Arconic CEO Klaus Kleinfeld steps down

Klaus Kleinfeld Chairman and CEO of Alcoa

Klaus Kleinfeld Chairman and CEO of Alcoa

The stock gained 79 cents, or 3.1 percent, to $26.69.

Kleinfeld, who had served as Alcoa Inc's CEO for eight years, oversaw the company's split-up into Arconic and Alcoa Corp last year.

The company said in a statement that Kleinfeld stepped down after the broad learned that he sent a letter directly to a senior officer at investor Elliott Management, which has been pushing for Kleinfeld to step down (https://www.wsj.com/articles/arconic-says-elliott-board-win-could-trigger-500-million-poison-put-payment-1492102654), and for four new board members. Natural gas decreased 6 cents, or 2 percent, to $3.16 per 1,000 cubic feet.

White Sox shortstop Tim Anderson dresses his best for Jackie Robinson Day
Jackie Robinson was the first player of color to cross the lines of segregation in Major League Baseball on April 15, 1947. Robinson had a bunt single in the seventh inning that helped to spark a 3-run-rally, and the Dodgers went on to win, 5-3.

Lilly has high hopes for Olumiant because it's a pill instead of an injection like most other new rheumatoid arthritis drugs. This was a case of "poor judgement", the company said in a prepared news release. The Russell 2000 index of smaller-company stocks edged up 4 points, or 0.4 percent, to 1,350. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision.

On its website, Arconic defended Kleinfeld, noting he presided previous year over the change that divided Alcoa, the aluminum producer based in NY, from Arconic, the product manufacturer that makes aluminum, titanium and nickel parts for planes, cars and electronics.

BONDS: Bond prices rose. A week ago it agreed to be bought by AT&T for about $1.25 billion.

Secret Service Analyzing Manifesto Mailed to Trump, Cops Say
Joseph Jakubowski's stepfather, Don McLean, said he fears his stepson is a risky man and may want a showdown with police. It says Jakubowski is willing to die if it happens through the intervention of the president, and on live television.

Arconic's stock, which had risen 13.7 percent since Elliott mounted its proxy bid through its last close, rose as much as 9.8 percent to $28.44 in early trading. The yield on the 10-year Treasury note slipped to 2.23 percent from 2.24 percent.

OIL: Benchmark U.S. crude lost 9 cents to $53.09 a barrel in NY. Brent crude, used to price worldwide oils, fell 53 cents to 55.36 United States dollars (£44) per barrel in London. It finished at 2.24 percent Thursday.

Markets in Hong Kong, France, Germany and Britain were all closed for the Easter holiday. In Japan the Nikkei 225 index gained 0.1 percent and South Korea's Kospi added 0.5 percent.

Half girlfriend: arjun kapoor & shraddha kapoor lock lips
Shraddha looks lovely in the trailer and her acting looks better than her previous films. This is the first time Arjun and Shraddha are teamed up together for a film.

Recommended News

  • BC NDP pledges $400 annual renters rebate

    BC NDP pledges $400 annual renters rebate

    He says it would cost $4-billion per year if brought in, and again raising the spectre of B.C. losing its AAA credit rating. A large part of cutting that waste, according to Horgan, is getting rid of what he calls Christy Clark's "LNG Fantasy Fund".
    Neil Gorsuch being sworn in as 113th Supreme Court justice

    Neil Gorsuch being sworn in as 113th Supreme Court justice

    At 49, the former federal appeals court judge from Colorado is the youngest justice to serve on the court in 25 years. Kennedy, for whom Gorsuch once clerked, administered the judicial oath of office in a formal Rose Garden ceremony.
    USA  accuses Russian Federation  of cover-up in Syria chemical attack

    USA accuses Russian Federation of cover-up in Syria chemical attack

    U.S. secretary of state Rex Tillerson arrived in Moscow on Tuesday for talks with his Russian counterpart Sergei Lavrov. And it is being made as Secretary of State Rex Tillerson travels to Moscow for talks on Syria and other matters.
  • Small plane crashes next to Lisbon-area supermarket; 5 dead

    Small plane crashes next to Lisbon-area supermarket; 5 dead

    The light aircraft is believed to have exploded in mid-air before crashing near the supermarket warehouse shortly after midday. The plane came down near the Lidl Supermarket in Tires near the coastal town of Cascais 20 miles west of Lisbon.

    'We can't have this relationship with Russia' amid tensions on Syria

    And to stand idly by when that convention is violated, that is what we had to take action on urgently in our own vital interest. For Russia, she said, "getting serious about peace starts by fulfilling its commitment to get chemical weapons out of Syria".
    Dana White Says That Conor McGregor vs Floyd Mayweather Will Happen

    Dana White Says That Conor McGregor vs Floyd Mayweather Will Happen

    Mayweather's boxing record stands at 49-0 while McGregor's MMA record is 21 wins from 24 fights with three defeats. The UFC president is unsure when the fight is going to take place. "I'm dealing with my side", White said.
  • Syrian TV says dozens killed in blast near evacuation buses

    Thousands of evacuees from both sides of Syria's civil war have been stuck in hostile territory since Friday. He accused the government or extremist rebel groups of orchestrating the attack to discredit the opposition.

    Microsoft confirms Windows' NSA hacking loopholes have been patched

    And, if the response of the security community is any indication, America's most famous whistleblower has reason to be alarmed. Some of the targeted Windows versions, such as Windows Vista and Windows 2008, have fallen out of support.
    Infiniti QX80 Monograph: Infiniti's designers go big

    Infiniti QX80 Monograph: Infiniti's designers go big

    Its range of premium automobiles is now built in manufacturing facilities in Japan, the United States, United Kingdom and China. So far, all we've seen from the QX80 Monograph is that it has brushed aluminum sill steps for easier access to the cabin.
  • Janet Jackson introduces baby boy to world with photo on Twitter

    Janet Jackson introduces baby boy to world with photo on Twitter

    The couple has a 14-week-old son name Eissa Al Mana and yesterday was the first time that the world is getting a glimpse of him. A source told People , "The cultural differences between [ Janet ] and Wissam became even more obvious [after Eissa arrived]".

    World's oldest person dies, aged 117

    Brown, who is 117 years and 36 days old, took over from Italian Emma Morano who passed away today. "I separated from him in 1938". In addition to enjoying the single life, Morano didn't fuss with keeping a complicated diet to lengthen her time on earth.
    Hundred Gay Men In Chechnya Detained In Concentration Camps

    Hundred Gay Men In Chechnya Detained In Concentration Camps

    Russian Federation has a bad track record on LGBTQIA issues but hasn't gone to the extremes alleged about Chechnya . The news of the round-ups comes on the heels of other reports of extreme violence and the detention of gay men.

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.