National / International News
The Midland, Texas, Police Department assisted the ATF in detonating the illegal fireworks. It took them 3 1/2 days.
Former White House Chief of Staff Rahm Emanuel is in a fight for his political survival, signaling a deeper divide in the Democratic Party.
The health insurance provider revealed Tuesday that a cyberattack discovered in January, may have made the medical and financial information of 11 million people vulnerable to thieves.
Vlogger and deejay Jay Smooth was on MSNBC Tuesday night to talk about Starbucks' "Race Together" campaign, which has already birthed a very public, cringe-worthy conversation about race.
Some farmers won't break even this planting season, and may have to tap into their savings. Many Corn Belt towns depend largely on these farmers and businesses linked to farming.
The coin has 12 sides and a fresh design. It also has new technology that the Royal Mint says will make it the most counterfeit-proof coin in the world.
Pathologists are great at spotting cancer, but less so at identifying atypical cells or DCIS, a study finds. That could lead to women getting too much treatment — or not enough.
Protesters set fire to burning tires and threw stones at police, who responded with water cannons during a ceremony to inaugurate the $1 billion-plus building in Frankfurt, Germany.
As expected, #Fed drops its pledge to be patient in raising interest rates, but makes it clear it's in no hurry.— Nancy Marshall (@MarshallGenzer) March 18, 2015
If you’re thinking about planning a vacation to Europe, now would be a good time. The American dollar is worth more now against the Euro than at any point over the past decade.
While the exchange rate may be welcome news for some tourists, the same may not be said for luxury European brands like Chanel or Gucci. Chanel handbags are so much cheaper in Paris than in China that Chinese tourists are flooding Paris shops for luxury bargains. Chanel want them to buy its handbags in China, expanding its market there.
So Chanel will increase prices in Europe and cut them in Asia.
“I think the Chinese consumer will benefit from this, because they will get lower prices and they won't have to go shop in New York, London or Paris in order to get the benefit of those relatively lower prices,” says Milton Pedraza of the Luxury Institute.
But high-end brands in particular need to think long and hard about changing prices from country to country.
"One of the keys to running a luxury business is that the customers understand that the prices don't move all that often, and that you're not waiting for products to go on sale,” says Stifel analyst David Schick.
Schick says long-term profitability for companies like Chanel or Louis Vuitton won’t hinge on exchange rates, but rather on how they are able to compete in a market that is increasingly crowed with competitors — many of whom are perfectly willing to sell you a handbag online, instead of through a shop on the Champs-Élysées.
In Spanish villages, townspeople gather at dawn to collectively slaughter a pig, then prepare every last bit as food, even the ears. The ancient ritual, called matanza, is now drawing foodie tourists.