Money

United Kingdom new auto market declines for 12th consecutive month

United Kingdom new auto market declines for 12th consecutive month

Sales of diesel cars have plummeted in the United Kingdom as "economic and political uncertainty" over the government's air quality plans are dampening confidence, according to the motor industry's trade body. All new diesels have been subjected to a one-band increase in the first-year vehicle excise duty rate since Sunday. However, almost 720,000 new high-tech, low-emission cars left forecourts in the first quarter of 2018 as consumers took advantage of competitive offers, meaning last ... Read More

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Winter storm watch bringing snow to southeast Saskatchewan

Winter storm watch bringing snow to southeast Saskatchewan

A Bellmore woman shoveling snow died of a heart attack Thursday, authorities said, and a motorist was killed in a Wantagh State Parkway crash Wednesday. But city schools reopened Thursday, even as a few dozen schools across the area chose to declare another snow day. The storm also cut power to than 90,000 customers from the mid-Atlantic to New England, including 87,448 in New Jersey, 3,614 in NY and 2,967 in Delaware. Read More

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Amazon considers buying some Toys 'R' Us stores

Amazon considers buying some Toys 'R' Us stores

The Topeka Toys "R" Us is expected to start slashing prices soon as it prepares to close its doors for good. My wife and I still own the Monopoly set we bought-at Toys R US-when we were in college. I wanted to go in and have someone I could speak to and touch products and compare, said Heather Young, a mother of a 6-week-old child. Within the next week or two, the company will begin selling off their inventories at a discount. Read More

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Fed announces U.S. rate increase

Fed announces U.S. rate increase

Voting for the FOMC monetary policy action were Jerome H. Powell, Chairman; William C. Dudley, Vice Chairman; Thomas I. Barkin; Raphael W. Bostic; Lael Brainard; Loretta J. The Fed announced it will raise the benchmark Fed funds rate to a range between 1.5% and 1.75%. The central bank is trying to balance a low unemployment rate with the potential for higher inflation. Read More

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United Airlines calls dog's death in overhead bin a 'tragic accident'

United Airlines calls dog's death in overhead bin a 'tragic accident'

The actions came after a United flight attendant insisted that the bulldog's owner, Catalina Robledo, put her pet, which was in a dog carrier case, in an overhead storage bin during a 3-1/2-hour flight from Houston to NY on Monday. In a statement, United spokesperson Maggie Schmerin said the airline is "thoroughly investigating" what happened so that it never happens again. They're trained to know what's safe and not safe during flight. Read More

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Microsoft to deliver cloud services from new regional datacenters

Microsoft to deliver cloud services from new regional datacenters

In Germany , Microsoft's additional investments aim to help empower more organisations and businesses in Germany and across the globe to digitally transform with cloud services. We have long-standing expertise and deep local relationships in the Middle East. Microsoft, which now has 42 Azure cloud regions, is racing Amazon Web Services to add new areas as both companies aim to store information and applications closer to customers. Read More

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Google to ban advertisements for cryptocurrencies soon

Google to ban advertisements for cryptocurrencies soon

Google introduced new technology a year ago that allows it remove Google ads from pages rather than a whole site, a move that has seen it penalise more than 2 million web URLs every month. The move affects all of Google's ad products, meaning companies will not be able to serve crypto-related ads on the search engine giant's own sites, as well as third-party sites in its network. Read More

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Twitter Wants to Verify All Users as a Way to Prove Identity

Twitter Wants to Verify All Users as a Way to Prove Identity

The plan is to open up verification to everyone - and Twitter will not be acting as judge and jury. By withholding verification under some arbitrary measure of "importance", Twitter implied that verified users were important. Within the a year ago, Twitter has drawn national media attention and heightened scrutiny from members of Congress over attempts by foreign users to meddle in the 2016 presidential election, efforts to harass and abuse other users, and the abundance of automated ... Read More

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Goldman Sachs CEO Lloyd Blankfein is reportedly prepping his exit

