Jeff Bezos just posted a picture on Instagram showing a Frankenstein's monster-like combination of a Roomba and an Amazon Echo

Instagram


Jeff Bezos' children were so preoccupied with whether or not they could build an Echo-Roomba hybrid, they didn't stop to think if they should. 

In a  showing an Amazon Echo Plus haphazardly taped to an iRobot Roomba, Bezos, the CEO of Amazon, showed off the creation his kids had made, adding "I have no idea. #LifeWithFourKids."

Ingenuity aside, while this Echo model wouldn't normally work without being plugged into the wall, but an eagle-eyed reader pointed out that the device appears t
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4 Ways AT&T Disappointed Investors
2018-08-01 07:14 • Yahoo! Market News
4 Ways AT&T Disappointed Investors

Shares of AT&T (NYSE: T) recently dropped after the telecom giant posted a mixed second quarter report. Its revenue, which included 16 days of Time Warner (WarnerMedia) revenues, fell 2% annually to $39 billion, missing the consensus estimate by $300 million. That also marked its seventh straight quarter of year-over-year revenue declines.

AT&T's adjusted earnings grew 15% to $0.91 per share, topping estimates by six cents. However, that earnings growth was inflated by tax reform savings and a two cent boost from WarnerMedia's earnings.


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Berkshire Loans $2 Billion to Real Estate Firm Backed by Buffett

Warren Buffett bet his own money more than two years ago on the real estate empire that was spun out of Sears Holdings Corp. Now, his Berkshire Hathaway Inc. is helping finance the business.

Berkshire agreed to provide a $2 billion loan to Seritage Growth Properties, the real estate investment trust owns Sears stores, as well as properties the department-store chain has vacated. Seritage is using a portion of the money to refinance debt, while adding to capital. Buffett bought 2 million shares in December 2015 that are valued at about $85 million.

“I think he’s expressing confid
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AbbVie's Stock Is Incredibly Cheap
2018-08-01 07:14 • Yahoo! Market News
AbbVie's Stock Is Incredibly Cheap

At around 10 times forward-looking earnings, AbbVie (NYSE: ABBV) sports one of the cheapest valuations among either big pharma or stocks right now. In fact, Celgene Corporation and Teva Pharmaceutical Industries Ltd. are the only large-cap drug manufacturers trading at lower multiples than AbbVie. What's behind this rock-bottom valuation?

Wall Street is dismayed by the company's inability to diversify its revenue stream ahead of Humira's date with the patent cliff. Humira is set to face biosimilar competit
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Trump Says Printed Guns Don't Make Much Sense; He Spoke to NRA
2018-08-01 07:14 • Yahoo! Market News
Trump Says Printed Guns Don't Make Much Sense; He Spoke to NRA

President Donald Trump weighed in on the controversy surrounding 3-D printed guns, which would allow people to make weapons outside of the normal channels of gun stores and regulations, saying they don’t "make much sense."

Trump said he’s spoken with the National Rifle Association about the so-called ghost guns, although the gun lobby hasn’t directly weighed in on the issue.

A coalition of states controlled by Democrats is a settlement reached by the Trump administration with Texas non-profit Defense Distributed to disseminate its manual allowing people to manufacture their own
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3 Top Dividend Stocks to Buy Right Now
2018-08-01 07:14 • Yahoo! Market News
3 Top Dividend Stocks to Buy Right Now

Stocks that pay dividends have historically outperformed those that do not. This shouldn't come as a big surprise, because companies that regularly deliver strong profits and cash flow are in better position to return income to shareholders. However, what can be surprising is the incredible effect that owning sturdy companies, setting their dividend payouts to reinvest, and harnessing the power of compounding tends to have on a portfolio's long-term performance.

To help readers find dividend stocks that have the potential to deliver market-beating returns, we asked three Mot
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White House Not Actively Weighing Capital Gains Tax Change, Source Says

The White House isn’t actively considering the Treasury Department’s push to issue a rule that would slash tax bills for investors who have investment income, according to a person familiar with the discussions.

