Feb. 20, 2017 – 3:03 – Sethi Financial Group’s Rob Morgan on the outlook for stocks, the impact of a potential border tax on retail stocks and Federal Reserve policy.
How to Drink Wine Like an American President
And while Andrew Jackson and Martin Van Buren were big whiskey drinkers , many commanders-in-chief have been wine drinkers too — including our first president. We first must shout out to George Washington and other 54 guys who drafted the Constitution.
German Yields Hit Record Low, French Bond Spreads Widen as Political Concerns Intensify
Germany’s two-year government bond yields hit a record low Monday amid rising political uncertainty in the region as officials meet in Brussels to debate the ongoing bailout in Greece. Germany’s two-year government bond yields hit a record low Monday amid rising political uncertainty in the region as officials meet in Brussels to debate the ongoing bailout in Greece and polls indicate rising support for far-right Presidential candidate Marine Le Pen.
U.K. Faces ‘Danone Moment’ as Kraft Heinz Buckles Under Weight of Unilever Opposition
Prime Minister Theresa May faces the delicate balance of maintaining Britain’s FDI credentials while avoiding a fire-sale of cheap U.K. companies. Theresa May is no Lady Bracknell, but the U.K. Prime Minister is nonetheless likely to be thinking about Oscar Wilde’s most-quoted character this week as she fends off takeover approaches from aboard while simultaneously insisting that Britain is an economy with global ambitions that is ‘open for business’.
Google, Bing Agree to Help U.K. Creative Industries Fight Pirate Sites
A voluntary code of practice is designed to “kick-start collaboration between the parties to demote links to websites that are dedicated to infringing content for consumers in the U.K.” Google and Microsoft’s Bing are two big-name search engines that have voluntarily signed on to a first-of-its kind initiative in Britain aimed at “reducing the availability of infringing content accessed through online search.” The agreement between representatives of rights holders and major search engines was unveiled Monday following a government-chaired series of roundtables.
Why service-oriented business is not D.C.’s best growth strategy
We all know that there are two main ways to make money in business: by selling yourself or selling something you create . I work daily on growing the greater Washington region’s innovation community, and I am constantly reminded of the fundamentally important distinction between these two business approaches.
Defined benefit pensions still viable, says government
The government said the total deficit of all DB schemes in January 2017 was A 197bn, down from A 459bn in August 2016. “Our modelling suggests that these deficits are likely to shrink for the majority of schemes, if employers continue to pay into schemes at current/promised levels,” the paper declares.
Car Loans on the Rise as U.S. Households Borrow More: Chart
U.S. households held 1.9 percent more auto debt in the final three months of 2016 than in the previous quarter, as automakers closed out a record year with 17.55 million cars and light trucks sold. Auto loans now make up 9.2 percent of Americans’ debt loads, the highest share in New York Fed data going back to 2003.
Sequoia-Backed China Robot Startup Said to Be Raising New Funds
Makeblock Co., a Chinese maker of DIY robotics parts, is seeking to raise funding at a $200 million valuation as the Sequoia Capital-backed startup expands into classrooms and hobbyist’s workshops globally, people familiar with the matter said. The Shenzhen-based company us seeking to raise about 200 million yuan in a series B round, the people said, requesting not to be named discussing a private matter.
Sequoia-Backed China Robot Startup Said to Be Raising New Funds
Makeblock Co., a Chinese maker of DIY robotics parts, is seeking to raise funding at a $200 million valuation as the Sequoia Capital-backed startup expands into classrooms and hobbyist’s workshops globally, people familiar with the matter said. The Shenzhen-based company us seeking to raise about 200 million yuan in a series B round, the people said, requesting not to be named discussing a private matter.
PSA May Vow to Keep Opel Sites as Chief Tours for Support
PSA Group Chief Executive Officer Carlos Tavares will meet with government leaders in the U.K. and France this week to discuss the potential purchase of General Motors Co.’ s Opel and Vauxhall brands.
PSA May Vow to Keep Opel Sites as Chief Tours for Support
PSA Group Chief Executive Officer Carlos Tavares will meet with government leaders in the U.K. and France this week to discuss the potential purchase of General Motors Co.’ s Opel and Vauxhall brands.
Draft DHS guidelines sharpen focus on those here illegally
US Secretary of Homeland Security John Kelly speaks during the Munich Security Conference in Munich, Germany, Saturday, Feb. 18, 2017. The annual weekend gathering is known for providing an open and informal platform to meet in close quarters.
