HARTFORD, Conn. – A long-awaited, bipartisan compromise state budget agreement — repeatedly dubbed historic — was expected to pass the Connecticut Senate early Thursday morning with strong support, possibly ending a monthslong budget impasse. Continue Reading Below Both Democratic and Republican senators praised the two-year plan crafted by legislative leaders. […]
FOX Business News
Why Alaska Air Group Stock Crashed on Wednesday
What happened Continue Reading Below Shares of Alaska Air Group (NYSE: ALK) collapsed on Wednesday, falling as much as 14.2% after the airline reported third-quarter earnings. Alaska Air’s profit missed analyst estimates by only a penny, coming in at $2.24 per share, adjusted for one-time items, versus analyst expectations of […]
U.S. oil prices extend decline on crude inventory build
U.S. oil prices extended declines on Thursday after government data showed a surprise climb in U.S. crude inventories. Continue Reading Below NYMEX crude for December delivery was down 2 cents at $52.16 a barrel by 0107 GMT, after ending the last session down 29 cents, or 0.6 percent. London Brent […]
Weinstein Co. targeted in new claims of sexual misconduct
NEW YORK – Attorney Gloria Allred on Wednesday pressed The Weinstein Co. to create a “substantial” fund to pay out settlements to alleged victims of the film’s company’s former co-chairman Harvey Weinstein. Continue Reading Below Allred, in her second press conference in two days, revealed the latest woman — actress […]
The Latest: Senate begins debating bipartisan budget deal
HARTFORD, Conn. – The Latest on the Connecticut Senate voting on a bipartisan budget compromise (all times local): Continue Reading Below 11 p.m. The Connecticut Senate has begun debating a bipartisan two-year state budget. Both Democratic and Republican leaders said Wednesday they expect the plan will pass with strong support. […]
The Latest: Ivanka Trump pitches child tax credits on Hill
WASHINGTON – The Latest on Republican plans to overhaul the tax code (all times local): Continue Reading Below 10:20 p.m. Ivanka Trump is teaming up with Republican legislators to ensure the GOP tax-overhaul package includes an expansion of the child tax credit. The White House adviser and presidential daughter appeared […]
Better Buy: Ferrellgas Partners, L.P. vs. WGL Holdings
Income investors looking for dividend stocks that provide exposure to midstream and downstream natural gas industries may cast their eye upon Ferrellgas Partners LP (NYSE: FGP) and WGL Holdings (NYSE: WGL). The former is the owner and nationwide distributor of Blue Rhino propane tanks, and it pays out a sizable […]
3 Stocks for a Bull Market
Let’s rewind for a second back to March 2009. The markets were tanking, folks were worried about liquidity at banks, and it seemed like just about everyone was asking for a bailout. There was blood in the streets. Continue Reading Below If someone would have said back then that the […]
Art magazine publisher resigns over sexual harassment suit
NEW YORK – A publisher of a renowned art magazine resigned Wednesday, the same day a former employee filed a lawsuit accusing him of sexually harassing her for years. Continue Reading Below The New York Times reports the suit filed in state court in Manhattan accuses Knight Landesman of harassing […]
Price Hikes Insulate Celgene From a Failure
After independent monitors concluded a phase 3 trial of GED-301 in Crohn’s disease was a failure, Celgene (NASDAQ: CELG) shelved its plans to develop this drug for use in that billion-dollar indication. The setback is bruising for the company because management spent $710 million upfront to license it just three years ago. The failure […]