US News

Tess Torelli February 7, 2018

But Washington, D.C., ranks among the lowest in terms of credit card burden. That’s because it has the highest median income on the list. The survey calculated which cities feel the heaviest debt burden based upon average debt relative to median income. That analysis evaluated how long it would take someone earning their metro area’s […]

Tess Torelli February 7, 2018

Carlsberg has written-down its Russia brand following a drop in sales, but Cees ‘t Hart, chief executive of the world’s third-largest brewer, has sought to allay investor fears. “We had to take a write-off, but that’s basically from the brand Baltika,” he told Giftofaservant Wednesday, but described the move as “just a book keeping exercise […]

Tess Torelli February 7, 2018

So far, though, Russia has nothing that compares with the new-generation U.S. Reaper, which has been called “the most feared” U.S. drone. General Atomics’ 5,000-pound mega-drone can fly more than 1,000 miles (1,600 kilometers) to deliver Hellfire missiles and smart bombs. It has seen action in Afghanistan, Iraq and Syria. The hackers went after General […]

Tess Torelli February 7, 2018

Damir Sagolj | Reuters Kim Yo Jong, sister of North Korean leader Kim Jong Un, attends an opening ceremony of a newly-constructed residential complex in Pyongyang, on April 13, 2017. North Korean leader Kim Jong Un’s sister, an increasingly prominent figure in the country’s leadership herself, will be part of the North’s delegation coming to […]

Tess Torelli February 7, 2018

Two top editors and a reporter at Newsweek were fired on Monday, and two other reporters left in limbo, in a purge that targeted employees involved in coverage of the company’s financial and legal troubles. Bob Roe, the magazine’s editor in chief; Kenneth Li, its executive news director; and Celeste Katz, a reporter, were dismissed […]

Tess Torelli February 7, 2018

[Update: The Falcon Heavy launch was a success.] SpaceX is ready to launch its biggest rocket yet on Tuesday afternoon from Cape Canaveral, Florida. CEO Elon Musk’s space company is aiming to launch Falcon Heavy for the first time. A successful flight would make the rocket the most powerful in use today – at a […]

Tess Torelli February 7, 2018

A “tiny,” one-woman firm “inexplicably” won a $156 million federal contract to deliver 30 million meals to Puerto Rico hurricane victims — but managed to deliver just 50,0000 meals before the contract was terminated for cause three weeks later, outraged lawmakers said Tuesday. Atlanta-based Tribute Contracting had “a history of struggling with much smaller contracts” […]

Tess Torelli February 7, 2018

After weathering a year of scandal and criticism, Alphabet is officially acknowledging that fake news and disturbing YouTube videos can hurt its reputation. For the first time, Google’s parent company lists “misleading” information and “objectionable content” from third-parties in the risks section of its annual 10-K filing as issues that could potentially affect its brands. […]

Tess Torelli February 6, 2018

A price hike in November may have been the catalyst that Chipotle Mexican Grill needed. The burrito chain posted better-than-expected fourth-quarter earnings on Tuesday, citing an increase in average check despite slowing foot traffic. Shares of the company whipsawed in aftermarket trading, rising as much as 5 percent before turning down 3 percent. The stock […]