Reported 11 months ago
China's Taiwan Affairs Office announced the immediate implementation of 22 new regulations, including the ability to impose the death penalty, aimed at punishing individuals advocating for Taiwan independence. The Taiwan Mainland Affairs Council responded by asserting the rights of Taiwan's 23 million citizens under the ROC constitution and criticized China's actions as detrimental to cross-strait relations. The regulations target individuals promoting separatist activities, with severe penalties up to the death penalty for those considered particularly harmful to national security. China also expressed strong opposition to recent US arms sales to Taiwan, imposing countermeasures on Lockheed Martin and its key personnel to protect its sovereignty and territorial integrity.
Source: YAHOO
Reported 11 months ago
Chappell Roan, a rising pop star, received a standing ovation for her late-night debut performance of 'Good Luck, Babe!' on 'The Tonight Show Starring Jimmy Fallon.' The hit single tells a story of a closeted queer love experience, resonating with audiences and showcasing Roan's powerful vocals. Her debut album, 'The Rise and Fall of a Midwest Princess,' recently hit No. 1 on the U.S. iTunes charts after successful performances at Coachella and NPR's Tiny Desk, establishing her as a rising talent in the music industry.
Source: YAHOO
Reported 11 months ago
Chipotle is implementing a 50-for-1 stock split, where each shareholder will receive 50 shares for each one they hold, reducing the price per share from about $3,220 to $64. Chief financial officer Jack Hartung stated that this aims to make the stock more accessible to employees and a wider range of investors. Stock splits like this are meant to make stocks more affordable without impacting existing shareholders negatively, with research suggesting that companies that split their stock tend to outperform the S&P 500 in the short term. Trading at the split-adjusted price begins on June 26th.
Source: YAHOO
Reported 11 months ago
Recent surveys show that many Americans prefer to age in place in their current homes during retirement. However, NextAvenue's analysis suggests that there could be unforeseen consequences to this concept. The columnists Edd and Cynthia Staton caution that declining health and mobility issues may make aging in place less feasible, with safety concerns such as falls being a significant risk in homes not designed for aging. Additionally, social isolation and neighborhood changes over time can impact the well-being of older adults who choose to remain in their homes. Renovations, including those financed through options like reverse mortgages, are becoming more common to address these challenges.
Source: YAHOO
Reported 11 months ago
Evercore ISI recently raised its year-end target for the S&P 500 to 6,000, the highest target on Wall Street. Julian Emanuel, Senior Managing Director of Equity, Derivatives, and Quantitative Strategy at Evercore ISI, explained that they do not see signs of a market bubble forming, and there are no red flag signs of a recession based on jobless claims numbers. The firm remains optimistic about higher stock prices due to factors such as subdued sentiment and the Fed's cautious approach, expecting more room for growth. Emanuel also discussed the market's confidence in the Fed's ability to handle rate cuts appropriately, emphasizing the importance of avoiding policy errors.
Source: YAHOO
Reported 11 months ago
To maximize retirement income, understanding Social Security spousal benefits is key. Lower-earning spouses can receive up to 50% of their higher-earning spouse's benefit at full retirement age. Qualifications involve age, marital status, and specific life events. Working with a financial advisor for personalized strategies is recommended. Calculations consider factors like full retirement age, claiming benefits early or late, and impact on other retirement benefits or for widows/widowers. Divorced spouses can also claim benefits under conditions, including marriage duration and age requirements.
Source: YAHOO
Reported 11 months ago
Source: INVESTORS
Reported 11 months ago
Shares of Palantir (PLTR) experienced a significant decline following a downgrade from Neutral to Sell by Monness Crespi Hardt, attributing it partly to analysts' valuation concerns regarding software stocks with high valuations. The firm set a $20 price target for Palantir shares. The stock, which has surged 39% this year, received unusual negative sentiment from sell-side analysts, with seven Sell ratings among a total of twenty. Wall Street typically shows more bullishness towards software enterprise companies, making the negative sentiment towards Palantir stand out.
Source: YAHOO
Reported 11 months ago
UBS analysts are keeping a Buy rating on McDonald's, predicting that discounts on value meals will drive sales for the fast-food chain in the latter part of 2024. Analyst Dennis Geiger from UBS expects a positive impact on same-store sales from the $5 meal deal introduction and foresees a permanent value platform being launched later in the year. Despite temporary pressures on same-store sales trends, improvements are anticipated throughout 2024.
Source: YAHOO
Reported 11 months ago
A new study published in the New England Journal of Medicine suggests that tirzepatide, found in the obesity drug Zepbound and the diabetes treatment Mounjaro, may help reduce the severity of sleep apnea in patients with obesity. The drug also led to weight loss, improved blood pressure, and other health measures. Eli Lilly and Co. is seeking FDA approval to expand the drug's use to treat moderate to severe sleep apnea. However, more research is needed to determine if tirzepatide can be used as a sole treatment for obstructive sleep apnea, which affects an estimated 20 million Americans and can lead to various health issues.
Source: YAHOO
Reported 11 months ago
AMC Entertainment Holdings Inc. is engaged in confidential discussions with lenders to reduce its debt and extend short-term maturities, aiming to address a debt load of about $4.5 billion with over $2.8 billion in maturities due in 2026. AMC has previously used strategies such as stock swaps to manage its debt amidst challenges in the movie theater industry, with ongoing negotiations and a focus on refinancing to potentially improve its financial position.
Source: YAHOO
Reported 11 months ago
The Allrecipes Summer Magazine has been released with 20 brand new recipes perfect for the season, including grilled shrimp skewers, charred cabbage slaw, grilled radicchio salad, pickled veggies, and more. The recipes range from refreshing salads and desserts to creative sandwiches and spicy sides, offering a variety of options for summer cookouts and gatherings.
