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U.S. Stocks Approach Record on Earnings Surprise: Markets Wrap

U.S. Stocks Approach Record on Earnings Surprise: Markets Wrap The S&P 500 Index topped its all-time closing high on the back of better-than-forecast earnings while the dollar strengthened and Treasury yields dipped. The gauge extended its advance past 2,930 as Twitter, Coca-Cola and Hasbro climbed following favorable first-quarter reports, adding to a rally led by the biggest technology companies. The Stoxx Europe 600 Index rose as many markets reopened following the long Easter weekend.


After 20 Years of Reform, Are America’s Schools Better Off?

After 20 Years of Reform, Are America’s Schools Better Off? Twenty years ago this spring, George W. Bush announced that he was forming an exploratory committee as a precursor to his first run for the presidency. In the announcement, he pledged to improve America’s schools, “set high standards, and insist on results” so as to “make sure that not one single child gets left behind.” An era of ambitious education reform had begun.Two decades later, after sweeping efforts that included No Child Left Behind, Race to the Top, and the Common Core, are our schools better off? The answer is less reassuring than one would hope. On the whole, it’s certainly possible to find some evidence of improvement — but progress is easiest to find in the metrics most amenable to manipulation.State tests in reading and math do appear to demonstrate that schools have significantly improved over the last 20 years. Between 2005 and 2009, as No Child Left Behind took full effect, the share of students who proved to be proficient in state tests rose by 1 to 2 percent per year. Over the next six years, state assessments were too varied to allow for meaningful comparison. But the same trend — with the share of proficient students increasing by 1 to 2 percent each year — did reemerge after 2015, when standardized Common Core tests became widely used. And high-school-graduation rates also skyrocketed, from 71 percent in 1997 to 85 percent in 2017.Good news, right? Not exactly. The politicos and state education officials claiming credit for these gains are the same ones who choose state tests, define what qualifies as “proficient,” and monitor graduation rates to guard against funny business. The results are tied into state accountability systems, where lousy results can produce practical and political headaches. Thus, policymakers have both the means and the incentive to inflate the numbers any way they can.Fortunately, the U.S. also regularly administers the National Assessment of Educational Progress (NAEP) to a random, nationally representative set of schools. Because the NAEP isn’t linked to state accountability systems, it’s a good way to check the seemingly positive results of state tests. From 2000 to 2017 (the most recent year for which data is available), NAEP scores showed that fourth-grade math results increased 14 points, which reflects a bit more than one year of extra learning. Eighth-grade math results also demonstrated significant improvement, increasing ten points in the same period. Fourth- and eighth-grade reading scores, meanwhile, barely budged. And almost all of the math gains were made in the decade from 2000 to 2010; performance has pretty much flatlined since then.Put another way, the NAEP results raise hard questions about those cheery state-test results and graduation rates. George Washington University’s Center on Education Policy, for instance, analyzed the annual increase in the percentage of students whose NAEP results demonstrated proficiency and the percentage of students whose state tests demonstrated proficiency from 2005 to 2009. It found that, depending on the subject and grade, average gains on state assessments outpaced NAEP gains by 50 to over 100 percent. In other words, state-reported gains vastly exceeded the gains on NAEP. Similarly, high-school-graduation scandals and analysis of “credit recovery” programs have raised serious concerns about the validity of the dramatic graduation-rate gains.Given the disparity between state tests and independent national results, it’s useful to see what the results look like on international tests. The Programme for International Student Assessment (PISA) is the only major international assessment of both reading and math performance. While PISA has its share of limitations, it offers a wholly independent view of American education and accountability systems.From the time PISA was first administered in 2000 to the most recent results from 2015, U.S. scores have actually declined, while America’s international ranking has remained largely static. Average American reading scores have declined from 504 to 497, and average American math scores have declined from 483 to 470. Compared to other nations in the same time span, the U.S.’s world ranking dropped from 15th to 23rd in reading, and from 19th to 39th in math. (The number of nations participating has increased significantly over that time, from 43 to 72, so it’s fair to say that relative American performance has remained about the same.)The PISA results should concern anyone eager to insist that 20 years of accountability-based school reform has obviously “worked,” even when we limit the discussion to K–8 math instruction.Evaluating the success of any reform effort starts with a careful accounting. And a fair assessment of the two decades since President Bush’s bold challenge would admit that there has been a lot of action, but not much in the way of demonstrated improvement. Just why this is the case remains an open question. But going forward, education-reform proposals must start by acknowledging that the status quo appears deeply flawed the minute one looks below the surface of the numbers.Frederick M. Hess is the director of education-policy studies at the American Enterprise Institute. RJ Martin is a research assistant at AEI.


Why Shares of Hasbro Soared Higher on Tuesday

Why Shares of Hasbro Soared Higher on Tuesday A surprise profit shows that a miserable 2018 is now in the past.


