Economy

Government to divest 76% in Air India, invites EoI

Government to divest 76% in Air India, invites EoI

El AL claims that allowing Air India to fly in using that airspace when they can not violates the 1944 Convention on International Civil Aviation, as well as promises that the Israeli government made ...

by · Economy
Arizona Bans Uber's Autonomous Cars

Arizona Bans Uber's Autonomous Cars

A spokesperson for Aptiv, which supplies the radar and camera equipment in use in the Volvo XC90's ADAS system, said it "has nothing to do" with the Uber test vehicle's autonomous driving system. To...

by · Economy
Mechanics Bank Trust Department Cuts Stake in Walmart Inc (WMT)

Mechanics Bank Trust Department Cuts Stake in Walmart Inc (WMT)

However, investors can and should determine their own price targets for entering and exiting stock positions. Huntington National Bank who had been investing in Wal for a number of months, seems to be...

by · Economy
Father of Pulse Nightclub Shooter, Omar Mateen, Was an FBI Informant

Father of Pulse Nightclub Shooter, Omar Mateen, Was an FBI Informant

Forty-nine people died at Orlando's Pulse gay club during a horrific mass shooting in June 2016, when Omar Mateen, who had pledged support for ISIS, opened fire at the crowd. Even if there was, the ju...

by · Economy
Concho Resources to Buy RSP Permian

Concho Resources to Buy RSP Permian

The stock has a market cap of $6,020.51, a PE ratio of 26.12, a PEG ratio of 0.51 and a beta of 1.92. The stock increased 20.68% or $8.05 during the last trading session, reaching $46.97. Therefore ...

by · Economy
U.S. 4Q GDP growth revised up to 2.9%; consumer spending surges

U.S. 4Q GDP growth revised up to 2.9%; consumer spending surges

The Atlanta Federal Reserve is now forecasting the economy growing at a 1.8 percent rate in the January-March period. And the new estimate does not account for December's sweeping $1.5 trillion tax ...

by · Economy
What's in Shire plc (SHPG) After Today's Huge Increase?

What's in Shire plc (SHPG) After Today's Huge Increase?

A total of 0.96 million shares exchanged at hands and its average trading volume is standing at 1.29 million shares. On Monday, March 26, Shire plc ( SHPG ) shares have been seen trading -33.10% o...

by · Economy

Uber Doesn't Plan To Renew Self-Driving Permit In California

The company's Ford Fusion cars which were previously deployed had seven LIDAR sensors installed to "watch" the car's environment for obstacles and pedestrians. In a Tuesday letter to Uber , the Cal...

by · Economy

Adobe Systems Incorporated (ADBE) - Intermediate Trend

The stock increased 5.17% or $11.12 during the last trading session, reaching $226.14. The stock was sold at an average price of $175.39, for a total transaction of $4,384,750.00. JMP Securities cut ...

by · Economy
Walmart makes 'business decision' to remove 'Cosmopolitan' from checkout lane

Walmart makes 'business decision' to remove 'Cosmopolitan' from checkout lane

In 2000, the Kroger grocery store chain announced that it would install "blinder" racks in its 2,200 stores to block sexually explicit cover lines on the magazine in response to customer complaints....

by · Economy
Lululemon 4th-quarter adjusted net income rises as sales climb

Lululemon 4th-quarter adjusted net income rises as sales climb

The stock decreased 3.37% or $2.15 during the last trading session, reaching $61.71. About 2.00 million shares traded or 40.21% up from the average. Falcon Oil & Gas Ltd. Winslow Asset Mngmt Inc repor...

by · Economy
Mark Zuckerberg opens up about

Mark Zuckerberg opens up about "biggest mistake" in wake of data scandal

By now, you've heard of the massive Facebook data breach in which Cambridge Analytica , a data analytics firm tied to Donald Trump's election team, compiled over 50 million Facebook profiles' ...

by · Economy
SoftBank wants to build the world's biggest solar project in Saudi Arabia

SoftBank wants to build the world's biggest solar project in Saudi Arabia

The first solar panels will be imported from an established manufacturer, Son said, but all the equipment for the project will be manufactured in Saudi Arabia after the first couple of years. The de...

by · Economy
Bottle deposit scheme: Welsh ministers 'already working' on plan

Bottle deposit scheme: Welsh ministers 'already working' on plan

Retailers could be compelled to install thousands of reverse vending machines, which return the deposit in cash or as a voucher when an empty container is inserted. This is subject to consultation, th...

by · Economy
Hussman Strategic Advisors Inc. Invests $4.73 Million in Oracle Co. (NYSE:ORCL)

Hussman Strategic Advisors Inc. Invests $4.73 Million in Oracle Co. (NYSE:ORCL)

Fcg Advisors Llc who had been investing in Microsoft Corp Com for a number of months, seems to be less bullish one the $709.46B market cap company. The stock decreased 4.05% or $6.49 during the last t...

