2020-09-27@04:39:25 GMT
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    Trump administration takes aim at international students again FDA Under Fire For Not Regulating Thousands of Chemicals in Your Food Taxes are about to rise for New Jersey millionaires. There aren’t many ways to duck the levies Gov. Phil Murphy reached an accord with state legislators on increasing the tax rate on those who earn more than $1 million annually to 10.75%, up from 8.97%. Mitigating taxes on a New Jersey state return could be easier said than done. The Garden State curbs certain tax write-offs, including deductions for charitable giving and contributions to health savings accounts. Other strategies for those who are near the $1 million threshold: raising 401(k) plan contributions or taking income from tax-exempt bonds....
    Florida’s DeSantis Seeks Tough Penalties for Protesters Prices for These Types of Meat Have Fallen Significantly Why TikTok deal could mean big growth for Walmart’s ads business Walmart confirmed over the weekend it had tentatively agreed to purchase a 7.5% stake of TikTok in the U.S. It could be a boon for the retailer's tiny but growing advertising business.  © Provided by CNBC Walmart confirmed over the weekend it had tentatively agreed to purchase a 7.5% stake of TikTok in the U.S., alongside Oracle's larger 12.5% stake. Load Error That deal could be a boon for the retailer's tiny but growing advertising business.  Although it's known for its big-box stores, Walmart has an advertising business...
    Suspects open fire on home of New Jersey police officers and newborn baby; reward offered Insider Retail: McDonalds Travis Scott collaboration is a success, but its spicy chicken nuggets disappoint S&P 500 Declines for a Third Day as Tech Shares Slide Stocks traded lower Friday amid signs of a patchy U.S. recovery and as global coronavirus infections have started surging again. Tech shares were the leading decliners. © TheStreet S&P 500 Declines for a Third Day as Tech Shares Slide The Dow Jones Industrial Average fell 176 points, or 0.63%, to 27,725. The S&P 500 was down 1.08%, falling for a third straight day, and the Nasdaq was down 1.59%. Oracle , Apple and Microsoft traded to...
    Transfer news: USMNT’s Sergino Dest to Barcelona 18 Random Amazon Finds That Will Make an Aries Say, “I Need That” Snowflakes complicated ties to Amazon are a big risk as investors prepare for one of years hottest IPOs Snowflake has committed to spending $1.2 billion on Amazon Web Services, which has software that competes with Snowflake. Amazon started taking Snowflake more seriously in 2018, people familiar with the matter said. © Provided by CNBC Frank Slootman, CEO, Snowflake Snowflake's stock market debut on Wednesday has generated buzz on Wall Street because investors almost never see a company with close to $500 million in annualized revenue that's still doubling every year. Load Error Yet one of Snowflake's...
    Lions still want to mix in other backs with Adrian Peterson Amazon is selling the perfect knitted dress- and its just £19.99 Vedanta Wins Case Against India for $499 Million Claim (Bloomberg) -- India’s top court ruled that Vedanta Ltd. is entitled to recover a $499 million arbitration award from the federal government for developing oil and gas fields off the coast of India’s Andhra Pradesh state. © Bloomberg Signage for Vedanta Resources Ltd. is displayed at the company's office building in Mumbai, India, on Thursday, March 6, 2020. The world’s most expansive lockdown to contain the coronavirus could slow the pace of distressed dealmaking in India, according to Vedanta Head of Mergers and Acquisitions Aarti Raghavan. The Supreme...
    CBS HQ AM template: For September 16 50 Black actors who made entertainment history Cargill Went Shopping for China Assets on Jack Ma’s Auction Site (Bloomberg) -- Taobao, China’s answer to Amazon.com, sells everything from groceries to clothes to knickknacks -- and more recently has also become a platform for the top food trader to make a strategic expansion. © Bloomberg Soybeans are sold at a stall in a wholesale grains market in Shanghai, China, on Tuesday, June 16, 2020. Chinese soy processors need more soybeans for the fourth quarter and early next year as supplies from Brazil taper off seasonally. Cargill Inc., the agribusiness giant that’s also America’s largest privately-held company, won a judicial auction to buy a...
