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Kyle Busch passes Kyle Larson for win at Bristol

Kyle Busch used his bumper to nudge Kyle Larson out of the way with six laps to go at Bristol on Monday and win his second-straight race of the 2018 Cup Series season.

  • A former Soviet Union interpreter explains why Trump’s meeting with Putin was extraordinary
    Politics
    Quartz

    A former Soviet Union interpreter explains why Trump’s meeting with Putin was extraordinary

    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?

  • Finance
    InvestorPlace

    Like I said, Berkshire Hathaway Stock Is a Steal Below $200

    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.

  • Elon Musk Responds Hours After Analyst Report Citing Model 3 Cancellations Hits Tesla Stock
    Business
    Fortune

    Elon Musk Responds Hours After Analyst Report Citing Model 3 Cancellations Hits Tesla Stock

    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.

  • Finance
    InvestorPlace

    Amazon Will Be the First Trillion-Dollar Company, Not Apple

    A few months ago, Apple (NASDAQ:AAPL) stock was soaring, and everyone was talking about the elusive trillion-dollar mark. For the first time ever, it finally looked like the stock market was about have its first trillion-dollar company. At current stock price appreciation rates, we will have not one, but two trillion-dollar stocks by Halloween 2018.

  • Arcadia Biosciences launching tomato variety with longer shelf life
    Business
    American City Business Journals

    Arcadia Biosciences launching tomato variety with longer shelf life

    Arcadia Biosciences Inc. announced the development of a new tomato variety with an extended shelf life.  Following the announcement on Thursday, Arcadia (NASDAQ: RKDA) shares rose 73 cents, or 10.6 percent, to $7.61.  Arcadia, which specializes in food research and development, engineered the non-genetically modified tomato seeds with TILLING, a screening tool for seed properties. Using TILLING, the company created a library of thousands of seeds and then selected the ones with desired characteristics for a longer shelf life.  Davis-based Arcadia received a patent for the extended shelf-life technology in 2014 and has tested the product in multiple locations, with an anticipated commercial launch in 2019. After identifying the right seed properties, Arcadia found significant increases in fruit quality, durability and yield, it said.

  • The Inmate Teaching Finance Behind Bars
    Business
    Great Big Story

    The Inmate Teaching Finance Behind Bars

    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 Adds Three More U.S. Cities to 5G Plans as It Races Verizon
    Finance
    Bloomberg

    AT&T Adds Three More U.S. Cities to 5G Plans as It Races Verizon

    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.

  • 3 Reasons I'm Not Worried About Netflix After Its Latest Report
    Business
    Motley Fool

    3 Reasons I'm Not Worried About Netflix After Its Latest Report

    Netflix (NASDAQ: NFLX) took a hit after its latest earnings report came out, as the company missed its own subscriber-growth forecast. Not surprisingly, the news sent jitters through the market as investors fretted about future subscriber growth. A single quarterly subscriber miss is totally understandable for Netflix.

  • Business
    Investopedia

    How to Replace Your Paycheck When You Retire

    While it doesn’t seem like it, saving for retirement is easy. You set aside a certain amount each month, or each paycheck, and invest it in your IRA or 401(k). That is, of course, an oversimplification. But once you retire and need to figure out how

  • Multiple Papa John's Employees Describe Sexual Harassment, Nepotism
    Business
    HuffPost

    Multiple Papa John's Employees Describe Sexual Harassment, Nepotism

    Papa John’s founder John Schnatter resigned last week as chairman over his use of a racial slur, but that incident may have just scratched the surface of the company’s problems. According to an explosive Forbes report published on Thursday, the pizza giant also fosters a toxic workplace culture that includes sexual harassment, nepotism and spying on employees. Several female Papa John’s employees described enduring a pattern of sexist and other inappropriate remarks from male colleagues.

  • JPMorgan’s Jamie Dimon was best paid CEO last year—but look who came fourth
    Business
    MarketWatch

    JPMorgan’s Jamie Dimon was best paid CEO last year—but look who came fourth

    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 $2.13 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 to unsuspecting customers.

  • Africa’s richest man thinks Donald Trump is onto something with higher tariffs
    Business
    Quartz

    Africa’s richest man thinks Donald Trump is onto something with higher tariffs

    Aliko Dangote may not agree with president Donald Trump that higher tariffs would be good for the United States, but the Nigerian businessman thinks they could work for his own country. “If you look at what president Trump is doing right now—not that I agree with what he is doing because they are in a totally different economy to what we are—but if you look at where we are today, where there’s no protection, then you are not going to have any industries,” Dangote said to rousing applause. Dangote was on a panel with South Africa’s former finance minister Trevor Manuel and Irish tech billionaire John Collison.

  • July 25: A Big Day for Qualcomm and its Investors
    Business
    Market Realist

    July 25: A Big Day for Qualcomm and its Investors

    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.

  • Business
    InvestorPlace

    3 Things to Watch in Tuesday’s AT&T Earnings Report

    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.

