Business

Business FTC cracks down on tactics to void warranties after repairs
Author: 0 FTC cracks down on tactics to void warranties after repairs

The FTC hasn't named the firms but a company that has been criticized over the years for restrictions on third-party screen replacements is Apple. Hyundai USA now insists "the use of Hyundai Genuine Parts is required to keep your Hyundai manufacturer's warranties and any extended warranties intact", while Nintendo sees no problem voiding otherwise valid warranties if some of its gaming devices are "used with products not sold or licensed by Nintendo ".

Business Mick Mulvaney:
Author: 0 Mick Mulvaney: "I have not burnt the place down"

Since taking control of the bureau, Mulvaney has drawn Democrats' ire by dropping a lawsuit against a payday lender, stripping enforcement powers from a CFPB unit responsible for pursuing discrimination cases and proposing that the agency's powers be curtailed.

Business Fed minutes on future key policy rate trend
Author: 0 Fed minutes on future key policy rate trend

At that meeting, the Fed raised its target range for the federal funds rate to 1.5-1.75 per cent, the first rate hike of 2018, reports Xinhua . Despite the concern over trade policy, the discussions by the Fed's policy-setting Federal Open Market Committee said the economy was expected to grow at a solid pace.

Business Discounted Spotify And Hulu Bundle Costs $12.99 Per Month
Author: 0 Discounted Spotify And Hulu Bundle Costs $12.99 Per Month

That's after a three-month promo period for current Spotify subscribers in which Hulu is just a dollar per month extra. If you're already a Hulu Limited Commercials subscriber, you can still take advantage of this sweet bargain, as long as you don't have any "premium" add-ons like HBO or Showtime.

Business Uber users can now get bikes, rental cars and public transit tickets
Author: 0 Uber users can now get bikes, rental cars and public transit tickets

As it looks toward an initial public offering in 2019, it appears to have settled on a new strategy: killing the personal vehicle, and owning every part of the urban transportation ecosystem. Auto owners, you can share your vehicle through the app and get paid. Uber also announced Wednesday that it will launch a test in San Francisco this month of a short-term auto rental program.

Business Bank of America Corporation (NYSE:BAC)
Author: 0 Bank of America Corporation (NYSE:BAC)

The stock outperformed the S&P500 by 16.63%. 62,211,487 shares of the company's stock traded hands, compared to its average volume of 74,712,219. The institutional investor held 800,494 shares of the major banks company at the end of 2017Q4, valued at $23.63 million, down from 826,684 at the end of the previous reported quarter.

Business Get ready Russian Federation, the missiles will be coming to Syria, Trump warns
Author: 0 Get ready Russian Federation, the missiles will be coming to Syria, Trump warns

President Donald Trump's warning on Wednesday morning that United States missiles " will be coming " to Syria was notable not only for its military and geopolitical implications, but because he tipped off U.S. Trump's tweets also delivered a mixed message, not unusual for the mercurial president. NBC News reported Tuesday that Russian Federation has learned how to use Global Positioning System jammers to limit the capabilities of United States drones operating over ...

Business PM Modi bats for responsible energy pricing by oil producing countries
Author: 0 PM Modi bats for responsible energy pricing by oil producing countries

India will be the key driver of the global energy demand in the next two to five years. It is in the interest of producers that other economies keep growing steadily and rapidly, the PM pointed out. "Use this platform to build a global consensus on responsible pricing that will serve the mutual interest". In view of these changes, "India provides a ideal setting for discussing the future of the energy section", Modi said.

Business Netflix withdraws from Cannes Film Festival after being banned from competition
Author: 0 Netflix withdraws from Cannes Film Festival after being banned from competition

The S&P 500 gained 1.8 percent to close at 2,656.87, with energy leading nine of 11 sectors higher. In the meantime, the NFLX has a simple moving average of 40.19% that symbolizes bearish trends in the market. When it comes to Relative Strength Index (RSI), it is a matchless technical indicator that has been designed by a famous technical expert known as J.

Business Modi to Protest Parliament Disruption With April 12 Fast
Author: 0 Modi to Protest Parliament Disruption With April 12 Fast

Prime Minister Narendra Modi and BJP President Amit Shah will observe day long fast on Thursday, over disruptions during budget session of the Parliament . Parliamentary Affairs Minister Ananth Kumar recently said that the Congress' politics would affect them in elections. He has also asked people to join the fast to pressurise the AAP government to immediately release fund for decongestion of Shastri Park in his constituency that will rid the area of perennial traffic snarls.

Business Sensex gains over 100 points; Nifty above 10400-mark
Author: 0 Sensex gains over 100 points; Nifty above 10400-mark

It came after an increased selling of the greenback by exporters and banks. Stocks of HPCL, BPCL and International Olympic Committee were in the red, as higher crude oil prices led to increased concerns among investors. 816.40 per share, down by 0.48 per cent. In other Asian markets, Hong Kong's Hang Seng was up by 0.82 percent, Japan's Nikkei gained 1.08 percent. Chinese President Xi Jinping promised to lower import tariffs on products including cars, easing concerns over an ...

Business Advanced Micro Devices, Inc. (NASDAQ:AMD)
Author: 0 Advanced Micro Devices, Inc. (NASDAQ:AMD)

Vetr upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating and set a $13.47 price objective for the company in a research note on Thursday, January 25th. The company's Relative Strength Index which shows price strength now stands at 32.55. The ERP5 Rank is an investment tool that analysts use to discover undervalued companies.

