Economy

Economy Fox commits to Sky News independence in bid to seal takeover
Author: 0 Fox commits to Sky News independence in bid to seal takeover

Rupert Murdoch's 21st Century Fox has offered a series of steps to "guarantee" the editorial independence of Sky News to assuage concerns raised by the UK's competition watchdog over the company's bid to take full control of the pan-European broadcaster Sky .

Economy Oil Prices Scale Back on Supply Forecasts
Author: 0 Oil Prices Scale Back on Supply Forecasts

It specified "the level of substitution with other fuels in OECD Americas, Asia Pacific, and the Middle East", as well as "a steady increase in efficiency gains, and a reduction in subsidies, which are anticipated to reduce oil demand in the Middle East, but mitigated by higher household income".

Economy Verizon Will Soon Temporarily SIM Lock New Phones to Deter Theft
Author: 0 Verizon Will Soon Temporarily SIM Lock New Phones to Deter Theft

Verizon says that its unique unlocking policy makes its phones targets for thieves, but it didn't elaborate further on that claim. While unlocked Android devices are usually available when purchased directly from the manufacturer, many customers like to use carrier installment plans to upgrade hardware.

Economy Engine cover loss forces emergency landing
Author: 0 Engine cover loss forces emergency landing

It was delivered new to United in January 1996. According to The New York Times , the cover of the engine blew off and passengers heard a loud noise before feeling the plane shake violently, high over the Pacific Ocean . One woman on board later tweeted that the incident was "the scariest flight of my life". There is no impact on airport operations or runways and there was no report of injuries.

Economy New Payments Platform publicly launched
Author: 0 New Payments Platform publicly launched

Another benefit of NPP is that customers can include additional information with their payments like additional invoices and receipts. Westpac is also only initially launching the NPP to some of its customers - those in the Westpac-branded bank.

Author: 0 Punjab National Bank reports fraud of United States $1771.69mn, stock drops 9%

The report filed by the lender with the CBI also named two employees for colluding with Modi. "Based on these transactions other banks appear to have advanced money to these customers overseas", PNB said in the stock exchange filing. For now, it is unclear if the fraud reported on February 14 is linked to Modi's case. PNB spots Rs 11,300 cr fraud at Mumbai branch; stock dips 10% .

Economy Chipotle Picks Taco Bell CEO Brian Niccol to Be Its New Chief
Author: 0 Chipotle Picks Taco Bell CEO Brian Niccol to Be Its New Chief

In its release Tuesday, Chipotle lauded Niccol for establishing Taco Bell as a social media leader in the restaurant industry and for rolling out mobile ordering and payment options throughout the chain. Net income for the quarter was $43.8 million, or $1.55 per share, compared with $16 million, or $0.55 per share, the previous year. Brands CEO Greg Creed , the company announced earlier yesterday.

Economy UPS Business Blooms for Valentine's Day
Author: 0 UPS Business Blooms for Valentine's Day

The Fresh Flower Market received a delivery of more than 4,000 roses to accommodate the orders for Valentine's Day . When I asked about where her review went, and if a local florist was used for her order, he said this is an extremely busy time right now, and he couldn't discuss that right now.

Economy United States core consumer prices up 0.3 pct., most in a year
Author: 0 United States core consumer prices up 0.3 pct., most in a year

Wall Street is hoping consumer inflation doesn't come in high in Wednesday report, as that will set off inflation alarms and push rates up again. The January results are likely to show payback for unusual increases in both vehicles and medical goods in December, which should constrain the month-on-month change in the core to just 0.2%, with risks tilted to the downside.

Economy Credit Suisse Says Bonus-Pool Increase to Be Smaller for 2017
Author: 0 Credit Suisse Says Bonus-Pool Increase to Be Smaller for 2017

The troubles, combined with activist pressure, have put the bank in the spotlight after years working towards an image of stability as a premier bank for the world's ultra-wealthy. The bank made an annual return on regulatory capital of 3.9 percent. The group said it would propose a reduced dividend of 0.25 francs per share, compared to 0.70 francs in 2016 and average expectations for 0.28 francs.

Economy Salon's Monero mining project might be insane like a fox
Author: 0 Salon's Monero mining project might be insane like a fox

According to the Financial Times , the system will be powered by Coinhive , which uses a program that runs in the user's web browser to mine monero, a cryptocurrency with an emphasis on privacy and untraceability. Just in the last few days we've seen United States and UK government websites hijacked by a poisoned plugin that used Coinhive code to mine cryptocurrency , and reports of Android apps in the official Google Play store that mined Monero behind users' backs.

Economy Fox willing to back independent Sky News
Author: 0 Fox willing to back independent Sky News

The Murdoch-owned group has tabled a series of measures to "guarantee" the editorial independence of Sky News following concerns from Britain's competition watchdog that a tie-up would hand the tycoon too much control over British media. In that case, the concessions offered by Fox to safeguard Sky News would fall away, as the Murdoch family would not be in control of Sky's new parent company, Disney.

