BUCHAREST, Romania – Romania’s president is criticizing a tax overhaul adopted by the country’s left-wing government, saying it has generated instability and uncertainty. Continue Reading Below President Klaus Iohannis said the government’s decision to revise the tax code by adopting an emergency ordinance on short notice would hamper investment due […]
FOX News
Tech stocks fall as potential tax cut delay pressures stocks
NEW YORK – U.S. stocks are on track for their biggest losses in two months Thursday as technology and industrial companies and banks slump. Republicans in Congress say they might delay their proposed corporate tax cut to 2019, and investors are selling some of the stocks that have done the […]
e.l.f. Beauty Cuts Its Outlook on Industry Weakness
Cosmetics specialist e.l.f. Beauty (NYSE: ELF) announced solid sales growth, improving profitability, and rising market share in third-quarter earnings results this week. However, the company tempered that good news by sharply reducing its full-year outlook as competition heats up in the beauty industry. Continue Reading Below More on that updated […]
RT editor says company will register as foreign agent in US
MOSCOW – The chief editor of Kremlin-funded satellite TV channel RT says the company will accede to a U.S. demand to register as a foreign agent but intends to challenge the issue in court. Continue Reading Below RT reported Thursday that the U.S. Department of Justice has demanded the registration […]
Shares of Bristow Group Surge 45% on Earnings Announcement
What happened Continue Reading Below Shares of helicopter-service provider Bristow Group (NYSE: BRS) are up 44% as of noon EST today. Even though the company posted a loss for its fiscal second quarter 2018, the loss was better than Wall Street expectations. In addition, management raised guidance. So what On […]
New book alleges gay sex in Vatican dorm, shady banking
ROME – The Italian journalist who was put on trial by the Vatican for publishing confidential documents has penned a new book alleging a host of Catholic sins, including gay sex in the dormitory of the Vatican’s youth seminary. Continue Reading Below Gianluigi Nuzzi’s “Original Sin” went on sale Thursday. […]
Clue, Wiffle Ball, paper airplane enter Toy Hall of Fame
ROCHESTER, N.Y. – The board game Clue. In the National Toy Hall of Fame. With the Wiffle Ball and paper airplane. Continue Reading Below The mystery of which toys earned the status of toy superstardom was solved Thursday with the announcement of the hall of fame’s Class of 2017. The […]
Markets Right Now: Technology companies pull stocks lower
NEW YORK – The latest on developments in financial markets (All times local): Continue Reading Below 11:55 a.m. Stocks are sinking Thursday with technology and industrial companies taking the sharpest losses. EBay slid 3.8 percent and Microsoft fell 1.4 percent. Among industrial companies, Johnson Controls sank 3.7 percent and Boeing […]
Grains higher, livestock mostly lower
CHICAGO – Grain futures were higher Thursday in early trading on the Chicago Board of Trade. Continue Reading Below Wheat for Dec. delivery was up 5.20 cents at $4.32 a bushel; Dec corn gained 1.40 cents 3.4960 a bushel; December oats was 2.60 cents higher at $2.7220 a bushel while […]
Will your store credit card survive ‘retail apocalypse’?
Stroll your local mall and you may spot some empty storefronts where mannequins once stood draped in the latest fashions — possible casualties of what some have dubbed the “retail apocalypse.” Continue Reading Below Not everyone agrees it’s all doom and gloom for brick-and-mortar stores, but challenges certainly exist. Major […]