Finance


Oil up modestly forward of U.S. weekly stock figures Oil up modestly forward of U.S. weekly stock figures
- January 23, 2018

OPEC's report follows a forecast from the US Energy Information Administration last that it expects US oil output to continue to rise in February with production from shale increasing by 111,000 b/d. The IEA predicts output to rise to 10.4 million in 2018, while Saudi Arabia produces just under 10 million a year. For the longest time, the Organization of Petroleum Exporting Countries ( OPEC ) held the position of a swing producer in the global oil markets, implying that the cartel could ... (more...)
Philadelphia Among 20 Finalist For Amazon 2nd Headquarters
- January 21, 2018

We gathered flight data for each of the 20 cities from the newly released shortlist (17 metro areas) to see if any of them might have a travel edge in landing the tech giant and its growth plans. Based on its direct-flight service, Alaska Airlines should be all smiles no matter which city Amazon chooses for HQ2. Cities are in fierce competition to lure Amazon, which has revolutionized the way people shop. (more...)
Two new flu-related deaths in Dallas County include first pediatric death Two new flu-related deaths in Dallas County include first pediatric death
- January 20, 2018

Dr. Graham Snyder, associate epidemiologist at Beth Israel Deaconess Medical Center, said flu activity is still increasing at the hospital. In Tarrant County, 8 deaths have been voluntarily reported to Tarrant County Public Health but Jones said there have likely been far more. (more...)
Johnson, McIlroy vault into contention in Abu Dhabi Johnson, McIlroy vault into contention in Abu Dhabi
- January 20, 2018

Pieters, Fisher and Casey were all members of the European team which won the EurAsia Cup in Kuala Lumpur last week, with Casey having rejoined the European Tour after a three-year absence in order to be eligible for September's Ryder Cup . (more...)
HSBC Settles FX Rigging Investigation with US Department of Justice HSBC Settles FX Rigging Investigation with US Department of Justice
- January 20, 2018

HSBC noted that the payment reflected a 15-percent reduction in the fine amount in recognition of the bank's cooperation during the investigation as well as its "extensive remediation". Last October, a former HSBC employee, Mark Johnson, was convicted of fraud in connection with the case. The former head of foreign exchange cash trading at HSBC faces up to 20 years in federal prison. (more...)
Brooklyn Nets lose third straight to Spurs at home, 100-95
- January 19, 2018

While he is shooting more three-pointers than he has in all but one other season of his career, the Spurs have made a concerted effort to get him the ball inside. Mills combined with Aldridge on the most important moment of the game, a three-point play for Aldridge with 53 seconds remaining on a pass from the reserve guard after the Nets had cut a 17-point deficit to three. (more...)
Bitcoins tumbles 20% as fears of cryptocurrency crackdown linger
- January 18, 2018

This has had a knock-on effect to other cryptocurrencies , with Ethereum Bitcoin Cash, Litecoin and Iota all seeing drops too. Ripple's XRP has seen gains of more than 4,000% in the past year, but recent slumps have wiped out more than half its value in less than two weeks. (more...)
Anil Ambani announces new debt resolution plan for RCom Anil Ambani announces new debt resolution plan for RCom
- January 18, 2018

In October, Mr Ambani had proposed a restructuring that would see creditors take a majority stake in the business through a debt to equity swap. Reliance Communications has exited the strategic debt recast, Reliance Group Chairman Anil Ambani said on Tuesday, adding that no debt of the company will be converted into equity. (more...)
Inflation falls back to 3% Inflation falls back to 3%
- January 18, 2018

The ONS said it was too early to say whether this was the start of a longer-term reduction in the rate of inflation but the Bank of England suggests inflation peaked at the end of 2017 and will now fall back to its target of 2% this year. (more...)
Man faces arrest for wearing too many clothes Man faces arrest for wearing too many clothes
- January 18, 2018

But despite acknowledging his role in the confrontation, Mr Williams took to Instagram to record the events and accuse the airline of racial profiling. My sister-in-law booked my flight because I was FLAT broke from being homeless in Iceland. A spokesperson for British Airways told Sun Online: "We give our customers a wide range of fares to choose from to meet their needs". (more...)
Key update on Kenya Airways daily flights to NY Key update on Kenya Airways daily flights to NY
- January 14, 2018

According to the loss-making national carrier, the flights between Nairobi's Jomo Kenyatta International Airport (JKIA) and New York's JFK Airport will play a critical role in returning it to profitability adding that the airline's revenues from the route had the potential to increase its earnings by 10 per cent in the course of 2019. (more...)
Wall Street spooked by US-China trade tension Wall Street spooked by US-China trade tension
- January 14, 2018

