DAVOS — No one throws a party quite like an oligarch. Oleg Deripaska, whose dealings with key figures in the ongoing probe of Russian interference in the 2016 election are under scrutiny, hosted an extravagant party on Friday night at the annual World Economic Forum in Davos, Switzerland, featuring boats […]
FAN Editor
Drivers in California’s 3 largest cities wasted $7 billion on gas in 2017
Think filling up your car is expensive? Try doing it one of California’s three largest metro areas. Drivers in Los Angeles, San Francisco and San Diego may have spent as much as $17 billion on gas last year, based on a new estimate from Zendrive, a start-up that analyzes driving […]
GOP lawmakers push back on the idea of a gas tax as Trump gears up for $1T infrastructure plan
President Donald Trump‘s massive infrastructure package just hit a major roadblock. Prominent Republican lawmakers are already coming out against raising the federal gas tax to pay for the president’s promised $1 trillion investment in infrastructure. Speaking on Saturday night at a private donor retreat here hosted by billionaire industrialists Charles […]
Koch political advocacy group to ramp up spending in midterms, fight for Dreamers
Republican megadonor Charles Koch’s political network of lobbyists and activists will spend between $300 million and $400 million in the upcoming 2018 midterm elections — a 60 percent increase compared to what the organization spent in the 2016 elections. “It is going to be a very challenging environment at both […]
Russian opposition leader Navalny released after rally: lawyer
A still image taken from a video footage shows Russian opposition leader Alexei Navalny being detained by Interior Ministry members during a rally for a boycott of a March 18 presidential election in Moscow, Russia January 28, 2018. NAVALNY.COM/Handout/Reuters TV via REUTERS January 28, 2018 MOSCOW (Reuters) – Russian opposition […]
Here’s what to look for as health care reports earnings, with HCA, Aetna and CVS front and center
This week, investors could get a better picture of how this year’s intense flu season is impacting health care firms, with three major health insurers and the nation’s largest for-profit hospital operator set to report fourth quarter results. Here’s what to watch: Hospital operator HCA reports Tuesday. With a large […]
Is Kohl’s at Risk of Derailing Its Recovery?
Kohl’s put in one of the strongest performances of any department store chain over the holidays, posting some of the best comparable-store sales numbers around. That’s an encouraging development for a chain that looked like it might follow Macy’s and J.C. Penney toward the abyss. Continue Reading Below Although those […]
Your Basic Guide to Calculating Your Social Security Benefits
Your Social Security benefits, while not typically big enough to live on, can be a substantial addition to your sources of retirement income. But if you’re overly optimistic (or pessimistic) about how much you’ll receive, you can throw off your entire retirement plan and end up short on money once […]
Better Buy: Intrexon Corporation vs. Celgene
Two very different companies are hoping to make their mark in cell therapy. Intrexon Corporation (NYSE: XON) formed its Precigen subsidiary last year to develop gene and cell therapies. Celgene (NASDAQ: CELG) recently announced its acquisition of Juno Therapeutics (NASDAQ: JUNO), a move that puts the big biotech front and […]
Earnings have been ‘unambiguously positive,’ and it’s going to get even better, says JPMorgan
Buckle up: The market is entering one of the busiest weeks of earnings season, and one strategist says the ride could be thrilling. More than 100 S&P 500 Index companies and 10 Dow stocks are due to report in the coming week, a group with a collective value of over […]