Economy

Economy Bugatti boss hints at second model line and hybrid Chiron plans
Author: 0 Bugatti boss hints at second model line and hybrid Chiron plans

Bugatti introduced the new Chiron Sport on Tuesday at the 2018 Geneva Motor Show . Its engine is unchanged (four turbos, eight litres, 16 cylinders, 1103 kilowatts and 1600Nm are insane enough, thank you very much) as is the Chiron's estimated top speed of 463km/h, but the steering is quicker and the adaptive suspension damping is 10 percent stiffer all round.

Economy Google Busted Helping Pentagon in Developing AI for Drones
Author: 0 Google Busted Helping Pentagon in Developing AI for Drones

This project helps identify objects seen in drone footage. Google has reiterated to its staff that Project Maven doesn't involve using AI for combat efforts. The board has worked closely with Project Maven, providing oversight and expertise in some areas. "This specific project is a pilot with the Department of Defense, to provide open source TensorFlow A.P.I.s that can assist in object recognition on unclassified data", the spokesperson said.

Economy Bill to keep Arkansas Medicaid plan advances
Author: 0 Bill to keep Arkansas Medicaid plan advances

The Governor said the work requirement will go into effect by May 1st. The new policy would have cut the number of people eligible for Medicaid in the state by about 60,000 people. Those failing to demonstrate they meet the requirement for three months during the year will lose coverage for the rest of the year and will have to reapply the next year.

Economy Coinbase Announces Cryptocurrency Index Fund
Author: 0 Coinbase Announces Cryptocurrency Index Fund

Like Coinbase's product, Grayscale's new trusts will be offered to accredited investors with a minimum $10,000 investment. Coinbase is hoping to capitalise on the increased amount of interest in the likes of Bitcoin , Ethereum and Litecoin by launching an Index Fund for digital currencies.

Economy OPEC Meets With US Producers as It Ponders Next Move
Author: 0 OPEC Meets With US Producers as It Ponders Next Move

He also said he expects U.S. export capacity to double over the next five years. Crude oil prices rose along with the U.S. stock market on forecasts for robust oil demand growth and concerns that output from OPEC producers would grow at a much slower pace in coming years.

Economy Buckhead Capital Management LLC Has $4.48 Million Stake in Target Co. (TGT)
Author: 0 Buckhead Capital Management LLC Has $4.48 Million Stake in Target Co. (TGT)

Target Corporation ( TGT ) stock is now trading 23.52% away from its average-price of 200 days while it maintained a distance of 3.74% from its 50 Days Moving Average and 1.57% compared with the 20 Day Moving Average. Finally, Teachers Advisors LLC increased its stake in Target by 101.8% during the 4th quarter. The business had revenue of $22.77 billion for the quarter, compared to the consensus estimate of $22.56 billion.

Economy Volkswagen predicts 'renaissance' for embattled diesel cars
Author: 0 Volkswagen predicts 'renaissance' for embattled diesel cars

Consumers have also begun to shun diesel, with its share of German vehicle sales tumbling to a third from half since VW's cheating scandal. Effectively, from now on, all core Toyota models - the Auris for example eschews a diesel powertrain altogether - will be presented to customers with two hybrid powertrain options.

Economy McDonald's quarter-pounders get fresh makeover
Author: 0 McDonald's quarter-pounders get fresh makeover

The changes to the menu include McDonald's Quarter Pounder, Quarter Pounder with Cheese, Double Quarter Pounder and Signature Crafted Recipe burgers. McDonald's is now serving fresh beef that is "cooked right when ordered" at 3,500 of its locations spread across eight cities in the United States.

Economy Donald Trump's wealth tanks $400M after 1st year in White House
Author: 0 Donald Trump's wealth tanks $400M after 1st year in White House

In 2013, he was listed on Forbes 400 with a net worth of $27.2 billion. Luisa Kroll and Kerry Dolan, from Forbes Media, said: "The superrich continue to get richer, widening the gap between them and everyone else". The magazine also noted that the U.S president Donald Trump's fortune had fallen for the second year running in annual ranking of the world's wealthiest people.

Economy Cash rate remains steady after RBA meeting
Author: 0 Cash rate remains steady after RBA meeting

The meeting also comes a day ahead of the national accounts - a comprehensive guide to the wellbeing of the economy. Here's the full monetary policy statement released by RBA Governor Philip Lowe . Consistent with this, the rate of wage growth appears to have troughed and there are reports that some employers are finding it more hard to hire workers with the necessary skills.

