Money

Man's excessive flatulence in flight forces airplane to make unexpected landing

Man's excessive flatulence in flight forces airplane to make unexpected landing

A Transavia Airlines flight HV6902 from Dubai to Amsterdam was forced to land and four passengers were escorted from the plane by local police, after one passenger refused to stop farting, according to global reports. In another twist, the women are now taking the budget airline to court after being removed from the flight, as they claimed they were humiliated and had nothing to do with the fight. Read More

Continue Reading »

Saved By Miracle: Alert Airline Agent Saves Teens From Modeling Predator

Saved By Miracle: Alert Airline Agent Saves Teens From Modeling Predator

It was a typical day for American Airlines agent Denice Miracle when two young girls came to her ticket counter. "I had a gut feeling that something just wasn't right". The police believe that following that phone call, Drey deleted his Instagram account and also deactivated the phone number that he had given the girls to contact him, further fueling the notion that he was a sex trafficker. Read More

Continue Reading »

Uber's losses ballooned to $4.5bn in tumultuous year

Uber's losses ballooned to $4.5bn in tumultuous year

This attitude is clearly visible in the previous business practices and approaches adopted by the ride-hailing company since its introduction in the USA and other potential markets. Google will get a stake in Uber worth roughly US$ 245 million. And having Google's support will only increase Uber's value when it launches its IPO late next year. Read More

Continue Reading »

Three PNB fraud accused sent to 14-day police custody

Three PNB fraud accused sent to 14-day police custody

He was just a clerk and was forced to type letters by Shetty. As many as 35 locations in 11 states have been searched and diamond, gold, jewellery, and precious stones worth over Rs 5,100 crore sealed. CBI demanded 14-day custody of all the three as the investigation is in the nascent stages and several documents are to be recovered yet. It has yet to unearth the larger conspiracy, the exact magnitude of the scam, identity/roles of other accused and the end-use of the public funds diverted ... Read More

Continue Reading »

High Court rules Public Protector's remedial action 'unlawful'

They said Mkhwebane did not fully understand her constitutional duty to be impartial and to perform her functions without fear, favour or prejudice. The judges directed the Special Investigating Unit to approach the president to amend a government proclamation to recover R1.1 billion from Absa, which she had said the Reserve Bank had unlawfully given to Bankorp (later bought by Absa) in the mid-1980s. Read More

Continue Reading »

It's Not The Apocalypse, It's Another SpaceX Rocket Launch

It's Not The Apocalypse, It's Another SpaceX Rocket Launch

Elon Musk's latest mission is to deliver Americans their internet from space . The launch of a Falcon 9 rocket had been scheduled for 6:16 a.m. Sunday, but the company postponed the launch on Saturday. The agency earlier approved three global operators for satellite-broadband operations. The company targets a full-capacity network dubbed as "Constellation" by 2024. Read More

Continue Reading »

Earnings Reaction History: KRAFT HEINZ CO, 44.4% Follow-Through Indicator, 2.5% Sensitive

Earnings Reaction History: KRAFT HEINZ CO, 44.4% Follow-Through Indicator, 2.5% Sensitive

Since they take the average of past price movements, moving averages are better for accurately reading past price movements rather than predicting future past movements. The company's distance from 52-week high price is -28.13% and the current price is 0.04% away from 52-week low price. The ATR is fairly simple to calculate and only needs historical price data. Read More

Continue Reading »

Dog food is withdrawn over concerns about euthanasia drug

Dog food is withdrawn over concerns about euthanasia drug

Days after lab tests were released , Smucker's, the owner of nearly all the brands in question, announced a voluntary withdrawal of products including Gravy Train, Kibbles "N Bits , Skippy and Ol" Roy lines of canned food. The company said they had an internal investigation ongoing. Further to this, company said that it is investigating how the euthanasia drug pentobarbital got into its supply chain, and it is focusing on a single supplier, of a minor ingredient used at one manufacturing ... Read More

