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Sure, we’re all glued to our phones/tablets/laptops/watches that barely tell time, but even the best of us miss out on some important #content from time to time. That’s why, in case you missed it, we’ve rounded up our most popular stories of the week to help you stay in the loop. No need to thank …

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Sesame Street Doc ‘Street Gang’ Picked Up by HBO, Focus Features (EXCLUSIVE)

Focus Features has acquired worldwide rights to “Street Gang,” Marilyn Agrelo’s documentary exploring the “Sesame Street” phenomenon. HBO has acquired U.S. rights, Variety has learned. Introduced to buyers at the AFM by the Exchange, “Street Gang” is partly based on Michael Davis’ best-selling book of the same name published in 2008. It charts the creation […]

Variety

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Apple Profit, Revenues Top Wall Street View, Outlook Disappoints; Shares Down 4%

Apple Inc. (AAPL) Thursday reported an earnings and revenues for the fourth quarter that trumped Wall Street estimates, helped by strong demand for its pricier iPhone X and XS. However, shares slipped over 4 percent in extended session after the iPhone maker issued a weak revenue outlook for the holiday season quarter.
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Turkey Renames Street Leading to New U.S. Embassy After Malcolm X

Turkey is paying homage to Malcolm X by renaming the street on which a new U.S. embassy is being built after the late civil rights leader.

Haberturk TV reports that President Recep Tayyip Erdogan made an order to rename the street “Malcolm X” avenue. His order was then backed by the Ankara municipal assembly in a unanimous vote, according to state-run media agency Anadolu. The decision, however, will likely be met with criticism and seen as controversial by American diplomats since detractors argue that the American Muslim activist preached a message of violence that stoked racial tension.

This is not the first time that Turkey used the names of streets housing diplomatic missions to make a political statement. According to Bloomberg:

Following a tweet by the United Arab Emirates foreign minister that appeared to criticize an Ottoman Turkish military commander, Fahreddin Pasa, Turkey renamed the UAE embassy’s street after him. And the current U.S. embassy’s street was changed to “Olive Branch Road” in February, a reference to the Turkish military operation in Syria against the Kurdish YPG, a group allied with the U.S. but which Turkey views as a terrorist organization.

 

In response to Donald Trump’s comments when he proposed a Muslim immigration ban in his campaign for the presidency, Erdogan also demanded that the now-President’s name be removed from signs around Trump Towers in Istanbul. His name remains on view, but last month the Istanbul municipal assembly voted to remove it from the metro underpass leading to the Trump complex.

Last month, the Turkish president met with Malcolm X’s daughters in New York during a United Nations assembly meeting, calling Malcolm X a symbol of “the struggle against racism.” Following the meeting, Malcolm X’s daughter, Ilyasah Shabazz, said the Turkish leader “represents” the legacy of her father, who was assassinated in 1965. “It was my great honor to meet with such a leader, especially in the name of human dignity, compassion, and social justice,” she said, reports the Daily Sabah.

The post Turkey Renames Street Leading to New U.S. Embassy After Malcolm X appeared first on Black Enterprise.

Lifestyle | Black Enterprise

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Amazon Q3 Sales, Outlook Miss Street Estimates; Shares Down 6%

Amazon.com Inc. (AMZN) Thursday reported a surge in profit for the third quarter, driven largely by a 29 percent jump in revenues. Earnings for the quarter trounced Wall Street estimates. However, the tech giant’s stock slipped more than 6 percent in extended session after revenues for the quarter fell short of expectations and on weak outlook for the current holiday quarter.
RTT – Top Story

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Disappointing Earnings News Leads To Sell-Off On Wall Street – U.S. Commentary

Following yesterday’s attempted recovery from an early sell-off, stocks showed a substantial move back to the downside during trading on Wednesday. The Dow dropped to its lowest closing level in over three-months, while the Nasdaq and the S&P 500 tumbled to five-month closing lows.
RTT – Top Story

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Turkey Renames Street Leading to New U.S. Embassy After Malcolm X

Turkey is paying homage to Malcolm X by renaming the street on which a new U.S. embassy is being built after the late civil rights leader.

Haberturk TV reports that President Recep Tayyip Erdogan made an order to rename the street “Malcolm X” avenue. His order was then backed by the Ankara municipal assembly in a unanimous vote, according to state-run media agency Anadolu. The decision, however, will likely be met with criticism and seen as controversial by American diplomats since detractors argue that the American Muslim activist preached a message of violence that stoked racial tension.