Business Oz Management LP Holds Stake in Tesla INC (Put) (TSLA)
Author: 0 Oz Management LP Holds Stake in Tesla INC (Put) (TSLA)

Och increased its stake in Tesla Inc (Put) ( TSLA ) by 14924.11%. The stock underperformed the S&P 500 by 8.23%. The company has a current ratio of 0.86, a quick ratio of 0.56 and a debt-to-equity ratio of 1.80. 235.44 million shares or 0.35% more from 234.63 million shares in 2017Q3 were reported. It is positive, as 26 investors sold CMS Energy Corporation shares while 128 reduced holdings.

Business Commonwealth Games: Nigeria beat England to reach first final
Author: 0 Commonwealth Games: Nigeria beat England to reach first final

Singapore's Segun Toriola won the first set 10-12 against Sathiyan Gnanasekaran . However, veteran Madhurika Patkar allowed Singapore to get back into the contest as she was blanked 3-0 (13-11, 11-2, 11-6) by Yu Mengyu. Congratulating weightlifter Punam Yadav for winning gold, Modi said: "India congratulates Punam Yadav for winning the Gold Medal in the 69 Kg women's weightlifting event".

Business Sprint, T-Mobile Reportedly Revive Merger Talks
Author: 0 Sprint, T-Mobile Reportedly Revive Merger Talks

Japan's SoftBank Corp. owns nearly 85 percent of Sprint, while T-Mobile is controlled by Germany's Deutsche Telekom AG. Both The Wall Street Journal and Bloomberg are reporting today that T-Mobile and Sprint are once again holding informal talks about a potential merger between the two carriers.

Business Suresh Prabhu orders enquiry into IndiGo deboarding passenger at Lucknow
Author: 0 Suresh Prabhu orders enquiry into IndiGo deboarding passenger at Lucknow

IndiGo claimed that Rai was deplaned at Lucknow airport due to his unruly behaviour. The airline claimed that before cabin crew could address his concerns, he became aggressive and used threatening language. IndiGo was involved in a controversy in November past year after a video went viral of the airline's ground staff allegedly assaulting a passenger on the tarmac at the Indira Gandhi International airport.

Business Monsanto Jumps After Report That DOJ Will Allow Bayer Takeover
Author: 0 Monsanto Jumps After Report That DOJ Will Allow Bayer Takeover

Funds hold 317.44 million shares thus 1.24% less from 2017Q3's 321.42 million shares. Hence the difference between Predicted EPS and Actual EPS reported is $-0.09/share which shows an Earnings Surprise of -2.7 Percent. In a company earnings statement last week, Monsanto said it "continues to be confident in the companies' collective ability to secure the required approvals within the second calendar quarter of 2018 and in the time contemplated by the agreement".

Business Axis Bank chief Shikha Sharma wants new term cut to 7 months
Author: 0 Axis Bank chief Shikha Sharma wants new term cut to 7 months

Laden with infrastructure loans, the bank has struggled to contain NPAs. Axis Bank rallied 2.4 per cent at Rs 531 on Tuesday in intra-day deals, extending its Monday's 3.4 per cent gain on the Bombay Stock Exchange ( BSE ), after Shikha Sharma , the bank's managing director and chief executive officer (MD & CEO), chose to step down with effect from December 2018.

Business JFK no longer ranks among the world's busiest airports
Author: 0 JFK no longer ranks among the world's busiest airports

ACI report is prepared based on data from more than 1,200 airports worldwide. Surprisingly, Atlanta , which is within a two-hour flight of 80 percent of the USA population and a major port of entry for global travelers, held down the top spot despite seeing a 0.26 percent decrease in passenger traffic.

Business Chicago Cubs brace for cold, Pittsburgh Pirates in home opener
Author: 0 Chicago Cubs brace for cold, Pittsburgh Pirates in home opener

Chicago , IL, USA; A general shot of Wrigley Field in the snow prior to a game between the Chicago Cubs and the Pittsburgh Pirates . "Well, he's from SC", manager Joe Maddon said of Edwards. "Everything I'm hearing from him and the trainers is that he's doing. better, so I don't think we're far off", he said. Gates will open at 12:20 p.m.

Business Apple hails 100% renewable milestone for global facilities
Author: 0 Apple hails 100% renewable milestone for global facilities

With 15 more projects under construction, Apple is therefore on target to complete more than 1.4 GW of clean energy generation across 11 countries. This capacity will come from new solar and wind power projects. "After years of hard work we're proud to have reached this significant milestone", Tim Cook said in a release tied to the news.

Business Aluminum giant Rusal share price halved after USA sanctions
Author: 0 Aluminum giant Rusal share price halved after USA sanctions

The Kremlin on Monday slammed the latest round of sanctions. The fall represented a loss of more than 3.5 billion euros ($4.3 billion) for the company, which is headed by billionaire Oleg Deripaska , and which accounts for some seven percent of the world's aluminium production.

Business Trump hints at deal on trade with China as Xi readies response
Author: 0 Trump hints at deal on trade with China as Xi readies response

Jonas Short, head of Beijing office at Everbright Sun Hung Kai said the market reacted positively to Xi's speech because it saw it as an easing of trade tensions, but voiced caution about the likely extent of such reforms. "In this case, the USA and China are the top two economies of the world and also the largest two trading nations". "The tone was conciliatory but Washington is bargaining for action, not promises".

Business Vauxhall investment safeguards 1400 Luton jobs
Author: 0 Vauxhall investment safeguards 1400 Luton jobs

Right-hand-drive variants of the Peugeot Expert and Citroen Jumpy models will be built in Luton alongside future versions of the Vivaro, the company source told Reuters . Business Secretary Greg Clark said: "Today's decision is a vote of confidence in Vauxhall's high skilled workforce and the UK's world leading automotive sector".