Finance


Where Americans lost jobs: Restaurants and retailers Where Americans lost jobs: Restaurants and retailers
- October 07, 2017

That compares with an average gain of 172,000 jobs per month over the last 12 months. While jobs were lost , the unemployment rate dipped slightly to 4.2 percent as those listed as unemployed shrunk by 331,000. Hourly employees in the area who couldn't work and missed a paycheck would be counted as not working, thereby lowering the September job gain. In September, the pool of unemployed individuals was at 6.8 million . (more...)
Cheap solar energy the fastest growing new power source Cheap solar energy the fastest growing new power source
- October 06, 2017

Despite policy uncertainties at the federal level, the United States remains the second-largest growth market for renewable . The IEA report said China represents half of global solar photovoltaic demand, and Chinese companies manufacture around 60 percent of the world's panels. (more...)
Guns, loaded high-capacity magazines found in Vegas shooter's room Guns, loaded high-capacity magazines found in Vegas shooter's room
- October 06, 2017

Danley's statement came after she went to the Los Angeles offices of the Federal Bureau of Investigation (FBI) for questioning, according to a law enforcement official. Danley addressed claims Paddock had given her money so she would be out of the country during the shooting. "Currently, she's a person of interest", the sheriff said. (more...)
British retail giant Tesco makes a 'turnaround', reports a rise in profits British retail giant Tesco makes a 'turnaround', reports a rise in profits
- October 05, 2017

In recent days, Tesco has not been the favourite of many City analysts either, with Credit Suisse warning that it remains most at risk of the big four United Kingdom supermarkets from the continuing rise of discounters Aldi and Lidl, while Berenberg said that Tesco investment case hung on margin recovery in the United Kingdom business that looks challenging given the structural and competitive pressures in the market. (more...)
Ford to stake future on trucks and electrification Ford to stake future on trucks and electrification
- October 05, 2017

The automaker declared an objective of accomplishing 8 percent automotive operating margins and generating returns that exceed the expense of capital. United States automaker Ford Motor Co is overhauling its China plans as its global "One Ford" strategy is holding it back in the world's biggest auto market, two high-ranking company insiders told Reuters . (more...)
Marilyn Manson cancels Milwaukee performance after injury on stage in NY Marilyn Manson cancels Milwaukee performance after injury on stage in NY
- October 04, 2017

It was later announced the show was over due to injury , after he was rushed to hospital following the shocking incident. The night before he had a show in Pittsburgh, Pennsylvania where he explained that he was in pain. He explained: "Manson suffered an injury towards the end of an incredible NYC show". Manson bandmate Tyler Bates alluded to the fact that the singer would likely be missing some time in an Instagram post (seen below) this morning. (more...)
U.S. expels 15 Cuban diplomats U.S. expels 15 Cuban diplomats
- October 04, 2017

The State Department declined to comment on an expulsion plan, except to say that Secretary of State Rex Tillerson "continues to evaluate steps that the Department can take to ensure the Cuban government is accountable to its responsibility to protect diplomats". (more...)
Engine blowout forces Air France flight to divert to Newfoundland Engine blowout forces Air France flight to divert to Newfoundland
- October 01, 2017

The plane managed to land successfully with the airline saying staff had responded "perfectly". The Air France plane, which was reportedly flying from Paris to Los Angeles, had to make the unscheduled stop in Canada at around 5.30pm. Air France says the landing was due to a mechanical issue, reports and pictures of the aircraft show severe damage to one of the plane's engines. It is one of the powerplant options available for the Airbus A380, along with the Rolls-Royce Trent 900. (more...)
US Ambassador Falsely Claims Israel Only Occupies 2% Of West Bank US Ambassador Falsely Claims Israel Only Occupies 2% Of West Bank
- October 01, 2017

