Economy

Economy Missouri attorney general launches an anti-trust investigation against Google
Author: 0 Missouri attorney general launches an anti-trust investigation against Google

Hawley said it's important to find out how Google handles sensitive information - especially after large companies like Equifax recently suffered massive data breaches. He says most people don't realize that Google builds individual user profiles of those who use the company's services. "However, we have strong privacy protections in place for our users and continue to operate in a highly competitive and dynamic environment", spokesperson Andrea Faville said in a statement .

Economy Hasbro, Inc. (HAS) Reportedly Mulls Mattel Acquisition
Author: 0 Hasbro, Inc. (HAS) Reportedly Mulls Mattel Acquisition

The two companies, which had a combined market value of about $16-billion as of Friday's close, said they do not comment on rumors or speculation. It also has rights to valuable entertainment franchises. "We believe its brands and manufacturing footprint could be worth more than $10 billion in their current state", analyst Gerrick Johnson of BMO Capital Markets said in a note to clients.

Economy Now you can actually have 'Breakfast at Tiffany's'
Author: 0 Now you can actually have 'Breakfast at Tiffany's'

The Blue Box Café serves American classics made with the highest quality, regionally sourced ingredients. By the time the doors opened, at 10 a.m., there was a line down the block. The restaurant will be decked out in Tiffany's signature blue. It's "immersion in Tiffany-not only the feeling of being inside a Blue Box-but surrounded by Tiffany hospitality", Moore says.

Economy Driverless auto involved in crash in first hour of first day
Author: 0 Driverless auto involved in crash in first hour of first day

Technology onboard the Vegas shuttle was developed by Navya . Sponsored by AAA, the shuttle is intended less for its actual utility and more to get people used to the idea of driverless cars. However, the autonomous shuttle was not at fault - the human driver of the other vehicle was to blame. In return, the company will donate $1 per every passenger who rides the shuttle to those affected by the mass shooting in Las Vegas that took place in October.

Author: 0 Target's Fidget Spinners Could Be Poisoning Kids

A consumer advocacy group said they found fidget spinners sold at Target contained more than 300 times the lead levels allowed in children's toys. New research shows they can also be risky. Children products must not contain more than 100 parts per million (ppm) of total lead in "accessible parts", according to federal requirements .

Economy Pack Your Bags: WOW Air Is Offering $99 Flights to Europe
Author: 0 Pack Your Bags: WOW Air Is Offering $99 Flights to Europe

In May 2018, WOW Air will transition from offering daily flights to 13 weekly flights between the its Iceland hub and Newark. Cleveland (CLE), and Cincinnati (CVG) to Paris (CDG), Amsterdam (AMS), London (STN), Frankfurt (FRA), Dublin (DUB), Copenhagen (CPH), and Berlin (SXF) via Iceland.

Author: 0 Congress grills former Equifax, Yahoo CEOs over identity data breaches

Mayer told the committee that Yahoo learned of a state-sponsored attack on its system in late 2014, and promptly reported it to law enforcement and notified users who were impacted by the hack. Russian Federation has denied trying to influence the US election in any way. John Thune (R-S.D.), chairman of the Senate Committee on Commerce, Science, and Transportation, today convened a hearing titled, "Protecting Consumers in the Era of Major Data Breaches".

Economy Waymo's fully self-driving cars are here
Author: 0 Waymo's fully self-driving cars are here

Self-driving vehicle company Waymo has said it is confident enough in its technology to ditch the human safety driver and open up its fleet to the public. It completed its first successful test of a ride-hailing service two years ago , when it ferried a blind man in the Austin, Texas, area, and has since been testing its service with engineers in the front seats of its vehicles.

Economy Apple shifted assets to island to evade tax scrutiny
Author: 0 Apple shifted assets to island to evade tax scrutiny

ASI had made more than $120bn (£91.52bn) - almost 60% of Apple's earnings worldwide - and had become their biggest profit generator, and most of the profits had been transferred to AOI as dividends. A lawyer representing Hamilton insists the tax arrangement is legal. Apple CEO Tim Cook was forced to defend Apple's tax practices in testimony to the U.S.

Author: 0 Broadcom plans Qualcomm bid according to sources

Perhaps the most important new news on the bid is that Qualcomm is expected to reject this deal as it undervalues the company. "This complementary transaction will position the combined company as a global communications leader with an impressive portfolio of technologies and products", Hock Tan, resident and chief executive officer of Broadcom , said in a statement Monday.

