A boost in equipment sales propelled Caterpillar's first-quarter profit, as a strong global economy helped support construction and energy industry projects. The maker of heavy equipment and machinery also greatly increased its outlook for the year, citing an upbeat global markets, better pricing and demand. Profit for the quarter ended March 31 rose eightfold to $1.67 billion, or $2.74 per share, while revenue surged 31 percent to $12.86 billion. Construction equipment sales rose 38 percent during the quarter, while energy and transportation equipment sales rose 26 percent. Caterpillar increased its full-time workforce by 4.6 percent to 99,700 employees between March of 2017 and 2018 to help meet higher demand.
April 24, 2018 12:37 UTC
How long you expect to live for is important for working out how much money you'll need in retirement. However, thinking how long your retirement will last, doesn't attract the same amount of attention. This matters a great deal because it determines how long your retirement will be, and, therefore, how long your money needs to last too. Expected Length Of Retirement By Retirement AgeAuthor's analsis/SSA 2013 dataRules Of ThumbSo, putting it all together, the following rules of thumb can be useful when thinking about retirement. However, it's also important to remember that the age when you retire determines, in part, how long your retirement will last.
April 24, 2018 12:33 UTC
"Secret Forest" is a funny (odd) piece, and Fujikura is, here, a funny (ha-ha) composer. Born in Osaka in 1977 and living now in London, he told the audience that he has always been a big city guy. Like most Japanese, he fancies the idea of forests, but he also rebels against nature, and he's not so sure the forest likes him. The few times he's visited one, he's had allergy attacks. He said he does like the sound of rain but does not like getting wet.
April 24, 2018 12:22 UTC
This is the web version of the Capital Journal Daybreak newsletter. Click here to get the newsletter delivered to your inbox. Here’s your daily briefing on politics and power from Jerry Seib and the rest of the WSJ Washington bureau. Here’s what’s happening today: –President Donald Trump meets with French President Emmanuel Macron, and they hold a […]
Source:Wall Street Journal
April 24, 2018 12:21 UTC
"Cambridge Analytica is no Bond villain." Cambridge Analytica didn't use any of the Facebook data in the work it did for Trump's campaign and it never did any work on the Brexit campaign, Mitchell said. On Tuesday, a Cambridge University academic said the suspended CEO of Cambridge Analytica lied to British lawmakers investigating fake news. Cambridge Analytica allegedly used the data to profile U.S. voters and target them with ads during the 2016 election to help elect Donald Trump. Data science in modern campaigning helps those campaigns, but it is still and always will be the candidates who win the races."
April 24, 2018 12:15 UTC
ROTA, Spain — Spain looks set to take charge of the European Union’s anti-piracy operation off Somalia despite a challenge from Italy, as EU countries compete for the spoils from Britain’s departure from the bloc next year. With Brexit due in just 11 months, Spain wants to host the headquarters of the EUNAVFOR Atalanta operation at its southern port of Rota, where U.S. troops are also stationed. An estimated 95 percent of EU trade by volume passes through or near the Gulf of Aden. But Spain and France are banking on it being renewed amid growing instability in Somalia. In any case, for senior EU officials, Spain’s naval credentials are impeccable.
April 24, 2018 12:13 UTC
“American Idol” viewers had already spoken on the fate of drag queen Ada Vox, failing to vote the performer into the next round. But thankfully, the viewers aren’t judges Katy Perry, Lionel Richie and Luke Bryan. The three made an “executive decision” Monday to advance Vox into the Top 10 immediately after her performance. Viewers voted for six contestants, and the judges chose four additional performers to join them. As seen below, the singer earned it, belting out a rigorous rendition of Jennifer Holliday’s “And I Am Telling You I’m Not Going.” The crowd on the live episode chanted Ada’s name afterward.
April 24, 2018 12:11 UTC
Lebanese police officials say an operative with Lebanon's militant Hezbollah group was killed when a bomb he was holding went off in his home in the country's south. The officials say it isn't clear what the operative, identified as Bilal Hassan, was doing with the bomb and now it got onto his home. Lebanon's private Al-Jadeed TV says Hassan was actually holding a grenade cartridge for a rocket-propelled-grenade launcher. The state-run National News Agency said a "strange object" exploded in his house on the edge of the southern port-city of Sidon. They said Hezbollah members inspected Hassan's house after the blast and were later followed by policemen who opened an investigation in the case.
