Markets


Germany's Merkel in Mali to strengthen development, ties
- October 17, 2016

Merkel later heads to Niger and then Ethiopia where she is to visit the African Union headquarters in the capital Addis Ababa. German Chancellor Angela Merkel is undertaking her first multi-day African trip since 2011. Be proactive - Use the "Flag as Inappropriate" link at the upper right corner of each comment to let us know of abusive posts. She said last month that the European Union needed to establish migrant deals with north African countries along the lines of the Turkey deal. (more...)
Lions end first half vs. Rams with a huge defensive stand
- October 17, 2016

The Lions allowed a total of 30 fourth-quarter points in their first two games, but in their last three, they've allowed only two field goals and zero touchdowns in the final quarter. 1 overall pick in this year's draft, has yet to take a snap. Jim Caldwell's short head coaching career has been one of diminishing returns. But with the way this season has gone, he's not getting ahead of himself. (more...)
Trump's latest unfounded charge has Clinton on drugs
- October 17, 2016

Trump is fighting to overcome setbacks and polls showing a tough path to the White House, is revisiting his claim that the election is rigged against him. "Literally, that got nearly no media attention while those that step forward with these unsubstantiated claims that Donald Trump has denied were treated with headline news and continuous coverage". (more...)
Mark Burnett: I can't release Trump tapes and…
- October 17, 2016

Producer Bill Pruitt, who worked on the first two seasons of the show, says tapes exist of Trump saying "far worse" things than bragging about sexual assault, and Chris Nee, another producer, surmised in since-deleted tweets that those "far worse" things include blurting the N-word. (more...)
Bob Dylan, first songwriter to win Nobel Prize for Literature
- October 17, 2016

He also won the Pulitizer Prize in 2008 for his contributions to music and American culture. He is known for his rendering of Dylan songs " Blowin' in the Wind " and "The Times They Are A-Changin", which once were anthems for the USA anti-war and civil rights movements in the 1960s. (more...)
Truck plunges off San Diego bridge, killing 4 in crowd below
- October 17, 2016

Andy Mendez, who was at the park, said he was sitting next to the booth the truck landed on and had been chatting with the people inside just prior to the crash. The California Highway Patrol identified the victims as a 62-year-old man and 50-year-old woman from Chandler, Arizona; and a 59-year-old man and 49-year-old woman from Hacienda Heights, a suburb east of Los Angeles. (more...)
Conjoined twins successfully separated in 16-hour surgery
- October 17, 2016

The overall atmosphere was one of celebration mixed with uncertainty. The boys' parents, Nicole and Christian McDonald of Charleston, Illinois, were informed of the successful surgery at about 3:00am ET. "And yet I ache with the uncertainty of the future". Jadon left the operating theatre at 7am, however Anias was still in surgery late Friday morning. (more...)
John Stumpf steps down as CEO of Wells Fargo John Stumpf steps down as CEO of Wells Fargo
- October 17, 2016

In contrast with the 5,300 employees that Wells Fargo fired after it came to light that upwards of 2 million fake accounts were opened without customers' knowledge, Stumpf is leaving the bank with some semblance of dignity. Prior to the scandal, Wells Fargo had been the world's largest bank by market value. Kehoe suggests that "Congress has claimed a big scalp in forcing the hand of Mr. (more...)
Wells Fargo vows to fight for return of OH business
- October 17, 2016

The San Francisco-based bank is engulfed in a crisis that started in mid-September, when Wells reached a settlement over allegations that its employees opened up to 2 million bank and credit card accounts without customers' authorization in order to meet high sales goals. (more...)
Asian stocks fall after disappointing China data
- October 17, 2016

Companies that make basic materials also fell. The Dow Jones industrial average dropped as much as 184 points. The Standard & Poor's 500 index added 2.45 points, or 0.1 percent, to 2,139.18. PUT IT ON EBAY: Mercadolibre, which runs an online marketplace and payments system in Latin America, slumped after it said eBay will sell most of its investment in the company. (more...)
Redskins TE Reed ruled out of Eagles game with concussion
- October 17, 2016

