Tuesday, 20 February 2018
Latest news
Home » Economy

Economy

QUALCOMM, Inc. (NASDAQ:QCOM) Holdings Reduced by Macquarie Group Ltd.

It has underperformed by 7.39% the S&P500. Alpha Windward Llc decreased its stake in Steel Dynamics Inc (STLD) by 92.25% based on its latest 2017Q3 regulatory filing with the SEC. 240,085 are held by Blair William And Il. 149,187 are held by Tokio Marine Asset Management Ltd. QUALCOMM Incorporated (NASDAQ:QCOM) has risen 9.31% since January 30, 2017 and is uptrending. Read More »

Boeing loses Bombardier anti-dumping case

perth_map

Last year, with the plane's access to the USA market in doubt, Bombardier agreed to hand control of the program to Airbus SE in exchange for the European planemaker's marketing muscle and manufacturing expertise. Commerce Secretary Wilbur Ross said $1.5 billion in Canadian government subsidies for Bombardier would damage US industry. The case report will be made available March 2 on the ITC website. Read More »

Major payment company: "Fewer and fewer use cases" for bitcoin payments

perth_map

Stripe, the company which helps over 100,000 businesses successfully perform online financial transactions, is to round off its almost four-year support for Bitcoin payments . Stripe said it will still remain open about Bitcoin: we will still keen monitoring what's happening. In the meantime, Stripe has grown into a major force with a $US9.2 billion ($11.5 billion ) valuation, and bitcoin seems more important than ever. Read More »

Man arrested for wearing all his clothes to avoid excess baggage fee

perth_map

British Airways said that Mr Williams had hand luggage but had not paid for a bag to go in the hold. "The decision to deny boarding was absolutely not based on race". Adding more to the woes, he was denied again by EasyJet staff the next day. He was subsequently prevented from boarding an easyjet flight while adopting a similar approach the next day, as, according to the airline, the captain and crew said they had concerns about his previous behaviour, making him ineligible for a refund. Read More »

McDonald's plans for fully recycled packaging by 2025

perth_map

McDonald's Corp. has announced that it has set goals to use only environmentally friendly packaging by 2025 and offer recycling in every location across the globe by the same year. McDonald's would be one of the companies affected most by a 25p latte levy on disposable cups , proposed by MPs on the Environmental Audit Committee, this month. Read More »

Walmart raises starting wages

perth_map

The increase in Walmart's starting wage rate to $11 an hour will become effective in the February 17 pay cycle. Walmart said that the one-time bonus will be given to all eligible full and part-time hourly US employees. The retailer has spent about $2.7 billion to increase wages over the past few years. The one-time bonus represents an additional payment to associates of approximately $400 million in the current fiscal year, which ends January 31, 2018. Read More »

Oil Prices Close To Three Year Highs

perth_map

The American Petroleum Institute reports its weekly inventories numbers this afternoon, followed by the government's official report tomorrow morning. Traders said the gains were due to a slight decline in the number of US rigs drilling for new production. Some analysts have said a rise in US shale oil production could discourage OPEC and Russian Federation to maintain their deal to curb supply until the end of the year for fears of losing market share. Read More »

Google Memo Author Sues, Claiming Bias Against White Conservative Men

perth_map

James Damore , the Google employee who was sacked after circulating an anti-diversity memo last August, isn't over his dismissal apparently as he has now filed a lawsuit against his former employer. Google Chief Executive Officer Sundar Pichai said when Damore was sacked that portions of his memo "violate our Code of Conduct and cross the line by advancing harmful gender stereotypes in our workplace". Read More »

Water Main Break At JFK Airport Causes Flood, Soaks Baggage Claim Area

perth_map

The Port Authority of NY and New Jersey said a water pipe that feeds the terminal's sprinkler system broke around 2 p.m. A succession of flights had been cancelled and thousands of passengers stranded before the incident, adding to a tense situation in a terminal that had already seen scuffles and hours-long waits at baggage claim to retrieve belongings. Read More »

Ford to offer diesel version of best-selling F-150 pickup truck

perth_map

Customers who tow heavy loads over long distances will see the most benefit from the powertrain, according to Eckert, but its wide torque band could have a similarly wide appeal. The transmission is now available on the gas-powered F-150 and Expedition SUV . That shaved as much as 700 pounds off the weight of prior-generation F-150 models. Read More »

Virat & Anushka enroute to South Africa

perth_map

In December 2016, the cricketer Kohli and B-town actress Anushka Sharma shared their dance together at Yuvraj Singh and Hazel Keech wedding reception. She completed the heavy dress with simple studs on her ears, a diamond neck-piece and traditional choora. Hubby Virat wore a navy velvet bandhgala which he paired with a pair of white trousers and brown shoes. Read More »

Wisconsin Badgers named to Canada's Olympic hockey team

perth_map

She has won three silver medals at the World Championship (2015, 2016, 2017), while also winning back-to-back gold medals at the World Women's U18 Championship (2012, 2013). The Canadian Women's Olympic Hockey Team also features: 14 players who won the gold medal at the 2014 Olympic Winter Games in Sochi, Russia; six players who won the gold medal at the 2010 Olympic Winter Games in Vancouver, B.C.; and one player who won the gold medal at the 2006 Olympic Winter Games in Turin, Italy. Read More »

