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After a strong start, U.S. stocks abruptly sold off Tuesday after machinery maker Caterpillar said it doesn’t expect to top its first-quarter profit for the rest of the year. The Dow Jones industrial average plunged as much as 619 points as investors feared that rising oil prices and other costs will slow down growth in company profits.
The S&P 500 index skidded 35.73 points, or 1.3 per cent, to 2,634.56.
The Dow Jones industrial average gave up 424.56 points, or 1.7 per cent, to 24,024.13.
The Nasdaq composite tumbled 121.25 points, or 1.7 per cent, to 7,007.35.
The Russell 2000 index slid 8.84 points, or 0.6 per cent, to 1,553.28.
The S&P is down 35.58 points, or 1.3 per cent.
The Dow is down 438.81 points, or 1.8 per cent.
The Nasdaq is down 138.77 points, or 1.9 per cent.
The Russell 2000 is down 10.84 points, or 0.7 per cent.
The S&P 500 is down 39.05 points, or 1.5 per cent.
The Dow is down 695.09 points, or 2.8 per cent.
The Nasdaq is up 103.96 points, or 1.5 per cent.
The Russell 2000 is up 17.77 points, or 1.2 per cent.
Published: Jan. 14, 2018 at 06:35 p.m.
Updated: March 30, 2018 at 04:53 p.m.
Calais Campbell has served as Jacksonville's defensive catalyst this season, his first with the franchise.
But who knew he could see the future?
Campbell chatted with NFL Network's Tom Pelissero about the tilt between the Jaguars and Steelers last week after Jacksonville's 10-3 win over the Buffalo Bills. What you're about to read might blow your mind.
"We'll do whatever it takes," Campbell told Pelissero on Jan. 7. "We'll try to win any way we can, play one play at a time and execute. I'll take it 2-0 if it comes that way, or 45-42 if it comes that way. As long as we win, I'm happy."
Campbell joined the Jaguars via free agency in 2017 after spending the previous nine seasons with Arizona. He nailed Sunday's final score -- 45-42 -- in a Divisional Round win over Pittsburgh, albeit with a little help from a garbage-time Steelers touchdown. That makes Jacksonville 2-0 in the postseason and Campbell 1-0 in predictions.
We'll see how that plays out next week when the Jaguars travel to New England to face the reigning champion Patriots in Foxborough. A lot of it will have to do with the health of running back Leonard Fournette, who didn't look like the same runner after suffering an ankle injury, each team's gameplanning approach and the performance of New England's interior line against a menacing Jaguars front four.
We'll get a whole week to break it down to the nanometer. Perhaps someone else can take the fortune-telling crown from Campbell, too.
This grand Pasadena house has appeared in hundreds of movies, TV shows and commercials, but the true star of the property is the garden. Though much smaller than it once was, it has been recently restored and is again peaceful and inviting.
Built in 1914 south of Caltech, the estate featured a garden that was downright sprawling. Aside from the fish pond (seen briefly in "Duck Soup," one of the first movies shot here), there were a long mall, a huge south garden and two separate courts. Later, however, the property was subdivided. Now surrounded by 14 homes, what remains of the old garden has been salvaged and the new garden is landscaped for privacy.
The house is the home of Coleman and Jane Morton, whose son Charles restored the garden and oversees the property's ongoing life as a movie set. Prompted by blue herons, kingfishers and raccoons that were depleting koi in the old pool, he decided to build a new pond that could be protected. Morton found and bought two fiberglass molds originally used to make the sound baffles above the Hollywood Bowl. One mold became the pond; the other became the fountain-like filter. To protect the koi , he built a steel-pipe gazebo and planted it with trumpet vines. Predators now look elsewhere for their meals.
Landscape designer Barry Campion, an old family friend, planted the new garden. Having played here as a child, she knew the garden well and appreciated its history. Campion helped develop a formal plan to complement the grounds: geometric beds divided by tidy paths. Inside the beds, however, plantings are exuberant and colorful and grow almost haphazardly. All around are trellises left behind by film companies and recycled chimney bricks, bits of the estate's past that have been incorporated into its future.
Heating and air technicians are working nearly around the clock to make sure area homes stay warm during Tampa Bay's encore cold snap.
Brian Hudson was called to Plato Academy in Tarpon Springs around 7:30 p.m. Thursday. The Hudson Air owner and operator still had two more service calls to get to that night.
"It's a need that I'm filling," said Hudson. "People are miserable usually whenever I get to their home."
Several classrooms lost heat at the Pinellas County charter school, the temperature inside read 62 degrees.
