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Oil Erases Gains After Trump Slams OPEC for Inflating Prices - Bloomberg

Fri, 04/20/2018 - 7:45am

Bloomberg

Oil Erases Gains After Trump Slams OPEC for Inflating Prices
Bloomberg
Oil fell in New York after U.S. President Donald Trump criticized OPEC and said crude prices are “artificially Very High.” The comments came as the Organization of Petroleum Exporting countries and allies including Russia showed willingness to further ...
Trump trolls OPEC over high pricesSeeking Alpha
Trump slams OPEC, says will not accept high oil pricesStreetInsider.com
Trump blasts Opec as oil prices trade at highest since 2014Financial Times

all 25 news articles »

GE Takes Hit From Old Mortgage Unit but Says Turnaround on Track - Wall Street Journal

Fri, 04/20/2018 - 7:16am

Wall Street Journal

GE Takes Hit From Old Mortgage Unit but Says Turnaround on Track
Wall Street Journal
General Electric Co. GE 2.42% reported a quarterly loss as the conglomerate took a $1.5 billion charge related to a subprime mortgage business it once owned, but the company said it was making progress on its cost-cutting efforts and reaffirmed its ...
GE sets aside $1.5 billion for investigation settlement after talks with the Justice DepartmentCNBC
Has GE finally turned a corner?CNNMoney
GE profit and revenue top estimates, stock soarsMarketWatch
Financial Times
all 7 news articles »

Stocks set to open higher as GE surges on earnings - CNBC

Fri, 04/20/2018 - 7:14am

CNBC

Stocks set to open higher as GE surges on earnings
CNBC
U.S. stock index futures pointed to slight gains ahead of Friday's open after the release of General Electric's quarterly numbers. Around 7:10 a.m. ET, Dow Jones industrial average futures traded 4 points higher, indicating a higher open of 9.11 points ...
Premarket: Futures Slip With GE, Oil Names Set To ReportInvestor's Business Daily

all 5 news articles »Google News

China refuses to recycle more of the world's trash - CNNMoney

Fri, 04/20/2018 - 7:12am

CNNMoney

China refuses to recycle more of the world's trash
CNNMoney
The Chinese government says it's extending last year's ban on imports of items such as unsorted paper and some plastics to dozens more types of recyclable materials, including steel waste, used auto parts and old ships. For decades, other countries ...
China's National Sword to cut post-industrial plastic scrapPlastics News
China will totally ban import of waste plastic in 2019ICIS
Import ban on solid wasteGlobal Times

all 22 news articles »Google News

GE Stands by Profit Forecast, Brushing Off Wall Street's Worries - Bloomberg

Fri, 04/20/2018 - 7:07am

Bloomberg

GE Stands by Profit Forecast, Brushing Off Wall Street's Worries
Bloomberg
General Electric Co. stuck with its 2018 profit forecast, sending shares higher as the beleaguered manufacturer defied Wall Street expectations of a cut. Strength in aviation and health care is shoring up confidence in the outlook for adjusted earnings ...
Has GE finally turned a corner?CNNMoney
GE Finally Got Some Good NewsFortune

all 6 news articles »

General Electric shares jump 5% as earnings top estimates, backs 2018 outlook - CNBC

Fri, 04/20/2018 - 6:31am

CNBC

General Electric shares jump 5% as earnings top estimates, backs 2018 outlook
CNBC
General Electric reported first-quarter earnings Friday that outpaced Wall Street expectations and reaffirmed its financial outlook for the year. Earnings in the latest period were fueled by strong performance by the company's aviation, healthcare ...
What General Electric Shareholders Should Do NowTheStreet.com
Has GE finally turned a corner?CNNMoney
GE +5% after Q1 beat, reaffirming outlookSeeking Alpha
StreetInsider.com -Zacks -Zacks
all 121 news articles »

Couples in retirement face average health care costs of $280000, Fidelity estimates - USA TODAY

Fri, 04/20/2018 - 6:30am

USA TODAY

Couples in retirement face average health care costs of $280000, Fidelity estimates
USA TODAY
Got a spare quarter-million bucks sitting around? If you're a 65-year-old couple retiring this year you'll need even more than that to cover health care and medical expenses throughout retirement, according to Fidelity Investments' annual cost estimate ...

and more »

