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Plane carrying Saudi Arabian soccer team catches fire in midair

The Saudi Arabian national team’s rough start to World Cup continued on Tuesday, as the team’s plane caught fire in midair. Flames were spotted coming out of the engine of the Russian Airlines Airbus that was carrying the Saudi team to Rostov, where it is set to face Uruguay on Wednesday.

  • Business
    Fox Business

    Why hasn't the $1.5 billion Mega Millions winner claimed the prize?

    Three weeks after someone hit the biggest Mega Millions jackpot in history, the winner has still not stepped forward to claim their prize, according to South Carolina lottery officials – and there might be a strategy behind the move. “I’m actually not surprised at all that it’s taking them some time to claim the prize,” Michael A. Silver, a financial advisor at Morgan Stanley, said on Wednesday. The winning ticket, which was sold in a KC Mart in the South Carolina town of Simpsonville, is worth about $1.5 billion in annual installments over three decades, or an $877 million lump-sum cash package.

  • Top Stocks Warren Buffett Just Sold
    Business
    Motley Fool

    Top Stocks Warren Buffett Just Sold

    Warren Buffett's Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) has been busy. In addition to swooping in and buying bundles of bank stocks, Buffett sold some of Berkshire's longtime holdings in the third quarter. Since Berkshire Hathaway manages a portfolio worth more than $200 billion, and it tends to be among the biggest owners of the stocks it purchases, knowing what stocks it's selling is important.

  • A Market Crash Is Inevitable -- Here's What to Do
    Finance
    Motley Fool

    A Market Crash Is Inevitable -- Here's What to Do

    If you're a stock investor, you probably think about market crashes from time to time, and there's a good chance that you dread them. The reason a stock market crash is virtually inevitable is that so far in our market's history, there have been always been crashes every now and then. You can also see that while the stock market's average annual gain over many decades has approached 10%, that's rarely near the actual return of any particular year.

  • Chipotle manager fired after reportedly asking customers to pay before ordering
    Business
    WLS – Chicago

    Chipotle manager fired after reportedly asking customers to pay before ordering

    Following the incident, the popular fast-food chain said it had re-trained its staff in order to prevent an issue like this from happening again.

  • Business
    Fox Business

    Thinking about retiring? These states don't have an income tax

    Recent studies have found that Americans are becoming increasingly concerned that they will outlive their savings, with more than 30 percent of Americans expecting that they will need more than $1 million in retirement, according to NerdWallet. For those looking to maximize their retirement income by minimizing their taxes, here are the seven states without an individual income tax. Despite its cold climate, Alaska offers some of the best benefits and services to retirees.

  • It’s Official: The 2019 Standard Deduction Is Getting Even Larger
    Business
    Motley Fool

    It’s Official: The 2019 Standard Deduction Is Getting Even Larger

    The standard deduction nearly doubled in 2018 as part of the Tax Cuts and Jobs Act. Although the personal exemption was eliminated, the combination of the higher standard deduction and the increased Child Tax Credit resulted in significant tax savings for many American families. Well, the IRS just announced its inflation-related adjustments for the 2019 tax year, and the standard deduction is going up a bit more.

  • Millennials Are Disrupting Thanksgiving With Their Tiny Turkeys
    News
    Fortune

    Millennials Are Disrupting Thanksgiving With Their Tiny Turkeys

    Tiny turkeys will increasingly grace Thanksgiving tables next week, thanks to the millennial generation’s ongoing campaign to remake American gastronomy. “People are starting to understand it’s not natural to grow turkeys up to 30 pounds,” said Ariane Daguin, co-founder and owner of D’Artagnan LLC, a wholesale and e-commerce food company in Union, New Jersey. Bell & Evans is working with a breeder to make tiny turkeys that consumers will eat all year.

  • Could Bank of America Corporation Be a Millionaire-Maker Stock?
    Business
    Motley Fool

    Could Bank of America Corporation Be a Millionaire-Maker Stock?

    In the aftermath of the global financial crisis, the banking industry was persona non grata with the public, blamed -- and not unfairly so -- for playing a role in causing what would be the worst global recession in 80 years. In the half-decade following America's slow climb out of the depths of the crisis, no other American bank would pay more in fines, lawsuit settlements, or court penalties than Bank of America, which has paid more than $90 billion in damages and fines over the past decade. How bad of a bad actor was BofA?

