Finance


Air passenger gets collar felt after wearing his excess baggage Air passenger gets collar felt after wearing his excess baggage
- January 18, 2018

Mr Willaims says he got through check-in and security, but once he arrived at the flight gate, a man told him he wasn't allowed to board because of the incident the day before. Ryan finally reached England on a Norwegian airline flight. The 22-year-old missed his BA flight from Iceland to the United Kingdom, and claims he was also barred from an easyJet plane the next day. (more...)
McDonald's Packaging to Be 100% 'Green' by 2025 McDonald's Packaging to Be 100% 'Green' by 2025
- January 17, 2018

McDonald's , in a bid to polish its reputation, has announced plans to recycle customer trash at all of its 37,000 restaurants by 2025. "Our customers have told us that packaging waste is the top environmental issue they would like us to address", said Francesca DeBiase, McDonald's sustainability officer, in a statement . (more...)
Citi investors go through the tax looking glass Citi investors go through the tax looking glass
- January 17, 2018

President Donald Trump's tax reforms have pushed USA banking giant Citi to a vast $18.3bn (£13.3bn) loss in the fourth quarter of a year ago. Excluding the effects of the tax revamp, the financial giant's net income was up four percent over the same quarter of 2016 at $3.7 billion, or $1.28 per share. (more...)
GE to take $6.2 bln charge in its finance arm GE to take $6.2 bln charge in its finance arm
- January 17, 2018

The stock increased 1.51% or $1.45 during the last trading session, reaching $97.65. About 33,798 shares traded. Monro, Inc. (MNRO) has declined 18.88% since January 16, 2017 and is downtrending. It also upped Fortress Investment Group Llc (NYSE:FIG) stake by 1.29 million shares and now owns 7.77M shares. Therefore 13% are positive. General Electric Company operates as an infrastructure and technology firm worldwide. (more...)
Dow hits 26000 points but loses early gains
- January 17, 2018

The 30-stock index was boosted by gains in UnitedHealth , Boeing and Merck . The Dow advanced 228.46 points or 0.9 percent to 25,803.19, the Nasdaq climbed 49.28 points or 0.7 percent to 7,261.06 and the S&P 500 rose 18.68 points or 0.7 percent to 2,786.24. (more...)
Airbus to shut down A380 programme if fails to clinch Emirates deal Airbus to shut down A380 programme if fails to clinch Emirates deal
- January 16, 2018

Airbus also admitted on Monday that the future of its A380 super jumbo program is highly uncertain. "If we can not work out a deal with Emirates, I think there is no choice but to shut down the program", John Leahy , the company's chief operating officer, told reporters on Monday. (more...)
Uber used yet another secret tool to evade law enforcement Uber used yet another secret tool to evade law enforcement
- January 15, 2018

In that same vein, three sources told Bloomberg that Ripley had proved useful when foreign police officers showed up without warrants or with warrants that were far from specific. A year after the incident, the judge in the Quebec tax authority's lawsuit against Uber wrote that "Uber wanted to shield evidence of its illegal activities". (more...)
Carillion plunges on reports lenders have rejected its debt restructuring plan Carillion plunges on reports lenders have rejected its debt restructuring plan
- January 14, 2018

Carillion also has major contracts to supply facilities management at 83 military sites in Scotland , as well as a 28-year contract managing the "elderly beds facility" at Glasgow's Queen Elizabeth University Hospital. "You can see that one the one hand, it's in everybody's best interest that Carillion continues, but at the same time it's hard to chart a way forward". (more...)
City garbage routes will not run in observance of MLK Day
- January 14, 2018

We don't believe him. "But since you have the elected leader of our country speaking profanely about people from other places in a way that's really pretty explicit, it becomes, I think, even more important to affirm another stream of values that King represented". (more...)
EPS for Digital Realty Trust, Inc EPS for Digital Realty Trust, Inc
- January 14, 2018

About 868,621 shares traded. Advance Auto Parts, Inc. Travis Perkins plc (LON:TPK) has 0.00% since January 13, 2017 and is. It has underperformed by 15.19% the S&P500. Since August 7, 2017, it had 0 insider buys, and 12 sales for $93.68 million activity. The insider Kite John A sold $341,530. Investors sentiment is 0.83 in 2017 Q3. (more...)
Anti-Walmart Group Unimpressed With Tax Bonuses Anti-Walmart Group Unimpressed With Tax Bonuses
- January 13, 2018

Reports of the warehouse club closures surfaced piecemeal, with five closing in IL and at least three store closures in Houston . While Walmart's announcement might dovetail favorable opinions about the GOP's new tax reform bill, some observers are taking the news of the pay hikes with a grain of salt, since the company also reportedly shut down 63 Sam's Clubs across the country Thursday. (more...)
CES 2018, An Event All About Consumer Electronics, Hit By Major Blackout CES 2018, An Event All About Consumer Electronics, Hit By Major Blackout
- January 13, 2018

A storm system that dumped more than half as much rain as the Las Vegas Valley saw all of previous year also brought with it the wettest January day on record. Toyota Motor Corp announced on Monday a self-driving electric concept vehicle that it will tailor for companies to use for tasks like ride hailing and package delivery, underscoring how automakers are no longer simply building cars but also providing services to go with them. (more...)
Consumer Prices in December Set Stronger Inflation Pressure for 2018 Consumer Prices in December Set Stronger Inflation Pressure for 2018
- January 13, 2018

