Finance


TDP upset with Budget, but won't snap ties TDP upset with Budget, but won't snap ties
- February 07, 2018

He said Desam would raise the state's demands in Parliament if required. With the cash-rich Hyderabad going to Telangana after bifurcation, TDP leaders, meanwhile, believe that Andhra Pradesh requires extra support from the Centre till the state's revenue deficit comes down and its economy gets up and running. (more...)
Nationalist politicians fear hard border following rejection of customs union Nationalist politicians fear hard border following rejection of customs union
- February 07, 2018

Barnier has said that Britain "will continue to have all the economic benefits, therefore it must apply all the rules" during this transition period . Theresa May is already gearing up for a battle with Brussels over free movement rules during the transition. It could also mean a hard border between Northern Ireland and the Republic - physical infrastructure and vehicle spot checks that could stir up sectarian violence again, after nearly 20 years of peace under Good Friday Agreement, ... (more...)
Viewers Think Amazon's Super Bowl Alexa Ad Had A Hidden Message Viewers Think Amazon's Super Bowl Alexa Ad Had A Hidden Message
- February 07, 2018

Even though the word " Alexa " is said 10 times during the Super Bowl ad , Amazon assures users that their Echo won't wake up and try to respond when it hears Alexa's name being called out. "I'm glad you asked", she says. In some of those recordings, those frequencies appeared to be non-existent. In other words, if your Echo notices something odd happening in the audio spectrum, it realizes that it should ignore whatever is being said-like " Alexa ". (more...)
SpaceX launches Falcon Heavy, the world's most powerful rocket
- February 07, 2018

No people are on board. The payload for Tuesday's maiden flight was Musk's cherry red Tesla Roadster sports vehicle, outfitted with cameras to capture the views. " It's the biggest rocket in the world by far , " Musk told CNN on Monday. SpaceX built Falcon Heavy out of three of the company's Falcon 9 rockets - a system that has now completed dozens of successful launches over the last few years. (more...)
Oil prices rise on weaker U.S. dollar Oil prices rise on weaker U.S. dollar
- February 05, 2018

Goldman Sachs said Thursday that the market has likely reached a balance between supply and demand, and forecast Brent crude to trade above 80 dollars a barrel later this year, according to Market Watch. Dollar strength hasn't been much of a concern over the past year, and the continued weakness in the Greenback has surely been a positive factor for Oil prices. (more...)
Captain Best is quizzed over attending pals' trial Captain Best is quizzed over attending pals' trial
- February 04, 2018

She also revealed that around six months prior to the alleged incident, she briefly met Jackson in a Belfast pub where she was working in promotions. At the party, she said she took a dislike to Blane McIlroy, the third accused man from Royal Lodge Road who denies one count of exposure. (more...)
Record-Low Black Unemployment Trump Touted Jumps Most Since 2012 Record-Low Black Unemployment Trump Touted Jumps Most Since 2012
- February 04, 2018

The rate rose to 7.7 percent in January after it fell to 6.8 percent in December, which was the lowest reported since the records first began in 1972, according to the Bureau of Labor Statistics . But President Trump didn't do anything to improve unemployment specifically for Black people in America, and taking credit for it is outrageous. The U.S. (more...)
Stock to Watch: McDonald's Corp. (MCD) Stock to Watch: McDonald's Corp. (MCD)
- February 03, 2018

Stripping out some charges related to the new US tax law, it earned $1.71 a share, up from $1.43 a year earlier, below analysts' forecasts for $1.59. A number of other large investors have also modified their holdings of the stock . After the results were released, McDonald's Corp. shares slipped half a percentage to $176.50 in premarket trading Tuesday. Stockholders of record on Thursday, March 1st will be paid a $1.01 dividend. (more...)
Budget 2018: 'All-Time High' Allocation for Rail and Road Infrastructure Budget 2018: 'All-Time High' Allocation for Rail and Road Infrastructure
- February 02, 2018

He proposed a target of doubling 18,000 km of lines and said gauge conversion is underway to eliminate capacity constraints. The railway budget will also be presented along with the Union budget . In addition, a new institute is to come up at Vadodara to train manpower for high-speed rail networks. The FM announced that Wi-Fi, CCTVs will be provided in every station and escalators will be provided in stations with more than 25,000 footfall. (more...)
United States missile defense system fails latest test United States missile defense system fails latest test
- February 02, 2018

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Amazon Plans to Shake up Health Care Industry Amazon Plans to Shake up Health Care Industry
- February 01, 2018

