Business

Business Starbucks Disappoints Following Poor Sales of Holiday Drinks
Author: 0 Starbucks Disappoints Following Poor Sales of Holiday Drinks

Management also maintained that the company was not losing business to cannibalization or rising competition from other coffee sellers. The total number of café visitors remained the same. Although same-store sales came up short in all of Starbucks' regions, save for strong growth in China, investors have been focused on weak USA results.

Business Congressional probe finds opioids are being shipped from China through USPS
Author: 0 Congressional probe finds opioids are being shipped from China through USPS

According to a 104-page Senate Homeland Security Committee released Wednesday, nearly $800 million worth of fentanyl pills were illegally sold online to customers in the United States over the past two years by Chinese distributors. One of the people they tracked was a 49-year-old OH resident who sent about $2,500 over the course of a 10-month period. According to the report, China's enormous pharmaceutical industry also harbors thousands of illegal labs that produce counterfeit drugs and is ...

Business Goldman CEO Blankfein Has 'Really Liked' What Trump Has Done for Economy
Author: 0 Goldman CEO Blankfein Has 'Really Liked' What Trump Has Done for Economy

Some protestors also broke through a security cordon in Davos where protests are strictly forbidden in order to demonstrate against WEF and the USA president . He added that Trump has already said Britain will be at the "front of the line" in trade negotiations. "Because I can tell you, Israel does want to make peace and they're going to have to want to make peace too or we're not going to deal with them any longer".

Business Coverage and Reactions of the Euro Exchange Rate Complex — ECB Meeting
Author: 0 Coverage and Reactions of the Euro Exchange Rate Complex — ECB Meeting

But all of them stand slightly firmer from the end of 2017. Futures tracking the Dow, S&P and Nasdaq 100 are all now in the red, albeit marginally. This was partly on the back of the UK's latest labour figures, which saw employment rise to a new record high in November and wage growth tick higher than expected.

Business Fb Defends Two-Query Survey to Curb Pretend Information
Author: 0 Fb Defends Two-Query Survey to Curb Pretend Information

Explaining the thought processes behind the new measure Facebook CEO Mark Zuckerberg wrote last week: "The idea is that some news organizations are only trusted by their readers or watchers, and others are broadly trusted across society even by those who don't follow them directly".

Business Key Takeaways From Kimberly-Clark's Q4 Earnings
Author: 0 Key Takeaways From Kimberly-Clark's Q4 Earnings

A number of other large investors also recently modified their holdings of KMB . Heritage Trust Co raised its holdings in shares of Kimberly Clark by 11.2% in the 2nd quarter. Among 18 analysts covering Kimberly-Clark (NYSE:KMB), 2 have Buy rating, 5 Sell and 11 Hold. Kimberly Clark Corp (KMB) traded up $1.87 during trading hours on Wednesday, reaching $119.71.

Business Second US Safety Agency to Investigate Tesla 'Autopilot' Crash
Author: 0 Second US Safety Agency to Investigate Tesla 'Autopilot' Crash

The driver reports the vehicle was on Autopilot . It's likely they'll look into whether Autopilot was on and if it failed to spot the fire engine. In its September 2017 report on the fatal accident, the NTSB recommended that automakers incorporate safeguards that keep drivers' attention engaged and that limit the use of automated systems to the conditions for which they were designed.

Business Comcast Corporation Earnings: 15 Things to Know About the Q4 Results
Author: 0 Comcast Corporation Earnings: 15 Things to Know About the Q4 Results

State Of Wisconsin Investment Board owns 6.41 million shares. It has outperformed by 171.12% the S&P500. During its earnings call with investors today, Comcast's management disclosed that the company's Xfinity Mobile wireless service, an MVNO powered by Verizon's network, counted 380,000 customer lines at the end of 2017-a notable achievement considering Comcast just launched the service in May and rolled it out to its full cable footprint in August.

Business May, Trump Set to Meet at Davos Amid Strained Relations
Author: 0 May, Trump Set to Meet at Davos Amid Strained Relations

Trump will be meeting with Israeli Prime Minister Benjamin Netanyahu , Swiss President Alain Berset and Rwandan President Paul Kagame. Fink also warned about trade becoming a "violent" issue and that there's nothing particularly protectionist about the USA trying to renegotiate trade deals going back decades.

Business PSU Bank stocks in red, after disappointment over recap plans
Author: 0 PSU Bank stocks in red, after disappointment over recap plans

For instance, all loans above Rs 250 crore would be scrutinised by specialised monitoring agencies. Indeed, public-sector banks in India are in a bad way. From recapitalization bonds and budgetary allocations IDBI Bank, the lender with the highest stressed-loan ratio, will get the biggest chunk of 106.1 billion rupees.

Business France to shut all coal-fired power stations by 2021, Macron declares
Author: 0 France to shut all coal-fired power stations by 2021, Macron declares

He will visit Monday a Toyota plant in northern France before heading to the evening business event at the chateau of Versailles. "He has given France a pro-startup, pro-entrepreneur image overseas that we did not really have before", said Niel, who bankrolled a giant startup incubator on the banks of the Seine river in Paris that opened a month after Macron's election a year ago.

Business CBS reporter gave Sarah Sanders 'Jell-O'. . . watch her make shots
Author: 0 CBS reporter gave Sarah Sanders 'Jell-O'. . . watch her make shots

That group would then be eligible to pursue full citizenship over a period of 10 to 12 years, Trump told reporters during an impromptu discussion at the White House. The framework "takes into account all of the conversations we've had", Sanders said. Sen. Dick Durbin, an Illinois Democrat, also appeared to praise his remarks in tweeting, "The President is headed in the right direction here" with a link to a story on Trump's comments.

