In this Friday, March 10, 2017 file photo, a woman walks through a winter snow storm in Philadelphia. On Saturday, March 11, 2017, meteorologists at the National Weather Service forecasted a blizzard watch for coastal regions including New York City and Boston for Monday night, March 13, 2017, into Tuesday and a winter storm watch for a larger area that includes much of New Jersey, Pennsylvania, upstate New York and New England.
Day: March 11, 2017
Why Chipotle’s Southeast Asian chain couldn’t make it work
Interpretation of the news based on evidence, including data, as well as anticipating how events might unfold based on past events All 15 locations of ShopHouse , the Southeast Asian fast-casual restaurant owned by Chipotle, will close on March 17. The closings, first reported by Nation’s Restaurant News on Thursday, left fans distraught. But it was easy to see the move coming after Chipotle announced in October that it was halting investments in the brand.
Bharara Firing Marks Exit of Tough Enforcer on Wall Street, Insider Trading
Bharara, appointed to become U.S. Attorney of the Southern District of New York by former President Barack Obama in 2009, on Saturday said on Twitter he has been fired from his post. On Friday, the Trump administration asked remaining U.S. attorneys appointed by Obama to resign, which Bharara refused, resulting in his forced ouster.
AT&T’s Time Warner Deal May Get Green Light But Stock Flashes Yellow
Time Warner Inc. investors are becoming convinced the company’s sale to AT&T Inc. will get done, even though President Donald Trump at one point seemed intent on stopping it. But don’t get too excited.
PENCE: ‘The Obamacare nightmare is about to end!’
Vice President Mike Pence delivered a strong endorsement Saturday morning of the GOP’s replacement bill for the Affordable Care Act, which was introduced earlier in the week by House Republican leadership and supported by President Donald Trump. Pence, who spoke to constitutents in Kentucky, highlighted some of the pitfalls of Obamacare, including rising premiums and a lack of carrier options.
House panel wants any evidence Trump’s phones were tapped
President Donald Trump, back center, meets, Secretary of Veterans Affairs David Shulkin, second from left, with his wife Merle Bari, left clockwise, Trump, Secretary of Commerce Wilbur Ross and his wife Hilary Geary, right, Treasury Secretary Steven Mnuchin and his fiancee Scottish actress Louise Linton, together with other members of his cabinet and the White House staff, Saturday, March 11, 2017, at the Trump National Golf Club in Sterling, Va.
Millennials Are Taking a Family Risk by Not Creating a Will
Data show that younger Americans are going without a will and could be placing their households at risk as a result. On the check list of financial “things to do” for U.S. Millennials, creating a will in the event of their demise is low, ranked way down the charts between cleaning the gutters and scheduling a root canal.
U.S. Prosecutor Bharara Says he Has Been Fired
U.S. Attorney Preet Bharara said on Saturday that he had been fired, one day after the Justice Department asked him and 45 other federal prosecutors who had served under Democratic President Barack Obama to submit their resignations. “I did not resign.
Suspect Arrested After Scaling White House Fence
An intruder carrying a backpack was arrested after scaling a fence around the White House and entering the grounds, the U.S. Secret Service said on Saturday, in the latest breach of security at the president’s official residence. President Donald Trump was inside the White House when the male suspect climbed over the fence on the complex’s South Grounds at 11:38 p.m. on Friday, and uniformed officers arrested him, the Secret Service said in a statement.
AT&T staying mum on outage that disrupted 911 service
UPDATE: An AT&T spokeswoman says a nationwide outage has been resolved. A hardware issue had caused some calls not to connect Saturday morning.
How to reset your body clock for daylight-saving time and jet…
Ah, daylight-saving time, that point in the year when – because of what almost seems like a joke by Ben Franklin – we shift our clocks forward an hour. Not all states or countries observe the time change, but it is nice to suddenly be able to leave work before sunset.
A brutal chart shows how investors have been failed by hedge…
Deutsche Bank just came out with its annual survey on the state of the hedge fund industry. Among the findings: for the past three years, investors in hedge funds haven’t been getting close to the returns they expected.
