Yahoo Finance Live: The Final Round - Aug 23rd, 2018
Yahoo Finance's LIVE stock market coverage and analysis.
Yahoo Finance's LIVE stock market coverage and analysis.
A Moscow court says a U.S. man has been jailed for drunkenly crashing through a kid's library window, as an American soldier is also detained.
"Puigdemont, president!"The president should be allowed to go where he needs to go, to Catalonia, which is why it's very important that we're here," explained Angels Lores, a 58-year-old teacher who refers to Puigdemont as if he were still regional leader.
As the third week of witness testimony in Donald Trump's hush money trial takes place, all eyes are on who will be called next and whether the former president will be able to abide by the terms of his now twice-broken gag order that bars him from speaking publicly about jurors, witnesses and some others connected to the case. Before Monday's testimony began, Judge Juan M. Merchan found Trump in contempt of court for a second time, fining him $1,000 for a single violation and sternly warning the loquacious former president that jail time would be considered for future violations “if necessary and appropriate.” Two people tied to the Trump Organization took the stand on Monday — former controller Jeffrey McConney and accounts payable supervisor Deborah Tarasoff — elaborating on a key piece of the charges against Trump: Michael Cohen's reimbursement for the $130,000 Stormy Daniels payment.
Stock markets extended the week's rally Tuesday on optimism that the US Federal Reserve will cut interest rates this year.UBS shares rallied on the Swiss stock exchange, rising more than nine percent at 27.20 Swiss francs each in midday trading.
Global warming has brought Argentina's corn farmers a dangerous new enemy: a yellow insect just four millimeters (0.16 inch) long that thrives in hotter temperatures and is threatening harvests of the crop. Meet the leafhopper. The world's No. 3 corn exporting country has slashed millions of tons from its harvest projections for the current crop due to a rare plague of the insect that can carry a stunt disease that damages the cobs and kernels of the plant.
Rescuers said Tuesday they had made contact with 11 people as they raced to save dozens still unaccounted for nearly 24 hours after the deadly collapse of a building in the South African city of George.Contact has been made with 11 people who are under rubble among 48 still unaccounted for, they said.
The Russian leader began a record breaking fifth term on Tuesday, a day after announcing military exercises with tactical nuclear weapons.
Results from Disney took center stage as the media giant posted the first profit for a key part of its streaming business.
Federal highway safety investigators want Tesla to tell them how and why it developed the fix in a recall of more than 2 million vehicles equipped with the company's Autopilot partially automated driving system. Investigators with the U.S. National Highway Traffic Safety Administration have concerns about whether the recall remedy worked because Tesla has reported 20 crashes since the remedy was sent out as an online software update in December. In a l etter to Tesla posted on the agency's website Tuesday, investigators wrote that they could not find a difference between warnings to the driver to pay attention before the recall and after the new software was sent out.
The Walt Disney Co. swung to a loss in its second quarter because of restructuring and impairment charges, but its adjusted profit topped expectations and its streaming business turned a profit. Theme parks also continued to do well and the company boosted its outlook for the year. While Disney said Tuesday that it foresees its overall streaming business softening in the current quarter due to its streaming service in India, Disney+Hotstar, it expects its combined streaming businesses to be profitable in the fourth quarter and to be a meaningful future growth driver for the company, with further improvements in profitability in fiscal 2025.
The union head who represents university custodians accused Columbia of failing to protect workers from pro-Palestinian protesters.
In Indiana, open races for governor and Senate as well as some key House primaries are on tap Tuesday.
President Vladimir Putin vowed at a lavish inauguration on Tuesday to deliver victory to Russians, embarking on a record-breaking fifth term with more power than ever.In a video minutes before the inauguration, Navalny's widow Yulia Navalnaya described Putin as deceitful and said Russia was doomed to remain in a state of conflict so long as he remains in power.
As well as killing more than 34,000 people and causing catastrophic levels of hunger and injury, the seven-month war between Israel and Hamas has also caused massive material destruction in Gaza."The fastest rates of destruction were in the first two to three months of the bombardment", Scher told AFP. In Gaza City, home to some 600,000 people before the war, the situation is dire: almost three-quarters (74.3 percent) of its buildings have been damaged or destroyed.
Vladimir Putin has formally begun his fifth term as Russia’s president in a carefully choreographed inauguration ceremony, in a country he has shaped in his image after first taking office nearly a quarter of a century ago.
Swiss banking giant UBS on Tuesday said first quarter net profit rose 71 percent to nearly $1.8 billion, far exceeding expectations, after two quarters in the red due to the mammoth takeover of Credit Suisse.Analysts surveyed by the Swiss financial newswire AWP had on average expected UBS to post a net profit of $637 million.
Shares of the company rose nearly 4% in premarket trading. Since its spinoff from Johnson & Johnson last year, Kenvue has focused on its 15 priority brands to boost growth and said in February it would increase its advertising spending by 15%, or about $300 million, during the year. The self-care segment - which includes cough and cold medicine such as Tylenol and Benadryl - recorded $1.70 billion in net sales, up 3.5% year-on-year and above the average analyst estimate of $1.56 billion, according to LSEG data.
French President Emmanuel Macron was on Tuesday hosting Chinese leader Xi Jinping at one of his beloved childhood haunts in the Pyrenees mountains, pressing a message to Beijing not to support Russia's war against Ukraine and to accept fairer trade.Xi, who is due to host Russian President Vladimir Putin in China later this month, warned against using the Ukraine crisis "to cast blame, smear a third country and incite a new Cold War".
The FBI has laid out a detailed case showing why agents believe a Florida man is behind his estranged wife's disappearance from her apartment in Spain but gave no indication about what they think happened to her. Court documents released late Monday show that agents believe David Knezevich resembles the man wearing a motorcycle helmet who spray painted the security camera lens outside Ana Knezevich's Madrid apartment on Feb. 2. Spanish police say they have security video of the 36-year-old Fort Lauderdale business owner purchasing the same brand of paint and duct tape hours earlier.
Five people have died and 49 are unaccounted for after a multi-story building collapsed Monday afternoon in the South African city of George, officials said Tuesday.