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Japan's airlines back Boeing

Safety officials have turned their attention away from the rechargeable lithium-ion battery on Boeing's (BA) new wide-body 787 Dreamliners as the likely culprit for several onboard fires. All 50 787s in service were grounded Jan. 17. Meanwhile, All Nippon Airways and Japan Airlines say they have had no second thoughts on orders for several dozen more of the planes. Boeing shares fell 0.4% to 75.03.

  • Google is honoring Nigerian soccer legend, Stephen Keshi with a doodle
    Sports
    Quartz

    Google is honoring Nigerian soccer legend, Stephen Keshi with a doodle

    Google is celebrating Stephen Keshi, former captain and coach of the Super Eagles, Nigeria’s soccer national team, with a doodle on Google Nigeria on what would have been his 56th birthday. Keshi is famous for being the one of the two people, alongside Egypt’s Mahmoud El-Gohary, to have won the African Cup of Nations (AFCON), Africa’s biggest soccer tournament, as a player and manager. Keshi first won the title in 1994 as captain of the Super Eagles and, 19 years later, won it again as manager leading a less-than-fancied Super Eagles side. He died in June 2016. In a soccer-mad nation where the sport is a national pastime and often a unifying event, Keshi was well-loved and is fondly remembered

  • Tesla Driver, Passed Out Drunk, Tells Highway Patrol Autopilot Was in Charge
    Finance
    Fortune

    Tesla Driver, Passed Out Drunk, Tells Highway Patrol Autopilot Was in Charge

    The California Highway Patrol (CHP) says a driver was found passed out in his Tesla with a very high blood alcohol content on San Francisco’s Bay Bridge on Friday. The driver, according to CHP, claimed the car had been “set on autopilot” in an apparent attempt to defend himself. Driver explained Tesla had been set on autopilot.

  • Atlanta and these four other cities are most likely to get Amazon’s new headquarters: Tech analyst
    Business
    CNBC

    Atlanta and these four other cities are most likely to get Amazon’s new headquarters: Tech analyst

    With Amazon (NASDAQ: AMZN) narrowing its list of potential cities for its second headquarters last week, one Wall Street technology analyst believes he knows which of the remaining candidates have the inside track for the economically game-changing project. GBH Insights' Daniel Ives predicts five cities out of the new list of 20 candidates have a better chance to get Amazon's second headquarters than the rest. Amazon announced Thursday it narrowed the list of potential sites for its second headquarters to 20 locations.

  • No One on Earth Can Deal With Susan Sarandon Rolling Up to the SAG Awards in Sunglasses
    Entertainment
    Time

    No One on Earth Can Deal With Susan Sarandon Rolling Up to the SAG Awards in Sunglasses

    It’s a well-established fact that Susan Sarandon isn’t afraid of making a statement, whether that means letting Twitter users know that she was having the “worst time” at the 2016 DNC or in the case of Sunday night, taking to the 2018 Screen Actors Guild Awards red carpet to stun viewers with some serious glamour with a sequined gown and a pair of very fabulous sunglasses. Sarandon, who walked the red carpet alongside her Thelma & Louise co-star Geena Davis, sagely protected herself from the bright sun pounding down, with a pair of mirrored shades that nicely complemented her glittering navy blue gown.

  • Bank of America Is Eliminating a Popular Free Checking Account
    Business
    Money

    Bank of America Is Eliminating a Popular Free Checking Account

    Bank of America is ending a free checking account often used by people with low incomes, now requiring customers to keep more money in their accounts in order to avoid a monthly fee. The Charlotte, N.C.-based bank this month is moving all of its remaining eBanking customers to standard core checking accounts that charge a $12 monthly fee unless the customer receives a direct deposit of $250 or more or a minimum daily balance of $1,500, the Wall Street Journal reported. The move has been ongoing since 2015.

