October Rout Will Test Pensions’ Wall Street Crash Protection

Large pension funds are snapping up Wall Street protection against a market crash, but it isn’t clear the products will help limit losses in the current pullback.

Pensions and those working on crisis strategies say they are aware these products may only provide protection in a sustained downturn, rather than a short, vicious decline in stocks. The popularity of the crisis-risk-offset category reflects a realization pensions came to several years ago that they may not be well-prepared for a sustained downturn.

Red Sox survive Game 2 of the ALCS to pull even with the Astros

The Boston Red Sox were winning a playoff game started by David Price, against the undefeated-in-October Houston Astros.

As a result of the 7-5 Red Sox victory Sunday night, the ALCS is heading to Texas knotted at a game apiece, with Game 3 on Tuesday at Houston’s Minute Maid Park. Survival was not an instinct the Red Sox were forced to develop during a triumphant, 108-win regular season, but they absolutely showed it in Game 2 of the American League Championship Series, when a single misstep across the middle part of the game would have been costly and another loss near-fatal.

Trump says he has ‘good energy’ with Kim Jong Un, trusts him to denuclearize North Korea

In an interview with CBS’ “60 Minutes” that aired Sunday night, President Trump said he trusts North Korean leader Kim Jong Un to dismantle its nuclear weapons program, and he attributes their special relationship to “good chemistry.”

Secretary of State Mike Pompeo visited Kim in Pyongyang last week to set up another summit between him and Trump following months of friction in lower-level talks that saw North Korea accuse Washington of “gangster-like” demands on denuclearization. “They’re closing up sites,” the president added when questioned if North Korea had gotten rid of any weapons.

Winners and losers as Canada legalises pot

Analysts suggest the size of the consumer pot market will be anywhere from $4.2bn to $8.7bn with between 3.4m and 6m people using cannabis recreationally in the first year after legalisation.

In an effort to promote a diverse cannabis marketplace, Canada has created specific "micro-cultivator" and "micro-processing" licenses. Some small producers are farmers who had limited licenses to grow medical cannabis but who had also been supplying the black or so-called "grey" market.

Asian markets resume their fall, with tech stocks leading the way

Markets in mainland China were mixed, with the Shanghai Composite SHCOMP, -0.39%   down 0.3% but the smaller-cap Shenzhen Composite 399106, +0.31%   up 0.4%.

Japan’s Nikkei fell more than 1% following its worst week in right months, while indexes in Hong Kong and Taiwan also dropped more than 1%. Asian stock markets lost ground in early trading Monday following Friday’s regional bounce that eased last week’s pain.

U.S. women secure spot in next year’s World Cup with rout of Jamaica

The Americans breezed across the finish line Sunday night with another demolition of a terribly inferior foe at the Concacaf qualifying tournament, a 6-0 rout of Jamaica in a semifinal before 7,555 at Toyota Stadium.

After four lopsided victories, after performances that were as grand as the score lines, after an 11-day compulsory exercise against countries that are generations behind in women’s soccer, the U.S. national team certified what everyone in the sport had known for a very long time.

USA rampage past Jamaica to qualify for 2019 Women's World Cup

On Sunday, the Americans steamrolled their way past Jamaica, 6-0, and clinched their spot at the 2019 Women’s World Cup, giving them the chance to defend their title.

It was only eight years ago that the US almost missed out on the 2011 Women’s World Cup due to a shock loss in qualifying. Coming into Sunday’s Concacaf Women’s Tournament semi-final against Jamaica, the players and coach Jill Ellis were keenly aware of what happened in 2010, admitting they talked about it before the tournament started.

Top banker Dimon drops out of Saudi conference as Treasury secretary Mnuchin weighs whether to attend

Jamie Dimon, chief executive of JPMorgan Chase & Co., is the latest and one of the most high-profile business executives to drop out of a Saudi investment conference in Riyadh this month, after allegations that Saudi agents killed the dissident and journalist Jamal Khashoggi.

In what could be an even bigger withdrawal from the event, Treasury Secretary Steven Mnuchin is now weighing whether to attend — after saying last week he did plan to go to the conference.

Germany book trade Peace Prize winners slam the AfD

The pair said that 'not every dissenting opinion deserves respect.'. Aleida and Jan Assmann stressed the importance of collective memory and warned against "excessive patriotism," in a speech they gave to accept theGerman book trade's Peace Prize award in Frankfurt on Sunday. "In democracy, thought cannot be delegated and handed over to experts, performers or demagogues," the couple said, speaking at Frankfurt's historic St Paul's Church.

Fiber Damage Vexes Verizon After Hurricane Michael

Hurricane Michael has caused such extensive damage to the fiber that underpins Verizon Communications Inc.’s VZ 0.75% wireless network that it has stymied the carrier’s efforts to restore service to parts of the hardest-hit areas of the Florida Panhandle.

Verizon’s network suffered “an unprecedented amount of fiber damage” in those areas during Hurricane Michael, said spokeswoman Karen Schulz. Wireless service problems have persisted for the carrier in parts of Panama City, Panama City Beach and Mexico Beach.

Lorde concert boycott: New Zealanders fined by Israel raise thousands for Gaza

Two New Zealand women who were ordered to pay damages by an Israeli court for their role in Lorde cancelling a Tel Aviv concert have raised the sum through donations – but plan to give the money to the Gaza Mental Health Foundation instead.

The cultural boycott of Israel through the Palestinian-led Boycott, Divestment and Sanctions (BDS) movement launched in 2005 and has gathered momentum in recent years even if its economic impact remains negligible.

Pilot Drops Claims of Improper Touching in Settlement With LaCroix Billionaire

A pilot who accused Nick A. Caporella, the billionaire who runs the company that makes LaCroix sparkling water, of improperly touching him has withdrawn his claims as part of a settlement of litigation that included both harassment and wage claims.

The pilot was paid $99,000 by Broad River Aviation Inc., which operates the beverage company’s business jet, as part of a settlement reached through mediation in August to resolve state and federal lawsuits, court records show.

Beyoncé and Chrissy Teigen are cool but they are still ads for the ultimate mum life

While the Kardashians might sell the glam mum life, Alba sells the organic mum life – but, ultimately, they’re all selling the mum life.

The mummy market is an infinite expanse in which new products and services are constantly appearing, so that contemporary motherhood starts to look like one never-ending advertisement for the ultimate mum life. As many of this generation’s most visible pop culture figures (such as Beyoncé and four-fifths of the Kardashian/Jenner clan) become mothers and enact their motherhood in the public sphere, especially through social media, their personal brands are evolving to guide a whole new mummy market.

Lesley Stahl on what it's like to interview President Trump

Lesley Stahl has been interviewing presidents since 1972 when, as a young CBS News Washington correspondent, she was able to shout one question at President Nixon.

This week's 60 Minutes interview with President Trump marks her third interview with him since his nomination at the Republican National Convention in 2016. In this 60 Minutes Overtime Correspondent Candid, Stahl reflects on some of the challenges of the presidential interview, including how to keep an interviewee on track and avoid a presidential filibuster.

Trump admits climate change isn’t a hoax, is unsure of its source

U.S. President Donald Trump is backing off his claim that climate change is a hoax but says he doesn’t know if it’s manmade and suggests that the climate will “change back again.”

Trump calls out Canadians travelling to U.S. for health care at Kentucky rally. In an interview with CBS’ 60 Minutes that aired Sunday night, Trump said he doesn’t want to put the U.S. at a disadvantage in responding to climate change.