Finance news

• 'Death cross' portends more near-term losses for U.S. stocks, then rebound

  07-12-2018 23:44 via news.yahoo.com
  A chart pattern tracked by technical analysts and other market mavens, a death cross forms when an index's near-term moving average of daily closing prices falls below its long-term moving average as both averages are declining.On Friday, the S&P 500 Index, the U.S. benchmark for large stocks, joined the main gauge of small companies' share performance, the Russell 2000, in forming a death cross.It occurred as the S&P tumbled another 2.3 percent for its third straight daily decline.
  
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• Correction: Cheaper EpiPen Rival story

  07-12-2018 23:32 via finance.yahoo.com
  In a story Dec. 6 about a new alternative to EpiPen, The Associated Press reported erroneously that emergency allergy injector Auvi-Q was among products that had shortages because of an EpiPen shortage. ...
  
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• Suspect in model's strangulation death pleads not guilty

  07-12-2018 23:15 via news.yahoo.com
  PHILADELPHIA (AP) — A man accused of strangling a model in an affluent Philadelphia suburb pleaded not guilty Friday to murder charges, days after a suspect in the burglary of her apartment was taken into custody.
  
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• James Alex Fields Jr. Found Guilty In Murder Of Heather Heyer In Charlottesville Car Attack

  07-12-2018 23:15 via news.yahoo.com
  Neo-Nazi James Alex Fields Jr. was found guilty on 10 charges including first-
  
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• Principal on leave after banning Christmas decorations, including candy canes and reindeer

  07-12-2018 23:11 via news.yahoo.com
  The principal of Manchester Elementary School - located near Omaha, Nebraska - sent her staff a memo outlining specific steps educators were expected to take during the holiday season to remain "inclusive and culturally sensitive."
  
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• Read Michael Cohen Sentencing Recommendations From Robert Mueller

  07-12-2018 23:07 via news.yahoo.com
  Special counsel Robert Mueller on Friday did not recommend a specific sentence
  
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• Dow Jones drop adds to losses, weekly gloom for stock investors

  07-12-2018 23:07 via news.yahoo.com
  Fears about trade and the economy spurred relentless selling on Wall Street Friday, capping a dismal stretch. The Dow fell 4.5 percent for the week.
  
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• New NASA lander captures 1st sounds of Martian wind

  07-12-2018 23:06 via news.yahoo.com
  CAPE CANAVERAL, Fla. (AP) — NASA's new Mars lander has captured the first sounds of the "really unworldly" Martian wind.
  
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• Trump seen picking Army head Milley as next chairman of Joint Chiefs

  07-12-2018 23:04 via news.yahoo.com
  Trump hinted earlier on Friday that he would be announcing new military leadership on Saturday when he attends the Army-Navy football game."It will have to do with the Joint Chiefs of Staff and succession," he said.Milley would succeed Marine General Joseph Dunford, who would normally stay in office as chairman until a slated Oct. 1, 2019 handover date.
  
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• Amid reports of John Kelly departure, Donald Trump team signals coming staff announcement

  07-12-2018 23:03 via news.yahoo.com
  The president made the remarks while departing for Kansas City on Friday morning.
  
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• Photos of the week: 11/30 - 12/7

  07-12-2018 23:00 via news.yahoo.com
  Funeral services were held this week for former President George H.W. Bush.
  
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• Federal Prosecutors Recommend Substantial Prison Sentence For Michael Cohen

  07-12-2018 22:53 via news.yahoo.com
  Federal prosecutors and special counsel Robert Mueller's office filed court
  
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• Weinstein's lawyers: New evidence undermines rape charge

  07-12-2018 22:41 via news.yahoo.com
  NEW YORK (AP) — A woman who claims Harvey Weinstein raped her in 2013 attended one of his screenings the same day of the alleged assault, Weinstein's lawyers said Friday in a letter to a New York City judge overseeing his criminal case.
  
