Economy

Economy Trump Demands Review Of Russia Investigation Surveillance Tactics
Author: 0 Trump Demands Review Of Russia Investigation Surveillance Tactics

Sanders said on Tuesday that no Democrats were attending the meeting because they had not asked to attend. Trump tweeted Sunday, "I hereby demand, and will do so officially tomorrow, that the Department of Justice look into whether or not the FBI/DOJ infiltrated or surveilled the Trump Campaign for Political Purposes - and if any such demands or requests were made by people within the Obama Administration!" During a meeting Monday with Trump, Deputy Attorney General Rod Rosenstein ...

Economy Pompeo's Iran Plan Is a Pipe Dream
Author: 0 Pompeo's Iran Plan Is a Pipe Dream

Pompeo on Monday also took aim at one of the more insidious elements of Obama's diplomatic strategy, which was that the countries most effected by the change in US policy toward Iran - Israel and America's Arab allies - were not included in negotiations.

Economy I'm 'a serial winner': Conte awaits Chelsea decision
Author: 0 I'm 'a serial winner': Conte awaits Chelsea decision

Whether Hazard remains a Chelsea player next season could depend on whether "good players" are signed in the offseason, based on the winger's pre-match comments. "But I also think in a hard season like this, I showed I'm a serial victor. Also if my future must be in a different way". The Blues missed out on a Champions League qualification spot after Chelsea FC finished in fifth place in the table.

Economy No Man's Sky is finally set to introduce full multiplayer in July
Author: 0 No Man's Sky is finally set to introduce full multiplayer in July

For more social interactivity, the update also adds a new sharing feature that lets you trim your recent game captures directly from the Guide to enable direct posting to Twitter . No Man's Sky is getting a big update this summer which will launch on July 24th alongside its debut on Xbox One. Race exocraft across weird alien terrains, creating race tracks and trails to share online'.

Economy BMW's Teases Next Move In The EV Segment, The iNEXT Concept
Author: 0 BMW's Teases Next Move In The EV Segment, The iNEXT Concept

At the recent BMW Annual General Meeting, the German automaker revealed a new concept vehicle called the iNEXT. Accompanying chairman Harald Krüger confirmed that any autonomous BMW would still exhibit the values and level of entertainment afforded by today's BMWs.

Economy 85% of new Netlix spending going toward original programming
Author: 0 85% of new Netlix spending going toward original programming

However, it's still unclear exactly how much will go into Netflix Original films. It's no secret that Netflix has said it will spend $8 billion this year to acquire and produce the kinds of content that will entice the average person to pay $10.99 a month to watch not only entire seasons of programs such as "Friends", and all three chapters of "The Godfather" saga, but Netflix originals such as " Stranger Things " and "Altered Carbon".

Economy Walmart beats all around, with e-commerce sales rising
Author: 0 Walmart beats all around, with e-commerce sales rising

Blue Chip Ptnrs, Michigan-based fund reported 12,563 shares. Hanson Mcclain has invested 0.03% in Walmart Inc. Green Square Capital Ltd Llc reported 70,315 shares stake. The positive are 57%. Analysts have placed a $105.4 price target on Walmart Inc., suggesting a 24.7% gain from recent close. Here we'll take a quick glance at how the stock price is now trading in relation to some of its simple moving averages .

Economy Oil hits highest since Nov 2014 as Brent edges closer to $80
Author: 0 Oil hits highest since Nov 2014 as Brent edges closer to $80

The International Energy Agency (IEA) has cautioned that huge consumption decline may trail the surges in oil prices as the commodity advances to $80 a barrel in London for the first time since 2014. In Venezuela , meanwhile, the IEA noted that "the pace of decline of oil production is accelerating and by the end of this year output could have fallen by several hundred thousand barrels a day".

Economy Kroger's automation deal sends Ocado shares up 50%
Author: 0 Kroger's automation deal sends Ocado shares up 50%

Shares in Ocado shot up by more than 50% to a record high in London after the deal was announced Thursday . Ocado' s biggest deal to date, is the latest in a series of tie-ups by the online retailer. With a net short position of one per cent, according to regulatory filings, Marshall Wace booked a paper loss of around £15m within minutes after Ocado shares rose 40 per cent this morning.

Economy Tesla driver issued citation after crash involving 'autopilot' technology
Author: 0 Tesla driver issued citation after crash involving 'autopilot' technology

SAN FRANCISCO - Data from the computer brain of a Tesla Model S that crashed in Utah last week confirms that the $100,000 sedan was in Autopilot mode, police in South Jordan said Wednesday. According to the South Jordan Police Department's summary of its technician's findings, the 28-year-old driver had repeatedly enabled and disabled the Autopilot throughout the course of her drive.

Economy Council Takes First Step to Enforcing Net Neutrality in San Antonio
Author: 0 Council Takes First Step to Enforcing Net Neutrality in San Antonio

The 2015 rules were meant to ensure a free and open internet, give consumers equal access to Web content and bar broadband service providers from favoring their own material or others'. Using the Congressional Review Act , or CRA, senators were able to reverse the decision reached by the government agency. Tech giants such as Google and Facebook have been vocal in their support for the retention of the rules.