Source: YAHOO
Reported 11 months ago
Despite ongoing maritime challenges, these issues have not yet captured the attention of consumers. Problems such as seafarers being taken hostage, vessel attacks, and sinking ships have become background noise in the news, with consumers unaware unless they actively follow trade news. Recent data has shown a significant drop in revenues, vessel crossings, and cargo volume passing through the Suez Canal, leading to economic ramifications for Egypt. Companies are facing congestion and rising freight rates due to the Red Sea diversions, while experts warn that inflation in ocean freight rates may continue until early 2025, potentially reaching peaks of $20,000 to $30,000.
Source: YAHOO
Reported 11 months ago
Smith & Wesson Brands (SWBI) 的股票周五稍晚交易下跌。這家槍械公司報告的第四季業績高於街頭預期，但第一季的預測令投資者感到失望。專家在 Yahoo Finance 的節目中討論了該股票的走勢，並指出2020年記錄性槍械銷售可能導致對新槍械禁令的擔憂減少，這可能是導致 Smith & Wesson 發布這種預測的原因。
Source: YAHOO
Reported 11 months ago
Source: INVESTORS
Reported 11 months ago
A significant surge in U.S. big tech stocks may be due for a pause, with the S&P 500 largely driven by the tech and communications sectors this year. The concentrated gains in tech have raised concerns of overheating, leading some investors to consider value and cyclical stocks as potential alternatives. Signs of exhaustion in tech, such as Nvidia's recent decline, have emerged, prompting a potential rotation in the market. Economic data ahead, including inflation figures, could also impact investor sentiment towards tech stocks.
Source: YAHOO
Reported 11 months ago
Karen Derrico remains positive post-divorce with Deon Derrico, updating fans on her family's well-being and summer plans after their 19-year marriage came to an end. The mom of 14 shared gratitude for the outpouring of love and support from fans, emphasizing the importance of self-care and spending quality time with her kids. Karen is also preparing for speaking engagements to share her story and journey, focusing on her well-being and looking ahead towards the future.
Source: YAHOO
Reported 11 months ago
Nesto Inc., a Canadian online mortgage company backed by Montreal’s Desmarais family, has acquired real estate financier CMLS Group, resulting in a merged entity with over C$60 billion in mortgages under administration. The deal, with undisclosed financial terms, was supported by investments from Diagram Ventures, Portage, IGM Financial, National Bank of Canada, and others. Nesto plans to continue operating CMLS business units while exploring new lines like commercial lending, aiming to capitalize on the Canadian mortgage market with the rising demand for housing.
Source: YAHOO
Reported 11 months ago
The cast of 'The Rookie' has commenced filming Season 7, sharing fun behind-the-scenes photos on social media to keep fans excited. With production starting and hints at a big case and challenges in the upcoming season, viewers will have to wait until at least January 2025 for the premiere. As the cast teases something significant on the horizon, fans are eagerly anticipating the return of the show.
Source: YAHOO
Reported 11 months ago
Source: YAHOO
Reported 11 months ago
現代觀眾對末日題材的吸引力逐漸增加，反映了對人工智能、數碼監控、氣候變化等問題日益增長的擔憂。自2010年以來，末日題材的電影數量翻了兩番，遠遠超過整體電影發行量的增長。這種趨勢表明影視圈對觀眾對世界末日的興趣做出了強烈回應。大多數自2010年以來釋出的末日題材電影吸引了男性觀眾，也吸引了年輕和老年觀眾，而系列電影和翻拍作品吸引了老年觀眾。除了主要男性觀眾外，越來越多的末日題材電影也吸引女性觀眾。約21％自2010年以來釋出的末日題材電影以女性觀眾為主，其中大多數吸引了年輕觀眾。
Source: YAHOO
Reported 11 months ago
Regulators found weaknesses in 'living wills' submitted by the country’s largest banks, including JPMorgan Chase (JPM), Bank of America (BAC), Goldman Sachs (GS), and Citigroup (C). The Federal Reserve and Federal Deposit Insurance Corporation identified a 'shortcoming' in the plans submitted in 2023, raising questions about their feasibility. Citigroup's plan was found to have a more serious 'deficiency' according to the FDIC. The banks have until September to address these weaknesses and must improve their resolution plans by July 1, 2025, under Dodd-Frank regulations.
Source: YAHOO
Reported 11 months ago
Under an amended agreement, Sun Country Airlines will operate eight more Boeing 737-800 freighters for Amazon's cargo network, boosting their cargo profits significantly. The contract extension until 2030 will see the fleet expand by 60-65% in 2025, leading to cargo revenue aligning with passenger margins by 2026. The enhanced deal comes after Amazon ends its partnership with Atlas Air to prioritize reliable service. Sun Country expects improved flight schedules and margins, with no ownership costs as Amazon provides the aircraft.
Source: YAHOO
Reported 11 months ago
美國煉油企業上週加快生產噴射燃料，達到自疫情爆發以來最快速度，以應對預估今年夏天航空旅行將創紀錄的需求。根據美國能源資訊署的數據，美國煉油企業上週的淨噴射燃料生產量達約每日190萬桶，較去年同期上升8%，為自2020年1月以來的最高周產量。政府機構和旅行團體正在為整個夏季機場的旅客人數創紀錄做好準備，噴射燃料消耗首次超過疫情前的峰值。
Source: YAHOO
Reported 11 months ago
Celebrities like Kevin Jonas, Christie Brinkley, and Andy Cohen have opened up about their experiences with skin cancer and emphasized the importance of protecting oneself from UV rays to prevent skin cancer recurrence. Various stars have shared their skin cancer diagnoses, emphasizing the significance of wearing sunscreen and avoiding prolonged sun exposure.
Source: YAHOO