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Sunday
Aug062017

Jonathan Scott offers tips for redesigning your bedroom for a better night's sleep

iStock/Thinkstock(NEW YORK) -- Home design expert and television personality Jonathan Scott teamed up with Stearns & Foster to bring new designs to those trying to freshen up their homes.

The HGTV "Property Brothers" star recently spoke with ABC News about his different goals and approaches to redesigning homes, specifically bedrooms. The conversation focused primarily on how people can improve their sleep just by making a few adjustments to their rooms.

Some of his tips are listed below:

1. Get a quality bed

"You have to invest in your sleep"

Scott's top rule is a practical one for anybody interested in redesigning. He says a great bed ensures great sleep. According to Scott, the bed is the "anchor" of the bedroom, and the primary piece people use to recharge.

Scott, who sleeps on a Stearns & Fosters Reserve Collection bed, claims bragging rights within his own family. He says when family members come to his Las Vegas home, they ask to stay in his room for a night, just to see how comfortable his bed is.

2. Take away the tech and work distractions


"The bedroom is not for working in"

Scott tells ABC News it is vital to remove technology from the bedroom because of the effect it has on people at bedtime: it keeps them awake.

Things like emails, news updates, and sports scores not only keep people up late into the night, but also remove them from the present moment they are living in.

It also adds more stress. Having a phone next to the bed or even a television in the room takes away "from the calm, relaxing environment you're trying to evoke" according to Scott.

The TV star also discourages bringing any sort of work into your bedroom. He views the bedroom as a sanctuary to reduce feelings of stress. Scott says, "Nothing will kill the mood faster than working in the bedroom."

3. Subtle additions and subtle colors

"Understand the psychology of the colors you pick up"


Scott suggests adding "subtle, muted" colors to your room that are "nice, neutral" and soft and inviting." The different schemes help create the relaxing, calming environment that help people unwind and sleep.

To enhance the vibrancy of the room, Scott recommends using the room's back drop to introduce different colors. Starting with a pale color as a contemporary palette and adding more dynamic colors through bedroom accessories can create the desired effect in the bedroom.

There are also little things people can change to keep their bedrooms looking fresh and relaxed. Scott suggests changing out window coverings for the fall, for instance, to "completely change the feel of the room without having to repaint or do anything major."

One of Scott's favorite colors to add are touches of champagne, which could go on the walls or on other accessories around the room.

4. No room for dogs

"I think the master bedroom is for the owners of the home"

Scott is not suggesting dogs are never allowed in the bedroom. However, where they sleep matters for people's sleep. He says the purpose of the bedroom is to unwind, and allowing dogs to sleep in the master bed can create an unwanted energy in what is supposed to be a calming space.

He is very protective of the master bed, recommending parents do not allow their children to sleep in the bed either. The separation allows parents to cool down without the worry of having someone else in their space.

Scott offers more tips in his videos on the Stearns & Foster Facebook page.

Copyright © 2017, ABC Radio. All rights reserved.

Sunday
Aug062017

Ten hospitalized after flight to Philadelphia encounters severe turbulence

American Airlines(PHILADELPHIA) -- Ten people were taken to a hospital after severe turbulence on a flight from Athens, Greece, to Philadelphia, on Saturday.

Of the nearly 300 people on board American Airlines flight 759, three passengers and seven crew members were evaluated, the airline said in a statement.

The plane encountered severe turbulence before landing around 3 p.m., and according to American Airlines, the seatbelt sign was on at the time.

Although the aircraft landed safely, the incident was a terrifying moment for some passengers.
Ian Smith said the plane "started shaking" during the turbulence, "then it took a big drop."

"Babies were crying, people in front of us hit the ceilings, flight attendant broke his arm," he said. "There was a little bit of blood and after that they told us it was unexpected turbulence that wasn't on their radar."

Another passenger added, "There was just very slight turbulence for about five seconds and then suddenly it felt like the whole plane was in free fall."

