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Finance

Dell is the first to use this woven glass fibre in a laptop . In fact, there's a new screen here providing a smaller bezel and packing a 13.3 inch screen with one of the thinnest frames you're likely to see, arriving with either Full HD or 4K resolution, and protected by Corning's scratch-resistant Gorilla Glass 4.
  • Alabama bids to become major auto hub

    Alabama bids to become major auto hub

    Finance

    It will produce the Toyota Corolla compact vehicle for North America and a new small SUV from Mazda. Ivey said, "This is indeed a great day in Alabama". The state produced 9 percent of the cars made in the US, the center said. US sales of small cars fell almost 10 percent past year as buyers continued a massive shift toward SUVs and pickup trucks.
  • Malaysia Launches New Search for Missing Airliner

    Malaysia Launches New Search for Missing Airliner

    Finance

    The previous search effort and the wreckage found have allowed researchers to revise their assessments on the search area, underpinning Ocean Infinity's confidence in finding the aircraft, CEO Oliver Plunkett said . In order to find the remnants of the flight, 8 autonomous underwater vehicles, consisting of drones equipped with high-tech sonars and sensors would be dispatched into the water to map the seabed.
  • Jeffrey D. Lawrence Sells 17000 Shares of Domino's Pizza, Inc. (DPZ) Stock

    Jeffrey D. Lawrence Sells 17000 Shares of Domino's Pizza, Inc. (DPZ) Stock

    Finance

    J. Patrick Doyle doesn't plan to retire after his departure as president and CEO of Domino's Pizza, and he told investors this week that "conspiracy theories" about his next potential job are untrue. As per Wednesday, February 15, the company rating was initiated by Loop Capital. Bank of America upgraded the shares of DPZ in report on Friday, October 14 to "Buy" rating.
  • Oil trades over $61 USA rig count spurs supply optimism

    Oil trades over $61 USA rig count spurs supply optimism

    Finance

    In a commodity market, backwardation is a way of using the financial market's collective intelligence to signal market tightening, which is backed by OPEC's production cuts and steady global demand. The Organization of Petroleum Exporting Countries, with help from big producers like Russian Federation, are working to drain the surplus through managed production cuts, now in their second year.
  • Mozilla 57.0.4 version addresses Spectre and Meltdown Malware flaws

    Mozilla 57.0.4 version addresses Spectre and Meltdown Malware flaws

    Finance

    Now that they - and the research into the Intel ME vulnerability - have shown researchers where to look, more is coming - and what they'll find will be worse than either Spectre or Meltdown .There will be vulnerabilities that will allow attackers to manipulate or delete data across processes, potentially fatal in the computers controlling our cars or implanted medical devices.
  • Dropbox confidentially files for IPO

    Dropbox confidentially files for IPO

    Finance

    The goal is to list the company within the first half of 2018, with the listing to be led by Goldman Sachs Group and JPMorgan Chase & Co., Bloomberg reported . In June, in hopes of spurring more IPOs, the Securities and Exchange Commission broadened the rules to allow all companies to confidentially submit their IPO registration documents.
  • Ikea Pregnancy Test in Ad for Crib Is Newest Marketing Gimmick

    Ikea Pregnancy Test in Ad for Crib Is Newest Marketing Gimmick

    Finance

    But this time, if the test is positive , a 50 percent discount appears right on the ad. Here's a link to how the ad showed up on Twitter along with various comments - both good and bad - on what people think of the ad campaign . Its latest print ads, from Swedish advertising agency Åkestam Holst , contain a swatch created with chemicals similar to those found in at-home pregnancy tests.
  • Sam's Club closing stores abruptly; none in Eastern Iowa

    Sam's Club closing stores abruptly; none in Eastern Iowa

    Finance

    Walmart says the wage increase benefits all hourly USA workers within its stores, including Sam's Club , its website and logistics. On Twitter, Sam's Club issued a statement saying, "After a thorough review of our existing portfolio, we've made a decision to close a series of clubs and better align our locations with our strategy".
  • Like-For-Like Sales Up 2.2% At Tesco In Third Quarter

