Workers make a pipe connection on the Orion Perseus drilling rig, Webb County, Texas. Eddie Seal | Bloomberg | Getty Images The U.S. oil industry shook up the world energy order in the last decade, and now it has been going through a shakeout of its own that is expected […]
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Judge orders early prison release for convicted ex-WorldCom CEO Bernie Ebbers, citing accounting fraudster’s dire health
A federal judge ordered the early release from prison of former WorldCom CEO Bernie Ebbers — mastermind of one of the biggest accounting frauds in history — on Wednesday as a result of his dire medical condition. Ebbers, 78, had served about 13 years of his 25-year prison sentence for […]
What do the critics think? A roundup of reviews for ‘Star Wars: The Rise of Skywalker’
John Boyega, Daisy Ridley and Oscar Isaac in “Star Wars: The Rise of Skywalker” coming to theaters Dec. 20th, 2019. Closing out a 42-year-old saga was never going to be easy. After harsh criticism over creative choices in “Star Wars: The Last Jedi,” the final installment in the most recent […]
Nike earnings, jobless claims, home sales: 3 things to watch for in the markets on Thursday
Seen through a store window, a Nike employee stands in the entryway of the Nike SoHo store in New York City. Drew Angerer | Getty Images Here are the most important things to know about Thursday before you hit the door. 1. Nike earnings on deck Shoe giant Nike reports […]
Pelosi opens final House debate on Trump impeachment: ‘He gave us no choice’
House Speaker, Nancy Pelosi speaks ahead of a vote on two articles of impeachment against U.S. President Donald Trump on Capitol Hill in Washington, U.S., in a still image from video December 18, 2019. Source: HouseTV WASHINGTON — House Speaker Nancy Pelosi, D-Calif., called on members of Congress to stand […]
The thing that freaked everyone out about a recession is now moving in the opposite direction
Traders work on the floor of the New York Stock Exchange Bryan R. Smith | AFP | Getty Images The yield curve, which flashed the biggest recession signal in more than 10 years and sent shock waves through the financial markets just a few months ago, is now signaling things […]
One options trader just made a $2 million bet on Johnson & Johnson. Here’s why it could work out
Despite massive fallout from a major scandal that nearly took out the entirety of its 2019 gains, Johnson & Johnson has still managed to push itself 11% higher this year. The stock has rebounded just about right up to its 2019 highs, and a big call from one of the […]
The US oil industry shook up the world energy order, and now it’s shaking out
Workers make a pipe connection on the Orion Perseus drilling rig, Webb County, Texas. Eddie Seal | Bloomberg | Getty Images The U.S. oil industry shook up the world energy order in the last decade, and now it has been going through a shakeout of its own that is expected […]
Millennial investors in California are fleeing to these 3 tax havens: survey
lechatnoir Millennial investors residing in California are packing their bags for friendlier tax climes. That was one of the findings from a recent analysis by financial services firm Wealthfront. The company studied more than 200,000 clients, defining millennials as those born between 1980 and 1994. Half of the young clients […]
House begins final debate over Trump impeachment vote
U.S. House Speaker Nancy Pelosi (D-CA) discusses the status of the impeachment inquiry into U.S. President Donald Trump on Capitol Hill in Washington, U.S., December 5, 2019. Erin Scott | REUTERS WASHINGTON — The House convenes Wednesday morning for a final day of debate before members vote on whether to […]