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Thursday, August 7, 2014

White House won't commit on stopping potential 'genocide' in Iraq, but weighing options

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White House won't commit on stopping potential 'genocide' in Iraq, but weighing options
White House won't commit on stopping potential 'genocide' in Iraq, but weighing options

The White House stopped short Thursday of committing America's military to stopping a potential "genocide" in Iraq, declining to say whether doing so ...

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Teacher Shows Up Drunk on First Day���Without Pants (Newser Happy Hour 6-pack)

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The day's six most popular stories, in time to unwind.


Teacher Shows Up Drunk on First Day—Without Pants

Teacher Shows Up Drunk on First Day—Without Pants

(Newser) - As far as back-to-school outfits go, Lorie Ann Hill's was an ill-advised one. Oklahoma police say the Wagoner Public Schools teacher allegedly showed up to the job on Monday drunk—and then removed her pants. Police fielded a 9am call from school officials who had found Hill "in... More  »

 
Married Cops Busted in Shooting of Daughter's Beau

Married Cops Busted in Shooting of Daughter's Beau

(Newser) - Married police officers in Tulsa, Okla., are in jail after the husband allegedly shot and killed their daughter's boyfriend. Shannon Kepler turned himself in not long after the shooting and was arrested on charges of first-degree murder and shooting with intent to kill, while his wife, Gina Kepler, was... More  »

 
Note From Lincoln Found in Racist Book

Note From Lincoln Found in Racist Book

(Newser) - Abraham Lincoln perused a book of racist "science" before he was president and his note inside is proof, a museum says. The Abraham Lincoln Presidential Library confirms—by way of Lincoln's unusual style of writing the letters E and N—that one of the most popular Americans wrote... More  »

 
Marianne Faithfull: My Boyfriend Killed Doors' Jim Morrison

Marianne Faithfull: My Boyfriend Killed Doors' Jim Morrison

(Newser) - The death of Doors frontman Jim Morrison at the age of 27 back in 1971 still has all kinds of conspiracy theories and weirdness connected to it, thanks to the lack of an autopsy. Doctors cited heart failure, and now former girlfriend Marianne Faithfull tells British music site Mojo that... More  »

 
Connecticut Teen Killed in Freak Boating Accident

Connecticut Teen Killed in Freak Boating Accident

(Newser) - What was supposed to be a fun summer afternoon for four teenage girls turned tragic yesterday when a freak boating accident killed one 16-year-old and seriously injured another. Two of the teens from Greenwich, Conn., were in an inner tube being pulled by the other two teens in a boat... More  »

 
Tourist Crashes Drone Into Yellowstone's Prized Spring

Tourist Crashes Drone Into Yellowstone's Prized Spring

(Newser) - It's been a rough summer for Yellowstone. First, one of the national park's roads was closed in July because it was melting —now a tourist trying to score some pictures with his drone has accidentally crashed it into one of the area's most famous hot springs,... More  »

 

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STOCKS FALL: Here's What You Need To Know, August 7, 2014

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Closing Bell
 

August 07, 2014

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Stocks continue to have a rough month. And the July 24 high of 1,991 continues to drift away.

First, the scoreboard:

  • Dow: 16,367.6, -75.0, (-0.4%)
  • S&P 500: 1,909.5, -10.6, (-0.5%)
  • Nasdaq: 4,334.9, -20.0, (-0.4%)

And now, the top stories on Wednesday

  • Russia retaliated against western economic sanctions with sanctions of its own. Prime Minister Dmitry Medvedev unveiled a ban on food imports from the U.S., the European Union, Canada, Australia, and Norway. This includes imports of beef, pork, fruit, vegetable, dairy, cheese, and fish. This is somewhat problematic for Russia, as it is the fifth-largest importer of food in the world. "There is nothing good in sanctions, and it wasn't an easy decision to take, but we had to do it," Medvedev said.
  • U.S. companies probably won't get off unscathed. Russia is the U.S. second-biggest importer of chicken. "As its domestic poultry industry has expanded, Russia has in recent years become less important as an export market," said the National Chicken Council. "Russia currently accounts for only about 7% of total U.S. poultry export volume. In the mid-1990s, exports to Russia were as much as 40% of that total." Chicken producer Tyson Foods and Pilgrim's Pride fell by 2% and 3% respectively.
  • Initial weekly jobless claims tumbled to 289,000 from 303,000 a week ago. This was lower than the 304,000 expected by economists. This week's report brings the four-week moving average down to 293,500, the lowest level since February 2006. The four-week average for continuing claims fell 17k, to 2.519 million, the lowest level since July 2007.
  • Consumer credit balances expanded by $17.25 billion in June. Economists estimated balances would increase by $18.65 billion. Non-revolving balance, which includes auto loans and student loans, increased by $16.3 billion. This included a $5.4 billion increase in Federal government lending, which is mostly educational loans.
  • Don't Miss: Here's How All 50 State Economies Are Doing, Ranked From Slowest To Fastest »

