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Global Stocks Rally Gathers Pace as Bonds Slide: Markets Wrap

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By Google News

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Global Stocks Rally Gathers Pace as Bonds Slide: Markets Wrap

Bloomberg
A global equities rally gathered speed as investors embraced riskier assets after the Dow Jones Industrial Average topped 20,000 for the first time.

Johnson & Johnson to buy Actelion for $30 billion, spin off R&D unit

Reuters
ZURICH U.S. healthcare giant Johnson & Johnson (JNJ.N) will buy Swiss biotech company Actelion (ATLN.S) in a $30 billion all-cash deal that includes spinning off Actelion’s research and development pipeline, the companies said on Thursday.

RBS Adds $3.8 Billion to Mortgage Inquiry Provisions as Rivals Settle

New York Times
A Royal Bank of Scotland cash machine at a Tesco Bank in Liverpool, England. Credit Paul Ellis/Agence France-Presse – Getty Images.

Fiat Chrysler profit means big checks for UAW workers

U.S. News & World Report
FRANKFURT, Germany (AP) – Automaker Fiat Chrysler saw net profit jump to 1.81 billion euros ($1.92 billion) last year as a more profitable model mix and lower costs helped overcome a sales decline in North American markets.

Mar-a-Lago Doubles Its Initiation Fee as Membership Interest…

New York Times
… □ The Mar-a-Lago resort doubles its initiation fee – to $200,000 – leading to charges that the Trump Organization is cashing in on its founder’s power.

Harvard Management Company to Lay Off Half Its Staff

Harvard Crimson
Harvard Management Company will lay off approximately half of its 230-person staff by the end of the calendar year in the genesis of a five-year overhaul of the world’s largest university endowment.

UK Economy Fires on All Cylinders, Beating Expectations Despite Brexit Worry

Wall Street Journal
LONDON—The U.K. economy expanded steadily in the last three months of 2016, preliminary data showed, suggesting Britain was among the fastest-growing major economies, despite the drama of June’s Brexit vote.

Kraft Heinz, Oprah form joint venture to develop new line of food products

CNBC
Heinz ketchup maker Kraft Heinz and media mogul Oprah Winfrey said on Wednesday they would form a joint venture to develop a new line of food products in the United States.

UPDATE 1-Chipmaker Qualcomm’s revenue misses estimates

Business Insider
Jan 25 (Reuters) – Qualcomm Inc reported a lower-than-expected 3.9 percent rise in quarterly revenue, at a time when the chipmaker is facing multiple legal challenges over its alleged “anticompetitive” tactics.

Under Trump, It’s Make a Deal With the President — or Else

Bloomberg
In the opening days of his presidency, Donald Trump has leaned heavily on what he believes is his strongest skill, and the secret to his success in both business and politics: negotiation.

As Trump Hotels Expand, Trump Club Also Raises Fees – And Eyebrows

NPR
President Trump has said he won’t do any new foreign deals while in the White House, but that won’t stop new Trump hotels from springing up across the United States.

American Airlines eliminating in-seat screens on new jets

CNNMoney
American Airlines says it dropping seat-back screens from its in-flight entertainment on its 100 new Boeing 737 Max jets because most passengers carry their own screens.

Bob Evans shares rocket on sale of restaurants division

USA TODAY
Shares of Bob Evans Farms rose nearly 21% Wednesday after the operator of a 523-unit chain of family dining eateries in the nation’s heartland said it is splitting into two businesses.

Oil Climbs Despite Higher US Inventories

Wall Street Journal
Oil futures edged higher Thursday, as traders shrugged off another big jump in U.S. oil inventories and remained focused on promised production cuts.

Musk’s Surprising Rapport With Trump Yields 40% Rally for Tesla

Bloomberg
Shares of the billionaire’s Tesla Motors Inc. have surged 40 percent since Dec. 1, putting the stock within reach of a 52-week high.

Pipeline leaks 138000 gallons of diesel in Iowa

USA TODAY
DES MOINES – An investigation is ongoing on how a pipeline leaked 138,600 gallons of diesel fuel in Worth County early Wednesday morning, according to Magellan Midstream Partners L.P.

Craig Forman new CEO of McClatchy Co.

Roanoke Times
SACRAMENTO, Calif. (AP) – The McClatchy Co. on Wednesday named former Yahoo! and Earthlink executive Craig Forman as its new president and chief executive officer as the newspaper publishing giant struggles to make money in the digital age.

Uber was the most expensed service with 6% of all business receipts in 2016

VentureBeat
Uber continues to be the transportation service of choice for business travelers, making up 52 percent of all expenses in Q4, according to a study by Certify.

AT&T CEO: We’d invest more with Trump tax cut

USA TODAY
NEW YORK—Name the topic, AT&T’s chief likes what it sees from the new administration of Donald Trump. If only he knew how the new president will deal with AT&T’s biggest gamble – its $85 billion merger with Time Warner.

Spain Unemployment Falls to Seven-Year Low Amid Budget Talks

Bloomberg
Spanish unemployment fell to a seven-year low in the fourth quarter in a boost for Prime Minister Mariano Rajoy, who has made job creation the centerpiece of his administration.

The post Global Stocks Rally Gathers Pace as Bonds Slide: Markets Wrap appeared first on TheTrendler.


Marketers Should Note These 5 Things From Google Parent Alphabet’s Earnings

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By Google News

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Marketers Should Note These 5 Things From Google Parent Alphabet’s Earnings

Wall Street Journal
Google parent company Alphabet Inc. reported a 22% surge in fourth-quarter revenue to $26.1 billion. While that growth exceeded analysts’ expectations, the company’s 8.3% increase in profit fell short of expectations and the stock fell 2.3% in late

Carlos Slim calls for rare press conference days after border wall announcement

Fox News
Carlos Slim, who last month said a Donald Trump presidency could be good news for Mexico, called for a rare press conference Friday, just two days after Trump announced his plans to build a wall between the two countries.

Surge in media mergers is expected under Trump’s pro-business agenda

Los Angeles Times
Buckle up: Media companies are preparing for some whirlwind courtships in what’s expected to be the biggest merger bonanza in years.

Toshiba to sell part of chip business, puts overseas nuclear ops under review

Reuters
The logo of Toshiba Corp is seen behind a traffic signal at its headquarters in Tokyo, Japan January 27, 2017. REUTERS/Toru Hanai.

At Trump’s Mar-a-Lago, the price for joining the ‘winter White House’ has doubled

Washington Post
President Trump’s Mar-a-Lago Club in South Florida has doubled its new-member fees to $200,000 due to growing interest since the election, a major spike that is already drawing criticism that the president is profiting off his rise to the White House.

Wet Seal Will Close All 171 Stores in Latest Retail Bloodbath

Fortune
It looks like it’s the end of the line for one-time teen favorite store chain Wet Seal. The mall-based retailer is planning to close all of its 173 or so stores after failing to turn its business around, according to several media reports.

Elon Musk Has Trump’s Ear, and Wall Street Takes Note

CNBC
The election of Donald Trump and the accompanying rehabilitation of fossil fuels should have been, by all rights, devastating for Tesla Motors.

Alibaba’s Online Payments Arm Is Buying a US Money-Transfer Giant

Fortune
Ant Financial Services Group, the world’s largest financial technology company, said on Thursday that it would acquire U.S. money-transfer company MoneyGram International (mgi) for about $880 million in a deal that is expected to shake up the

UPDATE 4-Ford sees lower 2017 profits, takes hit from pensions, Mexico

Business Insider
DETROIT, Jan 26 (Reuters) – Ford Motor Co on Thursday reported a fourth-quarter loss, citing an accounting change to pensions and costs for abandoning a factory in Mexico, which President Donald Trump had attacked on the road the White House.

Is TransCanada Corporation’s Stock a Buy Now That the Keystone XL Pipeline Is Back in Play?

Motley Fool
President Donald Trump recently signed executive orders aimed at restarting stalled oil pipeline projects, including a request that TransCanada (NYSE:TRP) reapply for approval of its controversial Keystone XL pipeline.

Starbucks: Crowded stores turned off customers

USA TODAY
NEW YORK – Not everyone is willing to wait in a line for a Starbucks fix. The coffee chain reported disappointing sales growth on Thursday and partly blamed the “congestion” in its stores for prompting some people to leave without buying anything

Trump order strips privacy rights from non-U.S. citizens, could nix EU-US data flows

TechCrunch
An Executive Order signed by U.S. President Donald Trump in his first few days in office could jeopardize a six-month-old data transfer framework that enables EU citizens’ personal data to flow to the U.S.

Tesco’s Lewis Charts New Course With $4.6 Billion Booker Buy

Bloomberg
Tesco Plc agreed to buy Booker Group Plc for about 3.7 billion pounds ($4.6 billion), pooling the U.K.’s biggest supermarket chain with the No.

Trump Plan for Tax on Mexico Exports Raises Eyebrows in Asia

New York Times
TOKYO – Talk of a possible 20 percent tax on U.S. imports from Mexico raised eyebrows Friday in Asia, where exports to the U.S. drive growth in many economies.

Trump on Dow 20000: ‘Now we have to go up, up, up’

CNNMoney
So much for Trump warning of a “big, fat, ugly” bubble. Now that he’s in the White House, the new U.S. president is actively cheering on the stock market to go higher — much higher.

Shakeup at Harvard Endowment

Barron’s
There’s been a big shakeup at Harvard University’s struggling endowment, The Wall Street Journal reports. The endowment will outsource management of most of its assets and lay off roughly half its 230-person staff.

Two of Cisco’s biggest competitors quietly kicked it in the teeth this week

Business Insider
While the tech world was stunned by Cisco’s surprise $3.7 billion purchase of AppDynamics this week right before AppDynamics had its IPO, that’s only part of the drama around Cisco this week.

Kraft Heinz to give office workers the day off after Super Bowl

Pittsburgh Post-Gazette
The Kraft Heinz Co. is using its “Smunday” campaign to endorsing a petition that would make Monday after the Super Bowl a a national holiday.

Intel Announces Record Quarterly Revenue And Full-Year Revenue For Q4’2016

AnandTech
This afternoon, Intel announced their quarterly earnings for the fourth quarter of their 2016 fiscal year. Intel set a new record for revenue for this quarter, coming in at $16.4 billion.

Why ‘1984’ Is a 2017 Must-Read

New York Times
The dystopia described in George Orwell’s nearly 70-year-old novel “1984” suddenly feels all too familiar. A world in which Big Brother (or maybe the National Security Agency) is always listening in, and high-tech devices can eavesdrop in people’s homes.

The post Marketers Should Note These 5 Things From Google Parent Alphabet’s Earnings appeared first on TheTrendler.

Volkswagen passes Toyota as world’s largest automaker despite scandal

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By Google News

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Volkswagen passes Toyota as world’s largest automaker despite scandal

USA TODAY
Volkswagen Group soared past Toyota Motor as the world’s largest automaker in 2016, capturing the crown for the first time in a bittersweet accomplishment attributable almost entirely to sales in China.

Shares fall, dollar dips versus yen after Trump travels curbs

Reuters
A worker shelters from the rain as he passes the London Stock Exchange in the City of London at lunchtime October 1, 2008. REUTERS/Toby Melville/File Photo.

Delta’s U.S. Grounding Lifted After Latest Computer Glitch

Bloomberg
Delta Air Lines Inc. started resuming U.S. domestic flights after a 2 1/2-hour computer breakdown grounded about 170 flights and left passengers stranded across the country.

Tempur Sealy’s stock rocked after Mattress Firm contracts terminated

MarketWatch
Shares of Tempur Sealy International Inc. TPX, -2.89% plunged 29% toward a three-year low in premarket trade Monday, after the mattress seller said Mattress Firm Holdings Corp.

Arrests Made in Ticket Ponzi Scheme for ‘Hamilton,’ Adele Shows

Billboard
Two men were charged Friday (Jan. 27) with roles in Ponzi schemes that cheated wealthy people, including some who believed they were investing in ticket businesses for popular shows like an Adele concert and Broadway’s Hamilton.

Citigroup Plans to Exit Mortgage Servicing by End of 2018

Bloomberg
Citigroup Inc. plans to exit the mortgage-servicing business by the end of 2018 to focus on making new loans. The bank reached an agreement to sell the servicing rights on Fannie Mae- and Freddie Mac-backed loans with $97 billion of outstanding

The Exxon Tillerson left behind: hidebound, secretive, and wedded to tradition at a time of mind-boggling change

Quartz
Last November, ExxonMobil made a bombshell announcement. At a time experts thought all the supergiant oilfields on the planet were already discovered, the company revealed Liza, an “elephant” in industry parlance, 3.4 miles (5.5 km) beneath the waters …

Warren Buffett Tells Students to Welcome Immigrants on the Same Day Trump Bans Them

Inc.com
Minda Zetlin is a business technology writer and speaker, co-author of The Geek Gap, and former president of the American Society of Journalists and Authors.