Economy Priya Varrier, The latest Cute sensation on Facebook and Twitter, Instagram
Author: 0 Priya Varrier, The latest Cute sensation on Facebook and Twitter, Instagram

And with Valentine's Day around the corner, youngsters have fallen for her. Priya Prakash The song Manikya Malaraya Poovi , is a melody from the upcoming Omar Lulu film Oru Adaar Love . Priya is a model-actress, who is gearing up for her debut Malayalam film, Oru Adaar Lover. Never knew my debut could be a National Trend #PriyaPrakashVarrier.

Economy SFO charges Barclays Bank
Author: 0 SFO charges Barclays Bank

The announcement follows a decision by the SFO in June a year ago to charge Barclays PLC , or the unit's parent group, over the same alleged offence. The Serious Fraud Office opened an investigation into the Qatar deal in 2012. The parent company has also been charged with two counts of fraud by false representation in capital raisings in June and October of 2008.

Economy Tesco plans a chain of discount stores
Author: 0 Tesco plans a chain of discount stores

Marks & Spencer took second place in the chart and Lidl came in third, just ahead of Waitrose. The budget supermarket retailer has replaced Waitrose at the top, a position it held for three years. "With food costs rising it seems as though shoppers have felt the pinch and are voting with their feet and wallets", said Alex Neill, managing director of Which? home products and services.

Economy Over 4200 US, UK government websites infected with crypto-mining malware
Author: 0 Over 4200 US, UK government websites infected with crypto-mining malware

The plug-in had been tampered with to add a program, Coinhive , which "mines" for Monero by running processor-intensive calculations on visitors' computers. You can easily generate the appropriate script tags using the SRI Hash Generator and rest assured the crypto miner could not have found its way into the page.

Economy Apple HomePod Launches With Big Sound-and Even Bigger Questions
Author: 0 Apple HomePod Launches With Big Sound-and Even Bigger Questions

Amazon Echo essentially houses Alexa , the personal assistant developed by the huge company. What's more , Sonos supports more streaming platforms than HomePod, and not only works with Alexa out of the box but also promises to make nice soon with the Google Assistant, and, yes, Siri .

Economy Markets Right Now: Stocks extend their slide; Dow off 400
Author: 0 Markets Right Now: Stocks extend their slide; Dow off 400

The Vix, Wall Street's so-called fear gauge, rose more than 20 per cent to a level of 33. US stocks started to tumble last week after the Labor Department said workers' wages grew at a fast rate in January. Some of the market's biggest winners over the past year were leading the market higher. It's still up 15 percent over the past year. Stocks are not falling because investors have doubts about the economy.

Economy Shares in JB Hi-Fi are tanking
Author: 0 Shares in JB Hi-Fi are tanking

Online sales, in particular, were a particularly strong growth area, surging 40.6 per cent to $119.3 million. JB Hi-Fi said online sales nearly doubled since the launch of a new website in August last year, accounting for 3.8 per cent of first-half sales, or $4.8m, compared to 2 per cent a year earlier.

Author: 0 Dr Pepper Snapple Group (DPS) Scheduled to Post Earnings on Monday

Balyasny Asset Management Llc who had been investing in Dr Pepper Snapple Group Inc for a number of months, seems to be bullish on the $20.98 billion market cap company. The institutional investor owned 158,631 shares of the company's stock after selling 1,243 shares during the quarter. First Personal Fin Service reported 1,004 shares or 0.04% of all its holdings.

Economy (NYSE:YUM) Position Lessened by Texas Permanent School Fund
Author: 0 (NYSE:YUM) Position Lessened by Texas Permanent School Fund

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Brands by 26.0% during the third quarter. Goldman, Sachs & Co. Brands, Inc. will post 2.81 earnings per share for the current fiscal year. Finally, American Century Companies Inc. acquired a new stake in shares of Yum! This repurchase authorization authorizes the restaurant operator to reacquire shares of its stock through open market purchases.

Economy Senate Leader Announces Two-Year Spending Plan to Avoid Shutdown
Author: 0 Senate Leader Announces Two-Year Spending Plan to Avoid Shutdown

The deal would also end - at least for a while - the prolonged congressional cycle of fiscal standoffs and short-term spending patches. House Speaker Paul Ryan , R-Wis., is now compelled to put a bill on the floor that a majority of his conference does not like - or take responsibility for a shutdown.

Author: 0 Jefferies Group Comments on Walt Disney Co's Q1 2018 Earnings (NYSE:DIS)

IHT Wealth Management LLC now owns 15,377 shares of the entertainment giant's stock worth $152,000 after purchasing an additional 3,923 shares in the last quarter. Princeton Port Strategies Group Ltd Liability accumulated 6,147 shares. Fny Managed Accounts Limited invested 0.02% in Lam Research Corporation (NASDAQ:LRCX).

