FILE PHOTO – A view of the corporate sign outside the Honeywell International Automation and Control Solutions manufacturing plant in Golden Valley, Minnesota, U.S. on January 28, 2010. REUTERS/Eric Miller/File Photo January 26, 2018 (Reuters) – U.S. industrial conglomerate Honeywell International Inc <HON.N> reported a better-than-expected quarterly profit on Friday […]
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Moscow, markets ready for possible fresh U.S. sanctions
FILE PHOTO: A U.S. 100 dollar banknote and Russian 10 roubles coins are seen in this picture illustration taken in St. Petersburg, October 22, 2014. REUTERS/Alexander Demianchuk January 26, 2018 By Jack Stubbs, Simon Jessop and Sujata Rao MOSCOW/LONDON (Reuters) – The United States could release reports as early as […]
Davos lets Trump ‘explain himself better to the world,’ former comms director says
Attending the World Economic Forum in Davos, Switzerland, gives President Donald Trump “a platform to explain himself better to the world,” Anthony Scaramucci told ABC News’ Terry Moran. “The consensus would be that he’s a nationalist, an American-centric, that he would never attend an event like this,” Scaramucci said. “There’s […]
I see ‘irrational complacency’ in Davos, and asset ‘bubbles everywhere’ — billionaire Jeff Greene
The titans of global finance at the World Economic Forum are too optimistic about the stock market and the economy, American billionaire real estate investor Jeff Greene told CNBC on Friday. “There are 2,000 people [here], and I don’t think I’ve met one person who’s been negative,” Greene said on […]
Normally vocal hedge fund manager Bill Ackman takes a passive stake in Nike
Bill Ackman’s Pershing Square has taken a passive stake in Nike, a source tells CNBC. The activist hedge fund will not pressure the shoe apparel company for changes. CNBC was not able to clarify the size of the hedge fund’s Nike position. Ackman’s position in Nike was earlier reported by […]
Seagate Technology Had a Good Quarter
Seagate Technology (NASDAQ: STX) has been in fine form of late, appreciating over 30% in the past six months thanks to a better-than-expected quarterly report in October 2017. The data storage specialist trumped earnings expectations by a wide margin because of stringent cost controls, thereby boosting investor confidence. Continue Reading […]
Houston kidnap victim killed during FBI raid
A kidnapping victim was killed after an FBI raid went wrong in Texas on Wednesday, according to authorities. “FBI was conducting an operation at a home in the 7300 block of Elbert Street in Northeast Houston. During the course of the operation, an individual was fatally injured,” reads a statement […]
Why 2017 Was a Year to Remember for Teck Resources Ltd.
Teck Resources Ltd. (NYSE: TECK) investors will likely look back fondly on 2017. Although it was a bit of a roller-coaster ride, the miner’s shares ended the year with a hefty 30% gain. But that’s not the only good news: There were some notable events that led to that gain […]
This Growing Social Security Trend Could Give Seniors Some Tax Relief
Seniors rely on Social Security benefits to support them in retirement, but many of them end up paying income taxes on a portion of their Social Security income. Not only does the federal government impose taxes on Social Security for those whose incomes are above certain threshold levels, but more […]
Trump speaks at the World Economic Forum in Davos — WATCH LIVE
[The stream is slated to start at 8 a.m., ET. Please refresh the page if you do not see a player above at that time.] President Donald Trump speaks Friday during his first trip to the World Economic Forum in Switzerland, where he is expected to pitch investment in the […]