Powell for Federal Reserve chair could support stocks bull market – Reuters

NEW YORK (Reuters) – President Donald Trump’s expected nomination on Thursday of Federal Reserve Board Governor Jerome Powell to be the next chair of the U.S. central bank likely will provide investors with some assurance of continuity in monetary policy, supporting the eight-year long stock market rally, but perhaps dealing a blow to those looking […]

Under Armour’s terrible year just got worse – Washington Post

A woman runs past an Under Armour store in downtown Chicago on Oct. 16. (Christopher Dilts/Bloomberg) Americans, it seems, are over Under Armour. The onetime darling of the athletic wear industry on Tuesday announced that sales are down for the first time since 2005, even as it makes an aggressive push to expand into mainstream chains like DSW, […]

Samsung Electronics names new-generation leaders as profit soars – Reuters

SEOUL (Reuters) – South Korean technology giant Samsung Electronics Co Ltd (005930.KS) named a new generation of top managers on Tuesday and promised to reward shareholders with $26 billion in payouts to 2020, as it reported record third-quarter profit. The world’s biggest maker of semiconductors, televisions and smartphones replaced the leaders of its three main […]

Proof that the T-Mobile/Sprint merger would be awful for consumers – BGR

Earlier today, Nikkei Asian Review published a report that merger talks between Sprint and T-Mobile are over. According to the story, Sprint owner SoftBank was unwilling to relinquish control of the merged company to Deutsche Telekom, T-Mobile’s owner. According to the instant replay, at least, that move may not have been wise. Sprint’s shares are down 9% […]

LuLaRoe accused of being a pyramid scheme – CBS News

LuLaRoe, the multilevel marketer that has come under fire for its business practices and the quality of its colorful womens’ leggings, now faces a federal lawsuit in California. The company is accused of being an illegal pyramid scheme and of violating a federal racketeering law that has been used to target members of organized crime. […]

Man locked in store’s beer cooler stays, drinks all night – USA TODAY

OK, this isn’t the beer cooler where a 38-year-old Marshfield, Wis., man got trapped Oct. 25, 2017, but it could be. He was cool with it — all night long.(Photo: PR Newswire)   MARSHFIELD, Wis. — A 38-year-old Wisconsin man who got locked in a convenience store’s beer cooler overnight didn’t despair: He decided to enjoy […]

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