iStock/Thinkstock(NEW YORK) -- Stocks sink amid falling oil prices and fears of an economic slowdown around the world.
The Dow Jones Industrial Average dropped 177.92 (over 1 percent) to close at 16,027.05, despite sinking 400 points during the day.
The NASDAQ fell 79.39 (nearly 2 percent) to end the session at 4,283.75, while the S&P 500 closed at 1,853.44 down 26.61 (over 1 percent) from its open.
Crude oil sunk nearly 3 percent as prices fell just below $30 per barrel, causing energy stocks to take a hit. Chesapeake Energy Corporation tumbled over 33 percent at the close and shares in Williams Companies Inc fell nearly 35 percent. Billionaire investor Carl Icahn, Chesapeake's largest shareholder, lost nearly $80 million on Monday according to MarketWatch.
Despite the stock slump, gold prices boasted huge gains as investors continue to worry about economic growth. Gold futures hit nearly $1,200 an ounce for its biggest one-day gain since December 2014.
Chipotle Mexican Grill fell over 3 percent at the close as the food chain tries to earn back customers' trust after its two E. coli outbreaks. On Monday, Chipotle held a company-wide staff meeting and closed all of its locations to discuss a new food safety program with its employees. Earlier this month, the Centers for Disease Control and Prevention declared Chipotle's E. coli crisis officially over despite not discovering the source of the outbreaks.
Chris Hondros/Getty Images(NEW YORK) -- Starbucks customers will fall in love with some new drinks this Valentine's Day.
On Monday, the coffee company introduced a trio of new Molten Chocolate drinks for February 14 that could warm any cold heart.
There's the Molen Chocolate Latte, what Starbucks describes as "chocolaty chips...melted into espresso, then topped with steamed milk combined with bittersweet mocha sauce. This latte is finished with mocha and espresso-infused whipped cream and an espresso mocha drizzle. It's available hot and iced."
If you're not a fan of coffee, you can try the Molten Hot Chocolate with "bittersweet mocha sauce and chocolaty chips melted into steamed milk for a smooth and creamy taste. Mocha and espresso-infused whipped cream and espresso mocha drizzle tops off the beverage."
And for the cold-hearted, there's the Molten Chocolate Frappuccino that's "coffee with rich mocha sauce and chocolaty chips blended with milk and ice. This beverage is finished with mocha and espresso-infused whipped cream and an espresso mocha drizzle."
Get them while they're still hot (or cold), the Molten Chocolate beverages are only available from now until February 14.
Justin Sullivan/Getty Images(MENLO PARK, Calif.) -- The Zuckerberg family released a video to wish everyone a Happy Chinese New Year...in Mandarin.
"Last night at Facebook, we hosted our annual Lunar New Year celebrations," Zuckerberg said in Mandarin in the video posted to Facebook Sunday. "This year, we have the honor of hosting famous chefs from China representing many different cuisines for everyone at Facebook to experience. My favorite was duck!"
The 31-year-old Facebook CEO and his wife Priscilla Chan also announced that their newborn daughter Max now has a Chinese name, Chen Mingyu.
In a message accompanying the video post, Zuckerberg wrote, "Happy Lunar New Year from Priscilla, Max and me! In the Year of the Monkey, I hope you and all your loved ones find happiness, health and good fortune."
Zuckerberg has been trying to warm relations with China since the social media site was blocked in the country. According to the Los Angeles Times, he's been studying Chinese since 2010 and a few months ago delivered a 20-minute speech in Mandarin at Tsinghua University in Beijing.
iStock Editorial/Thinkstock(NEW YORK) — Chipotle restaurants across the nation are temporarily closing Monday in an effort to educate 60,000 employees about the food-borne illnesses that have rocked the company in recent months. Food safety protocols will also be explained in the meeting.
The company will be live-tweeting the meeting and streaming it on Periscope. More than 2,000 of the company's restaurants will be closed until 3 p.m. local time.
Well be live-tweeting our national employee meeting today to discuss recent and future food safety. And well be on #Periscope at 12pm EST.
According to a company press release, the Mexican chain restaurant will be sharing "information as to what may have caused some customers to become ill in 2015."
E. coli outbreaks at several Chipotle locations caused dozens of customers to become sick and have prompted a federal investigation and several lawsuits.