Economy Windsor unemployment rate up in October to 6.9%
Author: 0 Windsor unemployment rate up in October to 6.9%

The US unemployment rate dropped to 4.1 percent in October while job creation resumed climbing after the two late-summer hurricanes. It's the first time the jobless rate has been above 6 per cent in London since June. October's strong jobs data "suggest there is still some life left in the economic upswing", BMO Capital Markets chief economist Doug Porter said. Additionally, wages rose from the same time past year by 2.4 percent but slowed somewhat from last month.

Economy Bitcoin price shatters record by reaching $7000 for the first time
Author: 0 Bitcoin price shatters record by reaching $7000 for the first time

At the time of writing, the price of Bitcoin managed to hit a new all-time high for the third time in nearly as many days, surpassing the coveted $6,000 mark and peaking at a global average of $6,609. This brings it in line with Cboe Global Markets, which announced similar plans in August, and LedgerX, which began trading in bitcoin options and day-ahead swops two weeks ago.

Economy Shortened sign-up period under way for Health Insurance Marketplace program
Author: 0 Shortened sign-up period under way for Health Insurance Marketplace program

The enrollment period for 2018 ends December 1. Because President Donald Trump cut funding that had kept silver plan deductibles and copays low for lower income buyers, insurance companies raised silver plan premiums. Last year, you had until after the holidays to sign up . This year, her group will be in only the most densely populated areas after losing almost half its funding.

Economy VN's manufacturing PMI dips to 51.6 in October
Author: 0 VN's manufacturing PMI dips to 51.6 in October

As such, eyes will now be firmly fixed on the Bank of England's interest rate decision, with a hike likely to impact investment decisions in the United Kingdom, as well as have potential implications for overseas demand. Governor Mark Carney has warned of a supply squeeze related to Brexit that will reduce potential growth and increase the risk of the economy overheating.

Economy Man Locked in Convenience Store Beer Cooler Stays and Drinks
Author: 0 Man Locked in Convenience Store Beer Cooler Stays and Drinks

A Kwik Trip manager said a customer told employees about 5:50 a.m. Wednesday that there appeared to be a man locked in the cooler and he left the store in a hurry when employees opened the door. He had a number of options in his predicament; he could've just knocked on the glass door and someone would've let him out. "He had a pretty high blood alcohol level when he was arrested and as a part of his probation he was ordered to not drink alcohol", Gramza said.

Author: 0 On Strong Earnings, Amazon And Whole Foods Face Culture Clash

Although AWS has continued to be a massive profit driver, accounting for almost 10% of total revenue in Q3, sales growth for the cloud service actually slowed down for the eighth straight quarter. The e-commerce and cloud computing giant crushed Wall Street's expectations and its own guidance across the board. In the fourth quarter of 2016, Amazon had $43.7 billion worth of sales, meaning that it expects an increase of 28% to 38%.

Economy United Kingdom growth fuels speculation of interest rate rise
Author: 0 United Kingdom growth fuels speculation of interest rate rise

The largest contributor to growth in services was the business services and finance sector, which grew by 0.6%, while the positive contribution from production (up 1% in the quarter) was attributed to strength in the vehicle manufacturing output in July, which increased by 3.8%.

Economy Lord & Taylor to Become WeWork Headquarters in NYC Flagship Sale
Author: 0 Lord & Taylor to Become WeWork Headquarters in NYC Flagship Sale

Rhone Capital will also make an $632 million investment in HBC. The sales to New York-Based Rhone and WeWork, an office-sharing firm, will help Hudson's Bay cut debt and boost cash by a combined C$1.6 billion ($1.27 billion), and may lead to additional real estate transactions, the company said Tuesday.

Economy Gov. Andrew Cuomo Bans e-cigarettes in New York City
Author: 0 Gov. Andrew Cuomo Bans e-cigarettes in New York City

In July , the governor approved legislation banning the use of e-cigarettes on school grounds in ny. WIVB.com provides commenting to allow for constructive discussion on the stories we cover. While many counties have already banned the use of e-cigarettes in public places, including restaurants, bars and other work places, this bill makes the law consistent across the state.

Economy Gas prices continue slide
Author: 0 Gas prices continue slide

Those were the days - or years, to be precise - when gas prices routinely were above $3.00 a gallon. A gallon of regular unleaded fuel is now selling for an average of $2.32 in the Orlando metropolitan area, according to AAA's Daily Fuel Gauge report.

