Economy


2 women sue Uber, allege sexual assault by drivers 2 women sue Uber, allege sexual assault by drivers
- Ноября 16, 2017

Two women are suing Uber for allegedly misrepresenting the safety of its platform. One of the lawsuit's primary complaints is that Uber fails to do adequate background checks on drivers. The suit also takes issue with Uber's marketing of ride-hailing as safe transportation for people who have been drinking. One executive who was ousted was about a woman who was raped during an Uber ride in India. (more...)
Boeing Sees Demand For '797' As Airbus' Dubai Airshow Drought May End Boeing Sees Demand For '797' As Airbus' Dubai Airshow Drought May End
- Ноября 16, 2017

This order, the largest in the history of Airbus , will more than double the backlog, net of the european giant this year, which was 288 devices at the end of October. The Indigo Partners' airlines. The despite the mega-order, celebrations at Airbus would be muted as the aircraft maker has failed to attract a single buyer for the A380 in Dubai, having been snubbed by the model's biggest buyer Emirates. (more...)
Amazon vs. Alibaba: Which Is Winning the E-Commerce Wars? Amazon vs. Alibaba: Which Is Winning the E-Commerce Wars?
- Ноября 14, 2017

But like Amazon in the U.S., Alibaba has a strategy to integrate online shopping with brick-and-mortar stores, which still make up 85% of total retail sales, according to the company. Billionaire founder Jack Ma is using it as a testing ground for his plans to revamp China's $4 trillion traditional retail sector with technology, an experiment that could help the behemoth gain an edge in China's saturated market. (more...)
Hasbro Makes Bid For Rival Toymaker Mattel Hasbro Makes Bid For Rival Toymaker Mattel
- Ноября 13, 2017

Mattel's stock has fallen 52 percent over the past year. USA toymaker Hasbro Inc has made a takeover approach for rival Mattel Inc, the Wall Street Journal reported on Friday, citing people familiar with the matter . Hasbro, Inc. shares closed at $91.45 on Friday, up $2.76 (+3.11%). Mattel has also blamed the bankruptcy of toy retailer Toys "R" Us for its weak sales. (more...)
Malaysians gear up for Alibaba's Singles Day shopping frenzy Malaysians gear up for Alibaba's Singles Day shopping frenzy
- Ноября 12, 2017

Alibaba's Singles' Day records have been smashed yet again with a massive $25.3 billion of merchandise being sold today. Over the years it has transformed into a huge sales event with sites like AliBaba generating roughly $18 billion dollars in revenue in 2016 . (more...)
JC Penney Holding On To Strong Gain In Afternoon Trading JC Penney Holding On To Strong Gain In Afternoon Trading
- Ноября 11, 2017

Last month, the company said that it expected a per-share loss of between 40 and 45 cents for the quarter. Cambridge Investment Research Advisors Inc. JCP has been the topic of a number of other research reports. Image source: J.C. Penney. Average estimation for the current quarter has been provided by 9 analysts. (more...)
Nvidia Muscles Higher On Third-Quarter Beat, Price-Target Hikes Nvidia Muscles Higher On Third-Quarter Beat, Price-Target Hikes
- Ноября 11, 2017

Evercore Wealth Management LLC now owns 765 shares of the computer hardware maker's stock valued at $110,000 after buying an additional 206 shares during the period. Another trade for 25,507 shares valued at $3.50M was sold by Byron Michael. Following the completion of the sale, the chief financial officer now owns 12,756 shares of the company's stock, valued at approximately $165,572.88. (more...)
European Union registers 'highest economic growth rate in 10 years'
- Ноября 10, 2017

Only Italy's economy was in a similarly sluggish state to Britain's, with a forecast of 1.5% GDP growth this year, 1.3% in 2018 and 1% in 2019. Yet the European Union warned that job creation is poised to slow as governments' stimulus measures wind down and "untypically low" wage growth continued to weigh on economic performance. (more...)
Target reveals Thanksgiving, Black Friday plans and deals Target reveals Thanksgiving, Black Friday plans and deals
- Ноября 10, 2017

This list will be updated. Black Friday is also on the minds of the marketers at Amazon , Kohl's , Target , Best Buy , JC Penney, Costco , Macy's , Sam's Club, Sears and Kmart . ET on Thanksgiving. If you do want to courageous the in-person Black Friday masses, Walmart said in-store shopping events will begin at 6 p.m. local time on Thanksgiving. (more...)
Two Rivals, Intel And AMD Join Hands To Battle Another Rival, Nvidia Two Rivals, Intel And AMD Join Hands To Battle Another Rival, Nvidia
- Ноября 07, 2017

