Money

Money Abe calls snap election in Japan, readies $18 billion package
Author: 0 Abe calls snap election in Japan, readies $18 billion package

Abe is seeking to take advantage of his close to 50 percent approval rating in recent public opinion polls. "One should not rule out the LDP actually maintaining its supermajority for two reasons: the opposition parties are in disarray and face a severe shortage of parliamentary candidates; and second, the combination of North Korea's nuclear ambitions and China's response to it plays well into Abe's fundamental and emotional popularity base".

Money Unilever to Buy Skincare Firm Carver Korea for $2.6B
Author: 0 Unilever to Buy Skincare Firm Carver Korea for $2.6B

The deal adds to Unilever's portfolio a company that previous year alone posted sales of €321 million and earnings before interest, taxes, depreciation and amortization of €137 million. Formed in 1999, Carver serves the North Asia region, supplying professional products to beauty salons. In this photo provided by AHC, cosmetics brand under Carver Korea, South Korean actress Lee Bo-young poses for a photo in front of a photo wall in Seoul on September 5, 2017.

Money Uber Signals It's Willing to Make Concessions to London
Author: 0 Uber Signals It's Willing to Make Concessions to London

The Sun newspaper reported past year that 32 sexual assault claims were made against Uber drivers in 2015/16, more than a fifth of all claims against taxi drivers filed to British police forces. "I fully support TfL's decision - it would be wrong if TfL continued to license Uber if there is any way that this could pose a threat to Londoners' safety and security".

Money Target to raise hourly minimum wage to $11 next month
Author: 0 Target to raise hourly minimum wage to $11 next month

The company said the $11 hourly wage tops the minimum wage in 48 states and matches the minimum in MA and Washington. The increase will apply to the 100,000 seasonal employees it's hiring for the holidays, but the company declined to say how many of its 323,000 regular employees would see a lift.

Money Eagles host the Giants in 2017 home opener
Author: 0 Eagles host the Giants in 2017 home opener

I nearly kicked a photographer when I came off the field to try the practice kick [into the net]. The Eagles defense looked in total control with the team up 14-0, but injuries to Fletcher Cox and Jordan Hicks proved too much, coupled with the secondary that came into the game decimated by injuries.

Money Russian Foreign Minister accuses Trump of 'demonizing' North Korea in United Nations speech
Author: 0 Russian Foreign Minister accuses Trump of 'demonizing' North Korea in United Nations speech

The Russian foreign minister's comments follow the most recent escalatory back and forth between the US and North Korea. He said that both Russian Federation and the United States have to address the situation as it is, which he said was created by "the spiral of unfriendly steps started by the Obama administration", but still work like "responsible people" to address their bilateral ties as well as serious global issues.

Money Tremor detected near North Korea weapon test site
Author: 0 Tremor detected near North Korea weapon test site

U.S. Treasury Secretary Steven Mnuchin is scheduled to hold a briefing with the press Thursday when he'll likely face questions about new sanctions on North Korea. European Union ambassadors have reached an initial agreement to impose more economic sanctions on North Korea, going beyond the latest round of United Nations measures, officials and diplomats said.

Money Sensex drops 232 points on rupee slipping to 4-month low
Author: 0 Sensex drops 232 points on rupee slipping to 4-month low

Indian benchmark indices dipped sharply on Friday with BSE Sensex down 447.60 points at 31922.44 and NSE Nifty down 157.50 points at 9964.40. The Nifty tested 10,000-mark as well during the day's trade. In terms of the broader markets, the S&P BSE mid-cap index tanked by 2.71 per cent and the small-cap index by 2.93 per cent. While, domestic institutional investors (DIIs) bought shares worth a net Rs 1,416.55 crore, as per provisional data.

Money Eurozone private business growth picks up: PMI
Author: 0 Eurozone private business growth picks up: PMI

Germany's private sector economy ended the third quarter strongly, with business activity growth accelerating to the fastest in nearly six-and-a-half years, according to flash PMI survey data from IHS Markit . Data showed that rates of expansion in France and Germany accelerated to the highest seen for over six years in September. The reading was better than economists' projection of 55.6.