Feds investigate 12 million airbags in Fiat Chrysler, Honda, Hyundai, Kia, Toyota vehicles

Feds investigate 12 million airbags in Fiat Chrysler, Honda, Hyundai, Kia, Toyota vehicles U.S. auto safety regulators have broadened a probe into potentially defective airbags that may have failed to deploy, causing at least eight deaths.


You'll want this for summer: The Sony XB10 Bluetooth speaker is under $35 on Amazon

You'll want this for summer: The Sony XB10 Bluetooth speaker is under $35 on Amazon Summer party checklist: * A juicer (for cocktails) * A grill (for proving your dominance as the best veggie burger cooker) * A Bluetooth speaker (for when you're hosting or the host's music just sucks)Cross the third one off your list today: The Sony XB10 Portable Bluetooth Speaker is $25 off at Amazon, down to just $34.99. Sony's extra bass (XB) is the only thing that will cut through crowd noise -- and you know Beyonce's new album (and Lemonade, obviously) deserve more than a speaker made out of a plastic cup.Psst: It's not on sale at Sony's website, so grab it here before it sells out.Listen for up to 16 hours on one charge with the Sony XB10 portable speaker, a tiny little guy that was made for being everywhere you go. Just connect via Bluetooth or NFC and boom: You're getting concert-grade base, balanced treble, and minimal distortion. The speaker's IPX5 waterproof rating make beach and lake drips a go -- and protects against the inevitable spills. Read more...More about Sony, Streaming, Bluetooth Speakers, Mashable Shopping, and Shopping Solo


Student sues Apple for $1 billion, claims face-recognition caused false arrest

Student sues Apple for $1 billion, claims face-recognition caused false arrest Apple is being sued for $1 billion by a college student who blames the company's facial recognition software for his wrongful arrest.


Is G-III Apparel Group, Ltd. (NASDAQ:GIII) Potentially Undervalued?

Is G-III Apparel Group, Ltd. (NASDAQ:GIII) Potentially Undervalued? G-III Apparel Group, Ltd. (NASDAQ:GIII), which is in the luxury business, and is based in United States, received a lot of attention from a substantial price increase on the NASDAQGS over the...


I Found Out I was Adopted From a DNA Test

I Found Out I was Adopted From a DNA Test Jessica* always suspected her mom wasn't telling the truth about her birth story, but it wasn't until she took an at-home DNA test that she had proof. A year later, her biological mother reached out.


Oil advances anew, stocks gain on upbeat results

Oil advances anew, stocks gain on upbeat results European energy shares had their best day since January on the back of higher oil prices on Tuesday while Wall Street rose on upbeat results that eased fears of slowing profits. European oil and gas shares jumped more than 2%, with BP Plc and Royal Dutch Shell Plc lifting the FTSE 100 index to six-month highs, while the FTSEurofirst 300 Index <.FTEU3) of leading regional shares hit eight-month highs. The main U.S. indexes hovered below record highs as strong results from Coca-Cola Co, Twitter Inc and a host of industrial companies allayed concerns about the earnings outlook.


Does The Dycom Industries, Inc. (NYSE:DY) Share Price Tend To Follow The Market?

Does The Dycom Industries, Inc. (NYSE:DY) Share Price Tend To Follow The Market? If you're interested in Dycom Industries, Inc. (NYSE:DY), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. Modern finance theory consid...


Stock Market News: Twitter Flies Higher; Coke Is Still It

Stock Market News: Twitter Flies Higher; Coke Is Still It Earnings lifted the broader market on Tuesday morning.


Court hears arguments over citizenship question on census

Court hears arguments over citizenship question on census WASHINGTON (AP) — Conservative Supreme Court justices were mostly silent Tuesday as a Trump administration lawyer defended the government's plan to ask about citizenship on the 2020 census, an indication the court's majority may be inclined to side with the administration.


7 Items You Should Be Buying at Aldi to Save Money, According to a Bargain Shopping Expert

7 Items You Should Be Buying at Aldi to Save Money, According to a Bargain Shopping Expert Move over, Costco and Kroger.


Eyebrow Tycoon Sees Company's Loan Lose Luster on Forecast

Eyebrow Tycoon Sees Company's Loan Lose Luster on Forecast (Bloomberg) -- The red-hot leveraged loan market helped make Anastasia Soare, a cosmetics entrepreneur, a billionaire. Now some lenders are having second thoughts.


Bernie Sanders says felons, even Boston Marathon bomber, should have right to vote in prison

Bernie Sanders says felons, even Boston Marathon bomber, should have right to vote in prison Bernie Sanders offered his stance at a CNN town hall Monday when asked whether he thought felons should be allowed to vote while they’re incarcerated.