The US' ambassador to Israel has been admonished by Washington DC for giving an interview in which he suggested that only two per cent of land in the West Bank is occupied by Israel. "I think that was always the expectation when Resolution 242 was adopted in 1967". Meanwhile, al-Ayyam said Palestine's representative to Washington Hosam Zomlot met with United States officials to discuss peace efforts. (more...)
German police arrest suspect over alleged supermarket extortion attempts German police arrest suspect over alleged supermarket extortion attempts
- October 01, 2017

The threat was deemed to be credible because the police and stores threatened had received an email warning that a certain number of jars of poisoned baby food had been placed in specific locations. "We are taking the threat very seriously", Konstanz deputy chief of police Uwe Stuermer said in a news conference. The suspect's name was withheld under German privacy laws. (more...)
Whole Foods Discloses Credit Card Breach Whole Foods Discloses Credit Card Breach
- September 30, 2017

In response to Gizmodo's inquiry on Thursday, Whole Foods declined to say how many of its stores may have been involved or where they were located. That said, the company notes that it is working with "a leading cybersecurity forensics firm" as well as law enforcement to figure out exactly how this all went down. (more...)
Gatwick Airport hit by global computer system crash - is YOUR flight affected? Gatwick Airport hit by global computer system crash - is YOUR flight affected?
- September 29, 2017

A spokesperson for Royal Dutch Airlines said 24 flights had been delayed from Schiphol Airport in the Netherlands as of 1302 UTC due to Amadeus outages. A problem with Delta's system grounded flights across the world in January , while a problem with the British Airways system caused thousands of cancellations in May . (more...)
Unilever to Buy Carver Korea for 3 Trillion Won Unilever to Buy Carver Korea for 3 Trillion Won
- September 27, 2017

Carver Korea's AHC brand, pictured here, will be acquired by Unilever. "It will significantly strengthen our position in North Asia, the largest skincare market in the world". Meanwhile, Unilever's acquisition of Carver Korea has set a new record for the largest merger and acquisition of domestic consumer goods, surpassing LG Household & Health Care's merger and acquisition of The Face Shop in 2010 for 446.7 billion won (US$402 million). (more...)
Uber tops 500 000 signatures on petition to halt London ban Uber tops 500 000 signatures on petition to halt London ban
- September 27, 2017

Khosrowshahi also personally appealed to TfL following the decision to reject the application for a new licence, saying: "We are far from flawless, but we have 40,000 licensed drivers and 3.5 million Londoners depending on us". "I have every sympathy with Uber drivers and customers affected by this decision but their anger really should be directed at Uber ". In addition to the apology, Uber started a petition to reverse the ban . (more...)
Trump on Obamacare Repeal Effort: 'That's the End of That' Trump on Obamacare Repeal Effort: 'That's the End of That'
- September 26, 2017

Lindsey Graham, R-S.C., Bill Cassidy, R-La., Dean Heller, R-Nev., and Ron Johnson, R-Wisc. The Senate has until Friday to vote on the bill. That includes IN and Arkansas, as well as swing states like Florida, Pennsylvania, and OH, which proved critical to Trump's victory. (more...)
Gas Prices Decreasing After Hurricanes Harvey And Irma Gas Prices Decreasing After Hurricanes Harvey And Irma
- September 26, 2017

Houston-area fuel prices are down to $2.42 for a gallon of regular unleaded, which is a 3-cent dip in the last week, while the national average is down 5 cents to about $2.56. That's good news for travelers seeking to get in a road trip before winter. The least expensive gas price averages in Florida are in Pensacola ($2.60), Tallahassee ($2.60) and Tampa-St. (more...)
Sydney airport chaos as system outage grounds planes Sydney airport chaos as system outage grounds planes
- September 26, 2017

Air Services, an air traffic control provider, confirmed the technical issue and said it was affecting arrivals and departures at Sydney Airport. "Our technicians are now working to rectify the situation", ASA said. Grounded passengers took to social media during the incident to express their frustration with the lack of information provided about flights. "We are working to have all guests on their way as quickly and safely as possible", it said in a statement. (more...)
Russian Federation says Washington, North Korea should calm 'hot heads' Russian Federation says Washington, North Korea should calm 'hot heads'
- September 25, 2017

