The ‘Scammys’: Ariana Grande, Lana Del Rey fans not impressed with Grammys winners
The “Scammys” began to trend after Billie Eilish took home five Grammy Awards at Sunday night’s awards show.
Eilish won for Best New Artist, Record of the Year, Album of the Year, Song of the Year and Best Pop Vocal Album. Ariana Grande and Lana Del Rey fans were not impressed.
Intel, UnitedHealth share losses contribute to Dow’s nearly 350-point fall
Shares of Intel and UnitedHealth are seeing declines Monday afternoon, leading the Dow Jones Industrial Average selloff. Shares of Intel INTC, -3.02% and UnitedHealth UNH, -3.11% have contributed to the blue-chip gauge’s intraday decline, as the Dow DJIA, -1.18% was most recently trading 342 points (1.2%) lower. Intel’s shares are down $2.14, or 3.1%, while those of UnitedHealth are off $9.10 (3.1%), combining for an approximately 76-point drag on the Dow. American Express AXP, -2.93%, Dow Inc. DOW, -2.75%, and Caterpillar CAT, -2.52% are also contributing significantly to the decline. A $1 move in any one of the 30 components of the Dow results in a 6.78-point swing.
Remembering Kobe Bryant beyond basketball
In today’s podcast, we look at how Kobe Bryant’s legacy stretches beyond basketball and that of the sporting world following his death in a helicopter crash at the age of 41.
And on a painful day for survivors of the Holocaust, we look at how the liberation of Auschwitz is remembered.
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Two-Year Note Auction Attracts Above Average Demand
The Treasury Department kicked off this week’s announcements of the results of its long-term securities auctions on Monday, revealing that its auction of $40 billion worth of two-year notes attracted above average demand.
The two-year note auction drew a high yield of 1.440 percent and a bid-to-cover ratio of 2.65.
The Treasury also sold $40 billion worth of two-year notes last month, drawing a high yield of 1.653 percent and a bid-to-cover ratio of 2.30.
The bid-to-cover ratio is a measure of demand that indicates the amount of bids for each dollar worth of securities being sold.
The ten previous two-year note auctions had an average bid-to-cover ratio of 2.58.
The Treasury is due to announce the results of its auction of $41 billion worth of five-year notes later today, while the results of its auction of $32 billion worth of seven-year notes will be revealed on Tuesday.
Kei Kobayashi is first Japanese chef to get three Michelin stars in France
PARIS (AFP) – Chef Kei Kobayashi made history Monday (Jan 27) by becoming the first Japanese chef to win the maximum three Michelin stars in France.
The 42-year-old, who was born in Nagano, admitted that his perfectionism can make him a “difficult person” to work with as he picked up the award in Paris.
He opened his restaurant, Kei, in centre of the French capital, nine years ago, and already had two Michelin stars.
Go to ST Food for more trusted reviews and recipes
European Economics Preview: German Ifo Business Confidence Data Due
Business confidence survey data from Germany is due on Monday, headlining a light day for the European economic news.
At 1.00 am ET, Statistics Finland releases monthly consumer confidence survey results for January. In the meantime, industrial sentiment survey data is due.
At 2.00 am ET, Statistics Denmark issues retail sales data for December.
At 4.00 am ET, Germany’s ifo business sentiment survey report is due. The business confidence index is expected to rise to 97.0 in January from 96.3 in December.
Also, Poland’s unemployment figures are due. The jobless rate is seen at 5.2 percent in December versus 5.1 percent in November.
Half an hour later, UK Finance publishes mortgage approvals data for December.
Charting a virus-fueled downdraft, S&P 500 dives toward major support
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U.S. stocks are firmly lower early Monday, pressured as coronovirus-related uncertainty intensifies.
The early-week downdraft builds on shaky price action to conclude last week, including bearish reversal patterns on the S&P 500 and Nasdaq Composite. Amid the selling pressure, each big three U.S. benchmark has violated its 20-day moving average early Monday, a widely-tracked near-term trending indicator.
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Vancouver police reveal new video in connection with serious West End assault
Vancouver police have released new surveillance video in connection with a serious assault in Vancouver’s West End last November.
Police say officers were called to Thurlow Street north of Davie Street just before 1 a.m. on Nov. 30, where they found the injured victim.