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Lonzo Ball turned down a workout with the Celtics, and it shows the Ball family is putting all of their eggs in one basket  

Mark J. Terrill/APWith the NBA Draft one month away, the Ball family continues to push for Lonzo Ball to go to the Los Angeles Lakers with the No. 2 pick. On Thursday, Celtics president of basketball operations Danny Ainge told "Toucher and Rich" that the Balls turned down an invite for a workout with the Celtics, who have this year's No. 1 pick. "We tried to get [Ball] in," Ainge said. "We just tried to get him in for a workout and they politely said no." The Balls' rejection comes after Lon

2017-05-25 13:59:10
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The US lost track of $1 billion in weapons, and they might end up in ISIS' hands  

REUTERS/Reuters TV via Amaq news agency The US army has failed to monitor over $1bn worth of arms and other military equipment transfers to Kuwait and Iraq, Amnesty International says in a report citing a 2016 US government audit. The now-declassified document by the US Department of Defence (DoD) audit, was obtained by the rights group following Freedom of Information requests. The audit reveals that the DoD "did not have accurate, up-to-date records on the quantity and location" of a vast a

2017-05-25 13:56:47
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Watch an F-16 blow a drone to smithereens with air-to-air missiles  

When it comes to unmanned aerial vehicles, there's clearly a love-hate relationship within the military. The Air Force is scrambling to find and train new pilots to fly the robot warriors, which hunt down high-value targets and fire missiles with relentless precision. But military planners are also concerned about increased access to the technology by America's enemies, with ISIS using booby-trapped drones as IEDs and some groups actually dropping grenade-sized bombs on U.S. and allied t...

2017-05-25 13:54:36
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WeWork, the $17 billion company that simulates startup life, is getting into the fitness business  

WeWorkThe company that asked startup workers and freelancers to cram into communal office spaces, then apartments, has quietly gotten into the fitness business. Quartz reported that WeWork plans to open a permanent gym at 85 Broad Street in New York City, where the company has a co-working space. Later, a source close to the company told The Real Deal the facility will also have yoga studios, a sauna, and a meditation room. A job posting on WeWork's website hints at how the dynamics

2017-05-25 13:48:03
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Enroll in thousands of online courses for $10 each — and more of today's best deals from around the web  

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Since you don't have all day to scour the web for noteworthy sales and discounts, we rounded up the best bargains for you to shop in one convenient place. PangeaBed 1. Save $125 on a new mattress from PangeaBed With the Copper Mattress, you'll sleep cooler and fewer dust mites and other microbes will be able to make your bed their h

2017-05-25 13:43:44
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The 18 most expensive cities in the world to eat dinner out at a restaurant  

Shutterstock/TupungatoMaking a habit of eating out at restaurants is quick way to bust your budget. Cooking at home is almost always going to be cheaper.  That's especially true in major, cosmopolitan cities like Tokyo, Oslo, and Zurich, where dinner for two at a regular neighborhood restaurant — not even a fancy establishment — will run you over $60. In 15 other cities around the world it will cost at least $40.  That's according to a recent report by Deutsche Bank, which analyz...

2017-05-25 13:39:18
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Watch a New Zealand company launch its 3D-printed rocket into space for the first time  

Rocket Lab With the commercial space race heating up, a U.S.-New Zealand aerospace firm has achieved a notable milestone, becoming the first to launch an orbital-class rocket into space from a private launchpad. Rocket Lab's Electron rocket launched from the Mahia Peninsula on New Zealand's North Island at 16:20 local time on May 25 (21:20 PT, May 24). While the rocket did reach space, it failed to reach orbit. There were no media or spectators in attendance, but the company posted this vide

2017-05-25 13:32:50
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Trump vows 'unwavering' fight against terrorism at NATO  

Thomson Reuters BRUSSELS (Reuters) - U.S. President Donald Trump told fellow NATO leaders on Thursday that the United States would never stop fighting terrorism, calling the Manchester attacks "savage" and "barbaric". While he also accused low-spending members of the alliance of owing "massive amounts of money" to NATO, Trump said he and allies would drive out militants and urged all nations to do the same. "We will never waiver in our determination to defeat terrorism and achieve lasting sec

2017-05-25 13:21:53
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Tesla is pushing the insurance industry to prepare for massive disruption (TSLA)  

TeslaTesla is forcing insurance companies to seriously consider how policies will change as cars become safer due to advances in self-driving technology. The latest example is Farmers Insurance partnership with Tesloop, a small ride-sharing service that uses Tesla cars to transport customers between cities in Southern California. Farmers wrote a new auto policy for Tesloop that slashes the service's previous insurance costs by 25% by reducing its risk premium, Tesloop CEO Rahul Sonnad tol

2017-05-25 13:21:51
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Here's why the US would have to be insane to attack North Korea  

KCNA via Agence France-PresseDespite reports of US and Chinese military buildups, North Korea's increased pace of provocations, and the Trump administration's repeated claims that "all options are on the table," the US would have to be insane to attack North Korea. To the untrained eye, the preparations for war are all there.  The US has deployed the world's most advanced missile defense system to South Korea to protect against ballistic missiles. The world's most advanced jet, the F-35,

2017-05-25 13:18:44
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What you need to know on Wall Street today  

Gus Ruelas/ReutersWelcome to Finance Insider, Business Insider's summary of the top stories of the past 24 hours. A battle is brewing over the best-performing stock since last year's US election. The company in question is Nvidia, which has enjoyed a particularly charmed existence since November 8. The graphics-chip maker's stock price has exploded 95% higher since then, the biggest gain in the S&P 500 by almost 30 percentage points. On one hand, the company has been targeted by large spe

2017-05-25 13:10:01
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The best laundry baskets you can buy  

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. The Insider Pick: No need to air your dirty laundry: Instead, corral it in a suitable basket or hamper. We checked out the best-selling and most recommended laundry totes, and Sterilite's White Stackable Laundry Basket is the best of the best. At some point, it happens to all of us: We reach the age where "sto...

