Finance


Amazon Fulfillment Center Busy On Cyber Monday Amazon Fulfillment Center Busy On Cyber Monday
- Ноября 28, 2017

By comparison, Adobe said shoppers spent about $5 billion online on Black Friday. That number shouldn't shock you. Thanksgiving weekend is always one of the biggest shopping weekends of the year, and it wraps up today with Cyber Monday. (more...)
SI's parent company Time will be bought by Meredith SI's parent company Time will be bought by Meredith
- Ноября 28, 2017

Though Time was reported in October to be considering cost-cutting moves, including reducing publication schedules for some of its titles, it still has clout. "KED's non-controlling, preferred equity investment underscores a strong belief in Meredith's strength as a business operator, its strategies, and its ability to unlock significant value from the Time Inc. (more...)
Industrial Strategy earmarks £170 million for construction sector transformation Industrial Strategy earmarks £170 million for construction sector transformation
- Ноября 28, 2017

Business Secretary Greg Clark said: "The way we earn and live our lives as workers, citizens and consumers is being transformed by new technologies". In the document , the Department for Business, Energy and Industrial Strategy (DBEIS), pledges to "work closely" with retailers to increase productivity. (more...)
NuLu businesses cash in with local shoppers during Small Business Saturday NuLu businesses cash in with local shoppers during Small Business Saturday
- Ноября 27, 2017

Caroline Thornewill works at Mahonia in the NuLu neighborhood, and said Saturday is one of their busiest days of the year. Some customers shop on Small Business Saturday every year because they know what it's like. "It gives us an opportunity to get out name out there and see other vendors and help other business owners who put a lot of time and energy into their products", Jessica Lee, of Opal and Oak Vintage, said. (more...)
Amazon's Jeff Bezos Is Now Worth $100 Billion Thanks to Black Friday Amazon's Jeff Bezos Is Now Worth $100 Billion Thanks to Black Friday
- Ноября 27, 2017

The online retailer's shares jumped more than two percent in anticipation of the extra income from the sales, causing 53-year-old entrepreneurs own fortune to go up by $2.4 billion (£1.8bn) to $100.3 billion (£75.2 bn), further securing his title of world's richest man. (more...)
S&P cuts South Africa local debt to junk; Moody's issues warning S&P cuts South Africa local debt to junk; Moody's issues warning
- Ноября 26, 2017

Interest rates will most likely rise‚ thus increasing the monthly cost on things like home loan and vehicle finance repayments. Ejection from the crucial bond indexes meant passive investors mandated to invest in local bonds would automatically have to withdraw from those investments‚ he said. (more...)
United Kingdom workers facing no growth in earnings for the next 20 years United Kingdom workers facing no growth in earnings for the next 20 years
- Ноября 25, 2017

In a bleak analysis of Chancellor Philip Hammond's Budget , it found the age of austerity was not over "by a long chalk" and warned it may be 50 years or more before the United Kingdom gets its national debt back down to pre-crisis levels. (more...)
Hewlett Packard Enterprise's Whitman To Step Down; Forecast Light Hewlett Packard Enterprise's Whitman To Step Down; Forecast Light
- Ноября 25, 2017

The company posted earnings of 23 cents per share , four cents higher than the year-ago mark. Whitman joined the company in 2011, after serving as the head of eBay . Whitman said she is not sure of her next step, but that any next CEO position would have to be "exactly the right opportunity". Neri joined HP in 1995 as a customer service engineer in the EMEA call centre. (more...)
Japan's manufacturing prowess tainted as another firm says data faked Japan's manufacturing prowess tainted as another firm says data faked
- Ноября 25, 2017

Rubber products made by Mitsubishi Cable that did not meet the specification requirements of the Self-Defense Forces were used in some of the engines of their aircraft and vessels, officials at a government agency responsible for development and procurement of defense equipment have said. (more...)
Dollar sinks on Fed inflation fears, weak data and technicals Dollar sinks on Fed inflation fears, weak data and technicals
- Ноября 25, 2017

Federal Reserve officials generally believe that it'll soon be time for another increase in the Fed's key interest rate . While the data may have sparked selling, analysts agreed the dollar's strong declines were largely a result of low volatility in the market a day before the U.S. (more...)
CBS, Dish reach agreement to halt blackouts ahead of BSU game CBS, Dish reach agreement to halt blackouts ahead of BSU game
- Ноября 25, 2017

Dish says the channels are now being restored to its customers. The blackout affected almost 4 million Dish Network subscriber homes - including 400,000 in the Los Angeles region. The deal will end the CBS blackout for more than 2 million Dish customers across the country, including in major markets like New York, Los Angeles , Chicago and San Francisco. (more...)
Ready, set, shop! Black Friday shopping frenzy at local stores Ready, set, shop! Black Friday shopping frenzy at local stores
- Ноября 25, 2017

Shoppers looking to buy an Amazon Alexa, a Phillips Hue system, a Nest thermostat or other trendy technology, he said, scour the internet for Black Friday deals. Top Amazon Black Friday 2017 Deals Tracker : Amazon is the king of Black Friday . Some first-time Black Friday shoppers filled the stores, but many say it's a family affair they never miss. (more...)
ASA rules on major broadband advertising changes across the UK ASA rules on major broadband advertising changes across the UK
- Ноября 24, 2017

We thought that a 24-hour measurement has the potential to mislead consumers by not providing an indication of the speed they are likely to receive at the time when people use the internet the most. At the moment Internet providers are allowed to advertise speeds only attainable by 10 per cent of their customers, but the Advertising Standards Authority has declared that this isn't going to be allowed anymore. (more...)
EXTRA: Thomas Cook Margins Tighten On Tough Spanish Market, Shares Fall EXTRA: Thomas Cook Margins Tighten On Tough Spanish Market, Shares Fall
- Ноября 23, 2017

