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Haiti On Ice

Haiti On Ice

ŽHaitians practice their ice skating skills at a basketball gym that

has been transformed to host the upcoming event, "Haiti On Ice" in

Port-au-Prince, Haiti. Organizers originally tried to hold the show

outdoors, but they finally

surrendered to the heat and moved indoors. But it'€™s still August, and

it costs $1,600 an hour to run the generator that keeps the ice cold.

Doubters said it was crazy to try to put on an ice show in the blazing

Caribbean heat that bakes the hemisphere's poorest country. Yet, after

nearly a year of postponement after postponement, it looks as if the ice

show will actually happen. This weekend. Maybe. If the ice doesn't


  • In Lawsuit, More Young Women Accuse Trump of Being a Sexist Pig
    The Fiscal Times

    In Lawsuit, More Young Women Accuse Trump of Being a Sexist Pig

    Donald Trump’s tactically dubious decision to continue his attacks on a former Miss Universe over her weight gain following a disastrous performance in the first presidential debate have caused the question of his treatment of women to flare up yet again. The latest flare-up apparently prompted the Los Angeles Times to go digging through depositions filed as part of a class action lawsuit against a Trump golf club in California in 2012, where reporters unearthed multiple examples of former Trump employees testifying that Trump had, both personally and through the atmosphere he created at his property, engaged in extremely sexist behavior toward women, some of them quite young, who worked for him. The lawsuit, Messerschmidt v. Trump National Golf Club, was not actually about sexual discrimination or mistreatment, but about work hours.

  • Business
    American City Business Journals

    American Airlines' new uniforms causing hives, headaches

    With great fanfare, American Airlines introduced new uniforms on Sept. 20. Now the outfits are giving the world's largest carrier and hundreds of its employees real headaches. Sources report that more than 400 AA flight attendants have informed their union and company management that they have broken out in hives and begun to experience itching and headaches since they first slipped into the new uniforms — the first new designs for many in the airline's employee ranks in decades.

  • DBK.DE

    Cramer: The negative effect that Deutsche Bank will have on your money

    With the price of oil up, Jim Cramer expected Thursday to be a great day for the market. Instead, worries over Deutsche Bank (XETRA:DBK-DE), the biggest bank in Germany, had ripple effects all over the world. "So if a company like Deutsche Bank may be having real problems, and that's sure how it looks with the stock down 6.7 percent today, then several things are going to play out, and none of them are good," Cramer said.

  • Behind the life and death of a star money manager accused of insider trading
    Business Insider

    Behind the life and death of a star money manager accused of insider trading

    About a year before Sanjay Valvani's wife found him dead inside his Brooklyn Heights home, the star money manager learned he was under investigation for insider trading. Valvani drove profits at Visium Asset Management, an $8 billion New York hedge fund that had been on the rise.

  • How new technology could replace millions of call center jobs in the Philippines

    How new technology could replace millions of call center jobs in the Philippines

    You need help with your bank account or advice about your mortgage. You call the help line. And then, after a lengthy wait, tapping more information into your phone and being transferred to the right department, you reach a call center worker, an actual human being. By that point, however, you might not be feeling warm and patient. Usually, the person absorbing your frustration is in the Philippines—the call center capital of the world. (For years, India had more call center workers than any other nation, but more recently U.S. companies began relocating to the Philippines, where people speak American English, rather than the British variety.) The country is 12 or 13 hours ahead of Eastern Standard

  • ‘Housing party’ in the U.S. may be coming to an end

    ‘Housing party’ in the U.S. may be coming to an end

    The focus has been less on housing but more on inflation data in FOMC circles recently, but on Thursday, we received very weak pending-home-sales data that puts housing front and center again. Housing was humming along, so to speak, with interest and mortgage rates still low, but in August something very interesting happened. Pending home sales fell by 2.5% in August, suggesting that potential buyers were apprehensive. What might make buyers apprehensive in a housing market that has been driven by extremely low mortgage rates? We could easily point the finger to the risk of higher rates, but that usually has a spurring influence on the purchasing decision, so we need to look at that in another

  • CHK

    Chesapeake Cashes In on Its 300% Rally

    Earlier this year, Chesapeake Energy was essentially left for dead by both bond and stock investors. Its shares plunged to the lowest since 1999 and its bonds were trading at less than 20 cents on the dollar.But Chesapeake, the second-biggest U.S. natural

  • News
    Business Insider

    NATIONAL POLL: Clinton gets a post-debate bump

    But Trump is leading among independents.