The new products are scheduled to ship as early as the first quarter of 2018. "It's a prime example of hardware and software innovations intersecting to create something unbelievable that fills a unique market gap", said Christopher Walker, vice president of the Client Computing Group and general manager of the Mobile Client Platform at Intel , in a blog post. (more...)
Qatar Airways buys 9.6 percent stake in Cathay Pacific
- Ноября 07, 2017

Qatar Airways will purchase the stake for HK$5.16 billion (€570 million) from Kingboard Chemical Holdings and associates, according to a statement, becoming Cathay's third-largest investor after local conglomerate Swire Pacific, with a 45 per cent holding, and Air China Ltd. (more...)
Anthony Joshua vows to Anthony Joshua vows to "eat" Deontay Wilder in 2018 bout
- Ноября 06, 2017

Stiverne then slumped to the canvas and stayed motionless for some time before being helped up and into a chair where he was examined by the ring doctor at the Barclays Center arena in NY. "So much frustration, it just seemed like my career, it's been insane". "Let's make the fight happen, I know I'm the best, are you up for the test?" Wilder initially landed a huge left-right combination to the face of Stiverne, who was never able to recover from the blow. (more...)
Russia Who? Facebook Beats Q3 Earnings And Grows MAUs And DAUs Russia Who? Facebook Beats Q3 Earnings And Grows MAUs And DAUs
- Ноября 03, 2017

But none of that matters if our services are utilized in ways that do not bring people closer together. These issues come at a time when Facebook's advertising business has matured to the point that growth is becoming less reliant on increases in supply as it runs out of places where it can put ads and more on price. (more...)
NERD Recruits Rihanna To Drop New Single NERD Recruits Rihanna To Drop New Single "Lemon"
- Ноября 02, 2017

An accompanying video for the track, directed by Todd Tourso and Scott Cudmore , finds Rihanna shaving the head of a dancer before she goes and busts a few moves in a dimly-lit clothing store. N.E.R.D. is back, but they're not alone! "Ma'fucka, we ain't finished / I tell you, we won't stop ..." Rihanna appears on the track delivering a scorching rap verse over the bouncing bass line and chaotic beat. (more...)
Climbing barred on Australia's famed Uluru rock to 'right historic wrong' Climbing barred on Australia's famed Uluru rock to 'right historic wrong'
- Ноября 02, 2017

Uluru, also known as Ayers Rock, is in Uluru-Kata Tjuta National Park - that's about in the middle of the country. The park's Board of Management voted unanimously to approve the change , which has been the subject of lengthy discussion. (more...)
NY truck attack treated as terrorism; 8 dead, multiple injured NY truck attack treated as terrorism; 8 dead, multiple injured
- Ноября 01, 2017

The attacker, described by police as a 29-year-old man, drove a rental Home Depot truck onto the path just after 3 p.m., striking multiple people. Earlier a vehicle entered the West St. ABC News reports the truck hit a school bus. NYPD News' official Twitter account confirms that there are "several fatalities" and the suspect "is in custody". (more...)
CalAtlantic Group, Inc. (CAA) Downgraded by MKM Partners to Neutral CalAtlantic Group, Inc. (CAA) Downgraded by MKM Partners to Neutral
- Ноября 01, 2017

Lennar Corporation says that the deal to acquire CalAtlantic Group Inc values CAA stock at $51.34 per share. Finally, ValuEngine lowered CalAtlantic Group from a "buy" rating to a "hold" rating in a report on Friday, September 1st. (more...)
Israeli 'Greater Jerusalem' bill paused after U.S. pressure Israeli 'Greater Jerusalem' bill paused after U.S. pressure
- Октября 31, 2017

Its opponents argue that it is a step towards full unilateral annexation of the West Bank settlements affected - a move that would be sure to spark worldwide outrage. Israel's claim to all of Jerusalem as its capital, including the eastern sector it captured along with the West Bank and Gaza Strip in a 1967 Middle East war, has not won global recognition. (more...)
Winx storms to historic third consecutive Cox Plate win Winx storms to historic third consecutive Cox Plate win
- Октября 30, 2017

Winx also overtook Makybe Diva as Australia's highest stakes earner ($15.6 million) when she held off Humidor in a closer-than-expected finish at Moonee Valley. Six years to the day after Black Caviar won this race, Winx would, if she keeps her winning run alive, break Black Caviar's winning streak record in front of the Queen. (more...)
Senate blocks rule letting consumers bring class-action lawsuits Senate blocks rule letting consumers bring class-action lawsuits
- Октября 28, 2017