2017-05-25 13:09:54
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6 details you might have missed in season 3 episode 4 of 'Twin Peaks'  

Episode 4 of "Twin Peaks: The Return" took a comedic turn with a brief cameo from Michael Cera and more doppelgänger hijinks from Kyle MacLachlan. While you wait for episode 5 to air on Showtime on June 4, 2017, catch up on everything you might have missed in the most recent episode the first time around. The first four episodes are already available on Showtime on Demand. Follow Tech Insider: On Facebook

2017-05-25 12:59:16
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Stephen Colbert unleashes on Trump's $2 trillion budget mistake  

"The Late Show with Stephen Colbert"/CBS; YouTubeOf course Stephen Colbert didn't give President Donald Trump a pass on the $2 trillion math error in his proposed federal budget. "Well, President Trump is still on his semester abroad, getting his extra credits," Colbert said on Wednesday's "Late Show," referring to the president's international trip this past week, which began in Saudi Arabia and ends in Italy this week. "He might want to stay over there for a little while until the firemen can

2017-05-25 12:52:42
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How the internet is reshaping sports TV, and what the future holds  

Turner SportsFor the past few weeks, the media world has buzzed about the prospects of sports television, after brutal layoffs at ESPN coincided with record cable subscriber losses in the quarter. The big question was whether the old business model is tenable in the world of smartphones and social-media. But when considering the future of sports media, Craig Barry, the head of content for TV juggernaut Turner Sports (the company behind the "NBA on TNT"), takes inspiration from an unlikely...

2017-05-25 12:33:12
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The best security cameras you can buy for your home  

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. The Insider Pick: Home security cameras can keep your home safe from thieves, but they also help you keep an eye on your kids and pets. After much testing and research, we found that the Logitech Circle is the best camera for any job, thanks to its excellent image quality, cute design, and competitive price. Home secur

2017-05-25 12:13:22
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17 apps that will help you become a more productive person  

g-stockstudio/ShutterstockI've spent most of my life in awe of early birds. You know the type: People who can jump out of bed at 5:00 a.m., run a mile, actually eat breakfast, and still make it to work on time.As a night owl, I often struggle to be productive during the day. I've tried productivity hacks to no avail, and I always abandon planners a few days after I start using them.When I switched out physical notebooks for to-do lists on my phone, however, I finally saw a difference — bo...

2017-05-25 12:12:15
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Pokémon's new game for iPhone and Android is out, and it's unlike any game before it  

Pokemon The Pokemon Company has never shied away from making unusual games. Ever since the original Red and Blue versions came out in 1996, it's released many traditional, turn-based sequels. But it's also dabbled in pinball games, photography games, puzzle games, RPGs, fighting games, and even one based on feudal Japan.  And now, in perhaps its boldest move yet, Pokemon has released a mobile game centered entirely around what is widely considered its weakest, most ...

2017-05-25 11:55:14
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Trump appears to push NATO's newest leader as he makes his way to the front of the pack at a summit  

Steve Kopack/TwitterPresident Donald Trump's push to get in front of the pack at the NATO summit in Belgium is getting attention. Video footage from the gathering shows Trump putting his right hand on the right arm of Montenegro Prime Minister Dusko Markovic and pushing himself ahead as NATO leaders walked inside the alliance's new headquarters in Brussels. Trump then stands near Markovic and speaks to Lithuanian President Dalia Grybauskaite. The video garnered attention on social media. Mont

2017-05-25 11:47:34
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10 things you didn't know about the background characters in the iconic 'Star Wars' cantina scene  

LucasfilmIn celebration of the 40th anniversary of the release of George Lucas' "Star Wars: Episode IV - A New Hope," which didn't just launch the one of the greatest movie franchises of all time but also the summer blockbuster, let's look back at one of the movie's most memorable moments: the Mos Eisley cantina scene. It's where Luke Skywalker (Mark Hamill) and Obi-Wan Kenobi (Alec Guinness) find a pilot to take them to Alderaan. You guessed it — Han Solo (Harrison Ford). But Kenobi ...

2017-05-25 11:46:18
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A powerful drug derived from marijuana is on the cusp of federal approval  

ShutterstockAn experimental drug derived from cannabis to treat epilepsy is on the brink of becoming the first of its kind to win US government approval. The drug's active ingredient is cannabidiol, the compound in marijuana thought to be responsible for many of its therapeutic effects. Cannabidiol doesn't contain THC, marijuana's main psychoactive ingredient, so it doesn't get users high. According to results from two large clinical trials released over the past two months, however,

2017-05-25 11:45:28
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The trailer for Jason Bateman's gripping new Netflix show is here  

Netflix; YouTubeJason Bateman is back on Netflix, but not with "Arrested Development." He's costarring in a dark new drama show with Laura Linney called "Ozark" and it just released its first trailer. Bateman, who's also an executive producer, stars as Marty, a financial planner, and Linney plays his wife, Wendy. They suddenly uproot their family from the suburbs of Chicago to a resort community in the Missouri Ozarks. It turns out they're on the run from a drug lord! Things look like they

2017-05-25 11:29:03
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The Air Force put on a show of force with the A-10, and a day later it got taken off the chopping block  

US Air Force The 23rd Fighter Wing, which oversees the largest A-10 fighter group in the Air Force, put on a show of force with its Thunderbolts on Monday, staging an "elephant walk" at Moody Air Force Base in Valdosta, Georgia. "The exercise was conducted in order to demonstrate the wing's ability to rapidly deploy combat ready forces across the globe," Moody Air Force Base said on its Facebook page. The Flying Tigers' "elephant walk" — a phrase that has been in use since at least World Wa...

2017-05-25 11:24:34
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Former Sen. Joe Lieberman withdraws name from consideration as FBI director amid conflict of interest concerns  

REUTERS/Mike SegarFormer Connecticut Sen. Joe Lieberman formally withdrew his name from consideration to replace James Comey as director of the FBI on Thursday after President Donald Trump selected a lawyer from Lieberman's law firm to represent him in various investigations into possible Russian election interference. Lieberman, who was reportedly the frontrunner for the position, said that being considered for the role was "a great honor because of my enormous respect for the m

2017-05-25 11:01:30
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Listen to audio of a GOP candidate from Montana allegedly 'body slamming' a reporter  

Greg Gianforte, the Republican candidate running for an open congressional seat in Montana's special election on May 25, has been accused of body-slamming a reporter. Ben Jacobs, a reporter for The Guardian, said he was asking Gianforte some questions at a campaign event before their encounter turned violent. Following is a transcript of the audio clip. Ben Jacobs: Into the CBO score, because you know you were waiting to make your decision about health care until you saw the bill and it ju

