Finance


NY state lawmaker charged with fraud, obstructing justice NY state lawmaker charged with fraud, obstructing justice
- January 10, 2018

Photo The Legislature in Albany was in session on Tuesday, but Assemblywoman Pamela Harris was absent; her indictment on fraud charges was unsealed on Tuesday, and her arrest announced. New York City Department of Investigation Commissioner Mark Peters also blasted the scheme. New York City Department of Investigation (DOI) Commissioner Mark G. (more...)
Jeff Bezos is the richest person in the world Jeff Bezos is the richest person in the world
- January 10, 2018

Bezos and Gates have been fighting for the top spot for a while; Bezos was briefly the richest man in the world in July , before his share prices dropped a few hours later. Bezos is also the owner of the Washington Post and Blue Origin , a private space travel company. He moved back ahead of Gates in November when he first crossed the $100 billion net worth mark, as Amazon stock performed very well during the holiday period. (more...)
Oops! We didn't mean to call Oprah our president, NBC says Oops! We didn't mean to call Oprah our president, NBC says
- January 09, 2018

She indicated that the same thought had crossed her mind after Trump's election: "I thought, 'Oh gee, I don't have the experience, I don't know enough.' And now I'm thinking, 'Oh". This is not the first time Winfrey has been mentioned in conjunction with a possible presidential ticket. Seth Meyers and his wife Alexi Ashe attend The 75th Annual Golden Globe Awards at The Beverly Hilton Hotel on January 7, 2018 in Beverly Hills, California. (more...)
Girl Scout event teaches money management and leadership skills Girl Scout event teaches money management and leadership skills
- January 08, 2018

Last year, almost 2 million boxes of cookies were sold in Western Pennsylvania, alone. The Girl Scouts of the US is unveiling a major. Girl Scout cookies will go on sale starting next Saturday, January 13, and run through March 4. Five days after New Year's resolutions were made, Girl Scout cookie sales are here to make you forget them. This season marks the 101st year the Girl Scouts have been selling cookies, and in honor of that, the organization's bringing back the s'mores cookie . (more...)
Travis Kalanick, Uber Co-Founder, to Sell 29 Percent of His Stake Travis Kalanick, Uber Co-Founder, to Sell 29 Percent of His Stake
- January 08, 2018

However, the publication reports that originally Kalanick offered to sell half of his stake - but this was reduced to 29 percent due to sale limits already in place between himself and the Softbank investors. SoftBank had been hinting of taking its billions of dollars and global influence to back rival Lyft. The former CEO owns 10 percent of the company, which means his sale will unload 2.9 percent of Uber shares and earn him about $1.4 billion, the source added. (more...)
Earthquake Jolts California's Bay Area Earthquake Jolts California's Bay Area
- January 07, 2018

But there's also a chance that this was a foreshock, a precursor to a larger natural disaster. " How active is the Hayward Fault? ". The quake was on the Hayward Fault, part of the San Andreas Fault . Early delays in train service were cleared up by 5:30 a.m., the agency said. However, at about 4:45 a.m., BART reported on its Twitter account that there were "no initial reports of damage on our system". (more...)
Intel Reports 'Significant Progress' In Patching Chip Security Flaws Intel Reports 'Significant Progress' In Patching Chip Security Flaws
- January 07, 2018

While security flaws are typically limited to a specific company or product, Intel says the problem is "not a bug or a flaw in Intel products" but rather a broader problem affecting processing techniques common to modern computing platforms. (more...)
Missed the Bitcoin Rally? This Cryptocurrency May Be Your Second Chance
- January 07, 2018

Larsen, with his XRP holdings, ranks just ahead of Google co-founder Larry Page and a few billion dollars behind Mexican business magnate Carlos Slim, who formerly held the title of the world's richest person. Evaluated at close to $55 Billion, Chris Larsen is now eyeing at Mark Zuckerberg's no. 4 spot. Alright for some, isn't it? Not us, so don't take our advice. (more...)
Plane evacuated after Toronto airport collision
- January 07, 2018

A spokesman for the Transportation Safety Board, Canada's transportation regulator, said a team was headed to the airport to investigate. There were 168 passengers and six crew members aboard the arriving airplane, according to Lauren Stewart, a WestJet spokeswoman. (more...)
Trump administration proposes $18b for border wall extension Trump administration proposes $18b for border wall extension
- January 07, 2018

The White House on Friday added the funding request to a list of prior conditions it sent to Congress in early October, including an end to chain migration policies and the diversity lottery, both of which Trump implicated in the wake of recent terror attacks on NY. (more...)
United flight diverted to Alaska after man spreads feces in lavatories United flight diverted to Alaska after man spreads feces in lavatories
- January 06, 2018

An worldwide United Airlines flight was diverted and forced to land Thursday night after a passenger reportedly smeared feces on the walls of multiple airplane bathrooms. He was then taken to a hospital for a psych evaluation and no charges have been filed according to KTVA . The reason? A passenger defecated all over two of the bathrooms of a Boeing 777, rendering them both useless. (more...)
GDP growth seen at four-year low GDP growth seen at four-year low
- January 06, 2018

The economy is expected to grow at a four-year low of 6.5 per cent this fiscal, according to the first advance estimate of national income released by the Central Statistics Office on Friday. The EAC-PM Chairman said the advance estimate numbers only reinforce what was already known - that reforms undertaken by the government will place the economy on an upward growth trajectory, without compromising on fiscal consolidation. (more...)
Healthcare adds 31k jobs in December; hospital job growth picks up Healthcare adds 31k jobs in December; hospital job growth picks up
- January 06, 2018