Its costs rose because of a spate of fraudulent illness claims and helping customers caught up in Hurricane Irma . Shares in the group plunged as much as 13% at one stage after the results. Thomas Cook has been struggling amid a price war for Spanish holidays, which partly contributed to the collapse of smaller rival Monarch last month. (more...)
Ireland promises progress in Apple tax recovery in coming weeks Ireland promises progress in Apple tax recovery in coming weeks
- Ноября 23, 2017

Asked to clarify what she meant when she said that Brussels was "using Northern Ireland as a bargaining chip", Mrs Foster told the BBC's Laura Kuenssberg: "Particularly the Irish government , in the way they are referring to Northern Ireland in the negotiations around the border". (more...)
Hard alcohol could make you feel instantly sexier, according to science Hard alcohol could make you feel instantly sexier, according to science
- Ноября 23, 2017

Respondents reported different reactions depending on the type of alcohol consumed. And more than four out of 10 associated them with feeling sexy, showed the study published in the journal BMJ Open . RG: Were there differences between men and women? . The study's authors ensured that all respondents had reported drinking all types of alcohol included in the analysis over the past 12 months in order to make for a fair comparison. (more...)
Uber data breach affects 57 mln users Uber data breach affects 57 mln users
- Ноября 23, 2017

Companies frequently accidentally keep credentials in source code that is uploaded to GitHub , he said. A SECRET data hack affecting 57 million Uber customers and drivers has been exposed. Is a ransomware attack technically a data breach? In March, Uber officials told the New Hampshire Union Leader that the ride-sharing service had several hundred drivers serving almost 40,000 active riders in New Hampshire. (more...)
China's Tencent Surpasses Facebook To Become World's Fifth Largest Company China's Tencent Surpasses Facebook To Become World's Fifth Largest Company
- Ноября 22, 2017

A second stock connection with mainland China which opened late a year ago has allowed even more money to flow onto the semi-autonomous city's exchange. Top of the pole is Apple, with pundits predicting the iPhone maker could be the first to break the US$1 trillion mark in the months ahead. Best known for its mobile messenger WeChat, Tencent had been threatening to unseat its Silicon Valley rival after a blockbuster year that saw its share price more than double. (more...)
Teens Working Illegal Overtime to Assemble iPhones Teens Working Illegal Overtime to Assemble iPhones
- Ноября 22, 2017

Six of the students told the FT they routinely worked 11-hour days assembling Apple's flagship smartphone, which constitutes illegal overtime for student interns under Chinese law. But in an effort to get back on track with the high order volume, Foxconn may have coerced a bunch of Chinese interns to work ungodly amounts of hours-and held their high school diplomas hostage until the job was complete. (more...)
Shell collaborates on biofuel to help power London buses Shell collaborates on biofuel to help power London buses
- Ноября 21, 2017

About 6000 litres of coffee oil have been produced - which can power one diesel bus in London for a year. Buses don't need to be modified either, keeping costs low. Founder Arthur Kay tells the Independent that coffee actually has very high oil content - 20 percent by weight - so "it's a really great thing to make biodiesel out of". (more...)
Marvell Set to Acquire Cavium in $6B Network Silicon Deal Marvell Set to Acquire Cavium in $6B Network Silicon Deal
- Ноября 21, 2017

The exchange ratio was based on a purchase price of $80 per share, using Marvell's undisturbed price prior to 3 November, when media reports of the transaction first surfaced. The total value of the deal is approximately $6 billion. In the biggest proposed deal so far, Broadcom Ltd. has offered to buy Qualcomm Inc. for more than $100 billion. (more...)
More than 200 arrested in U.S. crackdown on MS-13 gang More than 200 arrested in U.S. crackdown on MS-13 gang
- Ноября 19, 2017

He said during the operation, Border Patrol identified additional MS-13 gang members, who are now on the transnational organized crime watchlist. Thomas Homan, ICE's deputy director, said this operation underscored the federal government's focus on targeting and dismantling MS-13, a priority of President Donald Trump. (more...)
Moody's ups India rating Moody's ups India rating
- Ноября 18, 2017

Furthermore, Jaitley said the steps taken by the government in the last few years have contributed to the strengthening of the Indian economy, which ultimately lead to the upgradation. Moody's pegged GDP growth at 6.7 per cent in FY18 and 7.5 per cent in FY19, with similarly robust levels of growth from FY20. HDFC Chairman Deepak Parekh said, "I've always felt India's rating was far below than what it should be". (more...)
Tesla Pickup Truck Shown During Semi Reveal Tesla Pickup Truck Shown During Semi Reveal
- Ноября 18, 2017

Each of the truck's wheels is powered by a Model 3 engine, and the cab of the truck itself boasts two of touch screens also found in the Model 3. A software update a year ago put the Tesla Model S P100D second only to the Porsche 918 Spyder in terms of acceleration, reaching 60 miles per hour in 2.28 seconds compared with the 2.2 seconds of the Porsche. (more...)
Kansas unemployment rate lowest since 2000 Kansas unemployment rate lowest since 2000
- Ноября 18, 2017

The September estimate was revised to a gain of 10,300 jobs. The state's jobs engine is humming along, according to John Albin, the Labor Department commissioner. Maine's unemployment rate was lower than the national rate of 4.1 percent and the New England rate of 3.8 percent, which also both dipped slightly from the previous month. (more...)

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