Economy


Schlumberger NV (SLB) Investment Increased by Osborne Partners Capital Management, LLC Schlumberger NV (SLB) Investment Increased by Osborne Partners Capital Management, LLC
- October 23, 2017

The company, in its first report to include GE Co's oil and gas business since their merger, reported a quarterly profit that missed analysts estimates by a wide margin. Since May 2, 2017, it had 0 insider buys, and 14 sales for $19.34 million activity. The short-interest ratio decreased to 3.0 and the percentage of shorted shares was 0.02% on September 29. (more...)
Fault delays new high-speed train's first journey from Bristol to London Fault delays new high-speed train's first journey from Bristol to London
- October 17, 2017

Grayling said: "These new state-of-the-art trains will carry people across Britain, from Swansea to Aberdeen and London to Inverness". The Great Western Railway service, which counted transport minister Chris Grayling among its first passengers, departed 25 minutes late from Bristol Temple Meads this morning. (more...)
Even though court orders, honourable women won't enter Sabarimala: Prayar Gopalakrishnan Even though court orders, honourable women won't enter Sabarimala: Prayar Gopalakrishnan
- October 15, 2017

Surendran also said that the CPI (M)-led LDF government in the state was of the view that there should not be gender- based discrimination for entry in temples. It was expected that the apex court is likely to announce the verdict today on whether women can enter the Sabarimala Temple. Gopalakrishnan said both the custom and security and safety of women were their concerns on the matter. (more...)
US Bombers Fly Over Korean Peninsula in Show of Force US Bombers Fly Over Korean Peninsula in Show of Force
- October 13, 2017

North Korea watchers have been on alert for a possible provocation by the communist state in the days surrounding a key holiday Tuesday to mark the founding anniversary of its ruling party. In a surprising sign of weakness, the commentary also says that if North Atlantic Treaty Organisation would join the United States in the Korean Peninsula it would "change the balance of forces" against it. (more...)
Google got permission to float its internet-beaming balloons over Puerto Rico Google got permission to float its internet-beaming balloons over Puerto Rico
- October 08, 2017

It's a cell tower. Musk, the chief executive of Tesla Inc, said on Friday the company would send more battery installers to Puerto Rico to help restore power after Hurricane Maria knocked out all power on the island over two weeks ago. (more...)
Amazon Testing Own Delivery Service in Confidential Project Amazon Testing Own Delivery Service in Confidential Project
- October 06, 2017

This service began on a trial basis on the West Coast earlier this year, expanding further in 2018. Amazon declined to the comment on the matter. Once again raising the specter of cutting out more business to UPS and FedEx , Amazon is reportedly testing a program that involves making local deliveries from the warehouses of retailers selling on its marketplace, according to a report from Bloomberg . (more...)
'We're not Nazis, you've shown that by electing me' - new Ukip leader 'We're not Nazis, you've shown that by electing me' - new Ukip leader
- October 03, 2017

In a recent YouTube campaign film, he complained that "we have gone down the road of mediocracy and compromise, we don't like the idea of excelling of anything because we worry that it implies that somebody is less good". Asked if he would "ban the burka", Mr Bolton said: "I don't think it's about banning the burka, is it?" Mr Bolton said he believes in "old-fashioned, classical liberalism", but feels it has "lost its way a bit". (more...)
Sanders: Trump attacking San Juan mayor is 'unspeakable' Sanders: Trump attacking San Juan mayor is 'unspeakable'
- October 02, 2017

She said she meant "it was good news that people of Puerto Rico and many public servants of the United States are working together". Mulvaney and Mnuchin's criticism follows a White House official's anonymous statement on Saturday suggesting that Cruz has been "too busy doing TV" to properly gauge federal relief efforts. (more...)
'Monday Night Football' Ratings Buck NFL Trend & Rise Over Last Week & 2016 'Monday Night Football' Ratings Buck NFL Trend & Rise Over Last Week & 2016
- September 27, 2017