April 24, 2018 12:11 UTC
On Wednesday evening, the Ventura Police Department received a call about a homeless man “yelling and being disruptive” in the city’s promenade area, a bustling boardwalk flush with restaurants. Charnell Smith, center, co-owner of Aloha Steakhouse in Ventura, wipes away tears during a moment of silence at Ventura City Hall for Anthony Mele Jr., 35, who was stabbed to death in the restaurant. In a statement last week, police promised to increase patrols in the promenade area, a move that has drawn concern from social workers and homeless advocates. Ventura police officers Tim Davis, left, and Schuyler Heard patrol the Ventura boardwalk on Monday. Ventura Mayor Neal AndrewsJackson was arrested by Ventura Police in a March domestic violence incident, according to Simon.
April 24, 2018 12:01 UTC
"It's one of the oldest, most storied and successful studios of all time," he said. "The chance to bring it back to its rightful place was really exciting, and the chance to do it with really talented people is a thrill in itself. So, why not?"
April 24, 2018 12:00 UTC
It went down to the wire, but CIA Director Mike Pompeo narrowly won the approval of the Senate Foreign Relations Committee as secretary of State, averting an embarrassing rebuke for President Trump. Pompeo appears on track to be confirmed by the full Senate later this week, with some Democrats lining up behind him. Still, most Democrats remain concerned that Pompeo would advocate for military force, not diplomacy, and would fail to serve as a counterbalance to Trump.
April 24, 2018 12:00 UTC
The opposition insists that Sargsyan's resignation is just the first step in the political transition they were pushing for. With a red rose in his hand, protest leader Pashinian led the procession to the memorial complex on Tuesday afternoon. The opposition will continue to rally until "a full transfer of power" happens and a "people's candidate" is elected prime minister, Pashinian said. The Armenian opposition will be naive to crack open the champagne unless Sargsyan's allies, Karapetian in particular, are out, analysts warned. The ministry said Russia is following developments in Armenia closely and wishes the country a smooth and peaceful political transition.
April 24, 2018 11:50 UTC
The actor-turned-artist seemingly took aim at former FBI Director James Comey with the new picture he shared online Monday:One of President Donald Trump’s greatest adversaries appears to be the subject of Jim Carrey’s latest biting political portrait. The portrait shows a man who looks like Comey being told during confession: “Of course God forgives you, my son. But the rest of us aren’t quite there yet!”The image is captioned: “The road to Trump’s White House was paved with good intentions.”The caption appears to refer to Comey’s admission in his new book, A Higher Loyalty, that he believed Democratic nominee Hillary Clinton would defeat Trump in the 2016 election and that expectation may have influenced his handling of the investigation into her use of a private email server. In recent weeks, Carrey has used his artwork to mock Trump, his allies and various members of his administration ― including former New York Mayor Rudy Giuliani:
April 24, 2018 11:48 UTC
Pakistani police on Tuesday arrested the father and the uncle suspected in an "honor" killing of a 25-year-old Italian citizen, a woman of Pakistani origin who refused to marry the man they chose for her. Members of the Pakistani community in Brescia, Italy, rallied this weekend there, demanding the truth about her death. Cheema graduated from high school in Brescia, receiving Italian citizenship last September. If confirmed, her case will be the second recently publicized honor killing in Punjab where the father and the ex-husband of a British-Pakistani woman, Samia Shahid, were charged in 2016 over her rape and murder. The trial in Shahid's case is still underway but her father died last year, leaving only her ex-husband in the docks now.
April 24, 2018 11:38 UTC
Fraternity brothers at Syracuse University face suspension or expulsion after being linked to a second video showing inappropriate behavior, this time depicting the mock sexual assault of a person with disabilities. The school said on Monday it had filed complaints against 18 Theta Tau fraternity members alleging violations of its code of conduct, including behavior that threatens the mental health or safety of anyone or any group, disorderly conduct and harassment. The school permanently expelled the fraternity on Saturday after a first video was leaked, showing fraternity brothers reciting an oath to forever hate African Americans, Hispanics and Jews. Student newspaper The Daily Orange then obtained a second video of young men inside the Theta Tau fraternity house who appear to be forcing another person, seated in a chair and wearing a helmet, to mimic performing oral sex on three individuals. “He’s drooling out of his mouth, because he’s retarded in a wheelchair,” one person can be heard saying.
April 24, 2018 11:37 UTC