Economy Government Calls Broadcom's Bid for Qualcomm a National Security Risk
Author: 0 Government Calls Broadcom's Bid for Qualcomm a National Security Risk

Reuters reported last week that CFIUS had begun looking at Broadcom's bid amid growing pressure from lawmakers, including President Donald Trump's fellow Republicans in Congress. Saying China and other countries "have been incredibly aggressive and strategic", Cornyn told reporters outside the Senate that a hostile takeover of the chipmaker by a foreign company would be a cause for concern.

Economy Woman tries to open plane door during flight, claims to be God
Author: 0 Woman tries to open plane door during flight, claims to be God

Perhaps one of the most peculiar things uttered by the passenger was that the plane landed sooner than expected in Boise although was far from reaching the destination. The woman was taken for medical evaluation. He added that the behaviour suggested the woman, who was seated in First Class, may have had a fear of flying.

Economy Northern Ireland vehicle fire no longer thought to be terrorism related
Author: 0 Northern Ireland vehicle fire no longer thought to be terrorism related

Police are now at the scene on the Main A2 between Belfast and Bangor. There followed condemnation from a number of political representatives including DUP leader Arlene Foster. Police have confirmed that a mechanical fault is now believed to be the cause of a vehicle fire on the A2 between Belfast and Bangor. The female driver of the vehicle was not injured.

Economy This robotic arm is created to flip burgers
Author: 0 This robotic arm is created to flip burgers

David Zito, co-founder and chief executive officer of Miso Robotics added, "I'm thrilled that one of the biggest names in hospitality chose Miso Robotics to assist kitchen staff in their venues". "The ease of integration into our existing kitchen lines will also allow us to quickly install Flippy in more locations nationwide". "The key to success in the restaurant industry is consistency", said John Miller, CEO of Cali Group, the company that runs the chain.

Economy Sam Darnold: Getting drafted No. 1 would be
Author: 0 Sam Darnold: Getting drafted No. 1 would be "great opportunity"

In between there is the super-smart and confident Josh Rosen , the electric Lamar Jackson and the seemingly always composed Josh Allen . "They all the potential to develop into very productive quarterbacks at the next level". There is nothing wrong with this type of confidence from Rosen. "Everybody does things well in their own aspect and we're all different, we all have our pluses, our minuses, but if you don't have the mindset that you're the best quarterback in this draft, you're not ...

Author: 0 Independence Realty Trust Inc (IRT) CFO James J. Sebra Purchases 2500 Shares

Land & Buildings Investment Management Llc who had been investing in Qts Rlty Tr Inc for a number of months, seems to be bullish on the $1.92B market cap company. The Company is engaged in the business of owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of real estate assets.

Economy 'The Shape of Water' scoops best picture at the Oscars
Author: 0 'The Shape of Water' scoops best picture at the Oscars

Set against the backdrop of the Cold War, the genre-defying film is a love story between a mute janitor at a top-secret U.S. government research facility and a odd amphibious creature being held captive there. Do you have a favorite film from the past year? It also won best original score and production design . Meanwhile (ugh), the best films of a year ago - " The Florida Project " and " Lady Bird " - went home without a single win.

Author: 0 The American Midstream Partners (AMID) Rating Lowered to Strong Sell at ValuEngine

Janney Capital Management Llc who had been investing in Home Depot Inc for a number of months, seems to be bullish on the $212.23B market cap company. The pipeline company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.02. National Bank & Trust Of America De reported 20,000 shares.

Economy Porsche could build flying taxis, says sales chief
Author: 0 Porsche could build flying taxis, says sales chief

Porsche certainly wouldn't be alone in developing a flying auto, there are several companies working on such vehicles, as farfetched as they sound. Companies, including Ehang , Airbus , Boeing, Uber, are now working on unmanned aerial solutions to transportation.

Economy Washington becomes 1st state to approve net-neutrality rules
Author: 0 Washington becomes 1st state to approve net-neutrality rules

In repealing the net neutrality rules, the FCC included a provision in its order forbidding states from filling the void with their own rules. Gov. Legal experts told Business Insider litigation from lawsuits like this will probably take over a year - so even if a judge does decide against the FCC here, the United States will be without net neutrality in the meanwhile.

