Finance

Lower Your Expectations on Pension-Plan Promises

It's a green-eyed monster that frequently appears when younger workers talk about the income benefits their parents and grandparents could count on when they retired.

UK regulator: Fox takeover of Sky not in public…

Britain's competition regulator has found that 21st Century Fox's planned takeover of Sky plc is not in the public interest because it would give Rupert Murdoch and his family too much control of the country's news media

5 workers missing after Oklahoma drilling rig…

Sheriff says more than 20 employees were on site when the rig exploded; witnesses say you could see thick, black smoke billowing from the area for miles.

Cord-cutter streaming services are off to a…

2017 was the year that live TV streaming services came out of the nerd corner and truly became mainstream. AT&T's DirecTV Now, Hulu's Live TV, and YouTube TV all launched or grew exponentially in the last 12 months, and according to a new report from CNBC, the subscriber numbers have stopped being a rounding error and have started to mean something. But at the same time, there's no indication that all those subscribers are actually making companies money. Nationwide competition for subscribers, transparent pricing on bundles, and the fierce deals being offered to subscribers in order to get them to sign up mean that margins are being squeezed. Sources familiar with industry pricing have told BGR that most providers are breaking even or suffering a small loss, and Christmas promotions put some streaming services "completely underwater." First, let's look at the good news: subscribers are signing up for streaming services in record numbers, and they're staying once they join. We already found out last year that DirecTV Now has over a million subscribers, but now CNBC suggests that YouTube TV and Hulu Live TV are a success as well. Hulu reportedly has 450,000 paying subscribers for its service, while YouTube (which has been rolling out on a more regional basis) is at 300,000. Pricing for Hulu, YouTube TV and DirecTV Now is remarkably similar. Hulu and DirecTV Now both start at $35 per month, which gets you a mix of news, entertainment and sports channels. Premium add-ons like HBO or Showtime are available for $10-15 more per month. At that price point, one source told BGR, the streaming services are falling a few dollars per month short of covering the cost of programming. Networks have been slowly increasing the cost of programming for the last few years, especially for must-have channels like sports, but thanks to the competition in the streaming TV market, the streaming services haven't been able to pass the cost on to consumers. Instead, margins have been nibbled away, leaving an expensive-to-run service that barely breaks even. When promotional activity, like 3-month free trials or free streaming devices are including, any profits vanish completely. In some cases, that might be a tactical decision -- AT&T gives away DirecTV Now for $10 a month to its wireless customers, taking a loss on the TV package in order to retain valuable postpaid cellular accounts -- but the overall picture for streaming TV companies is a little bleak. While over-the-top streaming services certainly appear to be the future, the industry may not survive in its current form, where middle-men streaming services exist as a middle step between the content owners and customers. If the profits for distributors vanish, there's a good chance that content owners will simply take up distribution themselves. That's already happening: Disney is planning its own streaming service, Netflix carries more and more original programming, and even companies like Amazon and Verizon are buying up the rights to stream sports to their customers on demand.

DA reveals disturbing details from Calif. 'house…

Evidence that young victims endured extreme and prolonged physical abuse.

The Latest: Investors should beware potential…

Stock markets around the world are flying high amid a synchronized global upturn but a leading U.S. investor is warning of a potential "reckoning"

Amazon to debut cashier-less store in downtown…

More than a year after it introduced the concept, Amazon is opening its artificial intelligence-powered Amazon Go store in downtown Seattle on Monday

This 660-foot basketball shot set a world record…

You’ve seen them perform similar trick shots before, breaking world records in the process, and some of you are already fans of the Australian YouTubers known as How Ridiculous. But whether you’re aware of their ball tricks or not, you absolutely have to watch the following video of a mind-bending 660 foot basketball shot. Before you ask, it’s a new Guinness World Record for the Highest Basketball Shot in the world. It was performed from the top of the Maletsunyane Falls in Lesotho, Africa. Derek Herron, a member of the How Ridiculous team, was harnessed in to a safety rope as he made the shot from the edge of a 660 feet (200m) cliff. The new record breaks the old one, which belonged to the same YouTubers — that’s the 180m Mauvoisin Dam (Switzerland) shot. Aside from the difficulty of the shot itself, you’ll also notice how incredibly complex the actual setup of the photo shoot for the event really is. All the gear, including basketballs and cameras, need to be carried up and down that mountain and placed in position before the actual basketball shots. Not to mention that someone needs to hunt down all the lost balls, in case you run out of them, and bring them back to the top. The end result, however, is simply brilliant, especially given the exotic setting. Breaking this record is certainly going to be a tough ask — check out the full video below. https://www.youtube.com/watch?v=trW9rxpSBxA

Police: 'House of horrors' children treated worse…

Authorities say the couple's 2 dogs were well cared for while their 13 children were starved and tortured.

Asian shares rise on global growth hopes, US…

Asian stock markets posted strong gains on Tuesday, as an upbeat forecast for global economic growth and the end of the U.S. government shutdown lifted sentiment.

