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The leader of the failed MH370 wreckage hunt hopes to one day search again

The head of a U.S. technology company that scoured the Indian Ocean seabed for more than three months looking for Malaysia Airlines Flight 370 said on Tuesday he was disappointed the hunt failed to find wreckage and hoped to take part in some future search.

  • Don’t cheat yourself with the 4% rule
    Business
    MarketWatch

    Don’t cheat yourself with the 4% rule

    If you’re planning for retirement, you’re probably thinking about how much you’ll need, how long the money will last, and how much you can safely take out each year. You recognize that in retirement there will be a balancing act between spending on current needs while also preserving enough for your later years. Instead, all-too-often, retirees use simplified rules of thumb to determine how much to take out each year.

  • Marijuana stocks to watch: Aurora Cannabis investments may be more valuable than its pot
    News
    MarketWatch

    Marijuana stocks to watch: Aurora Cannabis investments may be more valuable than its pot

    Aurora Cannabis Inc. is a major pot producer, but if its bets on other cannabis companies continue to pay off, it may be able to stop actually growing weed on its own. Aurora (ACBFF)(CA:ACB) said recently its investments were worth more than C$700 million ($540 million) as of Sept. 21, bolstered in part by demand for pot stocks ahead of full legalization of marijuana in Canada on Wednesday. As the entire sector has benefited, so has Aurora’s portfolio, boosting the company’s fiscal fourth-quarter profit to C$79.9 million, after a loss of $20.8 million the year earlier.

  • This tiny biotech spun a quick $2 billion from $12 million
    News
    MarketWatch

    This tiny biotech spun a quick $2 billion from $12 million

    More than a year ago, the biotech Endocyte Inc. was backed into a corner. The West Lafayette, Ind.-based company (ECYT) announced a “strategic restructuring,” that dreaded corporate-speak, including about a 40% cut to its workforce, leaving it with just 47 employees. The company was also making major changes to its clinical trials, not the best sign as those power a biopharmaceutical company’s entire business.

  • Business
    Benzinga

    Morgan Stanley's Recipe For Strong Q4 Guidance From Tesla

    Tesla Inc. (NASDAQ: TSLA) is set to report third-quarter earnings data in early November after a whirlwind of a quarter that included a chain of events that began Aug. 7 with CEO Elon Musk’s “funding secured” tweet and ended with a Securities and Exchange

  • Why eBay Inc. Stock Plunged Today
    Business
    Motley Fool

    Why eBay Inc. Stock Plunged Today

    What happened Shares of eBay Inc. (NASDAQ: EBAY) were down 8.8% as of 11:15 a.m. EDT Friday after results from PayPal Holdings (NASDAQ: PYPL) revealed weakness in the online marketplace platform's latest quarterly sales. More specifically, when PayPal

  • Why PBF Energy Inc and Other Refining Stocks Are Getting Clobbered Today
    Business
    Motley Fool

    Why PBF Energy Inc and Other Refining Stocks Are Getting Clobbered Today

    Shares of PBF Energy Inc (NYSE: PBF) tumbled as much as 10.9% on Friday, joining a sectorwide sell-off that also saw refiners Valero Energy (NYSE: VLO), Phillips 66 (NYSE: PSX), Marathon Petroleum (NYSE: MPC), and HollyFontier (NYSE: HFC) take it on the chin by sinking more than 5% at one point in the day. A trio of factors seems to be driving these declines.

  • Business
    Investopedia

    Market Sell-Off 80% Over, Will Be Reversed by Stock Repurchases: JPMorgan

    Last week, global markets were hit with a widespread shock that weighed on nearly all asset classes, encompassing even the cryptocurrency space, once viewed as a type of "safe haven" bet unrelated to the broader market. In a note to clients on Thursday, JPMorgan equity strategist Dubravko Lakos-Bujas and team forecasted for U.S. equities to make a comeback as fundamentals come back into play, highlighting stock buybacks as a key driver of the nine-year-bull market, as reported by CNBC.

