Money

Money Consumer demand drops, gasoline prices trickle down
Author: 0 Consumer demand drops, gasoline prices trickle down

On Sunday, a tank in Rockford cost $2.42 per gallon, that compares to the national rate of $2.45. AAA said the growth in these fundamentals are bearish for longterm oil prices, which analysts from the Oil Price Information Service believe could soon see a significant drop back to $50 per barrel due to reduced global demand during the winter.

Money Europe's Unibail bids $16 billion for Westfield to counter online threat
Author: 0 Europe's Unibail bids $16 billion for Westfield to counter online threat

Westfield shareholders will receive a combination of cash and stocks in the combined entity. The company on Tuesday said this had set it up for the Unibail deal. He believes the regional management structure is more likely to survive thanks to little geographic crossover between the two companies. Westfield owns and operates 35 malls in the USA and United Kingdom valued at US$32 billion, according to its Web site.

Money Facebook to pay taxes locally, instead of through Ireland
Author: 0 Facebook to pay taxes locally, instead of through Ireland

It now re-routes revenue through its worldwide headquarters in Dublin and attracted criticism in the United Kingdom after it was shown to have paid just over £4,000 in tax in 2014. The European Commission is expected to introduce new legislative proposals in March that will increase taxes for digital businesses. Facebook will gradually introduce the new reporting structure throughout 2018, and the company expects to have the system fully in place by the first half of 2019.

Author: 0 United Kingdom consumer inflation hits 3.1pc ahead of Bank of England meeting

Retail inflation , measured by year-on-year change in the Consumer Price Index (CPI), recorded a seven-month high at 3.58 per cent in October, driven by a sharp uptick in momentum, tempered partly by some favourable base effects. He points out that school fees have risen 553 per cent over the last 25 years compared to 201 per cent for consumer prices and 217 per cent for wages.

Money Salvation Army offers more programs than people think
Author: 0 Salvation Army offers more programs than people think

The money raised in the Salvation Army kettles stays in the Flathead Valley to help the most needy. An anonymous donor left a gold coin worth $1,300 in a Salvation Army kettle in SC last week, WCNC reports. "We have two veterans volunteering this year". That occurs, she said, for a variety of reasons, including colder weather and higher utility bills that can force people to seek assistance for basic needs.

Money Rick Zamperin: Seattle is nice, but National Hockey League should return to Quebec City
Author: 0 Rick Zamperin: Seattle is nice, but National Hockey League should return to Quebec City

The commissioner also noted that Seattle would be on the hook for a $650 million expansion fee should it be accepted as the 32nd team. But that doesn't mean there is a lack of speculative alternatives on the table. This statement is backed up by a clause in the agreement in which new owners can not apply for relocation for seven years. "This is a process that we go through".

Money Countries Around the World Tackled Net Neutrality in Different Ways
Author: 0 Countries Around the World Tackled Net Neutrality in Different Ways

All over the country Thursday, groups participated in more than 600 peaceful protests in front of Verizon stores. Net Neutrality supports our freedom of speech. Ending net neutrality, he said, would also end that possibility. Without net neutrality, these corporations could cut off access to websites they - or the United States government, which through the NSA has historically been tied to telecom companies - deem inappropriate for the public to read, just like in North Korea or China.

Money China border standoff escalates after drone crash
Author: 0 China border standoff escalates after drone crash

The Indian Defence Ministry has advised troops stationed on the Chinese border to uninstall Chinese-made apps from their smartphones. "At the same time, the foreign ministers of the three countries will also exchange views on global and regional issues of common concern".

Money Anil Kapoor joins Salman Khan in Race 3
Author: 0 Anil Kapoor joins Salman Khan in Race 3

Replying to this Anil Kapoor shared: "Jab baat #Race ki hai, toh hum peeche kaise reh sakte hain!" Anil, 60, was also a part of the first film, which featured him as Robert D'Costa aka R D. Salman on Friday, confirmed the news by sharing the picture of himself with the Anil Kapoor and producer Ramesh Tourani holding hands with each other, on Instagram.

Money US Congressman Franks says resigning immediately
Author: 0 US Congressman Franks says resigning immediately

Franks, in his statement announcing his resignation, said he and his wife, who have struggled with infertility, have twins who were carried through surrogacy. The Franks revelations came on the same day that Sen. The eight-term lawmaker abruptly resigned Friday, bowing to an ultimatum from House Speaker Paul Ryan, R-Wis.

Money North Carolina county's ransomware recovery will take days
Author: 0 North Carolina county's ransomware recovery will take days

Diorio said county technology officials will use backup data from before the ransomware attack to restore the system, but the rebuild will take "patience and hard work". Deputies were processing jail inmates by hand and building code inspectors switched to paper records after a county employee unleashed the malicious software earlier this week by opening an email attachment.

