Economy


Dev Patel 'confirms romance with actress Tilda Cobham-Hervey'
- March 03, 2017

Tilda Cobham-Hervey is co-starring in the film, and the filming has begun in Mumbai . We're happy for them. Her breakout performance was in the 2013 independent release 52 Tuesdays , where she played the daughter of a mother who reassigns her gender to male. (more...)
Dow Jones Industrial Average crosses 21000 for the first time Dow Jones Industrial Average crosses 21000 for the first time
- March 03, 2017

The Standard & Poor's 500 index fell 3 points, or 0.1 percent, to 2,366. The Dow was up 195 points, or 0.94%, to 21,007.96 at 9:39 a.m. ET. "In terms of percentage moves, the move in 1999 was much larger", said Ryan Detrick, a senior market strategist with LPL Financial. (more...)
Nintendo Switch Parental Control App Now Available Nintendo Switch Parental Control App Now Available
- March 03, 2017

The preorder era might be ultimately more convenient for consumers who would rather just know if they were getting a product or not, but it lacks a certain sense of excitement. On the go, however, when considered as the world's most powerful dedicated handheld gaming system, it's an incredibly impressive piece of kit, especially considering the graphics on display in games like Breath of the Wild . (more...)
Duterte restarts war on drugs after police inquiry
- March 01, 2017

The planned task force will be created to augment Philippine Drug Enforcement Agency's (PDEA) anti-illegal drug operation, Mr. Duterte said. In January, Duterte had temporarily suspended his controversial anti-drug campaign, which led to more than 7,000 drug-related deaths in police operations and clashes with vigilante groups. (more...)
Oil Rises To $56.65 But Gains Pared After 7th Straight Stock Build Oil Rises To $56.65 But Gains Pared After 7th Straight Stock Build
- February 27, 2017

Bank in Park City, Utah. Iran said on Thursday an increase in oil prices to more than $55 per barrel was not in the interest of OPEC as it would lead to a rise in output by non-OPEC producers. U.S. crude stocks rose 564,000 barrels last week, its seventh consecutive rise, data from the U.S. Energy Information Administration showed on Thursday, although less than previously expected. (more...)
Buffett praises Bank of America's buybacks
- February 26, 2017

The 86-year-old billionaire keeps adding to the mix. Buffett used the letter to again explain the advantages of low-priced index funds. "The bottom line: When trillions of dollars are managed by Wall Streeters charging high fees, it will usually be the managers who reap outsized profits, not the clients", Buffett wrote . (more...)
Durango protesters unite against Dakota Access Pipeline Durango protesters unite against Dakota Access Pipeline
- February 26, 2017

Doug Burgum set for the camp to clear so private contractors can finish the controversial pipeline. In his order , Burgum wrote that the areas being occupied are in areas that "routinely experience spring flooding and are historically subject to flash flooding", adding that unseasonably warm temperatures have hastened the potential for flooding. (more...)
After reported opposition, DeVos defends ending transgender protections to friendly CPAC crowd After reported opposition, DeVos defends ending transgender protections to friendly CPAC crowd
- February 26, 2017

But if Secretary of Education Betsy DeVos is truly "committed to investigating all claims of discrimination, bullying and harassment against those who are most vulnerable", as she claimed in her press statement regarding the new guidance, why would she characterize civil rights as "an issue best solved at the state and local level "? She faced intense opposition during the Senate confirmation process, barely earning enough votes to make it to President Trump's Cabinet. (more...)
Students clash outside Delhi's Ramjas college over cancellation of seminar Students clash outside Delhi's Ramjas college over cancellation of seminar
- February 25, 2017

Even teachers alleged they were heckled and abused. The protest started at 11 am at the PHQ main gate. AAP leader Kumar Vishwas alleged that the Delhi police was being used as a tool by the central government. But because of the furore, now the whole nation is hearing me. A number of teachers said they had never imagined a situation where they would see their own students attacking them and the incident has left them both shocked and terrorized. (more...)
Piedmont Office Realty Trust, Inc. (NYSE:PDM) Under Analyst Spotlight
- February 25, 2017