2017-05-25 10:54:15
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Melania Trump's Slovenian hometown sees a huge boost in tourism  

incidencematrix/ FlickrLJUBLJANA (Reuters) - The number of tourists in Slovenia rose by 8 percent year-on-year in March, boosted by the fact that new U.S. First Lady Melania Trump was born in the country. Overnight stays in Slovenia by tourists from the United States jumped 30.6 percent while the number of domestic tourists rose by 22.5 percent, the statistics office said on Thursday. Analysts said domestic tourist figures reflected improved economic conditions in Slovenia, a country which nar

2017-05-25 10:48:49
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Top Republican tears up about family after discussing the latest CBO score on the GOP healthcare bill  

Win McNamee/Getty ImagesRep. Mark Meadows, the leader of the conservative House Freedom Caucus, reportedly got emotional talking about family members' struggles with preexisting conditions after reading the Congressional Budget Office's analysis of the Republican healthcare bill. According to Haley Byrd at the Independent Journal Review and Robert King at the Washington Examiner, reporters showed Meadows a section of the Congressional Budget Office's report on the American Health Care Act,

2017-05-25 10:41:17
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What the most successful 30-somethings do with their money  

Martin Hunter/Getty Images When you're in your 20s, you're getting your financial engine started. In your 30s, you're just hitting a financial sweet spot: You're likely bringing home more pay and you still have plenty of time to boost your earnings even more—both in your career and portfolio. Here's how the most successful 30-somethings kick it into high gear.1. They spend mindfully. This is the time to cut out classic money-wasters like bank fees, unused subscriptions or mindless...

2017-05-25 10:32:30
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Trump asks DOJ to investigate Manchester bombing leaks amid fury in UK  

Kevin Lamarque/ReutersPresident Donald Trump said Thursday that he's asking the Department of Justice to investigate alleged leaks from US officials of information about the recent terrorist attack in Manchester, England, as fury from the UK side escalates. "The alleged leaks coming out of government agencies are deeply troubling," Trump said in a statement, promising that his administration will "get to the bottom of this." Attorney General Jeff Sessions said in a statement that the leak

2017-05-25 10:12:45
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Craft brewers are calling for the boycott of these 14 'imposter' beer brands  

Wicked WeedCraft brewers are banding together to cut off beer brands acquired by Anheuser-Busch InBev, the largest brewer in the world. Brew Studs, a blog dedicated to craft beer, published a list of brands acquired in part or completely by AB InBev — including Goose Island, Blue Point, and Wicked Weed — and is calling on craft-beer fans to ditch them. "Welcome to the page that keeps you informed about impostor craft beer brands, those who try to benefit from the power of craft beer, even ...

2017-05-25 10:01:57
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Yahoo's Marissa Mayer is the 'least likable' CEO in tech, survey finds  

A startup called Owler, which is sort of like a cross between Glassdoor, Pitchbook, Alexa and your favorite news feed, has released a survey that names the 50 most liked CEOs of public US companies. Tech CEOs dominated the list, landing 22 of the of the 50 spots. Even so, tech CEOs really weren't all that well liked. Not a one landed in the top 10 on the list, and five of them landed on the second list of the study: the least liked CEOs, per its likability index, which ranks a CEO on a scale

2017-05-25 09:52:23
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Macron tells Trump not to make a 'rushed decision' on the Paris climate agreement  

Thomson ReutersBRUSSELS (Reuters) - French President Emmanuel Macron told his U.S. counterpart Donald Trump on Thursday not to take any hasty decision on a global climate change deal that the American president had criticized during his campaign. "I respect the fact he placed under review the Paris agreement," Macron told a joint news conference with European Commission President Jean-Claude Juncker. "My wish is that there should be no rushed decision from the United States of America," he sai

2017-05-25 09:48:08
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Fox News pushes back on speculation that Sean Hannity will be fired  

Mike Segar/ReutersFox News Channel lent support to its best-known anchor Sean Hannity, saying Thursday that the popular host would return to its air next week following a Memorial Day holiday vacation - an effort to tamp down speculation that a controversy currently enveloping Hannity could escalate further. "Like the rest of the country, Sean Hannity is taking a vacation for Memorial Day weekend and will be back on Tuesday," the 21st Century Fox-owned network said in a statement. "Thos...

2017-05-25 09:43:39
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Trump lectures NATO allies to their faces as they look on in awkward silence  

Reuters/Christine Hartmann President Donald Trump on Thursday lectured a group of leaders from member countries of the North Atlantic Treaty Organization over not contributing their "fair share" in defense spending. Standing beside Secretary-General Jens Stoltenberg at NATO headquarters in Brussels, Trump blasted the nearly two-dozen member countries that have not met their "financial obligations" to increase defense spending to 2% of GDP. "This is not fair to the people and taxpayers of the

2017-05-25 09:29:29
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Dining halls at Harvard and Stanford are using their kitchens as 'living laboratories' to change the eating habits of students  

AP Photo/Toby TalbotAn unlikely group of scientists, chefs, and academics is banding together to transform the eating habits of college students.Known as the Menus of Change University Research Collaborative, cofounded last year by Stanford University and the Culinary Institute of America, the alliance aims to ditch the unhealthy, unsustainable foods commonly served in dining halls in favor of tasty, more plant-based offerings."The global vision is about great tasting food that’s good for

2017-05-25 09:29:24
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Messaging app Kik is launching its own bitcoin-like digital money  

Thomson ReutersKik Interactive, which created the chat platform Kik, said on Thursday it was launching a crypto-currency or token called Kin that would enable customers to use a whole range of digital services. Kik is a free chat and messaging application founded in 2009 and built for teenagers, with about 300 million registered users. The Kin token will be created on the Ethereum blockchain, another online public ledger much like that of bitcoin, the original digital currency. A sale of the t

2017-05-25 09:25:15
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The Philippine military is trying to regain control of a city besieged by Islamist militants  

Thomson ReutersMARAWI, Philippines (Reuters) - Troops began clearing out a southern Philippine city besieged by Islamist militants, with hostilities easing on Thursday after thousands fled as the rebels seized large parts of the city and torched buildings in a battle with government forces. Hundreds of civilians, including children, were sheltering in a military camp in Marawi City, where militants linked to the Islamic State group had also taken Christians hostage and set free more than 100 pr

2017-05-25 09:23:04
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The 22 most liked CEOs in tech  

ChinaFotoPress via Getty ImagesWho are the most-liked CEOs? And how do the heads of tech companies stack up against their non-tech peers? A company called Owler set out to find out. So the company, which is sort of like a cross between Glassdoor, PitchBook, Alexa and your favorite news feed, surveyed its 1 million active users. As part of the survey, Owler users rated more than 167,000 CEOs from different industries and from around the world.  Unlike Glassdoor, which only allows employees

