Economy

Economy Dominion Energy solar facility enters service in SC
Author: 0 Dominion Energy solar facility enters service in SC

As regulated utilities are entitled to do, the company was collecting payments from customers to cover the multibillion-dollar costs of the plants over 50 years. Guggenheim Securities analyst Shahriar Pourreza said he expects regulators to approve the deal. SCANA's troubles intensified in September, when South Carolina's attorney general's office and state lawmakers urged state law enforcement to conduct a criminal investigation on how it handled the project.

Economy Amazon Prime used for more than five billion shipments in 2017
Author: 0 Amazon Prime used for more than five billion shipments in 2017

An Amazon fulfillment center where products are packaged and shipped to customers. Students get a 6-Month Prime Free Trial at Amazon .com HERE! This shows just how important Prime has become to Amazon's future success. More new paid members joined Prime this year than any other year, Amazon Prime Vice President Greg Greeley said in a statement , adding, "members used digital benefits like Prime Video , Prime Music and Prime Reading more than ever before".

Economy Dell XPS 13 hands-on: A makeover inside and out
Author: 0 Dell XPS 13 hands-on: A makeover inside and out

Although that definitely helps. With the Rose Gold and Alpine White variant of the XPS 13 , Dell also bundles in white accessories to match the machine's color profile. A suite of biometric identification features are on offer as well from voice, facial and touch recognition facilitated by an optional fingerprint sensors, microphones, and an infrared camera as well as Windows Hello and Cortana on the software side.

Economy Retail inflation rises to 5.21 pc, dashes rate cut hopes
Author: 0 Retail inflation rises to 5.21 pc, dashes rate cut hopes

Factory output growth in October was at 2.2% while CPI was at 5.2 per cent from 4.88 per cent a month ago. For December, energy prices fell 1.2 per cent after surging 3.9 per cent in November. It rose to six-month high of 3.59 per cent in October as compared to 2.6 per cent for in September and 1.27 per cent during the corresponding month of the previous year.

Economy Infosys December quarter net profit jumps 38% to Rs 5129 crore
Author: 0 Infosys December quarter net profit jumps 38% to Rs 5129 crore

The company's dollar revenue growth stood at 1 per cent and constant currency revenue at 0.8 per cent QoQ. Profit rose 38.3 percent to 51.29 billion rupees (6 million) in the three months ended Dec 31, Infosys said on Friday. However, the gross profit of the company declined to Rs 6,344 crore, as against Rs 6,433 crore in the corresponding quarter past year. Parekh's appointment came after the abrupt resignation of Vishal Sikka, who had quit in August following public spat with co-founders ...

Author: 0 Fiat Chrysler will move Ram truck production from Mexico to MI

The move comes following a recent tax code overhaul across the United States, with Fiat Chrysler viewing the move as a way of protecting its profits should President Donald Trump pull the U.S. The investment announced on Thursday is additional, the company said. The investment "is a hedge by FCA against the increasing likelihood that Nafta will be dropped or renegotiated to favor manufacturing in the U.S.", Erik Gordon, a professor at the University of Michigan's Ross School of Business, ...

Economy Some operations cancelled at 'extremely busy' hospital
Author: 0 Some operations cancelled at 'extremely busy' hospital

Trusts have also been told they can abandon efforts to house male and female patients in separate wards, in an effort to protect basic safety, as services become overwhelmed.By Tuesday night 12 NHS trusts - including two ambulance services covering nearly nine million people - had declared they had reached the maximum state of emergency.

Economy GM just introduced a self-driving auto without a steering wheel
Author: 0 GM just introduced a self-driving auto without a steering wheel

Mr Vogt said the self-driving Bolt has redundant systems built in to back up the driving systems. "If you're testing Level 4 technology with a driver, you're not really testing it at level 4", he said in an interview at the CES technology show in Las Vegas this week.

Economy China's December imports growth weakest in a year, exports beat forecast
Author: 0 China's December imports growth weakest in a year, exports beat forecast

For the full year, exports rose to almost $2.3 trillion while imports expanded to $1.8 trillion yuan. In 2016, trade turnover between Russian Federation and China grew by 2.2 percent year-on-year, to reach $69.52 billion. The world's second-largest economy had a surplus of $25.55 billion in December, data showed, compared to $27.87 billion in November. "The next stage is an open economy that focuses on a balance of trade", he said.

Economy Uber uses 'panic button' to shield files during police raids
Author: 0 Uber uses 'panic button' to shield files during police raids

The company allegedly used the system at least 24 times from spring 2015 until late 2016, but the report does not claim that Uber used the system for any USA offices. The name is an allusion to " Aliens ", in which Sigourney Weaver's Ripley character says "Nuke the entire site from orbit". However, what is out of the ordinary in this case it how frequently Ripley has been employed.