Euro-Area Economic Confidence Hits Highest Level Since 2011

Bloomberg
Euro-area economic confidence hit a six-year high in January, adding to signs of stronger growth and inflation that are fueling a debate about European Central Bank stimulus.

Wall Street Week Ahead: Investors Upbeat on Data, Fed; Wary of Trump

Fox Business
In an ordinary world, a U.S. Federal Reserve meeting, jobs data and a hefty number of earnings reports next week should provide investors with welcome distraction from speculation about the U.S.

Danish drugmaker Novo Nordisk bets $145 mln on post-Brexit UK science

CNBC
An employee works on a high speed production line of insulin at a factory of Novo Nordisk. Novo Nordisk, the world’s top maker of diabetes drugs, is investing 115 million pounds ($145 million) in a new research center in Britain, undeterred by Brexit.

Congressman Peter Roskam and Tax Reform’s Big Moment

Forbes
WASHINGTON, DC – OCTOBER 22: U.S. Rep. Peter Roskam (R-IL) (L) speaks during a hearing before the House Select Committee on Benghazi October 22, 2015 on Capitol Hill in Washington, DC.

Oil steady but US drilling weakens deal to cut output

Reuters
LONDON Oil prices were steady on Monday, but news of another increase in U.S. drilling activity spread concern over rising output just as many of the world’s oil producers are trying to comply with a deal to pump less in an attempt to prop up prices.

Vodafone Is in Merger Talks to Create India’s Biggest Cellphone Company

Fortune
Britain’s Vodafone Group confirmed on Monday it was in talks to merge its Indian subsidiary with local rival Idea Cellular in an all-share deal that would create a new market leader better able to contest a brutal new price war.

Spanish Economy Maintained Growth Momentum in Fourth Quarter

Bloomberg
The Spanish economy maintained the pace of growth in the fourth quarter, as Prime Minister Mariano Rajoy seeks a cross-party agreement to approve this year’s budget.

Ex-Billionaire Batista Arrested on Arrival in Rio de Janeiro

Bloomberg
Eike Batista, once Brazil’s wealthiest man, is on an overnight flight from New York City to Rio de Janeiro where police are waiting to arrest him.

Howls Over Import Tax Complicate Plans to Overhaul Code

New York Times
Larry Kudlow, an economic commentator, in 2015. Mr. Kudlow, who counseled President Trump during the campaign, has spoken out against a proposed 20 percent tax on imports.

Mobile and YouTube drive Alphabet’s 4Q growth

Business Insider
Google’s parent company Alphabet reported $26.1 billion in total revenue, up 22% year over year (YoY) and 3% above consensus estimate of $25.2 billion.

RPT-ANALYSIS-American steel unlikely to get Keystone boost despite Trump order

Nasdaq
(Repeats with no changes) By Ernest Scheyder, Catherine Ngai and Terray SylvesterJan 27 (Reuters) – When U.S. President Donald Trump signed orders to revive two controversial energy pipeline projects this week, he pledged to require new pipelines to …

Keysight to Buy Ixia for About $1.6 Billion

Wall Street Journal
Keysight Technologies Inc. reached a deal to buy Ixia for about $1.6 billion in a move to expand its software-centric business and expand its intellectual property portfolio.

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Walmart Is Pulling The Plug On Its Prime Competitor In Favor Of Expanded Free Shipping

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By Google News

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Walmart Is Pulling The Plug On Its Prime Competitor In Favor Of Expanded Free Shipping

PYMNTS.com
Walmart’s ShippingPass program – a fee-based, two-day shipping program – will never make it past the shipping phase. Piloted as a possible competitor to Amazon Prime, the world’s largest retailer has decided to go a different way with enticing

India freaks out over US plans to change high-skilled visas

CNNMoney
Amid the hue and cry over President Trump’s travel ban, news of another potential change to American immigration rules has set off a panic attack in India’s tech industry.

Exxon Misses Estimates as $2 Billion Writedown Erodes Cash

Bloomberg
Exxon Mobil Corp. missed analyst estimates after a $2 billion writedown in the value of U.S. natural gas fields. The most important business stories of the day.

Dollar heads for worst January in a decade

Reuters
A woman counts U.S. dollars at a bank in Ho Chi Minh City, Vietnam, January 10, 2017. REUTERS/Kham. By Patrick Graham | LONDON. LONDON The dollar was on course for its worst start to a year in more than a decade on Tuesday after a trade adviser to …

Deutsche Bank’s Russian Scheme Isn’t Needed in 2017

Bloomberg
Leonid Bershidsky is a Bloomberg View columnist. He was the founding editor of the Russian business daily Vedomosti and founded the opinion website Slon.

Wall Street falls the most this year as Trump honeymoon sours

Reuters
NEW YORK Major U.S. stock indexes posted their largest drop so far in 2017 on Monday as investors worried that a curb on immigration ordered by Donald Trump was a reminder that some of the U.S.

Tesla Just Unveiled The World’s Largest Battery Storage Plant in California

Fortune
Tesla (tsla) on Monday cut the ribbon on a massive battery storage facility in the California desert—the biggest of its kind on earth.

Potent euro zone growth, inflation pressures reluctant ECB

Reuters
FILE PHOTO: A man passes a sign advertising the first day of winter sale shopping in a retail shop in Vienna, Austria, December 28, 2016.

Under Armour is crashing more than 20% after whiffing on earnings

Business Insider
The apparel company missed on both revenue and earnings per share against analyst expectations. Earnings for the fourth quarter came in at $0.23 per share against analyst expectations of $0.25.

Pfizer swings to a 4Q profit after rough year

U.S. News & World Report
Reduced spending on overhead and legal costs help drugmaker Pfizer Inc. end a difficult year with a fourth-quarter profit, after a loss a year ago, and the company forecast slightly higher revenue and profit for 2017.

U.S. Airlines Tumble Amid Fear Trump Travel Ban Will Spread

Bloomberg
U.S. airlines tumbled the most in three months as concerns mounted that President Donald Trump’s ban on travel from seven predominantly Muslim nations will lead to more restrictions on flights.

Wall Street under pressure after worst day of the year

CNBC
U.S. stock futures were under pressure this morning, after Wall Street on Monday posted its worst trading day of the year, as President Donald Trump’s temporary immigration ban jolted world markets.

Shell Sells $4.7 Billion of Fields as Disposals Accelerate

Bloomberg
Royal Dutch Shell Plc, looking to pare debt swollen by last year’s acquisition of BG Group Plc, accelerated its drive to shed assets on Tuesday by agreeing to the sale of fields in the North Sea and Thailand for as much as $4.7 billion.

Kuroda on Cruise Control Belies Risks Trump Poses for BOJ

Bloomberg
Optimistic economic forecasts and monetary policy settings that haven’t changed since September lend an aura of calm and control to the Bank of Japan.

Trump Vows to Dismantle Dodd-Frank ‘Disaster’

New York Times
President Trump signed an executive order on Monday requiring that with every new federal regulation proposed, two must be revoked.

UPS shares sink after earnings and revenue miss Streets’ expectations

CNBC
United Parcel Service shares fell on Tuesday after the company reported quarterly earnings and revenue that missed Wall Street’s expectations.

Even Sprint beat AT&T and Verizon in customer growth

CNET
Sprint’s customer growth continues to see momentum. Jamie Squire, Getty Images. Customers are turning to Sprint again. In fact, they’re starting to look to the nation’s fourth-largest wireless carrier over stalwarts like AT&T and Verizon Wireless.

Fed likely to keep rates steady as it awaits Trump economic plan

CNBC
The U.S. Federal Reserve is expected to keep interest rates unchanged on Wednesday in its first policy decision since President Donald Trump took office, as the central bank awaits greater clarity on his economic policies.

Ford breaks from Trump over ban as Detroit Muslims protest

The Boston Globe
Majed Moughni has lived the American dream: He climbed the ladder from impoverished refugee, to hotel dishwasher, to parking cars for Ford Motor Co.

Asian shares rattled by Trump policy worries, dollar soft

Reuters
A man walks past an electronic board showing Japan’s Nikkei average (top L), the Dow Jones average (top R) and the stock averages of other countries’ outside a brokerage in Tokyo, Japan, January 26, 2017.

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Sony Records 84 Percent Quarterly Profit Drop on Movie Loss

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By Google News

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Sony Records 84 Percent Quarterly Profit Drop on Movie Loss

U.S. News & World Report
Japanese electronics and entertainment company Sony Corp. says its profit dropped 84 percent in October-December as losses in its movie division offset healthy results in its video game business.

Deutsche Bank Falls as Client Jitters Hit Trading in Quarter

Bloomberg
Deutsche Bank AG fell the most in four months after earnings missed analysts’ estimates, in part because clients stepped back from doing business with the lender amid concern about its financial strength.

Judge Orders Trump-Owned Golf Resort to Pay Millions

New York Times
The Trump National Golf Club in Jupiter, Fla., in 2006, when it was owned by Ritz-Carlton. Credit Alex Quesada for The New York Times.

Facebook (FB) Tops on Q4 Earnings Driven by Mobile & Video

Zacks.com
Facebook, Inc.’s (FB – Free Report) earnings streak continues with yet another better-than-expected quarterly performance. Facebook’s fourth-quarter 2016 adjusted earnings of $1.24 per share and revenues of $8.8 billion easily topped the respective

Dollar Falls as Fed Path Assessed; Stocks Retreat: Markets Wrap

Bloomberg
The dollar slumped against all its major peers after the Federal Reserve gave dollar bulls little to be optimistic about after the worst January in 30 years.

Dakota Access Pipeline: ‘Rogue’ protesters arrested

CNN
(CNN) The Standing Rock Sioux tribe says a “rogue group of protesters” have put their cause at risk after reports that the 1,172-mile Dakota Access Pipeline project may have cleared a final hurdle.

Peter Thiel became New Zealand citizen in California in 2011

New Jersey Herald
FILE – In this July 21, 2016, file photo, entrepreneur Peter Thiel speaks during the final day of the Republican National Convention in Cleveland.

India unveils budget for recovery, and the poor, after cash crackdown

Reuters
NEW DELHI, Feb 1 India unveiled a budget on Wednesday to help the poor with hikes in government spending and cuts in taxes as Prime Minister Narendra Modi seeks to win back the sympathy of voters hit hard by his recent crackdown on “black money”.

BOE Sees Stronger Growth as Some Officials Flag Inflation Unease

Bloomberg
The Bank of England upgraded its forecasts for the economy for the second time since the Brexit vote and revealed that some policy makers have become more concerned about accelerating inflation.

Bourse Investors Join Avocado Lovers in Potential Border-Tax Hit

Bloomberg
Wal-Mart shoppers aren’t the only ones who could suffer under a tax plan that President Donald Trump is warming up to — U.S. investors who trade on the London Stock Exchange, the Deutsche Boerse and Euronext might also take a hit.

Bacon lovers, rest easy. You do not need to fear a shortage

USA TODAY
Rest easy, bacon lovers. There are still plenty of piggies going to market. There are no bacon shortages looming, but higher prices are a possibility.

German prosecutors investigate Deutsche Boerse chief

Reuters
Carsten Kengeter, CEO of Deutsche Boerse talks to the media during the presentation of FinTec start-up facilities provided by Deutsche Boerse in Frankfurt, Germany, February 24, 2016.

Despite boil order, no sign of contamination in Pittsburgh water

Tribune-Review
Phil Wasler, Bill Johnston and Peter Kope, all of Highland Park, collect potable water from Fire Station 8 in East Liberty, Wednesday, Feb. 1, 2017.

Reports: Abe to Propose Major Job-Creating Plan to Trump

New York Times
TOKYO – Angling to pre-empt complaints over Japan’s perennial trade surplus with the U.S., Prime Minister Shinzo Abe reportedly plans to propose a sweeping economic cooperation package meant to create hundreds of thousands of jobs in the U.S.

How Warren Buffett Is Inspiring Tomorrow’s Business Leaders

TheStreet.com
GENYOUth is an organization that specializes in school wellness programs, that encourage our kids to be fit — physically and mentally.

Ip Analysis: Contrasting Growth Views Could Unite Trump, Yellen on Rates

Wall Street Journal
President Donald Trump thinks he can return the economy to 4% annual growth. Janet Yellen, the Federal Reserve chairwoman, is expecting little more than 2%.

Tesla Changes Its Name: Don’t Try This At Home

Forbes
Tesla shows that little things in a name can be everything. But trademarks are hard to establish and feed off a company’s first accomplishments.

