The First Lady played ping pong, tried her hand at calligraphy but avoided politics on her visit to China, report CNBC's Eunice Yoon.
My iPhone X is fine. I picked up the $1,000 rectangle of glass and aluminum on launch day. I’ve been on Apple’s upgrade program since it launched in 2015, which means I pay a monthly fee, currently $56, and get each new iPhone as it’s released every year. I switched my main phone from Android to iPhone in 2014, with the launch of the iPhone 6. I’ve been there through the iterative years of the designs with the iPhone 6, 6s, 7, and 8. I’ve continued to pay for these phones, because, as my colleague Akshat recently put it, “Apple was producing the best damn phones in the market.” But Apple no longer has a monopoly on quality. Samsung’s most recent phones were my favorites of last year, and for
MOSCOW/LONDON (Reuters) - As OPEC's efforts to balance the oil market bear fruit, U.S. producers are reaping the benefits - and flooding Europe with a record amount of crude. Russia paired with the Organization of the Petroleum Exporting Countries last year in cutting oil output jointly by 1.8 million barrels per day (bpd), a deal they say has largely rebalanced the market and one that has helped elevate benchmark Brent prices close to four-year highs. Now, the relatively high prices brought about by that pact, coupled with surging U.S. output, are making it harder to sell Russian, Nigerian and other oil grades in Europe, traders said.
The manhunt for Waffle House shooting suspect Travis Reinking continued Monday morning as law enforcement agents are searching for the 29-year-old alleged shooter, who is still on the run and may be armed and dangerous. Metropolitan Nashville Chief Police Steve Anderson said at a news conference that Reinking is most likely on foot and is probably still close to the area, unless he was picked up by a car. Reinking has had numerous brushes with the law that may demonstrate his mental state.
At the time, Southwest said those inspections would cause some impact on operations, but it has not said how many engines it planned to inspect. On Friday, the Federal Aviation Administration and European airline regulators ordered emergency inspections within 20 days of nearly 700 aircraft engines similar to the one involved in a fatal Southwest engine blowout earlier this week. The engine explosion on Southwest Flight 1380 on Tuesday was caused by a fan blade that broke off, the FAA said.
Korean Air Lines said Monday that two daughters of its chairman will resign from their executive positions amid mounting public criticism over the women's behavior and allegations that the family engaged in smuggling. An official at the Korea Customs Service, meanwhile, confirmed that authorities raided the airline's headquarters in Seoul seeking evidence on alleged smuggling and tariff evasion. Chairman Cho Yang-ho announced the resignation of his daughter Hyun-ah, who returned to leadership last month after a four-year hiatus following a "nut rage" scandal, and her younger sister Hyun-min, who is under investigation for allegedly hurling a cup of water at a business meeting.
Reddit co-founder Alexis Ohanian joins a growing list of tech luminaries who believe that limiting screen time fosters better psychological and social development.
Today, I don’t work in real estate, but I was an agent for many years during my 20s and early 30s. Click to read more about common real estate myths you should know. Here are five home-buying mistakes that I never knew before becoming a real estate professional.
Bitcoin Cash is up 17% against the dollar on Monday. The cryptocurrency has risen 80% over the last seven days. An upcoming 'fork' of the currency — a change to its underlying code — appears to be supporting the price rally. Follow the live Bitcoin Cash
Prince Harry and bride-to-be Meghan Markle were matching in navy blue at Queen Elizabeth’s star-studded birthday concert Saturday night — and people on social media took notice. Markle wore a navy Stella McCartney caped dress with matching navy suede
It was looking like a banner year for business in China. The U.S. clothing company was expecting a 20 percent jump in online sales on Alibaba's Tmall, thanks to the e-commerce giant's massive reach. The company refused to sign an exclusive contract with Alibaba, and instead participated in a big sale promotion with its archrival, JD.com Inc. Tmall punished them by taking steps to cut traffic to their storefront, two executives told The Associated Press.
Reagan's stock market gives clues for the Dow's next move: Acampora 2:27 PM ET Fri, 20 April 2018 | 01:53 Donald Trump, like Ronald Reagan before him, is an outside-the-beltway president. That recently prompted longtime market watcher Ralph Acampora to investigate whether the two had anything else in common. What he found could be a warning to the stock market. "Ronald Reagan had a six-month honeymoon," Acampora, director of technical research at Altaira Capital Partners, told CNBC's "Futures Now" last week. "The percentage gain was roughly about 10 percent." When Reagan was sworn into office on Jan. 20, 1981, the Dow Jones Industrial Average was trading at around 950. The index, which at
Social Security is likely to provide more than half of your income as a senior, but chances are good you don't really understand how the program works. Social Security's rules are undoubtedly confusing, especially as you try to figure out when you actually become eligible for benefits. More than 90% of older adults don't know how to maximize their Social Security benefits, according to a survey conducted by Nationwide.