    Like-For-Like Sales Up 2.2% At Tesco In Third Quarter

    Finance

    The retail giant blamed a tough October for a 2.8 per cent fall in like-for-like clothing and home sales over the 13 weeks to December 30, while it said ongoing under-performance in its food arm saw sales fall 0.4 per cent. Online sales in the United Kingdom were up 5% over the entire 19-week period. The UK's largest supermarket has reported this morning that UK like-for-like sales rose 1.9 per cent in the six weeks up to the crucial Christmas trading period: impressive in a tough market but ...
  • Circuit City announces comeback plans at CES 2018

    Circuit City announces comeback plans at CES 2018

    Finance

    The company plans on opening kiosks, stores within stores, plus its own showrooms in the not-so-distant future. Following a tease of a CES announcement, current company CEO Ronny Shmoel confirmed on Monday that something called Circuit City will arrive as "a new, more personalized online shopping experience" starting February 15.
  • MoneyGram Breathes New Life Into Ripple's XRP Token

    MoneyGram Breathes New Life Into Ripple's XRP Token

    Finance

    A cryptocurrency which has captured the attention of millions of traders worldwide, Ripple has had quite a time in the last few weeks. Moneygram will make use of XRP in their payment flows for quicker, cheaper transfer of money. MoneyGram's CEO Alex Holmes added he hopes the partnership will "increase efficiency and improve services" to its customers faster and he believes blockchain technology overall is "changing the norm and encouraging innovation".
  • Wal-Mart boosts starting wages, pays bonus, expands benefits

    Wal-Mart boosts starting wages, pays bonus, expands benefits

    Finance

    The combined wage and benefit increases will impact well over one million Walmart employees. Walmart invested $2.7 billion over two years to improve training and increase pay in a program it announced in 2015. Walmart is raising its starting hourly wage to $11, a move that will cost the company $300 million in addition to previously planned wage hikes. Walmart has denied that.
  • Woman returns 'dead' Christmas tree to Costco in January for full refund

    Woman returns 'dead' Christmas tree to Costco in January for full refund

    Finance

    The New York Post reports the California woman dragged her used tree into a Santa Ana Costco on january 4 and asked for a refund 10 days after Christmas. The man even took a photo of the woman and posted it on social media. Costco is known for a generous refund policy under which any item barring electronics can be returned at any time within 90 days.
  • Ice cream bar recall affects some Giant Eagle brand packages

    Ice cream bar recall affects some Giant Eagle brand packages

    Finance

    Fieldbrook Foods Corporation's orange cream bars, chocolate coated vanilla ice cream bars, and variety packs that include chocolate coated vanilla ice cream bars are on the list of effected products. The company has suspended production and distribution of all products produced on this production line while it cooperates with the FDA to fully investigate the source of the problem.
  • Ford is latest to be sued over Diesel Truck Emissions

    Ford is latest to be sued over Diesel Truck Emissions

    Finance

    Last year, Bosch agreed to pay $327.5 million to US owners of Volkswagen AG vehicles for its part in installing illegal emissions-cheating software. Ford sold 896,764 F-Series trucks in the United States in 2017 - a 9.3 per cent increase year-over-year, representing its best performance since 2005.
  • IRS needs more money to implement the new tax law

    IRS needs more money to implement the new tax law

    Finance

    In addition to dealing with the new tax law, the IRS must balance other priorities, including the president's May 2017 executive order mandating all federal agencies to meet certain cybersecurity requirements. "The IRS will have a lot of issues to work through, and taxpayers will have a lot of questions", National Taxpayer Advocate Nina Olson said in a news release Wednesday.
  • Analysts See $1.94 EPS for Amazon.com, Inc

    Finance

    The stock decreased 0.58% or $0.51 during the last trading session, reaching $87.71. About 4.13 million shares traded. It has outperformed by 3.59% the S&P500. It also reduced its holding in Exelon Corp (NYSE:EXC) by 16,270 shares in the quarter, leaving it with 79,935 shares, and cut its stake in General Dynamics Corp (NYSE:GD).
  • Cong calls it mal-effect of Demonetisation, GST

    Cong calls it mal-effect of Demonetisation, GST

    Finance

    High drama had unfolded at the janata darbar (public grievance meeting) presided over by state agriculture minister Subodh Uniyal on Saturday afternoon, Pandey stormed into the venue, tears rolling down his cheeks. "We have just been informed that Mr Pandey passed away at Max Hospital". "The patient had said that he had taken aluminium phosphide, a highly toxic chemical".
  • NY unveils plans for fossil fuel divestment

