Markets

Investors Uninspired by Wal-Mart's (WMT) Modest Earnings Beat

Investors Uninspired by Wal-Mart's (WMT) Modest Earnings Beat

The stock of Wal-Mart Stores Inc (NYSE: WMT ) has "Overweight" rating given on Friday, January 8 by JP Morgan. The firm owned 98,401 shares of the retailer's stock after buying an additional 580 sha...

by · Markets
Uber Sorry for Philippines 'Misunderstanding', but Suspension Stands

Uber Sorry for Philippines 'Misunderstanding', but Suspension Stands

Up for grabs are the more than 300,000 internet-based bookings per day cornered by TNC main players Grab and Uber. He said that it was also agreed that a new regulatory framework needs to be dev...

by · Markets

Wall Street falls as investors flee risk on N. Korea concerns

The S&P 500 gained 3.11 points, or 0.1%, to end at 2,441.32, supported by gains in consumer-discretionary, technology and health-care sectors. The Swiss franc eased about 0.2 percent to 0.9658 per d...

by · Markets
Where is Guam and why would North Korea attack it?

Where is Guam and why would North Korea attack it?

Tillerson said Trump was trying to send a strong and clear message to North Korea's leader so that there wouldn't be "any miscalculation". An index of stocks across the globe slipped on Tuesday af...

by · Markets
Kylie Jenner will have a $1 billion beauty brand by 2022

Kylie Jenner will have a $1 billion beauty brand by 2022

She told WWD: "I want to step into that world, which is challenging". She said: "I do have limits as a boss". Once they launched with Seed a year and a half ago, they've gone from a limited test ru...

by · Markets
British Gas electricity price hike the 'ultimate slap in face' for families

British Gas electricity price hike the 'ultimate slap in face' for families

For a typical household on dual fuel, that means that the average annual bill will increase by 7.3 per cent or £76. It was titled "Why we've had to raise electricity prices - our first increase si...

by · Markets

Tesla Model 3 Performance Version Due Next Year

Tesla has said the Model 3 is not meant to be a replacement for the Model S, nor an improvement over it. The compact Model 3 may not entice a global market that's increasingly shifting to SUVs, i...

by · Markets
Rory McIlroy SACKS caddie JP Fitzgerald to end nine-year relationship

Rory McIlroy SACKS caddie JP Fitzgerald to end nine-year relationship

It definitely helped. It kept me positive. The 28-year-old won there in 2014, the year he won The Open and the PGA Championship on his way to the world No1 ranking. McIlroy ultimately finished in...

by · Markets
The most notable firings and resignations in the Trump White House

The most notable firings and resignations in the Trump White House

In a tweet , Trump thanked Priebus for his service. President Trump just announced that Reince Priebus is no longer White House chief of staff. "I'm not Steve Bannon , I'm not trying to su...

by · Markets
Alexa, can you save Sears? Sears to sell Kenmore appliances on Amazon

Alexa, can you save Sears? Sears to sell Kenmore appliances on Amazon

The Kenmore Smart air conditioner are available up to a capacity of 18,000 BTU. As well as Alexa integration, there's also a Kenmore Smart app for smartphones which can be used remotely to adjust temp...

by · Markets
Official Haseena Parkar trailer is out!

Official Haseena Parkar trailer is out!

At the trailer launch, the filmmaker revealed that Sonakshi Sinha was first approached to essay the character of Haseena Parkar , underworld don Dawood Ibrahim's sister. "She has been working so hard...

by · Markets
Dark net markets AlphaBay and Hansa shut after huge global police sting

Dark net markets AlphaBay and Hansa shut after huge global police sting

AlphaBay had 200,000 members and 40,000 vendors who posted over 100,000 listings for stolen identification documents, access devices, and hacking tools, along with 250,000 listings for illegal drugs....

by · Markets
House Looking at Moving Its Own Sanctions Bill, Adding North Korea

House Looking at Moving Its Own Sanctions Bill, Adding North Korea

Democrats rejected the suggestion as another tactic by Republicans supporting White House objections to the bill. In a recent interview , Trump said of the Russia scandal, "I think what's h...

by · Markets
The world's largest lithium ion battery will be built in SA

The world's largest lithium ion battery will be built in SA

Tesla today began the first steps in making Elon Musk's South Australian promise come true, as they confirmed that they are beginning to produce the world's largest lithium-ion battery in Sout...

by · Markets
Britvic Plc 1.3% Potential Decrease Indicated by JP Morgan Cazenove

Britvic Plc 1.3% Potential Decrease Indicated by JP Morgan Cazenove

It is positive, as 48 investors sold Anglo American plc shares while 206 reduced holdings. NGD's profit would be $11.44M giving it 37.38 P/E if the $0.02 EPS is correct. Liberum Capital has "Sell" rat...

by · Markets
The Economy Just Added 222K New Jobs

The Economy Just Added 222K New Jobs

But Wright of iCIMS notes that the U6 rate has been declining quickly and the difference between it and the headline U3 unemployment rate is nearly back to the 1994-2007 average - another sign that ...