  • Suze Orman has a killer question for your retirement
    Business
    MarketWatch

    Suze Orman has a killer question for your retirement

    Suze Orman is one of those singular personalities in the financial business who seems to be right on the pulse of everyone she meets. She’s written books, starred in her own television show and made innumerable appearances in person. Like Oprah

  • Why Advanced Micro Devices, Inc. Stock Closed 11% Lower on Friday
    Business
    Motley Fool

    Why Advanced Micro Devices, Inc. Stock Closed 11% Lower on Friday

    Analyst Pierre Ferragu from financial firm New Street Research set his price target for AMD at $18 per share, arguing that the stock has been priced for a level of success that simply isn't realistic. "AMD's stock price reflects a scenario we don't believe possible," Ferragu wrote. In particular, Ferragu sees larger rival Intel (NASDAQ: INTC) getting its manufacturing act together as we speak.

  • Looks like when millennials have some money, they get an ...
    AXP
    CNBC Videos

    Looks like when millennials have some money, they get an ...

    CNBC's 'Squawk on the Street' team discusses markets ahead of the market open.

  • 3 Energy Stocks You Can Buy and Hold for the Next Decade
    Business
    Motley Fool

    3 Energy Stocks You Can Buy and Hold for the Next Decade

    North America needs to build $23 billion of new natural gas-related infrastructure annually through 2035, according to a recent report. Three of the best positioned to capture this growth are Kinder Morgan (NYSE: KMI), Williams Companies (NYSE: WMB), and TransCanada (NYSE: TRP), making them great stocks to buy and hold in the coming decade. Kinder Morgan is already the largest natural gas pipeline company in North America, operating roughly 70,000 miles of pipeline.

  • Should Congress cut entitlement programs to combat rising deficit?
    Politics
    Fox Business Videos

    Should Congress cut entitlement programs to combat rising deficit?

    Maya MacGuineas, Committee for a Responsible Federal Budget, and Wall Street Journal editorial page deputy editor James Freeman discuss America’s deficit problem and how President Trump asked members of his Cabinet to cut their departments’ budgets by 5 percent.

  • 3 Great Stocks Under $10
    Business
    Motley Fool

    3 Great Stocks Under $10

    Among the stocks you can currently purchase for less than $10 per share are Sirius XM Holdings (NASDAQ: SIRI), Annaly Capital Management (NYSE: NLY), and Infosys (NYSE: INFY), and below, we'll take a look at how long they're likely to remain this cheap for would-be investors. Sirius XM was a pioneer in the satellite radio industry, and it's been an investor favorite for years.

  • 5 Retail Stocks That Could Follow in Sears’ Footsteps
    Finance
    InvestorPlace

    5 Retail Stocks That Could Follow in Sears’ Footsteps

    Once upon a time, Sears helped America become a healthy economy again in the post-War years. Back then, no one would’ve guessed that Sears would file for bankruptcy before 2020. Are my retail stocks really all that safe?

  • Procter & Gamble Finally Has Some Good News for Investors
    Business
    Motley Fool

    Procter & Gamble Finally Has Some Good News for Investors

    It has taken some time, but Procter & Gamble (NYSE: PG) shareholders are finally seeing improving results out of the consumer products titan. P&G paired that positive revenue news with an uptick in profitability, too. P&G's expansion rate sped up significantly, with help from strong sales volumes and steady pricing.

  • Will Cloud and Improving Margins Dominate Amazon's Earning Report?
    Business
    Motley Fool

    Will Cloud and Improving Margins Dominate Amazon's Earning Report?

    Part of what drove the company to those dizzying heights was the impressive results Amazon has produced so far this year. The company grew revenue an impressive 41% year over year in the first half of 2018, but Amazon Web Services (AWS) is doing even better, up 48% compared to the first six months of last year. All signs point to another strong performance when Amazon reports the financial results of its third quarter after the market close on Thursday, Oct. 25, but let's look at Amazon's most recent results and see what the company will need to do to continue its upward momentum.

  • Marijuana investors may lose 90% of their money in Canada, so consider the really big prize elsewhere
    News
    MarketWatch

    Marijuana investors may lose 90% of their money in Canada, so consider the really big prize elsewhere

    Marijuana presents a tremendous opportunity for investors over the next few years. Naïve investors are excited. The reality is that professionals will pick their pockets, and many naïve investors who are excited now will end up losing 90% of their investment.

