With the stock market breaking barriers and hitting new all-time highs on a regular basis, it's almost hard to believe that, just 10 months ago, equities were in their steepest bear market tailspin in history. Right now, there are three turnaround stocks that, according to Wall Street's one-year consensus price targets, offer upside ranging from 75% to as much as 84%. The first bounce-back stock that Wall Street believes offers lustrous return potential is gold mining company Kinross Gold (NYSE: KGC).
- Motley Fool
ICPT earnings call for the period ending December 31, 2020.
Katherine Tai, President Joe Biden's top trade nominee, backed tariffs as a "legitimate tool" to counter China's state-driven economic model and vowed to hold Beijing to its prior commitments, while promising a sweeping new approach to U.S. trade. At her Senate confirmation hearing to become U.S. Trade Representative, Tai also called for a revamp of global trade rules to eliminate what she called "gray areas" exploited by China and end a "race to the bottom" that she said had hurt workers and the environment.
The Japanese government said on Friday it would end a state of emergency in six prefectures at the end of this month, a week earlier than scheduled, as new coronavirus cases decline. Tokyo and three other prefectures would remain under the restrictions until early March, it added. Japan had placed 11 of its 47 prefectures under a state of emergency in January as a third wave of the COVID-19 pandemic swept the nation.
- Associated Press
The February storm is unforgiving, violently shaking the humanitarian rescuers’ vessel as they try to revive a faulty engine and save African migrants drifting in the Mediterranean Sea after fleeing Libya on unseaworthy boats. Not only must they brave 70 kph (43 mph) winds and 4-meter (13-foot) waves, but also win the race against the Libyan coast guard, which has been trained and equipped by Europe to keep migrants away from its shores. In recent days, the Libyans had already thwarted eight rescue attempts by the Open Arms, a Spanish NGO vessel, harassing and threatening its crew in the international waters of the central Mediterranean where 160 people have died so far this year.
What Harry thinks of The Crown, what the Queen got Archie for Christmas, and other key information.
- National Review
Florida governor Ron DeSantis defended his state’s response to the coronavirus pandemic in a Friday morning speech to the Conservative Political Action Conference. DeSantis was the first elected official to speak to the conference, which is being held in Orlando, Fla., this year. Since the end of a summer surge in coronavirus cases, the state forbade local officials from shutting down businesses entirely and kept schools open for in-person learning where requested by parents. "Florida got it right and the lockdown states got it wrong." @GovRonDeSantis on Florida's response to COVID 19. #CPAC2021 #AmericaUnCanceled pic.twitter.com/ANWFWUTWGX — CPAC 2021 (@CPAC) February 26, 2021 “We are stronger as a state and much happier as a people. . . . Florida has lower per-capita COVID mortality than the national average, and lower than 27 other states,” DeSantis said. “Our unemployment rate is lower than the national average even though tourism isn’t fully back, and our budget is in great shape.” The governor added, “Florida got it right, and the lockdown states got it wrong.” Earlier in his speech, DeSantis described Florida as “an oasis of freedom in a nation that’s suffering from the yoke of oppressive lockdowns.” Florida’s death rate from coronavirus is roughly 141 per 100,000 people, according to Becker’s Hospital Review. Over 30,000 residents in total have died of the illness since the pandemic began. CPAC will continue into Sunday afternoon, when former President Trump is scheduled to deliver his first public speech since leaving office. Former Vice President Mike Pence reportedly declined to speak at the conference, citing Trump’s failure to prevent a mob of his supporters from storming the Capitol in early January.
- Business Insider
Merkel says she won't take AstraZeneca's COVID-19 vaccine because she's too old, as 1.4 million jabs are left unused
The German chancellor said she wasn't eligible because the vaccine isn't approved for people over 65 in Germany.
Asian Man in Critical Condition After Being Stabbed in the Back With a Butcher Knife in NY Chinatown
An Asian man is in critical condition after getting stabbed by a butcher knife in New York's Chinatown on Thursday evening. The 36-year-old local resident was attacked around 6:15 p.m. near the federal courthouse, near the corner of Worth Street and Baxter street next to the Daniel Patrick Moynihan U.S. Courthouse, reports PIX11. Call came in at 6:20 for report of a stabbing at Baxter Street and Worth Street.
- Business Insider
Ted Cruz's colleagues mocked him by putting memes of his Cancun trip in the Senate gym locker room: 'Bienvenido de Nuevo, Ted!'
Those who turned up to the Senate gym Wednesday morning were welcomed by color printouts of Cruz's Cancun trip that read "Bienvenido de Nuevo, Ted!"
