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Symantec tumbles on disclosure of whistleblower probe

At least nine analysts downgraded the stock. Symantec disclosed the whistleblower probe late on Thursday, saying it might miss a deadline for filing its annual 10-K report, may need to restate some financial results and might revise guidance. Symantec Vice President Cynthia Hiponia told analysts on a call on Thursday that the probe began “in connection with concerns raised by a former employee.” She did not say whether that person had approached Symantec or raised the issue with securities regulators. …read more […]

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The “Blue Zones” of Wealth and Happiness

Two months ago, a friend invited me to a weekend social event at his ranch near Austin, Texas.

There I met a journalist who had spent years researching the health, diet and lifestyles of the world’s longest-lived people.

“Wait a minute,” I interjected. “Are you that Blue Zones guy?”

He was.

I was talking to Dan Buettner, the National Geographic fellow and best-selling author of several books, including The Blue Zones Solution: Eating and Living Like the World’s Healthiest People.

The conversation later turned to the financial markets and the search for practical investment solutions.

After a few minutes, Dan said, “Hold on. Are you that …read more […]

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Oil near multi-year highs as Iran sanctions tighten supply outlook

Oil prices steadied near 3-1/2 year highs on Friday as the prospect of new U.S. sanctions on Iran tightened the outlook for Middle East supply at a time when global crude production is only just keeping pace with rising demand. The United States plans to reintroduce sanctions against Iran, which pumps about 4 percent of the world’s oil, after abandoning a deal reached in late 2015 that limited Tehran’s nuclear ambitions in exchange for the removal of U.S. and European sanctions. The global oil market is finely balanced, with top exporter Saudi Arabia and No.1 producer Russia having …read more […]

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5 Top Stock Trades for Friday Morning

The stock market continues to churn higher, with the S&P 500 and Nasdaq finally giving bulls a rally they can savor for more than one or two trading sessions. With that in mind, traders who caught some of that upside may want to think about reducing their risk. Here are the top stock trades we’re watching for Friday.Top Stock Trades for Tomorrow #1: Bank of America (BAC) …read more […]

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Elon Musk posted video of his Boring Company tunnels under LA, and said people can use them 'in a few months' for free

Elon Musk posted a video from inside his prototype Boring Company tunnel under LA. Elon Musk posted footage of a prototype vehicle tunnel bored underneath Los Angeles, and said it will be available for ordinary people to use in a matter of months. Musk uploaded a brief clip to his Instagram profile on Thursday night showing a chunk of the tunnel. …read more […]

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AP sources: WH aide dismissed McCain view, says ‘he’s dying’

A White House official dismissed a view expressed by Sen. John McCain about President Donald Trump’s CIA nominee, saying Thursday at a staff meeting that “it doesn’t matter” because “he’s dying anyway,” two people in the room told The Associated Press. Kelly Sadler was discussing McCain’s opposition to Trump’s pick for CIA director, Gina Haspel, when she made the comment, according to the two people, who described feeling shocked and stunned by the remark. The White House did not dispute the remark. …read more […]