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3 hours ago | CNBC
Afghanistan's health-care system is 'on the brink of collapse,' WHO warns
Afghanistan's health-care system is "on the brink of collapse" as a lack of funding left thousands of health facilities struggling to buy medical supplies and pay their staff, the World Health Organization said Wednesday."Unless urgent action is taken, the country faces an imminent humanitarian catastrophe," WHO Director-General Tedros Adhanom Ghebreyesus and WHO Regional Director for the Eastern Mediterranean Ahmed Al-Mandhari said in a statement following a visit to Kabul, Afghanistan's capital city.The Taliban, an ultraconservative militant group, seized power in Afghanistan last month as the U.S. withdrew its military presence in the country. Afghanistan is heavily dependent on international funding, but many donors have suspended aid to the country while the U.S. froze its Afghan financial assets.
3 hours ago | MarketWatch
Asian markets mixed as Evergrande concerns linger
Asian shares were mixed Friday amid concerns over troubled Chinese real estate developer Evergrande and over the pandemic.
4 hours ago | MarketWatch
North Korea rejects South’s call for declaration officially ending war
North Korea rebuffed South Korea’s push for a political declaration to end the 1950-53 Korean War as a way to restore peace, saying Friday such a step could...
5 hours ago | MarketWatch
Facebook safety exec to face Senate panel next week over teens’ mental health
A Senate panel will grill a Facebook Inc. executive next week in the wake of a Wall Street Journal report that found Facebook had knowledge that its...
5 hours ago | FOX Business
Disney not probing handling of sexual-assault allegations after boss request
Walt Disney Co. isn’t pursuing an independent investigation into how the network handled sexual-assault allegations against the former top producer of ABC’s "Good Morning America," the show’s executive producer told staffers earlier this week.Simone Swink, the executive producer of "GMA," said during a staff meeting on Monday that an outside probe into the departure of Michael Corn as senior executive producer of the top-rated morning news program "is not happening at this time," according to a recording of the meeting.ABC News President Kim Godwin told staff last month that she requested an independent probe into the matter, The Wall Street Journal reported. The decision not to move forward with an investigation was disclosed to Godwin, Swink and other top ABC staffers in a meeting last Friday held by Peter Rice, who in his role as Disney’s chairman of general entertainment content oversees the news unit, according to the recording.
6 hours ago | FOX Business
New demographic data shows continued divide at Amazon
Amazon.com Inc's executives ranks remained largely white, although the share of non-white executives rose modestly, while minorities continued to account for most of its blue-collar workforce as the online retailer grew rapidly during the COVID-19 pandemic, according to new company data.The disclosure made Amazon the largest company by market capitalization to date to respond to a call from New York City Comptroller Scott Stringer for companies to publicly release a confidential federal form, his office said on Thursday.In all 67 companies in the S&P 100 released or plan to release their EEO-1 forms, which show detailed worker information as a result of the campaign, Stringer's office said.AMAZON CEO ANDY JASSY MADE THE ROUNDS ON CAPITOL HILL THIS WEEK: REPORTA lack of racial or gender diversity in the leadership of many U.S. corporations has drawn focus since last year's Black Lives Matter demonstrations.
6 hours ago | FOX Business
US Commerce chief: more action to be taken on Huawei if needed
WASHINGTON - U.S. Commerce Secretary Gina Raimondo said on Thursday the Biden administration will take further action against Chinese telecoms firm Huawei if necessary, after some Republican lawmakers have pressed for more steps.Washington says Huawei is a national security threat on a variety of grounds and aggressively lobbied other countries not to use Huawei equipment in next-generation 5G networks. Citing Huawei’s ties to the Chinese government and military, Washington says this makes the company susceptible to "Chinese governmental pressure to participate in espionage."In a Reuters interview, Raimondo was asked about Huawei and recounted how she told Republican lawmakers in January "that I wouldn’t be soft and now the proof’s in the pudding -- we haven’t been. They shouldn’t worry."
