Wall street journal editor

Wall Street shares rallied on Wednesday as investors took positives from the prospect of gridlock in Washington after the US election. New York's Dow Jones closed 1.3% up while the S&P 500 climbed 2.2% and the Nasdaq was ahead by 3.8%. Big tech firms such as Facebook, Amazon and Alphabet - owner of Google - were among the major winners after the prospects of a Democrat "blue wave" taking both the White House and the Senate receded. Live updates as US election results unfold Please use Chrome browser for a more accessible video player The economic arguments as the US votes Investors were betting that meant a lower likelihood of tax increases or tighter regulations that could prove costly to some of America's biggest companies. Advertisement That was enough to rally Wall Street despite the fact that, on the other hand, a divided Washington would make it harder for legislators to agree on a fresh tranche of stimulus that many … [Read more...] about US election 2020: Wall Street shares rally as ‘blue wave’ prospects fade

It looks like Banksy may have been in action once again, with an artwork in his signature style appearing on the side of a former prison in Reading. Depicting an inmate escaping down the side of the wall on a rope made of bedsheets, and tied to a typewriter, the painting was created overnight on Sunday at the former HM Prison in Reading, Berkshire , which closed in 2014. There are suggestions the Banksy -esque mural could be of one of the jail's most famous inmates, the poet and playwright Oscar Wilde, who was sentenced to two years after being convicted of gross indecency in 1895. It has drawn crowds since it was first spotted on Monday morning, but has not yet been claimed officially. The anonymous street artist will often post photographs of his work on Instagram to confirm they are his, and fans are waiting to see if this one will appear. Advertisement Banksy's last confirmed work was a painting showing an elderly-looking woman sneezing, … [Read more...] about Banksy: Prison wall painting appears in Reading on site campaigners want to be turned into arts centre

Boris Johnson is trying to set up a charity to help fund a luxurious revamp of his grace-and-favour flat, it was claimed today. The Prime Minister faces questions over works overseen by his fiancee Carrie Symonds in the plush, four-bed living space above No11. The 32-year-old has removed Theresa May ’s “John Lewis furniture nightmare” and paintings by British artist John Nash hang alongside works by the PM himself, according to an article in Tatler. The Cabinet Office will be forced to publish any taxpayer spending on the project in its annual accounts this summer. But today No10 refused to deny reports that the Prime Minister, 56, wants to fund the some of refurb through donations - after being told he could only claim around £30,000 from the state. The Daily Mail reported Mr Johnson had privately complained the cost was “totally out of control” and amounted to “tens and tens of thousands”, which he would struggle to afford after an expensive divorce from ex-wife Marina … [Read more...] about Boris Johnson ‘setting up a charity’ to fund lavish refurb of his Downing Street flat

Boris Johnson faces a "conflict of interest” row over a lavish revamp of his grace-and-favour Downing Street flat. A Labour MP demanded answers today over claims the Prime Minister is trying to set up a charity to help refurbish the four-bedroom living quarters above No11. His fiancee Carrie Symonds has removed Theresa May ’s “John Lewis furniture nightmare”, and paintings by British artist John Nash now hang alongside works by the PM himself, according to Tatler. The revamp is said to include gold wall coverings and fabrics costing more than £100 per metre. The PM has privately complained the cost is “totally out of control” and could be close to six figures, the Daily Mail claimed. Downing Street today refused to rule out the taxpayer footing part of the bill, saying details will be published in summer. No10 also refused to deny claims that the PM wants private donors to help pay - after he was told taxpayers would only fund £30,000. The Mail reported the PM has … [Read more...] about Boris Johnson faces ‘conflict of interest’ row over lavish revamp of his Downing Street flat

Six Dr Seuss books will no longer be published because of racist and insensitive imagery, the business that preserves the author's legacy has said. The six books are And to Think That I Saw It On Mulberry Street, If I Ran the Zoo, McElligot's Pool, On Beyond Zebra!, Scrambled Eggs Super!, and The Cat's Quizzer. "These books portray people in ways that are hurtful and wrong," Dr Seuss Enterprises told the Associated Press in a statement that coincided with the late American author and illustrator's birthday. "Ceasing sales of these books is only part of our commitment and our broader plan to ensure Dr Seuss Enterprises' catalogue represents and supports all communities and families." The decision to cease publication and sales of the books was made last year after months of discussion, the company added. Advertisement "Dr Seuss Enterprises listened and took feedback from our audiences including teachers, academics and specialists in the field as part of … [Read more...] about Dr Seuss: Six books to cease publication over ‘hurtful and wrong’ racist imagery