  • 3 Stocks for Warren Buffett Fans
    Business
    Motley Fool

    3 Stocks for Warren Buffett Fans

    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.

  • 3 Great REITs to Buy Right Now
    Business
    Zacks

    3 Great REITs to Buy Right Now

    The stock market’s strong run over the past few years brought attention to high-flying growth stocks, usually from the technology sector, that were consistently outpacing the market. However, fresh volatility within the last few months has shifted the

  • Business
    CNBC

    As Albertsons heads to pivotal vote in Rite Aid merger, touts strong earnings

    The companies think their combined size will make them more competitive against mega-giants Walmart and Amazon. As Albertsons Cos. and Rite Aid RAD head to an August vote over their planned merger, the message to investors is simple: size still matters. The deal, announced in February, would create a new retail giant valued at roughly $24 billion that would combine Albertsons' grocery operations with Rite Aid's pharmacy business.

  • Trump’s interpreter could be grilled by Congress’s Gang of Eight about his chat with Putin
    Politics
    Quartz

    Trump’s interpreter could be grilled by Congress’s Gang of Eight about his chat with Putin

    Several members of the Gang of Eight, a group of US Congress members who are sworn to secrecy on intelligence matters, want to know more about what Donald Trump discussed with Vladimir Putin. Marina Gross, a veteran State Department interpreter, was the only other American in the room when Trump and Putin met for the two-hour private meeting in Helsinki on July 16. What exactly was discussed and agreed has become a critical issue, because the Russian government and the Trump administration appear to have different recollections of the meeting: Russia’s ambassador to the US said the two leaders made “important verbal agreements” on Syria and arms control, while the State Department and White House initially said no concrete deals were made.

  • Will Marijuana Stocks Bloom as US Moves Toward Legalization?
    Business
    Zacks

    Will Marijuana Stocks Bloom as US Moves Toward Legalization?

    Legalization of recreational marijuana is on the verge of becoming a reality in the United States as nine states have already legalized every kind of marijuana use. Additionally, the number of Americans supporting the legalization of marijuana usage in both medical and recreational ways has also increased significantly. Also, the industry witnessed first ever U.S. marijuana IPO from Canadian company Tilray.

  • Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs
    Finance
    Bloomberg

    Toyota May Halt U.S. Imports of Some Models on Trump's Tariffs

    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.

  • Will Tractor Supply's (TSCO) Solid Strategies Aid Q2 Earnings?
    Business
    Zacks

    Will Tractor Supply's (TSCO) Solid Strategies Aid Q2 Earnings?

    Tractor Supply Company TSCO is slated to report second-quarter 2018 results on Jul 26. The Zacks Consensus Estimate for the second quarter is pegged at $1.60, reflecting about 28% growth year over year. Tractor Supply’s focus on store-growth initiatives, ONETractor plan and investment in everyday businesses is commendable.

  • Celebrated Wall Street stock picker Mark Mahaney offers his best tech investing advice: When a company name becomes a verb, it's time to buy (GOOG, GOOGL, TWTR)
    Business
    Business Insider

    Celebrated Wall Street stock picker Mark Mahaney offers his best tech investing advice: When a company name becomes a verb, it's time to buy (GOOG, GOOGL, TWTR)

    One of the most accurate stock pickers on Wall Street recently shared his list of tips on how to spot winners and losers. Wall Street analyst Mark Mahaney, managing director at RBC Capital Markets, is widely known as one of the most accurate stock pickers on the Street.

  • Walmart acquiring Shopify is no longer a laughable idea
    Finance
    TechCrunch

    Walmart acquiring Shopify is no longer a laughable idea

    As competition between Walmart and Amazon intensifies, the acquisition of Shopify's merchant marketplace may be the boost that the Walton family's juggernaut needs to move ahead. At 100,000 sellers a month over the next 5 years, there could be an estimated 11 Million sellers on Amazon’s marketplace by 2023. E-commerce intelligence firm Marketplace Pulse estimates Amazon's Gross Merchandise Volume or GMV for 2018 at $280B, set to triple over a 5-year period, concluding that the marketplace contribution to Amazon's GMV would surpass 70% by 2023.

  • Here’s How IBM Performed in the Most Recent Quarter
    Business
    Market Realist

    Here’s How IBM Performed in the Most Recent Quarter

    IBM (IBM) announced its second-quarter earnings on July 18. The stock surged 3.0% in after-hours trading on the day after beating both earnings and revenue estimates. IBM’s revenue rose 3.7% YoY (year-over-year) in the second quarter, reaching $20 billion.

  • Senate gives up on ZTE sanctions
    Politics
    Engadget

    Senate gives up on ZTE sanctions

    In June, the Senate passed a version of the National Defense Authorization Act that reinstated sanctions against ZTE and would effectively nullify the president's and Commerce Department's deal with the firm. Senators have now decided to abandon the ZTE sanctions in exchange for more oversight for the Committee on Foreign Investment in the US (CFIUS).