The conference of foreign ministers taking place this week in London got some Hollywood star power on Thursday, with UN envoy Angelina Jolie addressing the issue of sexual violence during conflicts around the world. (April 11)
Google is celebrating Stephen Keshi, former captain and coach of the Super Eagles, Nigeria’s soccer national team, with a doodle on Google Nigeria on what would have been his 56th birthday. Keshi is famous for being the one of the two people, alongside Egypt’s Mahmoud El-Gohary, to have won the African Cup of Nations (AFCON), Africa’s biggest soccer tournament, as a player and manager. Keshi first won the title in 1994 as captain of the Super Eagles and, 19 years later, won it again as manager leading a less-than-fancied Super Eagles side. He died in June 2016. In a soccer-mad nation where the sport is a national pastime and often a unifying event, Keshi was well-loved and is fondly remembered
The California Highway Patrol (CHP) says a driver was found passed out in his Tesla with a very high blood alcohol content on San Francisco’s Bay Bridge on Friday. The driver, according to CHP, claimed the car had been “set on autopilot” in an apparent attempt to defend himself. Driver explained Tesla had been set on autopilot.
With Amazon (NASDAQ: AMZN) narrowing its list of potential cities for its second headquarters last week, one Wall Street technology analyst believes he knows which of the remaining candidates have the inside track for the economically game-changing project. GBH Insights' Daniel Ives predicts five cities out of the new list of 20 candidates have a better chance to get Amazon's second headquarters than the rest. Amazon announced Thursday it narrowed the list of potential sites for its second headquarters to 20 locations.
It’s a well-established fact that Susan Sarandon isn’t afraid of making a statement, whether that means letting Twitter users know that she was having the “worst time” at the 2016 DNC or in the case of Sunday night, taking to the 2018 Screen Actors Guild Awards red carpet to stun viewers with some serious glamour with a sequined gown and a pair of very fabulous sunglasses. Sarandon, who walked the red carpet alongside her Thelma & Louise co-star Geena Davis, sagely protected herself from the bright sun pounding down, with a pair of mirrored shades that nicely complemented her glittering navy blue gown.
Bank of America is ending a free checking account often used by people with low incomes, now requiring customers to keep more money in their accounts in order to avoid a monthly fee. The Charlotte, N.C.-based bank this month is moving all of its remaining eBanking customers to standard core checking accounts that charge a $12 monthly fee unless the customer receives a direct deposit of $250 or more or a minimum daily balance of $1,500, the Wall Street Journal reported. The move has been ongoing since 2015.
(Reuters) - Johnson & Johnson (JNJ.N) reported a quarterly loss due to a $13.6 billion (9.75 billion pounds) charge related to the new U.S. tax law, but beat adjusted quarterly profit estimate on strong demand for new cancer drugs and gains from its
After writing extensively for Forbes on GE’s plummet in the past few months, it was striking that both GE and Ford delivered negative guidance to the Street last Tuesday. Ford’s truth bomb–delivered at the Deutsche Bank Global Auto Industry Conference–was particularly destructive. Ford CFO Bob Shanks noted that 2018 earnings were likely to be in the range of $1.45-$1.70 versus a preliminary read on 2017 EPS of $1.78 (full results are due Thursday.) So, in the midst of the Trump Jump in the U.S. and data showing an increasing rate of growth in almost every other major global economy, Ford is predicting–at the midpoint of its guidance range–an EPS decline of 10% in 2018. How does that happen?
Thirty children have died from confirmed influenza-related causes so far this flu season, according to the Centers for Disease Control and Prevention’s (CDC’s) most recent weekly report, released last Friday. CDC Director Brenda Fitzgerald has described the 2017-2018 flu season as “very active,” and has said that much of the country is experiencing “widespread and intense flu activity.” During a Jan. 12 press update, Fitzgerald said that influenza A, H3N2, has been the most common strain of flu virus reported this year. “These viruses are often linked to more severe illness, especially among children and people age 65 and older,” she said.
Blackstone Vice Chairman Byron Wien gives his 2018 projection for the Fed, markets and overall U.S. economy.
Rite Aid Corporation RAD is on track with the process of transferring stores and related assets to Walgreens Boots Alliance Inc. WBA under its amended and restated asset purchase agreement. Per the agreement, Walgreens will buy 1,932 Rite Aid stores, three distribution centers and related inventory in an all-cash deal of around $4.375 billion. The company is carrying out the transfer of assets in a phased manner.
If you’ve not already heard about it, the Daily Mail would like you to know to the following: ‘Potentially hazardous’ asteroid the size of the Burj Khalifa is heading towards Earth at 67,000 mph. It is the largest space rock to brush past our planet this year and previous research has found a rock of this size could plunge Earth into a mini-ice age if it hit. What are the chances of it hitting the Earth? NASA says zero. The asteroid called 2002 AJ129 will fly safely past the Earth on Feb. 4. The same is true for previous warnings from the Daily Mail for other asteroids, such as “lorry-sized” 2017 YD7, which safely flew past the Earth on Jan. 3, or “rogue asteroid” 2010 NY 65, which did the same
Kim Dotcom, the founder of file-sharing site Megaupload, is suing the New Zealand government for billions of dollars in damages over his arrest in 2012. The internet entrepreneur is fighting extradition to the US to stand trial for copyright infringement and fraud. Mr Dotcom says an invalid arrest warrant negated all charges against him. He is seeking damages for destruction to his business and loss of reputation. Accountants calculate that the Megaupload group of companies would be worth $10bn (£7.2bn) today, had it not been shut down during the raid. As he was a 68% shareholder in the business, Mr Dotcom has asked for damages going up to $6.8bn. He is also considering taking similar action
President Donald Trump signed a bill reopening the government late Monday, ending a 69-hour display of partisan dysfunction after Democrats reluctantly voted to temporarily pay for resumed operations. The House approved the measure shortly thereafter, and President Donald Trump later signed it behind closed doors at the White House. Democrats climbed onboard after two days of negotiations that ended with new assurances from Senate Majority Leader Mitch McConnell that the Senate would consider immigration proposals in the coming weeks.
