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Dec 13

Highlights:

New Home…

Apple announced it will build a $1 billion new corporate campus in Austin. The new campus could eventually create 15,000 jobs as the iPhone maker makes good on its promise to add to the U.S. economy. The tech giant will also establish new offices in Seattle, San Diego, and Culver City, adding as many as 1,000 jobs for each city. Earlier this year, Apple announced it would invest $30 billion in capital spending in the U.S. over five years, creating more than 20,000 jobs. The new 133-acre Austin campus will initially house technical support for customers and be located less than a mile from Apple’s existing facility.

Feelin’ The Love…

Procter & Gamble, maker of Tide and Old Spice, will acquire health and beauty startup Walker & Company. Financial terms were not disclosed. Walker & Co. , founded in 2013, makes razors, trimmers,
shave kits, lotions, and grooming products geared toward people of color. Its men’s line, Bevel, is designed to reduce razor bumps and irritation for men with coarse or curly hair, while Form, a premium shampoo and hair care line, is tailored for women with textured hair. Bevel and Form, will become a wholly owned subsidiary which will be lead by founder Tristian Walker.

Markets:
Asia: Asian stocks closed higher on Thursday as calm seems to have come back in fashion.
Europe: European stocks closed higher on news trump is more confident about a deal with China
U.S: U.S. markets closed higher on Wednesday as investors found reasons to believe. DJIA: +157.03 24,527.27 NASDAQ: +66.48 7,098.31 S&P: +14.29 2651.07
Word of The Day:

Russell 2000 Index

An index which measures the performance of approximately 2,000 small-cap companies of the Russell 3000 Index (an index made up of 3,000 biggest U.S stocks). The Russell 2000 serves as a benchmark for small-cap stocks in the United States.

In Dinner or Drink:

Cappuccino Shake

1 cup skim milk
1 1/2 tsp instant coffee
2 Sweetener
2 drops brandy or rum flavoring
1 dash cinnamon

In a blender, combine milk, coffee, sweetener and extract. Blend until coffee is dissolved. Serve with a dash of cinnamon. For a hot drink, pour into a mug and heat in a microwave.

Dec 10

Highlights:

Moving On…

Facing slumping cigarette sales and the treat of new federal regulations, Altria group is placing a $1.8 billion in a Canadian marijuana grower. The company has also decided it will discontinue its e-cigarette alternatives to Marlboro, Virginia Slims and Parliament cigarettes. Altria had been developing and marketing e-cigarettes for years but failed to get traction with younger consumers. Despite giving up its own e-cigarettes the company isn’t getting out of the e-cigarette business completely as it is in talks to to invest billions of dollars in a significant stake in Juul Labs. Although Altria dominates U.S. cigarette sales with 46% of the market, company is under pressure to shift strategies because of the decline in adult smokers and a proposed U.S. ban on menthol-flavored cigarettes.

Healthy…

Tivity Health Inc. is buying weight-management firm Nutrisystem Inc. in a cash and stock deal the companies value at about $1.4 billion. Tivity Health is the parent of fitness program SilverSneakers and focuses on customers that are ages 50 and older. Nutrisystem is the parent for both Nutrisystem and the South Beach Diet, a low-carb and high-protein eating plan. Nutrisystems chief executive, Dawn Zier, will become Tivity’s president and chief operating officer and join Tivity’s board when the deal is comoleted. Donato Tramuto will stay on as Tivity’s CEO. For every share of Nutrisystem owned, Nutrisystem shareholders will receive $38.75 a share in cash and about 0.21 shares of Tivity stock.
Markets:
Asia: Shares in Asia closed in the red on Monday following significantly weaker-than-expected Chinese trade data released over the weekend.
Europe: European shares closed up slightly on Friday despite another bumpy trading session on Wall Street.
U.S: U.S. markets tumbled again on Friday as a weaker-than-expected jobs report, tax loss selling, and China-U.S. trade tensions had investor running for the hills. DJIA: -558.72 24,388.95 S&P: -62.87 2,633.08 NASDAQ: -219.01 6969.25

Word of The Day:

Core Inflation

A measure of inflation that excludes certain items that could have temporary price which diverge from the overall trend in inflation and give a false measure of inflation.

Dinner or Drink:

Bourbon Ball

1 1/2 parts Bourbon
1/2-part Creme de Cocoa White Liqueur
1/2-part Hazelnut Schnapps Liqueur
Heavy Cream
Garnish Chocolate Shavings
Garnish Whipped Cream
Add Bourbon, Crème de Cocoa White Liqueur, Hazelnut Liqueur and heavy cream to taste. Shake and serve up or on the rocks. Garnish with whipped cream and chocolate shavings



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