Mandela in critical condition

  • Laura Govan Must Pay Gilbert Arenas $110K Following STD Claims
    Business
    Vibe

    Laura Govan Must Pay Gilbert Arenas $110K Following STD Claims

    Gibert Arenas officially won a default judgment against his ex, Laura Govan. In the latest chapter of the former couple’s legal tug-of-war, Govan has been ordered to pay the former NBA player $110,110, reports TMZ. Although the judge ultimately sided with Arenas, the 34-year-old athlete, wanted seven figures from Govan.

  • In gas drilling country, the honeymoon is over on royalties
    Business
    Associated Press

    In gas drilling country, the honeymoon is over on royalties

    Jan Brown pores over his royalty statement and wonders where all the money went. A few months ago, the nation's second-largest natural gas producer siphoned $2,201 worth of gas from his 240-acre property — but paid him only $359 after taking deductions for transportation and processing. Brown, 59, who relies on the royalties as his sole source of income, says the deductions are outrageous and claims his lease forbids them.

  • Technology
    ABC News

    Samsung Tablet Causes Emergency and Diversion on Trans-Atlantic Flight

    A Delta flight from Detroit to Amsterdam had to divert to Manchester for two hours overnight Saturday into Sunday after smoke and an unknown smell developed in the passenger cabin. A Delta official and senior US official both tell ABC News that the emergency on Flight 138 was caused by a Samsung tablet. The Delta official explained that the tablet fell inside a seat and became jammed after the seat either reclined or was returned to upright. Underneath the seat cover, the tablet and foam then started smoking and passengers could smell a strange odor. The flight diverted to Manchester, where the seat was replaced entirely. After two hours on the ground, the flight was airborne en route to Amsterdam,

  • Business
    The Drive

    Multimillionaire Gym Mogul Crashes Lamborghini Murciélago, Kills Uber Driver

    J. Gerald Smith, an 82-year old Uber driver, died this week after a yellow Lamborghini Murciélago struck his Buick Enclave, which was sitting at a stop sign. Roger Wittenberns, the 60-year old multimillionaire health club mogul, was behind the wheel of the Murciélago at the time of the wreck. Mr. Smith was a retired real estate agent.

  • A legendary investor thinks electric cars will raise the price of oil
    TSLA
    Business Insider

    A legendary investor thinks electric cars will raise the price of oil

    It should come as no surprise that the rise of electric vehicles has broad implications for the price of oil. Now, you'd think that as more of the cars on the road are powered by batteries rather than petrol, demand for oil will slide. And in the long-term, that maybe true.

  • 6 Biotech and Biohealth Analyst Picks for 50% to 150% Upside
    Business
    247wallst.com

    6 Biotech and Biohealth Analyst Picks for 50% to 150% Upside

    The world of biotech and pharmaceuticals has entered into a strange period. The presidential elections have many companies under fire over price control or price gouging issues. And valuations previously had reached nosebleed levels prior to 2016. Still, investors know that a cure for cancer or a cure for rare and untreatable diseases is literally worth more than a gold mine. 24/7 Wall St. reviews dozens of analyst upgrades and downgrades each day of the week. This becomes hundreds of calls reviewed most weeks. It turns out that many of the upgrades and initiations are made in biotech, biohealth and emerging pharma companies. Some of these analyst calls also come with outrageous price targets

  • 25 highest-earning graduate schools
    News
    The Street

    25 highest-earning graduate schools

    Editors' pick: Originally published Sept. 20. If you're hunting for a graduate program (because a grad degree is the new bachelor's degree these days), or want to confirm that you made the right choice in selecting one, payscale.com has posted its annual salary report that details, among other things, the 25 schools whose graduates earn the most. These top 25 constitute schools that award MBAs and JDs (noticeably missing are PhDs, whose degrees apparently didn't make the cut), and two numbers are listed for each school -- median early career pay (graduates within five years of getting their diplomas) and median mid-career pay (10 years or more of experience). "Pay," in this survey, includes wages,

  • With Clinton and Trump in a Virtual Tie, Monday’s Debate Could Tip the Balance
    Politics
    The Fiscal Times

    With Clinton and Trump in a Virtual Tie, Monday’s Debate Could Tip the Balance

    With signs of an ever-tightening presidential contest, the political world was abuzz with speculation and advice for Democratic nominee Hillary Clinton and Republican Donald Trump Sunday on the eve of their crucial first nationally televised debate. Meanwhile, Trump, who has made it this far on the strength of vicious personal attacks on his opponents, harsh anti-immigrant rhetoric and scary, dystopian portrayals of the U.S. in sharp decline, must somehow show he has the vision and temperament to lead the country. Just 24 hours before Clinton and Trump face off on the campus of Hofstra University on Long Island in the first of three scheduled debates, the Sunday talk shows were dominated by tons of free strategic advice from political pols along those lines.