    Nuggets stun Clippers with historic 3-1 comeback Net-a-porter Names New ‘Vanguard’ Designers Vedanta Wins Case Against India for $499 Million Award Claim (Bloomberg) -- India’s top court ruled that Vedanta Ltd. is entitled to recover a $499 million arbitration award from the federal government for developing oil and gas fields in India’s Rajasthan state. © Bloomberg Signage for Vedanta Resources Ltd. is displayed at the company's office building in Mumbai, India, on Thursday, March 6, 2020. The world’s most expansive lockdown to contain the coronavirus could slow the pace of distressed dealmaking in India, according to Vedanta Head of Mergers and Acquisitions Aarti Raghavan. The Supreme Court on Wednesday rejected the Indian government’s petition, which had said that billionaire...
    Have I not been pessimistic enough? In a recent column, you may recall, I argued that retirees are caught on a treadmill fueled by low interest rates. On the one hand those low rates are crucial to keeping the stock bull market going, but on the other hand those rates mean that your portfolio dollars don’t go as far as they did previously. In short, retirees are having to run faster just to stay even. Read: How to buy 10 years of retirement for $3,650 Gloomy as this was, it was nothing compared with the picture painted by the popular Financial Samurai blog. As fellow columnist Shawn Langlois summarized, the author of this blog in effect argued that you would...
    As Paxton experiences setback, Yankees, Os rained out 23 Reasons Were Glad We Grew Up in the 70s J.C. Penney Posts Steep Sales Decline for Second Quarter (Bloomberg) -- J.C. Penney Co. sales plunged 45% in the second quarter as the department-store chain entered bankruptcy and struggled with an accelerated shift away from physical stores and the Covid-19 outbreak. © Bloomberg A closed JC Penney Co. store stands in Mt. Juliet, Tennessee, U.S., on Thursday, April 16, 2020. J.C. Penney is skipping an interest payment, putting the struggling retailer on the path toward a potential default on its debt. Net sales fell to $1.39 billion in the period ended Aug. 1 from $2.51 billion a year earlier, the company...
    Louisiana police officer on leave and 2 others were pulled from duty after Black teen arrested at bowling alley Brilliant restaurants doing home delivery in every state Bargain-hunter favorite Century 21 to close its doors for good Century 21 Stores — a destination for bargain hunters looking for fat deals on designer dresses and shoes, cosmetics and housewares for nearly 60 years — has filed for Chapter 11 bankruptcy and is winding down its business, shutting all 13 stores across New York, New Jersey, Pennsylvania and Florida. © / Getty Images New York Cityscapes And City Views In a statement, Century 21 said that the decision followed nonpayment by the company's insurance providers of approximately $175 million due under...
    Chargers WR Keenan Allen signs extension reportedly worth more than $80M Meals you can make with 3 ingredients Israel to Ask U.S. for Arms to Offset UAE F-35 Sale, Report Says (Bloomberg) -- © Photographer: Christopher Furlong/Getty Images Europe OXFORD, ENGLAND - FEBRUARY 19: An F35-B Lightning stealth jets, which will take over capabilities from Tornado force, fly off the wing of an RAF Voyager during air to air refueling, as Tornado GR4's take part in farewell fly-past over Britain on February 19, 2019 in Oxford, England. Nicknamed the "Tonka" by aviation enthusiasts, the Tornado GR4 will took part in a series of flypasts to commemorate the aircraft's contribution to defending the UK as it is retired from...
    You might want to hold off on that Winnebago. The 4% Rule has long been used as a guideline for retirees in determining how much they should be able to withdraw from their retirement account while still maintaining a balance that will allow for the same income stream to flow through their golden years. But here’s a stark reality check from the man behind the popular Financial Samurai blog: “ ‘The 4% Rule as a safe withdrawal rate in retirement is dead.’ ” He explained to MarketWatch on Monday that the outdated rule was established back in 1998 by a group of professors at a time when the 10-year bond yield averaged 5%. “Therefore,...