Continue Reading »

Commerce Department recommends tariffs on steel, aluminum

Commerce Department recommends tariffs on steel, aluminum

They also raise the risk of a trade war with China and other nations. Under this option, the United States would also impose a quota limiting all other countries to the aluminum and steel they exported to the United States past year. Department of Commerce said Friday. He did so upon invoking a provision in US trade law that allows the president to take punitive actions if it's a matter of national security. Read More

Continue Reading »

Gilead Sciences (NASDAQ:GILD) Downgraded by TheStreet to "C"

The institutional investor held 520,924 shares of the health care company at the end of 2017Q3, valued at $42.21 million, down from 532,434 at the end of the previous reported quarter. Citigroup upgraded Gilead Sciences from a "neutral" rating to a "buy" rating and lowered their price objective for the company from $88.80 to $76.00 in a research note on Tuesday, January 30th. Read More

Continue Reading »

Ride-hailing company Uber logs huge annual loss

Ride-hailing company Uber logs huge annual loss

That's an improvement over the $1.46 billion loss recorded in the previous quarter (with revenue of $9.7 billion), but Uber still hasn't attained profitability. It was a hard year for the San Francisco-based firm. Khosrowshahi inherited a mess after Uber acknowledged rampant sexual harassment within its ranks and its use of duplicitous software to thwart government regulators while dealing with the fallout from a video that captured Kalanick berating one of its own drivers. Read More

Continue Reading »

Oil prices settle mixed amid OPEC report

Oil prices settle mixed amid OPEC report

Production reached 10.038 million barrels a day in November, marking the first time since 1970 that production surpassed 10 million barrels a day. "The market is only expected to return to balance towards the end of this year". Production is increasing against a backdrop of broader market uncertainty. Compliance reached a record level of 129 percent in December, for a monthly average of 107 percent a year ago, and preliminary estimates show that compliance in January will surpass December's ... Read More

Continue Reading »

Lawmakers eye repeal of requirement they fund education by April 1

Lawmakers eye repeal of requirement they fund education by April 1

The House Public Policy Committee voted 9 to 1 to allow Sunday sales "upon passage" not the customary July 1 as with most new IN laws. "I am glad to see a bill that includes an appropriation, so we can lift up our educators who are working hard every day to provide the best education possible for our children", said House Education Committee Chair Stephanie Garcia Richard of Los Alamos. Read More

Continue Reading »

Amazon Announces Rare Round of Layoffs

Amazon Announces Rare Round of Layoffs

The online retailer grew rapidly from 5,000 employees in 2010 to 40,000 in its Seattle headquarters. Globally Amazon has 566,000 employees . Despite the cutback, Amazon continues to hire employees . It appears the company isn't looking to reduce its overall headcount. That's a tiny proportion of Amazon's close to 300,000 USA -based employees , but rare for a company that unlike many, seldom undergoes large cuts . Read More

Continue Reading »

Bitcoin energy use in Iceland set to overtake homes, says local firm

Bitcoin energy use in Iceland set to overtake homes, says local firm

Bitcoin is "mined" when "computers solve complex mathematical problems - a process that in turn validates transactions between users of the cryptocurrency", as the BBC explained . A lot of them are waiting for an opportunity to place their centres there though it is impossible to satisfy all their requests. The sudden growth of the new industry prompted MP Smari McCarthy of Iceland's Pirate Party to suggest taxing the profits of bitcoin mines. Read More

Continue Reading »

Just announced: 3 big changes coming to Sam's Club in 2018

Just announced: 3 big changes coming to Sam's Club in 2018

The free-shipping announcement comes about a month after Sam's Club revealed that it was closing 63 clubs - or about 10 percent of its stores - across the U.S. "After that review, we decided that part of our transformation had to be to simplify our membership offerings". "This new network is built on where our members are and how we can get items to them in one or two days". Read More

Continue Reading »

