RPT-After Trump rally, equity investors move into healthcare, retailers

High U.S. share prices are pushing Lipper Award-winning equity fund managers into the shares of beaten-down healthcare companies, retailers and emerging-market stocks that they say offer a greater chance for outsized gains. Fund managers from Poplar Forest, Parnassus Investments and Brandes Investment Partners are among the 2017 Lipper Award winners who are concerned about the high valuation of the benchmark S&P 500 index.

Supreme Court sympathetic to Microsoft in Xbox owners’ suit

The Supreme Court suggested Tuesday that it is sympathetic to Microsoft Corp. in a dispute with disgruntled owners of the Xbox 360 video-game system who sued saying the console has a design defect that scratches game discs. The justices heard arguments Tuesday in a case that involves the Xbox 360 owners' attempts to get class action status for their lawsuit, which was filed several years ago in the state of Washington, where Microsoft is headquartered.

US Bans Passengers Of Middle Eastern Airlines From Bringing Electronics On Planes

The ban , which includes laptops, tablets, and video games, but does not include smartphones or medical devices, is effective for Royal Jordanian flights servicing New York, Chicago, Detroit, and Montreal. One official told NBC News that the message the airline sent was not an entirely accurate description of the forthcoming policy, to be announced Tuesday.

Samsung intros Bixby AI, ready to take on Siri and Google Assistant

The artificial intelligence system can analyse user's activities and identify their interest in products such as wine, sharing related information such as manufacturers and prices. According to them, the assistant will not be an option that requires you to learn new specific commands, because Bixby will adapt and evolve to your needs while you're using it.

NYPD top cop travels to D.C. for fight against Trump funding cuts

NYPD Commissioner James O'Neill isn't happy that President Trump wants to cut money to protect his city from terrorism - and he headed to Trump's new town to make that clear. O'Neill traveled to Washington, D.C. on Monday to meet with key stakeholders and set a battle plan with Senate Minority Leader Chuck Schumer to fight $110 million in cuts to vital security programs .

US military faces burgeoning nude picture-sharing scandal

The Pentagon faced a burgeoning scandal Friday as more pictures of naked female service members apparently shared without their consent by male colleagues have turned up on secret social media sites. General Robert Neller, the commandant of the Marine Corps, appeared embarrassed and uncertain how to deal with the problem, which first surfaced among members of his elite force.

With Brands On Board Or Not, Right-Wing News Is Full Steam Ahead

In the months leading up to and following the US presidential election, publishers with right-wing and occasionally extremist views, such as Breitbart and InfoWars, have joined stalwarts like the Drudge Report and Newsmax on the Republican right. In spite of their growing audiences, monetization can be tough for these challengers.

News 13 mins ago 1:23 a.m.Report: Former VP Joe Biden’s son dating late son’s widow

Former Vice President Joe Biden's son is dating the widow of his other son, the late Beau Biden, according to a report. The New York Post reports that Hallie Biden and Hunter Biden began dating after Hunter separated from his wife.

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

Warren Buffett says the proposed $143 billion offer to acquire Unilever, a deal with links to his company, fell apart quickly because the European company wasn't interested. Buffett said Monday on CNBC that his Berkshire Hathaway and 3G Capital abandoned Kraft Heinz Foods' bid for Unilever because they were interested only in a mutually agreed upon tie-up, not a hostile takeover.

Daily Business Report-Feb. 24, 2017

Rep. Susan Davis defended the economic value of a "diverse community" at a pro-immigration rally Thursday outside two University Heights businesses started by an Iranian family. "Like many of you, I've been alarmed to hear President Trump's rhetoric on immigration," said the seven-term Congresswoman.

Verizon Revises Deal With Yahoo!, Sale to Go Forward

Yahoo! shares were climbing slightly premarket following a Wall Street Journal report that Verizon agreed to go forward with its acquisition of the Internet company, though Verizon will cut as much as $350 million off of its original $4.83 billion offer. The revised offer comes after Yahoo! warned of two data breaches last year that potentially affected more than 1 billion user accounts.

Niall Ferguson: The global network has become dangerously unstable

The president of the United States tweets that his own intelligence agencies are illegally leaking classified information to The New York Times about his campaign's communications with the Russian government, but he insists that it's all "fake news." Meanwhile, having interfered in the US presidential election via WikiLeaks and an online army of trolls and bots , the Russians send their spy ship Viktor Leonov to have a snoop at the US submarine base at New London, Conn.

Trump and jobs: A running fact check

Once again, President Trump has taken credit for the creation of thousands of jobs, and for helping keep jobs in the United States. "If I didn't get elected, believe me, they would have left, and these jobs and these things that I'm announcing would never have come here," he said at his press conference Thursday.

New era for consumer protection as Republicans take helm of watchdog agency

Consumer groups are bracing for a more pro-industry approach to safety, fearful that strides made in the name of product safety will be rolled back, as Republicans take the helm of the nation's key consumer safety agency. The Trump Administration last week elevated Ann Marie Buerkle, a Republican appointed to the commission in 2013, to the post of acting chairman.