    NY unveils plans for fossil fuel divestment

    Finance

    The lawsuit follows the city's announcement that it plans to divest its pension funds from fossil fuel companies. The City's move is among the most significant divestment efforts in the world to date. BP Plc, 18-cv-00182, U.S. District Court, Southern District of New York (Manhattan). NY was badly rattled by Hurricane Sandy in 2012 and faces costs escalating into the tens of billions of dollars in order to protect low-lying areas such as lower Manhattan and the area around JFK airport from ...
  • Apple agrees to pay £136m in back idiot taxes to United Kingdom taxman

    Apple agrees to pay £136m in back idiot taxes to United Kingdom taxman

    Finance

    The company's Europe branch agreed to pay the back taxes as well as £57m corporate tax for the period ending April 2017. The "extensive audit" covers corporate tax for a number of years up to September 2015, during which time Apple Europe, which provides sales support, marketing and other services to fellow Apple subsidiaries, wasn't paid fair value for its services, according to the taxman.
  • AK Steel (AKS) Stock Rating Upgraded by Zacks Investment Research

    Finance

    NUE's profit will be $174.85 million for 30.81 P/E if the $0.55 EPS becomes a reality. The past five years have seen AK Steel Holding's margin expand, due to a 22.31% average growth in net income surpassing a 0.26% average growth in revenue, indicating that that the previous revenue growth has been acompanied by a growing portion translated in to earnings.
  • Eagle Capital Management LLC Lowered Oracle Corp (ORCL) Position by $108.83 Million

    Finance

    The stock increased 2.10% or $0.39 during the last trading session, reaching $18.95. About 14,747 shares traded. More interesting news about Oracle Corporation (NYSE: ORCL ) were released by: Seekingalpha.com and their article: "Oracle - Time To Deliver Following Past Promises" published on December 17, 2017 as well as Nasdaq.com's news article titled: "Oracle Corporation (ORCL) Ex-Dividend Date Scheduled for January 09, 2018" with publication date: January 08, 2018.
  • Renault Alliance Launches $1B Investment Fund For Mobility Tech

    Renault Alliance Launches $1B Investment Fund For Mobility Tech

    Finance

    Should the fund make further annual investments, Alliance Ventures is set to become the largest corporate venture capital fund in the automotive industry. Alliance Ventures will be led by Francois Dossa, who accumulated more than 20 years' experience in investment banking at firms such as Societe Generale before becoming the chief executive of Nissan Brazil.
  • IKEA asks women to pee on new advertisement

    IKEA asks women to pee on new advertisement

    Finance

    The Ikea ad, in Swedish magazine Amelia , contains a pregnancy test that reveals a discounted price for an advertised crib if it comes into contact with a pregnant woman's urine. The paper ad uses technology similar to standard pregnancy tests. The test strip is sensitive to antibodies that are found in the pregnancy hormone hCG.
  • USA gasoline prices increased in 2017, according to EIA data

    USA gasoline prices increased in 2017, according to EIA data

    Finance

    That will be the first time production has reached that level since 1970. This would make the country the world's largest crude oil producer, as long as Saudi Arabia and Russian Federation continue pumping at their current levels. As a result, pipeline capacity constraints should not be a major limiting factor in starting new production, he said. The market was supported by OPEC-led production cuts and expectations that US crude inventories have dropped for an eighth week.
  • Is Southwest Airlines (NYSE:LUV) In Trouble? Bank of America Issues Downgrade

    Finance

    The stock decreased 0.04% or $0.06 during the last trading session, reaching $161.31. Schwab Charles Inv Mngmt reported 1.83 million shares. Universal Health Services, Inc. (NYSE: LUV ) on Friday, January 22 with "Outperform" rating. The rating was upgraded by Barclays Capital to "Equal-Weight" on Friday, April 15. Oakworth Cap has invested 0.03% of its portfolio in Southwest Airlines Co .
  • Infineon partners with Baidu on Apollo program

    Infineon partners with Baidu on Apollo program

    Finance

    The project is set to provide short route self-driving vehicle services for persons with disabilities and senior citizen communities, said the company at the Consumer Electronics Show 2018 in Las Vegas. Besides entirely autonomous, Level 5-grade applications, the collaboration is also meant to support semi-automated vehicles, starting from the Level 2 category.
  • Boca Juniors star Cristian Pavon wanted as replacement for Alexis Sanchez