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The Guy Who's Trying To Build The Next Microsoft Wrote This Epic Resignation Letter When He Left Yahoo

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August 07, 2014
The Guy Who's Trying To Build The Next Microsoft Wrote This Epic Resignation Letter When He Left Yahoo The Guy Who's Trying To Build The Next Microsoft Wrote This Epic Resignation Letter When He Left Yahoo

Wired Magazine's Mat Honan wrote an excellent profile on Stewart...
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The One Meal You Need To Eat In Amsterdam
The One Meal You Need To Eat In Amsterdam
The Netherlands' colonial history means that its Indonesian and...  Read»
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This Grid Will Tell You Whether You're Leaving Your Job For The Right Reasons
This Grid Will Tell You Whether You're Leaving Your Job For The Right Reasons
LinkedIn Influencer, Lou Adler, published this post originally...  Read»
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 THE PROGRAMMATIC ADVERTISING REPORT: Real-Time Bidding Is Taking Over The Digital Ad Market
THE PROGRAMMATIC ADVERTISING REPORT: Real-Time Bidding Is Taking Over The Digital Ad Market
 RTB will account for 33% and $18.2 billion of U.S. digital ad sales in 2018.  Read»
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More Windows 9 Details Leak, And It Sounds Like Microsoft Is Slowly Gutting Windows 8
Microsoft may cut one of the biggest features in Windows 8 — the Charms bar — with Windows 9.   Read»
Conservatives Are Adding 'Benghazi' To Their Names On Facebook
It's becoming increasingly common for conservative Facebook users to...  Read»
The Online Video Ecosystem Explained: How Video Travels Over The Internet And Into Consumer Living Rooms
Netflix and Google are moving to gain more control over online video infrastructure.   Read»
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22 Quotes That Take You Inside Albert Einstein's Revolutionary Mind
22 Quotes That Take You Inside Albert Einstein's Revolutionary Mind
Back in 1904, a 25-year-old Albert Einstein would spend his afternoons...  Read»
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21 Ridiculously Simple Pieces Of Life Advice That The NBA Gives Its Players
21 Ridiculously Simple Pieces Of Life Advice That The NBA Gives Its Players
Journalist Sarah Lyall is at the NBA Rookie Transition Program, which is...  Read»
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The Hedge Fund Manager Taking Down Argentina Massively Trolled The Country At The World Cup
The Hedge Fund Manager Taking Down Argentina Massively Trolled The Country At The World Cup
We learned an important lesson about sportsmanship from a Wall Street...  Read»
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It Is Perfectly Moral To Torture A Robot — Here's Why We Should Never Do It
It Is Perfectly Moral To Torture A Robot — Here's Why We Should Never Do It
Carnegie Mellon University roboticist Heather Knight recently published...  Read»
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See Also
10 Things In Advertising You Need To Know Today
10 Things In Advertising You Need To Know Today
1. AOL reported a 20% increase in ad revenue this quarter, in large part...
  Read»  
5 Things You Should Never Buy At Full Price
5 Things You Should Never Buy At Full Price
Maybe it's true that "you get what you pay for" with certain...
  Read»  
'Panic Selling' In London Drives Fear That The UK Housing Bubble Is About To Burst
'Panic Selling' In London Drives Fear That The UK Housing Bubble Is About To Burst
The numbers show that fear may be justified.
  Read»  
The 10 Most Important Things In The World Right Now
The 10 Most Important Things In The World Right Now
Good morning! Here's what people will be chatting about on Thursday...
  Read»  


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