Money Steinhoff shares plunge 66% as CEO quits amid accounting scandal
Author: 0 Steinhoff shares plunge 66% as CEO quits amid accounting scandal

The South African company has also postponed its full-year results, which were meant to be released today. Shares in South Africa-based German retail giant Steinhoff - which owns Ackermans, Pep, and Russels - fell nearly 60 percent on Wednesday after the company announced the resignation of its CEO in the wake of alleged accounting irregularities.

Money Facebook Tops List of Best Places to Work, Survey Says
Author: 0 Facebook Tops List of Best Places to Work, Survey Says

We always encourage our current and former employees to give us honest and open feedback and put transparency at the heart of everything we do. "We celebrate our top two position on this list, but our vision is to build the best sales team in the world and we still have work to do".

Money Here's where you can get FREE treats on National Cookie Day!
Author: 0 Here's where you can get FREE treats on National Cookie Day!

The event can be found in the 1980s "Sesame Street Dictionary", which was also published in the 1980s. Toll House will offer a free regular cookie, one per visitor, on National Cookie Day. Get a free cookie with any purchase of a scoop, sammie or milkshake at Coolhaus shops in Los Angeles! On Monday, December 4th, Nestle Toll House Cafe by Chip will be honoring National Cookie Day at participating locations.

Money YouTube CEO Talks about Increasing Regulatory Staff
Author: 0 YouTube CEO Talks about Increasing Regulatory Staff

It was not immediately clear whether those would be contract workers or actual Googlers. Read the full story on Silicon Beat . But apparently, embarrassingly, this is obviously rubbish, because the company also somehow needs 10,000 human beings to sit in a factory and make accurate decisions about uploaded video content, because its AI can't, literally, tell the difference between an arse and an elbow fold.

Money Ireland, Apple Agree To Put $15B In Escrow For Tax Dispute
Author: 0 Ireland, Apple Agree To Put $15B In Escrow For Tax Dispute

This is a temporary account as it operates until the completion of a transaction process, which is implemented after all the conditions between the buyer and the seller are settled. Now it appears Apple and Ireland have agreed to cooperate, and pay $15.4 billion to the Irish government , all while however still continuing litigating the case.

Money Inside the 30000-Square-Foot Starbucks Reserve Roastery in Shanghai
Author: 0 Inside the 30000-Square-Foot Starbucks Reserve Roastery in Shanghai

The biggest Starbucks in the world is headed to China: The coffee behemoth will unveil its newest fancy Roastery location in Shanghai on December 6, occupying a whopping 30,000 feet. The company agreed to acquire the remaining 50 per cent of the business in a $1.3 billion transaction, giving it ownership of about 1,300 cafes in Shanghai and the Jiangsu and Zhejiang provinces.

Money Cboe to Launch Bitcoin Futures Trading on Sunday
Author: 0 Cboe to Launch Bitcoin Futures Trading on Sunday

To view the full article, register now. One bitcoin was worth just a fraction of a penny when it started trading in 2010, and by the start of this year was worth $1,000. The launch of the first bitcoin futures contracts on a regulated USA exchange is expected to be a watershed moment for the cryptocurrency industry.

Money Salil Parekh, The Man Who Is Appointed As Infosys CEO: 5 Points
Author: 0 Salil Parekh, The Man Who Is Appointed As Infosys CEO: 5 Points

The appointment of Parekh, who was a top executive at global IT services giant Capgemini prior to his latest assignment, marks the second successive time that Infosys has chosen a rank outsider to helm the company, after being run by its founders for the better part of its first three decades of existence.

Money Trump Probably Had the Right to Appoint Mulvaney
Author: 0 Trump Probably Had the Right to Appoint Mulvaney

As of Tuesday, the CFPB's website lists Mulvaney as the agency's acting director, while English is listed as its deputy director. U.S. District Court judge Timothy Kelly happens to be a Trump appointee , but he's also a former federal prosecutor and counsel to Senate Judiciary Committee chair Chuck Grassley, not a ghost hunter .

Money CME to Begin Trading Bitcoin Futures December 18
Author: 0 CME to Begin Trading Bitcoin Futures December 18

Under CFTC regulations, designated contract exchanges such as CME and CBOE's CFE do not need prior approval from the commission to list products for trading. In order to regulate trading, all three exchanges and the Commission will be heavily regulating trading, as well providing the Commission with additional surveillance information regarding the futures.

Money Crude oil futures decline on overseas leads
Author: 0 Crude oil futures decline on overseas leads

For Brent, WTI, U.S. gasoline and U.S. heating oil, the net long declined by 28 million barrels after rising by 237 million barrels over the previous four weeks, data from regulators and exchanges shows. Data released Wednesday by the U.S. Energy Information Administration revealed U.S. commercial crude inventories dropped by 3.4 million barrels, versus expectations for a 2.3-million-barrel drawdown.