The " Sunday Night Football " matchup between Washington and Oakland delivered a one-sided game for viewers and a weakened ratings return for NBC. Offering at least some anecdotal evidence that the NFL's current ratings predicament is not one with a cut- and-dry cause, Monday Night Football viewership surged on Monday night - helping Week 3 of the season finish in the black, after all. (more...)
Toys R Us Files for Chapter 11 Bankruptcy Toys R Us Files for Chapter 11 Bankruptcy
- September 21, 2017

Operating legally under the name Toys Canada, Toys "R" Us has 82 stores in 10 Canadian provinces - 35 in Ontario - and employs 4,000 people, increasing to more than 6,000 during the holiday season. Despite early success online, the company struggled to find the money to make investments in technology. Toys "R" Us said Monday the company's "approximately 1,600 Toys "R" Us and Babies "R" Us stores around the world - the vast majority of which are profitable - are continuing to operate as ... (more...)
CCleaner, distributed by anti-virus firm Avast, contained malicious backdoor CCleaner, distributed by anti-virus firm Avast, contained malicious backdoor
- September 19, 2017

CCleaner, software that is created to speed up PC and smartphone performance by removing unneeded or unecessary files, is the latest victim of hackers hijacking legitimate software to spread malware and gain access to infected systems. The CCleaner is a popular tool for cleaning out "crap-ware" , helping remove temporary files, browser caches, log files and other junk from a system. (more...)
More Than 200000 Rohingya Children In Urgent Need Of Help More Than 200000 Rohingya Children In Urgent Need Of Help
- September 18, 2017

The Bangladesh government earlier protested the alleged planting of anti-personnel landmines near the border by Myanmar security forces. The secretary-general has been outspoken about calling for an end to the violence in Burma's Rakhine state, and sent the Security Council an official letter raising his concerns about a crisis - the first time a United Nations chief has done so since 1989. (more...)
Oracle Corporation (ORCL) Upgraded to Oracle Corporation (ORCL) Upgraded to "Buy" at Zacks Investment Research
- September 16, 2017

They noted that the move was a valuation call. Among 2 analysts covering Saul Centers ( NYSE:BFS ), 0 have Buy rating, 0 Sell and 2 Hold. Canaccord Genuity also raises its Oracle price target by $1 to $57 and maintains a Buy rating. The stock was sold at an average price of $38.72, for a total transaction of $1,742,400.00. Cbre Clarion Securities Llc owns 4.40 million shares or 4.38% of their United States portfolio. (more...)
SpaceX releases 'blooper reel' of failed rocket landings SpaceX releases 'blooper reel' of failed rocket landings
- September 15, 2017

SpaceX has now made landing rockets seem somewhat routine, but it wasn't long ago that the company's attempts to bring back the first-stage booster often ended in fire. "The course of true love never did run smooth", another incident is labeled. In that same time, SpaceX has orchestrated 16 successful Falcon 9 first stage landings. (more...)
Tech, Insurers Lead Wall Street Rally As Irma, North Korea Fears Ease Tech, Insurers Lead Wall Street Rally As Irma, North Korea Fears Ease
- September 12, 2017

That relieved investors, especially in the wake of Hurricane Harvey, whose devastation is estimated to dent third-quarter economic growth. Asian stock markets pushed higher as traders breathed a sigh of relief that Pyongyang did not fire another missile on Saturday, choosing instead to mark its foundation day with a parade. (more...)
Six ministers dropped in Cabinet reshuffle Six ministers dropped in Cabinet reshuffle
- September 06, 2017

This will be the third such reshuffle since Modi took over in May 2014. Railway Minister Suresh Prabhu had also hinted to have offered to resign after Kalinga-Utkal Express crash but was asked to "wait" by the Prime Minister. A cabinet reshuffle has been on the cards since Manohar Parrikar resigned as Defence Minister to become Chief Minister of Goa. Union Science and Technology Minister Harsh Vardhan is holding additional charge of the Environment Ministry following the death of Anil ... (more...)
Iran welcomes restoring of Qatari relations Iran welcomes restoring of Qatari relations
- August 27, 2017

