A planned massive Republican tax overhaul has led Wall Street strategists to revise their 2018 corporate earnings forecasts sharply higher, but the jury is out on how long the accelerating effect on profits will last. Continue Reading Below The tax bill, which the U.S. House of Representatives approved on Tuesday, […]
FAN Editor
Crazy town: Tiny fruit juice company soars on speculated move into bitcoin that likely isn’t real
In one of the most speculative stock moves around the bitcoin mania, the tiny stock of a former fruit juice company briefly soared more than 200 percent Tuesday. Future FinTech (FTFT) has a market value of just $12.5 million with Tuesday’s gains, according to FactSet. The stock closed up 64 […]
Babysitter gets probation in Missouri infant’s shaking death
CLAYTON, Mo. — An eastern Missouri woman was sentenced to five years of probation for the shaking death of a 13-month-old girl in 2011. Thirty-six-year-old Jennifer Winkler of Eureka also was sentenced Monday to 500 hours of community service and was banned from caring for children other than her own. Jennifer […]
Man gets 28 years in plot to behead conservative blogger
BOSTON — A man convicted of leading a plot inspired by the Islamic State of Iraq and Syria (ISIS) to behead a conservative blogger who upset Muslims when she organized a Prophet Muhammad cartoon contest was sentenced Tuesday to 28 years in prison. David Wright, who’s 28 years old, was […]
NY teen accused of fatally stabbing classmate ‘snapped’ after alleged bullying
A New York City teenager accused of stabbing two classmates, one of them fatally, said he “snapped” on the day of the incident because the boys wouldn’t stop bullying him. “That day, I tried to walk away,” Abel Cedeno, 18, said Monday in an exclusive interview with ABC New York […]
WATCH: Thief makes off with holiday cheer from Philly home
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House Republicans pass tax measure
House Republicans have passed their ambitious $1.5 trillion rewrite of the tax code, moving one step closer to achieving their first major legislative victory under President Donald Trump. The vote on the bill, the largest overhaul of the tax code in 30 years, was along party lines, 227-203. House Speaker […]
Interest rates rise in one of biggest 2-day moves of year as tax bill gets closer to becoming law
Treasury yields are staging one of the sharpest two-day moves of the year, as the U.S. tax bill moves closer to becoming law. The House voted to approve the sweeping tax bill Tuesday afternoon, and it was next headed for the Senate. Strategists said the move, which drove the U.S. […]
Prosecutor says Turkish banker lied at trial to protect job
NEW YORK – A prosecutor says a Turkish banker lied when testifying in his defense at a New York trial that has strained relations between the U.S. and Turkey. Continue Reading Below Assistant U.S. Attorney Michael Lockard said Tuesday in a closing argument Mehmet Hakan Atilla lied about helping Iran […]
At least 12 dead, 7 Americans injured in bus crash in Mexico: officials
MEXICO CITY — At least 12 people died when a bus carrying cruise ship passengers to Mayan ruins in eastern Mexico flipped over on a highway early Tuesday, officials said. At least seven Americans are among the multiple injuries that could number as high as 20, CBS News’ Don Dahler reports. […]