KitchenAid mini food processor is on sale at Walmart — save $15

KitchenAid mini food processor is on sale at Walmart — save $15 We're always looking for ways to upgrade our kitchen setup, but there are just so many options and brands out there that it can be super overwhelming to even begin your search. If you ask us, one brand we'd probably point you to is KitchenAid -- they have a huge catalog of high-quality, long-lasting appliances that will have you impressing yourself with your newfound affinity for culinary creation.SEE ALSO: 8 of the best slow cookers right now, according to Amazon reviewsOne of KitchenAid's highlights, the 3.5-cup mini food processor, is currently $15 off at Walmart -- pick this one up if you're ready to chop and puree with ease, all while taking up minimal storage space.  Read more...More about Kitchen, Mashable Shopping, Shopping Skimlinks, Shopping Solo, and Kitchenaid


Ex-USC soccer coach to plead guilty in college admissions scandal

Ex-USC soccer coach to plead guilty in college admissions scandal A former University of Southern California assistant women's soccer coach has agreed to plead guilty to engaging in a racketeering scheme in which she accepted bribes to help wealthy parents get their children into the school as part of the largest college admissions scandal in U.S. history. Laura Janke, who worked at USC until 2014, has agreed to plead guilty to one count of conspiring to commit racketeering, according to a plea agreement filed in federal court in Boston on Tuesday. "Full House" star Loughlin has pleaded not guilty, while "Desperate Housewives" actress Huffman is due to plead guilty on May 21.


Is There An Opportunity With SPX Corporation's (NYSE:SPXC) 41% Undervaluation?

Is There An Opportunity With SPX Corporation's (NYSE:SPXC) 41% Undervaluation? In this article we are going to estimate the intrinsic value of SPX Corporation (NYSE:SPXC) by estimating the company's future cash flows and discounting them to their present value. This is done using the Discounted Cash Flow...