In a statement Saturday, American Airlines said, "We are taking care of our passengers and our crew members at this time and want to thank our team members for keeping our passengers safe."

Copyright © 2017, ABC Radio. All rights reserved.

Saturday
Aug052017

Publishing company Pearson to cut thousands of jobs

Amana Images/Thinkstock(NEW YORK) -- After a record loss last year, Pearson plans to slash 3,000 jobs worldwide.

The publishing company, which sells academic books and online teaching services, will cut down more than 9 percent of its workforce. This will affect back-office operations such as human resources and finance, according to the BBC.

In January, Pearson reported a slump in sales at its main operation: selling textbooks to college students in the U.S., the BBC reported. This comes as students switch to online textbooks and rentals.

Pearson CEO John Fallon previously promised to cut annual expenses by $394 million by 2019.

Copyright © 2017, ABC Radio. All rights reserved.

Friday
Aug042017

'Pharma Bro' Martin Shkreli guilty on three counts in securities fraud trial

Drew Angerer/Getty Images(NEW YORK) -- A jury has found "Phama Bro" Martin Shkreli, the former pharmaceutical CEO notorious for drastically increasing the price of a life-saving drug, guilty on three of eight counts in an unrelated federal securities fraud trial.

Shkreli was accused of funneling money from MSMB Capital and MSMB Healthcare investors to Retrophin, and prosecutors argued he then used money from Retrophin to pay them back.

Deliberations on the eight counts against him began on Monday and lasted approximately 36 hours total.

He was found guilty of: securities fraud in connection with MSMB Capital, securities fraud in connection with MSMB Healthcare and conspiracy to commit securities fraud in connection with Retrophin.

He was found not guilty of: conspiracy to commit securities fraud in connection with MSMB Capital, conspiracy to commit wire fraud in connection with MSMB Capital, conspiracy to commit securities fraud in connection with MSMB Healthcare, conspiracy to commit wire fraud in connection with MSMB Healthcare and conspiracy to commit wire fraud in connection with Retrophin.

In closing arguments, Assistant U.S. Attorney Jacquelyn Kasulis called Shkreli "calculating."

“Lying to people to get them to invest with you is fraud,” said the prosecutor. ”He knowingly lied over and over again to his investors to get their money and then to keep their money.”

"Who he really is is a con man who stole millions of dollars," she said.   Kasulis gave a bank robbery analogy to the jury, arguing that if you rob a bank and then rob a second bank to pay the first bank back, you still robbed a bank.   "You can’t rob Peter to pay Paul. It doesn’t work that way," she said. "It doesn’t matter if you paid people back years later after you’ve stolen their money and you’ve lost all their money. Those people are still victims of fraud."   Kasulis emphatically stated that Shkreli is not above the law.

"It’s time for Martin Shkreli to be held accountable for his behavior, for his choices to lie and to deceive and to steal and to take peoples’ money without a second thought, without even a pause,” said Kasulis.

Shkreli’s defense attorney Benjamin Brafman told the jury the alleged defrauded investors ended up making profits because of Shkreli despite their accusations.

Brafman said in this case "Reasonable doubt is now circling the atmosphere like a bunch of drones.”

Brafman gave a cancer analogy to the jury, saying before an oncologist diagnoses someone with something as life altering cancer, the doctor feels for lumps and runs tests. “When you deliver a verdict of guilty, God forbid, that is forever,” he said.   Brafman encouraged the jurors to be “proud” to say “I gave Martin Shkreli a fair trial even though he is Martin Shkreli.”

Shkreli made headlines in 2015 for raising the price of Daraprim, an antiparasitic drug used to treat infections, from $13.50 to $750 a tablet after acquiring the drug from another pharmaceutical company.

Days later, Shkreli told ABC News that the company would lower the price of Daraprim "to a point that is more affordable and is able to allow the company to make a profit, but a very small profit."

The drug is used by those with cancer or HIV. Before Shkreli's announcement, Turing Pharmaceuticals released a statement saying it was aiming to create new medications to treat the disease in an effort to reduce the side effects and that the higher price would subsidize costs for developing new drugs.


