YEAH! Stocks Finish Up in 2016:
The Dow Jones Industrial Average gained 13 percent in 2016, while its counterparts the Nasdaq and S&P 500 finished up by 7.5 percent and 9 percent respectively. The 13 percent gain for the Dow was its largest since 2013, although losses in recent days have prevented it from eclipsing 20,000. It finished at 19,762.6 on Friday, the last day of trading for the calendar year, and has gained eight percent since Election Day. The year-to-date rebound is especially impressive after the market had its worst January finish since 2009. Investors say further gains in 2017 will depend on whether President-elect Donald Trumpdelivers on his policy promises.
WSJ Reporter Released From Turkish Detention After 3-Day Ordeal:
A Wall Street Journal reporter held in Turkish detention for nearly three days without any contact with his family or lawyers has been released. National security reporter Dion Nissenbaum
was taken from his Istanbul apartment on Tuesday night before being released Saturday morning. His detention is believed to be connected to a government ban on publishing images from an Islamic State video. “While we are relieved that Dion was released unharmed after nearly three days, we remain outraged at his peremptory detention, without any contact with his family, legal counsel or colleagues,” WSJ editor in chief Gerard Baker
said in a statement released Saturday. Nissenbaum’s release comes after the Journal was unable to determine his location for two days, with the reporter not being allowed to contact his employer or a lawyer despite repeated requests. The incident comes amid a wider crackdown on journalists and academics in the country after a failed coup attempt in July.
GLOBAL TERROR – At Least 27 Killed in Baghdad Suicide Bombing:
At least 27 people were killed and 53 wounded Saturday after two suicide bombers attacked a central Baghdad market. “Many of the victims were people from the spare parts shops in the area, they were gathered near a cart selling breakfast when the explosions went off,” a local shop seller was cited as saying by Agence France-Presse. The attack took place in the Al-Sinek neighborhood, next to one of the main roads in the city. No group has claimed responsibility for the attack yet. It marks the first bombing in Baghdad since mid-October, when Iraqi forces began an offensive to retake Mosul.
THINK MUSICALLY – READ LBN:
Ronda Rousey’s U.F.C. Return Ends in 48 Seconds of Punches by Amanda Nunes:
Ronda Rousey was stopped 48 seconds into her comeback fight Friday night, losing to the bantamweight championAmanda Nunes at U.F.C. 207. Rousey (12-2) returned from a 13-month absence and never managed to get her footing against Nunes (14-4), who knocked Rousey off guard with her very first punches. Rousey staggered and stumbled backward while Nunes pursued her and landed multiple shots. Herb Dean, the referee, stopped the bout with Rousey still on her feet, and Rousey briefly protested the stoppage before leaving the cage in her mother’s arms. “Forget about Ronda Rousey!” Nunes shouted to the crowd. “She’s going to go do movies. Forget about her. She has a lot of money already.
Quincy Jones Not Going To Trump Party:
A spokesman for Quincy Jones
said on Friday that he will not be attending a New Year’s celebration at president-electDonald Trump
‘s Florida estate Mar-a-Lago, after reporters were told that Jones would be in attendance on a daily transition call. Jones’s spokesman, Arnold Robinson
, said that he wouldn’t be going, and didn’t know where Trump’s team got the information. Incoming White House Press Secretary Sean Spicer
told reporters that Jones and actor Sylvester Stallone
would be in attendance at the bash.
Publisher Defends Milo Book Deal:
Book publisher Simon and Schuster released a statement on Friday night about a recent $250,000 book deal for online harasser and alt-right poster boy Milo Yiannopoulos
in which they defended themselves from criticism. “We do not and never have condoned discrimination or hate speech in any form,” the statement began. “At Simon and Schuster we have always published books by a wide range of authors with greatly varying, and frequently controversial opinions, and appealing to many different audiences of readers.” The statement ended with the company asserting that the viewpoints expressed in the books they publish do not reflect the company or its employees’ viewpoints. After the deal was announced, numerous authors and publishers spoke out against the company for allowing Yiannopoulos to be published.
Violent crime in L.A. jumps for third straight year as police deal with gang, homeless issues:
Violent crime increased in Los Angeles for the third straightyear as police tried to stem a rash of homicides and gang-related shootings while dealing with a growing homeless population. With more than 290 people killed in the city this year, homicides also rose for the third year in a row. Still, the city remains far safer than a decade ago, when 480 people were killed and there were 46% more robberies than this year. According to statistics from the Los Angeles Police Department, robberies were up by 13%, aggravated assaults were up by 10% and rapes were down by 4% through Dec. 17, compared with the same period last year. Homicides were up by 5%. Overall, violent crime was up by 10% over last year and 38% over two years ago.