Goldman Sachs CEO Lloyd Blankfein is reportedly prepping his exit

Lloyd Blankfein is preparing to exit the firm as soon as year end. Blankfein, who has been Goldman's CEO and chairman for roughly 12 years, has always been rumored to be considering his retirement prospects. It struggled to make money in trading during an era of low interest rates and tight regulation, and drew scorn from some prominent critics. Mike Mayo, a bank analyst at Wells Fargo & Co., said the bank has four good contenders as CEO a year from now. Read More

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Broadcom's attempt to take over Qualcomm has been delayed by U.S. investigation

Broadcom's attempt to take over Qualcomm has been delayed by U.S. investigation

Qualcomm has pushed back a shareholder meeting that would have determined the fate of a takeover attempt by Broadcom , following a request by the Committee on Foreign Investment in the United States (CFIUS). Weeks of thrust and parry, along with tactical public statements , have left the companies' boards at odds over the unsolicited offer. Broadcom has urged Qualcomm shareholders to elect all six of its nominees to the board, sending "a clear signal" supporting the takeover bid ... Read More

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Stakes High In The 3 North East States

Stakes High In The 3 North East States

Tripura went to polls on February 18, while elections were held in Meghalaya and Nagaland on February 27. Though the strength of each of the Assemblies in the three states is 60 members, voting was held for 59 constituencies in all of them, for different reasons. Read More

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Drunk man takes $1600 Uber from West Virginia to New Jersey

Drunk man takes $1600 Uber from West Virginia to New Jersey

The base fare was $3.94, the booking fee was $2.35 and it cost $696.95 for distance. "The dude who was Ubering me home picked up my phone when I was asleep and answered the Facetime call and said 'Nah, dude". It sure sounds like something Silicon Valley's Bachman might do. Kenneth Bachman has! He's a guy who had too good a time and paid the price for it, literally! He says he tried to challenge the fare with Uber but ended up paying it. Read More

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Union fee case draws protestors to Supreme Court

Union fee case draws protestors to Supreme Court

Napolitano predicted the unions will lose by a close 5-4 vote and believes Justice Neil Gorsuch will be the deciding vote. At the core of the Janus case is whether the $45 monthly fee he contributes to his union that goes toward contract negotiations involving salary and other benefits for government employees is inherently political. Read More

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PNB fraud: Passports of Nirav Modi, Mehul Choksi revoked

PNB fraud: Passports of Nirav Modi, Mehul Choksi revoked

Modi is said to have defrauded Punjab National Bank , India's second largest state-run bank, of 1.8 billion US dollars, though he has said that he owed the bank only 775 million USA dollars, in a letter sent to the bank's management. "The questioning happened in Mumbai ", said CBI officer. The fresh exposure provided Congress President Rahul Gandhi an opportunity to attack Prime Minister Narendra Modi, saying that like Vijay Mallya and Nirav Modi, these promoters have also disappeared ... Read More

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Marathon Petroleum Corporation (MPC) - Stock Bulletin

Marathon Petroleum Corporation (MPC) - Stock Bulletin

Microsoft Corporation (NASDAQ:MSFT) has risen 34.52% since February 22, 2017 and is uptrending. It has underperformed by 16.70% the S&P500. Marathon Pete Corp now has $32.30 billion valuation. After $1.05 actual EPS reported by Marathon Petroleum Corporation for the previous quarter, Wall Street now forecasts -36.19% negative EPS growth. Therefore 50% are positive. Read More

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Amazon gives Prime members 5% back on Whole Foods purchases

Amazon gives Prime members 5% back on Whole Foods purchases

Non-Prime members won't be left out in the cold, though, as they're still eligible to earn 3% back on Whole Foods Market purchases when using the Amazon Rewards Visa Card . After the acquisition a year ago, Amazon Worldwide Consumer CEO Jeff Wilke said that the company is planning to "make Amazon Prime the customer rewards program at Whole Foods Market". Read More

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