2017-05-25 09:08:40
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A group of 'bros' started an Instagram-run fitness craze that focuses on breathing and dessert  

Instagram/Crosby TailorThe newest way to work out apparently involves breathing deeply and learning to listen. The Wildfire Initiative is Los Angeles' hot new workout trend. It's a wellness group run by four guys ("a quadrumvirate of enthusiastic bros," according to New York Magazine) who teach people how to train their mind, body, and spirit through hiking, meditation, and heavy breathing. It's free to attend and takes place in Runyon Canyon. We spoke to its cofounder, the sin

2017-05-25 08:42:52
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Amazon shoppers can get our favorite Bluetooth speaker for under $50 right now  

The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. AmazonI've tried a lot of Bluetooth speakers, but one that I've come back to time and again is Anker's Soundcore Sport XL. It's durable, portable, and sounds good, making it a great choice to take outdoors during the summer.  Normally $60-$70, you can get the speaker for $49 through May 30 by using the offer code "INSIDER0" whe

2017-05-25 08:35:18
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The story of a Harvard PhD with a chronic illness will help you pinpoint how you should be spending your time every day  

Thomson ReutersTime — at least when it comes to an individual person's life — is a finite resource. Spend it on one thing and you won't be able to spend it another. On a micro level, this is pretty obvious: If you spend the entire morning answering emails, you definitely won't have that project report ready by noon. On a macro level, this logic is harder to internalize: You probably can't be a top-notch mom, manager, community board member, yogi, and musician. At least not all the time. (A...

2017-05-25 08:33:07
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BBVA puts its open APIs into the wild  

BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. Spanish bank BBVA has established itself as an early mover in adjusting to changes wrought by fintech innovation, including in its response to open banking. BBVA's API Market has for some time had three application programming interfaces (APIs) available for developers to experiment with in a sandbox environment. Now, the bank has announced that not only

2017-05-25 08:29:42
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22 GOP senators signed a letter urging Trump to pull out of the Paris agreement  

Alex Wong/Getty Images WASHINGTON (AP) — Senate Majority Leader Mitch McConnell and 21 other Republicans are urging the president to follow through on his campaign pledge to pull out of the Paris climate accord. The GOP senators sent a two-page letter Thursday to President Donald Trump. The letter says remaining in the international agreement to reduce carbon emissions could fuel legal challenges to the administration's plans to roll back environmental regulations. Most of the senators who ...

2017-05-25 08:14:22
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Visa's parking play (V)  

BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. IPS Group, a smart parking firm, announced a new parking app called Park Smarter that incorporates a number of Visa features. The app allows users to pay for parking remotely, select spots, and more. But unlike other similar apps, Park Smarter also includes additional offerings from Visa, which IPS believes could make it a leader in engagement. Park

2017-05-25 08:13:20
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A fidget spinner was confiscated in the kitchen of one of New York's top restaurants  

Courtesy of Robert YoungFidget spinners aren't only being banned from schools.  Eric Ripert, the executive chef and co-owner of legendary New York City restaurant Le Bernardin, posted on Twitter Tuesday that he had confiscated a fidget spinner in his restaurant's kitchen.  It's not clear who exactly was playing with the toy, but Ripert is sending a clear message to the rest of his kitchen staff that toys and fancy food don't mix. Tweet Embed:https://twitter.

2017-05-25 08:01:22
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Bitcoin is soaring — here's what the cryptocurrency is all about  

Andrew Burton/Getty Images Bitcoin is a currency just like the US dollar or Mexican peso. It's also back in the headlines after soaring in value. One bitcoin was worth $2,800 on May 25, up from $1,200 at the end of April. In countries that accept it, you can buy groceries and clothes just as you would with the local currency. Only bitcoin is entirely digital; no one is carrying actual bitcoins around in their pocket. Bitcoin is divorced from governments and central banks. It's organized throu

2017-05-25 07:53:03
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Facebook Live gets a social boost and a path to VR  

BI Intelligence This story was delivered to BI Intelligence "Digital Media Briefing" subscribers. To learn more and subscribe, please click here. Facebook Live has added features that make it a much more social platform, including the option to chat privately with friends while watching videos, and the ability for creators to invite others to broadcast alongside them. Live Chat With Friends is being tested on mobile in several countries and will roll out more broadly later this summer, while

2017-05-25 07:50:38
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'Words matter': Trump might face a harsh reception at NATO  

Thomson Reuters NATO leaders will press U.S. President Donald Trump on Thursday to publicly support the NATO military alliance that he called "obsolete" during his campaign, facing a potentially cooler welcome than in the Middle East. The Republican president, midway through his first foreign trip since taking office, enjoyed favorable receptions in Riyadh and Jerusalem, where leaders lauded his harsh words for Iran. Praise looks to be in shorter supply at the North Atlantic Treaty Organisati

2017-05-25 07:45:08
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THE DRONE DELIVERY REPORT: Opportunities and challenges in automating logistics with drones  

BI IntelligenceAmong the many ways that drones can transform business operations, few have received as much attention as delivering packages to consumers' homes. Drones could allow companies to bypass the many challenges involved with the "last mile" of delivery — the last leg of the journey when a package arrives at the customer's doorstep. This last mile is the most expensive and inefficient part of parcel delivery, and a wide range of companies are exploring how drones can speed u...

2017-05-25 07:39:46
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Women CEOs earn big pay, but rarely get the top jobs  

AP PhotoWomen CEOs earned big bucks last year, but there's still very few of them running the world's largest companies. The median pay for a female CEO was $13.1 million last year, up 9% from 2015, according to an analysis by executive data firm Equilar and The Associated Press. By comparison, male CEOs earned $11.4 million, also up 9%. But the number of women in CEO roles has barely budged. Just 6% of the top paid CEOs in the US last year were women, according to the analysis, a slight incre

2017-05-25 07:32:15
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Trump and Macron had an awkward, white-knuckled handshake — and the internet went nuts  

AP Photo/Evan VucciPresident Donald Trump met Emmanuel Macron, the newly inaugurated French president, for the first time on Thursday, ahead of a NATO summit in Belgium. After pictures and an amusing pool report surfaced, the internet had a field day scrutinizing their handshake. The pool report noted both presidents' "considerable intensity" and clenched jaws. Their knuckles apparently went white during the tight grip, according to observers, and Trump, who is known for his intense handshake

2017-05-25 07:29:50
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RadioShack's depressing Twitter account reveals how the company has hit a new low  

Mary HanburyRadioShack filed for bankruptcy for the second time in two years this March. The electronics retailer announced it would be closing hundreds of stores.  Over the past few months, t he company has offered massive reductions on products during its entire store closing down sales. Now, customers can even pick up store fixtures at a discounted price. Take a look at their tweets below: Tweet Embed:by your loc

2017-05-25 07:24:29
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The 23 hottest books of the summer, according to readers  

The Insider Picks  team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. I turn to Goodreads for reading recommendations whenever I'm looking for a new book. The website's recommendation engine analyzes 20 billion data points to give suggestions tailored to my literary tastes — and they're spot-on most of the time. To help guide your summer reading, Goodreads crunched the numbers to find...

