Economy

Economy Crude oil slides as US-China trade dispute escalates
Author: 0 Crude oil slides as US-China trade dispute escalates

The American Petroleum Institute on Tuesday said USA crude-oil inventories fell by 3.3 million barrels last week, according to news reports. China imposed import tariffs on USA goods this week, in a response to tariffs on Chinese steel and aluminum announced by the Trump administration earlier this year.

Economy C&C in 'advanced discussions' to acquire Matthew Clark Bibendum
Author: 0 C&C in 'advanced discussions' to acquire Matthew Clark Bibendum

Conviviality Direct, which is the division that includes Bibendum and Matthew Clark, is the largest of the firm's three business arms and generated £1.04 billion of the company's £1.56bn net sales in its 2016-2017 financial year, according to Conviviality's 2017 annual report.

Economy Monex offers to take over hacked cryptocurrency exchange Coincheck
Author: 0 Monex offers to take over hacked cryptocurrency exchange Coincheck

The value of the acquisition is not yet known, however despite the hack which saw Coincheck struggle through the start of 2018, the exchange still boasts one of the largest customer bases within the cryptocurrency world , meaning that rumours suggest the acquisition by Monex is costing the company several billion Yen (¥).

Economy Zuckerberg admits 'my mistake' as 87 million could have seen data accessed
Author: 0 Zuckerberg admits 'my mistake' as 87 million could have seen data accessed

Facebook said Wednesday that as many as 87 million people might have had their data accessed - an increase from the 50 million disclosed in published reports . Going into more detail about the road ahead, Egan and Beringer explained that Facebook would address its responsibility to tell its users how it collects and uses its data in language that's "detailed, but also east to understand".

Economy AMC set to open Saudi Arabia's first movie theater, plans 99 more
Author: 0 AMC set to open Saudi Arabia's first movie theater, plans 99 more

AMC average true range may be heating up this temperature with value of 0.72. For example, if a stock has an RVOL of 5, it's trading at five times its normal volume. Based on a recent bid, this stock ( AMC ) was trading at a distance of -52.49% from 52-week high and 41.20% away from its 52-week low price. The stock price moved with change of -24.86% to its 50 Day low point and changed 12.24% comparing to its 50 Day high point.

Economy Dow dives 600 points as investors panic on Chinese tariffs
Author: 0 Dow dives 600 points as investors panic on Chinese tariffs

Amazon and Tesla were among the top drags on Monday, pushing the S&P 500 below its 200-day moving average for the first time since Britain's vote to leave the European Union in June 2016. market. Investors may have also been comforted when Larry Kudlow, head of President Trump's National Economic Council, said the administration was not angling for a trade war .

Economy The Boeing Company (BA)
Author: 0 The Boeing Company (BA)

The stock decreased 1.92% or $2.1 during the last trading session, reaching $107.05. ( NYSE :HCA) shares climbs 1.84% and ultimately finalized to $97.07 in last traded day. Ameritas Invest Inc reported 0.35% of its portfolio in The Boeing Company ( NYSE :BA). The day's move was partially a reaction to Monday's selloff, when the S&P and the Nasdaq shed more than 2% and the S&P closed below its 200-day moving average for the first time since the United Kingdom's vote for Brexit in June 2016.

Economy Delay possible in offshore wind timeline
Author: 0 Delay possible in offshore wind timeline

After dropping one bidder in favor of another to stay on schedule with a major hydropower procurement, it appears a separate procurement, for offshore wind energy, may be delayed. The new steel manufacturing facility is not just a short-term pop-up store, but a long-term commitment and will result in lasting jobs for MA workers, providing employment for welders, blaster painters, steel fabricators, and other associated trades.

Economy Five small SUVs earn good ratings in new IIHS crash test
Author: 0 Five small SUVs earn good ratings in new IIHS crash test

The side curtain airbags in the Ford and the Mitsubishi did not deploy during the crash tests, a factor that likely contributed to these vehicles' poor performance. In the Escape, the dummy's head contacted the front airbag but then rolled around the right side. Automakers have made great strides in protecting you during vehicle crashes, but where you sit can still make all the difference according to an industry safety group.

Economy Facebook CEO Zuckerberg to testify before congress
Author: 0 Facebook CEO Zuckerberg to testify before congress

U.S. lawmakers have asked Facebook's CEO to testify before at least three Congressional committees. Their call represented the first official request from a congressional oversight committee for Mr Zuckerberg's appearance as legislators demanded that Facebook explain reports that Cambridge Analytica harvested the data of more than 50 million Facebook users.

Economy China trade war concerns pull Sensex, Nifty down over 1%
Author: 0 China trade war concerns pull Sensex, Nifty down over 1%

The US Dow Jones Industrial Average ended 1.65 per cent higher in yesterday's trade. Sensex today: There appears no end to global trade war fears that were ignited once again as China hit back at Trump administration's plan to slap tariffs on $50 billion in Chinese goods.

