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Business News

Exclusive – AT&T CEO: We made ‘big mistake’ hiring Cohen, chief lobbyist out

(Reuters) – AT&T Inc on Friday ousted its top lobbyist, and the No. 2 wireless carrier’s chief executive officer said in a memo it was “big mistake” to hire Michael Cohen, President Donald Trump’s personal attorney, for advice on working with the Trump administration.

…read more […]

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Trading Ideas

The “Blue Zones” of Wealth and Happiness

Two months ago, a friend invited me to a weekend social event at his ranch near Austin, Texas.

There I met a journalist who had spent years researching the health, diet and lifestyles of the world’s longest-lived people.

“Wait a minute,” I interjected. “Are you that Blue Zones guy?”

He was.

I was talking to Dan Buettner, the National Geographic fellow and best-selling author of several books, including The Blue Zones Solution: Eating and Living Like the World’s Healthiest People.

The conversation later turned to the financial markets and the search for practical investment solutions.

After a few minutes, Dan said, “Hold on. Are you that …read more […]

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Trading Ideas

Oil near multi-year highs as Iran sanctions tighten supply outlook

Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new U.S. sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping pace with rising demand. The United States plans to reintroduce sanctions against Iran, which pumps about 4 percent of the world’s oil, after abandoning a deal reached in late 2015 that limited Tehran’s nuclear ambitions in exchange for the removal of U.S. and European sanctions. The global oil market is finely balanced, with top exporter Saudi Arabia and No.1 producer Russia having …read more […]