Winter Weather Advisory from 3 to 9 PM on Monday BWI (1°) and Dulles (-1°) both broke their daily record low temperatures today in what could be the coldest morning of 2018. Many other locations also fell below zero or into the single digits in what the National Weather Service described as the “coldest morning […]
Category: Top News
Mark Zuckerberg’s personal challenge this year is to fix Facebook
He won’t be killing his own food or learning Mandarin. Zuckerberg wants to focus on his company. Facebook CEO Mark Zuckerberg sets a personal challenge each year, a kind of public New Year’s resolution that he posts about all year long. A few years ago he set out to learn Mandarin. He also built a […]
Warren Buffett Says Years of U.S. Growth ‘Certainly Lie Ahead’
Omaha, Neb. (AP) — Billionaire Warren Buffett remains optimistic about the U.S. economy and the nation’s prospects for the future. Buffett wrote an essay for Time magazine that appeared online Thursday, part of an issue edited by Bill Gates that was dedicated to “The Optimists.” In his essay, Buffett explained why he often says that […]
World’s biggest passenger jet forced to land at small New York airport thanks to blizzard
Singapore Airlines Flight 26 from Frankfurt, Germany, was bound for JFK. The winter storm has diverted dozens of flights. The passengers are disembarking at Stewart, and the airline said it is working to provide ground transportation for them. A massive winter storm forced an Airbus A380, the world’s largest passenger jet, to divert to a […]
Winter Storm Pounds Northeast With Wind, Snow and Flooding
After battering the South and whipping up the Mid-Atlantic coast, a blizzard propelled by hurricane-strength winds lashed the Northeast on Thursday, grounding flights, shuttering schools, flooding buildings and sending squalls of snow into the tunnels of New York City’s subway system. In downtown Boston, a three-foot tidal surge flooded a subway station and turned a […]
‘How to buy bitcoin’: The 10 top tasks people Googled in 2017
Google recently released its list of the year’s top trending topics and it may come as little surprise that “how to buy bitcoin” was one of the tasks people searched for most in 2017. In recent months, cryptocurrencies like bitcoin, ethereum and litecoin have captured the attention of many people who are contemplating the risks […]
Trump sends a warning after report of Chinese oil sales to North Korea
President Donald Trump said Thursday he is “very disappointed” following a report that China may have run afoul of international sanctions by providing oil to North Korea. In a tweet, Trump warned that “there will never be a friendly solution” to North Korea’s nuclear and missile programs “if this continues to happen!” A South Korean […]
China Offers Tax Incentives to Persuade U.S. Companies to Stay
BEIJING — China said on Thursday that it would temporarily exempt foreign companies from paying tax on their earnings, a bid to keep American businesses from taking their profits out of China following Washington’s overhaul of the United States tax code. There is, however, a catch: To be eligible, foreign companies must invest those earnings […]
Tax bill opens Alaska to oil production worth billions of dollars
An important provision of the tax cut legislation passed by Congress this week allows the American people to finally benefit from abundant petroleum resources that experts predict will be found in a very small area of the Arctic National Wildlife Refuge (ANWR) on Alaska’s northern coast. The legislation directs the Interior Department to hold at […]
Tax bill ‘winners’ could help drive the stock market’s traditional year-end Santa rally
Oh, by gosh, by golly, it’s time for the Santa rally. According to “Stock Trader’s Almanac,” the Santa rally officially begins Friday, the start of the final five trading days of 2017, and ends at the close Jan. 3, the end of the second trading day of the new year. Some strategists are saying humbug […]
U.S. home sales hit 11-year high, supply still tight
WASHINGTON – U.S. home sales increased more than expected in November, hitting their highest level in nearly 11 years, the latest indication that housing was regaining momentum after almost stalling this year. The report on Wednesday from the National Association of Realtors also added to data ranging from the labor market to retail sales that […]
Amazon’s apparel business could grow to as much as $85 billion in sales by 2020
Amazon.com Inc. may already be the largest apparel retailer and could still grow to sales between $45 billion and $85 billion by fiscal 2020, according to Instinet analysts. Instinet analysts led by Simeon Siegel estimate overall apparel and accessories sales at above $1 trillion with “above average” online penetration and “leading gross margin” compared with […]