More than 1,000 global CEOs received a letter Tuesday from one of the world's most influential money managers with a pointed message: Simply posting good financial returns is no longer enough. You must have a positive impact on society, too. In his annual letter to CEOs sent Tuesday, Laurence Fink,...
General Electric’s profligate past is haunting its future. A fresh $6.2 billion post-tax charge relating to reinsurance — a business the company left over a decade ago — shows the challenge of managing a conglomerate. As the chief executive John Flannery struggles to reshape the $163 billion company, it’s...
The airport known as Paine Field in Everett, Washington, has mainly been used by the adjacent Boeing aircraft plant, and currently has no commercial airline service (and no passenger terminal or parking). But that is due to change this fall, as both Alaska Airlines and United Airlines will begin flying...
Don't let the snow totals fool you, forecasters are warning. Snow is expected to fall on parts of Alabama on Tuesday, and where it does fall could be a nightmare for anyone venturing out on the roads. The National Weather Service is warning of possible "significant impacts" where snow does fall...
The number of people missing from last week's deadly Southern California mudslides fell to three on Monday as hundreds of rescue workers searched for survivors from the rain-driven slides that killed 20 people. A 53-year-old transient, John Keating, had been listed among the four still missing but was found safely...
CARPINTERIA, Calif. - The U.S. Highway 101 shutdown caused some chaos at the Amtrak station in Carpinteria Monday morning. Hundreds of people were packed shoulder to shoulder at the station after a train, scheduled to arrive at 10:06 a.m., was too full. Ticket holders said that when the train arrived, Amtrak...
One of the biggest diamonds in history has been discovered in the mountainous kingdom of Lesotho in southern Africa. Gem Diamonds found the 910-carat stone, about the size of two golf balls, at its Letseng mine in the country. It’s a D color Type IIa diamond, which means it has...
  Fifty people jumped more than 10 feet into frigid winter waters after the shuttle ferrying them to a casino ship off the Florida Gulf Coast caught fire Sunday, authorities said. All 50 people made it safely to shore, the Coast Guard, which is leading the investigation, told NBC News on...
A Pegasus Airlines flight skidded off the runway of a Turkish coastal airport and plunged down a steep slope on the edge of the Black Sea, ending up only meters from the water’s edge. None of the 168 people on board was hurt in the incident, but passengers spoke of...
Elaborating on the origins of Saturday’s false alarm, which went uncorrected for nearly 40 minutes, spokesman Richard Rapoza said the employee who mistakenly sent the missile alert “has been temporarily reassigned” to other duties. Rapoza said an internal investigation of the blunder would be completed by week’s end and that...
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