Heavy rain forced all schools, government offices and the stock exchange to close on August 19, as waist-deep water flooded parts of Manila.
Heavy rain forced all schools, government offices and the stock exchange to close on August 19, as waist-deep water flooded parts of Manila.
Ted: Let me see if I understand, the majority of Americans don't count if that majority elects a Democrat. But if they elect a Republican then it's Okay. Who the hell do these yahoo's think they are that they can nullify a vote because it doesn't fit their narrative. I see if you are a Republican, then you are a Patriot if you win but a Partisan if you lose, and it is Okay to put your loyalty to your party but not to your country, if you are not the party in power? Man you guys are not only stupid you are also mental!
Looking for a career change that might involve farmhouse furniture, Christmas decorations, and plenty of bakery goodies? Magnolia Market, Joanna Gaines' furniture retailer and bakery located at the Silos in Waco, is hiring more staffers to join their teams for the holiday season, the brand announced on Instagram. If you have a knack for preparing tasty treats, for example, Magnolia Flour is looking for bakery sales associates and a baker.
Apple appears to have leaked images of its next-generation laptop ahead of a press conference on Thursday. The photos support claims that the Macbook Pro will include a panel above its keyboard that replaces physical function keys with a thin display showing touch-sensitive text and graphics, and a fingerprint sensor. The images were discovered in an update to the MacOS operating system and first appeared on the MacRumors news site. Such "accidents" are not uncommon. In September, Apple tweeted and then deleted a video showing off the iPhone 7's new features ahead of its launch. Earlier in April, it referred to MacOS on its website two months before officially revealing it was rebranding the
McDonald's turnaround is facing a major roadblock. The email was summarizing a September meeting between McDonald's executives and franchise leaders. McDonald's did not immediately respond to Business Insider's request for comment on the documents.
By Kate Kelland LONDON (Reuters) - The World Health Organization's cancer agency - which is facing criticism over how it classifies carcinogens - advised academic experts on one of its review panels not to disclose documents they were asked to release under United States freedom of information laws. In a letter and an email seen by Reuters, officials from the International Agency for Research on Cancer (IARC) cautioned scientists who worked on a review in 2015 of the weedkiller glyphosate against releasing requested material. The review, published in March 2015, concluded glyphosate is "probably carcinogenic," putting IARC at odds with regulators around the world.
Heavy equipment maker Caterpillar ( CAT) took the wrecking ball to its 2016 results, bringing down sentiment about the health of the world economy in the process. Caterpillar reported Tuesday a third-quarter profit of $283 million on sales of $9.2 billion, down from a revised $559 million profit on $11 billion in sales in the same quarter a year prior. For the full year, Caterpillar said it now expects sales of $39 billion compared to previous guidance of between $40 billion and $40.5 billion. The results continue a bad run for Caterpillar, which has attempted to weather weakness in the commodity and energy markets that has led to more than three years of flat to down month-over-month sales by slashing 20% of its global workforce and restructuring its operations.
That overstuffed wallet of yours can’t be comfortable to sit on. It’s probably even too clunky to lug around in a purse, too. And with every new bank slip that bulges from the seams, your personal information is getting less and less safe. With just your name and Social Security number, identity thieves can open new credit accounts and make costly purchases in your name. If they can get their hands on (and doctor) a government-issued photo ID of yours, they can do even more damage, such as opening new bank accounts. These days, con artists are even profiting from tax-return fraud and health-care fraud, all with stolen IDs. We talked with consumer-protection advocates to identify the eight things
Under Armour (NYSE:UA) CEO Kevin Plank is starting to sound like a broken record and investors are losing patience. The stock is seeing its biggest single-day loss in eight years, amid heavy volume, even as Plank downplayed concerns about the company’s declining growth rate on Tuesday. This doesn’t mean the demand for the Under Armour brand has disappeared, but it certainly hasn’t reappeared dollar-for-dollar in our distribution,” a seemingly-frustrated Plank said during post-earnings conference call.
Newly appointed Wells Fargo CEO Tim Sloan told employees Tuesday that he is "sorry for the pain" that the bank's employees have suffered as a result of the company's sales practices scandal. In the speech, Sloan acknowledged that the bank did not respond to the problems in its branches soon enough and that upper management dodged responsibility for the bad behavior and wrongly placed blame on branch employees. Wells Fargo is enveloped in the biggest scandal in its 164-year history, which earlier this month forced the abrupt retirement this month of its CEO, John Stumpf .
