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Updated: 5 hours 27 min ago

Buses for Apple employees attacked with pellet guns, company suspects

Wed, 01/17/2018 - 3:11pm

Multiple incidents have been reported since 12 January, but no one appears to have been injured, Apple says. At least five buses used to transport Apple employees to the company’s headquarters have had their windows smashed by what is suspected to be pellet guns during the last week. The first window was shattered on the evening of Friday 12 January, as the shuttle bus travelled from the company campus back into San Francisco.

People in California are calling for the rural counties to declare independence from the rest of the state

Wed, 01/17/2018 - 2:38pm

The aspiring 51st state would incorporate the central, mostly rural counties and contain roughly 15 million people, according to the group's organizers. A split between California and New California is highly unlikely. "New California" is swiftly taking over social media.

A 21-year-old Canadian woman was found guilty of killing her best friend after a Facebook photo showed the weapon in plain sight

Wed, 01/17/2018 - 1:42pm

A Canadian woman pleaded guilty to manslaughter this week after killing her best friend in 2015. The police uncovered a Facebook photo in which she was wearing a black belt — the same kind that was found next to the victim's body. A 21-year-old Canadian woman pleaded guilty to manslaughter and was sentenced to seven years in prison on Monday, three years after she posted a Facebook photo that helped the police crack the case.

This High-Yield Stock Was Just Too Cheap Not to Buy

Wed, 01/17/2018 - 1:19pm

After shoring up its financial situation last year, this pipeline company should supply investors with a generous income stream for years to come.

How Ford is taking on Jeep

Wed, 01/17/2018 - 12:45pm

Most all-wheel drive vehicles are made for soft off-roading—gravel roads, snowy passes, the occasional beach—not for the boulder-strewn mountain-goat trails the toughest Jeeps are built to roam. Ford sees that as an opportunity. Its new Ranger pickup, revived after a seven-year hiatus, is aimed at recreational enthusiasts who don’t need a work truck but love the flexibility a pickup offers.

Bank of America Corp Marks Beginning of Secular Growth

Wed, 01/17/2018 - 12:30pm

In light of recently-reported quarterly results from peers and rivals like Citigroup Inc (NYSE:C) and JPMorgan Chase & Co. (NYSE:JPM), the prior quarter’s numbers from Bank of America Corp (NYSE:BAC) weren’t particularly surprising. Owners of BAC stock were also prepared to hear that the recent tax overhaul took a sizeable but one-time toll on the bottom line, even as it set the stage for major long-term growth. For its fourth fiscal quarter ending in December, Bank of America turned $20.4 billion worth of revenue into a profit of $2.4 billion, or 20 cents per share of BAC stock.

White House official: House intel panel broke an agreement on limiting scope of questions for Bannon

Wed, 01/17/2018 - 11:51am

The White House believed it had a deal with the House Intelligence Committee to limit questions for Steve Bannon, a source told CNBC.

Land Rover Defender returns with a 400-hp V8 for a limited run

Wed, 01/17/2018 - 11:40am

It's the most powerful Defender ever from Land Rover.

None of these 3 collectible cars get driven, but one's va...

Wed, 01/17/2018 - 10:29am

Jay Leno and Donald Osborne check out the values of the 1962 Chevrolete Biscayne, 1946 Kurtis-Offy Midget and 1972 Gurney Olsonite Eagle.

Behind the Rising Costs of Long-Term-Care Insurance

Wed, 01/17/2018 - 10:03am

Long-term-care ​insurance was supposed to help seniors pay for costly nursing homes and personal aides. Now the industry is imploding. What’s ​at stake for ​more than 7 million Americans who own ​the policies? Illustration: Laura Kammermann/The Wall Street Journal

Litecoin has lost over half its value since the creator sold all of his stake

Wed, 01/17/2018 - 9:41am

Litecoin has plunged to the sixth-largest cryptocurrency by market cap after losing half of its market value in less than a month. The cryptocurrency, created by former Coinbase engineer Charlie Lee in 2011 as a quicker alternative to the flagship bitcoin, was worth an all-time high of $365 as recently as December, according to Markets Insider data. During its astronomical rise, Lee was often accused of manipulating the price of Litecoin through his tweets and public appearances.

Energy Transfer Partners Divests Compression Units for $1.8B

Wed, 01/17/2018 - 9:29am

Energy Transfer Partners (ETP) expects the transaction to close by the first half of 2018.

Is Celgene (CELG) Looking to Take Over Juno Therapeutics?

Wed, 01/17/2018 - 9:00am

There are reports that Celgene (CELG) is in talks to acquire Juno Therapeutics to strengthen its portfolio given the recent series of setbacks.

Advanced Micro Devices, Inc. Stock Is Not Safe After All

Wed, 01/17/2018 - 8:57am

Chip-maker Advanced Micro Devices, Inc. (NASDAQ:AMD), who has had a red-hot start to 2018, didn’t have a great close at the end of last week. Just a few days before, AMD stock was bouncing on news that chips from competitor Intel Corporation (NASDAQ:INTC) were susceptible to a security flaw called Spectre. AMD said the exploit poised a “near-zero” risk to its chips, so AMD stock popped on the thought that customers would migrate from Intel to AMD for security purposes.

Realty Income (O) Announces Hike in Monthly Dividend Payment

Wed, 01/17/2018 - 8:51am

Realty Income (O) enjoys trademark on the phrase "The Monthly Dividend Company" and the February 2018 dividend payment marks the company's 95th dividend increase since its NYSE listing in 1994.

Here's Why Eldorado Gold Corp. Plummeted 56% in 2017

Wed, 01/17/2018 - 8:39am

Plenty of gold stocks glittered last year. This wasn't one of them.

Did Sen. Booker go too far in grilling the Homeland Security secretary?

Wed, 01/17/2018 - 8:36am

Judge Andrew Napolitano on the legal battle over DACA and Sen. Cory Booker's comments to Homeland Security Secretary Kirstjen Nielsen.

Is Gilead Sciences, Inc. a Buy in 2018?

Wed, 01/17/2018 - 8:32am

Focus on the future rather than the past for this big biotech.

3 Growth Stocks Worth Owning for the Next 50 Years

Wed, 01/17/2018 - 8:30am

These stocks have the potential to reward investors for decades to come.

Watch out for a Nasty Market Pullback

Wed, 01/17/2018 - 7:50am

Stocks suffered their worst one-day reversal since June 2016 on a points basis after the Dow Jones Industrial Average zoomed past the 26,000 threshold, bagging the quickest-ever 1,000 point gain from its last round number (hit just seven days ago). The gain was triple the pace seen from 24,000 to 25,000 as the post-tax cut rally hit peak euphoria.