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George Soros Reportedly Lost $1 Billion After Donald Trump's Big Win

Which, of course means, he only has $29 or so billion left. Thanks to Soros's diversified portfolio, his funds still earned 5% on the year. Soros's former deputy who helped him score $1-billion of profits betting against the British pound in 1992...

2017 off to a good start for investors

Investors are also closely watching the corporate earnings season, which kicks off with big banks on Friday, to see if financial results can support the lofty valuations Wall Street is trading at. head of equity strategy at J.P. Morgan Private Bank i...

Morrisons sees best Christmas performance for seven years

Aldi and fellow discounter Lidl have provoked a ferocious price war in the supermarket sector as they gnaw away at the market shares of big four rivals. Both like-for-like and total sales grew, which was very encouraging ", the group's chief execut...

Russian Federation cuts oil output in January to comply with OPEC deal

Oil prices ended slightly higher last week. Analysts said the gains on Tuesday came from expectations that some of the cuts planned by the Organization of the Petroleum Exporting Countries (OPEC), especially Saudi Arabia and Abu Dhabi, would ma...

Facebook to insert mid-roll ads in non-live videos

While it could irk some viewers and lead to lower views, it should also encourage publishers to post more valuable videos now that they can monetize them. This presents them with a huge opportunity as well since over 100 million hours of Facebook v...

Fired Snap Employee Sues, Saying Company Inflated Growth Stats

In a heavily redacted complaint filed to the Los Angeles Superior Court this week, Pompliano says that he was sacked just three weeks into his job because he spoke out about the fudged numbers. Seven full pages and other portions of the 21-page fil...

Rush hour Rail Road derails in NY injuring at least 20

Some of the wounded carried away on gurneys into dozens of waiting ambulances. Some were taken to Brooklyn Hospital Center, Methodist hospital and Kings County hospital. Thirty people were killed and at least 80 were injured in the accident. "The...

Bluefin tuna nets 74 million yen at Tsukiji's New Year auction

Kiyomura Corp. owner Kiyoshi Kimura posed, beaming, after the predawn New Year auction with the gleaming, man-sized fish, which was caught off the coast of northern Japan's Aomori prefecture. In the United States, conservation groups are pushing to g...

Southwest offers $69 one-way fares between PHL and Fort Lauderdale

Southwest now flies from Dayton to Chicago, Tampa and Orlando. Officials at the Northern Kentucky-Cincinnati International Airport announced on Wednesday afternoon that the airport would soon offer flights from Southwest Airlines. Non-stop Saturday...

Gov. Cuomo, Bernie Sanders unveil free college tuition plan for New Yorkers

Cuomo announced the proposal, the first of his 2017 State of the State agenda, during an appearance at LaGuardia Community College in Queens. By the final year, NY students would be eligible if their families earn $125,000 or less annually.

Finland offers citizens free money

The first and most obvious is that they're expensive. This causes poverty as because of the lack of a source of income, a great number of people can not afford the basic necessities. What if providing citizen's with free money will reduce their incen...

Burke Ramsey files $1 billion defamation case over murder documentary

CBS declined to comment Wednesday on the lawsuit. A doctor featured on the show, also named in the lawsuit, believed Ramsey bludgeoned his sister to death. Nothing about that feels very good, especially for a case that's been dragged out into the l...

Roof has death penalty case hearing acting as own lawyer

Roof appeared at the hearing wearing his striped gray jail jumpsuit, handcuffed and shackled at the ankles. Shooting survivor Felicia Sanders - who testified earlier in court - plans to testify in the sentencing phase. Following those proceedings, G...

Tehran gets cut-price Boeing deal

Recently, Iran Air also announced an agreement with Boeing for 80 aircraft that includes 50 737 MAX 8s, 15 777-300ERs and 15 777-9s, valued at $16.6 billion at list prices. Airbus has agreed to sell 100 planes worth 18 to 20 billion United States ...

US Returns 10000-Acre Portion of Okinawa Training Ground to Japan

The return of land on Okinawa's Northern Training Area will reduce the footprint of U.S. forces on the Japanese island by 20 percent, reports U.S. Department of Defence . Twenty years have passed since Japan and the United States agreed on the land ...

Platinum Partners execs charged in $1B fraud

Several employees of a troubled NY hedge fund, Platinum Partners , were arrested earlier on Monday on charges of participating in an approximately $1 billion fraud. The executives allegedly inflated the value of Platinum's companies to investors "d...

Virginia, 18 other states file federal antitrust lawsuit against pharmaceutical companies

The Department of Justice accused two former Heritage Pharmaceuticals executives of conspiring to fix prices, rig bids and avoid competing with other drugmakers in marketing two generic drugs. Several generic drug companies have previously publicly ...

Gambia: UN chief 'dismayed' at military takeover of electoral commission

He added that Jammeh would be "strongly sanctioned" if he did not step down and hand over power to Barrow, without giving details. Gambian President Yahya Jammeh's ruling party challenged his defeat in a December 1 election at the Supreme Court on ...

US Postal Service truck goes up in flames in NC

A witness recorded video of the postal worker and a bystander rushing to rescue packages from the back of the truck before they succumbed to the blaze. Numerous packages saved were reportedly Amazon deliveries. "We are grateful for the quick respon...