Wang said that the situation of North Korea is of utmost importance and is of common concern among the United Nations member countries. He even raised concern over the Palestinian issue and said that the latter deserve just treatment and illegal settlements must be stopped. (more...)
Uber Displeased: Petition to Save App in London Nears 1 Million Signatures Uber Displeased: Petition to Save App in London Nears 1 Million Signatures
- September 25, 2017

Possibly Transport for London and Sadiq Khan thought there was an easy propaganda hit to be had at the "gig economy" by removing Uber's licence . The decision in their favour was thought to open up the possibility of claims from all of its 40,000 drivers in the United Kingdom, who are now not entitled to holiday pay, pensions or other workers' rights. (more...)
Dollar bulls awaken as Yellen announces twin tightening
- September 23, 2017

The announcement marks a milestone in the long recovery from 2008. The news of the balance sheet wind back had been widely expected from the two day meeting, while the estimate of four more rate rises in the next 15 months was a bit of a surprise. (more...)
Tesla is designing its own computer chip for self-driving cars Tesla is designing its own computer chip for self-driving cars
- September 22, 2017

GlobalFoundries said in a statement that the company does not comment on customers or potential customers, and denied that Jha said the company was working directly with Tesla . Shares of the stock ended the day almost 5 per cent higher and continued to rise after hours. That doesn't totally preclude AMD , which declined to comment on the report . (more...)
No Dice: Ryanair staff overwhelmingly reject the company's €12000 bonus payment deal No Dice: Ryanair staff overwhelmingly reject the company's €12000 bonus payment deal
- September 22, 2017

Chief executive Michael O'Leary will tell pilots who plan to take four weeks of consecutive holiday in the coming months will be told to reduce it to three weeks, with the lost leave to be taken in January. Italian Transport Minister Graziano Delrio said this week customers' rights had to be protected, adding: "We can not make allowances for anyone who creates so much inconvenience". (more...)
Carney Sees Brexit Pushing up Inflation Carney Sees Brexit Pushing up Inflation
- September 21, 2017

Some analysts predicted that there could be a United Kingdom interest rate hike as soon as November, with another following in the first half of 2018. We also believe that the case for further BoE action after any initial hike will be limited by persistent slow United Kingdom growth, a steady easing back in consumer price inflation after a probable peak just above 3% in late-2017 (as the impact of sterling's past sharp drop fades) and Brexit uncertainties. (more...)
Ryanair, Norwegian Air end talks on flight connections Ryanair, Norwegian Air end talks on flight connections
- September 19, 2017

Ryanair (FR, Dublin Int'l ) will cancel nearly 2,000 flights through the end of the current summer season as part of what it says, is an effort to improve its record of on-time flights . "Previously, the carrier was happy to suggest that you get what you pay for and despite negative press lots of flyers embraced the fact that they knew the score and were happy to fly without the frills". (more...)
Budget airline cancels dozens of flights a day Budget airline cancels dozens of flights a day
- September 18, 2017

And the Commission for Aviation Regulation says it wants all passengers affected to be aware of their rights. If you know in advance that you haven't got the pilots, then maybe you shouldn't sell airline ticktets for flights that are never going to take off? Ryanair says it only affects two per cent of its schedule. (more...)
BTCChina Announces They Will Stop Trading by End of Month BTCChina Announces They Will Stop Trading by End of Month
- September 16, 2017

Shanghai-based business media Yicai is reporting that Shanghai's Municipal Financial Service Office has issued verbal warnings to Bitocin exchange startups that are being interpreted as guidance that they should stop trading. The price of bitcoin has fallen 38% since the beginning of this month as Chinese authorities are tightening their grip on cryptocurrencies . Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. (more...)
Oil jumps to five-month high on forecasts that glut will recede Oil jumps to five-month high on forecasts that glut will recede
- September 16, 2017