- The Daily Beast
Prince Harry Tells Friend James Corden He Left the Royal Family Because It Was Destroying His Mental Health
KOEN VAN WEELPrince Harry has said that he stepped back from royal duties because the British press was “toxic” and “destroying” his mental health.In an extraordinary interview unparalleled in the annals of royal history, Harry gave a candid interview to his close friend James Corden on The Late Late Show while they toured Los Angeles on an open-air double-decker bus. Corden was a guest at Harry and Meghan’s wedding in 2018 and arrived at the evening reception dressed as Henry VIII. Another guest at the wedding, Oprah Winfrey, has taped an interview primarily with Meghan that will be screened next weekend.Oprah Winfrey’s Interview With Meghan Markle and Harry Will ‘Shine a Light on What They Have Been Through’The two men were served afternoon tea, which Corden said he had provided to remind Harry of home, however the tea service was abandoned after the bus braked sharply, depositing the contents of a tea trolley on top of the prince.“Clear it up, Harry,” Corden joked as the prince picked up tea cups and scones.While the 17-minute long package had a humorous tone and was packed with jokes and gags, it also provided the most candid insight yet into why Harry withdrew from royal duties.Asked about his decision to leave royal life, Harry said he was left with no choice because the British press “was destroying my mental health.”He said of the “toxic” situation: “I did what any husband and father would do—I need to get my family out of here.”In what will be perceived as a dig at the royal establishment that refused to accept Harry and Meghan’s proposal of a hybrid public-private role, Harry said: “We never walked away, and as far as I’m concerned, what decisions are made on that side, I will never walk away.”Royal Family ‘Wringing Their Hands’ at Prince Harry and Meghan Markle’s ActivismHarry said that his life now would continue to be about “public service” and added that he and Meghan were “trying to bring some compassion and try to make people happy and try to change the world in any small way we can.”When Harry said he and Meghan often watched Jeopardy! and Netflix (with whom the couple recently signed a $100 million production deal) in the evenings after putting Archie to bed, Corden asked him about The Crown and its controversial portrayal of his family’s history.Harry, who joked he would like to be played in the series by Damian Lewis, said he preferred it to the tabloid media coverage of the royals because it “does not pretend to be news.”He added: “It’s fictional. But it’s loosely based on the truth.“Of course it’s not strictly accurate, but it gives you a rough idea about what that lifestyle—the pressures of putting duty and service above family and everything else—what can come from that.”He continued: “I’m way more comfortable with The Crown than I am seeing the stories written about my family, or my wife or myself, because it’s the difference between fiction—take it how you will—and being reported on as fact because you’re supposedly news. I have a real issue with that.”Harry also opened up about meeting Meghan and how he knew she was the one on their second date.“We hit it off with each other, and we were just so comfortable in each other’s company,” he said.“Dating me or any member of the royal family is kind of flipped upside down. All the dates become dinners or watching the TV or chatting at home.“We went from zero to 60 in the first two months.”Meghan, who is pregnant with the couple’s second child, made a cameo in the interview via FaceTime when Harry and Corden paid a trip to the house from the ’90s TV show The Fresh Prince of Bel Air.When Corden suggested the couple should buy the house, Meghan said: “I think we’ve done enough moving.”During the visit to the house, Corden and Harry spoke to the owner and jokingly made an offer to buy it, before Harry asked if he could use the toilet.“I’m actually dying for a pee. Can I use your bathroom?” he asked.Showing that family relations are at least still somewhat functional, Harry said his grandmother, the queen, bought his son Archie a waffle maker for Christmas.He revealed Meghan now makes waffles with a “beautiful organic mix” and they eat them for breakfast with toppings including berries and syrup.He also said that both his grandparents know how to use Zoom, but joked that his grandfather slams the laptop shut physically to finish a call.Over to you, Oprah.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
- USA TODAY
They met on Bumble. She claims he killed her dogs. Now she's speaking out to help others isolated amid COVID-19.
Nearly a year after the first COVID-19 lockdown orders, survivors continue to be at high risk of domestic violence.
- Business Insider
Don Jr. slammed Republicans who 'lose gracefully' and said that Trump showed 'you can actually push back'
Donald Trump Jr. said more Republicans needed to push back against Democrats, and he accused them of choosing to "lose gracefully."
Episode eight finally introduces Wanda Maximoff's comic-book name that's been hinted at throughout the first season of "WandaVision."
