Business

Business US Dollar Bounces as Trump Goes Back on Treasury Secretary Mnuchin's Comments
Author: 0 US Dollar Bounces as Trump Goes Back on Treasury Secretary Mnuchin's Comments

The dollar fell Friday, as investors continued to sell the battered US currency. The Australian dollar fell sharply back to 80.11 US cents after US President Donald Trump's latest comments at the World Economic Forum in Davos . But it could also erode the US's purchasing power. The dollar steadied after that remark and comments by Trump, who said that "ultimately, I want to see a strong dollar ".

Business Cryptojackers use YouTube ads to mine digital currencies
Author: 0 Cryptojackers use YouTube ads to mine digital currencies

Google have said that their advertising service is closely monitored for any malware used by those trying to mine digital currencies. As Ars Technica first reported on Friday, users on social media started complaining earlier this week that YouTube ads were triggering their anti-virus software.

Business Japan to sanction Coincheck after cryptocurrency heist
Author: 0 Japan to sanction Coincheck after cryptocurrency heist

Japan's financial regulator said on Monday (Jan 29) it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole US$530m worth of digital money from its exchange in one of the biggest cyber heists on record.

Business Schumer: Deal reached to reopen government
Author: 0 Schumer: Deal reached to reopen government

Democrats had filibustered a short-term spending bill in the Senate during negotiations with the White House and Republicans over CHIP and immigration. McConnell and Schumer met off the Senate floor in the early evening, as many in quiet Capitol offices flipped their television screens to playoff football games.

Business Delta Air Lines, Inc. (DAL), Civeo Corporation (CVEO)
Author: 0 Delta Air Lines, Inc. (DAL), Civeo Corporation (CVEO)

The company has a total of 716 Million shares outstanding. It has underperformed by 16.70% the S&P500. Meiji Yasuda Asset Management Company Ltd increased its stake in Cummins Inc (CMI) by 45.8% based on its latest 2017Q3 regulatory filing with the SEC.

Business Budget session of Parliament begins today
Author: 0 Budget session of Parliament begins today

Ahead of the Budget session of Parliament beginning on Monday, representatives of the Government and the opposition met in Parliament House on Sunday to discuss the issues and proposed legislations which would come up. Parliamentary Affairs Minister Kumar termed the all-party meeting "fruitful". The centre has said it would talk to various parties to bring about consensus on the issue.

Business IKEA's Founder Has Died At 91
Author: 0 IKEA's Founder Has Died At 91

Kamprad started Ikea in 1943 when he was just 17, but his big break came in 1956, when the company pioneered flat-pack furniture. But it is hard to separate what belongs to him, what belongs to his children and what is held in a family foundation in one of Europe's most infamous tax havens, Liechtenstein .

Business Elon Musk Is Selling Flamethrowers … And They're Awesome
Author: 0 Elon Musk Is Selling Flamethrowers … And They're Awesome

Soon after selling the required number of hats, Musk tweeted "Hats sold out, flamethrowers soon!" on the eve of Christmas. He also promises he is not creating a zombie apocalypse to drive up demand for the weapon. "... I want to be clear that a flamethrower is a super awful idea". They even sell a Boring Company fire extinguisher, an invaluable tool for any sucker who plays with a flamethrower without knowing how to use it.

Business Woman falls overboard from Carnival cruise in Gulf of Mexico
Author: 0 Woman falls overboard from Carnival cruise in Gulf of Mexico

The company says rescue efforts for the missing woman have been underway. "I just want to believe that they're going to find something, I just want to be able to put her to rest", Winfrey said. The woman plunged off the Triumph two days after another woman died onboard the Carnival Elation that was en route to the Bahamas. I want her to come home.

Business Steve Wynn resigns as RNC finance chair after reports of sexual harassment
Author: 0 Steve Wynn resigns as RNC finance chair after reports of sexual harassment

Wynn , who as CEO of Wynn Resorts has always been a major player in the Las Vegas casino business, served as vice chair of Trump's inaugural committee and has been the finance chair of the RNC since January 2017. The Democratic National Committee (DNC), which had taken in more than $290,000 from Weinstein, according to the FEC, released a statement on the afternoon of October 6 that said it would donate $30,000 of his contributions to women's advocacy groups.

