PNC Financial’s Amanda Agati warns a winning Main Street trade may burn investors. According to the firm’s chief investment strategist, fundamentals don’t support small cap value’s recent strong run. “If you just look at things from a forward P/E [price to earnings] perspective, small cap value is at an all-time high, if you can believe
Month: July 2020
Caught on camera: This first-ever image of a multi-planet system around a Sun-like star shows the two planets (centre and bottom right) orbiting TYC 8998-760-1 (Courtesy: ESO/Bohn et al.) The first ever direct image of a young Sun-like star accompanied by two giant exoplanets has been captured by astronomers using the Very Large Telescope (VLT)
Bob and Jeanne Berney’s Picturehouse will open Marco Pontecorvo’s Fatima in theaters and direct to home (PVOD) throughout North America on Aug. 28. The pic was last scheduled for an Aug. 14, 1,000 theater-plus run. The distributor has been having sold out pop-up drive-in previews recently as part of their grassroots word-of-mouth digital marketing campaign. Picturehouse
WASHINGTON — Members of a NASA safety panel expressed continued concern about quality issues with Boeing’s commercial crew spacecraft while cautiously supporting SpaceX’s plans to fly reused spacecraft on future crewed missions. During a July 23 teleconference by the Aerospace Safety Advisory Panel, members discussed several reviews of issues with the uncrewed flight of Boeing’s
U.S. President Donald Trump stands next to a U.S. map of reported coronavirus cases as he speaks about the administration’s plan for reopening schools during a coronavirus disease (COVID-19) news briefing at the White House in Washington, July 23, 2020. Kevin Lamarque | Reuters President Donald Trump on Thursday moved to cancel the Jacksonville, Florida,
Exclusive A status hearing on Britney Spears‘ conservatorship never went down this week … because a group of people who had nothing to do with the case refused to get off the Zoom call so the judge could conduct a confidential hearing. The plan was routine — every 3 months or so, the judge calls
A general view of the Centers for Disease Control and Prevention Edward R. Roybal campus in Atlanta, Georgia on April 23, 2020. Tami Chappell | AFP | Getty Images With some school districts just weeks away from the start of the academic year, the Centers for Disease Control and Prevention released long-awaited guidelines for reopening with a
A hardcore Marvel Cinematic Universe fan has taken the posters for Avengers: Endgame and Infinity War and combined them. Endgame is the highest grossing movie of all time, and it will likely stay that way since Avatar 2 was just delayed indefinitely. Regardless of box office success, both movies put an end to the Infinity
Moderated by Dominic Patten of Deadline Hollywood, the Comic-Con@Home virtual panel of all things Star Trek moved swiftly from the welcome by executive producers, Alex Kurtzman and Heather Kadin, through to panels with the casts of Star Trek: Discovery, Star Trek: Lower Decks, and ending with Star Trek: Picard. Kadin dropped the big reveal at
Electric Lit relies on contributions from our readers to help make literature more exciting, relevant, and inclusive. Please support our work by becoming a member today, or making a one-time donation here. . Gov. Pritzker issued a stay-at-home order for Illinois starting on March 21st. Ever since then, I’ve been watching Chicago out of my
United Auto Workers members leave the Fiat Chrysler Automobiles Warren Truck Plant after the first work shift, Monday, May 18, 2020, in Warren, Mich. Paul Sancya | AP Ford Motor and Fiat Chrysler are hiring temp workers and General Motors is restructuring shifts at an assembly plant in Missouri as the auto industry battles to keep factories running
Treasury Secretary Steven Mnuchin said Thursday that any ongoing government assistance to combat the economic slowdown from the coronavirus pandemic will not be a bailout for states. “On the state issue, the president is not going to bail out Chicago and New York and other states that prior to the coronavirus were mismanaged,” he said
Just because Warner Bros. took Christopher Nolan’s Tenet temporarily off the release schedule doesn’t mean that the No. 1 theater chain isn’t going to reopen. AMC announced this morning that it planning to reopen its multiplexes beginning mid-to-late August instead of the previously announced date of July 30. The chain didn’t go into details in its
Hyvinkää, FINLAND — China’s Tianwen-1 Mars mission launched successfully Thursday, initiating a phase of deep space and interplanetary exploration. A Long March 5 rocket launched the Tianwen-1 orbiter and rover from Wenchang Satellite Launch Center at 12:41 a.m. Eastern. Successful Trans-Mars injection was confirmed around 40 minutes later by the China Aerospace Science and Technology
The Republican coronavirus relief plan will extend enhanced unemployment insurance “based on approximately 70% wage replacement,” Treasury Secretary Steven Mnuchin said Thursday. He spoke to CNBC about the state of negotiations hours after Senate Republicans and the Trump administration said they reached a tentative deal on legislation they say will serve as a starting point in
Taylor Swift will release a new album, folklore, at midnight Eastern tonight (July 23). She announced the surprise Lover follow-up without fanfare this morning via Instagram. The album’s 16 tracks feature no pre-release singles. The National’s Aaron Dessner co-wrote or produced 11 tracks, and Bon Iver co-wrote and sings on one. Other collaborators include Jack
The number of Americans who filed for unemployment benefits rose more than expected last week as the coronavirus pandemic continues to batter the U.S. economy. The Labor Department said Thursday initial jobless claims increased by 1.416 million for the week ending July 18. Economists polled by Dow Jones expected initial claims to rise by 1.3
Cinematic is the best way to describe Valentino’s haute couture collection for the Fall 2020 season. This morning, via livestream, the Italian label’s creative director, Pierpaolo Piccioli, took full advantage of the video format that has become part and parcel in the fashion industry to bring viewers into a realm of fantasy. The mini film,
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