    Messis father tells Spanish league his son is free to leave 20 Skeleton Puns You Can’t Help But Find ‘Humerus’ Weekend reads: An early warning sign for Tesla’s stock TOP TEN © Bloomberg A 'Tesla Street' sign at the Tesla Inc. Gigafactory construction site in Gruenheide, Germany. The tech-heavy Nasdaq Composite Index, after a long and steady rally this year, suffered its biggest two-day loss since mid-March to close out the week. Load Error Before those declines, there were warning signs from Wall Street analysts who ordinarily shy away from rating any stock a “sell.” Shares of Tesla (TSLA) had more “sell” ratings than “buy” ratings, and so did 62 other stocks in the Russell 1000 Index (RUI) William...
    Legend 2 Legend with Burt Watson, Episode 1: Chael Sonnen Never put this in your body before bed if you want to sleep, doctors say Unemployment rate falls below 10% for first time since March The high U.S. unemployment rate improved in August, falling to 8.4% last month from 10.2% in July, as more Americans went back to work. But the rate of hiring has slowed each month this summer, a signal that the economic recovery from the coronavirus pandemic may be losing steam. © Getty Images Unemployed Hospitality And Service Workers Lead Caravan Die-In In Florida Employers added 1.4 million jobs in August, the Labor Department said on Friday. That pace of hiring would have been extraordinary before the...
    Cleveland police officer shot and killed, sparking manhunt 100+ discounts that will save seniors money Merger talk drives up Spanish banks — a bright spot on a tough day for European equities EUROPE MARKETS © AFP via Getty Images The new headquarters of Merger talk for two Spanish banks drove up Europe’s financial sector on Friday, proving a bright spot in a tough session as investors remained stymied on the heels of a selloff driven by losses for high-flying technology stocks. Load Error A day after tumbling 1.4% in a late-day slide, the Stoxx Europe 600 index (XX:SXXP) was flat at 366.37, vacillating between gains and losses, and headed for a loss of just over 0.5%. The French...
    Offseason report cards for every NFL team How well do you remember 1969? Merger talk for Spanish banks drives up European equities, a day after Wall Street-led selloff EUROPE MARKETS © AFP via Getty Images The new headquarters of Merger talk for two Spanish banks drove gains for European markets on Friday, with gains in the financial sector helping to smooth the nerves of investors rattled by Wall Street’s biggest selloff since early June. U.S. stock futures indicated further losses for battered technology stocks, though. Load Error After tumbling 1.4% in a late-day slide, the Stoxx Europe 600 index (XX:SXXP) was up 0.4% to 367.60. The index opened 0.9% lower. The French CAC 40 (FR:PX1) and the German DAX...
    MLB trade deadline tracker: Rumors, deals Selena Gomez Wants Rare Beauty To Feel Like Home For Everyone Former Trump aide Steve Bannon border wall fraud trial set for May 2021 A federal judge ordered that Steve Bannon, a former top aide to President Donald Trump, and three co-defendants begin their trial on charges of defrauding donors to a campaign to build a border wall on May 24, 2021. Bannon and three associates, Timothy Shea, Brian Kolfage and Andrew Badolato, are accused of defrauding donors as they raised "more than $25 million to build a wall along the southern border of the United States." Federal prosecutor have said that Bannon received $1 million in funds from We Build the Wall, and...
    Online school means online tests, along with computerized surveillance How to Stuff a Turkey the Right Way (for the Juiciest, Most Flavorful Result) New wave of layoffs points to fresh hurdles for U.S. economic recovery heading into the fall ECONOMIC PREVIEW © Getty Images A few people check in at the American Airlines counter in Fort Lauderdale. American plans to lay off or furlough up to 19,000 workers. Airline carriers have been crushed by a huge drop in flying during the pandemic. A flurry of fresh layoffs and furloughs in the U.S. is posing a new hurdle for a fragile economic recovery whose momentum appears to have flagged. Load Error A handful of large airline carriers and hotel...
