Shares of Raytheon (NYSE: RTN) have climbed 29% so far this year, giving investors in the company little reason to complain. But one side-product of the soaring stock price is a rather pedestrian 1.64% dividend yield. Given the company’s suddenly inflated valuation, trading at more than 25 times trailing 12-month […]
FAN Editor
States ask US court to keep up health subsidies cut by Trump
SACRAMENTO, Calif. – Top government lawyers representing 19 U.S. states on Wednesday asked a federal judge in California to force the administration of President Donald Trump to make health care subsidy payments that Trump abruptly cut off last week. Continue Reading Below The monthly payments would normally be scheduled to […]
EBay’s profit forecast disappoints, shares fall
File photo – The eBay app is seen on a mobile phone in this illustration photo October 16, 2017. REUTERS/Thomas White/Illustration October 18, 2017 By Aishwarya Venugopal and Jeffrey Dastin (Reuters) – EBay Inc warned Wall Street on Wednesday that profit this quarter could fall below analysts’ estimates as it […]
China third-quarter GDP growth likely to cool as property, debt curbs bite
FILE PHOTO: A worker helps load steel bars onto a truck at warehouse of the Baifeng Iron and Steel Corporation in Tangshan in China’s Hebei Province August 3, 2015. REUTERS/Damir Sagolj/File Photo October 18, 2017 By Kevin Yao BEIJING (Reuters) – China is expected on Thursday to post a modest […]
Kenneth Chenault to step down as AmEx CEO after nearly 17 years
File Photo – American Express Chairman and CEO Kenneth Chenault gestures during the White House summit on cybersecurity and consumer protection in Palo Alto, California February 13, 2015. REUTERS/Robert Galbraith October 18, 2017 By Pallavi Dewan (Reuters) – American Express Co said its chairman and chief executive Kenneth Chenault would […]
Iowa governor pushes Trump to preserve ethanol quotas
DES MOINES, Iowa – Iowa’s Republican governor on Wednesday called on President Donald Trump and his administration to preserve a federal program mandating that biofuels such as corn-based ethanol be blended into gasoline and diesel following a proposal from the Environmental Protection Agency to lower production targets for renewable fuels. […]
Russian internet trolls sought to co-opt unwitting American activists
From their desks in St. Petersburg, Russian internet trolls at a company with ties to Russian President Vladimir Putin sought to co-opt American civil rights activists and use them to stoke racial tensions and stir political unrest, authorities said. Congressional investigators tell ABC News that two online groups — BlackMattersUS […]
Trump gives $25K to fallen soldier’s father, months after to promising to on call
President Donald Trump has sent a $25,000 gift to the father of a 22-year-old U.S. Army corporal killed in Afghanistan in June, several months after first making the pledge during a personal phone call with the family, the White House confirmed to ABC News. The father, Chris Baldridge of Zebulon, […]
‘American Chopper’ is coming back to Discovery Channel
“American Chopper” will return to the Discovery Channel next year, five years after its first run on the network ended. Continue Reading Below The reality series follows feuding father and son motorcycle builders Paul Teutul (TUHT’-ehl) Sr. and Paul Teutul Jr. as they put together chopper-style bikes for a high-profile […]
Mexican fishing group: Proposed fish ban to hurt tuna catch
MEXICO CITY – A group representing Mexico’s leading fish canners says a proposal to create a non-fishing marine park off the Revillagigedo Islands in the Pacific could reduce catches in Mexican waters by 20 percent. Continue Reading Below The Pacific Alliance for Sustainable Tuna says the ban could cut annual […]