  • At Least 30 Children Have Died From This Season's Flu. Some of Them Were Perfectly Healthy
    Health
    Time

    At Least 30 Children Have Died From This Season's Flu. Some of Them Were Perfectly Healthy

    Thirty children have died from confirmed influenza-related causes so far this flu season, according to the Centers for Disease Control and Prevention’s (CDC’s) most recent weekly report, released last Friday. CDC Director Brenda Fitzgerald has described the 2017-2018 flu season as “very active,” and has said that much of the country is experiencing “widespread and intense flu activity.” During a Jan. 12 press update, Fitzgerald said that influenza A, H3N2, has been the most common strain of flu virus reported this year. “These viruses are often linked to more severe illness, especially among children and people age 65 and older,” she said.

  • Wall Street legend: Don’t invest grandma’s money in stocks right now
    Business
    Fox Business Videos

    Wall Street legend: Don’t invest grandma’s money in stocks right now

    Blackstone Vice Chairman Byron Wien gives his 2018 projection for the Fed, markets and overall U.S. economy.

  • 3 Stocks That Look Like Apple in 2008
    Business
    Motley Fool

    3 Stocks That Look Like Apple in 2008

    In January 2008, Apple Inc. (NASDAQ: AAPL) had only released the iPhone about six months prior, and in the U.S. it was available only through a single cellular carrier. Even with its positive reception and early success, few people were expecting the

  • Business
    Forbes

    Ford Is The Next GE And Shorts Should Be Salivating

    After writing extensively for Forbes on GE’s plummet in the past few months, it was striking that both GE and Ford delivered negative guidance to the Street last Tuesday.  Ford’s truth bomb–delivered at the Deutsche Bank Global Auto Industry Conference–was particularly destructive.  Ford CFO Bob Shanks noted that 2018 earnings were likely to be in the range of $1.45-$1.70 versus a preliminary read on 2017 EPS of $1.78 (full results are due Thursday.)  So, in the midst of the Trump Jump in the U.S. and data showing an increasing rate of growth in almost every other major global economy, Ford is predicting–at the midpoint of its guidance range–an EPS decline of 10% in 2018. How does that happen? 

  • Will this “potentially hazardous” asteroid hit the Earth? Take a look yourself
    Science
    Quartz

    Will this “potentially hazardous” asteroid hit the Earth? Take a look yourself

    If you’ve not already heard about it, the Daily Mail would like you to know to the following: ‘Potentially hazardous’ asteroid the size of the Burj Khalifa is heading towards Earth at 67,000 mph. It is the largest space rock to brush past our planet this year and previous research has found a rock of this size could plunge Earth into a mini-ice age if it hit. What are the chances of it hitting the Earth? NASA says zero. The asteroid called 2002 AJ129 will fly safely past the Earth on Feb. 4. The same is true for previous warnings from the Daily Mail for other asteroids, such as “lorry-sized” 2017 YD7, which safely flew past the Earth on Jan. 3, or “rogue asteroid” 2010 NY 65, which did the same

  • Kim Dotcom suing New Zealand for damages
    World
    BBC News

    Kim Dotcom suing New Zealand for damages

    Kim Dotcom, the founder of file-sharing site Megaupload, is suing the New Zealand government for billions of dollars in damages over his arrest in 2012. The internet entrepreneur is fighting extradition to the US to stand trial for copyright infringement and fraud. Mr Dotcom says an invalid arrest warrant negated all charges against him. He is seeking damages for destruction to his business and loss of reputation. Accountants calculate that the Megaupload group of companies would be worth $10bn (£7.2bn) today, had it not been shut down during the raid. As he was a 68% shareholder in the business, Mr Dotcom has asked for damages going up to $6.8bn. He is also considering taking similar action

  • These Are the 16 Democrats Who Opposed Ending the Shutdown
    Politics
    Time

    These Are the 16 Democrats Who Opposed Ending the Shutdown

    Senate Democrats joined Republicans to vote 81-18 to end a government shutdown, based on a promise from Senate Majority Leader Mitch McConnell to take up immigration in the coming weeks. “I am deeply disappointed that today’s outcome fails to protect Dreamers.