2017-05-25 07:24:25
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8 deleted scenes that didn't make it into the live-action 'Beauty and the Beast'  

Disney Disney's live-action "Beauty and the Beast" will be coming to Blu-ray and DVD next month and it will be packed with a bunch of deleted scenes that were cut from the final film.  According to a press release from Disney, the movie will include eight deleted scenes in addition to an alternate version of one of the film's songs.  Most of the deleted scenes revolve around Gaston and LeFou — the two best characters in the new film — and include a few iconic moments from t...

2017-05-25 06:44:29
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'That shouldn't have happened': Paul Ryan says Montana candidate who 'body-slammed' reporter 'should apologize'  

Mark Wilson/Getty ImagesHouse Speaker Paul Ryan said Thursday that Greg Gianforte, the Republican candidate for Montana's open seat in the US House of Representatives, "should apologize" for allegedly assaulting reporter from The Guardian on Wednesday night. Ryan told reporters at a press conference that "physical altercations" of any kind "are wrong and that shouldn't have happened." He added that Gianforte "should apologize." Gianforte was charged with misdemeanor assault afte

2017-05-25 06:36:46
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When it comes to travel, one-percenters care most about bragging rights  

Shutterstock/Leonard Zhukovsky"Let me tell you about the very rich," said one F. Scott Fitzgerald. "They are different from you and me." F. Scott couldn't have been more spot on. The very rich are not only different from you and me (unless you happen to have a net worth of more than $50 million …and in that case, good on you), but, taking things a step further, they are very different from the pedestrian rich. Nowhere are those differences more apparent than in their travel habits. Accordi...

2017-05-25 06:33:35
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Amazon takes aim at Etsy (AMZN)  

BI Intelligence This story was delivered to BI Intelligence "E-Commerce Briefing" subscribers. To learn more and subscribe, please click here. Amazon plans to launch a new wedding gifts store within its Handmade at Amazon craft goods marketplace, taking direct aim at competitor Etsy, TechCrunch reports. The new wedding store will offer handcrafted gifts including jewelry, home goods, and accessories, as well as personalized wedding invitations and decor — goods that online shoppe...

2017-05-25 06:25:49
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The 10 best beaches in America, ranked  

The INSIDER Summary: Every year, Dr. Beach releases a ranking of the top 10 beaches in the US. He's been doing this since 1991. Every beach on the list is assessed according to 50 criteria, including sand and water quality, smell, safety, environmental management, and the local scene. Year after year, Dr. Beach, formally Dr. Stephen P. Leatherman, releases his renowned list of the best beaches in America. The list isn't willy nilly though. Leatherman is the director of the

2017-05-25 06:24:44
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Corporate America investing in itself is going to be what powers stocks higher  

AP/Aynsley FloydWhen it comes to boosting stock prices, few things are more important than the willingness of companies to invest in themselves. With that in mind, bullish investors will be pleased to know that corporate capital expenditure is picking up. Non-residential fixed investment — spending on things like machinery, factories, and commercial real estate — is up 3.1% on a year-over-year basis, according to Strategas Research Partners. And while much has been made about th...

2017-05-25 06:10:33
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Teachers reveal how education has changed dramatically over the past 20 years  

Getty Images / Robert BensonAcross the US, thousands of college graduates are taking the final steps in their education. A lot has happened since they were born in the mid-1990s, and perhaps no one has seen the effects of those changes on future generations than teachers. Business Insider spoke with a handful of elementary, middle, and high school teachers to get a sense of just how much the US education system has evolved over the past 20 years.Anita Perry — Title 1 teacher from Pepper...

2017-05-25 05:58:47
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Russian officials bragged about how well they knew Trump's advisers  

Drew Angerer/Getty ImagesAccording to several current and former American intelligence officials, US spies were able to capture discussions that revealed senior Russian intelligence and government officials sought to sway Donald Trump's opinion of Russia by way of his advisers, The New York Times reported on Wednesday. The intelligence collected last summer was considered by the authorities to be legitimate enough to be shared with the FBI, which is continuing its investigat

2017-05-25 05:51:31
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PTC doubles down on the IIoT  

BI Intelligence This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. Software company PTC released ThingWorx 8, the latest version of its industrial IoT (IIoT) software platform that lets manufacturers connect and monitor equipment with ease. ThingWorx 8 offers expanded remote inspection capabilities, including via augmented reality (AR), as well as deeper cloud support through integration for Amazon Web Services (AWS) IoT and M

2017-05-25 05:51:14
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'I think he lost his damn mind': CNN commentator blasts GOP candidate after 'body-slamming' incident  

CNNCNN political commentator Ana Navarro reacted with disbelief Wednesday evening after a reporter said he had been "body-slammed" by Montana Republican congressional candidate Greg Gianforte. "I think he lost his damn mind," Navarro said of Gianforte on CNN. "I think voters need to pay attention." "I've heard about closing a campaign with a bang, but this was crazy," she added. "And his statement post-facto was even crazier."  The altercation between Gianforte and Ben Jac

2017-05-25 05:38:24
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Even the administrator the NSW government picked to run Sydney's inner west councils is losing it over WestConnex  

The administrator of the merged Inner West Council has launched an unprecedented attack on WestConnex, accusing the controversial $17 billion project of running "inaccurate, confusing and misleading" consultation meetings with the local community. Administrator Richard Pearson, who was chosen by the NSW government to lead the area following former premier Mike Baird forced amalgamations last years, says the plans released by current premier Gladys Berejiklian just a fortnight ago for pub...