    Blake no longer shackled to bed, attorney says How to Stuff a Turkey the Right Way (for the Juiciest, Most Flavorful Result) Centricus, Triller Seeking to Buy TikTok Assets for $20 Billion (Bloomberg) -- Centricus Asset Management Ltd. is seeking to buy TikTok’s operations in the U.S. and several other countries from ByteDance Ltd. for $20 billion, according to a person familiar with the matter. © Bloomberg The TikTok logo is displayed on a smartphone in this arranged photograph in London, U.K., on Monday, Aug. 3, 2020. TikTok has become a flash point among rising U.S.-China tensions in recent months as U.S. politicians raised concerns that parent company ByteDance Ltd. could be compelled to hand over American users’ data...
    Bayern insist on opening new Bundesliga season 13 Brilliant Organizing Shortcuts You’ll Wish You Knew Sooner Dow buoyant and Nasdaq sets fresh intraday record as home-sales report surges 25% for July MARKET SNAPSHOT © MarketWatch photo illustration/iStockphoto U.S. stocks gathered a little steam early Friday as investors parsed a pair of economic reports that came in better than expected. Load Error Investors have been hedging their bets about the economic recovery from COVID-19 by increasing purchases in technology and e-commerce shares, which are deemed more resilient to the economic damage from the pandemic. How are stock benchmarks faring? The Dow Jones Industrial Average (DJIA)  rose 67 points, or 0.2%, to reach 27,801; the S&P 500 (SPX)  was...
    FIFA suspends 2 more Haiti officials in sexual abuse inquiry States with the most super commuters Americans Say the Price Tag for Retirement Security Is $1.9 Million Financial security comes at a high price, at least according to most Americans. A recent Schwab survey of workers who are investing in 401(k) plans reveals that, on average, these investors believe they need to save $1.9 million for their retirement. This hefty sum is a big increase compared with last year's survey, when 401(k) participants on the whole believed $1.7 million would buy them financial security in their later years.  © Provided by The Motley Fool Americans Say the Price Tag for Retirement Security Is $1.9 Million This raises two big questions:...
    DNC Roll Call showcases diverse, singular beauty of the US Coronavirus updates: Big changes at NFL games; Florida passes 10,000 deaths; Pope warns against the rich getting vaccine first Airbnb prepares for IPO despite coronavirus hit Airbnb on Wednesday filed preliminary paperwork for selling stock on Wall Street, undaunted by a global pandemic that has taken some wind out of its home-sharing business. © SOPA Images In this photo illustration the American online marketplace The San Francisco-based company said it submitted a draft registration statement to the Securities and Exchange Commission. It kept details in the statement confidential. Airbnb said the number of shares in the company it plans to sell and their price hasn't yet been determined. The timing...
    Report: NBA players’ union expects next season to begin in February or so How Covid-19 is transforming grocery e-commerce in Dubai Bain on Hook for $543 Million Break Fee If Virgin Deal Fails (Bloomberg) -- Bain Capital has agreed to pay A$750 million ($543 million) should it fail to buy Virgin Australia Holdings Ltd., an unusually high break fee that helped win over the collapsed airline’s administrator. © Bloomberg Aircraft operated by Virgin Australia Holdings Ltd. stand at Sydney Airport in Sydney, Australia, on Friday, August 17, 2020. Bain Capital’s resurrection of collapsed airline Virgin Australia Holdings Ltd. faces mounting legal opposition as bondholders rally to derail the takeover and salvage some of their debt. The U.S. private equity...
    Violent crime soars during pandemic as confidence in police takes a hit Beloved grocery stores that are gone forever Oklahoma Oil Driller Chaparral Files for Bankruptcy Protection (Bloomberg) -- Chaparral Energy Inc. filed for bankruptcy protection for the second time in four years, another financial reckoning for one of the many cash-starved shale drillers punished by sluggish oil prices. © Bloomberg An active oil pump jack operates at a parking lot in Signal Hill, California, U.S., on Tuesday, April 21, 2020. American crude surged above $13 a barrel after President Donald Trump ordered the navy to destroy any Iranian gun boats that harass American ships at sea. The company filed for Chapter 11 in U.S. Bankruptcy Court in Delaware....