Skechers Shares Are Crashing Pre-Market - TheStreet.com

Fri, 04/20/2018 - 5:04am

TheStreet.com

Skechers Shares Are Crashing Pre-Market
TheStreet.com
The market is tearing into Sketchers results like a rabid dog does a shoe. Skechers USA Inc. (SKX - Get Report) plunged in pre-market trading Friday after the footwear maker issued softer-than-expected sales and earnings forecasts for its fiscal second ...
Skechers Q1 Sales Beat Expectations, But Profit & Outlook Sends Shares TumblingFootwear News
Skechers: 1Q Earnings SnapshotSFGate

all 70 news articles »

LA Fitness apologizes after racial profiling allegations at club - CNN

Fri, 04/20/2018 - 1:34am

CNN

LA Fitness apologizes after racial profiling allegations at club
CNN
(CNN) LA Fitness has apologized after accusations that two black patrons at a New Jersey club were racially profiled and asked to leave. The fitness chain also promised to improve staff training. One of the patrons, Tshyrad Oates, posted videos of the ...
LA Fitness says employees accused of harassing two black men are no longer with companyUSA TODAY
Employees Who Called Police on Black Gym Members No Longer With Company: LA FitnessNBC New York
LA Fitness Fires 3 Employees for Going Full Starbucks on Black Customer in Viral VideoThe Root
Allentown Morning Call -NorthJersey.com -New York Daily News -Atlanta Black Star
all 59 news articles »Google News

Risks to the global economy will begin materializing in 3 years 'at the latest,' says UBS chairman - CNBC

Fri, 04/20/2018 - 12:08am

CNBC

Risks to the global economy will begin materializing in 3 years 'at the latest,' says UBS chairman
CNBC
The world economy is set for one of its best years since the global financial crisis, with both developed and emerging countries growing while inflation is still subdued and monetary conditions remain largely accommodative. But such a good run could ...

and more »Google News

AT&T brings '5G Evolution' (not real 5G) to 117 more markets - CNET

Fri, 04/20/2018 - 12:01am

CNET

AT&T brings '5G Evolution' (not real 5G) to 117 more markets
CNET
AT&T is pushing forward on its build towards 5G. Roberto Machado Noa / Getty. AT&T is getting more than 100 cities ready for 5G. Just don't be misled by how it's doing it. The Dallas telecommunications giant said on Thursday that it's rolling out its ...
AT&T expands '5G Evolution' to 117 markets, sets stage for mobile 5G rollout this yearAppleInsider
AT&T plans wireless upgrade toward 5G in Triangle, Charlotte later this yearWRAL Tech Wire
AT&T switches on its pseudo-5G in over 100 locationsEngadget
AppAdvice -NBC4i.com
all 17 news articles »

Bankrupt parent company of Minnesota-founded Herberger's to close all of its stores - TwinCities.com-Pioneer Press

Thu, 04/19/2018 - 10:17pm

TwinCities.com-Pioneer Press

Bankrupt parent company of Minnesota-founded Herberger's to close all of its stores
TwinCities.com-Pioneer Press
Minnesota will lose 20 department stores in coming months as the corporate parent of Herberger's shutters all of its 250 locations, the company announced Thursday. Bon-Ton Stores Inc., which is headquartered in Milwaukee and York, Pa., was bought out ...
Fox Valley Mall officials say Carson's 'will be missed'Chicago Tribune
Liquidation sales start Friday at all Bon-Ton storesAllentown Morning Call
Liquidation sale at 212 Boston Store, Bon-Ton, Younkers stores starts FridayUSA TODAY
Dayton Daily News -fox6now.com -Milwaukee Business Journal -MassLive.com
all 200 news articles »Google News

Exclusive: US sorghum armada U-turns at sea after China tariffs - Reuters

Thu, 04/19/2018 - 9:09pm

Reuters

Exclusive: US sorghum armada U-turns at sea after China tariffs
Reuters
CHICAGO (Reuters) - Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and ...
China could end up hurting itself with trade action against US farmers. Here's howCNBC
Chemicals caught in the middle as tariffs loomChemistry World

all 16 news articles »

Exclusive: US sorghum armada U-turns at sea after China tariffs - Reuters

Thu, 04/19/2018 - 9:09pm

Reuters

Exclusive: US sorghum armada U-turns at sea after China tariffs
Reuters
CHICAGO (Reuters) - Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and ...

and more »Google News

AT&T CEO Randall Stephenson Challenged on Witness Stand at Merger Trial - Hollywood Reporter

