Economy

Economy Exit polls bring cheer for BJP
Author: 0 Exit polls bring cheer for BJP

Another such survey gave the ruling party 108 seats and 74 to the Congress. As soon the two-phase Gujarat assembly elections came to an end on Thursday, the exit polls of various media houses predicted that the BJP would secure a big win in Prime Minister Narendra Modi's home state.

Economy Jeff Bezos' Blue Origin gets closer to flying tourists to space
Author: 0 Jeff Bezos' Blue Origin gets closer to flying tourists to space

While SpaceX has suffered a few setbacks and delays this week for the launch of its Falcon 9 rocket and Dragon capsule to the International Space Station, competitor Blue Origin is making strides. The test flight also carried 12 payloads and even a passenger - specifically an instrumented dummy brilliantly named "Mannequin Skywalker". Blue Origin is also working on a larger and more powerful rocket system that could take people to orbit and even the moon .

Economy Bell ringers needed for Salvation Army red kettles in Waseca
Author: 0 Bell ringers needed for Salvation Army red kettles in Waseca

This year, 1,802 children from about 950 families will receive a little more on Christmas than they may have otherwise. Joyce Keenan of Toys for Tots says, "if they need any kind of assistance, we stand by ready to help them as much as we possibly can and we feel very badly that this happened at this time of the year".

Economy Cuomo, Christie commit to funding their halves of Gateway Tunnel
Author: 0 Cuomo, Christie commit to funding their halves of Gateway Tunnel

The tunnel is an essential part of the Northeast Corridor that connects NY and New Jersey and is the nation's most critical major infrastructure project, according to a joint press release issued by the governors' offices. New Jersey will raise its share from commuters by charging them an extra 90 cents for every trip into NY starting in 2020. NY will contribute $1.75 billion, Port Authority is committed for $2.7 billion, and the federal government would pay roughly $17 to $18 billion.

Economy Bitcoin Futures Surge in Debut
Author: 0 Bitcoin Futures Surge in Debut

Speaking last week, ahead of its bitcoin futures contract launch, Ed Tilly, told the Financial News [paywall] that comments from Walt Lukken, FIA CEO, were 'irresponsible.' According to Lukken, the futures had come to the market too quickly.

Economy Facebook Is 'Ripping Apart' Society, Former Executive Warns
Author: 0 Facebook Is 'Ripping Apart' Society, Former Executive Warns

He added that this is a "global problem" and not just about Russian ads. Palihapitiya joined Facebook in 2007 and went on to become the CEO of Social Capital , a VC firm founded by him in 2011, according to Quartz . Palihapitiya started venture investing on the side while he was at Facebook and proved himself a savvy investor. During and after working at Facebook he made investments in Palantir, Pure Storage, Playdom and Bumptop, Slack and Yammer.

Author: 0 Volume Buzzers on Charts: Intel Corporation (NASDAQ:INTC), Akorn, Inc. (NASDAQ:AKRX)

Advisory Services Network LLC trimmed its holdings in shares of Intel Corporation (NASDAQ: INTC ) by 24.0% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. Icm Asset Wa invested in 1.95% or 46,215 shares. Maple Cap Management owns 334,469 shares. Windward Mngmt Ca has invested 0.13% in Intel Corporation (NASDAQ: INTC ).

Economy Apple Confirms Acquisition of Music Recognition Service Shazam
Author: 0 Apple Confirms Acquisition of Music Recognition Service Shazam

Because Shazam's other key selling point with Apple might be its role in voice recognition. There may be yet more futuristic uses for Shazam's tech in the pipeline. However, the user numbers are still only about half of that of Sweden-based music streaming service Spotify. Through all of this, Shazam has developed some interesting partnerships, specifically with Apple and Spotify (who together get around 1 million referrals each month via Shazam), and Snapchat , which now has an ...

Economy Gold Prices Fall To Lowest Since July
Author: 0 Gold Prices Fall To Lowest Since July

Gold was down about 2.6% for last week, a third-straight weekly loss. "Depending on how hawkish the wording is, gold could drift lower still, as charts do not show any meaningful support at least until $1,205-$1,210", Meir said.Gold is sensitive to rising USA interest rates , as these increase the opportunity cost of holding non-yielding bullion and boost the dollar, in which it is priced.