Treasury purchases. Last night United States treasury 10-year yields jumped 4 points to 2.59 per cent, before reversing following an unconfirmed Bloomberg report that China was considering slowing or halting its purchases of United States treasury bonds. (more...)
Companies in Hot Water with China over Taiwan and Tibet Companies in Hot Water with China over Taiwan and Tibet
- January 14, 2018

Authorities in Shanghai are investigating hotel giant Marriott after it triggered an online uproar with a customer questionnaire that listed Chinese-claimed regions such as Tibet and Hong Kong as separate countries. Marriot was criticized as well after one of the social media accounts for the company liked a post that was made by an organization supporting Tibet being separatist. (more...)
Eastern US braces for a deep freeze following massive storm Eastern US braces for a deep freeze following massive storm
- January 14, 2018

The storm was powered by a rapid plunge in barometric pressure that some weather forecasters called a bombogenesis , or a "bomb cyclone ". From Florida to ME, the east coast is bracing for a winter storm that has been described as a monster storm , nor'easter, winter hurricane , and " bomb cyclone " and is expected to bring wind, snow, ice, and extreme cold. (more...)
MoneyGram share price rises after Ripple (XRP) pilot announced MoneyGram share price rises after Ripple (XRP) pilot announced
- January 13, 2018

The pilot project may not lead to MoneyGram adopting ripple , according to the statement. Ripple , the startup looking to help the financial industry speed up payments with blockchain technology, said MoneyGram International Inc.is testing the use of its XRP digital currency to move funds. (more...)
Uber Had A Secret Program To Thwart Police Raids To Their Offices Uber Had A Secret Program To Thwart Police Raids To Their Offices
- January 13, 2018

But the company maintains with regards to Ripley, it was in the right. The system has reportedly been called Ripley, after the character played by Sigourney Weaver in the Alien film franchise who declares the best way to defeat the aliens: "Nuke the entire site from orbit". (more...)
AAA Michigan: Statewide average gas prices decline 6 cents AAA Michigan: Statewide average gas prices decline 6 cents
- January 13, 2018

The only metropolitan area surveyed in Texas to see a decrease was the El Paso area, where the average price dropped two cents per gallon. In The highest price in Colorado on Sunday, as reported by AAA, was $2.95 in Vail. Gas prices are something that we often don't pay much attention to unless they suddenly spike, as they did late previous year. In the Wenatchee area, gas prices were relatively steady, holding on at $2.82 per gallon. (more...)
Walmart to Raise Minimum US Wage to $11 an Hour Walmart to Raise Minimum US Wage to $11 an Hour
- January 12, 2018

Since Wal-Mart's initial increase starting in 2015, many states have enacted minimum-wage laws, meaning that a "sizable group" of its 4,700 USA stores already pay $11 an hour, according to spokesman Kory Lundberg. The bonus is based on length of service, with workers with at least 20 years qualifying for $1,000. The increase cut into profit and was criticized by some longer-tenured employees as unfair to them. (more...)
Mazda selects Alabama for $1.6 billion auto plant with 4000 jobs Mazda selects Alabama for $1.6 billion auto plant with 4000 jobs
- January 11, 2018

The joint plant forms part of a plan unveiled by Toyota in January 2017 to invest $10 billion in the USA over the next five years. The site for the new plant in Huntsville sits just 14 miles from Toyota Motor Manufacturing of Alabama , which produces four-cylinder, V-6 and V-8 engines for several Toyota models. (more...)
CDC reports widespread flu activity in 46 states CDC reports widespread flu activity in 46 states
- January 11, 2018

For example, the CDC reports that 46 states had widespread flu activity the last week of December. Officials say this flu could be as bad as the 2014-2015 season, which was the most severe in years. It says the H3N2 canine virus is highly transmissible between dogs and has become widespread in parts of Asia and caused outbreaks in some USA locations, particularly in shelters. (more...)
Packers to name Joe Philbin offensive coordinator Packers to name Joe Philbin offensive coordinator
- January 11, 2018

McCarthy fired Capers after the Packers finished 7-9 and ranked 22nd in total defense. Pettine would succeed Dom Capers , who was sacked last week after a disappointing 7-9 season. Vic Fangio , the Bears' defensive coordinator the last three seasons, had been in the running. It was reported earlier in the week that Philbin was interviewing with his former team and NFL Network's Ian Rapoport reported Wednesday that Philbin will be the new offensive coordinator. (more...)
Keep in Touch with Your Clients at CRM from Mobile on Seasonal Holidays Keep in Touch with Your Clients at CRM from Mobile on Seasonal Holidays
- January 09, 2018

