The 2018 MLB All-Stars were announced on Sunday night.
The 2018 MLB All-Stars were announced on Sunday night.
A private inspector said Saturday that he warned the company operating duck boats on a Missouri lake about design flaws putting the watercraft at greater risk of sinking, less than a year before the accident that killed 17 people during a sudden storm. Steve Paul, owner of the Test Drive Technologies inspection service in the St. Louis area, said he issued a written report for the company in August 2017. It explained why the boats' engines — and pumps that remove water from their hulls — might fail in inclement weather.
All four of these names have very strong cash flows that allow them to not only pay better than 3% dividends, but also to buy back stock. Two are consumer staples, a sector that's been the S&P 500's second-best performer over the past month (up 3.83%). The others are in health care, which has been the S&P 500's No. 3 best sector (+3%) during the past month.
On July 16, Vladimir Putin and Donald Trump held bilateral talks in Helsinki. To get a sense of the magnitude of such a diplomatic event like this, Riga-based news outlet Meduza (Russian) spoke to Pavel Palazhchenko, who served as a interpreter for General Secretary Mikhail Gorbachev and Soviet Foreign Minister Eduard Shevardnadze. You took part in almost all the Russian-American summits during the Gorbachev era, right?
Just days after stepping into his new role as CEO of Lowe's (NYSE: LOW), Marvin Ellison is taking a sledgehammer to the home-improvement center. A week after hanging his nameplate on his door, Ellison announced he was reorganizing the company's C-suite structure by eliminating the positions of chief operating officer, chief customer officer, corporate administration executive, and chief development officer. The responsibilities of these jobs will be assumed by other executives -- including some newly-created EVP-level roles -- who will report directly to Ellison.
Berkshire Hathaway (NYSE:BRK.A, NYSE:BRK.B) jumped more than 5% July 18 on the news Warren Buffett and Charlie Munger have reconsidered their stance on Berkshire Hathaway stock repurchases, something many large investors have been clamoring for it to do. Up until the surprise announcement, Berkshire Hathaway could only buy back its stock at 1.2 times book value or less than that, a multiple it hasn’t seen since 2012. “It’s a somewhat significant change,” said Steven Check, president of Check Capital Management Inc in Costa Mesa, California.
Curtis Carroll is simply known as "Wall Street" by his fellow inmates at San Quentin State Prison because of his winning reputation for picking and trading stocks. Currently serving a 54-to-life sentence, Carroll founded the prison's financial literacy program as a way to better equip and empower inmates. For the past 10 years, he's been teaching the basics of personal finance and how to trade and buy stocks. His goal is give others the tools and the hope to build a life beyond crime. To learn more about this initiative visit projectfeel.org.
AT&T Inc. will roll out 5G service to three additional U.S. cities, a sign that the industrywide push to adopt the speedier standard is finally moving from marketing announcements to reality. Oklahoma City and two North Carolina cities -- Charlotte and Raleigh -- will be getting the mobile service later this year, AT&T said on Friday. Rival Verizon Communications Inc., meanwhile, has discussed adopting 5G service in four cities this year, including Los Angeles and Sacramento, California.
You can't deny that investors who recognized Netflix's (NASDAQ: NFLX) staggering potential early on have already enjoyed life-changing gains. Read on to learn why three top Motley Fool investors believe that Wix (NASDAQ: WIX), Amazon.com (NASDAQ: AMZN), and A.O. Smith (NYSE: AOS) will do exactly that. Steve Symington (Wix): Shares of Wix have more than doubled from their 52-week low set late last year, but I think the website design platform has plenty of room to run.
It's been a tumultuous year for Facebook. Facebook previously showed no ill effects from the controversy surrounding its data sharing policies when it reported significant growth in the first quarter, and we may see the same again. Facebook is scheduled to report the results of the second quarter on July 25, after the market close.
Tesla CEO Elon Musk has tried to correct the record after an analyst report surfaced on Thursday saying his Model 3 is in trouble. In a tweet late on Thursday, Musk called an analyst report that said Model 3 cancellations are double today where they were last year at the same time and higher than orders “bs.” Musk added that last week, Tesla had 5,000 Model 3 “new net orders.” Net orders refers to total orders, less cancellations.
When it comes to retirement planning, most people focus on how much money they need to save up before they quit their jobs for good. You also need to know how much money you can withdraw from your savings each year in retirement without exhausting your funds. Conventional wisdom says that retirees' biggest challenge will be reining in their spending to avoid running out of money during their golden years.
The shooting happened around 9 a.m. as Dr. Mark Hausknecht was going northbound through the Texas Medical Center, said Houston Police Executive Assistant Chief Troy Finner. Hausknecht, 65, hit at least once, was taken to a nearby hospital, where he died. Hausknecht was going in to work at Houston Methodist Hospital when he was shot, the hospital’s CEO said in an email to staff.
