PepsiCo on Tuesday reported fourth-quarter earnings and revenue that beat analysts’ expectations. EPS: $1.31 per share, vs. $1.30 expected, according to Thomson Reuters Revenue: $19.53 billion, vs. $19.39 billion expected, according to Thomson Reuters The company also boosted its annual dividend by 15 percent to $3.71 from $3.22. “We are […]
FAN Editor
Economic cost of the opioid crisis: $1 trillion and growing faster
The economic cost of the growing opioid epidemic topped an estimated $1 trillion from 2001 through 2017, according to an analysis released Tuesday. And the opioid crisis is projected to cost the United States an extra $500 billion through 2020 unless sustained action is taken to stem the tide, the […]
Why do so many top White House officials lack full security clearances?
Neither the White House nor the FBI is taking responsibility in the backlog of more than 700,000 security clearances. One investigator told CBS News that the White House security clearance process “is the peak of what the problem is throughout the government.” On Monday, the White House blamed delays in […]
Why Winnebago Industries, Inc. Stock Plummeted 18.3% in January
What happened Continue Reading Below After a blowout year in 2017, shares of recreational vehicle (RV) and trailer manufacturer, Winnebago Industries (NYSE: WGO) are finding it hard to stay put on the northward-bound track. Winnebago stock slumped 18.3% in January, according to data from S&P Global Market Intelligence, with the […]
North Korea’s Kim Jong Un lauds “climate of reconciliation” at Olympics
North Korean leader Kim Jong Un has praised the welcome the South gave his sister and said it was important to build on the Olympics-driven momentum for dialogue on the divided peninsula. Kim’s younger sister Kim Yo Jong — one of his closest confidantes — was part of the nuclear-armed […]
Mother charged after 14-year-old son allegedly stockpiled weapons for school shooting
The mother of a 14-year-old who police say planned to shoot multiple classmates at his Pennsylvania high school was charged on Monday in connection to the foiled plot, authorities said. Lenora Ann Hendrix, of Markleysburg, Pennsylvania, was charged with knowingly and intentionally delivering or providing a firearm to a minor, […]
European shares go sideways as skepticism looms on recovery
The German share price index, DAX board, is seen at the stock exchange in Frankfurt, Germany, February 12, 2018. REUTERS/Staff/Remote February 13, 2018 By Julien Ponthus LONDON (Reuters) – European shares faltered on Tuesday morning in contrast with Wall Street which bounced back for a second day overnight, and as […]
Iraq oil minister says $4 billion needed for new downstream oil investments
Kuwait Minister of Foreign Affairs Sheikh Sabah al Khalid Al Sabah poses for a group photo with U.S. Secretary of State Rex Tillerson and other Foreign Ministers and delegates ahead of the Kuwait International Conference for Reconstruction of Iraq, in Bayan, Kuwait February 13, 2018. REUTERS/Stephanie McGehee February 13, 2018 […]
Surge in global oil supply may overtake demand in 2018: IEA
FILE PHOTO: A gas station attendant pumps fuel into a customer’s car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File Photo February 13, 2018 By Amanda Cooper LONDON (Reuters) – The rise in global oil production, led by the United States, is likely to outpace growth […]
Greece launches tender for 5 percent stake in OTE telecom
ATHENS, Greece – Greece’s state privatization agency says it has launched a tender to sell a five percent stake in the country’s dominant OTE telecom company. Continue Reading Below The agency said Tuesday that investors must submit their offers by March 15. Under its international bailout agreements, Greece is committed […]