Over the year, the unemployment rate and the number of unemployed persons were down by 0.6 percentage point and 926,000, respectively. The unemployment rate for African-Americans dropped to a record low of 6.8 percent . Saint John lost 2,400 jobs in the same period. Traditional stores are struggling, and some going out of business altogether, as more people shop online. (more...)
What are the world's safest airlines for 2018? What are the world's safest airlines for 2018?
- January 05, 2018

Netherland's KLM , Britain's easyJet, Finland's Finnair came fourth, fifth and sixth respectively, followed by Etihad Airways , US Spirit Airlines, Australia's Jetstars and UAE's Air Arabia in the following positions. Thomas says it only looks at serious incidents when making its determinations. "All airlines have incidents every day and many are aircraft manufacture issues, not airline operational problems", he said. (more...)
All Macs, iOS devices affected by chip security flaws - Apple warns All Macs, iOS devices affected by chip security flaws - Apple warns
- January 05, 2018

As the world absorbed the news that chips on practically every device made in the last decade are vulnerable to Spectre and Meltdown , the only tech giant staying quiet was Apple . Then Google's Project Zero team , which tracks down zero-day vulnerabilities on computer systems, reported that the flaw impacts almost all modern processors. (more...)
It's Hoda! Kotb named co-host of NBC's 'Today' show It's Hoda! Kotb named co-host of NBC's 'Today' show
- January 03, 2018

After the episode began, with Kotb's name appearing in Today's opening announcement for the first time, Savannah Guthrie made the announcement public, saying it had to be "the most popular decision NBC News have ever made". "I think we should send some medics to Alexandria, Va, where my mom has likely fainted". "I'm pinching myself", she added. The addition marks the first time a pair of women will be anchoring the program, according to NBC News. (more...)
Trending Stock: Cabot Oil & Gas Corporation (COG)
- January 01, 2018

It has outperformed by 195.58% the S&P500. Riggs Asset Managment Company increased its stake in Cabot Oil & Gas Corp Com ( COG ) by 28.17% based on its latest 2017Q3 regulatory filing with the SEC. Caxton LP accumulated 19,000 shares. Canada Pension Plan Investment Board owns 672,298 shares for 0.04% of their portfolio. 1,200 are owned by Union Commercial Bank Corporation. (more...)
Bitcoins, others like Ponzi scheme - India's finance ministry Bitcoins, others like Ponzi scheme - India's finance ministry
- January 01, 2018

Finally, the ministry reminded the Indian citizenry that the Reserve Bank of India had previously spoken out against "the potential financial, operational, legal, customer protection and security related risks" it associates with virtual currencies in December 2013, February 2017, and December 2017. (more...)
US Crude Oil Inventories Have Fallen ~10.6% in 2017 US Crude Oil Inventories Have Fallen ~10.6% in 2017
- January 01, 2018

United States light crude was expected to average US$55.78 a barrel next year, up from last month's forecast of US$54.78. Washington lifted a ban on petroleum exports in December 2015. WTI futures are now up 0.62% at $60.21 per barrel. The OPEC cartel and key non-OPEC producers including Russian Federation have agreed to extend a production cut agreement through 2018. (more...)
'Star Wars: The Last Jedi' hits $1 billion worldwide 'Star Wars: The Last Jedi' hits $1 billion worldwide
- January 01, 2018

While Universal's " Pitch Perfect 3 " didn't boost its numbers this weekend, it also posted solid numbers and will stay in third place this weekend, sitting between " Jumanji " and "Showman" with a $17.7 million 3-day/$22.7 million 4-day total, a drop off of just 14 percent that will give it a total by Monday's end of just under $70 million. (more...)
OH minimum wage increases OH minimum wage increases
- January 01, 2018

And while states like OH and Kentucky have blocked wage increases, others like Colorado and Hawaii just instituted pay raises of nearly a dollar. And that is the same rate for smaller companies with annual gross receipts of $305,000 or less per year, after January 1, 2018. (more...)
Congo forces fire tear gas at anti-Kabila protesters Congo forces fire tear gas at anti-Kabila protesters
- January 01, 2018

Congo police spokesman Col. Pierrot Mwanamputu, however, said the two were killed after an altercation with police. The delay has fuelled suspicions Kabila will try to remove constitutional term limits that forbid him from running again, as presidents in neighbouring countries have done. (more...)
Korea Cracks Down on Bitcoin Trading Korea Cracks Down on Bitcoin Trading
- December 30, 2017

Many of them believe that there is a huge bubble in the market and this can burst at any point in time . This makes regulators in South Korea nervous. "Cryptocurrency speculation has been irrationally overheated in Korea", the government said in a statement (as quoted by FT). "They are anxious about giving a wrong perception to the people". (more...)
Katrina overwhelmed by the success of Tiger Zinda Hai Katrina overwhelmed by the success of Tiger Zinda Hai
- December 30, 2017

If that wasn't all, while Tiger Zinda Hai is ruling the box office, Salman Khan too seems to be having a career high. A sequel to Kabir Khan's Ek Tha Tiger , Tiger Zinda Hai is touted as the best film of Salman's career. "#TigerZindaHai is now SECOND HIGHEST GROSSER of 2017, after #Baahubali2", Taran Adarsh added. After crossing the Rs 150-crore mark, Salman's film is all set Rs 200 Crore mark at Indian Box Office. (more...)
January 2018 Brings Super Moons, Blood Moon, Blue Moon January 2018 Brings Super Moons, Blood Moon, Blue Moon
- December 30, 2017

Under those conditions, the full moon appears to be as much as 14 percent larger and 30 percent brighter than a full moon when the moon is at its farthest point from Earth, which is called apogee. This means the 31st's supermoon will be a "super blue blood" moon , according to NASA . Really, this is the astrological event that is a true must-see in January. (more...)