by · Markets
Heather Watson to face Victoria Azarenka in Wimbledon round three

Heather Watson to face Victoria Azarenka in Wimbledon round three

Sevastova looked out of ideas, with Watson giving short shrift to her favoured drop shots, but the British player's level dropped a little at the start of the second. "She stepped up in the second set...

by · Markets
Gasoline Prices Hit a Pre-July 4th Dip

Gasoline Prices Hit a Pre-July 4th Dip

Summer is a time when gas prices typically increase in costs, but motorists across New England are continuing to see declines as a result of increased level of both gasoline and crude oil production. ...

by · Markets

Serge Ibaka reaches three-year, $65 million deal to stay with Toronto

Ibaka's previous contract signed in 2013 was a four-year deal worth only $49 million. The athletic big man's deal, which can't be finalized until the NBA's moratorium on free agent signings is lifte...

by · Markets
China issues warning to Hong Kong pro-democracy campaigners

China issues warning to Hong Kong pro-democracy campaigners

Recurrent in the images are the themes of nationalism versus colonialism, justice and freedom under Beijing's control, and the color red, a symbol of good fortune and Beijing support. " Hong Kong has...

by · Markets
Brexit deal will not 'shut down' immigration, vows Chancellor

Brexit deal will not 'shut down' immigration, vows Chancellor

EU's chief negotiator Michel Barnier said he hoped they could agree on a format and timetable on Monday. While Barnier insists on the "sequencing" of talks, so that trade negotiations can not start...

by · Markets
Major US banks would withstand recession: Federal Reserve

Major US banks would withstand recession: Federal Reserve

According to the stress tests, the 34 largest American banks would incur almost 383 billion US dollars in loan losses during the most severe scenario where the unemployment rate will rise to 10 percen...

by · Markets

Justices Say Law On Offensive Trademarks Is Unconstitutional

The case before the justices concerned a trademark registration application for a band called The Slants . But the Federal Circuit, ruling on the Slants' case in December 2015, overturned that pr...

by · Markets

Amazon To Acquire Whole Foods Market For $13.7 Billion

Grocery stocks took a hit Friday morning on news of the pending merger agreement. Target Corp.'s stock fell to $50.30, down more than 9 percent. Kroger, which had been rumored late a year ago to be ...

by · Markets

US Inflation Demurs as Fed Hike Expected

The U.S. Labor Department said Wednesday that the consumer price index edged down 0.1% last month following a small 0.2% increase in April. Most retail names are down roughly 1 percent on the weak...

by · Markets

Shale oil boom to hurt OPEC well into 2018

In its regular Monthly Oil Market Report , OPEC said its May crude output pace rose by 336,000 barrels per day to just over 32.1 million. Analysts estimated, on average, that crude stocks fell ...

by · Markets

Kane rescues draw for England against Scotland in qualifying

However, Strachan said he was "too exhausted to think about where we are, I just want to go home". As always, Twitter had something to say about Hart's unusual choice of head-wear and well, we weren...

by · Markets
UK Conservatives need to deliver an

UK Conservatives need to deliver an "open" Brexit - Scotland leader

The DUP is the reason why Northern Ireland is the only part of the United Kingdom without same-sex marriage. Striking a noticeably more conciliatory tone than Mrs May, Ms Davidson said Labour's ca...

by · Markets
Youssef Zaghba identified as third suspect in London Bridge terror attack

Youssef Zaghba identified as third suspect in London Bridge terror attack

Butt, a father-of-two who appeared on Channel 4 documentary The Jihadis Next Door , was also reported to the anti-terror hotline in 2015 for showing signs of "extremism or radicalisation". Assistan...

by · Markets
The Top Three Holders Of Barrick Gold Corporation (ABX)

The Top Three Holders Of Barrick Gold Corporation (ABX)

At Bulyanhulu and Buzwagi , the combined direct impact of the ban on our exports of concentrates is the average daily loss of revenues of more than US$1 million. Finally, Gemmer Asset Management LL...

by · Markets

Warriors become just the 5th team to start NBA playoffs 10-0

The Spurs have listed forward Kawhi Leonard as questionable for Saturday's Game 3 against the Warriors at the AT&T Center . That's just the way we always feel. "I've been at practice, just wa...

by · Markets
Second helping of Twickenham glory for Scotland Sevens

Second helping of Twickenham glory for Scotland Sevens

U.S. would later turn the tables on South Africa, winning 24-12 as both sides eased through from Pool A to the Cup quarters. Scotland took on a New Zealand side that were unbeaten on day one and w...

by · Markets

AT and T workers strike local retail stores

Johnson believed the strike would not involve those employed at the AT&T call center at The Highlands, and that only AT&T Mobility workers - the cellphone sales clerks at AT&T stores - would be ...

by · Markets

EIA lowers forecasts for oil prices

US West Texas Intermediate (WTI) crude futures were at $47.57 per barrel, up 24 cents, or 0.5 per cent from the last settlement. The oil nations decided late past year on an output cut of 1.8 millio...

by · Markets
United Nations urges end to mistreatment of Palestinian prisoners

United Nations urges end to mistreatment of Palestinian prisoners

Trump himself cast uncertainty over years of global efforts to foster a two-state solution when he met Israeli Prime Minister Binyamin Netanyahu at the White House in February. In a statement marking...

by · Markets