Shell Opens the Cash Pumps

Bloomberg
When a company misses earnings expectations by $1 billion, investors are usually well advised to dash for the panic room. But for Royal Dutch Shell PLC, which served up that beauty on Thursday, profit doesn’t matter much right now.

Swiss Sanction RBS Unit Over Lapses Linked to Malaysian Fund

New York Times
GENEVA – Switzerland’s financial markets regulator on Thursday sanctioned a private bank linked to Royal Bank of Scotland for having “seriously breached” money laundering rules in connection with indebted Malaysian sovereign wealth fund 1MDB.

Trump’s campaign paid his businesses millions over course of campaign

Politico
The final bill is in: Donald Trump’s campaign paid his companies $12.8 million from the time he launched his improbable presidential bid in the lobby of his company’s flagship Trump Tower property through the end of last year, according to a POLITICO …

The post Sony Records 84 Percent Quarterly Profit Drop on Movie Loss appeared first on TheTrendler.

Trump to take steps rolling back financial regulations

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By Google News

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Trump to take steps rolling back financial regulations

CNN
Washington (CNN) President Donald Trump will begin work Friday dismantling the financial regulations enacted after the 2008 economic crisis, hours after the first major economic report of his administration is released.

US CEOs to meet with Trump amid tension over his policies

Business Insider
WASHINGTON, Feb 3 (Reuters) – President Donald Trump will huddle with chief executives of major U.S. companies on Friday as the business community finds itself increasingly split over how to respond to his policies.

Nordstrom drops Ivanka Trump-branded clothing and shoes

Washington Post
Nordstrom will stop selling Ivanka Trump’s name-branded line of clothing and shoes, a company representative said Thursday. The change followed a weeks-long boycott campaign, organized by an anti-Trump activist group called “Grab Your Wallet.

Snap CEO Will Get Paid as Much as Mark Zuckerberg After His IPO

Fortune
Evan Spiegel, CEO of Snap Inc., will follow in the Facebook (fb) CEO’s footsteps in more ways than one when Snapchat’s parent company goes public, expected to happen next month.

Amazon sinks as revenue misses, guidance disappoints

CNBC
Amazon.com was pummeled on Wall Street on Thursday after its holiday season sales fell short of expectations. EPS: $1.54 a share vs.

What to Expect in the Monthly Jobs Report

New York Times
Construction of the new Tappan Zee Bridge in Tarrytown, N.Y. Analysts expected the first month of 2017 to have better results than December, when the economy gained 156,000 jobs.

Chipotle tries hard to rebound from food safety debacle, but Trump’s Mexico tariff could halt recovery

Salon
Chipotle tries hard to rebound from food safety debacle, but Trump’s Mexico tariff could halt This Monday, Feb. 8, 2016, photo, shows the sign of a Chipotle restaurant in Hialeah, Fla.

The CMOs Behind The 2017 Super Bowl Ads: Big-Game Strategy And Goals

Forbes
This year’s Super Bowl commercials are upon us. Many have been released online and on TV in advance of the game, as in years past, and many will not be revealed—with surprises galore—until game day.

Scam Alert: Four Ways To Avoid The Nastiest Tax Swindles

Forbes
Tax scamsters are out in force now. It’s prime time for them. There are a number of things you can do to protect yourself. The most prevalent swindles involve stealing your personal information.

Deutsche Bank to cut as much as 17 percent of equities staff: WSJ

Reuters
FILE PHOTO – The emblem of Deutsche Bank is pictured during the bank’s annual general meeting in Frankfurt, Germany, May 19, 2016.

U.K. Services Growth Cools as Costs Dominate Firms’ Concerns

Bloomberg
Britain’s services sector, the driving force of the economy in recent years, cooled in January and companies saw costs surge at the fastest pace in six years.

Trump Welcomes Harley-Davidson in Latest White House Session

Bloomberg
President Donald Trump continued to court his pro-manufacturing base with yet another summit involving a chief executive officer, greeting Harley-Davidson Inc. executives and union officials at the White House on Thursday.

Mexico Blowback Should Dissuade Trump From Taking On China

Bloomberg
On the campaign trail, Donald Trump made China and Mexico the principal villains responsible for the loss of manufacturing jobs in the Rust Belt.

Uber CEO Travis Kalanick quits Donald Trump’s business advisory council

TechCrunch
Uber CEO Travis Kalanick has removed himself from Donald Trump’s economic advisory group, as first reported by both Recode and the New York Times, and confirmed by TechCrunch.

Shares linked to missing China billionaire slump

U.S. News & World Report
In this Dec. 2013, photo, Xiao Jianhua, a Chinese-born Canadian billionaire talks to reporter outside the International Finance Centre in Hong Kong.

Who said tax reform was easy?

Politico
Republican efforts to overhaul the tax code for the first time in a generation are facing multiple challenges just two weeks into President Donald Trump’s administration.

CBS Sets Radio Division Merger With Entercom

Variety
CBS Corp. has unveiled plans to merge its radio division with Philadelphia-based Entercom, creating a broadcast platform with 244 stations and national reach across major markets.

Here are the strengths and weaknesses of Facebook’s plan to grab TV’s ad money

Business Insider
On Wednesday, Mark Zuckerberg laid out his vision for the future of Facebook video, and he seems to be copying YouTube’s battle plan.

GoPro is tanking after big misses on revenue and guidance

Business Insider
Shares of GoPro are down 10% in after-hours trading after the company missed on revenue and issued disappointing guidance. Revenue during the crucial holiday quarter slid 5.7% versus a year ago to $540.6 million, which was well shy of the $574.5

Dollar recovers slightly ahead of payrolls, earnings support stocks

Reuters
LONDON The dollar recovered from 12-week lows but was poised for a fourth straight weekly loss in cautious trading on Friday ahead of U.S.

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This 17-hour flight is now the longest in the world

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This 17-hour flight is now the longest in the world

USA TODAY
Qatar Airways is the new titleholder for the world’s longest regularly scheduled airline flight. The airline on Sunday inaugurated service on the 9,032-mile route between its Doha hub and Auckland, New Zealand.

Sterling stuck at one-week low as MPs work on Brexit law

Reuters
A pile of one pound coins is seen in a photo illustration shot June 17, 2008. REUTERS/Toby Melville/Illustration/File Photo. By John Geddie | LONDON.

Trump wants to renegotiate NAFTA — here’s what you need to know

Business Insider
nafta A man calling himself “The Death of US Jobs” joins thousands of other people as they attend the “Not To This NAFTA” rally on the steps of the state capitol in Lansing, Michigan, September 18, 1993.

Toyota, Suzuki courtship intensifies as partnership talks begin

Reuters
TOKYO Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) said on Monday they plan to trade expertise in parts supplies and R&D, in an agreement that will aid expansion in emerging markets and help them cope with rapid technological …

Tiffany’s stock slumps after CEO steps down

MarketWatch
Shares of Tiffany & Co. TIF, +2.93% slumped 3.2% in premarket trade, after the high-end jewelry retailer said over the weekend that Chief Executive Frederic Cumenal stepped down, effective immediately, after 22 months in the role.

Ivanka Trump’s foreign manufacturing practices could be her brand’s next big headache

Business Insider
Nordstrom announced on February 2 that it decided to stop carrying the brand due to declining sales. And as of February 3, all the first daughter’s products had disappeared from Nieman Marcus’ website as well.

The rise of Snapchat from a sexting app by Stanford frat bros to a $3 billion IPO

Business Insider
In Snapchat’s case, it wasn’t two ousted cofounders (the Winklevoss twins) against Mark Zuckerberg. But still, it featured the backdrop of an elite university – Stanford versus Harvard – and ended up in litigation, with Snapchat cofounders Evan

Dodd-Frank’s Tentacles Go Deep. They Won’t Be Cut Fast or Easily

Bloomberg
It has taken seven years to put in place the regulatory strictures imposed on Wall Street after the financial crisis. They won’t be removed fast or easily.

Chipotle could a take hit under President Trump’s proposed import tax

Fox News
After facing a series of foodborne illness scares and multiple lawsuits, Chipotle Mexican Grill could be taking another hit. President Donald Trump’s proposal of a 20 percent tariff on goods from Mexico to help pay for a border wall has some South of

Tepid Start to the Week in Markets as Trump Remains in Focus

New York Times
LONDON – European stock markets traded in narrow ranges Monday amid a dearth of economic data and as investors gauged the fallout from President Donald Trump’s ban on refugees and travelers from seven predominantly Muslim countries from …

Shortage of Philadelphia transit cars expected due to cracks

Houston Chronicle
PHILADELPHIA (AP) – The Philadelphia area’s main transit agency says there will be a temporary shortage of rail cars during peak hours following the discovery of cracks in the support beams of two cars.

FOREX-Dollar subdued after US wage growth disappoints

Reuters
TOKYO, Feb 6 The dollar started the week on the back foot on Monday, after U.S. data showed a smaller-than-expected rise in wages in January that reinforced expectations the Federal Reserve will refrain from raising interest rates next month.

Fall armyworm ‘threatens African farmers’ livelihoods’

BBC News
Scientists are calling for urgent action to halt the spread of a pest that is destroying maize crops and spreading rapidly across Africa.

Journalist faces charges after arrest while covering Dakota Access pipeline protest

Los Angeles Times
A journalist arrested in a broad sweep of a “rogue” protest camp near the Standing Rock reservation is facing criminal charges from North Dakota authorities.

Portugal Is in a Fragile State, Group Warns

U.S. News & World Report
The Organization for Economic Cooperation and Development has warned Portugal that its fragile banks and high national debt make it especially vulnerable to events, such as a slump in world trade or financial jitters in Europe.

Should you do your taxes yourself or hire a tax preparer?

USA TODAY
One of the biggest decisions taxpayers face each year is how to file their returns. Last year, 86%, nearly 132 million, of returns were filed with tax software.
Broadway World
PACIFIC MISSILE RANGE FACILITY, Hawaii, Feb. 4, 2017 /PRNewswire/ The U.S. Navy and Missile Defense Agency (MDA) have completed the first successful intercept flight test of a Raytheon Company (NYSE: RTN) Standard Missile-3 (SM-3) Block IIA, …

6 Things You Need to Know About Social Security Right Now

Fox Business
Social Security serves as a financial lifeline for countless retirees. Here are six things you absolutely must know about this crucial program.

Iran says US sanctions stop American oil firms taking part in projects

Reuters
FILE PHOTO: A gas flare on an oil production platform in the Soroush oil fields is seen alongside an Iranian flag in the Persian Gulf, Iran July 25, 2005.

Top of the Mark, other local InterContinental properties hit by credit card data theft

SFGate
Two popular spots in the Mark Hopkins hotel in San Francisco are among 12 InterContinental Hotels Group properties that had customers’ credit card data stolen via malware.

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84 Lumber and the big-budget Super Bowl ad to nowhere

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84 Lumber and the big-budget Super Bowl ad to nowhere

Washington Post
Building supplies company 84 Lumber tackled a heap of controversy over the weekend with its carefully-crafted – yet inconclusive – 90-second Super Bowl ad featuring a Mexican mother and daughter embarking on a difficult journey north that left the …

Euro, European bonds unnerved by French politics

Reuters
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, February 1, 2017.

The name on everyone’s lips: Donald Trump

CNN
Washington (CNN) He’s everywhere. In Hollywood, in Silicon Valley boardrooms, in the nation’s highest courts, across thousands of lamenting Facebook posts, and even on the sidelines of your kid’s soccer game — there’s one name on everybody’s lips.

China’s Foreign Reserves Plummet

U.S. News & World Report
China’s foreign exchange reserves have fallen to a 6-year low following an outflow of money that prompted Beijing to tighten capital controls.

GM Net Profits Fall Slightly but Company Still Makes $9.4B

New York Times
DETROIT – General Motors’ net profit fell just under 3 percent last year but the company still made a $9.4 billion on the back of its U.S.

BP Posts Profit, Sees Higher Production; Stock Dips

Nasdaq
(RTTNews.com) – Oil giant BP plc (BP.L, BP_UN.TO, BP) reported Tuesday a profit in its fourth quarter, compared to last year’s hefty loss, benefited from higher oil prices and significantly lower costs.

1Q profit for Tyson rises 29%

Arkansas Online
Tyson Foods reported Monday that its profits were up 29 percent in the first quarter, breaking company records and besting analysts’ estimates, but its top executive confirmed the company’s pricing practices were being investigated by the Securities

Macy’s facing pressure to drop Ivanka Trump line

Fox News
Macy’s is facing pressure to drop Ivanka Trump’s line after Nordstrom and Neiman Marcus have stopped selling her merchandise.

