The 14-year-old girl was upset, possibly suicidal and in need of psychiatric help, court documents say, but there was no way she was getting into an ambulance. St. Paul Police Officer Michael Soucheray and his partner, Chris Rhoades, were sent to defuse the situation at Brittany’s Place, a shelter for girls on the east side of the Minnesota city in December.
Day: January 25, 2017
Which Streaming Service Has the Most-Satisfied Customers?
Americans remain somewhat divided on their favorite streaming service, but they have a clear pick when it comes to which one they like the least. A new report from Strategy Analytics measured customer satisfaction in 14 categories across three key areas: the number and availability of TV shows/films, how easy it is to find them, and the overall value of the service.
Thailand ETF Trekking Higher
The iShares MSCI Thailand Capped ETF has been a stellar performer among emerging markets single-country exchange traded funds, surging more than 33% over the past year. THD is extending that ebullience to start 2017 with a January gain of 3.6% and some market observers believe Thai stocks can continue climbing.
Philip Morris International Gets Serious About Reduced Risk
But lately, a shift toward alternatives to cigarettes has taken hold among consumers, and Philip Morris has been surprisingly quick to embrace the idea that reduced-risk products could eventually supplant traditional cigarettes entirely. Philip Morris today reaffirmed its commitment to pursue reduced-risk product development to what it sees as its natural end: a smoke-free future.
Oil Little Changed as Traders Weigh U.S. Inventory Build, OPEC Cuts
Oil prices rebounded on Wednesday, reversing earlier losses even after data showed a build in U.S. crude inventories, reinforcing traders’ sentiment that oil is trapped in a range by expected OPEC production cuts and U.S. output growth. U.S. crude futures for March delivery were up 0.02 cent, or 0.04 percent, to $53.20 per barrel after earlier dropping to as low as $52.56 per barrel.
Catalysts for the Coal ETF
After several years of laggard performances, the VanEck Vectors Coal ETF was one of last year’s best-performing non-leveraged exchange traded funds.
American Express: Signs of Life Amidst the Costco Rubble
In January 2015, the stock traded as high as $94. Two years later and the stock price cannot sniff $80, much less its former highs.True, it is well off its lows from last year, but it might be quite a while before it regains its former heights.
Amazon.com, Inc. Earnings: Will Big Investments Weigh on Profitability?
On the heels of a nice 37% gain in the company’s stock price in the past twelve months, the pressure is on for Amazon.com to deliver strongly when the e-commerce and cloud-computing giant reports fourth-quarter results on Thursday, Feb. 2. Ahead of the quarterly update, here’s a brief overview of what to watch when Amazon posts its earnings release. For Amazon’s fourth quarter, management expects the company to post strong revenue growth.
Alternative Facts? Apple, Inc. Gets a Strange Downgrade
Analyst Mark Moskowitz expects the smartphone market to stagnate this year. Moreover, unlike many other analysts, he doesn’t see the upcoming 10th anniversary iPhone as a major growth catalyst.
2 Ways Costco Is Beating the Competition
While both of those chains have lost sales and closed stores, largely due to customers moving to the internet, the warehouse club continues to add locations. Costco is not a massive growth story, but it is reliable at a time when many retailers — not just Sears and Macy’s — have struggled to find a way to keep customers coming in.
These 5 Stocks Drive Vanguard High Dividend Yield’s Performance
Dividend stocks have been a lifesaver for investors who need income from their investment portfolios, especially in light of rock-bottom interest rates on bonds and other fixed-income assets. In particular, Vanguard High Dividend Yield ETF offers a low-cost way to get diversified exposure to more than 400 stocks, all of which have above-average dividend yields.
The really good idea that came out of the first White House press conference
Monday’s first official White House news conference got lots of attention for the way Press Secretary Sean Spicer handled the media. At first skipping major news outlets such as the Associated Press, which traditionally receives the first shot at a question, Spicer turned to the New York Post and the Christian Broadcasting Network before giving reporters in the front row their turn.
Philanthropist Ann Friedman picked to turn D.C.a s Franklin School into a Planet Word.a
D.C. Mayor Muriel E. Bowser and her economic development team have been looking for someone with a fresh vision and a robust balance sheet to restore the deteriorating but historic Franklin School building downtown. Bowser has selected a team led by Friedman, a former elementary school reading instructor who is married to New York Times columnist Thomas Friedman, to turn the historic former school overlooking Franklin Square into a $50 million museum dedicated to language and linguistics, dubbed Planet Word.