Author: 0 Bill O'Reilly settled another sexual harassment claim for $32 million

The New York Times reported Saturday that executives at 21st Century Fox were aware of the sexually graphic complaints made by former colleague Lis Wiehl before giving O'Reilly his big payday in February. In a statement , 21st Century Fox said it was not privy to the amount of the Wiehl settlement and believed that January settlement with her was a personal matter.

Economy OBC Ekta Manch Leader Alpesh Thakor to Join Congress on Oct 23
Author: 0 OBC Ekta Manch Leader Alpesh Thakor to Join Congress on Oct 23

Both leaders are vocal critics of the BJP government in Prime Minister Narendra Modi's home state, where assembly elections are due this winter. Thakore met Gandhi at the latter's residence this evening and was accompanied by Congress general secretary in-charge of Gujarat Ashok Gehlot and state unit chief Bharatsinh Solanki .

Economy Aadhar Card Linkage To Bank Accounts Is Compulsory, Clarifies RBI
Author: 0 Aadhar Card Linkage To Bank Accounts Is Compulsory, Clarifies RBI

Linking of Aadhaar with your bank account is not mandatory yet. "It may be noted that Reserve Bank has not yet issued an instruction in this regard", RBI said in its response to the RTI query. "It's not the government's business to prescribe what banks and their customers should do", a customer complained. The order also stated that it is compulsory to have Aadhaar and PAN in possession for attaining a bank account.

Economy Coca-Cola European Partners plc (NYSE:CCE) Moving 0.10% For The Week
Author: 0 Coca-Cola European Partners plc (NYSE:CCE) Moving 0.10% For The Week

Macquarie began coverage on shares of Coca-Cola Company (The) in a report on Friday, September 15th. Coca-Cola Company (The) has a consensus rating of "Hold" and an average price target of $46.56. The ex-dividend date was Tuesday, November 29th. This is lower than the both industry's 133.61 and the wider sector's 13.99. Eqis Management holds 5,808 shares.

Economy Explosion near mosque kills 10 in Afghanistan's Ghor province
Author: 0 Explosion near mosque kills 10 in Afghanistan's Ghor province

Security forces cordoned off the area one hour after the explosion. There was no immediate claim of responsibility for the grisly attack but recent assaults on Shiite mosques in Afghanistan have been carried out by Islamic State militants, who belong to the rival Sunni branch of Islam.

Economy Trump Offered Family Of Killed Soldier $25000 And Didn't Follow Through
Author: 0 Trump Offered Family Of Killed Soldier $25000 And Didn't Follow Through

In the case of Baldridge's son, that sum was slated to go to his ex-wife even though Baldridge said he could "barely rub two nickels together". But as of yet, Chris Baldridge has only received a condolence letter. Kelly's son Robert died when he stepped on a landmine in Afghanistan in 2010. In his call with Trump, Baldridge, a construction worker, expressed frustration with the military's survivor benefits program.

Economy Ford Recalling 1.3 Million Pickups Over Door Issue
Author: 0 Ford Recalling 1.3 Million Pickups Over Door Issue

The company estimates that the recall will cost it $267 million in the fourth quarter, according to filings with the Securities and Exchange Commission . When that happens, a door may appear closed, but the latch might not be engaged, creating the risk that the door could open while driving. Ford sold 820,000 of the F-series trucks in the US past year.

Economy Hartley to race for Toro Rosso in Austin
Author: 0 Hartley to race for Toro Rosso in Austin

Toro Rosso team Principal Franz Tost reportedly wants to use next the race as a chance to evaluate a new driver to add to next year's roster and while Gasly remains a favourite to retain one of the team's cars, the other is now up in the air.

Author: 0 Oil prices sink after International Energy Agency's outlook

Oil prices declined on Thursday, after the International Energy Department reported a bearish outlook of the market. OPEC was said to estimate that its efforts to clear the oversupply will be successful by the end of September 2018. Unrest in Iraq also underpinned prices. Tensions between the two, which traders fear could cut off oil exports from the region, have been building since Iraqi Kurds overwhelmingly backed independence in a September 25 vote.

Economy Facebook's food delivery feature now brings Five Guys to all
Author: 0 Facebook's food delivery feature now brings Five Guys to all

This isn't ideal for Facebook, as the company wants you constant attention. But it's not at all what you might think; Facebook hasn't created its own answer to Seamless, which would be massive news for the restaurant industry. According to a press release , you can only order from restaurants that are already offering takeout and delivery through one of those services. Food delivery apps is a saturated market but Facebook, with 240 million users in the United States, aims to offer a more ...

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