KBR headquarters in Houston, TX.Courtesy: KBRCompany: KBR Inc (KBR)Business: KBR provides scientific, technology and engineering solutions to governments and companies around the world. The company operates through two segments: Government Solutions and Sustainable Technology Solutions. Its Government Solutions (GS) business segment provides full life-cycle support solutions to defense, intelligence, space, aviation and other programs and missions for military and other government agencies in the United States, the United Kingdom and Australia. Its Sustainable Technology Solutions (STS) business segment is anchored by process technology that spans ammonia/syngas/fertilizers, chemical/petrochemicals, clean refining and circular process/circular economy solutions.Stock Market Value: $7.91B ($59.36 per share)Stock…
Author: usaeverydaylife
Specific sectors of the market could be standout winners once President-elect Donald Trump returns to the White House on Monday, according to Alpine Macro. Those pockets include small caps, industrials, fossil energy, and aerospace and defense stocks, Dan Alamariu, the firm’s chief geopolitical strategist, wrote in a Thursday note. Specifically, he suggested investors go long on oil stocks and small-cap industrials, and short on crude oil prices, alternative energy and specialty retailers. Alpine Macro’s picks come as stocks linked to the so-called Trump trade came back to life this week, including the Russell 2000 and defense and energy stocks. More…
With the prospect of TikTok disappearing in the U.S., creators on the app spent the week posting heartfelt goodbyes to their fans.”I never even in a million years ever thought that anybody would ever just care about what I say,” Kimberly Rhoades, a creator of humorous videos, told her 3 million followers on Thursday. “If this app goes away, it was a beautiful, beautiful ride.”A day later, the Supreme Court ruled 9-0 to uphold the law requiring a forced sale of TikTok by Chinese-parent ByteDance or a ban of the app in the U.S. The short-form video app that rose…
Rupee coin.Abhishek Mehta | Moment | Getty ImagesIndia will likely cut its disinvestment and asset monetization target by 40% for 2024-25 in the federal budget to be presented next month, The Economic Times newspaper reported on Saturday, as planned sales of state-run firms run into a host of setbacks.The government will likely revise the target to less than 300 billion rupees ($3.47 billion) from the initial 500 billion rupees, the newspaper said, citing people aware of the deliberations.The government may set the target at about 450 billion rupees to 500 billion rupees for the next fiscal year, as it intends…
South Korea’s impeached President Yoon Suk Yeol arrives at the Corruption Investigation Office for High-ranking Officials (CIO), in Gwacheon, South Korea, January 15, 2025. Korea Pool | Via ReutersSouth Korea’s impeached President Yoon Suk Yeol attended a court hearing on Saturday to fight a request by investigators to extend his detention on accusations of insurrection. Yoon on Wednesday became the country’s first sitting president to be arrested, in a criminal probe related to his short-lived declaration of martial law on Dec. 3. Investigators requested a detention warrant on Friday to extend their custody of Yoon for up to 20 days. He…
It has become a cliché to lament that the U.S. government no longer does big, audacious things. But banning TikTok — a social media platform that roughly half of Americans use — would certainly qualify as big and audacious.That outcome became more likely yesterday, even if it is far from assured. The Supreme Court unanimously upheld a bill that Congress passed last year forcing ByteDance, the Chinese company that owns TikTok, to sell it. If ByteDance refuses, as Chinese officials have so far insisted, the app will no longer be available for downloads or updates in the U.S. as early…
Jose Maria Alvarez-Pallete, CEO of Telefonica, during a keynote at Mobile World Congress 2024 in Barcelona, Spain, on Feb. 26, 2024. Nurphoto | Nurphoto | Getty ImagesA group of shareholders of Spanish telecom company Telefonica led by state-owned investment fund SEPI have called for a board meeting to replace Chief Executive Jose Maria Alvarez-Pallete, El Confidencial news website reported on Saturday, citing unnamed sources close to the talks.The leading candidate to replace Alvarez-Pallete is Marc Murtra, currently executive chairman of defence company Indra, whose largest shareholder is SEPI, El Confidencial added. Telefonica declined to comment, a SEPI spokesperson did not immediately…
The Israeli authorities are making preparations to welcome home dozens of hostages held incommunicado by Hamas for over a year in Gaza, without knowing whether they will return starved, traumatized or dead.Thirty-three hostages are supposed to be freed in the first phase of the Gaza cease-fire agreement between Israel and Hamas, in the first such major release since a weeklong cease-fire seven weeks into the war. Some families have caught glimpses of their loved ones in Hamas-directed hostage videos. But it is far from clear in what condition the captives will return.At Israeli hospitals, health officials have been preparing isolated…
People react to the reports of a possible Gaza ceasefire and hostage release deal being reached during a rally calling for the return of captives held in the Gaza Strip on Jan. 15, 2025 in Tel Aviv, Israel. Amir Levy | Getty Images News | Getty ImagesQatar’s foreign ministry said the ceasefire between Israel and Hama s will go into effect at 0630 GMT on Sunday.The ceasefire will pause the fighting after 15 months of war and see the release of dozens of hostages held by the militants in the Gaza Strip and hundreds of Palestinians imprisoned by Israel.Israel’s Cabinet approved the deal early on…
new video loaded: On a Raid With Syria’s New Security ForcestranscriptBacktranscriptOn a Raid With Syria’s New Security ForcesAfter the fall of the Assad regime in Syria, The New York Times joined a group of former rebel soldiers trying to enforce law and order in a country grappling with the ghosts of its past.We’re in Latakia, riding with security forces just 10 days after the collapse of the Syrian government led by former President Bashar al-Assad. They tell us one of their missions here is trying to find and arrest members of the old regime. The greater goal, they say, is…
