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Friday, January 2, 2015

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January 02, 2015
Man Chronicles Grueling 4 Hours On The Phone Trying To Cancel His Comcast Account Man Chronicles Grueling 4 Hours On The Phone Trying To Cancel His Comcast Account
by Joshua Barrie on Jan 2, 2015, 6:30 AM
He posted a YouTube clip of his painful attempts to disconnect. 


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Most Cancer Types Boil Down to Bad Luck (Newser Happy Hour 6-pack)

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


Most Cancer Types Boil Down to Bad Luck

Most Cancer Types Boil Down to Bad Luck

(Newser) - Roughly two-thirds of cancer types researchers recently studied largely appear to be the result of random mutations and not inherited genes or environmental and lifestyle factors. Reporting in the journal Science , researchers at the Johns Hopkins University School of Medicine investigated 31 common cancer types and found that 22 of... More  »

 
AirAsia Victims Found Strapped in Seats

AirAsia Victims Found Strapped in Seats

(Newser) - Though bad weather has been keeping divers from searching for the wreck of AirAsia Flight 8501, the head of Indonesia's National Search and Rescue Agency says "we will focus on underwater detection": An international team outfitted with acoustic equipment arrived today to help search for the black boxes... More  »

 
Bodies Found in Truck After W. Va. Highway Shootout

Bodies Found in Truck After W. Va. Highway Shootout

(Newser) - After an SUV and a pickup truck were pulled over at a traffic stop outside of Lewisburg, West Virginia, yesterday, the driver of the truck opened fire on police before fleeing the scene and investigators soon discovered why: The bodies of a North Carolina couple whose house burned down yesterday... More  »

 
Kim Jong Un's Eyebrows Are Shrinking

Kim Jong Un's Eyebrows Are Shrinking

(Newser) - Kim Jong Un's annual New Year message may have steered clear of digs at the US and Sony, but it did raise one pressing question: What's up with Kim's eyebrows? The South China Morning Post reports they now look like "little dashes," which it suggests... More  »

 
Sheriff: Florida Man Beheaded 'Nagging' Mom

Sheriff: Florida Man Beheaded 'Nagging' Mom

(Newser) - A 23-year-old man beheaded his mother with an axe on New Year's Eve and explained to investigators that he was fed up with her nagging him to put some boxes away, authorities in Oldsmar, Fla., say. Cops were called to the Tampa-area home after the older brother of Christian... More  »

 
Man Lying in Road Dies After Cop Runs Him Over

Man Lying in Road Dies After Cop Runs Him Over

(Newser) - A 22-year-old described as "the best of the scholar athletes" at his university had been out with friends to celebrate New Year's Eve when he got separated from them—and somehow ended up lying in the middle of an unlit road in Chatham, Mass., police say. That's... More  »

 

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STOCKS GO NOWHERE: Here's What You Need To Know

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January 02, 2015

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Stocks were mixed to start 2015 — though the Nasdaq and S&P 500 lost some ground — with the major equity indexes opening the day sharply higher, giving up all of their gains, though the Dow moved back into positive territory at the end of the day.

First, the scoreboard:

  • Dow: 17,8323, +9.9, (+0.06%)
  • S&P 500: 2,058.2, -0.7, (-0.03%)
  • Nasdaq: 4,726.8, -9.2, (-0.2%)

And now, the top stories on Friday:

1. It was a weird start to the year, as markets were closed around the world in observation of the New Year's holiday on Thursday, with volume light on what marked the first trading day of the year, but the last trading day of a slow holiday week. According to Charlie Brown at the NYSE, just about 650 million shares had traded hands as of midday, one of the slowest days of the year — well, including the year we just finished, too. 

2. The economic calendar wasn't barren on the first trading day of the year, as we got manufacturing reports from both Markit and ISM, which showed that manufacturing activity remained in expansionary territory but slowed down in December. Markit's report came in at 53.9, the slowest pace of expansion since January 2014, while ISM's manufacturing PMI came in at 55.5, down from 58.7 in November.

3. With a late session rally, the S&P 500 tried to avoid doing something it hadn't done since 2008, which was finish one year with a down day and start the next year with losses. In a note on Friday, MKM's Jonathan Krinsky said that this has happened 10 times since 1980, with the average return for the S&P 500 coming at around 7% after this occurrence. 

