As China’s biggest moviegoing week of the year got underway, Stephen Chow’s ‘Journey to the West: The Demons Strike Back’ earned a massive $83.4 million in two days. The Chinese New Year holiday brought the world’s no.
Day: January 29, 2017
Saudi Aramco Said to Weigh Up to $5 Billion of Renewable Deals
Saudi Aramco, the world’s largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter. Banks including HSBC Holdings Plc, JPMorgan Chase & Co.
OPEC Convinces Investors That Its Oil Output Cuts Are Real
Money managers are the most optimistic on West Texas Intermediate oil prices in at least a decade as the Organization of Petroleum Exporting Countries and other producers reduce crude output. Saudi Arabia has said more than 80 percent of the targeted reduction of 1.8 million barrels has been implemented.
Trump’s plan for safe zones in Syria risks dragging the US…
President Donald Trump said this week that he would “absolutely do safe zones in Syria” to stem the flow of refugees into other countries. Trump is expected to ask the Pentagon and State Department to draft a plan for establishing the safe zones, so it’s currently unclear what measures specifically Trump would authorize.
Papa John’s Ceo: America is on a path to becoming what Germany…
In his new book ” Papa: The Story of Papa John’s Pizza,” CEO John Schnatter slams greedy executives and says regulations are steering the country in a dangerous direction – away from the system of free enterprise he believes is crucial to the nation’s success. 1867 is the year that Schnatter’s great-grandfather immigrated to the US from Germany, as a young craftsman seeking work.
One of American, Delta, and United’s most feared rivals may be…
Since its founding in 2003, Etihad Airways has managed to storm its way to the forefront of the airline industry. This week, the airline’s parent company – Etihad Aviation Group – announced that long-time CEO James Hogan will step down from his post later this year.
Starbucks CEO pledges to hire 10,000 refugees globally
Starbucks has pledged to hire 10,000 refugees globally over the next five years, in response to US President Donald Trump’s recent immigration ban . In an open letter to staff, chief executive Howard Mr Schultz said the president’s order had caused “confusion, surprise and opposition”.
Trump, Key Arab Allies Agree to Boost Anti-Terror Efforts
U.S. President Donald Trump, facing growing criticism over his move to block immigration from seven predominantly Muslim countries, held talks with two prominent Arab leaders on Sunday to bolster ties and discuss anti-terrorism efforts in the Middle East. Trump spoke by phone with Saudi Arabia’s King Salman and Abu Dhabi Crown Prince Sheikh Mohamed bin Zayed.
OPEC Convinces Investors That Its Oil Production Cuts Are Real
Money managers are the most optimistic on West Texas Intermediate oil prices in at least a decade as the Organization of Petroleum Exporting Countries and other producers reduce crude output. Saudi Arabia has said more than 80 percent of the targeted reduction of 1.8 million barrels has been implemented.
Japan’s – Unresolved’ Disaster Sways Symbol of Nuclear Opposition
The man blocking the world’s largest nuclear plant says he grew opposed to atomic energy the same way some people fall in love. Previously an advocate for nuclear power in Japan, Ryuichi Yoneyama campaigned against the restart of the facility as part of his successful gubernatorial race last year in Niigata.
San Francisco, Ca – January 28: Demonstrators block traffic at the…
JANUARY 28: Demonstrators block traffic at the international arrival terminal as they protest against muslim immigration ban at San Francisco International Airport on January 28, 2017 in San Francisco, California. President Donald Trump signed an executive order Friday that suspends entry of all refugees for 120 days, indefinitely suspends the entries of all Syrian refugees, as well as barring entries from seven predominantly Muslim countries from entering for 90 days.
Starbucks to hire 10,000 refugees over next 5 years
Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump’s indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations. Howard Schultz, the coffee retailer’s chairman and CEO, said in a letter to employees Sunday that the hiring would apply to stores worldwide and the effort would start in the United States where the focus would be on hiring immigrants “who have served with U.S. troops as interpreters and support personnel.”
EU’s – Dead’ Bank-Tax Plan Lives on in German, French Elections
A European proposal for a tax on financial transactions is trapped in limbo: financial realities won’t let it come to life while political opportunism won’t allow it to die a quick death. The tax initiative is being kept alive largely for domestic political reasons as German Chancellor Angela Merkel bids for a fourth term and France prepares for presidential elections this year.