The report said its collective production was 32.76 million barrels a day last month, more than 79,000 barrels less than July. Oil topped US$50 (RM209) a barrel for the first time and closed at a six-week high amid heightened optimism that a demand resurgence is in the offing. (more...)
Direct Line Insurance Group Shares Recommendation Reiterated by Goldman Sachs Group, Direct Line Insurance Group Shares Recommendation Reiterated by Goldman Sachs Group,
- September 15, 2017

J.P. Morgan has "Overweight" rating and GBX 6100 target. Grafton Group plc engages in the merchanting, retailing, and mortar manufacturing businesses in Belgium, Ireland, the Netherlands, and the United Kingdom. Among 4 analysts covering Arbor Realty Trust ( NYSE:ABR ), 2 have Buy rating, 0 Sell and 2 Hold. Therefore 91% are positive. Sometimes, investors will have a few missteps that generally include buying when the market is too high, selling when the market is low, or being on the ... (more...)
How Many Healthcare Realty Trust Inc (NYSE:HR)'s Analysts Are Bullish? How Many Healthcare Realty Trust Inc (NYSE:HR)'s Analysts Are Bullish?
- September 13, 2017

Brokerage houses, on average, are recommending investors to hold Brandywine Realty Trust ( BDN)'s shares projecting a $18.28 target price. Therefore 47% are positive. Sfmg reported 73,960 shares. The average investment recommendation for VER, taken from a group of Wall Street Analysts, is 2.60, or a hold. Oregon Employees Retirement Fund stated it has 0.02% of its portfolio in Federal Realty Investment Trust (NYSE: FRT ). (more...)
Huge crane atop Downtown Miami high-rise collapses in Irma's winds Huge crane atop Downtown Miami high-rise collapses in Irma's winds
- September 12, 2017

As Miami was hammered by tropical storm force winds and the occasional hurricane force gust generated by Hurricane Irma , the booms of two tower cranes in the city came down Sunday . "We've got to follow our protocol", he said. "It will be done by wind-blown debris". Hurricane Irma made landfall in the Florida Keys on Sunday morning as a Category 4 storm. (more...)
Wall Street opens higher as Irma, North Korea fears ebb Wall Street opens higher as Irma, North Korea fears ebb
- September 12, 2017

Hurricane Irma lost some of its steam over the weekend and was downgraded to a Tropical Storm early Monday as it moved along the Florida coastline and into the southeastern U.S. Among them, Marinus Pharma (MRNS.O) surged about 56 percent and Idera Pharma (IDRA.O) gained about 16 percent. Wall Street opened higher, with the Dow climbing 0.8 percent in the first minute of trading. (more...)
Uber Is Phasing Out Fossil Fuel-Powered Cars In London Uber Is Phasing Out Fossil Fuel-Powered Cars In London
- September 10, 2017

In the longer term, the United States company said that by 2025 all of its cars in London must be fully electric or a plug-in hybrid, on which the battery typically lasts about 40 miles before switching to petrol. "Our scrappage scheme will also take polluting vehicles off the road and encourage Londoners to get into a shared auto to connect with public transport instead", said Jones. (more...)
UK Industrial Output Growth Slows In July UK Industrial Output Growth Slows In July
- September 10, 2017

The Office for National Statistics said that manufacturing rose 0.5 per cent in July, its first monthly growth this year, buoyed by increasing auto production with new models. United Kingdom manufacturing output is proving stronger than expected, official figures confirmed on Friday, as export and import prices for goods fell as the pound strengthened slightly. (more...)
Pakistan's Habib Bank to pay $225m NY fine Pakistan's Habib Bank to pay $225m NY fine
- September 09, 2017

He advised Islamabad that "It's time for Pakistan to demonstrate its commitment to fight terror". Earlier, Habib Bank Ltd, facing a possible $ 630 million fine over compliance failures by its NY branch, admitted mistakes but denied any wrongdoing and said the penalty sought by USA regulators was disproportionate. (more...)
Flipkart announces annual 'Big Billion Days' sale on Sept 20-24 Flipkart announces annual 'Big Billion Days' sale on Sept 20-24
- September 09, 2017