The discovery was recently published in Science Advances, the peer-reviewed journal of the American Association for the Advancement of Science. Based in the discovery, researchers now believe that snakes may have made the move to forested environments from their coastal and underwater habitats earlier than previously thought. Michael Caldwell, a paleontologist and one of the study’s co-authors, says that the discovery refines our current understanding of early snakes.
How Was the First Half of 2018 for Qualcomm? Qualcomm (QCOM) has been at the center of the US-China (FXI) trade war. The climax of its almost-two-year acquisition of NXP Semiconductors (NXPI) is set to be revealed on July 25, the same day Qualcomm is slated to release its fiscal Q3 2018 earnings.
JPMorgan Chase Co.’s (JPM)chief executive, Jamie Dimon, was the highest-paid CEO in the U.S. banking sector last year, snagging a tidy $28.3 million in total compensation, up 3.9% from the previous year, according to S&P Global Market Intelligence. Bank of America Corp. (BAC)CEO Brian Moynihan came in second place with total compensation of $21.3 million, according to the data company, followed by Michael Corbat, CEO of Citigroup Inc. (C) , who took home $17.8 million. The surprise: Fourth place went to Timothy Sloan of Wells Fargo & Co. Inc. (WFC) , who took home $17.5 million, even as his bank continued to slowly recover from a series of scandals involving the creation of unauthorized accounts and imposition of other products and fees on unsuspecting customers.
Sergio Marchionne has stepped down from his position as CEO of Fiat-Chrysler Automobiles (FCA) about a year earlier than expected due to significant complications from shoulder surgery. The automaker’s board of management appointed Mike Manley, who previously ran the Jeep and Ram divisions, as Marchionne’s replacement during an emergency meeting. Outspoken and influential, 66-year old Marchionne had surgery on his right shoulder in early July.
The first six months of Apple's (NASDAQ: AAPL) current fiscal year -- that's fiscal year 2018 -- have been quite strong. The Mac business has been something of a drag on the results, though, with revenue down 3% during the first half of fiscal year 2018. With Apple soon set to report its financial results for the third quarter and provide guidance for the following quarter, here are some things that investors should keep their eyes on.
What Should Investors Expect from Intel’s Q2 2018 Earnings? Intel (INTC) has created some industry buzz since it announced the abrupt resignation of its CEO, Brian Krzanich, on June 21, which sent the stock on a downtrend. Intel stock picked up on July 3, as China’s (FXI) Internet giant Baidu (BIDU) announced an alliance with Intel for AI and autonomous driving.
Boston Dynamics, maker of uncannily agile robots, is poised to bring its first commercial product to market — a small, dog-like robot called the SpotMini. The launch was announced in May, and founder Marc Raibert recently said that by July of next year, Boston Dynamics will be producing the SpotMini at the rate of around 1,000 units per year. According to Raibert, SpotMini is currently being tested for use in construction, delivery, security, and home assistance applications.
Just about everyone wants to know what famed investor Warren Buffett, the so-called Oracle of Omaha, owns and whether or not they should own those stocks, too. The answer, as with every investment decision, isn't usually a simple yes or no. Which is why these three Motley Fool investors have looked at the stocks that Buffett owns in his own portfolio or as CEO of Berkshire Hathaway to see which ones are most interesting today. Technology giant Apple Inc. (NASDAQ: AAPL), food maker The Kraft Heinz Company (NASDAQ: KHC), and tiny real estate investment trust Seritage Growth Properties (NYSE: SRG) all caught our attention -- but only for the right types of investors.
This year hasn’t been a great one for AT&T (NYSE:T) shareholders. T stock is down 19% since the end of December, as investors grapple with the impact of rising interest rates on dividend stocks, the uncertainty regarding the union of Time Warner and AT&T, and the fact that most of its key markets are not only quite competitive, but highly saturated. A reversal of fortune for struggling AT&T shares may be right around the corner.
Toyota Motor Corp. may stop importing some models into the U.S. if President Donald Trump raises vehicle tariffs, while other cars and trucks in showrooms will get more expensive, according to the automaker’s North American chief. The Japanese carmaker is busy analyzing scenarios about how tariff schemes could affect each of its car and truck lines, said Jim Lentz, chief executive officer for Toyota’s North American operations. Trump’s Commerce Department held a hearing Thursday on its probe into whether imports of passenger vehicles compromise U.S. national security.
For almost any investing strategy, growth stocks provide your portfolio with the extra lift necessary for robust success. If growth stocks go sideways, investors usually have no recourse other than to hope shares turn back up. Most growth stocks have already skyrocketed in the markets, leaving little room for capital appreciation.
General Electric (NYSE:GE) and Microsoft (NASDAQ:MSFT) reported earnings and reacted in very different ways. Tesla (NASDAQ:TSLA) could be gearing up for a big move, too. Not long ago, General Electric (NYSE:GE) got the boot from the Dow Jones.
Saving money is a little bit of an obsession of personal finance and early retirement bloggers. Surely, saving money has something to do with getting rich, right? The act of saving money won’t, in and of itself, make anyone rich.