Trump Campaign Talks Up Trade Deals as ‘Promises Kept,’ but Uncertainty Over China Lingers
WASHINGTON—President Trump is seizing on the trade deal with China as proof that he is delivering on his campaign promises, but whether that message resonates with voters could hinge on how the agreement plays out in the coming months. For now, Mr. Trump and his campaign say the deal with China—along with Thursday’s Senate passage of a reworked...
Source:Wall Street Journal
January 19, 2020 12:00 UTC
How to Raise a Billionaire: Maye Musk on Where Elon Gets His Drive
Long before the world became fascinated with Elon Musk, his mother Maye Musk worked to become a star in her own right. If you don't work, and you are resentful, it won’t be fun for your kids. You don’t need to spoil them. Teach your children good manners. You don’t need to spoil them...Let them look after themselves.
Source:Forbes
January 19, 2020 10:52 UTC
Contract Losses Sink Apollo’s Defense Bet
The spike in Middle East tensions may have come too late for Constellis Group, the defense contractor with roots in the Blackwater mercenary training firm founded by Erik Prince. The loss of key government contracts and a reduction in spending on U.S. diplomatic security have pushed Constellis to the brink of bankruptcy, wiping out a $455 million bet by its owner, Apollo Global Management LLC, according to people familiar with the matter. Constellis recently defaulted on its loan agreements and agreed to a forbearance pact...
Source:Wall Street Journal
January 19, 2020 10:30 UTC
Replacing the Wisdom of Crowds With the Wisdom of Fink
Climate change poses two distinct risks for investors, and a special one for fund managers. The pledge last week by Larry Fink, CEO of fund giant BlackRock Inc., to push clients toward environmental, social and governance investing highlights another risk: that markets are shifting from harnessing the wisdom of crowds to the wisdom of a handful of powerful money-management executives. Leave the pros and cons of ESG aside for a moment. Whatever you think of Mr. Fink’s view, his letter highlights the power he wields over the...
Source:Wall Street Journal
January 19, 2020 10:30 UTC
Forget The Halving—Could This Be What Sends Bitcoin Over $10,000?
The bitcoin price is still half of its all-time high set in late 2017 and significantly down on 2019's high of around $13,000 but bitcoin bulls appear to be back in control and have put Wall Street on notice. The bitcoin price has soared so far this year, adding around 30% and putting bitcoin on course for a ... [+] good 2020. The bitcoin price has more than doubled over the last month but bitcoin remains far from its 2019 ... [+] highs. CoinbaseIn other major bitcoin developments this year, Bakkt, a New York Stock Exchange-owner backed bitcoin and cryptocurrency venture, is planning to launch a consumer app for cryptocurrency purchases in 2020. Elsewhere, bitcoin bulls have cheered the news cryptocurrency asset manager Grayscale recorded inflows of $600 million last year, signalling institutional money has finally arrived in bitcoin.
Source:Forbes
January 19, 2020 10:18 UTC
Dan Gainor: Trump impeachment puts him at war with much of media
The impeachment campaign against President Trump is a battle pitting the president and his supporters against much of the news media. The media that lobbied for the impeachment of Trump ever since he was elected finally got Democrats to do their bidding and try once more to take down the president. So it was no wonder that journalists were angry when Sen. Martha McSally, R-Ariz., called CNN Senior Congressional Correspondent Manu Raju a “liberal hack.” Twice. Chris Matthews called the impeachment “sacramental.”Fellow MSNBC host Lawrence O’Donnell claimed to “The Al Franken Podcast” that CNN isn’t Never-Trump territory after all. CLICK HERE TO GET THE FOX NEWS APP“Rubin Report” Host Dave Rubin mocked the inside-the-Beltway mentality on impeachment, writing: “Is there anyone outside of the media bubble who cares about impeachment?
Source:Fox News
January 19, 2020 09:00 UTC
Norway says its new giant oil field is good for the planet. Critics call it climate hypocrisy
(CNN) It's not a boast you usually hear about an oil field: Norway says its huge new facility is great for the environment. Its critics, however, see Norway's third-biggest oil field ever as a perfect symbol of the Scandinavian country's climate hypocrisy. "Norway has a schizophrenic relationship with climate and oil and gas," Lars-Henrik Paarup Michelsen, CEO of the Norwegian Climate Foundation think tank, told CNN. Equinor, the Norwegian state company that operates the Johan Sverdrup field, is working hard to highlight the field's efficiency. According to the United Nations' Emission Gap Report, emissions from the oil and gas Norway sold abroad reached roughly 470 million tons in 2017.
Source:CNN
January 19, 2020 08:26 UTC
For Investing Success Tomorrow, Look Back To Yesterday
At that time, data, reports, articles and advice came primarily from periodicals (including specialty items like charts and stock data), company reports, newsletters and brokerage firm publications. An example of the “did not” was in 1996 when Federal Reserve Chairman Alan Greenspan voiced his “irrational exuberance” concern about the stock market. Chris Isidore’s reliance on only one measure -market capitalization- is a huge, amateurish mistake in judging the status of a company. Therefore, the proper comparison is GM’s 2020-adjusted market capitalization of $126 B, over 45% higher than Tesla’s $86.5 B. Ford’s adjusted market capitalization goes from $76.1B to $118.5B, 37% higher than Tesla.