Trump’s energy plan doesn’t mention solar, an industry that just added 51000 jobs

Washington Post
The White House website may not even mention it as part of Trump’s “America First Energy Plan” – but the U.S. solar industry continues to post dramatic job growth numbers.

Greek Two-Year Yields Approach 10% Amid IMF Standoff With EU

Bloomberg
Greece’s two-year note yields neared 10 percent as a quarrel between the nation’s creditors over its fiscal targets boosted concern it is running out of time to complete yet another review of its bailout program.

RPT-White House memo confuses Wall Street on fate of fiduciary rule

Reuters
WASHINGTON/NEW YORK Feb 7 Conflicting signs from the White House have left brokerage firms and lobbyists unsure whether a controversial rule governing retirement advice will ever be put in place, but they are taking no chances and complying anyway.

Toshiba courts funds as SK Hynix, Micron Technology bid for chip stake: sources

Reuters
The logo of SK Hynix is seen in its plant in Icheon, about 80 km (50 miles) southeast of Seoul May 13, 2013. REUTERS/Lee Jae-Won. 1/2.

General Motors has ‘great year’

The Detroit News
General Motors Co. said Tuesday its net income last year fell less than 3 percent to $9.43 billion, though the company posted several yearly records including pre-tax adjusted earnings of $12.9 billion.

Rio Tinto Plans to Hand Over Diamonds

U.S. News & World Report
The Rio Tinto group has decided to hand over a diamond mine to the central Indian state of Madhya Pradesh where the project is located, the company said Tuesday.

Honda and Hitachi Are Forming an Electric Vehicle Motor Company

Fortune
Honda Motor and Hitachi’s auto parts subsidiary plan to form a joint venture to develop, produce and sell motors for electric vehicles (EV), joining forces to better compete in the highly specialized “green” car segment.

Uber Hires Veteran NASA Engineer to Develop Flying Cars

Bloomberg
The man who inspired Google’s co-founder will join the ride-hailing startup’s nascent project. by. Brad Stone. @BradStone More stories by Brad Stone.

Michael Kors comparable sales fall more than expected

Reuters  
Michael Kors logo is seen in a shop in downtown Lisbon, Portugal, November 16, 2016. REUTERS/Rafael Marchante. Apparel and accessories maker Michael Kors Holdings Ltd (KORS.

Joe Conason: ‘Populist’ Trump Punks His Fans

Noozhawk
There was never any reason to think that Donald Trump’s stump-speech assaults on Wall Street banks and hedge funds were even momentarily sincere – but millions of working- and middle-class voters loved his populist rhetoric.

European Central Bank to Trump: ‘We Are Not Currency Manipulators’

Fortune
The European Central Bank rejected U.S. accusations of currency manipulation on Monday and warned that deregulating the banking industry, now being openly discussed in Washington, could sow the seeds of the next financial crisis.

Krispy Kreme is offering free doughnuts all month

KGBT-TV
COLUMBUS, Ohio (WSYX/WTTE) – Krispy Kreme announced they will be offering free doughnuts for the entire month of February starting Monday.

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Disney CEO Bob Iger says he’s ‘open’ to staying on after his contract expires in 2018

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Disney CEO Bob Iger says he’s ‘open’ to staying on after his contract expires in 2018

Los Angeles Times
Walt Disney Co. Chief Executive Robert Iger opened the door Tuesday to the possibility of remaining head of the Burbank entertainment giant longer than previously planned.

Greece Hits Back Against IMF as Bond Market Remains Spooked

Bloomberg
Greece pushed back against the International Monetary Fund’s view that the government’s economic reforms are heading off track.

Dakota Access pipeline construction expected to get go-ahead

Washington Post
BISMARCK, N.D. – The developer of the stalled Dakota Access oil pipeline could get clearance from the Army as early as Wednesday to finish the $3.8 billion project, though the American Indian tribe that has led the battle against the project for

Time Warner earnings beat Street expectations, helped by success of ‘Harry Potter’ spinoff

CNBC
Time Warner, which is in the process of being bought by AT&T, reported quarterly earnings and revenue that beat Wall Street’s expectations, helped by the success of blockbusters like the “Harry Potter” spinoff “Fantastic Beasts and Where To Find Them.

Disney Misses on Revenue, Hurt by Declines at ESPN

TheStreet.com
The media giant posted lower-than-expected revenue for the fiscal first quarter of 2017, largely as a result of pressures from its sports network, but topped earnings estimates.

Wall Street edges up as Nasdaq sets record high

Reuters
The S&P 500 ended barely higher on Tuesday while the Nasdaq managed to scratch out a new record as gains in big tech names countered energy declines.

Starbucks Offering Free Legal Advice to Immigrant Employees

Inc.com
The coffee giant is partnering with Ernst & Young to provide free counsel to full-time and part-time employees and their families.

Indian central bank keeps policy rate on hold, with eyes on inflation

Reuters
The Reserve Bank of India (RBI) Governor Urjit Patel attends a seminar during the Vibrant Gujarat investor summit in Gandhinagar, India, January 11, 2017.

Oil prices fall on bloated US fuel inventories, stalling China demand

Reuters
Oil pump jacks are seen next to a strawberry field in Oxnard, California February 24, 2015. REUTERS/Lucy Nicholson. By Ahmad Ghaddar | LONDON.

‘Unimaginable’ radiation levels detected inside Fukushima reactor in Japan

Syracuse.com
A reactor building damaged by the 2011 earthquake and tsunami at the crippled Fukushima Daiichi nuclear power plant in Japan is seen in a file photo.

Seattle becomes the first city to sever ties with Wells Fargo in protest of Dakota Access pipeline

Los Angeles Times
With supporters carrying signs saying “Make big business pay” and Native American activists performing an “honor song” in gratitude, the Seattle City Council on Tuesday voted to make this the first city in the nation to end its relationship with a bank

Maersk Line expecting $1 billion improvement on 2016 loss this year

JOC.com
Maersk Line reported an annual loss of $376 million for 2016, while at the same time forecasting that its 2017 profit will be a $1 billion improvement on the negative 2016 results that were described by CEO Soren Skou as “unsatisfactory.

Sprint Customers Consumed Nearly 5TB Of Data at Super Bowl LI

Android Headlines
Sprint noted in a press release on Monday, that their customers consumed nearly 5TB of data in and around the NRG Stadium in Houston, which hosted the Super Bowl on Sunday.

Political jitters keep euro, French debt under pressure

Reuters
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, February 1, 2017.

Japan’s Sharp may begin construction on $7 bln US plant before June 30: source

Business Insider
TOKYO (Reuters) – Japanese display maker Sharp Corp may start building a $7 billion plant in the United States before June 30, taking the lead on a project initially considered by its Taiwanese parent Foxconn, a person with knowledge of the plan said.

Boutique bank Moelis wins advisory role for mammoth Saudi Aramco IPO

Reuters
NEW YORK/LONDON/DUBAI Feb 8 New York-based boutique investment bank Moelis & Co has been chosen as an adviser by Saudi Aramco on its plans for what is expected to be the world’s biggest initial public share offer, sources familiar with the matter …

Ivanka Trump’s Clothing Line Has Disappeared From Four More Retailers

BuzzFeed News
Amid growing pressure for stores to drop the first daughter’s brand, it is no longer being sold on Belk, Jet, ShopStyle, and Home Shopping Network.

Snap Linked to Swiss Startup That Fights Product Copycats

Bloomberg
When Snap Inc. filed for an initial public offering earlier this month, it said a risk for the company is Facebook Inc.’s Instagram mimicking Snapchat features.

American airlines want Trump to take on their Gulf rivals

CNNMoney
Big American airlines have been crying foul over subsidies they say benefit their Middle East rivals for a long time. Will President Trump listen to them?

Don’t Be a Lightweight, Rio

Bloomberg
What’s the point of assembling mining’s best balance sheet if you’re not allowed to trash it once in a while? Rio Tinto Group has worked hard to set its house in order as the last decade’s commodities boom turned to bust.

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Trump’s Supreme Court pick: Judge attack ‘demoralizing’

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Trump’s Supreme Court pick: Judge attack ‘demoralizing’

The Hill
The fury over President Trump’s attacks on the judiciary grew on Wednesday as even his nominee for the Supreme Court criticized his rhetoric as “demoralizing” for the nation’s judges.

Oil fuels stocks rally, bond market pressure eases

Reuters
A man looks at a stock quotation board outside a brokerage in Tokyo, Japan, April 18, 2016. REUTERS/Toru Hanai. By Nigel Stephenson | LONDON.

Is the Trump Battle With Nordstrom Fair Game?

U.S. News & World Report
President Donald Trump’s criticism that Nordstrom treated his daughter ‘so unfairly’ has raised ethics concerns. Feb. 9, 2017, at 12:08 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Is the Trump Battle With Nordstrom Fair Game? MORE.

Flamanville reactor blast: No nuclear risk, say officials

BBC News
An explosion and fire have occurred at the Flamanville nuclear plant on France’s northern coast but there was no nuclear risk, officials say.

The unanswered question in Trump’s announcement of a $7 billion Intel investment

Washington Post
President Trump met with Brian Krzanich, the chief executive of U.S.-based technology company Intel, on Wednesday to announce a $7 billion investment in an advanced computer chip factory in Chandler, Ariz.

Twitter shares crater after ugly revenue miss, shockingly weak guidance

CNBC
Twitter shares sank on Thursday after the social media company reported quarterly revenue that missed Wall Street’s expectations, and issued guidance that fell far short of estimates.

Anthem-Cigna Merger Blocked

U.S. News & World Report
A federal judge rejected Anthem Inc.’s bid to buy rival health insurer Cigna Corp. U.S. District Judge Amy Berman Jackson on Wednesday said the merger would significantly reduce competition in the already concentrated insurance market.

Trump’s views don’t always align with what’s said in Japan

Washington Post
Japanese Prime Minister Shinzo Abe and U.S. President Donald Trump had a head start building rapport at a previous meeting, and hope to build on it in Washington on Friday.

Is A Strong Or Weak Dollar Good For The US? The $16 Trillion Question

Seeking Alpha
From a strategic point of view, the best thing for the US is the market-generated rate. It was an important achievement that the forex market was de-weaponized.

Singapore Airlines places $13.8 billion wide-body Boeing order

Reuters
FILE PHOTO – Boeing’s logo is seen during Japan Aerospace 2016 air show in Tokyo, Japan, October 12, 2016. REUTERS/Kim Kyung-Hoon/File Photo.

IRS answers common early tax season refund questions and addresses surrounding myths

Arizona Daily Sun
PHOENIX – As millions of people begin filing their tax returns, the Internal Revenue Service reminded taxpayers about some basic tips to keep in mind about their refunds.

Infosys Founders Said to Question Payments for CEO, Executives

Bloomberg
The board of Infosys Ltd., India’s second-largest technology services company, is facing questions over executive compensation and corporate governance in a letter sent by at least three of its founders, according to people with knowledge of the matter.

Get Your Resume Ready: There’s A Job Opening For ‘Chocolate Taster’

Huffington Post
Mondelez International ― owner of tasty treats including Cadbury and Oreo ― is looking to hire a “chocolate taster” to test out the company’s products.

Nokia (NOK) to Acquire Comptel for EUR347M

StreetInsider.com
okia Corporation (NYSE: NOK) announces today its intention to acquire Comptel Corporation to advance its software strategy and provide service providers with a comprehensive solution to design, deliver, orchestrate and assure communications and digital …

Standing Rock Sioux chairman: ‘I was slighted. I was disrespected.’

Washington Post
Standing Rock Sioux Chairman David Archambault II arrived in Washington on Tuesday afternoon expecting to make a last-minute pitch to head off the Dakota Access Pipeline at a scheduled White House meeting the next morning.

Japanese nuclear plant just recorded an astronomical radiation level. Should we be worried?

Washington Post
TOKYO – The utility company that operated the Fukushima Daiichi nuclear plant in Japan – the one that went into triple meltdown after the enormous 2011 earthquake and tsunami – has released some jaw-dropping figures.

New York Times Offers Free Spotify Service to Boost Subscribers

Bloomberg
New York Times Co., looking for ways to persuade readers to pay for news, is working with Spotify Ltd. to give new digital subscribers to the newspaper free access to the world’s largest music-streaming service.

Whole Foods to Shrink Store Count for First Time Since Recession

Bloomberg
Whole Foods Market Inc., facing its worst sales slump in more than a decade, is taking a step that would have been unthinkable in its highflying days: shrinking the size of the chain.

Domino’s now has a wedding registry, because pizza

USA TODAY
Dinnerware service for eight. A gourmet coffee press. A set of thick towels. Now, add pizza to your list of desired wedding gifts.

