'Will the Fed spend trillion of dollars, every year, forever to support the market?' asks billionaire Howard Marks

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'Will the Fed spend trillion of dollars, every year, forever to support the market?' asks billionaire Howard Marks

Billionaire investor Howard Marks appeared to have more questions than answers during a Tuesday interview with CNBC. And that is perhaps for a good reason. No one truly knows the ramifications of an unprecedented array of stimulus measures enacted …
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Proposed Tesla factory, incentives, draw mixed reaction

Tesla officials Tuesday touted the benefits to the Austin region if it builds its proposed $1 billion electric vehicle factory in southeastern Travis County, telling county commissioners during a meeting that many of the 5,000 jobs created would provide needed …
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SDG&E and SoCalGas get new CEOs

San Diego Gas & Electric and Southern California Gas Company, two of Sempra Energy’s most prominent subsidiaries, have new CEOs in the wake of changes near the top of Sempra’s corporate hierarchy. Caroline Winn has been promoted from chief …
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Merck's next-gen pneumococcal vaccine puts the heat on Pfizer with phase 3 wins

Merck and Pfizer are racing their next-gen pneumococcal vaccines to the finish line in a multibillion-dollar field. But while Merck this week posted two trial wins, they won’t be enough to secure it a lead in the market-share battle to come, one analyst predicts.
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Bagged Grocery Store Salad Sickens More Than 100 in 7 States

DES MOINES, Iowa — A recalled bagged salad distributed to a dozen Midwestern states by grocery stores has sickened 122 people in seven states and sent 19 to the hospital, the U.S Centers for Disease Control and Prevention said Tuesday. The salad …
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