Draft DHS guidelines sharpen focus on those here illegally
US Secretary of Homeland Security John Kelly speaks during the Munich Security Conference in Munich, Germany, Saturday, Feb. 18, 2017. The annual weekend gathering is known for providing an open and informal platform to meet in close quarters.
Yiannopoulos responds to video posted by conservative site
In this Jan. 25, 2017, file photo, Milo Yiannopoulos speaks on campus in the Mathematics building at the University of Colorado in Boulder, Colo. Right-wing provocateur Yiannopoulos was trying to clarify past comments on relationships between boys and older men after a conservative site posted a collection of edited video clips that set social media abuzz.
Yiannopoulos responds to video posted by conservative site
In this Jan. 25, 2017, file photo, Milo Yiannopoulos speaks on campus in the Mathematics building at the University of Colorado in Boulder, Colo. Right-wing provocateur Yiannopoulos was trying to clarify past comments on relationships between boys and older men after a conservative site posted a collection of edited video clips that set social media abuzz.
Another View — Aida Cerundolo: Handicapping our best students?
Punishment came down quickly for two Daniel Webster College basketball players, including the leading scorer this season, after a fight during the school’s last-ever men’s basketball game on… Brad Marchand scored a breakaway goal 2:36 into overtime as the Boston Bruins beat the Sharks 2-1 Sunday night.
Another View — Aida Cerundolo: Handicapping our best students?
Punishment came down quickly for two Daniel Webster College basketball players, including the leading scorer this season, after a fight during the school’s last-ever men’s basketball game on… Brad Marchand scored a breakaway goal 2:36 into overtime as the Boston Bruins beat the Sharks 2-1 Sunday night.
China Blue Chips Post Best Day in 6 Months
China’s blue-chip index posted its biggest daily gain in six months on Monday after media reports said pension funds may begin flowing into the country’s stock markets as early as this week. Investor sentiment was also supposed by new rules unveiled by regulators late on Friday to restrict “excessive” and “frequent” fundraising by some listed companies.
China Blue Chips Post Best Day in 6 Months
China’s blue-chip index posted its biggest daily gain in six months on Monday after media reports said pension funds may begin flowing into the country’s stock markets as early as this week. Investor sentiment was also supposed by new rules unveiled by regulators late on Friday to restrict “excessive” and “frequent” fundraising by some listed companies.
This week’s DWI License Revocations
Punishment came down quickly for two Daniel Webster College basketball players, including the leading scorer this season, after a fight during the school’s last-ever men’s basketball game on… Brad Marchand scored a breakaway goal 2:36 into overtime as the Boston Bruins beat the Sharks 2-1 Sunday night.
Red Sox’ Benintendi puts all the hype aside
Punishment came down quickly for two Daniel Webster College basketball players, including the leading scorer this season, after a fight during the school’s last-ever men’s basketball game on… Brad Marchand scored a breakaway goal 2:36 into overtime as the Boston Bruins beat the Sharks 2-1 Sunday night.
Uber Investigating Sexual Discrimination Claims by Ex-Engineer
Uber Technologies Inc. is looking into allegations from a former engineer of sexual harassment, a new accusation that’s likely to draw renewed attention to the lack of women in Silicon Valley’s technical ranks. Chief Executive Officer Travis Kalanick said the the ride-hailing company will conduct an internal investigation in response to a blog post on Sunday by Susan Fowler.
Uber Investigating Sexual Discrimination Claims by Ex-Engineer
Uber Technologies Inc. is looking into allegations from a former engineer of sexual harassment, a new accusation that’s likely to draw renewed attention to the lack of women in Silicon Valley’s technical ranks. Chief Executive Officer Travis Kalanick said the the ride-hailing company will conduct an internal investigation in response to a blog post on Sunday by Susan Fowler.
You’ve probably been using aluminum foil wrong your whole life
The most frustrating thing about using aluminum foil is the cardboard roll frequently pops out. You may be surprised to find that the solution is in plain sight.
Another View — Mark Connolly: The upside of regulations
Punishment came down quickly for two Daniel Webster College basketball players, including the leading scorer this season, after a fight during the school’s last-ever men’s basketball game on… Brad Marchand scored a breakaway goal 2:36 into overtime as the Boston Bruins beat the Sharks 2-1 Sunday night.
Rpt: GM Shares Could Climb 35% if it Sells Opel
General Motors shares could climb by as much as 35 percent if it succeeds in selling its European Opel brand and focuses on its healthier markets, Barron’s said on Sunday. Last week, GM confirmed reports that it was in talks to sell its Opel business to Paris-based PSA Group, which manufactures brands including Peugeot.