"They haven't been able to have kids in the rooms here, so they had to move them over to the gymnasium," said Hudson.
Hudson tells ABC Action News, he's working 16 hours a day or longer, with no shortage of faulty units to repair across the Tampa Bay area.
That need is making it difficult for some homeowners to find help. Many businesses have seen an uptick in calls for service this week.
"I was thinking, number one, we might not get anybody out here soon enough," said Mark Harris, of Trinity. "Number two, if we do, they may have to order parts and we're going to go a couple more days without heat in that house."
The fan motor inside Harris' unit went out Wednesday night, forcing his family to wear plenty of layers and pile on blankets overnight with no heat.
"The first thing that you have to do in a situation like that is just completely cover up, and get your core temperature warmer," said Harris.
After making several calls to area heating and air companies, Harris contacted Hudson Thursday morning. Harris' heat was back on within a couple hours.
Her multi lingual projects have been the talk of the town. Priyamani slowly started to etch her success story in Kannada with films like Raam, Eno Ontara, Only Vishnuvaradhana, Anna Bond, Charulatha and many more. Equally at ease with glam roles as well as girl next door roles, she carries off any role with elan. She can impress anyone with her dexterously language switching skills between Kannada, Tamil and English with ease. One of the best south Indian actress, Priyamani literally has all arenas covered.
Can we know something about your childhood days? I was born and I was brought up in Bangalore. My schooling and college days were in bangalore. Aurbindo Memorial School is where I did my schooling and attended Bishop Cotton Women’s College in J.C road. I grew up playing cricket and hide and seek with the guys in my lane because of the fact there were no girls of our age back then in our area and we had lots of fun.
Your journey from modelling to acting. Iof pocket Initially I took up modelling just for the sake of pocket money. I had no idea I would get into the film industry. I started my acting career as Vidya Sadagopan through Kangalal Kaidu Sei movie. But, even before that I had auditioned for a Malayalam movie directed by Faazal sir, but that didn’t work out for some reasons. Bharathiraja sir had seen me during my modelling assignments and he asked me to get a photo shoot done and after seeing those photos he just told me “you are my next herione”. I was not sure of taking up acting as career but my grandmother gave me inspiration and filled in confidence in me and then I stepped into the industry. It did take some time to get into Kannada industry, but it happened at the right time and I am happy about that.
How’s your experience been in the modelling and acting arena?
The experience has been great with all the industries. There is no much difference between the industries. Just that the language, the unit and co-actors differ. On a personal basis, I’m comfortable speaking in all the languages. Basically I’m a Tamilian so I know tamil. I was born and brought up in bangalore, so I know kannada. Malayalam is my maternal language, so well versed in the same. Telugu is what the industry has taught me. Hindi was my second language in school and being in Bangalore and I learnt Hindi just for the sake of it.
What’s your criterion to select the roles?
I don’t set conditions when I choose roles. Primary importance while I choose roles is given for the story and the screenplay. I listen to the story not as an actress but as an audience. If the story is interesting to me as an audience then I will take up a role and will focus on the type of role I am doing and the essentials of the role. Besides I’ll analyze myself about how suitable I am for the role and will also consider the fact if my fans will like me in that particular character.
Are you waiting for your dream role?
Yes, very much. I love doing roles that are different and those that are more challenging to my acting skills. For that matter I would definitely want to do a role in a negative shade, like the role of Neelambari, played by Ramyakrishna in Padeyappa.
A New Hampshire restaurant will soon unveil a menu of content made from CBD, an oil extracted from the cannabis plant that does not contain THC.
CBD, an oil extracted from the cannabis plant, does not contain THC, the active ingredient that gets marijuana users high.
Proponents of the oil say it has an array of health benefits.
Fresh Vibes Cafe will offer foods and drinks containing CBD.
Inside Fresh Vibes Café in Rochester, New Hampshire, something new is brewing.
"It's a cup of coffee that gets you off painkillers, opioids, all addictions that are out there," said chef Leighton Knowles.
The coffee is infused with CBD, a cannabis extract that proponents say has an array of health benefits.
"If you are anxious, it will calm you down. If you have pain, it will suppress those pains," Knowles told NBC10 Boston.
You might consider Knowles a pioneer in the CBD community. After hosting an infused dinner at the James Beard House in New York City, he started Flower Power Coffee Company last year.
"As a way to educate and advocate, but also give people something they can benefit from," Knowles explained.
Because CBD doesn't contain THC, which is the active ingredient in marijuana, it doesn't have the same effect.