The reports likely keep the Federal Reserve on course to raise interest rates at least three times this year. "The hardening of the CPI inflation in December 2017 was led by the sharp jump in inflation for housing, as well as a base-effect led uptick in food inflation, with a limited impact of the cut in GST rates". (more...)
Man irate after Costco lets woman return dead Christmas tree in January Man irate after Costco lets woman return dead Christmas tree in January
- January 12, 2018

Christmas is over so it's time to take down your Christmas tree... or return it to the shop that sold it to you? "I can't make this stuff up", Scott Bentley wrote. 'But I don't think it fazed her because she had no conscience, ' the man wrote on Facebook . It may be January, but some people are still in the process of returning those unwanted Christmas items back to stores. (more...)
Dropbox to become a public company Dropbox to become a public company
- January 12, 2018

According to that report, Dropbox reportedly aims to list within the first half of 2018. Dropbox had about 500 million users and 200,000 paying business customers on its books a year ago. Unlike money-losing Snap , Dropbox will come to the table with annualized sales of more than $1 billion (roughly Rs. 6,350 crores), Chief Executive Officer Drew Houston said in an interview previous year. (more...)
Festive sales fall for Marks and Spencer Festive sales fall for Marks and Spencer
- January 12, 2018

Britain's biggest retailer posted its total like-for-like sales growth was 1.9 per cent with food rising 3.4 per cent. Tesco's fresh food sales outperformed its rivals by nearly four per cent, the supermarket added. House of Fraser said Black Friday was more successful for the chain, with sales over the promotional event in November up 0.8% in stores and within 1% of last year's record performance online. (more...)
Toyota adds 601000 USA vehicles to Takata air bag recalls Toyota adds 601000 USA vehicles to Takata air bag recalls
- January 12, 2018

The latest recall by Ford involves vehicles already recalled in 2016. The recall involves about 2,902 vehicles located in North America, with 2,712 located in the United States and federalized territories and 190 in Canada. Toyota is recalling 601,000 more vehicles in the U.S.to replace defective and potentially deadly Takata air bag inflators. Takata inflators can explode with excessive force, unleashing metal shrapnel inside cars and trucks and have injured more than 200. (more...)
Sam's Club Announces Store Closures Sam's Club Announces Store Closures
- January 12, 2018

Bill Southwell said he comes from Warren, Pa., to buy bulk candy at Sam's Club , with peppermint patties as a personal favorite. Sam's Club's statement on Twitter said that,"After a thorough review of our existing portfolio, we've chose to close a series of clubs and better align our locations with our strategy". (more...)
Walmart says it's raising wages thanks to the GOP tax plan Walmart says it's raising wages thanks to the GOP tax plan
- January 12, 2018

The changes will take effect in February and affect more than 1 million US Walmart employees, the company said. The wage change will apply to all hourly associates in the USA who work in Walmart stores, Sam's Clubs locations, eCommerce, logistics and Home Office, according to company officials. (more...)
Why ISRO's first launch of 2018 made Pakistan nervous Why ISRO's first launch of 2018 made Pakistan nervous
- January 12, 2018

The next mission of Geosynchronous Satellite Launch Vehicle (GSLV) Mark II was being assembled and is scheduled to be launched next month, Kumar added. " ISRO is starting 2018 with the successful launch. all customer satellites (besides Cartosat and nanosat) released and the microast after one hour". (more...)
Toyota and Mazda announce Limestone County plant Toyota and Mazda announce Limestone County plant
- January 11, 2018

Automakers Toyota and Mazda on Wednesday announced plans to build a new final assembly in Alabama. The new plant -in a state Trump won by 28 points in 2016 - could be a political boost to the Republican president, who has urged automakers to build plants in the United States and add jobs. (more...)
4500 new flu cases reported in Pennsylvania 4500 new flu cases reported in Pennsylvania
- January 11, 2018

He said people should avoid visiting those places if sick. In past years, the effectiveness of flu vaccines in general has been lower against H3N2 viruses than against other influenza A- or B-strain flu viruses. The emergency room at UCLA Medical Center in Santa Monica has had to turn away patients as more than 200 people have come in reporting flu-like symptoms, numbers that doctors haven't seen since the 1994 Northridge quake that killed 57. (more...)
Ikea Wants Customers To Urinate On Its Ads In Whacky Campaign Ikea Wants Customers To Urinate On Its Ads In Whacky Campaign
- January 11, 2018

Ikea has hit upon a sure-fire headline generating ruse after dreaming up an unconventional crib promotion which promises discounted cribs with just one catch - pregnant mothers must pee on the advert to claim their prize. Mercene Labs , which helped create the ad, explained it had used the pregnancy test strip as a starting point and used the same technology to detect antibodies that bind to the pregnancy hormone hCG, resulting in a color change. (more...)
Mike Pettine to be Packers' defensive coordinator Mike Pettine to be Packers' defensive coordinator
- January 11, 2018

Pettine worked as a defensive coordinator with the New York Jets from 2009 to 2012. Pettine would replace Dom Capers , who was sacked earlier this month after nine years with the team. Defensive line assistant Jerry Montgomery is leaving the Packers after three years to go back to the college ranks and coach the defensive line at Texas A&M. (more...)
TCL Debuts Alto Roku Smart Sound Bar TCL Debuts Alto Roku Smart Sound Bar
- January 10, 2018

TCL Roku TVs launching in the North American market this year will establish updated categories for the brand. These are basically the replacements to the 2017 C-series and S-Series models we mentioned above and though we don't expect the same performance from them as what we're seeing with the 6-series, we hope, and think that they will at least do better than 2017's C-series did at delivering high quality video. (more...)