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Friday
Aug042017

9-year-old writes letter to NASA asking to be considered for a job

NASA(NEW YORK) -- A 9-year-old alien enthusiast from New Jersey sent a handwritten letter to NASA asking to be considered for a job working with astronauts.

In the letter, dated Aug. 3, fourth-grader Jack Davis asks to apply for a planetary protection officer position at NASA. He writes in the letter provided to ABC News by his family that despite his young age, he thinks he would be "fit for the job."

"One of the reasons is my sister thinks I'm an alien," Jack writes before revealing the source of his expertise. "Also, I have seen almost all the space and alien movies I can see."

Jack ends the letter stating the other attributes that would make him perfect for the position, such as his "great" video game skills and his youth, which will make it easy to "learn to think like an alien." He then signs the letter, "Jack, Guardian of the Galaxy."

In an interview, Jack told ABC News that he wrote the letter because it thought it would be "really cool" to work for NASA.

"I feel like -- I am the only one who really wants a job at NASA this young," he said.

The position of NASA planetary protection officer pays $124,406 to $187,000 per year, according to the USAJOBS website.

Duties include planning and coordinating activities related to NASA mission planetary protection needs and oversight of their implementation by NASA's space-flight missions.

The recent announcement of the position -- which was created in the 1960s -- has "generated a lot of excitement in the public," NASA said in a statement.

"Although the Planetary Protection Officer position may not be in real-life what the title conjures up, it does play an important role in promoting the responsible exploration of our solar system by preventing microbial contamination of other planets and our own," the statement read.

Dr. James L. Green, director of NASA's Planetary Science Division, promptly responded to Jack's inquiry, writing that the "position is really cool and is very important work."

"It's about protecting Earth from tiny microbes when we bring back samples from the Moon, asteroids and Mars," Green wrote in his response, which NASA provided to ABC News. "It's also about protecting other planets and moons from our germs as we responsibly explore the Solar System."

Green then tells Jack that he hopes he will "study hard and do well in school."

"We are always looking for bright scientists and engineers to help us...." he wrote. "We hope to see you here at NASA one of these days!"

In an email to NASA on Friday, Jack's father, Bryan Davis, wrote that he and his family are "big fans of NASA" and that he posted a photo of his son's letter on Facebook thinking his friends "would get a smile out of it."

"Jack, of course, is pretty sure he’ll get the job," Davis wrote in the email to NASA, which he shared with ABC News. "I’m trying to manage expectations with the hope he might receive a response letter in the mail."

The letter was mailed to the Marshall Space Flight Center in Huntsville, Alabama, Davis said. NASA also called Jack Friday morning to thank him for applying, Davis told ABC News.

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Friday
Aug042017

Dow reaches another record on strong jobs report

iStock/Thinkstock(NEW YORK) -- A strong jobs report helped lead the Dow Jones Industrial Average to another all-time high.

The Dow climbed 66.71 (+0.30 percent) to finish at 22,092.81, its eight record in a row.

The Nasdaq gained 11.22 (+0.18 percent) to close at 6,351.56, while the S&P 500 finished at 2,476.83, up 4.67 (+0.19 percent) from its open.

Crude oil was 1 percent higher with prices at $49.50 per barrel.

Jobs Report: The U.S. added 209,000 jobs last month, higher than the 180,000 jobs expected, according to the U.S. Bureau of Labor Statistics. The unemployment rate was little changed at 4.3 percent.

Winners and Losers:  Shares of Yelp Inc skyrocketed 28 percent after announcing strong results in the second quarter and news of a deal to sell its Eat24 delivery service to Grubhub.

Shake Shack's comparable sales fell by 2 percent for the quarter, causing shares to tumble 5.5 percent.

Copyright © 2017, ABC Radio. All rights reserved.

Friday
Aug042017

Two key questions July's jobs report raises

iStock/Thinkstock(NEW YORK) -- The U.S. economy added 209,000 jobs in July according to the Labor Department, well above the expected gain of 180,000.

