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Monthly Archives: August 2019

Stocks won’t bottom until panic gets more extreme: BofA

New charts from Bank of America-Merrill Lynch’s Stephen Suttmeier suggest two things must happen before the stock market bottoms: The S&P 500 needs to fall another 5% and panic needs to get more extreme. His first chart shows the S&P 500’s decline, and the key levels to watch. “The correction …

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British Airways’ New York-London and other high revenue airline routes

British Airways airoplane Boeing B747-400 in the sky above clouds. hady Khandan | ullstein bild | Getty Images In case the suites and lobster at the front of the plane didn’t give it away, a new ranking shows how high-paying travelers rule the skies. The routes that make the most …

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There are now 175 online mattress companies—and you can’t tell them apart

Samurai Messenger Service prepares to deliver a packaged mattress from the bed delivery company Casper in New York. Yana Paskova | The Washington Post | Getty Images Gone are the days of flopping onto mattress after mattress in a stuffy showroom floor. Online mattress companies that ship to your front …

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Weight Watchers new children’s app, Kurbo, faces backlash

Kurbo app Scott Mlyn | CNBC Do your homework! Clean your room! Count your Weight Watchers points? Weight Watchers, which now calls itself WW, this week introduced a new app called Kurbo by WW to “help kids and teens ages 8-17 reach a healthier weight.” WW last year acquired Kurbo, …

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Arctic wildfires emit more CO2 in June than Sweden does in an entire year

Smoke billows from a fire outside Ljusdal, Sweden in July, 2018. Sweden is fighting its most serious wildfires in decades, including blazes above the Arctic Circle, prompting the government to seek help from the military, hundreds of volunteers and other European nations. Maja Suslin | TT | AP Smoke from …

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strangest and most alarming things

CEO of WeWork Adam Neumann Getty Images WeWork’s parent company, the We Company, made a splash earlier this week with the release of its much-anticipated IPO prospectus. The company’s S-1 lays the groundwork for what is widely expected to be one of the largest initial public offerings of the year, …

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Rats, mice in Kushner-owned buildings in Baltimore

These people smelled a rat — and saw a bunch of them too — in Baltimore County, Maryland, apartments owned by the family of President Donald Trump’s son-in-law. Weeks after Trump ignited a firestorm of controversy and accusations of racism by calling the Baltimore-area district of Rep. Elijah Cummings “a …

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5 things to know before the stock market opens August 16, 2019

1. Dow to jump 250 points at the open after a wild week U.S. stock futures were pointing to a 250-point gain for the Dow Jones Industrial Average at the Friday open, capping a wild week on Wall Street. The Dow bounced up 100 points Thursday, a day after losing …

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FTSE 100 fails to open

London Stock Exchange Toby Melville | Reuters London’s FTSE 100 index failed to open at the start of the European trading on Friday. The London Stock Exchange (LSE) is investigating a potential trading services issue, according to an official statement on the LSE website. The LSE said it expected to …

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John Hickenlooper drops out of 2020 presidential race

John Hickenlooper, former governor of Colorado and 2020 presidential candidate, pauses while speaking during the Progress Iowa Corn Feed in Cedar Rapids, Iowa, U.S., on Sunday, July 14, 2019. Daniel Acker | Bloomberg | Getty Images Former Colorado Gov. John Hickenlooper dropped out of the 2020 Democratic presidential primary race …

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