A Calculated Attack on Christianity

A Calculated Attack on Christianity Another country, another terrorist attack, another slaughter. This time the location was Sri Lanka, where a series of bombs targeted Catholic and Evangelical churches and foreigner-friendly hotels, killing more than 300 people and wounding another 500, almost all Sri Lankan citizens. The Easter killings were a calculated attack on Christianity.No one took responsibility, but the Sri Lankan government initially concluded that the attack was carried out by seven suicide bombers from a local extremist Islamic group, National Thowheed Jamath. (NTJ was largely unknown until last year, when its members were accused of defacing Buddhist statues — a far different crime.) Later State Minister of Defense Ruwan Wijewardene indicated that the lesser-known Jammiyathul Millathu Ibrahim also was involved. He suggested that the attacks were in retaliation for the March attack on two mosques in Christchurch, New Zealand, but admitted that was simply an assumption based on the targeting of Christians and foreigners.Police arrested 24 members of NTJ but said they suspected it received outside assistance. Health minister and cabinet spokesman Rajita Senaratne opined that “we do not believe these attacks were carried out by a group of people who were confined to this country. There was an international network without which these attacks could not have succeeded.” Similarly, a presidential spokesman announced: “The intelligence reports [indicate] that foreign terrorist organizations are behind the local terrorists.” The government offered no supporting evidence or details, but one security official called NTJ an ISIS front; American officials also indicated that the group had had contacts with ISIS, though their significance was unclear.Anti-terrorism experts initially assumed direct foreign responsibility. Alan Keenan of the International Crisis Group observed: “Sri Lanka has never seen this sort of attack — coordinated, multiple, high-casualty — ever before, even with the Tamil Tigers during the course of a brutal civil war.” He thought “the dynamics are global, not driven by some indigenous debate.” The carnage was of the sort typically sought by al-Qaeda and the Islamic State, the latter especially as it shifts from creating a caliphate to generating bloody chaos. Indeed, the Islamic State attacked a Catholic church in the Philippines in January. On Tuesday ISIS claimed it had carried out attacks, though absent further evidence, that could reflect opportunistic posturing.Compounding the tragedy, foreign governments warned Colombo of potential attacks more than two weeks ago. Rauff Hakeem, minister of city planning, criticized the “colossal failure on the part of the intelligence services.” Housing Construction Minister Sajith Premadasa denounced the security services’ “negligence and incompetence.” Telecommunications Minister Harin Fernando even reported that he was urged by his father, who heard rumors of possible attacks, not to attend major churches. Added Fernando: “Some intelligence officers were aware of this incident. Therefore there was a delay in action. Serious action needs to be taken as to why this warning was ignored.”Sri Lankan intelligence apparently had been monitoring the group and tracking its leaders for months. The government was aware in January that Islamic radicals had stockpiled bomb materials and more than a week ago acknowledged threats against Catholic churches. After the attack, government spokesman Rajitha Senaratne admitted that the authorities had received multiple warnings about possible NTJ activity. The speedy arrest of more than a score of the group’s operatives suggests that timely action could have disrupted the operation.The fault likely lies at least in part with the country’s extended governmental crisis. President Maithripala Sirisena runs the security agencies, which apparently did not share the information with Prime Minister Ranil Wickremesinghe. After joining together in 2015 to defeat Mahinda Rajapaksa, an authoritarian who had triumphed in a bloody civil war, the two have been feuding in a bizarre political soap opera: Last October, Sirisena attempted to replace Wickremesinghe with Rajapaksa but was thwarted by the parliament and the courts. The forthcoming presidential election is certain to be bitterly fought.The Easter attacks were pure terrorism. However, on a daily basis, Sri Lanka has become an increasingly hostile home to any faith other than Buddhism.Buddhism is the state religion, accounting for roughly 70 percent of the population. Hindus, Muslims, and Christians follow — accounting for 12.6 percent, 9.7 percent, and 7.4 percent, respectively, of the population. The religious divide was exacerbated by the long-running conflict, which ended a decade ago, between majority Sinhalese and minority Tamils, mostly Hindus though also some Christians. The Tamil Tigers, though nominally secular, targeted Buddhists and Muslims, strengthening Sinhalese identification with Buddhism.Unfortunately, the country’s Buddhism is not that of myth -- gentle followers of the Buddha spreading love and happiness while communing with nature. Rather, many of these Buddhists, starting with monks, are violent nationalists. Cruel xenophobia has been on the rise since 2012 and is similar to that increasingly seen in Burma/Myanmar, though so far without the extreme brutality of the latter’s pogrom against the Muslim Rohingya.Sri Lanka formally guarantees religious freedom, but last year the nation’s supreme court ruled there was no constitutional right to evangelize. Previous proposals for an anti-conversion law, criminalizing evangelism, were defeated, but religious minorities remain at risk. The latest State Department report on religious liberty observed that “government officials at the local level engaged in systematic discrimination against religious minorities, especially Muslims and converts to denominational Christian groups. Local government officials and police reportedly responded minimally or not at all to numerous incidents of religiously motivated violence against Muslim and Christian minorities. There were some reports of government officials being complicit in physical attacks on religious minorities and their places of worship.”Open Doors ranks Sri Lanka as No. 46 on its World Watch list of the 50 worst persecutors. Converts face discrimination and harassment. Moreover, noted Open Doors, “Christian churches are frequently targeted by neighbors, and local officials sometimes demand they close their buildings, which they regard as illegal. This repeatedly leads to mobs protesting against and attacking churches, especially in rural areas.” Flyers have been distributed targeting both Christians and Muslims.One of the more disturbing violent outbreaks occurred in 2014, when the Buddhist group Bodu Bala Sena, or “Buddhist Power Force,” led demonstrations that turned violent. Reported the New York Times: “Shops and homes in the area, many of them owned by Muslims, were set ablaze and vandalized in violence that continued throughout the night. Mobs shouting anti-Muslim slogans and hurling gas bombs and stones advanced” on the Muslim section of town, where street battles were fought and mosques were burned. The police intervened only after the fighting ended. Rajapaksas and other members of the government, which then amounted to a family-owned business, were thought to back Bodu Bala Sena. After this incident, National Thowheed Jamath was formed.Similar violent incidents have continued over the years. Last year featured another round of attacks by Buddhist mobs, also likely backed by Bodu Bala Sena, against mosques as well as homes and businesses of Muslims. In response the government imposed a ten-day state of emergency in the region affected. Monks actively promoted the attacks, then protested, demanding the release of those arrested by the police.After the bombing, human-rights activist Ruki Fernando reported that each of the previous Sundays Christian services had been disrupted somewhere on the island. The National Christian Evangelical Alliance of Sri Lanka reported increased attacks on Christians last year, cataloguing 86 incidents. There have been 35 acts already this year, including a mob attack on a Methodist prayer center on Palm Sunday, the week before Easter. Problems included violence, intimidation (such as death threats against converts and demands that churches close), harassment, police inaction, false charges, and government-registration requirements. An attorney working with the group warned that “communities are being mobilized in an increasing manner against Christians.” The lawyer, who wished to remain anonymous, added: “Extremist elements are able to influence communities as a whole and lead violent mob attacks against places of worship and people.”According to the State Department, Christian churches “continued to report physical attacks and harassment by police and local government officials who often sided with the religious majority in a given community.” State cited numerous cases of assault on and intimidation against Christians by vigilantes, monks, police, and public officials. There were similar attacks on mosques and Muslims. Government permission is required for new church construction. And the authoritarian tenor of Sri Lankan politics, even with a nominally reform government committed to religious freedom, was reflected in the threat of a past justice minister to jail a human-rights activist who publicized 190 attacks on Christians during this government’s tenure.There also has been a rise in Hindu nationalism, as in India. The 2014 victory there of Prime Minister Narendra Modi’s Bharatiya Janata Party inflamed and empowered Hindu extremists, increasing violent attacks on Christians and Muslims in India. Groups such as the Rashtriya Swayamsevak Singh, or RSS, to which Modi belonged, have become more active in Sri Lanka’s Hindu enclaves, spurring religious hostility and violence.The result is increased feelings of insecurity among religious minorities. Complained Tasnim Nazeer, a British journalist whose parents and husband are Sri Lankan: “Despite empty reassurances from the government, minority groups have long felt unprotected.” The government has failed its most basic responsibility of protecting its citizens. Asked Nazeer: “Why do we have to wait for a tragedy of this magnitude to occur for those in power to wake up and listen to the people of Sri Lanka?”Indeed.Christianity’s dominant role in American culture has obscured the fact that it is the most persecuted faith globally. Some of that reflects totalitarian atheism, as in North Korea and China, and Buddhist and Hindu nationalism, evident in Sri Lanka and Burma in the first case and India and Nepal in the second. Nevertheless, even the worst radical Buddhist depredations in Sri Lanka fall far short of the Easter bombings. Islam remains the fount of the most virulent and violent attacks on Christians worldwide, including in Sri Lanka.There is no easy answer, and obviously most Muslims do not support terrorism. Governments need to do better defending against terrorists, but that is not enough. Underlying such violence is a contempt for people of other faiths, reflected in the fact that virtually every Muslim nation persecutes its religious minorities. The only question is how much. Nominal American friend Saudi Arabia continues to spend lavishly to promote hostility and intolerance to “the other” around the world. Yet ISIS’s rise demonstrates how in sowing the wind of intolerance and hatred Muslim societies risk reaping the whirlwind.Atrocities such as the latest attack demonstrate the importance of people of good will, and especially religious minorities, working together to respect and affirm the lives and dignity of all. That includes Muslims. They too have been victims. Without that shared commitment, there will more bombings, more killings, and more tragedies, even on a day that showcases the hope of renewal, salvation, and peace.


Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019

Waymo picks Detroit factory for self-driving fleet, to be operational by mid-2019 Alphabet Inc's Waymo said on Tuesday it had chosen a factory in Detroit to mass produce self-driving cars, looking to the historical heart of the auto industry to build the vehicles of the future. The company's chief executive, John Krafcik, said in a blog post that Waymo would partner with American Axle & Manufacturing to lease and repurpose an existing Detroit facility that will be operational by mid-2019. Waymo said in January it had chosen Michigan for its first production facility, adding it would receive incentives from the public-private partnership agency, the Michigan Economic Development Corporation, and create up to 400 jobs over time exclusively related to self driving.


Is Aimia's (TSE:AIM) Share Price Gain Of 138% Well Earned?

Is Aimia's (TSE:AIM) Share Price Gain Of 138% Well Earned? When you buy shares in a company, there is always a risk that the price drops to zero. But when you pick a company that is really flourishing, you can make more than 100%. For example, the Aimia Inc. (TSE:AIM) share pric...


Supreme Court conservatives sympathetic toward Trump census citizenship query

Supreme Court conservatives sympathetic toward Trump census citizenship query During an extended argument session that lasted about 80 minutes, the court's liberal justices voiced skepticism over the administration's stated justification for the citizenship question - that it would yield better data to enforce the Voting Rights Act, which protects eligible voters from discrimination. Lower courts have blocked the question, ruling that the administration violated federal law and the U.S. Constitution in seeking to include it on the census form. The court has a 5-4 conservative majority, and conservative justices signaled support toward the administration's stance.


Coinbase is pulling the plug on a massive project to upgrade its platform, and it could result in a multi-million dollar loss

Coinbase is pulling the plug on a massive project to upgrade its platform, and it could result in a multi-million dollar loss After a year of hype and key hires, Coinbase announced Tuesday it has cancelled plans to build a new matching engine in Chicago.The post Coinbase is pulling the plug on a massive project to upgrade its platform, and it could result in a multi-million dollar loss appeared first on The Block.


Kushner says to give Trump immigration plan in coming days

Kushner says to give Trump immigration plan in coming days WASHINGTON (Reuters) - White House senior adviser Jared Kushner plans to present an immigration proposal to President Donald Trump at the end of the week or early next week, Kushner told a Time Magazine forum. Kushner, Trump's son-in-law, has been holding listening sessions with conservative groups and has been working with White House economic adviser Kevin Hassett and policy adviser Stephen Miller on a plan that addresses border security and merit-based immigration. (Reporting by Steve Holland and Roberta Rampton; Editing by Chizu Nomiyama)


BMW to buy cobalt direct from Australia, Morocco for EV batteries

BMW to buy cobalt direct from Australia, Morocco for EV batteries German carmaker BMW will buy cobalt, a key component for electric vehicle (EV) batteries, directly from mines in Australia and Morocco to ensure they are not produced by child labor, an executive said on Tuesday. The announcement came as the London Metal Exchange (LME) launched an initiative under which it could ban or delist brands that are not responsibly sourced by 2022 to help root out metal tainted by child labor or corruption. Andreas Wendt, BMW board member responsible for procurement, told a briefing in Paris that the new supply of cobalt would be used in the carmaker's next generation of EVs in 2020.


