Economy

Economy Starbucks is at it again - and this time it's peachy
Author: 0 Starbucks is at it again - and this time it's peachy

New York-based Etrade Capital Management Ltd Liability Co has invested 0.06% in Starbucks Corporation (NASDAQ: SBUX ). Janus Henderson Group PLC raised its stake in shares of Starbucks by 3,076.5% during the second quarter. The business also recently announced a quarterly dividend, which was paid on Friday, February 23rd. The ex-dividend date was Wednesday, February 7th.

Economy Firefighters remain at scene of Glasgow nightclub blaze
Author: 0 Firefighters remain at scene of Glasgow nightclub blaze

The club manager of Victoria's Nightclub has said she is "devastated" after the Sauchiehall Street fire. Assistant Chief Officer Lewis Ramsay described the nightclub fire as a "blowtorch" and that "they were beaten back by the heat and the flames and a really rapid spread".

Economy NT, Qld prepare to be hit by a second cyclone
Author: 0 NT, Qld prepare to be hit by a second cyclone

The Bureau of Meteorology now has the cyclone listed as a Category Two storm, however conditions lend themselves to the storm intensifying to Category Three. "There is definitely potential of falls of up to half-a-metre because it's moving so slowly with the heaviest falls on late Sunday, Monday and Tuesday, especially in the Kurumba, Normanton even Burketown area, and Mornington Island is also at risk there too".

Economy Qantas lands first direct flight from Australia to London
Author: 0 Qantas lands first direct flight from Australia to London

Speaking after his arrival at Heathrow, Joyce said: "Qantas has been preparing for this historical, record-breaking, new route for nearly a century since we were founded in 1921". An analysis of flight times and prices highlights the challenges Qantas faces. Qantas 9 (QF9) touched down at Terminal Three at 5.02am, just over 17 hours after setting off from Perth at 7pm local time yesterday.

Economy One of the world's biggest crypto exchanges is facing regulatory trouble
Author: 0 One of the world's biggest crypto exchanges is facing regulatory trouble

The regulator said Binance likely allowed Japanese residents to open accounts without confirming their identities, adding that the exchange would face criminal charges if it continued to do business without a licence. Zhao said he was also continuing discussions with authorities in Hong Kong , but that the outcome of those talks was uncertain. The planned move to Malta comes at a time when the country's policy makers are ramping up efforts for it to become a leader among the digital assets ...

Economy Comprehensive Stock Analysis Of The Coca-Cola Company (KO)
Author: 0 Comprehensive Stock Analysis Of The Coca-Cola Company (KO)

The stock increased 0.29% or $0.13 during the last trading session, reaching $44.66. About 6.73M shares traded or 13.32% up from the average. Coca Cola Co now has $190.45 billion valuation. The Relative Volume of the company is 0.88 and Average Volume (3 months) is 12.63 million. Waller Kathy N had sold 23,240 shares worth $1.07M on Tuesday, January 16.

Economy Steve Wynn has started selling his shares in Wynn Resorts
Author: 0 Steve Wynn has started selling his shares in Wynn Resorts

The stock has "Sector Perform" rating by RBC Capital Markets on Monday, November 21. The institutional investor held 231,437 shares of the consumer services company at the end of 2017Q3, valued at $34.47 million, up from 228,967 at the end of the previous reported quarter.

Economy Calls for Mark Zuckerberg to testify before Congress are getting louder
Author: 0 Calls for Mark Zuckerberg to testify before Congress are getting louder

However, this is a completely false post and this will not help users to keep their Facebook account safe. Chris Cox, Facebook's chief product officer, said the situation was "extraordinarily serious" for the company . Facebook has since restricted what types of data apps could access, notably in 2014, but as the Cambridge Analytica debacle shows, loopholes remained.

Economy Oil Edges Up on Hopes for OPEC Cut Extension
Author: 0 Oil Edges Up on Hopes for OPEC Cut Extension

Brent crude futures were at $69.51 per barrel, up 60 cents, or 0.9 per cent. For the week, Brent was up about 6.4 per cent, its strongest weekly rise since July. "We will hopefully by year-end identify the mechanism by which we will work in 2019". OPEC officials have also said producers could look at a longer period than five years for developed-country oil stocks averages as a reference point.

Economy Judge orders special elections to fill vacancies
Author: 0 Judge orders special elections to fill vacancies

She said failing to hold special elections infringed on the voting rights of people who lived in the two districts. That argument relied on a legally and practically outrageous attempt to reinterpret Wisconsin statutes , which clearly state that "Any vacancy in the office of state senator or representative to the assembly occurring before the 2nd Tuesday in May in the year in which a regular election is held to fill that seat shall be filled as promptly as possible by special election".