Plan would bring majestic California condors back to northern
Wesa, a two-week-old California condor chick hatched on February 24, 2013, at the San Diego Zoo Safari Park, is pictured with a puppet on March 11, 2013 in San Diego, California. Wesa, a two-week-old California condor chick hatched on February 24, 2013, at the San Diego Zoo Safari Park, is pictured with a puppet on March 11, 2013 in San Diego, California.
Chase, Mint reach deal for faster, more secure data-sharing
Bank customers who use Chase but also want to take advantage of financial tools like Mint or TurboTax will soon be able to send their data faster and more securely between the two companies. JPMorgan Chase agreed Wednesday to settle its longstanding dispute with Intuit, which owns Mint, in a blueprint that could allow other big banks to end their disputes with more financial data companies.
BlackRock’s $1 Trillion Move to JPMorgan Shows Cost-Cut Strategy
State Street Corp. on more than $1 trillion in client assets as the asset manager seeks to cut costs by putting pressure on vendors. The move of assets to JPMorgan Chase & Co.
Trump Is Squeezing Detroit at the Worst Possible Time
That’s a recipe for trouble facing companies wary of undoing the painful but necessary steps they took to shut dozens of factories across the country, before and during a more than $70 billion government bailout. New assembly plants cost General Motors Co., Ford Motor Co.
RT Channel’s Unique Carriage Deals Make It Difficult to Drop in U.S.
Russian President Vladimir Putin and Editor-in-chief of RT, the 24-hour English-language TV news channel, Margarita Simonyan, attend an exhibition marking RT’s 10th anniversary in Moscow in December 2015. The Kremlin-financed RT television channel, thrust into the spotlight by a recent U.S. intelligence report , has over the years secured carriage on U.S. cable and satellite services in a way that largely protects it from being dropped.
The Airbnb of big event spaces is finally in LA. Herea s what you need to know
But what if you could secure a venue through an online platform that allowed you to choose from a variety of spaces that were not only functional but unique? The New York-based business has already curated and listed thousands of spaces in New York City and San Francisco through its browse-and-book marketplace and the company just expanded its footprint into the Los Angeles market. Splacer’s roster of available spaces is diverse, ranging from breweries, art galleries and boxing gyms to lofts, former churches, shuttered factories and upscale homes and apartments.
Earnings Outlook: Comcast earnings: What to expect as merger rumors circle amid regulatory mess
That would be a more than 7% increased compared with the same quarter a year ago, but a more than 5% drop off compared with Comcast’s most recent third quarter. Comcast has beat FactSet expectations on per-share earnings in six of the last 10 quarters.
Boeing Beats Earnings Estimates, Sees Stronger 2017 Plane Deliveries
Helped by the Dreamliner, Boeing posted much better-than-expected fourth-quarter earnings on Wednesday and said it expects to see solid plane deliveries in the coming year. Boeing said earnings for the three months ended in December came in at $2.47 a share, well ahead of the $2.35 a share expected by analysts and more than 50% higher than in the same period last year.
GM’s Chevy Bolt Hopes to Break Through to More Than Just a Niche Audience
With 238 miles of range and price incentivized by federal tax credit, GM;s Chevy Bolt is the best electric vehicle of its class so far. Irony of ironies: Just as General Motors begins selling arguably the best battery-powered car ever, the new U.S. president’s administration prepares to relax environmental regulation and possibly withdraw the U.S. from the global climate coalition.
Chart: Visa Could Break Out to New All-Time High
Visa shares have underperformed those of rival credit-card processor MasterCard by 11% over the last six months. But technical indications now suggest that Visa may be poised to make up lost ground against its competitor.
Intense Buying Lifts Intel — Here’s How to Trade It Now
Intel ended a six-week narrow consolidation on Tuesday with a powerful upside breakout. The semiconductor giant finished the session above the December peak, with the help of a big jump in trade.
Trade Microsoft’s Volatile Action Near All-Time High
Microsoft had a tough first half of 2016, but regained momentum following Brexit, then stabilized after a negative reaction to the Trump election win. Microsoft had a tough first half of 2016, giving up first-quarter gains even as stocks bottomed on Feb. 8. A negative reaction to earnings released on April 21 was the culprit.
Despite Soft Guidance, J&J Remains a Good Long-Term Buy
The blue-chip multinational has a good mix of prescription and over-the-counter products, which makes it well-suited to weather volatility. Shares of Johnson & Johnson sank 1.72% on Tuesday following softer-than-expected guidance for 2017.
