CBP Says It Seized More Than 60 Pounds Of Cocaine From US Citizen At Border

Diageo Shares Plunge Most In Two Years On Weaker Guidance, Dividend Cut Shares of Diageo Plc fell the most in 2 years after the maker of Guinness beer and Johnnie Walker whiskey cut its guidance for the second time this fiscal year amid soft demand in the US and China markets. The move marks an early challenge for new CEO Dave Lewis. The British distiller now expects organic net sales to decline by 2% to 3% this fiscal year, down from previous guidance of flat to slightly down, and said it...

"Green-Dot Sunday" Is Non-Negotiable: Oil Up, Stocks Down As War Begins 2nd Month As last week wore on, it felt increasingly like the market was transitioning from pricing inflation risk (from a 'brief' energy supply shock) to weighing a demand-shock-driven growth scare (from a longer lasting disruption) as bonds rallied in the face of higher oil and lower stocks (stagflation). Last week saw three attempts at unilateral de-escalation (5-day delay, 'ceasefire' proposal, 10-day delay) met with even more supply as the apparent 'Trump Put' or 'TACO' trade is losing its power. Simply put,...

Iran Destroyed 20% Of Pentagon's MQ-9 Reaper Drone Fleet: Report Via Middle East Eye Iran has destroyed $1bn worth of MQ-9 Reaper Drones, or roughly 20 percent of the US's pre-war inventory of the sophisticated unmanned aerial vehicles, according to a report by Bloomberg on Friday. The report said that many of the drones were downed by Iran in flight, but that others had been destroyed on the ground when Iran targeted US military bases in the Gulf. via AFP The MQ-9 is both a surveillance drone and capable of carrying a payload, typically Hellfire missiles...