Finance

Jeff Bezos tops Forbes' billionaires list; Trump's rank drops

Jeff Bezos tops Forbes' billionaires list; Trump's rank drops

Amazon's shares have almost doubled from 846 dollars a share last March to 1,523 dollars per share last night. Mr Trump, the first billionaire president , stepped away from his businesses when he e...

by · Finance
Congress chief Rahul Gandhi joins TDP protest at Jantar Mantar

Congress chief Rahul Gandhi joins TDP protest at Jantar Mantar

The protest on Tuesday was a continuation of the protest on Monday, where both Houses of Parliament had to be adjourned after MPs started slogans asking for the demands of the state to be met. "The su...

by · Finance
Walmart adds prepared meals to stores

Walmart adds prepared meals to stores

The meal-kit industry has been expanding rapidly in recent years and is on track to grow to between $3 billion and $5 billion over the next 10 years. Walmart's convenience meal options serve two peo...

by · Finance
SpaceX carries out 50th launch of Falcon 9 rocket

SpaceX carries out 50th launch of Falcon 9 rocket

The rocket deployed a US-built commercial communications satellite owned by Spanish firm Hispasat; the satellite, dubbed Hispasat 30W-6 weighs 13,400 pounds (about 6,078 kg) - roughly the size of a ...

by · Finance
Delta Might End All 'Politically Divisive' Group Discounts

Delta Might End All 'Politically Divisive' Group Discounts

Delta previously said it has more than 2,000 group discount contracts. The airline ended a discount for the NRA after the school shooting in Florida. The day before Delta announced it would rec...

by · Finance
S&P 500 erases early plunge; Dow drops

S&P 500 erases early plunge; Dow drops

Eastern time. It's on pace for a loss of 2.5 percent this week, which would be its third decline that severe in the last five weeks. Petroleum-linked equities fell sharply following a bearish U.S. S...

by · Finance
Hundreds of flights cancelled at NJ, NY, Philly airports by storm

Hundreds of flights cancelled at NJ, NY, Philly airports by storm

ScotRail was forced to axe all but four services while Glasgow and Edinburgh airports will close this evening. Here is a list of some of the United Kingdom airport Twitter pages where readers ca...

by · Finance
Fed's Powell sends global stocks reeling to five-day low

Fed's Powell sends global stocks reeling to five-day low

But in remarks at an event in Sao Paulo, Brazil, New York Fed President William Dudley said "gradual" could still apply to a scenario in which borrowing costs were raised four times this year, instead...

by · Finance
Farewell PyeongChang: The 2018 Winter Olympics in Review

Farewell PyeongChang: The 2018 Winter Olympics in Review

The Pyeongchang Games officially ended with the traditional raising of the Greek flag, the lowering of the Olympic flag and the Beijing 2022 flag handover ceremony before the Olympic flame was extingu...

by · Finance
Storm Emma puts paid to holidaymakers' plans at Bristol Airport

Storm Emma puts paid to holidaymakers' plans at Bristol Airport

While there will be no flights taking off or landing at Dublin Airport today, it will remain open, with snow and ice clearing crews still working, according to the Dublin Airport Authority's spoke...

by · Finance

Empire State Realty Trust Inc (ESRT) Needle Moving -1.26%

It has underperformed by 6.11% the S&P500. Since December 13, 2017, it had 0 buys, and 2 sales for $165.18 billion activity. The companyÂ's stores offer a selection of food, including freshly prepar...

by · Finance
Biennial Elections to the Council of States (Rajya Sabha) on March 23

Biennial Elections to the Council of States (Rajya Sabha) on March 23

Polling will be held in the state assembly from 9am to 4pm on March 23 and the counting of votes would begin there soon after from 5pm. The seat has fallen vacant following the resignation of Veeren...

by · Finance
Oriental Bank of Commerce plunges on alleged fraud

Oriental Bank of Commerce plunges on alleged fraud

In the latest FIR, CBI has alleged that Oriental Bank of Commerce sanctioned a loan amounting to Rs 148.59 crore to Simbhaoli Sugars in December 2011 after the company approached it with a proposa...

by · Finance
Dunkin' Donuts announces new Girl Scout cookie-flavored coffees

Dunkin' Donuts announces new Girl Scout cookie-flavored coffees

For those who can't get enough Girl Scout Cookies - now you can enjoy some of those classic flavors in your coffee. The new flavors are set to hit Dunkin' locations Monday and run through May. I...

by · Finance
Man intentionally drives car into Connecticut hospital, sets himself on fire

Man intentionally drives car into Connecticut hospital, sets himself on fire

Hite says he has trained his colleagues here at the hospital for emergency situations, but you can never truly prepare to have auto drive they the waiting room door and light on fire. Additional polic...

by · Finance
U.S. tax reform, litigation costs push Barclays into red

U.S. tax reform, litigation costs push Barclays into red

It posted an attributed loss of £1.9 billion for the year against a profit of £1.6 billion in 2016 after previously announced losses of £2.5 billion from the sale of Barclays Africa Group . However, ...

by · Finance
Oil weighed by U.S. crude exports lower crude stocks prevent bigger fall

Oil weighed by U.S. crude exports lower crude stocks prevent bigger fall

Crude Oil WTI futures for April delivery were trading at $62.88 a barrel in Asia by 06:38 am GMT, up 0.18%. Brent crude futures fell 42 cents, or 0.6 percent, from their last close to $65 per bar...

by · Finance
Microsoft co-founder Bill Gates has no idea what groceries cost

Microsoft co-founder Bill Gates has no idea what groceries cost

Gates admitted he hadn't been to a supermarket in a while, and he proved it on his first guess, when he surmised that a $1 box of Rice-A-Roni costs $5. "They want me to go higher", he said, changing h...

by · Finance
Could Toys R Us be about to close a further 200 stores?