Back to work: Government shutdown ends after Dems…

President Donald Trump has signed a bill reopening the government

Everyone loves their unlimited data plans

Something unexpected happened last year: all the big carriers started offering unlimited data plans again, after unceremoniously dumping them three years ago. In response to T-Mobile's One plan, Verizon, AT&T, and Sprint all introduced or improved their unlimited data offerings. As it currently stands, $60-$80 will get you an "unlimited" plan with any of the big four networks, which includes at least 20GB of full-speed unlimited data, some hotspot data, and most importantly, no unexpected fees in the unlikely event you hit the deprioritization limit on your plan. Complain though you might about the abuse of the word "unlimited" in these plans, but there's no doubt that it's a much better deal for customers than plans at the same price point a few years ago. Bill shock is a thing of the past for the vast majority of customers, and heavy data users have far more options to stream video all day long. New data from Cowen's quarterly survey of wireless customers, seen by Fierce Wireless, backs up the notion that these plans are popular. According to Cowen's data, a "surge in unlimited adoption" is continuing into 2018, with 53.4% of postpaid wireless customers now on an unlimited plan. That number is up nearly 2% from the quarter before, and it's up massively from 22.7% three years ago. At times, the popularity of unlimited data has even been a problem for networks. Data from Ookla and OpenSignal showed that the surge in unlimited customers may have had an effect on Verizon and AT&T's networks, with data showing a decrease in average speeds for the months following the introduction of unlimited plans. However, the same data shows that average speeds are on the rise again, despite unlimited plans being more popular than ever. At this point, it definitely looks like unlimited is here to stay; hopefully, those limits on video quality and hotspotting won't stick around for so long.

Bud Light Is Still Planning To Give Out Free Beer…

The deal goes back to a tweet at Eagles right tackle Lane Johnson in July.

Hope, fear as Puerto Rico moves to privatize…

Puerto Ricans divided between hope, fear as U.S. territory moves to privatize power company

The Latest: Trump's trip to Davos meeting appears…

President Donald Trump's trip to the World Economic Forum in Davos, Switzerland, appears to be on

It’s pretty shocking that the Sonos Play:1 is…

The Sonos Play:1 Compact Wireless Speaker has been the best $200 wireless speaker on the planet for so many years. Anyone who has a Sonos system at home knows how impressive this little speaker is, and first-time listeners are always blown away. During Black Friday last year, the Play:1 dropped down to $150 and it has stayed around that new price point ever since. If you missed the opportunity to start or expand your Sonos system at that killer price, you’re in luck. Shockingly, Sonos Play:1 speakers are still available at the new lower price on Amazon. There isn't another speaker priced anywhere near this range that sounds as good as the Play:1. Here are some key details from the product page: Play:1 is our compact, surprisingly powerful speaker. It’s a perfect fit for bookshelves, counters, and other snug places. So now you can enjoy great-sounding music anywhere. Connect your Play:1 to any Amazon Echo or Alexa-enabled device, then just ask for the music you love. Play different songs in different rooms at the same time. Or, pump one song in perfect sync, throughout your home. Set-up in five minutes using your home Wi-Fi. Easily expand your home audio system over time by adding wireless speakers to additional rooms whenever you’re ready. Wirelessly Stream all your favorite music services like Amazon Music, Pandora, Apple Music, and Spotify. Perfect for home theater rears or a stereo pair. Wall mountable.

Remembering beloved Fox News co-worker Bryan…

'The Five' share their condolences.

Gun industry gathers just a few miles from mass…

The gun industry is holding its biggest annual trade show this week in Las Vegas just a few miles from where a gunman slaughtered 58 concertgoers outside his high-rise hotel suite in October

Vietnam jails former oil execs in high-profile…

A former oil executive has been sentenced to life in prison and a former high-ranking Vietnamese government official has received a lengthy prison term in a major corruption case

Mysterious Xbox Watch uncovered years after…

While the Xbox One continues to sell well (despite its disappointing lack of exclusive games), the Xbox brand doesn't always guarantee success. Back in 2013, Microsoft was reportedly working on a smartwatch prototype that featured a 1.5-inch touchscreen display and removable bands. Like countless other prototypes, it never saw the light of day, but on Monday, Twitter user Hikari Calyx shared a few never-before-seen images of the so-called Xbox Watch. As early reports suggested, the smartwatch does indeed have a small touchscreen display. Based on the images, it appears to be capable of GPS location tracking and heart rate monitoring. Workouts would have been a major focus as well, as they are on most smartwatches (perhaps most notably the Apple Watch). While the resolution on the display is unsurprisingly lacking, the UI appears to mirror that of the Xbox One at launch, which relied heavily on tiles (to the chagrin of many users). Had the Xbox Watch ever actually launched, it would have needed a serious overhaul, not only to keep up with the Xbox One UI, but also Apple Watch and Android Wear. Then again, this was just a prototype, so it doesn't necessarily reflect the potential final product. https://twitter.com/Hikari_Calyx/status/955445148271308800 And while it's fascinating to finally get an up-close look at a project that was never officially announced, Microsoft has seemingly moved on from smart devices for good. Windows Phone is dead and the Microsoft Band smartwatch has been discontinued. At this point, the focus is on Windows PCs, the Xbox platform and Surface devices.

US Special Forces unable to scale border wall…

National Border Patrol Council President Brandon Judd speaks out on the successful tests.

South Korea to start real-name trading of crypto…

South Korean says local banks will launch a real-name system for crypto currency trading and report suspicious activities to authorities starting next week

Trump applies tariffs to solar panels, washing…

President Donald Trump approves tariffs on imported solar panels, washing machines; says move will protect US industry, jobs