SAN JUAN, Puerto Rico – Puerto Rico’s governor on Sunday demanded that the board of the island’s power company cancel the $300M contract with Whitefish Energy Holdings amid increased scrutiny of the Montana company’s role in Hurricane Maria recovery efforts. Continue Reading Below The announcement by Gov. Ricardo Rossello comes […]
FOX Business News
Iceland heads to coalition talks after vote; Populists gain
REYKJAVIK, Iceland – Iceland’s ruling Independence Party took the largest share of the vote in the island nation’s parliamentary election but faces difficult negotiations to form a new government after populist candidates showed unexpected strength. Continue Reading Below A record eight parties won seats in Saturday’s vote as the 2008 […]
Confusion coming with California’s legal marijuana
LOS ANGELES – California is kicking off recreational marijuana sales on Jan. 1, but there will be plenty of confusion as the new market takes shape. Continue Reading Below Some places are banning sales, while only a small number appear ready to issue licenses. That means there could be limited […]
Nike Just Poured Gasoline on the Retail Bonfire
It’s already been a terrible year for traditional retailers. Continue Reading Below Thus far, the industry has announced plans to close 6,700 stores this year, more than any other year on record, and there’s still two months left in 2017. It’s clear what’s driving this shake-up. The rise of e-commerce […]
3 Biotech Stocks That Turned $1,000 Into More Than $5,000 This Year
It’s been a banner year for anyone who started 2017 holding shares of AVEO Pharmaceuticals, Inc. (NASDAQ: AVEO), XOMA Corporation (NASDAQ: XOMA), or Dynavax Technologies Corporation (NASDAQ: DVAX). All three of these stocks have risen more than 400% this year, and there are still a couple of months to go. Continue Reading […]
Support for Legalizing Marijuana Hits Another Record High, National Survey Shows
Few, if any, industries are growing as quickly as legal marijuana. According to Marijuana Business Daily‘s 2017 report, “Marijuana Business Factbook 2017,” legal U.S. weed sales are expected to grow by 30% in 2017, 45% in 2018, and an aggregate of 300% between 2016 and 2021 to approximately $17 billion. This […]
Killing of Maltese journalist silences anti-corruption voice
BIDNIJA, Malta – A few hundred meters from the home of Maltese investigative journalist Daphne Caruana Galizia, in the field where the flaming wreckage of her car landed after being blown off the road by an assassin’s bomb, a plastic pen is stuck into the ground near a Maltese flag. […]
At least 5 killed in storms in Central Europe
BERLIN – At least five people died and several were injured Sunday as high winds knocked down trees, left homes without electricity and caused widespread travel chaos across much of Central Europe. Continue Reading Below Two people died in Poland as a result of the heavy winds, including a man […]
Is an Interest-Only Mortgage Ever a Good Idea?
Survivors of the Great Recession may remember that interest-only mortgages were a major factor in causing the housing crash and the ensuing economic train wreck. Yet in the last few years, these mortgages have reappeared as an option for some homebuyers. Should you consider getting an interest-only mortgage? Continue Reading […]
5 Things You Need to Know From Gilead Sciences’ Q3 Update
You could probably fit the number of people surprised by Gilead Sciences‘ (NASDAQ: GILD) third-quarter results inside a phone booth — if you could even find one. Hepatitis C virus (HCV) drug sales plunged. HIV drug sales looked good. And Gilead still has a boatload of cash. Continue Reading Below […]