  • The Rich Will Owe This Much Social Security Tax in 2019
    Business
    Motley Fool

    The Rich Will Owe This Much Social Security Tax in 2019

    This has been a big month for Social Security and its more than 62 million recipients. On Oct. 11, 2018, the Bureau of Labor Statistics (BLS) released its September inflation data, which provided the Social Security Administration (SSA) with the final data point needed to calculate the 2019 cost-of-living adjustment, or COLA. Think of COLA as the "raise" that beneficiaries receive from one year to the next.

  • Is Enbridge Inc. a Buy?
    Business
    Motley Fool

    Is Enbridge Inc. a Buy?

    With a roughly $55 billion market cap, Canada-based Enbridge Inc. (NYSE: ENB) is among the largest energy companies in North America. It offers investors a robust 5.5% yield and has increased its dividend annually for 22 consecutive years. Enbridge is generally considered a well-run company, the proof of which is in its impressive dividend history.

  • Colorado’s Marijuana Market Just Hit This Huge Milestone
    Business
    Motley Fool

    Colorado’s Marijuana Market Just Hit This Huge Milestone

    Marijuana has been legally available in Colorado for recreational use since 2014, and consumers' appetite for marijuana products continues to grow due to the launch of new products, including concentrates and edibles. As a result, Colorado's annual marijuana sales surpassed $1 billion in August -- the earliest it has ever achieved that milestone. There's been some debate over how much money would move from the black market to regulated markets following legalization, but Colorado's experience suggests it's substantial.

  • Finance
    Investopedia

    12 Stocks May Plunge as Investors 'Harvest' Tax Losses

    The fourth quarter began with a big stock market selloff, and many investors may be taking a close look at once-loved stocks in their portfolios that have disappointed with significant price declines this year. "Tax loss selling becomes a possible source

  • A New Type of Treatment Shows Promise Against Aggressive Breast Cancer
    News
    Time

    A New Type of Treatment Shows Promise Against Aggressive Breast Cancer

    In many cases, breast cancer is considered a treatable disease — as long as it’s diagnosed early and treated with the proper combination of surgery, chemotherapy, radiation or targeted drugs. The reason it’s so deadly is that these cancer cells lack the docking points for three proteins — the hormones estrogen and progesterone, and human epidermal growth factor receptor 2 (called HER2) — that effective drugs can latch on to in order to destroy tumors. Women diagnosed with triple-negative breast cancer, who make up 15% to 20% of breast cancer patients, often try chemotherapy after chemotherapy, working through each drug until their cancer starts growing again, at which point they move on to the next drug.

  • This Marijuana Investment Firm's 11 Top Cannabis Picks for Explosive Growth
    Business
    Motley Fool

    This Marijuana Investment Firm's 11 Top Cannabis Picks for Explosive Growth

    The marijuana industry has become a hotbed of investment activity, and players of all sizes are looking to get into the action. On top of all the interest from ordinary investors, cannabis companies have seen demand rise from sophisticated institutional investors that have experience with deploying larger amounts of investment capital in search of high-growth opportunities. One of the most interesting marijuana investment specialists that investors can follow is Canopy Rivers (NASDAQOTH: CNPOF).

  • America’s Biggest Employer Isn’t Hiring Seasonal Employees This Year. Here’s the Reason Why
    Business
    Money

    America’s Biggest Employer Isn’t Hiring Seasonal Employees This Year. Here’s the Reason Why

    For the third year, Walmart won’t be hiring tens of thousands of seasonal employees to provide extra support during the holidays. Instead, Walmart is forgoing the long-standing practice in favor of giving it’s full- and part-time employees more hours and opportunities to earn extra cash. The idea, Walmart says, is to fulfill the wishes of many of its employees.

  • ‘You are a disaster’: Cleveland-Cliffs CEO berates analyst on earnings call
    News
    MarketWatch

    ‘You are a disaster’: Cleveland-Cliffs CEO berates analyst on earnings call

    Shares of Cleveland-Cliffs Inc. fell more than 6% Friday after Chief Executive Lourenco Goncalves slammed analysts during the mining company’s earnings call earlier in the day, accusing them of failing to understand numbers and targeting a Goldman Sachs analyst for most of his angry remarks. Cleveland Cliffs (CLF) stock hovered at its lowest since Sept. 11 and was on pace for its largest percentage loss since late June. Goncalves fired his first salvo soon after the conference call’s first remarks wrapped up.