Treasury Secretary Steven Mnuchin told the New York Times earlier this month that his agency was looking at whether it could sidestep Congress to allow capital gains to be indexed to inflation. The change has appeal to some segments of President Donald Trump’s base, but White House officials are aware it would face an immediate legal challenge and has a narrow chance of being
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Jamie Dimon says he's hoping Trump's trade methods work but fears negative outcomes


When asked what the biggest threats to the economy were, Dimon named the escalating trade dispute between the U.S. and China -- "if the skirmish becomes more of a war" -- and the unwinding of central banks' quantitative easing efforts. The administration is looking at imposing another round of tariffs on $200 billion in Chinese goods. Dimon also said that he told the administration that he and other business leaders disagreed on the tactics, but that President Donald Trump "obviously doesn't agree with us."
" >J.P. Morgan chief executive officer Jamie Dimon said that he fe
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Jeff Bezos' parents invested $245,573 in Amazon in 1995 — now they could be worth $30 billion (AMZN)

Stephen Lovekin/Getty Images for Save the Children

 

Jeff Bezos isn't the only astronomically wealthy member of the Bezos family.

In 1995, Bezos was trying to get Amazon off the ground and turned to his mother and stepfather, Jackie and Mike Bezos, for an investment. They complied, investing $245,573 in the company,

At the time, Jeff Bezos warned them there was

Now, as Amazon closes in on becoming the first $1 trillion company, Bezos' parents have become two of the richest people in the world.

According to Bloomberg's calcula
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An alarming percentage of divorcees say student loans ended their marriage

fizkes/Shutterstock


Financial problems have long been a but there's a new money factor wrecking marriages that arguably wasn't as prevalent a generation ago:

According to a new report by , 13% of divorced borrowers blamed their student loan debt for the dissolution of their marriage.

This may come as no surprise in an age where student loan debt is — more than 44 million Americans are saddled with student loan debt, contributing to a whopping national total of $1.5 trillion. Not only has the percentage of students taking out student loan
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Better Buy: Biogen Inc. vs. Gilead Sciences, Inc.
2018-08-01 07:13 • Yahoo! Market News
Better Buy: Biogen Inc. vs. Gilead Sciences, Inc.

Two of the biggest biotechs on the market are undergoing big changes right now. Biogen Inc. (NASDAQ: BIIB) has expanded beyond multiple sclerosis (MS) into other key neurological indications. Gilead Sciences, Inc. (NASDAQ: GILD) is now a leader in treating cancer through cell therapy after years of focusing first on HIV, and then on hepatitis C. 

Biogen has turned in a better stock performance in recent years, although the two biotech stocks are neck and neck so far in 2018. Which is the better pick for investors now? Here&
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McDonald’s MacCoin: 10 Things to Know About the Big Mac 50th Anniversary Promotion

The McDonald’s MacCoin is part of a new promotional event being held by the fast food company to celebrate the Big Mac’s 50th anniversary.

Source:

Here are a few things to know about the promotional event.

The following are the different types of McDonald’s MacCoin that customers will be able to collect during this special promotional event from the fast food chain.

You can to learn more about McDonald’s MacCoin.

More From InvestorPlace

As of this writing, William White did not hold a position in any of the aforementioned securities.

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How this 32-year-old 'Shark Tank' reject got her lipsticks on the shelves at Target

When Melissa Butler, 32, took her line of custom-made, vegan lipsticks — in bright colors from pink and red to green and purple — on ABC's "Shark Tank" in 2015 , she was laughed out of the room.

Fellow shark Daymond John added, "You are never going to create anything new in this world. It's lipstick."

Sharks Lori Greiner, Mark Cuban and Robert Herjavec took a more subtle approach, but also declined to invest in Butler's cosmetics company, called The Lip Bar.

Butler was devastated.

But the experience only further ignited her ambition to succeed, Butle
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 These 10 companies have recently raised their dividends by at least 10%

The pace of dire warnings in the stock market seems to have picked up lately.

They’ve been stoked by the recent declines in share prices for large tech companies. If you are either looking to make some safer choices or to draw income from your stock investments, the following screen might be a good place to start.

One cannot know when the bull market for stocks that began in March 2009 might end, but the high-profile and high-flying technology sector is certainly under pressure this earnings season. Two of the biggest drags on the sector have been disappointing subscriber gro
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Very informative
05-03 04:23 by Liam
The same day Trump spoke with Reynolds
01-29 04:43 by Yavor737347
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