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Markets are still very skittish and liquidity is low, but returning slowly

Yahoo Finance's Jared Blikre and Alexis Christoforous break down the latest market action.

  • 2 black men arrested at Starbucks get an apology from police
    Finance
    Associated Press

    2 black men arrested at Starbucks get an apology from police

    Rashon Nelson initially brushed it off when the Starbucks manager told him he couldn't use the restroom because he wasn't a paying customer. A few minutes later, they hardly noticed when the police came into the coffee shop — until officers started walking in their direction. Nelson and Robinson were led away in handcuffs from the shop in the city's well-to-do Rittenhouse Square neighborhood in an incident recorded on a white customer's cellphone.

  • Lockheed Martin Is One Step Closer to Building Hypersonic Missiles That Are Faster Than Today's Anti-Aircraft Systems
    Finance
    Fortune

    Lockheed Martin Is One Step Closer to Building Hypersonic Missiles That Are Faster Than Today's Anti-Aircraft Systems

    The Pentagon has given Lockheed Martin lmt a $928 million contract to develop and build hypersonic missiles, which will be able to travel at more than five times the speed of sound. Hypersonic missiles are a priority for the U.S. military because they are so difficult to defend against—they’re just too fast for today’s anti-aircraft and anti-missile defense systems to counter—and because the country’s biggest geopolitical rivals are steaming ahead. China said last year that it was almost ready to demonstrate its own hypersonic weapons, and Russia claims that it too has conducted successful tests of a hypersonic missile that can carry nuclear or conventional warheads.

  • Prince Harry Knows Meghan Markle Is the Real Draw and This Is Proof
    News
    Time

    Prince Harry Knows Meghan Markle Is the Real Draw and This Is Proof

    Prince Harry knows Meghan Markle is the person to meet right now, and he’s not going to get in anyone’s way. There’s a time in every relationship when it’s appropriate to cede the spotlight to your partner, and that time is now for Prince Harry. Adorably, and graciously, Prince Harry stepped aside so the soon-to-be-princess could go first.

  • 5 Social Security Tips You Need to Know for 2018
    Business
    GoBankingRates

    5 Social Security Tips You Need to Know for 2018

    Social Security might seem like the highway to a comfortable retirement, but the program is uncharted territory for most. Instead of leaping blindly into your golden years, learn some valuable tips to make the most of your Social Security benefits. Click through to learn these scary facts you need to know about Social Security.

  • Southwest Airlines pilot pushed Navy boundaries for flying
    Finance
    Associated Press

    Southwest Airlines pilot pushed Navy boundaries for flying

    Tammie Jo Shults was determined to "break into the club" of male military aviators. One of the first female fighter pilots in the U.S. Navy, Shults flew training missions as an enemy pilot during Operation Desert Storm, while working with other women to see a rule excluding them from combat flights repealed. Twenty-five years later, Shults was at the controls of the Dallas-bound Southwest Airlines Flight 1380 Tuesday when it made an emergency landing in Philadelphia after one of the engines on the Boeing 737 exploded while the plane was traveling 500 mph (800 kph) at 30,000 feet (9144 m) with 149 people on board.

  • Should We Call It a Comeback? Former Yahoo CEO Marissa Mayer Is Launching a Tech Incubator
    Business
    Fortune

    Should We Call It a Comeback? Former Yahoo CEO Marissa Mayer Is Launching a Tech Incubator

    Former Yahoo Chief Executive Officer Marissa Mayer is starting a technology business incubator, Lumi Labs, with longtime colleague Enrique Muñoz Torres. The venture will focus on consumer media and artificial intelligence, according to the company’

  • Bitcoin Loses Out to Bitcoin Cash – Is it the Beginning of the End?
    Business
    FX Empire

    Bitcoin Loses Out to Bitcoin Cash – Is it the Beginning of the End?

    The Bitcoin bulls didn’t get the memo on Wednesday, with Bitcoin only managing a 3.56% rise on day, partially reversing Monday and Tuesday’s losses, to end the day at $8,169.5. A morning rally saw Bitcoin break out from the 23.6% FIB Retracement Level of $7,996.57 to hit a morning $8,168.8 high, breaking through the first major support level of $8,098.87 before seeing a pullback to an early afternoon $7,907.4 to call on buyer support at the 23.6% FIB Retracement Level of $7,996.57. A late afternoon rally saw Bitcoin hit an intraday high $8,237.2, testing the day’s 1st major resistance level for a 2nd time and this time managing to hold on through to the day’s end.

  • Harley Wins Biggest-Ever TradeMark Infringement Case
    News
    RideApart

    Harley Wins Biggest-Ever TradeMark Infringement Case

    Harley-Davidson has a well-deserved reputation for, shall we say, aggressively protecting its various trademarks. Case in point is the latest trademark situation with SunFrog.com. Back in 2017, word got back to Milwaukee that Michigan-based SunFrog.com—an online print-on-demand outfit that churns out custom made-to-order shirts, mugs, hoodies, mousepads, etc.—was selling wares featuring assorted images that infringed on Harley’s trademarks.