Snapchat Parent’s IPO Filing Omits Monthly Data

Wall Street Journal
There is at least one metric missing in Snap Inc.’s 230-plus page registration statement for its initial public offering, leaving some investors concerned about how best to assess user engagement.

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White House says Conway has been ‘counseled’ after touting Ivanka Trump’s products

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White House says Conway has been ‘counseled’ after touting Ivanka Trump’s products

Washington Post
The White House on Thursday said that a top adviser to President Trump had been “counseled” after using a television appearance from the West Wing to promote the clothing and jewelry line sold under the brand of Trump’s daughter.

Reckitt finalizes deal to buy Mead Johnson for $16.6 billion

CNBC
Reckitt Benckiser has agreed to buy U.S. baby formula maker Mead Johnson Nutrition for $16.6 billion, giving the British consumer goods company a new product line and expanding its presence in developing markets.

Dollar touches 10-day high before Trump-Abe meeting

Reuters
LONDON The dollar hit its highest level in 10 days against the yen ahead of a meeting of the U.S. and Japanese leaders on Friday, putting it on course for its best week against a basket of major currencies since mid-December.

Trump shows interest in privatizing air traffic control

Washington Post
WASHINGTON – President Donald Trump told airline and airport executives Thursday that he is interested in privatizing America’s air traffic control system and improving the nation’s airports and roads, which he called obsolete.

Twitter Rethinks Ad Strategy in Effort to Translate User Growth Into Additional Revenue

Wall Street Journal
President Donald Trump has made Twitter Inc. more visible than ever. Now, the company has to find a way to cash in. Twitter said Thursday it would revamp its advertising strategy, shifting away from older products like promoted tweets in favor of video

Activision Blizzard crushes quarterly revenue

MarketWatch
Growing numbers of consumers with a videogame sweet tooth helped swell Activision Blizzard Inc. revenue and profit in the latest quarter, reflecting the value of last year’s acquisition of the maker of the “Candy Crush Saga” games.
Allentown Morning Call  – ‎1 hour ago‎
In September, Whole Foods opened its first supermarket in the Lehigh Valley at the Hamilton Crossings shopping center in Lower Macungie Township.

Consumer Watchdog Faces Attack by House Republicans

New York Times
Representative Jeb Hensarling, right, Republican of Texas, with Steven Mnuchin, President Trump’s nominee to be secretary of the Treasury, at a hearing last month.

Trump, Wall Street, Strive to Make Securities Fraud Great Again

TheStreet.com
A federal judge Wednesday ruled against opponents of the Department of Labor’s fiduciary rule. But the fight isn’t over. It’s a tough time to be a small investor.

Kellogg CEO: No ‘discernible’ impact from online boycott

The Oakland Press
FILE- In this July 18, 2012, file photo, Kellogg’s cereal is on display at a grocery market in Pittsburgh. (AP Photo/Gene J. Puskar).

Nvidia (NVDA) Earnings: Why This Q4 Beat Was Really Important

Nasdaq
It appears the only thing now strong enough to stop Nvidia (NVDA) stock from climbing higher are investors’ expectations. Thanks to the company’s advancements in cutting-edge technologies such as deep learning and artificial intelligence (AI), NVDA

Stephen Curry gets assist from Misty Copeland and Dwayne ‘The Rock’ Johnson

Qcity metro
Two more high-profile athletes have joined Golden State Warriors star Stephen Curry in opposing comments made by Under Armour CEO Kevin Plank in support of President Donald Trump.

Expedia CEO: Hopefully we’ll live to see the end of the year

CNNMoney
Some CEOs live for a better bottom line. Expedia’s CEO just hopes we live, period. Expedia (EXPE) CEO Dara Khosrowshahi ended an otherwise routine conference call about the company’s fourth quarter earnings with a gloomy comment on our fragile …

Stock futures edge up after Wall St. hits record high

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 7, 2017. REUTERS/Brendan McDermid. By Yashaswini Swamynathan.

Make less than $54000? Consider this tax break

Quad-Cities Online
In this Jan. 14, 2017, photo, tax professional and tax preparation firm owner Alicia Utley views a Form 1040 on her computer in her office at Infinite Tax Solutions, in Boulder, Colo.

Stocks jump on Trump’s tax remarks

Washington Post
Wall Street’s three main indexes surged to record highs Thursday after President Trump said he would make a major tax announcement in a few weeks.

Disney to inject 1.5 billion euros in Euro Disney

MarketWatch
PARIS– Walt Disney Co. on Friday tightened its grip on Euro Disney SCA and said it would support a cash injection of up to EUR1.5 billion ($1.6 billion) to fund improvements and reduce debt at the struggling French theme park.

Amazon takes victory lap for its role in halting Trump’s travel ban

New York Post
A top lawyer for internet retailer Amazon is taking a victory lap for the company’s role in the Ninth Circuit Court’s decision to retain the temporary restraining order halting President Trump’s travel ban.

Hackers Stole Credit Card Information From Thousands of Arby’s Customers

Fortune
Hackers have stolen customer credit card information from an unknown number of Arby’s restaurants, according to a report on Thursday.

Zenefits Cuts Nearly Half of Staff

Wall Street Journal
Zenefits on Thursday said it cut another 45% of its staff, marking the latest blow for the startup that has struggled with weakened sales and regulatory issues.

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Organic food is more popular than ever, so why is Whole Foods struggling?

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Organic food is more popular than ever, so why is Whole Foods struggling?

Christian Science Monitor
Whole Foods reports declining sales for the sixth quarter in a row, even as organic food sales have doubled in the past decade. Monitor’s Best: Top 5. Inhabit Should pollinating drones take over for honeybees?

Sears, Kmart join other retailers in dropping Trump-branded items

Tampabay.com
Ivanka Trump arrives on Capitol Hill in Washington, Friday, Jan. 20, 2017, for the presidential inauguration of her father Donald Trump.

Stocks on the march as ‘Trump trades’ bounce back

Reuters
People walk through the lobby of the London Stock Exchange in London, Britain August 25, 2015. REUTERS/Suzanne Plunkett/File photo.

Trump Sons Forge Ahead Without Father, Expanding and Navigating Conflicts

New York Times
President Trump’s old office on the 26th floor of Trump Tower in Manhattan sits unoccupied now, unofficial storage space for the gathering trove of memorabilia that his two oldest sons say they hope will eventually be turned over to their father’s

Why It’s A Good Idea To File Your Taxes Early

Huffington Post
This post is hosted on the Huffington Post’s Contributor platform. Contributors control their own work and post freely to our site.

Dollar Pauses as Technicals Weigh Before Yellen Testimony, CPI

Bloomberg
The Bloomberg Dollar Spot Index was little changed and major currencies mostly followed technical signals amid buoyant risk sentiment Monday, as traders awaited Federal Reserve Chair Janet Yellen’s appearances before Congress and U.S.

Toshiba’s Nuclear Reactor Mess Winds Back to a Louisiana Swamp

Bloomberg
If you want to understand why Toshiba Corp. is about to report a multi-billion dollar write-down on its nuclear reactor business, the story begins and ends with a one-time pipe manufacturer with roots in the swamp country of Louisiana.

Saudi Arabia Tells OPEC It Cut Oil Output by Most in Eight Years

Bloomberg
Saudi Arabia told OPEC that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world markets.

Co-Op Bank Starts Sale Process, Mulls Debt for Equity Swap

Bloomberg
Co-Operative Bank Plc, the British lender that ceded control to its creditors three years ago, is considering swapping bonds for equity to raise capital while also starting a sale process.

Japan’s GDP disappoints

Business Insider  – ‎49 minutes ago‎
Japan sad fan A Japanese soccer fan wipes her tears as Japan loses their 2014 World Cup soccer match against Colombia, at a public viewing event in Tokyo.

Chinese Auto Sales Slide

U.S. News & World Report
Honda Civic cars at Dongfeng Honda Automobile assembly plant in Wuhan in central China’s Hubei province are prepared. (Chinatopix via AP).

Boeing workers, Machinists rally ahead of unionization vote

Clay Center Dispatch
NORTH CHARLESTON, S.C. (AP) – Two days before South Carolina Boeing employees vote on whether to join a union, workers and union members are holding a rally in support of collective bargaining rights.

EU forecasts British economy slowdown during Brexit talks

U.S. News & World Report
A youngster sightseeing with her family performs a gymnastic move on the south bank of the River Thames back dropped by the Houses of Parliament in London, Wednesday, Feb. 8, 2017.

UAW says it will greet Tesla workers with ‘open arms’

CNBC
The United Automobile Workers union on Friday said it had been approached by workers at Tesla’s Fremont, California, assembly plant, rejecting a charge by the chief executive of the luxury electric car maker that a worker who publicly criticized the

WATCH: Life Is Better Without The Dodd-Frank Act

Salon
President Donald Trump is fulfilling a promise made to voters during his campaign to repeal the consumer protection authority, citing that the banking industry considers the regulations burdensome and costly.

Burger King, Tim Hortons owner’s profit more than doubles

CNBC
Exterior pictures of both Tim Hortons and Burger King(in the same frame) located across the street from one another on the Queensway in Etobicoke.

BHP Vows Legal Action at Top Copper Mine After Group Enters Site

Bloomberg
BHP Billiton Ltd., the owner of the world’s biggest copper mine known as Escondida, said it will take legal action after a group of more than 300 people entered the mine site during a strike and forced some contractors to abandon the compound.

Infosys CEO Sikka attempts to quell tensions with company founders

Reuters
Vishal Sikka, CEO of Infosys attends the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland, January 17, 2017.

South Korea prosecution considering more arrest warrants for Samsung executives

Yahoo News
SEOUL (Reuters) – The South Korean special prosecutor’s office said on Monday it will decide whether to seek arrest warrants for more Samsung Group [SAGR.

IMF head: Trump good for US economy for now as trouble looms

Las Vegas Sun
The head of the International Monetary Fund said Sunday that U.S. President Donald Trump taking office is likely good for the American economy in the short term, though rising interest rates and a strengthening dollar will challenge global trade

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Toshiba’s Chaotic Earnings Raises Doubts Over Grip on Business

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Toshiba’s Chaotic Earnings Raises Doubts Over Grip on Business

Bloomberg
Toshiba Corp. had promised Tuesday would be the day it explained the depth of trouble in its nuclear business. Instead, the company provided hours of chaos that shook investor confidence and raised new questions about the company’s future.
CNBC
Aetna and rival Humana are terminating their merger, after their $34 billion deal was blocked by a federal court on antitrust grounds.

Credit Suisse Needs More Trump Bumps

Bloomberg
Once at risk of becoming the next dead man walking of European banking, Credit Suisse Group AG CEO Tidjane Thiam has won himself some time.

Janet L. Yellen will go to Congress today. This is what she’ll face.

Washington Post
Federal Reserve Chair Janet L. Yellen will head to Capitol Hill today to deliver the Fed’s semiannual monetary policy report to Congress.

Mexico ready to retaliate by hurting American corn farmers

CNNMoney
Mexico is one of the top buyers of American corn in the world today. And Mexican senator Armando Rios Piter, who leads a congressional committee on foreign relations, says he will introduce a bill this week where Mexico will buy corn from Brazil and …

The woman behind the boycott that is pressuring retailers to dump the Trumps

Washington Post
Back in October, Shannon Coulter was doing some late-night browsing on the Nordstrom website. Before long, the small-business owner had a nagging feeling about the department store’s line-up of Ivanka Trump apparel and shoes – a brand she couldn’t …

Really Cook-ing: Apple Stock Hits Record High

The Fiscal Times
Shares of Apple’s stock closed at an all-time high Monday, riding a post-earnings rally and a more favorable outlook on Wall Street.

Rolls-Royce Mulls Future of Weaker Operations as Profit Down 49%

Bloomberg
Rolls-Royce Holdings Plc Chief Executive Officer Warren East said the struggling aircraft-engine manufacturer will deepen costs cuts and restructure or sell the weakest parts of its business after profit dropped by almost half in 2016.

Bill Gates explains his optimism: ‘things are tending to improve’

USA TODAY
SUNNYVALE, Calif. – Speaking with Bill Gates is like reading multiple Wikipedia entries. Ask a question, and you typically get a slight pause before he delivers a thoughtful paragraph or three of an answer that, in the age of Twitter haikus, is

Huge salaries led staffers to quit Alphabet’s car project, report says

CNBC
The car project at Google-parent Alphabet paid some workers so much that they built a nest egg and ditched the company, according to a Bloomberg report.

