action to isolate the laptop and alerted federal officials of […]

2017 could be another good year for Wall Street’s bull – CNBC

The final trading week of the year was the worst week for the Dow and S&P 500 since Nov. 4, the week before the election. For the first time since then, the Dow, Nasdaq and S&P 500 all lost ground for three consecutive sessions. The Dow flirted with 20,000 early in the four-day week but […]

Amazon looks to the sky to store products – Business Insider

Amazon looks to the sky to store products – Business Insider

Amazon boxes are seen stacked for delivery in the Manhattan borough of New York City Thomson Reuters (Reuters) – Amazon.com Inc has filed for a patent to use airships to store products and serve as a base for delivery-drones. The patent application was filed two years ago but was spotted only on Wednesday by Zoe […]

Toshiba may book big loss on US nuclear acquisition, shares plunge – Reuters

TOKYO Toshiba Corp (6502.T) said it may book a goodwill impairment loss of several hundreds of billion yen on a U.S. nuclear power acquisition – a shock warning that sent it stock tumbling 12 percent and rekindled concerns about its accounting acumen. Toshiba did not specify a figure in its statement, which relates to the […]

Shale Specter Haunts OPEC as Oil Seen Rallying Into 2017 – Bloomberg

Shale Specter Haunts OPEC as Oil Seen Rallying Into 2017 – Bloomberg

After pulling off the biggest oil-market deal in a decade, OPEC faces a new balancing act in 2017: boosting prices without igniting shale. The first shale boom spurred a global supply glut that started prices sliding in mid-2014, and was amplified that November by a pump-at-will OPEC strategy aimed at market dominance. During the ensuing rout, prices […]