2017-05-25 05:35:29
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Jeff Sessions wants to revive the war on drugs, but that could actually lead to more violence  

AP Photo/Alex BrandonFor Attorney General Jeff Sessions, the only way to assure a safer America and reverse rising violent crime rates is to lock up as many drug offenders as possible. Earlier this month, he directed federal prosecutors to charge suspects with the most serious offense that can be proved, a return to mandatory minimum sentencing — a key policy of the war on drugs.   "We know that drugs and crime go hand-in-hand," Sessions said in a May 12 speech. "Drug tr...

2017-05-25 05:35:11
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The 'small business owners of the year' share their best advice for entrepreneurs  

Maui BrewingThis year's Small Business Assocation (SBA) Small Business People of the Year are Garrett and Melanie Marrero, the cofounders of Maui Brewing Company, Hawaii's largest craft beer brewery. This year, Maui Brewing Company is on track to bring in $18-22 million in revenue and ship 53,000 barrels of beer (the equivalent of 17.52 million 12-ounce cans). By the end of 2018, the Marreros plan on having three restaurants, a notably larger brewery, wider distribution, and a staff of 700

2017-05-25 05:32:30
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Why China may be headed for a massive bank bailout  

ReutersSHANGHAI/BEIJING (Reuters) - Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise.The one-notch downgrade in long-term local and foreign currency issuer ratings, to A1 from Aa3, comes as the Chinese government grapples with the challenges of rising financial risks stemming from years of credit-fueled stimul

2017-05-25 05:14:20
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Trump's meetings with NATO and the EU could be the toughest leg of his trip abroad  

REUTERS/Francois LenoirBrussels (AFP) - Donald Trump meets NATO and EU leaders for the first time Thursday with the US president set to press nervous allies to do more on terrorism after the Manchester bombing. Trump faced protests on his arrival in Brussels, but he is getting a red-carpet welcome from Western allies eager to persuade him that his earlier criticisms of them were misplaced. NATO, which Trump on the campaign trail dismissed as "obsolete" for focusing on Russia instead of terrori

2017-05-25 05:06:38
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A tech startup wants to help marketers target you with ads that match your interests just like they do on the web  

Simulmedia wants to help make TV ads more targeted like the web. The startup has to date purchased TV ads on behalf of advertisers using data like people's credit card shopping history. Now the firm, backed by backed by $58 million in funding, thinks the market is ready to license its software. When Simulmedia was founded in 2008, the idea of buying targeted TV advertising that goes beyond classic definitions like age and gender was in its infancy. But now that more advertisers

2017-05-25 05:01:03
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Pokémon Go is trolling cheaters by only showing them common monsters  

REUTERS/Mark Kauzlarich Pokemon Go developer Niantic has discovered an insidious new way to ruin a cheater's day: give them stuff they don't want. First spotted by the Pokemon Go subreddit The Silph Road, the changes rolled out last weekend. This new approach flags a cheater's account, "shadowbanning" them so that they can still play — they'll just only be able to see common Pokemon. Scanners show Pokemon Go players where rare monsters are, to save some t...

2017-05-25 04:47:07
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This famous director told George Lucas that 'Star Wars' 'didn't make any sense' when he first saw it  

John Laparski/GettyBrian De Palma has never been shy about giving his full, honest opinion. Especially to fellow filmmakers. The director of classics like "Scarface," "Carrie," and "The Untouchables" told Business Insider last year when he was doing press for the documentary on his career, "De Palma," that after seeing "Close Encounters of the Third Kind" before it premiered in 1977, he turned to his good friend Steven Spielberg, who directed the movie, and said, "I ...

2017-05-25 04:45:50
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Richard Sherman is reportedly inconsolable over the Seahawks' Super Bowl collapse 3 years ago, and it's caused a rift within the team  

Richard Sherman is still with the Seattle Seahawks during OTAs despite the flurry of trade rumors that surrounded him and the Seahawks this offseason. Both Seahawks GM John Schneider and head coach Pete Carroll at various points in the offseason admitted the team was listening to trade offers for the 29-year-old cornerback, but ultimately, no deal went through. On the surface, it seems bizarre for the Seahawks to even consider trading an All-Pro corner like Sherman, who for years has been the

2017-05-25 04:43:50
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Mark Zuckerberg has returned to Harvard — Here's how to watch his commencement address  

Facebook 12 years after he famously dropped out of Harvard to run Facebook, Mark Zuckerberg finally returned on Thursday to receive his degree. Zuckerberg will give the commencement address for his alma mater's class of 2017, making the 33-year-old CEO the youngest commencement speaker in Harvard's history. You can watch Zuckerberg's speech live at 3 pm EST on his Facebook page, where it should also be available to view afterwards. The speech will also be streamed on Harvard's website.

2017-05-25 04:37:23
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Carson Wentz is one of the first NFL players wearing a revolutionary new helmet designed to reduce concussions  

While the controversy over concussions in the NFL rages on, Philadelphia Eagles quarterback Carson Wentz is one of the first players using a new helmet that is like nothing seen in the NFL before. On Wednesday, the NFL posted a photo of Wentz from training camp and the first thing that sticks out is the new oversized helmet he is wearing. That is the new Vicis Zero1, a helmet that has yet to appear in a game but is already considered the safest helmet in the NFL. Instagram Embed:http://instagr

2017-05-25 04:35:04
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Another senior executive is set to leave Deutsche Bank (DB)  

REUTERS/Kai PfaffenbachJohn Gallo, Deutsche Bank's US fixed income sales chief, is set to leave the bank after just 20 months in the role, according to people with knowledge of the situation. Gallo, a former senior Lehman Brothers executive, joined Deutsche Bank in September 2015 as head of the institutional client group debt Americas. He replaced Lou Jaffe, who left after a 20-year career. His departure would mark the latest senior-level change in fixed-income sales at Deutsche

2017-05-25 04:32:58
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8 reasons Google's Pixel is better than the iPhone  

Antonio Villas-Boas/Business InsiderI've been switching back and forth between my iPhone 6S Plus and our Google Pixel review unit, and I keep wishing I had the Pixel. You should note that everything here is subjective. The iPhone has great features that the Pixel doesn't have, and the Apple ecosystem is in a league of its own. But damn, the Pixel is good. You should also note that I'm comparing the Pixel XL experience with my iPhone 6S and not the iPhone 7 series. That's because I have more e

2017-05-25 04:28:31
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France's Macron calls for more European security cooperation and intelligence-sharing after Manchester attacks  

Thomson ReutersBRUSSELS (Reuters) - French President Emmanuel Macron pressed Europeans to strengthen security cooperation and intelligence-sharing after a deadly attack in Manchester as he arrived in Brussels for a meeting of the NATO military alliance on Thursday. The 39-year-old president, a newcomer to international diplomacy, will meet many of his counterparts for the first time over the next few days at the NATO meeting in the Belgian capital followed by a G7 summit in Sicily. Welcomed by

2017-05-25 04:21:51
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THE US SMART HOME MARKET REPORT: Systems, apps, and devices leading to home automation  

BI Intelligence The US smart home market has still yet to meet the expectations many observers had in the early part of this decade. The same issues BI Intelligence first identified back in 2015 still plague the space — persistently high prices, technological fragmentation, and consumers' lack of a perceived benefit from the devices. But the newfound popularity of smart home voice control has revolutionized smart home ecosystems across the country, and convinces more consumers to ...