"Because we are hemp, you can't get high," he said. "There's no THC."
That's also what makes it perfectly legal for the owner of Fresh Vibes, Kris Enis, to sell it to customers who want to try it.
"When I do drink the coffee, I notice I calm down," Enis said.
She's had Flower Power Coffee at the café for a long time, but now she's working with Knowles on a CBD infused menu.
"I just thought it would be really cool to introduce it into food," Enis said.
She's pairing her love of food with CBD's potential benefits, hoping to mix up a recipe for success.
Enis won't launch the menu until her staff is trained to answer any questions customers have about CBD. She plans to offer her infused dishes by the middle of August.
Spain's largest bank Santander expects profits to recover in 2013 after its non-performing loans ratio peaks in the first half of the year, Chairman Emilio Botin told UK financial magazine The Banker.
"In 2012, our profits will be down because we have made large extraordinary provisions for Spanish real estate loans," Botin said in an interview with The Banker this month.
"Santander will finish the extraordinary provisioning in 2012, ahead of most other banks, and we expect our Spanish non-performing loans to peak at about 7 percent in the first half of 2013. Profits will then start to rebound," he said.
A Santander spokeswoman confirmed the comments on Friday.
Santander's Spanish bad loans ratio stood at 6.38 percent in the third quarter of 2012, well below the national average.
Spanish banks have had to provision heavily against toxic real estate assets after a decade-long property boom came to an abrupt end five years ago and the sector has yet to recover.
Santander had completed 90 percent of government-enforced writedowns on soured property investments as of the third quarter, when it reported a plunge in net profit to 100 million euros ($132 million) from 1.8 billion euros in the same period last year.
A year before Columbus set sail for America, an African king was baptized and converted his kingdom into a Catholic nation that lasted nearly 370 years. King Nzinga a Nkuwu, ruler of Kongo, located in what is now northern Angola, decided to become a Christian not long after Portuguese mariners reached his shores in 1483.
He was baptized in May 1491, became João I Nzinga a Nkuwu, and many of his noble followers followed suit. But when he died, two brothers contested the throne, one of whom, Afonso Mvemba a Nzinga, represented a Christian party and the other, Mpanzu a Kitama, opposed both Afonso and Christianity.
Let me make this perfectly clear, Frost/Nixon is one outstanding movie. In fact, it's so good I think it should be required viewing at every high school in America. Director Ron Howard has woven a bit of history about two talking heads into a cinematic masterpiece. And what drives this film is a pair of stellar performances turned in by Frank Langella and Michael Sheen. Langella beautifully plays President Richard M. Nixon. He doesn't look like or sound like the former president however, he somehow manages to embody the late leader perfectly. Almost as amazing is Sheen's take on British talk show host David Frost. Perfect casting for both.
As Frost watches a disgraced Nixon leave the White House for the last time he gets an idea...he wants to get the first interview. But his three year quest for a sit down with Nixon has nothing to do with getting to the truth and everything to do with garnering more fame for himself. His drive is fueled by a desire to win over an American audience that had, so far, eluded him. Meanwhile, Nixon's motives for granting an interview were no more noble...he wanted money and a chance to clear his besmirched name. But that combination of misguided mind sets eventually turned into one of the most poignant and important set of interviews in our country's history.
After a long negotiation Nixon finally agrees to a series of interviews and both sides assemble teams to prepare for the battle. Nixon is prepped by an ex Marine, Col Jack Brennan (a very serious Kevin Bacon). Meanwhile, Frost enlist's the aid of a pair of journalists Bob Zelnick (the wonderful Oliver Platt) and James Reston (Sam Rockwell) whose disdain for the former president all but consumes him. Through the camera they want to give Nixon the trial he never had.
Nixon owns the first several interviews, fillibustering his way through, barely letting Frost get a word in. It's in that final interview where history is made. And this is where Langella is at his best. Not so much with his words but with his face. His tortured look says it all as he finally cracks and gives a wounded country what its been longing for...admission "I let down the American people", a beaten, sullen Nixon says.
Director Howard took some dramatic license, including a fictional scene where a drunk Nixon called Frost the night before their final interview and rambles on about both of them being victims of a class system that will always frown on them...this never happened, but it's a very powerful scene that allows us see the vulnerable side of the man.
This film is not only a great work of entertainment but an important time capsule of one of the lowest periods in our government's history. Well worth the price of admission, you should cast a yes vote for Frost/Nixon.