During Monday's meeting, Chipotle executives are expected to discuss the enhanced food safety protocols that were put in place after the outbreaks. The protocols involve high-resolution testing of the ingredients, changing workflow to have certain ingredients (like tomatoes) handled at central kitchens and changing the schedule of meat marinating.
iStock/Thinkstock(NEW YORK) — It's safe to say Super Bowl Sunday was one of the busier nights for mobile payments app Venmo but we'll let you draw your own conclusions as to why.
After the Denver Broncos bested the Carolina Panthers to take home the Lombardi trophy, Venmo users reported difficulty sending money through the app. Venmo's team acknowledged the issues on Twitter, writing "Our payments are experiencing some slowness but we're working hard on a fix. Hang tight!#sb50"
Our payments are experiencing some slowness but we're working hard on a fix. Hang tight! #sb50
The app was back to normal about two hours after the big game, according to status updates on Venmo's website. While the timing could of course be a big coincidence, some Twitter users had their theories as to why Venmo may have been overloaded.
ABC News(NEW YORK) -- The Doritos “Crash the Super Bowl” contest is in its 10th and final year and this year’s winner is Jacob Chase, a Los Angeles resident who walked away with $1 million for his Doritos commercial called “Doritos Dogs.”
“It was absolutely mind blowing,” Chase, who flew overnight to appear on ABC News' Good Morning America, explained of his surprise win. “Just seeing it air on TV was incredible alone, and then to get presented with this giant check was just absolutely amazing. I haven’t slept but I’m so grateful to be part of this experience.”
Chase’s 30-second ad features dogs trying to figure out how to get their favorite snack from a supermarket. The three dogs repeatedly try to get into the supermarket, only to be blocked by an employee. They then get the idea to stand one on top of the other and cover themselves with a coat and hat, and can be seen purchasing Doritos from a bewildered cashier.
He talked about his inspiration for the commercial, saying he and his girlfriend are dog lovers. Their dog, Misery, is one of the stars in the spot.
“My dog, Mis, she’s the little white dog in the commercial, she was a big inspiration,” he said. “We rescued her about three years ago and she’s been incredible to us and seeing her in a Super Bowl commercial in front of 100 million people is a dream come true.”
Chase, 29, was one of three finalists. He and the other two finalists were invited to the game, and he only found out he won when he saw his commercial air during the broadcast.
The winning ad was selected by fan votes at www.Doritos.com, the company said in a press release.
Not only does Chase win the money, he gets a chance to collaborate with director Zack Snyder while working with Warner Brothers Pictures and DC Entertainment, Doritos said in a press release.
He plans to use his prize money to pay off student loans and underwrite his dream of filming his own Hollywood movie.
“I’ll probably be responsible at first and pay off my student loans which would be awesome, but then I’d love to continue to try to make my dreams come true and put that toward making a movie or something,” he said. “I’ve got a couple ideas with my producing partner on this, Travis Brown. We’ve been writing a script together and are trying to make it happen.”
Chase is a writer for television and movies. The budget for his winning ad was $1,000, according to Doritos.
Chase’s ad was filmed at a neighborhood grocery store in the Los Angeles area. It was shot in one day.
“It was about a 12-hour shoot day, but it went really smoothly and I’m so proud of it,” he said. “$1,000 to $1 million dollars, what are the odds?
The other finalists were Peter Carstairs of Australia, whose ad was titled “Ultrasound.” That spot sent the brand trending when it aired. David Rudy’s commercial was titled “Swipe for Doritos.”
Carstairs and Rudy each won $100,000 in cash, plus a guaranteed creative project with Doritos, the company also said.
iStock/Thinkstock(NEW YORK) -- Tax season is here. And while you may have all of your documents ready, do you know who's doing your taxes?
If you have a tax preparer you trust and who's been able to save you money in the past, chances are you'll probably go back to that person. But what if you're looking someone new?
"You can find a list from the National Association of Enrolled Agents," says New York tax accountant Janice Hayman.
Once you're on the NAEA's website, you can use its search tools to narrow down your hunt for a tax preparer.
"It will list what they specialize in whether it's individuals, representations, small business, things of that nature," Hayman says.
You could also skip a preparer and opt to either file your own taxes, or do it yourself using one of the many tax software programs that are available. But Hayman recommends the personal approach.
"They will follow up with you if there are any notices that come up, any questions at all from any of the government agencies whether it's federal, state or local, you can contact that tax professional and they will work through the problem with you," she says.
TIMOTHY A. CLARY/AFP/Getty Images(SANTA CLARA, Calif.) — Peyton Manning must really love Budweiser.
Manning said twice during his post Super Bowl 50 interviews that he plannd to drink a lot of Budweiser Sunday night, but Budweiser's head of communications tweeted that the quarterback wasn't paid to mention the beer.