  • 4 Mistakes to Avoid During Open Enrollment
    Business
    Consumer Reports

    4 Mistakes to Avoid During Open Enrollment

    Whether you get your health insurance through your employer, Medicare, or one of the Affordable Care Act (ACA) exchanges, there’s a good chance you’re paying more than you need to. According to a study last year by the National Bureau of Economic Research, 63 percent of the 50,000 employees at a Fortune 100 company selected a health plan that was not the most cost-effective option. Why are so many people electing insurance plans that aren’t the best fit?

  • News
    CNBC Videos

    Trump's economic policies are sound: Investor

    Donald Trump would be the right candidate for president based on his economic policies, says Capital Link International's Uwe Parpart.

  • Why Oil Prices Will Rise More And Sooner Than Most Believe
    Business
    Oilprice.com

    Why Oil Prices Will Rise More And Sooner Than Most Believe

    As the September 26 to 28 “informal” meeting of OPEC producers in Algeria draws near, media speculation could easily cause mental anguish. On oil news websites simultaneous headlines claim OPEC will both fail and succeed in capping output. Called by OPEC August 8, the stated purpose of the gathering was, “OPEC continues to monitor developments closely, and is in constant deliberations with all member states on ways and means to help restore stability to the oil market”.

  • Singapore scion buys 49 percent stake in Rolling Stone
    Entertainment
    AFP

    Singapore scion buys 49 percent stake in Rolling Stone

    A Singapore firm headed by a scion of one of Asia's richest families has bought a 49 percent stake in Rolling Stone, with plans to diversify the iconic magazine into new business including live events and merchandising. BandLab Technologies, a music and technology start-up headed by 28-year-old Kuok Meng Ru, bought the stake for an undisclosed sum and will partner current owners Wenner Media, the firms said in a statement late Sunday. Rolling Stone International, a new subsidiary to be headed by Kuok, will organise events including concerts and develop merchandising and hospitality services, Bloomberg News reported.

  • Business
    Bloomberg Video

    Gold Outperforms With U.S. Rates on Hold

    Sept. 25 -- Jeff Rhodes, chief executive officer at Zee Gold, discusses gold prices and his outlook for gold and other precious metals. He speaks to Yousef Gamal El-din on "Bloomberg Markets Middle East."

  • Discount supermarkets are taking over the US
    Business
    Business Insider

    Discount supermarkets are taking over the US

    America's largest supermarkets are slashing prices amid ongoing food-price deflation and growing pressure from the rapid expansion of discount-grocery chains like Aldi. The price cuts are squeezing profits and dragging down company shares. Kroger, Whole Foods, Sprouts Farmers Market, and Dollar General have seen their stock prices drop a collective 13% in the last three months.

  • Business
    Benzinga

    Rite Aid, Walgreens' Merger Could Total 11% Return This Year

    In late 2015, Walgreens Boots Alliance Inc (NASDAQ: WBA) announced it was acquiring competitor Rite Aid Corporation (NYSE: RAD) for $9.00 share. The deal was expected to be completed in the second half of 2016, but there's still no word on the deal

  • Politics
    Reuters

    How Russia's central bank chief held the line

    One Thursday evening in March, Elvira Nabiullina, governor of Russia's central bank, faced down a rival in the struggle for influence inside President Vladimir Putin’s entourage. At a meeting chaired by Putin, Economy Minister Alexei Ulyukayev sought the president’s blessing for the central bank to give 140 billion roubles ($2.2 billion) to lenders, according to a person who was briefed on the meeting by Nabiullina. Banks would use the extra money, Ulyukayev argued as he sat before Nabiullina in a Kremlin conference room, to lend to companies suffering amid Russia’s economic downturn.

