Political malpractice forced Amazon out of NYC — And it wasn’t just Ocasio-Cortez

Alexandria Ocasio-Cortez faces criticism for Amazon’s escape from New York Some Democrats are criticizing Congresswoman Alexandria Ocasio-Cortez for her role in Amazon’s decision to cancel plans for a huge investment in New York; Doug McKelway reports. Socialist Rep. Alexandria Ocasio-Cortez, D-N.Y., was not the main player who led Amazon to cancel plans to build a second headquarters in New York […]

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Norfolk Southern Fast-Tracks Profitability

Norfolk Southern (NYSE: NSC) is jumping aboard the cost-cutting strategy sweeping through the North American railroad industry. If the company can hit the targets it laid out during its investor day on Feb. 11, shareholders have a lot to be excited about. Norfolk Southern's management said they are rolling out a new strategy, called Thoroughbred Operating Plan 21, or TOP […]

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ARMOUR Residential REIT (ARR) Q4 2018 Earnings Conference Call Transcript

ARMOUR Residential REIT (NYSE: ARR) Q4 2018 Earnings Conference CallFeb. 15, 2019 8:30 a.m. ET Contents: Continue Reading Below Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Operator Ladies and gentlemen, thank you for standing by, and welcome to the ARMOUR Residential REIT, Incorporated fourth-quarter 2018 earnings conference call. [Operator instructions] As a reminder, this conference is being recorded […]

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Venezuela opposition to leave Citgo funds, management untouched: envoy

WASHINGTON (Reuters) – Venezuela’s opposition has no plans to use funds belonging to U.S. refiner Citgo, which is owned by state oil company PDVSA, despite having named a new board for the company this week, the self-declared interim government’s U.S. envoy said on Friday. The opposition will not make changes to the refining company’s management or operations until Juan Guaido, […]

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Mattel shares plummeted to lowest in 20 years

Mattel shares had their worst day in 20 years, plunging as much as 23 percent after management warned it expects ho-hum sales and margins this year. The news — revealed at a closed-door meeting with analysts on Friday — was whiplash for Wall Street. Investors had still been digesting surprisingly strong fourth-quarter results last week, in which stronger-than-expected Barbie sales […]

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China and U.S. to Continue Trade Talks Next Week

BEIJING — Talks between the United States and China to end their trade war will continue in Washington next week, officials from both countries said on Friday, hours after high-level negotiations between American and Chinese diplomats ended in Beijing. While the White House described “progress” in the talks, many issues remain unresolved and the discussions will continue as both sides […]

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Nigeria delays election until Feb. 23 over 'challenges'

A young boy scavenges for re-sellable items from garbage on the streets, as he walks past a sign showing incumbent President Muhammadu Buhari, left, and local party official Mustapha Dankadai, right, in Kano, northern Nigeria Friday, Feb. 15, 2019. Nigeria is due to hold general elections on Saturday, pitting incumbent President Muhammadu Buhari against leading opposition presidential candidate Atiku Abubakar. […]

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Watch These 3 Metrics When MercadoLibre Reports Earnings

While it's no secret that Amazon.com (NASDAQ: AMZN) is the undisputed champ in the U.S. digital sales arena, things are quite a bit different south of the border. In Latin America, the company goes toe to toe with local favorite MercadoLibre (NASDAQ: MELI). The company is the e-commerce leader in the region as ranked by unique visitors, as well as […]

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7 Personal Finance Lessons Learned in 2018

There’s a lot you can learn by reviewing how you did with your money over the last year. Let’s look back at 2018 to see what kind of personal finance lessons it offered. While 2018 is in the past, that doesn’t mean we have to file it away just yet. To grow your money more in 2019, it can help […]

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