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Articles Posted by John W

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  • Dow aims for fresh record as stock futures climb ahead of U.S. jobs report

    11/03/2017 3:22:21 AM PDT · by John W · 9 replies
    marketwatch.com ^ | November 3, 2017 | Sara Sjolin
    U.S. stocks were shaping up for an upbeat open on Wall Street Friday, with the Dow average headed for a fresh all-time high. Stock futures rose as traders looked ahead to the closely watched nonfarm payrolls report, which could further strengthen the case for a December interest rate rise by the Federal Reserve. Technology companies were among the biggest movers premarket, with Apple shares leading the charge higher after its well-received earnings report and as the iPhone X went on sale.
  • Papa John's says anthem protests are hurting deal with NFL

    11/01/2017 8:38:27 AM PDT · by John W · 91 replies
    ESPN.com ^ | November 1, 2017 | Darren Rovell
    Executives from Papa John's, the official pizza company of the NFL, expressed disappointment on a conference call Wednesday about the league's ongoing player protests during the national anthem. "The NFL has hurt us," company founder and CEO John Schnatter said. "We are disappointed the NFL and its leadership did not resolve this." Executives said the company has pulled much of its NFL television advertising and that the NFL has responded by giving the company additional future spots. "Leadership starts at the top and this is an example of poor leadership," Schnatter said, noting he thought the issue had been "nipped...
  • Trump Orders 2,800 JFK Assassination Files Released, Withholds Others

    10/26/2017 3:38:30 PM PDT · by John W · 131 replies
    npr.org ^ | October 26, 2017 | Brian Naylor
    President Trump has issued a memo to executive agencies ordering the release of 2,800 remaining records related to the assassination of former President John F. Kennedy. The files are among the last to be released by the National Archives under a 1992 law that ordered the government to make all remaining documents pertaining to the assassination public. There has long been a trove of conspiracy theories surrounding Kennedy's death in Dallas on Nov. 22, 1963, including doubts about whether assassin Lee Harvey Oswald acted alone, as the Warren Commission determined in its report the following year. Other files are being...
  • Dow set to gain more than 100 points, led by Caterpillar’s earnings-driven rally

    10/24/2017 6:21:56 AM PDT · by John W · 22 replies
    marketwatch.com ^ | October 24, 2017 | Victor Reklaitis and Ryan Vlastelica
    U.S. stock-index futures pointed to a higher open on Tuesday, suggesting another round of records could be in store for the main benchmarks as earnings continue to come in largely ahead of expectations. Caterpillar Inc.’s earnings-driven rally looked set to lead the Dow industrials higher, while Whirlpool Corp.’s drop following its results helped limit the S&P 500’s advance.
  • Initial jobless claims slump to 44-year low

    10/19/2017 6:28:06 AM PDT · by John W · 32 replies
    marketwatch.com ^ | October 19, 2017 | Jeffry Bartash
    Initial jobless claims, a way to measure layoffs, sank by 22,000 to 222,000 in the week ended Oct. 14. That’s the lowest figure since March 1973 and well below the 244,000 MarketWatch forecast. The more stable monthly average of claims declined by 9,500 to 248,250, though it remains somewhat elevated because of the recent hurricanes.
  • N.F.L. Owners Won’t Penalize Players for Kneeling During Anthem

    10/17/2017 5:20:33 PM PDT · by John W · 86 replies
    New York Times ^ | October 17, 2017 | KEN BELSON and KEVIN DRAPER
    The N.F.L. for now will continue to let players kneel or sit during the national anthem without a penalty, capitulating to demands by the athletes for free expression but potentially further alienating fans who object to the protests and feel they are disrespectful to the flag and the military. But, after a meeting Tuesday with union representatives and players, the league did promise to help support some of the causes targeted by the protesting players, including reform of the criminal justice system. The owners’ decision to not toughen the league’s stance on anthem demonstrations showed yet again the contortions they...
  • Tell Us Something We Don’t Know: Dow Gains 150 Points as Manufacturing Activity Soars