Women seeking discount plastic surgery paid with their lives at clinics opened by felons

Women seeking discount plastic surgery paid with their lives at clinics opened by felons Florida legislators failed to act as the high-volume businesses left 13 dead, a dozen injured, according to a USA TODAY investigation.


What You Must Know About Edwards Lifesciences Corporation's (NYSE:EW) Financial Health

What You Must Know About Edwards Lifesciences Corporation's (NYSE:EW) Financial Health Edwards Lifesciences Corporation (NYSE:EW), a large-cap worth US$37b, comes to mind for investors seeking a strong and reliable stock investment. Most investors favour these big stocks due to their strong balance sheet and high market...


Isil claims Sri Lanka attack as prime minister says there are militants with explosives on the run

Isil claims Sri Lanka attack as prime minister says there are militants with explosives on the run Sri Lanka's prime minister has warned there are more explosives and militants "out there" after the Easter suicide bombings that killed 321 people. Ranil Wickremesinghe made the comment Tuesday at a news conference, and said some officials will likely lose their jobs over intelligence lapses surrounding the attack. His warning came as Islamic State claimed responsibility for the terror attack on its official Amaq news agency. The group posted an image of seven masked attackers and the unmasked ringleader, Zahran Hashim, in front of its black flag. In a statement the men were named as Abu Ubaida - thought to refer to Hashim - Abu Khalil, Abu Hamza, Abu al-Baraa, Abu Muhammad, Abu Abdulla and Abu al-Mukhtar. Isis's official news agency, Amaq, posted this image of eight attackers, including the previously identified Zahran Hashim (centre) Sri Lanka's defence minister on Tuesday declared the attacks were retaliation for a recent attack on mosques in New Zealand, adding that two domestic Islamist groups were believed to be responsible. Ruwan Wijewardene’s comments were made as the South Asian island held its first mass funeral for about 30 of the victims of Sunday’s serial suicide bombings in three high profile churches and three luxury hotels. Sri Lankan intelligence has named the mastermind behind the Easter Sunday attacks as Moulvi Zahran Hashim, an extremist local cleric who incited his followers to violence with fiery sermons on his social media channels. CCTV video shows suspected suicide bomber entering St Sebastian's Church in Negombo Isil's brief statement said they targeted “nationals of the Crusader alliance and Christians”, but made no specific reference to the New Zealand mosque attacks. At the same time, AFP agency reported that two Muslim brothers carried out two of the hotel suicide blasts. The brothers, sons of a wealthy Colombo spice trader, blew themselves up as guests queued for breakfast at the Shangri-La and Cinnamon Grand hotels in the capital Colombo. The brothers, whose names have not been revealed, were in their late twenties and operated their own "family cell", an investigation officer said. A suspected suicide bomber carries a backpack on a street in Negombo, Sri Lanka The Sri Lankan government revealed in 2016 that 32 Sri Lanka Muslims had travelled to Syria to join Isil. “All these (Muslims) are not from ordinary families. These people are from the families which are considered as well-educated and elite,” Wijeyadasa Rajapakshe, the country’s Justice Minister told parliament. said, adding that the government was aware of some foreigners coming to Sri Lanka to spread what he called Islamic extremism. A Syrian national was also arrested on Tuesday. It was not yet clear if he played a role in the attacks. Read more | Sri Lanka attacks Mr Wijewardene told the Sri Lankan parliament the massacre was carried out by the obscure local National Thawheed Jamaath group along with another group called the JMI, an apparent reference to a little-known radical Islamist group in India called the Jamaat-ul-Mujahideen. Some experts have pointed out that the sophisticated nature of the attacks suggest that they would have required preparation that began before the Christchurch atrocity. Little is known about JMI, other than reports it was established last year and is affiliated to a similarly named group in Bangladesh. "The preliminary investigations have revealed that what happened in Sri Lanka was in retaliation for the attack against Muslims in Christchurch," said Mr Wijewardene. A suspected suicide bomber carries a backpack on a street in Negombo, Sri Lanka Fifty people were killed in shooting attacks on two mosques in the New Zealand city of Christchurch on March 15, and horrific footage of the bloodbath was livestreamed on social media channels. The Sri Lankan authorities are still investigating how local militants gained the training and equipment to carry out an assault that is now considered to be one of the worst global terrorist atrocities since the 9/11 attacks on New York and Washington. One theory is that Sri Lankan extremists could have been assisted by returning fighters from Iraq and Syria. It also emerged on Tuesday that Sri Lankan police are holding a Syrian national in custody for questioning over the Easter Sunday attacks. "The terrorist investigation division of the police arrested a Syrian national following the attacks for interrogation," a source told Reuters. Two other officials with knowledge of the investigation confirmed the detention. "He was arrested after interrogation of local suspects," a second source said. Police have now detained 40 suspects in connection with the attack. Sri Lanka attacks - Locator map The first mass funeral took place at St Sebastian church in Negombo, north of Colombo, which was one of the places targeted in Sunday's blasts. A moment of silence was observed at 08:30, to mark the timing of the first bomb on Sunday morning. Flags were lowered to half-mast and people, many of them in tears, bowed their heads in respect.