Elizabeth Warren (D-Mass.) said repeal would amount to a "giant wet kiss to Wall Street", adding that Congress had been crawling with lobbyists in the lead up to the vote . Forced arbitration nearly always works out in favor of corporations since they can avoid the legal costs of going to trial, and they routinely pay much less in settlement money than they would if the matter went to court. (more...)
Watch the supersonic Bloodhound SCC's first public test-drive live Watch the supersonic Bloodhound SCC's first public test-drive live
- Октября 28, 2017

Powered by a Rolls-Royce EJ200 jet engine, the vehicle pulled 1.5G as it hurtled along the 9,000 ft (2.7 km) runway. This public test will be the first of many such trial runs as the team put every single part of the auto through its paces ahead of the historic test run in South Africa in 2019. (more...)
Lord & Taylor Sells 5th Avenue Flagship to WeWork For $850M Lord & Taylor Sells 5th Avenue Flagship to WeWork For $850M
- Октября 27, 2017

And will keep the whole building with its usual operations through next year's holiday season . To do so, they'll consolidate the footprint of their flagship department store on the building's bottom floors. A 191-year-old shopping giant and a seven-year-old shared workspace company may seem like odd bedfellows, but the deal is a reflection of luxury retail's recent struggles. (more...)
Amazon Announces Program For Indoor Deliveries Amazon Announces Program For Indoor Deliveries
- Октября 26, 2017

But for package deliveries, you may need to keep your dogs and cats a bit contained: Amazon doesn't recommend using the in-home delivery service if pets can get to the front door on delivery day. Users who want their packages delivered inside their homes can select the "in home" option on the app to get their items delivered inside their residence when they're not home. (more...)
India tops the world in pollution-related deaths India tops the world in pollution-related deaths
- Октября 23, 2017

The medical journal called "tackle emergency situation" and to overcome "the myth according to which pollution would be an inevitable effect of economic development". News agency PTI reported that the online indicators of the pollution monitoring stations in Delhi on Diwali nigh glowed red , indicating a "very poor" air quality as the volume of ultra fine particulates PM2.5 and PM10, which enter the respiratory system and manage to reach the bloodstream, sharply rose from around 7 pm. (more...)
Portland Area Makes Its Pitch To Land Amazon's Second Headquarters Portland Area Makes Its Pitch To Land Amazon's Second Headquarters
- Октября 21, 2017

She said a lot of the cities placing bids have similar strengths, which is why some may have chosen to be so visible in their efforts. In case you forgot, today is Amazon Day - the day when all the cities who want to host the e-commerce giant's second headquarters have to sendtheir proposals to Amazon. (more...)
Lyft's new $1 bln of cash spells gains over Uber Lyft's new $1 bln of cash spells gains over Uber
- Октября 20, 2017

But the technobromance first began to bud back in May, when Alphabet's autonomous vehicle development company Waymo partnered with Lyft , which gave Waymo a major boost in its effort to catch up with Uber-its main rival in the self-driving auto wars. (more...)
Ford recalls over a million trucks Ford recalls over a million trucks
- Октября 19, 2017

Ford's F-150 pickup truck is one of the country's most popular vehicles and a perennial best-seller. Ford Motor Company has announced a voluntary recall impacting 1.3 million pickup trucks in North America. Ford dealerships will install water shields and make any repairs that are necessary free of charge to customers. The Super Duty was also resigned for 2017 for the first time in two decades. (more...)
More Fallout from Delta Airlines Passenger Being Removed More Fallout from Delta Airlines Passenger Being Removed
- Октября 19, 2017

The fired employees were the officer who initially pulled Dao from his seat on the flight to Louisville, Kentucky, and the supervisor who engaged in "the deliberate removal of facts from an employee report ", the inspector general said. "Do not state something that is clearly contrary to video viewed by the world", he said. The lawyer, David Dao , Thomas Demetrio, has assured that his client was "neither vindictive nor happy with the findings" of this investigation. (more...)
Next Weeks Broker Price Targets For Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)
- Октября 16, 2017

Feltz Wealth PLAN Inc. acquired a new position in shares of Coca-Cola Company (The) in the 1st quarter valued at about $150,000. The stock has a market capitalization of $2.16 billion, a price-to-earnings ratio of 39.33 and a beta of 0.16. The stock was sold at an average price of $45.61, for a total transaction of $402,234.59. Nomura Inc holds 2.36M shares. Investors sentiment increased to 3 in Q2 2017. (more...)
What Are Analysts Suggestions On Wells Fargo & Company What Are Analysts Suggestions On Wells Fargo & Company
- Октября 15, 2017