    USPS mailboxes removed in Oregon cities as officials cite declining mail volume 22 Companies That Have Actually Benefited From the Pandemic Congress fails to reach stimulus deal, leaving tens of millions of Americans desperate for relief Even as one of the worst financial downturns in U.S. history rages on, Congress has failed to reach a deal on a relief package. The delay in additional unemployment benefits, stimulus checks and eviction protections could have lasting impacts on tens of millions of Americans who without aid can't cover their rent or food bills. © Provided by CNBC Shenerah Nelson is facing eviction during the pandemic. Shenerah Nelson used to pay her rent with the money she made driving for...
    Daniel Cormier is fighting for much more than the heavyweight title at UFC 252 13 Steps to Painting a Room Like a Pro Mall owner Simon, Authentic Brands to acquire denim retailer Lucky out of bankruptcy for $140.1 million Sparc, which is made up of the U.S. mall owner Simon Property Group and the apparel licensing firm Authentic Brands Group, is set to acquire denim maker Lucky Brand out of bankruptcy.  The deal price is for $140.1 million.  Sparc said it will negotiate with landlords to keep Lucky's "key stores" open in North America.  © Provided by CNBC A pedestrian walks by a Lucky Brand retail store on July 06, 2020 in Corte Madera, California. Los...
    Padres proving they can play in Dodgers league These Companies That Filed for Bankruptcy Also Awarded Their CEOs Huge Bonuses Stein Mart files for bankruptcy and plans to close most, if not all, of its stores The off-price retailer Stein Mart has filed for Chapter 11 bankruptcy protection and plans to shutter most of its stores.  Stein Mart operates 281 stores across 30 states in the U.S., according to its website.  More than 40 retailers have filed for bankruptcy so far this year, according to a tracking by S&P Global Market Intelligence.  © Provided by CNBC A Stein Mart store in King of Prussia, PA. The off-price chain Stein Mart announced Wednesday it has filed for Chapter...
    A free agent after Bellator 243, Michael Chandler keeping options open 15 Best Costco Finds for a Cheap and Easy Side Dish New York Times digital revenue tops print for first time in watershed moment, CEO says The New York Times Co. for the first time Wednesday reported higher revenues from its digital business than its print operations.  CEO Mark Thompson told CNBC it is a "watershed moment" in the paper's nearly 170-year history. "And we don't think it's likely we're going to go back from this moment," Thompson said on "Power Lunch." The stock is up almost 44% year to date and closed Wednesday's session at $47.38 per share.  Click to expand Replay Video UP NEXT...
    White Sox look to hang another loss on Brewers American treasures you dont want to miss: Road trip stops in every state Bank of Ireland Shares Gain as CEO Sees Reasons For Optimism (Bloomberg) -- Bank of Ireland Group Plc shares rose the most in almost two months, as the lender’s CEO suggested the economy is proving more resilient than expected in the face of the coronavirus outbreak. The company’s shares rose as much as 11% in Dublin to 2.04 euros, the highest level since June 8, giving Ireland’s biggest lender a market value of 2.2 billion euros. The shares traded at 1.95 euros as of 9:55 a.m. © Bloomberg Shares rose 10% after first half earnings In an...
    Schools find theres no one size fits all approach to returning to campus during coronavirus outbreak How to Thaw Ground Beef So It Defrosts in Time for Dinner Bank of Ireland Shares Surge as CEO Sees Reasons For Optimism (Bloomberg) -- Bank of Ireland Group Plc shares rose the most in almost two months, as the lender’s CEO suggested the economy is proving more resilient than expected in the face of the coronavirus outbreak. The company’s shares rose as much as 11% in Dublin to 2.04 euros, the highest level since June 8, giving Ireland’s biggest lender a market value of 2.2 billion euros. © Bloomberg Shares rose 10% after first half earnings In an interview with Bloomberg Television,...
