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Under Armour, Intel CEOs Are Latest to Resign From Trump Council

Aug 15, 2017, 12:19 pm EDT

The CEOs of Under Armour Inc (NYSE:UA,UAA) and Intel Corporation (NASDAQ:INTC) are the latest to resign from President Donald Trump’s Manufacturing Council.

Both of the CEOs made the decision to leave the Trump council following his remarks concerning the violent protests that took place in Charlottesville, Va., over the weekend.

Here’s what Under Armour CEO Kevin Plank has to say about the decision. Read 

What Declaring Opioid Crisis as a National Emergency Means

Aug 11, 2017, 1:49 pm EDT

The opioid crisis has been declared a national emergency by President Donald Trump. Source: ©iStock.com/cheyennezj

The POTUS made the announcement at his golf club in Bedminster, New Jersey. “It’s a national emergency,” he said. “We’re going to spend a lot of time, a lot of effort and a lot of money on the opioid crisis.”

Trump proclaimed that the U.S. will win the war against the drug epidemic that has been ravaging the country in recent years as anxiety and depression rates also continue to rise. He added that the problem is unlike any this country’s ever faced. Read 

Where Is Guam? Will North Korea Strike?

Aug 9, 2017, 3:17 pm EDT

Where is Guam?

North Korea has threatened to launch a strike on the U.S. territory with “medium-to-long-range strategic ballistic missiles,” according to KCNA. Guam has a large military presence, and the Asian country is considering attacking Andersen Air Force Base “to send a serious warning signal to the US.”

The U.S. island territory is located in Micronesia, in the Western Pacific. Guam is roughly 2,131 miles away from North Korea, making it the closest piece of U.S. territory to the Asian country. Read 

Obamacare Premiums to Rise Double Digits in California for 2018

Aug 2, 2017, 12:51 pm EDT

Obamacare premiums in California are going to increase by 12.5% for 2018 health insurance plans.

The increase in Obamacare premiums in California are due to a few factors. 7% of the increase comes from increases in providing care, 3% is a one-time tax adjustment and another 3% is due to uncertainty for the future of the Affordable Care Act. Some experts are surprised that premiums aren’t going up more next year.

Obamacare premiums going up are no surprise. The price for health insurance in California went up by 13% in 2017 and 5% over the two years prior. The increasing price of premiums comes as President Donald Trump and Republican Senators work to dismantle the Affordable Care Act. Anthem Inc (NYSE:ANTM) is also exiting most of the markets in the state next year. Read 

U.S. Plans New Student Loans Program for 2019

Aug 2, 2017, 12:13 pm EDT

The U.S. Department of Education is planning to have a new program for student loans that will be ready by 2019

The U.S. Department of Education announced that it will be working to implement this new system for student loans before contracts with current Federal Student Aid (FSA) servicers expire in 2019. U.S. Secretary of Education Betsy DeVos is leading this effort.

In order to complete the goal of revamping student loans, DeVos has hired Dr. A. Wayne Johnson as the new Chief Operating Officer of FSA. Johnson has experience in the private sector and will be working to modernize the FSA. Read 

Jeff Flake: 9 Things to Know About the Republican Senator From Arizona

Aug 1, 2017, 4:20 pm EDT

Jeff Flake is all over the news today after he lashed against the GOP yesterday. Source: Wikipedia

The Republican Senator from Arizona wrote a Politico piece that called the party, including the following statement in reference to Russia’s tampering with the U.S. elections: “Even as our own government was documenting a con­certed attack against our democratic processes by an enemy foreign power, our own White House was rejecting the authority of its own intelligence agencies, disclaiming their findings as a Democratic ruse and a hoax.”

The piece goes on to condemn the GOP for the current administration’s shortcomings, as well as the rest of Congress’ failure to address its moves. Here are nine things to know about Jeff Flake: Read 

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