Supreme Court Signals Support for Trump’s Census Citizenship Question

Supreme Court Signals Support for Trump’s Census Citizenship Question Hearing arguments in Washington, Chief Justice John Roberts and Justice Brett Kavanaugh directed almost all their questions to the lawyers challenging the decision to ask about citizenship. Kavanaugh said Congress gave the Commerce secretary "huge discretion" to decide what to ask on the census. The case is the court’s first direct look at an administration initiative since the justices upheld President Donald Trump’s travel ban last year.


Why Aptiv PLC's (NYSE:APTV) CEO Pay Matters To You

Why Aptiv PLC's (NYSE:APTV) CEO Pay Matters To You Kevin Clark has been the CEO of Aptiv PLC (NYSE:APTV) since 2015. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at other big companies. Next, we'll consider growth that th...


Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin

Charlie Lee Slams ‘Silly’ Investors for Not Holding Onto Litecoin By CCN: Crypto investors should do as Charlie Lee says, not as he does. The Litecoin creator was featured as a guest on Laura Shin’s Unchained podcast, where he defended his decision to liquidate the holdings of the cryptocurrency that he spawned, Litecoin (LTC). Lee, who is a Google alum, is a highly respected individual in the crypto community and his contribution to the ecosystem can’t be denied, as evidenced by a coin that has muscled its way into the six biggest cryptocurrencies. His decision to sell the cryptocurrency at year-end 2017 near the peak was simply bad PR. He


P&G operating margin, grooming product sales dip on strong dollar; shares drop

P&G operating margin, grooming product sales dip on strong dollar; shares drop P&G said its core operating margin declined by 60 basis points to 19.9%, and was hurt by foreign exchange fluctuations. Bernstein analyst Ali Dibadj, for example, forecast an operating margin of 20.9%. Indeed, price hikes on P&G's skincare and detergent lines, which include Tide, Olay and SK-II, helped the Cincinatti-based company beat revenue and profit estimates.


12 Amazing Glamping Adventures That Will Make You Forget All About Your Favorite Hotel

12 Amazing Glamping Adventures That Will Make You Forget All About Your Favorite Hotel You won't miss a thing in these all-out luxurious tents from Canada to Cambodia.


Read This Before Selling Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares

Read This Before Selling Essential Properties Realty Trust, Inc. (NYSE:EPRT) Shares We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is that there are more than a few examples of insiders dumping stock prior to a period of weak performance. So shareholder...


Franklin Plans to Cut Up to 5% of Workforce to Reduce Costs

Franklin Plans to Cut Up to 5% of Workforce to Reduce Costs San Mateo, California-based Franklin started with voluntary buyout offers for eligible U.S. employees age 50 or older who have at least 10 years of experience, the firm said in a Jan. 29 staff memo. “Our industry remains in the midst of rapid change, which has put pressure on our business in recent years,” Chief Executive Officer Greg Johnson and President Jenny Johnson said in the memo. Asset managers including BlackRock Inc. and State Street Corp. have unveiled plans for job reductions this year as cost-cutting is being driven by the 2018 market decline as well as industry automation and growing pressure to lower fees.


Coinbase Shuts Chicago Office as Crypto Slump Continues

Coinbase Shuts Chicago Office as Crypto Slump Continues Coinbase Shuts Chicago Office as Crypto Slump Continues


EU steadfast in support for Ukraine, EU's Tusk tells new Ukraine leader

EU steadfast in support for Ukraine, EU's Tusk tells new Ukraine leader The European Union is steadfast in its support for Ukraine, European Council president Donald Tusk said in a tweet on Tuesday after a telephone conversation with Ukraine's president-elect, Volodymyr Zelenskiy. Tusk, who chairs summits of EU leaders, said he had had a first good phone call with Ukraine's new leader. "I assured him of the EU's steadfast support to Ukraine.


US expands probe into air bag failures to 12.3M vehicles

US expands probe into air bag failures to 12.3M vehicles DETROIT (AP) — U.S. auto safety regulators have expanded an investigation into malfunctioning air bag controls to include 12.3 million vehicles because the bags may not inflate in a crash. The problem could be responsible for as many as eight deaths.


Netflix CEO Reed Hastings' Compensation Skyrocketed 48% to $36.1 Million in 2018

Netflix CEO Reed Hastings' Compensation Skyrocketed 48% to $36.1 Million in 2018 Netflix CEO Reed Hastings' Compensation Skyrocketed 48% to $36.1 Million in 2018


Do You Like Victory Capital Holdings, Inc. (NASDAQ:VCTR) At This P/E Ratio?

