CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil was up slightly today and gold hit a one-month low over fears of inflation in China and speculation of a Fed taper.
Burger King is launching a new Double Quarter Pound King Sandwich today, a new burger containing a half-pound of beef topped with American cheese, pickles, sliced onions, and ketchup on a toasted sesame seed bun, reports USA Today. It contains 60% more meat than was included in the previous Big King burger. Burger King is putting McDonald's straight in its crosshairs with the new burger.
Watch Entertainment Tonight on Yahoo View. While plenty of people have been busy paying attention to Meghan Markle’s artfully mussed low chignon, another royal’s new hairstyle — or rather, the lack thereof — made its debut. Prince William showed off
Apple will allow iPhone users to switch off the performance reductions that the company has introduced in the last year to counteract the effects of ageing batteries, Tim Cook has said. Cook’s comments came in a Wednesday ABC interview that largely dealt with Apple’s plans to pay $38 billion in taxes to repatriate hundreds of billions of overseas dollars—a move it attributes to the recent tax overhaul—and to recruit 20,000 workers over the next five years. The interview also delved into the battery controversy, which hit last month when it emerged that Apple aapl was artificially degrading the performance of certain older iPhone models.
The Force isn’t just weak in China, it’s pretty much non-existent. Star Wars: The Last Jedi has been pulled from cinemas in parts of China after tanking with audiences. In its second week, box office receipts were down a jaw dropping 92%.
There is an advertisement online that’s been stalking people as they surf around the internet. You’ve probably seen them, too: A man with wild hair and wire-rimmed glasses, staring out into the beyond, with bitcoin logos next to his face. The ad might say something like “Crypto-Genius Reveals the ‘Next Bitcoin’” or “California genius says, this is the next bitcoin.” Some even use a variation on the classic clickbait syntax: “bitcoin won’t want you knowing this cryptocurrency,” as if bitcoin were a corporation, trainer, or language professor.
The 13 siblings who were allegedly kept in captivity for years in their Perris, California, house often had no access to a bathroom, were not allowed to shower more than one time per year and received just one meal per day, prosecutors alleged on Thursday. Prosecutors filed 38 charges against the siblings’ parents, David Allen Turpin and Louise Anna Turpin, the Associated Press reports. “This is severe, emotional and physical abuse, there is no way around that,” Riverside County District Attorney Mike Hestrin said when announcing the charges on Thursday.
Apple co-founder Steve Wozniak told an audience of Silicon Valley veterans that he's still a company employee after four decades.
A massive “potentially hazardous” asteroid spanning more than the length of the world’s tallest building will fly by our planet on Feb. 4. The roughly .7-mile long asteroid is considered longer than the Burj Khalifa, which at .5 miles high currently stands as the world’s tallest building, and will fly at a speed of 67,000 miles per hour just 2.6 million miles from Earth. “This is a fairly routine close approach of an object that we have known about for many years,” said Paul Chodas who manages the Center for Near Earth Object Studies at NASA’s Jet Propulsion Laboratory. Asteroid 2002 AJ192 was discovered in 2002.
The mother of a healthy 10-year-old Connecticut boy who died suddenly of complications from the flu is warning other parents to watch their children closely during one of the most active flu seasons in years. “Ten years of health,” Nico’s mother, Mimma Mallozzi, tells TIME.
The Trump administration’s decision to exclude Haitians from receiving temporary agricultural and seasonal visas in the U.S. could work against the interests of the Trump Organization. An announcement from the Department of Homeland Security (DHS)
Meghan Markle and her sidekick Prince Harry are in the midst of a number of public appearances following the announcement of their upcoming nuptials this spring. With the scene soundtracked by some upbeat pop, Markle seemed to be very much enjoying herself in the midst of the group. Markle and the Prince also chatted with local high school students about fitness as they rode stationary bikes, and spent time greeting fans and receiving gifts outside the castle while on their Welsh jaunt.
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
Emirates Airline has pledged to order up to 36 extra Airbus A380s, and, in doing so, has essentially saved the European firm’s flagship commercial plane from the scrapheap. The double-decker A380 is very expensive to run, and only really makes commercial sense on fully-booked flights. Airbus has only delivered 222 of them since they entered service in 2007 and, just a few days ago, the company warned it may have to end production unless a big new order came in soon.
