Delta Air Lines is adopting stricter regulations for people who travel with service animals or emotional-support animals. The airline says the new rules are in response to a rise in safety incidents involving untrained or improperly trained animals. The stricter standards are designed to prevent people from using the airline's allowance of emotional-support animals to let their pets fly for free.
Gilead Sciences’ GILD subsidiary Kite announced that it has entered into a collaboration with Pfizer, Inc. PFE to evaluate a combination of its newly approved CAR-T therapy Yescarta (axicabtagene ciloleucel) and Pfizer's utomilumab, a 4-1BB agonist, for
AU Optronics Corp.: "OK, if you're new – and you don't want to buy a Taiwanese company to start – [and] you want to buy in that area, you want to buy Cisco. [CEO] Chuck Robbins is redoing everything. Get in Cisco before the quarter." Mondelez Intl: "I think the stock is inexpensive and the group is starting to get a couple bids underneath. I think that you could do far worse than buying Mondelez." Mitsubishi Financial Group: "You know what, you actually should [add Mitsubishi to your portfolio]. I've been working on Japan and that is a great way to play Japan. I'm going to endorse that." JetBlue: "JetBlue is OK. I'm actually talking about Southwest. My charitable trust should not have sold it.
Service animals are meant to comfort their owners. In light of increased incidents on its aircrafts, Delta Air Lines announced new procedures and updated requirements for customers traveling with service and support animals. The company believes that some travelers have been trying (and succeeding in) to board flights pets under the guise of support animals.
Jim Cramer said an overload of buyers in the stock market is resulting in dramatically rising stock prices.
TheStreet's founder and Action Alerts PLUS Portfolio Manager Jim Cramer weighs in on Friday's trending topics including the potential government shutdown and IBM's (IBM) and American Express' (AXP) latest earnings. Cramer also comments on the stocks of Square (SQ) , Visa (V) and MasterCard (MA) . Watch all of Jim Cramer's full NYSE live shows right here:
Insufficient investment, payment delays to suppliers, and the sanctions imposed by the administration of U.S. President Donald Trump have hammered Venezuela's oil industry and saw crude oil production fall 13 percent in 2017. On Friday, Schlumberger disclosed a $938 million write-down on its Venezuelan assets and receivables, citing political and economic woes affecting the country. Schlumberger and other suppliers accepted promissory notes or reclassified Venezuelan receivables in recent years as a way to manage debts from PDVSA [PDVSA.UL].
Mike Moritz, a top partner at Silicon Valley's most successful venture capital firm, says that the local tech culture has descended into "soul-sapping discussions" about "the inequity of life," and compared it unfavorably with the work ethic in the Chinese tech scene. Moritz, a managing partner at Sequoia Capital, wrote in the Financial Times that Silicon Valley's culture is becoming "unhinged" with discussions of things like the politics of speakers at tech companies, debates over work-life balance, and "grumbling about the need for a space for musical jam sessions." He contrasts this with China, where: "Top managers show up for work at about 8am and frequently don't leave until 10pm. Most of
Oakmark's Bill Nygren shared his market views and top stock ideas in an interview Thursday on CNBC's "Halftime Report." General Electric was "the worst performing stock in our portfolio. We were seriously off," he said. However, he added his fund is sticking with its position and expressed confidence in the industrial company's new management team. "In this case, there has been a tremendous change in people," the investor said. "We think [their businesses] deserve better than average multiples. We think with a fresh look GE deserves to be in the portfolio." John Flannery succeeded Jeff Immelt as General Electric's CEO in August. Nygren said his fund owns more shares of General Electric after
The developer of the Keystone XL pipeline announced Thursday that it hopes to begin construction next year on an alternative route approved by Nebraska authorities, despite a lawsuit challenging the project. TransCanada Corp. said in a news release that it plans to move ahead after securing enough 20-year commitments from oil companies to ship approximately 500,000 barrels per day through the pipeline. Opponents note that the commitments are well below the pipeline's 830,000-barrel capacity.
Delta Air Lines is tightening the requirements for passengers traveling with onboard service and emotional support animals, the carrier said on Friday, following a sharp uptick in pet-related safety issues in recent years. Effective March 1, Delta, the second largest U.S. airline by passenger traffic, said it will require passengers seeking to fly with pets to present additional documents outlining the passenger's need for the animal and proof of its training and vaccinations, 48 hours prior to the flight. This comes in response to what the carrier said was a 150 percent increase in service and support animals - pets, often dogs, that accompany people with disabilities - carried onboard since 2015.
Nike Inc (NYSE: NKE) stock has been on a tear the past three months as investors now believe they see the light at the end of the tunnel in the slumping North American athletic apparel market. Wedbush has upgraded NKE stock and says that light may be even closer than investors realize. According to Wedbush analyst Christopher Svezia, the pricing pressures on Nike's footwear products in the North American market could start to ease in the next couple of quarters.
As part of its defense against Broadcom, Qualcomm has argued that any deal faces a long antitrust review. Broadcom said that it had anticipated the second request as a normal part of the regulatory approval process.