Oil Rises, But Drilling Drags on Prices
Oil prices rose on Monday but the gains were limited as investors gauged whether an increase in U.S. drilling rigs and record stockpiles would undermine efforts by producers to cut output and bring the market into balance. Brent futures were up 17 cents at $55.98 a barrel at 0616 GMT, while U.S. West Texas Intermediate crude was up 15 cents at $53.55.
Nikkei Edges Up in Light Trading on U.S. Holiday
Japanese shares eked out small gains on Monday in a choppy session marked by low volumes as investors stayed on the sidelines with the U.S. markets closed for a holiday. The Nikkei edged up 0.1 percent to 19,251.08, after trading in the negative territory in the morning.
European Stocks Called Higher; US Markets Closed for Presidents’ Day Holiday
European stocks are expected to open firmer Monday, but volumes will be thin owing to market closures in the United States for Presidents’ Day. European stocks are expected to open firmer Monday, but volumes will be thin owing to market closures in the United States for Presidents’ Day.
Sam Asano’s Let’s Invent: How we made China wealthy
In the full-court layup drill and three-point contest otherwise known as the 66th NBA All-Star Game, New Orleans Pelicans forward Anthony Davis set an All-Star record with 52 points and Oklahoma… In last week’s installment, I stated that I had heard the then Federal Reserve Bank Chairman Alan Greenspan speak at Harvard’s commencement,, saying if … (more)
Sam Asano’s Let’s Invent: How we made China wealthy
In the full-court layup drill and three-point contest otherwise known as the 66th NBA All-Star Game, New Orleans Pelicans forward Anthony Davis set an All-Star record with 52 points and Oklahoma… In last week’s installment, I stated that I had heard the then Federal Reserve Bank Chairman Alan Greenspan speak at Harvard’s commencement,, saying if … (more)
Larry Klayman’s CNN Fail
The bulk of Larry Klayman’s Feb. 17 WorldNetDaily column is his letter to the Federal Communications Commission demanding that it “fine, discipline and revoke any and all licenses from the Federal Communications Commission for CNN, or any other legal and appropriate remedial action.”
Larry Klayman’s CNN Fail
The bulk of Larry Klayman’s Feb. 17 WorldNetDaily column is his letter to the Federal Communications Commission demanding that it “fine, discipline and revoke any and all licenses from the Federal Communications Commission for CNN, or any other legal and appropriate remedial action.”
Traffic Costs U.S. Drivers $1,200 a Year
Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world’s biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. INRIX, based in Kirkland, Washington, aggregates and analyzes traffic data collected from vehicles and highway infrastructure.
Traffic Costs U.S. Drivers $1,200 a Year
Traffic jams cost U.S. drivers an average of $1,200 a year in wasted fuel and time, and much more in Los Angeles, the city with the world’s biggest rush hour traffic delays, according to a study by INRIX Inc released on Monday. INRIX, based in Kirkland, Washington, aggregates and analyzes traffic data collected from vehicles and highway infrastructure.
Record All-Star: Davis Scores 52, West Tops East 192-182
At the defense-free dunkfest that now serves as the NBA’s All-Star Game, Davis scored a record 52 points and led the Western Conference past the Eastern Conference, 192-182 on Sunday night. He made 26 of 39 shots, scored 20 points in the fourth quarter and became the first player since Kobe Bryant in 2011 to win MVP honors on his home floor.
Asia Stocks Adrift For U.S. Holiday
Asian share markets were mixed on Monday as political uncertainty globally kept the mood cautious, while the U.S. dollar dithered in a tight range ahead of a busy week for Federal Reserve events. Turnover was light with U.S. markets closed for the Presidents Day holiday.
Alibaba Deepens Retail Foray With New Chinese Supermarket Tie-Up
Alibaba Group Holding Ltd. is teaming up with Shanghai Bailian Group Co., one of China’s largest supermarket and department store chains, as Jack Ma accelerates an effort to employ technology to shake up old-fashioned retail. Alibaba’s planning to help upgrade some of Bailian’s 4,700 stores across the country, integrating everything from customer relations to payment and logistics in a manner similar to its tie-ups with other players such as electronics chain Suning Commerce Group Co.
Here are all the controversial things the Trump administration…
Inside the eye of this hurricane, however, Trump could soon face critical issues that have yet to fully materialize – like next week’s planned replacement of his rejected immigration executive order that is likely to be challenged in courts throughout the country. Trump was named in 42 federal lawsuits in his first 11 days as commander-in-chief, CNN reported earlier this month .