Money Mobile and Sprint merger deal on a healthy progress
Author: 0 Mobile and Sprint merger deal on a healthy progress

This isn't the first time that we've seen reports indicating a near-done deal on the merger, however, as the two companies were believed to be more or less set to merge three years ago , at a time when T-Mobile was a much smaller player in the market than it now is and Sprint was the bigger whale.

Money Markets at new record highs ahead of US Federal Reserve decision
Author: 0 Markets at new record highs ahead of US Federal Reserve decision

This year has been different thanks to a synchronized upturn in global growth and easing financial conditions that have sent stocks to new records while bond yields, which ran up sharply after President Donald Trump's election last year, have drifted back down.

Money Refugee crisis and the woman factor
Author: 0 Refugee crisis and the woman factor

But getting aid to displaced people who remain inside Myanmar is not easy, reports the BBC's Jonah Fisher. Penny Green, a professor of law at Queen Mary University of London who studies the Rohingya conflict told CNN that Suu Kyi's speech was "disingenuous" and "filled with underlying denials" that she said was "typical of the way in which state criminals behave".

Money Tesla 'running tests' on in-house AI chips
Author: 0 Tesla 'running tests' on in-house AI chips

Despite an existing relationship with NVIDIA , Tesla is turning to AMD to create an AI chip for its work-in-progress autonomous electric vehicles. AMD shares closed up 62 cents, or nearly 5%, at $13.74, following CNBC's headline, and are up another 87 cents, over 6%, at $14.62, in late trading.

Money Ryanair Pilots Reject Bonus Offer, Seek New Contracts Instead
Author: 0 Ryanair Pilots Reject Bonus Offer, Seek New Contracts Instead

This leaves the airline with a shortage of available pilots over the next six weeks. Pilots are not treated as the highly trained professionals that they are by many companies and that is why they are leaving, according to a former member of the profession.

Money Mark Carney: Rate hikes will be 'gradual' and 'limited'
Author: 0 Mark Carney: Rate hikes will be 'gradual' and 'limited'

Britain's pound fell over half a percent on Monday after the Bank of England's governor Mark Carney said that any rise in United Kingdom interest rates in the coming months would be limited and gradual. To some economists, the strong sentiment data indicated that investors are now not particularly anxious about the strength of the Euro. Vince Cable, the leader of the Liberal Democrats, claimed Theresa May suppressed Home Office reports that found little evidence of immigration lowering ...

Money Crude Oil Firms Above $50
Author: 0 Crude Oil Firms Above $50

OPEC and non-OPEC producers including Russian Federation have agreed to reduce output by about 1.8 million barrels per day (bpd) until March to reduce global oil inventories and support prices. Iraq, the group's second-biggest producer, has said production should be reduced by an additional 1 percent to help rebalance the market. U.S. West Texas Intermediate crude finished at Friday's session unaltered from the prior session at $49.89 per barrel.

Money Toys R Us Filed for Bankruptcy and People Are Upset
Author: 0 Toys R Us Filed for Bankruptcy and People Are Upset

The Chapter 11 filing by the biggest US toy store chain, to restructure $5 billion of long-term debt, is among the largest ever by a specialty retailer and casts doubt over the future of the company's 64,000 employees and almost 1,600 stores, which remain open.

Money Wall St edges up on telecom gains; Fed meet in focus
Author: 0 Wall St edges up on telecom gains; Fed meet in focus

Nasdaq 100 e-minis were up 0.75 points, or 0.01 percent, in volume of 29 contracts. At 11:00 a.m. ET (1500 GMT), the Dow Jones Industrial Average was up 16.16 points, or 0.07 percent, at 22,347.51, the S&P 500 was up 0.32 points, or 0.01 percent, at 2,504.19 and the Nasdaq Composite was up 2.42 points, or 0.04 percent, at 6,457.05.