Economy Sensex pares gains, Nifty below 10400, metal stocks hold gains
Author: 0 Sensex pares gains, Nifty below 10400, metal stocks hold gains

Benchmark stock indices took off on a firm note on Tuesday after US President Donald Trump faced growing pressure to pull back from his proposed trade tariffs. The Standard & Poor's 500 index finished up 1.1 percent at 2,720.94. Sixteen of the 19 sectoral indexes compiled by BSE Ltd. declined, led by a gauge of metal companies which tumbled to a more than two-month low.

Economy United Airlines wanted to scrap employee bonuses and do a lottery instead
Author: 0 United Airlines wanted to scrap employee bonuses and do a lottery instead

He called the lottery the core4 Score Rewards program. Under the new system, eligible employees are entered into a drawing to win one of six prizes if the company hits at least one of three internal goals during a calendar quarter. "This is scratching a lottery ticket", another pilot reportedly wrote . The core4 program was first rolled out by Kirby in in January, as an employee incentive to help build up the airline's new, more "caring" image.

Economy Graco Recalls Highchairs Sold at Walmart Due to Fall Hazard
Author: 0 Graco Recalls Highchairs Sold at Walmart Due to Fall Hazard

Both numbers are located either on the underside of the highchair seat or on the underside of the booster seat, Graco said. The number is also located on the back of the booster seat Graco and Table2Table highchair are also printed on the label beneath the toddler seat.

Author: 0 China Ready for War With 10% Boost in Military Spending for 2018

Other independent estimates, such as the Stockholm International Peace Research Institute , put that figure at 1.9 percent in 2016. However, its figure is still far lower than President Donald Trump's US proposal, which would provide the Pentagon with $617 billion and an additional $69 billion for ongoing wars in fiscal year 2019-a $74 billion increase over the previous fiscal year's budget.

Economy Walmart Will Soon Bring Meal Kits to Thousands of Stores
Author: 0 Walmart Will Soon Bring Meal Kits to Thousands of Stores

The Instacart deal and Walmart's meal kit business places it in closer competition with Amazon , which has also started offering meal kits to its customers. Blue Apron laid off hundreds of workers past year and its share price has plunged 74%. Meals offered as of now are separated into three categories: pre-portioned meal kits, rotisserie chicken meals and one-step meals, the release states.

Economy Netflix's wild documentary 'Icarus' exposes Russian doping scandal
Author: 0 Netflix's wild documentary 'Icarus' exposes Russian doping scandal

Icarus , a film produced by Impact Partners whose executive director is Dan Cogan, won an Oscar for best documentary. Netflix was also nominated in the Best Documentary category for Strong Island , a film that explored the death of director Yance Ford's brother, and the broken judicial system that allowed his killer to be freed.

Economy $2 Million Worth of PCs Stolen for Bitcoin Mining
Author: 0 $2 Million Worth of PCs Stolen for Bitcoin Mining

With the growing popularity of cryptocurrencies, there have been increasing reports about the growing online theft and funds being stolen from the wallets of the crypto account holders. If all the stolen hardware devices are used for its original objective of mining Bitcoin or other cryptocurrencies, the thieves are expected to have an easy walk-away thereby making huge profits in an untraceable currency without even selling the items.

Economy Overnight Weather Forecast Friday, March 2nd, 2018
Author: 0 Overnight Weather Forecast Friday, March 2nd, 2018

The extra cloud cover and rain chances return on Tuesday and it is seasonable in the low 50s. You can see the model output around 6:30 A.M. Tuesday shows a large area of rain in southeast Louisiana and southern Mississippi. The average last freeze in Huntsville is April 1st, but the latest last freeze on record occurred on May 7th in 1944! The next disturbance looks to move through this weekend (sorry) and bring some rain and thunderstorms, especially on Saturday .

Economy Theresa May to Announce Initiatives for Tackling Housing Crisis
Author: 0 Theresa May to Announce Initiatives for Tackling Housing Crisis

In a speech in London later, Theresa May will warn developers that if they have been too slow to build houses in the past, this may count against them when applying for further planning permissions. She urged house builders to " step up and do their bit ", but there was little sign of where the pressure would come from if they did not. But Mrs May will insist that "tearing up" the Green Belt is not the answer to the UK's housing crisis and that existing protections will be maintained ...