Economy MasterChef UK says judge did not suggest chicken rendang should be crispy
Author: 0 MasterChef UK says judge did not suggest chicken rendang should be crispy

In Malaysian cyberspace, a Facebook page "Justice for Chicken Rendang " was set up collecting signatures for a petition demanding an apology from chefs Wallace and Torode. Predictably, Twitter was abuzz as Malaysians were up in arms saying that rendang was not supposed to be crispy. Former prime minister Tun Dr Mahathir Mohamad tweeted "Maybe you are referring to the fried chicken fast food joint", Dr Mahathir tweeted referring to the fried chicken fast food joint.

Economy U.S. stocks trade higher after sharp declines
Author: 0 U.S. stocks trade higher after sharp declines

Among other recent winners, Intel dove 6.1 percent following a report in Bloomberg News that Apple plans to start using its own chips in Mac computers. Viacom Inc fell 4.2 per cent after Reuters reported CBS Corp planned to make an all-stock offer that valued the media company below its current market valuation .

Economy Amazon may offer to buy India's Flipkart
Author: 0 Amazon may offer to buy India's Flipkart

If the Walmart-Flipkart deal goes through, it would add much-needed muscles to the Indian e-commerce giant to take on Flipkart which controls almost 40 per cent of India's online retail , leaving behind Amazon . No one can deny the fact that Flipkart is one of the most lucrative assets in the global internet economy, backed by several investors due to its rapid growth.

Economy Spotify Goes Public With An Estimated $30 Billion Market Value
Author: 0 Spotify Goes Public With An Estimated $30 Billion Market Value

The direct listing is an interesting alternative for companies that do not need the market to raise capital, but want to keep the opportunities for increasing liquidity. Amazon Music Unlimited has an estimated 16 million paying subscribers and Pandora has 5.48 million total subscribers. The NYSE had set a reference price of $132 for the stock, though the actual price will be determined by shareholders.

Economy Trump again goes after a favourite target - Amazon
Author: 0 Trump again goes after a favourite target - Amazon

Trump criticized Amazon for not paying their fair share in taxes on Thursday, the latest development in a feud that has lived on Twitter since 2016. The Trump administration has urged the U.S. supreme court to let state and local governments collect billions of dollars in sales taxes from online retailers.

Economy WPP confirms investigation into allegations against Sir Martin Sorrell
Author: 0 WPP confirms investigation into allegations against Sir Martin Sorrell

WPP announced in a statement this morning that it had appointed independent counsel to conduct an investigation in response to an allegation of personal misconduct against its chief executive Sir Martin Sorrell . The Wall Street Journal earlier reported the existence of a probe. I reject the allegation unreservedly but recognize that the company has to investigate it.

Economy Wall Street edges higher as tech stocks bounce back
Author: 0 Wall Street edges higher as tech stocks bounce back

The S&P 500 index gave up 58.99 points, or 2.2 percent, to 2,581.88. "Today it's the tech and tariff trade that has the market rattled", said Nick Raich, CEO of The Earnings Scout. Health insurer Humana was one of the market's few winners following more reports Walmart could buy the company or create a new partnership with it.

Economy CBS to propose merger deal that undervalues Viacom
Author: 0 CBS to propose merger deal that undervalues Viacom

The stock of Texas Instruments Incorporated (NASDAQ:TXN) has "Buy" rating given on Thursday, October 22 by UBS. Wells Fargo & Co. restated a "market perform" rating on shares of Viacom in a research report on Wednesday, November 2nd. A "melt-up" that sent the MSCI's "all-country" world share index up more than 7 percent in January suddenly melted away as tensions over global trade escalated, turmoil deepened in the White House and market-leading technology firms wobbled on fears of ...

Economy Allegri expects Dybala to deliver against Real Madrid
Author: 0 Allegri expects Dybala to deliver against Real Madrid

With Cristiano Ronaldo scoring goals nearly at will and their midfield and defense finding a form that they've lacked all season during their current run of 10 wins in 11 matches, Real Madrid are a team to be reckoned with right now. "Actually, I need to say that Cristiano has also missed some chances this evening, at least two, but that's football" said perfectionist Zidane , who played for both clubs.

Economy Harbour Energy Swoops On Santos
Author: 0 Harbour Energy Swoops On Santos

Image: Santos headquarters in Adelaide, Australia. The offer values Santos at US$4.98 per share, or A$6.50, per share, a 28 percent premium to the company's last closing share price of A$5.07. Harbour's a joint venture led by resources investment house EIG Global Partners. Harbour's initial proposal of $4.55 per share put forth in August a year ago was rejected by the board on the grounds that the bid was inadequate and the sources of funds were uncertain.

Economy Girls soccer: Offense controls tempo as Barbs defeat Huskies
Author: 0 Girls soccer: Offense controls tempo as Barbs defeat Huskies

If something got through, she would get it out of the way for us. "We're hoping to have a good week this week". "We have a lot of potential but a long way to go". They've been to the playoffs four year in a row. Coach Drinkard said there are plenty of underclassmen waiting in the wings to lend a hand to the Warriors if need be.

