There’s no denying that Oprah Winfrey has the Midas touch. When she cosigns a brand, they are more than likely to soar. This proved to be true for Weight Watchers. After Oprah took to Twitter to share a video detailing how she dropped 26 pounds using Weight Watchers while still eating bread daily, the company’s shares catapulted more than 20 percent, and rose to $13.29 per share. Prior to the video, which was posted around 12:00 p.m. Tuesday, Weight Watchers’ stocks were $11.35 per share. The video, which was tweeted out to her 30.9 million followers, earned O $12.5 million, since she owns 10 percent of the company’s stock. “I love bread. I now just manage it,” she said in the video. “I don’t deny myself bread. I have bread every day. That’s the genius of this program. I lost 26 pounds and I have eaten bread every single day.” Oprah bought a 10 percent stake in Weight Watchers last year. The company saw a rise in shares after her investment was announced. Read more.
Aretha Franklin Offering Hotel Rooms, Food, and Water for Flint Residents
As Flint, Mich. still remains in the midst of a water crisis, many celebrities are stepping up and using their resources to help local residents. Legendary songstress Aretha Franklin will reportedly provide hotel rooms at the Holiday Inn in Southfield with food and refreshments. Those residing in Flint will be screened beforehand at New Bethel Baptist Church in Detroit, where Franklin’s father once led the congregation. “Detroiters usually come to the aid of Detroiters — and Flint is certainly regarded as Detroit,” she said during a recent interview. “Hang in there.” Franklin is gearing up for a concert at The Colosseum at Caesars Windsor on Feb. 13 and is also working on her own line of food. Read more.
Donald Trump to Skip GOP Debate Hosted by Fox News
GOP frontrunner Donald Trump has decided to back out of Thursday’s Republican Presidential debate because he has something against Fox News reporter Megyn Kelly, who is slated to be the moderator. Trump and Kelly bumped heads during the first GOP debate last summer. “I don’t think she’s a professional. I don’t think she’s a talented person,” he said during a recent interview. Trump’s camp released a statement saying that he will host an event for veterans instead of attending the debate. While on air on Tuesday evening, Kelly threw a subliminal message at Trump while discussing the upcoming debate by saying, “Not everyone is showing up, we hope you will.” Read more.
VIDEO SOURCE: Inform
NEWS ROUNDUP: Oprah Loses 26 Pounds, Gains $12.5M On Weight Watchers Stock…AND MORE was originally published on newsone.com