Business

Business Facebook changes News Feed, investors click on 'sad'
Author: 0 Facebook changes News Feed, investors click on 'sad'

The goal of the product teams will be to help Facebook's users find content that will lead to more meaningful social interactions, he said. Zuckerberg wrote on a post on Thursday that the company has received feedback that public content from businesses, brands, and media have crowded people's social media feed and have left little space for personal posts where people usually interact with others.

Business Winning: Trump to open huge swaths of coastline for oil drilling
Author: 0 Winning: Trump to open huge swaths of coastline for oil drilling

California 2nd District Rep. Jared Huffman said in a Thursday statement that Zinke's announcement "confirms that the Trump administration is hell-bent on trampling the public interest and further lining the pockets of Big Oil at the expense of clean air, clean water, and the health of the American people".

Business Sensex ends at new high of 34592; Nifty at record 10681
Author: 0 Sensex ends at new high of 34592; Nifty at record 10681

The broader Nifty also strading up by 22.45 points, or 0.21 percent at 10,673.65. Barring IT, all other BSE sectoral indices were trading in the green. Separately, TCS today, 12 January 2018, announced that it has entered into an agreement with Transamerica, a leading provider of life insurance, retirement and investment solutions, to enable the transformation of administration of its U.S.

Business In the Swiss Alps have stranded thousands of tourists
Author: 0 In the Swiss Alps have stranded thousands of tourists

Thousands of tourists have been left stranded in the Alps after heavy snowfall. The stranded tourists will not be able to ski for the time being, due to the high risk of avalanches. He said the helicopter journey costs "around 200 Swiss francs ($204, 170 euros) per person" and stressed that the flights should not be described as an evacuation.

Business Euro jumps after ECB minutes; stocks gain with energy
Author: 0 Euro jumps after ECB minutes; stocks gain with energy

In the meantime, the Platinum Group Metals continued to move in opposite directions. The current exchange rate (at time of writing) is slightly higher at €1.12372 to the pound. Asian markets were mixed with the Nikkei underperforming as the Yen weakened against the dollar and closing with a loss of -0.24%. The USD did manage to hold steady against most of its other major peer currencies.

Business Key update on Kenya Airways daily flights to NY
Author: 0 Key update on Kenya Airways daily flights to NY

Najib Balala, Kenya's secretary of tourism, said the flight will position Kenya as the gateway to Sub-Saharan Africa for leisure and business travel. On Thursday, the national carrier began selling tickets for the inaugural flight, which is scheduled for October 28.

Business Delta is rallying after reporting solid earnings
Author: 0 Delta is rallying after reporting solid earnings

Therefore 45% are positive. Stifel Nicolaus maintained the stock with "Buy" rating in Wednesday, July 5 report. The 52-Week High range of the stock is $59.76, while the 52-week low range is $36.21. 159,240 Delta Air Lines, Inc . Ghost Tree Capital Llc increased Entellus Med Inc stake by 186,510 shares to 561,510 valued at $10.37 million in 2017Q3.

Business (JPM) is Diamond Hill Capital Management Inc.'s 7th Largest Position
Author: 0 (JPM) is Diamond Hill Capital Management Inc.'s 7th Largest Position

During the same period in the previous year, the firm earned $1.58 earnings per share. JPMorgan Chase & Co. makes up about 0.9% of 1ST Source Bank's investment portfolio, making the stock its 14th largest position. (NYSE: JPM ) has "Hold" rating given on Thursday, June 1 by BMO Capital Markets. Washington Cap has invested 3.79% of its portfolio in JPMorgan Chase & Co.

Business CES 2018: Intel CEO Vows To Fix Meltdown And Spectre Issues
Author: 0 CES 2018: Intel CEO Vows To Fix Meltdown And Spectre Issues

Two U.S. lawmakers are asking federal regulators to open an investigation into stock sales that reaped a $25 million profit for Intel's CEO several weeks before the company disclosed a serious security flaw threatening millions of computers, phones and other devices.

Business Most Active Volume Stock: Domino's Pizza, Inc. (DPZ)
Author: 0 Most Active Volume Stock: Domino's Pizza, Inc. (DPZ)

It has outperformed by 145.03% the S&P500. Shares of Domino's Pizza (NYSE: DPZ ) traded down $6.62 during trading hours on Thursday, hitting $200.09. Oppenheimer's price target would indicate a potential upside of 9.95% from the stock's current price. DAN's profit will be $78.23 million for 15.39 P/E if the $0.54 EPS becomes a reality.

