Finance


Didi Chuxing raises Dollars 4 billion in new equity funding
- December 22, 2017

The move is seen as posing a challenge to USA rival Uber as the Chinese company looks to expand overseas. Didi said it plans to use the funds to accelerate the development of artificial intelligence in areas such as big data analysis, to expand its overseas operations and to build a transportation network with "new energy vehicles", as electric vehicles and plug-in hybrids are called in China. (more...)
African National Congress Votes to Downgrade South African Embassy in Israel
- December 22, 2017

The Palestinian movement, Hamas , released a statement on Thursday acknowledging ANC members and activists in South Africa's Palestine solidarity movement "who convinced South Africans that it was the correct moral and ethical decision for their country". (more...)
Old need not apply: Companies sued for age discrimination in Facebook ads Old need not apply: Companies sued for age discrimination in Facebook ads
- December 22, 2017

Legal experts are now questioning whether Facebook is liable for helping the defendants potentially violate the federal Age Discrimination in Employment Act of 1967 , which prohibits bias against workers 40 or older who are seeking employment. (more...)
John Fox: 'Don't Really Want To Know The Stories' About Jerry Richardson John Fox: 'Don't Really Want To Know The Stories' About Jerry Richardson
- December 21, 2017

Diddy sent out a series of tweets about his interest in buying the Panthers and called on the other 31 National Football League owners to allow him to do it once the season ends. "Yeah. It would be an incredible opportunity and such a neat opportunity and property for anybody to be able to shepherd into the future", Marcus Smith said in a 2016 interview with the Observer. (more...)
General Mills 2nd-quarter profits dip despite sales gain General Mills 2nd-quarter profits dip despite sales gain
- December 21, 2017

Financial Counselors Inc.'s holdings in General Mills were worth $9,983,000 as of its most recent filing with the SEC. Ngam Advisors L.P. boosted its position in shares of General Mills by 15.5% during the 1st quarter. General Mills, Inc . The company has a debt-to-equity ratio of 1.83, a current ratio of 0.74 and a quick ratio of 0.47. GIS has been the topic of a number of recent research reports. (more...)
Oopsy: Elon Musk Tweeted His Personal Phone Number To 16 Million Followers Oopsy: Elon Musk Tweeted His Personal Phone Number To 16 Million Followers
- December 21, 2017

And his message immediately raised speculation about just why he was giving Carmack his personal cell phone number. Some believe Musk was aiming to recruit Carmack, which wouldn't be unheard of; however, the Facebook exec attempted to quell suspicions without directly addressing Musk's tweet. (more...)
When Your Hotel Charges $350 for a Negative Review When Your Hotel Charges $350 for a Negative Review
- December 21, 2017

She told the television station that she cleaned the room herself. "We checked the sheets and I found hairs and dirt", she added. When they arrived, their room was unclean, without a functioning air conditioner and had other issues, she said . (more...)
United States existing home sales, prices surge in November United States existing home sales, prices surge in November
- December 21, 2017

Despite tight supply, 10,719 homes were sold in November, the second highest total for the month on record. Lawrence Yun, NAR's chief economist, said market conditions were holding back first-time homebuyers, and the bulk of sales activity came from buyers moving into larger houses who are able to make sizable cash down payments. (more...)
AT&T to invest $1B and pay bonuses due to GOP tax bill
- December 21, 2017

AT&T has previously backed the tax plan, with CEO Randall Stephenson saying at a Business Roundtable event earlier this year that it would be a "bad indictment" if Republicans failed to pass the bill. Other companies have been more reluctant to promise any new investments or returns for workers as a result of tax cuts. Boeing Co. separately pledged $300 million Wednesday for employee training, improved workplace infrastructure and corporate giving, crediting the tax cuts. (more...)
LLC Sells 28805 Shares of Charles Schwab Corp (SCHW)
- December 20, 2017

It has outperformed by 15.41% the S&P500. Cullen Capital Management Llc decreased its stake in China Mobile Ltd. (Adr) (CHL) by 31.2% based on its latest 2017Q2 regulatory filing with the SEC. Da Davidson And Co owns 5,068 shares for 0% of their portfolio. Prudential Financial Inc has 20,755 shares. New York State Common Retirement Fund, which manages about $75.82 billion US Long portfolio, decreased its stake in Lincoln National Corp (NYSE:LNC) by 60,201 shares to 677,779 shares, valued ... (more...)
What Does The Data Behind Marathon Petroleum Corporation (NYSE:MPC) Suggest? What Does The Data Behind Marathon Petroleum Corporation (NYSE:MPC) Suggest?
- December 20, 2017

Weaver C Barksdale And Assoc Inc invested 1.56% of its portfolio in Marathon Petroleum Corporation (NYSE: MPC ). It has outperformed by 29.50% the S&P500. 0 analysts gave its stock an Outperform rating. The stock of Marathon Oil Corporation (NYSE: MRO ) earned "Hold" rating by Jefferies on Friday, June 23. (more...)
Virgin Hyperloop One raises $50M, names Richard Branson as chairman Virgin Hyperloop One raises $50M, names Richard Branson as chairman
- December 20, 2017

A hyperloop is a sealed tube system created to allow people to travel at speeds of hundreds of miles per hour. The billionaire businessman will become chairman at the United States company which hopes to build high speed transport based on a technology concept created by Elon Musk around the world. (more...)
What Are Analysts Suggestions On Rite Aid Corporation (RAD)
- December 20, 2017

Northland Power Inc. (OTCMKTS:NPIFF) has 0.00% since December 19, 2016 and is. It has outperformed by 17.62% the S&P500. The company reported ($0.01) earnings per share for the quarter, meeting the Zacks' consensus estimate of ($0.01). The rating was initiated by Loop Capital Markets on Monday, September 11 with "Hold". Therefore 14% are positive. The stock was sold at an average price of $2.09, for a total value of $58,915.01. (more...)
Washington blames N. Korea for massive spring cyberattack Washington blames N. Korea for massive spring cyberattack
- December 20, 2017

