HONG KONG – Asian shares pushed higher Friday on investor optimism over the global outlook despite uncertainties over the outcome of political events in China and Japan and speculation over Trump’s choice for the next Fed chief. Continue Reading Below KEEPING SCORE: Japan’s benchmark Nikkei 225 crept less than 0.1 […]
FOX News
Bobby Flay’s Bar Americain in NYC to close early next year
NEW YORK – Celebrity chef and restaurateur Bobby Flay says he will close his New York restaurant, Bar Americain, early next year. Continue Reading Below Flay and his business partner, Laurence Kretchmer, said in a statement that renewing the lease for the brasserie in midtown Manhattan would have required an […]
Japan standards inspectors search Kobe Steel over faked data
TOKYO – Japan’s industrial standards inspection agency has searched offices of metals maker Kobe Steel as investigations into falsified data on its products widen. Continue Reading Below Japan’s national broadcaster NHK and other media said Friday that the Japanese Industrial Standards Committee was conducting onsite inspections at the company. Major […]
Orange is the new white? Unique amber wine creates buzz
BURDETT, N.Y. – The sloping vineyards of New York’s Finger Lakes region known for producing golden-hued rieslings and chardonnays also are offering a splash of orange wine. Continue Reading Below The color comes not from citrus fruit, but by fermenting white wine grapes with their skins on before pressing — […]
Oil rises on tighter fundamentals, but China warning holds back market
Oil prices edged up on Friday, supported by signs of tightening supply and demand fundamentals, although a warning about excessive China economic optimism still weighed somewhat on markets. Continue Reading Below Brent crude futures, the international benchmark for oil prices, were at $57.39 at 0420 GMT, up 16 cents, or […]
Closing arguments set in deadly meningitis outbreak trial
BOSTON – Attorneys are preparing to make their closing arguments in the case of a Massachusetts pharmacist charged with second-degree murder in a deadly meningitis outbreak. Continue Reading Below Closing arguments in Glenn Chin’s trial are expected Friday in Boston’s federal courthouse. Chin faces second-degree murder, mail fraud and other […]
Senate passes budget blueprint key to Trump tax effort
President Donald Trump’s drive to overhaul the U.S. tax code cleared a critical hurdle on Thursday when the Senate approved a budget blueprint for the 2018 fiscal year that will pave the way for Republicans to pursue a tax-cut package without Democratic support. Continue Reading Below By a 51-to-49 vote, […]
Democrats fail to block Arctic reserve oil drilling
U.S. Senate Democrats on Thursday failed to pass a measure to block oil and gas drilling in part of the Arctic National Wildlife Reserve, losing to Republicans who believe production there would provide jobs and wealth. Continue Reading Below An amendment blocking the development failed 48-52, mostly along party lines. […]
Why is Alphabet Investing in Lyft Now?
Ride-hailing start-up Lyft has a big new investor: Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL). Continue Reading Below Lyft announced on Thursday that CapitalG, Alphabet’s investment fund, is leading a $1 billion financing round for Lyft. The move follows an agreement made in May between Lyft and Alphabet’s self-driving subsidiary Waymo to […]
3 High-Yield ETFs for Retirees
Retirees look back with envy at the days before the Great Recession. Back then, a simple money market fund could fetch you 4% with absolutely no risk at all. These days, you’re lucky if you can find something approaching 1.5%. Continue Reading Below But don’t despair. There are alternatives, and while […]