Markets

by | January 08, 2019 | 02:40

A bankruptcy filing is not certain, the sources said . The California legislature is back in session from the holiday break, but Ford sees "no haste for action..." The federal judge is overseeing PG&E's probation involving the 2010 San Bruno, California, gas line explosion.

by | January 07, 2019 | 04:15

De Roma plays the lottery about every week and the winning Lotto Max numbers were randomly generated through a quick pick. De Roma purchased her winning ticket at the Gateway Newstand in Tsawwassen Mills. All lottery winners have 52 weeks from the draw date printed on their ticket to come forward to claim their prize. "I just want a nice house for my kids", she said.

by | January 07, 2019 | 03:30

The Dow finished up 3.3 percent, or almost 750 points, to end the week at 23,433.16, more than making up for the 2.8 percent slide on Thursday amid worries over slowing growth. That's enough to make Powell's colleague in Texas, Dallas Fed President Robert Kaplan, argue for putting rate increases on hold for the first couple of quarters of 2019.

by | January 07, 2019 | 01:55

Gov. Andrew Cuomo made the surprise announcement just weeks after convening a panel of top engineering experts to take another look at the L train tunnel beneath the East River to see if there was a way to fix flood damage from 2012's Superstorm Sandy without doing as much demolition and disrupting so many lives.

by | January 06, 2019 | 16:54

Qantas has been nominated the world's safest airline for 2019 by AirlineRatings.com, the world's only safety, and product rating website. Qantas has also been a leader in a variety of recent cockpit innovations such as automatic landings using the Global Navigation Satellite System as well as precision approaches around mountains in cloud.

by | January 06, 2019 | 16:12

CONCORD, NH [Press Release] - Attorney General Gordon J. MacDonald on Thursday announced that for-profit education company Career Education Corp. The attorneys general alleged that CEC pressured its employees to enroll students, made misleading statements and failed to disclose information to prospective students on total costs, transferability of credits, program offerings, and job placement rates.

by | January 06, 2019 | 16:42

The incident took place in the evening on December 31, after a "verbal argument about straws ", according to the St. Petersburg Police Department . "I guess it was the last straw for that guy", he joked. "He had been beaten and robbed". Police said Taylor and Yasmine James , an employee, got into "a verbal argument about straws".

by | January 06, 2019 | 16:25

The court of Japan has stated that Ghosn has submitted a request to the court for the disclosure of the reasons of his detention and that as of now no date has been set. Authorities are pursuing three separate lines of inquiry against the 64-year-old Franco-Lebanese-Brazilian executive, involving alleged financial wrongdoing during his tenure as Nissan chief.

by | January 06, 2019 | 16:39

A final reading of the IHS Markit U.S. Services Purchasing Managers' Index declined to a seasonally adjusted 54.4 in December from 54.7 in November. Anything above 50 signals expectations of growth, while anything below that level means economic contraction is expected.

by | January 06, 2019 | 12:57

Nationwide attributes to uncertain economic outlook as being a drag on home buyer sentiment. "That said, we continue to doubt that a sustained period of falling house prices is likely", Samuel Tombs at Pantheon Macroeconomics said as quoted by the Independent.

by | January 06, 2019 | 12:49

The self-styled "Tuna King" said "the quality of the tuna I bought is the best". "The tuna looks so tasty and very fresh, but I think I did too much", said Kiyoshi Kimura, who owns the Sushi Zanmai chain and hooked the monster catch with a 333 million yen offer at an annual auction in Tokyo .

by | January 06, 2019 | 13:23

But that's missing Apple's biggest problems, according to a new report from Nicolas Baratte and Cherry Ma, analysts at Hong Kong-based CLSA, who point directly to the iPhone's climbing average selling price (ASP) and increased competition from the likes of Huawei and others.

by | January 05, 2019 | 06:44

The cashier, who can be seen standing behind the counter, explained Taylor about the new law which says plastic straws cannot be supplied in the lobby. The video shooter's son, T.J. Biandudi, is proud of his mother's actions. Daniel Taylor spent New Year's Day in jail charged with simple battery and witnesses say it all started because of this.

by | January 05, 2019 | 07:42

At one point, the yen was up 4.4 per cent against the dollar, though market watchers said that was partly due to the triggering of automated orders that led to a " flash crash " during a holiday in Japan. -Mexico border triggered the shutdown affecting about a quarter of the federal government and 800,000 federal workers. The dollar was last 1.9 percent weaker against the yen at 106.85, having earlier fallen as low as 104.96, its lowest level since March 2018.

by | January 05, 2019 | 06:01

New York-based pharmaceutical giant Bristol-Myers Squibb on Thursday announced it would buy USA biotech firm Celgene in a $74 billion cash-and-stock deal, instantly creating a rival to the world's largest drug makers. Bristol-Myers said it expects to speed up a share repurchase program of up to about US$5 billion, subject to the closing of the transaction, market conditions and board approval.

by | January 05, 2019 | 06:35

Delta said its products were fairly priced in U.S. dollars and had remained generally unchanged since 2013, and the new prices for soft drinks announced yesterday show that a 300ml bottle will sell for 50c; a 330ml can (60c) while 500ml PET will be US$1.

by | January 05, 2019 | 05:23

Today, the city of Los Angeles filed a lawsuit against the makers of the hugely popular Weather Channel app for "covertly mining the private data of users and selling the information to third parties, including advertisers". Google insisted it didn't use location data harvested from cell towers though it said it discontinued the practice. The EU's General Data Protection Regulation (GDPR) has a lot to say about companies that take people's personal data for one objective but use it for ...

