Last Updated Jan 24, 2018 6:44 PM EST TURKEY-SYRIA BORDER — In a phone call Wednesday, President Trump urged Turkish President Recep Tayyip Erdogan to limit an assault on a Kurdish enclave in northern Syria or risk conflict with American forces. The United States, which supports the Kurds, finds itself […]
FAN Editor
What Trump’s offshore drilling plan won’t accomplish
Trump administration officials floated a plan earlier this month to open most of the U.S. coastline to oil exploration, a broadside that immediately drew jeers from coastal state officials and environmentalists. But experts say those decrying the proposal probably need not fear: The laughably broad scope of the plan — […]
Meryl Streep joins cast of HBO’s megahit “Big Little Lies”
LOS ANGELES — Meryl Streep will star in the second season of “Big Little Lies,” HBO said Wednesday, adding yet another high-profile lead to the Nicole Kidman-Reese Witherspoon drama. In a statement Wednesday, HBO said Streep will play Mary Louise Wright, the mother-in-law of Kidman’s character, Celeste. Mary Louise comes seeking […]
How major US stock indexes fared on Wednesday
NEW YORK – U.S. stocks wobbled and finished mostly lower on Wall Street as technology companies including chipmakers dropped. Industrial companies were weighed down by steep losses in airlines. Continue Reading Below On Wednesday: The Standard & Poor’s 500 index gave up 1.59 points, or 0.1 percent, to 2,837.54. The […]
Technology stocks sink, pulling indexes lower; dollar falls
NEW YORK – U.S. stocks bounced up and down and finished mostly lower Wednesday as technology companies slumped. Commerce Secretary Wilbur Ross discussed a more nationalist trade stance, with uncertain effects for the market. The dollar, already at three-year lows, got even weaker. Continue Reading Below Stocks got off to […]
Authentically handmade? How to know amid mass production
NEW YORK – Guatemalan women skilled in traditional Mayan beadwork technique have made chic pillows and pouches for West Elm. Hand-dyers in India, using petals collected from discarded Hindu temple floral offerings, help craft scarves for Eileen Fisher and Anthropologie. Baskets hand-woven in Rwanda are part of the home decor […]
Ford earnings swing to profit, but miss Wall Street’s target
Ford said its quarterly earnings swung to a profit in the fourth quarter, but fell shy of analysts’ expectations on Wednesday. The second-largest U.S. automaker blamed the miss in part on rising commodity prices and unfavorable foreign exchange rates. Here’s how the company did compared with what Wall Street expected: […]
Caterpillar’s stock is ‘out-of-control overbought’ ahead of its earnings report, a strategist says
Over the last year, Caterpillar’s shares have bulldozed their way to new records. Yet that sudden and steep rally has at least one market watcher questioning its sturdiness. “The stock has had a great run but it’s kind of gone vertical in the last two months,” said Matt Maley, equity […]
Under new tax policy United Technologies to pay down debt from Rockwell Collins faster, says CEO
United Technologies will be able to pay off its debt sooner than expected as funds freed up by the new tax law flow back to the U.S., United Technologies Chairman and CEO Gregory Hayes told CNBC. The U.S. manufacturer of jet engines typically repatriates about $1 billion a year in […]
“Murphy Brown” returning to CBS for 13-episode run
A current-day revival of the comedy series “Murphy Brown” will air on CBS for the 2018-2019 broadcast season, CBS Entertainment announced Wednesday. The network has granted a 13-episode series production commitment to bring back the series, which originally aired from 1988 to 1998. The show will return to a world […]