by · Economy
Apple iPhone 11 Pricing: iPhone X Successor Reportedly $100 Cheaper

Apple iPhone 11 Pricing: iPhone X Successor Reportedly $100 Cheaper

Do you think the $999 price of the iPhone X Plus will be a better choice when it is officially launched? According to an analyst with Bank of America Merrill Lynch, Apple could be working on a fol...

by · Economy
Facebook puts data privacy burden on developers, but Mozilla still pulls ads

Facebook puts data privacy burden on developers, but Mozilla still pulls ads

While the actions will not likely be permanent and won't have much of an effect on Facebook's bottom line, they're the latest fallout the social-media giant has to contend with from the ever-spiraling...

by · Economy

Roc Cabriolet confirmed: the Evoque Convertible sparks a copycat

Currently, Volkswagen Osnabruck assembles the Tiguan and the Porsche Cayman . Based on VW's first teaser sketch of the T-Roc convertible, it looks like it will be going for a more traditional retra...

by · Economy
Feds Launch Investigation Of Fiery Fatal Tesla Crash

Feds Launch Investigation Of Fiery Fatal Tesla Crash

The National Transportation Safety Board is sending two investigators to examine issues raised by a Tesla crash in California. The company's shares fell as much as 6.3 percent midday Tuesday to th...

by · Economy
Santos Confirms Gas Production Shutdown After Papua New Guinea Earthquake

Santos Confirms Gas Production Shutdown After Papua New Guinea Earthquake

Disaster officials say they are trying to assess the extent of the damage. Australian resources company Oil Search on Monday said its operations in the area were being shut down as a precaution and ...

by · Economy

Uber driver gets stuck on stairs after driving down a pedestrian walkway

The auto, a white Toyota Camry, got stuck at about 1:23 p.m. local time, according to the San Francisco Police Department. Naturally, after making the supremely embarrassing move, the first thing the ...

by · Economy
Gang leader behind malware attacks targeting 100 financial institutions arrested in Spain

Gang leader behind malware attacks targeting 100 financial institutions arrested in Spain

By the following year, the same coders improved the Anunak malware into a more sophisticated version, known as Carbanak , which was used in until 2016. Once the malicious software had been download...

by · Economy
YSRC MPs to quit over special status to Andhra

YSRC MPs to quit over special status to Andhra

But YSR Congress seems to be not learning. The opposition party has been stepping up its pressure over the issue and was the first to move a notice for no confidence against the government in Lok Sa...

by · Economy
Glaxo to buy Novartis consumer venture stake for US$13b

Glaxo to buy Novartis consumer venture stake for US$13b

Several other institutional investors and hedge funds have also modified their holdings of the stock. Glaxosmithkline Plc (NYSE: GSK ) now has a Weekly Volatility of 1.09% percent while its Mon...

by · Economy
Honda Clarity Plug-In Hybrid available at Dayton, Ohio

Honda Clarity Plug-In Hybrid available at Dayton, Ohio

With the new Insight , Honda will be looking to poach Toyota Prius customers and speaking strictly in design terms, it has all the chances in the world. According to Honda , the Insight's electr...

by · Economy
Msci Inc (NYSE:MSCI) Stake Boosted by Axa

Msci Inc (NYSE:MSCI) Stake Boosted by Axa

A lower value may show larger traded value meaning more sell-side analysts may track the company leading to a lesser chance that shares are priced improperly. A multi-faceted indicator created to gi...

by · Economy
Deutsche Bank (DBK) Given a €11.00 Price Target at Independent Research

Deutsche Bank (DBK) Given a €11.00 Price Target at Independent Research

The last session's volume was 9,426,640 compared to its average daily volume of 4.86M shares. Considering that the stock recent volume of 9426640 shares, this represents a pretty noteworthy trading in...

by · Economy
Americans less likely to trust Facebook than rivals on personal data

Americans less likely to trust Facebook than rivals on personal data

The Chicago Tribune reports the lawsuit filed by Cook County State's Attorney Kimberly Foxx on behalf of IL residents brings one consumer fraud count each against Facebook and Cambridge Analytica....

by · Economy
Sea of Thieves Devs Cut Controversial 'Death Tax' Update Following Community Feedback

Sea of Thieves Devs Cut Controversial 'Death Tax' Update Following Community Feedback

Rare initially responded saying that there will be no Death Cost in PvP scenarios when players are battling other pirates but in the latest statement from the devs, they've announced that the featur...

by · Economy
Kenya authorities says Opposition figure, Miguna Miguna threw 'tantrum' at airport

Kenya authorities says Opposition figure, Miguna Miguna threw 'tantrum' at airport

But in full view of at least 40 undercover police, and Odinga, Miguna refused to board the flight stating defiantly he was not going anywhere and asking for his luggage and his passport. He then, the ...

by · Economy