Thu, 04/19/2018 - 7:19pm

Hollywood Reporter

AT&T CEO Randall Stephenson Challenged on Witness Stand at Merger Trial
Hollywood Reporter
The exec took the stand amid the Justice Department's legal effort to block the $85 billion merger between AT&T and Time Warner. "I believe we are on the cusp of a moment." Those were AT&T CEO Randall Stephenson's words on Thursday at a consequential ...
AT&T CEO Stephenson says Time Warner deal needed in content-dependent worldReuters
AT&T Chief Attacks Lawsuit to Block Time Warner MergerNew York Times
Peter Bart: Scaling Up Through Mergers No Fun Anymore For MogulsDeadline
CNNMoney -Variety -Seeking Alpha -BGR
all 57 news articles »

Wells Fargo nears $1 billion settlement for loan abuses: source - Reuters

Thu, 04/19/2018 - 6:29pm

Reuters

Wells Fargo nears $1 billion settlement for loan abuses: source
Reuters
(Reuters) - Wells Fargo & Co (WFC.N) is close to settling a record fine of $1 billion imposed by two U.S. regulators for its risk management business, a source familiar with the matter told Reuters on Thursday. Last week, the U.S. Consumer Financial ...
Reports: Wells Fargo to Be Fined $1B as Early as FridayU.S. News & World Report
Punishing Wells Fargo: Just Deserts, or Beating a Dead Horse?New York Times
Wells' $1B reckoning may come as early as FridayAmerican Banker
Wall Street Journal -SFGate -Washington Post -Nasdaq
all 188 news articles »

Another mailman busted for stealing thousands of letters - New York Post

Thu, 04/19/2018 - 6:07pm

New York Post

Another mailman busted for stealing thousands of letters
New York Post
An overwhelmed mailman stole over 17,000 pieces of mail hoarding them in his car, apartment and work locker, according to a Brooklyn federal complaint. Aleksey Germash — a Russian immigrant — is charged with delaying or detaining mail after ...
NYC Mailman Said He Was 'Overwhelmed,' Hoarded 17K Parcels: FedsNBC New York
Brooklyn postal worker arrested after 17000 pieces of undelivered mail foundWPIX 11 New York
US Postman Held Onto 17000+ Mail Items, Promises He Sent The 'Important' OnesPedestrian TV

all 8 news articles »Google News

Under Armour pulls business from YouTube after ads ran on extremist content: report - MarketWatch

Thu, 04/19/2018 - 5:41pm

CNNMoney

Under Armour pulls business from YouTube after ads ran on extremist content: report
MarketWatch
Under Armour Inc. UAA, -0.12% pulled its ads from Alphabet Inc.-owned GOOGL, +1.31% GOOG, +1.46% YouTube after the apparel company's ads appeared on a white nationalist channel, according to a CNN report late Thursday. Under Armour is one of several ...
Exclusive: YouTube ran ads from hundreds of brands on extremist channelsCNNMoney
YouTube ran ads from major brands on hate channels: reportThe Hill

all 6 news articles »

Teachers union dumps Wells Fargo mortgage promotion for members over bank's gun-industry ties - CNBC

Thu, 04/19/2018 - 5:05pm

CNBC

Teachers union dumps Wells Fargo mortgage promotion for members over bank's gun-industry ties
CNBC
The nation's largest teacher's union has ended a promotional program with Wells Fargo, citing the bank's continued ties to the gun industry. The American Federation of Teachers, representing 1.7 million workers, said it removed the Wells Fargo mortgage ...
Wells Fargo Dropped by Teachers Union Over Ties to Gun IndustryBloomberg
Teacher union cuts Wells Fargo mortgage program over gun tiesMarketWatch
White Flag At Wells FargoChief Executive Group
USA TODAY
all 9 news articles »

Mattel's CEO Georgiadis heads to Ancestry. Toymaker taps Ynon Kreiz to replace her - CNBC

Thu, 04/19/2018 - 4:55pm

CNBC

Mattel's CEO Georgiadis heads to Ancestry. Toymaker taps Ynon Kreiz to replace her
CNBC
Mattel named Ynon Kreiz as its new CEO, replacing Margaret Georgiadis, who is stepping down to take the top job at consumer genomics company Ancestry. Kreiz has been a director on Mattel's board since June 2017, and is slated to be elected as the board ...
Mattel's Incoming Chairman to Take Reins as Georgiadis DepartsBloomberg
Mattel CEO leaves after just over a year on the jobCNNMoney
Mattel Names Ynon Kreiz As Chief Executive Officer, Effective April 26, 2018PR Newswire (press release)
Wall Street Journal -CBS News -MarketWatch -Seattle Times
all 36 news articles »

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