Jordan Reed reeled in nine receptions for 129 yards and two scores in that contest, but the dominant tight end is in jeopardy to miss Sunday's contest with a suspected concussion. "Right now the timing of it is a little iffy because it's a Thursday game against the Giants", Pederson said. Unless he gets the franchise tag, which is unlikely considering the stable of receivers Gruden has, he'll be a free agent. (more...)
Kerry says Syria meeting produces ideas, not agreements Kerry says Syria meeting produces ideas, not agreements
- October 17, 2016

U.S. Secretary of State John Kerry, left, and Saudi Arabia's Foreign Minister Adel al-Jubeir, right, attend a meeting where they discussed the crisis in Syria, in Lausanne, Switzerland, Saturday, Oct. The Free Syrian Army, a Turkish-backed faction, took back the town of Dabiq from ISIS, Turkish state media and a monitoring group said. In another sign that Turkey and Russia have repaired relations since last year's Turkish downing of a Russian fighter plane, Turkish Foreign Minister Mevlut ... (more...)
Harvard and MIT professors win Economics Nobel Prize Harvard and MIT professors win Economics Nobel Prize
- October 16, 2016

The Royal Swedish Academy of Sciences says that "the new theoretical tools created by Hart and Holmstrom are valuable to the understanding of real-life contracts and institutions, as well as potential pitfalls in contract design". They are the developers of "contract theory", which looks at how contracts manage the conflicts of interest between people or groups. "That's when I realized that the issue wasn't really about the difficulty of coming up with the best plans. (more...)
Infantino Says 32, 40 And 48-Team World Cups On The Table
- October 16, 2016

The 48-team World Cup idea was originally proposed by FIFA president Gianni Infantino and was addressed in the update from the FIFA Council meeting. "This is a living document, and we look forward to engaging with the member associations, the confederations, our commercial affiliates and other stakeholders as we continue our work to fulfil our mission", she said. (more...)
Melrose Industries PLC 8.1% Potential Upside Indicated by Liberum Capital
- October 16, 2016

London Stock Exchange Group Plc (LON:LSE) has earned an average rating of "Buy" from the fourteen research firms that are presently covering the stock. Now shares have been suggested as "BUY" from "2" brokerage firms and recommended as "Strong Buy" by "0" brokerage firms. In a note issued to clients on 12 October, Zoopla Property Group (LON:ZPLA) stock Hold was reconfirmed by Deutsche. (more...)
Speech transcripts show Clinton avoided blaming Wall Street Speech transcripts show Clinton avoided blaming Wall Street
- October 16, 2016

Clinton's campaign has so far declined to comment on specifics in the releases, in part, because they don't want to validate any of the hacks. Republican presidential nominee Donald Trump speaks at a campaign event in Columbus on Thursday. (more...)
Wells Fargo's earnings drop amid fallout from fake accounts scandal
- October 16, 2016

Citigroup , the fourth-biggest USA bank by assets, beat expectations for third-quarter net profit after trading revenue surged 35 percent. Several analysts unsuccessfully pressed for specifics about the scandal. "As a result, we will be starting to build out technology systems and operations in Europe", JPMorgan's Lake said. "And they gave very little on either". (more...)
United Kingdom 'facing £18bn divorce bill for Brexit'
- October 16, 2016

Prime Minister Theresa May has said she will invoke Article 50 of the European Union treaty - triggering two years of official exit talks - by March 31, but has declined to reveal details of Britain's negotiating hand. Responding to questions by the opposition Labour party leader Jeremy Corbyn , she said she would seek "maximum possible access to the European market for firms to trade with and operate within". (more...)
WikiLeaks emails reveal Clinton campaign strategy to woo "needy Latinos"
- October 16, 2016

The anti-secrecy site WikiLeaks has a huge trove of emails hacked from the personal account of Clinton campaign chairman John Podesta, and is releasing batches of the communications in the final four weeks of the presidential campaign . (more...)
Report Says Brakes From Hoboken Train Crash Show No Defects
- October 16, 2016

In this NTSB photo taken October 5, 2016, during the debris removal process, a beam from the terminal is seen penetrating the roof of a rail auto from NJT train 1614. The conductor did not report any unusual behavior and said preparations for that morning's departure were normal. The crash revived questions about positive train control, a GPS-based system created to automatically slow or stop trains that are going too fast. (more...)

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