Business Social media campaign launched to stop 'Tide Pod Challenge'
Author: 0 Social media campaign launched to stop 'Tide Pod Challenge'

The Standard-Examiner reported Wednesday that some poisoning cases are linked to the "Tide Pod Challenge" social media trend where people post videos of themselves biting down on laundry detergent pods. "I think it's pretty insane". They like to stretch the limit as much as they can. This increase comes on the heels of massive efforts from Proctor & Gamble, the producer of Tide Pods, to slow the roll of this frightful trend.

Business Budweiser Releases Emotional Super Bowl Ad
Author: 0 Budweiser Releases Emotional Super Bowl Ad

This year marks the 30th anniversary of Budweiser's emergency water program, which has shipped more than 79 million cans of clean water to areas hard-hit by natural disasters, according to the Budweiser website . The commercial shows Kevin Fahrenkrog , general manager of the Cartersville, Georgia, brewery, waking up to receive a phone call at 3:42 a.m. Anheuser-Busch's famed horses are taking the bench this year and, in their stead, the brewing company is promoting its 30-year-old ...

Business Session Recap: Viewing Unusual Volume for Starbucks Corporation (NASDAQ:SBUX)
Author: 0 Session Recap: Viewing Unusual Volume for Starbucks Corporation (NASDAQ:SBUX)

Foundry Partners Llc who had been investing in Cross Country Health for a number of months, seems to be bullish on the $519.49M market cap company . The stock increased 0.59% or $0.1 during the last trading session, reaching $17.14. Jefferies maintained it with "Buy" rating and $65.0 target in Tuesday, October 3 report. As per Thursday, November 16, the company rating was maintained by SunTrust.

Business GE posts $10 billion loss By
Author: 0 GE posts $10 billion loss By

Hl Financial Serv Llc reported 3.23M shares or 1.51% of all its holdings. Its down 0.19, from 1.49 in 2017Q2. A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GE. General Electric accounts for about 2.4% of United Asset Strategies Inc.'s investment portfolio, making the stock its 13th biggest holding. Portland General Electric Company (POR) stock price is moving 0.50% to 42.52.POR exchanged 873795 shares in Tuesday session and ...

Business USA trade court rules against Boeing in dispute with Canada
Author: 0 USA trade court rules against Boeing in dispute with Canada

It has launched contentious talks to renegotiate the 24-year-old North American Free Trade Agreement with Canada and Mexico - a pact that President Donald Trump has called a job-killing disaster. travelling public. "The C-Series is the most innovative and efficient new aircraft in a generation", it said. It added: "With this matter behind us, we are moving full speed ahead with finalising our partnership with Airbus".

Business Stocks within Assessment: Southwest Airlines Co. (LUV), Macy's, Inc
Author: 0 Stocks within Assessment: Southwest Airlines Co. (LUV), Macy's, Inc

A 16 analysts rate it as either a buy or a strong buy, while 0 believe that investors should either steer clear of (NYSE: LUV ) or, if they already own its stock, sell it. It has a 17.86 P/E ratio. This segment also provides IoT services that support devices used in fleet management and telematics, energy, agricultural technology, and smart community markets; and wireless devices, such as smartphones and basic phones, tablets, and other Internet access devices.

Business Airline's profit falls 10.9% in Q4
Author: 0 Airline's profit falls 10.9% in Q4

American Airlines Group has a 52 week low of $39.21 and a 52 week high of $59.08. (NYSEMKT:PARR) has risen 13.72% since January 26, 2017 and is uptrending. The airline reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.92 by $0.03. Dubuque Financial Bank Company reported 100 shares.

Business Steve Wynn Accused of Sexual Misconduct By Former Employees
Author: 0 Steve Wynn Accused of Sexual Misconduct By Former Employees

Wynn Resorts stock has tumbled due to the allegations, falling 9 percent today. The Democratic national committee condemned the RNC Friday for remaining "silent" in the wake of the Wynn revelations, while also pointing out the group had backed Alabama Senate candidate Roy Moore amid allegations he molested underage girls and Donald Trump despite the sexual misconduct accusations against him.