Source:Forbes
January 19, 2020 08:03 UTC
These Syrian Women Rarely Left the House. Then the Men Disappeared.
ALEPPO, Syria — The women of eastern Aleppo were rarely visible before the war, but now they shape the bitter peace. In the poor, conservative districts of Syria’s ancient commercial capital, many women seldom used to leave the house, and only with their husbands if they did; the men not only won the bread, but also went out to buy it. Eight years and counting of bloodshed have condemned a generation of Syrian men to their deaths, to prison or to precarious lives as refugees. Single women worry they will never find husbands. Widows are supporting families gutted by losses that once seemed unendurable, and that the world now treats as routine.
Source:New York Times
January 19, 2020 07:52 UTC
Conor McGregor blasts Cerrone in 40 seconds in UFC return
McGregor stopped Donald Cerrone with a head kick and punches 40 seconds into the first round at UFC 246 on Saturday night, announcing his return to mixed martial arts with his first victory since 2016. PETA CALLS OUT CONOR MCGREGOR, 'COWBOY' CERRONE OVER PYTHON JACKET“I feel really good, and I came out of here unscathed," McGregor said. McGregor walked to the cage at UFC 246 with the Irish flag wrapped around his shoulders. After the referee stopped the bout, McGregor peeled away briefly to celebrate, but quickly returned to comfort his disoriented opponent. Modafferi was the biggest betting underdog on the UFC 246 card, facing 10-to-1 odds at some sports books.
Source:Fox News
January 19, 2020 07:30 UTC
Trail Blazers’ Trade Should Help In Long Term, But Short-Term Impact Remains To Be Seen
Those are the three players the Trail Blazers will add in a trade with the Sacramento Kings that was reported by ESPN Saturday. The deal also creates two trade exceptions, for $7.2 million and $1.7 million, although the Blazers could simply choose to let those expire in January. To get those three players, the Blazers gave up Bazemore, whom they had acquired in a trade from Atlanta for Evan Turner. Will the Blazers be better on the court this season because of the trade? With the luxury tax relief and greater roster flexibility, the long term looks better, and that’s a bigger priority.
Source:Forbes
January 19, 2020 07:30 UTC
Mumbai Marathon Shocker : One Died, 7 Suffers Heart Attack
The hospital PRO told ANI that 64-year-old Gajanan Maljalkar died of cardiac arrest while running the Mumbai Marathon today morning. He was declared brought dead. Eight people suffered heart attack while running the Mumbai Marathon 2020 on Sunday. While one was declared brought dead at the Bombay Hospital, the remaining were admitted to the hospital. Bombay Hospital PRO, #Mumbai : 64-year-old Gajanan Maljalkar died of cardiac arrest while running the Tata Mumbai Marathon today morning.
Source:Huffington Post
January 19, 2020 07:30 UTC
Delbert Africa, Philadelphia MOVE group member linked to cop's death, released after 42 years
Delbert Orr Africa, a member of the radical Philadelphia group MOVE, was reportedly released from a Pennsylvania prison Saturday, 42 years after he and eight other members were convicted of third-degree murder in a shootout that resulted in the death of a city police officer. Africa, 73, is the second to last of the nine convicted to be released or die in prison. The members maintain that Officer James Ramp was killed by a stray police bullet in the shootout, the Philadelphia Inquirer reported. I wanted to wreak as much havoc as I could until they put me down," Africa told the Guardian of her death. Dark times.”CLICK HERE TO GET THE FOX NEWS APPAfrica plans to hold a news conference Tuesday, the Inquirer reported.
Source:Fox News
January 19, 2020 06:11 UTC
What’s on TV Sunday: ‘Avenue 5’ and ‘9-1-1: Lone Star’
What’s on TVAVENUE 5 10 p.m. on HBO; stream on HBO platforms. Armando Iannucci, the creator of “Veep,” returns to HBO with this new black comedy starring Hugh Laurie. Set 40 years in the future, the show takes place on Avenue 5, a luxury space cruise ship that has taken off for an eight-week journey around Saturn. Among the film and actor nominees are “Parasite,” for outstanding cast; Adam Driver, for best actor; and Lupita Nyong’o, for best actress. In television, nominees include “Game of Thrones,” for best drama series, and “The Marvelous Mrs. Maisel,” for best comedy series.
Source:New York Times
January 19, 2020 06:00 UTC
UFC 246 Final Payouts: Conor McGregor Trounces Other Fighters With $3 Million Payday
LAS VEGAS, NEVADA - JANUARY 17: Conor McGregor of Ireland poses on the scale during the UFC 246 ... [+] weigh-in at Park Theater at Park MGM on January 17, 2020 in Las Vegas, Nevada. (Photo by Chris Unger/Zuffa LLC) Zuffa LLC via Getty ImagesThe UFC kicked off its slate of 2020 fight cards on Saturday with UFC 246. The ESPN+ streaming pay-per-view card featured the return of former two-division UFC champion Conor McGregor. McGregor faced ex-UFC title challenger Donald Cerrone in the main event and destroyed him in 40 seconds. UFC 246 took place Saturday at T-Mobile Arena in Las Vegas.
Source:Forbes
January 19, 2020 05:26 UTC