Saturday, 24 March 2018
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Bank of England holds fire on interest rate


Sterling traded up 0.3 per cent at $1.4185 at 12:05pm London time. Q&A What is the monetary policy committee? But while that pound-driven increase in prices is expected to ebb, the Bank of England believes the pick-up in wages will continue to support inflation. Read More »

Oil prices touch $70 mark on low USA inventories


The rise in oil prices defied global stock markets, which slumped due to concern about a trade stand-off between the U.S. and China. China has just responded to President Trump's latest tariff plan against Chinese products, and while the response has been measured-US$3 billion worth of tariff-liable products vs US$60 billion-it may not be the last we hear from Beijing on the topic. Read More »

Dow Jones falls 724 points after Trump announces China tariffs


China said Thursday it would impose tariffs on up to 128 products imported from the United States, with most of the pain expected to land on American agriculture, including fruit and wine. The German DAX was down 1.77 percent and the British FTSE 100 droped.44 percent. European stock markets also suffered massive losses in reaction to the tariff announcement - with steep falls for London (-1.2pc), Frankfurt (-1.7pc) and Paris (-1.4pc). Read More »

Blue UK passports to be 'made in France' after Brexit


De La Rue boss Martin Sutherland said the Prime Minister and Home Secretary Amber Rudd should look workers "in the whites of the eyes" and defend the decision. Eight EU leaders have signed a statement backing Liberal Democrat calls for the British public to have the final say on any Brexit deal. They said the process would be finished within "weeks". Read More »

The Boston area may only see a coating of snow today


Spring kicked off with a wallop of wintry weather along the East Coast as the fourth nor'easter in three weeks dumped more than a foot of snow in some places Wednesday. Here's a look at the early snowfall totals reported by the National Weather Service offices in Mount Holly and Upton, N.Y. The snow has been falling all day in New York City . Read More »

Fed raises key interest rate by a quarter-point


U.S. core and headline inflation is expected at 1.9 per cent this year. The Fed projected three rate hikes this year at its December meeting, but investors took an upbeat assessment of the US economy by Powell late last month as an indication that a fourth rate hike could be on the cards. Read More »

Uber 'Likely Not at Fault' in Fatal Crash that Killed a Pedestrian


A 2017 study conducted by AAA shows three-quarters of US drivers are afraid to ride in a self-driving vehicle and only 10 percent think they would make roads safer. "It absolutely should have been able to pick her up", he said. While cameras do not perform well in the dark, radar and Lidar can work at night. At its worst , it brings up dozens of questions that safety officials will have to answer in upcoming months regarding self-driving vehicle testing, regulation, and liability in crashes. Read More »

Toys "R" Us liquidation sales begin Friday


Bankruptcy Court filing that it needed to liquidate as it expected to run out of cash in May. Toys "R" Us kicked off massive storewide sales Friday following its decision earlier this month to liquidate all of its USA stores including Babies "R" Us locations. Read More »

Dropbox Shares Gain 35% On First Day of Trading


Dropbox , founded by Houston in 2007, is today set to launch a $ 9 billion float in NY, the culmination of an 11 year journey for the cloud storage company that provides a simple way to save and share files online. Dropbox reported more than $1 billion in 2017 revenue and 500 million registered users when its plan to go public was unveiled last month. The company was hacked in 2012, and more than 68 million users' emails and passwords were leaked on the internet four years later. Read More »

Sex trafficking bill heads to president's desk


And yet, Portman isn't introducing legislation to hold the street corners-or the government entities who own them-accountable as sex traffickers when prostitution takes place there. He proposed an amendment that would set up additional funds for the Justice Department to prosecute sex traffickers, but it was voted down. Rand Paul, R-Ky., and Ron Wyden, D-Ore. Read More »

DC woman gets $10000 voucher from United after being bumped from flight


Preiss said the airline chose to remove her because she paid the lowest fare. But the move enraged Preiss, a communications director, who went on Twitter to vent to her 2,215 followers. "I nearly signed the document and said, 'I just want the cash for the weekend, '" Preiss told The Points Guy . Almost a year after United ignited controversy for dragging a passenger off an overbooked flight, a Twitter thread from one of the airline's passengers shows just how far the airline will go to ... Read More »

The Great Pacific Garbage Patch Is Growing At An Exponential Rate


The overwhelming majority of the debris - an estimated 1.8 trillion pieces - are plastic fragments and fibers smaller than 5 millimeters. The study was led by the Ocean Cleanup Foundation and researchers at institutions in New Zealand, the United States, Britain, France , Germany and Denmark, who published the findings in the journal Scientific Reports . Read More »

Tencent shares set to open down 7.8% after Naspers' selldown


Naspers has been invested in the company since 2001. Naspers has investments in a number of well known companies including Takealot, OLX and cryptocurrency exchange Luno. Naspers fell as much as 9.6 percent to 3,127 rand on Thursday in Johannesburg , the biggest intraday decline in nearly a decade. The funds will go towards strengthening the company's balance sheet and finance its investment in classifieds, online food delivery and fintech globally. Read More »

AAP govt's sops for using environment-friendly fuel in Delhi budget


Finance Minister Manish Sisodia , while making the Outcome Budget available online, said that he would present it in the Delhi Assembly later in the day. First response vehicle will also be launched from East Delhi with 16 bike ambulances Sisodia said, adding Rs 403 crore will be allocated for setting up "mohalla" and poly clinics in the national capital. Read More »

Delhi HC gives relief to 20 AAP MLAs in disqualification case


Around a couple of months ago, President Ram Nath Kovind had ordered disqualification of 20 AAP MLAs following the Election Commission's recommendation, which alleged the MLAs had "flouted the principles of Natural Justice". As the court read its order, AAP members started celebrations outside the premises. They had also claimed that the post of parliamentary secretary, which they had been holding, did not entail any profit, as they were not being paid salaries. Read More »

