CNBC's David Faber reports AT&T says it is confident regulators will approve the merger with DirecTV. Faber provides insight to the scale of the potential deal, and the impact to AT&T's content costs.
The Broward sheriff deputy assigned to Marjory Stoneman Douglas High School resigned on Thursday, about a week after a school shooting there that left 17 people dead. Scot Peterson, a school resource officer from the Broward County Sheriff’s office, waited outside the school building without ever going inside, sheriff Scott Israel said during a news conference on Thursday. “What I saw was a deputy arrive at the west side of building 12, take up a position, and he never went in,” Israel said Thursday, referring to the school building where the shooter went on his rampage.
Southwest Airlines said Thursday that a dog injured a child as passengers boarded a flight in Phoenix, an event likely to fuel the debate over the growing number of emotional-support animals on planes. A passenger on Wednesday's Phoenix-to-Portland, Oregon, flight tweeted that a dog bit a girl as she approached it, and that she screamed and cried. Southwest said the dog's teeth "scraped a child's forehead" and paramedics checked the girl, who appeared to be 6 or 7 years old.
By Andrea Hopkins and Nidhi Verma OTTAWA/NEW DELHI (Reuters) - Canadian and Indian officials scrambled on Thursday to explain how a convicted Sikh extremist was invited to a New Delhi reception for Justin Trudeau, the latest misstep in the Canadian prime minister's bumpy eight-day trip to India. The tour has been overshadowed by suggestions of a lukewarm reception by the government and a series of photo ops featuring the Trudeau family in coordinated Indian attire that have raised eyebrows in both countries. The latest flashpoint, a swiftly cancelled invitation by the Canadian delegation to Jaspal Atwal -- convicted in 1986 of the attempted murder of an Indian politician visiting Canada -- came just days after Trudeau had assured his hosts he would not support anyone trying to revive a separatist movement in India.
Rev. Billy Graham, the famous evangelist who preached to full stadiums and advised presidents, died at the age of 99 on Wednesday. Billy Graham was also a wealthy man, leaving behind a fortune of real estate holdings, book royalties, and more—though biographers say his humility made him turn down opportunities to earn much more. Here’s what we know about Billy Graham’s money.
Shares of the Snapchat parent company sank 6.1 percent on Thursday, wiping out $1.3 billion in market value, on the heels of a tweet on Wednesday from Kylie Jenner, who said she doesn’t open the app anymore. Jenner’s tweet was followed late Thursday by one from Maybelline New York, asking its followers if it should stay on the Snapchat platform. The beauty-product brand owned by Paris-based L’Oreal SA said its “Snapchat views have dropped dramatically,” but it still wanted to connect with its followers.
Former President Barack Obama is throwing his support behind the teenagers vocally advocating for stricter gun control in the wake of the deadly Florida school shooting last week. “Young people have helped lead all our great movements,” Obama said on Twitter. Obama’s show of support came shortly before Wayne LaPierre, the National Rifle Association’s Executive Vice President, told the Conservative Political Action Conference Thursday that politicians and the media are exploiting the Florida school shooting to expand gun control and ultimately abolish the second amendment.
Ivett Toth sure knows how to stand out in a crowded field of female figure skaters for the 2018 Winter Olympics. During the women’s figure skating short programs on Tuesday night in PyeongChang, Hungary’s Toth surprised crowds — both at the rink and around the world — with her unorthodox choice of music. Toth may be just 19, but there’s no doubt her clear love for the classic rock band transcends generational taste.
Revenue was up 5.5% for MGM Resorts to $2.6 billion and net income jumped from $24.7 million a year ago to $1.4 billion, or $2.42 per share. Digging into the numbers, you get a picture of why MGM Resorts had an underwhelming quarter in what seemed to be a favorable operating environment. Revenue per available room was down 4.9% on the Las Vegas Strip, driven by high-end resorts like Bellagio, MGM Grand Las Vegas, and Mandalay Bay all having both lower average daily room rates and lower occupancy versus a year ago.
Ferrari's new SF71H Formula One car already looks a big step up from last year's before it has turned a wheel in anger, four times world champion Sebastian Vettel said at Thursday's unveiling. Vettel won five races last season but finished runner-up to Mercedes' Lewis Hamilton, who is now also a four times world champion.
Thursday has been a gloomy day in the cryptocurrency markets, with more than 95% of the top 100 cryptocurrencies in the red. Bitcoin (BTC-USD), which had rallied to more than $11,000 recently, is back below the key psychological $10,000 level again. Is this just profit-taking as many experts are suggesting, or is demand for cryptocurrencies starting to fade?
Shares of tech behemoths Amazon AMZN and Netflix NFLX are surging this year. While both stocks are solid growth names, Netflix looks attractive over Amazon, said Mark Tepper, president and CEO of Strategic Wealth Partners. Netflix, on the other hand, could easily raise prices by 50 percent, and nobody would bat an eye, so we would take Netflix at this level," he said.
Millions of people take antidepressants for depression. On Wednesday, a large new study provides evidence that antidepressants are more effective than placebo at treating acute depression in adults. The study, published in the journal The Lancet, looked at the published data from 522 randomized controlled trials testing 21 different types of antidepressants.