Archives|MACKIE JR. TAKES STATE GOLF TITLE; Inwood Star, 18, Beats Geoghegan for Amateur Honors, 7 and 6, Over Lido Links. 3 UP FOR MORNING ROUND Scores Birdies on Tenth and Eleventh Greens in Afternoon and His Half on 12th Wins. MACKIE JR. TAKES STATE GOLF TITLE.
MACKIE JR. TAKES STATE GOLF TITLE; Inwood Star, 18, Beats Geoghegan for Amateur Honors, 7 and 6, Over Lido Links. 3 UP FOR MORNING ROUND Scores Birdies on Tenth and Eleventh Greens in Afternoon and His Half on 12th Wins. MACKIE JR. TAKES STATE GOLF TITLE.
Can Treasury just go overdrawn at the Fed?
John Carney has an intriguing post today: what if, in the short to medium term, the debt ceiling really doesn’t matter at all?
This is nothing to do with the 14th Amendment or with coin seignorage — this is just the simple mechanics of bank accounts. Treasury has an account at the Fed; at last count it was in credit to the tune of roughly $77 billion. Money’s coming in; money’s going out. Come August 2, it’ll be down to zero. But hey, zero’s just a number. We’ve all gone overdrawn at our bank at some time or another: why should Treasury be any exception?
The idea here is that after August 2, Treasury can simply carry on with business as usual. Money will come in to its bank account; money will go out. And the balance will dip below zero: Treasury will have an overdraft at the Fed. You think the Fed’s going to bounce Treasury’s checks?
The debt ceiling applies to the face amount of obligations issued under Chapter 31 of Title 31 of the U.S. Code—basically, Treasury notes and bills and the other standard kinds of government debt—and the “face amount of obligations whose principal and interest are guaranteed by the United States Government.” But overdrafts on the Federal Reserve wouldn’t be Treasurys and they aren’t explicitly guaranteed by the U.S. government.
There’s no reason why this state of affairs couldn’t continue for months. Treasury would continue to spend money, as instructed by Congress in the budget, and Treasury’s overdraft at the Fed would continue to rise. The Fed, for its part, would have two choices when it came to cashing Treasury’s checks: it could either simply print the money, or else it could sell some of its assets — it owns $1.6 trillion in Treasury bonds — and use those proceeds instead. Either way, any bank presenting a check from Treasury could cash it, no problem.
This seems to me by far the most elegant solution to the debt-ceiling problem, should Congress not get its act together by August 2. Treasury just keeps on spending, and the Fed would of course continue to honor the checks: failure to do so would trigger a massive recession and directly violate its full-employment mandate, for starters. There would be people saying that the Fed overdraft should by rights be included in the total national debt, but they would have no particular standing to try to get that point of view enforced by a court of law.
And of course if Treasury has a back-up overdraft facility at the Fed, that would only serve to shore up — rather than endanger — its precious triple-A credit rating.
So, have at it, people. Why isn’t this the first best solution to the debt-ceiling problem, should we find ourselves in that dreadful situation?
SPRINGFIELD -- Police and safety advocates hope Gov. Pat Quinn signs a proposal to require all passengers in a vehicle to wear seatbelts.
Currently, people in the front seat of a vehicle have to use their seatbelts, but backseat riders must buckle up only if they’re under 18.
The measure headed for Quinn’s desk, House Bill 219, would require that seatbelts be fastened no matter where a passenger is sitting.
Bob Nika, who has been a drivers’ education teacher for 30 years and currently teaches at Southeast High School, said he already teaches his students to make sure their backseat passengers buckle up.
Springfield Deputy Police Chief Cliff Buscher also believes the legislation is a good idea. Backseat passengers become projectiles if they’re not buckled up in an accident, he said.
The Springfield area’s entire legislative delegation – Sens. Larry Bomke, R-Springfield; Sam McCann, R-Carlinville; Bill Brady, R-Bloomington; Reps. Raymond Poe, R-Springfield, Rich Brauer, R-Petersburg; Jim Watson, R-Jacksonville; Wayne Rosenthal, R-Morrisonville, and Bill Mitchell, R-Forsyth -- voted against the bill.
Bomke said he wears a seatbelt if he sits in the back seat.
Quinn’s office did not respond to a question about whether the governor would sign the bill, but his spokespeople typically say Quinn plans to carefully review legislation before he decides.
The Illinois Department of Transportation believes everyone in a vehicle should wear one, said spokesman Josh Kauffman.
Nika and Buscher said they have seen or heard about accidents in which backseat passengers have been seriously injured because they weren’t wearing their seatbelts.