    10/02/2017 3:15:34 PM PDT · by John W · 12 replies
    Barron’s ^ | October 2, 2017 | Ben Levisohn
    The S&P 500 rose 0.4% to 2529.12 today, while the Dow Jones Industrial Average gained 152.51 points, or 0.7%, to 22,557.60. The Nasdaq Composite advanced 0.3% to 6516.72. All three major indexes closed at record highs. And just so no one can complain that only big stocks are driving the rally, the small-cap Russell 2000 rise 1.2% to 1509.47, closing at a record of its own. Signs of economic strength will do that. This morning, we learned that the Institute for Supply Management's Manufacturing indexhad surged to 60.8, the highest level since 2004 and above forecasts for 58.1. And the...
  • Mueller Seeks White House Documents Related to Trump’s Actions as President

    09/20/2017 1:24:34 PM PDT · by John W · 70 replies
    New York Times ^ | September 20, 2017 | Michael Schmidt
    WASHINGTON — Robert S. Mueller III, the special counsel, has asked the White House for documents about some of President Trump’s most scrutinized actions since taking office, including the firing of his national security adviser and F.B.I. director, according to White House officials. Mr. Mueller is also interested in an Oval Office meeting Mr. Trump had with Russian officials in which he said the dismissal of the F.B.I. director had relieved “great pressure” on him. The document requests provide the most details to date about the breadth of Mr. Mueller’s investigation, and show that several aspects of his inquiry are...
  • Hillary mulls challenging legitimacy of 2016 election, cites Russian influence

    09/18/2017 1:55:18 PM PDT · by John W · 104 replies
    washingtontimes.com ^ | September 18, 2017 | Ben Wolfgang
    Hillary Clinton on Monday would not rule out the possibility of challenging the results of the 2016 presidential election, saying it’s clear the Russians influenced the outcome and that the legitimacy of President Trump’s victory could be called into question as congressional and independent probes into Russian involvement move forward. In an interview with NPR, the former secretary of state — who will speak in Washington on Monday evening as part of her nationwide book tour — would not rule out formally contesting the results of the election. “I wouldn’t rule it out,” she said, though she quickly admitted there’s...
  • Hurricane Irma’s path flattens, strengthens to 120 mph

    09/04/2017 6:06:13 AM PDT · by John W · 126 replies
    Palm Beach Post ^ | September 4, 2017 | Sonja Isger
    That curve to the north – and eventually out into the Atlantic – that everyone in South Florida was hoping to see Hurricane Irma take isn’t happening as quickly as earlier models had predicted. The National Hurricane Center’s 8 a.m. update Monday drives the storm’s path in a flatter, westbound path that puts it closer Cuba’s shores by early Saturday morning.
  • Obama to re-emerge in 'delicate dance' with Dems

    08/11/2017 3:35:15 AM PDT · by John W · 37 replies
    thehill.com ^ | August 11, 2017 | Amie Parnes
    Former President Obama will re-emerge on the national scene this fall, though Democrats expect him to do so with caution. One aide describes the beginning of a "delicate dance" that aims to put Obama in the Democratic fray, but prevent him from remaining the face of the party. Aides will huddle with Obama in the coming weeks to plot out what shape the former president's fall schedule will take. Advisers close to him say that while he will play an active role in helping his party rebuild, much of his work will be behind the scenes.
  • Inflation at wholesale level slipped 0.1 percent in July as energy costs decline for third month

    08/10/2017 5:51:33 AM PDT · by John W · 3 replies
    AP via washingtonpost.com ^ | August 10, 2017 | AP
    WASHINGTON — Inflation at wholesale level slipped 0.1 percent in July...
  • A plane-size asteroid buzzes by Earth undetected

    07/27/2017 10:37:31 AM PDT · by John W · 22 replies
    cnet.com ^ | July 27, 2017 | Eric Mack
    Astronomers first spotted an asteroid about as long as a 737 passenger jet on Sunday and analyzed its path to determine it had made a close pass by our planet three days earlier. In other words, the big space rock slipped right by us without being detected and was only seen in our cosmic rear-view mirror. While the asteroid, now named 2017 001, flew right on by without incident, it was a relatively close pass. It came within about one-third the distance between Earth and the moon, roughly 76,448 miles (123,031 km). With an estimated size of between 82 and...
  • McCain’s Surgery May Be More Serious Than Thought, Experts Say

    07/16/2017 4:31:09 PM PDT · by John W · 122 replies
    newyorktimes.com ^ | July 16, 2017 | Denise Grady and Robert Pear
    The condition for which Senator John McCain had surgery on Friday may be more serious than initial descriptions have implied, and it may delay his return to Washington by at least a week or two, medical experts said on Sunday. “Usually, a blood clot in this area would be a very concerning issue,” said Dr. Nrupen Baxi, an assistant professor of neurosurgery at the Albert Einstein College of Medicine in New York City. He added, “The recovery time from a craniotomy is usually a few weeks — at least a week or two.” A statement from the Mayo Clinic Hospital...
  • 6 months in, record low job approval for Trump: Poll