Business Hackers steal $400 million from cryptocurrency exchange
Author: 0 Hackers steal $400 million from cryptocurrency exchange

The NEM team was reported to have said that it will not pursue a hard fork in order to restore the stolen funds, but that it is planning on "tagging" the affected tokens, presumably in a bid to make them harder for the thief or thieves to unload.

Business The Shape Of Water Has Been Accused Of Plagiarism Again
Author: 0 The Shape Of Water Has Been Accused Of Plagiarism Again

Let Me Hear You Whisper , a play that was made into a TV special nearly 50 years ago, is about a female janitor in a research lab who forms a special bond with a captive dolphin. Other similarities that have been pointed out are that both main characters work in military-style labs, both can communicate with their respective sea creatures, and both hatch a rescue plan to return the creature to the sea.

Business Dow Earnings Off The Roof; Rises Over 100 Points (INDEXDJX:.DJI)
Author: 0 Dow Earnings Off The Roof; Rises Over 100 Points (INDEXDJX:.DJI)

There was some movement in the Nasdaq composite as well, which rose by 0.7 percent. "The dollar move has attracted a lot of attention for the right reasons; it's a pretty important driver right now for other assets", said Peter Cecchini, managing director and chief market strategist at Cantor Fitzgerald in NY.

Business What Is Robinhood? Coinbase Rival App Adds Bitcoin, Ethereum Trading
Author: 0 What Is Robinhood? Coinbase Rival App Adds Bitcoin, Ethereum Trading

The feature will first be available for users in California, Massachusetts, Missouri, Montana, and New Hampshire when Robinhood starts its gradual rollout. Additional funds will go through the slower automated clearing house (ACH) system. There are always costs inherent with doing financial transactions so Robinhood is "planning to operate this business on a break-even basis and [they] don't plan to profit from it for the foreseeable future".

Business 41 killed in South Korean hospital blaze
Author: 0 41 killed in South Korean hospital blaze

At least 15 people were killed in a blaze at a hospital in South Korea on January 26, authorities said, with 11 more critically injured. A firefighter walks out of a burnt hospital in Miryang, South Korea, on Fri., Jan. He ordered his officials to provide necessary medical supports to those rescued to ensure there are no additional casualties. In December, 29 people were killed in a blaze at an eight-storey fitness centre in Jecheon City, a lot of them women trapped in a sauna by toxic ...

Business December new residential home sales drop 9.3%
Author: 0 December new residential home sales drop 9.3%

Ratiu said the housing market isn't entirely healthy, however. Pointing to underlying strength in the housing market, new home sales surged 14.1 percent from a year ago. Separately, the real estate brokerage Redfin home prices were up 6.8 percent year-over-year in December, with the median sale price at $287,000 across the markets Redfin serves.

Business Oil prices fall on stronger U.S. dollar
Author: 0 Oil prices fall on stronger U.S. dollar

The price of a barrel of North America's crude oil benchmark topped $65 United States for the first time since 2014 on Wednesday, pushed up by new data showing crude inventories have now declined for 10 weeks in a row. The meeting ended with signing an agreement to reduce oil production by a total of 558,000 barrels per day starting from January 2017. Analysts said that rising oil prices would likely start to have an inflationary effect.

Business California Gov. Jerry Brown gives his last State of the State address
Author: 0 California Gov. Jerry Brown gives his last State of the State address

Like any great project, Brown said, there are obstacles. "The spirit of democracy never dies". The greenhouse gas-fighting legislation gained the support of eight Republicans ― an achievement former California Gov. Brown also touched on the state's devastating fire season last fall, which destroyed thousands of homes up and down the state. In doing so, he announced that he's convening a task force of scientists and forest practitioners to review how the state's forests are managed, how to ...

Business CNN Shutting Down Digital Video Acquisition
Author: 0 CNN Shutting Down Digital Video Acquisition

But now Beme , which CNN had hoped to fashion into an independently operated daily online news program, is effectively shutting down. The YouTube star Casey Neistat is leaving CNN a little over a year after the company bought his app, Beme , for about $25 million.