What’s Happening in Europe Next Week
Get an email alert each time I write an article for Real Money. Click the “+Follow” next to my byline to this article. Sure like the action in COH this morning. The stock is up 1.5% and is beginning to pierce a very heavy r…
Intruder Arrested on White House Grounds
An intruder carrying a backpack entered the White House grounds late Friday and was arrested at an entrance near the part of the building where the president resides, the U.S. Secret Service and CNN said on Saturday. President Donald Trump, who was in the White House at the time, was not in any danger from the security breach, CNN reported, citing an unnamed source.
Engineers give US infrastructure a ‘D+’ – here’s a look at…
Infrastructure Report Card , which is published every four years, US infrastructure gets a D+ grade. It got the same grade in 2013.
A 29-year-old startup founder who built an ecommerce empire…
“This was back when jean skirts were a big thing,” Box said.” I figured out how to stress denim using old jeans, bleach, and razors.”
Secret Service: Person Arrested on White House Grounds
The U.S. Secret Service says a person is under arrest after climbing a fence and getting onto the south grounds of the White House. The agency says the individual – whom it did not identify – was arrested without further incident.
FBR & Co Reaffirms Underperform Rating for DISH Network Corp
Other analysts have also issued reports about the stock. BTIG Research reissued a buy rating and set a $90.00 target price on shares of DISH Network Corp in a research note on Tuesday, November 22nd.
Week Ahead: Wall Street Waits to Exhale
Investors anxiously await action on Obamacare repeal, tax reform and interest rates. Here’s what to look for in coming days.
Denim Is Back With a Vengeance — Here Are the Top Names That Could Cash In
Denim has been a mainstay of American life for nearly 150 years. Eventually, that workday fabric made its way into jeans, jackets and coveralls and became commonplace the world over.
Assange: CIA had lost control of its cyberweapon documents
CIA spokesman Ryan Tripani said the agency had “no comment on the authenticity of purported intelligence documents released by WikiLeaks or on the status of any investigation into the source of the documents”. If corroborated, the leak could represent a huge new embarrassment to USA intelligence, adding to Edward Snowden’s 2013 expose of the National Security Agency spying on Americans’ communications, and the arrest last year of an NSA official for removing massive amounts of top-secret material to his home over 20 years.
The timeline for Trump’s NAFTA renegotiation is getting more…
Debate over the effects and future of the NAFTA trade deal have been but one point of contention between Mexico and the US since President Donald Trump took office. There are number of potential sticking points and murky details about any NAFTA renegotiation, but it’s becoming more clear when it could actually go down.
2 Steps to Superior Returns
If you ask fund managers or a financial planner about the best way to produce good long-term investment results, they will talk about diversification, risk management, staying the course and a variety of other academic theories. There are endless theories about how to build a portfolio over time.
Q&A: Black SGA president discusses white support at Alabama
This photo taken Thursday, March 6, 2017, shows newly elected University of Alabama student body president Jared Hunter talking on the balcony of his Theta Chi fraternity house in Tuscaloosa, Ala. The 19-year-old Hunter is black but won a three-way race with the support of a secretive white-controlled campus organization called The Machine, which never before backed a black candidate running for president.
Leader of Spain’s largest union stepping down
Ignacio Fernandez Toxo told a meeting of the Comisiones Obreras union on Saturday that he won’t seek a third term as general secretary in elections set for June. “These times call for younger leaders,” Fernandez Toxo said.
Tesla’s Model 3 Is Only One of 6 New Disruptive Electric Cars Speeding Your Way Very Soon
Electric and self-driving cars are the future, and Tesla isn’t the sole name with its hat in the ring. On a worldwide scale, 773,600 electric vehicles were sold in 2016, 42% higher than 2015.
HSBC Said Close to Naming AIA’s Mark Tucker as Chairman
HSBC Holdings Plc has made insurance executive Mark Tucker the preferred candidate to be chairman, replacing Douglas Flint, according to two people familiar with the decision, as Europe’s largest bank takes the first step to overhaul its top management team. Tucker, 59, chief executive officer of AIA Group Ltd. and former head of Prudential Plc, is in discussions with the bank, according to the people who asked not to be identified because the succession process is private.