Money GDP growth a temporary pause, says Congress
Author: 0 GDP growth a temporary pause, says Congress

A Reuters poll of economists had predicted a growth rate of 6.4 per cent, while various other bodies projected the rate between 5.9 per cent and 7.1 per cent. The net effect of all these is that India is getting closer to a situation where the country can spend what it earns, and borrows relatively less, he said.

Money Cyber Monday was the biggest online shopping day ever
Author: 0 Cyber Monday was the biggest online shopping day ever

Average expected spending per person was $335.47. Many retailers started sales the Monday before Thanksgiving - though H&M and Amazon kicked off markdowns before that - and let them bleed into the weekend, through Cyber Monday, and into today .

Money Russian weather satellite fails to enter orbit after launch
Author: 0 Russian weather satellite fails to enter orbit after launch

The launch failure is likely to raise new questions about the capabilities of the Russian space program and its controversial multibillion-dollar effort to create the Vostochny launch complex as an alternative to the decades-old Baikonur Cosmodrome in Kazakhstan.

Money Online sales top $5 billion on Black Friday, report shows
Author: 0 Online sales top $5 billion on Black Friday, report shows

The holiday shopping season from November 1 to November 27 drove a total of $50 billion in online revenue. Thanksgiving marks the unofficial start of the holiday shopping season with consumers descending on stores for Black Friday deals.

Money Big win for netizens as TRAI backs 'open & free' internet, prohibits discrimination
Author: 0 Big win for netizens as TRAI backs 'open & free' internet, prohibits discrimination

The US regulatory agency, the Federal Communications Commission, led by Republican Ajit Pai, will vote at a 14 December meeting on a plan to repeal rules on net neutrality . The ruling, however, doesn't come without exemptions. They said TRAI did not address the issues related to connecting the unconnected in India and licensing of apps or websites providing calls and messaging services such as Whatsapp, Skype, Viber and Google Duo.

Money Rothschild's Koch Connection Pays Off in Pursuit of Time Inc
Author: 0 Rothschild's Koch Connection Pays Off in Pursuit of Time Inc

Fears have been raised that the source of the funding could be of a political interest, however Meredith claims that there will be no seat on the board as a result of the funding and that editorial will remain out of reach of influence. The Journal reported that Iowa-based Meredith has agreed to pay $18.50 a share in cash - a 46% premium from Time's stock at the time acquisition talks were first reported on November 15.

Money UK Government backs clean growth in new Industrial Strategy plans
Author: 0 UK Government backs clean growth in new Industrial Strategy plans

Following on from an increase in research funding outlined in the budget, the White Paper reaffirms the government's commitment to reach "2.4 per cent of GDP [gross domestic product] investment in R&D by 2027 and to reach 3 per cent of GDP in the longer term, placing us in the top quartile of OECD [Organisation for Economic Cooperation and Development] countries".

Money Local small businesses looking forward to Small Business Saturday
Author: 0 Local small businesses looking forward to Small Business Saturday

Small businesses all across the United States are preparing for their own shopping holiday, Small Business Saturday. It's all to support Shop Small Saturday. It's a trend she hopes to see continue. "The community is excited; they are happy to be out supporting small businesses, which is fantastic". "Way back before Walmart, we all supported our communities and were self-sustaining".

Money Amazon founder Jeff Bezos becomes newest $100bn billionaire thanks to Black Friday
Author: 0 Amazon founder Jeff Bezos becomes newest $100bn billionaire thanks to Black Friday

Due to an increase in Amazon's shares by 2.5 percent during Black Friday sales, the Amazon founder could reach a 12-digit figure, quotes The Indian Express. Same goes for Warren Buffet, the U.S. investor who is the third richest person with $78.9 billion. Gates, who now has a net worth of $86.8 billion, is estimated to have had a net worth of $150 billion had he not given so much of his fortune to charity.

Money AAA: Record Thanksgiving travel holiday projected
Author: 0 AAA: Record Thanksgiving travel holiday projected

According to the AAA , approximately 50.9 million people will travel at least 50 miles away from home for the holiday, increasing 3.3 percent from a year ago. The number of travelers is expected to represent the highest travel volume in the US for Thanksgiving since 2005. Travelers will pay more for AAA Three Diamond Rated hotels this holiday weekend.

Money Justice Department Will Sue to Stop AT&T-Time Warner Merger
Author: 0 Justice Department Will Sue to Stop AT&T-Time Warner Merger

In an emailed statement Monday, AT&T general counsel David McAtee said the lawsuit is a "radical and inexplicable departure from decades of antitrust precedent" and that the company is confident that a court will reject the government's claims.

