Money

Dow hits 26000 points but loses early gains

Dow Jones Industrial Average has accelerated at a record pace, passing the $26,000 mark in an early trading surge of 200 points in NY: a 5% increase for the blue-chip index. Gold rose $2.20 to $1,337.10 an ounce. Its shares added 85 cents to $44.92. Ryanair managed to stay above the €16 mark, but slipped in the last hour of trading to close down slightly at €16.03. [Full Article...]

Tell us what you really want on Brexit, EU urges Britain

Tell us what you really want on Brexit, EU urges Britain Prime Minister Theresa May and her main opponent Jeremy Corbyn have ruled out giving voters a chance to approve whatever withdrawal treaty is agreed with Brussels before Britain leaves the bloc in March 2019. "Our hearts are still is, open to you", concluded Tusk. Also addressing MEPs in the same debate, European Commission President Jean-Claude Juncker echoed his European Council colleague,... [Full Article...]

Airbus could abandon A380 superjumbo amid lackluster sales

Airbus could abandon A380 superjumbo amid lackluster sales He said the fact the program could exist with just six planes built each year was a testament to its efficiency, adding that the "magnificent plane" was widely acclaimed by passengers. Instead, however, Airbus employees found themselves attending a news conference where Emirates announced the purchase of 40 Boeing 787-10 Dreamliners in a $15.1 billion deal. [Full Article...]

Now JioCoin after Bitcoin: Reliance Jio likely to introduce new cryptocurrency

Now JioCoin after Bitcoin: Reliance Jio likely to introduce new cryptocurrency The virtual currencies which are being encrypted are built on the Blockchain technology, that decentralises information without it being copied. Though the report did not mention any specific source, it added that the company is planning to venture into IoT and building a blockchain platform will be beneficial for laying the foundation of IoT plans by Jio. [Full Article...]

Moon calls for 'heartfelt' Japan apology for WWII sex…

Moon calls for 'heartfelt' Japan apology for WWII sex… Foreign ministers from South Korea and Japan are to hold talks in Vancouver, Canada, next week on the sidelines of an worldwide gathering aimed at discussing more effective sanctions on North Korea. Tokyo intends to win widespread acceptance for key policies, such as those regarding North Korea and the European Union trade deal. Political scientist Tosh Minohara of Kobe University told The Stra... [Full Article...]

Analyst Research Roundup: Avnet, Inc. (AVT), Piedmont Office Realty Trust, Inc. (PDM)

Analyst Research Roundup: Avnet, Inc. (AVT), Piedmont Office Realty Trust, Inc. (PDM) About 879,580 shares traded. Breaking Down: Universal Health Realty Income Trust (NYSE:UHT) has hit extreme technical weakness - watch the stochastics and technical oscillators for any kind of momentum signals if you are looking for a turnaround. [Full Article...]

Houston police find missing sports journalist unharmed

Houston police find missing sports journalist unharmed Her father, Steve Roland , said that police called him on Monday from a Chick-fil-A but he was not sure if that's where police found her. Police say most of the time she was missing, she was searching for her phone - which was found in her vehicle. [Full Article...]

United Kingdom to introduce 25p 'latte charge' on disposable coffee cups

United Kingdom to introduce 25p 'latte charge' on disposable coffee cups Since litter encourages more littering, this creates a vicious cycle. The environmental audit committee's report said: "Coffee shops with recycling schemes should place a "recyclable in stores only" label on cups". The trial will begin next month and initially last for three months. "As we increase our understanding of pollution and non-recyclable plastics on our streets and in our seas, i... [Full Article...]

Fodder scam verdict: Lalu Prasad Yadav Sentenced To 3.5 years in jail

Fodder scam verdict: Lalu Prasad Yadav Sentenced To 3.5 years in jail The punishment was handed down to 69-year-old Prasad by CBI court judge Shiv Pal Singh through videoconferencing since the RJD leader is lodged in Birsa Munda Central Jail after being convicted in the case on December 23, CBI counsel Rakesh Prasad said. [Full Article...]

White Supremacist Charged With Terrorism After Alleged Attempt To Derail Train

White Supremacist Charged With Terrorism After Alleged Attempt To Derail Train The FBI says they found Wilson in the engineer's seat, "playing with the controls". Wilson was found with a fully loaded.38 caliber handgun, along with several "speed loaders", and a business card from the National Socialist Movement, one of the most prominent neo-Nazi groups in the US, FBI Special Agent Monte Czaplewski wrote in the affidavit. [Full Article...]

