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Daily Archives: February 1, 2018

Nordstrom is planning to close one of its stores as take-private efforts could resume

Nordstrom is planning to close a full-line department store in Salem, Oregon, affecting about 130 nonseasonal employees. The announcement Thursday comes as Nordstrom family members are planning to resume their efforts to go private later this year, but challenges may still lie ahead, sources have told CNBC. Those challenges include cobbling enough financing together to…

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Surging rates won’t hurt rally, thanks to ‘extraordinary’ earnings impact from Trump tax cuts, says Ed Yardeni

Even though the 10-Year Treasury yield is trading around the highest level since April 2014, Wall Street veteran Edward Yardeni doesn't see it hurting the stock market rally. The Yardeni Research president said the "nirvana scenario" will stick around this year. "Tax reform is just having an extraordinary impact on earnings. Analysts since the tax…

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Trump audience figures boast questioned

Image copyright Getty Images Image caption Mr Trump addressed Congress on Tuesday night US President Donald Trump's boast that TV viewership for his speech to Congress this week was the "highest number in history" is under scrutiny. Nielsen, which tracks US TV ratings, says Mr Trump's 45.6m viewers falls short of the numbers who tuned…

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Fake porn videos deleted from internet

Image caption Emma Watson is among several actresses who have had their faces merged with pornography Pornographic videos that used new software to replace the original face of an actress with that of a celebrity are being deleted by a service that hosted much of the content. San Francisco-based Gfycat has said it thinks the…

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Laura Benanti’s Melania is trapped in an ‘ocean of loneliness’ on ‘The Late Show’

Laura Benanti impersonates First Lady Melania Trump on 'The Late Show' Wednesday. (Photo: Scott Kowalchyk/CBS) Stephen Colbert still had punchlines to hurl even after his live show following President Trump's first State of the Union. Late Show writers delivered zings to No. 45 via Laura Benanti's Melania Trump Wednesday. Commenting on news that the first lady traveled to…

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