U.S. Markets closed

WATCH LIVE: President Trump delivers remarks on tax reform

AOL.com editors

Trump is set to deliver remarks relative to a tax reform on Wednesday, speaking on a $5 trillion plan intended to cut rates for many Americans.

This event is scheduled to begin at 3:20 p.m. EDT.

RELATED: The best of Trump's White House photographer

  • An American Airlines passenger died after a flight during which a doctor allegedly asked crew for an emergency landing three times (AAL)
    Business
    Business Insider

    An American Airlines passenger died after a flight during which a doctor allegedly asked crew for an emergency landing three times (AAL)

    American Airlines passenger Brittany Oswell died after a flight on which she suffered an embolism and went into cardiac arrest, according to a wrongful death lawsuit filed against the airline by Oswell's husband and parents. Attorney Brad Cranshaw claims a doctor on the flight examined Oswell and asked for an emergency landing multiple times. The flight crew allegedly didn't follow the doctor's request, and Oswell later died at Baylor Medical Center in Dallas.

  • President Trump's Interview on Fox Caused Prosecutors to Change Their Strategy in the Cohen Case
    Politics
    Time

    President Trump's Interview on Fox Caused Prosecutors to Change Their Strategy in the Cohen Case

    Prosecutors probing President Donald Trump’s lawyer said they are prepared to use a neutral outsider to review documents seized this month from the home and office of Michael Cohen, an about-face from the government’s initial plan to scrutinize the documents itself. In a five-page letter to the judge on Thursday, federal prosecutors in Manhattan said they now recommend that retired U.S. Magistrate Judge Frank Maas serve as the special master to weed out records that might be covered by the attorney-client privilege. “We believe that using Judge Maas or another neutral retired former Magistrate Judge familiar with this electronic discovery process and with experience in ruling on issues of privilege will lead to an expeditious and fair review of the materials obtained through the judicially authorized search warrants,” prosecutors said in a letter filed just hours before a court hearing scheduled for noon.

  • Kim Jong-un will bring his own toilet with him to the Koreas summit
    World
    Quartz

    Kim Jong-un will bring his own toilet with him to the Koreas summit

    Tomorrow (April 27), Kim Jong-un will cross the military demarcation line separating his country from South Korea—a first for a North Korean leader—for a historic summit with South Korean president Moon Jae-in. When he makes the crossing, he’ll bring with him his wife Ri Sol-ju, his sister Kim Yo-jong, several high-level North Korean officials, possibly edible symbolic gifts—and a toilet. The Washington Post said the leader doesn’t use public toilets, citing Lee Yun-keol, who before defecting to South Korea worked at one time in a North Korean guard unit that protects the leader.

  • Here's why Subway is closing 500 U.S. stores
    Business
    Yahoo Finance Video

    Here's why Subway is closing 500 U.S. stores

    Subways is shifting its strategy. The sandwich chain is closing about 500 stores in the U.S. this year. The move comes after the company reportedly closed more than 800 locations last year. Yahoo Finance's Seana Smith, Ethan Wolff-Mann and Dan Roberts discuss.

  • Losing a dog can be harder than losing a relative or friend
    News
    Quartz

    Losing a dog can be harder than losing a relative or friend

    Recently, my wife and I went through one of the more excruciating experiences of our lives—the euthanasia of our beloved dog, Murphy. I remember making eye contact with Murphy moments before she took her last breath—she flashed me a look that was an endearing blend of confusion and the reassurance that everything was okay because we were both by her side. When people who have never had a dog see their dog-owning friends mourn the loss of a pet, they probably think it’s all a bit of an overreaction; after all, it’s “just a dog.” However, those who have loved a dog know the truth: Your own pet is never “just a dog.” Many times, I’ve had friends guiltily confide to me that they grieved more over

  • Bookings for Southwest fall after fatal accident
    Business
    Associated Press

    Bookings for Southwest fall after fatal accident

    Inspections of jet engines at Southwest Airlines turned up one cracked fan blade last year but no others since last week's deadly accident that investigators believe started when a weakened blade broke off during flight. Southwest executives said Thursday that they have checked more than 25,000 fan blades since 2016 for signs of metal fatigue and the remaining 10,000 will be inspected by mid-May. Last-minute trips fell, but so did bookings into May. Southwest canceled some flights to send planes for inspections, and it stopped advertising on television and social media.