Keefe, Bruyette & Woods set a $61.00 price objective on shares of Wells Fargo & and gave the stock a "buy" rating in a report on Friday, August 25th. Shares buyback programs are typically a sign that the company's leadership believes its shares are undervalued. ILLEGAL ACTIVITY NOTICE: This piece was published by Equities Focus and is owned by of Equities Focus. (more...)
Ban on womens entry in Sabarimala: SC refers to consti bench Ban on womens entry in Sabarimala: SC refers to consti bench
- Октября 15, 2017

The petitioners said there is no religious custom in the Hindu religion, especially in Pampa river region, which disallows women entry into temples while they menstruate. Ironically, Kerala's Sabarimala temple says on its website that it allows people of all religions and castes to pray inside. It said the constitution bench will also deal with the question whether this practice amounted to discrimination against the women. (more...)
Bank of America third-quarter profit rises 13 percent, beat forecasts Bank of America third-quarter profit rises 13 percent, beat forecasts
- Октября 14, 2017

The company has market cap of $90.03 billion. Boston Partners now owns 75,404,921 shares of the financial services provider's stock worth $1,778,802,000 after acquiring an additional 368,898 shares in the last quarter. Institutions own 62.76% of Bank of America Corporation ( BAC)'s shares. Shareholders of record on Friday, September 1st were issued a $0.12 dividend. (more...)
Samsung chief Kwon Oh-hyun steps down Samsung chief Kwon Oh-hyun steps down
- Октября 14, 2017

Kwon will serve the company until his successor is found and the new management team is set. "Samsung tipped record earnings, it is going to be better in the fourth quarter, and all that has been driven by Mr Kwon's components business", said Mr Park Ju Gun, head of research firm CEO Score. (more...)
Flight 666 to HEL on Friday the 13th Arrives Safely Flight 666 to HEL on Friday the 13th Arrives Safely
- Октября 14, 2017

Finnair has scheduled the eerie trip to HEL (Helsinki) 21 times on a Friday 13 over the last 11 years. In 11 years, flight 666 flight to HEL has flown on Friday the 13th a total of 21 times, all without incident. "It has been a joke among the pilots", Juha-Pekka Keidasto, a veteran pilot for the airline, told the Telegraph . Triskaidekaphobia is the fear of the number 13, which dates back to the late 1800s. (more...)
Another Equifax hacking possible as web page taken down Another Equifax hacking possible as web page taken down
- Октября 13, 2017

To serve the adware up to visitors, the hackers appear to have redirected them from Equifax's site to shady web pages that host the malicious software. Equifax has also said a file containing names and birthdates of 15.2 million people in the United Kingdom were accessed. "Equifax was a portal and probably not directly hacked or compromised", he said. (more...)
Oil Stable After OPEC Suggests Extraordinary Measures Oil Stable After OPEC Suggests Extraordinary Measures
- Октября 12, 2017

U.S. West Texas Intermediate (WTI) crude futures CLc1 rose 7 cents, or 0.1 percent, to $50.99 a barrel. Oil prices are now trading flat, after the Organisation of Petroleum Exporting Countries (OPEC) stated that the market is gradually tightening, after years of oversupply. (more...)
Preckwinkle's sweetened beverage tax repealed Preckwinkle's sweetened beverage tax repealed
- Октября 12, 2017

Just over two months since it was implemented , Cook County commissioners have soured on a penny-per-ounce tax on sugary drinks. Store owners, drink companies and bottlers all battled the tax. Healthy Food America's executive director Dr. Jim Krieger said that Cook County's success in repealing the sweetened beverage tax was unique to state's tax legislation; and that it would not stop the momentum of other taxes that have taken effect across the USA, including Philadelphia and Seattle ... (more...)
The importance of having a mobile app for your business The importance of having a mobile app for your business
- Октября 06, 2017

For instance, creating your own mobile app is imperative in today’s business world. Collect Customer Data One benefit of having an app for your business is that it lets you know more about your customer than you would find from traditional brick and mortar business fronts. (more...)
Prices are going up — Attention Netflix users Prices are going up — Attention Netflix users
- Октября 06, 2017

Netflix issued a brief statement , saying that pricing was adjusted to help add "more exclusive TV shows and movies " as well as introduce more product features. The 2S price plan will now be increased from £6.99 to £7.99 per month, while the 4S plan will be increased from £8.99 to £9.99 per month. The lowest tier subscription is staying at $7.99 a month. (more...)
GM and Ford announce major electric vehicle plans GM and Ford announce major electric vehicle plans
- Октября 05, 2017

It stands to reason that a considerable amount of capital could be saved by not having to pay a supplier for the development and production of electric motors to be used in such vehicles. The former CEO had come under fire for missing some of those financial targets - even though Ford had delivered its best-ever annual earnings under his rein. (more...)

Latest news

Other news