Bill Gates sat down with talk show host Ellen DeGeneres for the first time this week. Gates officially became a billionaire when he was 31 — the youngest billionaire in history, at the time. But the boost to his bank account didn't send him on a spending spree.
For years, European countries have commanded the most powerful passports in the world. Now, that title belongs to Asia. The Passport Index, which ranks nations based on travel freedom and visa requirements upon entering foreign countries, declared Tuesday that South Korea now wields the world’s most powerful passport, joining Asian city-state Singapore atop the rankings. South Korea and Singapore now outrank Germany’s passport, which in recent times topped the charts.
When Joe LaGuardia heard there had been a mass shooting at Marjory Stoneman Douglas High School, he said he knew in the pit of his stomach that his longtime friend Aaron Feis was doing everything possible to save students. LaGuardia was heading to an Ash Wednesday service when he got news of the shooting. Feis, an assistant football coach and security guard at the school of 3,200 students on the edge of the Florida Everglades, was among 17 gunned down by a former student who police said returned to the school with an AR 15 assault-style rifle just before dismissal on Feb. 14.
Thousands of people are being arrested and jailed each year because of outstanding civil debts, despite the United States banning debtors' prisons nearly 200 years ago, according to a new report from the American Civil Liberties Union.
February 22, 2018 – Today, Zacks Investment Ideas feature highlights Features: Nasdaq 100 triple leveraged ETF TQQQ, NVIDIA NVDA, Alibaba BABA, Lam Research LRCX and Apple AAPL. See my article on how some of us played the fear and bought the lows last week in the Nasdaq 100 triple leveraged ETF ...
What do you do with your money when you're one of the world's wealthiest individuals? Bill Gates has amassed a net worth upwards of $91 billion as of 2018. Gates earned the majority of his vast fortune as one of the founders of Microsoft Corporation (MSFT) , where he served as CEO, chairman, and chief software architect. Gates was the largest individual shareholder of Microsoft as well, until May, 2014 when he stepped down from the chairmanship. Here is where this billionaire stashes some of his money. Investments in Corporations While Gates can credit Microsoft for the bulk of his current wealth, his shares in the companyin MSFT make up just around 20% of his holdings today. The majority of
Having already dispatched leader Kim Jong-un’s sister to the opening ceremony of the Winter Olympics, North Korea is sending another big gun to mark the closing of the games. South Korean officials said today (Feb. 22) that 72-year-old general Kim Yong-chol, a vice chairman of the central committee of North Korea’s Workers’ Party of Korea, will lead an eight-member delegation to Pyeongchang for a three-day visit on Sunday (Feb. 25). Kim’s visit, the latest in a series of diplomatic efforts to repair relations between Pyongyang and Seoul, was met by strong protests from opposition parties in South Korea. Kim, who previously headed the North’s reconnaissance bureau, is suspected in South Korea
California's agriculture industry already faces a farm labor shortage, but now it's facing added pressure due to a wave of employee audits ordered for large farms throughout the state's Central Valley. Up to 10 agribusiness employers in the state's San Joaquin Valley were recently contacted by the U.S. Immigration and Customs Enforcement about notices of inspection, said Manuel Cunha, president of the Nisei Farmers League, a Fresno-based agriculture advocacy group. "These ICE audits have had nothing but a chilling, damaging effect," Cunha said Thursday. Some have suggested that California businesses are being unfairly targeted in the Trump administration's immigration enforcement efforts due
Some people have to pay federal income taxes on their Social Security benefits. This usually happens only if you have other substantial income (such as wages, self-employment, interest, dividends and other taxable income that must be reported on your tax return) in addition to your benefits.
When Hewlett Packard Enterprise Co. reports earnings Thursday afternoon, there will be at least one big change. This week’s conference call will be the first to feature Chief Executive Antonio Neri, who took over the top spot in early February following the departure of Hewlett-Packard veteran Meg Whitman. HPE HPE, +0.89% shares dropped 7.2% the day after the company’s last earnings report, which brought a disappointing outlook as well as the news of Whitman’s plans to step down. Thursday will mark an early opportunity for Neri to outline his vision for the company, highlight progress on the company’s goal of turning around the business, and reassure investors of a smooth transition. Investors
Shares of Chesapeake Energy Corporation (NYSE: CHK) are soaring today, up nearly 15% as of 10:00 a.m. EST, after the company reported a strong fourth quarter and a brighter outlook for this year. Chesapeake Energy reported adjusted net income of $314 million, or $0.30 per share, in the fourth quarter. Fueling Chesapeake's stronger-than-expected results was a combination of an 11% increase in oil output, an 18% decline in operating expenses, and an improvement in oil and gas prices.
You can almost hear the sound of keyboards at Pfizer's (NYSE: PFE) headquarters in New York crunching the numbers on potential deals. The giant drugmaker was eerily quiet on the mergers and acquisitions (M&A) front last year. If Pfizer chooses to go big, I suspect the most likely acquisition candidate is Bristol-Myers Squibb (NYSE: BMY).
During a press conference in PyeongChang this week, Moir directly addressed the question at long last, explaining what’s up with him and Virtue as far as their two-decades-long athletic partnership is concerned. “Relationship status is none of your business,” he said, somewhat jokingly, to press. “But I can say that the last two years we’ve been in a very committed relationship with our sport.