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Global Reveal Of 2016 Cadillac ATS-V

Posted On November 19, 2014

(Los Angeles, CA) -- Cadillac is introducing its 2016 Cadillac ATS-V at the Los Angeles Auto Show. ATS-V-Series Chief Engineer Tony Roma says this is the brand's first entry into the compact luxury performance segment.   He says it'll go from zero to 60 in less than four seconds, no surprise given that there is…

Stocks Close Down After Fed Minutes Review

Posted On November 19, 2014

(New York, NY) -- Stocks closed down Wednesday after investors reviewed minutes from the Fed's latest policy meeting. The Dow Jones Industrial Average began the day with sharp losses and turned positive in the afternoon before closing two points down at 17-686. The Nasdaq fell 27 points to 46-76 and the S&P lost three points to…

Fed Minutes Indicate Rate Hikes Could Come Next Year

Posted On November 19, 2014

(Washington, DC) -- The Fed appears to be leaning toward raising interest rates next year. The minutes from its October meeting released Wednesday indicate several members think the Federal Reserve needs to be more vocal about the coming rate hikes. With inflation low and the global economy still weak, some are expecting the hikes to…

JetBlue To Add Bag-Check Fee

Posted On November 19, 2014

(New York, NY) -- JetBlue is rolling out a new bag-check fee to help boost revenue. The company outlined the move to shareholders today as part of a plan to increase income by 400-million dollars starting in 2017. JetBlue is one of the few airlines not already charging a fee for checked luggage.

Economic Impact of Ebola Not As Bad

Posted On November 19, 2014

(Johannesburg) -- The Ebola epidemic did not break the World Bank. The bank's chief economist for Africa says they expect the impact of the epidemic on the sub-Saharan economy to be three to four-billion dollars, well below the worst-case scenario figure of 32-billion dollars. World Bank economist Francisco Ferreira said Wednesday that the economic risk…