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• Donald Trump Calls Rex Tillerson 'Dumb As A Rock' In Not-At-All Defensive Tweet

  07-12-2018 22:32 via news.yahoo.com
  President Donald Trump seems to be a bit miffed at former Secretary of State
  
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• Trump Justice pick likely to be queried on Mueller comments

  07-12-2018 22:20 via news.yahoo.com
  WASHINGTON (AP) — President Donald Trump on Friday picked former Attorney General William Barr to once again serve as America's top law enforcement official. But while his experience and mainstream background may boost his prospects for confirmation, Democrats are raising alarms about his comments on the Russia investigation and Hillary Clinton.
  
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• Pantone's 2019 Color Of The Year Holiday Gifts

  07-12-2018 22:17 via news.yahoo.com
  Earlier this week, the Pantone Color Institute announced its 2019 color of the
  
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• Mark Harris Would Support A New Election In North Carolina If Election Fraud Is Proved

  07-12-2018 22:16 via news.yahoo.com
  Mark Harris, the Republican candidate in a disputed race for North Carolina's
  
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• Markets Right Now: US stocks dive again, extending losses

  07-12-2018 22:12 via news.yahoo.com
  NEW YORK (AP) — The latest on developments in financial markets (all times local):
  
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• Texts show manager firing student who asked off for funeral

  07-12-2018 22:10 via news.yahoo.com
  EWING, N.J. (AP) — A text exchange shows a New Jersey restaurant manager firing an employee after she asked for time off to attend a friend's funeral.
  
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• North Carolina Republican Says He May Support New Election

  07-12-2018 21:53 via news.yahoo.com
  The candidate, Mark Harris, holds a 905-vote lead in the North Carolina race, which hasn’t been certified by the state election board amid allegations that a consultant hired by his campaign destroyed or altered absentee ballots.The state board of elections will meet again before Dec. 21 and could call for a new election if wrongdoing is found to cast doubt on the entire election, according to North Carolina statute.
  
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• Donald Trump Picks Anti-Muslim Official For U.S. Ambassador To UN

  07-12-2018 21:48 via news.yahoo.com
  President Donald Trump announced in a tweet Friday morning that State
  
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• Mercedes-AMG's GLC63 Is Loud and Proud

  07-12-2018 21:32 via news.yahoo.com
  A V-8 stuffed into a compact crossover is a rare and marvelous thing.
  
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• Trump picks attorney general and U.N. envoy in fresh staff shake-up

  07-12-2018 21:30 via news.yahoo.com
  Barr would replace Acting Attorney General Matthew Whitaker, who has been in that position since Trump forced out Jeff Sessions as attorney general a month ago.Trump said he will put forward State Department spokeswoman Heather Nauert as ambassador to the United Nations.
  
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• China launches rover for first far side of the moon landing

  07-12-2018 21:29 via news.yahoo.com
  China launched a rover early Saturday destined to land on the far side of the moon, a global first that would boost Beijing's ambitions to become a space superpower, state media said.The Chang'e-4 lunar probe mission -- named after the moon goddess in Chinese mythology -- launched on a Long March 3B rocket from the southwestern Xichang launch centre at 2:23 am (1823 GMT), according to the official Xinhua news agency.The blast-off marked the start of a long journey to the far side of the moon for
  
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• North Carolina elections board identifies 'person of interest' in fraud probe

  07-12-2018 21:27 via news.yahoo.com
  North Carolina's board of elections identified political consultant Leslie McCrae Dowless as a person of interest on Friday amid a probe of possible absentee ballot fraud in a disputed U.S. congressional election.The board has refused to certify Republican Mark Harris as the winner of the Nov. 6 election for a seat in the U.S. House of Representatives as it investigates possible fraud involving absentee ballots from two rural counties.
  
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• Moose uses doorbell to awaken a couple in Alaska

  07-12-2018 21:20 via news.yahoo.com
  Video from a home security camera in Anchorage, Alaska, captured the moment a moose rang a doorbell, then ran away.
  