Economy Mazda's $1.6 billion Alabama plant leaves room to expand
Author: 0 Mazda's $1.6 billion Alabama plant leaves room to expand

Toyota and Mazda are participating in a joint venture to build the plant, which will produce the Toyota Corolla and a new Mazda crossover, with a capacity to build 300,000 vehicles annually. To entice manufacturers, Southern states have used a combination of lucrative incentive packages, low-priced labor and a pro-business labor environment since the United Auto Workers union is stronger in Northern states.

Economy The rocket has successfully lifted off from its launch pad at Sriharikota
Author: 0 The rocket has successfully lifted off from its launch pad at Sriharikota

Among the 30 co-passenger satellites, 3 microsatellites and 25 nanosatellites will be launched on behalf of six countries - Canada, Finland, France, Republic of Korea, the United Kingdom and the US. Scientists would bring down the height by twice restarting the fourth stage of the PSLV-C40 for launch of Microsat satellite, which will be placed in a 359 kms polar SSO, ISRO said.

Economy Ocean Infinity to continue search for flight MH370
Author: 0 Ocean Infinity to continue search for flight MH370

The missing plane, a Boeing 777, was carrying 239 people en route to from Kuala Lumpur when it disappeared from radar screens. Director of Blue Water Recoveries Ltd, underwater wreck hunter David Mearns termed the USA firm's plan as the "best chance yet" to find debris from the missing flight.

Economy 'Strong demand, OPEC cuts will boost oil prices'
Author: 0 'Strong demand, OPEC cuts will boost oil prices'

US crude oil prices closed Wednesday at their highest levels in over three years. US West Texas Intermediate ( WTI ) crude futures settled at US$63.80 a barrel, up 23 cents, the highest since December 2014. Crude inventories in the USA are now around 11 per cent lower compared to past year. Oil prices are now at levels at which USA production could substantially increase.

Economy Dropbox has confidentially filed to go public
Author: 0 Dropbox has confidentially filed to go public

Dropbox is reportedly aiming to list in the first half of this year. One of the sources who spoke to Bloomberg said Dropbox is hoping to launch its IPO by the end of the second quarter. But bankers and analysts said numerous biggest potential market debutantes would likely sit on the sidelines for another year, having already raised enormous sums in the private markets.

Economy Ikea Gives Discount for Peeing on Ad, but Only if You're Pregnant
Author: 0 Ikea Gives Discount for Peeing on Ad, but Only if You're Pregnant

The internet has reacted in disgust, amusement and confusion after Ikea launched an ad encouraging women to pee on it. The popular home brand recently released a magazine ad that reads, " Peeing on this ad may change your life". "We want to be right there when they happen, and through the "where life happens" campaign we take that idea all the way". But we're not quite sure if this test/ad hybrid was really thought through carefully (or if any of them have ever tried taking a ...

Economy Sam's Club Closes Several Stores Without Notice
Author: 0 Sam's Club Closes Several Stores Without Notice

Signs related to the closure at the entrance to the Sam's Club store on Dimond Boulevard. The Connecticut locations are among numerous members-only stores across the nation to be shuttered. According to our sister station in Cincnnati, WCPO, employees at area Sam's Club said they had no notice of the closure before receiving a letter in the mail.

Economy The corpse of Circuit City will rise again on February 15
Author: 0 The corpse of Circuit City will rise again on February 15

The site will use features while search-by-photo for product listings and real-time tech support to boost customer experience. Eventually, the revitalized company plans to open showroom-style stores as part of its brick-and-mortar retail strategy.

Economy MoneyGram to test cryptocurrency Ripple
Author: 0 MoneyGram to test cryptocurrency Ripple

Ripple has released an official statement explaining the terms of the partnership; " MoneyGram will access and use XRP, the native digital asset of the XRP Ledger, in their payment flows through xRapid, Ripple's on-demand liquidity product".

Economy Costco Customer Returns 'Dead' Christmas Tree In January For Full Refund
Author: 0 Costco Customer Returns 'Dead' Christmas Tree In January For Full Refund

A U.S. woman has received a full refund after returning her dead tree 10 days after Christmas . A few days into January 2018 , a frugal woman dragged her dead Christmas tree to Costco, demanded a refund and got it. Everything has an expiration date, including Christmas trees and their return policies . Verified purchase on her account and she was shammed (sic) to a small degree.

Economy Tesco Confident of Full-Year Outlook After Strong Christmas Sales Growth
Author: 0 Tesco Confident of Full-Year Outlook After Strong Christmas Sales Growth

Tesco announced in a statement this morning that its third-quarter like-for-like (LFL) sales in the United Kingdom and Ireland had grown 2.3 percent. Over the Christmas period specifically, Tesco posted 1.9% LFL sales growth, however it noted that a positive performance in food sales during this period (+3.4%) was "offset by ongoing drag from general merchandise and lost tobacco sales due to Palmer & Harvey integration".

