Economy

Economy Uber lost $3.7 billion during its last three quarters
Author: 0 Uber lost $3.7 billion during its last three quarters

Still, in the fourth quarter, which was the first full reporting period under the control of Dara Khosrowshahi as CEO, Uber's loss shrank to 1.1 billion Dollars from 1.46 billion USD in the third quarter. The fourth-quarter adjusted loss was $US475 million, down from $US606 million in the third quarter. Later, Levandowski sold that company to Uber and allegedly handed those purloined documents over to the new owners to help with their own autonomous vehicle ambitions.

Author: 0 Philip Morris International Inc

Shares of Philip Morris International Inc. The stock increased 2.46% or $2.46 during the last trading session, reaching $102.4. About 5.18M shares traded or 1.32% up from the average. The institutional investor held 2,018 shares of the finance company at the end of 2017Q3, valued at $214,000, down from 14,449 at the end of the previous reported quarter.

Economy Sensex soars almost 300 points, Nifty over 10600 as WPI inflation eases
Author: 0 Sensex soars almost 300 points, Nifty over 10600 as WPI inflation eases

Mumbai: The BSE benchmark Sensex surged over 167 points, staging a strong recovery in early trade today on firm cues from global markets. PNB stock ended 10.39 per cent or 16.80 points down at Rs 144.80. Headline consumer price inflation is expected to slow to 1.9 percent a year, with core inflation at 1.7 percent, Reuters reported. On the contrary, Indiabulls Housing Finance, Asian Paints and Aurobindo Pharma were among the top losers in the Nifty pack of stocks.

Economy Pet Products Recalled for Salmonella Infection Risk
Author: 0 Pet Products Recalled for Salmonella Infection Risk

Various products were recalled after 2 children became ill and a cat died. Darwin's Natural Pet Products recalled select lots of its Darwin's ZooLogics dog food , which includes ZooLogics Chicken and Vegetable Meals for Dogs manufactured November 2, 2017 and ZooLogics Duck and Vegetable Meals for Dogs manufactured November 16, 2017.

Author: 0 Analysts Opinions on: Exxon Mobil Corporation (XOM)

About 11.93M shares traded. ( XOM ) Holdings Lifted by QCI Asset Management Inc. Facebook, Inc. (NASDAQ:FB) has risen 26.75% since February 14, 2017 and is uptrending. $996,628 worth of Exxon Mobil Corporation (NYSE:XOM) was sold by Chapman Neil A on Thursday, December 14. Confluence Mngmt Limited Company reported 159,910 shares.

Author: 0 Barrick Gold Corporation (ABX)

Keybank National Association who had been investing in Invesco Ltd for a number of months, seems to be less bullish one the $13.23 billion market cap company. The firm has "Sell" rating given on Thursday, January 4 by Jefferies. Eldorado Gold Corporation (NYSE:EGO) now has a "Sell" signals on Composite indicators by TrendSpotter.

Economy Australian PM bans sex between ministers and staff after deputy's 'shocking' affair
Author: 0 Australian PM bans sex between ministers and staff after deputy's 'shocking' affair

Mr Joyce has denied breaching the ministerial code of conduct , which says frontbenchers can not employ "close" relatives or partners or get them work in other ministerial offices "without the prime minister's express approval". Mr Joyce has faced questions over the timing of two unadvertised jobs within his party that were taken up by Ms Campion previous year. Joyce said he did not know about the payment.

Economy Aly Raisman shares powerful message in Sports Illustrated Swimsuit Issue photos
Author: 0 Aly Raisman shares powerful message in Sports Illustrated Swimsuit Issue photos

Herrington said she hopes to continue to inspire young black girls the way Banks inspired her. So this surprise for 2018's Sports Illustrated Swimsuit Edition cover model is pretty wonderful. However, McGrady says that she realised nothing was more disheartening than trying to be someone she's not, and as such, embraced the concept behind the "In Her Words" spread entirely.

Economy Oil production rises by 167000b/d in January
Author: 0 Oil production rises by 167000b/d in January

Crude oil price increases in past months have stalled as non-OPEC producers, mainly the USA, continue to pump out product and global supply is likely to outpace demand in 2018, the International Energy Agency (IEA) said on Tuesday. It raised estimates for growth in non-OPEC supply in 2018 by about 100,000 barrels a day to 1.8 million a day - approximately equal to the amount of production OPEC and its partners promised to cut.