The unemployment rate, now at a 16-year low, was little changed at 4.3 percent. U6 – a broader measure of our unemployment – was steady at 8.6 percent.

June's job gains were also revised higher from 222,000 to 231,000, while the May figures were revised lower from 152,000 to 145,000.

For IHS Markit chief economist Nariman Behravesh, it was a solid report.

“There was lots of good news in today’s jobs report,” Behravesh said. “For the past two months, payroll jobs gains have exceeded 200,000.”

According to Glassdoor’s chief economist Dr. Andrew Chamberlain, the report “revealed the economy continued its remarkable summer growth spurt in July.”

Hiring was widespread; bars and restaurants created the most jobs, while professional and business services and health care were also strong performers.

Most other industries were flat or up slightly for the month.

But the jobs report also raised two key questions:

1. With so much new job creation and a tightening labor market, why aren’t wages rising more?

Average hourly earnings rose by 9 cents to $26.36 in July, the fastest pace since February. But year-over-year, wages remained stagnant at 2.5 percent for the fourth consecutive month.

“Since April, momentum has turned to the downside,” Stifel fixed income chief economist Lindsey Piegza said.

2. What happens to retail?

The industry added just 900 jobs in July. According to outplacement firm Challenger, Gray & Christmas, retail is the leading industry for job cuts, with nearly 64,000 announced job cuts so far this year.

“Even with Amazon.com hiring tens of thousands of people, drawing huge lines to its job fairs, not all of those lost jobs can be absorbed through online sales, wholesaling and distribution," said Mark Hamrick, Bankrate.com's senior economic analyst.

Many economists also believe the stronger than expected report will lead the Federal Reserve to hike interest rates again in December.

Remember: when the Fed hikes rates, it means the cost of borrowing goes up – everything from your credit cards, to auto loans, to mortgages tend to get more expensive.

Copyright © 2017, ABC Radio. All rights reserved.

Friday
Aug042017

US economy adds 290K jobs in July

iStock/Thinkstock(NEW YORK) -- The U.S. created 209,000 jobs in July, marking a second straight month of gains.

The unemployment rate fell to 4.3 percent from 4.4 percent. This matched a 16-year low that was first reached in May, according to the Labor Department.

However, the average hourly wage rose by only 2.5 percent from last year, which is below the rate of growth when the unemployment rate is typically this low.

Copyright © 2017, ABC Radio. All rights reserved.

Friday
Aug042017

Dunkin' Donuts opens store with shorter name

Dunkin' Donuts(PASADENA, Calif.) -- Dunkin' Donuts may be dropping the second half of its name.

A new location in Pasadena, California, will simply be called Dunkin'. The parent company, Dunkin' Brands Inc., said this is a test.

"As part of our efforts to reinforce that Dunkin' Donuts is a beverage-led brand and coffee leader, we will be testing signage in a few locations that refer to the brand simply as 'Dunkin,' " according to a statement given to Nation's Restaurant News.

There are more than 12,000 Dunkin' Donuts locations worldwide. Last fall, the company announced that it would be focusing its menu on beverages.  

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Thursday
Aug032017

Boeing test flight draws a plane over the US

Credit: flightradar24(CHICAGO) -- A Boeing 787-8 Dreamliner drew an outline of itself over the United States using tracking software on Wednesday.

The aircraft was on an 18-hour endurance test flight for the company and instead of flying across the globe, the Boeing test team chose to draw a picture of the aircraft they were flying.

The drawing covers 22 states, with the wings stretching from Texas to Michigan. The tip of the tail touches Alabama and the nose is over western Wyoming. The plane points toward Boeing's home region of the Pacific Northwest.

Boeing tweeted out a video of the flight path, captured on the live flight tracker website Flightradar24.


However, this was not the first masterpiece by Boeing artists. Earlier this year, during an endurance test flight of the company’s new 737-max, the test team drew the word “MAX” across the skies of Washington state, Idaho and Montana.

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