President Donald Trump met with Microsoft Corp. co-founder Bill Gates at the White House on Monday, just days after releasing a budget proposal that would impose deep cuts on funding for many of the causes championed by the billionaire philanthropist. White House spokesman Sean Spicer said the two spoke about their “shared commitment to finding and stopping disease outbreaks around the world.”
Day: March 20, 2017
USA Today names Joanne Lipman as new top editor
Gannett has named Joanne Lipman as the editor-in-chief of USA Today , one of the country’s biggest newspapers. Lipman has been with McLean, Virginia-based Gannett Co .
Betsy DeVos Hands Victory to Loan Firm Tied to Adviser Who Just Quit
Americans who default on some of their federal student loans are likely to pay more after Education Secretary Betsy DeVos reversed an Obama administration directive limiting some fees. But it turns out the Trump administration decision has some beneficiaries-including the father of a key DeVos lieutenant who just quit.
Dominion Diamond and Nektar climb; Wells Fargo dips
The bank reported numbers from February that indicated its sales practices scandal is still taking a toll on its business. The company said an experimental drug for attention deficit hyperactivity disorder didn’t meet its goals in a clinical trial.
PDVSA Said to Replace Refining Managers as Shakeup Deepens
Venezuela’s state oil company is replacing high-level managers at refining complexes and other divisions as it deepens a shake-up that began in January, according to people with knowledge of the situation. Managers at several of Petroleos de Venezuela SA’s major refineries have been replaced in the past weeks, Ivan Freites, a union leader, said Monday in a telephone interview.
Trump drops 220 spots on Forbes list of billionaires
President Donald Trump walks to the White House after arriving on Marine One, Sunday, March 19, 2017, in Washington. Trump is returning from a trip to his Mar-a-Lago estate in Palm Beach, Fla.
Wall Street Dips on Policy Jitters
Traders gather at the booth that trades Abbott Laboratories on the floor of the New York Stock Exchange, December 10, 2012. REUTERS/Brendan McDermid (
Two Ohio Coal-Fired Plants to Close, Deepening Industry Decline
Electricity company Dayton Power & Light said on Monday it would shut down two coal-fired power plants in southern Ohio next year for economic reasons, a setback for the ailing coal industry but a victory for environmental activists. Republican President Donald Trump promised in his election campaign to restore U.S. coal jobs that he said had been destroyed by environmental regulations put into effect by his Democratic predecessor, Barack Obama.
Target hires grocery veteran to recharge its food division
The Minneapolis, Minnesota-based chain said Monday that Jeff Burt will assume the title of senior vice president, grocery, fresh food and beverage on April 10. Burt was most recently the president of the Fred Meyer division of Kroger Co. and worked at that company for 30 years.
Genomics in Healthcare: A Game-Changer Thats Just Getting Started
Gene sequencing is playing a huge role in the push toward personalized medicine. The cost to sequence a genome is declining exponentially, and the amount of genomes that have been sequenced are rising in step.
Apple Stock: Next Stop, $155?
The world’s most valuable consumer tech company saw its shares hit a new high on Monday, after another Wall Street firm jacked up its price target. Apple has now soared 33% over the past year, a big move for a stock that seemed to be losing favor in a climate of sluggish growth and thinning margins.
Swedish singer Zara Larsson seeks to build U.S. fan base
Swedish pop star Zara Larsson may have racked up more than 1 billion streams on music service Spotify within a few days of her new album’s release, but the 19-year-old knows she still has some work to do in the United States. Her second album, “So Good,” came out on Friday.
3 Stocks That Are Ridiculously Cheap Right Now
With the market steadily pushing above and beyond its all-time highs, it’s becoming increasingly difficult to find stocks with compelling valuations. With this in mind, we asked three of our contributors which stocks they think are still bargains that might be worth buying right now.
The ‘Dig Once’ bill could bring better broadband to rural areas
Telephone and cable companies are routinely slammed for being slow to build infrastructure in rural areas. Critics wrongly attribute delays to “market failure,” claiming that because rural service yields low profits, carriers simply aren’t interested.
European Commission Seeking Unrestricted Airline Wet-Leasing Agreement with U.S.
The European Commission wants to eliminate restrictions on EU airlines from leasing planes and crews from U.S. carriers, according to Reuters . Wet-leasing, the practice of leasing crewed planes from other airlines, is common within the industry.
Mylan’s Government Connections Go Deeper Than Initially Reported
Mylan CEO Heather Bresch’s father sponsored a bill that made it easier for generic drugs to be substituted back in 1986. This helped Mylan become the largest generic manufacturer.
Bitcoin Moves Back Into the Green After Three-Day Decline
Bitcoin rose for the second consecutive session Monday, up following the five-week low it hit Saturday, less than a week after the SEC denied approval of the first bitcoin-based exchange traded fund. Get a First Look at the Dodge Demon — It Will Probably Be the Fastest Muscle Car Ever at Over 900hp
Behold a Floating Food and Wine Extravaganza: A Windstar/James Beard Foundation Cruise
These “recipe” verbs suggest a mixture combining cooking ingredients only, but a more interesting combination that fuses culinary components and sea-faring relaxation is the marriage the James Beard Foundation and Windstar Cruises to create the James Beard Foundation Portfolio, a group of cruises exclusive to Windstar. The cruise line, known for its luxury journeys on board its small fleet of stunning, sailboat yachts, added three ocean-going , triplet vessels in 2015, purchased from the top-tier cruise line Seabourn.
Intel and Micron’s new high-speed memory represents a huge opportunity: Jhonsa
The chipmakers’ 3D XPoint next-gen memory offers a middle ground between expensive DRAM and relatively slow NAND flash memory. It’s great for games, analytics and possibly more.
Why You Should Probably Still Devour Some of Sprouts Natural Market
News that privately held grocery store chain owner Albertsons Cos is considering the purchase of Sprouts Natural Market has sent shares surging in recent sessions. Sprouts operates more than 240 stores in 15 states that offer organic and health food, as well as natural home and personal care products.