This will be the fourth edition of the Big Billion Day, and will be held from September 20 to 24, just ahead of Dussehra. Ravichandran said the company was planning to have a few more sale events before Diwali , which falls mid next month. (more...)
No-fly list comes into force; unruly passengers can face lifetime ban No-fly list comes into force; unruly passengers can face lifetime ban
- September 09, 2017

The Directorate General of Civil Aviation ( DGCA ) has revised the relevant sections of the Civil Aviation Requirement - CAR Section 3, Series M, Part Vl on Handling of Unruly Passengers - to bring in a deterrent for passengers who engage in unruly behaviour on board aircraft, the government said in a statement. (more...)
Had to come back to India to exchange scrapped notes: Rajan Had to come back to India to exchange scrapped notes: Rajan
- September 09, 2017

Asia's third-largest economy aims to trim its fiscal deficit to 3.2 percent of GDP in 2017/18, down from 3.5 percent the year before. Demonetisation has come at a huge cost for the Indian economy, former Reserve Bank of India (RBI) governor Raghuram Rajan has said. (more...)
Coca-Cola Company (The) (KO) Shares Bought by Osborne Partners Capital Management LLC Coca-Cola Company (The) (KO) Shares Bought by Osborne Partners Capital Management LLC
- September 07, 2017

The P/E Ratio measures its current share price relative to its per-share earnings. This content is syndicated and distributed across its clients' marketing channels. The stock has "Market Perform" rating by BMO Capital Markets on Monday, July 31. The stock of The Coca-Cola Co (NYSE:KO) earned "Hold" rating by Deutsche Bank on Tuesday, December 13. (more...)
GOP clashing over Harvey relief, debt limit GOP clashing over Harvey relief, debt limit
- September 07, 2017

Sen. Roy Blunt (R-Mo.) said Sunday on NBC News' " Meet the Press " that "in the intel committee that I serve on, I think it doesn't disclose anything to say that in the past year [North Korea] has probably been the No. "The president and I believe that it should be tied to the Harvey funding". "Providing aid in the wake of Harvey and raising the debt ceiling are both important issues, and Democrats want to work to do both", they said. (more...)
Adirondack Research & Management Increased Pan American Silver (PAAS) Holding; Highfields Capital Management
- September 05, 2017

Hap Trading Llc decreased Anadarko Pete Corp ( APC ) stake by 46.97% reported in 2016Q4 SEC filing. Whiting Pete Corp New now has $1.66B valuation. The Carmignac Gestion holds 50,000 shares with $3.49M value, down from 13.94M last quarter. WALKER R A bought 19,300 shares worth $1.00M. Shares for $1.04M were bought by FLUOR PETER J . Among 33 analysts covering Whiting Petroleum Corporation ( NYSE:WLL ), 8 have Buy rating, 6 Sell and 19 Hold. (more...)
U.S. job growth slows in August U.S. job growth slows in August
- September 03, 2017

The total nonfarm payroll employment increased by 156,000 in August, below market expectations of 180,000, and the unemployment rate ticked up 0.1 percent to 4.4 percent, the Labor Department said. The Federal Open Market Committee (FOMC) will hold its next policy meeting on September 19-20. The dollar index was set to gain just 0.1 percent for the week after posting its biggest percentage decline in more than a month, of 0.7 percent, last week. (more...)
Brokerages Set Intertek Group plc (ITRK) Target Price at $4098.60
- September 03, 2017

Another recent and important Staffline Group Plc (LON:STAF) news was published by Fool.Co.Uk which published an article titled: "Will Tesco plc, Staffline Group plc and Connect Group plc's UK focus prove to ..." on July 05, 2016. Canaccord Genuity maintained UBM Plc (LON:UBM) rating on Friday, July 31. The rating was maintained by Maxim Group on Monday, December 19 with "Buy". (more...)
Wall Street opens higher as data lowers rate hike view Wall Street opens higher as data lowers rate hike view
- September 02, 2017