Economy Mobile is getting into the streaming television business with Layer3 TV acqusition
Author: 0 Mobile is getting into the streaming television business with Layer3 TV acqusition

The new service will combine streaming TV and online video at a lower cost and doesn't restrict customers to lengthy contracts or bundles that include channels or content they don't want to watch. T-Mobile does say that its TV offering will utilize its nationwide retail stores as well as its sales and customer care organizations. So, seeing an opportunity to make a name for itself by shaking things up a bit, T-Mobile is going to enter the TV business.

Economy Disney deal to buy Fox assets for $60B imminent, report says
Author: 0 Disney deal to buy Fox assets for $60B imminent, report says

Fox would create a new company from its remaining assets including the Fox television channel, Fox News Channel and the Fox Sports channels. Last month a source familiar with the situation told USA TODAY that Comcast approached Fox and expressed interest in such assets as the Fox TV and movie studio, Sky and Mumbai-headquartered studio Star India.

Economy German pilots union warns of Ryanair industrial action
Author: 0 German pilots union warns of Ryanair industrial action

The Irish airline, Europe's largest by passenger numbers, is still trying to recover from a damaging wave of flight cancellations caused by crew rostering problems. Ashley Connolly, an official at Irish trade union IMPACT, said: "This dispute is exclusively about winning independent representation for pilots in the company".

Economy Sensex snaps three sessions of gains; oil marketers down
Author: 0 Sensex snaps three sessions of gains; oil marketers down

The barometer 30-scrip Sensitive Index (Sensex) of the BSE, which opened at 33,317.72 points, closed at 33,455.79 points - up 205.49 points or 0.62 per cent - from its previous close. It is expected to lift rates by 0.25 percent. Indian shares fell modestly on Tuesday after three days of strong gains and amid macro data on inflation and industrial output due later in the day.

Economy Regulators on Bitcoin and other digital currencies: Investors beware
Author: 0 Regulators on Bitcoin and other digital currencies: Investors beware

At 2:44pm last week, Bitcoin was trading at $11,983. In his statement , the SEC chairman referenced the extranational nature of cryptocurrencies and stated that the risks associated with such investments could be "amplified" since the SEC will not be able to pursue bad actors across borders.

Economy Gas prices continue to drop before the holidays
Author: 0 Gas prices continue to drop before the holidays

Following on what was a comprehensive, 41-page report, AAA joined with the Automobile Club of Southern California's Automotive Research Center to investigate whether auto owners can gain anything from putting premium fuel in vehicles that recommend but don't require it.

Economy Who Is Akayed Ullah? Times Square Explosion Suspect Identified
Author: 0 Who Is Akayed Ullah? Times Square Explosion Suspect Identified

Christina Bethea was starting off her week rushing to work when she said the device exploded about 50 feet from her. The Times Square subway station, the city's busiest, was closed for a while. He did not hear the blast either, but saw police react. Officers were running around. "I'm just going to continue living", she said. "It was fairly orderly".

Economy Wal (WMT) Holder Twin Tree Management LP Has Lowered Its Holding
Author: 0 Wal (WMT) Holder Twin Tree Management LP Has Lowered Its Holding

The rating was downgraded by HSBC to "Reduce" on Monday, May 23. Ardevora Asset Management Llp decreased Unitedhealth Group Inc (UNH) stake by 14.7% reported in 2017Q2 SEC filing. Bogle Investment Management L P De owns 443,256 shares or 0.24% of their U.S. portfolio. Atwood Palmer Inc invested in 1,100 shares or 0.01% of the stock.

Economy Locals protest to 'Save the Net'
Author: 0 Locals protest to 'Save the Net'

In Redding, a similar protest took place in front of the Verizon store on Hilltop Drive. These net neutrality rules were passed in 2015, and have broad support from groups ranging from civil liberty organizations to internet giants like Google.

