Business

Job Growth in the First Quarter of 2018 Remains Strong

Job Growth in the First Quarter of 2018 Remains Strong Friday's jobs report showed continued healthy gains in manufacturing and mining, two industries that Trump has sought to bolster and are also getting a boost from a stronger global economy and recovery in the oil and gas business. While the official unemployment rate held steady for a sixth-straight month in March, the underemployment rate, which captures those out of work and those who want f... [Full Article...]

Government's sugar tax comes into force

Government's sugar tax comes into force The UK government opted to introduce a tax on sugar-sweetened beverages in 2016 - but the two-year grace period means that the country will begin enforcing the policy on 6 April. Leading brands in the United Kingdom, such as Fanta, Ribena and Lucozade, have cut the sugar content of drinks. Many argue that having a Coke or whatever other sugary drink is a personal choice and shouldn't be taxed - ... [Full Article...]

Rest In Peace, Takahata Isao

Rest In Peace, Takahata Isao Isao Takahata died Thursday of lung cancer at a Tokyo hospital, according to a studio statement Friday. Graduating from the University of Tokyo in 1959, a friend convinced the 24-year old Takahata to apply to Toei Animation, where he was accepted and made his directorial debut with The Great Adventure of Horus, Prince of the Sun (1968). [Full Article...]

Mark Zuckerberg Will Testify In Front Of Congress For Facebook Scandal

Mark Zuckerberg Will Testify In Front Of Congress For Facebook Scandal Facebook CEO Mark Zuckerberg will testify on Capitol Hill on April 11 before the powerful House Energy and Commerce Committee, to answer questions about how the company protects its users' data. Egan and Beringer said Facebook will go further in explaining how it gathers information from phones and other devices. The social networking giant said it revoked the accounts of 70 Facebook and 65 In... [Full Article...]

Spotify's market value hovers at around $29B

Spotify's market value hovers at around $29B Yesterday SMT shares slid over 3% or 14p to 428p, taking their decline over three months to 5%, closing at a 1.5% discount to net asset value. CEO Daniel Ek, who owns just over 9 percent of the music streaming company, is now sitting on about $2.3 billion of Spotify stock at its current price. [Full Article...]

21st Century Fox proposes Sky News sale to Disney

21st Century Fox proposes Sky News sale to Disney Fox is in the process of selling the bulk of its assets to Disney , including its Sky stake, but said the sale of Sky News could take place regardless of whether the two companies' £51bn mega-merger goes ahead. Fox said: 'We are aware that a group of politicians that is opposed to the transaction is seeking to influence the CMA and is making a number of unsupported and fanciful assertions. [Full Article...]

Markets Right Now: Stocks move solidly higher on Wall Street

Markets Right Now: Stocks move solidly higher on Wall Street The Dow Jones industrial average fell 1.9 percent to 23,644.19. The S&P 500 fell by 2.3 percent, after recovering from a decline of around 3 percent. Brent crude, used to price global oils, rose 16 cents to $67.80 in London. Amazon spiked 2 percent to $1,403 after Bloomberg News reported that the White House isn't talking about taking any steps against the company. [Full Article...]

Berks among counties with most distracted driving citations

Berks among counties with most distracted driving citations Michigan State Police remind everyone to drive responsibly and focus on the road. Although people know texting and driving is risky, Cruz said people don't even think twice about doing it. "Our roads can be a risky place, which means we all have to take great care", she said. "Awareness of the issue really is one small way that we're trying to combat distracted driving". [Full Article...]

Amazon shares slump after Trump Tweet

Amazon shares slump after Trump Tweet Beta used in the capital asset pricing model (CAPM), which determine the expected return of an asset based on its beta and look ahead to market returns. "We believe the US Postal Service has gained share from Amazon which is helping the USPS stay afloat", Morgan Stanley analysts wrote . Furthermore, on Saturday the president said this arrangement amounts to Billions of dollars lost. [Full Article...]

Barclays to pay $2B to settle fraud claims from 2000s housing crisis

Barclays to pay $2B to settle fraud claims from 2000s housing crisis Barclays also reached an agreement with former executives, Paul Menefee, the head banker on Barclay's subprime RMBS securitizations, and John Carroll, the head trader for subprime loan acquisitions. Big banks typically negotiate a settlement rather than risk a protracted and reputation-damaging courtroom showdown with USA lawyers. The settlement comes almost a month after Barclays confirme... [Full Article...]