6 hours ago | FOX Business
Top US port hit by cyberattack, 'nation-state actor' suspected
The Port of Houston thwarted an attempted cyberattack last month, officials from the facility confirmed on Thursday."The Port of Houston Authority (Port Houston) successfully defended itself against a cybersecurity attack in August," port officials said in a statement. "Port Houston followed its Facilities Security Plan in doing so, as guided under the Maritime Transportation Security Act (MTSA), and no operational data or systems were impacted as a result."The port authority did not provide further details about the attempted hack. The hackers attempted to breach computer systems by exploiting a password management service called ManageEngine ADSelfService Plus, the Associated Press reported.CLICK HERE TO READ MORE ON FOX BUSINESSEarlier Thursday, Cybersecurity and Infrastructure Security Agency Director Jen Easterly disclosed the attempted hack during a Senate committee hearing and said authorities suspected a "nation-state actor" was responsible. Easterly did not say which country was suspected.
6 hours ago | FOX Business
Barry Diller’s IAC in talks to buy magazine publisher Meredith
IAC/InterActiveCorp. is in advanced talks to acquire magazine publisher Meredith Corp., owner of brands including People and Better Homes & Gardens, according to people familiar with the situation, in an effort to build more scale in online publishing.The deal, which is expected to be valued at more than $2.5 billion, would vastly expand IAC’s collection of online publications, which include Brides, Serious Eats and TripSavvy, the people said. It would also bulk up IAC’s portfolio of websites, which has shrunk recently after the company moved to spin off online-dating behemoth Match Group Inc. and video-hosting and sharing platform Vimeo Inc.IAC, led by Chairman Barry Diller, has pulled ahead of another group vying for Meredith that includes Phoenix-based private-equity firm The Najafi Cos. and could strike a deal in the coming days, some of the people said. There is no guarantee there will be a deal, as the talks could still fall apart.
6 hours ago | FOX Business
Biden invited border chaos: Jason Chaffetz
Fox News contributor joins Heritage Action executive director Jessica Anderson on 'Fox Business Tonight' #FoxBusiness Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/
6 hours ago | Entrepreneur
J&J ETFs to Gain on Upbeat COVID-19 Vaccine Data
The positive data update has put the spotlight on a number of ETFs that could benefit from their high exposure to Johnson & Johnson.
6 hours ago | MarketWatch
White House again raises using defense act to address chip shortage: report
Bloomberg News reported Thursday that Commerce Secretary Gina Raimondo said the Cold War-era law is under consideration as a means of forcing better...
6 hours ago | Entrepreneur
Participate in the first course that Microsoft and Facebook offer to help MSMEs. It's free!
This course has the objective that entrepreneurs from all over the country know how to establish their digital presence and take advantage of the opportunities offered by digital platforms.
7 hours ago | Bloomberg
White House Weighs Invoking Defense Law to Get Chip Data
Sep.23 -- The U.S. government is considering invoking a Cold War-era national security law to force companies in the semiconductor supply chain to provide information on inventory and sales of chips. The Biden administration wants to alleviate bottlenecks that have idled U.S. car production and caused shortages of consumer electronics. Justin Sink reports on "Bloomberg Daybreak: Asia."
7 hours ago | The NY Times
Uncertainty Swirls Around Evergrande as a Payment Deadline Passes
China Evergrande, the property giant whose financial troubles roiled global markets earlier this week, left investors in a state of uncertainty again on Thursday with the fate of an $83 million interest payment still unresolved.The payment, on Evergrande’s dollar-denominated bonds, was due Thursday. By the end of the business day in New York, the company had still not said publicly whether it had made the payment or planned to. One bondholder, speaking on condition of anonymity to discuss the matter, said they had not been paid. But, this person noted, the company’s debt covenants provide it with a 30-day grace period before the missed payment results in a default, which means the limbo debtholders find themselves in could continue.
7 hours ago | FOX Business
Jim Jordan shreds Biden admin over worsening border crisis
Ohio Republican weighs in on the Biden admin's handling of the border crisis on 'Kudlow' #FoxBusiness #Kudlow Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/
7 hours ago | Entrepreneur
Pre-Earnings Option Spread To Profit Off Micron Technology (MU)
I'm looking at a 3-legged option spread that will allow you to see endless upside gains on a rebound to the upside and still furnish you with a downsi...
