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    Yahoo Finance's LIVE stock market coverage and analysis.

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  • Inside the world of Silicon Valley's 'coasters' — the millionaire engineers who get paid gobs of money and barely work
    Business
    Business Insideryesterday

    Inside the world of Silicon Valley's 'coasters' — the millionaire engineers who get paid gobs of money and barely work

    The most open secret in Silicon Valley is called "resters and vesters," or "coasters" – which refers to engineers who get paid big bucks without doing too much work, waiting for their stock to vest. On a sunny summer morning, a Facebook engineer woke up to go to work but felt ill. "I thought I was getting sick," the engineer recalled.

  • ‘Nothing To See Here’ - Frackers Ignore Rising Well Decline Rates
    Business
    Oilprice.com17 hours ago

    ‘Nothing To See Here’ - Frackers Ignore Rising Well Decline Rates

    The Permian basin is starting to see decline rates from shale wells accelerate, a trend that could be the result of too much drilling. Shale wells suffer from steep decline rates. A rush of output occurs at first, but almost immediately after the well

  • Boeing Cuts a Deal for Air Force One and Russia Has Nothing to Do With It
    Business
    The Street2 hours ago

    Boeing Cuts a Deal for Air Force One and Russia Has Nothing to Do With It

    Boeing Co.  (BA) , enjoying a year when everything has seemed to work out, caught another break last week: It sold two unclaimed aircraft to the Air Force. The two 747-8s are sitting in the Mojave Desert in Victorville, Calif., at a facility that stores retired or otherwise unused aircraft. Boeing originally sold them to Transaero. But the Russian airline never claimed them. It stopped flying in 2015. Boeing has searched for a buyer, while President Trump has sought an inexpensive way to replace the existing Air Force One presidential aircraft. These interests came together Friday, when the Air Force said it had reached agreement to buy the two planes from Boeing. Some of the press coverage focused