A rising number of retirees are cashing in their pension pots but the amount they typically withdraw has fallen, figures show. Savers can now cash in their pension pot from the age of 55. When the access was permitted for the first time last year, people were taking out sums averaging close to £20,000. The latest tax authority figures show typical withdrawals have fallen to about £10,000. This is evidence of retirees using the pension reforms to cash in smaller pension pots or taking part of their savings in cash while leaving the rest invested in a scheme. Previous research has suggested that the most popular use of the cash is for home improvements. Pension changes People aged 55 and over can
Oct. 25 -- At a rally in Tallahassee, Florida, Donald Trump responds to Vice President Biden’s remark that he’d like to take the GOP nominee “behind the gym.”
Retirement investing is not what it used to be. In the old days, one could just invest in the “safe” stocks to buy, in “blue chips,” in a nice ladder of bonds, and do just fine. Alas, the market has significantly changed. Much of this is due to the historically low interest rates we’ve had. The problem with the Federal Reserve’s attempt to goose the economy is that it killed bond yields, forcing retired investors further out onto the risk curve, making it difficult to find safe stocks to buy. That has pushed stock prices far higher than they should be, if one subscribes (as I do) to the Peter Lynch theory that a stock’s price should reflect its net income growth rate to be added to a list of
Oct. 26 -- Republican presidential candidate Donald Trump holds a two percentage point advantage over Democrat Hillary Clinton in the battleground state of Florida, according to the latest Bloomberg politics poll. Bloomberg's Marty Schenker reports on "Bloomberg Surveillance."
Electric car maker Tesla Motors Inc. posted its first quarterly profit in three years on Wednesday, giving investors reason to cheer after months of doubt. Tesla reported net income of $21.9 million, or 14 cents per share, in the third quarter, up from a loss of $229.9 million in the July-September period a year ago. Revenue more than doubled to $2.3 billion. That included $149.7 million in non-automotive revenue — up 78 percent from last year — as Tesla's energy storage business grew. Tesla, which went public in 2010, has had only one other profitable quarter: the first quarter of 2013. But the company said it expects to report net income in the fourth quarter of this year. The results surprised
You can make a lot of mistakes in your youth … and assuming none of them get you killed or put in prison, you can generally recover from them. Time is on your side. But the closer you get to retirement, the less room for error you have. You can make a lot of mistakes in your youth … and assuming none of them get you killed or put in prison, you can generally recover from them. Time is on your side. But the closer you get to retirement, the less room for error you have. As your nest egg gets larger, investing mistakes cost you a lot more. Think about it. If you lose 30% on a $10,000 portfolio, you’re out $3,000. That might be a single after-tax paycheck when you’re young. But imagine losing 30%
Vanguard is the biggest fund company in the land, with more than $3 trillion in assets. So chances are high that many retirement savers have access to Vanguard funds in their 401(k) plans. But size is no guarantee of good results. Thirty-four Vanguard funds appear on a list of the 105 most popular mutual funds in employer-sponsored retirement savings plans. No other fund company comes close. Not surprisingly, of the 34 most popular Vanguard funds in retirement plans, 15 are index funds. And nine more are target-date portfolios—those set-it-and-forget-it funds that shift over time to more conservative allocations as the fund nears its target year. The remaining 10 are actively managed. We didn’t
From a Broadway-style marketing campaign to more exclusive toys, Target wants to lure shoppers during the final critical months of the year. Since becoming CEO two years ago, Brian Cornell has been trying to reinvigorate Target's cheap-chic status and focusing on categories like fashion, home furnishings and wellness items. Despite the contentious presidential race, Cornell believes shoppers are more upbeat about their financial situation, given low unemployment, less-expensive foods and cheaper gas.
Boeing's third-quarter profit rose 34 percent on lower taxes, and the company raised its forecast for 2016 earnings, revenue and airplane deliveries. The results beat Wall Street expectations, and Boeing shares rose in midday trading on Wednesday. CEO Dennis Muilenburg called the aircraft market "generally positive" with a "moderate" pace of sales orders.