Money New York AG investigating fraudulent net neutrality comments to FCC
Author: 0 New York AG investigating fraudulent net neutrality comments to FCC

Pai previously pledged to try to repeal the net neutrality regulations enacted under the Obama administration, which treat internet service providers as if they were utility companies that provide essential services, like electricity. As we've reported before , dozens of consumer advocacy groups including Fight for the Future , Demand Progress and the ACLU have supported the strong net neutrality rules - aligned with companies like Netflix, Google , Etsy, Vimeo, Reddit and Amazon.

Money Uber concealed hack of 57 million accounts for more than a year
Author: 0 Uber concealed hack of 57 million accounts for more than a year

He was not at the helm when it happened. Governments around the globe launched investigations into Uber Technologies Inc after the company disclosed it had covered up a breach that exposed data on millions of customers and drivers, the latest scandal to rock the ride-hailing firm.

Money Uber orders huge fleet of autonomous Volvos
Author: 0 Uber orders huge fleet of autonomous Volvos

Volvo engineers have worked closely together with engineers from Uber to develop the XC90 premium SUVs that are to be supplied to Uber . Normally while classifying autonomous cars there are six levels of automation which generally define the level of automation employed.

Money Volvo to deliver thousands of autonomous vehicles to Uber
Author: 0 Volvo to deliver thousands of autonomous vehicles to Uber

Uber has just taken another big step from a ride-sharing service to a transportation provider. Under the new "framework agreement", Volvo will supply thousands of vehicles already fitted with "core" autonomous and safety systems, to which Uber will adds its own self-driving tech.

Money FIRST ALERT FORECAST: Beautiful weather continues this week with cool temperatures!
Author: 0 FIRST ALERT FORECAST: Beautiful weather continues this week with cool temperatures!

The high will bump back into the mid 60s Wednesday , when it is again expected to be mostly sunny. Skies will remain mostly sunny to sunny. We will see partly cloudy skies on Thursday with just a slim chance for a shower. Tuesday . Mostly cloudy. Showers possible. Morning lows start in the 20s, and despite sunshine, highs are chilly in the lower 40s. On our Thanksgiving Day , it will be nothing more than flawless! Friday: Sunny, with a high near 60.

Money Trader Joe's recalling several packaged salads
Author: 0 Trader Joe's recalling several packaged salads

The recall encompasses three varieties of chicken and turkey salads made by Green Cuisine, a San Fernando company, that bear the " Trader Joe's " brand on their packaging and are sold at the grocery chain. The products have the establishment number "P-40299" inside the USDA mark of inspection. EXAMPLE: date code stickered on package and the affected U.S.D.A.

Money Funding for sports programs at question in new tax bill
Author: 0 Funding for sports programs at question in new tax bill

It includes many changes to public and private education deductions. If the Senate does not pass a bill, the current tax code applies. For instance, this bill doubles the child tax credit and the standard deduction for both individuals and families.

Money Alabama jobless rate drops to 3.6 percent
Author: 0 Alabama jobless rate drops to 3.6 percent

According to monthly data going back to 1990 kept by the DLIR, Hawaii County's unemployment rate has never dropped below 2.3 percent. Maine's unemployment rate fell slightly in October, to 3.5 percent. About 100,000 Louisianans were jobless, down more than 5,000 from September. The Omaha metro area's rate of 2.4 percent also was the lowest in almost 20 years.

Money SADC Troika Assesses Situation in Zimbabwe
Author: 0 SADC Troika Assesses Situation in Zimbabwe

The Gaborone meeting was attended by Angola, South Africa, Tanzania and Zambia. Across the country, Zimbabweans were enjoying freedom they haven't had in years. She said the better its economy, the better it was for countries in the region because of economic opportunities. Professor Loren Landau, Director of the Wits African Centre for Migration & Society said: "Any uncertainty about the political situation in Zimbabwe will mean people will need to come to South Africa for economic and ...

Money TransCanada pipeline leaks 210000 gallons of oil near SD, ND border
Author: 0 TransCanada pipeline leaks 210000 gallons of oil near SD, ND border

CST (5 a.m. MST) after a drop in pressure was detected in its operating system resulting from an oil leak that is under investigation", TransCanada said in a statement shortly after the spill. Federal regulators said an "anomaly" on a weld on the pipeline was to blame. While details are still emerging around this spill, we know it occurred in Marshall County on South Dakota's northern border.

Money Shamed rail company apologises for leaving 20 seconds early
Author: 0 Shamed rail company apologises for leaving 20 seconds early

According to an article this month on the Gendai Business website, Tsukuba Express, which carries 130 million passengers a year, markets its "safety and high speed". "Because Japanese trains are usually so punctual, some people plan their rail commutes so that they arrive at the platform just as the cars are pulling up", Baseel said.