Blake Zeff, Salon.com columnist; and Hugh Hewitt, Townhall.com columnist and syndicated radio host, discuss the White House's ability to cure Obamacare issues.
The Kushner Cos. has been subpoenaed by federal prosecutors for information related to an Associated Press report that the company filed dozens of false documents about its buildings in New York City. The statement Thursday acknowledged that the federal subpoena arrived last month, a day after the AP reported the Kushner Cos. routinely filed false paperwork with the city stating it had zero rent-regulated tenants in buildings across the city when, in fact, it had hundreds. The AP report covered a three-year period when the real estate company was run by Jared Kushner, President Donald Trump's son-in-law who is now a senior adviser.
The top Senate Democrat is using marijuana's informal holiday to announce a change of heart about the drug, another sign of the growing political acceptance of pot. Senate Minority Leader Chuck Schumer of New York said Friday he'll introduce a bill taking marijuana off the federal list of controlled substances — in effect decriminalizing its use. Under the measure, the federal government would still enforce laws against moving pot into states where it's illegal and would still regulate advertising so it isn't aimed at children.
The Consumer Financial Protection Bureau (CFPB) and the Office of the Comptroller of Currency (OCC) announced a combined fine of $1 billion against Wells Fargo (WFC) on Friday. The consent orders from the two agencies described how the bank unfairly disregarded its advertised process of locking-in interest rates for mortgages, as well as unfairly foisting insurance on customers taking out auto loans. If a closing of a mortgage dragged on due to Wells Fargo and not the customer, the bank still charged customers to keep the rates locked — despite this being contrary to policy, the consent order notes.
President Donald Trump won’t be joining his wife in attending the memorial service of former first lady Barbara Bush, matriarch of a political dynasty that Trump often clashed with during his 2016 campaign. The White House said Thursday that Trump would not attend “to avoid disruptions due to added security, and out of respect for the Bush Family and friends attending the service.” Trump is expected to be at his Florida estate this weekend during Saturday’s funeral in Houston for the wife and mother of presidents. Flags have flown at half-staff over the White House and at Trump’s Mar-a-Lago estate in Florida since Bush’s death at the age of 92, and Trump added his voice to the tributes that have poured in for the wife of President George H.W. Bush and mother of President George W. Bush.
Just as Hollie Mackey was about to get up from her seat to go to the bathroom during Tuesday morning’s Southwest Airlines flight from New York to Dallas, flight attendants asked passengers to stay seated due to continual turbulence. Mackey put her seatbelt back on, shared a glance of disappointment about the bumpy ride ahead with the woman seated at the window to her left and settled back in. Mackey, 42, was seated in the aisle seat on the same row as Jennifer Riordan, a mother of two and bank executive from Albuquerque, New Mexico, who was killed when Flight 1380’s left side engine exploded just 20 minutes into their trip.
Since the February stock market correction started, Philip Morris International Inc. (NYSE:PM) stock has had a turbulent period of trading. Compare that with a flat stock market — both Philip Morris and Altria Group, Inc. (NYSE:MO) stocks have been decimated. Meanwhile, cannabis stocks like GW Pharmaceuticals plc (NASDAQ:GWPH) have fared much better and are in line with the stock market in general.
WASHINGTON/JEDDAH, Saudi Arabia (Reuters) - U.S. President Donald Trump accused OPEC on Friday of "artificially" boosting oil prices, drawing rebukes from some of the world's top energy exporters. "Looks like OPEC is at it again. Oil prices are artificially Very High! No good and will not be accepted!" Trump wrote on Twitter.
Talks aimed at a tie-up between planemakers Boeing Co and Embraer SA that also involve Brazil's government are at an advanced stage, O Estado de S. Paulo newspaper reported on Friday, citing unnamed sources. The Boeing and Embraer partnership would create a new company in which the U.S. planemaker would have an 80.01 percent stake and the Brazilian firm 19.99 percent, the paper said, adding this was a model supported by the Brazilian government. Boeing, Embraer and Brazil's Defense Ministry did not have an immediate comment on the report.
Arista Networks Size category: Large (250-999 employees) Rank: 9 CEO: Jayshree Ullal HQ: Santa Clara Bay Area employees: 840 What it does: Software-driven cloud networking solutions for large data center storage and computing Score: 89.38 Silicon Valley, renowned as a center for innovation and fresh ideas, is also notorious for creating and promoting environments where employees feel pressured to work long hours to help those ideas come to fruition. At Santa Clara-based Arista Networks, however, employees can look forward to a reasonable approach to work-life balance. “Employees have the right to balance work and other things they need to do with their life,” said Isabelle Bertin-Bailly, vice
Advanced Micro Devices, Inc. AMD is scheduled to report first-quarter 2018 earnings on Apr 25.Notably, the stock has delivered an average four-quarter positive earnings surprise of 35%. In the last reported quarter, the company came up with a positive
Amazon's burgeoning cloud computing platform and its central retail business should lead to a "steady and iterative" year for the company, according to Credit Suisse.
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.
Earlier today, on April 20, strong performances of major cryptocurrencies like bitcoin and Ethereum have led the valuation of the cryptocurrency market to surge to $365 billion. With the deepest liquidity and largest volume in the global market, bitcoin was able to sustain some stability while many cryptocurrencies recorded a free fall. Over the past seven days, alternative cryptocurrencies (altcoins) and other major cryptocurrencies have consistently reported gains against the most dominant cryptocurrency in the market.
Walmart is testing new dress codes in a small number of U.S. stores with the hopes that this more relaxed environment will help to reel in and retain staff in an increasingly tighter labor market. This means that workers will be allowed to wear shirts of any solid color, which marks a shift from its previous option of only having blue or white shirts, according to an employee manual obtained by Bloomberg News. Walmart adds that visible facial tattoos will be forbidden for those hired after April 14, according to the manual.
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.
Health officials said more people have reported cases of E. coli, as a multi-state outbreak linked to chopped romaine lettuce continues to spread. The Centers for Disease Control and Prevention said about 53 cases of E. coli have been reported across 16 states, with 18 new cases reported after April 13. The CDC said 31 people have been hospitalized, including five who have developed hemolytic uremic syndrome, a type of kidney failure.
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.
“First-level” investors – those who buy and sell on headlines – mistakenly believe that real estate investment trust (REIT) profits will suffer if rates continue to rise. Overall, rising rates are actually good for the best REITs because it signals a rolling economy. Take the Vanguard REIT ETF (NYSEARCA:VNQ), which is now paying its highest current yield since 2009.
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.
General Electric reported a $1.2 billion loss in the first quarter Friday following a large legal charge, but shares surged after operating profits topped analyst expectations. GE, which has been hit by weakness in its power and oil and gas businesses, set aside $1.5 billion in legal reserves connected to lawsuits from its discontinued US mortgage business, WMC. "The first quarter is a step forward in executing on our 2018 plan and we are seeing signs of progress," said chief executive John Flannery.
It's estimated that nearly half of U.S. households today have no money set aside for retirement. If you're counting on Social Security to pay your bills in retirement, you should know that there are steps you can take to boost your benefits and get more money out of the program. Your Social Security benefits are calculated based on your highest 35 years of earnings.
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.
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.
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