OPEC production jumped before global deal on cuts, IEA says

Higher prices could also lure U.S. shale producers to ramp up their own output, which could potentially undermine the benefits of the OPEC deal. This followed Opec's announcement late last month that its members would reduce output by 1.2 millio...

(GM) Upgraded at Vetr Inc

In weighing to last quarter, TELUS Corporation posted EPS of $0.5 for the period ended on 2016-09-30. The share price of the stock plunged -83.26% for the year. The correct version of this news story can be accessed at http://sportsperspectives.com/2...

How the Dow Jones industrial average finished Friday

Investors are also preparing for the European Central Bank to expand its bond-buying stimulus program on Thursday. USA stocks are edging higher in midday trading, keeping major market indexes at record highs. Healthcare names tumbled early Wednesda...

FCA says to toughen up crowdfunding rules

The UK financial watchdog, the Financial Conduct Authority (FCA), is cracking down on equity crowdfunding after finding that most companies in the fast-growing industry were misleading investors about the risks. The findings also go some way to exp...

Carrier factory union chief standing ground against Trump

I was right on the numbers. According to Jones, Trump took credit for saving 350 jobs that weren't in jeopardy of leaving the U.S. He also said Trump failed to mention that almost 550 jobs would still be sent to Monterrey, Mexico. "So I take it with ...

Authorities to conditionally move from bridge near protest

The Army Corps of Engineers has denied a permit for the pipeline to cross under a Missouri River reservoir in the area. "The best way to complete that work responsibly and expeditiously is to explore alternate routes for the pipeline crossing".

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Breaking News

Iranian Ships Approach US Ships in Strait of Hormuz

A Navy official called the Iranian actions " unsafe and unprofessional ", The Washington Post reported . The prefix "USNS" means the ship belongs to the U.S. The Pentagon has pr...

Uber Greyball Program Helped Company Evade Authorities Around The World

Uber's bad year got worse this afternoon, when The New York Times reported that the company went to extraordinary lengths to circumvent investigations into its ride-hailing servi...

London pre-open: Stocks seen lower as investors eye Fed speakers

Several of Yellen's USA central bank colleagues in recentdays had also put a rise at the next rate-setting meeting onMarch 14-15 of the committee firmly in view. She cautioned tha...

Caterpillar stock tumbles on reports of federal prosecutor activity

The U.S. Attorney's Office also confirmed the searches in Peoria, East Peoria and Morton. To view the full article, register now. The company also received subpoenas requesting...

US Home Prices Continue To Soar - Will Homebuilders Benefit?

But if you want to look for the dark cloud in all of this I'll point out that Chicago is still tied with Phoenix for 4th from last place in terms of annual home price appreciation....

Palo Alto Networks Splashes £85 Million On Behavioural Analytics Firm LightCyber

Palo Alto Networks expects in the third quarter, the revenue of $406 million to $416 million and adjusted profit of 54 cents to 56 cents per share for the quarter. Palo Alto say...

Pro-Trump rally to be held Monday in Monmouth County

Indivisible Liberty is hosting an anti-Trump rally, around that time as well and they're gathering on the East Side of the Bridge of Lions. Supporters of President Donald Trump ...

Mnuchin: Trump Isn't Cutting Medicare, Social Security

The United States mainly taxes corporate income. Mnuchin said Trump was looking at a "reciprocal tax" that would help create more parity with other countries. One proposal, a bor...

"'Get Out" Blows Away Expectations with $30.5M Opening Weekend

Sticking with the horror genre at the box office , the fifth installment of the vampire vs. werewolf franchise, Underworld: Blood Wars debuted on January 6 at number 4 on the bo...

Tesla, Inc. Earnings: What to Expect From Gross Margin

You add a layer of difficulty when the electric vehicle in question is a Tesla Model S P100D with all-wheel-drive dual motor and over 700 horsepower. The company, which surprised...

Special Reports

LG K10 (2017) with SOS panic button launches at ₹13990 for India

LG K10 (2017) with SOS panic button launches at ₹13990 for India

Interestingly, the device is manufactured in company's Noida facility and comes with an 112 SOS panic button. For pictures, there is a front snapper of 5MP with 120 degrees wide an...

UPS Testing Drone Deliveries In Florida

UPS Testing Drone Deliveries In Florida

On Monday, shipping and logistics giant UPS performed its first test of a drone delivery, launching the autonomous copter from the roof of one of its shipping trucks. In between ...

Wal-Mart Tops Sales Expectations, Sending Stock Soaring

In the fourth quarter, Wal-Mart has generated $11.9 billion in operating cash flow and has returned $3.6 billion to shareholders through dividends and share repurchases. For the th...

Health Department Recommends Alabamians Get Flu Shots

For the predominant circulating influenza A type H3N2 flu strain, its effectiveness comes in at 43 percent. Effectiveness is estimated to be 73% for influenza B viruses. The deaths...

Trump Had Boeing CEO Listen In On Call About Lockheed With General

Trump first complained in December that costs are "out of control" for the F-35, alarming many in the Dallas-Fort Worth area, where thousands of jobs are dependent on the jets that...