At least nine U.S. citizens — including six children — were killed in what local media described as a highway ambush in the Mexican border state of Sonora late Monday, a family member told NBC News. Miller added that the victims lived in La Mora, which is about 75 miles south of the U.S. border. Miller named the victims as Christina Marie Langford Johnson, 29, Dawna Langford, 43, and Trevor Langford, 11, and Rogan Langford, two-and-a-half. Also slain were Rhonita Miller, 30, Howard Miller, 12, K

There’s a floating staircase in the middle, and Roemer loves champagne so much, she put a bar in the closet. “It cost me about $500,000 to do the closet,” Roemer tells CNBC. Closet inspired by ChanelThe Air Jordan room isn’t the only amazing closet in that South Florida mansion — that’s just the “his” closet. St. Moritz ClosetA massive St. Moritz house that was once the most expensive home for sale in Switzerland has a pretty impressive master closet. Walk-in master closet designed and imported

The Portal TV is being sold along Facebook’s other Portal devices, which look and act like digital photo frames that also let you video chat. But I like the Facebook Portal TV way better than those, since video chatting on the biggest screen in my house is the best way to see and hear family and friends around the world. Just think of it as a video chat device that can do a little more, just not a whole lot more. You can block the camera on the Facebook Portal TV with a slider that covers it. Fa

Nigeria’s first-ever entry for the international feature film Oscar category, formerly known as best foreign film, has been disqualified because it contained too much English dialogue. However, Ava DuVernay, a fellow director, was quick to point out that English is Nigeria’s official language. “You disqualified Nigeria’s first-ever submission for Best International Feature because its in English,” DuVernay wrote in a tweet. In April, the Academy changed the name of the foreign film award to inte

One week after Microsoft was awarded a $10 billion cloud contract by the Department of Defense over Amazon, Oracle is reviving charges that the agency’s conflicts with Amazon Web Services tarnished the process. According to the brief, “DoD was apparently unaware” of the officials’ conflicts due to “lax oversight,” and in one case, “deception” on the part of one of the officials. The legal challenge may not be the last the Defense Department sees over the JEDI contract. This summer, Trump questio

The median return was 5.92% and all seven times led to gains the rest of the year. The S&P 500 is up more than 20% this year, and if history is any gauge, this is bullish for stocks through year-end. Despite some overhang from trade and the steepness of the yield curve flashing recession signals, economic activity is strong, and that drives earnings and rallies the market. Cannacord also noted that the returns of the S&P 500 the year after the October run-up shows 2020 could be a big year for eq

An employee helps a guest at the Waldorf Astoria in New York City. U.S. service companies grew at a faster pace in October after sinking to a three-year low in September. The Institute for Supply Management, an association of purchasing managers, reported Tuesday that its service index grew to 54.7% last month, up from 52.6% in September. The service sector, which accounts for more than two-thirds of U.S. economic activity, has been expanding for 117 straight months, according to the survey-base

Billionaire investor Paul Tudor Jones believes the S&P 500 would plunge 25% if Sen. Elizabeth Warren clinches the 2020 election, but sees another 15% upside for the market if President Donald Trump wins re-election. The same Tudor survey found that the firm expected the stock market to rally about 15% to 3,600 if Trump secures a second term. Jones also critiqued those who’d claim a president has little impact on the direction of the stock market. Ronald Reagan, when he became president, was a hu

Job openings hit their lowest level in 18 months in September as the labor market continued to tighten, according to a Labor Department release Tuesday. Total vacancies fell to 7.02 million for the month, a decline of 277,000 from August, the Jobs Opening and Labor Turnover Survey showed. The jobs openings rate fell to 4.4% from 4.6% in August. However, the total number of job openings still is well ahead of the reported 5.8 million people looking for work during the month. Hires increased by 50

Goldman Sachs is sticking with its buy rating on Under Armour, even after shares plunged following disappointing quarterly update and the revelation of a federal investigation into the apparel maker. “We come away from results with our long-term thesis intact,” Goldman Sachs analyst Alexandra Walvis wrote in a note to investors. The firm removed the stock from its list of favorite stocks, but maintained a buy rating. Under Armour delivered third-quarter results that beat Wall Street’s expectatio