Industrial output expands by 7.1% in Dec

Industrial output expands by 7.1% in Dec

However, the index is higher as compared to the level in the month of December 2016. The dollar .DXY rallied against a basket of currencies. "An extremely strong print would be necessary to raise risks that the Fed accelerates rate hikes..." That would slow economic growth. Read More

Continue Reading »

Intel put on an Olympic light show with 1218 drones

Intel put on an Olympic light show with 1218 drones

The light show used Intel's Shooting Star drones , which were also featured in Lady Gaga's Super Bowl halftime show a year ago, and at Intel's CES keynote back in January. "During the Ceremony, POCOG made the decision to not go ahead with the show because there were too many spectators standing in the area where the live drone show was supposed to take place", according to a statement from the Olympic organizing committee, Recode reported . Read More

Continue Reading »

Former Manchester United midfielder Liam Miller dies aged 36

Former Manchester United midfielder Liam Miller dies aged 36

A statement issued by Manchester United said, "Manchester United is deeply saddened to learn of the tragic death of our former midfielder Liam Miller . Thoughts and prayers with his loved ones. As the final minute came to an end in a crucial match against promotion rivals Derby at the Stadium of Light 11 years ago this month, the diminutive Liam Miller rose highest to head a dramatic victor. Read More

Continue Reading »

Canada Prime Minster Justin Trudeau says 'peoplekind' remark a 'dumb joke'

Canada Prime Minster Justin Trudeau says 'peoplekind' remark a 'dumb joke'

There are also US demands for greater market access to Canada's protected dairy industry, amplifying Trudeau's message among dairy farmers in IL, neighbouring Wisconsin, and California. Trudeau will likely press the case for regional trade regardless of what happens with NAFTA , given Trump's repeated threats to tear up the agreement, said Kathy Brock, a professor in the school of policy studies at Queen's University. Read More

Continue Reading »

Patriots Bringing Back Joe Judge Along With Josh McDaniels

Patriots Bringing Back Joe Judge Along With Josh McDaniels

But McDaniels' return as New England's offensive coordinator keeps a possible successor for Patriots coach Bill Belichick in house. Backup Nick Foles took over and led Philly to a 41-33 win over New England in Sunday's Super Bowl . Belichick was subsequently named the coach of the Patriots and has been with the team since, leading them to eight Super Bowl appearances and five championships. Read More

Continue Reading »

Amazon aims to move into US shipping industry

Amazon aims to move into US shipping industry

It is not yet known how this will affect the existing relationship that exists between Amazon, UPS and FedEx-two major partners when it comes to shipping purchased goods to customers. This is big news for a lot of companies that may now rely on UPS or FedEx to make most of their deliveries. Citi analyst Christian Weatherbee said Amazon hasn't yet committed significant assets to a new delivery program. Read More

Continue Reading »

The Procter & Gamble Company (PG)

The Procter & Gamble Company (PG)

Moving toward the second part of analysis is "Returns", The Procter & Gamble Company (NYSE:PG) has returns on investment of 12.70% which indicates firm's investment efficiency or to compare the efficiency of a number of different investments. Read More

Continue Reading »

Stocks open higher on Wall Street

Stocks open higher on Wall Street

It was another shaky day on Wall Street as indexes rallied in the morning, bobbed up and down for much of the day, then sank in the last few minutes of trading. Stocks are mixed in the early going as traders digest a batch of company earnings reports. The company also said it will pay $400 million to buy an Australian retailer. Read More

Continue Reading »

Oil sinks as USA output soars, wiping out 2018 gains

Oil sinks as USA output soars, wiping out 2018 gains

The S&P 500 stock index.SPX fell to its lowest level since October 25.In addition, crude throughput in the North Sea Forties pipeline continued to ramp up following a restart, a trade source told Reuters . Exxon Mobil (XOM) shares were flat in the stock market today . Kilduff cautioned on the relationship of a rising dollar that is also impacting the crude price right now. Read More

Continue Reading »

