Finance


Grab takes over Uber's Asia-Pacific operations Grab takes over Uber's Asia-Pacific operations
- March 27, 2018

Margins are notoriously low on ride-sharing services in Asia, where such firms rely heavily on discounts and promotions , according to Reuters . In a statement to the media, Grab said Uber employees were being placed on paid leave. (more...)
Qantas Airways Launches Non-Stop Flight From Perth To London Qantas Airways Launches Non-Stop Flight From Perth To London
- March 26, 2018

Captained by Lisa Norman, was the longest Boeing Dreamliner flight in the world. Qantas plans to introduce non-stop flights from Australia's east coast to Britain in the next few years. The Qantas Boeing 787-9 Dreamliner prior to take-off from Perth. Mr Joyce added: "I'd like to specially recognise the support and cooperation of the Federal Government, the West Australian Government and Perth Airport". (more...)
Thomas Mueller Bails World Champions Germany Out Against Spain Thomas Mueller Bails World Champions Germany Out Against Spain
- March 25, 2018

The 33-year-old outplayed Germany midfielders Sami Khedira and Toni Kroos by producing countless silky passes at the heart of Spain's attack. 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. (more...)
More than 3000 flights canceled as spring nor'easter slams Northeast More than 3000 flights canceled as spring nor'easter slams Northeast
- March 25, 2018

The National Weather Service says New York City and its northern suburbs could get 12 to 16 inches of snow. There were big snowflakes around lunch time on Tuesday, then hours of rain, and bouncing ice pellets before more snow in the late afternoon in Gloucester Township. (more...)
Fed hikes as 'dot plot' shifts upwards Fed hikes as 'dot plot' shifts upwards
- March 24, 2018

Interest rate hike could be the new flavor of the year for the Federal Reserve Board . Powell avoided attempts to get him to comment on specific aspects of trade or fiscal policy, but he noted the likely growth boost from the recent tax cuts, and said there are aspects of the package that could help raise the potential growth rate. (more...)
Uber Crash Highlights Growing Safety Concern: Pedestrians Uber Crash Highlights Growing Safety Concern: Pedestrians
- March 24, 2018

One video shows dashcam footage of the impact. Video of a fatal pedestrian crash involving a self-driving Uber vehicle that some experts say exposes flaws in autonomous vehicle technology is prompting calls to slow down testing on public roads and renewing concerns about regulatory readiness. (more...)
United gives $10K travel voucher to 'bumped' passenger United gives $10K travel voucher to 'bumped' passenger
- March 24, 2018

United raised the amount bumped passengers can get to $US10,000 a year ago after its PR disaster over violently dragging a passenger off an overbooked flight. United bumped up its free credit cap to $10,000 in 2017 after Dr. David Dao was beaten and injured while being removed from an overbooked flight. (more...)
Amazon considers buying some Toys 'R' Us stores Amazon considers buying some Toys 'R' Us stores
- March 22, 2018

The liquidation sale at Toys R Us in New Springville begins on Thursday, according to a store employee. "That's a big, big void that we're hoping to fill up". Kassoff said in a post on Linkedin that if the pop-up stores perform well, it's possible some locations could stay open permanently. The company has not said when the location's final day would be. (more...)
The Dollar Today: Federal Reserve Rate Meeting Looms Large The Dollar Today: Federal Reserve Rate Meeting Looms Large
- March 22, 2018

The 2.8% uptick in average weekly earnings in the three months to January suggests that wage growth is starting to pick up more substantially, to the benefit of consumers. It cited a stronger outlook for economic growth and did not give reasons for the higher projection - saying that it was based on the median expectations of the committee. (more...)
Oil Prices Up As EIA Confirms Crude Draw Oil Prices Up As EIA Confirms Crude Draw
- March 22, 2018

Futures rose 0.1 percent after climbing to the highest level in more than three weeks on Tuesday. May West Texas Intermediate crude oil futures soared on Wednesday to a six-week high on a surprise decline in USA crude inventories and as concern persisted over possible disruption to Middle East supply. (more...)
Toys 'R' Us/ Babies 'R' Us Closing Info: Gift Cards, Registries & Sales Toys 'R' Us/ Babies 'R' Us Closing Info: Gift Cards, Registries & Sales
- March 21, 2018