Economy The William Blair Reaffirms
Author: 0 The William Blair Reaffirms "Buy" Rating for Microsoft (MSFT)

About 443,585 shares traded. (NYSE:CPS) to report earnings on May, 1. It has underperformed by 37.57% the S&P500. Investors sentiment increased to 1 in 2017 Q3. The rating was maintained by Morgan Stanley with "Buy" on Monday, June 19. The stock of Microsoft Corporation (NASDAQ:MSFT) has "Hold" rating given on Friday, July 21 by M Partners.

Economy Wall Street Analyst's Guidance: General Motors Company (GM), Visa Inc
Author: 0 Wall Street Analyst's Guidance: General Motors Company (GM), Visa Inc

Millennium Management LLC now owns 6,810,691 shares of the auto manufacturer's stock worth $279,170,000 after purchasing an additional 2,986,293 shares in the last quarter. Over the trailing year, the stock is underperforming the S&P 500 by 10.44, and it's gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange.

Economy Bed Bath & Beyond will take old Toys 'R' Us gift cards
Author: 0 Bed Bath & Beyond will take old Toys 'R' Us gift cards

BBBY's profit would be $200.79M giving it 3.72 P/E if the $1.41 EPS is correct. About 3.21 million shares traded. About 3.21M shares traded. That's where Bed Bath & Beyond comes in. Perigon Wealth Mngmt Ltd Liability Corp owns 76 shares for 0% of their portfolio. Now it has a market worth of $2846.76M. On Wednesday, March 28 the insider Al Mogharbel Khaled bought $192,900.

Economy NASA Awards Contract to Build Quieter Supersonic Aircraft
Author: 0 NASA Awards Contract to Build Quieter Supersonic Aircraft

It will fly at a cruising altitude of about 55,000 feet (17,000 meters) and reach a speed of 1.4 times the speed of sound (about 1,000 miles per hour, or 1,600 km/h). Aerion Corp, a business jet start-up backed by Texas billionaire Robert Bass, is already working on a design that would fly overland just under the speed of sound and then speed up to Mach 1.4 over the ocean.

Economy Massachusetts Attorney General Files Lawsuit on Addition of Citizenship Question to Census
Author: 0 Massachusetts Attorney General Files Lawsuit on Addition of Citizenship Question to Census

Demanding citizenship information is expected to depress census participation among immigrants, causing a population undercount that would disproportionately harm states and cities with large immigrant communities, Durkan said. These concerns are amplified by President Donald Trump's anti-immigrant rhetoric and pattern of actions that target immigrant communities. Stephen Choi, executive director of the New York Immigration Coalition, said at the New York press conference that almost $700 ...

Economy Panera Revealed Millions of Customers' Information Online
Author: 0 Panera Revealed Millions of Customers' Information Online

The security website says Panerabread.com leaked names, emails, addresses and the last four digits of customers credit card numbers. The information, which also included names, email addresses, and birthdays, could have been breached for at least eight months, according to KrebsOnSecurity .

Economy Trump Vows to Use Military Power to Protect Country's Border With Mexico
Author: 0 Trump Vows to Use Military Power to Protect Country's Border With Mexico

Under President George W. Bush, National Guard forces were used between 2006 and 2008 for things like border-related intelligence analysis but did not have a direct law enforcement role, according to the Pentagon. Constructing a "big, lovely wall" along the Mexican border was a signature campaign promise for Mr Trump, but so far the plan to erect a new physical barrier has been thwarted by lawmakers and appears to have stalled.

Economy ICICI Bank shares tumble, RBI slaps penalty
Author: 0 ICICI Bank shares tumble, RBI slaps penalty

In the NY premarket, ICICI shares were recently sliding 7.6%. Additionally, Supreme Energy Private Limited, a company in which Dhoot reportedly has 99.9% stake, lent a loan of Rs 64 crore to NRPL, in March 2010 and by the end of the month, Supreme Energy went on to become 94.99 % shareholder in NRPL.

Economy Accumulating snow possible on Easter
Author: 0 Accumulating snow possible on Easter

Lincoln remains in a winter weather advisory , with 2-3 inches of snow possible. About 1 to 2 inches of new snow accumulation is expected, mainly before 1 p.m., according to the NWS. However, temperatures will dip back into the 30s and 40s. Thursday night - Mostly cloudy with a low in the mid-20s. Rain begins Tuesday morning, falling steady and heavy throughout the day.

Economy State to issue more medical marijuana permits
Author: 0 State to issue more medical marijuana permits

Caputi, from the University College Cork in Ireland, and colleagues examined the scale and growth trajectory of the online marketplace for marijuana by analyzing aggregate internet searches and the links searchers typically found. People who reported using marijuana in 2001/2002 were three times more likely to have a daily cigarette habit in 2004/2005 than non-cannabis users.