  • U.S. to OPEC: Don’t Drill, Baby, Don’t Drill
    Foreign Policy Magazine

    U.S. to OPEC: Don’t Drill, Baby, Don’t Drill

    OPEC, the dysfunctional cartel that has gifted case studies in the “prisoner’s dilemma” to business schools for years, unveiled an agreement to potentially cap oil production this year in what amounts to a last-ditch effort to shore up the price of crude after a costly two-year nosedive. If implemented — and all the details must still be worked out — such a cap on production could nudge crude prices higher. Since the OPEC oil embargo and gas lines of the early 1970s, the United States has tried to convince Saudi Arabia, Venezuela, Russia, and other big producers to keep the taps open so that oil remains abundant and affordable.

  • Xbox boss Phil Spencer discusses Mattrick era and Xbox One's failed focus on TV and Kinect
    International Business Times UK

    Xbox boss Phil Spencer discusses Mattrick era and Xbox One's failed focus on TV and Kinect

    Phil Spencer, head of Microsoft's Xbox gaming division, has been talking frankly about the Xbox One's botched console launch and the business strategies that lead to his predecessor's departure from the company, his appointment to the top job and Xbox's complete change of approach. Speaking to Stevivor, Spencer was quick to point to his long history with the company and with Xbox since the original console launched in 2001. "I was on the leadership team when [previous head] Don [Mattrick] was running Xbox. I ran first-party studios," he said. "The goal that the team had was to figure out how could we sell 200 million game consoles. We've never seen a console sell that many units. The biggest

  • Star Wars Death Star's famed feature was a complete accident

    Star Wars Death Star's famed feature was a complete accident

    When Colin Cantwell makes a mistake, legends are born. Cantwell, 84, was a concept artist and spacecraft designer on the original "Star Wars" film, at the time called "The Star Wars." That's certainly not all he's done, but for some sci-fi fans, that alone would be enough. In a Reddit Ask Me Anything on Tuesday, Cantwell discussed his contributions to space and sci-fi history, including a certain Death Star trench that turned out to be a happy accident for the Rebel Alliance.

  • What Donald Trump Doesn’t Seem to Understand About US Nuclear Weapons
    The Fiscal Times

    What Donald Trump Doesn’t Seem to Understand About US Nuclear Weapons

    Donald Trump and Hillary Clinton didn’t agree on much during their acerbic debate faceoff earlier this week, but one of the topics on which they found common ground was nuclear weapons. Then he went on to criticize America’s nuclear capabilities compared to those of Russia. What Trump saw “the other night” might have been a 60 Minutes report last Sunday that suggested the risk of nuclear conflict was rising as Vladimir Putin’s Russia looks west, sees weakness and thinks that in a conflict with NATO, a nuclear strike might shock the alliance into submission.

  • Are You Being Realistic About Your Retirement Prospects? Do This Reality Check

    Are You Being Realistic About Your Retirement Prospects? Do This Reality Check

    Nearly 60% of those polled for TIAA’s recently released 2016 Lifetime Income Survey said they’re confident they’ll be able to turn their savings into income that can support them in retirement. Unfortunately, fewer than half of the people surveyed know how much they have in those accounts or have tried to assess how much retirement income their savings can actually generate. Here are three key questions you should ask yourself to ensure your planning reflects a realistic assessment of your retirement prospects.