Economy Giant recalls orange cream bars, ice cream bars
Author: 0 Giant recalls orange cream bars, ice cream bars

It can cause miscarriages and stillbirths, and it is more risky for people with weakened immune systems, such as infants, the elderly, people who are HIV positive and cancer patients undergoing chemotherapy. The best by dates on the packages are January 1 to December 31, 2018. Listeria monocytogenes, a "common organism found in nature", according to the release, could cause listeriosis if consumed in food.

Economy Man consumes poison at BJP office, dies; Uttarakhand CM orders probe
Author: 0 Man consumes poison at BJP office, dies; Uttarakhand CM orders probe

Dehradun: Hundreds of Congress members took to the streets on Wednesday to protest the death of debt-ridden transporter Prakash Pandey. He cited losses incurred due to demonetisation and GST as the cause for his taking the extreme step. However, no help was extended to him, which, according to Pandey, "has left no option" for him "but to consume poison". Pandey, a resident of Nai Colony in Haldwani, was under heavy debt and had not been able to pay the fee for his two-school going children ...

Economy Ford sued by truck owners alleging diesel emissions cheating
Author: 0 Ford sued by truck owners alleging diesel emissions cheating

That 6.7-liter Power Stroke engine in the F-Series Super Duty trucks has been a market victor for the company; and there's been talk of a diesel in the lighter truck class for some time. The variable-geometry turbo is used for greater responsiveness and a common-rail fuel injection system with 29,000 psi injection enables quiet operation.

Economy Ikea offers free cribs to pregnant mums who pee on its ad
Author: 0 Ikea offers free cribs to pregnant mums who pee on its ad

Presumably, you'll then need to bring the urine-soaked paper to your local Ikea to redeem it. The year of the pee ad. If a pregnant woman pisses on the strip, it'll reveal the company's family discount for the crib. Do women want to stick a magazine page between their legs? IKEA , an worldwide furniture retailer known for resetting boundaries with its marketing, is running a magazine ad that encourages women to take a tinkle on it.

Author: 0 Analyst Stock Ratings: Government Properties Income Trust (GOV), Mohawk Industries, Inc. (MHK)

The dividend yield of 1.36% measures the amount of cash dividends distributed to common shareholders relative to the market value per share. The company has a market cap of $4.54 billion, a PE ratio of 42.32 and a beta of 0.52. The company had a trading volume of 3,520,000 shares, compared to its average volume of 2,100,000. Timber Hill Ltd invested 0.02% of its portfolio in Medical Properties Trust, Inc.

Economy Watchdog calls for more IRS funding as agency implements tax law
Author: 0 Watchdog calls for more IRS funding as agency implements tax law

Even before the federal tax overhaul was passed in December, the IRS was already projecting that its representatives would only be able to handle 4 out of every 10 taxpayer calls in fiscal year 2018. "Olson noted that funding for the IRS has fallen since 2010 by about 20 percent, in inflation-adjusted terms, and these "cuts have rendered the IRS unable to provide acceptable levels of taxpayer service", adding that "'shortcuts" have become the norm and "shortcuts' are incompatible with ...

Economy Climate change: New York City to sell $5b oil and gas stocks
Author: 0 Climate change: New York City to sell $5b oil and gas stocks

NY became the largest American city to sue Big Oil, demanding that ExxonMobil, Chevron, BP, Royal Dutch Shell and ConocoPhillips pay for the cost of protecting the city from the "existential threat" of climate change. He and state Comptroller Thomas DiNapoli are creating an advisory committee to examine the way to proceed with divestment. Vondrich said other cities and entities selling off fossil fuel interests have included Berlin and Washington, D.C.; insurance companies Swiss Re, Axa and ...

Economy Theresa May appoints new housing minister
Author: 0 Theresa May appoints new housing minister

Further changes, including possible moves for junior ministers at the Department for Transport, will be announced on Tuesday. Immigration minister Brandon Lewis has become chair of the Conservative party. All indications are that industry lobbyists should not bother to spend too much time trying to get to know his replacement. Following a ministerial reshuffle by Theresa May , the department has changed its name from the Department of Communities and Local Government.

Author: 0 Noteworthy Stocks: Boston Scientific Corporation (BSX), Fitbit Inc. (FIT)

The stock increased 1.66% or $0.94 during the last trading session, reaching $57.72. It has outperformed by 24.27% the S&P500. Boston Scientific's quarterly revenue was up 5.6% on a year-over-year basis. Jpmorgan Chase Co holds 0.33% or 52.33 million shares. 194,097 were reported by First Bank & Trust Of Omaha. Walleye Trading Ltd Company stated it has 22,865 shares or 0% of all its holdings.