Economy

Economy YouTube to fight hoaxes with information cues
Author: 0 YouTube to fight hoaxes with information cues

The move comes weeks after YouTube was criticized for letting a conspiracy theory video about last month's mass shooting in Parkland, Florida take the top spot in its "Trending" section . YouTube intends to present an alternative viewpoint to videos questioning science or describing conspiracies about events such as the U.S. moon landing.

Economy India's central bank scraps guarantee system in wake of bank fraud
Author: 0 India's central bank scraps guarantee system in wake of bank fraud

Both Modi and Choksi have denied wrongdoing, and so have two key accused PNB employees in the case that has been dubbed as India's largest ever bank fraud. "A LoU does not have these details and when it is not linked to the banking system it can not be traced, like it happened with PNB". The PNB, the country's second-biggest state-run lender, filed a supplementary complaint to the Central Bureau of Investigation (CBI) on March 4 against Gitanjali Gems Ltd, Gill India Ltd, Nakshatra Brand ...

Economy Major markets to remain shut today to protest against sealing drive
Author: 0 Major markets to remain shut today to protest against sealing drive

Tiwari said. He said that another meeting would be called on the issue of sealing if the BJP is willing to attend it. Protesting against the ongoing sealing drive in the national capital on the directive of a Supreme Court appointed committee, traders in Delhi have called for a "trade bandh" on Tuesday, 13 March.

Economy Amazon recalls 260000 chargers due to overheating risk
Author: 0 Amazon recalls 260000 chargers due to overheating risk

If you have any of the following power banks by Amazon Basics , you should head to the link at the end of this post to check its product ID number against the ones listed on the site. The recall involves 260,000 power banks sold by Amazon.com, Amazon bookstores and Amazon pop-up stores nationwide between December 2014 and July 2017.

Economy $4000 3D Printed Homes for Those Who Lack Shelter
Author: 0 $4000 3D Printed Homes for Those Who Lack Shelter

The first permitted, 3D-printed home created specifically for the developing world was unveiled today in Austin, Texas by New Story , the non-profit working to create a world where no human being lives in survival mode, and ICON , the newly launched construction technologies company leading the way into the future of homebuilding by using 3D printing to make major advancements in affordability, building performance, sustainability and customizability.

Economy SBI cuts charges for non-maintenance of minimum balance from April 1
Author: 0 SBI cuts charges for non-maintenance of minimum balance from April 1

Over the following eight months, the bank netted almost Rs 1,772 crore - 12 percent more than its profits for the second quarter of the current fiscal - from customers for non-maintenance of MAB. On the reduction of these charges, PK Gupta, MD - Retail and Digital Banking, SBI said, "We have reduced these charges taking into account the feedbacks and sentiments of our customers".

Economy TCS tumbles on buzz Tata Sons to trim stake
Author: 0 TCS tumbles on buzz Tata Sons to trim stake

Tata Sons was offering 28.27 million shares of Asia's largest software developer, or about a 1.48 per cent stake, after the market closed on Monday, according to terms for the deal obtained by Bloomberg . Tata Sons will use the proceeds to pay creditors of its wireless division, a person with knowledge of the matter said Monday. Tata Sons is reportedly planning to use the proceeds to pay debts of units Tata Teleservices and Tata Teleservices Maharashtra.

Economy Dick's Sporting Goods (DKS) Is Losing Ground After Q4 Sales Disappoint
Author: 0 Dick's Sporting Goods (DKS) Is Losing Ground After Q4 Sales Disappoint

About 5.07 million shares traded. Investors sentiment decreased to 0.8 in Q3 2017. Its up 0.67, from 0.83 in 2017Q2. It turned negative, as 83 investors sold DKS shares while 103 reduced holdings. The company's diluted EPS for trailing twelve months was 2.71. Dicks Sporting Goods has a 12 month low of $23.88 and a 12 month high of $52.31. UBS maintained it with "Buy" rating and $51 target in Wednesday, March 9 report.

Economy Price of crude oil climbs in global market
Author: 0 Price of crude oil climbs in global market

But U.S. crude fell as much as 2.21 percent on Monday, to $60.67 per barrel, before bouncing back to $61.35, down 1.11 percent. Crude prices had risen on Friday and earlier on Monday after the USA economy added the biggest number of jobs in more than 1-1/2 years in February.

Economy Liberum Covers TP Icap Plc (LON:TCAP); Adtran (ADTN) Has 1.1 Sentiment
Author: 0 Liberum Covers TP Icap Plc (LON:TCAP); Adtran (ADTN) Has 1.1 Sentiment

Focused Wealth Management owns 7 shares. Carlson Capital Management invested in 0.53% or 33,062 shares. Guggenheim Ltd Co accumulated 0.16% or 444,064 shares. Finally, Morgan Stanley lifted their price target on shares of Spectris from GBX 2,870 ($39.65) to GBX 2,890 ($39.93) and gave the stock an overweight rating in a research note on Tuesday, February 20th.