  • Manhunt Underway For Man Who Police Say Killed Officer and Robbed Store in Maine
    News
    Time

    Manhunt Underway For Man Who Police Say Killed Officer and Robbed Store in Maine

    Aircraft and armored vehicles were seen around Norridgewock and schools were locked down as officers from federal, state and local law enforcement officials search for a 29-year-old man who remained on the loose after abandoning the stolen cruiser, state police told reporters Wednesday.

  • 7 Stocks Goldman Sachs Thinks Are Set to Rip Higher
    Finance
    InvestorPlace

    7 Stocks Goldman Sachs Thinks Are Set to Rip Higher

    With the market in gridlock, Goldman Sachs has identified 30 stocks with big upside potential. Goldman says trade tensions and rate decisions “[have] made the environment difficult for stock pickers.” But don’t panic! For the best alpha generation opportunities, the firm recommends picking stocks that are more correlated with company specifics rather than general market forces. As a result, all the stocks here have a “Strong Buy” Street consensus rating based only on the last three months.

  • The True Cost of the Chernobyl Disaster Has Been Greater Than It Seems
    World
    Time

    The True Cost of the Chernobyl Disaster Has Been Greater Than It Seems

    In terms of direct deaths attributable to the accident, the Chernobyl nuclear disaster turned out to be anything but a highly destructive force. Whereas the nuclear bombings of Hiroshima and Nagasaki claimed close to 200,000 immediate victims — more than 100,000 killed and the rest injured — the Chernobyl explosion caused 2 immediate deaths and 29 deaths from acute radiation sickness in the course of the next three months. Altogether, 237 people were airlifted from Chernobyl to Moscow and treated in the special clinic there.

  • Prince William May Have Just Dropped Another Hint About the Royal Baby's Name
    News
    Time

    Prince William May Have Just Dropped Another Hint About the Royal Baby's Name

    Although the Duke and Duchess of Cambridge have yet to reveal the name of the third royal baby, Prince William certainly hasn’t been shy about dropping possible hints on the matter. After notably calling out the name of a photographer while leaving St. Mary’s hospital with Kate Middleton and their newborn son on Monday, it seems the prince has again fueled the baby-naming rumor mill. While attending an early morning Anzac Day memorial service at Westminster Abbey alongside his brother, Prince Harry, and future sister-in-law, Meghan Markle, on Wednesday, William was bombarded with questions about the new royal baby’s unannounced moniker, according to People.

  • Why Subway Is Closing Another 500 U.S. Stores
    Business
    Fortune

    Why Subway Is Closing Another 500 U.S. Stores

    Feeling the need to improve its store fleet amid intense competition in the sandwich industry, Subway is planning to close 500 U.S. locations this year, according to Bloomberg News. Subway restaurants are small in size, but ubiquitous. The chain is the largest in the U.S. by store count of any quick-service chain with nearly 26,000 locations, well above the 14,000 McDonald’s mcd restaurants in this country.

  • Forget "FANG" Stocks, and Say Hello to "VISE"
    Business
    Motley Fool

    Forget "FANG" Stocks, and Say Hello to "VISE"

    Over the trailing two-year period through April 25, 2018, Facebook, Amazon, Netflix, and Alphabet were up a respective 36%, 117%, 219%, and 44%. As a whole, FANG has delivered for investors. Of course, the question has also been raised as to whether FANG stocks can continue to deliver after such impressive returns.

  • Read This Before Buying Realty Income Corporation (NYSE:O) For Its Upcoming $0.22 Dividend
    Business
    Simply Wall St.