Do You Like Victory Capital Holdings, Inc. (NASDAQ:VCTR) At This P/E Ratio? This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll look at Victory Capital Holdings, Inc.'s (NASDAQ:VCTR) P/E ratio and reflect on what it tells us about the...


Americans getting more inactive, computers partly to blame

Americans getting more inactive, computers partly to blame Americans are becoming increasingly sedentary, spending almost a third of their waking hours sitting down, and computer use is partly to blame, a new study found.


Walgreens to restrict tobacco product sales to customers under 21 years

Walgreens to restrict tobacco product sales to customers under 21 years In the face of an "epidemic" rise in tobacco products use among middle and high school students, the U.S. health regulator has been introducing new policies to restrict teen access to such products. Last week, U.S. Senate Majority leader Mitch McConnell disclosed plans to introduce a legislation to raise the minimum age for buying tobacco products, including vaping devices, to 21 from 18. Walgreens, which operates 9,560 drugstores across the country, has in the past been pulled up by the U.S. Food and Drug Administration for flouting tobacco sale rules by selling tobacco products to minors.


Christchurch attack survivors offered New Zealand residency

Christchurch attack survivors offered New Zealand residency New Zealand will grant permanent residency to all survivors of the mass shooting at two Christchurch mosques in which 50 Muslim worshippers were killed, it said on Tuesday. Australian Brenton Tarrant, 28, a suspected white supremacist, has been charged with 50 counts of murder for New Zealand's worst peacetime mass shooting in which 50 other people at Friday prayers were wounded. The government had said it was considering giving visas to survivors, but no decision was announced.


Millennial Money: Are you robbing the Bank of Mom and Dad?

Millennial Money: Are you robbing the Bank of Mom and Dad? When Melanie Lockert graduated with a master's in performance studies in 2011, she was overwhelmed with student loans. Her many attempts to tap the Bank of Mom and Dad had failed.


A Look At The Intrinsic Value Of Rocky Mountain Dealerships Inc. (TSE:RME)

A Look At The Intrinsic Value Of Rocky Mountain Dealerships Inc. (TSE:RME) In this article we are going to estimate the intrinsic value of Rocky Mountain Dealerships Inc. (TSE:RME) by projecting its future cash flows and then discounting them to today's value. This is done using the Discounted Cash F...


The Latest: UNICEF says 45 children killed in Easter attacks

The Latest: UNICEF says 45 children killed in Easter attacks COLOMBO, Sri Lanka (AP) — The Latest on the Easter attacks in Sri Lanka (all times local):


Coke Zero, new flavors lift Coca-Cola results; shares rise

Coke Zero, new flavors lift Coca-Cola results; shares rise The world's biggest beverage makers, Coca-Cola and PepsiCo Inc, are responding to shifting consumer taste by tweaking ingredients and experimenting with new flavors that are focused more on health conscious consumers. Chief Executive Officer James Quincy said Coke Zero sales witnessed a double-digit percentage rise, while its new orange-vanilla Coke soda was also a hit. Sales of the company's carbonated drinks rose 1 percent, driven by strong performance of its Coke brand, while smaller, immediate consumption packages of its flavored water and sports drinks drove a 6 percent sales increase in that business.


Here's What United Community Banks, Inc.'s (NASDAQ:UCBI) P/E Ratio Is Telling Us

Here's What United Community Banks, Inc.'s (NASDAQ:UCBI) P/E Ratio Is Telling Us This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios). We'll show how you can use United Community Banks, Inc.'s (NASDAQ:UCBI) P/E ratio to inform your assessment of th...


2019 Chain Plus Asia Pacific Blockchain New Finance Summit · Singapore station Completed Successfully

2019 Chain Plus Asia Pacific Blockchain New Finance Summit · Singapore station Completed Successfully Although we are currently in a bear market, the enthusiasm of the participants did not decrease. At this industry-leading forum, Chain Plus, William Zhu, founding partner of The Blockchainer, also the host of this summit, reviewed and speculated the past, present and future of blockchain finance area. With the welcome speech from Chia Hock Lai, President of Singapore Fintech Association, Nizam Ismail, the former regulator of MAS delivered a keynote speech about ”How Regulators Have Responded to Facilitate Innovation, and How They Should Respond in Future”. Hongfei Da, founder of NEO&Onchain, Alexandre Kech, CEO of Onchain Custodian, Jun Li, Founder of Ontology & Co-Founder of Onchain gave an amazing speech and hold the product launch ceremony with Raymond Zhang, CSO The post 2019 Chain Plus Asia Pacific Blockchain New Finance Summit · Singapore station Completed Successfully appeared first on Coin Rivet.


Sex-segregated pool schedule ruled unlawful after married couple who wanted to swim together fined

Sex-segregated pool schedule ruled unlawful after married couple who wanted to swim together fined Women were allowed 3.5 hours of pool time after 5 p.m. on weeknights compared to 16.5 hours for men.