Lockheed Martin 'Close' To New F-35 Deal

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Lockheed Martin Corp. Chief Executive Marillyn Hewson said Friday the company was close to reaching a deal on the next batch of F-35 combat jets, remarks that followed another meeting with President-elect Donald Trump.

Geopolitical Worrywarts May Have Their Day at Davos

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It is time to pay more attention to the geopolitical party poopers at Davos. While the world certainly hasn’t been peaceful, several years have gone by since a conflict or act of terror had a meaningful global economic impact. This year, though, economic ripples from latent conflicts are a realistic threat.

Xi Strides Into Davos, Problems Lurking Behind

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A year ago, China came to Davos with one highly important task: calm the world down about its tottering financial markets. A year hence, many of those problems have been swept under the rug.

Central Banks Drop Their Bazookas

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A range of forces—including political blowback, whiffs of inflation, stirrings of fiscal stimulus and worries that the policies themselves may backfire—are pressing central-bank chiefs to push short-term interest rates no lower.

How Electric Vehicles Could End Car Ownership as We Know It

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Prepare for a Cambrian explosion of electric vehicles—scooters and other “rideables” that will speed up the adoption of self-driving technology and turn transportation into a service, Christopher Mims says.

SpaceX Launches Rocket With 10 Iridium Satellites

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Space Exploration Technologies Corp. successfully launched its Falcon 9 rocket, rebounding from a catastrophic accident in September.

EPA Emissions Probe Tilts Odds Against CEO's Goals for Fiat Chrysler

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Sergio Marchionne’s hopes of leading the car maker back to financial health seem remote, as the company faces accusations and the potential of billions of dollars in fines.

Car Buyers, Online Shoppers Lifted U.S. Retail Sales in December

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Americans splurged on cars and online shopping during the holidays, but not much else. Sales at U.S. retailers and restaurants rose 0.6% in December from a month earlier.

Consumers Confident but Not Enough to Spend

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Americans say they’re feeling more upbeat about the economy. Retailers will be forgiven if they don’t quite believe that. Retail sales rose 0.6% in December, a result that fell slightly short of economists’ forecasts.

EPA Action Highlights Fiat's Financial Weakness

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It’s still early in Fiat Chrysler’s regulatory drama, but it looks like the company is in a better position versus the regulators than Volkswagen. It’s the company’s finances that make it vulnerable.

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