  • A looming sears bankruptcy could obliterate its landlord seritage
    The Street

    A looming sears bankruptcy could obliterate its landlord seritage

    Prospects that Sears Holdings (SHLD) could be bankrupt within two years soon could send investors in real estate investment trust (REIT) Seritage Growth Properties (SRG) running for the exit. Shares in Seritage are up about 28% this year even amid signs that the REIT, spun off from Sears last year to raise about $2.7 billion in cash, could face serious cash-flow problems if Sears goes under. The latest questions about Sears' viability arrived on Wednesday, when Fitch Ratings said the company posed "significant default risk" within the next 12 to 24 months due to years of weak store traffic and high levels of debt. At issue for Sears, which is battling declining cash flow amid a prolonged stretch of losses, is repaying some $2.8 billion in high yield bonds and institutional term loans coming due in the next few years.

  • This Woman Is Suing Whole Foods For Harassment

    This Woman Is Suing Whole Foods For Harassment

    Last week, Jennifer Johnston of Boulder, Colorado, filed a lawsuit against her former employer, Whole Foods, alleging that her supervisor harassed and discriminated against her for being gay. The lawsuit and a petition posted by Johnston's lawyer outline the abuse of the supervisor, Tawny Duckworth, who Johnston says ridiculed her shoes and clothes, made offensive comments to her based on stereotypes of "butch" women, and asked invasive questions about her sex life with her wife, whom Johnston married in 2014. “She told me that I looked ‘unfuckable’ and that only gay people wear Crocs, which I took offense to,” Johnston told CBS4.

  • Business

    Amazon Will Deliver Their Own Packages

    Based on experiments at Los Angeles International Airport I conclude that Amazon’s management is bent on bettering UPS, FedEx and USPS by building out its own delivery service to customers in major cities. Amazon is delivering packages in Los Angeles, which is likely to be the beginning of a significant challenge to the freight carriers who have serviced the company so far. This would mean Amazon delivers merchandise with its own staff and own trucks and eventually stops using UPS and FedEx. To help oversee the transition to such a company-owned delivery system, Tim Collins, a 16-year veteran of Amazon who left two years ago to join Uber Technologies, has returned to Amazon as vice president of global logistics.

  • News
    CNBC Videos

    Mark Cuban asks if Trump has rewarded employees

    In a tweet, the businessman asks how many employees Donald Trump has turned into millionaires.

  • Alarm symptoms missed in bowel cancer emergency patients
    BBC News

    Alarm symptoms missed in bowel cancer emergency patients

    One in five bowel cancer patients diagnosed in an emergency had "red flag" symptoms that should have been picked up earlier, a study in the British Journal of Cancer suggests. And 16% of emergency bowel cancer patients had seen their GP three times or more with relevant symptoms. Overall, these symptoms were less common in patients diagnosed at an emergency stage rather than earlier on. The study looked at data on diagnoses in England from 2005 to 2006. The researchers, from University College London and the London School of Hygiene and Tropical Medicine, focused on what had happened to patients in the five years leading up to their cancer diagnosis. They analysed National Cancer Registry data

  • This OPEC deal shows that Saudi Arabia's oil strategy has 'backfired on them'

    This OPEC deal shows that Saudi Arabia's oil strategy has 'backfired on them'

    "The big takeaway is how into a corner the Saudis have backed themselves. This whole plan has backfired on them. They're going to be bearing most of the cutback if they pull it off, and they've had to really kowtow to the Iranians in this whole thing," Kilduff told CNBC's "Power Lunch." In April, OPEC members and Russia met in Doha, Qatar, to hammer out a deal to freeze production at January levels. But Saudi Arabia scuttled that plan when its regional rival, Iran, refused to participate. Ahead of the meeting in Agiers, Saudi Arabia softened its stance, reportedly offering to cut its own production if Iran agreed to freeze its current output at roughly 3.6 million barrels a day. On Tuesday, the

  • BA

    Boeing Said Nearing $6.7 Billion Qatar Air Deal for 787, 777

    Boeing Co. is nearing an agreement with Qatar’s flagship airline for a multibillion-dollar commercial jet order, following U.S. approval of a long-stalled sale of F-15 fighter jets to the Persian Gulf nation. Qatar Airways is in late-stage talks to acquire at least 30 Boeing wide-body jets and would take 787 Dreamliner and 777 models, said the people, who asked not to be identified because the talks are private. Akbar Al Baker, chief executive officer of government-owned Qatar Airways, told reporters in late August that the carrier was poised to make a “large” aircraft purchase, adding to its backlog of orders for Boeing and Airbus Group SE planes.

