Lions Gate Entertainment slid midday Friday after its latest numbers failed to impress investors.
The company reported a fall in revenue for the quarter to $914 million compared to $949.5 million expected.
Read more at Investing.
One of my favorite things to do when I talk to investors is show them how compounding works.
The look on people’s faces never disappoints. But demonstrating the rapid growth of dollars is more than just a parlor trick. It’s one of the most important concepts that investors need to learn — the younger they are when they learn it, the better.
Read more at CNBC.
Vivian Majors spent her life cleaning houses while her husband, Martin, worked as a carpenter. Their bodies broke down in their 60s. She is now 71, living on her own and struggling to pay her bills. He is in a nursing home and has Parkinson’s disease. She survives on a $960 monthly social security check and $50 in food stamps. Hardened by years of physically taxing work that left her hovering around the poverty line, Majors, now retired, is girding herself for more years of financial hardship.
Elderly poverty was supposed to be a thing of the past. Social security supposedly wiped out the scourge of old-age penury, signaling one of the great social-policy triumphs of the modern era. But this is far from the whole story. Inequality, which has grown markedly in Europe and North America since the 1970s, has widened the gap between the secure and insecure in all age groups, and has exposed American seniors to financial distress in ways that often go unnoticed.
Read more at The Guardian.
American farmers have been among the hardest hit by the U.S. trade war with China. With no deal between the world’s two largest economies in sight, the Trump administration unveiled a second emergency aid plan Thursday to help offset agricultural losses. William Brangham talks to Iowa Public Television's Delaney Howell about farmers' support for President Trump and what they want more than aid.
Read more at PBS News.
A federal judge on Friday temporarily blocked a Mississippi law that would ban most abortions once a fetal heartbeat is detected, at about six weeks of pregnancy.
“Here we go again,” U.S. District Judge Carlton Reeves wrote in his order. “Mississippi has passed another law banning abortions prior to viability.”
Read more at PBS News.
The Supreme Court on Friday put on hold court orders in Michigan and Ohio to redraw electoral maps that federal judges found were too partisan.
The high court action comes as it is weighing cases from Maryland and North Carolina that raise similar issues and could affect redistricting everywhere.
Read more at PBS News.
The Trump administration moved Friday to revoke newly won health care discrimination protections for transgender people, the latest in a series of actions that aim to reverse gains by LGBTQ Americans in areas ranging from the military to housing and education.
The Health and Human Services Department released a proposed regulation that in effect says “gender identity” is not protected under federal laws that prohibit sex discrimination in health care. It would reverse an Obama-era policy that the Trump administration already is not enforcing.
Read more at Associated Press News.
The U.S. will send hundreds of additional troops and a dozen fighter jets to the Middle East in the coming weeks to counter what the Pentagon said is an escalating campaign by Iran to plan attacks against the U.S. and its interests in the region. And for the first time, Pentagon officials on Friday publicly blamed Iran and its proxies for recent tanker bombings near United Arab Emirates and a rocket attack in Iraq.
President Donald Trump told reporters Friday that the 1,500 troops would have a “mostly protective” role as part of a build-up that began this month in response to what the U.S said was a threat from Iran.
Read more at Associated Press News.
A Wisconsin man was sentenced Friday to life in prison for kidnapping 13-year-old Jayme Closs and killing her parents after the girl told the judge she that wanted him “locked up forever” for trying to steal her.
Jake Patterson, 21, pleaded guilty in March to two counts of intentional homicide and one count of kidnapping. He admitted he broke into Jayme’s home in October, gunned down her parents, James and Denise Closs, made off with her and held her under a bed in his remote cabin for 88 days before she made a daring escape.
Read more at Associated Press News.
New research indicates that residents of neighborhoods with a history of redlining – a New Deal-era policy that denied mortgages for homes in "high-risk" areas, often disenfranchising people of color – are more than twice as likely to head to the emergency rooms for asthma-related health problems than residents of other communities.
Jointly produced by the University of California-Berkeley and the University of California-San Francisco, the analysis released this week also found that the air in once-redlined neighborhoods have significantly higher levels of pollution from diesel engine exhaust, which has been linked to respiratory problems.
Read more at US News.