Markets

Man kicked off flight for wearing too many clothes

Man kicked off flight for wearing too many clothes He then accused British Airways of racial profiling. A spokesman added: "We do not tolerate threatening or abusive behaviour.' After giving police a statement Mr Williams returned to the airport the next day to get an easyJet flight , but says he wasn't allowed to board". [Full Article...]

RCom announces debt revival plan, ropes in new investor

RCom announces debt revival plan, ropes in new investor RCom will also receive investments from private equity companies, helping further reduce debt, Ambani added, without providing details. Reliance Jio has emerged as the highest bidder for 3-4 of the five asset packages of Reliance Communications . [Full Article...]

United Kingdom inflation fell back to three per cent last month

United Kingdom inflation fell back to three per cent last month Inflation in the United Kingdom fell to 3% in December 2017, down from November's 6-year high of 3.1%. The percentage change in the average composite CPI for the 12-month period ending in December 2017 over the average of the CPI for the previous 12-month period was 16.50 percent, showing 0.26 percent point lower from 16.76 percent recorded in November 2017. [Full Article...]

McDonald's Packaging to Go Completely Green by 2025

McDonald's Packaging to Go Completely Green by 2025 Foam drink containers make up about 2 percent of McDonald's packaging, according to the Chicago Tribune . Likewise, 10 percent of McDonald's restaurants globally are recycling customer packaging. Its goal is to use only packaging with Forest Stewardship Council certification, which certifies that materials are produced from responsibly managed forests. [Full Article...]

Bitcoin, Rival Cryptocurrencies Plunge on Crackdown Fears

Bitcoin's slide triggered a selloff across the broader cryptocurrency market, with biggest rival Ethereum down 23 percent on the day at one point, according to trade website Coinmarketcap , and the next-biggest, Ripple, plunging by as much as a third. [Full Article...]

Dow Jones hits 26000 milestone as earnings optimism feeds rally

Dow Jones hits 26000 milestone as earnings optimism feeds rally It dates back to 1896 and one of several indices created by Wall Street Journal editor and Dow Jones & Company co-founder Charles Dow. UnitedHealth rose 1.9 percent after the largest US health insurer reported results that beat estimates and raised its 2018 earnings outlook. [Full Article...]

China chides more multinational enterprises over labelling of Taiwan

China chides more multinational enterprises over labelling of Taiwan China's internet regulator, the Shanghai Cyberspace Administration , said Friday on its official WeChat page that after receiving reports from internet users, it had ordered the Chinese operators of Zara .cn and Medtronic .com to rectify "illegal contents" on their websites, and to issue a public apology before 6 p.m. [Full Article...]

Kenya Airways to launch first USA services in October 2018

Kenya Airways to launch first USA services in October 2018 Kenya Airways operates a further 40 routes within Africa from Nairobi. The flight will depart daily from Jomo Kenyatta International Airport hub in Nairobi at 2325 and arrive at JFK airport in NY at 0625 the following day. American firms with a deep presence include IBM, Coca-Cola, Google, Microsoft and Cisco. It is the largest tourist source market, and in the period to October 2017 accounted f... [Full Article...]

Dollar Whacked by Unexpected News About Future Chinese US Debt Purchases

Dollar Whacked by Unexpected News About Future Chinese US Debt Purchases Benchmark 10-year note US10YT=RR yields were last down to 2.564 percent, after peaking at 2.597 percent, the highest since March 15. The decision is based on the fact that other investments may offer better returns, but also on the mounting trade tensions between Beijing and Washington. [Full Article...]

AAA Michigan: Statewide average gas prices decline 6 cents

AAA Michigan: Statewide average gas prices decline 6 cents Austin- $2.22/g, up 0.8 cents per gallon from last week's $2.21/g. "The cold weather has also played a role, with more crude being needed for production of home heating oil". Average U.S. gasoline demand fell 8.8 percent last week in the first decline since November, government data show. Gasoline inventories jumped by almost 5 million barrels while distillate inventories, made up of heating oil a... [Full Article...]