Economy Tencent blows past estimates as WeChat, games drive growth
Author: 0 Tencent blows past estimates as WeChat, games drive growth

Profit was up 61% over the same period one year ago. Operating margin rose to 42 percent from 39 percent in the first quarter of a year ago. "Smartphone games revenues alone were up 68 percent year-on-year to 21.7 billion yuan, thanks to titles such as 'Honour of Kings'".

Economy Iran hardliners lay out conditions for deal talks
Author: 0 Iran hardliners lay out conditions for deal talks

The United States threatened on Sunday to impose sanctions on European companies that do business with Iran, as the remaining participants in the Iran nuclear accord stiffened their resolve to keep that agreement operational. It's true that European powers tried to save the JCPOA by proposing a package that addressed Trump's concerns about the agreement. Iran has been moving ahead to build nuclear weapons.

Economy World Health Organization sends first doses of experimental vaccine to tackle Congo Ebola outbreak
Author: 0 World Health Organization sends first doses of experimental vaccine to tackle Congo Ebola outbreak

So far, the 23 deaths believed to have been caused by Democratic Republic of Congo's latest Ebola outbreak had been detected in more isolated areas, giving authorities a better chance of ring-fencing the virus. Moving the motion, Tinubu urged the Federal Government to take precautionary measures to prevent a recurrence of Ebola spread to the country. Congo's government authorized the use of the vaccine last week.

Economy FWD plans joint venture in Shanghai as China relaxes regulation
Author: 0 FWD plans joint venture in Shanghai as China relaxes regulation

Tesla Inc (TSLA.O) has registered a new electric auto firm in Shanghai, as China prepares to scrap rules on capping foreign ownership of new-energy vehicle (NEV) ventures. Tesla also has other wholly-owned companies registered in China, however, these focus on sales as well as research and development. Now, with China promising to loosen its hold on the vehicle market, the biggest gains will be seen by NEV ventures such as Tesla's.

Economy French oil firm Total says it may discontinue project in Iran
Author: 0 French oil firm Total says it may discontinue project in Iran

Treasury gave foreign companies notice last week that they have three to six months to "wind down" their business with Tehran before they face possible penalties for violating U.S. it would halt work at the world's largest gas field and wind down all its activities by November 4. They could not afford to be sanctioned by remaining in Iran.

Economy Ford resuming F-150, Super Duty production on Monday
Author: 0 Ford resuming F-150, Super Duty production on Monday

Ford said Wednesday it will resume production of its popular F-Series pickup trucks after a fire at a parts supplier forced the automaker to bring its assembly lines to a halt. While the situation isn't ideal, Ford is making the best of it and notes parts built in the United Kingdom will be flown to the United States daily until production in Eaton Rapids returns to pre-fire levels.

Economy Sensex, Nifty post strong gains over Karnataka results
Author: 0 Sensex, Nifty post strong gains over Karnataka results

Earlier, a little past noon, the Sensex was trading 0.45 percent lower to 35,384.77 points at 12:15 pm, while the Nifty was trading 0.57 percent lower to 10,740 points, amid uncertainty over government formation in the southern state and sustained foreign fund outflows.

Economy JK Lakshmi Cement Q4 profit jumps 62% to Rs34 crore
Author: 0 JK Lakshmi Cement Q4 profit jumps 62% to Rs34 crore

Consolidated total revenue increased 2.34 per cent to Rs 32,132.30 crore in Q4FY18 over Rs 35,304.89 crore in Q4FY17. The Indian steelmaker on Wednesday reported an exceptional gain of 113.76 billion rupees in the quarter to the end of March, which included a non-cash gain of 140.77 billion rupees relating to the restructuring of its British pension scheme.

Economy Coinbase Offers New Institutional Investor Products
Author: 0 Coinbase Offers New Institutional Investor Products

During the last few months, more than 100 hedge funds have announced their intentions of investing in cryptocurrencies, something unseen in the market until recently. "We really pride ourselves on being the most trusted, the most secure venue, within the cryptocurrency space", said Eric Scro, Coinbase's vice president of finance.

Economy Paddy Power Betfair eyes FanDuel acquisition
Author: 0 Paddy Power Betfair eyes FanDuel acquisition

Sports gambling could begin in a matter of weeks in casinos and racetracks in New Jersey, which instigated the legal fight by repealing its gambling ban. Legal Sports Report (LSR), which first reported that Paddy Power Betfair was close to completing the deal, said it appeared likely to be below that valuation.

Economy Amazon Web Services takes on Blockchain with Kaleido and Ethereum
Author: 0 Amazon Web Services takes on Blockchain with Kaleido and Ethereum

The company aims to make the technology onboarding process smoother for enterprise consortium members while simplifying the operation of private blockchain networks. Amazon Web Services (AWS) is joining forces with Kaleido, a new startup backed by Ethereum venture studio ConsenSys , in a partnership that will give Amazon customers their first shot at blockchain SaaS (software-as-a-service) solutions.

