World News

Ford’s debt downgraded over ‘subpar’ performance in China, Europe

Tropical Storm Olga forms in Gulf en route to Louisiana

Tropical Depression 17 in the Gulf of Mexico was expected to turn into Tropical Storm Olga en route to landfall in Louisiana. (Photo: NOAA)

Tropical Storm Olga formed late Friday afternoon in the Gulf of Mexico on a track along the Texas coast toward Louisiana, the National Hurricane Center reported.

The storm has maximum sustained winds of 40 mph and was centered about 260 miles south of Lake Charles, Louisiana. It was moving north-northeast at 18 mph.

The NHC said the depression was likely to merge with a cold front and become a post-tropical low with gale-force winds Friday night.

A tropical storm packs winds from 39  mph to 73 mph.

An Air Force Reserve Hurricane Hunter aircraft was being dispatched to the area Friday.

The weather service said some tornadoes were possible Friday night ahead of the system in the southeast portions of Louisiana and Mississippi into southwest Alabama.

Judge rules Justice Department must turn Mueller evidence over to House Committee

A federal judge has ruled that the Justice Department must turn certain portions of former special counsel Robert Mueller’s grand jury evidence over to the House Judiciary Committee.

This is a developing story. Please check back for updates.

Football: Leicester equal Premier League record win with 9-0 rout at Southampton

SOUTHAMPTON, United Kingdom (AFP) – Leicester City on Friday (Oct 25) equalled the biggest ever win in Premier League history with an 9-0 hammering of Southampton.

Ayoze Perez and Jamie Vardy both hit hat-tricks as Brendan Rodgers’ side moved second with the biggest ever away win in the history of the league.

They are five points behind unbeaten leaders Liverpool after the landmark win but will drop back to third on Saturday if Manchester City beat Aston Villa.

Judge Rules DOJ Must Turn Over Mueller Grand Jury Evidence To House Democrats

WASHINGTON (AP) — A judge has ordered the Justice Department to give House Democrats secret grand jury testimony from special counsel Robert Mueller’s Russia investigation.

Chief U.S. District Judge Beryl Howell made the directive in a brief order on Friday.

Democrats had requested that the department provide the material, which was redacted from Mueller’s report, as part of their ongoing impeachment inquiry against President Donald Trump.

Justice Department lawyers argued at a hearing earlier this month that House Democrats already had sufficient evidence from Mueller’s investigation, including copies of summaries of FBI witness interviews.

S&P 500 on track for all-time closing high as stocks edge higher

Stocks extended modest gains Friday, with the S&P 500 trading above its all-time closing high of 3,025.86 set on July 26. The index traded as high as 3,027.35, shy of its intraday record of 3,027.98, also set on July 26. It recent action, the S&P was up 15.59 points at 3,025.88, a gain of 0.5%. The Dow Jones Industrial Average DJIA, +0.57%, meanwhile, was around 188 points higher at 26,993, a gain of 0.7% and below its all-time closing high of 27,359.16, also set in July.

Most Expensive Places to Get Married in the United States

A wedding is an (ideally) once in a lifetime ceremony and event, celebrating the love and commitment of a couple. As such a special day, people are willing to pay top dollar to make everything beautiful and memorable.

The national average expenditure on a wedding is about $34,000. But in some places, that figure is nearly double — and in one place, the average wedding costs nearly $100,000.

24/7 Wall St. reviewed 2018’s Real Weddings Survey from wedding website The Knot to determine the most expensive places to get married. These locations include specific cities, metro areas, regions, and states.

New trends in marriage, like hiring a wedding planner or having a destination wedding in a tropical paradise far from home, have significantly raised the costs. Even small traditional gestures and practices have been tweaked or removed altogether as a new generation ties the knot in their own way. Here are 26 ways weddings have changed over the last century.

The most expensive places to have a wedding tend to be in major population centers with relatively high incomes. People in these areas, with incomes far exceeding the U.S. median annual household income of nearly $60,000, have more disposable income and savings to spend on big events like weddings. These are the richest cities in America.

Click here to see the 25 most expensive places to get married:
Click here to see our methodology:

Ford’s debt downgraded over ‘subpar’ performance in China, Europe

S&P Global Ratings late Friday downgraded Ford Motor Co. F, +1.40% debt to BBB-, its lowest investment-grade rung, saying it doesn’t see the car maker posting adjusted profit margins around 8% until at least 2022 thanks to the company’s "ongoing subpar performance in China and Europe," softening demand, and rising regulatory costs. The outlook is stable, S&P Global said. "Ford is likely to face significant negative pressure from its higher-volume but lower-margin portfolio including cars and multi-activity … until the company realigns its portfolio," S&P said. Ford earlier this week reported third-quarter earnings that were above expectations but said it expected increased headwinds in the fourth quarter. Ford shares have gained 14% this year, compared with gains of 16% for the S&P 500 index.