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Monthly Archives: February 2018

Senate panel approves Trump’s nominees for antitrust agency

Tom Williams | CQ Roll Call | Getty Images Joseph Simons, nominee to serve on the Federal Trade Commission, testifies during a Senate Commerce, Science, and Transportation Committee confirmation hearing in Hart Building on February 14, 2018. The Senate Commerce Committee voted on Wednesday to approve President Donald Trump’s four …

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People in these 10 states are the unhappiest in the US

The well-being and happiness of people in the United States took a hit in 2017, including the worst lows since the Great Recession. That’s according to the annual Gallup-Sharecare Well-Being Index results released this month. Last year, America saw the greatest year-over-year decline in well-being and happiness, with 21 states …

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KFC reports gravy shortage, following chicken crisis

Getty Images People look into a branch of KFC that is closed due to problems with the delivery of chicken on February 20, 2018 in Bristol, England. KFC has been forced to close hundred of its outlets as a shortage of chicken, due to a failure at the company’s new …

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At least 15 people killed in Egyptian train crash

Mohamed El-Shahed | Getty Images A skyline view of Cairo, Egypt At least 15 people were killed and 40 others were injured in a train crash on Wednesday in Egypt’s northern province of Beheira, the official news agency MENA said, citing the transport ministry spokesman. Two passenger carriages separated from …

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Google launches multi-faceted featured snippet format

Beck Diefenbach | Reuters Google CEO Sundar Pichai takes the stage during the presentation of new Google hardware in San Francisco on Oct. 4, 2016. As Google gears up for the move to voice-powered devices, the company is tweaking its search engine to give users the best answer quickly, even …

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This index shows enthusiasm for the economy is getting out of hand

The index does not suggest that the economy is falling off a cliff. Its reading of 33.5 indicates that data continues to surprise to the upside, but not nearly as much as earlier this year. While the fourth-quarter GDP reading came in right around expectations, there have been some notable …

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Struggling bitcoin will double by mid-year, Wall Street’s Tom Lee says

Rakuten did not immediately respond to a request for further comment. On Wednesday, Lee maintained his midyear bitcoin price target of $20,000 — roughly double Wednesday’s prices — and a year-end target of $25,000. Lee is the only major Wall Street strategist to issue formal price targets on bitcoin, although …

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Herbalife plans a stock split and will change its name

Patrick T. Fallon | Bloomberg | Getty Images Products are prepared for shipment at the Herbalife Los Angeles distribution center in Carson, California. Herbalife said on Wednesday it plans to change its corporate name, refinance debt and effecta 2-for-1 stock split to boost shareholder returns, sending its shares to an …

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Snapchat app redesign fails to spook Wall Street

Michael Nagle | Bloomberg | Getty Images Matthew Kobach, manager of digital and social media at the New York Stock Exchange (NYSE), center, takes a selfie photograph wearing a pair of Snapchat Spectacles by Snap Inc. on the floor of the New York Stock Exchange (NYSE) during the company’s initial …

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Majority of shoppers are open to Amazon cryptocurrency, survey shows

As Amazon continues its rapid expansion into groceries, health care and more, it may next want to disrupt the banking system, new research indicates. More than half of Amazon shoppers would embrace using an Amazon-created cryptocurrency on the site, according to a LendEDU survey released Wednesday. Of the 1,000 shoppers …

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