GE Exits Dow Jones as Walgreens Replaces It
GE is removed from the Dow Jones industrial average, replaced by Walgreens Boots Alliance, signaling a shift toward consumer and health care sectors. Analysts warn of potential technical selling as funds rebalance while GE’s long decline from a 126 year peak continues amid weak demand, cash flow issues, activist pressure and an SEC probe.
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General Electric
Walgreens Boots Alliance
Deane Dray
RBC Capital Markets
Dow
U.S
National Lead
Tennessee Coal and Iron
U.S. Rubber
Dow Overseers
Walgreens
Airlines and Greyhound pulled into border separation debate
U S airlines American United and Frontier urged the government to stop using their planes to transport migrant children separated from families, citing moral concerns. The move follows an executive order to keep families together in custody while facing illegal crossing prosecutions, amid broadened corporate and public critique. Greyhound also faced pressure as the ACLU and lawmakers urged the company to halt raids on board, with spokespeople saying they do not support or coordinate searches and merely comply with law.
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U.s.-Mexico
U.S
United Airlines
Oscar Munoz
Frontier Airlines
Trump
Administration
White House
The
Houston Chronicle
Hunt Palmquist
Facebook
Mark Zuckerberg
Texas Civil Rights Project
Apple
Tim Cook
Dublin
Greyhound
ACLU
Congress
Loomberg
American Airlines
Frontier
Easier Mortgage Approvals Raise Risk Levels in Loans
CoreLogic analysis shows looser Fannie Mae and Freddie Mac guidelines increasing conventional conforming loan approvals for slightly riskier borrowers. Full income documentation remains required, and the share of loans with debt-to-income above 45 percent rose from 5–7 percent in 2012 to 20 percent in early 2018, with the $453,100 loan cap varying by market.
MENTIONED IN THIS ARTICLE
Fannie Mae
Freddie Mac
CoreLogic
Disney agrees to pay 71 billion for Fox assets
Walt Disney and 21st Century Fox reach a 71.3 billion dollar deal for Fox entertainment assets surpassing Comcast. Fox calls the amended agreement superior and its board accepts subject to shareholder approval while keeping room to evaluate competing bids. Fox shareholders would get 38 dollars per share in cash or Disney stock or a 50 50 mix.
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New York
Walt Disney
21St Century Fox
Disney
Fox Entertainment
Comcast
Fox
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Immigration
Washington Post
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