Stockholm, Sweden…Today Professor Sara Danius, the Permanent Secretary of the Swedish Academy made the announcement for the 2016 Nobel Prize in Literature. The Nobel Prize in Literature 2016 was awarded to Bob Dylan “for having created new poetic expressions within the great American song tradition”. Bob Dylan was born on May 24, 1941 in Duluth, […]
San Francisco, CA…Wells Fargo & Company (NYSE: WFC) announced today that Chairman and Chief Executive Officer John Stumpf has informed the Company’s Board of Directors that he is retiring from the Company and the Board, effective immediately. The Board has elected Tim Sloan, the Company’s President and Chief Operating Officer, to succeed him as CEO, […]
Washington, DC…The State Department is deeply committed to protecting and strengthening the rights of girls worldwide, and on this fifth annual International Day of the Girl, we recognize that addressing the distinct challenges facing girls, particularly adolescent girls, is critical to our ability to achieve U.S. foreign policy goals, including gender equality. Poverty, gender-based violence, […]
Suwon, South Korea…Samsung Electronics announced a global replacement program and recall for the Galaxy Note7 as a precautionary measure due to a battery cell issue. Since the launch of the Galaxy Note 7 there have been hundreds of world wide reports of the device having critical battery failure and fires. Since then, Samsung has been […]
Washington, DC…The U.S. Census Bureau and the U.S. Bureau of Economic Analysis, through the Department of Commerce, announced today that the goods and services deficit was $40.7 billion in August, up $1.2 billion from $39.5 billion in July, revised. August exports were $187.9 billion, $1.5 billion more than July exports. August imports were $228.6 billion, […]
Washington, DC…In the week ending October 1, the advance figure for seasonally adjusted initial claims was 249,000, a decrease of 5,000 from the previous week’s unrevised level of 254,000. The 4-week moving average was 253,500, a decrease of 2,500 from the previous week’s unrevised average of 256,000. This is the lowest level for this average […]
Washington, DC…Our Secretary of State John Kerry released this statement yesterday- Nearly 200 nations made history in Paris last December, when they came together around the most ambitious, inclusive climate agreement ever negotiated. I was honored to represent the United States in those negotiations and to be in the conference hall as the text was […]
West Texas…Last Month Jeff Bezos CEO of both Amazon and Blue Origin announced that in early October the New Shepard Rocket would be launched for a fifth time. The proposed launch was to test the New Shepard rocket escape system.The escape system can quickly propel the crew capsule to safety if a problem is detected […]
Washington, DC…There are a couple different stories you can tell about our economy. One goes like this. Eight years after the worst economic crisis of our lifetimes, our economy has created jobs for 71 straight months. That’s a new record. Unemployment has fallen below five percent. Last year, the typical household saw its income grow […]
Washington, DC…The United States welcomes the interim report of the Joint Investigation Team on the shoot down of Malaysia Airlines Flight MH17. The Team’s interim findings corroborate Secretary Kerry’s statement in the days following the tragedy that MH17 was shot down by a BUK surface-to-air missile fired from Russian-backed, separatist-controlled territory in eastern Ukraine. The […]