2017-05-25 03:57:17
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Lyft launches a new way to roll up to the party like a rock star  

Getty Images EntertainmentUber started with a black car service to move "ballers" around town.  Lyft, its friendlier pink-mustached foe, didn't have the same objective of being a cab company for the rich. Yet in the last few years, Lyft has expanded its ride options from just a ride in a back of a Prius to higher-end "Premier" cars. Its push into luxury isn't over yet. On Thursday, the company is unveiling its latest fancy way to take a ride: Lyft Lux.  The new option is a blac

2017-05-25 03:50:36
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24 health 'facts' that are actually wrong  

Jason Merritt / GettyThere's something about health and nutrition folk wisdom that's resistant to truth. Common health "facts" include the ideas that MSG will make you sick, that a juice detox is just what you need after a week of indulgence, and that sports drinks like Gatorade are totally fine since you need the electrolytes. None of these things are true. They, like many other folk sayings and tips, fall into the category of health myths that are totally — or at least mostly —...

2017-05-25 03:48:28
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Troubled electric car startup Faraday Future is trying to raise $1 billion  

AP Photo/Jae C. HongElectric car startup Faraday Future is trying to raise $1 billion as cash runs thin, Bloomberg's Giles Turner first reported. Faraday Future, once described as a potential "Tesla killer," has run into financial troubles due to its connection with Chinese billionaire Jia Yueting. Yueting, the founder of Chinese electronics company LeEco, revealed the company was suffering from a severe cash shortage last November after over expanding into everything from elect

2017-05-25 03:45:08
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Amazon is on the verge of hitting $1,000 a share for the first time (AMZN)  

Michael Seto/Business InsiderAmazon's stock is a hair away from the $1,000 mark. The company's shares went public on May 15, 1997, at a time when it had no clear path to profitability and bookstores like Barnes & Noble — over a century older — threatened its business. Amazon has now turned a profit for eight straight quarters largely because of the strength of its cloud-computing business, Amazon Web Services. Its more popular, less profitable retail segment...

2017-05-25 03:38:33
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An Ex-Marine staff sergeant pleads guilty to stealing $100,000 in gear from presidential helicopter squadron  

AP Photo/Susan Walsh A former Marine staff sergeant has pleaded guilty to stealing nearly $100,000 worth of gear and equipment from Marine Helicopter Squadron One, the Quantico, Virginia-based unit that transports the president and other executives. Branden Roy Baker, 34, of Stafford, Virginia, pleaded Tuesday to stealing the items while assigned there as a presidential support specialist between September 2013 and April 2015. According to the plea agreement, Baker admitted to stealing night

2017-05-25 03:35:21
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Airbnb reveals the top 10 most up-and-coming vacation destinations  

Shutterstock.com / Mr. BubsyIt's almost summer, and for many, that means it's time to hit the beach.  Airbnb recently took a look at the destinations that have seen the greatest increase in bookings since around this time last year, and unsurprisingly, many of them are on the coast.  Seaside towns in Italy, France, and Spain ranked near the top.  Here are some of the top-trending destinations on Airbnb, all of which have seen more than double the bookings on the rental platform

2017-05-25 03:35:20
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Nepal says 4 bodies found in tents high on Mount Everest weren't from this year's climbing season  

Thomson ReutersKATHMANDU (Reuters) - Nepal said on Thursday that four bodies found in tents at the highest camp on Mount Everest were not of mountaineers from this year's climbing season. Nepali sherpas said they had seen the bodies in two tents on the South Col, at 8,000 meters (26,246 feet), and a newspaper quoted the sherpas as saying that two were foreigners. But two days after the discovery, Nepal's tourism department said it had checked with all the expeditions on the world's highest mou

2017-05-25 03:33:09
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'I'm sick and tired of you guys!': Audio records GOP House candidate from Montana yelling at reporter as he 'body slams' him  

Justin Sullivan/Getty ImagesOn the eve of a competitive special election for an open House of Representatives seat in Montana, the Republican candidate, Greg Gianforte, was charged with assaulting a reporter at a campaign event on Wednesday. Ben Jacobs, a reporter for The Guardian, said he approached Gianforte at the rally to ask him for his thoughts on the newly released Congressional Budget Office report on the GOP's health care bill. Jacobs had his recorder on when he asked the question and

2017-05-25 03:33:04
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Facebook has made 2 big hires as it ramps up its fight against Google and TV (FB)  

FacebookFacebook is beefing up its sales leadership team as it continues to battle for marketers' ad budgets against Google and the TV industry. The social networking giant has tapped digital veteran Nada Stirratt as its new vice president of  global marketing solutions for the US and Canada. In addition, Ty Ahmad-Taylor has been named vice president of product marketing.  Both execs are former CEOs. Stirratt recent ran the mobile ad company Verve, where she oversaw several acquisiti

2017-05-25 03:20:08
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Here's what a woman who left her $500,000-a-year job to start her own business wishes she'd known at the time  

Courtesy of Susie MooreWhen Susie Moore left a sales job where she was earning $500,000 a year at age 30 in order to start her own business as a life and career coach in 2013, she was feeling good. "In the beginning I was certainly very optimistic and enthusiastic," she said in a Facebook Live interview with Business Insider. She had built up her company on the side to the point where she was earning up to $4,000 a month and she was ready to go full-time. But looking back,

2017-05-25 03:07:58
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Everyone is missing a critical point about Sears' first quarter profit (SHLD)  