Mannings' comments came on the field and on the podium, both moments after his Super Bowl victory.
"I'm gonna drink a lot of Budweiser tonight, Tracy. I promise you that," Manning said first.
"I'm gonna drink a lot of beer tonight, Jim...Budweiser," he said later on the podium.
The Denver Broncos beat the Carolina Panthers 24-10 to win Super Bowl 50.
It’s the Broncos third Super Bowl Championship, and Manning, 39, is the oldest player to lead his team to a Super Bowl win.
iStock/Thinkstock(NEW YORK) -- Super Bowl 50 is here, which means one thing (besides football) -- commercials!
Here's a round up of some of the commercials airing during the big game.
Amy Schumer and Seth Rogen get political as they team up for the "Bud Light Party."
In this ad, actor T.J. Miller sits at a bar and takes insults from a Shock Top beer tap.
Two of the best lines in the ad are:
"You look like an unemployed Civil War general."
"You look like you're about to get evicted from your parents' basement."
The Kia Optima commercial features Christopher Walken in a couple's walk-in -- or “Walken" -- closet.
Snickers channels Marilyn Monroe for a "Happy 50th birthday" message to the Super Bowl.
Amazon's first-ever advertisement for the big game stars Alec Baldwin and Dan Marino and features Amazon's Echo speaker, which has been a surprise hit for the company.
Colgate shows support for water conservation instead of just advertising for toothpaste in its Super Bowl ad.
Skittles’ Super Bowl 50 ad, “Portrait,” stars Steven Tyler and was inspired by Skittles fans making things out of the multicolored candy.
This is only the second time Skittles has advertised in the Super Bowl.
Mountain Dew said its “Puppymonkeybaby” ad will debut during Super Bowl 50, marking the first in-game ad for Mountain Dew in more than 15 years.
Abby Wambach, Serena Williams and Tony Hawk are just a few of the famous faces in the Mini commercial.
Singing sheep take over in this Honda commercial.
Acura keeps it simple in this ad for the Acura NSX.
LG's "Man from the Future" ad stars Liam Neeson.
T-Mobile's "Restricted Bling" ad features rapper Drake.
Ryan Reynolds stars as many different characters in this spot for Hyundai -- an ad that's sure to convince any woman to purchase the car.
Axe released this 30-second spot called "Find Your Magic."
Avocados From Mexico
In this hilarious ad from Avocados From Mexico, aliens get a tour of a museum on Earth that features extinct human ideas -- like the Rubik's cube, emojis, commercial seating on airplanes and even TV star Scott Baio.
Heinz's ad shows a stampede of (hot) dogs running toward various Heinz products.
For Super Bowl 50, celebrate 20 years of Pokémon.
In this PSA for Budweiser, actress Helen Mirren speaks out against drunk driving.
See comedy stars Key and Peele in an ad for website builder Squarespace.
In the Pepsi spot, Janelle Monáe dances through the history of the soft drink.
The Schick Hydro ad shows the power of its "Robot Razors."
seewhatmitchsee/iStock Editorial/Thinkstock(NEW YORK) -- Twitter as you know it may soon be a thing of the past.
The social media company plans to introduce a new version of its timeline, featuring an algorithm that reorders tweets based on what it believes people most want to see. BuzzFeed News first reported the algorithmic timeline in June and now says that the change could happen as soon as next week.
It was not immediately clear whether the change would be mandatory or simply an option.
Users of the platform didn't take kindly to the rumored change, as the hashtag #RIPTwitter was the number one trending topic in the United States and worldwide Friday night into Saturday.
In November, Twitter eliminated the popular "favorites" option and the gold star that accompanied it in favor of "likes" and a pink heart. The company also says it is considering a rethinking of its 140 character limit.
iStock/Thinkstock(NEW YORK) -- The latest jobs report pulled the major indexes lower at the close on Friday with major tech stock sell-offs.
The Dow Jones Industrial Average dropped 211.75 (over 1 percent) to close at 16204.83.
The tech-heavy Nasdaq fell 146.42 (about 3 percent) to end the session at 4363.14, while the S&P 500 closed at 1880.02 down 35.43 (nearly 2 percent) from its open.
Crude oil slid over 2 percent on Tuesday, moving the price to hover at $30 a barrel.