  • Wal-Mart's Pay Increases Hide a Dirty Secret
    Business
    Motley Fool

    Wal-Mart's Pay Increases Hide a Dirty Secret

    Wal-Mart (NYSE: WMT) has always been a lightning rod for the debate on living wages. Critics contend the company has built its success on the back of low-wage employees, noting that many of Wal-Mart's employees are dependent upon government assistance. New CEO Doug McMillon has done an admirable job reversing this criticism.

  • Private Investigators Say Several People Murdered Canadian Billionaire Couple Barry and Honey Sherman
    World
    Time

    Private Investigators Say Several People Murdered Canadian Billionaire Couple Barry and Honey Sherman

    Private investigators in Canada believe that a prominent billionaire couple found dead in their Toronto mansion last month were murdered by multiple assailants, pouring cold water on the theory that their deaths were a result of a murder-suicide. Police had earlier deemed the deaths of Barry Sherman, 75, and his wife Honey, 70, “suspicious” after a realtor discovered the bodies dangling from a railing near their basement swimming pool on December 15. Read more: A Billionaire Couple Was Found Dead Over the Weekend.

  • Congress is treating Americans like children over FISA memo: Judge Napolitano
    Politics
    Fox Business Videos

    Congress is treating Americans like children over FISA memo: Judge Napolitano

    FOX News senior judicial analyst Judge Andrew Napolitano on how damaging the four-page FISA memo could really be to the U.S. government.

  • Four stock picks from a money manager focused on dividend growth for over two decades
    Business
    MarketWatch

    Four stock picks from a money manager focused on dividend growth for over two decades

    Don Taylor at the Franklin Rising Dividends Fund disregards companies’ current dividend yields when selecting stocks. Instead he focuses on the strength of their underlying businesses. If a company increases its sales, earnings and cash flow enough to support significant and consistent increases in dividends, its stock should perform well in the long run, he reasons. Taylor has used that strategy since he helped establish the $19.4 billion Franklin Rising Dividends Fund FRDPX, +0.56% in 1996. The fund’s strategy is to select companies that are expected to post double-digit increases in dividend payouts over the long term. “The core is underlying business growth,” Taylor said in an interview Jan.

  • Boeing's New Drone Subsidiary Purchase Is Already Paying Off
    Business
    Motley Fool

    Boeing's New Drone Subsidiary Purchase Is Already Paying Off

    Three months ago, Boeing (NYSE: BA) took a step into the 21st century, buying a small manufacturer of vertically launching-and-landing, electrically powered, optionally piloted drone aircraft. In November, I talked a bit about Boeing's new prize -- Aurora Flight Sciences -- after the now-Boeing subsidiary won a small NASA contract to conduct a "comprehensive evaluation" of a new concept for supplementing conventional gas turbine airplane engines with turboelectric booster engines attached to an aircraft's tail. If the concept pans out, it could boost airplane fuel efficiency by as much as 50%, and pose a severe challenge to Airbus' ability to compete with Boeing on fuel efficiency.

  • Vermont Becomes Ninth State to Legalize Recreational Marijuana
    Finance
    Fortune

    Vermont Becomes Ninth State to Legalize Recreational Marijuana

    When the law takes effect on July 1, Vermont will be the ninth state, in addition to the District of Columbia, to legalize recreational marijuana. Colorado, Washington, Oregon, California, Alaska, and Nevada all permit recreational marijuana sales while Massachusetts and Maine will do so later this year. Vermont’s law was the first recreational marijuana law to be passed by a state legislature.