Economy NYT Fires Newly Hired Editorial Member for Friendship With neo-Nazis, Slurs
Author: 0 NYT Fires Newly Hired Editorial Member for Friendship With neo-Nazis, Slurs

But some six hours later, Norton had been dismissed from the paper after Twitter users immediately began highlighting her past tweets that used racial and homophobic slurs. Hours after the Times publicized its latest hire, the paper confirmed that it is investigating Norton for her past tweets, according to HuffPost .

Economy Waitress Gets Fired For Blasting Church Group On Facebook For Not Tipping
Author: 0 Waitress Gets Fired For Blasting Church Group On Facebook For Not Tipping

Christ Fellowship spokesperson David Lonsberry told The Palm Beach Post that the intent of the church "was to find a way to get a tip to the employee and did not desire in any way for punitive action to be taken". "I wouldn't change anything", Yoder said about the post and subsequent firing. Despite receiving compensation from the church, Yoder's mother has now set up a GoFundMe page for the former Outback server.

Economy Wall Street ends higher for third straight session
Author: 0 Wall Street ends higher for third straight session

But even if that's true, even if investors started getting the jitters, triggering a slight decline, something else entirely may be responsible for exacerbating the problem into a full-blown market correction. Federal Reserve will do next. The futures on US WTI crude oil ended with increase of 0.09 USD to 59.29 USD per barrel, while Brent oil fell by 0.20 USD to 62.59 USD per barrel.

Economy Amerisource shares jump on Walgreens buyout report
Author: 0 Amerisource shares jump on Walgreens buyout report

Morgan Stanley cut shares of Walgreens Boots Alliance from an "overweight" rating to an "equal weight" rating and decreased their price target for the company from $95.00 to $85.00 in a research report on Friday, October 6th. A company that manages their assets well will have a higher return, while a company that manages their assets poorly will have a lower return. The company's Average Revenue Estimate for the current quarter is $34.14 Billion, while Low and High Revenue Estimates are ...

Economy United Bank of India reports Q3 net loss at Rs637 crore
Author: 0 United Bank of India reports Q3 net loss at Rs637 crore

Public sector lender Indian Bank 's third quarter (October-December) profit fell by 18.8 percent year-on-year to Rs 303.1 crore, dented by higher provisions & contingencies and lower other income; but supported by higher revenue growth with improvement in asset quality.

Author: 0 Liberum Capital Reaffirms Hold Rating for Shaftesbury (SHB)

Barclays restated an overweight rating on shares of ASOS in a report on Wednesday, October 18th. Out of 2 Wall Street analysts rating Calpine, 0 give it "Buy", 0 "Sell" rating, while 2 recommend "Hold". Td Capital Mgmt Limited Com owns 284 shares for 0.02% of their portfolio. Investec Asset has 159,658 shares. Pennsylvania-based Commonwealth Of Pennsylvania Pub School Empls Retrmt Sys has invested 0.01% in Eaton Vance Corp.

Economy Japan's Economy Grows for Longest Stretch in 28 Years
Author: 0 Japan's Economy Grows for Longest Stretch in 28 Years

Private consumption grew 0.5%, expanding for the first time in six months, followed by a contraction of 0.6% in July-September, when typhoons and extended rains pressured consumption. To be sure, some economists are cautious about domestic demand because any further declines in global stocks could hurt sentiment and returns on investors' portfolios.

Economy Air India's woman pilot saves 261 lives
Author: 0 Air India's woman pilot saves 261 lives

With India poised to become the third largest aviation market by 2025 there is a serious need to upgrade the existing inadequacies. Two aircraft missed each other by seconds in India on 7th February. The captain climbed instantly steering clear from the way of the incoming Vistara flight, a Times of India report said. "In this particular incident, the resolution advisory (by the Traffic Collision Avoidance System or TCAS) got triggered due to conflicting traffic".

Economy RCMP investigating online comments after Stanley verdict
Author: 0 RCMP investigating online comments after Stanley verdict

He told me of a man in prison who had bad nightmares and would call out in his sleep. "I'm not saying there's not racism in other parts of the country but sometimes living in Saskatchewan, especially Northern Saskatchewan felt like I was living in the MS of Canada ".