Oil and gas experts are closely watching the Permian Basin in 2018. The Permian Basin has grown crude oil production from 1.5 million barrels per day (bpd) entering 2014 to over 3.1 mbp today -- and that doesn't include natural gas (it's the second-largest gas play in the country) or other petroleum liquids. Current growth trends and expansion projects predict that crude oil output will rise to over 5 mpd sometime in 2023.
Legendary investor Warren Buffett, the founder of Berkshire Hathaway, is bullish on the potential of women in the U.S. to boost the economy. “I have two sisters that are absolutely smart as I am and better personalities,” Buffett told Yahoo Finance’s editor-in-chief Andy Serwer in a wide-ranging interview. According to Buffett, 87, that was the “unseen message” his sisters received growing up.
There is a good reason not to pay attention to General Electric earnings and analysts who cover the company. Because if you did, you would have lost your shirt. To be fair, a couple of analysts have been, belatedly, correct. Compare General Electric’s GE, +0.45% chart with that of the Dow Jones Industrial Average DJIA, +0.23% and the S&P 500 ETF SPY, +0.17% The drastic underperformance of General Electric’s stock will surely jump out at you. Let’s explore the chart. Chart Please click here for an annotated chart of General Electric. Please note the following: • General Electric is showing the first green candle on the chart in a long time. This is positive. • During the selloff, volume picked
Foreign Minister Sergei Lavrov said on Monday that Russia had not yet decided whether it would deliver advanced S-300 missile systems to Syria, but would not make a secret of the matter if it took such a decision, the TASS news agency reported. Russia's daily Kommersant newspaper, citing unnamed military sources, reported earlier on Monday that Russia might start supplying the anti-aircraft missile systems to Syria in the near future. Lavrov said on Friday that Western military strikes on Syria this month had removed any moral obligation Russia had to withhold the missile systems from its ally Syrian President Bashar al-Assad.
The tax reform bill that became law last December did a lot to reduce tax burdens for many taxpayers. Corporations got a clear benefit from seeing their typical tax rate reduced from 35% to 21%, while reductions in tax rates for most income tax brackets and increases to the standard deduction and the child tax credit helped to offset the loss of key itemized deductions for individual taxpayers. One thing that lawmakers chose not to do was to seek to eliminate two taxes that had been put in place during the Obama administration, and so those taxpayers who've gotten hit by those taxes can expect to pay them again in 2018 and beyond.
Fox News Senior Judicial Analyst Judge Andrew Napolitano on Rep. Devin Nunes' comments that there was "no intelligence" to justify the Trump campaign collusion investigation.
President Donald Trump is considering a full, posthumous pardon for Jack Johnson, the first black heavyweight boxing champion, who was convicted of racially tinged federal morals charges more than a century ago. “ Sylvester Stallone called me with the story of heavyweight boxing champion Jack Johnson,” Trump said Saturday on Twitter. “His trials and tribulations were great, his life complex and controversial.
China's ZTE is seeking a resolution to a U.S. ban on selling it parts and software that it has said threatens its survival. ZTE "has learnt from its past experiences on export control compliance and attaches significant importance to the work on export control compliance," the mobile phone and telecoms company said in a statement to the Hong Kong stock exchange. ZTE "is making active communications with relevant parties and seeking a solution to the U.S. export denial order," it added in the statement.
Frederick Smith is the CEO of FedEx Corporation (NYSE:FDX), which has recently grown to a market capitalization of US$66.03B. Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. Incentives can be in the form of compensation, which should always be structured in a way that promotes value-creation to shareholders.
Unlike many of the scandals that have triggered billion-dollar penalties for banks, the problems that led to a 10-figure federal government settlement for Wells Fargo & Co. don’t appear to have colorful emails or trader messages describing bad behavior. Wells Fargo’s WFC, +1.98% risk management already resulted in an unprecedented Federal Reserve sanction of having its growth limited. Wells Fargo, keep in mind, was fined by the CFPB and other regulators after opening millions of customer accounts without permission. To hear the OCC tell it, Wells Fargo did not establish “effective first and second lines of defense,” execute on a comprehensive plan to address compliance risk management deficiencies, fill mission-critical staffing positions, implement a reliable risk assessment and testing program and report compliance concerns adequately to the board.
Former President George H.W. Bush paid a subtle tribute to his late wife, Barbara Bush, at her funeral on Saturday. The former president wore a pair of socks decorated with stacks of colorful books, in a nod to his partner’s longstanding commitment to advancing literacy. George H.W. Bush wore socks with books on them in dedication to Barbara at her funeral today.
For SunPower, the real payoff from this deal won't derive from gaining SolarWorld's manufacturing plant -- the key benefit will come if it wins an exclusion from tariffs for its high-efficiency solar cells and panels, which are made in Asia. SunPower is the only global manufacturer that produces interdigitated back contact (IBC) solar cells at scale, and no U.S. manufacturers use the technology today.
Shares of Philip Morris International (NYSE: PM) plunged 16% on April 19, after the tobacco giant posted a mixed first quarter. It also noted that soft demand in Indonesia -- once a major growth market -- offset its growth in Pakistan and Thailand in South Asia.