Warren Buffett once called pricing power the “single most important decision in evaluating a business,” pointing out that “if you’ve got the power to raise prices without losing business to a competitor, you’ve got a very good business.” Continue Reading Below However, finding companies that have sustainable pricing power is […]
FAN Editor
Don’t Tell Constellation Brands the Beer Industry Is Down
Craft-beer sales have slowed to a crawl and the overall beer industry remains stagnant, if not in decline, but Constellation Brands (NYSE: STZ) continues to brew up growth regardless. Continue Reading Below The beer distributor was able to chart a path higher on the basis of its Mexican beer portfolio, […]
Trump threatens to pull aid to Palestinians if they don’t pursue peace
U.S. President Donald Trump shakes hands with Israeli Prime Minister Benjamin Netanyahu during the World Economic Forum (WEF) annual meeting in Davos, Switzerland January 25, 2018 REUTERS/Carlos Barria January 25, 2018 By Steve Holland and Yara Bayoumy DAVOS, Switzerland (Reuters) – U.S. President Donald Trump threatened on Thursday to withhold […]
Turkey to U.S.: end support for Syrian Kurdish YPG or risk confrontation
Turkish soldiers are pictured in a village near the Turkish-Syrian border in Hatay province, Turkey January 24, 2018. REUTERS/Umit Bektas January 25, 2018 By Tuvan Gumrukcu and Dahlia Nehme ANKARA/BEIRUT (Reuters) – Turkey urged the United States on Thursday to halt its support for Kurdish YPG fighters or risk confronting […]
ECB hits out at Washington for talking down the dollar
FILE PHOTO – European Central Bank (ECB) President Mario Draghi waits to address the European Parliament’s Economic and Monetary Affairs Committee in Brussels, Belgium September 25, 2017. REUTERS/Francois Lenoir January 25, 2018 By Balazs Koranyi and Francesco Canepa FRANKFURT (Reuters) – European Central Bank chief Mario Draghi took a swipe […]
American Airlines sees profits fall in 4Q
DALLAS – American Airlines reported Thursday that fourth-quarter profit slipped 11 percent as higher costs for fuel and labor offset rising revenue. Continue Reading Below The world’s biggest airline also predicted that 2018 earnings would easily surpass Wall Street’s expectations, a sign of continuing strong demand for travel. Still, American […]
Mom says daughter called her before dying in school rampage
One of the two teenagers killed in a shooting at a high school in Kentucky on Tuesday called her mom during the gunman’s rampage, the mother said. Secret Holt told WKRN-TV that her 15-year-old daughter Bailey Nicole Holt called her after the mother initially couldn’t reach her daughter. “She called […]
The 5 states with the highest and lowest paid politicians
If you think that politicians make a lot of money, you would be right — and also wrong. The amount that states pay governors, congressmen and senators varies greatly. For instance, Zippia reports that the governor of Pennsylvania is paid approximately $187,818 a year, and the governor of Maine is […]
Home Depot to give one-time bonus of up to $1,000
Home Depot is paying out one-time bonuses of up to $1,000 in cash to its hourly workers in the U.S., citing the recent tax overhaul. The home improvement retailer follows others doing the same, including Disney, Starbucks and Walmart. Home Depot Inc. said Thursday that the one-time bonus will be […]
Louvre Museum shuts down lower level as River Seine continues to flood
Following weeks of heavy rain in Paris, the River Seine continues to rise — now putting its famous Louvre Museum in danger. The water level is expected to reach 20 feet by Saturday, which is 13 feet higher than its normal height, according to the latest official weather bulletin. The […]