  • Finance
    TheStreet.com

    This Energy Stock Is a Well-Oiled Dividend Machine

    has top-tier assets, with a huge presence in the oil-rich Permian Basin. With low operating costs, the company can support its growth plans and sustain its dividend, even with these low oil prices. Occidental has a high dividend yield of around 4.4% and a long history of annual dividend increases.

  • Why NVIDIA Is Down 15% in 2018
    Business
    Motley Fool

    Why NVIDIA Is Down 15% in 2018

    NVIDIA's (NASDAQ: NVDA) stock was humming along nicely in 2018 and had gained about 45% as of the very beginning of October, but the company's shares took a sharp plunge the rest of the month and into November as investors fled tech stocks. The initial share price drop was then followed by lower-than-expected guidance for the graphics chipmaker's fourth quarter, which caused NVIDIA's stock to tank once again and left the company's share price down about 15% so far this year. Many tech stocks felt the brunt of this drop, and NVIDIA was no exception.

  • My Top 3 Favorite Clinical-Stage Biotech Stocks to Buy
    Business
    Motley Fool

    My Top 3 Favorite Clinical-Stage Biotech Stocks to Buy

    The potential to develop blockbuster next-generation drugs that reshape patient treatment makes biotechnology stocks one of the most exciting industries for investors. While there are no guarantees for success, it can help to focus on companies with lots of financial firepower and drugs in late-stage studies or with proven mechanisms of action. It's for those reasons that Arena Pharmaceuticals (NASDAQ: ARNA), Acceleron Pharma (NASDAQ: XLRN), and bluebird bio (NASDAQ: BLUE) are my top stocks to buy in the industry right now.

  • 'Out! Out!' Tijuana Protesters Call for Migrant Caravan to Leave
    Politics
    Meredith Videos

    'Out! Out!' Tijuana Protesters Call for Migrant Caravan to Leave

    Hundreds of Tijuana residents congregated around a monument in an affluent section of the city south of California on Sunday to protest the thousands of Central American migrants who have arrived via caravan in hopes of a new life in the U.S.

  • 2 Reasons Pot Stocks Could Plunge in January
    Business
    Motley Fool

    2 Reasons Pot Stocks Could Plunge in January

    With just a little over six weeks left in 2018, investors will likely look back and proclaim this the "Year of Cannabis." So far this year we've witnessed Canada become the first industrialized country in the world to legalize recreational marijuana, and observed two additional U.S. states approve medical cannabis in midterm elections less than two weeks ago. Beyond just legalization, the U.S. Food and Drug Administration approved its very first cannabis-derived drug, and we've seen no shortage of Canadian-listed pot stocks making the move from the over-the-counter exchange to reputable U.S. exchanges (i.e., the Nasdaq and New York Stock Exchange). With so many milestones hit this year and over the past couple of years, it's not been hard for investors to get behind marijuana stocks.

  • Business
    CNBC

    Survey: Wealthy investors think the bull market is coming to an end, but they don't blame politics

    Investors with at least $1 million invested in a brokerage account aren't making major changes in their portfolios after the midterm elections. Investors think the end of the record bull run is almost here — but they aren't blaming the change of power in Congress.

  • Asian shares mostly up cheered by Wall Street buying spree
    Finance
    Associated Press

    Asian shares mostly up cheered by Wall Street buying spree

    TOKYO (AP) -- Asian shares were mostly higher Monday after a buying spree on Wall Street kept up investor optimism into a new week, despite continuing worries about trade tensions. KEEPING SCORE: Japan's benchmark

  • Alibaba Sold in 1 Day Just as Much as Amazon Sells in 3 Months
    Business
    Motley Fool

    Alibaba Sold in 1 Day Just as Much as Amazon Sells in 3 Months

    Chinese e-commerce leader Alibaba (NYSE: BABA) just completed its ninth annual Singles Day sales event and smashed all previous records by selling $30.8 billion worth of goods. To put that in perspective, the five-day kickoff to the Christmas shopping season that begins on Thursday, Thanksgiving Day, and runs through the following Monday, known as Cyber Monday, generated sales of $19.6 billion. Put another way, it took Amazon.com (NASDAQ: AMZN) three months to sell $33.7 billion worth of goods in the third quarter, which also included its best-ever Prime Day event that sold an estimated $3.4 billion -- and that was over 36 hours.