    Read This Before Buying Realty Income Corporation (NYSE:O) For Its Upcoming $0.22 Dividend

    Investors who want to cash in on Realty Income Corporation’s (NYSE:O) upcoming dividend of $0.22 per share have only 3 days left to buy the shares before its ex-dividend date, 30 April 2018, in time for dividends payable on the 15 May 2018. Should you diversify into Realty Income and boost your portfolio income stream?

  • Subway closing 500 restaurants in the North America this year
    Business
    Fox Business Videos

    Subway closing 500 restaurants in the North America this year

    FBN's Cheryl Casone on Subway's plans to close 500 restaurants in North America.

  • Why AT&T, Inc. Shares Fell 6.9% Lower Today
    Business
    Motley Fool

    Why AT&T, Inc. Shares Fell 6.9% Lower Today

    In the first quarter, AT&T's top-line revenue fell 3.6% year over year to land at $31.8 billion. AT&T added 2.2 million net new subscribers to its domestic wireless networks in the first quarter. AT&T's TV service business also failed to impress investors, losing subscribers for the DirecTV satellite service and holding steady in the fiber-based U-verse segment.

  • Ford says only Mustang, Focus will live on in North America as it drops slow-selling sedans
    Business
    MarketWatch

    Ford says only Mustang, Focus will live on in North America as it drops slow-selling sedans

    Ford Motor Co. said Wednesday it will stop investing in sedans in North America, bowing to U.S. drivers’ seemingly never-ending zest for crossovers and pickup trucks. Ford F, +2.61%  shifted focus on “building a winning portfolio” of vehicles, by which it meant no more of its slow-selling sedans at least for North America. U.S. drivers have gravitated to SUVs and pickup trucks for years, thanks in part to these vehicles’ relative fuel economy improvements and price drops. Many car buyers also report enjoying the high-riding seating position of an SUV or pickup truck. “Ford realized it can’t be everything to everyone, and in today’s market that could be OK,” said Jessica Caldwell, an analyst with

  • Finance
    Reuters

    Boeing defers Iran deliveries, eases output concerns

    Boeing has found new homes for jets it hoped to deliver to Iran this year, further clouding the prospect of quick deliveries as U.S. President Donald Trump considers whether to withdraw from a pact to remove nuclear-related sanctions. The head of the U.S. planemaker also signaled on Wednesday that Boeing is no longer as concerned as it once was that a collapse of the deal could force it to cut production of the 777 jetliner, threatening hundreds of jobs, due to a pickup in demand. "We have no Iranian deliveries that are scheduled or part of the (production) skyline this year, so those have been deferred in line with the U.S. government process," Boeing Chief Executive Dennis Muilenburg said in a conference call.

  • Amazon surprises Wall Street with huge profits, optimistic outlook
    Business
    Reuters

    Amazon surprises Wall Street with huge profits, optimistic outlook

    In addition, Amazon and the U.S. National Football League announced a deal to stream Thursday night games during the 2018 and 2019 seasons on Amazon's Prime Video. Amazon's shares rose 6 percent in after-hours trade. Seattle-based Amazon is winning business from older, big box rivals by delivering virtually any product to customers at a low cost, and at times faster than it takes to buy goods from a physical store.

  • Another Special Election, Another Really Bad Sign For The GOP
    Politics
    FiveThirtyEight

    Another Special Election, Another Really Bad Sign For The GOP

    One might describe Arizona’s 8th Congressional District as … nondescript. Covering portions of Phoenix’s northern and western suburbs, including the Arizona Cardinals’ home stadium, the district isn’t all that geographically or demographically distinct, containing a largely older, largely white population of professionals and retirees. The area has traditionally been extremely Republican, having voted for John McCain by 22 points in 2008, Mitt Romney by 25 points in 2012, and President Trump by 21 points in 2016. It has a growing number of Hispanics, but Hispanics make up a considerably smaller share of the voting population than of its population overall. Nor was there anything especially unusual