  • Caterpillar is breaking out to new highs -- and headed even higher
    The Street

    Caterpillar is breaking out to new highs -- and headed even higher

    Shares of Caterpillar  ( CAT) are moving well today. The stock is up over 2%, making it one of the top gainers in the  Dow Jones Industrial Average. This powerful breakout-type move has driven Caterpillar to new September highs. The stock's 10-week consolidation appears to be giving way to a new rally leg. After back-to-back strong gains in late July, Caterpillar ran out of momentum. As the month came to a close, it was clear that the stock was entering a consolidation stage. In August, Caterpillar made a slightly higher high while it held in a very narrow range. This healthy action continued into September as the stock held above a very solid support zone near $80. Just last week, Caterpillar

  • Andrea Tantaros Refuses ‘Seven Figure’ Settlement Offer from Fox News to Drop Harassment Case

    Andrea Tantaros Refuses ‘Seven Figure’ Settlement Offer from Fox News to Drop Harassment Case

    The attorney for former Fox News Channel personality Andrea Tantaros said Wednesday the host had turned down a settlement offer in the  “seven figures” and would continue to press her case alleging harassment by senior executives at the 21st Century Fox-owned cable-news outlet. The legal development threatens to fan the flames of a controversy that the network and its parent hope to extinguish: Roger Ailes, the leader of the network and architect of its popular and influential programming, was ousted in July in the wake of a lawsuit filed by former Fox News anchor Gretchen Carlson alleging sexual harassment by the executive. “As has been widely reported, Fox News previously offered Ms. Tantaros seven figures to renounce her harassment claims against Ailes (and others) in exchange for her eternal silence,” said Judd Burstein, a lawyer representing Tantaros in the matter, in a statement.

  • FitBit shares drop after analyst downgrade

    FitBit shares drop after analyst downgrade

    Brad Erickson, an analyst for Pacific Crest, said in a note to clients on Wednesday that sales for FitBit's new flagship product, Charge 2, was off to slow initial sales and recommended investors to sell their shares. FitBit announced the release to major retailers worldwide in a press release on Monday. FitBit continues to face stiff competition in the wearable devices industry from products like the Apple (AAPL) Watch.

  • Why millennials like to lease cars

    Why millennials like to lease cars

    More millennials are jumping into their own cars this year, despite the stereotype that they only get around on bikes and in ride-sharing services like Uber and Lyft. The age group made up more than a third of all auto loan originations in 2015, according to Dealertrack, a dealership network under Cox Automotive, which owns Kelley Blue Book and AutoTrader. Dealertrack defines millennials as 18-34 year olds. Such a trend may temper the automotive industry’s concerns that millennials will abandon car ownership. “There is a fear that this demographic group was only going to focus on ride-sharing and Ubers, and would not be interested in a car,” said Jason Barrie, vice president of market performance

  • Business
    American City Business Journals

    SAIC to build first amphibious combat vehicle hull next month, deliver vehicles in February

    McLean-based Science Applications International Corp. (SAIC) will build the hull for its first Amphibious Combat Vehicle (ACV) prototype in the next month, and plans to start delivering them to the U.S. Marine Corps between February and April, company executives said in a briefing with reporters Wednesday at Modern Day Marine in Quantico. CEO Tony Moraco outlined a rough timeline for its Marine vehicle programs earlier this month in an earnings call with analysts, but got a little more detailed Wednesday. On display at the exhibition were both SAIC’s Amphibious Assault Vehicle Survivability Upgrade (AAV SU) — a more than 40-year-old, up-armored forcible-entry vehicle that the company has upgraded to confront emerging threats — and a preproduction model of its ACV.