Author: 0 Delta Air Lines, Inc. (DAL) has its outstanding shares of 716 Million

Westpac Banking accumulated 866,123 shares or 0% of the stock. ILLEGAL ACTIVITY WARNING: " Delta Air Lines, Inc ". For the most recent quarter, quick ratio was 0.40, current ratio was 0.40, LT Debt/Equity ratio was 0.54 and Total Debt/Equity ratio stands at 0.63, while Payout ratio is 18.20%.

Economy Uber Hacker was 20-Year-Old Florida Man
Author: 0 Uber Hacker was 20-Year-Old Florida Man

The decision to pay someone off that had damaging information about the company and then pretend it never happened has become something of a pattern for Uber under its former CEO Travis Kalanick. "At the time of the incident", Khosrowshahi said, "we took immediate steps to secure the data and shut down further unauthorized access by the individuals.

Author: 0 Rite Aid Corporation (NYSE:RAD)

The company's institutional ownership is monitored at 52.2 percent. Rite Aid Corp now has $1.87 billion valuation. Whereas its latest closing price kept its distance from the SMA20 at 5.95% and 1.52% from SMA 20 while it was raised -40.74% from the simple moving average price of 200 days.

Economy Pinebridge Investments LP Boosts Position in Marathon Petroleum Corporation (MPC)
Author: 0 Pinebridge Investments LP Boosts Position in Marathon Petroleum Corporation (MPC)

Marathon Pete Corp now has $31.00 billion valuation. The stock price volatility for last week at the close of regular trading was 2.77%, pushing the figure for the whole month to now reaching 3.55%. Credit Suisse has "Outperform" rating and $65 target. Moreover, Caymus Capital Partners L.P. has 2.58% invested in the company for 1.90 million shares.

Economy Piggy: fifth time sexiest Asian women to win
Author: 0 Piggy: fifth time sexiest Asian women to win

What a talented lady she is, right? Although we have to wait for some more time before Priyanka Chopra announces her next Bollywood project, it seems that the actress is grabbing eyeballs yet again for featuring in the list of Asia's Sexiest Woman and that too for being ranked on top.

Author: 0 EasyJet's (EZJ) Outperform Rating Reaffirmed at Credit Suisse Group

Cantor Fitzgerald maintained the shares of TED in report on Tuesday, June 14 with "Buy" rating. BMO Capital Markets maintained Perseus Mining Limited (TSE:PRU) rating on Monday, April 3. The stock has "Buy" rating by Atlantic Securities on Thursday, August 11. The stock increased 0.61% or GBX 12 during the last trading session, reaching GBX 1983.

Economy YouTube to Expand Teams Reviewing Extremist Content
Author: 0 YouTube to Expand Teams Reviewing Extremist Content

In a blog post , Wojcicki said the company was already taking "aggressive action" on comments, and was testing new systems to counter threats that combine human and automated checks. The Mountain View tech giant has been facing a revolt by advertisers over ads paired with disturbing videos, such as those made by hate groups and religious extremists.

Author: 0 The Bear Case for Kinder Morgan, Inc. (KMI)

Piper Jaffray reinitiated the stock with "Neutral" rating in Friday, April 1 report. (NYSE: KMI ) traded down $0.05 during mid-day trading on Tuesday, reaching $17.20. To understand the overall trajectory of KMI's earnings growth over these next fews years, I've fitted a line through these analyst earnings forecast to determine an annual growth rate from the slope.

Economy Apple Inks $15B Deal with Ireland To Clear Up Back Taxes
Author: 0 Apple Inks $15B Deal with Ireland To Clear Up Back Taxes

As a result of both parties contesting the ruling, the matter is now awaiting a European Court of Justice decision, and the money will be paid into the escrow account in the interim. What did Apple do exactly to warrant a payment as big as €13 billion? Both Apple and Ireland dragged their feet on the repayment as they appealed the decision in court.

Economy Ireland Services Growth At 1-Year Low But Still Strong
Author: 0 Ireland Services Growth At 1-Year Low But Still Strong

Improving conditions for manufacturers failed to keep Markit's composite PMI from declining to 48.9 in November from 49.5 in the prior month. "A sufficient degree of optimism in pockets of the economy, notably financial services, tourism, manufacturing and house building, is helping the economy as a whole to sustain steady growth", he said.