- The Week
The Senate on Thursday confirmed former Michigan Gov. Jennifer Granholm, 64-35, to lead the Energy Department, with 14 Republicans joining all 50 members of the Democratic caucus to give President Biden his 10th Cabinet-level appointee (plus one deputy secretary). After her confirmation, Granholm tweeted that she's "obsessed with creating good-paying clean energy jobs in all corners of America in service of addressing our climate crisis" and "impatient for results." Granholm repeated her priorities on MSNBC Thursday night. "I am all about bringing clean-energy jobs" to communities, especially those, like Michigan, reliant on fossil fuels, she told host Chris Hayes. "I am totally obsessed about how to create good-paying jobs in America," and the clean-energy sector "is the biggest opportunity for us." The market is shifting toward green energy, regardless of what politicians prefer, and the Energy Department's 17 national labs are creating ways to not only expand renewable energy but also "decarbonize fossil fuels," Granholm said. "And honestly, if we can bring the supply chains for all of these clean-energy products to the United States, instead of letting our economic competitors eat us for lunch, the jobs that could be created for us in the U.S. — good-paying jobs — are boundless." Biden has sent the Senate more nominations, and gotten fewer of them confirmed, than any recent president, Axios reports, citing a count by the Partnership for Public Service and The Washington Post. Biden has submitted more nominees to the Senate — but received fewer confirmations — than recent presidents, data shows. https://t.co/tZQbBPahjI pic.twitter.com/BbuqlSmwOP — Axios (@axios) February 26, 2021 "The new president is facing a pandemic without a surgeon general or head of the Department of Health and Human Services, he confronts an economic crisis without his leaders at Labor or Commerce, and domestic terrorism is on the rise with no attorney general," Axios notes. You can track Biden's nominations at The Washington Post. More stories from theweek.comJournalist Tim O'Brien, who's seen Trump's taxes, thinks Trump's accountant will now flip in D.A. inquiryHusband of Hitler-quoting GOP congresswoman parked his militia-stickered truck outside Capitol Jan. 6Josh Hawley, Senator No
Prince Harry says his relationship with Meghan Markle 'went from 0 to 60' in their first 2 months of dating
The Duke of Sussex reflected on his relationship with Meghan Markle during an appearance on "The Late Late Show with James Corden."
- WABC – NY
A 23-year-old Brooklyn man was charged with stabbing an Asian man in the back because he "didn't like the way he looked at him."
- The Week
Husband of Hitler-quoting GOP congresswoman parked his militia-stickered truck outside Capitol Jan. 6
Illinois state Rep. Chris Miller (R), the husband of freshman U.S. Rep. Mary Miller (R-Ill.), acknowledged Thursday that his pickup truck was parked in a restricted area outside the U.S. Capitol during the Jan. 6 riot, but he said the "Three Percenter" militia sticker on the back window doesn't mean anything. "Army friend gave me decal," Miller told The Daily Beast in an email late Thursday. "Thought it was a cool decal. Took it off because of negative pub." He said he "never was member" of the militia and "didn't know anything about 3% till fake news started this fake story and read about them." Online sleuths had linked him to the truck visible in footage from a CBS News report, earlier Thursday. The #Sedition3PTruck with government plates parked in a restricted zone from 1:02. #SeditionHunters #Sedition3P Source: https://t.co/DubmxJhjSZ pic.twitter.com/INCs6geEYg — Phoenix on Wheels (@phoenixonwheels) February 25, 2021 The Three Percenters, founded in 2008, are a "radical militia group" implicated in leading the Jan. 6 siege along with the Proud Boys, the Oath Keepers, and other far-right extremist groups, the FBI said in an affidavit filed in the case against alleged rioter Robert Gieswein. Their name comes from the apocryphal claim that only 3 percent of U.S. colonists fought in the Revolutionary War, and they fashion themselves as the same kind of tyranny-stomping "patriots." Miller's wife, Mary Miller, is most famous for favorably quoting Nazi leader Adolf Hitler at a "Moms for America" rally outside the Capitol on Jan. 5. "Hitler was right on one thing: whoever has the youth has the future," she told the rally, apologizing later when video of her comments went viral but insisting that "some are trying to intentionally twist my words to mean something antithetical to my beliefs." More stories from theweek.comJournalist Tim O'Brien, who's seen Trump's taxes, thinks Trump's accountant will now flip in D.A. inquiryJosh Hawley, Senator NoDemocrats should take the Romney-Cotton proposal seriously
Prince Harry says 99-year-old Prince Philip just slams his laptop shut instead of hanging up at the end of Zoom calls
The prince told James Corden that he'd had a few Zoom calls with his grandparents where they got to see Archie running around.