Economy Boston Dynamics presented upgraded SpotMini - a robot dog
Author: 0 Boston Dynamics presented upgraded SpotMini - a robot dog

This updated version, equipped with a retractable claw attached to a long flexible arm, comes in handy when Spot can't handle that classic dog problem of a closed door. The bot is actually doing so to help another SpotMini -built with no arm- pass through. Yeah? Well now Boston Dynamics' rather unnerving SpotMini dog can do it too.

Economy Amazon cuts hundred of jobs in rare layoff round
Author: 0 Amazon cuts hundred of jobs in rare layoff round

Retailer Amazon said Monday it will lay off hundreds of corporate employees at its Seattle-area campus. Citing several unnamed employees , The Seattle Times reports that the layoffs occurred due to the accelerated growth of the past few years, which resulted in a situation where some teams were over budget.

Economy Icelandic Lawmaker Floats Bitcoin Mining Tax
Author: 0 Icelandic Lawmaker Floats Bitcoin Mining Tax

Johann Snorri Sigurbergsson a manager at energy firm Hitaveita Sudurnesja said "If all these projects are realised, we won't have enough energy for it", and that if they accepted all companies wanting to build data centers in Iceland, they simply would not have enough power.

Economy Eurozone economy storms ahead in sharp contrast to Brexit-hit UK
Author: 0 Eurozone economy storms ahead in sharp contrast to Brexit-hit UK

Gross domestic product in Europe's largest economy increased 0.6 percent from the third quarter, the Federal Statistics Office in Wiesbaden said on Wednesday. France likewise extended by 0.6%, while Spanish development was a step more grounded at 0.7%. The Federal Statistical Office highlighted the significant role of rising exports and government expenditure in contributing to Q4 GDP growth, while private consumption remained largely stagnant.

Economy Gas prices 6 cents higher but will start to decline
Author: 0 Gas prices 6 cents higher but will start to decline

AAA is reporting that gas prices in MI fell by a dime a gallon in the last week, while gas prices nationally have gone up 7 cents in the last two weeks. In addition, higher domestic oil production helped push crude oil prices lower, analysts said. "The rise in oil compared to previous year is why gas prices are so much more expensive".

Economy DNA Nanorobots Programmed To Kill Tumors: The Latest Weapon Against Cancer
Author: 0 DNA Nanorobots Programmed To Kill Tumors: The Latest Weapon Against Cancer

The tube structure is held together by fastener strands that include DNA aptamer molecules created to nucleolin, a protein specifically expressed on tumor-associated endothelial cells. Life expectancy in treated mice was 45 days, compared to 20.5 days in non-treated mice. "The nanorobot proved to be safe and immunologically inert for use in normal mice and also in Bama miniature pigs, showing no detectable changes in normal blood coagulation or cell morphology", comments Prof.

Economy Jennifer Garner participates in Brentwood charity run
Author: 0 Jennifer Garner participates in Brentwood charity run

The officers not only found the missing girl, they also purchased cookies from her! In the past, Garner has said that she likes to bake and gets competitive when it comes to selling cookies . Girl Scout S'mores (TM) cookies and gluten free Toffee-tastic (TM) specialty cookies are available at select cookie booths while supplies last. For Garner, everyone deserves the opportunity to enjoy a Thin Mint or Samoa, so she didn't mind taking a few orders.

Economy Thomas Cook resumes flights to Tunisia
Author: 0 Thomas Cook resumes flights to Tunisia

The company did not stop selling package holidays to French, German and Belgian tourists after the Sousse attack. Figures from the Office of National Statistics showed that 440,000 people from the United Kingdom visited in Tunisia during 2014.

Economy Facebook Messenger adds new feature for Valentine's Day
Author: 0 Facebook Messenger adds new feature for Valentine's Day

Facebook will then display a prompt to set custom emoji, nicknames, and colors for the chat. The custom emoji is the famous heart-eyes emoji, so you can express your love fast and easy. The Messenger camera is also being updated for the occasion, with a heart eyes filter among the new ones being added. Facebook has also posted some interesting data regarding Emoji usage, saying that they've become "the new love language", showing the most widely used Emojis worldwide.

Economy
Author: 0 "Shipping With Amazon" May Mean Big Problems for Shipping Firms

A major presence by Amazon in the shipping industry could affect FedEx two ways: more competition for other shippers' business, and the loss of some of Amazon's volume in the FedEx network. If realized, this delivery expansion to its third-party sellers would continue the Seattle-headquartered company's disruption of traditional retail and customer relationships.

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".