by | January 05, 2019 | 06:11

It's less than the original reported estimate, but still the largest personal data breaches in history , more than double the 147.7 million Americans' data stolen in Equifax's breach. Hotel megachain Marriott International has gone into further detail on the cyber-raid on its reservation database, including the number of payment cards and passport details siphoned off by hackers.

by | January 05, 2019 | 03:39

According to that report , most analysts had expected Apple to pull in $91.3 billion in revenue during the Holiday quarter - which is ~$7.3 billion more than Cook's updated estimates. "We knew this would create a hard compare for Q1'19", he writes . So what happened? Cook cites a number of factors, including the timing of the newest iPhone launches and supply constraints across some product categories.

by | January 05, 2019 | 04:13

According to the government'sshutdown plan, only 12.5 percent of IRS employees are authorized to work during the current "non-filing season". "It does throw a little bit of wrench into things", said Kyle Pomerleau, economist at the Tax Foundation.

by | January 05, 2019 | 03:21

Property assessment notices, which will be filling mailboxes around the province starting this week, are a good snapshot of another point in time, but definitely not reflective of Greater Victoria's current real estate market, according to experts.

by | January 05, 2019 | 01:49

Mr Schumer, the Senate minority leader, said the Democrats had asked Mr Trump to not "hold hundreds of thousands of Americans hostage" and to "open up the government" in order to continue discussions on the wall. She will preside over the most diverse U.S. House in history. The new U.S. Congress is like no other. Civil rights icon John Lewis said Ms Tlaib's comments were "inappropriate" and "distracting".

by | January 05, 2019 | 02:26

Brent for March settlement closed $1.04 higher at $55.95/bbl on the London-based ICE Futures Europe exchange and traded at a premium of $8.55 to March WTI. On the negative side, we worries about an economic slowdown and a volatile stock market. Traders pointed to signs that Saudi Arabia is beginning to make good on vows to cut output.

by | January 04, 2019 | 13:22

Passing by Ink Gun Clothing on Clinton Street in downtown Waukesha, it's hard to miss the sidewalk sign with "CBD" in large lettering. The popularity of CBD has skyrocketed in the last few years, making industry giants like Coca-Cola take notice and even consider joining the industry.

by | January 04, 2019 | 12:58

Consequently, this triggered a broader sell-off. Apple is one of the most powerful tech companies on the planet. " Lower than anticipated iPhone revenue, primarily in Greater China, accounts for all of our revenue shortfall", Cook said in his letter.

by | January 04, 2019 | 11:11

The notes will remain valid but are likely to be phased out gradually, added the report . The high-value currency was introduced in November 2016, when the government scrapped the old 500/1000 bank notes. In contrast, the printing and circulation of the new Rs 500 note has been stepped up. During the same period, the income tax department seized massive amounts of Rs 2,000 notes.

by | January 04, 2019 | 11:09

The two nations have been locked in a trade war for much of the past year, disrupting the flow of hundreds of billions of dollars worth of goods and stoking fears of a global economic slowdown. In December, China's major state-owned grain stockpiler said it had resumed buying U.S. soybeans, and Beijing announced it would suspend extra tariffs on US-made cars and auto parts starting January 1.

by | January 03, 2019 | 06:40

Activision Blizzard is having a year of ups and downs. Activision Blizzard has filed a report with the SEC on New Years Eve stating they want to fire their current Chief Financial Officer over incidents unrelated to the finances or corporate decisions.

by | January 03, 2019 | 06:06

Apple attributes disappointing sales to the slowdown of China's economy. The flagship product earns Apple about two-thirds of its revenue, and allows the company to generate more money from attached products like Apple Watches , AirPods , and services like Apple Music.

by | January 03, 2019 | 05:18

The year as a whole was marked by extreme volatility , as the Dow swung by 1,000 points in a single session five times in 2018. Some of the run in the drug stocks has come as investors traded out of more highly valued industries and into pharma.

by | January 03, 2019 | 03:59

Apple is cutting billions from its revenue estimates for the just-ended holiday season, citing sharply slower iPhone sales in China. Apple shares, which had been halted ahead of the announcement, skidded 7.7 percent in after-hours trade, dragging the company's market value below $700 billion.

by | January 03, 2019 | 03:21

At least six unrelated passengers reportedly fell ill aboard Frontier Airlines Flight 1397 from Cleveland to Tampa on New Year's Day, prompting concerns that airport water fountains may have been to blame. Passenger safety is Frontier's number one priority. This incident comes just about a month after a Frontier flight bound for Tampa had an issue with part of its engine coming loose.

by | January 03, 2019 | 03:44

Asia's biggest worldwide carrier Cathay Pacific has confirmed it will honour business-class tickets it mistakenly sold at economy prices earlier this week. At least 11 people bought 18 of the discounted tickets, but legislation in both Hong Kong and the USA allowed airlines to cancel bookings if error is proven, the SCMP reported.

by | January 03, 2019 | 03:20

Figures released annually by the Department for Transport (DfT), compiled by Labour , showed overcrowding on the 10 busiest services had increased by an average of 4.04% year on year between 2011 and 2016. The Labour leader said the hike in ticket costs "drives people away from public transport " in the long-term. We need to be encouraging people onto trains not putting obstacles in the way.

by | January 03, 2019 | 02:16

In the fourth quarter, Tesla delivered 63,150 Model 3s, 13,500 Model S sedans and 14,050 Model X SUVs. The 63,150 Model 3s handed over to customers in the fourth quarter trailed the roughly 63,700 average analyst projection. It's unclear how long these discounts will last, though, so now might be a good time to snag one of Tesla's cars if you've been holding off. Tesla also claimed to have boosted their production levels in the fourth quarter significantly, from 80,142 in the third quarter ...