Author: 0 (NASDAQ:MSFT) Holdings Trimmed by Tradition Capital Management LLC

It has outperformed by 17.82% the S&P500. Kiltearn Partners Llp decreased its stake in Polaris Inds Inc (PII) by 24.02% based on its latest 2017Q3 regulatory filing with the SEC. FBN Securities maintained the shares of MSFT in report on Wednesday, July 20 with "Outperform" rating. The firm has "Buy" rating by Bank of America given on Friday, October 23.

Economy Troubles mount for Manikarnika as Brahmin groups threaten its release
Author: 0 Troubles mount for Manikarnika as Brahmin groups threaten its release

Manikarnika , a biopic which features Kangana Ranaut as Rani Laxmibai is slated to release on August 3. "There is nothing controversial in Manikarnika ". "We have not referred the (sic) Jayshree Mishra or any other writes who wrote degrading history in Lakshmi Bai", the letter reads. Directed by Krish and produced by Zee Studios in association with Kamal Jain , Kangana essays the lead role of Rani Laxmibai, while Sonu Sood essays the male lead.

Economy High winds risk moving Olympic men's downhill into Monday
Author: 0 High winds risk moving Olympic men's downhill into Monday

The race is scheduled to get underway at 11 am local time (0200 GMT) and organizers might take some comfort from the fact that Saturday's training run proceeded smoothly in clement conditions despite high winds having been forecast. today and chose to postpone the men's alpine downhill event", he said. They added that the alpine combined downhill training scheduled for Monday had also been canceled.

Economy Uber settles with Google in tech theft lawsuit
Author: 0 Uber settles with Google in tech theft lawsuit

The settlement includes an agreement "to ensure that any Waymo confidential information is not being incorporated in Uber Advanced Technologies Group hardware and software", a Waymo representative said. Khosrowshahi also says that he feels "regret" over the dispute and wished his predecessors had. The lawsuit threatened to detail Uber's self-driving efforts, as Waymo was seeking a judgement up to $1.8 billion.

Economy Stephens Inc. AR Has $3.70 Million Position in Tyson Foods, Inc
Author: 0 Stephens Inc. AR Has $3.70 Million Position in Tyson Foods, Inc

The company shares sank -11.25% from their peak of $15.11 and now has a $4.11 billion market value of equity. The stock increased 0.88% or $0.1 during the last trading session, reaching $11.5. (NYSE:TSN) or 471 shares. (NYSE:TSN). Strategic Advisors Ltd Llc holds 0.84% or 30,979 shares in its portfolio. Tyson Foods, Inc is a food company, which is engaged in offering chicken, beef and pork, as well as prepared foods.

Economy Stock market slammed as Wall Street jitters persist
Author: 0 Stock market slammed as Wall Street jitters persist

That's because the stock market as measured by the S&P 500 index has to fall more to trigger those halts. The Nasdaq Composite hasn't fared much better, with the index dropping for 10 of the last 12 days. The S&P 500 is down 54.06 points, or 2 percent. Expedia ( EXP ) slumped after its latest earnings fell short of analysts' expectations. The Dow was up 264 points, or 1.1 percent, at 24,122.

Economy BJP has been for justice to Andhra, commitments being fulfilled gradually: Jaitley
Author: 0 BJP has been for justice to Andhra, commitments being fulfilled gradually: Jaitley

The grant of Rs 417.44 crore was a reimbursement for the Rs 3,217.63 crore spent by the state on the project. "If the State government suggests an alternative spot, we will consider it", he said. Centre asked AP to keep all their demands so that they can re-work and announce them. The BJP on Saturday tried to launch a counter-offensive against ally Telugu Desam Party, releasing a 27-page document to dismiss the allegation that the Centre had not done much for the development of Andhra Pradesh.

Author: 0 Checking the Overall Picture for United Parcel Service, Inc. (UPS)

It has underperformed by 14.60% the S&P500. Alpha Cubed Investments Llc decreased its stake in Lowes Cos Inc (LOW) by 52.6% based on its latest 2017Q3 regulatory filing with the SEC. (NYSE:KW). Jpmorgan Chase And owns 156,585 shares. Tiedemann Wealth Mgmt Lc holds 0.08% or 22,861 shares in its portfolio. Institutional investors and hedge funds own 53.51% of the company's stock.

Economy Select A320neo grounded over new P&W 1100G issues
Author: 0 Select A320neo grounded over new P&W 1100G issues

Swiss International Air Lines (SWISS) has selected Pratt & Whitney Geared Turbofan (GTF) engines to power 15 total Airbus A320neo and A321neo aircraft. Technical issues with certain engines of IndiGo's A320neo planes had led to the grounding of many flights past year. Noting that the issue is isolated to a limited sub population of engines, P&W said it has identified the potentially affected engines.