Sec. Rick Perry: CO2 not main climate change driver; ‘neanderthal’ label for skeptics wrong

U.S. Energy Secretary Rick Perry told CNBC on Monday he does not believe carbon dioxide emissions from human activity are the main driver of climate change, joining the EPA administrator in casting doubt on the conclusion of some of the government’s top...

Boeing planning on hypersonic jets for commercial flights, though the Concorde’s memory lingers

It sounds like pure fantasy. Boeing sees the day coming when you board a plane in New York City and land two hours later in Shanghai, China. “I think in the next decade or two you’re going to see them become a reality,” said Boeing Chairman and CEO...

Wall Street is bailing on its one-time retail darling Costco after Amazon’s deal for Whole Foods

Wall Street is increasingly worried about Amazon’s threat to Costco after the e-commerce giant’s $13.7 billion deal to buy Whole Foods Market. Costco shares fell 7 percent Friday on the news.And now one trading day after Goldman Sachs downgraded Costco,...