A federal judge approved the largest auto-scandal settlement in U.S. history Tuesday, giving nearly a half-million Volkswagen owners and leaseholders the choice between selling their cars back or having them repaired so they don't cheat on emissions tests and spew excess pollution. U.S. District Judge Charles Breyer said the nearly $15 billion deal "adequately and fairly" compensates consumers and gets the polluting vehicles off the road as soon as possible. Under the agreement, owners can choose to have Volkswagen buy back their vehicle regardless of its condition for the full trade-in price on Sept. 18, 2015, when the scandal broke, or pay for repairs.
"Ask Brianna" is a Q&A column from NerdWallet for 20-somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans — all the real-world stuff no one taught us how to do in college. Send your questions about postgrad life to email@example.com. Q: I want to get an advanced degree, but I'm not sure how to pay for it. How can I get financial aid as a graduate student? A: When I was unhappy at my job in my mid-20s, I daydreamed about going back to school the way some people long for a vacation to Costa Rica. I wanted to spar intellectually with professors instead of eating sad, solo lunches at my desk. I know this makes me a big nerd,
Retirees have special concerns when evaluating state tax policies. For instance, the mortgage might be paid off, but how bad are the property taxes—and how generous are the property-tax breaks for seniors? Are Social Security benefits taxed? What about other forms of retirement income—including IRAs and pensions? Does the state impose its own estate tax that might subtract from your legacy? The answers might just determine which side of the state border you’ll settle on in retirement. These 10 states impose the highest taxes on retirees, according to Kiplinger’s exclusive 2016 analysis of state taxes. Three of them treat Social Security benefits just like Uncle Sam does—taxing as much as 85%
"A recovery in physical demand provided the foundation for the rally that carried over into later trading," HSBC analyst James Steel said in a note. Spot gold was up about 0.1 percent at $1,275.00 an ounce by 0655 GMT. U.S. gold futures settled up 0.16 percent at $1,275.6 an ounce.
Kiplinger Fidelity is home to some of the greatest stock fund managers of all time. At the top of the list is Peter Lynch, who during his tenure at Fidelity Magellan from 1977 to 1990 delivered a 29.1% annualized return. He beat out all other stock funds and bested Standard & Poor’s 500-stock index by an average of 13.5 percentage points per year. Since then, other stars have shone brightly, including Contrafund’s Will Danoff, Low-Priced Stock’s Joel Tillinghast and Growth Company fund’s Steve Wymer. The firm’s string of famous managers may explain why 22 of its funds land on a list of the 105 most popular mutual funds in employer-sponsored retirement savings plans. We set out to identify the
Investors shouldn't buy the latest round of Twitter Inc (NYSE: TWTR)'s M&A rumor, which now suggests Walt Disney Co (NYSE: DIS) is still interested in acquiring the social media company, at least according to Alan Gould of Brean Capital. Specifically, Gould suggested that Disney's CEO Bob Iger makes use of a checklist before acquiring a company, which consists of: 1) the company needs to fit in with its defined corporate strategy, 2) standalone economics and the company's outlook needs to support the acquisition price, and 3) the acquiring company needs to add value to the business and shareholders.
Steve Beck, founder and managing partner at cg42, told the San Francisco Business Times that the 14 percent of Wells Fargo customers planning to leave the bank would be far higher if not for the difficulty in moving to a new bank. No doubt Wells Fargo's rivals will be big winners if more customers exit Wells Fargo (NYSE: WFC). Credit unions, community banks and even Charles Schwab Bank (NYSE: SCHW) already appear to be benefitting from Wells Fargo's scandal. Cg42 says Bank of America (NYSE: BAC) and Chase Bank (NYSE: JPM) could also be big beneficiaries, given their national presence. On top of the 14 percent of existing customers that cg42 sees walking out the door at Wells Fargo, the consulting
I'm growing so tired of the recent trading-range action that I was hoping a bit too much that the negative reaction to Apple (AAPL) earnings and the weak action in small-caps might trigger some downside momentum. What happened instead is that the indices bounced right back and are barely unchanged. (Apple is part of TheStreet's Action Alerts PLUS portfolio.) Breadth is still dicey at 2,600 gainers to 3,900 decliners and the small-caps indices are hanging on by their fingertips to support, but the S&P 500 is showing just a minor loss. It still isn't a very good setup for buying, but the story of this market has been -- and still is -- a lack of momentum in either direction. One question we were