Economy Spring Statement: Chancellor unveils consultation on plastic tax
Author: 0 Spring Statement: Chancellor unveils consultation on plastic tax

The UK's economic growth forecasts have been revised up from 1.4% to 1.5% in 2018, Chancellor Philip Hammond announced in the first ever Spring Statement today. The Chancellor talked up "substantial progress" on the Brexit talks so far and said he looks forward to "another important step forward next week at the European Council", when negotiating teams meet.

Economy OECD Lifts Global Growth Outlook Despite Trade War Concerns
Author: 0 OECD Lifts Global Growth Outlook Despite Trade War Concerns

Upgrading its forecasts, the Paris-based group in part cited USA tax cuts for the better numbers. "We think the stronger economy is here to stay for the next couple of years", acting OECD chief economist Alvaro Pereira told Reuters . The OECD, which groups 35 developed economies, called on the world's major nations to avoid a dispute that could impede trade, demand, competition and, ultimately, the health of the global economy.

Economy Teen Waitress Gets College Scholarship After Act Of Kindness Goes Viral
Author: 0 Teen Waitress Gets College Scholarship After Act Of Kindness Goes Viral

A customer, Laura Wolf at the Waffle House witnessed the whole random act of kindness and wrote on Facebook , "Without hesitation, she took his plate and began cutting up his ham". A 18-year-old USA girl gained unexpected appreciation and a surprise after she gave "extra help" to an elderly man in the restaurant she was working.

Author: 0 Oil price rises towards $70 on reduced USA drilling activity

US West Texas Intermediate (WTI) crude futures were at $62.22 a barrel up 18 cents, or 0.3 per cent while Brent crude futures were at $65.70 per barrel, up 21 cents, or 0.3 per cent, from their previous close. Crude oil prices could weaken if the dollar rallies and stocks weaken. At stake is OPEC's production limits, which are among factors helping the oil market's monthslong recovery.

Economy Coutinho wants Neymar to re-join Barcelona
Author: 0 Coutinho wants Neymar to re-join Barcelona

Midfielder Ivan Rakitic says that he would be happy to see Neymar make a return to Barcelona at some stage in the future. Whilst talking about Arthur, Coutinho said: "He has excellent qualities, I played with him once in the national team and I was pleasantly surprised".

Economy Serena sets up showdown with sister
Author: 0 Serena sets up showdown with sister

Serena Williams has won at Indian Wells twice before (Picture: Getty Images)Why did the Williams sisters boycott Indian Wells ? In the past, Indian Wells - which is tennis' biggest tournament outside the majors - has had special significance for the sisters following an incident in 2001, when Venus and dad Richard were booed by spectators as they went to their seats for the Indian Wells final.

Economy Tesla (NASDAQ:TSLA) Getting Somewhat Critical Media Coverage, Report Shows
Author: 0 Tesla (NASDAQ:TSLA) Getting Somewhat Critical Media Coverage, Report Shows

The shares were sold at an average price of $340.67, for a total transaction of $476,938.00. ServiceMaster Global Holdings, Inc. (NASDAQ:ULTI) has risen 10.74% since March 12, 2017 and is uptrending. The rating was maintained by Dougherty & Company with "Buy" on Thursday, February 23. The firm has "Hold" rating by TheStreet given on Monday, August 3.

Economy Air Canada's IT glitch fixed but delays still possible
Author: 0 Air Canada's IT glitch fixed but delays still possible

A number of Canadian airports are also reporting congestion at local terminals. Officials say they have implemented temporary measures to "maintain a limited operation" while the airline's IT department works to identify the issue and restore service.

Economy Government insists no trade-off for tariff deal with US
Author: 0 Government insists no trade-off for tariff deal with US

Australian Chamber of Commerce and Industry chief executive James Pearson said Australia must now use its diplomatic skills to help to avert a global trade war that no one will win. The visit had been planned for weeks as a follow-up discussion on over capacity, seen by observers as a swipe at China. Trade tensions between China and United States have risen since Trump took office.

Economy India's February core consumer inflation around 5.04-5.16 percent
Author: 0 India's February core consumer inflation around 5.04-5.16 percent

Major indicators of CPI eased down in the February 2018 month, with food & beverages at 3.38%, pan, tobacco & intoxicants at 7.34%, clothing & footwear at 5%, housing at 8.28%, fuel & light at 6.68% and miscellaneous at 3.85%. In terms of actual outcomes, headline inflation averaged 4.6% in Q3, driven primarily by an unusual pick-up in food prices in November. The data come soon after the second advance estimate of GDP, which revised upwards the growth prospects for the fiscal to 6.6 per ...

Economy Dropbox thinks it's worth as much as $8 billion in IPO
Author: 0 Dropbox thinks it's worth as much as $8 billion in IPO

The company was previously valued at $10 billion , following a 2014 funding round. Including restricted stock units, that range is $6.7 billion to $7.6 billion. The San Francisco-based company has touted its business as a path to unleashing creative energy and inspired work. Meanwhile, Dropbox said it now has 11 million paying users, which is far less than the 500 million registered users who access its services for free.