Wal-Mart (NYSE: WMT) has always been a lightning rod for the debate on living wages. Critics contend the company has built its success on the back of low-wage employees, noting that many of Wal-Mart's employees are dependent upon government assistance. New CEO Doug McMillon has done an admirable job reversing this criticism.
Private investigators in Canada believe that a prominent billionaire couple found dead in their Toronto mansion last month were murdered by multiple assailants, pouring cold water on the theory that their deaths were a result of a murder-suicide. Police had earlier deemed the deaths of Barry Sherman, 75, and his wife Honey, 70, “suspicious” after a realtor discovered the bodies dangling from a railing near their basement swimming pool on December 15. Read more: A Billionaire Couple Was Found Dead Over the Weekend.
In January 2008, Apple Inc. (NASDAQ: AAPL) had only released the iPhone about six months prior, and in the U.S. it was available only through a single cellular carrier. Even with its positive reception and early success, few people were expecting the
FOX News senior judicial analyst Judge Andrew Napolitano on how damaging the four-page FISA memo could really be to the U.S. government.
A nonpartisan watchdog group has filed complaints with both the Department of Justice and Federal Election Commission alleging that the reported payment to adult film star Stormy Daniels, who said she once had an affair with President Donald Trump, arguably violates campaign finance laws and should be subject to an investigation. The group, Common Cause, sent copies of the complaint Monday to the FEC and the DOJ, the latter of which was addressed to Deputy Attorney General Rod Rosenstein and accompanied by a letter requesting an investigation into the payment.
Three months ago, Boeing (NYSE: BA) took a step into the 21st century, buying a small manufacturer of vertically launching-and-landing, electrically powered, optionally piloted drone aircraft. In November, I talked a bit about Boeing's new prize -- Aurora Flight Sciences -- after the now-Boeing subsidiary won a small NASA contract to conduct a "comprehensive evaluation" of a new concept for supplementing conventional gas turbine airplane engines with turboelectric booster engines attached to an aircraft's tail. If the concept pans out, it could boost airplane fuel efficiency by as much as 50%, and pose a severe challenge to Airbus' ability to compete with Boeing on fuel efficiency.
Goldman Sachs’ private wealth management advisors are telling its wealthiest clients that stocks are not in a bubble and that the bull market likely continues. “We recommend that clients stay invested in equities notwithstanding currently high valuations and the constant cascade of warnings that we are in an equity bubble.
There’s no two ways about it: Berkshire Hathaway Inc. (NYSE:BRK.A, NYSE:BRK.B) stock, under the guidance of legendary stock-picker Warren Buffett, has been a better bet than the broad market for any portion of the past 50 years of Berkshire’s existence. While the S&P 500 mustered a heroic 22% gain in 2017, BRK stock — the A shares as well as the B shares — advanced nearly 30%. Will the next 50 years be as fruitful for current and would-be Berkshire investors?
When the law takes effect on July 1, Vermont will be the ninth state, in addition to the District of Columbia, to legalize recreational marijuana. Colorado, Washington, Oregon, California, Alaska, and Nevada all permit recreational marijuana sales while Massachusetts and Maine will do so later this year. Vermont’s law was the first recreational marijuana law to be passed by a state legislature.
General Electric shares continued to plumb new depths after Bank of America Merrill Lynch downgraded the troubled bellwether on Monday. The stock fell last week below $17 a share after GE said earlier in the week that it would take a $6.2 billion after-tax charge because of its GE Capital insurance portfolio and that it expects to contribute $14 billion over the next seven years to shore up the company's reserves. Analyst Andrew Obin told investors that the industrial conglomerate is likely to slash its 2018 outlook when it reports fourth-quarter results on Wednesday.Our outlook "reflects lower earnings estimates, zero equity value assigned to GE Capital, and lower value assigned to GE Digital initiatives, as we don't see the market paying up for this optionality," wrote Obin in a note to clients.
A Vietnamese former state oil executive who was allegedly kidnapped from Germany was jailed for life on Monday for embezzlement, in the highest-profile corruption trial to target the communist country's business and political elite. The case -- also involving 21 other officials, including a former party politburo member -- has captivated a country where the affairs of the powerful are normally kept secret and the downfall of senior politicians rarely happens in public. Vietnam has mirrored China in its massive corruption purge, but critics say the campaign is as much about targeting political foes as it is about tackling graft in one of Southeast Asia's most corrupt nations.
BMW and Mercedes are planning to test car subscription services this year. Auto companies hope subscription-based and other mobility services will make revenue more consistent. The auto industry has posted strong sales numbers in recent years, which has made car manufacturers and dealerships scared about the future.