Sports betting Penn reports fourth quarter profits

Sports betting Penn reports fourth quarter profits

In this photo illustration, the Penn Entertainment logo is displayed on a smartphone’s mobile screen. Rafael Henrique | SOPA Images | Rocket | Getty Images Penn entertainment on Thursday became the first US gambling company to make a profit in its sports betting during the last three months of a year. It’s usually harder to … Read more

Watch out for tech stocks – these cash-rich names are a better bet: Analysts

Watch out for tech stocks – these cash-rich names are a better bet: Analysts

Forget about growth stocks like technology. Analysts recommend that investors choose companies with a lot of cash. The market rallied in January, including the tech-heavy Nasdaq Composite, which rose nearly 10.7% last month for its best monthly performance since July. But analysts say companies with pricing power are a safer bet than technology, given that … Read more

Biden’s IRA has left Europe blind. And overtaking can lead to 2 big mistakes

Biden’s IRA has left Europe blind.  And overtaking can lead to 2 big mistakes

US President Joe Biden and European Commission President Ursula von der Leyen. Bloomberg | Bloomberg | Getty Images The European Union is working against the clock to build a program to rival President Joe Biden’s unprecedented climate subsidies. But it will run into two major problems in the process. The EU has long been asking … Read more

US military personnel will have expanded access to military bases in the Philippines

US military personnel will have expanded access to military bases in the Philippines

CNN — The US military will gain access to four more bases in the Philippines under an agreement announced when US Secretary of Defense Lloyd Austin visited Manila on Thursday. In addition, the two allies said projects at five bases already covered by the 2014 Enhanced Defense Cooperation Agreement (EDCA) were nearing completion. “The EDCA … Read more

Complications in pregnancy linked to higher risk of heart disease, study finds

Complications in pregnancy linked to higher risk of heart disease, study finds

CNN — Five major pregnancy complications are strong lifelong risk factors for ischemic heart disease, a new study finds, with the highest risk occurring in the decade after giving birth. Ischemic heart disease refers to heart problems, including heart attack, caused by narrowed or dysfunctional blood vessels that reduce blood and oxygen supply to the … Read more

Nasdaq 100 futures up, driven by Meta stocks

Nasdaq 100 futures up, driven by Meta stocks

S&P 500 futures advanced Wednesday evening as investors looked beyond the latest rate hike and Federal Reserve commentary. Futures linked to the broad index added 0.4%. Nasdaq 100 futures gained 1% helped by Meta stocks. Futures linked to the Dow Jones Industrial Average fell 9 points, almost flat. Meta rose more than 19% in extended … Read more

Why the West Keeps Ukraine Waiting for Warplanes – POLITICO

Why the West Keeps Ukraine Waiting for Warplanes – POLITICO

Press play to listen to this article Voiced by artificial intelligence. The West isn’t really saying “never” about fighter jets for Ukraine – it wants to focus first on getting Kiev weapons for an imminent offensive. That is the feeling that arises after US President Joe Biden’s blunt ‘no’ – echoed to varying degrees by … Read more

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong Kong is criminalizing CBD as a ‘dangerous drug’ alongside heroin

Hong-Kong CNN — Two years ago, cannabidiol was booming in Hong Kong. The compound, known as CBD, popped up in cafes, restaurants and shops, with companies eager to enter an exciting new market that was already well established in countries around the world. That came to an end on Wednesday, when CBD was criminalized in … Read more

Vladimir Putin is not crazy, but ‘radically rational’ says former French president – ​​POLITICO

Vladimir Putin is not crazy, but ‘radically rational’ says former French president – ​​POLITICO

Press play to listen to this article Voiced by artificial intelligence. PARIS — Vladimir Putin is a “radically rational” leader who is betting Western countries will get tired of supporting Ukraine and agree to a negotiated end to the conflict that will benefit Russia, former French president François Hollande told POLITICO. Hollande, who served from … Read more

Equity futures are ticking lower as traders await the Federal Reserve’s final decision on rate hikes

Equity futures are ticking lower as traders await the Federal Reserve’s final decision on rate hikes

Traders on the floor of the NYSE Source: NYSE Stock futures fell Tuesday evening as investors looked ahead to the Federal Reserve’s Wednesday meeting. Futures linked to the Dow Jones Industrial Average lost 48 points, or 0.14%. S&P 500 futures and Nasdaq Composite futures fell 0.20% and 0.37% respectively. The moves come after shares surged … Read more