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Wall Street falls as drops in Amazon, Intel add to trade jitters

Amazon dropped as much as 1.9 percent, before paring losses to trade down 1 percent. “Traders are very reactionary to Supreme Court news that could impact the balance sheet of online retailers,” said Andrew Thrasher, portfolio manager with Financial Enhancement Group LLC in Indianapolis, Indiana. …read more […]

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This chart should convince every teen to start saving for retirement

If you start saving in a Roth IRA at age 15 rather than 25, you can double your savings by retirement with no extra work. “Individual retirement accounts, known as IRAs, are super smart places to put your money. Kobliner says young people should be taking advantage of Roth IRAs, because any earned income stored there will be taxed today rather than at withdrawal, when they’re more than likely to be in a higher tax bracket. …read more […]

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Suspect arrested in rapper XXXTentacion’s shooting death

A 22-year-old suspect has been arrested and charged with murder days after the killing of rising rap star XXXTentacion, who was fatally shot in his luxury BMW electric car as he left an upscale motorcycle dealership in Florida. Dedrick Devonshay Williams of Pompano Beach was arrested shortly before 7 p.m. Wednesday after a traffic stop, the Broward Sheriff’s Office said a statement Thursday. Jahseh Dwayne Onfroy, 20, who went by the stage name pronounced “Ex Ex Ex ten-ta-see-YAWN,” was gunned down Monday, bringing a violent end to a brief music career that was marked by controversy and arrests. …read more […]

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Business News

Exclusive: Canada could make it harder for U.S. to win fighter bid – sources

OTTAWA (Reuters) – Canada is discussing changes to a multibillion-dollar fighter jet procurement process that could make it harder for a U.S. company to win the order as trade relations between the neighbors sour, two sources with direct knowledge of the discussions said.

…read more […]

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Intel CEO resigns after probe into relationship with employee

“An ongoing investigation by internal and external counsel has confirmed a violation of Intel’s non-fraternization policy, which applies to all managers,” Intel said in a statement. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including both internal and external candidates. Intel declined to give any further information about the probe. …read more […]

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Trading Ideas

Intel CEO resigns after probe into relationship with employee

“An ongoing investigation by internal and external counsel has confirmed a violation of Intel’s non-fraternization policy, which applies to all managers,” Intel said in a statement. The board named Chief Financial Officer Robert Swan as interim CEO and said it has begun a search for a permanent CEO, including both internal and external candidates. Intel declined to give any further information about the probe. …read more […]