LBN-NOTICED: ***Blake Shelton and Gwen Stefani are vacationing at his Oklahoma ranch with her three sons Kingston, 10, Zuma, 8, and Apollo, 2, as well as members of both of their extended families, including Gwen’s brother Todd Stefani, his wife Jennifer Stefani and their children and Shelton’s sister Endy Intieri, her husband Mike Intieri and their kids. The group had a big dance party at the house Thursday. ***Harvey Weinstein dining withQuentin Tarantino at the Grand Hotel Park in Gstaad, Switzerland, a few days before New Year’s Eve . . . FilmMagic. ***Adrien Grenier dining at Stephen Starr’s Upland on Park Avenue in NYC. ***Ansel Elgort lounging poolside at the Shelborne South Beach before dining later that night at Prime Fish on Miami Beach. ***New York Mayor Bill de Blasiohaving a shrimp and calamari appetizer for dinner at Old Homestead Steakhouse in NYC, while everyone else around him tucked into juicy steaks.
LBN-HOLLYWOOD INSIDER: Oscar-nominated film-maker Lee Daniels has criticized the #OscarsSoWhite controversy, saying that people need to “stop complaining”. Daniels, whose film Precious made him only the second black director to have ever been nominated for an Oscar, has spoken about his frustration with those who claim the past two years of all-white nominees is a clear sign of industry racism.
OUR REVIEW: “Even on our wedding day, we took the time to read LBN. Information is power and LBN is a power-tool. It keeps us informed and inspired.” —— M.R. and J.R., two LBN readers from Baltimore, Maryland.
LBN-VIDEO LINK: ONE OF THE MOST MEMORABLE TV INTERVIEWS OF THE YEAR -“Without Notes” with Father Michael Manning – Episode 3: Defending the Catholic Church
LBN-R.I.P.: ***Robert L. Hulseman, a corporate executive who developed the sturdy red Solo cup that became indispensable at picnics, tailgate parties and barbecues and inspired a song by the country singer Toby Keith, died on Dec. 21 at his home in Northfield, Ill. He was 84. His son Paul said the cause was complications of several strokes. ***Tyrus Wong, the Chinese-born visual artist whose painting inspired the early Disney masterpiece “Bambi,” died today at age 106. A documentary on his work and life debuted this year. His passing was announced on the film’s Facebook page.
LBN-SPOTLIGHT: “To laugh often and much; to win the respect of intelligent people and the affection of children; to earn the appreciation of honest critics and endure the betrayal of false friends; to appreciate beauty, to find the best in others; to leave the world a little better; whether by a healthy child, a garden patch or a redeemed social condition; to know even one life has breathed easier because you have lived. This is the meaning of success.” —– www.TheExcelCommunity.com
LBN-COMMENTARY by Peter Biskind: I have to say, I don’t think I’ve ever seen a Debbie Reynolds movie, and somehow I don’t think I’ve missed much. The press is wondering if she died of a broken heart, having seen daughter Carrie Fisher die the day before, but forgive me for my cynicism, but to me it seems like a case of competitive dying–echt Hollywood.
LBN COMMENTARY by Vince Imhoff (Attorney): I was saddened by both deaths. George Michael because I think Careless Whisper is a great song and has a lyric that showcases his song writing skills “…guilty feet ain’t got no rhythm…” As for Carrie I read Post Cards From the Edge, I was impressed with her honesty and insight. I really thought she was one of the best chroniclers of our times and culture. I especially loved her acceptance and skewering of Star Wars and Princess Leia. Come on, she killed Jaba the Hut with the instruments of torture he was using on her! Now that is bad ass.
LBN-A DIFFERENT VIEW:….
’ son said Friday his mother and sister, actress Carrie Fisher
, will have a joint funeral and will be buried together. Todd Fisher
says the actresses will be buried together at Forest Lawn-Hollywood Hills, the final resting place of numerous celebrities, including Lucille Ball
, Dick Van Patten
, Florence Henderson
, David Carradine
and Bette Davis
. The son said no date for the funeral has been set, but it will be private. Apublic memorial is being contemplated, but no plans have been finalized. ***2016 is ending on a high note for Danny Strong
and his girlfriend, Caitlin Mehner
. The “Gilmore Girls” actor/”Empire” co-creator announced his engagement via Instagram on Friday. ***Zsa Zsa Gabor
’s funeral was held Friday at the Church of the Good Shepherd in Beverly Hills, Calif., without any of the celebs her husband Frédéric Prinz von Anhalt
had promised in a previous press release. Anhalt led the service and took to the podium for a lengthy speech that was live-streamed online. He noted the sparse crowd, saying “the timing was bad” because of the holidays, adding that most of her friends had already passed away.
LBN E-Lert Edited By Addison Beaulieu
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