US STOCKS-S&P 500 tops $20 trillion as Wall St trades on Trump

Business Insider
Feb 13 (Reuters) – U.S. equity indexes hit record highs on Monday, with the benchmark S&P 500’s market value topping $20 trillion as investors bet tax cuts promised by President Donald Trump would boost the economy.

Dubai To Put Autonomous Taxi Drones In The Skies ‘This Summer’

Forbes
When the ruling family decrees that a quarter of all journeys in a city state will be autonomous by 2030, someone somewhere is obliged to make that start happening as soon as possible.

More retailers dropping Ivanka Trump products

wwlp.com
(CNN) – More trouble for the Trump brand. Sears and Kmart are just the latest major U.S. retailers to announce they are dropping some Trump brand products.

Isles of Love: The 8 Most Romantic Islands Available by Cruise

TravelPulse
The Pitons, St. Lucia’s twin peaks, jut above the surface of the sea creating one of the most beautiful islands on the Caribbean.

Peugeot Owner PSA Explores Acquisition of GM’s European Division

Bloomberg
PSA Group, the maker of Peugeot and Citroen cars, is exploring an acquisition of General Motors Co.’s European business in a deal that would transform the region’s automotive landscape.

UK Inflation Rate Rises Less Than Expected, Stays Below 2%

Bloomberg
U.K. inflation picked up less than economists forecast in January as clothing-store discounts kept the rate from reaching the Bank of England’s target.

OPEC January Production Data

Seeking Alpha
The new January OPEC Monthly Oil Market Report is out with crude only production numbers for January 2017. All charts are in thousand barrels per day.

Construction on the Dakota Access Pipeline Continues, for Now

The Atlantic
Like The Atlantic? Subscribe to The Atlantic Daily, our free weekday email newsletter. WASHINGTON, D.C.—A district court judge denied a request to halt the drilling of the Dakota Access pipeline on Monday.

Get ready for higher Disney ticket prices

Fox News
Over the weekend, it got a little bit prcier to visit the happiest place(s) on Earth. Starting Sunday, Disney announced a new pricing structure as several of its U.S.

Why it’s a good idea to file your taxes early

WLBZ2.com
Preparing a tax return is not most people’s idea of a good time. As a result, we tend to procrastinate and wait until the last minute to file our returns.

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World stocks head towards record high on Yellen, US outlook

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Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, January 31, 2017. REUTERS/Staff/Remote

World stocks head towards record high on Yellen, US outlook

Reuters
Traders work at their desks in front of the German share price index, DAX board, at the stock exchange in Frankfurt, Germany, January 31, 2017.

Wegmans faces boycott over Trump wines

USA TODAY
ROCHESTER, N.Y. — Wegmans Food Markets is the latest retailer to face political pressure for carrying products connected to President Donald Trump.

Insurer Anthem Fires Back at Cigna

U.S. News & World Report
Anthem is countering Cigna a day after its smaller rival sued to terminate a $48 billion buyout agreement. Feb. 15, 2017, at 7:58 a.m.. MORE. LinkedIn · StumbleUpon · Google +; Cancel. Insurer Anthem Fires Back at Cigna. MORE. LinkedIn · StumbleUpon …

11 Dow Stocks Owned by Warren Buffett

Nasdaq
There are 30 stocks in the Dow Jones Industrial Average, and Warren Buffett’s Berkshire Hathaway (symbol BRK.B ) has stakes in 11 of them.

India Launches 104 Satellites From a Single Rocket, Ramping Up Space Race

New York Times
The Indian Space Research Organization launched a flock of 104 satellites into space over the course of 18 minutes on Wednesday. Credit Indian Space Research Organization, European Pressphoto Agency.

PepsiCo Profits From Healthy Foods as Americans Ditch Soda

Bloomberg
PepsiCo Inc., the maker of Mountain Dew and Cheetos, is getting a boost from its resolution to shape up. The food giant now generates 45 percent of its revenue from so-called guilt-free products, which include lower-calorie drinks and snacks with

GM CEO Barra meets with Opel over job cut concerns

The Detroit News
General Motors Co. Chief Executive Officer Mary Barra flew to Germany to alleviate concerns her proposal to sell Opel to PSA Group could lead to job cuts as possible headwinds against the deal began forming in Europe.

Dubai Plans a Taxi That Skips the Driver, and the Roads

New York Times
As soon as July, passengers in Dubai can choose a drone taxi for their commute. FEB. 14, 2017. Roads and Transport Authority of Dubai.

Why Is SoftBank Buying Fortress? Son Gets Brain Trust for Deals

Bloomberg
That was the question investors grappled with after Japan’s SoftBank Group Corp. agreed to acquire New York’s Fortress Investment Group LLC for $3.3 billion in cash.

American Airlines pilots union blasts CEO after skipping Trump meeting

Fox News
American Airlines pilots denounced the airliner’s CEO Doug Parker on Tuesday over his decision to skip a meeting with President Donald Trump at the White House last week.

UK wage growth slows in late 2016, employment picks up

Reuters
FILE PHOTO – People look at job listings at the Careers and Jobs Live careers fair at the ExCeL centre in London April 19, 2009. REUTERS/Luke MacGregor/File Photo.

Adios America, hola world? Mexico pivots away from US

CNNMoney
As the owner of a textile factory in Mexico, Bojalil is naturally worried about President Trump’s rhetoric on imposing tariffs on Mexican goods or ripping up the free trade deal NAFTA.

Westinghouse uncertainty has officials ‘holding their breath’

E&E News
Rising costs at U.S. nuclear projects such as the Plant Vogtle expansion (pictured in January) are hobbling Toshiba Corp., whose chairman resigned yesterday.

Ivanka Trump Clothing Sales Update: Burlington Coat Factory Pulls Down Ivanka’s Fashion Line From Website

International Business Times
Ivanka Trump clothing sale Ivanka Trump-branded blouses and trousers are seen for sale at off-price retailer Winners in Toronto, Feb. 3, 2017.

Retailers go to Washington; Stocks set records; SoftBank spends

CNNMoney
1. Retailers go to Washington: The chief executives of major retailers including Target (TGT), JCPenney (JCP), Best Buy (BBY) and Gap (GPS) will travel to Capitol Hill on Wednesday.

Humana Plans to Pull Out of Obamacare’s Insurance Exchanges

New York Times
Looking skyward at the front entrance to Humana’s headquarters in Louisville, Ky. Credit Geoff Oliver Bugbee for The New York Tiems.

Trian takes $3.5 billion stake in Procter & Gamble

Reuters
FILE PHOTO – The logo of Dow Jones Industrial Average stock market index listed company Procter & Gamble (PG) is seen on a tube of toothpaste in Los Angeles, California, United States, April 25, 2016.

10 States With the Highest Mortgage Rates

Nasdaq
If you’re looking to buy a home in the near future, you picked a good time for it, with interest rates still near historic lows.

Report: More than 55000 US bridges structurally deficient

Yahoo News
FILE – This Sept. 11, 2013, file photo shows the bridge on Western Avenue over the Cal-Sag Channel framed by the rusted supports of the closed Chatham St. bridge in Blue Island, Ill.

Social Security: 3 Terrible Reasons to File for Benefits at 67

Fox Business
Countless seniors rely on Social Security to pay their living costs in retirement. But while the payments you’re entitled to are based on how much you earned during your working years, the age at which you first claim those benefits could impact how

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Snapchat parent Snap sees IPO priced between $14 and $16 per share

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Snapchat parent Snap sees IPO priced between $14 and $16 per share

CNBC
Snap Inc, the owner of ephemeral messaging app Snapchat, sees its upcoming initial public offering (IPO) priced at between $14 and $16 per share, according to a regulatory filing released Thursday.

Boeing Machinists in South Carolina reject unionization

CBS News
NORTH CHARLESTON, S.C. — Production workers at Boeing’s South Carolina plant have rejected an effort to unionize, maintaining Southern reluctance toward unionization and setting up a picture-perfect stop for President Trump, who visits the facilities

Intelligence agencies clash with Trump over Russia allegations

World Socialist Web Site
Only one month into his administration, and two days after the ouster of his National Security Advisor, Michael Flynn, President Donald Trump faces the growing prospect of congressional investigations into alleged ties to Moscow.

Before Obamacare, cancer survivor struggled for insurance. She’s worried that’ll happen again

Miami Herald
The stack of papers spread across the kitchen table of Nancy Blitz’s home in Plantation chronicles her decades-long struggle to buy health insurance before the Affordable Care Act made it illegal for insurers to deny coverage to people with pre

A first look at how German grocer Lidl plans to conquer the US market

Washington Post
On a busy street in Fredericksburg, Va., a tall, black security fence guards a sprawling – and, for now, largely empty – brick-and-glass building.

8 IRA-Related Mistakes Young Professionals Need To Avoid

Forbes
Opening and contributing to an IRA requires a lot of nuanced decision-making. And it isn’t just about making choices, it’s about understanding why one option works better for your financial plan.

Yahoo Breach Could Mean $250M Discount For Verizon

PYMNTS.com
Verizon Communications is close to renegotiating its $4.8 billion acquisition of Yahoo in which Verizon could end up paying less for the internet giant that has been marred by a series of data breaches that put the entire deal at risk.

Judge rules for Anthem to keep Cigna at table

Thehour.com
A federal judge ruled in favor of Anthem, after acquisition target Cigna sued in an attempt to end a merger agreement and receive billions in damages, after an earlier ruling barring the combination on market competition grounds.

Warren Buffett Says Money Managers Charge Too Much

Bloomberg
Frank Byrd was a 25-year-old stockbroker at Merrill Lynch in Memphis when he first read Warren Buffett’s annual letter to Berkshire Hathaway shareholders.

Goldman, JPMorgan boost rate hike expectations on hotter inflation

CNBC
Consumer spending and inflation data shifted into a higher gear in January, signaling the potential for an earlier-than-expected Fed interest rate hike, if the trend continues.

Twitter CEO Jack Dorsey says what’s happening right now reminds him of the Arab Spring

Business Insider
But at the same time, it’s more relevant and important than it has ever been. Amid constant political turmoil in the United States, it has become an essential source of news – reinforced by President Donald Trump’s frequent and bombastic use of the

Wegmans is the latest company to face Trump-related boycotts

Roanoke Times
A number of big-name brands, from Uber to Under Armour, Nordstrom to Neiman Marcus, have been the subject of politically charged boycotts in recent weeks.

Canada Goose plans to raise up to $100 million in stock sale

The Boston Globe
IPOs. Canada Goose plans to raise up to $100m in stock sale. Canada Goose Holdings Inc., a Toronto maker of luxury coats and outerwear that is majority owned by Bain Capital has filed for an initial public stock offering.

Nestle Had a Rough 2016

U.S. News & World Report
Swiss food and drinks giant Nestle says net profit fell 6 percent last year, with declines at its Chinese food unit dragging on growth, and core growth overall at the low end of its expectations.

Yahoo issues another warning in fallout from hacking attacks

CNBC
Marissa Mayer listens to a reporters question during a press conference at the Yahoo! Mobile Developer Conference in San Francisco, California, U.S.. Yahoo is warning users of potentially malicious activity on their accounts between 2015 and 2016, the …

India launches 104 satellites from a single rocket, ramping up space race

The Boston Globe
Arun Sankar/AFP/Getty Images. People gathered Wednesday in Sriharikota, India, near the launch site. NEW DELHI – India’s space agency launched a flock of 104 satellites into space over the course of 18 minutes Wednesday, nearly tripling the previous …

33-Year-Old Hedge Fund Star James Levin Awarded $250 million Pay Package Amid Och-Ziff Stock Debacle

Forbes
Billionaire Dan Och’s hedge fund firm has promoted 33-year-old James Levin and handed him a $250 million pay package, according to a Wednesday filing with the Securities & Exchange Commission.
Business Insider
TOKYO (Reuters) – Japan’s SoftBank Group Corp on Wednesday said it has agreed to buy Fortress Investment Group LLC for about $3.3 billion, looking to add investment expertise as it prepares to launch the world’s largest private equity fund.

Ivanka Trump products are still sold at these stores

NEW YORK — With Burlington Coat Factory becoming the latest retailer to no longer offer Ivanka Trump products on its website, the president’s daughter is fighting to keep its retail base together in the face of a boycott movement.

Nearly 56000 bridges nationwide called structurally deficient

Yahoo News
RICHMOND, Va. (WRIC) – Nearly 56,000 bridges nationwide, which vehicles cross 185 million times a day, are structurally deficient, a bridge construction group announced Wednesday.