A Beyond Burger, a vegan veggie burger, is seen at the Vedang fast food restaurant in the Mall of Berlin on May 18, 2019 in Berlin, Germany. With fast food chains such as Burger King, Chick-Fil-A, Taco Bell and Dunkin’ Donuts now offering ‘fake meat’ versions of their main meal options, the vegan burger industry is booming, as consumers look beyond real meat products out of health and environmental concerns. It’s finally “time to beef up” on Beyond Meat following the stock’s dramatic descent sin

NEW YORK, NY – MAY 2: Beyond Meat CEO Ethan Brown (C) celebrates with guests after ringing the opening bell at Nasdaq MarketSite, May 2, 2019 in New York City. Here are the biggest calls on Wall Street on Tuesday:Bernstein upgraded the alternative meat company and said it sees a risk/reward “skewed towards the upside” after the company’s IPO lock-up expiration. “Beyond Meat’s stock price plunged from ~$148 in early October to ~$100 ahead of the IPO lock-up expiry and further declined to ~$80 aft

Another nearly-new 737 Max crashed in Ethiopia less than five months later. Muilenburg, a three-decade Boeing employee who became CEO in 2015, could forgo bonuses even longer. Last week’s two days of hearings were tough for Muilenburg, Calhoun said. Some of Boeing’s 737 Max customers, including Southwest and American, have complained about hundreds of millions of dollars in lost revenue because of the Max grounding. READ MORE: Lawmakers call for Boeing CEO to step down, but Wall Street thinks ot

McDonald’s stock tumbled to seven-month lows after CEO Steve Easterbrook was ousted for having a consensual relationship with an employee. Five experts weigh in on what comes next for the fast-food giant. Jeffrey Sonnenfeld, senior associate dean at Yale, says new CEO Chris Kempczinski’s credentials are impressive. This is one where it’s pretty obvious that the stock has been under a lot of pressure. David Palmer, senior managing director at Evercore ISI, says McDonald’s needs to step it up to c

President Donald Trump on Tuesday said that the United States is willing to help Mexico “wage WAR on the drug cartels” in the country, following the deaths of at least nine Americans, including six children, who reportedly came under attack in a highway ambush in a Mexican border state Monday. “If Mexico needs or requests help in cleaning out these monsters, the United States stands ready, willing & able to get involved and do the job quickly and effectively,” Trump wrote on Twitter. “This is th

The man selected to run the Edge as both chief executive and managing director is Faisal Al Bannai. Al Bannai was formerly a managing director at UAE cybersecurity company DarkMatter. Edge will combine 22 private firms with government-owned Emirates Defence Industries Company, Emirates Advanced Investments Group, and Tawazun Holding. It is estimated that 12,000 people will be employed under the defense giant. We have always lived in an interesting neighborhood in that regard,” said Al Bannai.

VIENNA, AUSTRIA – 2018/06/20: OPEC logo is seen at the Organisation of Petroleum Exporting Countries (OPEC) building in Vienna. (Photo by Omar Marques/SOPA Images/LightRocket via Getty Images)OPEC has downwardly revised its forecast for global oil demand growth over both the medium-term and long-term, citing tough market conditions and “signs of stress” in the world economy. In its closely-watched annual World Oil Outlook (WOO), the Middle East-dominated producer group said Tuesday that the last

The Chinese yuan soared past 7 per U.S. dollar on Tuesday, climbing to a fresh three-month high as investors became increasingly hopeful about the chances of a possible trade deal between the world’s two largest economies. The currency jumped above the key benchmark and reached its highest level since August 5, trading at $6.9912 according to Reuters data. The psychologically important 7 per U.S. dollar level had been a key support for years until early August — when the country’s central bank a

Former Prime Minister of Great Britain and Northern Ireland Tony Blair speaks during the Web Summit 2018 in Lisbon, Portugal on November 7, 2018. “The worry all the time, I think not just in Europe but outside — is where does the U.S. stand in this slightly difficult space between ‘America First’ and ‘America Alone’?,” Tony Blair, the U.K. prime minister from 1997 to 2007, told CNBC Tuesday. Blair said the rise of non-Western powers like China in the 21st century made a strong alliance between t

Negotiations for the trade pact began in 2013 and India’s reluctance to open up its markets has been one of the major obstacles over time. Singh also did not say if India would consider joining the trade pact at a later date. What this meansThe trade pact is due to be signed next year, according to Thailand. She explained affirmation to the free movement of goods, services, and capital within the region would help maintain ASEAN’s centrality in global trade. They added the Indian government will