The ministry's statement said the two "discussed bilateral relations and means of boosting and developing them, as well as a number of issues of common concern". The decision came despite Iranian officials' condemnation of the attacks and prosecution of perpetrators. Qatar and Iran share a massive offshore natural gas field, called the South Pars Field by Tehran and the North Field by Doha. (more...)
Whole Foods is about get cheaper for everyone starting Monday Whole Foods is about get cheaper for everyone starting Monday
- August 26, 2017

Not only will Prime members get in-store benefits and "special savings", but the program will also give customers access to Amazon Lockers at select Whole Foods locations, and the ability to purchase Whole Foods private-label products through Amazon .com, AmazonFresh, Prime Pantry and Prime Now. (more...)
Nash latest MP caught up in dual-citizenship saga
- August 19, 2017

Like the dual nationality case of Barnaby Joyce , Senator Nash's case will be referred to the High Court. Nash revealed she is a United Kingdom citizen by descent because of her Scottish-born father in a short, unheralded statement to the Senate on Thursday evening just before the adjournment. (more...)
The Punisher: Netflix Releases First Trailer for Frank Castle's Return
- August 19, 2017

But before Daredevil ( Charlie Cox ), Jessica Jones ( Krysten Ritter ), Luke Cage ( Mike Colter ) and Iron Fist ( Finn Jones ) team up to defend New York City, the producers of the show divide the four into pairs. Is there some endgame where Luke and Jessica will end up together? Thankfully The Defenders lives up to those expectations, but so far it hasn't yet exceeded them - yet being the operative word, of course, because odds are that the second half of the series will probably ... (more...)
Facebook to demote misleading videos Facebook to demote misleading videos
- August 19, 2017

Today it started downranking the News Feed presence of links that display a fake play button in the preview image, as well as videos that are actually just a static image uploaded as a video file. The company makes frequent changes to the News Feed , typically testing potential features at length before making them official. Facebook warned that publishers who rely on these "intentionally deceptive practices" should brace themselves for a dramatic decrease in the distribution of ... (more...)
Air Berlin files for Bankruptcy Air Berlin files for Bankruptcy
- August 17, 2017

In both cases, shareholder Etihad Airways decided it could no longer keep pumping funds into these strategic partners. Berlin will support the plan with a bridge loan of 150 million euros, ensuring that Air Berlin flights will continue according to schedule. (more...)
'We will not be blackmailed،' Chicago suing Trump over immigration laws 'We will not be blackmailed،' Chicago suing Trump over immigration laws
- August 08, 2017

But a new Justice Department policy requires any recipient to allow immigration authorities unlimited access to local jails.as well as 48 hours' notice before releasing anyone wanted for immigration violations. These grants are typically used to buy police vehicles and other equipment. CHICAGO , IL - JUNE 26: Chicago Mayor Rahm Emanuel speaks during a press conference to announce the use of a mobile ballistics lab being operated by the Bureau of Alcohol Tabaco and Firearms (ATF) in ... (more...)
Martin Shkreli Speaks out Guilty Verdict Martin Shkreli Speaks out Guilty Verdict
- August 06, 2017

After the conviction , Shkreli said that he was he was glad to be exonerated on numerous charges and "we're delighted in many ways". "He's likely going to second guess his decision to not plea and he'll have a long time to think about it", said David Chase, a former prosecutor for the Securities and Exchange Commission. (more...)
Strong dollar imperils economy and jobs, RBA warns Strong dollar imperils economy and jobs, RBA warns
- August 03, 2017

The meeting, scheduled at 12.00 BST on Thursday, August 3, is not expected to result in a change of policy, despite the relatively close vote of 5-3 not to raise interest rates at the previous meeting. Inflation is expected to pick up gradually as the economy strengthens. Commodity prices have generally risen recently, although Australia's terms of trade are still expected to decline over the period ahead. (more...)
GM slashed July rental vehicle sales, boosted commercial fleet GM slashed July rental vehicle sales, boosted commercial fleet
- August 03, 2017

Several major automakers, including GM, Ford, Fiat Chrysler Automobiles, Nissan Motor Co. and Hyundai Motor Co. said they sharply reduced rental vehicle sales in July, and they portrayed the decisions as putting profit ahead of sales volume. (more...)
Some Lawmakers Pose Concerns About Foxconn Deal Some Lawmakers Pose Concerns About Foxconn Deal
- July 31, 2017

