Money

Mark Zuckerberg Promises Radical Ad Transparency as Facebook Profit Rockets

Mark Zuckerberg Promises Radical Ad Transparency as Facebook Profit Rockets

Shares were down 2.5 percent during trading hours on Thursday. The company reported third-quarter net income of $4.7 billion, or $1.59 a share, compared to $2.63 billion, or 90 cents a share, in the year-ago period. The latest data on Instagram is on top of the estimated 126 million Americans exposed to Facebook posts from Russian entities seeking to create divisions during the election campaign. Read More

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Wells Fargo hit by legal costs, revenue misses Street view

Wells Fargo hit by legal costs, revenue misses Street view

Wells Fargo & Co's earnings per share for the third quarter of 2017 also didn't do WFC stock any favors today. Moreover, Trustmark Commercial Bank Tru Department has 0.65% invested in Wells Fargo & Co (NYSE: WFC ). The state of OH decided this week to extend a ban on working with the bank, and lawmakers are questioning whether Wells Fargo has paid a big enough price for its misdeeds. Read More

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Retail Roundup-Macy's leans on Bluemercury; Amazon testing delivery service

Retail Roundup-Macy's leans on Bluemercury; Amazon testing delivery service

Amazon has invested heavily in its logistics network over the years and taken on losses to build it out. The news had a negative effect on the shares of Amazon's long-time delivery partners United Parcel Service Inc . That centralized approach can create logjams, particularly during the busy holiday shopping season. "Seller Flex would also give Seattle-based Amazon more visibility into the warehousing and delivery operations of its merchant partners, potentially helping it make full use of ... Read More

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NFL Sunday night ratings down amid kneeling protest

NFL Sunday night ratings down amid kneeling protest

For last night's game between the Dallas Cowboys and Arizona Cardinals , the Monday Night Football game received a 9.3 overnight rating for ESPN . Conservatives are celebrating the overnight ratings decline of NBC's Sunday Night Football , but a look inside the numbers reveals that ratings were down because the game was lopsided, and not related to the anthem protest. Read More

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Tokyo Governor announces creation of national party

Tokyo Governor announces creation of national party

Japan's Defense Minister Tomomi Inada also resigned in late July under pressure about a series of missteps that led to a decline in public support for Abe. Should he secure a fourth term in office, Abe's agenda would push forward a raise in sales taxes to 10% from 8%, the revenue from which would be directed into child care and education spending rather than working to pay off the country's debt. Read More

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China Moves To Limit Fuel, Textile Trade With North Korea

China Moves To Limit Fuel, Textile Trade With North Korea

General Assembly, said sanctions were needed to bring Pyongyang to the negotiating table and force it to give up its nuclear weapons, but Seoul was not seeking North Korea's collapse. The majority of North Korea's oil likely comes from China, but the exact tally of oil exports remains unknown, as Beijing has not published such data since 2014. Read More

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Toys R Us lays out post-bankruptcy strategy

Toys R Us lays out post-bankruptcy strategy

Photo Toys "R" Us said it would continue to operate its stores "as usual" during bankruptcy proceedings. Toys "R" Us Inc ., the once-dominant specialty retailer and ultimate toyland for a generation of post-war baby boomers, filed for bankruptcy thanks to a crushing debt load from a previous buyout and relentless competition from warehouse and online retailers. Read More

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CCleaner Hacked Infecting Millions with Backdoor Malware

CCleaner Hacked Infecting Millions with Backdoor Malware

The affected version of CCleaner included code that installed malware capable of downloading and executing malicious programs on the affected system. This came after security researchers at Cisco Systems Inc and Morphisec Ltd alerted Piriform's parent Avast Software of the hack last week. With this backdoor, hackers gained access to the data and were hooking onto them. Read More

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Equifax profits by selling your personal data to marketers

Equifax profits by selling your personal data to marketers

The credit monitoring company's call centre staff say that Canadians who have Equifax accounts in the US could be at risk of having their data compromised, such as those who have lived, worked or applied for credit south of the border. Is there another story you'd like us to VERIFY? You can request the three credit rating agencies to freeze your credit . Start with putting a freeze on your credit. Read More

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Jaguar's FUTURE-TYPE Concept is an

Jaguar's FUTURE-TYPE Concept is an "On-Demand" Car

What we do know is that the first fully electric vehicle will be the Jaguar I-Pace. No other reproduction or distribution is permitted without prior written consent. A fully autonomous virtual concept, the Future Type explores tomorrow's mobility, where vehicles could be shared not owned. Earlier this year both the United Kingdom and France outlined plans to ban the sale of diesel and petrol-fuelled cars by 2040. Read More

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Cabinet reshuffle underway? Uma Bharti, 3 others quit, more likely to go

Cabinet reshuffle underway? Uma Bharti, 3 others quit, more likely to go

Railway Minister Suresh Prabhu had also hinted to have offered to resign after Kalinga-Utkal Express crash but was asked to "wait" by the Prime Minister. Pandey's exit was rumoured over the past few days after he was appointed as the Uttar Pradesh BJP chief. Sources within the BJP said it was confirmed in the meet to relieve Jaitley of the Defence charge, which he has been handling along with Defence. Read More

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Gas suppliers rush fixes as prices rise

Gas suppliers rush fixes as prices rise

Benchmark U.S. gasoline prices have risen more than 15 percent since the storm began, but in trading Friday the contract for October delivery lost 1 percent, the first decline in five days. The company shut it down as a precaution, in case Harvey damages its infrastructure in the southeast. The price spike is more dramatic in some states such as Georgia, where the average cost per gallon of regular gas has climbed from $2.22 a week ago to $2.39 now. Read More

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