Money Mobile and Sprint merger still in the works
Author: 0 Mobile and Sprint merger still in the works

Merger talks are back on between rival wireless carriers Sprint and T-Mobile, according to a report from CNBC . The parent companies of both carriers, Deutsche Telekom and SoftBank, have allegedly been in "frequent conversations" about a deal.

Money Ryanair Slumps as Scrapped Flights Risk Reviving Bad-Boy Image
Author: 0 Ryanair Slumps as Scrapped Flights Risk Reviving Bad-Boy Image

It is estimated that around 350,000 passengers could be directly affected by cancellations, though many may not realise flights are cancelled until shortly before their departure date. And the reason for the cuts may annoy those affected, as the airline has revealed that it is in a bid to improve punctuality of flights , and also clear a backlog of staff leave by the end of the year.

Money Anna Nordqvist wins Evian Championship in playoff
Author: 0 Anna Nordqvist wins Evian Championship in playoff

The girls are so good out here; it's just fun to be able to compete again and know I've got the right stuff". It was a 54-hole event after weather-affected play on Thursday was scrapped. A chip-in birdie at 16 was the highlight of her round. It was soon a five-way tie for the lead when Kirk birdied the par-5 15th and Jutanugarn's birdie putt rolled round the rim.

Money RyanAir is Canceling Hundreds of Flights Right Now
Author: 0 RyanAir is Canceling Hundreds of Flights Right Now

A Ryanair spokesperson said, "We have operated a record schedule (and traffic numbers) during the peak summer months of July and August but must now allocate annual leave to pilots and cabin crew in September and October (while still running the bulk of our summer schedule)".

Money Google Chrome 64 to block auto-playing videos
Author: 0 Google Chrome 64 to block auto-playing videos

Presently Google says it will accomplish something in regards to the issue. Starting in Chrome 64, which is now earmarked for a January 2018 release, auto-play will only be allowed when the video in question is muted, or when a "user has indicated an interest in the media".

Money Renault-Nissan CEO confident in electrics future
Author: 0 Renault-Nissan CEO confident in electrics future

The Renault-Nissan alliance is ramping up electric auto production, vowing 12 new models by 2022 and to make electric cars 30 percent of its overall production. "This plan will boost the growth and profitability of our member companies". This will pave the way for a long-range electric vehicle which can travel more than 600 km (372 miles).

Money Expect crude oil to trade positive: Sushil Finance
Author: 0 Expect crude oil to trade positive: Sushil Finance

West Texas Intermediate , the USA benchmark for the price of oil, took an erratic turn in early trading to lose 0.12 percent from the previous close to $48.01 per barrel. The IEA said a global oil surplus was beginning to shrink due to stronger-than-expected European and United States demand growth, as well as production declines in OPEC and non-OPEC countries.

Money Household Incomes Rose to Record in 2016 as Poverty Fell
Author: 0 Household Incomes Rose to Record in 2016 as Poverty Fell

Department of Health and Human Services defined poverty as a single person living off $11,880 or less annually; for a family of four, poverty would be $24,300 or less. With household incomes rising, poverty has declined. Households with the highest incomes were in the Northeast ($64,390) and the West ($64,275) followed by the Midwest ($58,305) and the South ($53,861).

Money Privacy Commissioner says priority given to examination of Equifax data hack
Author: 0 Privacy Commissioner says priority given to examination of Equifax data hack

Hackers also stole credit card numbers for about 209,000 consumers and dispute documents with personal identifying information for about 182,000 consumers. Damages awarded in small claims courts differ from state to state, with Tennessee offering the highest amount: $25,000. The Canadian breach may have impacted names, addresses and social insurance numbers, Equifax added.