Foxconn , formally known as Hon Hai Precision Industry Co Ltd, said in a statement that the investment "signifies the start of a series of investments by Foxconn in American manufacturing in the coming years". Wisconsin has also pledged $3 billion in incentives for the company. Syracuse University Professor Jason Dedrick said the main issue is "whether the benefits outweigh the costs of various subsidies likely used to attract Foxconn's investment" and if "this investment can attract ... (more...)
US GDP rebound fails to ignite dollar spark US GDP rebound fails to ignite dollar spark
- July 29, 2017

Many economists, however shrugged off that performance, saying Commerce routinely underestimates growth early in the year because of challenges making seasonal adjustments in categories such as defense spending and exports. That would follow two straight quarters when investment in homebuilding supported GDP growth. The increase in business investment reflected increases in all three components: structures, equipment, and intellectual property products. (more...)
Over a million Americans quit Twitter in just three months Over a million Americans quit Twitter in just three months
- July 28, 2017

The micro-blogging firm reported adjusted earnings of 8 cents per share, which was ahead of consensus at 5 cents per share on $573.9 million in revenue , which also beat consensus at $537.5 million in revenue . Twitter is rapidly trying to roll out products that will help make the service better, like trying to curb harassment and making the service easier to use with algorithmic feeds. (more...)
Sensex hits fresh peak of 32135.91; Nifty touches 9939.30 Sensex hits fresh peak of 32135.91; Nifty touches 9939.30
- July 25, 2017

The broader Nifty surged above 9,950 level to trade at 9,968.05, up by 52.08 points, or 0.53 per cent. Buying in heavyweights of energy, FMCG, financials, IT and consumer durable sectors lifted the key indices on better than expected financial results, brokers said. (more...)
Amazon rolling out Alexa to its Android shopping app Amazon rolling out Alexa to its Android shopping app
- July 22, 2017

To give Android users a better taste of Alexa , Amazon is updating its Android app with Alexa functionality . So, once the feature is live on all the Android handsets, users can ask Alexa about anything as they normally would while using it on Echo devices . (more...)
Scripps Networks Interactive, Inc. (SNI) Up on Discovery Merger Buzz Scripps Networks Interactive, Inc. (SNI) Up on Discovery Merger Buzz
- July 21, 2017

It has a 36-month beta of 0, so you might not be in for a bumpy ride. About 9.75 million shares traded or 673.81% up from the average. It has underperformed by 16.70% the S&P500. SRS Capital Advisors Inc. boosted its position in Scripps Networks Interactive by 13.3% in the first quarter. KCG Holdings Inc.'s holdings in Scripps Networks Interactive were worth $2,227,000 as of its most recent SEC filing. (more...)
'Atypical' Form of Mad Cow Disease Confirmed in Alabama Cow 'Atypical' Form of Mad Cow Disease Confirmed in Alabama Cow
- July 20, 2017

The animal died at the market before entering the slaughter channels and samples were sent to a USDA lab in Iowa for confirmation. A rare and spontaneous disease was discovered in an Alabama beef cow just prior to slaughter at a livestock market, according to the Alabama Department of Agriculture and Industries. (more...)
The top paid journalists and news presenters at the BBC The top paid journalists and news presenters at the BBC
- July 20, 2017

This is the first time the pay of its high-paying stars has been revealed. Unsurprisingly, the pay gap in the vast majority of industries is skewed towards men, however, there are numerous areas in which female workers earn more than male workers. (more...)
BHP Billiton PLC (NYSE:BBL) Stake Increased by Cypress Wealth Advisors LLC BHP Billiton PLC (NYSE:BBL) Stake Increased by Cypress Wealth Advisors LLC
- July 20, 2017

JPMorgan Chase & Co. boosted its stake in BHP Billiton PLC by 68,636.4% in the first quarter. CENTRAL TRUST Co now owns 5,668 shares of the mining company's stock valued at $201,000 after buying an additional 85 shares in the last quarter. (more...)

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