Top aerospace engineering firm Electroimpact cuts staff by 9 percent

SEATTLE — Engineering firm Electroimpact of Mukilteo, Wash. — which supplies aerospace giants Boeing and Airbus with manufacturing equipment — has hit a lull in the cycle of new airplane work and is laying off 66 employees, about 9 percent of its workforce. “The reason is lack of work. What we’re missing now is a monster… Please follow and like us:

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How to use the new & improved Google Flights to save money

The air travel industry has face some turbulent times lately, with factors like rising fuel costs and tightening corporate travel policies presenting particular challenges. That’s not to say that the sky is falling: Most air carriers are still enjoying big profits and in 2017 airlines enjoyed their safest year on record, as no fatalities involving jets… Please follow and like us:

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HSBC in $100 million forex fraud settlement

British financial giant HSBC has agreed to pay more than $100 million to US authorities after admitting to defrauding clients during multi-billion-dollar foreign exchange transactions, the Justice Department announced Thursday. The settlement follows an indictment handed down Wednesday against a former Barclays trader similarly accused of defrauding the former California computing giant Hewlett-Packard by manipulating foreign… Please follow and like us:

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Donald Trump hails economy after first year

President Trump marks his first year in office Saturday riding a wave of strong economic news, including a record-high stock market, a low unemployment rate and computer giant Apple’s decision to bring back hundreds of billions of dollars from overseas and create 20,000 U.S. jobs, spurred by Republican tax cuts. For the past year, Mr. Trump… Please follow and like us:

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TransCanada says it has secured enough customers to proceed with Keystone XL pipeline

SALT LAKE CITY — The Canadian pipeline company that set out a decade ago to build the $8-billion Keystone XL oil pipeline across the Great Plains said Thursday it had secured enough shipping orders to proceed with construction. A statement released by TransCanada stopped short of making a commitment to construct the 1,189-mile pipeline from Hardisty,… Please follow and like us:

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China’s Economy grows by 6.9 percent in ’17

Industrial output continues at brisk pace, climbing year-on-year China’s economic growth beat forecasts to reach 6.9 percent year-on-year in 2017, marking the first acceleration since 2010 despite financial regulatory tightening and measures against pollution that affect growth. Analysts said as growth stabilizes, the country will strengthen regulations and reforms to pursue high-quality development. GDP growth in… Please follow and like us:

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Anger as Wells Fargo accidentally wipes out some customer bank accounts

Some Wells Fargo customers found their bank accounts drained to zero Wednesday when some sort of glitch caused their online bill payments to be processed twice. Numerous customers — so many that Wells Fargo’s customer service phone lines were jammed Wednesday night — were discovering that recent payments they had made using the bank’s online Bill… Please follow and like us:

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Oil market heads towards ‘smooth rebalancing’: OPEC

After long years of punishingly low oil prices, the global oil market is moving closer to reaching a healthy balance between supply and demand, OPEC said on Thursday. In its monthly oil market report, the Organization of Petroleum Exporting Countries said there were “growing indications that the oil market is heading smoothly toward rebalancing.” Prices were… Please follow and like us:

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Report: Netflix, Amazon, movie studios file suit against Dragon Box streaming device

It’s no secret that TV is having a renaissance right now. With the rise of streaming, smartphones and internet TV, an assembly line of scripted shows, movies and documentaries about all sorts of topics are in production. Along with sparking fierce competition, this has put high demand on the technology it takes to watch these content.… Please follow and like us:

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Mulvaney’s first funding request for the Consumer Financial Protection Bureau: zero

WASHINGTON — In his first quarterly funding request as acting director of the Consumer Financial Protection Bureau, Mick Mulvaney is asking for nothing. “This letter is to inform you that for the Second Quarter of Fiscal Year 2018, the Bureau is requesting $0,” he wrote Wednesday to Janet L. Yellen, chair of the Federal Reserve, which… Please follow and like us:

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New study: Aldi, Walmart and Kroger drop prices when Lidl opens nearby

Lidl, the German discount supermarket chain known for high quality and low prices, has opened dozens of stores in the United States over the past six months. But what effect is Lidl really having on the grocery wars? A new report says it’s forcing other retailers to lower their prices! RELATED: How I cut my food… Please follow and like us:

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The Kinder Morgan pipeline and Pacific salmon: Red fish, black gold

By Sarah L. Alderman, Research Associate in Environmental Physiology, University of Guelph. Sockeye salmon need strong hearts to migrate long distances. An oil spill could hurt their survival. (AP Photo/Gary Stewart, File) Amid continued controversy, Kinder Morgan is poised to break ground on its $7.4 billion Trans Mountain Expansion Project. When the pipeline is complete, it… Please follow and like us:

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Uninsured rate rose in Donald Trump’s first year: Gallup poll

An estimated 3.2 million Americans became uninsured during President Trump’s first year, Gallup said Tuesday in a survey that says rising premiums, declining competition in Obamacare markets and confusion over the GOP’s repeal plans drove the losses. The polling company said the uninsured rate stood at 12.2 percent at the end of last year, an increase… Please follow and like us:

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Cryptocurrency Market Rebounds After Recent Decline

Cryptocurrency Market Rebounds After Recent Decline NEW YORK, January 16, 2018 /PRNewswire/ – Cryptocurrency Market According to data from Coinmarketcap, the total market capitalizations of 1419 cryptocurrencies were valued at about $700 billion on Friday. Recent news from South Korea planning to ban cryptocurrency trading, sent most of the digital currencies’ prices lower last Thursday. However,… Please follow and like us:

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Real Estate, Stock Market, Business and Economic U.S. Market Trends in 2018

At FAS CPA & Consultants we are committed to bring extra value to our current and prospective clients. This year, we are including a new feature in our blogs – quarterly reports to investigate, digest and present the economic, investment and real estate market trends in 2018. If you haven’t yet subscribed, now would be a… Please follow and like us:

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