Uber reportedly uses a 'secret tool' to hide data from police

Uber reportedly uses a 'secret tool' to hide data from police It says the system was used in May 2015 when 10 investigators for the Quebec tax authority burst into Uber Technologies Inc's office in Montreal. The program's name was a nod to the character played by Sigourney Weaver , who is prepared to annihilate herself and her environment if it means ensuring that her space alien foes die in the process. [Full Article...]

Highly Traded Stock: Twenty-First Century Fox, Inc

The stock decreased 0.12% or $0.07 during the last trading session, reaching $60.96. About 6.22M shares traded. CVS Health Corporation (NYSE:CVS) has declined 24.40% since January 7, 2017 and is downtrending. The company reported its last earnings Actual EPS of $0.49/share. Since August 16, 2017, it had 0 insider buys, and 7 selling transactions for $58.32 million activity. [Full Article...]

Walmart to Up Wages, Award One-Time Bonus

Walmart to Up Wages, Award One-Time Bonus Wal-Mart is the largest private employer in the world with 2.2 million employees, including more than 1.5 million in the U.S. Its current starting salary in the U.S.is $10 an hour after workers take a training course. tax code overhaul that cut the corporate rate from 35% to a flat 21%. McMillon said Walmart is in the "early" stages of assessing opportunities from the GOP tax plan, adding " ta... [Full Article...]

IKEA asks women to pee on new advertisement

IKEA asks women to pee on new advertisement Adweek called the crib ad "definitely the coolest pee-based advertising since 2001 when Animal Planet put urine-scented ads at the bottom of lampposts to attract dogs (whose owners then saw a larger ad at their own eye level promoting a dog award show)". [Full Article...]

Walt Disney (NYSE:DIS) Receives Daily Media Impact Score of 0.12

It has outperformed by 85.26% the S&P500. Among 38 analysts covering The Walt Disney Company (NYSE:DIS), 22 have Buy rating, 3 Sell and 13 Hold. The Bancorpsouth Inc holds 23,028 shares with $2.27M value, up from 12,284 last quarter. (NASDAQ:DISCK) to report earnings on February, 13. The entertainment giant reported $1.07 EPS for the quarter, missing the Zacks' consensus estimate of $1.12 by ($0... [Full Article...]

Toll Brothers Inc. (TOL), Marathon Oil Corporation (MRO)

Toll Brothers Inc. (TOL), Marathon Oil Corporation (MRO) The stock decreased 0.45% or $0.37 during the last trading session, reaching $82.05. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 2.45% with $847.82 Million sitting short, betting on future declines. [Full Article...]

No Takebacks? Jamie Dimon Now Regrets Calling Bitcoin a 'Fraud'

No Takebacks? Jamie Dimon Now Regrets Calling Bitcoin a 'Fraud' Bitcoin prices were cruising upward at the time, months before cryptocurrency values skyrocketed. The 61-year-old CEO said Tuesday he's still not very interested in the subject, and thinks that government intervention may eventually hamper bitcoin's growth and acceptance. [Full Article...]

Aldi and Lidl end year as fastest growing supermarkets

Aldi and Lidl end year as fastest growing supermarkets Total grocery spending in the United Kingdom during the four weeks to 30 December hit £10.5bn, up 3.7 per cent year-on-year. "Shoppers are splashing out despite fewer promotions to tempt them". Kantar said that this was the fastest sales growth the retailer has seen since June, helped by a 6.4 per cent increase in sales of standard Tesco own label. [Full Article...]

Martin Luther King Jr. Observance Day schedule announced

Martin Luther King Jr. Observance Day schedule announced Volunteers will meet at 8:30 a.m.in Alumni Hall in the HUB-Robeson Center and will be dispersed to various locations throughout the community. The annual MLK National Holiday Celebration includes five free, family-friendly events created to promote inclusiveness in Mecklenburg County. [Full Article...]

Two planes collide on ground at Toronto's Pearson airport, one firefighter injured

Two planes collide on ground at Toronto's Pearson airport, one firefighter injured WestJet says 168 passengers and six crew members were on the flight, all of whom were got to safety by sliding down the emergency chutes. According to one passenger account, the tail of the Sunwing plane backed into the wing of the WestJet flight, causing a fire to break out, reported CTV . [Full Article...]


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