Economy

Economy South West trains 'strongly advise' commuters not to use services tomorrow
Author: 0 South West trains 'strongly advise' commuters not to use services tomorrow

Passengers using one of the busiest rail networks were told not to use services on Wednesday, after problems caused by a points failure and a train derailment on Tuesday. The barrier train was there to separate the ongoing engineering works at London Waterloo from normal train services. A SWT spokesman stated: "Trains are now unable to use platforms 1 to 13 at London Waterloo".

Economy US markets close weak amid US-North Korea tensions
Author: 0 US markets close weak amid US-North Korea tensions

On Thursday, the CBOE Volatility Index, a barometer of expected near-term stock market volatility, closed at its highest since the USA presidential election. The Standard & Poor's 500 index fell 7 points, or 0.3 percent, to 2,467. The benchmark is on track for a 2.3 percent decline this week. J.C. Penney slumped as much as 18.25 percent to a record low after the retailer reported a bigger-than-expected quarterly loss.

Economy Dollar hits eight-week low vs yen, North Korea tensions spook investors
Author: 0 Dollar hits eight-week low vs yen, North Korea tensions spook investors

The 10-year German bund yield traded at 0.43 percent while the 10-year US yield declined to 2.243 percent. The euro slid 0.6 percent to 128.92 yen, and fell 0.1 percent against the dollar to $1.1735. Silver gained 1 cent to $17.07 an ounce. The Hang Seng index ended down 1.1% at 27444.00 points. The Nasdaq added 39.68 points, or 0.6 percent, to 6,256.56.

Economy Top earnings, North Korea concerns set the stage on Wall Street
Author: 0 Top earnings, North Korea concerns set the stage on Wall Street

The rise in geopolitical tensions this week, which heightened after U.S. President Donald Trump on Tuesday warned North Korea that it would face " fire and fury " if it threatened the United States , has drawn investor attention away from second-quarter corporate earnings season, which is winding down.

Economy Tesla's upcoming electric semi truck will be able to drive itself
Author: 0 Tesla's upcoming electric semi truck will be able to drive itself

Industry rumours say that Tesla is already in talks with authorities of the American states of California and Nevada to permit the trials of its new truck on public roads. Self-driving trucks haven't been tested on Nevada roads yet. Peloton considers platooning as an important precursor to autonomy when it comes to long-haul driverless trucks, in order to increase safety and efficiency.

Economy Google CEO hosts 'town hall' after controversial gender memo
Author: 0 Google CEO hosts 'town hall' after controversial gender memo

The town hall comes amid a report from The Guardian that as many as 60 women are considering filing a class action lawsuit against Google , alleging sexism and wage disparity. The note spoke on the notion that women are less interested in high-stress jobs because they are more anxious and even looked to rationalize the gender gap in the tech industry.

Economy Fear of North Korea attack sends Wall Street spiraling
Author: 0 Fear of North Korea attack sends Wall Street spiraling

President Donald Trump promised " fire and fury and frankly power, the likes of which this world has never seen before " on Tuesday evening in response to recent threats from North Korea and its leader Kim Jong Un. Energy stocks fell along with crude prices as investors kept an eye on the latest company earnings and geopolitical news. Pyongyang has made no secret of its plans to develop a nuclear-tipped missile able to strike the United States, which it says are a legitimate means of ...

Economy Goldman Sachs on the Bank of England & Haldanes
Author: 0 Goldman Sachs on the Bank of England & Haldanes "dovish tilt"

While growth is running a bit cooler than expected, inflation is a bit hotter in the near term and safely above the Bank's 2% target. She said: "Uncertainties around the Brexit transition and future UK/EU trading relationships make future interest rates movements less easy to anticipate at present, but this should not discourage businesses and households from preparing for a future with higher rates".

Economy ADP seeks to fend off Ackman's Pershing Square
Author: 0 ADP seeks to fend off Ackman's Pershing Square

We also discussed the need for transformational change at the company and expressed a willingness to work with existing management or, alternatively, an external CEO candidate, to effectuate that change. Rodriguez and the board and took a swipe at Mr. Ackman's own investing performance, which has lagged. New York-based Pershing Square typically buys large stakes in a handful of big companies and agitates executives and directors to make changes to boost shareholder returns.