Stifel Financial Corp acquired a new stake in shares of Education Realty Trust during the second quarter valued at $355,000. (NYSE:EDR) shares traded N/A during the most recent session. 06/01/2016 - Wells Fargo began new coverage on Digital Realty Trust, Inc. giving the company a "outperform" rating. Finally, LS Investment Advisors LLC boosted its stake in First Industrial Realty Trust by 5.7% in the third quarter. (more...)
Polls: Support for Obamacare hits all-time high
- February 25, 2017

As Republicans try to balance their promise to repeal Obamacare with the health law's increasing popularity , one GOP lawmaker employed a novel argument on Thursday: If fewer people are insured under the Republican replacement plan, that's simply a sign of greater freedom. (more...)
Cal Blows Huge Lead, Gets Buried By Dillon Brooks Buzzer-Beater
- February 25, 2017

Oregon Ducks' junior forward Dillon Brooks has made some negative headlines with a groin kick a flop, but he's had some great moments on the court this season too. "I'm going to tell you right now, he's better than Stephen Curry to me", Ball's father, LaVar, told the Pac-12 network in an interview during the game. (more...)
Burger King and Tim Hortons owner to buy Popeyes for $1.8 billion
- February 25, 2017

Burger King just purchased Popeyes. Reuters reported on Monday that Restaurant Brands was nearing a deal to buy Popeyes, citing people familiar with the matter. The company's current management is expected to continue to operate the US business. Prior to the acquisition, RBI owned more than 20,000 fast food restaurants across the globe. (more...)
Barclays Shares Increase on Capital Boost, Restructuring Progress Barclays Shares Increase on Capital Boost, Restructuring Progress
- February 24, 2017

Its annual report showed that 364 employees earned more than £1 million a year ago, while 11 took home pay deals worth more than £5 million. The company said it will close the unit that houses its undesirable resources six months sooner than anticipated, and that it achieved a partition concurrence with the administration of African division. (more...)
Dollar steadies after slipping in knee-jerk reaction to Fed minutes
- February 24, 2017

Fed officials are trying to still balance out the risk in the economy... Paul Ashworth, chief United States economist at Capital Economics, said the "fairly soon"' phrase in the minutes "clearly leaves the door open to a March rate hike, although. (more...)
Plane slumped on tarmac after landing gear collapses on landing Plane slumped on tarmac after landing gear collapses on landing
- February 24, 2017

Video shown on Dutch news sites showed the right landing gear of the twin-prop airplane operated by Flybe collapsing as it touched down. Photographers Dennis Janssen was at the airport to shoot footage of planes landing during the adverse weather when he captured this incident by chance. (more...)
Norwegian Air opens low-priced battle on transatlantic flights
- February 24, 2017

Norwegian Airlines has received clearance from the FAA and London air authorities to introduce new budget routes that would make travel to Ireland and Scotland for U.S. Shannon Airport managing director Andrew Murphy said: "It reaffirms yet again Shannon Airport's status and contribution as the premier gateway between this side of the island and the USA". (more...)
Mnuchin Shares GOP's Optimistic Timeline For Tax Reform Mnuchin Shares GOP's Optimistic Timeline For Tax Reform
- February 24, 2017

His pledge to boost growth to 3% falls short of Mr Trump's pre-election promises to achieve growth rates of 4%. Mnuchin suggested that any reduction in taxes on the upper class would be offset by the elimination of tax deductions. Pres. Trump has proposed reducing the rate to 15%. Mnuchin would not commit to taking action against China, as Trump repeatedly has threatened to do. (more...)
Macy's Profit Drops 13% As Store Closures, Layoffs Take Their Toll
- February 23, 2017

Global X Management Co. Macy's's revenue was down 4.0% on a year-over-year basis. Analysts had expected $1.95 per share for the quarter, according to FactSet. Deutsche Bank AG raised shares of Macy's from a hold rating to a buy rating and increased their price target for the stock from $40.00 to $45.00 in a research note on Monday, October 31st. (more...)
Yahoo pays the price for massive data breaches in Verizon deal
- February 23, 2017

Yahoo is taking a $350-million hit on its previously announced $4.8-billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts. After the price-cut, Verizon Communications Inc. "The amended terms of the agreement provide a fair and favourable outcome for shareholders". We continue to be very excited to join forces with Verizon and AOL . (more...)