Business White House says judge's blocking end of DACA
Author: 0 White House says judge's blocking end of DACA "outrageous"

That's what we're working on but we've pretty much got a bill". House Speaker Paul Ryan called Trump's comments "very unfortunate" and "unhelpful" Friday. I want to stop the massive inflow of drugs. A bipartisan working group of senators has reached an agreement on parameters for an overhaul of the nations' immigration laws.

Business Sam's Club open in Winterville, but dozens of others closed
Author: 0 Sam's Club open in Winterville, but dozens of others closed

The companies say the bonuses they've announced are a way to share some of their bounty with their workers, though in some cases it's a very small percentage of their gains, and are less valuable to employees than permanent pay raises. "What's impossible to sort out is how much of this is because of savings from the tax cuts, and how much is because of pressure they're receiving from employees and labor groups".

Business Power restored at Consumer Electronics Show
Author: 0 Power restored at Consumer Electronics Show

Sudden record-breaking downpours on Day One of CES was the first rain for Las Vegas in 116 days, the Las Vegas Review-Journal reported . The robots served a racy but utilitarian function by drawing gawkers to the club, much the way provocatively clad " booth babes" lure CES visitors to wares on the convention floor.

Business CPI inflation jumps to 17-month high of 5.2% in December 2017
Author: 0 CPI inflation jumps to 17-month high of 5.2% in December 2017

India's retail inflation on Friday grew at 5.21 per cent in December on rise in prices of food items, egg and vegetables, dashing hopes of interest rate cut in the near future. For the full year, CPI rose 2.1%, the same as 2016, while core CPI slowed, posting a 1.8% increase after the 2.2% gain in the previous year. Food prices rose 0.2% after being unchanged for two straight months.

Business China rebukes Zara, Delta for calling Taiwan 'country'
Author: 0 China rebukes Zara, Delta for calling Taiwan 'country'

Chinese regulators rebuked fashion brand Zara, Delta Air Lines and medical device maker Medtronic on Friday for calling Taiwan a country on their websites in a fresh show of Beijing's acute sensitivity about the self-ruled island. Hong Kong and Macau became British and Portuguese territories, respectively, in the age of European colonialism but are now "special administrative regions" under China.

Business Infosys December quarter net profit jumps 38% to Rs 5129 crore
Author: 0 Infosys December quarter net profit jumps 38% to Rs 5129 crore

Sequentially too, revenue growth was flat (1 per cent) from Rs 17,657 crore quarter ago. EBIT margin sqw a marginal improvement and went up 0.1 per cent to 24.3 per cent during the quarter compared with 24.1 per cent. Infosys' contant currency revenue growth came in at 5.6% as on December 2017. The churn saw Infosys bring back former CEO Nandan Nilekani as the new chairman.

Author: 0 Fiat Chrysler Plans to Invest More Than $1B in Michigan Plant

Some of that money was earmarked for Warren, where FCA said it plans to start making the Jeep Wagoneer and Grand Wagoneer by 2020. Other companies, including AT&T, Comcast and Bank of America have announced $1000 bonuses because of the tax cut, according to a list compiled by USA Today .

Business Mazda plant caps Alabama auto sector's successful year
Author: 0 Mazda plant caps Alabama auto sector's successful year

Toyota will use the plant to build its best-selling compact auto, the Corolla, while Mazda will use it to build a new crossover vehicle. But the Louisiana Economic Development Secretary Don Pierson says that estimate didn't include the value of local property tax breaks or donated land in Alabama for the site.

Business NHS crisis in Cumbria: Wards full, beds blocked and ambulance handovers delayed
Author: 0 NHS crisis in Cumbria: Wards full, beds blocked and ambulance handovers delayed

Oxford University Hospitals NHS Foundation Trust is now at operational pressures escalation level three after going to level four on Tuesday , known as "black alert". This represents a 42 per cent rise on the 11,900 which endured half hour handover waits the week previously. Finance Secretary Derek Mackay said he had been told by experts that attempting to raise more would backfire because wealthy people would rearrange their affairs to pay less.

Business Cross-strait trade picked up in 2017: Chinese customs
Author: 0 Cross-strait trade picked up in 2017: Chinese customs

China's imports from North Korea plunged in December to their lowest level in dollar terms since at least the start of 2014, with trade curbed by United Nations sanctions aimed at persuading North Korea to abandon its ballistic missile and nuclear weapons programmes.