Could Toys R Us be about to close a further 200 stores?

The 200 store closings would be in addition to the approximately 170 USA stores where Toys R Us now is holding going out of business sales. Its remaining Louisiana locations are in Metairie, Baton R...

by · Finance
States Fight Back Against FCC's Orders to End Net Neutrality in April

States Fight Back Against FCC's Orders to End Net Neutrality in April

Though Oregon's proposal for its own net neutrality laws is a reassurance to those living in the state, it still leaves room for possible issues to arise, as there would still be no federal law for ...

by · Finance

Walmart halts Dow's six-day rally; S&P edges higher

The Dow Jones industrial average fell 0.5%, dipping slightly below the 50-day line. The Nasdaq composite slipped 5 points, or 0.1 percent, to 7,234. Other retailers and grocery store operators als...

by · Finance
Banks in South Korea to be encouraged to transact with crypto exchanges

Banks in South Korea to be encouraged to transact with crypto exchanges

Choe said the government will "encourage" banks to make transactions with cryptocurrency exchanges. On the Luxembourg-based Bitstamp exchange, bitcoin hit a three-week high of $11,722.58 BTC=BTSP...

by · Finance
Amazon's latest Prime perk: 5% cash back at Whole Foods

Amazon's latest Prime perk: 5% cash back at Whole Foods

So taken as a whole, Amazon now offers 5 percent back on Whole Foods and Amazon purchases, 2 percent back at restaurants, gas stations, and drugstores, and 1 percent back on all other purchases. And...

by · Finance
US Kills 100+ Russian Troops

US Kills 100+ Russian Troops

CNN identified several of the slain Russians on Tuesday; they were portrayed as a mixture of mercenaries and "ultranationalists". In response, USA forces called in a drone strike, destroying the ...

by · Finance
Uber's losses swell to RM18 billion in 2017

Uber's losses swell to RM18 billion in 2017

While Uber is still on the path of massive growth, the main reason why its revenue now continues to outpace its losses lies in the firm's aggressive cost-cutting efforts spanning various departments; ...

by · Finance
McDonald's cutting cheeseburgers and chocolate milk from Happy Meals

McDonald's cutting cheeseburgers and chocolate milk from Happy Meals

McDonald's nutritional changes are "a welcome next step", Margo Wootan, VP for nutrition at the Center for Science in the Public Interest, said in a statement , adding that other chains should follo...

by · Finance
6 things you should know about Chrome's new ad-blocker

6 things you should know about Chrome's new ad-blocker

The coalition surveyed more than 40,000 internet users in North America and Canada to find out which ads they considered most annoying. Others pay a flat amount, regardless of clicks or impressions. A...

by · Finance
Trump again seeks to slash Great Lakes funding

Trump again seeks to slash Great Lakes funding

The plan as outlined by the White House would cut existing funding for the Great Lakes Restoration Initiative, a program housed in the Environmental Protection Agency , from roughly $300 million to...

by · Finance
Kim Cattrall Slams Sarah Jessica Parker for Outreach After Brother's Death

Kim Cattrall Slams Sarah Jessica Parker for Outreach After Brother's Death

Cattrall's post linked to an article in the New York Post from October 2017. "Xx (sic)" It had come after Kim asked her followers for help in locating 55-year-old Christopher Cattrall after he...

by · Finance
Amazon Launches Grocery Delivery via Whole Foods

Amazon Launches Grocery Delivery via Whole Foods

An "ultra-fast" one-hour delivery option costs $7.99, again on purchases of $35 and above. The Amazon/Whole Foods service will be available through its Prime Now program in Austin, Cincinnati, Dal...

by · Finance
Jobless Rate Down, Labour Participation Rate Up In Windsor

Jobless Rate Down, Labour Participation Rate Up In Windsor

The board's modelling suggests the increase will reduce the number of jobs created in Ontario this year by roughly 40,000. Employment declines were seen across the field, from low-paying jobs in war...

by · Finance
Wall Street sinks again as bond yields rise

Wall Street sinks again as bond yields rise

Treasury yields, which were nearly flat in US afternoon trading, had climbed after the Bank of England said interest rates probably need to rise sooner, adding to expectations of reduced central bank ...

by · Finance
Germany's Schulz abandons plan to become foreign minister

Germany's Schulz abandons plan to become foreign minister

Last time there was such a poll, 76% voted yes; this time, that is likely to be lower, but the signs are that, despite significant scepticism, the coalition will still be signed off. But before anyo...

by · Finance
House Minority Leader Nancy Pelosi gives 8-hour speech on immigration

House Minority Leader Nancy Pelosi gives 8-hour speech on immigration

Rep. Pelosi delivered an 8-hour record-breaking House floor speech on Thursday about " dreamers " ahead of a vote on a long-term budget deal . Mrs Pelosi said her support for a new bill-a $300b...

by · Finance

Oil Reverses Lower As US Crude Production Hits 10 Million Barrels

The US Fed's indications of a higher interest rate, however, also resulted in a strengthened dollar. The Opec sees non-Opec production rising by 1.15 mbpd next year while the IEA sees a growth of ...

by · Finance