For the past year, one of my favorite companies to discuss was Micron Technology, Inc. (NASDAQ:MU). Ordinarily, I would say the same thing about Micron stock. Unfortunately, some indicators suggest that time (and exceptional bullishness) is catching up to MU stock.
U.S. Secretary of State Rex Tillerson said on Wednesday the United States is getting evidence that international sanctions are “really starting to hurt” North Korea, even as he accused Russia of not implementing all of the measures. U.S. President Donald Trump told Reuters in an interview earlier on Wednesday that Russia was helping North Korea evade international sanctions and that Pyongyang was getting closer every day to being able to deliver a long-range missile to the United States.
Early retirement planning makes you rethink what brings you happiness and life satisfaction outside of your career and improves your financial footing. Many Americans are unprepared for retirement and may need to continue working during their 60s and beyond. The sooner you begin planning and making serious efforts to secure your retirement future, the greater your chances of achieving it.
A former student at the University of Alabama has apologized after posting videos to social media in which she used the N-word repeatedly. Harley Barber, who identified herself as a member of the Alpha Phi sorority on Instagram, said Wednesday in an interview with the New York Post that she was expelled from the school following the incident. While university officials did not confirm whether Barber was expelled, a spokesperson told the Associated Press that she is no longer enrolled at the college.
Amazon's second home could be in an already tech-heavy city, such as Boston, New York or Austin, Texas. The 20 picks, narrowed down from 238 proposals, are concentrated mostly in the East and the Midwest and include several of the biggest metro areas in the country, such as Chicago, Washington and Los Angeles, the only West Coast city on the list. Many cities drew up elaborate presentations that included rich financial incentives.
Question: My wife died two years ago at age 53. I am currently 53. At the time, I was told that I would receive 80% of her Social Security when I reached retirement age in addition to my Social Security if I did not remarry. Is this true? We both worked long enough to qualify for Social Security at retirement age. Answer: Looks like you got some bad information, according to Joe Elsasser, president of Covisum and the developer of Social Security Timing. "The general rule of thumb for coordinating all benefits is that a beneficiary receives the higher of his or her own benefit or the benefit of the deceased," he said. That said, even after the law changes a few years ago, Elsasser said there are
Teva Pharmaceutical Industries Ltd (ADR) (NYSE:TEVA) had a very bad 2017. TEVA was the largest generic drug manufacturer in the U.S. And it also had a brand drug, Copaxone, that was doing well and represented about 80% of its free cash flow. Kare Schultz, a Danish Novo Nordisk A/S (ADR) (NYSE:NVO) veteran with a solid reputation for rebuilding struggling pharmaceutical firms, took the helm.
It looks like Qualcomm (NASDAQ: QCOM) is getting ready to put the final John Hancock on its $38 billion buyout of NXP Semiconductors (NASDAQ: NXPI). Another major hurdle has been cleared, as the European Commission blessed the deal -- with a few conditions. Two of the European Commission's three original concerns will be relieved by commitments from Qualcomm to give other chip-makers fair access to NXP's industry-standard patents for many years.
Credit card company American Express is reporting it lost $1.2 billion in the fourth quarter, as the company booked large one-time charges related to the new tax law. On a per-share basis, American Express said it lost $1.41 a share, compared with a profit of $825 million, or 88 cents per share, in the same period a year earlier. Excluding the one-time charges, AmEx said it earned $1.58 a share. American Express's quarter booked a $2.6 billion charge against its results. Some of the charges were tied to AmEx's deferred tax assets, or credits it could have used toward future tax bills, which it had to write down. The company also had profits it had earned abroad, and was bringing them back to
Twitter Inc (NYSE:TWTR) has been roaring higher after a strong end to 2017. TWTR stock is up 60% from its lows in August. While a buyout from Walt Disney Co (NYSE:DIS) is seemingly off the table thanks to its M&A deal with Twenty-First Century Fox Inc (NASDAQ:FOX, NASDAQ:FOXA), other suitors are still there.
It’s time to double down on General Electric Company (NYSE:GE), but it’s not what you think. With GE stock’s prospects going from bad to worse, capitalizing on General Electric remains the domain of bears and ripe for another bear put spread investment. Just when some investors may have felt conditions couldn’t possibly get any worse for GE stock, it has.