Archive for the ‘Business’ Category

Stocks on win streak as traditionally rough October hits midway point

Monday, October 16th, 2017

IN THE NEWS TODAY The White House released its first economic analysis of the GOP tax plan. Kevin Hassett, chairman of Trump's Council of Economic Advisors, said the average U.S. household income would jump at least $4,000 a year but could rise as much as $9,000 annually.

NFL Continues to Get Mixed Results on Thursday Nights: LIVE MARKETS BLOG

Friday, October 13th, 2017

The S&P 500 and Nasdaq were trading at record highs Friday morning a session after all three indices traded in the red. The Dow Jones Industrial Average was up 0.11% while the S&P and Nasdaq climbed 0.09% and 0.25% respectively. shares were up nearly 3% in early market trading after analysts at JPMorgan raised the company's price target to $225 from $210.

Lawsuit: Adrian Peterson defaulted on $2.4 million loan

Wednesday, October 11th, 2017

MINNEAPOLIS (AP) -- A lawsuit filed in Minneapolis accuses former Minnesota Vikings running back Adrian Peterson of defaulting on a $2.4 million loan. Crown Bank says Peterson, who was traded by the New Orleans Saints to the Arizona Cardinals on Tuesday

Examining the Factors Surrounding Jemele Hill‘s Suspension by ESPN

Monday, October 9th, 2017

The answers to these questions are important for ESPN SportsCenter co-host Jemele Hill, whom ESPN suspended on Monday for two weeks on account of her second violation of the network’s social media policy. As detailed by Richard Deitsch, Hill on Sunday tweeted that fans ought to boycott companies that advertise with the Dallas Cowboys.

Can Dolphins Recover from ‘Snortgate?’

Monday, October 9th, 2017

Former New York Giants running back Tiki Barber looks at all the issues surrounding the Miami Dolphins and shares whether they will be able to recover.

Dannon drops Cam Newton as spokesman after he insulted female reporter

Thursday, October 5th, 2017

Carolina Panthers quarterback Cam Newton didn’t anticipate the backlash when he made a comment to a reporter that it was “funny” to hear a woman talk about passing routes. Dannon, a yogurt company, has cut ties with Newton after his comments to Charlotte Observer reporter Jourdan Rodrigue, according to A.J. Perez of USA Today. Newton had done a high-profile ad campaign with Dannon for its Oikos brand of yogurt.

Buffett makes a truck stop, buys big into Pilot Flying J

Tuesday, October 3rd, 2017

Warren Buffett's company is acquiring a major stake in Pilot Flying J truck stops and it will take over a majority stake within about five years from the family of Cleveland Browns owner Jimmy Haslam and Tennessee Gov. Bill Haslam. The ubiquitous truck stops, 750 of them in 44 states and Canada, make up the 15th largest private company in the U.S., according to Forbes, with 27,000 employees and revenue of more than $20 billion per year. Berkshire Hathaway and Pilot Travel Centers announced the deal Tuesday morning.

Warren Buffett sees value in American truck stops as Berkshire Hathaway buys stake in Pilot Flying J

Tuesday, October 3rd, 2017

Warren Buffett 's conglomerate Berkshire Hathaway (NYSE: BRK.A) announced Tuesday that it has taken a "significant minority investment" in Pilot Travel Centers. Better known as Pilot Flying J, the company is the largest operator of truck stops and rest stops in North America, with 750 locations and more than $20 billion in revenue. The company is 15th on Forbes' list of America's largest private companies.Berkshire will acquire a 38.6 percent equity stake in the family-owned company, which was founded by James Haslam in 1958 and has more than 27,000 employees.

Wolf Administration Emphasizes Importance of Practical Financial Skills for Students

Monday, October 2nd, 2017

HARRISBURG, Pa., Oct. 2, 2017 /PRNewswire-USNewswire/ -- Secretary of Banking and Securities Robin L. Wiessmann and Department of Education Executive Deputy Secretary David W. Volkman addressed high school students at William W. Bodine High School today

Kirk Cousins earns $24 million and still spends summers in his parents’ basement

Friday, September 29th, 2017

Washington Redskins quarterback Kirk Cousins earned $19.9 million last year and will take home $23.9 million this year. "It works well," Cousins tells GQ. Cousins' frugal habits, which also include driving a dented GMC Savana passenger van that he bought from his grandma for $5,000, highlight an important money lesson: Just because you earn a big paycheck doesn't mean you have to, or should, become a big spender.