The shooter also died, and a second student was critically wounded at North Park School. The gunman was identified as 53-year-old Cedric Anderson, of Riverside, who shot his wife, Elaine Smith, also 53. She was a teacher in the special-needs classroom for students in first through fourth grades. The boy who died was identified as Jonathan Martinez. The 600 other students at the school were bused to safety at California State University’s San Bernardino campus, several miles away.

Even Emerging Markets are seeing an improving earnings picture. The picture is the same for the full year: across the board, overseas earnings estimates look better than the U.S.:Global earnings 2017(estimates)S&P 500 up 10.0%Japan up 12.1%Europe up 14.4%Emerging Markets up 19.3%Source: JPMorgan CazenoveInvestors have responded. Overseas markets have either performed in-line or outperformed U.S. markets year-to-date:Global markets 2017(YTD)S&P 500 up 5.5%Europe (STOXX 600) up 5.5%Phillipines up

The White House is giving itself wiggle room on a tax-reform timeline. Senate Majority Leader Mitch McConnell notably has said tax reform will likely take longer than August. The White House press secretary added that he hopes middle-income Americans have a tax cut by the time they file their tax returns next spring. Spicer also suggested in February that the White House would release a tax plan in the following weeks, though it has not done so yet. Watch: Challenges for GOP tax reform plan

“If the next few months reveals a further decline in auto sales, we need to pay attention to that because it will feed back to the economy directly. Economists say they are watching to see if sales have peaked, after the annualized selling pace touched 18 million late last year. BofA’s auto analyst John Murphy expects auto sales to total 17.9 million annualized selling pace this year, and that means autos could provide a 0.1 percent point bump to growth. The inventory to sales ratio has been ris

Shares of Whole Foods Market jumped nearly 10 percent on Monday after activist investor Jana Partners took a nearly 9 percent stake in the company and suggested it should consider putting itself up for sale. “Whole Foods Market welcomes investment in the company and is open to the views and opinions of all of our shareholders,” Whole Foods spokeswoman Brooke Buchanan responded, in a statement late Monday. Buchanan added that the retailer remains “committed to driving value for all Whole Foods Ma

The U.S. Preventive Services Task Force, an independent and influential panel of experts, published new guidelines Tuesday for screening for prostate cancer for the first time in five years. The new recommendations: Men ages 55 to 69 should “make an individualized decision about prostate cancer screening with their clinician.” Davies says the recommendations not to screen for prostate cancer likely resulted in deaths that could have been avoided. Prostate cancer is the most common cancer in Amer

Citigroup, Wells Fargo and JPMorgan are all slated to report earnings on Thursday, and from a technical standpoint, Gordon believes investors should still bet against the banks. An example Gordon brings up is Wells Fargo, hovering near the $55 level that it last hit back in January. Gordon sees this $122 as being especially important as it signals that TLT is “threatening to break.” “I’m not going to put a stop on this; I’m fully comfortable taking the $38 of risk, so I’m going to carry this rig

The safe-haven yen rose broadly in European trading on Tuesday, as investors considered a spectrum of risks including possible U.S. action in Syria and North Korea, and a resurgence in previously written-off contenders in France’s presidential race. The possibility of some kind of U.S. military action against North Korea in response to its weapons tests grew after U.S. missile strikes against Syria last week in retaliation for a chemical weapons attack on civilians. The dollar extended earlier l

Gold rose on Tuesday as investors sought assets seen as havens from risk as political and security tensions rose over North Korea, the Middle East and the looming French election. Spot gold inched up 0.15 percent to $1,256.10 per ounce by 0935 GMT, while U.S. gold futures rose 0.5 percent to $1,259.50. Heightened tensions in the Korean peninsula and Middle East following U.S. missile strikes on Syria, along with uncertainty about the result of the upcoming French presidential election,have made

Crude oil eased from a five-week high on Tuesday as rising U.S. shale oil production offset concerns over geopolitical tensions in the Middle East and output cuts being made to support prices. The international benchmark for oil prices, Brent crude futures, were down 20 cents, or 0.36 percent, from its previous close at $55.78 per barrel at 0702 GMT. Earlier, Brent had climbed to its highest since March 7 at $56.16 a barrel. U.S. West Texas Intermediate (WTI) gave up 15 cents, or 0.3 percent, to

