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| June 18, 2018

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Stocks Up on Good News for Banks, Bad News for Borrowers

June 15, 2018 |

US stocks mostly rose Thursday, as markets get accustomed to the idea of investing with less of a safety net from central banks around the world, reports the AP . The European Central Bank laid out its plan to pull back from the stimulus it’s pumped into markets, but it also…
Newser

GOP Lawmaker: ‘I Am a Good Man and I’m an Alcoholic’

May 29, 2018 |

Rep. Tom Garrett says he won’t seek re-election to the House this year—not because of reports he mistreated his staffers, but because he is an alcoholic. “Any person—Republican, Democrat, or independent—who has known me for any period of time and has any integrity knows two things: I…
Newser

These sisters know how to throw a good Hollywood party

May 27, 2018 |

Miatta David Johnson, 41, and her sister, Massah David, 38, are the brains behind MVD Inc., a boutique creative marketing firm that plans parties for celebrities.
L.A. Times – Business

Is This a Good Idea? Cancer Researcher Says Yes

May 26, 2018 |

Is your child’s environment as sterile as an operating room? That might not be a good thing, a leading cancer researcher says in a new report. After three decades of research, Mel Greaves , from the Institute of Cancer Research in London, believes that acute lymphoblastic leukemia (ALL) is caused by…
Newser

Fed on track to raise interest rates in June on belief economy remains in good shape

May 23, 2018 |

Federal Reserve officials believe the economic outlook warrants another interest rate hike “soon” but signaled they would allow inflation to go modestly above their 2% target — indicating they’re in no rush to raise rates more aggressively.

That was the takeaway from the minutes released Wednesday…


L.A. Times – Business

Dan Gainor: Terrorists, gang-bangers and porn star get good media coverage — Proof of journalism’s decline

May 20, 2018 |

The American media gave sympathetic coverage this past week to the terrorist group Hamas, the gang bangers of MS-13 and a porn star – while continuing relentless attacks on the president of the United States.
FOX News

CNN

Trump tweets climate change could be ‘good’

May 18, 2018 |

President Donald Trump, on vacation in balmy Florida, suggested that climate change could be a good thing, tweeting that East Coast cities gripped by freezing temperatures could use some warming.
CNN.com – RSS Channel – World

Tesla needs $3 billion, one analyst says. But what good would it really do?

May 16, 2018 |

Tesla Inc. says it doesn’t need to raise more money. But a new report from a usually supportive quarter suggests it not only should, but really, really should.

Adam Jonas, a Morgan Stanley analyst who typically rates Tesla stock with gusto, just slashed his target price 23% to $ 291 — curiously,…


L.A. Times – Business

Where do prescription drugs come from? Good luck answering that question

May 15, 2018 |

Westwood resident Steve Simich was taking a generic anti-cholesterol pill. One day he got curious about where it came from. It didn’t say on the label.

Simich, 57, asked the pharmacist at his local Rite-Aid. She looked it up and said the country of origin was India.

“That made me angry and a little…


L.A. Times – Business

TMZ

Joe Namath Defends Colin Kaepernick, He’s Good Enough to Be Signed!

May 3, 2018 |

Colin Kaepernick is now getting support (sorta) from one of the greatest QBs of all time — with Joe Namath saying the guy DESERVES to be on an NFL roster. Broadway Joe appeared on “Varney & Co.” on FOX Business and went to bat for Kaep and…

TMZ.com