Economy Teva Pharmaceutical Industries Ltd (TEVA) Lowered to
Author: 0 Teva Pharmaceutical Industries Ltd (TEVA) Lowered to "Hold" at BidaskClub

Market Capitalization if basically the market value of the company's shares outstanding. Cribstone Capital Management LLC raised its stake in Teva Pharmaceutical Industries Limited by 3.3% in the first quarter. Analysts expect next quarter's EPS will be $1.25 with next year's EPS anticipated to be $4.70. The business's quarterly revenue was up 12.9% on a year-over-year basis.

Economy Families with young kids dropping while young adults opt to return home
Author: 0 Families with young kids dropping while young adults opt to return home

The number of couples without children increased faster between 2011 and 2016 than those with children - a function of an aging population with parents becoming empty nesters. Only 22 per cent have tied the knot in Quebec since same-sex marriage was legalized across Canada in 2005, versus a third in the rest of the country.

Economy Teen jumps from plane onto SFO tarmac
Author: 0 Teen jumps from plane onto SFO tarmac

Someone jumped off, '" he says. Airport spokesman Doug jaeckel said that the builders who were working near detained the teenager until the police arrived. He was already on the ground and running by the time passengers realized the door had been opened. Other passengers said the teenager appeared to be anxious, and before anyone could stop him, he bolted toward the door and jumped out.

Economy Manufacturing sector continued output and new orders downtrend in July : Nikkei Index
Author: 0 Manufacturing sector continued output and new orders downtrend in July : Nikkei Index

On the whole, while China's manufacturing sector has remained resilient, companies' outlook has now worsened or held steady since hitting a almost two-year high in February. Mr. Zhao projects "a significant slowdown" next year, with growth slipping to 6.2%. It is expected that the index will fall back to 56.4 after a bullish reading around 57.8 last month.

Economy Bitcoin hard fork day brings with it Bitcoin price volatility
Author: 0 Bitcoin hard fork day brings with it Bitcoin price volatility

The new currency's backers have said they're betting that if the block size increase doesn't happen in November, as they expect, miners could flock to Bitcoin Cash , which has an 8MB block size. Many exchanges, perhaps most notably Coinbase , have made a decision to not list the new cryptocurrency at all. If you want to be absolutely sure that you have access to all the Bitcoin Cash that you now hold as Bitcoin you will have to either move your Bitcoin to a private wallet or move ...

Economy Discovery acquires Scripps Networks for £11.1bn
Author: 0 Discovery acquires Scripps Networks for £11.1bn

Current price places the company's stock -77.05% away from its 200-day simple moving average, -2.99%, away from the 50-day average and also 2.12% away from 20-day average. ILLEGAL ACTIVITY WARNING: This news story was first published by Transcript Daily and is the property of of Transcript Daily. If you are reading this news story on another website, it was illegally stolen and republished in violation of USA and global copyright and trademark legislation.

Author: 0 Starbucks closing all Teavana stores

Starbucks announced Thursday that it will be shuttering all locations of Teavana , a tea-centric shop that now boasts 379 locations throughout the country. Twitter users referenced the high price of Teavana products and the fact that not as many in the US drink tea. The coffee chain will continue to offer a wide variety of hot tea options at most locations, as well as iced green, black and other flavored, blended tea beverages, such as Shaken Berry Sangria tea or the new Shaken Iced Pina ...

Economy Acceleration: GDP Rises At 2.6% Annual Pace
Author: 0 Acceleration: GDP Rises At 2.6% Annual Pace

Friday's GDP data is the first of three measurements the Commerce Department will take of the economy in the second quarter. In July, the Bank of Canada opted to raise interest rates for the first time since 2010. PCE rose 2.8% and was the biggest contributor to growth. Inflation was subdued in the second quarter. The second-quarter advance is a welcome rebound after a lackluster start to the year, when GDP grew at only 1.2% pace.

Economy Crude Oil Up 8.6% For Biggest Weekly Gain Of The Year
Author: 0 Crude Oil Up 8.6% For Biggest Weekly Gain Of The Year

Oil prices edged up on Friday, reaching two-month highs and on track to post the strongest weekly percentage gains this year amid short covering and as investors digested signs of easing oversupply. WTI-Brent spread was stable on Jul-2017. RBOB gasoline futures remained flat at 1.620 a gallon at the NYMEX. US gasoline futures for delivery in August were up more than 1 percent at the highest since May 24.