  • Giant Biotech and Energy Insider Buys Highlight Wild Market Week: Chesapeake Energy, Cheniere Energy, Phillips 66 and More
    Business
    247wallst.com

    Giant Biotech and Energy Insider Buys Highlight Wild Market Week: Chesapeake Energy, Cheniere Energy, Phillips 66 and More

    Once again, the roller-coaster that is the stock market took investors on a wild ride, and this time is was mostly higher. A massive rally shot all the indexes higher and erased virtually all the earlier losses that had been racked up in September. One thing is for sure, the sell-offs that hit earlier in the month got some insiders interested in shares, and like the week before, they were out again in force last week. We cover insider buying each week at 24/7 Wall St., and we like to remind readers that while insider buying is usually a very positive sign, it is not in of itself a reason to run out and buy a stock. Sometimes insiders and 10% owners have stock purchase plans set up at intervals

  • AAPL
    Bloomberg

    Apple Is Now Boring Enough to Buy for $37 Billion Stock Sifter

    Apple Inc. losing steam only makes it a bargain. The iPhone maker is cheap and the risk is lower, according to Robert Naess, who oversees 33 billion euros ($37 billion) in stocks at Nordea Bank, Scandinavia’s largest bank. “Apple is boring now,” he said in an interview at Nordea’s offices in Oslo Thursday.

  • Trim your wireless bill -- skip that phone upgrade
    Technology
    CNET

    Trim your wireless bill -- skip that phone upgrade

    It's hard to teach an old dog new tricks. Wireless subscribers have been conditioned to get a new phone every two years. That made sense back in the day, when wireless subsidies from mobile operators let you upgrade to the latest iPhone or Samsung Galaxy for only $200. Those days are over. Today consumers are expected to pay full price for their devices. The carriers have tried to make the hefty $650 price tag of high-end devices more palatable by offering payment plans. But wireless subscribers shouldn't confuse these plans with the old device subsidies. In this edition of Ask Maggie, I explain why, in this new era of wireless, you'll spend considerably more if you continue your device-upgrade-every-two-years

  • Exclusive: Thailand considering tougher tax collection rules for internet, tech firms
    Business
    Reuters

    Exclusive: Thailand considering tougher tax collection rules for internet, tech firms

    BANGKOK/JAKARTA (Reuters) - Thailand is studying plans to toughen tax collection rules for internet and technology firms like Alphabet Inc's Google, the head of the Revenue Department told Reuters, as the tax affairs of these firms comes under growing scrutiny in Southeast Asia. The plans would also cover the mobile transfers and internet payment sector, Prasong Poontaneat, director general of Thailand's Revenue Department, told Reuters.

  • Business
    Bloomberg

    Asian Futures Tip Mixed Day as Oil Rises Amid Algiers Countdown

    Asian index futures diverged, with contracts on Australian stocks falling while those in Japan rose as the optimism that followed last week’s central bank decisions was tempered. U.S. crude rallied after sliding the most in two months, amid indications Saudi Arabia may agree to cut output to January levels at this week’s much-anticipated producer talks in Algiers. Turkey’s lira extended losses, dropping to its weakest level since the start of August, after Moody’s Investors Service reduced the nation’s credit rating to junk.

  • Business
    Reuters

    Nikkei falls on strong yen, selling in Apple suppliers

    TOKYO, Sept 26 (Reuters) - Japan's Nikkei fell on Monday, with a strong yen souring overall sentiment and Apple Inc's suppliers underperforming on worries about weak overseas iPhone sales, while some investors turned their focus to the U.S. presidential

  • Business
    Benzinga

    Cuts, Raises, Suspensions And Specials: The Week In Dividends

    Dividends are one of the returns investors expect from the company. Let's take a look at the companies that have made changes to their dividend rates in the week between September 19 and 22. September 19 U.S. Bancorp (NYSE: USB) increased its quarterly

  • Business
    StreetAuthority Network

    My Sights Are Set On This 7-Time Winner Again

    While we can't be sure yet, it's possible oil bottomed earlier this year and is now in a trading range with a lower boundary near $40 a barrel. For stock market investors, a better question to ask is whether an energy stock's current price reflects oil's decline or whether a company has adapted to lower oil prices.

  • Global stocks mostly lower ahead of US presidential debate
    Business
    Associated Press

    Global stocks mostly lower ahead of US presidential debate

    TOKYO (AP) — Global shares were mostly lower Monday as market attention turned from central bank policies to the U.S. presidential race ahead of a highly anticipated debate.KEEPING SCORE: France's CAC 40 fell 1.7 percent in early trading to 4,411.06.