- The Week
Journalist Tim O'Brien, who's seen Trump's taxes, thinks Trump's accountant will now flip in D.A. inquiry
Bloomberg's Tim O'Brien, one of the few journalists who has seen former President Donald Trump's tax returns, told MSNBC's Lawrence O'Donnell on Thursday night he will sleep better now that Manhattan District Attorney Cy Vance finally has eight years of Trump's financial documents, from 2011 to 2019. Trump "is very afraid of what's in these documents, I think," because they put him in serious criminal jeopardy, O'Brien said, but he isn't the only one implicated. O'Brien went on to explain why he thinks it's likely Trump's chief accountant, Allen Weisselberg, will flip on Trump. "The thing to really focus in on here is that it's not just the tax records that Cy Vance has now," O'Brien said. "He probably has reams and reams of the accountant's work product. This is a criminal case, they're going to need to prove criminal intent on the part of Trump, his three eldest children, Allen Weisselberg, and anyone else in the Trump Organization who's fallen under the parameters of this investigation. And if there are email and notes and other records of communication about what they intended to do when they inflated the value of buildings so they could get loans against them and then turned around and deflated the value of the buildings so they could pay lower taxes on them, and there's a communication around that that predates any of these tax entries, that is gold for a prosecutor." A few hours earlier, O'Brien told MSNBC's Nicolle Wallace that the particular eight years of documents Vance's team has "is important, because it predates Trump's ascent into the White House, and I think helps build the narrative around the money trail and Trump's motivations for his destructive and obscene dance with people like Vladimir Putin. It's a shame they couldn't go back further — think this is one of the tragic misses of Robert Mueller's investigation, he could have gone back further, I think, than Cy Vance is able to into Trump's finances." O'Brien also underscored that the investigation implicates at least Eric Trump and Ivanka Trump, and "it also targets people inside the Trump Organization who might flip on Trump if they're exposed to criminal liability," but "the brass ring in all of this is that if Trump has a criminal conviction, he cannot run for president again, and that's looming over this entire thing as well." More stories from theweek.comHusband of Hitler-quoting GOP congresswoman parked his militia-stickered truck outside Capitol Jan. 6Josh Hawley, Senator NoDemocrats should take the Romney-Cotton proposal seriously
- The Guardian
Parliamentarian Elizabeth MacDonough ruled provision in $1.9tn Covid stimulus bill did not qualify for budget reconciliation Ilhan Omar tweeted: ‘What’s a Democratic majority if we can’t pass our priority bills? This is unacceptable.’ Photograph: Leah Millis/Reuters The progressive Democrat Ilhan Omar has called for the firing of the government official who effectively blocked the party’s plans to raise the minimum wage. Democratic plans to include a gradual raise to $15 in Joe Biden’s $1.9tn coronavirus stimulus bill were effectively ended on Thursday when the Senate parliamentarian ruled it should not be part of the package. The decision by Elizabeth MacDonough, who has held the nonpartisan position since 2012, dashed hopes of including the raise in the bill – the first increase in over a decade. “Abolish the filibuster. Replace the parliamentarian,” Omar said in a tweet. “What’s a Democratic majority if we can’t pass our priority bills? This is unacceptable.” Abolish the filibuster.Replace the parliamentarian.What’s a Democratic majority if we can’t pass our priority bills? This is unacceptable.— Ilhan Omar (@IlhanMN) February 26, 2021 Biden campaigned on a pledge to increase the minimum wage to $15. Low-wage workers and unions have campaigned for a rise since 2012, and its inclusion in the coronavirus stimulus bill had been seen as a major victory. While the proposal faced universal opposition by Republican senators and skepticism from some Democrats, senator Bernie Sanders and others were confident that it could be pushed through with a simple majority in the Senate, where the Democrats hold a slim majority. In order to achieve this, the proposal would have to be passed by “budget reconciliation” – a mechanism that allows legislation to bypass the 60% vote bills need to get through the Senate. Late on Thursday, MacDonough ruled that the wage increase did not meet the standards for budget reconciliation. The parliamentarian acts as an impartial judge and has only been removed from office once. MacDonough is well respected by many members of both parties, and the Biden administration seems unlikely to push for her removal. Other progressive Democrats have proposed a less drastic solution – overruling her. “The Senate parliamentarian issues an advisory opinion,” congresswoman Pramila Jayapal said in a tweet. “The VP can overrule them – as has been done before. We should do EVERYTHING we can to keep our promise, deliver a $15 minimum wage, and give 27 million workers a raise.” Sanders, one of the most ardent supporters of a minimum-wage increase, has proposed an alternative plan – imposing penalties and incentives to push companies toward higher wages. “I will be working with my colleagues in the Senate to move forward with an amendment to take tax deductions away from large, profitable corporations that don’t pay workers at least $15 an hour, and to provide small businesses with the incentives they need to raise wages,” Sanders said in a statement. “That amendment must be included in this reconciliation bill.” Sanders’ comments come after a Senate hearing on Thursday where he lambasted the low wages paid by McDonald’s, Walmart and others. Sanders pointed to a government report that found nearly half of workers who make less than $15 an hour rely on public assistance programs that cost taxpayers $107bn each year. The American people are “sick and tired” of subsidizing “starvation wages” at these companies, Sanders said.