  • Business
    Benzinga

    Insider Buys Of The Week: Hain Celestial, Newell Brands, Wynn Resorts

    Conventional wisdom says that insiders and 10-percent owners really only buy shares of a company for one reason: they believe the stock price will rise and they want to profit. Newell Brands Inc (NYSE: NWL) saw a director add to his stake last week. Note that this director is the son of Carl Icahn, and his stake was last seen at more than 400,000 shares.

  • 3 Dividend Stocks to Buy on Sale
    Business
    Motley Fool

    3 Dividend Stocks to Buy on Sale

    Three that stand out are high-yielding pipeline giants Enbridge (NYSE: ENB), Energy Transfer (NYSE: ET), and Williams Companies (NYSE: WMB). Shares of Canadian oil-pipeline giant Enbridge have tumbled about 21% from a recent high. Because of that decline, and a 10% dividend increase to start the year, shares now yield 6.3%.

  • Business
    Benzinga

    Barron's Picks And Pans: Apple, Amgen, TreeHouse Foods And More

    This weekend's Barron's looks at some retailers that could be poised to thrive this holiday season. Other featured articles offer where to find bargains in energy stocks and selections from a noted stock picker.

  • Google parent Alphabet’s stock becomes 2nd FANG to produce ‘death cross’ and Netflix is next
    News
    MarketWatch

    Google parent Alphabet’s stock becomes 2nd FANG to produce ‘death cross’ and Netflix is next

    Google parent Alphabet Inc.’s stock chart has just produced a bearish “death cross” chart pattern for the first time in over two years, that may put the future of the internet giant’s 7-year old bull market in doubt. Some chart watchers believe the cross marks the spot when a shorter-term slump morphs into a longer-term downtrend. The last time Alphabet’s stock (GOOGL)produced a death cross was June 24, 2016.

  • Oil prices climb amid expected OPEC cut, but markets remain wary
    Business
    Reuters

    Oil prices climb amid expected OPEC cut, but markets remain wary

    Oil prices rose around 1 percent on Monday as traders expected top exporter Saudi Arabia to push producer club OPEC to cut supply toward year-end. U.S. West Texas Intermediate (WTI) crude futures (CLc1), were up 71 cents, or 1.3 percent, at $57.17 per barrel. "The market's bullish radar is still waiting for OPEC+ to deliver a sizeable cut number," said Stephen Innes, head of trading for Asia-Pacific at futures brokerage Oanda in Singapore.

  • Why Did Berkshire Hathaway Buy JPMorgan Chase Stock?
    Business
    Motley Fool

    Why Did Berkshire Hathaway Buy JPMorgan Chase Stock?

    Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) surprised investors by revealing that it had invested billions of dollars in bank stocks during the third quarter -- including a brand new $4 billion position in JPMorgan Chase (NYSE: JPM). To be perfectly clear, we don't know for sure why Buffett decided to invest in JPMorgan Chase, and it's likely that we'll never get the specifics. As I mentioned, Buffett and his team invested billions in bank stocks during the third quarter.

  • Business
    Motley Fool

    What Walmart's 43% E-Commerce Growth Says About the Retailer's Game Plan

    There was a period not so many years ago when the retail powerhouse that is Walmart (NYSE: WMT) was sputtering. In this segment of the podcast, Market Foolery host Mac Greer, along with senior analysts Andy Cross and Ron Gross, discuss the company's strategic course, its delivery and pickup options, its Flipkart purchase, the short-term headwinds, and why the share price took a dip after what by most measures ought to be viewed as a positive report.

  • Best Big Marijuana Stock: Aurora Cannabis, Canopy Growth, or Tilray?
    Business
    Motley Fool

    Best Big Marijuana Stock: Aurora Cannabis, Canopy Growth, or Tilray?

    There are distinct categories for Canadian marijuana stocks when it comes to market cap. Most of these stocks have market caps of well under $1 billion. A few are between $1 billion and $5 billion. But only three claim market caps greater than $5 billion

  • Here's Why the 1% Won't Owe Social Security Tax After April 25 in 2019
    Business
    Motley Fool

    Here's Why the 1% Won't Owe Social Security Tax After April 25 in 2019

    Without question, Social Security is this country's most important social program. It can rightly be called a financial rock for millions of elderly Americans, with the benefits provided accounting for more than half of all monthly income for 62% of retired workers and the program single-handedly keeping 15.3 million of those aged beneficiaries above the federal poverty line. $873.6 billion was collected from the 12.4% payroll tax on earned income up to $127,200 (in 2017).