Bossert also called the attack reckless, while Reuters cites a "senior administration official" who declined to comment on whether or not the United States believes it was a deliberate attack or accidental. The attack exploited a Windows vulnerability that was originally developed by the US National Security Agency, but was released in a stolen cache of NSA cyberweapons by hacking group known as the Shadow Brokers. (more...)
Salvation Army Red Kettle Donations Down: 'Help Us To Help Others' Salvation Army Red Kettle Donations Down: 'Help Us To Help Others'
- December 19, 2017

Pictured are Sharon Anderson, Kettle Coordinator, and Denis McCarthy, St. Vincent de Paul, at the kettle where a $15,000 donation was received. Jeff Daniel, of the Tupelo Salvation Army. "I'm having another boost on the 20th", Booze said. Iverson, 32, was a Cal Fire engineer killed December 14 while battling the blaze outside Fillmore. (more...)
Chevrolet Silverado previewed ahead of debut Chevrolet Silverado previewed ahead of debut
- December 19, 2017

Possibly, the same will go for the new 2019 GMC Sierra - though that will undoubtedly feature a different front end, along with brand and buyer-driven differences. The rear bed maintains Silverado's signature vertical taillights and its corner bumper-step for easy bed access. Chevrolet is holding its cards close to its chest at the moment, but did give us a few key insights to the next-generation truck before whisking it away off-site. (more...)
EU Commission launches investigation against IKEA's suspected tax avoidance EU Commission launches investigation against IKEA's suspected tax avoidance
- December 19, 2017

European competition commissioner Margrethe Vestager said: 'Countries can not just allow selected companies to pay less tax. "Member states can not let selected companies pay less taxes by allowing them to artificially shift their profits elsewhere", she said in the Commission's press statement. (more...)
N.Korea must earn right to talks N.Korea must earn right to talks
- December 19, 2017

He showed willingness to sit down with the North " with no preconditions ". The US and North Korea have clashed once again in the UN Security Council chamber. In opening Friday's Security Council session, U.N. Secretary-General Antonio Guterres urged the world to start communicating with North Korea to reduce the risk of "miscalculation or misunderstanding". (more...)
Alabama to freeze enrollment in children's health program in two weeks Alabama to freeze enrollment in children's health program in two weeks
- December 19, 2017

CHIP funding lapsed on September 30 and has yet to be renewed by Congress, leaving states to patch together funding with monies redistributed by the CMS. The establishment of the Children's Health Insurance Program was a true bipartisan endeavor, first authored by late Democratic Sen. But the Children's Health Insurance Plan went mainstream last week. (more...)
Newcastle players cancel Christmas to focus on relegation battle Newcastle players cancel Christmas to focus on relegation battle
- December 18, 2017

Suffice it to say nothing has really gone to plan for either club this season, but this match could represent an opportunity to start turning things around. We had chances at the end and we stayed in the game and worked hard. " If we continue playing like this, we will have a couple of games where we get better results, that will give us more confidence ". (more...)
Diego Simeone opens up on Antoine Griezmann transfer Diego Simeone opens up on Antoine Griezmann transfer
- December 18, 2017

There were strong rumours linking Griezmann with an Old Trafford switch in the summer but a move fell through due to Atletico's transfer plan that prevented them being able to replace the Frenchman. 'If a player comes to me and says: "Coach, I have a once in a lifetime chance to play for a certain team, I want to leave". "I know that he needs to grow". (more...)
Things in 2017: Net neutrality and the future of the internet Things in 2017: Net neutrality and the future of the internet
- December 18, 2017

This was challenged on the basis that such regulations would hurt further investments in infrastructure for broadband, etc. Thursday's 3-2 vote fell along party lines with the Republicans in the majority. Once the new recommendations are formally published and take effect in the next few months, they will nearly certainly be challenged in court. In a statement issued after the FCC's vote last Thursday on net neutrality, Wicker indicated some openness to legislative action that could ... (more...)
Trump touts GOP tax plan before departing for Camp David Trump touts GOP tax plan before departing for Camp David
- December 17, 2017

Though Rubio voted for an earlier version of the tax bill that narrowly passed through the Senate, his opposition could imperil reform that requires near full Republican support. Remain deductible for those who itemize, and the current limitation of 50% of income is increased to 60%. On Friday, a spokeswoman for the Florida senator said that he was satisfied with the changes made in conference. (more...)
Small-Cap Slump Echoes Yellen Doubt on Tax Cut's Economic Impact Small-Cap Slump Echoes Yellen Doubt on Tax Cut's Economic Impact
- December 17, 2017

Eventually under Yellen, the Fed responded to a steadily improving job market and economy by modestly raising the rate - in December 2015, in December 2016 and now three times this year. On Wednesday, the Fed boosted its forecast for growth to 2.5 per cent next year, up from a previous forecast of 2.1 per cent. She cautioned that the new projections shouldn't be taken as estimates of the economic impact of a tax overhaul, stressing that "considerable uncertainty" about the effects remain. (more...)
Shopping online? Here's how to get free shipping Friday Shopping online? Here's how to get free shipping Friday
- December 17, 2017

Friday Dec. 22, all Toys "R" Us stores will remain open for 63 straight hours of continuous shopping (stores close at 9 p.m. Christmas Eve). Now through December 23 , Target is offering free shipping with no minimums. Cabela's - Free shipping is available to customers today if they use the code "7HOLIDAYS". Tommy Hilfiger: Enter the code LATEBIRD and you'll get 40% off sitewide, plus free standard shipping on Friday. (more...)