Sullivan Berchtold joined JPMorgan in August after eight years at the Swiss pharmaceutical company Novartis AG, where she was most recently the global head of mergers and acquisitions, according to her LinkedIn. (NYSE: CI) sank 5% while Express Scripts Holding Co. CVS and UnitedHealth each ended down more than 4 percent. The three could simply negotiate better prices from insurers. (more...)
Hero Pilot Speaks Out, Small Plane Makes Emergency Landing On 55 Freeway Hero Pilot Speaks Out, Small Plane Makes Emergency Landing On 55 Freeway
- February 01, 2018

Strong winds prevented him from reaching nearby John Wayne Airport in Orange County in time, officials said. "You don't have a choice". The fact that few vehicles were on the freeway and that no one crashed was a 'complete miracle, ' Costa Mesa Fire Captain Chris Coatez told KTLA. (more...)
BBC proposes drastic new pay framework, despite 'no evidence of gender bias' BBC proposes drastic new pay framework, despite 'no evidence of gender bias'
- January 31, 2018

BBC Director General Tony Hall said that the report showed that the organisation had " real and important issues to tackle" and that he was determined to set things right, BBC reported. The BBC is struggling to end a damaging dispute about unequal pay. The BBC also planned to introduce a new framework to determine on-air staff pay, to mirror what had already been created for the rest of the BBC's staff, and allow everyone to see the pay range for nearly every job at the BBC. (more...)
CEO of surfing brand Quiksilver missing off French coast CEO of surfing brand Quiksilver missing off French coast
- January 31, 2018

Rescue services were unable to say if the Frenchman had been alone. He was based in the company's Europe headquarters before becoming CEO in 2015. Two boats and three helicopters are now involved in a search to find Mr Agnes, according to authorities. (more...)
EasyJet chief Johan Lundgren cuts pay to match predecessor EasyJet chief Johan Lundgren cuts pay to match predecessor
- January 30, 2018

Lundgren said he wants to address a gender imbalance in the pilot community, saying Easyjet has set a target for 20 per cent of its new pilots to be female by 2020. "EasyJet's pilots (and cabin crew) salaries and other pay is collectively agreed and negotiated with the trade unions, which means that the pay rates are exactly the same for men and women". (more...)
Russian Federation remain suspended by IPC from Winter Games Russian Federation remain suspended by IPC from Winter Games
- January 30, 2018

In this March 16, 2014 file photo, Russia's delegation is shown at the closing ceremony of the Sochi Paralympics. On Monday, the International Paralympic Committee announced that it was maintaining the suspension of the Russian Paralympic Committee (RPC). (more...)
Ingvar Kamprad - the founder of Ikea - dies aged 91 Ingvar Kamprad - the founder of Ikea - dies aged 91
- January 29, 2018

Kamprad's life story is intimately linked to the company he founded at age 17 on the family farm. "He will be immensely missed and warmly remembered by his family and Ikea employees around the world", the company said in a statement. Ikea's revolutionary self-assembly model - which would cut transport and storage costs - was conceived in 1956 after an employee suggested table legs be removed so the package would fit into a vehicle. (more...)
Saudi Billionaire Alwaleed bin Talal Released From Detention - Family Sources Saudi Billionaire Alwaleed bin Talal Released From Detention - Family Sources
- January 28, 2018

A senior Saudi official said Prince Alwaleed was released after a financial settlement was reached. The prince, 62, had been held at the Ritz-Carlton hotel in the Saudi capital, Riyadh , since November 4, when he was detained in the anti-corruption probe being spearheaded by his much younger cousin, Crown Prince Mohammed bin Salman. (more...)
Dow hits record on Intel earnings Dow hits record on Intel earnings
- January 28, 2018

The Russell 2000 is up 4.04 points, or 0.3 percent. The Toronto Stock Exchange's S&P/TSX composite index unofficially closed up 35.21 points, or 0.22 per cent, at 16,239.22. U.S. Treasury yields climbed after the U.S. GDP data and after the governor of the Bank of Japan said inflation is finally close to reaching the central bank's 2 percent target. (more...)
$530M NEM Stolen Following Japanese Cryptocurrency Exchange Hack $530M NEM Stolen Following Japanese Cryptocurrency Exchange Hack
- January 28, 2018

Bitcoin recouped its losses and by 11:14 a.m. ET was up 0.35% against the United States dollar at $11,193 a coin, according to Markets Insider data. Billionaire investor George Soros, known for his legendarily successful currency trading, has dismissed bitcoin as a "typical bubble". (more...)