Thomson ReutersSears Holdings Corp reported its first quarterly profit in nearly two years, sending shares soaring by as much as 20% Thursday morning. But traders appear to be overlooking one key point: the profit was the result of the sale of Sears' Craftsman brand, and the retailers' core business is showing no signs of rebounding. Sears Chief Financial Officer Robert Rieckert directly attributed the company's net income, which totaled $244 million for the quarter, to the&nbs

2017-05-25 02:58:37
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Bitcoin blew past its record and soared to $2,800 in just a few hours — and now it's plunging  

Investing.comThe bitcoin rally looks like it's finally running out of steam. The cryptocurrency blew past $2,500 and nearly touched $2,800 for the first time on Thursday, before giving all the gains back.  It hit a high of $2,799, up $360, before surrendering its gains. The cryptocurrency is now trading down 9.2% at $2,230 a coin. It has gained in 26 of the past 29 sessions, tacking on more than 107% over that time. Bitcoin had climbed as much as 25% since Tuesday

2017-05-25 02:58:36
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IGNITION: Reserve your seat by May 29 and save $1,000  

IGNITION Join the ranks of Jeff Bezos, Sheryl Sandberg, and Mark Cuban Business Insider's IGNITION conference has hosted the most influential leaders in business and tech, and the program for the 2017 Future of Media event will not disappoint. As we prepare to announce the pioneers who will take the stage at IGNITION on November 29-30 in New York, we want to give you an opportunity to reserve your seat early at a deep discount. The unique event format offers attendees a candid view into ho...

2017-05-25 02:54:10
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3 of Montana's biggest newspapers pulled their endorsements of Greg Gianforte after he was charged with assault  

Justin Sullivan/Getty ImagesThree of Montana's biggest newspapers backed away from Greg Gianforte, the state's Republican candidate for the House of Representatives, after he was accused of body-slamming a reporter on Wednesday. Missoulian, the Billings Gazette, and the Independent Record each rescinded their endorsements of Gianforte hours after news and audio of Gianforte's violent encounter with The Guardian reporter, Ben Jacobs, went viral. The editorial board at the Billings Gazette sai

2017-05-25 02:49:52
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1 

China says a US warship entered its waters 'without permission'  

Kryzentia Weiermann/Courtesy U.S. Navy/Handout via REUTERSBeijing (AFP) - The Chinese government charged on Thursday that a US warship had entered its waters in the South China Sea "without permission", prompting Beijing's navy to warn the vessel to leave. The USS Dewey sailed less than 12 nautical miles from Mischief Reef -- part of the Spratly Islands -- on Thursday morning local time, a US official said earlier, the first freedom of navigation operation under President Donald Trump. "The re

2017-05-25 02:44:43
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HBO renews 'Silicon Valley" and 'Veep' for new seasons  

HBOHBO has renewed its hit comedies "Veep" and "Silicon Valley" for additional seasons. Both will return in 2018, the pay network announced on Thursday. Tweet Embed:renews @SiliconHBO & @VeepHBO for 2018: The new orders mean that "Veep," which stars Julia Louis-Dreyfus, will be back for a seventh season. The current sixth season has found Louis-Dreyfus' Selina debating whether she'll throw her hat into the ne

2017-05-25 02:41:10
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Morgan Stanley's latest prediction about the future of self-driving cars should terrify automakers (TSLA)  

Red Dot Design Awards for Design ConceptsA team of analysts from Morgan Stanley on Thursday published an updated list of the bank's "Shared Autonomous 30" — a group of companies that the team thinks will influence a big transition from a world in which vehicles are sold to a world in which more emphasis is placed in how much vehicles are driven. "The 100-year-old auto industry business model is facing unprecedented technological disruption, starting with the very definition of the market itse...

2017-05-25 02:40:57
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Playboy model sentenced to 30 days of graffiti removal for posting a photo of an unsuspecting nude woman  

REUTERS/Kevork Djansezian LOS ANGELES — Dani Mathers, the 2015 Playboy Playmate of the year, pleaded no contest on Wednesday to a criminal charge of invasion of privacy for secretly photographing a 70-year-old nude woman and was sentenced to 30 days of graffiti-removal work, prosecutors said. Mathers last July posted to social media a picture of the woman in the shower area of a Los Angeles fitness center, city officials said. At her sentencing, the judge also placed Mathers on probation fo...

2017-05-25 02:34:26
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A Swiss watchmaker just created a $26,900 timepiece that looks exactly like an Apple Watch  

H. Moser & CieThe Apple Watch may not have been the sales bonanza that Apple hoped it would be, but that doesn't mean it hasn't made a statement. And now Swiss watchmaker H. Moser & Cie is making a statement of its own: a completely mechanical watch with a very familiar rectangular shape.  The watch, known as the Swiss Alps Zzzz and Brrr, sports a "contemporary design," according to the watchmaker, that is reminiscent of the design used for the Apple Watch. It might be easy

2017-05-25 02:13:43
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0 

Republicans are stuck in a high-school mindset  

REUTERS/Francois LenoirRepublicans used to claim to favor the rule of law. Yet what happened when a Republican candidate for Congress in Montana was accused of body-slamming a reporter and cited for misdemeanor assault? The conservative commentator Laura Ingraham wanted to know why he went crying to the police. "Did anyone get his lunch money stolen today and then run to tell the recess monitor?" she tweeted. Of course, this is what the police are for: They investigate crimes and enforce law

2017-05-25 02:02:55
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0 

Oil is getting whacked even after OPEC agrees to extend production cuts  

Thomson ReutersCrude oil tumbled on Thursday even after OPEC and its allies extended their agreement to lower production by nine months. The Organization of Petroleum Exporting Countries — a cartel of major oil producers — extended the deal that started in January to address the global supply glut that has subdued prices. Non-OPEC producers including Russia also agreed to cut production through March, said Bijan Namdar Zanganeh, Iran's minister of petroleum, accor...

2017-05-25 01:53:15
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AUSTRALIAN STOCKS LIFT: Here's what you need to know  

Australian stocks closed higher for the second session in a row. Today's scoreboard: ASX 200: 5,789.60 +20.62 +0.36% All Ordinaries: 5,828.80 +17.25 +0.30% AUD/USD: 0.7507 +0.0001 +0.01% The local market ticked higher into the close, following Wall Street where the S&P500 was 0.3% higher overnight. Among the miners, BHP was up 1.1% to $24.50 and Rio Tinto 1.3% to $64.77. The banks were mixed, with the ANZ up 1.2% to $28.62 and the NAB down 0.4% to $29.86....

2017-05-25 01:44:35
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