Economy Boeing (BA) Given Coverage Optimism Score of
Author: 0 Boeing (BA) Given Coverage Optimism Score of

The institutional investor held 672 shares of the aerospace company at the end of 2017Q3, valued at $171,000, down from 21,770 at the end of the previous reported quarter. Investors sentiment decreased to 0.81 in Q3 2017. Its up 0.07, from 0.85 in 2017Q2. Several large investors have recently modified their holdings of BA.

Economy UK Labour Fires Spokesman After Second Brexit Referendum Call
Author: 0 UK Labour Fires Spokesman After Second Brexit Referendum Call

Smith's sacking is likely to inflame tensions in the party over Brexit . Demanding a second referendum was the most distinctive policy position on which Mr Smith fought his leadership bid. "Corbyn now enjoys a hegemonic position in the Labour Party and Smith's standing is none too strong", he wrote. Some MPs in the centre and on the right of the party were also concerned recently at Corbyn's qualified criticism of Moscow over the Salisbury nerve gas attacks , while there is mounting ...

Economy Nike (NYSE:NKE) Holdings Lifted by IBM Retirement Fund
Author: 0 Nike (NYSE:NKE) Holdings Lifted by IBM Retirement Fund

About 12.31M shares traded or 61.23% up from the average. Nike (NYSE: NKE ) last released its quarterly earnings data on Thursday, December 21st. It has underperformed by 25.94% the S&P500. Nike Inc (NKE)'s Williams %R presently stands at -68.24. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating and twenty-three have issued a buy rating to the stock.

Economy Facebook not facing the music for breaching users' trust
Author: 0 Facebook not facing the music for breaching users' trust

Two United States senators are calling for Facebook founder and CEO Mark Zuckerberg to testify in front of Congress over the recent controversy the social media company has faced over its handling of user data. On Thursday, Zuckerberg said that he was sorry about the Cambridge Analytica scandal affecting "tens of millions" and that he would be "willing to testify before the US Congress".

Economy Amazon.com, Inc. (NASDAQ:AMZN): Honing in on Growth Projections
Author: 0 Amazon.com, Inc. (NASDAQ:AMZN): Honing in on Growth Projections

Checchi Capital Advisers Llc who had been investing in Amazon Com Inc for a number of months, seems to be less bullish one the $765.79 billion market cap company. After going under observation of traders 4.75 million shares traded at hands. Investors sentiment decreased to 1.26 in 2017 Q3. Its down 0.11, from 1.64 in 2017Q2.

Author: 0 Cambridge Analytica London offices raided by investigators

It has now been a week since it became known that the British data analytics contractor , which worked with Donald Trump's presidential campaign, retained private data from 50 million Facebook users despite claiming to have deleted it. Emphasising on the Facebook data leak controversy, the Centre has sent a notice to data-mining firm Cambridge Analytica seeking immediate response on whether the company has been engaged in any assignment to utilise data of Indians.

Economy Sex trafficking bill heads to president's desk
Author: 0 Sex trafficking bill heads to president's desk

The bill was introduced by Sen. The bill, awaiting President Donald Trump's signature, was hailed by anti-sex trafficking groups and law enforcement as an important step in fighting online prostitution of teenagers. The National Center for Missing and Exploited Children reported an 846 percent increase in reports of suspected child sex trafficking from 2010 to 2015, a spike that is "directly correlated to the increased use of the internet to see children for sex".

Economy Twitter reacts to Germany and Spain playing out a draw
Author: 0 Twitter reacts to Germany and Spain playing out a draw

The defending champions begin to finetune their World Cup preparations with high-profile home friendlies against Spain , in Duesseldorf, and Brazil, in Berlin next Tuesday. "Both teams had their chances and it could have just as easily finished 2-2 or 3-3 - it was a good test for both of us". "We had a good match, with chances to win it, although they also had chances of their own", Lopetegui told reporters.

Economy Naspers raise R117bn from Tencent share sale
Author: 0 Naspers raise R117bn from Tencent share sale

The sale was priced at HK$405 per share, a discount of 7.8 percent to Tencent´s closing price on Thursday. Hong Kong - Tencent lost more than $26bn of market capitalisation after Asia's most valuable company warned it will sacrifice short-term margins, spending on content and technology in pursuit of growth.

Economy McDonald's Plans to Cut Greenhouse Gas Emissions
Author: 0 McDonald's Plans to Cut Greenhouse Gas Emissions

Bessemer Group Inc.'s holdings in McDonald's were worth $8,265,000 at the end of the most recent reporting period. Comparing the number of shares sold short over time is a method analysts often use to get a reading on investor sentiment. They expect $0.37 EPS, up 15.63% or $0.05 from last year's $0.32 per share. Stockholders of record on Thursday, March 1st were given a dividend of $1.01 per share.

