The FAA administrator's comments come on the eve of his visit to Boeing facilities outside Seattle, Washington. While there, he's scheduled to meet with Boeing executives and...Airlinesread more
CBS, CNN and other major media companies are starting to pull e-cigarette advertising off their airways, as the death toll from a mysterious vaping-related illness continues...Health and Scienceread more
Investors largely expected the FOMC to cut rates by a quarter point.The Fedread more
As the Fed was meeting to consider cutting interest rates, it lost control of the very benchmark rate that it manages.Market Insiderread more
For the past six years, Facebook has tried over and over to release a hardware product that consumers will want, and it has never succeeded.Technologyread more
AT&T is considering selling DirecTV, according to a report in the Wall Street Journal.Technologyread more
The Fed cut interest rates by a quarter point, but it also reaffirmed its rate cut was meant to serve as insurance for the economy.Market Insiderread more
President Barack Obama spoke at an event in San Francisco on Wednesday hosted by software company Splunk and addressed how tech can help solve problems.Technologyread more
Disney CEO Bob Iger writes in his autobiography that he believes he would have discussed combining Disney with Apple had Steve Jobs lived.Technologyread more
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Microsoft shares rose 1% after hours as it announced plans to raise its dividend and authorized as much as $40 billion to buy back shares.Technologyread more
With equity levels continuing their climb higher, outgoing TD Ameritrade CEO Fred Tomczyk described the investing climate as "very difficult."
"Now we're in a very different point in the market," Tomczyk told CNBC's "Closing Bell" on Tuesday. "The equity market's at historical levels. The bond market's at historical levels, so it's a very difficult time for investing. I think the main thing is to keep investors focused on the long term."
Last fall, Tomczyk announced plans to leave the company at the end of the 2016 fiscal year, which will conclude on Sept. 30.
Tomczyk said it was the right time to leave, having taken over in 2008 and overseen the company's recovery from the financial crisis.
Also appearing on CNBC, his successor and TD Ameritrade's President Tim Hockey said that for his company's long-term investors, there's been a shift from traditional mutual funds to ETFs.
Hockey also said that cash levels are declining in terms of a percentage of their holdings within the company.