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Samsung family succession hits snag with chief’s arrest

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By Google News

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Samsung family succession hits snag with chief’s arrest

USA TODAY
SEOUL, South Korea – South Korea was taken by surprise Friday with the arrest of the scion of the country’s richest family and de-facto leader at Samsung over his alleged involvement in a massive corruption scandal that engulfed the president and

Kraft Heinz Makes Approach to Unilever on Possible Merger

Bloomberg
Kraft Heinz Co. said it made an approach to Unilever about combining the consumer-goods companies, a deal that would bring together brands including Dove soap and Heinz ketchup.

You’re about to see a big change to the sell-by dates on food

Washington Post
The majority of Americans have no clear idea what “sell by” labels are trying to tell them. But after 40 years of letting us guess, the grocery industry has made moves to clear up the confusion.

Businesses Close, Protesters March, on Day Without Immigrants

Voice of America
Hundreds of protesters marched in the hand-clenching cold Thursday in Washington to mark the Day Without Immigrants, a national movement that prompted some businesses to close their doors in solidarity with immigrant workers.

How Close to Trump Is Too Close for Boeing?

Bloomberg
Few companies have been as successful as Boeing Co. in building a cozy relationship with President Donald Trump. The question is how close is too close.

Airline Brings Back Free Meals For Economy Class On Long Flights

CBS Local
ATLANTA (CBSMiami/AP) – After dropping them years ago as a cost-cutting measure, Delta Airlines is bringing back free meals for economy class on some long domestic flights.

US household debt near record levels, Federal Reserve report says

UPI.com
The report says the 2008 record level of $12.68 trillion in household debt will likely be beaten in 2017. By Ed Adamczyk Contact the Author | Feb. 17, 2017 at 7:02 AM.

Why Is Warren Buffett Taking A Flyer On The Airlines He’s Long Ridiculed?

Forbes
Now I get it! After two decades of his bashing of airlines – correctly – as lousy investments and great vehicles for losing lots of money quickly, I think I’ve figured out why Warren Buffett has invested more that $9 billion of Berkshire Hathaway’s

World stocks lose momentum after record-breaking week

Reuters
A pedestrian stands to look at an electronic board showing the stock market indices of various countries outside a brokerage in Tokyo, Japan, February 26, 2016.

Snap lowers valuation expectations in highly awaited IPO

Reuters
Snap Inc (SNAP.N), owner of the popular messaging app Snapchat, set a lower-than-expected valuation range on Thursday, amid mounting investor concern over its unproven business model, slowing growth and tight founder control.

Individual Insurance Primer: Long-Troubled Market At Center Of Drive For Repeal

California Healthline
MIAMI, FL – DECEMBER 15: Jose Ramirez (L) and Mariana Silva speak Jose Ramirez and Mariana Silva speak with Yosmay Valdivia, an agent from Sunshine Life and Health Advisors, as they discuss plans available from the Affordable Care Act in …

Grocer faces boycott over Trump wines

USA TODAY
ROCHESTER, N.Y. — Wegmans Food Markets is the latest retailer to face political pressure for carrying products connected to President Donald Trump.

Brexit Britain: UK shoppers feel the sting of rising prices

CNNMoney
Retail sales in the U.K. unexpectedly dropped for a third consecutive month in January, according to the Office for National Statistics.

Scheme Tied to UnitedHealth Overbilled Medicare for Years, Suit Says

New York Times
UnitedHealth Group, one of the nation’s largest health insurers, is accused in a scheme that allowed its subsidiaries and other insurers to improperly overcharge Medicare by “hundreds of millions – and likely billions – of dollars,” according to a

Pa. ranks second in US in number of bad bridges

Pittsburgh Post-Gazette
Ed Rendell remembers his quest to become two-term governor of Pennsylvania as something of a tale of two cities. For decades, people running for statewide office in Pennsylvania had two sets of speeches.

How Fancy Cheese May Save Some Small-Scale Dairies

NPR
On a clear, cold winter evening, the sun begins to set at Lost Lake Farm near Jewell, Iowa, and Kevin Dietzel calls his 15 dairy cows to come home.

Burlington Coat Factory is latest retailer to drop Ivanka Trump brand online

KTRK-TV
As of Friday, Burlington did not have any of the first daughter’s clothing or accessories available on its website. In the last few weeks, retailers like Nordstrom, Neiman Marcus, Gilt, Sears and Kmart have dropped Trump’s items from their online stores.

Will Lidl’s Plans To Conquer The US Market Benefit Consumers As Much As Walmart Did?

Forbes
As Betteridge’s Law of Headlines states, the answer to that question is obviously no. Lidl’s 20 store foray into he American retail market isn’t going to benefit American consumers as much as the presence of Walmart does.

Trump returns to a comfortable place: The campaign trail

USA TODAY
NORTH CHARLESTON, S.C. – After a tumultuous four weeks in office, President Trump returns to a more comfortable place this weekend: the campaign trail.

$100000 found inside TV at recycling plant

KRMG
People have been known to pour a lot of cash into state-of-the-art television sets. But this was a case of cash hidden inside a TV set.

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The Latest: Buffett says $143B Unilever talks soured quickly

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The Latest: Buffett says $143B Unilever talks soured quickly

Washington Post
OMAHA, Neb. – The Latest on investor Warren Buffett’s comments on a variety of topics (all times local):. 6:40 a.m.. Warren Buffett says the proposed $143 billion offer to acquire Unilever, a deal with links to his company, fell apart quickly because

This Is Walmart’s New Plan to Squeeze Prices in the Face of Discount Chains

Fortune
Wal-Mart Stores is running a new price-comparison test in at least 1,200 U.S. stores and squeezing packaged goods suppliers in a bid to close a pricing gap with German-based discount grocery chain Aldi and other U.S.

Trump to Ask for Sharp Increases in Military Spending, Officials Say

New York Times
President Trump with the director of the Office of Management and Budget, Mick Mulvaney, left, and Treasury Secretary Steven Mnuchin, right, at the White House last week.

Orders for Durable Goods in US Rebounded 1.8% in January

Bloomberg
Orders for U.S. durable goods rebounded in January, a sign companies remained upbeat at the start of the year. Bookings for goods meant to last at least three years rose 1.8 percent after a 0.8 percent decrease in December, Commerce Department data …

Tesla Slumps in Premarket After Goldman Downgrades to Sell

Bloomberg
Tesla Inc. fell more than 3 percent in pre-market trading after Goldman Sachs Group Inc. turned negative on the stock and cast doubt on Chairman Elon Musk’s ability to deliver the company’s new vehicle on time.

Wall Street Breakfast: LSE-Deutsche Boerse Deal In Danger

Seeking Alpha
Seeking Alpha’s flagship daily business news summary, gives you a rapid overview of the day’s key financial news. It is published before 7:00 AM ET every market day and delivered to over 900,000 email subscribers.

Why Uber probably never will reform itself

Business Insider
If there is a single quality that defines Uber, it’s that it is somewhat sociopathic by design: An antipathy toward norms is built into the car-hailing company’s business model.

La Jolla’s low blood pressure treatment clears key study

Reuters
Janis Herrera, 25, gets her blood pressure measured on the first day of the new Pueblo del Rio Housing Projects Wellness Center, a free clinic that will serve 3,500 low income residents, in Los Angeles, California August 7, 2014.

Wendy’s Is Going to Install Self-Ordering Machines in 1000 Stores

Fortune
Fast-food giant Wendy’s plans to install self-ordering kiosks in around 1,000 of its franchises across the U.S. at the end of this year.

Asia Economies Hold Trade Pact Talks After Trump Dumps TPP

Bloomberg
Tokyo (AP) — Negotiators from 16 Asian countries are meeting in the Japanese port city of Kobe this week for talks on a regional trade pact seen as a rival to the Trans-Pacific Partnership rejected by U.S.

Fears and Cheers for Snapchat’s IPO

Bloomberg
Perhaps even more than in the typical debate over tech company IPOs, opinions are split on whether Snapchat’s shares are worth buying in its initial public offering and whether it will prove a fit and lasting public company.

Trump’s Trade Czar Expected to Get Easy US Senate Confirmation

U.S. News & World Report
Wilbur Ross, Trump’s pick for Commerce Secretary (C), U.S. President Donald Trump and Senior advisor and Trump’s son-in-law Jared Kushner (R) attend a meeting with congressional leaders to discuss trade deals at the at the Roosevelt room of the White …

SoftBank Is Homing in on a $3 Billion Investment in WeWork

Fortune
Japan’s SoftBank Group is close to making an investment in U.S. office-sharing startup WeWork (wework) expected to be worth over $3 billion, CNBC reported on Monday, as it expands its reach beyond tech and telecoms.

United Launches Seasonal San Francisco Flight From Bradley

CBS Local
WINDSOR LOCKS, Conn. (CBS Connecticut) – United Airlines is launching seasonal non-stop service between Bradley International Airport and San Francisco.

Nasa are developing ‘quiet’ supersonic passenger planes that could be ready to fly by 2020

BreakingNews.ie
Supersonic passenger aeroplanes look as though they’re just around the corner, as Nasa and Lockheed Martin have teamed up to begin the first high-speed wind tunnel tests for the Quiet Supersonic Technology (QueSST) X-plane.

Global Markets Cautious Ahead of Trump Speech

U.S. News & World Report
World stock markets were subdued Monday as investors looked ahead to U.S. President Donald Trump’s speech to Congress this week for details of promised tax cuts and infrastructure spending.

Anthem and Blue Crosses loom large in Obamacare talks

Business Insider
NEW YORK (Reuters) – Anthem Inc. and other U.S. health insurers complained to the White House for more than a year that they were losing money on people who waited to sign up for Obamacare coverage until they were sick.

Deutsche Bank cuts bonus pool almost 80% on legal costs

gulfnews.com
Deutsche Bank AG cut its 2016 bonus pool by almost 80 per cent, a figure unmatched in the bank’s recent history as it tries to recover from legal expenses that wiped out profit and eroded capital levels.

Stock Futures Retreat as Wall Street Awaits Details of Trump’s Tax Plan

TheStreet.com
Stock futures, including the Dow Jones Industrial Average, move away from recent records as Wall Street awaits tax and spending details from the White House.

Harley-Davidson: Uneasy Rider

Barron’s
The stock has been riding high in Washington and on Wall Street. But it could be headed for a nasty spill. Email; Print; 0 Comments; Order Reprints.

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Buffett Asks Big Money: Why Pay High Fees?

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Buffett Asks Big Money: Why Pay High Fees?

New York Times
Warren E. Buffett, the chairman of Berkshire Hathaway, in 2015. This year, his annual letter to Berkshire shareholders contained a harsh assessment of the hedge fund industry.

Target shares plunge on earnings shortfall and weak outlook on sales

CNBC
Target reported sales and earnings that missed Wall Street’s expectations on Tuesday, in what was a disappointing holiday quarter for the big-box retailer.

Amit Singhal, Uber Executive Linked to Old Harassment Claim, Resigns

New York Times
Amit Singhal in 2015, when he was overseeing Google’s search efforts. Google deemed a claim of sexual harassment against him “credible” in an internal investigation, according to two people familiar with the matter.

Fidelity Slashes Commissions in the Latest Salvo in the Fee Wars

Bloomberg
The new round of fee cuts includes a reduction in online trading commissions to $4.95 from $7.95 for individual investors. by. Suzanne Woolley.

FCC Chairman pledges to roll back net neutrality regulations during European address

TechCrunch
As Ajit Pai took the stage for a speech at Mobile World Congress in Barcelona this morning, CNBC anchor Karen Tso noted that the newly appointed FCC Chairman’s top priority has been the dismantling of net neutrality, a cause, she added, that would

Judge to hear arguments on Dakota Access oil pipeline work

Washington Post
BISMARCK, N.D. – A federal judge will hear arguments Tuesday about whether to stop the final bit of construction on the disputed Dakota Access pipeline, perhaps just days before it could start moving oil.

Bill Gates Has a High-Tech Trick for Staying Under the Radar in Public

Fortune
For a man worth an estimated $86.4 billion, 61-year-old Bill Gates has a pretty old-school method of staying under the radar when he’s in public: wearing a hat.

The technical reason why Tesla shares could soon rise 54%

CNBC
Tesla could see 54 percent of upside – about $134 from its Monday closing price – if one top technical analyst’s examination holds up.

When rivers caught fire and bald eagles were poisoned: why we need the Environmental Protection Agency

The Verge
Burning discarded automobile batteries in Texas in 1972. Photo by Marc St. Gil / US National Archives. Children play in front of a smelter pumping lead and arsenic residue in the air of Ruston, Washington; a woman holds a glass of black, undrinkable

Saudi Aramco to buy $7 billion stake in Petronas’ RAPID refinery project

Reuters
FILE PHOTO: A Saudi Aramco employee sits near the Saudi Aramco stand at the Middle East Petrotech 2016 in Manama, Bahrain, September 27, 2016.