  • We knew what Fox News was long before this Sean Hannity debacle
    News
    Quartz

    We knew what Fox News was long before this Sean Hannity debacle

    After Fox News personality Sean Hannity was named as a client of Donald Trump’s personal lawyer—whom he had strenuously defended on air without disclosing the relationship—some observers wondered if Fox News might fire Hannity (as if that were an actual possibility). Another journalist said he was “stunned” that Fox wouldn’t punish Hannity for the blatant violation of journalistic standards. Let’s be clear: Fox News is not, and never has been, a news organization.

  • GM is pulling Cadillac back from its bold luxury experiment by dismissing division boss (GM)
    Business
    Yahoo Finance Video

    GM is pulling Cadillac back from its bold luxury experiment by dismissing division boss (GM)

    On Wednesday, General Motors announced that Johan de Nysschen would be replaced as head of the carmaker's Cadillac luxury division by Steve Carlisle, a relative unknown who started at GM in 1982 and had most recently been running Canadian operations.

  • Dead Carcasses and Rodents Found at Farm Behind Massive Salmonella Egg Recall
    News
    Fortune

    Dead Carcasses and Rodents Found at Farm Behind Massive Salmonella Egg Recall

    Unsanitary conditions were found during multiple inspections of a Rose Acre Farms facility in Hyde County, N.C., that allowed for the “proliferation and spread of filth and pathogens throughout the facility that could cause the contamination of egg processing equipment and eggs,” according to a report from the U.S. Food and Drug Administration detailing inspections. A review of the farm’s pest control records flagged an ongoing rodent infestation, with rodents, dead carcasses and baby mice observed, along with workers who weren’t following proper sanitary practices.

  • Philip Morris Plunges the Most in a Decade on Slump in Cigarettes
    Business
    Bloomberg

    Philip Morris Plunges the Most in a Decade on Slump in Cigarettes

    Big tobacco is still looking for a savior, if Philip Morris International Inc. is any guide. Shares in the cigarette giant plunged as much as 18 percent after its latest earnings report showed that $4.5 billion spent on four new products are failing to win over new customers. Sales growth of the iQos, a device that heats a tobacco plug without setting it on fire, has been slowing after initial success in Japan. Philip Morris, which sells Marlboros outside the U.S., reported revenue excluding excise taxes of $6.9 billion, less than the $7.03 billion projected by analysts in a Bloomberg survey. The share decline, to as low as $83.50, was the biggest since the company split from Altria Inc. in 2008.

  • TSMC's smartphone warning points squarely at Apple: analysts
    Business
    Reuters

    TSMC's smartphone warning points squarely at Apple: analysts

    Shares in Apple Inc and its suppliers fell on Thursday after a raft of analysts read a prediction of softer smartphone sales from Taiwan Semiconductor Manufacturing Co Ltd as driven chiefly by concern about demand for iPhones. TSMC, the world's largest contract chipmaker and a major Apple supplier, revised its full-year revenue target to the low end of its earlier forecast. "Apple represents nearly 20 percent of TSMC's revenue so the outlook potentially points to weaker-than-anticipated iPhone demand," Atlantic Equities analyst James Cordwell told Reuters.

  • What to Watch When NVIDIA Reports Q1 Earnings
    Business
    Motley Fool

    What to Watch When NVIDIA Reports Q1 Earnings

    Tech darling NVIDIA Corporation (NASDAQ: NVDA) should be reporting its fiscal first-quarter 2019 earnings in a couple of weeks, most likely during the week of May 7. NVIDIA stock has returned 139% over the one-year period through April 18, crushing the S&P 500's 17.6%.

  • Southwest, CFM International disagreed on time needed to inspect fan blades in CFM56-7B engines
    Business
    Dallas Business Journal

    Southwest, CFM International disagreed on time needed to inspect fan blades in CFM56-7B engines

    Southwest Airlines Co. (NYSE: LUV) and CFM International — the manufacturer of the engine that failed Tuesday morning on a flight that killed a passenger — disagreed on how long it would take to comply with a proposed federal rule that would have called for inspection of fan blades within CFM56-7B engines. That's the same model engine that, on Southwest Flight 1380, came apart mid-flight. Shrapnel hurling from the engine toward the plane caused a window to blow out. The women sitting next to the destroyed window, Jennifer Riordan, died as a result of her injuries. Investigators in the National Transportation Safety Board said Tuesday night a fan blade separated from the hub in the engine. It

  • Finance
    InvestorPlace

    Activision Blizzard, Inc. Will Finish What ‘Fortnite’ Started

    On paper, most analysts will agree that Activision Blizzard, Inc. (NASDAQ:ATVI) is enjoying a solid start to this year. Against the January opener, ATVI stock has gained nearly 9%. Despite Activision’s immense reputation in delivering the most compelling first-person shooter games, another company has unexpectedly taken its throne.