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• You can get All-Clad cookware at amazing prices this weekend

  07-12-2018 21:19 via news.yahoo.com
  All-Clad's 48-hour VIP sale is on this weekend--get your gifts while you can
  
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• Guy responds to his own wanted mugshot on Facebook and hilarious romance ensues

  07-12-2018 21:14 via news.yahoo.com
  A Facebook post led to an unexpectedly hilarious exchange between the Richland Police Department and a wanted criminal who was taking his sweet time.For its weekly "Wanted Wednesday," the Washington police department posted a mugshot of 38-year-old Anthony Akers, who allegedly violated his probation.When he didn't show up, the Richland Police Department tried reaching out again.
  
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• Alexandria Ocasio-Cortez warns Donald Trump Jr not to troll somebody who's about to have subpoena power over him

  07-12-2018 21:09 via news.yahoo.com
  Alexandria Ocasio-Cortez, the new Democratic darling in Washington DC, has poked fun at Donald Trump’s eldest son, suggesting it is not wise to troll a member of a body that will soon have subpoena powers over him.Earlier this week, Donald Trump JR sought to mock the 29-year-old congresswoman-elect – apparently hated by conservatives as much as she is loved by progressives – with a meme he posted to his Instagram page.The Washington Post reported the meme implied Ms Ocasio-Cort
  
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• Ted Baker CEO takes leave as second executive accused of unwelcome hugging

  07-12-2018 21:04
  New allegation against long-serving senior executive adds to storm cloud around founder Ray Kelvin
  
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• Dollar Stores Sell More Food Than Whole Foods

  07-12-2018 21:00 via news.yahoo.com
  They technically aren't even grocery businesses, but dollar stores are feeding
  
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• Our 2018 Volkswagen Golf Alltrack Still Charms Midway through Its Long-Term Test

  07-12-2018 20:50 via news.yahoo.com
  A trip to Montana gains the VW wagon another fan.
  
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• Why Are the Holidays So Stressful?

  07-12-2018 20:49 via news.yahoo.com
  'Tis the season to be jolly -- so why are so many of us unhappy during what is supposed to be the most wonderful time of the year?According to a survey by the American Psychological Association, 38 percent of people said their stress level increases during the holidays.Another survey, by the investment firm Principal Financial Group, revealed that 53 percent of people feel financially stressed by holiday spending, even though more than half of the 1,000 respondents had created spending budgets.
  
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• Israel may expand anti-tunnel operation into Lebanon, minister says

  07-12-2018 20:10 via news.yahoo.com
  Israel is prepared to take action in Lebanon against Hezbollah cross-border tunnels if necessary, an Israeli cabinet minister said on Friday.Israel's military said earlier this week that it had found a number of passages dug across the Israel-Lebanon border to be used in carrying out attacks inside Israel.The Israeli military sent mechanical diggers, troops and anti-tunneling equipment to the border to shut them down.
  
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• Merkel ally becomes German conservative party's leader

  07-12-2018 19:51 via news.yahoo.com
  HAMBURG, Germany (AP) — Angela Merkel's center-right party elected an ally of the longtime German chancellor as its new leader on Friday, opting for continuity and experience as it handed her the challenge of opening a new chapter and improving the party's electoral fortunes.
  
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• Oil prices surge as OPEC agrees joint 1.2 mn bpd cut with partners

  07-12-2018 19:26 via news.yahoo.com
  OPEC members and 10 other oil producing nations, including Russia, agreed Friday to cut output by 1.2 million barrels a day in a bid to reverse falls in prices in recent months.Energy ministers reached the deal -- which takes effect from January 1 but has already sent prices surging on oil markets -- after two days of talks at OPEC headquarters in Vienna."OPEC group countries are contributing 800,000 barrels per day as a cut, and the non-OPEC (countries) will be contributing 400,000 barrels per
  
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• Endangered Hawaiian monk seals baffle scientists by getting eels stuck in their noses

  07-12-2018 19:25 via news.yahoo.com
  The behaviour of the endangered Hawaiian monk seal has researchers confused - after multiple incidents involving the creatures getting eels stuck up their noses.“Mondays… it might not have been a good one for you but it had to be better than an eel in your nose,” the HMSRP captioned the photo.The unlucky situation led many to raise questions on Facebook, where the photo has been shared more than 1,200 times.
  
