Author Archives: Lee Heavener

Trump signals he's open to mileage tax with praise of Oregon program

Trump signals he's open to mileage tax with praise of Oregon programThe White House on Wednesday praised an experimental program in Oregon that charges a mileage tax to volunteer drivers, adding to signals that President Donald Trump is open to finding new revenue sources to pay for his proposed infrastructure program.

Source: Yahoo Finance

Urged on by Trump, GOP to fight Pennsylvania's district map

Urged on by Trump, GOP to fight Pennsylvania's district mapUrged on by President Donald Trump, Republicans vowed Tuesday to fight Pennsylvania’s new court-imposed map of congressional districts, as dozens of candidates assessed their chances under newly formed …

Source: Yahoo Finance

Russia, Vladimir Putin are the enemy, not Trump or Democrats: Col. Ralph Pet

Russia, Vladimir Putin are the enemy, not Trump or Democrats: Col. Ralph PetRussia needs to pay a price for what they attempted to do, and President Trump should enact sanctions on the Kremlin.

Source: Yahoo Finance

China to Restrict Outbound Investment

China to Restrict Outbound InvestmentFeb.19 — David Blumenfeld, Paul Hastings Partner, discusses the restriction on outbound investment from China. He speaks with Yvonne Man on "Bloomberg Daybreak: Asia."

Source: Yahoo Finance

China, US skirmish over nuclear codes: Report

China, US skirmish over nuclear codes: ReportChina reportedly came close to getting its hands on the U.S. nuclear codes. Fox News military analyst Gen. Jack Keane (Ret.) weighs in.

Source: Yahoo Finance

Alibaba, Tencent rally troops amid $10 billion retail battle

Alibaba, Tencent rally troops amid $10 billion retail battleChina’s tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd, worth a combined $1 trillion, are on a retail investment binge, forcing merchants to choose sides amid a battle for shoppers’ digital wallets. The result: fewer and fewer retailers left without allegiance to either Tencent of Alibaba.

Source: Yahoo Finance

Trump supporters have their own dating websites now — and they're already sparking controversy

Trump supporters have their own dating websites now — and they're already sparking controversyTrump Dating and TrumpSingles are two websites catering to supporters of US President Donald Trump. Republican and Democratic dating sites have popped up in the past, as well as a site for Bernie Sanders supporters. The MAGA-oriented dating websites have both arisen in a time of intense political polarization.

Source: Yahoo Finance

Biden, in public and private, tiptoes toward a 2020 run

Biden, in public and private, tiptoes toward a 2020 runFormer Vice President Joe Biden is tiptoeing toward a potential presidential run in 2020, even broaching the possibility during a recent gathering of longtime foreign policy aides. Huddled in his newly …

Source: Yahoo Finance

Florida, angry and grieving, takes gun protest to streets

Florida, angry and grieving, takes gun protest to streetsThousands of angry students, parents, teachers and neighbors of a Florida high school where 17 people were killed demanded on Saturday that immediate action be taken on gun-control legislation, insisting …

Source: Yahoo Finance

Trump meets Florida shooting victims, first responders

Trump meets Florida shooting victims, first respondersPresident Donald Trump came face-to-face Friday with hospitalized victims of the horrific school shooting in Florida and offered thanks to the doctors and nurses who helped the wounded, declaring “the …

Source: Yahoo Finance

Oil gains in weekly recovery on equities rebound, weak dollar

Oil gains in weekly recovery on equities rebound, weak dollarOil prices edged up on Friday as a rebound in the global equities market and a weak dollar supported crude’s recovery from last week’s slide. Global stocks rallied for a sixth straight session to post their best week in more than two years. The weaker dollar has been extremely supportive to crude,” said Bill Baruch, president and founder of Blue Line Futures.

Source: Yahoo Finance

Florida gunman had extra ammo at school, fired for 3 minutes

Florida gunman had extra ammo at school, fired for 3 minutesThe teenager accused of using a semi-automatic rifle to kill 17 people at a Florida high school confessed to carrying out one of the nation’s deadliest school shootings and carried extra ammunition in …

Source: Yahoo Finance

McDonald's moves cheeseburgers off Happy Meal menu

McDonald's moves cheeseburgers off Happy Meal menuNEW YORK (AP) — McDonald's is taking cheeseburgers and chocolate milk off its Happy Meal menu in an effort to cut down on the calories, sodium, saturated fat and sugar that kids consume at its restaurants.