    Q&A: TikTok saga continues with Microsoft talks. Now what? McDonalds CEO seems to hint at an upgraded chicken sandwich Garmin reportedly paid hackers a multimillion dollar ransom to recover files after a cyberattack that left their services offline for several days last month © Tobias Schwarz/Getty Images Garmin was the victim of a major cyberattack Tobias Schwarz/Getty Images Garmin paid a multimillion dollar ransom to recover its data from hackers after they held the files for ransom, Sky News reported Monday. The GPS company was the victim of a major ransomware attack last month that led to a multi-day outage of its services including its smartwatches and aviation products. Garmin paid the money through cybersecurity firm Arete IR...
    Dominic Leone, Mike Freeman, Cam Hill make Indians Opening Day roster Christian Dior Highlights the Traditions of Lecce, Italy with Its Resort 2021 Collection New York Times Said to Pay About $25 Million for Serial Podcast (Bloomberg) -- New York Times Co. agreed to buy Serial Productions, the company behind the pioneering “Serial” podcast, as it builds up an audio lineup that includes shows like “The Daily” and “1619.” © Photographer: Michael Nagle/Bloomberg Pedestrians pass in front of the New York Times Co. building in New York. As part of the Times operations, Serial will continue to commission and edit stories, the newspaper company said in a statement Wednesday. Terms of the deal, which was reported earlier by the...
    Soccer: Public have the wrong idea of footballers, says FIFPRO Bridger Walker praised by Anne Hathaway for saving sister from dog attack Sorrell’s S4 Raises $146 Million for ‘Aggressive’ Deal Chase (Bloomberg) -- S4 Capital Plc, the digital advertising and marketing group founded by former WPP Plc boss Martin Sorrell, raised 116 million pounds ($146 million) in a stock offering to fund acquisitions. © Bloomberg Martin Sorrell, chairman of S4 Capital Plc, pauses during a Bloomberg Television interview in London, U.K., on Monday, March 18, 2019. "We’ve got two little in-fill acquisitions that we'll be doing shortly," Sorrell said during the interview. The company sold 29.7 million shares to a mix of existing and new investors at 315 pence...
    Steelers DL Cameron Heyward defends Colts OL Quenton Nelson after critical tweet Your Weekly Horoscope: July 13 - 19 European markets head for positive open, shrugging off surge in coronavirus cases European stocks are expected to open higher Monday. Earnings season kicks off in the U.S. London's FTSE is seen opening 52 points higher at 6,154, Germany's DAX is expected to open 156 points higher at 12,777, France's CAC 40 is seen 56 points higher at 5,019 and Italy's FTSE MIB 239 points higher at 19,935, according to IG. European stocks are expected to open higher Monday despite the backdrop of surging coronavirus cases in some parts of the world, and as investors approach earnings season. Load Error London's FTSE...
    Bolivias interim president has COVID-19 but ‘feels strong’ Astrologer Walter Mercado Gave Us Hope for a Better Tomorrow Stock-market risks for remainder of 2020 ‘are completely to the downside,’ says BofA analyst KEY WORDS © Getty Images It’s a bearish call from an analyst who ‘wouldn’t paint [herself] as a bear.’ Many analysts have spent the past few weeks advising investors to buy the dips and pointing to unprecedented levels of fiscal and monetary stimulus, among other things, as reasons to be bullish on stocks. Not BofA head of equity research Savita Subramanian. On a midyear outlook briefing conducted this week via webinar, Subramanian explained that her year-end target for the S&P 500 (SPX) is 2,900, implying an 8%...
    June 30 in sports history: A brief glimpse at Magic kingdom 6 popular US traditions that are actually Canadian Amid pandemic, Americans making a $320 million retirement mistake The coronavirus pandemic has been incredibly costly for millions of people across the country. More than 45 million Americans have filed for unemployment benefits since the start of the pandemic, and although some states have started slowly reopening businesses, many people are still struggling to make ends meet. © Getty   The CARES Act aimed to help those who are facing financial hardship due to COVID-19, and it includes a provision that allows Americans to withdraw up to $100,000 from their retirement accounts without facing an early withdrawal penalty. Load Error...