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• OPEC, Russia agree to slash oil output despite Trump pressure

  07-12-2018 19:20 via news.yahoo.com
  The producer club will curb output from January by 0.8 million barrels per day versus October levels while non-OPEC allies contribute an additional 0.4 million bpd of cuts, in a move to be reviewed at a meeting in April.Oil prices jumped about 5 percent to more than $63 a barrel as the combined cut of 1.2 million bpd was larger than the minimum 1 million bpd that the market had expected.Saudi Arabia, de facto leader of the Organization of the Petroleum Exporting Countries, has faced demands from
  
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• 77th anniversary of the Pearl Harbor attack

  07-12-2018 19:15 via news.yahoo.com
  77 years ago today on the morning of Dec. 7,  1941, a Sunday, Japanese bombers flew across Oahu, Hawaii, and began their assault.
  
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• The Quick Read on What Netanyahu’s Scandals Mean for His Future

  07-12-2018 18:55 via news.yahoo.com
  Israeli police recommended that Israeli Prime Minister Benjamin “Bibi” Netanyahu be indicted for bribery, fraud, and breach of trust
  
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• Paris braces for 'ultra-violent' riots as moderate 'yellow vests' urge protesters to stay away

  07-12-2018 18:53 via news.yahoo.com
  Paris is bracing for a day of “ultra-violent” unrest on Saturday as moderate figureheads of the “yellow vest” movement urged protesters to stay away from the French capital on Saturday. The city is preparing for lock down with a string of stores, museums and landmarks, including the Louvre, Eiffel Tower and Galeries Lafayette shut for security reasons. Luxury boutiques, restaurants and businesses on the Champs-Elysees and around the presidential palace are under orders to
  
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• Rex Tillerson Says He Repeatedly Stopped Donald Trump From Breaking The Law

  07-12-2018 18:45 via news.yahoo.com
  Former Secretary of State Rex Tillerson said he was fired by Donald Trump
  
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• Heavy rains cause mudslides in areas in CA still recovering from wildfires

  07-12-2018 18:29 via news.yahoo.com
  State of emergency declared after rain jammed traffic and loosened hillsides that have been affected by wildfires last month.
  
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• Investors flee bonds and stocks in turbulent week for growth and trade

  07-12-2018 18:27
  Investors pulled billions from bonds and stocks this week as U.S. bond movements triggered fears over global growth and a trade tussle between the United States and China heated up, strategists at...
  
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• 'I can’t stop him.' UN ambassador Nikki Haley used Trump's harsh North Korea rhetoric as leverage

  07-12-2018 18:22 via news.yahoo.com
  Outgoing U.N. Ambassador Nikki Haley said she used President Donald Trump's unpredictability to persuade world leaders to crack down on North Korea.
  
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• Medicare Advantage plans get unfair push from U.S. government: critics

  07-12-2018 18:04
  Insurance companies do not need any help marketing Medicare Advantage plans - just ask anyone over age 65 about the pitches that clog their mailboxes every year during the fall enrollment period, or...
  
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• Here's What Trump's New Pick for Attorney General Has Said About the Mueller Investigation

  07-12-2018 18:02 via news.yahoo.com
  He's echoed two of Trump's arguments
  
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• Cardi B shows up for court, warned to stay away from accusers in strip club brawl

  07-12-2018 18:02 via news.yahoo.com
  Cardi B's legal woes are not over yet. She was in court Friday on charges related to a strip club brawl and was warned to stay away from her accusers.
  
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• Little Boy So Stunned By The Queen That He Crawls Away From Her

  07-12-2018 17:55 via news.yahoo.com
  It's tough to remember to bow ― or even stand still ― in the presence of the
  
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• Young Afghan Messi fan threatened by criminals, Taliban

  07-12-2018 17:51 via news.yahoo.com
  KABUL, Afghanistan (AP) — A young Afghan soccer fan who shot to fame after he was photographed in a Messi shirt made from a plastic bag has been forced to flee with his family to the capital after criminal gangs and the Taliban threatened to kill or kidnap him, his mother said Friday.
  
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