7 hours ago | MarketWatch
House panel investigating Jan. 6 insurrection subpoenas former Trump advisers
A House committee investigating the Jan. 6 insurrection at the U.S. Capitol has subpoenaed four advisers and associates to former President Donald Trump who...
8 hours ago | FOX Business
Biden may owe up to $500k in back taxes, report says
President Biden may have improperly avoided paying Medicare taxes before he took office and could owe the IRS up to $500,000, according to a Congressional Research Service report."Joe Biden wants to raise taxes by $2.1 trillion while claiming the rich need to pay their ‘fair share.’ But in 2017, multi-millionaire Joe Biden skirted his payroll taxes — the very taxes that fund Medicare and Obamacare," said Rep. Jim Banks, who chairs the conservative Republican Study Committee. Banks said the report indicated that Biden improperly used "S corporations" while he and First Lady Jill Biden raked in over $13 million on speaking fees and book sales in 2017 and 2018, but counted less than $800,000 of it as a salary that could be taxed for Medicare.BIDEN DOUBLES DOWN ON $3.5 TRILLION PLAN THAT MANCHIN, MODERATE DEMS OPPOSE: 'NOT ABOUT SHORT-TERM STIMULUS'
8 hours ago | MarketWatch
This is why this super-successful growth investor no longer owns Tesla shares
Dennis Lynch, head of Counterpoint Global, Morgan Stanley Investment Management, points to unit economics.
8 hours ago | Entrepreneur
Trip.com (TCOM) Q2 Earnings and Revenues Top Estimates
Trip.com (TCOM) delivered earnings and revenue surprises of 157.14% and 5.50%, respectively, for the quarter ended June 2021. Do the numbers hold clue...
8 hours ago | Bloomberg
China Tells Evergrande to Avoid Bond Default
Sep.23 -- Regulators told embattled developer China Evergrande Group to focus on completing unfinished properties and repaying individual investors while avoiding a near-term default on dollar bonds. Stephen Engle reports on "Bloomberg Daybreak: Australia."
8 hours ago | The NY Times
Residents of Troubled Supertall Tower Seek $125 Million in Damages
The condo board at the supertall tower 432 Park Avenue, one of the most expensive addresses in the world, is suing the developers for $125 million in damages, citing multiple floods, faulty elevators, “intolerable” noise caused by building sway, and an electrical explosion in June — the second in three years — that knocked out power to residents, according to a lawsuit filed Thursday.The nearly 1,400-foot-tall tower, designed by the firm of star architect Rafael Viñoly, first came under scrutiny in February, when The Times revealed many of the claims made in the new suit.“This case presents one of the worst examples of sponsor malfeasance in the development of a luxury condominium in the history of New York City,” referring to the developers, CIM Group and Macklowe Properties, according to the complaint filed with New York State Supreme Court. The damages include the estimated cost to repair some 1,500 construction and design defects in common elements of the building that were identified by an engineering firm hired by the condo board; it does not include potential punitive damages, or separate lawsuits that individual residents might file.
8 hours ago | CNBC
Cramer's lightning round: Nucor is a buy
Dynavax Technologies Corp.: "Yeah, well, it's good. I love these little immuno drug stories." Nucor Corp.: Buy. "Nucor is coming back. ... People think it's going to earn $22 [per share] this year and $11 next year. It's probably going to earn $20 next year, and the stock sells at 5 times earnings. It should sell at 10 times earnings. That means you're going to get a double if you hold onto Nucor. I really believe that. I know most people don't." Amarin Corp.: "OK. Let's just describe this. This is a $5 stock that might get a bid or might go to zero, and that's how you have to look at. Interesting risk/reward." DisclaimerQuestions for Cramer? Call Cramer: 1-800-743-CNBCWant to take a deep dive into Cramer's world? Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram
8 hours ago | FOX Business
Devin Nunes: This Democrat bill is 'Obamacare on steroids'
California Republican discusses the cost of the infrastructure bill on ‘Kudlow’ #FoxBusiness #Kudlow Subscribe to Fox Business! https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video.foxbusiness.com Watch Fox Business Network Live: http://www.foxnewsgo.com/
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