This was a technical level that acted as resistance in the past week. Health care and technology companies lead the way and the Nasdaq composite closed at a record high. Baird's Antonelli. The core personal consumption expenditures (PCE) price index - the Fed's preferred inflation measure - increased 1.4 per cent in the 12 months through July, its smallest year-on-year increase since December 2015. (more...)
Dollar General Corporation Target of Unusually High Options Trading (DG) Dollar General Corporation Target of Unusually High Options Trading (DG)
- September 01, 2017

Seven analysts surveyed by Zacks expected $5.82 billion. Dollar General Corporation's quarterly revenue was up 8.1% compared to the same quarter previous year. A number of key analysts, polled by FactSet, shared their views about the current stock momentum. If you are accessing this story on another domain, it was illegally copied and reposted in violation of United States & worldwide copyright & trademark law. (more...)
AG To Gas Stations: Don't Even Think About Price Gouging AG To Gas Stations: Don't Even Think About Price Gouging
- September 01, 2017

Businesses found guilty of price gouging can face fines of $20,000, according to Gritpost . Legal penalties run to as much as $20,000 per occurrence, or up to $250,000 if the victim is 65 or older. But what's the difference between supply-and-demand pricing, and price gouging? Houston resident John McGovern told Grit Post that a Best Buy on Highway 290 in Cypress was selling packs of bottled water for $42.96 each. (more...)
Mortgage rates continue their month-long slide Mortgage rates continue their month-long slide
- September 01, 2017

Mortgage buyer Freddie Mac said today the rate on 30-year, fixed-rate mortgages fell to 3.82 percent from 3.86 percent last week. ARM interest rates in the 10 year category have been published at 3.000% today and the April is 3.709%. Even with these predictions of a continuation of low rates, economists expect the Fed will raise rates by another quarter-point before the end of the year. (more...)
Cisco Systems, Inc. (NASDAQ:CSCO) 52 Week High stands at 34
- August 31, 2017

Over the past five trading sessions shares of Cisco Systems, Inc. It has underperformed by 49.72% the S&P500. CHANDLER MARK D also sold $544,640 worth of Cisco Systems, Inc. John T. Chambers, Executive Chairman disclosed the sale of 250,000 shares of CSCO stock. Payden & Rygel holds 2.38% or 855,000 shares. 11,340 are owned by Artemis Investment Ltd Liability Partnership. (more...)
Google Assistant is making its way to third-party speakers and appliances Google Assistant is making its way to third-party speakers and appliances
- August 31, 2017

The TicHome Mini is a portable connected speaker with full Google Assistant support, the ability to play music over WiFi or Bluetooth, and has IPX6 certification so it is splashproof. Many people who use Google Assistant regularly probably already have a Google Home , but offering options for newcomers to the ecosystem certainly isn't a bad thing. (more...)
Novartis Gets FDA Nod For Leukemia Gene Cell Therapy Novartis Gets FDA Nod For Leukemia Gene Cell Therapy
- August 31, 2017

The T-cells are collected then sent to a manufacturing center where they are genetically modified before being infused back into the patient. "In clinical trials in patients treated with CAR-T cells", the FDA reported, "69% of patients had complete resolution of CRS within two weeks following one or two doses of Actemra". (more...)
Jeff Immelt of General Electric quits race to be Uber boss Jeff Immelt of General Electric quits race to be Uber boss
- August 30, 2017

Uber has been run by a committee of 14 senior executives since Mr Kalanick's departure in June. Other Uber investors have lashed out at Benchmark and tried to get the firm to forfeit its board seat. Sources close to Meg Whitman said she has not been informed of any choice nor had the board agreed to some the the things she was asking for to take the job. (more...)