Economy Bank of England, seeking digital boost, sets up its own fintech hub
Author: 0 Bank of England, seeking digital boost, sets up its own fintech hub

Burton Mills - With an agreement reached on a Brexit transition deal , the Bank of England remains on course to hike interest rates in May. The transition deal, which is expected to be confirmed Thursday at a meeting of European Union leaders, has, according to many economists, made it even more likely that rates will be raised in May, alongside the next set of quarterly economic projections from the Bank.

Economy Britain, EU agree terms for post-Brexit ties
Author: 0 Britain, EU agree terms for post-Brexit ties

And Brexit-supporting members of her party, and even some of those who voted to stay in the European Union at a 2016 referendum, are determined that if European Union leaders ask for Britain to give away any more, May must walk away from a bad deal.

Economy As Trade War Fears Slam Stocks, Winners Stand Out
Author: 0 As Trade War Fears Slam Stocks, Winners Stand Out

The decline in rates comes a day after the Federal Reserve raised interest rates and said the USA economy and the job market continued to improve over the last two months. They were down 2.5 and 2.4 percent respectively Thursday. After the Trump administration announced new tariffs, the Chinese government said it will defend itself and investors fear that trade tensions will spike between the world's largest economies.

Economy Air India crew member slaps younger colleague
Author: 0 Air India crew member slaps younger colleague

The Air India flight which made history on Thursday by flying over Saudi Arabia on its way to Israel is set to land at Ben Gurion Airport in Tel Aviv at 21:45 on Thursday evening. It then crossed over Jordan and the occupied West Bank into Israel. Israel and Saudi Arabia have no diplomatic relations, although there have been major signs of warming ties .

Economy Elon Musk deletes Tesla and SpaceX Facebook pages
Author: 0 Elon Musk deletes Tesla and SpaceX Facebook pages

Now, this was the beginning of the end of Facebook pages of Tesla and SpaceX . It appears Musk took a proactive step in deleting the Facebook page of Tesla-owned Solar City even though no one pointed out. A Twitter exchange involving Elon Musk . Today, when reminded of the incident, Musk retorted: "Yeah, my fault for being an idiot. We did give them a free launch to make up for it and I think they had some insurance", Musk said in a tweet to Mashable's Kerry Flynn .

Economy Trump signs omnibus spending bill
Author: 0 Trump signs omnibus spending bill

Bemoaning the more than 2,000-page document laid before Congress on Wednesday as impossible to read before a vote that is planned for Thursday, Paul slammed his conservative allies for going along with the massive spending bill. DACA stands for Deferred Action for Childhood Arrivals , which was started by the previous Obama administration, which allows some individuals, under restrictive conditions, who entered the country as minors.

Economy Self-driving car testing stopped after Uber accident
Author: 0 Self-driving car testing stopped after Uber accident

Police of Arizona has released a short video of the collision and the safety of autonomous vehicles are now in danger. Tempe police said they were "actively investigating the details of this incident ", which has caused Uber to suspend all testing of its self-driving cars .

Economy Shoppers rush to Toys R Us liquidation sale
Author: 0 Shoppers rush to Toys R Us liquidation sale

The company said it is sending notices to customers who have items on layaway. Violating the WARN Act could create vast liability, with the company on the hook for back pay and benefits of workers at locations not properly notified. "You're going to see some of the same toys at Toys R' Us, but we offer specialty toys you've probably never seen", says Stone. Lazarus, who is survived by his wife and two daughters, no longer held stake in the company .

Economy Bumped United passenger walks away with $10000 voucher
Author: 0 Bumped United passenger walks away with $10000 voucher

The United Airlines flight had one too many passengers because of the faulty seat - so they started offering incentives to their customers to not board the plane. Her series of tweets read. A spokesman for United Airlines confirmed Friday that a passenger got the big voucher, but he didn't name the person.

Economy Siri Bug Can Reveal Hidden Notifications On The iPhone
Author: 0 Siri Bug Can Reveal Hidden Notifications On The iPhone

According to Reuters , which was provided copies of Apple's developer agreement, app makers have to get "clear and conspicuous consent" from users before collecting or storing face data, and can only do so for a "legitimate feature" of an app.

Economy United suspends pet cargo flights
Author: 0 United suspends pet cargo flights

The airline also was sued last summer over the death of a giant rabbit on a flight from London to Chicago. "Our pets are our family and we jump through many hoops to get them to Guam", said Amber Fake, spouse of a Navy man stationed on the U.S.

Economy Walmart (WMT) Given a $93.00 Price Target at Oppenheimer
Author: 0 Walmart (WMT) Given a $93.00 Price Target at Oppenheimer

The stock's price to sales ratio for trailing twelve months is 0.51 and price to book ratio for the most recent quarter is 3.44, whereas price to cash per share for the most recent quarter are 36.39. Analysts' mean recommendation for the stock is 2.40 (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).