  • Evidence of Hillary Clinton's guilt is overwhelming: Judge Napolitano
    Politics
    Fox Business Videos

    Evidence of Hillary Clinton's guilt is overwhelming: Judge Napolitano

    Fox News Senior Judicial Analyst Judge Andrew Napolitano on the sanctuary city showdown in California and the Department of Justice and FBI's handling of the Hillary Clinton email scandal.

  • J.C. Penney Stock Is Set to Rebound as Rivals Keep Retreating
    Business
    Motley Fool

    J.C. Penney Stock Is Set to Rebound as Rivals Keep Retreating

    Shares of J.C. Penney (NYSE: JCP) rallied in early 2018 thanks to an improving retail climate and the company's strong holiday performance. Indeed, J.C. Penney's comp sales rose 3.4% in the combined November-December holiday shopping period. However,

  • 'Cross the Bushes Off Your Worry List.' George H.W. Bush Speaks About the Loss of His Wife
    Finance
    Fortune

    'Cross the Bushes Off Your Worry List.' George H.W. Bush Speaks About the Loss of His Wife

    George H.W. Bush has issued the first public statement on the loss of his wife Barbara Bush, who passed away Tuesday night at the age of 92. “I always knew Barbara was the most beloved woman in the world, and in fact I used to tease her that I had a complex about that fact.

  • Nikki Haley’s ‘I Don't Get Confused’ Comment Demonstrated Her Gift for the Clapback
    World
    Time

    Nikki Haley’s ‘I Don't Get Confused’ Comment Demonstrated Her Gift for the Clapback

    When a White House official suggested this week that United Nations Ambassador Nikki Haley had suffered “momentary confusion” over the Trump Administration’s approach to new Russian sanctions, she responded with a clear message to the contrary. “With all due respect, I don’t get confused,” Haley said in a statement on Tuesday. The retort — which earned her an apology from National Economic Council Director Larry Kudlow — was characteristic of Haley, who has a knack for responding to criticism and slights with a measured, but assertive clapback.

  • How Amazon Prime's 100 million subscribers stacks up against Netflix, Spotify and Apple
    Business
    Yahoo Finance

    How Amazon Prime's 100 million subscribers stacks up against Netflix, Spotify and Apple

    Amazon CEO Jeff Bezos’s annual shareholder letter, released on Wednesday evening, included an unexpected reveal. Your first question might be to wonder how that number compares to other subscription services for streaming content. To be sure, these are not apples-to-apples comparisons, since Prime is not only for video—in fact, it’s likely that the vast majority of Prime members pay for the service to get the shipping benefits, not for Prime Video.

  • Kinder Morgan Inc. Starts 2018 Off With a Bang
    Business
    Motley Fool

    Kinder Morgan Inc. Starts 2018 Off With a Bang

    As promised, natural gas pipeline giant Kinder Morgan (NYSE: KMI) returned to growth mode in 2018. Overall, the company hauled in $1.247 billion ($0.56 per share) of distributable cash flow during the first quarter, which was 3% higher than the year-ago period, and beat its forecast. Recently completed expansion projects and higher oil prices fueled improving results. Kinder Morgan's natural gas pipeline segment delivered a strong performance in the first quarter, with earnings rising 6% year over year.

  • AT&T's Merger Boss Mocks U.S. Claim About Comcast Coordination
    Finance
    Bloomberg

    AT&T's Merger Boss Mocks U.S. Claim About Comcast Coordination

    An AT&T Inc. executive told a judge that the company’s contentious relationship with Comcast Corp. is evidence that the two rivals wouldn’t coordinate to withhold content from upstart distributors if AT&T’s acquisition of Time Warner Inc. goes through, as the U.S. claims.

  • CEO Awarded $60 Million to Lead Linn Energy Firm Past Bankruptcy
    Business
    Bloomberg

    CEO Awarded $60 Million to Lead Linn Energy Firm Past Bankruptcy

    The same day Linn Energy Inc. exited bankruptcy, it awarded Chief Executive Officer Mark Ellis a $60 million compensation package, more than three times the amount Exxon Mobil Corp. paid its CEO.Ellis’s pay included an equity grant worth $58 million,

  • Business
    CNBC

    Qualcomm slides after layoffs, regulatory challenges to NXP merger

    Sources tell CNBC Qualcomm is "very concerned" with the fate of an NXP Semiconductors deal. Qualcomm also said Wednesday it had begun laying off employees as a cost-saving measure. Qualcomm QCOM slid more than 4 percent Thursday after the company announced layoffs and said it would be withdrawing and refiling a merger application with Chinese authorities regarding a tie-up with Dutch semiconductor company NXP NXPI .