Accenture Plc ACN recently unveiled its innovation hub in Tokyo’s Minato Ward. As described by Accenture, its clients “will work side-by-side” with the company’s professionals “to ideate, rapidly prototype and launch solutions” at this innovation hub,
NEW YORK/LONDON (Reuters) - Gold prices rose slightly on Friday as the U.S. dollar hovered near a three-year low on heightened fears of a U.S. government shutdown, but the precious metal was still on track for its first weekly drop in six weeks. The U.S. dollar fell versus a basket of currencies as the U.S. Senate raced to avert a government shutdown on Friday ahead of a midnight deadline with no agreement on funding in sight. Spot gold was up 0.5 percent at $1,334.58 per ounce at 2:06 p.m. EST (1906 GMT), on track for a weekly drop of 0.3 percent, after falling from Monday's four-month highs.
By Rupam Jain and Manoj Kumar NEW DELHI (Reuters) - India has sent tax notices to tens of thousands of people dealing in cryptocurrency after a nationwide survey showed more than $3.5 billion worth of transactions have been conducted over a 17-month period, the income tax department said. Tech-savvy young investors, real estate players and jewelers are among those invested in bitcoin and other virtual currencies, tax officials told Reuters after gathering data from nine exchanges in Mumbai, Delhi, Bengaluru and Pune. The Indian government has issued repeated warnings against digital currency investments, saying these were like "Ponzi schemes" that offer unusually high returns to early investors.
Apple co-founder Steve Wozniak told an audience of Silicon Valley veterans that he's still a company employee after four decades.
Dear Moneyist, My husband is 16 years older than me and, two years after our marriage, I discovered that he was five years older than his official age. At the same time, we found out I was pregnant with our first child. He explained that there was some controversy about his date of birth as he was born at home in the Philippines. There was a fire and he lost his parents at a very young age. I found it hard to believe at that time, but we have a good relationship and — other than that — things were okay. Moreover, we were expecting our first child, so I let it go. I have very little financial education and have always trusted him to handle our finances while I worked hard. We have three kids together,
Verizon (VZ) tops our list. Yahoo Finance’s parent company says President Trump’s tax law will increase Q4 earnings despite taking a one-time charge of $16.8B. Analysts expected this would be the case for many telecom companies since they are mostly domestic businesses.
Shanna Tellerman successfully sold her first startup to AutoDesk and was a partner at Google Ventures before launching Modsy, a 3D home decorating service. Only 2.7% have a female CEO, according to a Babson College study. Meanwhile, the broader VC landscape has been overwhelmingly positive for entrepreneurs.
After Republicans, who control both the House and Senate, were unable to pass a spending bill by midnight Friday, the US government has entered a partial shutdown, with all nonessential services going into a freeze. Historical data suggests that a big market move shaking stocks is unlikely, but a shutdown would still be concerning to investors. "Although a government shutdown sounds scary, the reality is it has been a non-event historically for equities,” Ryan Detrick, a senior market strategist at LPL Financial, said in an email.
Thanks to the new tax law there are new lower tax rates - that means there also need to be different withholding rates -- and THAT could that your paycheck is going to change. But give us 60 seconds and you'll tell you why you shouldn't get too excited yet. The withholding tables tell your employer how much to withhold from your paycheck each pay period so that you pay in enough tax throughout the year. Come February, many of you will have less money withheld and watch your paychecks go up. Or not. So watch our video to see if you are one of the lucky ones. (Fingers crossed for your sake.)
One of Warren Buffett’s top deputies has amassed a stake in Berkshire Hathaway Inc. valued at more than $100 million. Ajit Jain, the insurance executive who was named a vice chairman of Buffett’s conglomerate earlier this month, disclosed the holdings in a regulatory filing on Thursday. A large portion of the stake is held by a foundation and trusts in his family’s name, and his wife also owns some of the shares. Jain directly controls about $22 million of the stock. The disclosure offers a glimpse into the finances of one of Berkshire’s most important executives. Jain, 66, joined the Omaha, Nebraska-based conglomerate three decades ago and led a push into the reinsurance industry. Eventually
, the biggest U.S. bank, will pay CEO Jamie Dimon $29.5 million for 2017, a 5.3% raise, according to a regulatory filing. Last year's compensation included a salary of $1.5 million along with a $28 million of "performance shares" linked to profitability goals, the company said. JPMorgan said last week that net income fell 1% to $24.4 billion, as revenue climbed 4%.
Alphabet Inc.’s Google and Tencent Holdings Ltd. have agreed to share patents covering a range of products and technologies, an alliance between two of the world’s largest corporations. The cross-licensing deal comes with an understanding that the search giant and Tencent -- the world’s second largest and fifth largest company, respectively -- will team up on developing future technologies. The agreement may smooth the U.S. company’s business in China while helping Tencent’s push to expand beyond its dominant position on the mainland. The agreement is a typical industry arrangement between corporations designed to minimize patent infringements, with the U.S. company signing similar deals with