Economy Riders blame Cuomo for 'Summer of Hell' meltdown of subways
Author: 0 Riders blame Cuomo for 'Summer of Hell' meltdown of subways

Mr. Lhota is separately pressing Mayor Bill de Blasio to pay for half of Mr. Lhota's roughly $800 million subway rescue plan. Gov. While MTA Chairman Joe Lhota told the New York Post details about station corporate sponsorships are still being ironed out, he did say the initiative would be akin to adopt-a-highway programs.

Economy Dieselgate: Volkswagen official pleads guilty in US
Author: 0 Dieselgate: Volkswagen official pleads guilty in US

Oliver Schmidt , former manager of a VW engineering office in suburban Detroit, will appear in federal court on August 4. Schmidt is facing 11 separate felony counts, including conspiracy to defraud the United States, with a maximum sentence of 169 years in prison.

Economy Trump Spokesman Sean Spicer Resigns From White House
Author: 0 Trump Spokesman Sean Spicer Resigns From White House

Apparently, the appointment was enough to push Spicer over the edge, and he is leaving the White House immediately. Fans on Twitter hope they'll be seeing McCarthy's Spicer return in some capacity, though they are devastated that " SNL " won't be able to present any more Spicey press briefings.

Economy USA 'to ban American citizens from travelling to North Korea'
Author: 0 USA 'to ban American citizens from travelling to North Korea'

How did the news come to light? Rowan Beard, of Young Pioneer Tours , told the BBC that the embassy was trying to check the number of U.S. tourists left in the country. South Korea's proposed military talks aimed at easing tension between the two Koreas planned for Friday failed to happen after the North snubbed the call, a setback for new President Moon Jae-in's hopes for dialogue.

Economy Lyft announces plan to develop self-driving cars
Author: 0 Lyft announces plan to develop self-driving cars

The US-exclusive service Lyft announced plans today to launch its own autonomous auto division to help work on its open self-driving system. But Lyft's chief strategy officer Raj Kapoor said Thursday, per the Chron, "Drivers play an important role and will continue to play an important role".

Economy Stefan Bomhard Sells 34579 Shares of Inchcape plc (INCH) Stock
Author: 0 Stefan Bomhard Sells 34579 Shares of Inchcape plc (INCH) Stock

The Firm creates and makes plastic bags and taps and fitments for use in bag-in-box packaging for liquids. TOMZ's SI was 1,000 shares in July as released by FINRA. In other Anglo American plc news, insider John Parker bought 62,696 shares of the stock in a transaction that occurred on Tuesday, May 30th. Blackrock Fund Advisors owns 3.39M shares.

Economy Shastri: 'I matured immensely in the last two weeks'
Author: 0 Shastri: 'I matured immensely in the last two weeks'

After endless controversies, former India cricketer, Ravi Shastri, was chosen as India's head coach till 2019 World Cup. Kohli has been more in the news for his fallout with former coach Anil Kumble which became public during the Champions Trophy in England.

Economy Washington Redskins 'disagree' on Kirk Cousins' value
Author: 0 Washington Redskins 'disagree' on Kirk Cousins' value

After Monday's deadline passed for franchise-tagged players to sign long-term contracts, Redskins president Bruce Allen released a statement revealing their offer to the quarterback . Cousins didn't blame Washington for the lack of a long-term agreement, even if he had every right to . Yet, the May offer is on par for how the Redskins have miscalculated Cousins in this entire process.

Economy USA gives visas to 15k temporary workers because of labour shortage
Author: 0 USA gives visas to 15k temporary workers because of labour shortage

An urgent need of workers has led many seasonal businesses and members of Congress to plead with Kelly to issue the visas. Though Trump has taken a hard line on immigration, legal and otherwise, Homeland Security Secretary John Kelly said the decision to add visas was a "demonstration of the administration's commitment to supporting American businesses".

Economy Amazon's getting into Blue Apron's meal kit space
Author: 0 Amazon's getting into Blue Apron's meal kit space

Now, Amazon is making inroads in Blue Apron's main territory: meal kits. Amazon has registered a trademark in the USA for a service described as: "We do the prep. Amazon already sells meal kits from third party companies like Tyson and the Martha Stewart-Marley Spoon collaboration, and delivers them through Amazon Fresh .

Economy The Duchess of Cornwall turns 70
Author: 0 The Duchess of Cornwall turns 70

The picture came as the Duchess of Cornwall vowed to tackle the scourge of loneliness in old age - by becoming patron of Dame Esther Rantzen's charity The Silver Line. Camilla's ex-husband Andrew Parker Bowles also made an appearance, and despite his many affairs during their failed marriage from 1973-1995, they remain good friends.

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