Iran’s ‘Impressive Recovery’ Clouded by ‘Uncertainty,’ IMF Says

Bloomberg
The Iranian economy has had an “impressive recovery” following sanctions relief last year, though new uncertainty regarding the fate of the nuclear deal and relations with the U.S.

Valeant’s Declining Sales Show Turnaround Has Long Way to Go

Bloomberg
Valeant Pharmaceuticals International Inc. managed to beat analysts’ estimates for the first time in five quarters, yet a sharp decline in sales and a debt that remains at almost $30 billion show that stabilization still has a long way to go.

Gates, Buffett: Immigrants add ‘to the greatness of the country’

The Hill
Philanthropists Bill Gates and Warren Buffett touted the value immigrants bring to America in a joint interview in The Atlantic. “The quality of immigrants, the motivation of immigrants, this is what has contributed to the greatness of the country

Trump and Paul Ryan Head for a Clash Over the Budget, and Ideology

New York Times
The House speaker, Paul D. Ryan, has maintained that cuts must be made to entitlements like Social Security, Medicare and Medicaid to tame a budget deficit without tax increases.

How Walmart Is Improving Its Pharmacy Service

Fortune
Walmart (wmt) is looking to radically speed up service at one of the busiest parts of its stores: the pharmacy. The retailer on Tuesday rolled out a major upgrade to its mobile shopping app that allows its pharmacy customers to quickly and simply order

United ‘back on offense,’ unveils 22 new routes

USA TODAY
United Airlines announced a major expansion from this summer, the latest step in a turn-around effort by the USA’s No. 3 airline.

Business Giants to Announce Creation of a Computing System Based on Ethereum

New York Times
Microsoft is among the companies set to form the Enterprise Ethereum Alliance – an organization that will create a standard version of Ethereum software for businesses to use for tracking data and financial contracts.

DIARY-Top Economic Events to March 29

Reuters
LONDON – Chancellor of the Exchequer Philip Hammond and his Treasury ministers speak in the House of Commons – 1130 GMT. DUBLIN – Irish Central Bank Governor Philip Lane to speak to parliamentary committee on alternative measures of the health …

India retains fastest-growing major economy tag despite cash crackdown

Reuters
File Photo – An employee works inside an undergarment factory in Kolkata, India, February 1, 2017. REUTERS/Rupak De Chowdhuri/File Photo.

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Sterling Jewelers says claims of discrimination are “not substantiated”

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By Google News

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cleveland.com
Sterling Jewelers, the Akron-based parent of Kay Jewelers and Jared the Galleria of Jewelry, disputes the portrayal in Tuesday’s Washington Post of its company culture as one of widespread discrimination over pay and promotions.
On Tuesday evening, Uber CEO Travis Kalanick sent every one of his employees – some 11,000 people – yet another apology. It was in reaction to a six-minute dash cam video, obtained and published Tuesday afternoon by Bloomberg, showing Kalanick in …

The real story behind Snap CEO Evan Spiegel’s $1-a-year salary

CNBC
When Snap goes public this week, Chief Executive Evan Spiegel’s salary will drop to just $1. But between his 44 percent voting share in the company and last year’s total compensation of $2.4 million, Spiegel is sitting pretty among other recent tech CEOs.

Futures rise after Trump speech; banks up on rate talk

Reuters
Traders work on the floor of the New York Stock Exchange (NYSE) in New York, U.S., February 28, 2017. REUTERS/Brendan McDermid. By Yashaswini Swamynathan.

Best Buy shares slip 5 percent as revenue, outlook fall short

CNBC
Shoppers take advantage of Black Friday sales at a Best Buy store in Brooklyn, New York, November 25, 2016. Best Buy shares slipped more than 5 percent before the market opened on Wednesday, as the electronics retailer reported fiscal fourth-quarter …

Trump takes hatchet to EPA

The Hill
President Trump has launched the opening salvo in his assault on the Environmental Protection Agency (EPA). Trump is tearing into the EPA’s budget by a reported 24 percent, which if approved by Congress would slash the agency’s $8.1 billion budget to …

Mylan’s stock surges after profit and sales beat expectations

MarketWatch
Shares of Mylan N.V. MYL, -1.39% shot up 7.2% in premarket trade Wednesday, after the drug maker reported fourth-quarter profit and sales that beat expectations.

Fowl Play? Subway Denies Its Chicken Is Only 50 Percent Real

NBCNews.com
“Eat Fresh,” Subway’s slogan, may need to be revised to “Eat Fresh, Sort Of,” if a new test’s findings are accurate.

Hershey to reduce global workforce by 15%

MarketWatch
Hershey Co. plans to eliminate 15% of its global workforce as part of its new leadership’s effort to boost profitability over the next two years.

Target’s $7 billion spending plan still leaves some question marks

CNBC
Nearly a year and a half after Wal-Mart said investments into its stores and employees would dramatically cut into its profits, a similar announcement from Target on Tuesday garnered the same reaction on Wall Street.

This Is Why Lowe’s and Home Depot Are Blowing Everyone Away in Crumbling Retail Sector

TheStreet.com
The ongoing U.S. housing recovery continues to make the home improvement space one of the best in retail to be in. After all, a contractor can’t buy pallets of sheet-rock or lumber off Amazon (AMZN) and have it instantly delivered to a job site.

Hershey (HSY) to Lay Off 15% of Workforce to Fuel Growth

Zacks.com
The Hershey Company (HSY – Free Report) unveiled plans to revamp North America confectionery and snacks business and also return its international businesses to profitability at the earliest.

Scraping By on Six Figures? Tech Workers Feel Poor in Silicon Valley

Top Tech News
“I didn’t become a software engineer to be trying to make ends meet,” said a Twitter employee in his early 40s who earns a base salary of $160,000.

Trump administration would ignore WTO rulings it sees as anti-US: FT

CNBC
U.S. President Donald Trump’s administration is preparing to ignore any rulings by the World Trade Organization that it sees as an affront to U.S.

Minister: China to cut 500000 heavy industry jobs

USA TODAY
BEIJING – China will cut another 500,000 steel and coal jobs this year to reduce excess production capacity, the labor minister said Wednesday, amid complaints the industries are flooding global markets and depressing prices.

William Blair Downgrades Palo Alto Networks (PANW) to Market Perform

StreetInsider.com
Analyst Jonathan Ho has concerns over sales execution and expects a turnaround to “take some time to correct” as product growth is expected to remain subdued.

Uphill Battle Expected for AT&T-Time Warner Foes

Bloomberg BNA
Bloomberg BNA’s Antitrust & Trade Regulation Resource Center is your comprehensive antitrust and trade regulation law resource designed specifically for the… By Alexei Alexis and Liz Crampton. Opponents of AT&T Inc.’s plan to acquire Time Warner Inc.

Biotech Stock Roundup: Kite Soars on CAR-T Data, EXEL in Immuno-Oncology Deals

Nasdaq
Key updates in the biotech sector included earnings results from several companies like BioMarin BMRN and Sarepta, while Kite KITE saw its shares soaring on positive data on its lead pipeline candidate.

Central Sydney Now Fueling Quarter of Aussie Economic Growth

Bloomberg
Inner districts of Sydney drove almost a quarter of Australia’s expansion last fiscal year, underscoring the city’s pre-eminent position in the nation’s economy.

Consumer confidence hits 15-year high

MarketWatch
Consumer confidence has soared in the wake of the election of Donald Trump. In February it hit a 15-year high. U.S. consumers are the most confident in the U.S.

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7 Challenges Snapchat’s Parent Company Has to Overcome Before It Can Be Wall Street’s ‘New Facebook’

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By Google News

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7 Challenges Snapchat’s Parent Company Has to Overcome Before It Can Be Wall Street’s ‘New Facebook’

Adweek
Snap Inc., the parent company of Snapchat, today is expected to begin trading on the New York Stock Exchange, where it’s reportedly being valued at $24 billion, or $17 per share.

Data-Dependent Yellen Running Out of Reasons to Hold Rates Still

Bloomberg
By most real indicators, the U.S. economy is not too hot or cold, yet financial markets are betting that a core group of Federal Reserve officials who set interest rates are suddenly raring to go.

Cement firm Lafarge paid Syrian armed groups

BBC News
Cement maker LafargeHolcim says it has uncovered evidence that a Lafarge factory in Syria provided funding to local armed groups. It said those in charge of the Jalabiya plant had taken “unacceptable” measures in order to keep the plant open and

Yahoo’s head lawyer is taking the fall for its hacking, while CEO Marissa Mayer is getting her pay docked

Recode
The blame for the massive breach falls on Ron Bell and not where it belongs – at the top. by Kara Swisher@karaswisher Mar 1, 2017, 5:33pm EST.

Tesla’s SolarCity Laid Off Tons of Staff Last Year

Fortune
SolarCity, which was acquired by Tesla at the end of last year, slashed nearly 20% of its staff in 2016 as it sought to preserve cash amid slowing growth in the rooftop solar industry.

McDonald’s vows to win back patrons with better burgers

USA TODAY
McDonald’s executives unveiled plans Wednesday for better burgers, delivery services and more digital-friendly restaurants to return to growth after the loss of “hundreds of millions” of visits by customers who drifted away as the chain fell behind on

Report: Lyft is trying to raise $500 million in its fight against Uber

Business Insider
Lyft is reportedly trying to raise half a billion dollars to fund its growth against a cash-flush Uber, The Wall Street Journal reported.

Dow busts through 21000 threshold on feel-good Trump message

Washington Post
The Dow Jones industrial average stormed past 21,000 for the first time Wednesday as investors absorbed President Trump’s address to Congress, in which he pledged business-friendly proposals like tax cuts, deregulation and an increase in infrastructure …

Angry at PETA, traders in south Indian state pull US drinks

Philly.com
NEW DELHI (AP) – Traders angry at a US-based animal rights group have turned their ire on two iconic American brands, pulling Coke and Pepsi from shelves in the south Indian state of Tamil Nadu.

Uber scandal highlights what’s wrong with Silicon Valley

CIO
Sexual harassment, discrimination, favoritism, nepotism … and you wonder why women, people of color and members of the LGBTQ community don’t want to work in tech.

AmEx Offers Uber Rides After Chase Makes a Splash With Sapphire

Bloomberg
American Express Co. is escalating the rewards war for premium credit cards, offering Platinum customers $200 of free Uber rides while raising the annual fee.

Boil water alert takes downtown Detroit by surprise

Detroit Free Press
Tens of thousands of workers in downtown Detroit – likely including bankers slurping coffee in their offices and restaurant workers prepping salads and fruit for Wednesday’s lunch hour – unknowingly were using water most of the day Wednesday that the …

Trump’s green assault off to fast start

Politico
President Donald Trump is carrying out the most aggressive rollback of federal environmental rules since at least the Reagan administration.

What the Trump Taj Mahal sale means for Atlantic City

NJ.com
TRENTON — Gov. Chris Christie is heralding a plan for a group of investors to buy and re-open the shuttered Trump Taj Mahal casino in Atlantic City as “great news” not only for the financially ailing seaside gambling town but also for New Jersey as a

Wells Fargo Warns a Deeper Review May Uncover More Bogus Accounts

Bloomberg
Wells Fargo & Co., seeking to resolve a bogus-account scandal that shook the company last year, warned investors it may find more victims.

Two Percent Inflation Not Good Enough for Draghi to Shift Policy

Bloomberg
Mario Draghi is looking for a sign — any sign — that 2 percent inflation will be here to stay. The European Central Bank president has tried to silence a debate about accelerating inflation by pointing to weakness in underlying price pressures

Signet Refutes Sexual Harassment Claims

Rapaport
RAPAPORT… Signet Jewelers’ share price fell more than 10 percent this week following a media report on alleged claims of sexual harassment and discrimination at its Sterling Jewelers division.

4 Serious Reasons Why You Shouldn’t Lie on Your Taxes

Atlanta Journal Constitution
The average tax refund is more than $3,000. When you hear that number and do your taxes, only to find out that your refund is much less – or worse, that you owe money – it can be tempting to fudge the numbers and increase your refund.

SEPTA West Trenton Line service suspended because of fire in Lower Moreland

The Intelligencer
PHILADELPHIA (AP) – The Southeastern Pennsylvania Transportation Authority says service is suspended on the West Trenton Line. SEPTA says a downed PECO wire near Red Lion Road in Lower Moreland Township caused a fire Thursday.

Trump’s claim that Waters of the United States rule cost ‘hundreds of thousands’ of jobs

Washington Post
“EPA’s so-called Waters of the United States Rule is one of the worst examples of federal regulation and it has truly run amok and is one of the rules most strongly opposed by farmers, ranchers and agricultural workers all across our land.

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