Former Live Oak officer sentenced to 120 years on child porn charges


It stood about 8 feet off the ground and featured a wraparound porch and glass windows. The warrant does say, however, that a child pornography investigation is being conducted. The worker "heard rumors in the hiking community of this cabin and made a decision to try and find it", court papers said. Wood was busted thanks to a determined parks worker, who searched for the rumored cabin five times before he finally found it in November 2016. Read More »

Newark Airport Workers Cheer as Port Authority Votes for $19 Minimum Wage


Governor Cuomo and the Port Authority of NY and New Jersey, which operates Kennedy and LaGuardia airports , have based the framework for changes at the NY airports on the recommendations of the Governor's Airport Advisory Panel, which was tasked with developing comprehensive best practices for ensuring these busy airports remain at the vanguard of airport systems worldwide. Read More »

Tesla stockholders approve Elon Musk compensation


The company also makes two luxury electric models, the Model S sedan and Model X crossover. For each of 12 milestones Tesla achieves, Musk , who already owns more than 20 percent of the company, will get stock worth 1 percent of Tesla. CNBC notes that Musk could ultimately earn more than $55 billion if Tesla's market cap experiences a 12-fold jump from its current level of around $52 billion. Read More »

United Airlines Suspends 'Animal Shipments' After Dog Dies In Overhead Cabin


United Airlines is halting the shipment of pets in airplane cargo holds while it studies improvements, the carrier said on Tuesday, after the death of a puppy and mistakes in handling other dogs last week sparked negative publicity. On Thursday, a United flight carrying 33 passengers from Newark, New Jersey to St. Louis was diverted to Akron, Ohio, after the airline realized that a pet had been mistakenly loaded onto the wrong flight. Read More »

Investment Analysts' Recent Ratings Changes for Liberty Sirius XM Group (LSXMA)

Arrowstreet Capital Limited Partnership owns 36.38M shares or 0.54% of their USA portfolio. SIRI is an exciting player in the Services space, with a center of attention on Broadcasting - Radio. Analysts' mean recommendation for the stock is 2.40 (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range). Read More »

MAI Capital Management Sells 7301 Shares of Schlumberger Limited. (SLB)

A number of other hedge funds have also recently bought and sold shares of SLB . The firm has a market cap of $91,477.98, a P/E ratio of -60.16, a PEG ratio of 5.10 and a beta of 1.03. Therefore 82% are positive. Babcock & Wilcox Enterprises had 8 analyst reports since December 15, 2015 according to SRatingsIntel. The stock of Ecolab Inc. Read More »

Hecla Mining Company (NYSE:HL) to acquire Klondex

Over the last three months, the shares of the company have changed -10.57% and performed -38.20% over the last six months. The goal of a stock price analysis is to study the behaviour of stock prices. (NASDAQ:SCWX) stock price started the day at $8.30 and moved between $9.50-8.30 to finally close at $9.33. The indicator should not be confused with relative strength. Read More »

Welch Group LLC Decreases Holdings in United Technologies Co. (UTX)

By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock. Its up 0.14, from 1.07 in 2017Q2. It worsened, as 63 investors sold UTX shares while 503 reduced holdings. Fdx reported 15,940 shares. The legal version of this piece can be accessed at ... Read More »

General Mills (GIS) Posts Quarterly Earnings Results, Beats Expectations By $0.01 EPS


The company has a debt-to-equity ratio of 1.79, a quick ratio of 0.53 and a current ratio of 0.81. The revised forecasts came alongside the publication of General Mills' third-quarter and nine-month financial results. The current share price indicates that stock is -18.08% away from its one year high and is moving 0.56% ahead of its 52-week low. Following the completion of the transaction, the insider now owns 36,089 shares in the company, valued at approximately $2,143,686.60. Read More »

Liquidation sale at Toys R Us in Flint Township begins Friday


Toys R Us last week announced plans to close all 800 of its stores in the United States after filing for Chapter 11 bankruptcy last fall. Those closures will put 31,000 people out of work and hurt toy manufacturers that depended on the national retailer for distribution. Read More »

San Francisco becomes biggest United States city to ban fur sales


It seems that change is on the horizon as well when it comes to actual cities where you can buy fur: San Francisco will ban the sale of fur, starting next year. "I will not win". With major fashion powerhouses like Versace , Gucci , and Armani recently banning fur, joining many other high-end designers like Calvin Klein, Ralph Lauren, Tommy Hilfiger, Vivienne Westwood, and the all-vegan Stella McCartney , it is apparent wearing fur has become a majorly outdated faux pas that is seeing ... Read More »

NASA worrying over 80000 more atomic energy Asteriod hitting Earth in 2135


If the asteroid is fond to be small enough, then the HAMMER spacecraft will smash the asteroid with an 8.8-ton "impactor" but if it turns out to be massive, then the HAMMER will destroy it with nuclear bombs before it reaches earth. So far, this working framework has been sheer luck. Astronomers have been tracking asteroid Bennu circling the sun at 63,000 miles per hour since 1999 when the giant asteroid was first spotted. Read More »

Facebook, Google and Amazon to pay 'fair' tax under European Union plans


USA objections alone won't scuttle the EC proposals. It also comes as Facebook's actions are under a microscope, following revelations that the Cambridge Analytica data firm misused the data of 50 million U.S. The proposed tax is likely to have only a minimal impact as the company already posts revenues and pay taxes in Germany, France, Italy, Spain and Britain where it has dedicated country websites since 2015. Read More »