Australian government says not planning to boycott World Cup

Australian government says not planning to boycott World Cup Australia also said it would also expel two Russian diplomats in response to the incident that the British government has blamed on Moscow. 'There are a whole range of options of further actions that could be taken. Bishop later tweeted a link to an SBS News story on the boycott, saying, "That is wrong - the government is not considering a boycott of the #World Cup". [Full Article...]

China extends its influence on the crude oil market to pricing

China extends its influence on the crude oil market to pricing U.S. West Texas Intermediate (WTI) crude futures fell 26 cents to $65.62. The skeptics say that capital controls, regulatory risks, and state intervention in other Chinese securities have made investors distrustful about the possibility that Shanghai futures will become a regional factor for pricing. [Full Article...]

Massachusetts may join suit over census question

Massachusetts may join suit over census question In an eight-page memo Commerce Secretary Wilbur Ross says the Justice Department has requested that the census ask who is a citizen in order to help determine possible violations of the Voting Rights Act, to help enforce that law... Massachusetts Secretary of State William Galvin, a Democrat, tells The Associated Press that he expects his state would also join in a lawsuit against the Trump adm... [Full Article...]

Jaguar I-Pace goes SELF-DRIVING with Waymo

Jaguar I-Pace goes SELF-DRIVING with Waymo If driverless cars are the future, the future may have come another step closer to reality on Tuesday. Krafcik said the 20,000 I-PACE SUVs will be capable of servicing up to 1 million trips in a single day. (NYSE: FCAU ) for unspecified thousands of the company's Chrysler Pacifica minivans . With the Jaguar I-PACE we have a world-beating auto that's captured the imagination of custom... [Full Article...]

Undergoes successful surgery, could miss two months — Madison Bumgarner

Undergoes successful surgery, could miss two months — Madison Bumgarner He'll undergo surgery on Saturday to insert pins in his pinky knuckle, a procedure that could require a four-to-six-week recovery period before he's cleared to throw again. This was a short day. Bochy said the injury was disappointing and that he feels for Bumgarner. Unfortunately, you've got to deal with these things. [Full Article...]

US, China trade measures could impact global economy

US, China trade measures could impact global economy According to the White House , the increased tariffs are a result of investigations into alleged China's actions to hinder US market, seeking also to twist and steal USA technological and intellectual copyrights. Last year, the United States imported $506 billion in goods from China. In contrast, trade in the yuan was quiet on Friday, weakening in the morning session before rising just 27 pips ... [Full Article...]

Bank of England keeps policy rate at 0.5 pct

Bank of England keeps policy rate at 0.5 pct It added that any future rate rises will be "at a gradual pace and to a limited extent". Ian McCafferty and Michael Saunders - who were the first officials to call for rates to rise in 2017 - said it was now time for rates to increase again for only the second time since the 2008 financial crisis. [Full Article...]

WhatsApp co-founder wants everyone to delete Facebook, here's why

WhatsApp co-founder wants everyone to delete Facebook, here's why Acton was an engineer and executive at Yahoo before he co-founded WhatsApp in 2009 until Facebook bought the messaging app in 2014, making Acton a multi-billionaire, Acton left the establishment November a year ago. Five years later, Facebook acquired WhatsApp for $19 billion, including $4 billion in cash, $12 billion in Facebook shares, and another $3 billion in restricted stock units dol... [Full Article...]

Could Amazon make a bid for Toys R Us USA store locations?

Could Amazon make a bid for Toys R Us USA store locations? The Canadian business unit might live on in combination with select United States stores if a buyer can be found. The company's liquidation filing last week will trigger clearance sales that could begin as soon as Thursday at the locations that had not already planned to close. [Full Article...]

Volkswagen Announces $340M Investment in Chattanooga To Build New SUV

Volkswagen Announces $340M Investment in Chattanooga To Build New SUV Like the original seven-seater, the new Atlas variant will be based on the MQB platform and be built at Volkswagen of America's Chattanooga plant. Volkswagen is adding another vehicle to its local production line. In addition to the two SUV variants, the plant builds the USA -market Passat midsize sedan, employing 2,800 people as of December 2016. "They needed to fill out that plant for busine... [Full Article...]


« Previous 1 2 3 4 5 6 7 8 9 10 11 12 13  Next »