But, the manager is out of the office for example at the seasonal vocation. If a company doesn’t have a system to fixe the call and send a reminder to the manager - one missed call costs thousands of dollars. If the incoming call comes from an already known number, it is automatically identified by the CRM. The screen displays information: name, previous requests, agreements, services provided, etc. (more...)
Ford to offer diesel version of best-selling F-150 pickup truck
- January 09, 2018

The F-150's new 3.0-liter turbocharged V6 has 250 hp and 440 lb-ft of torque and delivers a maximum tow rating of 11,400 pounds. GM ( Chevrolet and GMC ) offers a diesel (the 6.6-liter Duramax V8) in its HD trucks , while the Toyota Tundra range is limited to gasoline engines, and does not include a heavy-duty model. (more...)
Planes collide at Toronto airport, causing fire, evacuation Planes collide at Toronto airport, causing fire, evacuation
- January 09, 2018

WestJet said an inbound flight from Cancun, Mexico, with 168 passengers and a crew of six was stationary and waiting to go to a gate when it was struck by a Sunwing aircraft moving back from a gate. When the incident happened, the temperatures in the city were as low as -21 C, making the evacuation more hard. The Transportation Safety Board was onsite at Toronto Pearson Friday to investigate the collision, the airport confirmed. (more...)
Shares Of Murphy Oil Corporation (MUR) sold By GARDNER JOHN B
- January 07, 2018

There were 66 sold out positions, amounting to 3.19 million shares. Marathon Oil Corporation (NYSE: MRO ) has risen 14.05% since January 6, 2017 and is uptrending. Marathon Oil ( NYSE:MRO ) traded down $0.23 during midday trading on Friday, reaching $17.89. $1.12M worth of stock was sold by Palmer C. Michael on Tuesday, December 12. (more...)
CAPTAIN MARVEL Adds DeWANDA WISE (Could She Be Monica Rambeau?) CAPTAIN MARVEL Adds DeWANDA WISE (Could She Be Monica Rambeau?)
- January 07, 2018

The titular hero of " Captain Marvel " will be portrayed by Brie Larson , who will also take on the hero's alter-ego in Carol Danvers. Rising out of relative obscurity to star in Lee's Netflix series, she now joins an elite group of movie actors to land the goldmine that is the Marvel Universe. (more...)
Britain braced for 80mph 'danger to life' Storm Eleanor battering Britain braced for 80mph 'danger to life' Storm Eleanor battering
- January 03, 2018

Power cuts and disruption to other services (mobile phones for example) may also occur. This evening and overnight Storm "Eleanor" will bring a short period of disruptive winds to Cumbria and Lancashire which coincides with a period of high spring tides. (more...)
Hoda Kotb Is Replacing Matt Lauer on the Today Show Hoda Kotb Is Replacing Matt Lauer on the Today Show
- January 03, 2018

Diane Sawyer and Robin Roberts blazed that path for ABC's Good Morning America in the 2000s, but morning shows have traditionally paired a man and a woman as host. Kotb previously stepped in as a replacement for Lauer , who was sacked in late November of past year for what NBC called " inappropriate sexual behavior in the workplace". (more...)
Bitcoin price tumbles after South Korea joins cryptocurrency crackdown Bitcoin price tumbles after South Korea joins cryptocurrency crackdown
- December 30, 2017

The South Korean government is planning to implement restrictive laws that will reportedly include a ban on opening anonymous cryptocurrency accounts to crackdown on money laundering and financial fraud. The virtual currency speculation has irrationally overheated in Korea, the government said . According to the Wall Street Journal , the government's new measures will ban anonymous accounts being used on exchanges and will require banks to keep records of the identities of customers when ... (more...)
Tiger Zinda Hai: Salman Khan scores double ton at Box Office Tiger Zinda Hai: Salman Khan scores double ton at Box Office
- December 30, 2017

Standing at 206.04 crore (after bringing in 15.42 crore on Thursday), the film is going great guns and has added on the repertoire of major biggies delivered by Salman Khan in the current decade. " Tiger Zinda Hai " roared high on Box office from the opening day and has crossed Rs 200-crore mark in just seven days. Helmed by Ali Abbas Zafar , the plot of the film revolves around an Indian RAW agent Avinash Singh Rathore aka Tiger and Pakistani spy Zoya, who reunite after 8 years to ... (more...)
Awesome period of special full moons begins New Year's Night Awesome period of special full moons begins New Year's Night
- December 30, 2017