Bitcoin cash deals frozen as Coinbase investigates possible insider trading

perth_map

Bitcoin is facing a major threat as a cloned cryptocurrency that shares its name and many of its key features launched on one of the largest cryptocurrency exchanges, sending Bitcoin prices tumbling. Bitcoin tumbled by 15 per cent on Wednesday after it reached record highs of over $19,850 (£14,811) on Monday. According to media reports, Coinbase fears its own workers might have exploited the exchange's foray into the cryptocurrency. Read More »

Salvation Army short 20000 toys and $600K

perth_map

The thief's bad behavior inspired Jones to replace the stolen money with a $200 donation. People's Credit Union was happy to once again participate in the Rhode Island Salvation Army's Angel Tree Program, which was coordinated by the Credit Union's Community Enhancement Committee. Read More »

Facebook Snooze lands in time to avoid Star Wars spoilers

perth_map

Facebook is one of those places where sometimes we feel bad for unfriending people, even if their posts annoy us. "With Snooze , you don't have to unfollow or unfriend permanently, rather just stop seeing someone's posts for a short period of time", Facebook Product Manager Shruthi Muraleedharan said in a blog post . Read More »

Inside the 30000-Square-Foot Starbucks Reserve Roastery in Shanghai

perth_map

Major attractions of the new 2,700 square-meter espresso wonderland include a two-story copper cask, three different coffee bars, an integrated augmented reality (AR) experience, and a 3D printed tea bar. One of its three coffee bars is 88-feet long, the longest Starbucks bar in the world - because waiting in line is so 2016. Starbucks sees China surpassing the U.S.as its largest market within a decade as it counts on the country's affluent consumers to offset stagnant growth in the rest of ... Read More »

GDP recovers, grows at 6.3% in July-September quarter

perth_map

Manufacturing grew 7% while agriculture growth was 1.7%, down from 2.3% in the trailing quarter. Jaitley said the Goods and Services Tax ( GST ) started with different tax rates and they have rationalised rates on many items. "Indias economic stress continues; GDP far below at 6.3 pc compared to 7.5 pc of Q2 of a year ago! - a close scrutiny reveals the real picture of the economic mess created by BJP Government", he said in a statement. Read More »

Uber hacked, didn't say a word for a year

perth_map

The heist took the names, email addresses and mobile phone numbers of 57 million riders around the world. " Uber CEO Dara Khosrowshahi's statement that there is no excuse for what happened and Uber will be putting integrity and trust at the core of every business decision is a welcome message", he said. Read More »

Rahul Gandhi set to replace mum as Congress chief

perth_map

Here are five points from Sonia Gandhi's speech in the CWC meeting that you should know. Congress President Sonia Gandhi on Monday blamed the Narendra Modi government for "erasing contributions" of former Prime Ministers Jawaharlal Nehru and Indira Gandhi to the nation. Read More »

Get Hulu For Free With New Sprint Unlimited Plan

perth_map

T-Mobile offers free Netflix , AT&T offers free HBO - and now its Sprint's turn to partner with a major video platform. Yesterday, we told you that Wave7 Research had published a report, stating that Sprint would offer free Hulu to its unlimited customers . Read More »

Best Black Friday TV Deals 2017

perth_map

It's beginning some online deals Thursday and plans to offer most of its Black Friday deals online starting at 12:01 a.m. ET on Thanksgiving. The company said the majority of its deals - ranging from $1.96 movies to $125 smart TVs to $249 iPads - will be available online as well as in stores. Read More »

Ford Recalling 1.3 Million Pickups Over Door Issue

perth_map

The f-150 pickup has been the bestselling vehicle in the country for decades. The bulletin told dealers to install a rain shield to address the problem . Despite the hit, Ford said that it still expected to earn between $1.65 and $1.85 per share for the full year. In September 2016, Ford said it was taking a $640 million charge for its expanded side-door latch recalls. Read More »

LaMarcus Aldridge signs 3-year extension with Spurs, report says

perth_map

Assuming relative health, that contract will start at $37.8 million and brings the Spurs to $91.5 million committed to just four players: Leonard, Aldridge, Pau Gasol ($16 million, $4.7 million guaranteed), and Patty Mills ($12.7 million). After a poor postseason and a reported disagreement with head coach Gregg Popovich , Aldridge was subject to criticism, leading to trade talks this off-season. Read More »

Canada police probe car and knife attack as terrorism

perth_map

According to the Canadian Press, Sharif is a Somali refugee who was once investigated for allegedly espousing extremism. Around 8:15 p.m. on Saturday, Const. The chase continued until police forced the truck to crash on its side. This raised doubts in the mind of the police and the driver sensed trouble. After an attack in Edmonton, Regina police and the Saskatchewan RCMP are telling the public there are no known threats made by individuals in the province. Read More »

US Auto Makers Step Up Plans for Electric Vehicles

perth_map

The company also pledged to start producing hydrogen fuel cell vehicles for commercial or military use in 2020. GM is intentionally being vague about its plans for switching to an all-electric powertrain strategy, but it is clearly planning to amp up its offerings in the relative near-term. Read More »

Air France flight with engine damage makes emergency landing

perth_map

The plane was about an hour off the coast of Canada when the incident occurred, Miguel Amador, a passenger on the flight, said. Another passenger Daniel McNeely tweeted "one of our engines is slightly blown apart", before posting a picture of the shredded engine taken from inside the plane's cabin. Read More »

Westbrook Signs 5-Year Extension With Thunder

perth_map

The 28-year-old superstar's whopping contract comes a little over a year after Kevin Durant bailed to join the Golden State Warriors and people can't help but believe there's no mistake he chose to sign on his former teammate's birthday. Read More »