FX Guru John Taylor Is Back, Minus the $12 Million-a-Year Salary
For John R. Taylor , the world is defined by cycles. There are ups-building and running a currency hedge fund that became the world’s biggest, for instance.
Starbucks CEO Howard Schultz Stands Up to Trump, Wants to Hire 10,000 Refugees
Never one to refrain from speaking out on political issues, Starbucks CEO Howard Schultz took to his soap box on Sunday evening and fired back at the Trump administration following its controversial immigration ban. “I write to you today with deep concern, a heavy heart and a resolute promise,” Schultz said in a new blog post , adding, “We are living in an unprecedented time, one in which we are witness to the conscience of our country, and the promise of the American Dream, being called into question.”
How to schedule your day for maximum productivity when you run…
Time is a precious commodity, especially when you’re a small business owner and it feels like there are always a million things to do. “Most small business owners don’t build time into their workdays for things that are not just run, run, run for the business,” Laura Vanderkam, time-management expert and author of ” I Know How She Does It: How Successful Women Make the Most of Their Time ,” tells Business Insider.
How a ‘sex schedule’ could save your relationship
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2 Uber CEO challenged for Trump connection after immigrant ban
Uber CEO Travis Kalanick is facing criticism online for his relationship with President Donald Trump after the administration imposed a temporary ban on travel to the United States from seven majority Muslim countries. Kalanick said in a Facebook post that the 90-day ban could hurt “thousands” of Uber drivers and he will raise his concerns directly with the president during a Friday business advisory group meeting in Washington.
Savings protection limit raised
Savings of up to A 85,000 will be safe if a bank or building society collapses from now – following a A 10,000 rise in the protection level. The amount of compensation payable is set at a 100,000 across the European Union, so significant currency moves can alter the level for UK savers.
Social Security Spousal Benefits in 2017: What You Need to Know
Social Security retirement benefits aren’t just for retired workers. In many cases — almost 2.4 million, as of the latest data — spouses of retired workers get a larger benefit than they otherwise would.
U.S. Military Says One Servicemember Killed in Yemen Raid
An American serviceman was killed in a raid against al-Qaeda militants in Yemen, the U.S. military said, the first such loss since President Donald Trump took office. Three others were wounded in the attack on Saturday that killed about 14 al-Qaeda members and led to the capture of “information that will likely provide insight into the planning of future terror plots,” the U.S. Central Command said in a statement Sunday.
Here’s why Elon Musk is changing his tune on Trump
During the 2016 presidential election, Elon Musk was no fan of Donald Trump – the Tesla and SpaceX CEO didn’t think the celebrity businessman was the right guy for the job. But now that President Trump has the job, Musk has shifted his views.
Uber criticized for alleged a strike-breakinga during refugee protests in NYC
In a classic Silicon Valley twist to the refugee story, scores of Twitter users rallied behind the #DeleteUber hashtag to protest the company’s decision to continue operating while taxi drivers were staging a work slowdown during protests this weekend at JFK airport. Uber’s main competitor, Lyft, took a different approach, pledging to donate $1 million to the American Civil Liberties Union.
Fidelity vs. TD Ameritrade: Best IRA Companies
Individual retirement accounts can be a great way to save for the future, offering tax efficiency and more choice than employer-sponsored retirement accounts. By opening a self-directed IRA , you’ll be able to choose from thousands of mutual funds, ETFs, stocks and other investments for your portfolio.
3 Things to Watch in the Stock Market This Week
Stocks rose by a full percentage point last week, buoyed by a strong initial crop of earnings reports. With that gain, the Dow Jones Industrial Average Earnings seasons ramps up over the week ahead as hundreds of companies post results for the final quarter of 2016.
A Rundown of Big Bank Earnings in Q4
All four of the nation’s biggest banks have now reported fourth-quarter earnings, which allows investors to get a sense for how well the bank industry held up in the final three months of last year. There were clear winners and losers, with Bank of America To get a better sense for how three of these banks performed, listen in to the segment below of Industry Focus: Financials .
How Zillow Group’s Culture Helps It Compete for Your Investment Dollars
Fortune is out with its list of best technology companies to work for, and guess who has clocked in at No. 4 . .
