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News Preston Waters

Stocks Off to Stellar Start in May

Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at […]

News Preston Waters

Bank Of America, JPMorgan: Dow Midday Movers

U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay […]

News Preston Waters

Monster Stocks Soar Amid Rumors Coca-Cola Is Set To Buy Energy Drink

Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined […]

News Preston Waters

Stocks Surge After Strong Manufacturing Report

Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking […]

News Preston Waters

Bank Of America Keeps Shrinking

Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of […]

News Preston Waters

Stock Market Story: May 1

The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a […]

Also On Elite

World

Nurse With Ebola Flew On A Plane One Day Before Diagnosis, Risking 132 Passengers

Earlier today, news broke of a second Ebola case diagnosed in Texas. Unfortunately, that means worry for the 132 passengers with whom she traveled on Monday. The woman, a nurse, began feeling feverish and visited the doctor yesterday. Earlier in the week, there were no symptoms of her incubating the virus. So, she boarded a […]

Politics

Calm Down People: Why The Wendy Davis Ad Isn’t Actually A Big Deal

Last Friday, Wendy Davis, the Texas Democratic Party’s gubernatorial candidate, released an ad attacking opponent Greg Abbott. Political pundits on all sides have since dubbed it the “wheelchair ad” and eviscerated it (and the Davis campaign) six ways from Sunday. What’s all the fuss about? The ad, which specifically targets Abbott’s history of defending hospitals […]

Envision

An Artist Used A Brain Scanner To Show How People Wished They Looked (Photos)

What if you could look exactly how you wanted yourself to look? Despite the fact that we should all be happy with who we’ve become, it’s still completely normal to prefer yourself a certain way. Scott Chasserot, a skilled photographer, conducted a visual project allowing people to see what they’d look like if they possessed […]

Envision

Money Is Way Cooler When Historic Figures Are Turned Into Famous People (Photos)

By now, you probably know that yes, it is illegal to “mutilate” or “deface” the United States currency in any way. However, this art is an exception; because it’s awesome. Artist James Charles used various bills as his canvases for illustrations of well-known people. Charles even featured Willy Wonka and Hugh Hefner in these money-fueled works of […]