According to the U.S. Labor Department, there was a slowdown in job creation in January with about 151,000 jobs created. Experts were anticipating somewhere around 180,000 jobs to be created after the end of 2015 posted strong gains. The good news is the unemployment rate was pushed down to 4.9 percent, its lowest since February 2008. Plus, there was wage growth of about 2.5 percent in the past year with the average wage jumping to $25.39 an hour in January.
LinkedIn's stock sunk nearly 44 percent, its worst single-day loss ever, a day after the social media site reported a weak outlook for 2016. Despite beating investors' expectations with EPS and revenue, LinkedIn said in its fourth-quarter report that revenue in quarter one would hit the $820 million mark, lower than the Wall Street-anticipated $867 million. Forbes also attributed the stock slump to an economic slowdown in other countries (Europe, the Middle East, Africa, and Asia) as well as a fall in online sales, such as its premium subscription service.
A patent licensing deal between GoPro Inc. and Microsoft caused Go Pro Inc.'s shares to soar over 5 percent in after hours trading. According to a statement from Microsoft, the agreement involves file storage and other system technologies. President of Microsoft Technology Licensing Nick Psyhogeos said, "Microsoft’s licensing of personal wearable technologies is seeing strong demand as we partner with companies from all industries to optimize solutions for their customers around the globe.”
Lyst(NEW YORK) -- Barbie isn't the only one with a new look.
Just days after the announcement of Barbie's newly expanded "Fashionista" line, which includes tall, curvy and petite dolls, the U.K. based e-commerce website Lyst released a photo of their version of a modern-day Ken doll collection, which shows Ken re-imagined with different heights, skin tones, hair textures and body types.
Lyst decided to create their Ken doll "Fashionisto" collection after noticing a demand for an updated Ken doll on Twitter following the release of the new Barbie dolls.
"Twitter users demanded to see Ken’s matching makeover, so fashion shopping site Lyst decided to bring body-positive Ken to life, embracing a more realistic version of manhood in 2016," the company said in a press release.
The "Fashionisto" Ken lineup includes "Beach DadBod Ken, Bearded Hipster Ken, and Balding Ken, alongside black, Asian and petite Kens," according to the release.
Katherine Ormerod, editorial director at Lyst, told ABC News that although the "Fashionisto" line of Ken dolls is just a visualization right now, consumers have flocked to the idea and are enthusiastic about the production and sale of the dolls in real life.
"We've been inundated with requests for us to produce and sell the dolls, which gives a real insight into the appeal of the more diverse Kens," Ormerod said. "Hipster Ken seems to be the favorite by a long way.... It's clear from the response that the world needs more Kens."
Ormerod noted that the company used the new Barbie lineup as a starting point and attempted to mirror some of Barbie's changes, while adding in some "distinctly male realities" in order to create their realistic and body-inclusive "Fashionisto" line.
"Real men don't all look like Ken, just as real women don't all look like Barbie — so it's about time the doll was more reflective and a bit more body positive," Ormerod said. "Men need plastic role models too. Ken has been a top menswear influencer for over 50 years, but like Barbie, he needs a makeover every now and again."
Amazon(NEW YORK) -- How's this for making your Super Bowl weekend a little more enjoyable?
Amazon's Echo speaker can now hail an Uber, order a pizza and play music from Spotify.
The tremendously popular Echo, which is a hybrid between a speaker and a personal assistant, debuted its three new skills this week.
Want to start using the new tricks? Here's what you'll need to do.
Open the Alexa app and set the speaker's location under settings. Next, enable the Uber skill, link your account and you're all set. When it comes time to leave, say: "Alexa, ask Uber to request a ride" and you'll be on your way in minutes.
Premium Spotify users can link their account through the Alexa app. After that, DJ Alexa will take care of any requests. Simply say: "Alexa play today's hits on Spotify" and you're all set to jam out to more than 30 million songs available on the service.
After downloading the Domino's app, choose your go-to order to save. Next, enable the Domino's skill in the Alexa app, link your account and you're all set. When a pizza craving hits, just say, "Alexa, open Domino's and place my easy order."
You can also check on the status of your pie by saying, "Alexa, ask Domino's to track my order."
iStock/Thinkstock(WASHINGTON) — The U.S. Department of Labor released the jobs report for January 2016, and the numbers are worse than economists predicted. Employers added 151,000 jobs in January as opposed to the 185,000 economists expected, according to the Bureau of Labor Statistics.
The unemployment rate dropped from 5.0 percent to 4.9 percent.
Chief Economist Megan Greene, however, says not to worry. Greene believes the numbers are still good despite missing the headline expectation because the report indicates employers are hiring in high wage sectors.