4. Oil had a wild day to start 2015, in-line with what the commodity has seen happen over the second half of 2014. In early trade on Friday, West Texas Intermediate crude oil fell to $52.03 a barrel, the lowest since April 2009. WTI rallied back above $53 through the afternoon but into the close was hovering at around $52.70 a barrel. 

5. Mario Draghi made headlines on Friday, telling German-language magazine Handelsblatt that the European Central Bank is "making technical preparations" to change its asset purchase program, which many in the market took as a sign the ECB is preparing for a full sovereign QE program, or the outright purchase of government securities. Following these headlines and the re-opening of markets on Friday, the euro fell to new lows against the US dollar, testing the 1.20 level, its lowest in years.

Don't Miss: Here's How Every Major Asset Class Did in 2014 »

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The Vitamix Is Going To Completely Revolutionize Your Kitchen

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Business Insider Select
 
January 02, 2015
The Vitamix Is Going To Completely Revolutionize Your Kitchen The Vitamix Is Going To Completely Revolutionize Your Kitchen

After the holidays, many of us are carrying a few extra pounds, and as...
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Switzerland Is Finally Getting Around To Dismantling Its Cold War-Era Defense System
Switzerland Is Finally Getting Around To Dismantling Its Cold War-Era Defense System
Switzerland has a vaunted reputation for political neutrality and hasn't...  Read»
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Why Leasing A Car Isn't Worth The Money
Why Leasing A Car Isn't Worth The Money
Leasing a car can sound appealing. You get a brand-new car, drive it...  Read»
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Mark Cuban: Here's Why Netflix Won't Kill TV
Mark Cuban: Here's Why Netflix Won't Kill TV
VIDEO: Mark Cuban gives his predictions on the future of television.  Read»
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These Eramotive Concept Yachts Are Mind-Blowing
The futuristic new Iris concept-yacht series from the Miami yacht-design...  Read»
Here's What I Could Have Done Better With My Money In 2014
I honestly cannot believe that this year is already coming to an end...  Read»
THE PAYMENTS INDUSTRY EXPLAINED: The Trends Creating New Winners And Losers In The Card-Processing Ecosystem
A look at the trends that will shape the payments industry going forward.   Read»
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The Real Problem With The Economist's Most Influential Economists List
The Real Problem With The Economist's Most Influential Economists List
Earlier this week, The Economist came out with a controversial ranking...  Read»
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I Earned An Extra $700 A Month When I Stopped Giving Away Advice For Free
I Earned An Extra $700 A Month When I Stopped Giving Away Advice For Free
Three years ago I left my full-time marketing job to launch a...  Read»
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Here's One Luxury Watch Company's Attempt To Compete With Gadgets Like The Apple Watch
Here's One Luxury Watch Company's Attempt To Compete With Gadgets Like The Apple Watch
Even though everyone in the tech industry is talking about wearables...  Read»
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The NFL Draft Could Become A Nightmare If One Huge Assumption Doesn't Come True
The NFL Draft Could Become A Nightmare If One Huge Assumption Doesn't Come True
The college football playoff semifinal between Oregon and Florida State...  Read»
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See Also
35 Vehicles Involved In Massive Pileup On New Hampshire Highway
35 Vehicles Involved In Massive Pileup On New Hampshire Highway
A massive number of vehicles have piled up on a New Hampshire...
  Read»  
Robot Funded By The US Military Can Sprint And Jump Just Like A Cheetah
Robot Funded By The US Military Can Sprint And Jump Just Like A Cheetah
VIDEO: The cheetah was the inspiration for the US military-funded “cheetah robot” created by researchers at MIT.
  Read»  
The Microsoft Engine That Nailed The World Cup Is Predicting Every NFL Game — Here Are Its Picks For The 1st Round Of The Playoffs
The Microsoft Engine That Nailed The World Cup Is Predicting Every NFL Game — Here Are Its Picks For The 1st Round Of The Playoffs
Microsoft Cortana finished the season with a 170-86 record (66.4%)...
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Economic Sanctions Usually Don't Work
Economic Sanctions Usually Don't Work
FA Insights is a daily newsletter from Business Insider that delivers...
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