I had sex with Apostle Suleman severally, Stephanie Otobo insists
“He can’t eat, he wants me to pet him to eat, then I’ll beg him ‘Daddy please eat, ‘ and he goes ‘I love you so much”, she said. After her arrest last weekend Stephanie Otobo and a friend were slammed with “terrorism” charges by the police in an attempt to deny them bail.
Fire annihilates garments factory in Landhi
A three story Garmnet factory has been burnt down with goods worth millions when fire erupted by short circuit on Friday in the area of Shah Latif town Karachi Landhi industrial zone, fire brigade department has declared the fire third degree. The factory is tucked on an area of around two acres.
2011-2014 BMW X5, X6: Recall Alert
BMW announced this week that it would expand a May 2016 recall of SUVs to include 121,737 additional model year 2011 to 2015 X5 and X6 vehicles that may contain a defective driveshaft. BMW says the contact surface between the spider and the seal of the front driveshaft’s universal joint may be out of specification, sometimes allowing water or dirt to enter the universal joint and cause excessive wear and corrosion resulting in noise or vibration.
UK counter-terrorism police released a fascinating podcast…
The UK’s National Counter Terror Police Unit has released a podcast chronicling the stories of the real terror plots it has managed to prevent. “Code:Severe” launched on on March 6 and shot to the number three spot in the UK iTunes podcast charts at the time of writing, ahead of “Serial,” “Desert Island Discs,” and “TED Talks.”
A Navy SEAL explains how to make your home more secure
We tend to look at home security as just our home, the locks, and the alarm system. But the reality is there’s more layers than that that start well outside your front yard.
Albert Edwards: The Fed is about to cause a bond market ‘bloodbath’
Markets are pricing in a 100% probability that the Federal Reserve will raise its benchmark rate when it meets Tuesday and Wednesday. The Fed’s most recent projection for the fed funds rate , which will be updated at the meeting, showed that it could hike as many as three times this year.
Optical Component Stocks Still Worth a Look Following Finisar’s Tumble
Though Finisar and a couple of other component vendors have offered disappointing outlooks, strong demand from cloud giants should continue propping up the industry. This column originally appeared on March 10 on Real Money, our premium site for active traders.
V2V safety technology now standard on Cadillac CTS sedans in US
Cadillac introduces Vehicle-to-Vehicle communications this month in the CTS performance sedan, which is in production now. V2V-equipped vehicles share information that can be used to alert drivers to upcoming potential hazards, laying the groundwork for a connected, safer future.
If Trump Fans Love Freedom, They Should Love Net Neutrality
Imagine a world where Comcast slows video streaming from Fox News’s website to a pixelated crawl while boosting Rachel Maddow-who happens to star on Comcast-owned MSNBC. What if Verizon, which owns the liberal Huffington Post, charged you more to visit right-wing Breitbart.
Lloyds Takes Further $426 Million Provision for U.K. PPI Claims
Lloyds Banking Group Plc will take a 350 million-pound provision for improperly sold loan insurance in the first quarter after the U.K. regulator extended a deadline for complaints. The charge is in response to the Financial Conduct Authority’s policy statement on payment protection insurance issued on March 2, and won’t impact the bank’s earnings guidance, the London-based company said in a statement on Friday.
3 ways technology is helping the construction industry
Dave Bullard examines a 3-D printed “stick,” part of an excavator, during the first day of the 2017 CONEXPO-CON/AGG convention Tuesday, March 7, 2017, at the Las Vegas Convention Center. The massive construction vehicles garner immediate attention at CONEXPO-CON/AGG 2017 concluding today at the Las Vegas Convention Center, but it’s what’s tucked behind those monstrosities that could have the biggest impact.
How healthy are you? GOP bill would help employers find out
A bill in Congress could make it harder for workers to keep employers from getting access to their personal medical and genetic information and raise the financial penalties for those who opt out of workplace wellness programs. House Republicans are proposing legislation aimed at making it easier for companies to gather genetic data from workers and their families, including their children, when they collect it as part of a voluntary wellness program.
What you need to know before arranging a funeral
Planning a funeral can be a challenge, but experts say asking the right questions can make the process go more smoothly. A recent investigation by CBC’s Marketplace and the Toronto Star found some staff at funeral homes run by a large Canadian chain pushing costly package deals, often with big markups.