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Monthly Archives: October 2019

Hong Kong housing policies target affordability, public developments

Residential units are seen clustered tightly together in an apartment complex in the Quarry Bay area of Hong Kong. Alex Ogle | AFP | Getty Images Hong Kong’s new housing policy package may ease some tensions, but it is unlikely to cure social unrest in the city, says JLL’s Hong …

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Amazon earnings, ECB decision, Pence speech

Here are the most important things to know about Thursday before you hit the door. Jeff Bezos, founder of Amazon and Blue Origin speaks during the JFK Space Summit, celebrating the 50th anniversary of the moon landing, at the John F. Kennedy Library in Boston, June 19, 2019. Katherine Taylor …

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Jack Reacher Is Still Restless. But His Creator Has Settled Down.

Child drinks a meager half cup of coffee, claiming to have had a whole pot at home. He insists on paying the check, either out of gallantry or for tax reasons. Then we climb into his distinctly un-Reacher-like electric blue S.U.V. and begin a drive straight out of his novel. …

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As Chipotle’s stock slides, analysts ask if its valuation has peaked

Shares of Chipotle Mexican Grill fell 4% in trading Wednesday, despite crushing earnings estimates and reporting its highest same-store sales growth in more than two years. Analysts are pointing to the stock’s high valuation. In the last year, the stock has soared 84% to $797 per share, giving it a …

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King Princess Puts Modern Romance in a Musical Time Machine

King Princess — the songwriter Mikaela Straus, now 20 — launched her recording career early last year with “1950,” a streaming hit that begins with a blunt statement about her sexual orientation: “I hate it when dudes try to chase me.” Then it delves into an infatuation — “tell me …

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Software stocks were thought to be a can’t miss trade this year, but now they are struggling

Free gondola rides to and from Salesforce Park Source: Saleforce Transit Center In a year plagued by U.S.-China trade tensions where investors piled into “tariff-proof” software stocks like Microsoft and Salesforce, a stunning reversal is occurring. As trade tensions cool-off and a slowing economy forces companies to spend less on …

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Bitcoin plummets as cryptocurrencies come under fire from Congress

A smartphone displays the Bitcoin GBP market value on the stock exchange via the Yahoo Finance app. Guillaume Payen | LightRocket | Getty Images Bitcoin nosedived Wednesday as Congress members highlighted the downsides of cryptocurrency on Capitol Hill. The world’s largest digital currency fell as much as 9% to a …

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10 states where child care is devouring millennials’ paychecks

MoMo Productions | Taxi | Getty Images Forget rent. Cash-strapped millennials who are starting families have a new cost on the horizon: child care. In 30 states and Washington, D.C., the annual cost of sending an infant to a child care center exceeds the annual in-state tuition and fees at …

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Honeywell CEO says bookings ‘very, very strong,’ in sign global economy may be rebounding

Companies may be sounding the alarm on global growth, but according to Honeywell CEO Darius Adamczyk things are actually looking pretty good. “What predicts the future is bookings, and our bookings performance was very, very strong,” he said Wednesday on CNBC’s “Squawk Box.” “Our backlog was up high single digits …

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McDonald’s burned by fake meat, fad chicken, but Big Mac still a buy

McDonald’s lost a few recent fast food skirmishes. Restaurant Brands’ Burger King beat it to fake meat and the Popeyes chain it acquired in 2017 launched a breakout chicken sandwich that has set a new standard for fried poultry on a bun. McDonald’s stock tanked by 5% on Tuesday after …

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