  • Rite Aid Says 625 Stores Transferred To Walgreens Amid Turnaround
    Business
    Forbes

    Rite Aid Says 625 Stores Transferred To Walgreens Amid Turnaround

    As Rite Aid works toward a financial turnaround, the drugstore chain says its transferred 625 of its stores to Walgreens Boots Alliance as part of a larger deal with the nation’s largest pharmacy chain. In all, Walgreens will over the next few months buy 1,932 stores and three distribution centers from Rite Aid for nearly $4.4 billion in cash. Rite Aid Monday said it has received $1.3 billion in cash, which “it is using to repay all of its $970 million of outstanding secured loans while maintaining a strong liquidity position.” “We are on track to complete the transfer of stores in the spring of this year,” Rite Aid CEO John Standley said in a statement. Before agreeing in September to buy 1,932

  • What Goldman Sachs is telling high net worth clients about the stock market
    Finance
    Yahoo Finance

    What Goldman Sachs is telling high net worth clients about the stock market

    Goldman Sachs’ private wealth management advisors are telling its wealthiest clients that stocks are not in a bubble and that the bull market likely continues. “We recommend that clients stay invested in equities notwithstanding currently high valuations and the constant cascade of warnings that we are in an equity bubble.

  • Business
    InvestorPlace

    Berkshire Hathaway Inc. Stock Isn’t Going to Be What It Once Was

    There’s no two ways about it: Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) stock, under the guidance of legendary stock-picker Warren Buffett, has been a better bet than the broad market for any portion of the past 50 years of Berkshire’s existence. While the S&P 500 mustered a heroic 22% gain in 2017, BRK stock — the A shares as well as the B shares — advanced nearly 30%. Will the next 50 years be as fruitful for current and would-be Berkshire investors?

  • General Electric shares fall below $16 as epic sell-off continues on Bank of America downgrade
    Finance
    CNBC

    General Electric shares fall below $16 as epic sell-off continues on Bank of America downgrade

    General Electric shares continued to plumb new depths after Bank of America Merrill Lynch downgraded the troubled bellwether on Monday. The stock fell last week below $17 a share after GE said earlier in the week that it would take a $6.2 billion after-tax charge because of its GE Capital insurance portfolio and that it expects to contribute $14 billion over the next seven years to shore up the company's reserves. Analyst Andrew Obin told investors that the industrial conglomerate is likely to slash its 2018 outlook when it reports fourth-quarter results on Wednesday.Our outlook "reflects lower earnings estimates, zero equity value assigned to GE Capital, and lower value assigned to GE Digital initiatives, as we don't see the market paying up for this optionality," wrote Obin in a note to clients.

  • Vietnam oil exec 'kidnapped' from Germany jailed for life
    World
    AFP

    Vietnam oil exec 'kidnapped' from Germany jailed for life

    A Vietnamese former state oil executive who was allegedly kidnapped from Germany was jailed for life on Monday for embezzlement, in the highest-profile corruption trial to target the communist country's business and political elite. The case -- also involving 21 other officials, including a former party politburo member -- has captivated a country where the affairs of the powerful are normally kept secret and the downfall of senior politicians rarely happens in public. Vietnam has mirrored China in its massive corruption purge, but critics say the campaign is as much about targeting political foes as it is about tackling graft in one of Southeast Asia's most corrupt nations.

  • Mercedes and BMW are rolling out a subscription service for cars — and it could help solve the biggest problem in the auto industry
    Business
    Business Insider

    Mercedes and BMW are rolling out a subscription service for cars — and it could help solve the biggest problem in the auto industry

    BMW and Mercedes are planning to test car subscription services this year. Auto companies hope subscription-based and other mobility services will make revenue more consistent. The auto industry has posted strong sales numbers in recent years, which has made car manufacturers and dealerships scared about the future.

  • At $16.63, Is It Time To Buy BlackBerry Limited (TSE:BB)?
    Business
    Simply Wall St.

    At $16.63, Is It Time To Buy BlackBerry Limited (TSE:BB)?

    BlackBerry Limited (TSX:BB), a software company based in Canada, led the TSX gainers with a relatively large price hike in the past couple of weeks. Today I will analyse the most recent data on BlackBerry’s outlook and valuation to see if the opportunity still exists. What is BlackBerry worth? Great news for investors – BlackBerry is still trading at a fairly cheap price.