Business Uber's tool Ripley let it remotely disable staff laptops
Author: 0 Uber's tool Ripley let it remotely disable staff laptops

The company allegedly used the system at least 24 times from spring 2015 until late 2016, but the report does not claim that Uber used the system for any USA offices. The three people with knowledge of the tool believe it was justified, however, since they claim authorities outside the U.S. didn't always come with warrants and often relied on rather broad orders.

Business MoneyGram to pilot Ripple (XRP) in payments
Author: 0 MoneyGram to pilot Ripple (XRP) in payments

The companies announced Thursday that MoneyGram will test XRP in payment flows through xRapid , Ripple's on-demand liquidity service. The company says XRP remains the most efficient digital asset for payments with transaction fees at just fractions of a penny, compared to Bitcoin fees of about $30 per transaction.

Business Giant ice cream products were recalled
Author: 0 Giant ice cream products were recalled

The bars were also sold at Aldi under the Sundae Shoppe name, at Dollar Tree under the Party Treat name, and at Acme under the Lucerne name. People may suffer only short-term symptoms, like high fever, severe headache, stiffness, nausea, abdominal pain and diarrhea, but Listeria can also cause miscarriages and stillbirths among pregnant women.

Business Dropbox Files For IPO
Author: 0 Dropbox Files For IPO

The file-sharing company Dropbox has confidentially filed for an initial public offering, according to Bloomberg . These investors are set for big pay-out should the public flotation of Dropbox go through. Dropbox claims 500 million people are on its software service that allows consumer and enterprise users to store and share files with one another. According to CEO Dennis Woodside, the company has spent hundreds of millions of dollars to build data centres, allowing it to cut costs ...

Business M&S clothing and food sales better than expected in Christmas quarter
Author: 0 M&S clothing and food sales better than expected in Christmas quarter

This included a 3.7% rise in LFL sales of fresh food. Christmas trading was hampered by the continued squeeze on personal finances as five-year highs in inflation eroded spending power. Its food sales also disappointed, down 0.4%, as it admitted the division was suffering "ongoing under-performance". Tesco , the UK's biggest supermarket chain, reported like-for-like growth of 1.9% for its United Kingdom stores, a performance it said as thanks to the strength of its food business which saw ...

Business Walmart is closing 63 Sam's Club locations
Author: 0 Walmart is closing 63 Sam's Club locations

The changes will kick in February and are expected to impact 1 million US employees. Walmart also closed a Neighborhood Market store on the city's North East side last month. Walmart says it will convert some of the Sam's Clubs into e-Commerce centers that will hopefully speed up online orders. "We built a brand new handsome store in Menomonee Falls, which is close to West Allis and many customers started going there", he said.

Business Ford Urges 2900 Pickup Owners To Stop Driving After New Takata Death
Author: 0 Ford Urges 2900 Pickup Owners To Stop Driving After New Takata Death

Ford is urging owners of about 2,900 Ranger small pickups to stop driving the vehicles until getting a defective Takata airbag replaced. Most of the vehicles were sold in the United States, with 190 others sold in Canada. "It is extremely important that all high-risk air bags are tracked down and replaced immediately". NHTSA must do more , he said, to make the recall a priority.

Business PSLV heads towards orbit, launch said to be
Author: 0 PSLV heads towards orbit, launch said to be "successful"

The Indian Space Research Organisation ( ISRO ) launched its 100th satellite at 9.29 am on Friday from the Satish Dhawan Space Centre in Sriharikota , Andhra Pradesh. India, too, is sending one micro and nano satellite. The doomed August 31 mission placed India's IRNSS 1H navigation satellite into orbit, but the PSLV's payload fairing - the shroud created to protect the spacecraft during the first few minutes of flight - failed to jettison soon after liftoff.

Business Circuit City plans comeback online
Author: 0 Circuit City plans comeback online

Shmoel told his audience at CES that Circuit City's revamped website will include virtual vignettes, search by photo, augmented reality and real-time tech support via video chat, among other experiential features, Twice said. The company has also enlisted IBM Watson as a personal shopping assistant on the website, according to a news release . "The IBM web commerce platform will allow Circuit City to expand offerings for a personalized shopping experience and enhance the product ...