Economy Corrected: Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal
Author: 0 Corrected: Rupert Murdoch's son Lachlan to become Fox CEO after Disney deal

He is expected to leave the company. "I am also personally very pleased that John has agreed to take on the role of Chief Operating Officer, and together we look forward to making further announcements as to the management and structure of this new Fox as we get closer to closing our proposed transaction with Disney", Lachlan Murdoch added.

Economy US Warns European Businesses on Sanctions If They Do Business with Iran
Author: 0 US Warns European Businesses on Sanctions If They Do Business with Iran

European firms, especially those from France and Germany, rushed to invest in Iran following the 2015 agreement, under which Tehran agreed to freeze its nuclear program in return for the repeal of punishing global sanctions. President Donald Trump pulled the United States out of the deal on Tuesday, raising the risk of conflict in the Middle East, upsetting European allies and casting uncertainty over global oil supplies.

Economy Macy's Q1 Earnings Report: What You Need To Know
Author: 0 Macy's Q1 Earnings Report: What You Need To Know

The company reported revenues of $5. 5 billion and earnings of 48 cents per share. This compares to $0.26 per share in the first quarter of 2017 for both stated and adjusted diluted earnings per share. The department store retailer's operating income increased almost 8.7% year over year to $238 million, or about 4.3% of sales. The company is raising its profit guidance for fiscal 2018.

Economy Watch a Tesla Model X tow a passenger airplane down a runway
Author: 0 Watch a Tesla Model X tow a passenger airplane down a runway

But the Tesla was the first electric passenger vehicle to achieve this feat. Qantas offers Tesla wall chargers at four airports in Austrailia to offer Tesla Model S and Model X owners a charging point while they are travelling. Its dual electric motors generated a huge amount of torque (967 Nm), which helped it tow the Dreamliner to nearly 300 metres. The Dreamliner, which weighs around 565,000Ibs when carrying fuel, is much heavier than the recommend tow limit for the Model X, ...

Economy Volvo to move away from diesel with new S60
Author: 0 Volvo to move away from diesel with new S60

That said, even petrol engines will eventually be phased out, with Volvo referring to the hybrid models as a "transitional" stepping stone on the road to full electrification. Instead, Volvo will launch the next-generation S60 with four-cylinder engines and two plug-in hybrid powertrains. In fact, Volvo was the first traditional vehicle maker to commit to all-out electrification in July 2017.

Economy Emilia Clarke paid the same as male stars on 'Game of Thrones'
Author: 0 Emilia Clarke paid the same as male stars on 'Game of Thrones'

The 31-year-old was speaking at Kering Women in Motion at the Cannes Film Festival on Tuesday, where her latest film Solo: A Star Wars Story is screening. "It will be what none of us think it will be", she cryptically said. Do you know what I mean? Directed by Ron Howard, Solo: A Star Wars Story opens in cinemas on May 25.

Economy Next Up at Amazon-Run Whole Foods: Half-Priced Halibut Steaks
Author: 0 Next Up at Amazon-Run Whole Foods: Half-Priced Halibut Steaks

The company said it will also start offering "weekly deep discounts on select best-selling items" for Prime members, too. The discounts have rolled out to Whole Foods stores across Florida, for the time being, and will expand to all stores across the USA starting this summer.

Economy WOW Air confirms India in new eastern push
Author: 0 WOW Air confirms India in new eastern push

The route will launch December 5, 2018, giving business and leisure travelers affordable and easy access to the heart of India. The airline said in a statement "A one-way ticket to Iceland, U.S., Canada and London in the economy category called WOW basic will start from ₹13,499 (including taxes) while the business class fares termed as WOW premium will be priced from ₹46,599 onwards (including taxes),".

Economy Japan economy shrinks for first time in 2 years
Author: 0 Japan economy shrinks for first time in 2 years

The GDP deflator fell 0.2% on year, defying forecasts for a gain of 0.3% following the flat reading in the previous three months. Australia will provide Q1 data for wage prices, which are expected to hold steady at 0.6% on quarter and 2.1% on year.

Economy Tech and health care lead U.S. stocks lower; bond yields rise
Author: 0 Tech and health care lead U.S. stocks lower; bond yields rise

The yield, a barometer for mortgage rates and other financial instruments, has jumped recently on signs of rising inflation, which sparked market speculation for more rate hikes later this year. The declines Tuesday put the Dow Jones industrial average on track to end an eight-day winning streak. BOND YIELDS: Bond prices fell. Mortgage rates, which have been rising this year, tend to track the movement in the 10-year Treasury yield.

Economy Boeing trade case sets up United States to impose tariffs on EU
Author: 0 Boeing trade case sets up United States to impose tariffs on EU

The WTO appellate body upheld the compliance panel's finding in 2016 that Airbus paid a lower interest rate on financing for the development of its latest aircraft, the A350, than it would have obtained on the commercial market, and that this below-cost financing provided by the French, German, Spanish and United Kingdom governments provided a benefit to Airbus that constituted subsidies.