Money North Korea accused of raising money by stealing bitcoins in hack attacks
Author: 0 North Korea accused of raising money by stealing bitcoins in hack attacks

North Korea seems to be ramping up cyberattacks to steal Bitcoin and other cryptocurrencies that could be used to circumvent trade restrictions and global sanctions and obtain hard currencies to fund the regime. FireEye identified the North Korean group behind the bitcoin attacks as TEMP.Hermit. New sanctions following North Korea's most recent nuclear test will hamper its ability to legitimately import gas and oil from China, but the nation retains an ability - and an increasing ...

Money WELLS FARGO: We're seeing slower lending in autos and commercial real estate
Author: 0 WELLS FARGO: We're seeing slower lending in autos and commercial real estate

Panmure Gordon maintained Computacenter plc (LON:CCC) rating on Wednesday, April 27. The firm earned "Hold" rating on Friday, July 7 by Jefferies. The company was downgraded on Monday, April 11 by Sandler O'Neill. Investors sentiment increased to 1.08 in 2016 Q4. The stock's short float is around of 0.58% and short ratio is 1.64. 86 funds opened positions while 165 raised stakes.

Money Air Berlin cancels flights after pilots call in sick
Author: 0 Air Berlin cancels flights after pilots call in sick

On Sunday his company Intro offered 50 million euros immediately for the stricken airline, with up to 450 million euros of further payments "depending on performance", he said. An estimated one-sixth of the airline's 1,500 pilots called in sick on Tuesday, which is likely to represent one-third to one-half of the total rostered to work.

Money Updated Volkswagen ID Crozz On Display At Frankfurt Auto Show
Author: 0 Updated Volkswagen ID Crozz On Display At Frankfurt Auto Show

Volkswagen on Monday unveiled an ambitious plan to roll out 80 or so electric vehicle and plug-in hybrid models by 2025. Now, at the currently ongoing Frankfurt International Motor Show, Volkswagen has revealed an updated, more production ready model called the I.D.

Money First Potomac Realty Trust (NYSE:FPO) Stock Sentiment Increases
Author: 0 First Potomac Realty Trust (NYSE:FPO) Stock Sentiment Increases

About shares traded. Morgan Stanley India Investment Fund Inc (IIF) has risen 34.34% since September 11, 2016 and is uptrending. It has underperformed by 14.91% the S&P500. Goldman Sachs maintained it with "Neutral" rating and $21 target in Thursday, June 22 report. Stifel Nicolaus maintained it with "Buy" rating and $25 target in Tuesday, May 3 report.

Money Uber the Subject of FBI Probe Over Program Targeting Rival Lyft
Author: 0 Uber the Subject of FBI Probe Over Program Targeting Rival Lyft

The FBI is investigating Uber amid claims that the taxi-hailing company used software to interfere with a rival. They have been accused of corporate espionage regarding autonomous vehicle technology and another allegation of using software meant to prevent local government efforts to monitor their operations.

Money UberX Plans to Go All-Electric in London by 2019
Author: 0 UberX Plans to Go All-Electric in London by 2019

At Uber we're determined to play our part in tackling air pollution across the UK. Uber said on Friday that it will help its drivers who want to switch to greener cars with a more than 150 million-pound ($197 million) fund, paying up to 5,000 pounds per upgrade from a petrol or diesel vehicle.

Money US House unanimously approves sweeping self-driving auto measure
Author: 0 US House unanimously approves sweeping self-driving auto measure

The goal of the "Self Drive Act" is to establish a federal framework for the regulation of self-driving cars. Performance standards would be left to design by the federal government, while states would retain ownership of rules on licensing, registration, insurance and safety inspection.

Money Stock in Review: Hewlett Packard Enterprise Company (HPE)
Author: 0 Stock in Review: Hewlett Packard Enterprise Company (HPE)

The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.26 by $0.04. Trimble Inc. That compares to consensus for 40 cents per share. Of those insider trades, 0 shares of Hewlett Packard Enterprise Company were purchased and 2.03 million shares were sold.

Money Fed Vice Chair Stepping Down in October
Author: 0 Fed Vice Chair Stepping Down in October

Fischer, 73, was appointed in 2014 by President Barack Obama, and his term was due to end in June 2018. Paul Ashworth, chief USA economist with Capital Economics , said Fischer's abrupt departure could signal that Yellen, a close ally of the vice chairman, is unlikely to be renominated for a second term when her current tenure ends in February.

