An offshore earthquake with a magnitude of 6.3 hit 302 km (188 miles) west of Bandon, Oregon, on Wednesday, the United States Geological Survey (USGS) said. The quake was recorded at a depth of about 10 km, according to the USGS website. No immediate tsunami warning was posted.
Turkish banks are pulling back on credit to consumers and businesses. Even by Turkish standards the steel industry is in a tough spot, as Mr. Dalbeler conceded. President Trump imposed a 50 percent tariff on Turkish steel after talks broke down to win the release of the detained pastor, Andrew Brunson. Years ago, Mr. Dalbeler said, Iraq was the Turkish steel industry’s biggest market. “In oncology there are no substitutes,” Mr. Sarialioglu said.
Stocks in emerging markets fell sharply Monday as a financial crisis in Turkey that sent its currency plummeting last week worsened. Turkey shares led the way lower, as the iShares MSCI Turkey ETF (TUR) plunged about 11 percent. The Turkish currency fell more than 14 percent on Friday after President Donald Trump announced he was doubling metals tariffs on Turkey. Turkey's central bank tried to ease global investors' fears on Monday, stating it will provide as much liquidity as needed to the cou
Discovery missed analyst estimates for quarterly profit on Tuesday, as the owner of Discovery Channel and Animal Planet took on more costs related to integration of the recently acquired Scripps network. Discovery completed the $11.9 billion acquisition of Scripps in March integrating Scripps' largely female-focused lifestyle channels such as HGTV, Travel Channel and Food Network with Discovery's channels, whose viewers are primarily male. However, profit fell as Discovery's costs nearly doubled
The Wright-Patterson Air Force Base said that it has determined that there was no active shooter at its medical center despite reports of an active shooter incident. In a tweet, the base said that a reported active shooter incident occurred during a scheduled exercise that included an active shooter scenario taking place at another location. An unknown individual called 911 believing that there was an active shooter at the base's hospital, according to the statement. Federal and state authoritie
At Carports & More, based in El Dorado Hills, California, nearly half of the 65 job candidates scheduled for interviews the past month didn’t show up. At VoiceNation, an Atlanta area call center, a similar share of the 10 hires the company was making each month never came in to work. In the hottest job market in decades, workers are holding all the cards. A growing number are "ghosting" their jobs: blowing off scheduled job interviews, accepting offers but not showing up the first day and even v
Disney shares downgraded to sell on concern the battle for Fox has placed company in an unwinnable situation
Disney's shares are up 9 percent this month amid the battle for Fox and hopes of overall industry consolidation in the wake of a judge's decision on Tuesday to allow the AT&T-Time Warner merger proceed. On Wednesday, Comcast bid $65 billion for the Fox units currently set to be acquired by Disney. Comcast's cash bid represents a 19 percent premium to Disney's offer in stock. "For the moment we are leaving our valuation of Disney and leaving the assumptions incorporated into our model unchanged.
The shocking deaths of iconic fashion designer Kate Spade, 55, and gifted chef and storyteller Anthony Bourdain, 61, are spurring important discussions about mental health. They are also a chilling reminder that a sudden death can affect any family. A number of the leading causes of death in the United States are events that could happen without warning. Regardless of the cause, an unexpected death has an enormous impact on a family mentally, emotionally and physically. It can also affect family
If you're working hard but are in disbelief about the state of your bank account, you're not alone. A recent national survey revealed that 44 percent of Americans could not afford a $400 emergency expense without borrowing or selling off assets. Luckily, you can put more money in savings while still living comfortably with one surprisingly simple fix: It's time to revisit household budgeting. As a certified financial planner, I recommend breaking down your finances into three categories: spend,