Trade deals can not make up for Brexit losses, says leaked report

Trade deals can not make up for Brexit losses, says leaked report

The leak indicates that economic growth in Scotland would be nine per cent slower as a result of leaving the European Union , compared with the Scottish Government's projection of 8.5 per cent. In the West Midlands there could be a 13% decline in GDP, while Northern Ireland could suffer a 12% fall. "No-one's doubting that Brexit will pose challenges, but it will bring opportunities too". Read More

Continue Reading »

Yum! Brands Announces Partnership With Grubhub For Pickup And Delivery Business

Yum! Brands Announces Partnership With Grubhub For Pickup And Delivery Business

Brands by 0.6% in the third quarter. It plans to purchase $200 million worth of GRUB stock. Their average price target spell out an upbeat performance - a 6% and would give YUM a market capitalization of almost $29.1B. The firm has "Buy" rating given on Monday, October 16 by Cowen & Co. The shares were sold at an average price of $84.90, for a total value of $194,760.60. Read More

Continue Reading »

Renew's (LON:RNWH) Add Rating Reiterated at Numis Securities

Quantenna Communications, Inc. (NASDAQ:QTNA) has 0.00% since February 7, 2017 and is. It has underperformed by 55.81% the S&P500. It now has negative earnings. Investors sentiment decreased to 1.48 in 2017 Q3. Its down 0.05, from 0.86 in 2017Q2. Benjamin F Edwards Company holds 1,806 shares. King Wealth Gp Ltd reported 0.18% in BAE Systems plc (LON:BA). Read More

Continue Reading »

Northern Irish economy faces 12 percent hit with no UK Brexit deal

Northern Irish economy faces 12 percent hit with no UK Brexit deal

Government assessment of Brexit deals on economic growth over 15 years compared to current forecasts Government region Single market Free trade No deal East Midlands -1.8% -5% -8.5% Eastern -1.8% -5% -8% London -1% -2% -3.5% North-East -3% -11% -16% North-West -2.5% -8% -12% South-East -1.5% -4.5% -7.5% South-West -1% -2% -5% West Midlands -2.5% -8% -13% Yorkshire and Humber -1.5% -5% -7% Northern Ireland -2.5% -8% -12% Scotland -2.5% -6% -9% Wales -1.5% -5.5% -9.5% United Kingdom -2% ... Read More

Continue Reading »

Anadarko Petroleum tops Street 4Q forecasts

Anadarko Petroleum tops Street 4Q forecasts

About 542,561 shares traded or 75.45% up from the average. j2 Global, Inc. The oil company posted revenue of $2.93 billion in the period, also exceeding Street forecasts. The average estimate of 11 analysts surveyed by Zacks Investment Research was for earnings of 3 cents per share. Bank of America has "Buy" rating and $80 target. Read More

Continue Reading »

Jefferies Cuts Marathon Petroleum (NYSE:MPC) Stock To a "Hold" Rating

The stock increased 8.38% or $3.3 during the last trading session, reaching $42.7. The Relative Volume of the company is 1.53 and Average Volume (3 months) is 3.83 million. UBS upgraded the stock to "Buy" rating in Thursday, February 2 report. Finally, Barclays lifted their target price on shares of Marathon Petroleum from $63.00 to $76.00 and gave the stock an "overweight" rating in a research note on Tuesday, November 14th. Read More

Continue Reading »

Tesco's £4bn equal pay case could create 'tidal wave of litigation'

Tesco's £4bn equal pay case could create 'tidal wave of litigation'

Supermarket group Tesco (TSCO.L) is facing a potential bill of up to 4 billion pounds ($5.6 billion) in a record equal pay claim involving mainly women workers at its British stores, according to the law firm pursuing the case. It claims the case could lead to compensation payments of £4 billion. Leigh Day has begun submitting claims through the Acas conciliation service, as the first stage in what is expected to be a lengthy legal process through the employment tribunal system which ... Read More

Continue Reading »