Back in 1792, a newly minted U.S. cent was worth a lot more to its owner than today's penny would be. But one of the nation's original coins is another story, and one is expected to fetch in the neighborhood of $1 million when it goes up for sale on Wednesday. The 1792 Birch Cent is a physically small, but historically large, piece of U.S. history. One of them will be sold to the highest bidder by Stack's Bowers Galleries, a numismatic auction house based in California. This particular coin has an estimated value of $1 million, or 100 million times its initial worth, according to Stack's, which said it would offer the coin at an expo in Baltimore. Commissioned by Thomas Jefferson, just a handful of Birch Cents were minted as an example of what the newly formed U.S. government was considering producing at the time. It was seen first-hand by Jefferson and George Washington, and the latter was supposed to speak about the coins to Congress in the fall of 1792, but his speech … [Read more...] about This historic penny could be worth a million — dollars
Global outrage over the death of journalist Jamal Khashoggi at the hands of an alleged Saudi Arabian hit squad has raised the heat on U.S. companies to justify doing business with the kingdom. President Donald Trump seemingly has fewer qualms, recently defending the countries' commercial ties -- especially when it comes to supplying Saudi Arabia with arms -- by saying the relationship creates lots of U.S jobs. But how many jobs? Mr. Trump said at an event last week that agreements between American defense contractors and Saudi Arabia account for 600,000 jobs in the U.S. We set out to verify if that number is correct. Corporate America's deep ties to Saudi Arabia Saudi Arabia is America's No. 1 weapons customer Different day, different digits As The Washington Post notes, part of the problem with assessing Mr. Trump's claim about the purported employment gains of American companies doing business in Saudi Arabia is that those numbers keep growing. In … [Read more...] about Fact check: How many jobs does U.S. defense work with Saudi Arabia actually create?
Harley-Davidson's profitable third quarter included a sales pick up in Europe even as its ongoing slide in the U.S. motorcycle market steepened. The company is dealing with "tough U.S. industry conditions" and is adapting to "trade policy burdens" on its business, Matt Levatich, president and CEO, told analysts during an earnings call Tuesday. Harley-Davidson is having a rough ride lately, with an aging U.S. customer base and younger riders here opting for cheaper alternatives. The 115-year-old Milwaukee company needs to bolster its bottom line by increasing sales of more expensive bikes -- especially overseas, where the iconic American brand name still has cachet. Indeed, retaliation by the European Union on Trump administration steel tariffs prompted a June decision by management to move some motorcycle production overseas, a controversial move by a company long viewed through a patriotic lens. "We never imagined moving production to our European customers out … [Read more...] about Harley-Davidson’s U.S. sales skid in quarter that included Trump spat
Actress Selma Blair, most famous for her roles in films like "Legally Blonde" and "Cruel Intentions," is back on set for a new Netflix project, while facing a new challenge. In a selfie she posted to her Instagram account Saturday, the actress revealed she was diagnosed with multiple sclerosis back in August. The 46-year-old star writes, "I am in the thick of it but I hope to give some hope to others. And even to myself." Blair's revelation that she has multiple sclerosis, or MS, is being met by an outpouring of support (her Instagram post was "liked" by nearly 90,000 people), and is bringing new attention to a nervous system disease that can cause pain and numbness, and loss of vision and motor functions. Nearly one million people in the U.S. live with the disease. There is no cure, but treatment can help manage symptoms and slow its progression. "We know that it's an abnormality of the immune system, but we don't know what sets it off," said neurologist Dr. Fred … [Read more...] about Actress Selma Blair reveals multiple sclerosis diagnosis
With the midterms just two weeks away, "Pod Save America" hosts Jon Favreau and Dan Pfeiffer say there's nothing not to worry about. The Obama administration alums-turned hit political podcast hosts joined "CBS This Morning" Tuesday to discuss the state of the Democratic Party, the midterms and whether their show – with its fair share of F-bombs and a decidedly liberal slant – contributes to the political divisiveness in our country. Asked whether the Democratic Party is going through an identity crisis, the two quickly disagreed. Though Favreau admitted there's been some "soul searching" after the 2016 election, both say Democrats are, at least, bonded by one thing: Trump. "The party is pretty united in wanting to go vote. Have a check against Donald Trump now," Favreau said. "We got a lot of things to figure out, but we're united against Trump and that's important," added Pfeiffer. While President Trump has focused on immigration issues to fire up his base in … [Read more...] about “Pod Save America” hosts say Democrats are “united against Trump”