Reported 8 months ago
Originally built in 1897 near Philadelphia, Lynnewood Hall was intended for Peter Widener and his family, but tragically, some heirs died on the Titanic. Left abandoned for years, the mansion was later purchased by the Lynnewood Hall Preservation Foundation in 2023 for over $9 million with plans to restore it, featuring 32 bedrooms, 28 bathrooms, and stunning architecture reminiscent of a bygone era. The foundation aims to revive this historic estate, estimated to cost around $110 million for full restoration.
Source: YAHOO
Reported 8 months ago
As several financial firms raise their target goals for the S&P 500 (^GSPC), Evercore ISI notably increases its target to 6,000. Roth MKM Partners Chief Economist and Macro Strategist Michael Darda warns investors about chasing the market momentum and the dangers of leveraging in the current frenzy. He advises diversifying investments and considering laggard areas when building a long-term portfolio, emphasizing the importance of not getting caught up in a chase and maintaining a cautious approach.
Source: YAHOO
Reported 8 months ago
Citigroup Inc.'s US equity strategist has revised the year-end forecast for the S&P 500 Index to 5,600 from 5,100, attributing it to the strength in technology stocks like Apple Inc. and expectations for earnings growth extending to other S&P 500 companies. This update makes Citigroup the third firm, after Goldman Sachs Group Inc. and Evercore ISI, to raise their forecast for the index, signaling optimism in the market despite previous forecasts being surpassed. The heightened optimism is influenced by the growth of mega-cap tech stocks and positive economic factors, leading to an increased chase among Wall Street forecasters to keep up with the rally this year.
Source: YAHOO
Reported 8 months ago
Source: BARRONS
Reported 8 months ago
Source: INVESTORS
Reported 8 months ago
Trina McGee, known for 'Boy Meets World,' is expecting her fourth child at age 54, describing the pregnancy as 'completely natural' and feeling like a miracle. She and her husband plan to wait to name the baby based on the child's characteristics following an indigenous African tradition. While her former castmate had initial skepticism, McGee received an outpouring of love and support from fans upon announcing the pregnancy on Instagram.
Source: YAHOO
Reported 8 months ago
Jimin surprised fans by revealing his upcoming second solo album, 'Muse,' set to release on July 19th. In the teaser, Jimin was seen holding sheet music with the words 'La Lettra,' sparking speculation about a potential upcoming single. Stay tuned for more updates!
Source: YAHOO
Reported 8 months ago
Is B.A.P making a comeback? Fans are moved to tears as the captain shares a long-awaited rabbit photo: Come back soon
Source: YAHOO
Reported 8 months ago
Senate Majority Leader Chuck Schumer has initiated the process for a vote on the Reproductive Freedom for Women Act, which aims to reestablish a national right to abortion before the third trimester by codifying the protections of Roe v. Wade. This action follows previous votes on legislation protecting women's access to contraception and in vitro fertilization, which were blocked by Republicans. The upcoming vote is expected next month as the Senate goes on a two-week recess. Schumer criticized Republicans for aligning with extremist views on reproductive rights while they argue the Democratic bills were drafted too broadly with unacceptable provisions.
Source: YAHOO
Reported 8 months ago
JPMorgan's chief global markets strategist, Marko Kolanovic, predicts a 23% decline in the S&P 500 by the end of 2024. He highlights the need for significant changes, particularly in the tech sector, to prevent this downward trend. Despite some bullish sentiments in the market, Kolanovic maintains his bearish outlook, citing concerns about earnings growth and the overall economic landscape.
Source: YAHOO
Reported 8 months ago
The Federal Trade Commission (FTC) has filed a lawsuit against Adobe, alleging that the software company violated consumer protection laws by making subscription cancellations difficult for consumers. Adobe responded by stating they prioritize ensuring positive customer experiences and provide transparent terms and a simple cancellation process. The lawsuit claims Adobe trapped customers into year-long subscriptions with hidden fees and hurdles for cancellation, resulting in a legal battle between the company and the FTC. The lawsuit references a 2010 consumer protection law designed to protect online shoppers from unfair practices.
Source: YAHOO
Reported 8 months ago
Sabato De Sarno presented a colorful and precise men's Spring Summer 2025 collection for Gucci in Milan, marking the conclusion of Milan Fashion Week. The collection featured vibrant prints, structured leather jackets, and innovative styling details like chunky sunglasses and detachable bags. Serena Williams praised De Sarno's designs, while Giorgio Armani showcased soothing hues and relaxed tailoring in his Spring-Summer 2024 collection, emphasizing his timeless and steady evolution in the fashion industry.
Source: YAHOO
Reported 8 months ago
Morgan Stanley reiterates its Overweight rating on Dell Technologies stock, causing a 6% increase. The firm emphasizes Dell's competitive advantages, particularly in the AI server market driven by cloud service providers. Analysts are positive about Dell's future performance and potential for higher margins, predicting a $155 price target with a bull case target at $200.