Business A weaker dollar is good for the US, Treasury Secretary Mnuchin says
Author: 0 A weaker dollar is good for the US, Treasury Secretary Mnuchin says

The losses have steepened of late: The Bloomberg dollar index is in the midst of a seven-week skid. Then-Treasury Secretary Robert Rubin began using that phrase when he became Bill Clinton's Treasury secretary in 1995 and it has since been repeated by every Treasury secretary — whether under Democratic or Republican administrations.

Business Starbucks Plans to Spend $250M on Employee Benefits Thanks to Tax Reform
Author: 0 Starbucks Plans to Spend $250M on Employee Benefits Thanks to Tax Reform

Starbucks announced today it will increase benefits for workers by expanding parental leave and giving employees new sick time benefits (one hour per 30 hours worked). It's also taking its paid-sick time benefit national, allowing workers to save up time off to use for themselves or family, Seattle-based Starbucks said on Wednesday.

Author: 0 Tech Stock inside Traders Spotlight: Blucora, Inc. (BCOR)

About 151,727 shares traded or 135.21% up from the average. Sandy Spring Bancorp, Inc. Illumina, Inc. (NASDAQ:ILMN) has risen 28.24% since January 24, 2017 and is uptrending. Qci Asset Inc New York has invested 0.02% in ConocoPhillips (NYSE:COP). (NASDAQ:SASR) for 10,444 shares. Whittier Trust Of Nevada Inc has 0.01% invested in WABCO Holdings Inc.

Business Chronicle: Alphabet launches cybersecurity venture
Author: 0 Chronicle: Alphabet launches cybersecurity venture

As in, "yeah, yeah, I know, Internet access is still a problem for billions of people, but existing technologies like cell towers and wifi are going to get us there eventually, right?'" he wrote . Stephen Gillett , who joined X from Google Ventures and was previously the COO of Symantec , will be the new company's CEO. We'll have our own contracts and data policies with our customers, while at the same time having the benefit of being able to consult the world-class experts in machine ...

Business Nightmare: Field of Dreams torn up by vandals
Author: 0 Nightmare: Field of Dreams torn up by vandals

The Field of Dreams Movie Site shared photos of the damage on their Facebook page. She called the act "upsetting", and field manager Al Steffen said the recent weather in Dyersville, Iowa made the situation worse. The majority of the damage occurred in center field and left field, he said. Who the hell would wanna destroy the actual " Field of Dreams? ". "It's disappointing that this would happen at this time", Steffen said.

Business Burger King makes pro-net neutrality video
Author: 0 Burger King makes pro-net neutrality video

It's only a couple minutes long, but that's more than enough time to get the point across. In the ad, we see actors posing as Burger King employees attempt to pull one over on customers ordering a Whopper. "Burger King's new video demonstrates how the American public is likely to be ripped off now that we've lost these rules", it said. The fast-food chain known for ads featuring a silent, lurking, crown-adorned mascot has decided it absolutely must to come to the defense of rules that ...

Business Qualcomm hit with €997m for 'significant' payments to Apple
Author: 0 Qualcomm hit with €997m for 'significant' payments to Apple

Specifically, Apple was offered "significant payments", which "were not just reductions in price", to exclusively use Qualcomm-made LTE baseband chipsets in iPhones and iPads. The EU said that Qualcomm cautioned Apple it will stop these payments if it sold another product with a competitor chip. The Commission said market dominance alone is not illegal, but industry leaders have "a special responsibility" to not use their dominant position to hold back competition.

Business Jerome 'Jay' Powell Confirmed by Senate to Head the Fed
Author: 0 Jerome 'Jay' Powell Confirmed by Senate to Head the Fed

Elizabeth Warren of MA have raised concerns about whether he would be too aggressive in dialing back post-financial crisis reforms. Broadly, the Fed tries to stimulate the economy, creating jobs and fighting unemployment, by lowering interest rates.

Business U.S. imposes more North Korea sanctions; urges China, Russia expulsions
Author: 0 U.S. imposes more North Korea sanctions; urges China, Russia expulsions

Most were based in Chinese cities on the border with North Korea , nearby Russian cities, where they helped arrange shipping of materials and goods to North Korea . Nine entities and 16 individuals were sanctioned over their ties to North Korea , according to the statement by the Treasury Department on Wednesday.

Business Amazon.com: : Amazon Go
Author: 0 Amazon.com: : Amazon Go

The first clue that there's something unusual about Amazon's store of the future hits you right at the front door. Inside is an 1,800-square foot mini-market packed with shelves of food that you can find in a lot of other convenience stores - soda, potato chips, ketchup.

Business Snapchat Redesign: How To Share A Story Outside Of The App
Author: 0 Snapchat Redesign: How To Share A Story Outside Of The App

Snapchat may provide the flawless medium for maintaining relationships with close friends, without the pressure to present oneself in extraordinary form, say scientists who delved into why people use the addictive social platform which allows short, quick posts.

Business Jakarta offices and homes evacuated as quake hits Java
Author: 0 Jakarta offices and homes evacuated as quake hits Java

The quake struck at 5:34pm (EST) around 80 kilometres off the coast of West Java, but there was no threat of tsunami. "I was sitting when the building suddenly started shaking", said Jakarta department store worker Suji, 35, who like many Indonesians goes by one name.

Business Avalanche in Japanese ski resort after volcano erupts, 1 killed
Author: 0 Avalanche in Japanese ski resort after volcano erupts, 1 killed

Six of those trapped were members of Japan's Ground Self Defence Force (SDF) engaged in winter training maneuver, Defence Minister Itsunori Onodera said. Town officials said everyone on the mountain had been accounted for. The series of volcanic eruptions around the world has left the volcanologists pondering over the recent seismic activities.