Reflections on the Current State of The Charles Schwab Corporation (SCHW)

North Star Asset Management Inc who had been investing in Charles Schwab for a number of months, seems to be less bullish one the $69.71B market cap company. Solaris Asset Management Limited Liability Corp accumulated 0.03% or 1,160 shares. Cibc Inc has invested 0.03% in Oracle Corporation (NYSE:ORCL). (NYSE:FET) for 576,742 shares. [Full Article...]

US Powerball, Mega Millions jackpots top $1 billion

US Powerball, Mega Millions jackpots top $1 billion It's been more than two months since someone won the Mega Millions and Powerball jackpots , pushing the prizes to near record levels. He believes this is due to the recent cold weather, and the fact people tend to typically spend more on the lottery during the holidays. [Full Article...]

World oil prices on the rise

World oil prices on the rise Barrel is the unit of measurement of oil volume. Following the huge additions now confirmed for October, we expect EIA could raise December data by up to 300,000 bpd. One barrel equals to 159.98 liter. Crude oil were lower on Friday as expectations OPEC and other producers will extend their production cut agreement were offset by forecasts US output will continue to grow with prices holding near... [Full Article...]

Apple Boosts Pay of CEO Tim Cook, Other Executives

Apple Boosts Pay of CEO Tim Cook, Other Executives Cook's personal security costs also totalled $US224,216, ($A287,702) according to the filing . Due to slumping iPhone sales in 2016, Cook's pay was cut 15%. As a result of the satisfactory sales and profit in 2017, Apple is increasing Tim Cook's salary. The payout was a part of the huge welcome package that Apple gave Cook after he succeeded Steve Jobs in 2011. [Full Article...]

SoftBank reportedly buys major stake in Uber at a big discount

SoftBank reportedly buys major stake in Uber at a big discount That's a roughly 30 percent discount over Uber's most recent valuation of close to $70 billion. SoftBank and the rest of consortium, which includes Dragoneer Investment Group, will own about 17.5%, including a secondary share purchase from earlier investors and employees, as well as $1.25bn of fresh funding. [Full Article...]

Store hours for day after Christmas shopping

It markes one of the biggest days for exchanges and returns. "They have great sales in there", she said in the store parking lot after moving her goods from her cart to her auto. "Due to the continued popularity of gift cards, as well as many of our local and national retailers offering sales and promotions, we expect the Mall at Fairfield Commons to be very busy during the last week of the year... [Full Article...]

The Thomas Fire Is Now The Biggest In California's History

The Thomas Fire Is Now The Biggest In California's History With no strong winds helping the fire spread, firefighters expect to be able to contain the fire heading into Christmas Day. This year has been the costliest for wildfires in U.S. Saturday at 6:00 p.m. responsibilities were transferred to California Interagency Incident Management Team 3 under the leadership of Incident Commander Mark Von Tillow. [Full Article...]

Discovery Communications Inc. (DISCK) Sees Large Increase in Short Interest

Discovery Communications Inc. (DISCK) Sees Large Increase in Short Interest The firm has "Hold" rating by SunTrust given on Friday, October 27. On Wednesday, November 4 the stock rating was maintained by UBS with "Neutral". Morgan Stanley maintained the stock with "Equal-Weight" rating in Tuesday, May 31 report. It invests in the real estate markets of the United States and Canada. The hedge fund run by Louis Bacon held 50,000 shares of the business services company at ... [Full Article...]

Snow expected to miss city on Christmas

Snow expected to miss city on Christmas Snowfall across the nation's midsection is expected to make travel more hard, but it won't cripple movement on Christmas Eve and Christmas Day, forecasters say. Slow down and use caution while driving. A LAKE SNOW WARNING is active for Ashtabula County until Wednesday at 4pm. The Ozarks first snow of the season fell this morning along the I-44 corridor, dropping just an inch or two. [Full Article...]

USA finalizes hefty duties in Bombardier-Boeing trade case

USA finalizes hefty duties in Bombardier-Boeing trade case The tariffs were initiated in response to a complaint by Boeing regarding government subsidies received by Bombardier by the federal and Quebec governments. The trade dispute stems from a complaint by USA aerospace giant Boeing against its Canadian rival that found a receptive ear in President Donald Trump, whose "America First" agenda has included taking a tough line in matters of global co... [Full Article...]


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