Gun owners who want specialized insurance for their firearms may have less access to one kind of policy following a shooting massacre in Florida last month. Insurance company Chubb said on Feb. 23 that it will stop underwriting an insurance policy for gun owners called NRA Carry Guard. The National […]
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Sophia Amoruso: ‘Women are beginning to write our own history’
Entrepreneur and Nasty Gal founder Sophia Amoruso says that now, more than ever, women have the opportunity to rewrite history. “I think historically women have been spoken to in a way that is very fear-mongering,” Amoruso says to Recode. “Women, it feels like, are beginning to write our own history […]
Investors staged a near-record exodus from US stocks in February
February’s brutally volatile market saw investors flee U.S. stocks in near-record numbers, and they’re only slowly coming back. Funds that focus on domestic equities saw investors withdraw $41.1 billion during the month, according to data from TrimTabs, which said it was the third-most in the market data firm’s records. Global […]
Prosecutors ask judge to put ‘pharma bro’ Martin Shkreli in prison for at least 15 years
Convicted “pharma bro” fraudster Martin Shkreli is a man without any “genuine remorse” who should be sentenced to at least 15 years in prison for his crimes, federal prosecutors told a judge Tuesday That is much longer than somewhere in the range of 12-to-18 months in prison that Shkreli’s lawyers […]
Larry Kudlow: I urged Cohn to stay because Mnuchin and he are the ‘twin pillars’ of Trump’s economic team
Top White House economic advisor Gary Cohn and Treasury Secretary Steven Mnuchin are the “two pillars” of Trump’s fiscal team, longtime economist Larry Kudlow told CNBC on Tuesday. Kudlow, a confidant of President Donald Trump, spoke as stocks were falling, with the Dow Jones industrial average down more than 100 […]
Hero student in Florida shooting rampage to sue school system
The lawyer for a Florida teen shot five times in the bloody rampage at Marjory Stoneman Douglas High School has given notice of what would be the first lawsuit filed against Broward County officials stemming from the Feb. 14 tragedy. Anthony Borges, 15, was hailed a hero by classmates who […]
West Virginia teachers reach deal to end strike with 5% raise
A strike by West Virginia teachers ended on Tuesday with a deal to raise pay for all state workers by 5 percent after more than a week of protests across the Appalachian state, the governor and educators’ union said. More than 277,000 students were out of the classroom for nine […]
Mnuchin backs tariffs, but says country ‘not looking to get into trade wars’
Treasury Secretary Steven Mnuchin asserted that the U.S. is not provoking a global trade war but instead wants its companies to get equal treatment in other countries. Should President Donald Trump get concessions on NAFTA, the 24-year-old trade pact with Mexico and Canada, he likely will exclude the two nations […]
Analyst double-take: Credit Suisse slashes its McDonald’s target a day after reiterating forecast
Credit Suisse is less bullish on its recommendation for McDonald’s shares after talking to some franchisees. “We have spoken with three McDonald’s franchisees across the US to gauge trends so far in 1Q18. While these checks are anecdotal, they have been directionally helpful in the past. McDonald’s franchisees consistently reported […]
Trump tweets: There are people in the White House ‘that I want to change’
President Donald Trump said Tuesday he wants to change some members of his White House, while assuring that “there is no chaos, only great energy!” In a tweet, Trump pushed back against a slew of recent news reports describing “chaos” among White House staff. Trump tweet: The new Fake News […]