    Americans give President Donald Trump the lowest six-month approval rating of any president in polls dating back 70 years, punctuated by questions about his competence on the world stage, his effectiveness, the GOP health care plan and Russia’s role in the 2016 election. Just 36 percent of Americans polled in a new ABC News/Washington Post poll approve of Trump’s job performance, down 6 points from his 100-day mark, itself a low. The previous president closest to this level at or near six months was Gerald Ford, at 39 percent, in February 1975.
  • Number of Americans applying for Canadian citizenship has barely increased since DT was elected trnc

    07/04/2017 8:57:55 AM PDT · by John W · 21 replies
    dailymail.com ^ | July 4, 2017 | dailymail.com reporter
    Despite claims by furious Trump opponents that they would leave the country if he won the presidency, Canada hasn't proved as many citizenship applications as might be expected. The country's did receive an uptick of 66 per cent in applications from January-April 2017, but that only meant an average of 400 people per month rather than the previous year's 264. And those figures are still down from highs of 2011 - the middle of the Obama administration - when 564 Americans a month were trying to become Canadian, the National Post reported.
  • No limit to how long people can live: study

    06/28/2017 12:26:03 PM PDT · by John W · 49 replies
    cbc.ca ^ | June 28, 2017 | Sherry Noik
    Just how long can humans live? Biologists at Montreal's McGill University have been studying the question and say if there's a limit, they haven't found it. "We just don't know what the age limit might be," said Siegfried Hekimi. "In fact, by extending trend lines, we can show that maximum and average lifespans could continue to increase far into the foreseeable future." A previous study looked at the lifespan of the longest-living individuals from the U.S., the U.K., France and Japan for each year since 1968 and concluded that the maximum human lifespan is approximately 115 years. But Hekimi and...
  • Are asteroids humanity's 'greatest challenge'?

    06/28/2017 5:51:02 AM PDT · by John W · 44 replies
    phys.org ^ | June 28, 2017 | Mariëtte Le Roux
    Throughout its 4.5-billion-year history, Earth has been repeatedly pummelled by space rocks that have caused anything from an innocuous splash in the ocean to species annihilation. When the next big impact will be, nobody knows. But the pressure is on to predict—and intercept—its arrival. "Sooner or later we will get... a minor or major impact," Rolf Densing, who heads the European Space Operations Centre (ESOC) in Darmstadt, Germany, told AFP ahead of International Asteroid Day on Friday. It may not happen in our lifetime, he said, but "the risk that Earth will get hit in a devastating event one day...
  • US STOCKS-Wall St hits record highs on strong technology, health stocks

    06/19/2017 1:55:56 PM PDT · by John W · 13 replies
    Reuters via Yahoo News ^ | June 19, 2017 | Sinead Carew
    NEW YORK, June 19 (Reuters) - U.S. stocks rose on Monday, with the S&P 500 and the Dow hitting record highs with growth sectors such as technology in favor again as investors appeared to regain confidence in the economy after upbeat comments from Federal Reserve officials. Amazon.com's Friday announcement that it would buy Whole Foods and an upbeat tone from Federal Reserve speakers seemed to help reassure investors after the U.S. central bank's rate hike last week, according to J. Bryant Evans, portfolio manager at Cozad Asset Management, in Champaign, Illinois. "It looks like a bet that interest rates, such...
  • Jim Harbaugh to ask Obamas to serve as honorary captains

    06/17/2017 6:03:11 PM PDT · by John W · 75 replies
    espn.com ^ | June 17, 2017 | espn.com News Services
    Michigan Wolverines football coach Jim Harbaugh spent some time with former President Barack Obama and former first lady Michelle Obama earlier this week. He hopes to be getting more face time with them this fall. Harbaugh said he will ask the Obamas to serve as honorary captains for a Wolverines home game this season. "We're making those asks. Official asks," Harbaugh told reporters Saturday. "In the process of making an official ask. There's been, 'Hey, we'd like you to do it,' and now we're doing official asks." Harbaugh said he spent "39 wonderful minutes" with the former president Wednesday during...