Finance


Star Wars powers Hasbro's strongest growth in almost 5 years

The revenues reached $1.47 billion, which is up 12.8% from the same period past year. According to Deadline : "CEO Brian Goldner told analysts that Star Wars "was very strong for us". Consumers are recognizing and embracing the innovation that...

Ben Stiller Stars in an Ad for Female Viagra

The Zoolander 2 actor confessed he didn't have the clip of the commercial with him but Fallon already had the clip on hand. "That's not fair", host Jimmy Fallon said. Almost 500,000 Viagra prescriptions were written in the first month it hit shel...

Financials, tech shares lead USA stocks lower

The Nasdaq is taking even heavier losses, tumbling more than 14 percent over the last month. Shares of Chesapeake Energy Corp. Independent oil and gas company Chesapeake Energy plummeted more than 50 per cent after a report said it hired restru...

Apple reports slowest growth ever, despite iPhone sales record

Mac sales, meanwhile, came in at 5.3 million units during the latest quarter, a decline from last year's 5.5 million. Without giving specific sales numbers, CEO Tim Cook said on the earnings call that it was the "best quarter by far for Apple TV sa...

Oil Falls on Surplus Worries, With U.S. Crude Dropping Below $28

Brent settled up 0.7 percent or 21 cents at $28.76 a barrel. On Wednesday US benchmark West Texas Intermediate fell below $27 a barrel for the first time since May 2003, days after Brent touched below $28. US crude futures were trading down 53 cent...

Apple sets record for quarterly profit but expects sales decline

This would represent a decline from the $58 billion in sales that Apple posted in the second quarter of fiscal 2015, the first forecasted year-over-year decline in sales for the company since the second quarter of fiscal 2003. Apple sold roughly a...

United, American offering refunds for travel to Zika areas

Because Zika was introduced in Brazil past year, an unusually high number of babies there - in the thousands - have been born with microcephaly, a condition in which the head is abnormally small. The US and other countries advise pregnant women to re...

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Breaking News

Oil prices increase as Texas refineries start returning to normal

Gasoline for October RBV7, -1.14% fell 1.4% to $1.68 a gallon on Wednesday. The two pipelines transport around 675,000 barrels per day (bpd) of West Texas crude oil into East H...

Energy Secretary: US gas prices will rise in Storm Harvey's wake

Additionally, Indian Oil says demand is strong enough for refiners that do not export to stick to domestic markets and enjoy cheaper feedstock and higher fuel prices . "As the pip...

Hurricane fuels spike in Greater Lowell gas prices

The gasoline supply issues could reduce inventories on the East Coast, causing prices to rise further, Zachary Rogers, a refining and oil products analyst at Wood Mackenzie Ltd...

People need to consider flood insurance

For reinsurance companies, Fitch expects that the insured loss from the storm will fall within primary players retention levels under catastrophe programs, with perhaps a small p...

Tropical disturbance brushes NC coast, heading out to sea

Heavy rain is expected to be the main hazard. Monday: Rain and thunderstorms linger in Florida and spread into eastern North Carolina and eastern Virginia. There is a 10- to 20...

Disturbance To Pelt North Carolina Coast With Rain, Gusty Wind

A weather system off Africa that's being monitored by the National Hurricane Center is likely to develop as it approaches the eastern Atlantic Ocean, forecasters said Tuesday. Fo...

Tropical storm warning posted for part of North Carolina

The storm system that could become Irma was expected to track up the mid-Atlantic coast Tuesday before moving out to sea Wednesday . We'll see a nice mix of sun and clouds. It is ...

Disturbance To Pelt North Carolina Coast With Rain, Gusty Wind

A weather system off Africa that's being monitored by the National Hurricane Center is likely to develop as it approaches the eastern Atlantic Ocean, forecasters said Tuesday. Fo...

A Tropical Storm is Developing Northeast of Jacksonville

As always, there's the chance we could see a very unsafe storm come our way before the season is over - remember, Hugo, the Historic Floods of 2015 and Hurricane Matthew all occur...

Coastal Storm Bringing Rain & Wind to NC Coast

Harvey brought catastrophic flooding to Texas . As of this writing, rain is already spreading northward through the Garden State, with heavier rain expected later on. Sunday n...

Special Reports

Lee jailed for 5 years in bribery case

Lee jailed for 5 years in bribery case

Lee had been spearheading the country's biggest conglomerate with 350 trillion won ($310.1 billion) in assets as its father and chairman Lee Kun-hee has fallen into a coma in 2014 ...

Floyd Mayweather to Fight Conor McGregor in Lighter Gloves

Floyd Mayweather to Fight Conor McGregor in Lighter Gloves

One point articulated by Marnell, which every other commission member echoed, is that referee selection is the most important factor in fighter health and safety, particularly in a...

Reliance Disruption: Jio Launches A Zero Priced Feature Phone

Reliance Disruption: Jio Launches A Zero Priced Feature Phone

In addition to Reliance Jio , Bharti Airtel, Idea Cellular, Vodafone, Reliance Communications, and BSNL are looking for enhancing their mobile Internet reach. It comes with an A...

Venus Williams vs Jelena Ostapenko

Venus Williams vs Jelena Ostapenko

Williams became the oldest woman to reach the Wimbledon quarterfinal since 1994 with a rock-solid performance on Centre Court. Williams will next face either second-seeded Sim...

June job growth was a healthy 222000 . . . but we can do better

June job growth was a healthy 222000 . . . but we can do better

The US economy added 222,000 jobs in June, according to the Bureau of Labor Statistics . Even with 2,000 jobs added this past month, the legal industry has seen a lot of cuts to...

Why Amazon Bought Whole Foods

Why Amazon Bought Whole Foods

The question for many other grocery stores might wonder if they're perishable. In working toward becoming an industry leader in staple industries such as food & beverage, Amazon...

Trump calls House health bill he backed 'mean'

Trump calls House health bill he backed 'mean'

That House bill was widely criticized for letting states seek waivers from insurance protections for people with pre-existing conditions. In other words, Senate Republican leadersh...

Whole Foods customers react to $13.7 billion Amazon merger

Whole Foods customers react to $13.7 billion Amazon merger

Charlie O'Shea, a Moody's lead retail analyst, told the Associated Press news agency that the deal could be "transformative, not just for food retail, but for retail in general"....

Oil hits the lowest since November as over-supply glut continues

Oil hits the lowest since November as over-supply glut continues

USA inventories fell less than forecast last week, keeping supplies more than 100 million barrels above the five-year average, according to data from the Energy Information Admi...