South Korea’s Olympic peace overture to its nuclear-armed northern neighbor is increasingly coming under fire. Hopes are high in some quarters that sports diplomacy could advance denuclearization talks, and North Korean leader Kim Jong Un’s decision to participate in the upcoming Winter Games was hailed as a win for inter-Korean […]
FAN Editor
Dollar smarts from Mnuchin’s comments, hits three-year low; euro awaits ECB test
A U.S. Dollar note is seen in this June 22, 2017 illustration photo. REUTERS/Thomas White/Illustration January 25, 2018 By Shinichi Saoshiro TOKYO (Reuters) – The dollar skidded to a three-year low against its peers on Thursday after caving on comments by U.S. Treasury secretary Steven Mnuchin that he welcomed a […]
Johnson & Johnson Down Small on Huge Loss — What Gives?
On this episode of the Market Foolery podcast, Chris Hill chats with Jim Mueller from Stock Advisor and Motley Fool Options and Abi Malin of Hidden Gems about the biggest news in the market today. Continue Reading Below Johnson & Johnson (NYSE: JNJ) lost almost $11 billion this quarter, but […]
Woman in Los Angeles alleges Russell Simmons raped her in 2016
LOS ANGELES — A Los Angeles woman is suing music mogul Russell Simmons, alleging he raped her at his home in 2016. An attorney for 37-year-old Jennifer Jarosik filed the lawsuit Wednesday. She is one of six women who have publicly leveled allegations against Simmons saying he raped them. Simmons has […]
APNewsBreak: Maids to ask Las Vegas hotels for panic buttons
LAS VEGAS – The union representing tens of thousands of hotel workers in Las Vegas will ask casino-resort operators to give every housekeeper a “panic button” as it begins negotiating new contracts amid the #MeToo movement against sexual misconduct. Continue Reading Below Leaders of the Culinary Union will bring the […]
Trump administration backs bills to toughen foreign investment rules
U.S. President Donald Trump at the White House in Washington, U.S. January 23, 2018. REUTERS/Jonathan Ernst January 25, 2018 WASHINGTON (Reuters) – The Trump administration supports bipartisan bills in Congress to toughen U.S. foreign investment rules amid growing concern about Chinese efforts to buy U.S. high-tech companies, the White House […]
Veteran US diplomat quits Myanmar’s ‘whitewash’ Rohingya crisis panel
Veteran U.S. diplomat Bill Richardson has resigned from an international panel set up by Myanmar to advise on the Rohingya crisis, saying it was conducting a “whitewash” and accusing the country’s leader Aung San Suu Kyi of lacking “moral leadership”. Richardson, a former Clinton administration cabinet member, quit as the […]
Netflix, Inc. Earnings: Stellar Growth, But Dreadful Cash Flow
Netflix (NASDAQ: NFLX) soared past expectations during the fourth quarter, posting extremely strong subscriber growth both in the U.S. and internationally. The combination of a rapidly growing subscriber base, a recent price increase, and a weaker U.S. dollar caused revenue to surge nearly 33% year over year last quarter. Management […]
Great Quotes, Volume 7: On the Essential Trait of Strong Leaders
This week, David Gardner cleanses his podcasting palate from last week’s Rule Breaker Investing show about his worst losers by bringing us some of his favorite quotes. Continue Reading Below In this segment, he quotes pioneering organizational psychologist and theorist Karl Weick, on the subjects of adaptability and why a […]
How Under Armour’s Performance Went From Bad to Worse in 2017
This past year was supposed to mark the beginning of Under Armour‘s (NYSE: UAA) (NYSE: UA) turnaround. Following surprisingly weak 2016 results, CEO Kevin Plank said in late January that the company was at an “inflection point” that would allow for reduced, but positive, sales growth and just a slight […]