Positive Earnings Are Setting Up the Dow for Its Push to 20,000
A series of positive earnings on Wednesday morning set the Dow Jones Industrial Average up to close in on its 20,000 milestone. A series of positive earnings on Wednesday morning set the Dow Jones Industrial Average up to close in on its 20,000 milestone.
Here’s Why CSX Is the Railway to Watch in 2017
CP Rail CEO Hunter Harrison looks set to move to the Florida-based carrier, and based on recent history, he is likely to improve efficiency. The ground shifted beneath the railroad sector last week, when Canadian Pacific Railway announced that CEO Hunter Harrison would step down from the top job, effective Jan. 31. But the 72-year-old railroader, who was chief executive at CP’s main rival, Canadian National Railway , before taking over at CP in June 2012, doesn’t look like he’ll be retiring just yet.
Here’s How to Play the Biotech Rebound
Hillary Clinton and Donald Trump shared at least one thing in common. They both publicly railed against high prices for prescription drugs.
This Market Has the Economic Justification to Rally
At this time last year, investors were looking into the abyss while stocks tumbled, oil crashed and bonds rallied, as the flight to safety trade was in full effect. This year, we have literally the opposite of all those situations.
How to Trade Transparency International’s Corruption Index
As populists seem to sweep to power everywhere, one very important issue for the global economy seems to be ignored: that of corruption. A lot of talk in the election campaigns has been devoted to immigration and job stealing, and not enough to corruption and conflicts of interest.
‘Tango & Cash’ Maker Andrei Konchalovsky: “Hollywood Offers a Russian Director Nothing”
He says he has “no desire” to go back and his Holocaust drama ‘Paradise,’ which made the shortlist for the foreign-language Oscar, but failed to get nominated, could not have been made the same way in Tinseltown. Andrei Konchalovsky, the director of Warner Bros.’
‘The Netherlands Welcomes Trump in His Own Words’ Video Goes Viral
A Dutch TV show in a parody introduces the country, including a pony park, a crooner and a wall “to protect us from all the water from Mexico,” and asks Trump to not just put America first, but the Netherlands second. Dutch comedy show Zondag met Lubach , or Sunday with Lubach , hosted by Arjen Lubach, made a satirical video entitled “The Netherlands Welcomes Trump in His Own Words,” which has this week gone viral.
Building society brand cut in overhaul
Customers of N&P will be contacted to outline their options when accounts close over the course of the year. The announcement comes a year after YBS embarked on a separate rebranding and branch closure programme, in which N&P was unaffected.
UK police make second arrest over Brexit plaintiff threats
London police have arrested a second person for allegedly making threats to Gina Miller, the lead plaintiff in the Supreme Court challenge related to Britain’s planned departure from the European Union. The 51-year-old Miller, an entrepreneur, became the face of the lawsuit which demanded that Prime Minister Theresa May’s government get parliamentary approval before triggering Brexit.
A former Yahoo president is trying to fix past mistakes with a…
When former Yahoo president Sue Decker looks back at what she, and subsequent Yahoo leaders, turned the company into, it leaves her frustrated. Her main regret is that they were never able to turn what she thinks is Yahoo’s main asset, its media content, into something that people could consume easily on their smartphones and share with others.
Textron is buying vehicle maker Arctic Cat in $247M deal
Textron said Wednesday that it will pay $18.50 per Arctic Cat share, a 41 percent premium to its Tuesday closing price. The transaction also includes debt, though no exact figure was provided.
Alcon, Once Gem Worth Over $50 Billion, Weighs on Novartis
Alcon, the eye-care business that Novartis AG acquired for more than $50 billion, is now weighing on Europe’s second-largest drugmaker. After more than a year of efforts to turn around the business, the Swiss company on Wednesday said it was considering all options for the embattled division, including a spinoff or initial public offering.
Newron in Talks to License Schizophrenia Drug Tipped Blockbuster
Newron Pharmaceuticals SpA has held initial discussions with potential partners about licensing an experimental drug to treat schizophrenia, a mental health condition with no cure. “We see a good chance of a licensing deal in the second half of the year,” Chief Executive Officer Stefan Weber said in a telephone interview late on Tuesday.
Blackstone, Carlyle Said to Plan Luxembourg Bases Post Brexit
U.S. private equity funds Blackstone Group LP and Carlyle Group LP are pushing ahead with plans to establish so-called passporting rights in Luxembourg to retain the ability to do business in the European Union after the U.K.’s exit, according to people familiar with the matter. The move is seen as administrative, less about moving people and offices and more to preserve access to European investors after Brexit, the people said, asking not to be identified because the plans are private.