Asian equities finished mixed on Tuesday, as investors paid particular attention to Toshiba’s twice-delayed earnings results and as geopolitical tensions continued to weigh. In corporate news, Foxconn has offered a $27 billion bid for Toshiba’s memory chip unit, the Wall Street Journal reported. Toshiba put its NAND flash memory unit up for sale last month in a bid to cover billions in losses from its U.S. nuclear energy unit Westinghouse. The Japanese conglomerate may file twice-delayed earning

The FCC had said in 2013 it would consider allowing air travelers to make mobile phone calls, but never finalized it. “I stand with airline pilots, flight attendants, and Americas flying public against the FCCs ill-conceived 2013 plan to allow people to make cellphone calls on planes. I do not believe that moving forward with this plan is in the public interest,” FCC Chairman Ajit Pai said in a statement. Pai’s statement goes against a much-maligned plan, which was proposed after then-FCC chair

Nvidia shares dropped after BMO Capital Markets shared bearish supply chain data on graphics card shipments in a note to clients Sunday. The stock declined 2 percent midday Monday after the report and is now down by more than 7 percent on the year. “We believe this represents weakness in the channel versus the super-charged growth we have seen in the past several quarters, particularly for Nvidia’s graphics business,” analyst Ambrish Srivastava wrote. “We also believe this data suggests that wea

With Tesla’s market capitalization now greater than those of Ford and General Motors, founder Elon Musk is also adding to his billions. According to the Bloomberg Billionaires Index, Musk has added $2.21 billion to his net worth this year. The CEO owns roughly 20 percent of Tesla’s outstanding shares, which are up more than 40 percent this year. Along with his Tesla shares, Musk owns an undisclosed chunk of SpaceX, his aerospace venture. In both cases, the Tesla chief is now among the 100 riches

Toshiba will file its twice-delayed October-December results as early as noon (0300 GMT) Tuesday, with a disclaimer of opinion from auditors, a source briefed on the matter told Reuters. The troubled Japanese conglomerate is expected to hold a press conference around 0700 GMT, the source said. Toshiba has failed to file audited earnings for the three months through December with the authorities, as the accountants question the numbers at the company’s U.S. nuclear subsidiary Westinghouse Electri

United CEO Oscar Munoz doubled down in a letter to employees on Monday evening, claiming that employees “followed established procedures” when removing a passenger from a plane because it was overbooked, and calling the passenger “disruptive and belligerent.” United had to ask several passengers who had already boarded a flight from Chicago to Louisville on Sunday evening to leave, as the airline had sold too many tickets. One man refused to leave, and United called airport officials, who forcib

Less than three months after being sued by Apple for $1 billion, chipmaker Qualcomm is countersuing the iPhone maker in a dispute over licensing fees for mobile technology. Qualcomm said on Monday that it filed its answers and counterclaims to the suit, seeking unspecified damages and to “enjoin Apple from further interference with Qualcomm’s agreements with the companies that manufacture iPhones and iPads for Apple.” The legal battle is the centerpiece of a high-stakes dispute between the world

Tesla rose 3 percent in Monday trading following a big analyst upgrade, and shares of the automaker could see further upside, according to one technical analyst. Its breakout at the $290 level is now technical support, Wald wrote, “and argues for additional gains over the coming months.” Piper Jaffray on Monday raised its price target to $368 from $223, and upgraded its rating from “neutral” to “overweight.” Piper Jaffray now holds the stock’s most bullish price target of any large firm on Wall

This tablet could be better than Apple’s iPad 21 Hours Ago | 02:51If you’re looking for a good alternative to the iPad Pro, and don’t want the new iPad, the Samsung Galaxy Tab S3 is your next best bet. The Galaxy Tab S3 follows last year’s Galaxy Tab S2, which seemed to pass under most people’s radars even though it was a solid slate. This year’s model kicks butt, and it’s easily one of the best tablets you can buy right now. It even outclasses the iPad Pro 9.7 in a few important areas, though t

The organization, which is now in 4 prisons with plans to expand, was founded by venture capitalist Chris Redlitz and his wife Beverly Parenti, after Redlitz visited San Quentin in 2010 and was impressed by its business-savvy occupants. “Many wanted to start businesses, they wanted to learn how to invest, and they wanted to understand what it was like in the real world,” he said. Parenti said the driving force behind starting the program was realizing how much money is wasted on locking up crimi