Three months after weight-loss surgery and with help from doctors at the Nebraska Medical Center, Vicki Platt has lost more than 100 pounds.
Sameer Syed believes that Wall Street alumni have a lot to offer the tech world — but he knows firsthand how hard switching industries can be. Syed started off as an investment banker at JPMorgan, landing his first job as an analyst in 2007. In 2012, he left to join the realm of tech startups.
Three of President Donald Trump's roles converge next week as he holds his first re-election fundraiser at his hotel in Washington. Trump can see the Trump International Hotel from the White House lawn, making it a premier and convenient location for the June 28 major-donor event, his campaign director Michael Glassner said. Kathleen Clark, a former ethics lawyer for the District of Columbia, said that while not illegal or even unusual for Trump, it's a bold example of self-dealing that deeply concerns some Americans.
Jack Ma, founder of Chinese e-commerce behemoth Alibaba, sees serious change on the horizon. In the next 30 years, artificial intelligence will outpace human knowledge, leading to job loss, the billionaire tells CNBC's David Faber. Jobs will be taken away," Ma says.
By Victoria Bryan and Tim Hepher PARIS (Reuters) - Boeing won a race for new business at the Paris Airshow, rolling out a new model of its best-selling 737 airliner that helped it claim back the order crown from rival Airbus After a show in which both manufacturers did brisk business under a sweltering sun, the European planemaker said on Thursday it had won 346 net new orders and commitments - including a last-minute order for 20 - while U.S. rival Boeing reached 571. "The MAX stole the show," Ihssane Mounir, vice president of sales and marketing at Boeing's commercial aircraft division, said. "This is probably one of our busiest air shows." Combined orders were stronger than expected and edged past the total from the same show two years ago, but were well below a 2011 order blowout when Airbus alone managed a similar tally.
Toyota has redesigned the Camry for 2018, making it more exciting to drive, spruced up its styling, and freshened up the interior. But more importantly Toyota continues to make advanced safety features standard on all trim levels.
Gilead is leaving behind a very solid base and, like much of the Biotech sector, is setting up well for more upside. Gilead has been very listless for the last four months. Gilead quickly recovered but the massive amount of supply left behind after the Feb. 8 collapse provided extremely heavy overhead pressure.
Under Amazon, it’s not clear how many workers will make the cut. Thank God I don’t work at Whole Foods anymore. If I still worked the fish counter at Whole Foods, I’d have to work harder and more efficiently — while eating fewer samples — to justify my job over Amazon’s robots.
Geron Corporation GERN is developing anti-cancer therapies based on telomerase inhibitors. The company’s telomerase technology platform represents significant commercial opportunity. The successful development of products that target telomeres could change
WASHINGTON (AP) -- Long-term U.S. mortgage rates dropped slightly this week. Mortgage buyer Freddie Mac says the benchmark 30-year, fixed-rate mortgage averaged 3.90 percent, down from 3.91 percent last week. The
What happened Chesapeake Energy (NYSE:CHK) stock closed today down 7.9%. So what Chesapeake Energy got caught up in the broader oil-sector rout that hit markets today, cratering oil stocks left and right. Chesapeake also got hit by an analyst downgrade at Australian banker Macquarie, which cut Chesapeake stock from "neutral" to "underperform." On top of the broader concerns over oil prices, which declined below $43 today, Macquarie warned that Chesapeake is expected to "materially" outspend its cash flows, which is not a good thing to do given the company's already high leverage (i.e., a lot of debt). Macquarie is concerned about Chesapeake's liquidity if it continues to spend money it doesn't
Word on the street is that Harley might snap up Ducati in the not-so-distant future. According to Reuters, Harley-Davidson is considering a US $1.67 billion deal to acquire Italian motorcycle maker Ducati. The story’s undisclosed sources report that Milwaukee has hired Goldman Sachs to work on the deal, and that possible bids may come as soon as next month.
Oil is falling again today--and taking energy stocks down with it. And it doesn't help that analysts have been cutting oil stocks hand over fist, with one slashing his rating on 51 stocks this morning. Illustration: Agence France-Presse/Getty Images Barclays joined the cutting party this morning by dropping its rating on Schlumberger (SLB) to Equal Weight from Overweight. That might not seem to strange. But Barclays analyst J. David Anderson and team write that they "believe large caps still have the best risk/reward profile" in oil services and left their ratings on Halliburton (HAL) and Baker Hughes (BHI) unchanged at Overweight. So what's wrong with Schlumberger? I'll let Anderson explain:
If its stock price were based solely on its quarterly results, Qualcomm (NASDAQ:QCOM) shares would be flying high this year. Alas, there's a great deal more to this chipmaker's story than its financials, which is why the bears are ruling the day. Unlike those of many of its semiconductor industry peers, Qualcomm's shares are down significantly in 2017 -- nearly 12% so far -- and considering the potentially concerning developments still unfolding, that bearish sentiment isn't over. The latest series of lawsuits -- Qualcomm has been down this path before -- started last year with charges from a South Korea regulatory body that the licensing fees it imposes for its industry-standard mobile patents were anti-competitive.