    Boca Juniors star Cristian Pavon wanted as replacement for Alexis Sanchez

    Finance

    Angelici remains calm over fears that Pavon could leave this month. According to reports in Argentina , an official bid has not yet been made but the north London club would be willing to meet the release clause later this month. Pavon, who joined Boca in 2014 from Talleres de Cordoba, has scored three goals and set up six more in 12 league appearances for the Superliga leaders.
  • Leipzig to resist Liverpool's advances on Keita

    Leipzig to resist Liverpool's advances on Keita

    Finance

    Liverpool's agreement with Leipzig for Keita's move in 2018 came after the German club maintained their stance in not selling the player during the last transfer window. With Leipzig still having plenty to play for this season, it looks unlikely that they will let him leave early even if the Reds agree to pay a higher premium.
  • Zidane Elected as French Coach of The Year

    Zidane Elected as French Coach of The Year

    Finance

    Madrid in their UEFA Champions League defense failed to top their group and are destined to face Ligue 1 giants PSG in the round of 16 phase. "I know that one day it [the coach's job] will come to an end at Real Madrid , so I make the most of it and I do everything I can to be successful".
  • Met Office issues fog warning for Cumbria

    Met Office issues fog warning for Cumbria

    Finance

    The warning will kick in from 4pm this afternoon and remain in place until 4am on Thursday - with spot flooding also possible on Friday with heavy bursts of rain predicted. The outlook heading into the weekend remains unsettled. The Chief Forecaster says that foggy patches could form in a number of areas across the South and South East, with visibility falling to below 100 metres in places.
  • Has $6.95 Million Stake in Walt Disney Co (DIS)

    Finance

    Finally, Washington Trust Bank boosted its position in shares of Walt Disney by 5.7% during the fourth quarter. NetEase, Inc. (NASDAQ:NTES) has risen 77.85% since January 10, 2017 and is uptrending. Bath Savings Trust Co now owns 73,382 shares of the entertainment giant's stock valued at $7,796,000 after buying an additional 4,285 shares in the last quarter.
  • Ajit Jain named to Berkshire Hathaway board as Vice-Chair Insurance

    Ajit Jain named to Berkshire Hathaway board as Vice-Chair Insurance

    Finance

    Bitcoin was down around 3 percent at $13,981.53. Investors and analysts have long considered Abel and Jain the top candidates to eventually succeed Buffett, 87, as chief executive. Abel is now the CEO of Berkshire Hathaway Energy Company and has been with company since 1992. Jain was already leading the insurance and reinsurance operations at Berkshire Hathaway, having joined the Berkshire Hathaway Insurance Group in 1986, holding the role of Executive Vice President of National Indemnity ...
  • Tesla (TSLA) Begins Solar Roof Production at Buffalo Plant

    Tesla (TSLA) Begins Solar Roof Production at Buffalo Plant

    Finance

    Tesla unveiled its innovative solar roof in 2016 and started small-scale production last September after it completed its pilot installation program, which helped to validate the reliability of the technology. After the electricity production, Tesla estimates that its solar roof will be cheaper than a non-solar tile roof of similar style or virtually pay for itself through electricity savings.
  • Strong Christmas drives optimism at Sainsbury's

    Strong Christmas drives optimism at Sainsbury's

    Finance

    As a effect underlying pretax profit for the full 2017-18 year would be moderately ahead of the published analysts' consensus - an underlying pretax profit of 559 million pounds ($755.77 million), down from 581 million in 2016-17. Meanwhile, clothing sales were up just one per cent, in a market that Sainsbury's said was impacted by warm weather at the start of the autumn/winter season.
  • JFK Airport Freezes, Floods, and Leads to Travel Chaos

    JFK Airport Freezes, Floods, and Leads to Travel Chaos

    Finance

    The FAA issued issued an alert to worldwide pilots at 1:15 p.m. Saturday, telling them to not take off from overseas until they contacted their terminal operator at JFK to secure a confirmed gate assignment. Carlos Koester, 52, was in NY for a week with his wife and two teens and just wanted to get home to Brazil. Meanwhile, Jan Coates told The Independent: "Some of our family are just back from a fabulous holiday in NY over New Year".