How Skyworks Solutions Inc Is Growing Beyond Apple
A first quarter earnings beat and a stronger outlook for the ongoing quarter sent its stock soaring to new 52-week highs, as it rose over 13% in a single day. For the fiscal second quarter, Skyworks believes that its revenue will grow 8% year-over-year to $840 million, exceeding the consensus forecast of $818 million, while earnings of $1.40 per share should significantly outpace analyst estimates of $1.24 per share.
How Big Is the Opportunity for Marijuana Stocks in Florida?
Florida is undeniably behind the curve when it comes to passing pro-pot legislation, but the Sunshine State did make up some ground in November, when voters legalized medical marijuana in the state. How big could the medical marijuana market be in Florida for marijuana stocks? Read on to find out.
George Soros’ Best-Performing Stocks of 2017 So Far
Love him or hate him — casual interest or indifference will also do — there’s no denying hedge-fund billionaire George Soros’ considerable skill predicting and profiting from the movements of financial markets. In a career spanning over six decades, Soros has amassed an estimated $25 billion fortune entirely through trading and investing stocks, bonds, currencies, and the like.
Can Mattel Stock Bounce Back After Last Week’s 12% Drop?
MKM Partners also downgraded the stock following the report. Net sales slipped 8% — or 6% on a constant-currency basis — to $1.83 billion during the toy giant’s fourth quarter.
Baby Boomers Love These 5 Brands
It would seem common sense that a company that has a closer relationship with its customers would perform better. The Brand Intimacy report from market research firm MBLM confirms this.The report reveals that if consumers feel a strong emotional attachment to a brand — what it terms “brand intimacy” — that company enjoys better financial results than those that don’t.
17 Years Later, Microsoft Corp. Is Worth $500 Billion Again
On Friday, Reuters pointed out that the software giant’s market cap has risen above $500 billion for the first time since March 2000. I’m all for celebrating neat milestones, including this 17-year benchmark.
Saudi Aramco Said to Weigh Up to $5 Billion Renewable Deals
Saudi Aramco , the world’s largest oil company, is considering as much as $5 billion of investments in renewable energy firms as part of plans to diversify from crude production, according to people with knowledge of the matter. Credit Suisse Group AG have been invited to pitch for a role helping Aramco identify potential acquisition targets and advising on deals, the people said, asking not to be identified as the information is private.
Confusion Grips Airports as Courts Limit Trump Travel Curbs
Confusion reigned at airports around the world Sunday over exactly which citizens from the seven nations subject to President Donald Trump’s immigration ban are still permitted to fly to the U.S. Airlines at international hubs from Dubai to London Heathrow were grappling with the implications of three court rulings in the U.S. Saturday and Sunday that have temporarily blocked the enforcement of parts of Trump’s executive order. In the hours after the presidential edict, many airports imposed blanket bans on U.S. travel for citizens of Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen, with Amsterdam Schiphol turning away seven people with valid visas, and Cairo denying boarding to migrants accompanied by United Nations officials.
Tour this $174 million superyacht complete with its own…
Here’s a look inside the Solandge superyacht. It’s worth $174 million and comes with its own helipad and speedboat garage.
How to buy an affordable laptop in 7 easy steps
Buying a laptop on a budget is hard. There are endless options, hardly any of them are ever advertised, and they flood you with technical details that aren’t easy to understand.
Here’s how to unlock hundreds of secret ‘Super Mario Bros.’…
The original “Super Mario Bros.” is more than just the 32 or so levels you’ve played.
‘Apologies for nothing here’: White House officials dismiss…
President Donald Trump’s top administration officials defiantly defended an executive order temporarily barring individuals from seven Muslim-majority nations from entering the US on Sunday, largely doubling down amid widespread protests that broke out across the nation. During appearances on several Sunday morning talk shows, administration officials attempted to blunt criticism about the order, which injected uncertainty into the immigration system, stranding travelers from the seven nations and sparking protests at airports.
The Washington economy shows signs of weaning itself from federal dependence
It allowed the region to be one of the nation’s few economic bright spots after the financial crisis gutted the national economy in 2009, attracting job seekers to the District in droves and spurring a development boom here. But four years later, hiring ground to a halt as congressional gridlock forced a government shutdown and federal budgets were slashed as part of the sequestration process, even though the recovery was gaining momentum elsewhere.