Source: Yahoo Finance

5 Things Every 50-Something Should Know About Retirement

5 Things Every 50-Something Should Know About RetirementPreparing for retirement in your 50s doesn't have to be hard.

Source: Yahoo Finance

Cisco beats estimates, boosts buyback program by $25 billion

Cisco beats estimates, boosts buyback program by $25 billionCisco Systems Inc reported its first rise in quarterly revenue in more than two years, which also topped analysts’ estimates, as the network gear maker’s years-long efforts to transition to a software-focused …

Source: Yahoo Finance

Phillips 66 to buy back 35 mln shares from Berkshire Hathaway

Phillips 66 to buy back 35 mln shares from Berkshire HathawayPhillips 66 will repurchase 35 million shares for $93.725 per share. The buyback will bring Berkshire’s stake in Phillips 66 to slightly below 10 percent. “This transaction was solely motivated by our desire to eliminate the regulatory requirements that come with ownership levels above 10 percent,” Buffett said in a statement.

Source: Yahoo Finance

Whistleblower alleges manipulation of Cboe volatility index

Whistleblower alleges manipulation of Cboe volatility indexWall Street’s most widely followed gauge of future stock market volatility is being manipulated, a law firm representing an “anonymous whistleblower” alleged in a letter to U.S. regulators seen by Reuters on Tuesday. The accusations prompted Cboe Global Markets, the financial exchange operator that is home to the Cboe Volatility Index , to ask Wall Street’s self-funded regulator, the Financial Industry Regulatory Authority (FINRA), to look into the matter, two sources familiar with the situation said. “Cboe has a dedicated regulatory department that works with FINRA to monitor certain trading activity for our securities markets, including trading activity that could impact the VIX settlement,” Greg Hoogasian, Cboe’s chief regulatory officer, told Reuters in a statement.

Source: Yahoo Finance

Boeing's Newest Airplane Could Improve Alaska Air's Fortunes

Boeing's Newest Airplane Could Improve Alaska Air's FortunesThe 737 MAX 10 would offer huge unit cost advantages over the planes that Alaska Airlines has inherited from Virgin America. Upgrading to Boeing's newest plane could thus help Alaska Air rebuild its profit margin.

Source: Yahoo Finance

Cisco (CSCO) to Report Q218 Earnings: What's in the Cards?

Cisco (CSCO) to Report Q218 Earnings: What's in the Cards?Cisco's (CSCO) second-quarter results to benefit from increasing product adoption, deal wins, collaborations and strong demand for security solutions.

Source: Yahoo Finance

Cyprus says Turkish warships continue to block drilling rig

Cyprus says Turkish warships continue to block drilling rigNICOSIA, Cyprus (AP) — Turkish warships continue to impede a rig from reaching a location off Cyprus where Italian energy company Eni is scheduled to drill for gas, the Cypriot government said Monday.

Source: Yahoo Finance

3 Reasons You'll Pay Disney's Higher Ticket Prices

3 Reasons You'll Pay Disney's Higher Ticket PricesFor the fifth year in a row, Disney increases ticket prices on a February weekend. It will cost more to visit Disney World and Disneyland now.

Source: Yahoo Finance

Israel, Iran Lurch Toward Confrontation as Border Region Boils

Israel, Iran Lurch Toward Confrontation as Border Region BoilsIsrael and Iran moved closer to confrontation in Syria as rising tensions erupted into the most serious standoff between the sides since the Syrian civil war began seven years ago.

Source: Yahoo Finance

Israel strikes Syria, downs Iranian drone, as F-16 crashes

Israel strikes Syria, downs Iranian drone, as F-16 crashesIn its most serious engagement in neighboring Syria since fighting there began in 2011, Israel shot down an infiltrating Iranian drone Saturday and struck Iranian targets deep in Syria before one of its …

Source: Yahoo Finance

Come visit: South Korea's leader invited to North Korea

Come visit: South Korea's leader invited to North KoreaA rare invitation to Pyongyang for the South Korean president marked Day Two of the North Korean Kim dynasty’s southern road tour Saturday, part of an accelerated diplomatic warming that included more …

Source: Yahoo Finance

Congress votes to reopen government, passes budget deal

Congress votes to reopen government, passes budget dealThe House moved swiftly early Friday to reopen the federal government and pass a $400 billion budget deal, overcoming opposition from both liberal Democrats and tea party conservatives to endorse enormous …

Source: Yahoo Finance

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