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Emerging markets shares drop on deepening Turkey crisis

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

By | 2018-08-12T17:00:00+00:00 August 12th, 2018|companies, news, Uncategorized|0 Comments

Discovery profit misses on Scripps acquisition costs

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

By | 2018-08-06T17:00:00+00:00 August 6th, 2018|companies, news, Uncategorized|0 Comments

Workers are ‘ghosting’ interviews, blowing off work in a strong job market

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

By | 2018-07-19T17:00:00+00:00 July 19th, 2018|companies, news, Uncategorized|0 Comments

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.

By | 2018-06-17T17:00:00+00:00 June 17th, 2018|companies, news, Uncategorized|0 Comments

Sudden deaths like those of Kate Spade and Anthony Bourdain can devastate family finances

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

By | 2018-06-07T17:00:00+00:00 June 7th, 2018|companies, news, Uncategorized|0 Comments

This simple budget can help you save way more without sacrificing your lifestyle

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,

By | 2018-04-12T17:00:00+00:00 April 12th, 2018|companies, news, Uncategorized|0 Comments

Cramer Remix: How to play Nvidia in a volatile market

CNBC's Jim Cramer is confident that he's pinpointed the real cause of the market-wide sell-off that has weighed on stocks for much of the week. Very few stocks can withstand hedge-fun-led pain like this, Cramer warned. "Nvidia reported after the close and it was down hard all day today because of this nonsense I'm describing. But this stock managed to rally in the after-market because the quarter was that fantastic," Cramer said. "If we get a huge down opening tomorrow, which is certainly likely

By | 2018-02-07T16:00:00+00:00 February 7th, 2018|companies, Uncategorized|0 Comments

Amazon Prime Air pilots to protest at shareholders meeting

When Mike Griffith, a career pilot, learned last year that his company Atlas Air signed a big contract to fly for Amazon's Prime Air program, he was ecstatic to take part in what he believed to be the future of logistics. Griffith, 52, is so concerned about his company's ability to hold up its end of the Amazon deal that he's heading to Seattle for its shareholders meeting on Tuesday. Griffith will be picketing along with about 50 other pilots from Atlas and air cargo conglomerate Air Transport

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

The 10 colleges that produce the most billionaires

We've all heard about college dropouts who became billionaires. Bill Gates, Mark Zuckerberg and Michael Dell all left college without a diploma only to succeed wildly. According to research firm Wealth-X, 70 percent of billionaires have a bachelor's degree. Wealth-X also provided CNBC with the top "billionaire universities" in the world, along with the number of current billionaires who received degrees (bachelor's, master's, MBA, JD, MD or PhD) from each. Read on to see which institutions yield

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments

Facebook leaks reportedly reveal why it allows some videos of suicide and deaths to stay online

Facebook's internal guidelines on how it deals with a swathe of posted content from violence to revenge porn, has been leaked and published by The Guardian. The documents reveal the often strenuous conditions moderators work under which includes having to make a decision on whether a post should be removed in just 10 seconds, according to the report. The Guardian said it had seen over 100 internal training manuals, spreadsheets and flowcharts, on how Facebook moderators treat issues such as viol

By | 2017-05-21T17:00:00+00:00 May 21st, 2017|companies|0 Comments
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