Source: YAHOO
Reported 8 months ago
Southern Company CEO Chris Womack predicts an increase in industry commitments to build gigawatt-scale light water nuclear reactors in the United States before 2030. The company recently started commercial operations on its Vogtle 4 reactor, marking the first nuclear power plant construction in the country in over 30 years. Womack anticipates announcements in 2027 or 2028 for the construction of similar reactors, larger than advanced small modular reactors that are yet to be built in the US.
Source: YAHOO
Reported 8 months ago
General Electric Co. CEO Larry Culp has declined Boeing's request to consider taking over as the U.S. planemaker's top boss. Culp had previously stated that he was not interested in the job, emphasizing that he can best serve Boeing as its supplier. Boeing has faced safety concerns and production issues, such as the FAA's restriction on expanding production of the 737 MAX jets and quality problems with the 787 Dreamliner.
Source: YAHOO
Reported 8 months ago
Derek Jeter's iconic Greenwood Lake mansion, known as his 'castle,' is close to closing a sale with a new owner. The property, located in Warwick, New York, has historical ties to Jeter's family and offers luxurious amenities including a main house, guest house, pool house, boat house, infinity pool, gardens, and 700 feet of lakefront. The estate, originally listed for $14.75 million in 2018, is now under contract after being listed most recently for $6.3 million. The sale signifies a new chapter for the lakeside property.
Source: YAHOO
Reported 8 months ago
Some owners of the Colonial Pipeline are contemplating selling their stakes in the company at a valuation exceeding $10 billion, as reported by sources. Canadian pension fund CDPQ is already working on selling its 16.6% stake, while other major stakeholders like Shell, IFM Investors, and KKR are also considering divestment. Potential buyers include infrastructure funds, public pension funds, and sovereign wealth funds. Colonial Pipeline, which spans 5,500 miles and transports 100 million gallons of fuel daily, faced a major cyberattack in 2021, prompting discussions about the company's value and possible ownership changes.
Source: YAHOO
Reported 8 months ago
A federal judge has ordered the historic SS United States, known for holding the transatlantic speed record, to vacate its berth in Philadelphia due to a rent dispute. The judge ruled that the conservancy overseeing the ship must find a new home and raise funds for insurance, tugs, surveys, and dock preparations for relocation. Built in 1952, the SS United States broke speed records and served as a military vessel, but has faced decades of decay and failed redevelopment attempts by private owners. The ship must now find a new purpose or possibly face commercial redevelopment.
Source: YAHOO
Reported 8 months ago
Liz Woods from '90 Day Fiancé' has introduced her new boyfriend on Instagram just two months after breaking up with Big Ed. The TLC star shared a series of photos with her beau and her family, expressing happiness and love. Fans showed their support for Liz, who revealed that her new boyfriend has been a source of healing and growth for her after the breakup with Big Ed.
Source: YAHOO
Reported 8 months ago
凱蒂·佩芮在離開《美國偶像》時淚流滿面，但今天她透過一個慶祝性公告預告了她在《美國偶像》事業後的首支單曲。佩芮發布了一張她作為穿比基尼的半人半馬的照片，揭露了她的新歌名為《Woman's World》，發行日期為7月11日，而MV則定於7月12日推出。自2020年的專輯《Smile》以來，她只推出了與瑞典DJ Alesso和Thomas Rhett 等人的合作作品。
Source: YAHOO
Reported 8 months ago
Adam Rose, a working actor affected by the Covid pandemic, found a new path to success through social media. While continuing his acting career, he gained popularity as a digital content creator and influencer with millions of followers on platforms like TikTok and YouTube. His career shift led to representation by top agencies and notable roles in TV shows and movies, showcasing the impact of adapting to the digital age in Hollywood.
Source: YAHOO
Reported 8 months ago
Texas, Louisiana, and Mississippi filed a lawsuit against the U.S. government to stop a proposed rule requiring offshore oil and gas companies to secure nearly $7 billion for dismantling old infrastructure. This rule aims to prevent taxpayers from bearing decommissioning costs that should be covered by the industry. The lawsuit argues that the regulation unfairly targets smaller energy producers, impacting businesses and Americans. The Gulf Alliance and several oil operators have raised concerns over the financial burden and potential business closures. The new rule may lead to shut-ins if companies fail to meet the requirements, affecting offshore oil production in the Gulf of Mexico.
Source: YAHOO
Reported 8 months ago
Jennifer Lopez has recently wrapped production on the upcoming movie musical 'Kiss of the Spider Woman,' where she serves as a co-producer alongside Ben Affleck and 12 others. The film is an adaptation of the 1993 Broadway musical and stars Lopez as Aurora, with filming starting in New Jersey in April. This marks Lopez's debut in a movie musical more than 30 years after the original Broadway show of the same name.
Source: YAHOO
Reported 8 months ago
Disney's 'Inside Out 2' grossed an impressive $155 million in its domestic box office debut, surpassing expectations and marking a significant win for Pixar. This victory comes as Disney aims to revamp its box office strategy following several setbacks. The success of 'Inside Out 2' is a positive development for Disney, especially after recent disappointments with other animated films. The company's focus on quality over quantity and its return to a theatrical-first model will shape its future movie releases.
Source: YAHOO
Reported 8 months ago
Source: BARRONS