Only days after Toys "R" Us announced it's shuttering all 735 of its USA locations, retro-revival entrepreneur Ellia Kassoff has revealed his company, Strategic Marks LLC, plans to give KB Toys a well-timed reboot. If you have a Toys "R" Us gift card, you have a little less than a month to use it or you'll lose it. KB Toys used to have multiple locations in Hawaii, but all were shut down after the company filed for bankruptcy almost a decade ago. (more...)
Sensex rises 74 points in volatile trade ahead of US Fed meet Sensex rises 74 points in volatile trade ahead of US Fed meet
- March 21, 2018

The 30-share Sensex closed 0.76 per cent lower at 32923.18 because of selling in metal, telecom and banking stocks amid worries over a possible US Fed rate hike and a widening current account deficit. Among secondary barometers, the BSE Mid-Cap index was up 0.11%. Tata Steel, Adani Ports, Tata Motors and Infosys were among the top gainers, rising up to 3 percent. (more...)
Supreme Court To Hear Arguments In 'Crisis Pregnancy Centers' Case Supreme Court To Hear Arguments In 'Crisis Pregnancy Centers' Case
- March 21, 2018

Conservative Justice Samuel Alito said that even if the law is neutral on its face, it contains so many exemptions that it appears to target only those with anti-abortion views. Violators are liable for a civil penalty of up to $500. Joshua A. Klein, a lawyer for the state, said the required disclosures provided information where and when it was most valuable. (more...)
Snow expected for central Pa. on Wednesday, winter storm watch issued Snow expected for central Pa. on Wednesday, winter storm watch issued
- March 20, 2018

As of Monday morning, model tracks were still far apart in their solutions for where this storm will go. This incoming storm, which will bring rain and snow across the mid-Atlantic and Northeast, will be the fourth storm to ravage the East Coast in less than three weeks. (more...)
Del Potro sets up Federer final Del Potro sets up Federer final
- March 18, 2018

Roger Federer may be 36 years old, but he has been an unstoppable force during the 2018 season. "I just was more focused on what I have to do, not thinking that much about the wind and what is going on on court". After a few seasons quietly working his way up the world ranking, Chung has exploded onto the global tennis scene this season, reaching the quarterfinals in five consecutive tournaments, starting with the ASB Classic in New Zealand in January. (more...)
Federer, Venus Williams roll into semifinals at Indian Wells Federer, Venus Williams roll into semifinals at Indian Wells
- March 18, 2018

Halep overcame a rough start against China's Qiang Wang to advance 7-5, 6-1, while Williams kept her momentum moving forward with a 7-6 (6), 6-4 victory over No. "There were some points where she just played and it was too good", Williams said. However, she can gain entry to eight tournaments in 12 months - including two Grand Slams - with her protected world number one ranking. (more...)
Winn-Dixie parent closing 94 stores, filing for bankruptcy Winn-Dixie parent closing 94 stores, filing for bankruptcy
- March 17, 2018

But Winn-Dixie on Friday emailed some "loyal" customers, stating that stores would close on or before April 30. The Aventura and Boca Raton options will remain open. " We will continue to thrive with 582 successful stores in operation and will continue to deliver a store experience our associates, customers and communities can count on ", the company stated. (more...)
Criminal investigation launched into dog's death on US flight Criminal investigation launched into dog's death on US flight
- March 16, 2018

The dog's 11-year-old owner said, "It's a dog and she said, 'We have to put it up there'". Catalina's husband Brayan says they'd flown with Kokito before and had never heard a request that. According to them the flight attendant knew about the pet. "You just trust that they, in a position of authority, know what they are talking about - and it is just unbelievable", said Meredith Thompson, owner of Canine Cafe in Southend. (more...)
Amazon attracts 5 mln new customers with Prime Originals Amazon attracts 5 mln new customers with Prime Originals
- March 16, 2018

The first video that is streamed is marked as the content that brought in the subscriber. For contrast, here's a chart Reuters ran to show their other show's "cost per first stream". For example, the first season of the drama " The Man in the High Castle ", an alternate history depicting Germany as the victor of WW2, had 8 million USA viewers as of early 2017, according to the documents. (more...)
India's slowing inflation to give RBI room to pause India's slowing inflation to give RBI room to pause
- March 13, 2018

Retail inflation fell to a 4-month low of 4.44 percent in February on cheaper food articles and lower cost for fuel. A lower inflation is considered to be an ideal situation for central bank to slash prices to aid industrial and commercial activity. (more...)