A Republican coal baron is suing John Oliver, HBO, Time Warner, and the writers for Oliver’s show over the most recent episode of Last Week Tonight. The suit, filed on June 21 in the circuit court of Marshall County, West Virginia, holds that Oliver and his team “executed a meticulously planned attempt to assassinate the character of and reputation of Mr. Robert E. Murray and his companies” by airing an episode that ripped into him. Murray runs the country’s largest privately owned coal company, Murray Energy Corporation.
Preparing for your "golden years" is a big focus of any financial plan. Will you invest in real estate and the stock market to save? Do you have an IRA or company retirement plan? These are all great questions. But making sure you're covered financially is only one part of the bigger picture. The question that is often overlooked when planning for retirement is how, exactly, you want your life to look after you retire. As in: What do you want to do with your time? Retirement planning isn't just about the money, but is equally about the significant life changes you will face. "People come into our office wanting to retire and they are clear what they want to retire from: a job, a career, a bad
Jun.21 -- Yonsei University Associate Professor of Chinese Studies John Delury weighs in on U.S. and China relations when it comes to dealing with North Korea. He speaks on "Bloomberg Daybreak: Asia."
U.S. officials sought Wednesday to underscore for lawmakers the threat Russia posed to the 2016 vote for the White House, outlining efforts to hack into election systems in 21 states and to fill the internet with misinformation during a divisive campaign season. Officials also revealed what appeared to be a breakdown in communications about how severe the threat appeared, and they reported tensions the Obama administration faced in trying to publicly warn of meddling in the face of a skeptical then-candidate Donald Trump. The testimony came during a morning of double-barreled intelligence committee hearings — one in the House and one in the Senate — that underscored the U.S. intelligence community's months-old determination that Russia attempted to meddle in the election.
The move comes as HPE continues to sort out its businesses after a series of acquisitions, divestitures, and layoffs. The new president, Antonio Neri, was most recently executive vice president and general manager of HPE’s Enterprise group, which sells data center servers, storage, networking to corporate customers. Meg Whitman, who was president, remains CEO of HPE, which emerged from the split of the iconic Hewlett-Packard in October 2015.
Reports on the imminent demise of the eight-year equity bull market have been greatly exaggerated, at least according to a century-old indicator. The godfather of technical analysis, known as Dow Theory, says transportation and industrial stocks must advance together for market gains to last. Recent strength in the Dow propelled the index to a new record on June 19, but the associated transportation index did not reach one, and that lack of confirmation has troubled some market pessimists.
By Julia Simon NEW YORK (Reuters) - Oil prices ended down more than 2 percent on Wednesday after hitting a 10-month low in volatile trade, as growing U.S. production and reduced Chinese refinery activity fed mounting concern over the stubborn global crude glut. Brent crude futures settled down $1.20 or 2.61 percent at $44.82 a barrel. Crude prices are now on the hunt to find the stress point for the U.S. producers and we're not there yet," said Anthony Headrick, energy market analyst at CHS Hedging LLC in Inver Grove Heights, Minnesota.
When Exxon Mobil Corporation (NYSE:XOM) corrects, I like to bet long on the price action. Fundamentally, XOM stock is as solid an energy name as they come. Such downside pressure is inescapable for XOM stock in the short run.
A glimpse of The Kroger Company’s KR share price movement reveals that it has plunged over 26% in the past five days. Additionally, a downtrend in the Zacks Consensus Estimate in the past seven days also echoes the same sentiment. Stiff competition, falling comps, volatility in food prices, aggressive promotional environment and waning store traffic are making things tough for Kroger.
Since last week's close the IBB, the largest Biotech ETF of the group, has surged more than 6%. Today this index is trading at new 2017 highs with the help of an aggressive buying wave. Celgene Corp. (CELG) , the largest holding in the IBB Index, is leading the charge. The stock is up more than 4% as it drives past heavy resistance near the 2016 spike high. An extended rally into all-time high territory for the multinational biopharmaceutical company is developing. Celgene mounted a monster post-election breakout on Nov. 9. The stock soared more than 10% that session but left behind an ominous spike high in the aftermath. CELG began to fade the next day, eventually retracing the entire post-election
Amazon delivers everything fast — including bad news to its rivals. Less than a week after the online giant stunned Wall Street by acquiring the organic grocery giant Whole Foods, shares of competing food retailers remain slumped on fears that Amazon is going all in on groceries. It’s the niche-oriented membership club Costco — which like Amazon is headquartered in the Greater Seattle area — whose stock is taking it on the chin.
The Kremlin voiced displeasure Wednesday about new United States sanctions against Russia and called off much-anticipated talks with a senior U.S administration official in response. The Trump administration announced Tuesday that it had imposed sanctions on 38 Russian individuals and firms over Russian activities in Ukraine. President Vladimir Putin's spokesman, Dmitry Peskov, said Wednesday that the U.S. move wasn't constructive and warned of possible retaliation.