Crude oil hit its highest level in more than three years to start 2018, but one market watcher expects these gains to be short-lived. Crude oil blazed through the first few weeks of the year, as signs of a supply-demand balance set off commodities bulls. A rally sent oil prices […]
FAN Editor
How Costco Is Eating Sam’s Club’s Lunch
For many years, Sam’s Club has trailed warehouse club leader Costco Wholesale (NASDAQ: COST) in terms of sales and profitability. Wal-Mart (NYSE: WMT) has finally admitted that the status quo isn’t viable, and the company recently decided to close about 10% of the domestic Sam’s Club fleet. Continue Reading Below […]
Apple Inc. Might Be Planning to Kill the iPhone X Later in 2018
According to analyst Jun Zhang with Rosenblatt Securities (via Phillip Elmer-DeWitt), Apple (NASDAQ: AAPL) “may be planning to cut iPhone X production for the June quarter by as much as 10 million units.” Continue Reading Below That drastic reduction, the analyst says, would bring output in the quarter to just […]
Bank says executive is gone; no comment on harassment probe
NEW YORK – Bank of America has confirmed a high-profile senior executive has left the company, but it won’t comment on reports of an investigation into sexual harassment allegations. Continue Reading Below A spokesman for Charlotte, North Carolina-based Bank of America Corp. says Omeed Malik is no longer an employee, […]
Pope urges hope in visit to Peru area devastated by floods
Pope Francis celebrates a mass at Huanchaco beach in Trujillo, Peru January 20, 2018. REUTERS/Pilar Olivares January 20, 2018 By Teresa Cespedes and Philip Pullella TRUJILLO, Peru (Reuters) – Pope Francis, visiting an area of Peru that was devastated last year by heavy rains linked to climate change and plagued […]
Art by Guantánamo detainees
Ghaleb Al-Bihani, “Two Boats,” 2015. Water and ocean scenes are prominent, despite the fact that many detainees had never seen an ocean before their detention. Thompson asked a former detainee, “Why so much water?” He explained that prisoners were blocked from seeing the ocean – just yards from their cells […]
U.S. flu season has “lot more steam” than expected
NEW YORK — The flu season in the U.S. is getting worse. Health officials last week said flu was blanketing the country but they thought there was a good chance the season was already peaking. But the newest numbers out Friday show it grew even more intense. “This is a season […]
President Trump’s total travel costs have jumped over $13 million, a right-leaning watchdog says
The total cost of President Donald Trump’s travel expenses — including trips to his Mar-a-Lago estate in Florida, and Bedminster, N.J. golf club — has now surpassed $13.5 million, according to a report by Judical Watch. Through Freedom of Information Act requests, the conservative watchdog group accessed documents from the […]
A closer look at Trump’s job rating over his first year
At 37 percent, Donald Trump’s most recent approval rating is low by historical standards, but it’s remained fairly consistent since it first dipped into the mid-thirties back in June. President Trump continues to hold strong support from a few key groups, but he has made no permanent gains among the […]
Americans, Canadians kidnapped in Nigeria freed, police say
Two Americans and two Canadians who were kidnapped by gunmen in northern Nigeria earlier this week have been rescued, police said. The foreigners — three men and a woman — were rescued early Saturday in the Jere area of the Kagarko local government area of Kaduna state after a massive […]