14 Pins 5y
Donald Trump gets cut off on 'Morning Joe'
Joe Scarborough, co-host of MSNBC's "Morning Joe", cut off Donald Trump in an interview to go to commercial. Scarborough accused Trump of wasting air time because he was not directly answering the questions." You've got to let us ask questions, you cant just talk," said Scarborough. Trump replied, "No, no. I'm not just talking. I'm not just talking. I'm giving you the facts." Trump is often criticized for ignoring questions and changing the subject in interviews.
Yahoo: From pioneer to lost at sea
Yahoo put itself up for sale this week. The once internet titan has been in a downward spiral ever since the dot-com bust and Google's rise to popularity. Yahoo also took giant hits from Facebook. After going through several CEOs in the past few years, Yahoo has failed to grow under the current CEO Marissa Mayer.
Bill Gates launches multi-billion dollar clean energy fund
Bill Gates has gathered a group of investors to donate billions of dollars to clean energy. Gates announced the formation of the Breakthrough Energy Coalition at the climate change summit in Paris. The group's ultimate goal is to make clean, renewable energy cheaper than fossil fuels. The group consists of more than two dozen investors including national governments, billionaires, investment fund managers and tech CEOs.
Biggest diamond in 100 years adds $150 million to miner
A Canadian mining company discovered the largest diamond in 100 years. The diamond came in at 1,111 carats and is the second largest diamond ever found. The first being the Cullinan diamond found in 1905 which was 3,106 carats. The mining company Lucara found the diamond in in the south African nation of Botswana and as a result, shares of Lucara have risen over 35%. The company desperately needed this find because their stock had dropped 26% this year.
Putin offers $50 million reward for Egypt plane bombers
Russia is offering 50 million dollars for information that would lead to those responsible for planting and detonating a bomb on a Russian flight over Egypt. The Russian flight crashed two weeks ago over the Egyptian Sinai peninsula. Russia is offering twice the amount of money that they offered the US for information about Osama Bin Laden. This makes it one of the highest Russian offering ever placed on wanted terrorists.
World Bank says climate change could impoverish millions
The World Bank released a report on Sunday saying that climate change could potentially push over 100 million people into poverty. Crop failures due to drought could put millions out of work and without homes. Raised food prices after extreme weather events could hit the poor around the world hard. The World Bank's report coming just one month before the UN will meet in Paris for a climate change conference.
Bomb theory spells disaster for Egyptian tourism
A plane crashed in Egypt earlier this week. British Prime Minister David Cameron said the crash was "more likely than not" caused by a bomb. Officials suspect that the terror group ISIS was behind the bombing. The plane took off from Sharm el-Sheikh, a popular holiday resort in Egypt. And now the UK government has barred airlines from taking passengers there. This is a major problem for the 9,000 travelers still in Sharm el-Sheikh. These events could prove disastrous for Egypt's tourism.
Can anything save Whole Foods?
Whole foods is having a very bad 2015. Whole Foods, a grocer known for its high prices, has its stock at nearly half-off sale. Its stock prices are down nearly 40% this year. Additionally, Whole Foods announced in September that it was laying off 1,500 employees. And on top of all of that, Whole Foods still has to deal with their price-fixing scandal. Whole Foods has been accused of systematically overcharging for their products.
Shanghai named most expensive city in Asia
Shanghai has been named the most expensive city in all of Asia. Just about anything you can buy in Shanghai is more expensive than it is in other Asian cities. Men's suits in Shanghai cost 34% more than the average. Wine costs 21% more than the average in Asia. Additionally, Mumbai has been named the cheapest city in Asia with suits costing 26% less than the average and wine costing 4% less than the average.
Google grants a 97-year-old's wish
97 year-old Olive Horrell spent a day at Google's Mountain View campus on a VIP tour. The tour was organized by A Wish of a Lifetime, a non-profit organization that grants senior citizens' wishes. Olive grew up on a farm in Montana. She didn't know what a radio was and got around on a horse and buggy. Olive's one wish was to see the future. She was thoroughly astounded by Google's virtual reality headset as well as their self-driving car and touch screen computers.
Finally! McDonald's is back
McDonald's US sales are growing for the first time since 2013. After losing ground to rivals like Chipotle and Shake Shack, McDonald's stock had taken a hit. But now with the addition of the premium buttermilk crispy chicken deluxe sandwich and all-day breakfast. The growth resulted in a 6% rise in McDonald's shares.
China's stock market is on fire. That's not a typo
China's economy took a noticeable upturn this week. This coming just after China's market slowed down just months ago. Several large companies in China have experienced 10-20% increases in recent weeks. These companies include Cnooc, PetroChina and China Petroleum.
The billionaire CEO who says he'll leave the country if Trump is elected
Billionaire CEO Barry Diller says he will move out of the US if Trump is elected. When Diller was asked what he would do if Trump was elected, he answered with "I'll either move out of the country or join the resistance." However, Diller doesn't believe that will be necessary, he says Trump's success so far is due to "A phenomenon of reality television as politics." Diller is the CEO of IAC/InterActiveCorp the company that owns websites such as Match.com, The Daily Beast and HomeAdvisor.com.
Trans-Pacific trade pact: Negotiators finally get it done
The US and eleven other countries along the Pacific ocean have signed the Trans-Pacific Partnership. Obama says this agreement will create more American jobs and add billions to the global economy. The agreement is backed by the US Chamber of Commerce who don't often support Obama.