Economy Harvey Schwartz to depart Goldman Sachs
Author: 0 Harvey Schwartz to depart Goldman Sachs

The Wall Street Journal had reported yesterday that Blankfein is gearing up to stand down from the helm "as soon as the end of the year " after more than 12 years steering the firm. Before his current role, he co-headed the investment banking division and served as the global head of the financing group. It follows a typical succession plan pattern at the Wall Street bank, which tends to name two or three people into co-head roles until one of them proves to be the right choice for further ...

Economy Sensex soars 600 points on global cues, macroeconomic data
Author: 0 Sensex soars 600 points on global cues, macroeconomic data

However, later it gave up some of the gains but still ended up by 610.55 points, or 1.83 per cent, at one-week high of 33,917.94. This is the biggest single-day gain since March 2016. Dealers said dollar's weakness against a basket of currencies despite strong United States jobs report data and early gains in domestic equity markets supported the rupee.

Economy Plane crashes at Nepal's Kathmandu airport
Author: 0 Plane crashes at Nepal's Kathmandu airport

Passengers were being evacuated from the plane and fire fighters at the spot were trying to extinguish the fire. A Bangladesh airline passenger aircraft crashed while descending at Nepal's Kathmandu airport on Monday, an airport official said.

Economy Melrose increases offer for GKN
Author: 0 Melrose increases offer for GKN

Shares in GKN rose around 2 per cent in early trading after Melrose announced that it has increased its hostile bid for the United Kingdom engineering giant to £8.1bn, and also told GKN shareholders that this will be its "final offer".

Economy Maxine Waters Complains About Trump's Name-Calling, Labels Him 'Con Man Don'
Author: 0 Maxine Waters Complains About Trump's Name-Calling, Labels Him 'Con Man Don'

She's a low I.Q. individual. "He's an expert at name-calling", she said . "We have to defeat Nancy Pelosi and Maxine Waters , a very low I.Q. individual", Trump said, eliciting boos from the crowd. Perhaps Waters expected Trump's remarks - and Treasury Secretary Steven Mnuchin's excusing them - because of his history of challenging black women who have criticized him.

Economy American Idol's premiere is familiar and icky, but new judges offer hope
Author: 0 American Idol's premiere is familiar and icky, but new judges offer hope

American Idol premieres tonight and you might see someone you know auditioning, hoping to get that golden ticket to Hollywood. Another Idol contestant has a backstory that features a cameo from Robin Roberts. I remind myself and I'm reminded and I'm inspired by all of their stories. "We really encourage them". Leading that charge is a new judging panel that, at least in the first two hours, is less interested in critique than it is in a rapid education.

Economy Elon Musk Says SpaceX Will Launch Rocket To Mars In 2019
Author: 0 Elon Musk Says SpaceX Will Launch Rocket To Mars In 2019

Over the weekend, SpaceX published a new video which contains some never before seen footage of the launch and the prep-work that went into making it a reality. "But life can not just be about solving one miserable thing after another", he added. The Westworld co-creator clarified that the video was not a trailer for a forthcoming movie or TV show, but simply "we're hoping this is the trailer for one part of the next chapter of the human story".

Economy Commerce minister: China doesn't want trade war with US
Author: 0 Commerce minister: China doesn't want trade war with US

Although the USA does not import a large quantity of steel from China, the Asian country's unprecedented industry expansion in the past decade has added to global surpluses of steel, thus driving down metal prices. South Korea, Japan, China and India accounted for 6.6 million tones of steel imports. Trade tensions between China and United States have risen since Trump took office.

Economy Maher: Stormy Daniels Could Be What Brings Trump Down
Author: 0 Maher: Stormy Daniels Could Be What Brings Trump Down

She also admitted to "capitalizing" on her fame. She said the ongoing saga has boosted her visibility and immediate career prospects. "I used to dance once a month and now I'm dancing three or four times a month that's been really great".

Economy GST Council fails to decide on easing of returns filing
Author: 0 GST Council fails to decide on easing of returns filing

Furthermore, Finance Minister Arun Jaitley said the e-way bill system for interstate transportation of goods would be implemented from April 1, following which the states will be categorised into four lots for the implementation of the provision.

Economy New industrial policy in next few weeks: Suresh Prabhu
Author: 0 New industrial policy in next few weeks: Suresh Prabhu

The appointment was finalised by President Ram Nath Kovind on Saturday, based upon the recommendation sent by Prime Minister Narendra Modi . Union Minister of Commerce & Industries Suresh Prabhu has been allotted Civil Aviation as an additional portfolio following the resignation of Ashok Gajapathy Raju from the Union Cabinet.

Economy Bangladesh amazingly chased 214 runs in T20I
Author: 0 Bangladesh amazingly chased 214 runs in T20I

Mushfiqur Rahim could not control his emotions after hitting the winning runs against Sri Lanka . Bangladesh was given a rousing start by openers Tamim Iqbal and Liton Das, who posted 74 runs in six overs of the power play. However, Sri Lanka is hoping to win this match. Sri Lanka employed seven bowlers, just as their opposing camp, but nothing prevented the tigers from snatching a well-deserved victory.