This is not the first time that Turkey used the names of streets housing diplomatic missions to make a political statement. According to Bloomberg:

Following a tweet by the United Arab Emirates foreign minister that appeared to criticize an Ottoman Turkish military commander, Fahreddin Pasa, Turkey renamed the UAE embassy’s street after him. And the current U.S. embassy’s street was changed to “Olive Branch Road” in February, a reference to the Turkish military operation in Syria against the Kurdish YPG, a group allied with the U.S. but which Turkey views as a terrorist organization.

 

In response to Donald Trump’s comments when he proposed a Muslim immigration ban in his campaign for the presidency, Erdogan also demanded that the now-President’s name be removed from signs around Trump Towers in Istanbul. His name remains on view, but last month the Istanbul municipal assembly voted to remove it from the metro underpass leading to the Trump complex.

Last month, the Turkish president met with Malcolm X’s daughters in New York during a United Nations assembly meeting, calling Malcolm X a symbol of “the struggle against racism.” Following the meeting, Malcolm X’s daughter, Ilyasah Shabazz, said the Turkish leader “represents” the legacy of her father, who was assassinated in 1965. “It was my great honor to meet with such a leader, especially in the name of human dignity, compassion, and social justice,” she said, reports the Daily Sabah.

The post Turkey Renames Street Leading to New U.S. Embassy After Malcolm X appeared first on Black Enterprise.

Lifestyle | Black Enterprise

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The man behind Big Bird retires from ‘Sesame Street’ after 50 years

ABC News

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Housing stocks get hit hard amid weak data and worries on Wall Street about rising interest rates

Housing stocks fall broadly after analysts at Credit Suisse lowered their ratings and price targets on several companies in the sector.
Real Estate

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Bank of America earnings’ jump, topping Wall Street estimates, as consumer credit improves

Chief Executive Officer Brian Moynihan, 59, has focused on cutting costs while looking for profit opportunities that fit his "responsible growth" mantra. 
Top News & Analysis

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Lingering Rate Concerns Contribute To Sell-Off On Wall Street – U.S. Commentary

Stocks saw substantial weakness during trading on Wednesday following the mixed performances seen in the two previous sessions. The tech-heavy Nasdaq showed a particularly steep drop, falling to its lowest closing level in over three months.
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Cramer: If Fed chief Powell were to ‘walk back’ aggressive rate remarks, Wall Street could rally

"All he has to do is say, 'You know what, I think that everything is on the table,'" CNBC's Jim Cramer says. 
Economy

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Tech stocks prop up Wall Street amid global growth worries

The S&P 500 and the Nasdaq rose for the first time in four days on Tuesday, boosted by a rebound in technology stocks, but gains were kept in check after the International Monetary Fund said the Sino-U.S. trade war would slow global growth.


Reuters: Business News

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Dover Street Market Introduces Danish Jeweler Griegst During Frieze

FATHER TO SON: Arje Griegst forged a unique path as a jeweler and sculptor, since founding his eponymous label in the Sixties, and now a whole new generation has the chance to own — and wear — his work.
Two years after his father’s death, Noam Griegst is setting out to honor his legacy and bring pieces from his archive alive. They’re currently on display — and for sale — outside Copenhagen for the first time at Dover Street Market in London. The store is debuting 10 reissued designs by the late jeweler during the Frieze Art Fair, which runs until Sunday.
Griegst’s commitment to craftsmanship was unrivaled: He made his first piece of cutlery at age 10, received a De Beers Prize at 19 and went on to create a world of his own inside his Copenhagen studio, designing sculpted pieces in gold and precious stones and often receiving commissions from the Danish Royal Family.
“A single ring could take two years to make. He would cast it in wax, again and again, until it was perfected, and in the meantime we were all starving at home and my mum would go completely crazy,” Noam said in an interview. “I’ve been working

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Tech stocks take beating as Wall Street ends week with thud

Wall Street sputtered into Friday’s close with the three major indexes seeing red over a slew of economic data and headlines. A sell-off in tech stocks spurred by worries that tensions between the US and China would intensify led the Nasdaq to shed 3.2 percent, to close at 7,788.45 this week — its worst weekly…
Business | New York Post

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