Money Neymar, Mbappe transfers transparent: PSG
Author: 0 Neymar, Mbappe transfers transparent: PSG

But PSG won the race for the 18-year-old, who has joined the club on a season-long loan deal and took part in his first training session with his new club on Monday, with the Parisians due to make the transfer permanent next summer. He said: "I came to PSG for the project but having Neymar here is an additional advantage". Certain events changed my mind. "I have entered into a dressing room where I have the fewest titles to my name".

Money FTSE 100 shrugs off North Korea fears
Author: 0 FTSE 100 shrugs off North Korea fears

North Korea on Sunday conducted its sixth nuclear test, which it said was of an advanced hydrogen bomb for a long-range missile , marking a dramatic escalation of the regime's stand-off with the United States and its allies. The Nasdaq composite and S&P 500 lost 1.2%. The benchmark S&P 500 index closed within 5 points of a record high on Friday. Provident Financial (LON:PFG ), which sustained the most losses on Tuesday, dropped 2.25% while Prudential (LON:PRU ) fell 1.21% and Old ...

Money Charter Customer Data Left Sitting on an Open Server
Author: 0 Charter Customer Data Left Sitting on an Open Server

The data "was configured to allow public access and exposed extremely sensitive data" such as usernames, email addresses, credentials and in some cases billing addresses and phone numbers. The information had been removed as soon as the company had been told it was visible, Charter told Reuters. One of the repositories was secured nearly immediately following the email warning, despite claims by an India-based BroadSoft engineer (in an email response to Kromtech) that the repository had ...

Money Mort Zuckerman Sells New York Daily News
Author: 0 Mort Zuckerman Sells New York Daily News

Catsimatidis; the owner of the politics-focused publication The Hill, Jimmy Finkelstein; and the real estate investor Steven C. Witkoff. As NPR's David Folkenflik reports: " The Daily News , much like Tronc itself, is much diminished and has struggled to secure a firm financial footing".

Money Last-ditch effort to restore Stormont Executive in Northern Ireland
Author: 0 Last-ditch effort to restore Stormont Executive in Northern Ireland

Secretary of State for Northern Ireland James Brokenshire is due to have discussions with Northern Ireland's five main parties in Stormont today. "Unless agreement can be found very quickly then London will be required to take decisions", Foster said in a speech to supporters in a Belfast hotel on Thursday evening.

Money Boeing 747 SuperTanker fights California fire for 1st time
Author: 0 Boeing 747 SuperTanker fights California fire for 1st time

Meanwhile, the 6,042-acre Mud Fire, also caused by lightning, is located along Highway 395 north of the Lassen County community of Litchfield. The fire is burning in extraordinarily steep, rugged country with amazingly thick brush and big trees.

Money Stacy Lewis to donate Portland Classic winnings to Harvey victims
Author: 0 Stacy Lewis to donate Portland Classic winnings to Harvey victims

The U.S. golfer, Lewis, said she is going to donate all her earnings from this weekend to the hurricane relief efforts to her home town of Houston, Texas. 25, 2017. "When I said that I had the goal of winning the tournament, you've got to get a lot of things right, to go your way", Lewis said. "We're going to be able to help people rebuild houses and get their homes back", Lewis said.

Money U.S. adds 156000 jobs in August, but unemployment rises to 4.4%
Author: 0 U.S. adds 156000 jobs in August, but unemployment rises to 4.4%

The unemployment rate ticked up from 4.3 percent to a still-low 4.4 percent, the Labor Department said Friday . Across the economy, there was a net gain of 156,000 jobs, which was tens of thousands less than the prior month. From my seat, today's jobs report doesn't negatively impact this theme. Some economists say a stable participation rate is a positive sign for the economy in recent years, since retirements mean it should in theory be falling slightly.