A supermoon is the term given to full moons which occur at the same time as the moon reaches its closest point to Earth in orbit. The moon will appear to turn a reddish color, hence why they're usually called blood moons - meaning this supermoon will be something like a three-for-one special. (more...)
Sprint could launch the 5G service by late Sprint could launch the 5G service by late
- December 24, 2017

This means that 5G standards have been set so that network and radio engineers can all work on a single platform for all 5G devices. And that is something worth celebrating this holiday season! It sure didn't take long for the next big move to be taken, and that's with the spec's overlord, 3GPP, having approved the final specs. (more...)
Christmas miracle needed for Salvation Army in St. Lawrence County Christmas miracle needed for Salvation Army in St. Lawrence County
- December 23, 2017

The kettles, clear plastic balls hanging from a tall, red lanyard, will be at various locations throughout the city, manned by volunteers, until 6 p.m. The Christmas Kettle Campaign is actually $9 million behind its national fundraising goal of $21 million. "Some of our individual kettles have increased, from an individual kettle base from previous year", Hughes said. (more...)
European Union rules Uber a transport service, not digital company European Union rules Uber a transport service, not digital company
- December 22, 2017

But the Singapore authorities have largely embraced private-hire auto services, he noted, pointing out that the developments in the past two years were aimed at governing the burgeoning industry. Jovana Karanovic-Founder of Reshaping Work and a PhD candidate at the Amsterdam Vrije Universiteit indicated while talking to The Next Web that, this is a set back decision for Uber not only in Europe but throughout the world and gives indication that indeed the company is a transportation firm and ... (more...)
Final push for the Salvation Army's Red Kettle Campaign Final push for the Salvation Army's Red Kettle Campaign
- December 22, 2017

We've never had a child in the 18 years that I've been here not be adopted and taken care of". "My son, Trevor, is going to love this because he likes cars", said Tehachapi resident Greg Venter, as he held up a large toy truck. Clair Shores Kroger on Marter Road and Jefferson Ave. - by the same bell-ringer as in previous years, according to a news release. The Salvation Army outposts in both Wausau and Stevens Point need your help to reach their 2017 Red Kettle Campaign fundraising goals. (more...)
Didi Chuxing secures $4bn to fund worldwide expansion
- December 22, 2017

As the ride-hailing firm takes on Uber , it looks to be teaming up with the U.S. ride-hailing firm's global rivals. On Wednesday, Didi announced it was looking at entering the Taiwanese market, and had authorized a franchisee operator to do research there on its behalf. (more...)
Sales of existing homes hit highest level in almost 11 years Sales of existing homes hit highest level in almost 11 years
- December 21, 2017

Sales of previously owned US homes rose in November to the strongest pace in more than a decade, a sign of solid momentum in the housing sector as 2017 draws to a close. The number of homes for sale stood at 63,916 in November, a decrease of 9 percent compared to November 2016.Additional data is available at http://www.nysar.com/industry-resources/market-dataEditor's Note: All data is compiled from multiple listing services in the state of NY and the data include townhomes, condominiums and ... (more...)
Woman fined $350 for writing negative hotel stay review Woman fined $350 for writing negative hotel stay review
- December 21, 2017

A "nightmare" stay at a hotel was reportedly just the tip of the bad iceberg for an IN guest. "So we start checking the sheets and the bed and we found hairs, dirt, so wasn't insane about that either, of course I was disgusted", she told ABC . (more...)
AT&T to pay $1000 bonus due to tax cuts AT&T to pay $1000 bonus due to tax cuts
- December 21, 2017

The checks will be in the mail in time for the holidays if Trump finalizes the tax bill with his signature before Christmas. "That's because of what we did". In touting the GOP tax overhaul, Trump has repeatedly emphasized the importance of creating jobs. Boeing Co. separately pledged $300 million Wednesday for employee training, improved workplace infrastructure and corporate giving, crediting the tax cuts. (more...)
Hyperloop One bags $50m funding with Richard Branson named as chair Hyperloop One bags $50m funding with Richard Branson named as chair
- December 20, 2017

Earlier this year, the company announced that it plans to have working hyperloop systems deployed by 2021. Branson had taken a board seat at the company through this investment. The combination of a near-vacuum tube combined with magnetic levitation is created to minimize friction. The company also announced an additional $50 million from investors Caspian Venture Capital and DP World, bringing total financing to $295 million since Hyperloop One's founding in 2014. (more...)