  • These High-Yield Stocks Just Added More Fuel to Their Dividend Growth Tanks
    Business
    Motley Fool

    These High-Yield Stocks Just Added More Fuel to Their Dividend Growth Tanks

    Because of that, Phillips 66 Partners (NYSE: PSXP) and several other partners were able to secure the necessary commitments to move forward with the Gray Oak Pipeline, which will transport oil out of the fast-growing Permian Basin. Refining giant Phillips 66 (NYSE: PSX) and Canadian energy infrastructure behemoth Enbridge (NYSE: ENB) initially pitched Gray Oak to oil shippers in early December. At the time, they envisioned a 385,000 barrel-a-day pipeline that would move crude from several connection points in West Texas to refineries and export docks along the Texas coast starting in the second half of 2019.

  • Qualcomm easing licensing terms in bid to strike deals
    News
    Reuters

    Qualcomm easing licensing terms in bid to strike deals

    Qualcomm Inc's earnings call on Wednesday showed just how far the company is willing to go to preserve one of its core business practices of taking a cut of the selling price of phones. Qualcomm gave two indications on Wednesday it was prepared to accept lower revenue in exchange for maintaining the business structure and avoiding future customer disputes. On Wednesday, Qualcomm said it would cap the phone price that is the basis of the revenue calculation at $400.

  • Jim Chanos, known for his Enron takedown, fires off tons of new stocks that he's betting against
    Business
    CNBC

    Jim Chanos, known for his Enron takedown, fires off tons of new stocks that he's betting against

    Jim Chanos , founder of one of the world's largest short selling hedge funds, went on CNBC Thursday with guns blazing about new companies whose stocks he sees going lower and an update on one of his old favorite punching bags. The president of Kynikos Associates, which literally derives its name from the Greek word for cynic, revealed for the first time publicly that he's targeting four stocks in two industries: fast food and health care. Chanos, who has always been very vocal on many of his big trades, was one of the early fund managers to waive the red flag on the one-time high-flying energy giant Enron, which was eventually revealed as a fraud.

  • GE dealt another blow by Moody’s as shareholders line up to slam CEO Flannery
    Business
    MarketWatch

    GE dealt another blow by Moody’s as shareholders line up to slam CEO Flannery

    In the latest blow to beleaguered blue chip General Electric Co., Moody’s Investors Service on Wednesday revised its outlook on the company’s ratings to negative, meaning it could downgrade it in the medium term. The move “reflects the added headwinds to restoring GE’s credit profile as a result of the $1.5 billion reserve that GE recorded in relation to the investigation by the Department of Justice of possible violations of the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (”FIRREA”) by WMC, GE Capital’s discontinued mortgage business,” the rating agency said in a note. Read now: Are you smart or foolish to buy GE stock right now? Don’t miss: Investors shouldn’t get ahead

  • Better Buy: Celgene Corporation vs. Gilead Sciences
    Business
    Motley Fool

    Better Buy: Celgene Corporation vs. Gilead Sciences

    You would have done quite well to buy and hold shares of either Celgene Corporation (NASDAQ: CELG) or Gilead Sciences (NASDAQ: GILD) over the past decade. Celgene's biggest problem is front and center in its product lineup. The company's multiple myeloma therapy Revlimid still makes up around 63% of total sales and will probably begin losing ground to generic competition in 2022.

  • Intel Forecast Tops Estimates on Data Center Chips; Shares Surge
    Finance
    Bloomberg

    Intel Forecast Tops Estimates on Data Center Chips; Shares Surge

    Intel Corp. gave a better-than-projected second-quarter sales forecast, proving that for now the computer industry just can’t quit its products. Under Chief Executive Officer Brian Krzanich, Intel is increasingly touting its efforts beyond personal-computer processors, a business that’s long provided the company with the majority of income. The drive to lessen its reliance on an industry that hasn’t expanded for six years has been bolstered by massive spending on the servers that are the basic component of the data centers that run the Internet.